Current account. EU, 10:00 (GMT+2) 20 Jan

20Jan.202609:00

Current account. EU, 10:00 (GMT+2)

At 10:00 (GMT+2), November data on the EU current account balance will be released — an indicator that measures the difference between the value of exported and imported goods. It can decline from 25.7B euro to 19.6B euro, acting as a catalyst for the weakening of the single currency.

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20 Jan. 2026 08:30

Producer price index. Switzerland, 09:30 (GMT+2)

At 09:30 (GMT+2), December data on the Swiss producer price index will be released. This index tracks changes in the cost of goods, components, and raw materials in the wholesale market and is one of the most important indicators of inflation. If the indicator rises from –0.5% MoM and –1.6% YoY, this will drive the upward trend in the franc.

20 Jan. 2026 10:00

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

At 11:00 (GMT+2), the January index of current economic conditions in Germany from the Centre for European Economic Research (ZEW) is due, assessing the mood among financial analysts. The study focuses on the most important indicators: inflation, interest rates, stock indices, exchange rates and oil prices. If the indicator slows down its negative dynamics from −81.0 points, it may still put pressure on the euro.

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