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Industrial production. Switzerland, 08:30 (GMT+2) 16 Aug

16Aug.202407:30

Industrial production. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), Swiss Q2 data on industrial production is due, which reflects the change in the volume of industrial production and utilities in the country, taking into account the manufacturing and mining industries, as well as the electric power industry. It may fall from –3.10% YoY, putting pressure on the franc.

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Retail sales. UK, 08:00 (GMT+2)
16 Aug. 2024 07:00
Retail sales. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), the UK will publish data on retail sales for July. The indicator records the volume of all goods retailers sold MoM based on a sample of stores of different types and sizes. It is an important indicator of consumer spending, which has a significant impact on gross domestic product (GDP). It may change from –1.2% to 0.6% MoM and from –0.2% to 0.2% YoY.

Trade balance. EU, 11:00 (GMT+2)
16 Aug. 2024 10:00
Trade balance. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the EU will publish June data on the trade balance. This indicator records the difference between the payments for exported and imported goods. It may change from 13.9B euros to 14.5B euros, supporting the euro.

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