KOF leading indicators. Switzerland, 09:00 (GMT+2) 30 Jul

30Jul.202408:00

KOF leading indicators. Switzerland, 09:00 (GMT+2)

At 09:00 (GMT+2), the July Leading Economic Indicators Index from the Swiss Economic Institute (KOF) is due. It considers 12 indicators related to consumer confidence, production, new orders, and the housing market. It also reflects the outlook for developments over the next six months. It may change from 102.7 points to 102.6, putting pressure on the franc.

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30 Jul. 2024 02:30

Retail sales. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2), Australia will publish June data on retail sales, a key indicator of consumer spending that has a significant impact on the country’s gross domestic product (GDP). The indicator records the volume of all goods retailers sold MoM, based on a sample of stores of different types and sizes. It may fall from –0.4% MoM, putting pressure on the Australian currency.

30 Jul. 2024 09:00

Gross domestic product. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), Q2 data on Germany’s gross domestic product (GDP) is due. It is the main indicator reflecting the state of the national economy, which considers domestic consumption, investment, government spending, and exports. It may decrease from 0.2% to 0.1% QoQ and consolidate at –0.2% YoY, putting pressure on the euro.

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