Retail sales. Japan 01:50 (GMT+2)

At 01:50 (GMT+2) retail sales data will be released. It is expected that in annual terms the value of the indicator will drop to 1.6% in September from 2.7% a month earlier. The indicator reflects the change in sales volumes in large retail stores. The growth rate indicates an increase in consumption and has a positive effect on the economy. The decline indicates an economic downturn and is a negative factor for the economy. A high value strengthens the JPY; low value weakens it.

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