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Trade balance. Switzerland, 08:00 (GMT+2) 22 Aug

22Aug.202307:00

Trade balance. Switzerland, 08:00 (GMT+2)

At 08:00 (GMT+2), the July data on the trade balance in Switzerland will be published. This indicator captures the difference between the amount of payments for exported and imported goods. The indicator may decline from the current 4.832B francs to 4.300B francs, putting pressure on the franc.

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New home price index. Canada, 14:30 (GMT+2)
21 Aug. 2023 13:30
New home price index. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2) in Canada, the July index of prices for new housing will be published, allowing to analyze the state of the national real estate market and assess the impact of its dynamics on the economy as a whole. If the value rises from the current 0.1%, it could push the Canadian dollar lower.

Current account. EU, 10:00 (GMT+2)
22 Aug. 2023 09:00
Current account. EU, 10:00 (GMT+2)

At 10:00 (GMT+2), June data on the current account balance in the euro area will be published – an indicator that measures the difference in the amount of exported and imported goods. The indicator is forecast to decline from 9.18B euros to –6.9B euros MoM, which may strengthen the euro’s downward dynamics.

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