IFO business climate. Germany, 10:00 (GMT+2) 26 Jun

26Jun.202309:00

IFO business climate. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), the June index of the business climate in Germany from the Institute for Economic Research (IFO) will be published. It is based on a survey of leaders of 7.0K enterprises in the manufacturing industry, the construction sector, wholesale, and retail trade. If the indicator is corrected from the current 91.7 points, it may harm the positions of the European currency.

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26 Jun. 2023 09:00

Business expectations. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), the June index of business expectations in Germany will be published, which measures business sentiment and business conditions in the country through a survey of representatives of 7.0K companies. If the June value decreases from the current 88.6 points, it may put pressure on the positions of the European currency.

26 Jun. 2023 18:30

Speech by ECB President Christine Lagarde. EU, 19:30 (GMT+2)

At 19:30 (GMT+2), the President of the European Central Bank (ECB), Christine Lagarde, will make a speech. Investors are following with interest the rhetoric of the regulator’s representatives, trying to get hints about the further prospects for the development of the economy in the face of rapid inflation and the developing banking crisis, which, according to experts, may spread to the financial institutions of the EU.

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