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

14Jun.202413:30

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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Trade balance. EU, 11:00 (GMT+2)
14 Jun. 2024 10:00
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.

Michigan consumer sentiment. USA, 16:00 (GMT+2)
14 Jun. 2024 15:00
Michigan consumer sentiment. USA, 16:00 (GMT+2)

At 16:00 (GMT+2), the June data on the change in the consumer confidence index from the University of Michigan is due in the USA. The indicator is calculated monthly based on a telephone survey of at least 500 American households and records consumer spending, which is part of economic activity. The value may grow from 69.1 points to 73.0 points, supporting the American dollar.

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