Trade Balance. EU, 12:00 (GMT+2) 16 Jan

16Jan.202511:00

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

At 12:00 (GMT+2), data on the Eurozone trade balance for November will be published. This indicator captures the difference between the amount of payments for exported and imported goods. A correction from 6.8 billion euros to 7.2 billion euros is expected, which may push the quotes of the European currency to rise.

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16 Jan. 2025 08:00

Gross Domestic Product. UK, 09:00 (GMT+2)

At 09:00 (GMT+2), November data on the gross domestic product (GDP) of the United Kingdom will be published. This is the main indicator reflecting the state of the national economy, taking into account domestic consumption, investment, government spending, and exports. The indicator is likely to continue its negative dynamics from –0.1% to 0.2% MoM and from 1.3% to 1.6% YoY, acting as a driver of the upward dynamics of the pound.

16 Jan. 2025 14:30

Initial Jobless Claims. USA, 15:30 (GMT+2)

At 15:30 (GMT+2), data on Initial Jobless Claims in the USA will be released. Statistics are collected by the National Ministry of Labor, published in a weekly report and used to measure the state of the employment sector. The value is likely to rise from 201.0 thousand to 210.0 thousand, putting pressure on the position of the US currency.

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