Trade balance. UK, 08:00 (GMT+2) 12 Apr

12Apr.202407:00

Trade balance. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), the UK will publish February trade balance data. It reflects the difference between the amount of payments for exported and imported goods. A local slowdown in negative dynamics from the current value of –14.52B pounds to –14.50B pounds is predicted, putting pressure on the pound.

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12 Apr. 2024 07:00

Consumer price index. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), March data on the consumer price index in Germany will be published – a key indicator of inflation in the country, which reflects changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, healthcare, and so on, and has a significant impact on the decisions of regulators in the field of monetary policy. It is expected to remain at 0.4% MoM and to fall from 2.5% to 2.2% YoY, while the harmonized monthly rate may remain at 0.6% MoM and adjust from 2.7% to 2.3% YoY.

12 Apr. 2024 08:00

Gross domestic product. UK, 09:00 (GMT+2)

At 09:00 (GMT+2), February data on the UK’s gross domestic product (GDP) will be published – the main indicator reflecting the state of the national economy, taking into account domestic consumption, investment, government spending, and exports. It is expected that it will decrease from 0.2% to 0.1% MoM and consolidate at –0.3% YoY.

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