GfK Consumer Climate. Germany, 08:00 (GMT+2) 27 Jul

27Jul.202307:00

GfK Consumer Climate. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2) in Germany, the August 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 that in August it will correct from –25.4 points to –24.7 points. Implementation of the forecast may put pressure on the euro.

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26 Jul. 2023 19:00

Interest rate decision. USA, 20:00 (GMT+2)

At 20:00 (GMT+2), the US Federal Reserve System (US Fed) will announce its monetary policy decision. The regulator is expected to raise the interest rate from the current 5.25% to 5.50%. In an accompanying statement, the head of the department, Jerome Powell, can also announce concrete steps by the financial authorities to curb inflationary pressure in the country.

27 Jul. 2023 13:30

Durable goods orders. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), the US will publish June data on the volume of orders for durable goods with a service life more than three years. The indicator is a leading indicator of industrial activity. It is expected that the June total volume of orders will decrease from 1.7% to 0.7%.

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