Trade balance. USA, 15:30 (GMT+2) 06 Mar

06Mar.202514:30

Trade balance. USA, 15:30 (GMT+2)

At 15:30 (GMT+2), the January data on the US trade balance is due. This indicator records the difference between the payments for exported and imported goods, its increase is a positive factor for the national currency. The deficit may slow from –98.40B dollars to –93.10B dollars, putting pressure on the American dollar.

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06 Mar. 2025 14:30

Trade balance. Canada, 15:30 (GMT+2)

At 15:30 (GMT+2), the January data on the trade balance is due in Canada. This indicator records the difference between the payments for exported and imported goods, its increase is a positive factor for the national currency. It may change from 0.71B Canadian dollars to 1.40B Canadian dollars, supporting the national currency.

06 Mar. 2025 14:15

Interest rate decision. EU, 15:15 (GMT+2)

At 15:15 (GMT+2), the European Central Bank (ECB) will hold a monetary policy meeting. The key, deposit, and marginal interest rates are likely to be reduced by 25 basis points to 2.50%, 2.65%, and 2.90%, respectively. The accompanying statement of the regulator may contain an assessment of the current situation and immediate prospects of the European economy, as well as hints at further actions of financial authorities in the field of monetary policy.

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