Consumer confidence. EU, 11:00 (GMT+2) 22 Aug

22Aug.202410:00

Consumer confidence. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the EU August consumer confidence index will be released, based on a survey of 2.300 households assessing the economic outlook. It is a leading indicator for consumer spending, with high readings indicating consumer optimism and vice versa. It may remain at –13.0.

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22 Aug. 2024 09:30

Manufacturing and Services PMI. United Kingdom, 10:30 (GMT+2)

At 10:30 (GMT+2), the July data on business activity indices in the manufacturing and services sectors of The United Kingdom is due. The indicators reflect the state of business activity in the national manufacturing industry and the services sector based on a survey of purchasing and supply managers of leading national enterprises. At the same time, their attitude to the current economic situation and prospects for further development is assessed. The manufacturing PMI may stay at 52.1 points, and the services PMI increase from 52.5 points to 52.7 points.

22 Aug. 2024 11:00

CBI industrial trends orders. UK, 12:00 (GMT+2)

At 12:00 (GMT+2), the UK will publish the August data on the industrial orders index from the Confederation of British Industry (CBI), based on a survey of representatives of leading British enterprises and is an important indicator of the state of business in the country. It may fall from –32.0 points to –23.0 points, putting pressure on the pound.

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