ONLINE FOREX BROKER
In August, booming shipments of electronics and cars drove up Japan's exports at the fastest tempo in almost four years, which is further evidence that overseas demand happens to be firm enough to underpin healthy economic surge.
The 18.1% annual soar in exports appeared to be the fastest outcome since November 2013 and undoubtedly surpassed the median estimate for a 14.7% annual surge observed in a Reuters survey.
August's export outcome exceeded July's reading of 13.4% and also pointed to a ninth straight month of expansion.
Export ascend will most likely continue as the global economy is still on a sturdy footing that should back policymakers' confidence in this Asian country’s economic outlook.
The Bank of Japan is generally believed to keep monetary policy intact at a gathering ending on Thursday because inflation is still confusingly low notwithstanding data pointing to firm economic ascend.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
2022 was rough: inflation, energy crisis, and plenty of other controversial situations…
The US dollar index keeps rounding above the 103.60 historical support level. The buyers have already defended this level for three weeks, highlighting their interest in the greenback. Thus, buying USD looks less risky right now.
The Reserve Bank of Australia (RBA) will make a statement and release a Cash Rate on February 7, 05:30 GMT+2. It's among the primary tools the RBA uses to communicate with investors about monetary policy.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
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