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Trade balance. Germany, 08:00 (GMT+2) 07 Jun

07Jun.202407:00

Trade balance. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), Germany will publish April data on the trade balance. This indicator records the difference between the sum of payments for exported and imported goods. It may change from 22.3B euros to 25.5B euros, supporting the euro.

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Industrial production. Germany, 08:00 (GMT+2)
07 Jun. 2024 07:00
Industrial production. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), Germany will publish industrial production data for April, recording changes in the volume of goods and utilities output in the country. It considers the manufacturing and mining industries, as well as the electric power industry. It may correct from –0.4% to 0.1% MoM, supporting the euro.

Gross domestic product. EU, 11:00 (GMT+2)
07 Jun. 2024 10:00
Gross domestic product. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), data on the gross domestic product (GDP) of the EU countries for the first quarter of 2024 is due. It is the main indicator reflecting the state of the national economy and taking into account domestic consumption, investment, government spending, and exports. The indicator may increase from 0.0% to 0.3% QoQ and from 0.1% to 0.4% YoY, supporting the euro.

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