Retail sales. Japan, 01:50 (GMT+2) 29 Jun

29Jun.202300:50

Retail sales. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), May retail sales data will be released in Japan. The indicator records the volume of all goods sold by retailers based on samples of retail stores of various types and sizes. It is an important indicator of consumer spending and has a significant impact on the gross domestic product (GDP). The figure is expected to rise from 5.0% to 5.4% YoY. Implementation of the forecast may support the yen.

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28 Jun. 2023 16:00

Speech by ECB president Christine Lagarde. EU, 17:00 (GMT+2)

At 17:00 (GMT+2), the president of the European Central Bank (ECB), Christine Lagarde, will make a speech. Investors are following the rhetoric of the regulator’s representatives, trying to get hints about the further prospects for the development of the EU economy under the pressure of unprecedented inflation.

29 Jun. 2023 02:30

Retail sales. Australia, 03:30 (GMT+2)

At 03:30 (GMT+2), May retail sales data will be released in Australia. The indicator captures the volume of all goods sold by retailers, based on samples of stores of different types and sizes. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). Correction from 0.0% to 0.1% MoM is expected, which, in turn, may support the Australian currency.

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