Retail sales. Japan, 01:50 (GMT+2) 28 Dec

28Dec.202300:50

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

At 01:50 (GMT+2), November data on retail sales will be published in Japan. The indicator records the volume of all goods retail enterprises sold based on samples of retail stores of different types and sizes. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). The rate is expected to rise from 4.2% to 5.0% YoY, supporting the yen.

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28 Dec. 2023 00:50

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

At 01:50 (GMT+2), Japan will publish November industrial production data, which reflects the amount of manufactured goods and utilities produced in the country, taking into account the manufacturing and mining industries, as well as the electricity sector. The figure is expected to correct from 1.3% to –1.6%, putting pressure on the yen.

28 Dec. 2023 12:23

Goods trade balance. USA, 15:30 (GMT+2)

At 15:30 (GMT+2), the US will publish November data on the balance of foreign trade in goods. This indicator records the difference between the amount of payments for exported and imported goods; its increase is a positive factor for the American currency. A correction is expected from the current –89.56B dollars to –88.40B dollars.

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