Trade Balance. Germany, 08:00 (GMT+2) 03 Aug

03Aug.202307:00

Trade Balance. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), the data on the German Trade Balance for June will be published. This indicator captures the difference between the amount of payments for exported and imported goods. In June, the Trade Balance is likely to correct from 14.4 billion euros to 15.0 billion euros, supporting the quotes of the single currency.

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03 Aug. 2023 02:30

Trade Balance. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2), June data on Trade Balance will be published in Australia. This indicator captures the difference between the amount of payments for exported and imported goods, and its increase is a positive factor for the Australian currency. The balance sheet surplus is expected to correct downward from 11.791 billion Australian dollars to 10.250 billion Australian dollars.

03 Aug. 2023 07:30

Consumer Price Index. Switzerland, 08:30 (GMT+2)

The data on the Swiss Consumer Price Index for July are due at 08:30 (GMT+2). It is the main indicator of inflation in the country and determines the change in the level of retail prices for a particular basket of goods and services: food, transportation, utilities, healthcare, etc. The index has a significant impact on the monetary policy decisions of the Swiss National Bank. It is expected that on an annualized basis, the indicator will decrease from 1.7% to 1.6%, and on a monthly basis it may fall from 0.1% to -0.1%.

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