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

26Aug.202413:30

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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IFO business climate. Germany, 10:00 (GMT+2)
26 Aug. 2024 09:00
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.

Gfk Group Consumer Confidence Survey. Germany, 08:00 (GMT+2)
27 Aug. 2024 07:00
Gfk Group Consumer Confidence Survey. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), the data on GfK Group Consumer Confidence for September are due in Germany. The indicator measures the degree of confidence in the strength of the economy and is a leading indicator for consumer spending. If the negative dynamics continue from –18.4 points, this will put pressure on the euro's position.

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