Ifo Business Climate Index. Germany, 11:00 (GMT+2) 18 Dec

18Dec.202310:00

Ifo Business Climate Index. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the December Ifo Business Climate Index for Germany from the Institute for Economic Research will be published, based on a survey of the CEOs of 7.0K enterprises in the manufacturing industry, the construction sector, wholesale and retail trade. The value is expected to increase from 87.3 points to 87.5 points, which, in turn, may have a positive impact on EUR.

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18 Dec. 2023 10:00

Business Expectations Index. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the December Business Expectations Index for Germany will be released, which measures business sentiment and business conditions in the country through a survey of representatives of 7.0K companies. Growth is projected from the current 85.2 points to 85.7 points, which, in turn, may support the quotes of the European currency.

18 Dec. 2023 22:45

Trade Balance. New Zealand, 23:45 (GMT+2)

At 23:45 (GMT+2), New Zealand will publish November data on the trade balance, an indicator that captures the difference between the amount of payments for exported and imported goods. If the negative dynamics continues from the current -1.709 million New Zealand dollars MoM and from -14.810 million New Zealand dollars YoY, this may put pressure on the quotes of the national currency.

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