The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.
A higher than expected reading should be taken as positive/bullish for the MYR, while a lower than expected reading should be taken as negative/bearish for the MYR.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.A higher than expected reading should be taken as positive/bullish for the THB , while a lower than expected reading should be taken as negative/bearish for the THB.
Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents. Exports free on board (f.o.b.) and imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics.
A higher than expected number should be taken as positive to the MYR, while a lower than expected number as negative.
Exports free on board (f.o.b.) and Imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries Imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting Imports as f.o.b. you will have the effect of reducing the value of Imports by the amount of the cost of insurance and freight.
A higher than expected number should be taken as positive to the MYR, while a lower than expected number as negative.
The consumer price index (CPI) is a measure of change over a specified period oftime in the general level of prices of goods and services that a given population acquires, uses or pays for consumption. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period.
The Consumer Price Index (CPI) measures the change in the price of goods
and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.
A higher than expected reading should be taken as positive/bullish for the CHF, while a lower than expected reading should be taken as negative/bearish for the CHF.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. The most volatile components like autos, gas prices and food prices are often removed from the report to show more underlying demand patterns as changes in sales in these categories are frequently a result of price changes.Rising retail sales indicate stronger economic growth. However, if the increase is larger than forecast, it may be inflationary. A higher than expected reading should be taken as positive/bullish for the HUF , while a lower than expected reading should be taken as negative/bearish for the HUF.
The industrial production index is calculated as a chain index. The weights used are value added from the annual national accounts.The method for seasonal adjustment is done by TRAMO/SEATS. Weight 0.9160 of total 1.A higher than expected reading should be taken as positive/bullish for the SEK , while a lower than expected reading should be taken as negative/bearish for the SEK.
The industrial production index is calculated as a chain index. The weights used are value added from the annual national accounts.The method for seasonal adjustment is done by TRAMO/SEATS. Weight 0.9160 of total 1.A higher than expected reading should be taken as positive/bullish for the SEK , while a lower than expected reading should be taken as negative/bearish for the SEK.
New orders measure the value of orders received in a given period of time. They are legally binding contracts between a consumer and a producer for delivering goods and services.
New orders indicate future industrial output and production requirements.
IHS Markit Germany Construction PMI is compiled from responses to questionnaires
sent to a panel of about 150 construction company purchasing managers. The panel is stratified by
company workforce size based on contributions to GDP.
Survey responses are collected during the second half of each month and indicate the direction of change
compared to the previous month. A reading above 50 indicates an overall increase compared to the
previous month; below 50 signals an overall decrease.
The Chartered Institute of Purchasing and Supply (CIPS) Construction Purchasing Manager's Index (PMI) measures the activity level of purchasing managers in the construction industry. A reading above 50 indicates expansion in the construction industry; a reading below indicates contraction. It gives an indication about the health of the construction section in the UK.
Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
The car registrations published by the European Automobile Manufacturers’ Association (ACEA) describe the number of new passenger car registrations in the United Kingdom. If the number increases, this is a sign of increasing consumption. At the same time, British carmakers are earning more money, leading to rising profits. This generally boosts the economy - and vice versa. If car registrations are higher than expected, this usually leads to a rising pound (GBP) exchange rate on the currency markets. Conversely, the pound exchange rate (GBP) falls if new registrations are lower than expected or if expectations are missed.
The car registrations published by the European Automobile Manufacturers’ Association (ACEA) describe the number of new passenger car registrations in the United Kingdom. If the number increases, this is a sign of increasing consumption. At the same time, British carmakers are earning more money, leading to rising profits. This generally boosts the economy - and vice versa. If car registrations are higher than expected, this usually leads to a rising pound (GBP) exchange rate on the currency markets. Conversely, the pound exchange rate (GBP) falls if new registrations are lower than expected or if expectations are missed.
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
The figures displayed in the calendar represent the average yield on the Obligations assimilables du Trésor or OAT auctioned.
French OAT notes have maturities from seven up to 50 years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital.
The yield on the OAT represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid.
Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
A higher than expected reading should be taken as positive/bullish for the EUR while a lower than expected reading should be taken as negative/bearish for the EUR.
The figures displayed in the calendar represent the average yield on the Obligaciones del Estado or ODE auctioned.
Spanish ODE bonds have maturities of above then five years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital.
The yield on the ODE represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid.
Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
The figures displayed in the calendar represent the average yield on the Bonos del Estado or BDE auctioned.
Spanish BDE bonds have maturities of between two to five years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital.
The yield on the BDE represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid.
Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
The figures displayed in the calendar represent the average yield on the Bonos del Estado or BDE auctioned.
Spanish BDE bonds have maturities of between two to five years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital.
The yield on the BDE represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid.
Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
Challenger Job Cuts measures the change in the number of job cuts announced by employers.
A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.
Challenger Job Cuts, released by Challenger, Grey & Christmas monthly, provides information on the number of announced corporate layoffs by industry and region. The report is an indicator used by investors to determine the strength of the labor market. A lower than expected number should be taken as positive to the USD, while a higher than expected number as negative
The six members of the European Central Bank (ECB) Executive Board and the 16 governors of the euro area central banks vote on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.
A higher than expected rate is positive/bullish for the EUR, while a lower than expected rate is negative/bearish for the EUR.
The rate on the marginal lending facility, which offers overnight credit to banks from the Eurosystem. This is one of the key interest rates for the euro area the Governing Council of the ECB sets.
European Central Bank Monetary Policy Statement contains the outcome of the ECB's decision on asset purchases and commentary about the economic conditions that influenced their decision.
Nonfarm Productivity measures the annualized change in labor efficiency when producing goods and services, excluding the farming industry. Productivity and labor-related inflation are directly linked-a drop in a worker's productivity is equivalent to a rise in their wage.
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.
A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week.
A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.
Unit Labor Costs measure the annualized change in the price businesses pay for labor, excluding the farming industry. It is a leading indicator of consumer inflation.
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
The European Central Bank (ECB) press conference is held monthly, about 45 minutes after the Minimum Bid Rate is announced. The conference is approximately an hour long and has two parts. Firstly, a prepared statement is read, then the conference is open to press questions. The press conference examines the factors which affected the ECB's interest rate decision and deals with the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy. High levels of volatility can frequently be observed during the press conference as press questions lead to unscripted answers.
Continuing Jobless Claims measures the number of unemployed individuals who qualify for benefits under unemployment insurance.
A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.
The exports number provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. A higher than expected number should be taken as positive to the CAD, while a lower than expected number as negative
The Imports number measures any good or service brought into one country from another country in a legitimate fashion, typically for use in trade. Import goods or services are provided to domestic consumers by foreign producers. A lower than expected number should be taken as positive to the CAD, while a higher than expected number as negative
Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week.
As the week to week numbers might be very volatile, the four week moving average smooths the weekly data and used for the initial jobless claims metric
A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.
The exports number provides the total US dollar amount of merchandise exports. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.
The Imports number measures any good or service brought into one country from another country in a legitimate fashion, typically for use in trade. Import goods or services are provided to domestic consumers by foreign producers. A lower than expected number should be taken as positive to the USD, while a higher than expected number as negative.
Auto Sales measures the change in the number of new cars and trucks sold domestically. It is an important indicator of consumer spending is closely correlated to consumer confidence.A higher than expected reading should be taken as positive/bullish for the BRL , while a lower than expected reading should be taken as negative/bearish for the BRL.
Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. A higher than expected number should be taken as positive to the RUB, while a lower than expected number as negative
Industry is a basic category of business activity. Firms in the same industry are on the same side of the market, produce goods which are close substitutes and compete for the same customers. For statistical purposes, industries are categorized following a uniform classification code such as Standard Industrial
Classification (SIC). Changes in the volume of the physical output of the nation's factories, mines and utilities are measured by the index of industrial production. The figure is calculated as a weighted aggregate of goods and reported in headlines as a percent change from previous months. It is often adjusted by season or weather conditions and thus volatile. However, it is used as a leading indicator and helps in forecasting GDP changes. Rising industrial production figures signify increasing economic growth and can positively influence the sentiment towards local currency.Total vehicles is comprised of cars, light commercials, trucks, buses and tractors.
The Energy Information Administration (EIA) Natural Gas Storage report measures the change in the number of cubic feet of natural gas held in underground storage during the past week.
While this is a U.S. indicator it tends to have a greater impact on the Canadian dollar, due to Canada's sizable energy sector.
If the increase in natural gas inventories is more than expected, it implies weaker demand and is bearish for natural gas prices. The same can be said if a decline in inventories is less than expected.
If the increase in natural gas is less than expected, it implies greater demand and is bullish for natural gas prices. The same can be said if a decline in inventories is more than expected.
Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents.Exports free on board (f.o.b.) and imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries imports are reported as f.o.b. instead of c.i.f. which is generally accepted.
When reporting imports as f.o.b. you will have the effect of reducing the value of imports by the amount of the cost of insurance and freight.
The figures displayed in the calendar represent the rate on the Treasury Bill auctioned.
U.S. Treasury Bills have maturities of a few days to one year. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital. The rate on a Treasury Bill represents the return an investor will receive by holding the bill for its entire duration. All bidders receive the same rate at the highest accepted bid.
Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
Gross domestic product (GDP) measures the value of goods and services produced in the UK. It estimates the size of and growth in the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Rolling three-month data are calculated by comparing growth in a three-month period with growth in the previous three-month period, for example, growth in June to August compared with the previous March to May.
Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
A higher than expected reading should be taken as positive/bullish for the ARS, while a lower than expected reading should be taken as negative/bearish for the ARS.
The Australian Industry Group (AIG) Services Index rates the relative level of business conditions among service-based companies. On the index, a reading above 50 indicates industry expansion, below indicates contraction.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
Gfk Consumer Confidence measures the level of consumer confidence in economic activity. A reading above zero indicates optimism; below indicates pessimism.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Household Spending measures the change in the inflation-adjusted value of all expenditures by consumers.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
Household Spending measures the change in the inflation-adjusted value of all expenditures by consumers.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
Official reserve assets comprises foreign currency reserves, IMF reserve position, SDRs and gold. A higher than expected number should be taken as positive to the JPY, while a lower than expected number as negative.
Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
A higher than expected reading should be taken as positive/bullish for the PHP, while a lower than expected reading should be taken as negative/bearish for the PHP.
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.A higher than expected reading should be taken as positive/bullish for the PEN , while a lower than expected reading should be taken as negative/bearish for the PEN.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. A higher than expected reading should be taken as positive/bullish for the PHP , while a lower than expected reading should be taken as negative/bearish for the PHP.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.
The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.
A higher than expected reading should be taken as positive/bullish for the PHP, while a lower than expected reading should be taken as negative/bearish for the PHP.
Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity.A higher than expected reading should be taken as positive/bullish for the THB , while a lower than expected reading should be taken as negative/bearish for the THB.
