Trade balance. Switzerland, 08:00 (GMT+2) 20 Jun

20Jun.202407:00

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

At 08:00 (GMT+2), the May data on the trade balance in Switzerland is due. This indicator records the difference between the amount of payments for exported and imported goods. It may decrease from 4.316B francs to 3.840B francs, putting pressure on the franc.

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20 Jun. 2024 07:00

Producer price index. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), Germany will publish the May producer price index, which is the main indicator of the inflation rate in the country, reflecting the monthly change in prices for goods and services provided by manufacturers, and has a significant impact on the decisions of regulators in the field of monetary policy. It may fall from 0.2% MoM and from –3.3% YoY, putting pressure on the euro.

20 Jun. 2024 08:30

Interest rate decision. Switzerland, 09:30 (GMT+2)

At 09:30 (GMT+2), the Swiss Central Bank will announce its decision on the interest rate. It is expected that the value will remain at 1.50%. The accompanying statement from the regulator may contain an assessment of the current situation and immediate prospects for the Swiss economy, as well as hints at further actions by officials around monetary policy.

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