Gfk Group Consumer Climate. Germany, 08:00 (GMT+2) 24 Jul

At 08:00 (GMT+2), the data on GfK Group consumer climate index for August are due in Germany. The indicator measures the degree of confidence in the strength of the economy and is a leading indicator for consumer spending. The negative momentum is expected to moderate from −29.2 points to −28.5 points, however, it will continue to act as a factor weighing on the euro.