Trade balance. USA, 14:30 (GMT+2) 06 Sep

06Sep.202313:30

Trade balance. USA, 14:30 (GMT+2)

At 14:30 (GMT+2) July data on the US trade balance will be published. This indicator consolidates the difference between the amount of payments for exported and imported goods, its increase is a positive factor for the national currency. The balance sheet deficit is expected to accelerate from –65.50B dollars to –68.00B dollars, putting pressure on the US dollar.

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06 Sep. 2023 13:30

Trade balance. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2) Canada will publish July data on trade balance. This indicator consolidates the difference between the amount of payments for exported and imported goods, its increase is a positive factor for the national currency. The trade balance is expected to correct from –3.73B Canadian dollars to –3.63B Canadian dollars. Implementation of the forecast may still put pressure on the position of the national currency.

06 Sep. 2023 15:00

ISM manufacturing PMI. USA, 16:00 (GMT+2)

At 16:00 (GMT+2) in the US, August data on the index of business activity in the manufacturing sector will be published. 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 index is expected to fall from 52.7 points to 52.5 points.

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