GfK consumer climate. Germany, 09:00 (GMT+2) 27 Nov

27Nov.202408:00

GfK consumer climate. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), Germany will publish the December data on the GfK Group consumer climate index. The indicator assesses the degree of confidence in the strength of the economy and is a leading indicator of household spending. It may consolidate at –18.3 points, putting pressure on the euro.

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27 Nov. 2024 02:00

Interest rate decision. New Zealand, 03:00 (GMT+2)

At 03:00 (GMT+2), the Reserve Bank of New Zealand will announce its interest rate decision. The regulator is likely to cut the value from 4.75% to 4.25%, and in the accompanying statement and at the subsequent press conference, an assessment of the current situation and the near-term economic prospects in the context of geopolitical uncertainty, as well as hints at further actions of the financial authorities, will be announced.

27 Nov. 2024 10:00

ZEW economic expectations. Switzerland, 11:00 (GMT+2)

At 11:00 (GMT+2), the Swiss November ZEW economic expectations index is due. It records the difference between the share of institutional investors and analysts who are optimistic and pessimistic and is an important indicator of business conditions and the economic well-being of the country. It may fall from –7.7 points, putting pressure on the franc.

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