Trade Balance. EU, 12:00 (GMT+2) 17 Dec

17Dec.202411:00

Trade Balance. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), data on the Eurozone trade balance for October will be published. This indicator captures the difference between the amount of payments for exported and imported goods. A correction is expected from 12.5 billion euros to 11.9 billion euros, which may push the quotes of the European currency down.

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17 Dec. 2024 11:00

The Centre for European Economic Research (ZEW) Survey on Economic Sentiment. Germany, 12:00 (GMT+2)

At 12:00 (GMT+2), the December Economic Sentiment index for Germany from the Centre for European Economic Research (ZEW) will be published. 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 7.6 points to 6.4 points, acting as a driver of the depreciation of the euro.

17 Dec. 2024 11:00

The Centre for European Economic Research (ZEW) Survey on Economic Sentiment. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), the December Economic Sentiment index for the EU from the Centre for European Economic Research (ZEW) will be published. The indicator reflects the difference between the shares of institutional investors and analysts who are optimistic and pessimistic. The index is expected to decline from the current 12.5 points to 11.8 points, putting pressure on the euro's position.

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