KOF Leading Indicators index. Switzerland, 09:00 (GMT+2) 30 Sep

30Sep.202408:00

KOF Leading Indicators index. Switzerland, 09:00 (GMT+2)

At 09:00 (GMT+2), Switzerland will publish the September index of Leading Economic Indicators from KOF, which takes into account 12 indicators of the national economy related to consumer confidence, manufacturing, new orders and the real estate market, and reflects the development outlook for the next six months. If it rises from 101.6 points, this may support the franc exchange rate.

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30 Sep. 2024 07:00

Gross Domestic Product. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), data on the UK gross domestic product (GDP) for the first quarter of 2024 will be presented. It is the main indicator reflecting the state of the national economy, which takes into account domestic consumption, investment, government spending, and exports. If the indicator grows from 0.6% QoQ and from 0.9% YoY, this will become a catalyst for the upward dynamics of the pound.

30 Sep. 2024 13:00

Consumer Price Index. Germany, 14:00 (GMT+2)

At 14:00 (GMT+2), German data on the consumer price index for September will be published — the main indicator of the inflation rate in the country, which reflects the change in retail prices for a certain "basket" of goods and services: food, transport, utilities, healthcare, and so on, and has a significant impact on decisions of regulators in the field of monetary policy. If the indicator continues to show negative dynamics from -0.2% MoM and from 2.6% YoY, this will put pressure on the euro's position.

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