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Trade balance. China, 05:00 (GMT+2) 07 Mar

07Mar.202404:00

Trade balance. China, 05:00 (GMT+2)

At 05:00 (GMT+2), China will publish February trade balance data. This indicator records the difference between the payments for exported and imported goods. The indicator is predicted to increase from 75.34B American dollars to 110.30B American dollars, supporting the yuan.

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Trade balance. Australia, 02:30 (GMT+2)
07 Mar. 2024 01:30
Trade balance. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2), Australia will publish data on the trade balance – an indicator that records the difference between the amount of payments for exported and imported goods. The balance sheet surplus is expected to grow from 10.959B Australian dollars to 11.500B Australian dollars, supporting the Australian dollar.

Factory orders. Germany, 09:00 (GMT+2)
07 Mar. 2024 08:00
Factory orders. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), January data on the volume of production orders will be published in Germany. This indicator records the number of orders for durable and non-durable goods. The value is expected to correct from 8.9% to −6.0%. The implementation of the forecast may put pressure on the euro.

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