GfK consumer climate. Germany, 08:00 (GMT+2) 29 May

29May.202407:00

GfK consumer climate. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), June data on the consumer climate index from GfK Group is due in Germany. The indicator assesses the degree of confidence in the strength of the economy and is a leading indicator of household spending. The negative dynamics are expected to slow down from −24.2 points to −22.5 points, putting pressure on the euro.

Start Trading

Cannot read us every day? Get the most popular posts to your email.

What should I read next?

29 May. 2024 06:00

Household confidence. Japan, 07:00 (GMT+2)

At 07:00 (GMT+2), the May Household Confidence Index is due in Japan. The indicator, which is calculated by assessing a survey of about 5.0K respondents, predicts consumer spending that is part of economic activity in the reporting month. It is expected that the May index will rise from 38.3 points to 38.9 points, supporting the yen.

29 May. 2024 09:00

ZEW economic expectations. Switzerland, 10:00 (GMT+2)

At 10:00 (GMT+2), the May Index of Swiss Economic Expectations from the Center for European Economic Research (ZEW) is due, recording the difference between the proportion of institutional investors and analysts who are optimistic and pessimistic, and is an important indicator of business and economic conditions and well-being of the country. If the indicator continues its upward trend from the current 17.6 points, this may support the franc exchange rate.

What’s next?

I’d like to test my new skills on a demo account without registration

Show me currency charts and real time price moves

I’d like to copy professional traders’ transactions onto my account

I'm ready to open a trading account and make money from Forex

Facebook
X
Instagram
LinkedIn
Youtube
Telegram
MQL5

Live Chat