GfK consumer climate. Germany, 08:00 (GMT+2) 28 Jun

28Jun.202307:00

GfK consumer climate. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2) in Germany, the July data on the consumer climate index from GfK Group will be published. The indicator assesses the degree of confidence in the strength of the economy and is a leading indicator of household spending. It is expected to correct from –24.2 points to –23.0 points. Implementation of the forecast may support the euro.

Start Trading

Cannot read us every day? Get the most popular posts to your email.

What should I read next?

28 Jun. 2023 02:30

Consumer price index. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2), Australian data on the consumer price index will be released. It is the main indicator of inflation in the country and determines the change in retail prices for a certain “basket” of goods and services: food, transport, utilities, healthcare, and so on. It has a significant impact on monetary policy decisions. The value is expected to decline from 6.8% to 6.1% YoY. Implementation of the forecast may support the Australian dollar.

28 Jun. 2023 09:00

Monetary aggregate M3. EU, 10:00 (GMT+2)

At 10:00 (GMT+2), May data on the aggregate money supply M3 in the euro area will be published. The indicator measures the value of all foreign exchange and liquid monetary assets in the hands of the population and is an important indicator of inflation in the country, the growth of which may lead to higher interest rates by financial regulators. It is expected that the value will decrease from 1.9% to 1.5% YoY.

What’s next?

I’d like to test my new skills on a demo account without registration

Show me currency charts and real time price moves

I’d like to copy professional traders’ transactions onto my account

I'm ready to open a trading account and make money from Forex

Facebook
X
Instagram
LinkedIn
Youtube
Telegram
MQL5

Live Chat