GfK consumer climate. Germany, 09:00 (GMT+2) 29 Jan

29Jan.202508:00

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

At 09:00 (GMT+2), Germany will publish the February data on the consumer climate index from GfK Group. The indicator assesses the degree of confidence in the strength of the economy and is a leading indicator of household spending. It may change from –21.3 points to –20.5 points, putting pressure on the euro.

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29 Jan. 2025 06:00

Household confidence index. Japan, 07:00 (GMT+2)

At 07:00 (GMT+2), Japan will publish the January Household Confidence Index. The indicator, which is calculated by assessing a survey of about 5.0K respondents, predicts consumer spending, which is part of economic activity in the reporting month. It may change from 36.2 points to 36.5 points, supporting the yen.

29 Jan. 2025 10:00

M3 money supply. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the December data on the M3 money supply in the euro area is due. The indicator measures the value of all foreign exchange and liquid monetary assets in the hands of the population and is an important indicator of inflation in the country, the growth of which can lead to an increase in interest rates by financial regulators. The value may remain at 3.8% YoY.

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