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Gross domestic product. EU, 11:00 (GMT+2) 06 Sep

06Sep.202410:00

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

At 11:00 (GMT+2), data on the Q2 EU gross domestic product (GDP) is due, the main indicator reflecting the state of the national economy and taking into account domestic consumption, investment, government spending, and exports. It may stay at 0.3% QoQ and grow from 0.4% to 0.6% YoY, supporting the euro.

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SECO consumer confidence. Switzerland, 09:00 (GMT+2)
06 Sep. 2024 08:00
SECO consumer confidence. Switzerland, 09:00 (GMT+2)

At 09:00 (GMT+2), the Q3 consumer confidence index from the Swiss State Secretariat for Economic Affairs (SECO) is due, assessing the spending of households that are part of economic activity. It may fall from –19.0 points to –33.0 points, putting pressure on the franc.

Employment change. EU, 11:00 (GMT+2)
06 Sep. 2024 10:00
Employment change. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the euro area will publish data on the change in the employment rate 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 fall from 1.0% to 0.8% YoY and from 0.3% to 0.2% QoQ, putting pressure on the euro.

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