Manufacturing sales. Canada, 14:30 (GMT+2) 25 Jul

25Jul.202313:30

Manufacturing sales. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2), Canada will publish data on sales in the manufacturing sector. It is a key indicator of the strength of a national industry and therefore a leading indicator of a country’s economic health. The value is expected to decrease from 1.2% to 0.8%. Implementation of the forecast may put pressure on the quotes of the national currency.

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25 Jul. 2023 11:00

CBI industrial trends orders. UK, 12:00 (GMT+2)

At 12:00 (GMT+2) in the UK, July data on the index of industrial orders from the Confederation of British Industrialists (CBI) will be published. The indicator is calculated based on a survey of representatives of leading British enterprises and is an important indicator of the state of business in the country. It is predicted that the negative dynamics will increase from –15.0 points to –17.0 points, which, in turn, will act as a catalyst for the decline of the pound.

25 Jul. 2023 15:00

CB consumer confidence. USA, 16:00 (GMT+2)

At 16:00 (GMT+2), the Conference Board’s consumer confidence index for July will be published in the US. It is calculated based on a survey of 5K American households and considers their vision of the current and future economic situation. It is a leading indicator that predicts consumer spending that is part of economic activity. The value is expected to rise from 109.7 points to 113.0 points. Implementation of the forecast may support the US dollar.

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