Trade balance. Switzerland, 08:00 (GMT+2) 20 Jun

20Jun.202307:00

Trade balance. Switzerland, 08:00 (GMT+2)

At 08:00 (GMT+2), May data on the trade balance in Switzerland will be published. This indicator captures the difference between the amount of payments for exported and imported goods. An increase in the indicator from the current 2.601B francs to 3.892B francs is predicted, which may support the exchange rate of the national currency of Switzerland.

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20 Jun. 2023 07:00

Producer price index. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), May data on the German producer price index will be published. It is one of the most important indicators of inflation in the economy since it measures the change in prices for goods sold by manufacturers at the wholesale level. It is expected that the value will be corrected from the current 4.1% to 1.7% YoY and from 0.3% to –0.7% MoM, which may contribute to the downward dynamics of the euro.

20 Jun. 2023 13:00

Building permits. USA, 14:00 (GMT+2)

At 14:00 (GMT+2) in the US, May data on the number of building permits issued will be published. The indicator monthly consolidates the change in the number of applications issued by the US government for the construction of real estate and is one of the most important indicators of the construction sector. It is expected that in May the value will grow from 1.417M to 1.435M, which may support the quotes of the US dollar.

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