New housing price index. Canada, 15:30 (GMT+2) 23 Jan

23Jan.202414:30

New housing price index. Canada, 15:30 (GMT+2)

At 15:30 (GMT+2), the December price index for new housing will be published in Canada, reflecting the state of the national real estate market and assessing the impact of its dynamics on the economy as a whole. The value is likely to rise from –0.2% to 0.0%, supporting the Canadian dollar.

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23 Jan. 2024 03:30

Interest rate decision. Japan, 04:30 (GMT+2)

At 04:30 (GMT+2), the Bank of Japan will announce its decision on the interest rate. The indicator is expected to remain at –0.10%, where it has been since 2016. At the same time, a decrease in business activity and increased uncertainty in the market may become a catalyst for the department to tighten monetary policy parameters.

23 Jan. 2024 22:45

Consumer price index. New Zealand, 23:45 (GMT+2)

At 23:45 (GMT+2), the Q4 consumer price index in New Zealand will be published, which is the main indicator of inflation in the country, reflecting changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, healthcare, and so on. It has a significant influence on the decisions of regulators in monetary policy. The figure is expected to fall from 1.8% to 0.6% QoQ and from 5.6% to 4.7% YoY, putting pressure on the New Zealand dollar.

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