Gross domestic product. Japan, 01:50 (GMT+2) 15 Aug

15Aug.202300:50

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

At 01:50 (GMT+2), Japan’s Q2 gross domestic product (GDP) data 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 may rise from 0.7% to 0.8% QoQ and from 2.7% to 3.1% YoY. Implementation of the forecast may support the yen.

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14 Aug. 2023 07:00

Wholesale Price Index. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), the July Wholesale Price Index will be published in Germany, measuring the change in the cost of goods sold by wholesale companies. If the indicator continues its negative dynamics from -0.2% on a monthly basis and from -2.9% on an annual basis, this may have a negative impact on the European currency.

15 Aug. 2023 03:00

Industrial production. China, 04:00 (GMT+2)

At 04:00 (GMT+2) in China, the July data on industrial production will be published, reflecting the change in the volume of output of goods and utilities in the country. The value considers the manufacturing and mining industries, as well as the electric power industry. It may grow from 4.4% to 4.5% YoY, supporting the national currency of China.

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