Trade balance. Germany, 08:00 (GMT+2) 03 Nov

03Nov.202307:00

Trade balance. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2) September trade balance data will be published in Germany. This indicator records the difference between the amount of payments for exported and imported goods. In September, the figure is likely to adjust from 16.6B euros to 16.3B euros, putting pressure on the euro.

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03 Nov. 2023 02:45

Caixin manufacturing PMI. China, 03:45 (GMT+2)

At 03:45 (GMT+2), China will publish October data on the manufacturing business activity index 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 prospects for its further development is assessed. The indicator is expected to correct from the current 50.2 points to 51.2 points, supporting the yuan.

03 Nov. 2023 09:30

Service PMI. UK, 10:30 (GMT+2)

At 10:30 (GMT+2), the October index of business activity in the UK services sector will be published. The indicator is based on a survey of supply managers at non-production enterprises in the country and assesses the respondents’ attitude to the current economic situation. The index is expected to remain at 49.2 points in October, and the composite index – at 48.6 points.

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