Gross Domestic Product. Germany, 09:00 (GMT+2) 25 Feb

25Feb.202508:00

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

At 09:00 (GMT+2), data on German gross domestic product (GDP) for the fourth quarter of 2024 will be presented. It is the main indicator reflecting the state of the national economy, which takes into account domestic consumption, investment, government spending, and exports. If the value continues to show negative dynamics from −0.2% both QoQ and YoY, this may put pressure on the euro's position.

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24 Feb. 2025 11:00

Consumer price index. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), the January data on the consumer price index of the EU countries is due – a key indicator of the inflation rate, determining the change in retail prices for a certain basket of goods and services: food, transport, utilities, healthcare, etc. If it rises from 0.4% MoM, from 2.5% YoY, and the core monthly value from –0.1% and the year’s value from 2.7%, it may significantly affect the European Central Bank’s (ECB) monetary policy decision.

25 Feb. 2025 16:00

Conference Board Consumer Confidence. USA, 17:00 (GMT+2)

At 17:00 (GMT+2), February Consumer Confidence index by Conference Board will be released in the USA. It is based on a survey of 5.0 thousand American households and takes into account their vision of the current and future economic situation. This is a leading indicator that predicts consumer spending that is part of economic activity. A decline from 104.1 points to 103.3 points is forecast, which may put pressure on the position of the US dollar.

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