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16.09.2020
At 14:30 (GMT+2), the US data on the volume of retail sales, excluding cars, will be released. The indicator reflects the total sales of retailers of all sizes and types excluding car dealerships and is the main indicator of consumer spending. The indicator is expected to grow by 0.9% in August. The report is leading, and the data may be revised in the future.
At 08:00 (GMT+2), the UK data on the consumer price index for August will be released. It is the main indicator of the inflation rate in the country which determines the change in the level of retail prices for a certain "basket" of goods and services: food, transport, utilities, health care, and so on. It has a significant influence on monetary policy decisions. It is expected that the consumer price index will decline by 0.6% MoM and grow by 0.1% YoY.
15.09.2020
At 15:15 (GMT+2), the US data on changes in the level of industrial production for August will be released. The indicator reflects the volume of production at plants and factories. The value is expected to increase by 0.8% MoM. A high value may indicate inflation expectations and, therefore, an imminent rate hike, so a high score strengthens the US dollar, while a low value weakens it.
At 11:00 (GMT+2), EU Q2 data, reflecting the short-term change in the average cost of a working hour will be released. An increase in the indicator may indicate an increase in prices for goods and services in the future.
At 08:00 (GMT+2), the UK 3M report, showing the ratio of the proportion of the unemployed population to the total number of able-bodied citizens, will be published. This release is a leading indicator for the British economy. If the rate rises, this indicates a slowdown in the recovery of the country's labor market, negatively affecting the state of the economy; the decline in the indicator, on the contrary, is a positive factor for the economy and the exchange rate of the national currency. According to preliminary data, the indicator will remain unchanged at 3.9%.
14.09.2020
At 11:00 (GMT+2) Eurostat is to publish data showing the volume of production in factories and manufacturing enterprises. The growth of the indicator strengthens EUR, and its fall weakens the currency. The indicator is expected to grow by 10.0% in monthly terms and decrease by 18.3% in annual terms.
At 06:30 (GMT+2), the data on Japanese Industrial Production will be published. It is a major indicator of the strength of the manufacturing sector, reflecting the production volume of factories and mines in Japan. A high reading is considered positive (or "bullish") for the JPY, and a low reading is considered negative (or "bearish"). The indicator is expected to grow by 8.0% in monthly terms and decrease by 16.1% in annual terms.