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 SGD, while a lower than expected reading should be taken as negative/bearish for the SGD.
The Producer Price Index (PPI) is designed to monitor changes in prices of items at the first important commercial transactions. The PPI shows the same general pattern of inflation as does Consumer price index, but is more volatile. This is because it is weighted more heavily towards goods that are traded in highly competitive markets and somewhat less sensitive to changes in the cost of labour.The PPI is worth watching as a leading indicator of inflation at the consumer level. 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.
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 SGD, while a lower than expected reading should be taken as negative/bearish for the SGD.
Export price index is a measure of the average prices of a group of the goods that a country exports. The headline is the percentage change in the index from the previous month or year. It is generally preferable when the index is based on prices taken directly from the exporter. However, in the absence of national sources, data for wholesale prices are taken from world commodity markets and are converted into national currency at period average exchange rates. Changes in this figure represent either a change in the amount of sold goods or in the prices of the goods which might be caused by changing production costs. Export price index serves is an indicator of the economy's total demand for goods and services. Therefore it directly influences GDP.
Import price index is a measure of the average prices of the goods that a country imports. The headline is the percentage change in the index from the previous month or year. It is generally preferable when the index is based on prices taken directly from the importer. However, in the absence of national sources, data for wholesale prices are taken from world commodity markets and are converted into national currency at period average exchange rates. Changes in this figure represent either a changing foreign demand or a change in prices of foreign goods. Significant changes in foreign goods prices might affect inflation. Increasing index causes higher retail prices in the country. Import price index is an indicator of the economy's total supply of goods and services.
Measures the change in the price of goods and services purchased by consumers, excluding food and energy. The BoJ usually pays more attention to the core inflation data.
Confidence indicator is a measure of the mood of consumers or businesses. It is usually based on a survey during which respondents rate their opinion on different issues concerning current and future conditions. There are many kinds of confidence indicators as institutions measuring them use different questions,sizes of samples or frequency of publications.Consumers opinions are typically expressed with answers like: better, same,worse or positive, negative and unchanged. Results of such surveys are calculated by subtracting the negative replies from the positive ones. Business confidence indicator is closely linked to corporate spending and correlated with employment, consumption and investment. Therefore it is carefully watched as an indication of possible changes in the overall economic growth.A higher than expected reading should be taken as positive/bullish for the TRY , while a lower than expected reading should be taken as negative/bearish for the TRY.
Capacity utilization is a concept in economics and managerial accounting which refers to the extent to which an enterprise or a nation actually uses its installed productive capacity. Thus, it refers to the relationship between actual output that 'is' actually produced with the installed equipment, and the potential output which 'could' be produced with it, if capacity was fully used. A rull of thumb is, when capacity utilization is stable above 80%, in most cases rates will start going up. A higher than expected number should be taken as positive to the TRY while a lower than expected number as negative
The German Ifo Business Climate Index rates the current German business climate and measures expectations for the next six months. It is a composite index based on a survey of manufacturers, builders, wholesalers and retailers. The index is compiled by the Ifo Institute for Economic Research.
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 German Current Assessment rates current business conditions in Germany, without considering future expectations. It is a sub-index of the German Ifo Business Climate Index.
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.
German Business Expectations rates the expectations of businesses in Germany for the following six months. It is is a sub-index of the German Ifo Business Climate Index.
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 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 HKD, while a lower than expected reading should be taken as negative/bearish for the HKD.
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 HKD, 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 HKD, while a lower than expected number as negative.
The figures displayed in the calendar represent the average yield on the Bubill auctioned.
German Bubills have a maturity of up to 2 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 Bubill 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 Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment.
A higher than expected reading should be taken as negative/bearish for the MXN, while a lower than expected reading should be taken as positive/bullish for the MXN.
FGV Consumer confidence is based on surveys which are sent to citizens which rate their opinion on different issues concerning future and current conditions.The Consumer Expectations Survey produces indicators about consumer sentiment, such as: decisions about saving accounts and future expenses; pointers to the short-term path of the economy; evaluations and expectations about the local economic situation; the financial situation of the family, work prospects, and intention to purchase durable goods; Consumer`s Trust Index, Present Situation, and Expectations Index. A stronger than expected figure should be taken as a bullish signal to the BRL while a weaker than expected figure as bearish to the BRL.
The rate is defined as the number of persons unemployed (according to ILO definitions) in the reference week of the survey as a percent of the economically active population (PEA). The PEA itself is defined as the number ofpeople aged 12 or more employed in the reference week or unemployed and available for work and having actively sought work in the two months preceding the reference week. The PEA includes the self-employed and professionals membersof the armed forces but excludes conscripts.
Gertjan Vlieghe serves as a member of the Monetary Policy Committee (MPC) of the Bank of England. His public engagements are often used to drop subtle clues regarding future monetary policy.
The Focus Market Report provides weekly mean market expectations for inflation over following month, 12 months, and following year as well as expectations for Selic target rate, real GDP growth, net public sector debt/GDP, industrial production growth, current account, and trade balance, collected from over 130 banks, brokers, and funds managers.
The National Bank of Belgium (NBB) Business Climate Index measures the change in the level of confidence in business conditions. On the index, a level above zero indicates improving conditions, below indicates worsening conditions. The data is compiled from a survey of about 6,000 businesses which asks respondents to rate the current level of business conditions and expectations for the following six months.
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.
French BTF bills have maturities of up to 1 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 yield on the BTF 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.
French BTF bills have maturities of up to 1 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 yield on the BTF 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.
French BTF bills have maturities of up to 1 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 yield on the BTF 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.
New Home Sales measures the annualized number of new single-family homes that were sold during the previous month. This report tends to have more impact when it's released ahead of Existing Home Sales because the reports are tightly correlated.
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.
New Home Sales measures the change in percenatge of the new home sales, A new home sale is considered to be any deposit or contract signing either in the year the house was built or the year after it was built. A strong number would indicate a strong housing activity, and therefore a strong economy. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative
The Dallas Fed conducts the Texas Manufacturing Outlook Survey monthly to obtain a timely assessment of the state factory activity. Firms are asked whether output, employment, orders, prices and other indicators increased, decreased or remained unchanged over the previous month. Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase. When the share of firms reporting an increase exceeds the share of firms reporting a decrease, the index will be greater than zero, suggesting the indicator has increased over the prior month. If the share of firms reporting a decrease exceeds the share reporting an increase, the index will be below zero,suggesting the indicator has decreased over the prior month. An index will be zero when the number of firms reporting an increase is equal to the number of firms reporting a decrease.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 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.
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.
The figures displayed in the calendar represent the yield on the Treasury Note auctioned.
U.S. Treasury Notes have maturities of two to ten 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 rate on a Treasury Note represents the return an investor will receive by holding the note 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 ARS, while a lower than expected reading should be taken as negative/bearish for the ARS.
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 KRW, while a lower than expected reading should be taken as negative/bearish for the KRW.
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 KRW, while a lower than expected reading should be taken as negative/bearish for the KRW.
The Corporate Services Price Index (CSPI) measures the change in the price of goods sold by corporations. It is a leading indicator of consumer price inflation.
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.
The deficit or surplus is defined as revenue (plus grants received) less expenditure (less lending minus repayments). Surplus refers to the excess of total government revenues over total expenditures while deficit refers to the excess of total government expenditures over total revenues.
The definition for an unemployed person is: Persons (16-65 years) who were available for work (except for temporary illness) but did not work during the survey week, and who made specific efforts to find a job within the previous 4 weeks by going to an employment agency, by applying directly to an employer, by answering a job ad, or being on a union or professional register.The unemployment rate represents the number of unemployed persons expressed as a percentage of the labour force. The unemployment rate for a particular age/sex group is the number of unemployed in that group expressed as a percentage of the labour force for that group. A higher than expected reading should be taken as negative/bearish for the EUR , while a lower than expected reading should be taken as positive/bullish for the EUR.
The balance figures are obtained by deducting the weighted proportion of negative answers from that of positive answers. The positive balance figure for unemployment means that unemployment is estimated to go up. The consumer confidence indicator is the average of the balance figures for four questions
concerning the next 12 months: own and Finlands economy, households saving possibilities and unemployment (with changed sign). The balance figures and the confidence indicator can range between -100 and 100.
Confidence indicator is a measure of the mood of consumers or businesses. It is usually based on a survey during which respondents rate their opinion on different issues concerning current and future conditions. There are many kinds of confidence indicators as institutions measuring them use different questions, sizes of samples or frequency of publications.
EK business tendency surveys are part of the EU s harmonised system of business surveys. The surveys are carried out between the 1st and 25th of each month. Industrial confidence indicator is calculated from the responses of manufacturing executives to three questions: production expectations in the next few months, order books as well as (-) finished goods inventories compared to normal.
FX Reserves measures the foreign assets held or controlled by the country's 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 PHP, while a lower than expected number as negative.
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.A higher than expected reading should be taken as positive/bullish for the DKK , while a lower than expected reading should be taken as negative/bearish for the DKK.
Trade balance is the difference between the value of country's exports and imports, over a period of time. A positive balance (trade surplus) means that exports exceed imports, a negative one means the opposite.Positive trade balance illustrates high competitiveness of country's economy. This strengthens investor's interest in the local currency, appreciating its exchange rateA 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.
Housing loans include loans to households with collateral in the form of single-family dwellings, condominiums and tenant-owned apartments.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.
Bank of Japan (BOJ) Governor Haruhiko Kuroda (March 2013) is to speak. As head of the BOJ which sets short term interest rates, he has a major influence over the value of the JPY. Traders watch his speeches closely as they are often used to drop subtle hints regarding future monetary policy and interest rate shifts.
His comments may determine a short-term positive or negative trend.
M3 Money Supply measures the change in the total quantity of domestic currency in circulation and deposited in banks. An increasing supply of money leads to additional spending, which in turn leads to inflation.
Private Loans measures the change in the total value of new loans issued to consumers and businesses in the private sector.
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 Trade Balance measures the difference in value between imported and exported goods sand services, from and to Non-Eu countries, 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 EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Private Loans measures the change in the total value of new loans issued to non financial corporations. 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 definition for an unemployed person is: Persons (16-65 years) who were available for work (except for temporary illness) but did not work during the survey week, and who made specific efforts to find a job within the previous 4 weeks by going to an employment agency, by applying directly to an employer, by answering a job ad, or being on a union or professional register. The percentage number is calculated unemployed / (employed + unemployed).A higher than expected reading should be taken as negative/bearish for the EUR , while a lower than expected reading should be taken as positive/bullish for the EUR.
The figures displayed in the calendar represent the average yield on the Certificati del Tesoro Zero Coupon or CTZ auctioned.
Italian CTZ bills have maturities of up to two 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 CTZ 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 yield on the Treasury Gilt auctioned.
U.K. Treasury Gilts have maturities 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 rate on a Treasury Gilt represents the return an investor will receive by holding the note 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 Confederation of British Industry (CBI) Distributive Trades Survey (DTS) measures
the health of the retail sector. The reading is compiled from a survey of about 150 retail and wholesale companies. It includes measures of sales activity across the distributive trades. It is a leading indicator of consumer spending. The figure is the difference between the percentage of retailers reporting an increase in sales and those reporting a decrease.
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 Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figureBecause foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the BRL. 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 direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net outflows of investment from the reporting economy to the rest of the world and is divided by GDP. A higher than expected number should be taken as positive to the BRL, while a lower than expected number as negative.
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 MXN, while a lower than expected reading should be taken as negative/bearish for the MXN.
The Economic Activity Index provides an early estimate for real gross domestic (GDP) performance in Mexico.
A higher than expected reading should be taken as positive/bullish for the MXN, while a lower than expected reading should be taken as negative/bearish for the MXN.
The Economic Activity Index provides an early estimate for real gross domestic (GDP) performance in Mexico.
A higher than expected reading should be taken as positive/bullish for the MXN, while a lower than expected reading should be taken as negative/bearish for the MXN.
Trade balance, called also net export, is the difference between the value of country's exports and imports, over a period of time. A positive balance (trade surplus) means that exports exceed imports, a negativeone means the opposite. Positive trade balance illustrates high competitiveness of country's economy. This strengthens investors' interest in the local currency, appreciating its exchange rate.
The Hungarian National Bank Monetary Policy Committee's decision on where to set the benchmark interest 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 HUF, while a lower than expected rate is negative/bearish for the HUF.
Core Durable Goods Orders measures the change in the total value of new orders for long lasting manufactured goods, excluding transportation items. Because aircraft orders are very volatile, the core number gives a better gauge of ordering trends. A higher reading indicates increased manufacturing activity.
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.
Durable Goods Orders measures the change in the total value of new orders for long lasting manufactured goods, including transportation items.
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.
Manufacturers new orders for nondefense capital goods excluding aircrafts. Nondefense capital goods include among other things: small arms; farm machinery and equipment; construction machinery; turbines, generators and other power transmission equipment; electronic computers; communications equipment; heavy duty trucks; office and institutional furniture; and medical materials and supplies.
The Manufacturers Shipments, Inventories, and Orders survey provides broad- based, monthly statistical data on economic conditions in the domestic manufacturing sector.
A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
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.The Manufacturers Shipments, Inventories, and Orders (M3) survey provides broad-based, monthly statistical data on economic conditions in the domestic manufacturing sector. There are 89 separately tabulated industry categories in the M3 survey. These categories are groupings of the 473 manufacturing industries as defined in the 1997 North American Industry Classification System (NAICS) Manual. The monthly M3 estimates are based on information obtained from most manufacturing companies with $500 million or more in annual shipments. In order to strengthen the sample coverage in individual industry categories, the survey includes selected smaller companies. Value of Shipments - The value of shipments data in the M3 survey represents net selling values, f.o.b. plant, after discounts and allowances and excluding freight charges and excise taxes.
Reserve Bank of Australia (RBA) Assistant Governor Guy Debelle (since March 2007) is to speak. As a key adviser to RBA board members, who decide short term interest rates, Debelle has considerable influence over the value of the Australian dollar. Traders scrutinize his public engagements for clues regarding future monetary policy.
His comments may determine a short-term positive or negative trend.
The Redbook Index is a sales-weighted of year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9,000 stores. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.
The House Price Index (HPI) is a broad measure of the movement of single-family house prices, with mortgages backed by Fannie Mae or Freddie Mac. This report helps to analyze the strength of the US housing market, which helps to analysis the economy as a whole.
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 S&P/Case-Shiller House Price Index measures the change in the selling price of single-family homes in 20 metropolitan areas.
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 HPI is published by OFHEO using data provided by Fannie Mae and Freddie Mac. House price index is a statistic designed to reflect the average change of house prices across the country or a certain area. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative
The Case-Shiller index prices are measured monthly and tracks repeat sales of houses using a modified version of the weighted-repeat sales methodology proposed by Karl Case and Robert Shiller and Allan Weiss. This means that, to a large extent, it is able to adjust for the quality of the homes sold, unlike simple averages. As a monthly tracking index, Case-Shiller Index has long lag time. Typically, it takes about 2 months for S&P to publish the results, as opposed to 1 month for most other monthly indices and indicators. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.
OFHEO's House Price Index (HPI) is a measure designed to capture changes in the value of single-family homes in the U.S. as a whole, in various regions of the country. The HPI is published by OFHEO using data provided by Fannie Mae and Freddie Mac. House price index is a statistic designed to reflect the average change of house prices across the country or a certain area. It ensures that the relative importance of different property types in different regions remains fixed throughout the life of the index. Different adjustment must be used as no two houses are identical. Therefore characteristics such as physical attributes of a house or its location should be included in the calculation if the index. Rising house prices are likely to increase consumer confidence and consumer spending which lead to rising aggregate demand. This can have two effects. On one hand it causes higher economic growth. However, on the other hand, it might contribute to inflation. Increased consumer spending is usually aimed at imported goods thus higher house prices cause current account deficit.
House price index is a statistic designed to reflect the average change of house prices across the country or a certain area.It ensures that the relative importance of different property types in different regions remains fixed throughout the life of the index.Different adjustment must be used as no two houses are identical. Therefore characteristics such as physical attributes of a house or its location should be included in the calculation if the index. Rising house prices are likely to increase consumer confidence and consumer spending which lead to rising aggregate demand. This can have two effects. On one hand it causes higher economic growth. However, on the other hand, it might contribute to inflation. Increased consumer spending is usually aimed at imported goods thus higher house prices cause current account deficit.
Conference Board (CB) 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. Higher readings point to higher consumer optimism.
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 Richmond Manufacturing Index rates the relative level of business conditions including shipments, new orders, and employment. A level above zero on the index indicates improving conditions; below indicates worsening conditions. The data is compiled from a survey of about 100 manufacturers in the Richmond area.
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 Survey of Fifth District Manufacturing Activity - Business activity index. All firms surveyed are located within the Fifth Federal Reserve District, which includes the District of Columbia,
Maryland, North Carolina, South Carolina, Virginia, and Most of West Virginia.
Each index equals the precentage reporting increase minus the percentage reporting decrease.
The Survey of Fifth District Manufacturing Activity - Business activity index. All firms surveyed are located within the Fifth Federal Reserve District, which includes the District of Columbia,
Maryland, North Carolina, South Carolina, Virginia, and Most of West Virginia.
Each index equals the precentage reporting increase minus the percentage reporting decrease.
Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase. When the share of firms reporting an increase exceeds the share of firms reporting a decrease, the index will be greater than zero, suggesting the indicator has increased over the prior month. If the share of firms reporting a decrease exceeds the share reporting an increase, the index will be below zero, suggesting the indicator has decreased over the prior month. An index will be zero when the number of firms reporting an increase is equal to the number of firms reporting a decrease.
Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase. When the share of firms reporting an increase exceeds the share of firms reporting a decrease, the index will be greater than zero, suggesting the indicator has increased over the prior month. If the share of firms reporting a decrease exceeds the share reporting an increase, the index will be below zero, suggesting the indicator has decreased over the prior month. An index will be zero when the number of firms reporting an increase is equal to the number of firms reporting a decrease.
Monetary policy refers to the actions undertaken by a country's monetary authority, central bank or government to achieve certain national economic goals. It is based on the relationship between interest rates at which money can be borrowed and total supply of money. Policy rates are the most important rates within a country's monetary policy. These can be: deposit rates, lombard rates, rediscount rates, reference rates etc. Changing them influences economic growth, inflation, exchange rates and unemployment.
The figures displayed in the calendar represent the yield on the Treasury Note auctioned.
U.S. Treasury Notes have maturities of two to ten 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 rate on a Treasury Note represents the return an investor will receive by holding the note 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 American Petroleum Institute reports inventory levels of US crude oil, gasoline and distillates stocks. The figure shows how much oil and product is available in storage.The indicator gives an overview of US petroleum demand.
If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected.
If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected.
The Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict the consumer spending, which is a major part in the total economic activity. Higher readings point to higher consumer optimism.
A higher than expected reading should be taken as positive/bullish for the KRW, while a lower than expected reading should be taken as negative/bearish for the KRW.
The British Retail Consortium (BRC) Shop Price Index measures price changes in BRC-member retail outlets in the U.K.
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.
This report includes the BOJ's projection for inflation and economic growth. It is scheduled 8 times per year, about 10 days after the Monetary Policy Statement is released.
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 AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
The Trimmed Mean Consumer Price Index (CPI) measures the change in the price of goods and services purchased by consumers, excluding the most volatile 30% of items. This data helps illustrate underlying inflation trends.
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.
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 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 Weighted mean is calculated using the quarterly price changes of all CPI components, with the annual rates based on compounded quarterly calculations.
The Weighted mean is calculated using the quarterly price changes of all CPI components, with the annual rates based on compounded quarterly calculations.
The Weighted mean is calculated using the quarterly price changes of all CPI components, with the annual rates based on compounded quarterly calculations.
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.
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.
