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Retail Sales. New Zealand, 23:45 (GMT+2) 25 Nov

25Nov.202422:45

Retail Sales. New Zealand, 23:45 (GMT+2)

At 23:45 (GMT+2), New Zealand will publish Q3 retail sales data. It is an indicator that records all goods retailers sold MoM, based on samples of stores of different types and sizes. It is an important indicator of consumer spending, which has a significant impact on gross domestic product (GDP). It may change from –1.2% to –1.0%, putting pressure on the New Zealand dollar.

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IFO business climate. Germany, 11:00 (GMT+2)
25 Nov. 2024 10:00
IFO business climate. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the German Ifo business climate index for November is due, based on a survey of 7.0K managers in the manufacturing, construction, wholesale, and retail sectors. It may grow from 86.5 points, supporting the euro.

CBI retail sales change. UK, 13:00 (GMT+2)
26 Nov. 2024 12:00
CBI retail sales change. UK, 13:00 (GMT+2)

At 13:00 (GMT+2), the November CBI retail sales change index will be released. It is the main indicator of consumer spending, representing the difference between the percentage of retailers reporting an increase in sales and those reporting a decrease. It may fall from –6.0 points to –9.0 points, putting pressure on the pound.

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