Core machinery orders. Japan, 01:50 (GMT+2) 18 Jan

18Jan.202300:50

Core machinery orders. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2) in Japan, there will be November data on basic orders in engineering. The indicator monthly consolidates changes in the volume of products produced by the sector, while the products of shipbuilding and public utilities are not taken into account. Therefore, it is expected that the indicator will be adjusted from 5.4% to –0.9% MoM and from 0.4% to 2.4% YoY.

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17 Jan. 2023 14:15

Housing starts. Canada, 15:15 (GMT+2)

At 15:15 (GMT+2), December data on the number of new homes, the construction of which began in the reporting month, will be released in Canada. This indicator is one of the most important indicators of the national construction market. The indicator is expected to decrease from 264.2K to 257.5K, which may put pressure on the quotes of the Canadian currency.

18 Jan. 2023 04:00

Interest rate decision. Japan, 05:00 (GMT+2)

At 05:00 (GMT+2), the decision of the Bank of Japan on the interest rate will be announced. The indicator is expected to remain at –0.10%, where it has been since 2016. At the same time, a decrease in business activity and increased uncertainty in the market may become a catalyst for tightening monetary policy parameters on the part of the agency.

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