Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of January 15 - 19:
We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:
We can select which economies to focus on:
Inflation in Japan has shown signs of easing, and traders are now watching closely if this could help take some pressure off the Bank of Japan to exit years of ultra-loose monetary policy.
According to Trading Central's "Economic Insight", Japan’s Core Inflation Rate (due Friday, January 19) is expected to slow further to 2.3% on year in December from 2.5% in November.
In the past 12 Japan Inflation Reports, USD/JPY rose in 58% of times (7 out of 12 events) within one hour from the report’s release, marking a trading range of 21.67 pips on average.
Other key economic data include:
Monday (January 15)
U.S. Markets closed for Martin Luther King Jr. Day Holiday
Germany Full-Year GDP (2023) expected to decline 0.3% on year
Eurozone Industrial Production (NOV) may grow 0.6% on month
Canada Central Bank to release Business Outlook Survey Report
Tuesday (January 16)
Japan Producer Price Growth (DEC) expected to slow to 0.1% on year
Australia Westpac Consumer Confidence Index (JAN) to rise to 82.5
U.K. Unemployment Rate (NOV) to tick up to 4.3%
Germany ZEW Economic Sentiment Index (JAN) to rise to 15
U.S. New York State Manufacturing Index (JAN) may improve to -9.0
Canada Inflation Rate (DEC) to slow to 2.8% on year
Wednesday (January 17)
China GDP Growth (4Q) expected to rise to 5.3% on year
China Industrial Production (DEC) to grow 6.3% on year
China Retail Sales (DEC) to increase 11.0% on year
U.K., Inflation Rate (DEC) expected to fall to 3.7% on year
U.S. Retail Sales (DEC) may add 0.3% on month
U.S. Industrial Production (DEC) to decline 0.1% on month
Canada Producer Price Growth (DEC) may rise to 1.4% on year
Thursday (January 18)
Japan Machinery Orders (NOV) expected to increase 0.5% on month
Australia Unemployment Rate (DEC) to stay at 3.9%
U.K. RICS House Price Balance (DEC) to fall to -41%
U.S. Initial Jobless Claims (JAN/13) to tick up to 205,000
U.S. Housing Starts (DEC) could drop 8.3% on month
U.S. Building Permits (DEC) may increase 0.9% on month
U.S. Philadelphia Fed Manufacturing Index (JAN) to improve to -5.0
Friday (January 19)
Japan Core Inflation Rate (DEC) expected to slow to 2.3% on year
Japan Inflation Rate (DEC) to slow to 2.6% on year
U.K., Retail Sales (DEC) to grow 0.4% on month
Germany Producer Prices (DEC) to fall 7.8% on year
Canada Retail Sales (NOV) to climb 0.2% on month
U.S. Existing Home Sales (DEC) may add 0.3% on month
U.S. University of Michigan Consumer Sentiment Index (JAN) may tick down to 69.0
Happy Trading!
Source: Trading Central Economic Insight
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