Factory Orders. Germany, 09:00 (GMT+2) 08 Jan

08Jan.202508:00

Factory Orders. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), Germany will publish November data on the volume of durable and non-durable goods factory orders. A correction of the value from –1.5% to –0.3% is expected, which could support the euro exchange rate.

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08 Jan. 2025 01:30

Weighted Average Consumer Price Index. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2), the Reserve Bank of Australia (RBA) will release November data on the weighted average consumer price index, which provides an indication of the outlook for core inflation, measured by the median. The annual rate is likely to adjust from 2.10% to 2.20%, putting pressure on the Australian dollar.

08 Jan. 2025 08:00

Retail Sales. Germany, 09:00 (GMT+2)

German Retail Sales data for November is due at 09:00 (GMT+2). Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). On a monthly basis, it is likely to rise from –1.5% to 0.5%, which could have a positive impact on the euro's positions.

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