The main events of the day

Tuesday, January 23, is full of news on Japan and the eurozone.

The market is still focused on the dynamics of American and European currencies, which are the main drivers. Also at the beginning of the day, one should expect an increase in volatility relative to the yen due to the publication of the Bank of Japan protocol.

At 07:00 – publication of the quarterly report of the Bank of Japan on the prospects for economy and inflation.

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

At 12:00 – data on Germany:
– ZEW’s current economic conditions index in Germany, the forecast is 89.8, the previous value is 89.3.
– ZEW economic sentiment index in Germany, the forecast is 17.8, the previous value is 17.4.

Also, at 12:00 – release of the index of economic sentiment from ZEW in the euro area, the forecast is 30.0, the previous value is 29.0.

At 13:00 – announcement of the index of industrial orders (CBI) in the UK, the forecast is 12, the previous value is 17.

At 23:35 – release of weekly stocks of crude oil in the US according to the American Petroleum Institute (API), the previous value is -5,121M.

Hanzenko Anton