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Trade balance. China, 19:13 (GMT+2) 10 Sep

10Sep.202418:13

Trade balance. China, 19:13 (GMT+2)

At 19:13 (GMT+2), China will publish August data on the trade balance. This indicator records the difference between the payments for exported and imported goods. It may fall from 84.65B dollars to 82.10B dollars, putting pressure on the yuan.

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NFIB business optimism. USA, 12:00 (GMT+2)
10 Sep. 2024 11:00
NFIB business optimism. USA, 12:00 (GMT+2)

At 12:00 (GMT+2), the National Federation of Independent Business (NFIB) Business Optimism Index for August is due. It measures economic trends and is derived from ten components, such as hiring, inflation, and capital expenditure statistics. It may change from 93.7 points to 93.6 points may follow, putting pressure on the American dollar.

API weekly crude oil stocks. USA, 22:30 (GMT+2)
10 Sep. 2024 21:30
API weekly crude oil stocks. USA, 22:30 (GMT+2)

At 22:30 (GMT+2), the weekly report on oil reserves, gasoline, and distillate volumes from the American Petroleum Institute (API) is due. The last time the statistics recorded a correction to –7.400M barrels from –3.400M barrels of crude oil, and the continuation of this trend may support oil prices.

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