KOF leading indicators. Switzerland, 10:00 (GMT+2) 30 Jan

30Jan.202409:00

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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30 Jan. 2024 08:00

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.

30 Jan. 2024 10:00

Gross domestic product. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), Q4 data on Germany’s gross domestic product (GDP) will be presented. It is the main indicator reflecting the state of the national economy, which considers domestic consumption, investment, government spending, and exports. It is expected the negative dynamics would accelerate from −0.1% to −0.3% QoQ and slow down from −0.4% to −0.2% YoY, putting pressure on the euro.

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