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SECO consumer confidence. Switzerland, 09:00 (GMT+2) 13 May

13May.202408:00

SECO consumer confidence. Switzerland, 09:00 (GMT+2)

At 09:00 (GMT+2), the Swiss State Secretariat for Economic Affairs (SECO) Q2 consumer confidence index is due, assessing household spending as part of economic activity. The index may continue its negative trend from –26.0 points, putting pressure on the franc.

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NAB business confidence. Australia, 03:30 (GMT+2)
13 May. 2024 02:30
NAB business confidence. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2), Australia will publish the April business confidence index from the National Australia Bank (NAB), based on a survey of representatives of 350 companies and assessing current business sentiment. The indicator may grow from 1.0 points, supporting the Australian dollar.

Retail sales. Turkey, 09:00 (GMT+2)
13 May. 2024 08:00
Retail sales. Turkey, 09:00 (GMT+2)

At 09:00 (GMT+2), data on retail sales is due in Turkey. The indicator records the monthly quantity of all goods retailers sold, based on samples of retail stores of different types and sizes. It is an important indicator of consumer spending and is also linked to the Consumer Confidence Index. It may grow from 3.5% MoM and from 25.1% YoY, supporting the lira.

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