Household expenditure index. Japan, 01:30 (GMT+2) 07 Nov

07Nov.202300:30

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

At 01:30 (GMT+2), September data on household spending will be published in Japan. The indicator records the monthly change in household spending adjusted for inflation and is an important indicator of economic growth. The index is expected to correct from –2.5% to –2.7% YoY and from 3.9% to –0.4% MoM, putting pressure on the yen.

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06 Nov. 2023 16:00

Ivey Purchasing Managers Index. Canada, 17:00 (GMT+2)

At 17:00 (GMT+2), Canadian October data on the Ivey PMI will be published. The indicator reflects the state of business activity in the national manufacturing industry and is calculated on the basis of a survey of purchasing and supply managers of leading national enterprises in all industries. The attitude of managers toward the current economic situation and prospects for future development is evaluated. A correction of the value from 53.1 points to 50.8 points is expected, which, in turn, may put pressure on the Canadian dollar.

07 Nov. 2023 04:00

Trade balance. China, 05:00 (GMT+2)

At 05:00 (GMT+2), China will publish October trade balance data. This indicator records the difference between the amount of payments for exported and imported goods. The indicator is projected to increase from 77.71B American dollars to 81.95B American dollars, which may support the yuan.

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