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Trade balance. Switzerland, 08:00 (GMT+2) 18 Jul

18Jul.202407:00

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

At 08:00 (GMT+2), the June data on the trade balance in Switzerland is due. This indicator records the difference between the payments for exported and imported goods. It may fall from 5.811B francs to 5.050B francs, putting pressure on the franc.

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At 08:00 (GMT+2), the United Kingdom will publish June data on the change in the number of applications for unemployment benefits. The indicator determines the number of people who applied for financial assistance for the first time in the specified month. It may change from 50.4K to 23.4K, supporting the pound.

Interest rate decision. EU, 14:15 (GMT+2)
18 Jul. 2024 13:15
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At 14:15 (GMT+2), the European Central Bank (ECB) will hold a monetary policy meeting. The key rate may stay at 4.25%, and the deposit rate at 3.75%. The accompanying statement of the regulator may contain an assessment of the current situation and immediate prospects of the European economy, as well as hints at further actions of financial authorities in the field of monetary policy.

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