Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of November 18-22:
We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:
We can select which major economies to focus on:
The Bank of Japan (BOJ) last raised interest rates at the end of July, surprising the market and facing criticism for fanning an August stock market rout.
Investors are seeing if the BOJ would drop its hawkish tone on interest rates in case of slowing economic growth as well as inflation.
Last week, Japan’s data showed that gross domestic product growth slowed to an annualized rate of 0.9% over the third quarter from 2.2% in the prior quarter.
Major Japan inflation data will be released on Friday (November 22).
According to Trading Central's "Economic Insight", Japan’s Core Inflation Rate is expected to slow further to 2.2% year on year in October (vs 2.4% in September).
In the past 12 Japan Inflation Reports, within one hour from the event, USD/JPY fell in 67% of times (8 out of 12 events), marking a trading range of 21.28 pips on average.
(GMT+02:00 Central European Time)
Happy Trading!
Source: Trading Central Economic Insight
