Unemployment rate. Switzerland, 07:45 (GMT+2) 07 Jun

07Jun.202306:45

Unemployment rate. Switzerland, 07:45 (GMT+2)

At 07:45 (GMT+2), May data on unemployment will be published in Switzerland. This indicator captures the percentage of unemployed over 18 years of age to the total working-age population. Only registered unemployed persons are considered. The seasonally adjusted unemployment rate is expected to fall from 2.0% to 1.9% and 1.9% seasonally.

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07 Jun. 2023 07:00

Industrial production. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), April data on industrial production will be published in Germany. The indicator captures the change in the volume of output of industrial goods and utilities in the country. Its calculation considers the manufacturing and mining industries, as well as the electric power industry. The value is expected to correct to –1.3% from –3.4% a month earlier. Implementation of the forecast may put pressure on the position of the euro.

07 Jun. 2023 14:30

Trade balance. USA, 15:30 (GMT+2)

At 15:30 (GMT+2), April data on the US trade balance will be published. This indicator consolidates the difference between the amount of payments for exported and imported goods, its increase is a positive factor for the national currency. It is expected that the balance deficit will slow down from –64.20B dollars to –63.30B dollars, which may still put pressure on the US dollar quotes.

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