Sentix investor confidence. EU, 10:30 (GMT+2) 09 Oct

09Oct.202309:30

Sentix investor confidence. EU, 10:30 (GMT+2)

At 10:30 (GMT+2), an index from Sentix will be published, reflecting investor confidence in the economic prospects of the EU. If the October indicator accelerates its decline from the current −21.5 points, it may put pressure on the euro and negatively affect the dynamics of the region’s stock market.

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09 Oct. 2023 07:00

Industrial production. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), August data on industrial production will be published in Germany. The indicator records changes in the volume of production of industrial goods and utilities in the country. Its calculation considers the manufacturing and mining industries, as well as the electric power industry. The value is expected to correct to –0.8% from –0.5% a month earlier. The implementation of the forecast may put pressure on the euro.

10 Oct. 2023 00:01

BRC Retail Sales Monitor. United Kingdom, 01:01 (GMT+2)

At 01:01 (GMT+2), retail sales data for September from the British Retail Consortium (BRC) will be released in the UK. The indicator records the monthly volume of all goods sold by retailers belonging to the consortium. This is one of the important indicators of consumer spending, which has a significant impact on GDP. Sales are expected to grow by 3.1% in September, which is less than the 4.3% increase in August. If the forecast proves right, the pound may fall under pressure.

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