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Interest rate decision. Australia, 06:30 (GMT+2) 05 Sep

05Sep.202305:30

Interest rate decision. Australia, 06:30 (GMT+2)

At 06:30 (GMT+2), the Reserve Bank of Australia (RBA) will announce its interest rate decision. Regulator officials will likely keep the value at 4.10%. The accompanying statement may contain an assessment of the country’s financial authorities regarding the current state of the economy against global geopolitical tensions.

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Caixin manufacturing PMI. China, 03:45 (GMT+2)
05 Sep. 2023 02:45
Caixin manufacturing PMI. China, 03:45 (GMT+2)

At 03:45 (GMT+2), China will publish August data on the index of business activity in the manufacturing sector from Caixin. The indicator reflects the state of business activity in the national manufacturing industry and is calculated based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, their attitude to the current economic situation and the prospects for its further development is assessed. The indicator is expected to decrease from the current 54.1 points to 53.6 points, which, in turn, may negatively affect the yuan.

Manufacturing PMI. EU, 10:00 (GMT+2)
05 Sep. 2023 09:00
Manufacturing PMI. EU, 10:00 (GMT+2)

At 10:00 (GMT+2), the August data on the index of business activity in the manufacturing sector of the EU countries will be presented. The indicator is calculated based on a survey of purchasing and supply managers of leading national enterprises in all industries while assessing their attitude to the current economic situation and prospects for its further development. It is expected that in August the index will drop from 44.8 points to 43.6 points. Implementation of the forecast may put pressure on the euro.

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