Gross domestic product. USA, 14:30 (GMT+2) 30 Aug

30Aug.202313:30

Gross domestic product. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), the US Q2 gross domestic product (GDP) will be released. It is the main indicator reflecting the state of the national economy and considers domestic consumption, investment, government spending, and exports. The value is expected to rise from 2.0% to 2.4% QoQ.

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30 Aug. 2023 13:00

Consumer price index. Germany, 14:00 (GMT+2)

At 14:00 (GMT+2) in Germany, August data on the consumer price index will be published. It is the main indicator of inflation in the country and reflects the change in retail prices for a certain “basket” of goods and services: food, transport, utilities, healthcare, and so on, having a significant impact on monetary policy decisions. The consumer price index is expected to drop from 6.2% to 6.0% YoY and remain at 0.3% MoM.

30 Aug. 2023 13:15

ADP nonfarm payrolls. USA, 14:15 (GMT+2)

At 14:15 (GMT+2) in the US, the August data on the number of people employed outside the agricultural sector from the company Automatic Data Processing (ADP) will be published. They reflect changes in the number of jobs in the nonfarm sector based on a survey of about 400.0K business sources. The indicator is considered a leading indicator in federal employment data. The value is expected to decrease from 324.0K to 195.0K, which may put pressure on the positions of the US national currency.

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