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GfK Consumer Climate. Germany, 09:00 (GMT+2) 27 Nov

27Nov.202508:00

GfK Consumer Climate. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), Germany will release December data on the GfK Group’s consumer climate index, an indicator that measures confidence in the strength of the economy and is a leading indicator of household spending. The negative trend is likely to continue from –24.1 points to –23.4 points, putting pressure on the euro.

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Trade Balance. Turkey, 09:00 (GMT+2)
27 Nov. 2025 08:00
Trade Balance. Turkey, 09:00 (GMT+2)

At 09:00 (GMT+2), October data on Turkey’s trade balance will be released, recording the difference between the sum of payments for exported and imported goods. If the indicator continues its downward trend from −6.90B lira, this could affect the national currency negatively.

M3 Money Supply. EU, 11:00 (GMT+2)
27 Nov. 2025 10:00
M3 Money Supply. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), October data on the M3 money supply in the EU will be released. This indicator measures the value of all currency and liquid monetary assets at disposal and is an important indicator of inflation in the country, whose growth could lead to a change in interest rates by the European Central Bank (ECB). It can be around 2.8% YoY.

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