Gross domestic product. Japan, 01:50 (GMT+2) 08 Jun

08Jun.202300:50

Gross domestic product. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), Japan’s Q1 gross domestic product (GDP) will be released. It is the main indicator reflecting the state of the national economy; it considers domestic consumption, investment, government spending, and exports. The value is expected to rise from 0.0% to 0.4% QoQ and from 0.1% to 1.6% YoY. Implementation of the forecast may support the yen.

Start Trading

Cannot read us every day? Get the most popular posts to your email.

What should I read next?

07 Jun. 2023 15:30

Crude oil inventories. USA, 16:30 (GMT+2)

At 16:30 (GMT+2), the Energy Information Administration of the US Department of Energy (EIA) will publish a weekly report containing data on changes in the volume of crude oil, as well as gasoline and distillates in the US. The increase in reserves, as a rule, leads to pressure on oil prices. A correction is expected from the current 4.488M barrels to 1.152M barrels, which may put pressure on the oil quotes.

08 Jun. 2023 02:30

Trade balance. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2) in Australia, April data on the trade balance will be published. This indicator consolidates the difference between the amount of payments for exported and imported goods, and its increase is a positive factor for the Australian currency. The balance sheet surplus is expected to correct downward from 15.269B Australian dollars to 12.650B Australian dollars.

What’s next?

I’d like to test my new skills on a demo account without registration

Show me currency charts and real time price moves

I’d like to copy professional traders’ transactions onto my account

I'm ready to open a trading account and make money from Forex

Facebook
X
Instagram
LinkedIn
Youtube
Telegram
MQL5

Live Chat