Trade balance. Switzerland, 09:00 (GMT+2) 20 Feb

20Feb.202408:00

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

At 09:00 (GMT+2), January data on the trade balance in Switzerland will be published. This indicator records the difference between the payments for exported and imported goods. The indicator is predicted to increase from 1.248B francs to 2.350B francs, supporting the franc.

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20 Feb. 2024 02:15

Interest rate decision. China, 03:15 (GMT+2)

At 03:15 (GMT+2), a decision on the core lending rate will be announced in China. Currently, the indicator is calculated by the National Interbank Finance Center (NIFC) and serves as a guide for financial institutions when calculating the lending percentage and is based on rates with two loan repayment terms: one year and over five years. If officials lower the rate again from the current 3.45%, putting pressure on the yuan.

20 Feb. 2024 14:30

Consumer price index. Canada, 15:30 (GMT+2)

At 15:30 (GMT+2) in Canada, January data on the consumer price index will be published, which is the main indicator of inflation in the country, reflecting changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, healthcare, and so on, and also significantly influences the decisions of regulators in the field of monetary policy. It is expected that the figure will adjust from −0.3% to 0.4% MoM and consolidate at 3.4% YoY.

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