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Trade balance. EU, 11:00 (GMT+2) 21 May

21May.202410:00

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

At 11:00 (GMT+2), the EU will publish March trade balance data. This indicator records the difference between the payments for exported and imported goods. A correction is expected from 23.6B euros to 19.9B euros. A decrease in the indicator may put pressure on the European currency.

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Speech by ECB President Christine Lagarde. EU, 10:00 (GMT+2)
21 May. 2024 09:00
Speech by ECB President Christine Lagarde. EU, 10:00 (GMT+2)

At 10:00 (GMT+2), the Chairman of the European Central Bank (ECB) Christine Lagarde will speak. Investors are following the rhetoric of regulator representatives, trying to get hints about the prospects for the EU economy in conditions of inflationary pressure.

CBI factory orders. UK, 12:00 (GMT+2)
21 May. 2024 11:00
CBI factory orders. UK, 12:00 (GMT+2)

At 12:00 (GMT+2) in the UK, May data on the index of industrial orders from the Confederation of British Industry (CBI) is due, based on a survey of representatives of leading British enterprises and is an important indicator of the state of business in the country. The index may fall from −23.0 points to −20.0 points, putting pressure on the pound.

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