Industrial production. USA, 16:15 (GMT+2) 17 Jan

17Jan.202415:15

Industrial production. USA, 16:15 (GMT+2)

At 16:15 (GMT+2), the US will publish December data on industrial production. The indicator records changes in the volume of output of industrial goods and utilities in the country. Its calculation considers the manufacturing and mining industries, as well as the electric power industry. The value is expected to adjust from 0.2% to −0.1% MoM, putting pressure on the American dollar.

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17 Jan. 2024 14:30

Raw material price index. Canada, 15:30 (GMT+2)

At 15:30 (GMT+2), the December commodity price index will be published in Canada. Unlike the price index for industrial goods, this indicator includes purchase items not produced in Canada, and its calculation includes all costs borne by the buyer of raw materials, including the goods, transportation costs, net taxes paid, and customs duties. The value is likely to continue its negative trend from –4.2% to –2.1% MoM, supporting the Canadian dollar.

17 Jan. 2024 20:00

Beige Book. USA, 21:00 (GMT+2)

At 21:00 (GMT+2), the US Federal Reserve System (US Fed) will publish the Beige Book economic report. It characterizes the state of the economy in the twelve federal districts of the country and contains information on all types of industry, agriculture, corporate and consumer spending, the real estate market, and other indicators at the moment. The document is published eight times per year before the US Federal Open Market Committee (FOMC)scheduled meetings.

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