Business expectations. Germany, 11:00 (GMT+2) 23 Feb

23Feb.202410:00

Business expectations. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the February index of business expectations in Germany will be published, which measures business sentiment and business conditions in the country through a survey of representatives of 7.0K companies. An increase is predicted from the current 83.5 points to 83.8 points, supporting the euro.

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23 Feb. 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 that the negative dynamics will accelerate from −0.1% to −0.3% QoQ and slow from −0.4% to −0.2% YoY, putting pressure on the euro.

23 Feb. 2024 10:00

IFO business climate. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the February index of the German business climate from the Institute for Economic Research (IFO), based on a survey of managers of 7.0K enterprises in the manufacturing industry, construction sector, wholesale and retail trade, will be published. The value is expected to increase from 85.2 points to 85.5 points, supporting the euro.

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