Economic Calendar 18 January

Day off:

USA - Martin Luther King Day

 Currency: GBP

Volatility: High

 Bank of England Governor Bailey speaking

 Currency: CNY

Volatility: High 

GDP (YoY) (Q4)

Fact - 6.5% Pre - 4.9%

Forecast - 6.1%

Gross Domestic Product (GDP) is an overall measure of economic activity and is a key indicator of the health of China's economy. The quarterly dynamics of GDP percent shows the growth rate of the economy as a whole.

Readings higher than expected are seen as positive / bullish for the CNY, while readings lower than expected indicate negative / bearish market for the CNY.

Currency: CNY

Volatility: High

Industrial production (YoY) (Dec) Actual - 7.3% Forecast - 6.9%

Prev - 7.0% 

China's industrial production measures the change in the total production of factories, mines, and utilities. This gives us a good indicator of strength in the industrial sector. It can be a leading indicator of industrial employment, average earnings, and personal income.

Readings higher than expected are seen as positive / bullish for the CNY, while readings lower than expected indicate negative / bearish market for the CNY.

 

To return
Don't want to analyze
yourself? Just subscribe!
Trading strategies, analytics, daily reviews,
trading signals, recommendations, #company news
All about the Forex market in our Telegram channel