Employment change. EU, 11:00 (GMT+2) 14 Aug

14Aug.202410:00

Employment change. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the euro area will publish data on the employment change for the second quarter of 2024. This indicator records changes in the number of employed citizens and is a key indicator of the national labor market. It may stay at 1.0% YoY and fall from 0.3% to 0.2% QoQ, supporting the euro.

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14 Aug. 2024 07:00

Consumer price index. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), the UK July data on the consumer price index is due. It is the main indicator of inflation in the country and determines the change in retail prices for a certain basket of goods and services (food, transport, utilities, healthcare, etc.), and also has a significant impact on monetary policy decisions. It may adjust from 2.0% to 2.3% YoY and 0.1% MoM, while the core value may fall from 0.2% to 0.1% MoM and from 3.5% to 3.4% YoY.

14 Aug. 2024 10:00

Gross domestic product. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the EU will publish data on the gross domestic product (GDP) for the second quarter of 2024. It is the main indicator reflecting the state of the national economy and considers domestic consumption, investment, government spending, and exports. It may stay at 0.3% QoQ and increase from 0.4% to 0.6% YoY, supporting the euro.

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