Household confidence. Japan, 07:00 (GMT+2) 31 Jan

31Jan.202406:00

Household confidence. Japan, 07:00 (GMT+2)

At 07:00 (GMT+2), Japan will release the January Household Confidence Index. The indicator, which is calculated by assessing a survey of about 5.0K respondents, predicts consumer spending that is part of economic activity in the reporting month. The index is expected to rise from 37.2 points to 37.6 points in January, supporting the yen.

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31 Jan. 2024 02:30

Manufacturing PMI. China, 03:30 (GMT+2)

At 03:30 (GMT+2), January data on the business activity index in the manufacturing sector will be published in China. 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, the attitude of purchasing and supply managers to the current economic situation and the prospects for its further development is assessed. The value is predicted to increase from 49.0 points to 49.3 points.

31 Jan. 2024 06:00

Housing starts. Japan, 07:00 (GMT+2)

At 07:00 (GMT+2) in Japan, December data on the number of new houses, the construction of which began in the reporting month, will be presented. This indicator is one of the most important indicators of the national construction market. It is likely that the value will slow down the negative dynamics from the current −8.5% to −6.2% YoY, putting pressure on the yen.

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