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Trade balance. EU, 11:00 (GMT+2) 16 Apr

16Apr.202410:00

Trade balance. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the EU will publish February trade balance data, recording the difference between payments for exported and imported goods. It may increase from 11.4B euros, supporting the euro.

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ZEW economic conditions. Germany, 11:00 (GMT+2)
16 Apr. 2024 10:00
ZEW economic conditions. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the April index of current economic conditions in Germany from the Center for European Economic Research (ZEW) will be published. The indicator reflects the prevailing sentiment among financial analysts in Germany, and the subject of the study is the most important indicators: inflation, interest rates, stock indices, exchange rates, and oil prices. It may continue its negative trend from −80.5 points to −82.0 points, putting pressure on the euro.

ZEW economic sentiment. EU, 11:00 (GMT+2)
16 Apr. 2024 10:00
ZEW economic sentiment. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the April EU business sentiment index from the Center for European Economic Research (ZEW) will be published. The indicator reflects the difference between the share of institutional investors and analysts who are optimistic and pessimistic. It may rise from 33.5 points to 37.2 points, supporting the euro.

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