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IFO business climate. Germany, 10:00 (GMT+2) 26 Aug

26Aug.202409:00

IFO business climate. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), the August German business climate from the Institute for Economic Research (IFO) is due, based on a survey of managers of 7K enterprises in the manufacturing industry, construction sector, wholesale and retail trade. It may grow from 87.0 points, supporting the euro.

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Business expectations. Germany, 10:00 (GMT+2)
26 Aug. 2024 09:00
Business expectations. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), the August business expectations index in Germany is due, which measures business sentiment and business conditions in the country through a survey of representatives of 7.0K companies. The decline may continue from the current 89.0 points, putting pressure on the euro.

Durable goods orders. USA, 14:30 (GMT+2)
26 Aug. 2024 13:30
Durable goods orders. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), the US will publish July data on the volume of durable goods orders, whose service life is more than three years, a leading indicator of industrial activity. If the total volume of orders changes from –6.7%, and the baseline from 0.4% upward, it will support the dollar.

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