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Employment change. Switzerland, 08:30 (GMT+2) 25 Aug

25Aug.202307:30

Employment change. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), Switzerland will publish Q2 employment data, showing the change in the number of employed citizens. The indicator is expected to grow from 5.389M to 5.428M. Implementation of the forecast may support the Swiss franc.

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Gross domestic product. Germany, 08:00 (GMT+2)
25 Aug. 2023 07:00
Gross domestic product. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), preliminary data on Q2 Germany’s gross domestic product (GDP) will be released. It is the main indicator reflecting the state of the national economy, which considers domestic consumption, investment, government spending, and exports. It is expected that the indicator will slow down the negative dynamics from –0.1% to 0.0% QoQ and remain at –0.2% YoY.

Business expectations. Germany, 10:00 (GMT+2)
25 Aug. 2023 09:00
Business expectations. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), the August index of business expectations in Germany will be published, which measures business sentiment and business conditions in the country through a survey of representatives of 7.0K companies. Growth from the current 83.5 points to 83.8 points, which, in turn, may support the euro.

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