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IHS S&P global construction PMI. Germany, 10:30 (GMT+2) 07 Nov

07Nov.202409:30

IHS S&P global construction PMI. Germany, 10:30 (GMT+2)

At 10:30 (GMT+2), the October index from IHS Markit Ltd. is due in Germany, based on a survey of a group of purchasing managers from almost 150 construction companies in the country. It may grow from 41.7 points MoM, supporting the euro.

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Trade balance. Germany, 09:00 (GMT+2)
07 Nov. 2024 08:00
Trade balance. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), Germany will publish September data on the trade balance, an indicator that records the difference between payments for exported and imported goods. It may change from 22.5B euros to 24.3B euros, supporting the euro.

Retail sales. EU, 12:00 (GMT+2)
07 Nov. 2024 11:00
Retail sales. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), September data on retail sales in the EU is due. The indicator monthly records the total of all goods retail enterprises sold, based on outlet samples of different types and sizes. It is an important indicator of consumer spending, which has a significant impact on the region’s gross domestic product. It may fall from 0.2% MoM and 0.8% YoY, putting pressure on the euro.

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