NZIER business confidence. New Zealand, 00:00 (GMT+2) 02 Jul

02Jul.202400:00

NZIER business confidence. New Zealand, 00:00 (GMT+2)

At 00:00 (GMT+2), the NZIER Q2 business confidence index is due, based on a survey of representatives of about 1.5K national companies, assessing the economic situation in the short term. It may fall from –25.0%, putting pressure on the New Zealand dollar.

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01 Jul. 2024 20:00

Speech by ECB President Christine Lagarde. EU, 21:00 (GMT+2)

At 21:00 (GMT+2), the President of the European Central Bank (ECB) Christine Lagarde will speak. Investors are watching the rhetoric of the regulator’s representatives with interest, trying to get hints about the further development prospects of the EU economy in the context of inflationary pressure.

02 Jul. 2024 10:00

EU Consumer Price Index, 11:00 (GMT+2)

At 11:00 (GMT+2), the June data on the consumer price index of the EU countries is due. It is the main indicator of the inflation rate, determining the change in retail prices for a certain basket of goods and services: food, transport, utilities, health care, etc. has a significant impact on the financial regulator’s decision in monetary policy. It may consolidate at 0.2% MoM, and decrease from 2.6% to 2.5% YoY, while the core value may remain at 0.4% MoM and change from 2.9% to 2.8% YoY.

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