Industrial production. Japan, 01:50 (GMT+2) 31 Aug

31Aug.202300:50

Industrial production. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2) in Japan, July data on industrial production will be published. The calculation of the indicator considers the manufacturing and mining industries, as well as the electric power industry. A correction is expected from the current 2.4% to –1.4%, which, in turn, may put pressure on the yen.

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30 Aug. 2023 15:30

Crude oil reserves. 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. A correction from the current –6.135M barrels to –2.921M barrelsis expected , which can support oil quotes.

31 Aug. 2023 00:50

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

At 01:50 (GMT+2) in Japan, will be published July data on retail sales. 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). The annualized rate is expected to decrease from 5.9% to 5.4%. Implementation of the forecast may put pressure on the yen.

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