Sentix investor confidence. EU, 10:30 (GMT+2) 06 May

06May.202409:30

Sentix investor confidence. EU, 10:30 (GMT+2)

At 10:30 (GMT+2), the May EU Investor Confidence Index from Sentix is due. The indicator reflects investor confidence in the economic prospects of the region. It may accelerate the decline from −5.9 points, putting pressure on the euro and negatively affect the dynamics of the EU stock market.

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06 May. 2024 08:55

Service PMI. Germany, 09:55 (GMT+2)

At 09:55 (GMT+2), the April index of business activity in the German services sector is due, based on a survey of supply managers of non-production enterprises, and their attitude to the current economic situation and prospects for its further development is assessed. The April index may decrease from 53.3 points to 50.6 points, and the composite value – from 50.5 points to 48.6 points, putting pressure on the euro.

06 May. 2024 10:00

Producer price index. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), March data on the producer price index in the EU is due. The indicator reflects changes in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account). Increasing prices for producers contributes to the growth of consumer inflation in the region. A decrease of the indicator from –8.3% YoY and from –1.0% MoM will put pressure on the euro.

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