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Trade Balance. Switzerland, 08:00 (GMT+2) 02 Jun

02Jun.202607:00

Trade Balance. Switzerland, 08:00 (GMT+2)

At 08:00 (GMT+2) Switzerland will publish April data on the trade balance — an indicator that records the difference between the amount of payments for exported and imported goods. If the growth continues from the current 3.177B francs, this may support the quotes of the national currency.

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Current Account. Australia, 03:30 (GMT+2)
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At 03:30 (GMT+2), Australia will release data on its current account balance for for Q1, an indicator that measures the difference between the amount of goods exported and imported. A correction is expected from −21.1B Australian dollars to −22.8B Australian dollars, which may act as a catalyst for a decline in the Australian dollar.

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At 03:30 (GMT+2), April data on the number of building permits issued monthly by the government for the construction of real estate, which is one of the most important market indicators, is due. The indicator is expected to be adjusted from −10.5% to −1.5% MoM.

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