Retail Sales. Switzerland, 08:30 (GMT+2) 29 Jul

29Jul.202407:30

Retail Sales. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), data on retail sales will be presented in Switzerland. Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). If the figure rises from 0.4%, it could support the Swiss currency.

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29 Jul. 2024 07:00

Retail Sales. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), May data on retail sales will be published in Germany. Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). On a monthly basis, it is likely to rise from –1.2% to 0.0%, which could have a positive impact on the euro's positions.

29 Jul. 2024 09:30

M3 Money Supply. UK, 10:30 (GMT+2)

At 10:30 (GMT+2), June data on the M3 Money Supply will be published in the UK. The indicator measures the value of all foreign exchange and liquid monetary assets in use by the population and is an important indicator of inflation in the country, the growth of which can lead to an increase in the interest rate by the Bank of England. If the figure rises from 3040.6 billion, it will support the pound exchange rate.

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