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Trade balance. Germany, 09:00 (GMT+2) 08 Jan

08Jan.202408:00

Trade balance. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), November trade balance data will be published in Germany. This indicator records the difference between the payments for exported and imported goods. In November, the figure may adjust from 17.8B euros to 17.1B euros, putting pressure on the euro.

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Factory orders. Germany, 09:00 (GMT+2)
08 Jan. 2024 08:00
Factory orders. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), November data on the volume of industrial orders will be published in Germany. This indicator records the number of orders for durable and non-durable goods. The value is expected to correct from −3.7% to 0.2%, supporting the euro.

Consumer price index. Switzerland, 09:30 (GMT+2)
08 Jan. 2024 08:30
Consumer price index. Switzerland, 09:30 (GMT+2)

At 09:30 (GMT+2), December data on the consumer price index will be presented in Switzerland. It is the main indicator of inflation in the country and reflects changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, and healthcare. The index has a significant influence on the decisions of the Swiss National Bank on monetary policy. It may change from 1.4% to 1.7% YoY and from –0.2% to –0.1% MoM.

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