Electronic cards retail sales. New Zealand, 23:45 (GMT+2) 11 Mar

11Mar.202422:45

Electronic cards retail sales. New Zealand, 23:45 (GMT+2)

At 23:45 (GMT+2), February data on the volume of retail sales made using electronic cards will be published in New Zealand. It is an important indicator of consumer spending in the country. It may continue its upward trend from 1.7% MoM and from 1.6% YoY, supporting the New Zealand dollar.

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11 Mar. 2024 07:00

Machine tool orders. Japan, 08:00 (GMT+2)

At 08:00 (GMT+2), data on the volume of orders in the Japanese mechanical engineering sector, one of the main national exports, will be published. The growth of the indicator indicates the expansion of production, acting as a catalyst for increasing the gross domestic product (GDP). The value may continue its negative trend from the current −14.1%, putting pressure on the yen.

12 Mar. 2024 01:30

Building approvals. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2), data on the number of building permits issued will be published in Australia. The indicator records monthly changes in the number of applications issued by the Australian government for the construction of real estate and is one of the most important indicators of the construction sector. The indicator is likely to significantly slow down the negative dynamics from –10.1% to –1.0% MoM, supporting the Australian dollar.

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