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 SGD, while a lower than expected reading should be taken as negative/bearish for the SGD.
The HPI is based on transactions involving conventional and conforming mortgages - only on single-family properties.It is a weighted, repeat-sales index, which means that it measures average price changes in repeat sales or refinancings on the same properties.Percent change from a year earlier, 70 medium and large cities. It is a weighted average calculated by Thomson Reuters.A higher than expected reading should be taken as positive/bullish for the CNY , while a lower than expected reading should be taken as negative/bearish for the CNY.
Chinese Fixed Asset Investment measures the change in the total spending on non-rural capital investments such as factories, roads, power grids, and property.
A higher than expected reading should be taken as positive/bullish for the CNY, while a lower than expected reading should be taken as negative/bearish for the CNY.
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 CNY, while a lower than expected reading should be taken as negative/bearish for the CNY.
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 CNY, while a lower than expected reading should be taken as negative/bearish for the CNY.
The National Bureau of Statistics of China (NBS) press conference publishes statistics related to the economy, population and society of the People's Republic of China at the national and local levels.
The Chinese unemployment rate measures the percentage of the total urban work force that is unemployed and actively seeking employment during the reported month.
A higher than expected reading should be taken as negative/bearish for the CNY,
while a lower than expected reading should be taken as positive/bullish for the CNY.
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 CNY, while a lower than expected reading should be taken as negative/bearish for the CNY.
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 CNY, while a lower than expected reading should be taken as negative/bearish for the CNY.
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 THB, while a lower than expected reading should be taken as negative/bearish for the THB.
GDP is defined as the total value of goods and services produced within a territory during a specified period . GDP measures only final goods and services, that is those goods and services that are consumed by their final user, and not used as an input into other goods. The most common approach to measuring and understanding GDP is the expenditure method:
GDP = consumption + investment + exports - imports
Data is an estimate of New Zealand Government securities held on behalf of non-residents. Government bonds include the total of all Government bonds and inflation indexed bonds. Treasury bills include the total of all Treasury bills.The proportion held for non-residents is calculated from the amount of bonds in the market. The bonds in the market do not include bonds held by Reserve Bank of New Zealand or by the Earthquake Commission. The survey seeks to identify the nominal amount of New Zealand Government securities held on behalf of non-residents. Since March 1994 this includes any securities held under repurchase agreement (repos). Repurchase agreements (repos): Arrangements under which one institution sells securities at a specified price to another, together with an agreement that they, or similar securities, will be purchased back at a fixed price on a specified future date. When a New Zealand institution acquires securities through repos, or transactions that replicate repos, they should be reported.
The figures displayed in the calendar represent the yield on the JGB auctioned.
JGB's have maturities of 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 JGB 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.
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 CHF, while a lower than expected reading should be taken as negative/bearish for the CHF.
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.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.
Frank Elderson, member of the Executive Board and Vice-Chair of the Supervisory Board of the European Central Bank, is set to speak. His speeches often contain indications related to the future possible direction of monetary policy.
The Italian Trade Balance measures the difference in value between imported and exported goods during the reported month.
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 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.
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.
Dr Catherine L Mann serves as a member of the Monetary Policy Committee (MPC) of the Bank of England. Her public engagements are often used to drop subtle clues regarding future monetary policy.
The IGP-10 Inflation Rate measures the change in the price of goods and services from last month's 11th day to the current month's 10th. A higher than expected reading should be taken as negative/bearish for the BRL, while a lower than expected reading should be taken as positive/bullish for the BRL.
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 IBC-Br is widely considered to reflect gross domestic product data. It is the Index of Economic Activity of the Central Bank in BrazilA 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.
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 consumer price index (CPI) is a measure of change in the general level of prices of goods and services bought by households over a specified period of time. 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 is used as a measurement of inflation and is a key economic figure. Likely impact:
1) Interest Rates: Larger-than-expected quarterly increase in price inflation or increasing trend is considered inflationary; this will cause bond prices to drop and yields and interest rates to rise.
2) Stock Prices: Higher than expected price inflation is bearish on the stock market as higher inflation will lead to higher interest rates.
3) Exchange Rates: High inflation has an uncertain effect. It would lead to depreciation as higher prices mean lower competitiveness. Conversely, higher inflation causes higher interest rates and a tighter monetary policy that leads to an appreciation.
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 CLP, while a lower than expected reading should be taken as negative/bearish for the CLP.
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.
The National Association of Home Builders (NAHB) Housing Market Index (HMI) rates the relative level of current and future single-family home sales. The data is compiled from a survey of around 900 home builders. A reading above 50 indicates a favorable outlook on home sales; below indicates a negative outlook.
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.
Treasury International Capital (TIC) Net Long-Term Transactions measures the difference in value between foreign long-term securities purchased by U.S. citizens and U.S. long-term securities purchased by foreign investors. Demand for domestic securities and currency demand are directly linked because foreigners must buy the domestic currency to purchase the nation's securities.
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.
Net purchases of U.S treasury bonds & notes by major foreign sector. (Negative figures indicate net sales by foreigners to U.S residents or a net outflow of capital from the United States.) 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.
This indicator shows the Sum of [(U.S. securities + Foreign stocks and bonds (Negative figures indicate net sales by foreigners to U.S residents or a net outflow of capital from the United States.) Minus estimated unrecorded principal repayments to foreigners on domestic corporate and agency asset-backed securities + estimated foreign acquisitions of U.S. equities through stock swaps - estimated U.S. acquisitions of foreign equities through stock swaps + increase in nonmarketable Treasury Bonds and Notes Issued to Official Institutions and Other Residents of Foreign Countries)+(monthly changes in banks' and broker/dealers' custody liabilities.)+(TIC, Change in Banks' Own Net Dollar- Denominated Liabilities)] TIC data cover most components of international financial flows, but do not include data on direct investment flows, which are collected and published by the Department of Commerce's Bureau of Economic Analysis.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.
TIC Net Long-Term Transactions number is the sum of gross purchases by foreigners from US residents minus gross sales by foreigners to US residents. The components used to calculate long term flows are US Treasury bonds and notes, US government agency bonds, US corporate bonds, US corporate stocks, foreign bonds and foreign stocks. (TIC signifies: Treasury International Capital Flows). A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.
Producer Price Index (PPI) Input measures the change in the price of goods and raw materials purchased by manufacturers. The index is a leading indicator of consumer price inflation.
A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
Producer Price Index (PPI) Output measures the change in the price of goods sold by manufacturers.
A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
This release provide information on the number and value of electronic card transactions with New Zealand-based merchants. Data include transactions using debit (eftpos), credit, and charge cards. Transactions by overseas cardholders in New Zealand are included; transactions by New Zealand cardholders overseas are excluded. The figure gives hint of strength in the retail sector and influences interest rate decisions.
A reading that is stronger than forecast is generally supportive (bullish) for the NZD, while a weaker than forecast reading is generally negative (bearish) for the NZD.
This release provide information on the number and value of electronic card transactions with New Zealand-based merchants. Data include transactions using debit (eftpos), credit, and charge cards. Transactions by overseas cardholders in New Zealand are included; transactions by New Zealand cardholders overseas are excluded. The figure gives hint of strength in the retail sector and influences interest rate decisions.
A reading that is stronger than forecast is generally supportive (bullish) for the NZD, while a weaker than forecast reading is generally negative (bearish) for the NZD.
Gross Domestic Product (GDP) measures the 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 JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
The Gross Domestic Product (GDP) Price Index measures the change in the price of all goods and services included in GDP. It is the broadest measure of inflation and is the primary indicator the Bank of Japan uses to gauge 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.
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 JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measureof national economic well-being but expressed in volume (adjusted for inflation)it is the closest single number we have got to such a measure. It is the sum of final expenditures Export of goods and services, Imports of goods and services,Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocks. The difference between Gross National Product and Gross Domestic Product is the Net Factor Income/Payments abroad.
Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measureof national economic well-being but expressed in volume (adjusted for inflation)it is the closest single number we have got to such a measure. It is the sum of final expenditures Export of goods and services, Imports of goods and services,Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocks. The difference between Gross National Product and Gross Domestic Product is the Net Factor Income/Payments abroad.
Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measureof national economic well-being but expressed in volume (adjusted for inflation)it is the closest single number we have got to such a measure. It is the sum of final expenditures Export of goods and services, Imports of goods and services,Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocks. The difference between Gross National Product and Gross Domestic Product is the Net Factor Income/Payments abroad.
