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Trade balance. Turkey, 09:00 (GMT+2) 30 May

30May.202408:00

Trade balance. Turkey, 09:00 (GMT+2)

At 09:00 (GMT+2) April data on the trade balance in Turkey is due. This indicator records the difference between the amount of payments for exported and imported goods. It may change from −7.34B liras to −9.90B liras, putting pressure on the lira.

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Gross domestic product. Switzerland, 09:00 (GMT+2)
30 May. 2024 08:00
Gross domestic product. Switzerland, 09:00 (GMT+2)

At 09:00 (GMT+2), Q1 data on Swiss gross domestic product (GDP) is due. It is the main indicator reflecting the state of the national economy. It considers domestic consumption, investment, government spending and exports. It may consolidate at 0.3% QoQ and increase from 0.6% to 0.7% YoY.

Consumer confidence. EU, 11:00 (GMT+2)
30 May. 2024 10:00
Consumer confidence. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), May data on the consumer confidence index in the EU countries is due, calculated based on a survey of 2.3K households assessing economic prospects. It is a leading indicator for consumer spending, with high readings indicating consumer optimism and vice versa. It may fall from −14.7 points to −14.3 points, putting pressure on the euro.

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