Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of February 16-20:
We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:
We can select which major economies to focus on:
On Sunday, February 8, Japanese Prime Minister Sanae Takaichi's Liberal Democrat Party won a snap election in the Lower House by a landslide, paving the way for her promised tax cuts and higher military spending.
Thereafter, the Japanese yen strengthened for the whole week, with the USD/JPY falling from 157.70 to 152.30.
However, Japan’s Nikkei 225 stock index posted a strong run, climbing up to all-time highs above the level of 58,000.
On the other hand, major U.S. stock indexes were down over 1% for the whole week.
Further movements in Japan’s stock market and currency remain in the focus of international investors.
In the coming week, Japan will release key inflation data on Friday (February 20).
According to the forecast of Trading Central's "Economic Insight", Japan’s Core Inflation Rate is expected to tick down to 2.3% year on year in January from 2.4% in December.
When the Japan’s core inflation rate was released last month, within one hour of trading, USD/JPY moved in a range of 17.0 pips, ending 7.4 pips higher.
(GMT+02:00 Hour)
Happy Trading!
Source: Trading Central Economic Insight
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