Services PMI. Japan, 02:30 (GMT+2) 17 Sep

17Sep.202401:30

Services PMI. Japan, 02:30 (GMT+2)

At 02:30 (GMT+2), the Services PMI for July from the Japanese Ministry of Economy, Trade, and Industry will be published. The indicator reflects the total cost of services purchased by companies in key service industries (excluding manufacturing) and is a leading indicator of the Tankan PMI. In July, it is likely to grow from -1.3% to 0.8%.

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16 Sep. 2024 10:00

Trade balance. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), in July, the EU trade balance data is due. This indicator records the difference between payments for exported and imported goods. A correction from 22.3B euros to 13.3B euros may follow, putting pressure on the euro.

17 Sep. 2024 10:00

The Centre for European Economic Research (ZEW) Survey on Economic Sentiment. Germany, 11:00 (GMT+2)

September Economic Sentiment index from Centre for European Economic Research (ZEW) in Germany is due at 11:00 (GMT+2). The indicator reflects the difference between the shares of institutional investors and analysts who are optimistic and pessimistic. The index is expected to adjust from 19.2 points to 17.2 points, acting as a driver of the depreciation of the euro.

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