The main events of the day

On Thursday, December 21, the day is full of news on Japan, the US and Canada.

The market at the beginning of the day will be focused on the report of the Bank of Japan with a further shift of focus to the US GDP data and inflation in Canada.

Preliminary expected data on the results of the meeting of the Bank of Japan:
– Report on the monetary policy of the Bank of Japan.
– The Bank of Japan’s decision on the interest rate, the forecast is -0.10%, the previous value is -0.10%.

At 08:30 – the Bank of Japan will hold a press conference.

At 15:30 – publication of data on the US GDP:
– the US GDP (q/q), the forecast is 3.3%, the previous value is 3.3%.
– the US GDP deflator (q/q), the forecast is 2.2%, the previous value is 2.1%.
– The number of initial applications for unemployment benefits in the US, the forecast is 231K, the previous value is 225K.
– Index of manufacturing activity by the Federal Reserve Bank of Philadelphia (USA), the forecast is 21.5, the previous value is 22.7.
– The employment index of the Federal Reserve Bank of Philadelphia (USA), the previous value is 22.6.

Also, at 15:30 – publication of the report on inflation in Canada:
– Change in the number of non-agricultural workers by ADP, the previous value is -5.7K.
– The basic consumer price index (CPI) in Canada (y/y), the previous value is 0.9%.
– The basic consumer price index (CPI) in Canada (m/m), the forecast is 0.3%, the previous value is 0.3%.
– The basic index of retail sales in Canada (m/m), the forecast is 0.4%, the previous value is 0.3%.
– Consumer Price Index (CPI) in Canada (m/m), the forecast is 0.2%, the previous value is 0.1%.
– The volume of retail sales in Canada (m/m), the forecast is 0.3%, the previous value is 0.1%.

Hanzenko Anton