Factory orders. Germany, 08:00 (GMT+2) 06 Jun

06Jun.202307:00

Factory orders. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), April data on the volume of factory orders will be published in Germany. This indicator captures the number of orders for durable and non-durable goods. The negative dynamics are expected to slow down from –10.7% to –2.2%. Implementation of the forecast may have a positive impact on the euro.

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06 Jun. 2023 05:30

Interest rate decision. Australia, 06:30 (GMT+2)

At 06:30 (GMT+2), the Reserve Bank of Australia will announce its interest rate decision. Regulator officials will likely leave the value at the current level of 3.85% to assess the impact of the measures already taken to tighten monetary stimulus on inflation rates. The accompanying statement may contain an assessment of the country’s financial authorities regarding the current state of the economy against the backdrop of global geopolitical tensions.

06 Jun. 2023 09:30

Construction PMI. UK, 10:30 (GMT+2)

At 10:30 (GMT+2), May data on the index of business activity in the construction sector will be released in the UK. The indicator reflects the state of business sentiment in the construction market and is calculated based on a survey of managers of the largest companies in the country. It is expected that it will decrease from 51.1 points to 51.0 points.

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