Housing starts. Canada, 14:15 (GMT+2) 15 May

15May.202313:15

Housing starts. Canada, 14:15 (GMT+2)

At 14:15 (GMT+2), April data on the number of new homes, the construction of which began in the reporting month, will be released in Canada. It is one of the most important indicators of the national construction market. The value is expected to increase from 213.9K to 237.8K. The implementation of the forecast may support the Canadian dollar.

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15 May. 2023 10:00

Industrial production. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), March data on the volume of industrial production of the EU countries will be published. It records the change in the volume of output of industrial goods and public services in the country. The calculation considers the manufacturing and mining industries, as well as the electric power industry. It is expected that the indicator will be adjusted from 2.0% to 1.5% YoY and from 1.5% to 1.0% MoM.

16 May. 2023 03:00

Retail sales. China, 04:00 (GMT+2)

At 04:00 (GMT+2), April data on retail sales will be released in China. The indicator captures the volume of all goods sold by retailers, based on a sample of retail stores of various types and sizes. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). In April, the indicator is likely to correct from 10.6% to 20.1%, supporting the quotes of the national currency.

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