GfK consumer climate index. Germany, 08:00 (GMT+2) 27 Sep

27Sep.202307:00

GfK consumer climate index. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), October data on the consumer climate index from GfK Group will be published in Germany. The indicator assesses the degree of confidence in the strength of the economy and is a leading indicator of household spending. It is expected to remain at −25.5 points in October, putting pressure on the euro.

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26 Sep. 2023 21:30

Crude oil reserves. USA, 22:30 (GMT+2)

At 22:30 (GMT+2), a weekly report on the amount of oil reserves, gasoline, and distillate volumes from the American Petroleum Institute (API) will be published. Previously, the statistics recorded a correction to –5.250M barrels of crude oil, and the continuation of the trend could support oil prices.

27 Sep. 2023 09:00

Monetary supply M3. EU, 10:00 (GMT+2)

At 10:00 (GMT+2), August data on the M3 money supply aggregate in the EU will be published. The indicator measures the value of all foreign currency and liquid monetary assets in the hands of the population and is an important indicator of inflation in the country, the growth of which may lead to higher interest rates by financial regulators. The negative dynamics are expected to accelerate from −0.4% to −1.0% dollars.

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