Japanese data is the focus of the calendar. The trade and machine orders info we'll get today are not top-tier data, but its all goes into the mix.
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The trade data is expected to be encouraging, showing strength in November better than that in October for both exports and imports.
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Japan core machine orders data for October 2025 is due today. These data are a leading indicator of capital spending in the coming six to nine months. It's a volatile data set.
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The Bank of Japan will begin its two day meeting tomorrow, Thursday, December 18, 2025. On Friday we'll get the statement followed by Bank of Japan Governor Ueda's press conference
- the statement is expected some time in the 0230 to 0330 GMT time window (this is 2230 - 2330 US Eastern time). The BoJ do not have a set scheduled time for the release
- Bank of Japan Governor Ueda's press conference will follow at 0630 GMT (this is 0130 US Eastern time)
A 25bp interest rate rise is widely expected, from 0.5% to 0.75%
The snapshot shown is from the investingLive economic data calendar.
- The times in the left-most column are GMT.
- The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.
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ps. You'll note that I have stretched out the pic of the clandar a little to show that ther is top-tier data due today, but it'ss be during the Europe/UK time zone. UK inflation data is expected top have remained elevated in November.