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Trade balance. EU, 11:00 (GMT+2) 14 Jun

14Jun.202410:00

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

At 11:00 (GMT+2), the EU will publish April trade balance data. This indicator records the difference between the sum of payments for exported and imported goods. A correction is expected from 24.1B euros to 15.7B euros, putting pressure on the euro.

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Service PMI. Japan, 06:30 (GMT+2)
14 Jun. 2024 05:30
Service PMI. Japan, 06:30 (GMT+2)

At 06:30 (GMT+2), Japan will publish the April service PMI from the national Ministry of Economy, Trade, and Industry. The indicator reflects the total cost of services purchased by companies in key service industries (excluding manufacturing) and is a leading indicator for the Tankan PMI. It may fall from 12.70 points to 0.40 points, putting pressure on the yen.

Manufacturing sales. Canada, 14:30 (GMT+2)
14 Jun. 2024 13:30
Manufacturing sales. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2), Canada will publish April data on manufacturing sales. It is a key indicator of the strength of national industry and, therefore, is a leading indicator of the country’s economic well-being. The value may increase from –2.1% to 1.3%, supporting the Canadian dollar.

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