Core Machinery Orders. Japan, 01:50 (GMT+2) 16 Nov

16Nov.202200:50

Core Machinery Orders. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), September data on basic orders in mechanical engineering will be released in Japan. Show monthly consolidates changes in the volume of products produced by the engineering sector. It does not take into account the products of shipbuilding and public utilities. The indicator is expected to be adjusted from –5.8% to 0.7% MoM and from 9.7% to 7.4% YoY.

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15 Nov. 2022 14:30

Producer Price Index. USA, 15:30 (GMT+2)

At 15:30 (GMT+2) October data on the producer price index will be published in the USA. It is one of the main indicators of inflation in the country and consolidates the change in prices for goods and services sold by producers. It also shows the change in the cost of their production. The index is expected to correct from 0.4% to 0.5% MoM, and it will decrease from 8.5% to 8.3% YoY, while the Core value will increase from 0.3% to 0.4% MoM and remain at 7.2% YoY.

16 Nov. 2022 05:30

Service PMI. Japan, 06:30 (GMT+2)

At 06:30 (GMT+2) in Japan, the index of business activity in the service sector from the Ministry of Economy, Trade, and Industry will be published. The indicator reflects the total cost of services purchased by companies in key service industries (excluding manufacturing) and is a leading indicator of the Tankan business activity index. The value is expected to decline from 0.7% to 0.6%, which, in turn, may put pressure on the yen.

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