Household confidence index. Japan, 07:00 (GMT+2) 29 Jan

29Jan.202506:00

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

At 07:00 (GMT+2), Japan will publish the January Household Confidence Index. The indicator, which is calculated by assessing a survey of about 5.0K respondents, predicts consumer spending, which is part of economic activity in the reporting month. It may change from 36.2 points to 36.5 points, supporting the yen.

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29 Jan. 2025 01:30

Consumer price index. Australia, 02:30 (GMT+2)

At 02:30 (GMT+2), Q4 Australian data on the consumer price index is due. It is the main indicator of inflation in the country and determines the change in retail prices for a certain basket of goods and services: food, transport, utilities, health care, and so on. It has a significant impact on monetary policy decisions. The index may adjust from 2.8% to 2.5% YoY, and from 0.2% to 0.3% QoQ, while the weighted average quarterly indicator is likely to fall from 0.8% to 0.6%, and the truncated year’s indicator from 3.5% to 3.3%.

29 Jan. 2025 08:00

GfK consumer climate. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), Germany will publish the February data on the consumer climate index from GfK Group. The indicator assesses the degree of confidence in the strength of the economy and is a leading indicator of household spending. It may change from –21.3 points to –20.5 points, putting pressure on the euro.

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