Industrial production. EU, 11:00 (GMT+2) 15 Jul

15Jul.202510:00

Industrial production. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), May data on industrial production in the EU countries is due, reflecting the change in the volume of output of goods and utilities and taking into account the manufacturing and mining industries, as well as the electric power industry. If it decreases from –2.4% MoM and from 0.8% YoY, this will put pressure on the euro.

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15 Jul. 2025 10:00

ZEW economic sentiment. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the July EU Business Sentiment Index from the ZEW Centre for European Economic Research is due. The indicator reflects the difference between the share of institutional investors and analysts who are optimistic and pessimistic. The index may rise from 47.5 points to 50.8 points, supporting the euro.

15 Jul. 2025 10:00

ZEW current conditions. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the July current economic conditions index for Germany from the Center for European Economic Research (ZEW) is due. The indicator reflects the prevailing sentiment among financial analysts in Germany, and the subject of the study is the most important indicators: inflation, interest rates, stock indices, exchange rates, and oil prices. The indicator is likely to slow its negative dynamics from –72.0 points to –66.0 points, which may still put pressure on the euro.

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