Trade balance. Switzerland, 09:00 (GMT+2) 30 Jan

30Jan.202408:00

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

At 09:00 (GMT+2), December data on the trade balance in Switzerland will be published. This indicator records the difference between the amount of payments for exported and imported goods. The figure is predicted to decline from the current 3.707B francs to 2.550B francs, putting pressure on the franc.

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30 Jan. 2024 01:30

Retail sales. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2) in Australia, December data on retail sales will be published – a key indicator of consumer spending, which has a significant impact on the country’s gross domestic product (GDP). The indicator records the monthly volume of all goods retailers sold, based on samples of stores of different types and sizes. A correction in the value is expected from 2.0% to −1.9% MoM, putting pressure on the Australian currency.

30 Jan. 2024 09:00

KOF leading indicators. Switzerland, 10:00 (GMT+2)

At 10:00 (GMT+2), the January index of leading economic indicators from the Swiss Economic Institute (KOF) will be published, which considers 12 indicators related to consumer confidence, production, new orders, and the real estate market, and also reflects the development outlook for the next six months. A correction is predicted from 97.8 points to 97.0 points, putting pressure on the franc.

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