Gross domestic product. USA, 14:30 (GMT+2) 25 May

25May.202313:30

Gross domestic product. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), Q1 data on the gross domestic product (GDP) of the United States will be released. It is the main indicator reflecting the state of the national economy and considers domestic consumption, investment, government spending, and exports. It is expected that the figure will remain at 1.1% QoQ.

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25 May. 2023 07:00

GfK consumer climate. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), Germany will publish June data on the consumer climate index from GfK Group. The indicator assesses the degree of confidence in the strength of the economy and is a leading indicator of household spending. The indicator is expected to correct from –25.7 points to –24.0 points. Implementation of the forecast may support the euro.

25 May. 2023 13:30

Initial jobless claims. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), weekly data on the number of initial jobless claims will be released in the US. The indicator measures the number of people who applied for the first time during the past week. The data is collected by the Department of Labor and published in a weekly report. The number of applications for benefits is used to measure the state of the employment sector since an increase in the value means that fewer people are being hired. It is expected that the indicator will grow from 242.0K to 250.0K.

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