BRC retail sales. United Kingdom, 01:01 (GMT+2) 05 Sep

05Sep.202300:01

BRC retail sales. United Kingdom, 01:01 (GMT+2)

At 01:01 (GMT+2), August data on retail sales from the British Retail Consortium (BRC) will be published. The indicator considers the dynamics of the sale of goods in stores that have been open for at least a year and is calculated based on information regularly provided by them. It is expected that in August the value will correct from 1.8% to 2.2%, which, in turn, may support the pound.

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05 Sep. 2023 00:30

Household spending. Japan, 01:30 (GMT+2)

At 01:30 (GMT+2) in Japan, July data on household spending will be published. The indicator captures the monthly change in household spending adjusted for inflation and is an important indicator of economic growth. The index is expected to correct from –4.2% to –2.5% YoY and from 1.8% to 2.2% MoM, supporting the yen.

05 Sep. 2023 02:45

Caixin manufacturing PMI. China, 03:45 (GMT+2)

At 03:45 (GMT+2), China will publish August data on the index of business activity in the manufacturing sector from Caixin. The indicator reflects the state of business activity in the national manufacturing industry and is calculated based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, their attitude to the current economic situation and the prospects for its further development is assessed. The indicator is expected to decrease from the current 54.1 points to 53.6 points, which, in turn, may negatively affect the yuan.

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