Housing starts. Japan, 07:00 (GMT+2) 31 Jan

31Jan.202506:00

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

At 07:00 (GMT+2), Japan will release data on the number of new homes started in December. This indicator is one of the most important indicators of the national construction market. It may change from –1.8% to –3.7% YoY, putting pressure on the yen.

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31 Jan. 2025 02:45

Caixin manufacturing PMI. China, 03:45 (GMT+2)

At 03:45 (GMT+2), China will release January data on the Caixin Manufacturing PMI. The indicator reflects the state of business activity in the national manufacturing industry and is based on a survey of purchasing and supply managers at leading national enterprises in all industries. At the same time, their attitude to the current economic situation and prospects for further development is assessed. It may rise from 50.5 points to 51.6 points, supporting the yuan.

31 Jan. 2025 08:00

Retail sales. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), Germany will release data on retail sales for December. The indicator records the monthly quantity of all goods retailers sold based on a sample of retail stores of different types and sizes. It is an important indicator of consumer spending, which has a significant impact on gross domestic product (GDP). It may increase from –0.6% to 0.6% MoM, supporting the euro.

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