Trade balance. Australia, 03:30 (GMT+2) 08 Jun

08Jun.202302:30

Trade balance. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2) in Australia, April data on the trade balance will be published. This indicator consolidates the difference between the amount of payments for exported and imported goods, and its increase is a positive factor for the Australian currency. The balance sheet surplus is expected to correct downward from 15.269B Australian dollars to 12.650B Australian dollars.

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08 Jun. 2023 00:50

Gross domestic product. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), Japan’s Q1 gross domestic product (GDP) will be released. It is the main indicator reflecting the state of the national economy; it considers domestic consumption, investment, government spending, and exports. The value is expected to rise from 0.0% to 0.4% QoQ and from 0.1% to 1.6% YoY. Implementation of the forecast may support the yen.

08 Jun. 2023 10:00

Employment change. EU, 11:00 (GMT+2)

At 11:00 (GMT+2) in the EU, data on the change in employment for the first quarter of 2023 will be published. This indicator captures changes in the number of employed citizens and is the key indicator of the national labor market. It is expected that the indicator will remain at 1.7% YoY and 0.6% QoQ, which, in turn, may support the euro.

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