Construction Output. EU, 12:00 (GMT+2) 22 Jan

22Jan.202411:00

Construction Output. EU, 12:00 (GMT+2)

At 12:00 (GMT+2) data on Construction Output in the EU will be presented, which is one of the key indicators recording production (in monetary terms) and activity in the sector. If in November the indicator continues its negative trend from -0.97%, this will act as a catalyst for a decline in euro quotes.

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22 Jan. 2024 09:00

M3 Money Supply. Switzerland, 10:00 (GMT+2)

At 10:00 (GMT+2), December data on the M3 Money Supply in Switzerland will be published. It calculates all currency in circulation, bank deposits, repurchase agreements, and the value of money market shares. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rate. If on a monthly basis the figure increases from the current 1.132,5 billion francs, this will become a catalyst for the upward dynamics of the Swiss national currency.

23 Jan. 2024 01:30

National Australia Bank (NAB) business confidence. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2), the December business confidence index from the National Australia Bank (NAB) will be published in Australia. The indicator is based on a survey of representatives of 350 companies and assesses current business sentiment. If the index continues its negative trend from –9.0 points, it may put pressure on the Australian dollar.

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