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Factory orders. Germany, 08:00 (GMT+2) 07 May

07May.202407:00

Factory orders. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), March data on the volume of industrial orders is due in Germany. This indicator records the number of orders for durable and non-durable goods. It may change from 0.2% to 0.4%, supporting the euro.

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Interest rate decision. Australia, 06:30 (GMT+2)
07 May. 2024 05:30
Interest rate decision. Australia, 06:30 (GMT+2)

At 06:30 (GMT+2), the Reserve Bank of Australia will announce its interest rate decision. Officials are likely to keep the value at the current level of 4.35%. The accompanying statement may contain an assessment of the country’s financial authorities regarding the current state of the economy against global geopolitical tensions.

Trade balance. Germany, 08:00 (GMT+2)
07 May. 2024 07:00
Trade balance. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), March trade balance data is due in Germany. This indicator records the difference between the payments for exported and imported goods. It may adjust from 21.4B euros to 22.4B euros, supporting the euro.

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