Trade balance. EU, 11:00 (GMT+2) 15 Jun

15Jun.202310:00

Trade balance. EU, 11:00 (GMT+2)

At 11:00 (GMT+2) the data on the trade balance will be published in the EU. The indicator consolidates the difference between the amount of payments for exported and imported goods, and in April, it is likely to decrease from 25.6B euros to 21.5B euros.

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15 Jun. 2023 03:00

Industrial production. China, 04:00 (GMT+2)

At 04:00 (GMT+2) in China, May industrial production data will be published, which will reflect the change in the volume of output of industrial goods and utilities in the country. The calculation of the indicator considers the manufacturing and mining industries, as well as the electric power industry. It is predicted that the value will decrease from 5.6% to 3.8% YoY, which, in turn, may negatively affect the quotes of the national currency of China.

15 Jun. 2023 13:30

Retail sales. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), May retail sales data will be released in the US. The indicator records the volume of all goods sold by retailers, based on a sample of retail stores. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). It is expected that in May, the volume will decrease from 0.4% to –0.1% and the core value – from 0.4% to 0.1% MoM, which, in turn, may put pressure on the euro.

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