Industrial production. Switzerland, 09:30 (GMT+2) 16 Feb

16Feb.202408:30

Industrial production. Switzerland, 09:30 (GMT+2)

At 09:30 (GMT+2), Swiss industrial production data will be published, which reflects the change in the output of industrial goods and utilities in the country, taking into account the manufacturing and mining industries, as well as the electricity sector. If the indicator continues its upward trend from the current 2.00% YoY, it will support the franc.

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16 Feb. 2024 08:00

Retail sales. UK, 09:00 (GMT+2)

At 09:00 (GMT+2), January retail sales data will be published in the UK. The indicator records the volume of all goods retailers sold based on samples of retail stores of different types and sizes. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). It is expected to adjust from –3.3% to 1.5% MoM and from –2.4% to 1.1% YoY, while the core figure is likely to adjust from –3.2% to 1.5% MoM and from −2.1% to 2.8 YoY, supporting the pound.

16 Feb. 2024 14:30

Building permits. USA, 15:30 (GMT+2)

At 15:30 (GMT+2), the US will publish January data on the number of building permits issued. The indicator records monthly changes in the number of applications registered by the American government for the construction of real estate and is one of the most important indicators of the sector. The value is expected to adjust from 1.493M to 1.520M, supporting the American dollar.

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