ZEW economic sentiment. EU, 11:00 (GMT+2) 14 May

14May.202410:00

ZEW economic sentiment. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the May sentiment index in EU business circles from the Center for European Economic Research (ZEW) is due. The indicator reflects the difference between the share of institutional investors and analysts who are optimistic and pessimistic. The index may rise from 42.9 points to 44.9 points, supporting the euro.

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14 May. 2024 10:00

ZEW economic conditions. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the May index of current economic conditions in Germany from the Center for European Economic Research (ZEW) is due. 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 −79.2 points, putting pressure on the euro.

14 May. 2024 13:30

Producer price index. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), April data on the US producer price index 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. It may change from 0.2% to 0.3% MoM and from 2.1% to 2.2% YoY, while the core rate will drop from 2.4% to 2.3% YoY and consolidate at 0.2% MoM.

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