Gross Domestic Product (QoQ)

Gross Domestic Product (GDP), released by Singapore Department of Statistics, measures summary value of goods and services generated in a relevant country or region. A region's Gross Domestic Product is one of the ways for measuring the size of its economy.

Gross Domestic Product (YoY)

Gross Domestic Product (GDP), released by Singapore Department of Statistics, measures summary value of goods and services generated in a relevant country or region. A region's Gross Domestic Product is one of the ways for measuring the size of its economy.

Consumer Inflation Expectation

The Consumer Inflation Expectation released by the Melbourne Institute presents the consumer expectations of future inflation during the next 12 months. The higher expectations, the stronger the effect they will have on a probability of a rate hike by the RBA. Therefore, a high reading should be taken as positive, or bullish, for the AUD, while a low expectations are seen as negative or bearish.

HSBC Manufacturing PMI

The HSBC Manufacturing Purchasing Managers Index (PMI) released by the Markit Economics is an early indicator of economic health in the Chinese manufacturing sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction. As the Chinese economy has influence on the global economy, this economic indicator would have an impact on the Forex market.

Bank of Japan Monthly Economic Survey

The BoJ Monthly Economic Survey released by the Bank of Japan presents a study of economic movements in Japan. It reviews economic developments inside and outside of Japan and indicate a sign of new fiscal policy. Any changes in this report tend to affect the JPY volatility. Normally, a high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish).

Consumer Price Index (YoY)

The Consumers Price Index (CPI), released by Statistics Singapore, measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. Consumer Price Index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

Markit Manufacturing PMI

The Manufacturing Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in France. A result above 50 signals is bullish for the Euro, whereas a result below 50 is seen as bearish.

Markit Services PMI

The Services Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic condition in France. A result above 50 signals is bullish for the Euro, whereas a result below 50 is seen as bearish.

Retail Sales (YoY)

The Retail Sales released by the Statistics Denmark is a measure of changes in sales of the Danish retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales. The changes are widely followed as an indicator of consumer spending. A high reading is seen as positive (or bullish) for the Danish Krone, while a low reading is seen as negative (or Bearish).

Markit Manufacturing PMI

The Manufacturing Purchasing Managers Index (PMI) released by the Markit economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in Germany. Normally, a result above 50 signals is bullish for the EUR, whereas a result below 50 is seen as bearish.

Markit Services PMI

The Services PMI released by the Markit Economics interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

Markit Manufacturing PMI

The Manufacturing Purchasing Managers Index (PMI) released by the Markit Economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in the Euro Zone. Usually a result above 50 signals is bullish for the EUR, whereas a result below 50 is seen as bearish.

Markit PMI Composite

The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on surveys of over 300 business executives in private sector manufacturing companies and also 300 private sector services companies. Data is usually released on the third working day of each month. Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month. From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).

Markit Services PMI

The PMI service released by the Markit Economics is an indicator of the economic situation in the Euro Zone services sector. It captures an overview of the condition of sales and employment. It is worth noting that the European service sector does not influence, either positively or negatively, the GDP as much as the PMI manufacturing does. Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually a result above 50 is bullish for the EUR, whereas a result below 50 is seen as bearish.

Retail Sales n.s.a (YoY)

The Retail Sales released by the National Institute of Statistics is a measure of changes in sales of the Italian retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales. The changes are widely followed as an indicator of consumer spending. A high reading is seen as positive (or bullish) for the Euro, while a low reading is seen as negative (or Bearish).

Retail Sales s.a. (MoM)

The Retail Sales released by the National Institute of Statistics is a measure of changes in sales of the Italian retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales. The changes are widely followed as an indicator of consumer spending. A high reading is seen as positive (or bullish) for the Euro, while a low reading is seen as negative (or Bearish).

Index of Services (3M/3M)

The Index of Services released by the National Statistics measures the monthly movements in gross value added for the service industries. It is worth noting that the UK service sector does not influence, either positively or negatively, the GDP as much as the Manufacturing sector does. Traders want the highest possible reading as that will be taken as positive for the GBP, while a low reading is negative.

Gross Domestic Product (QoQ)

The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).

Gross Domestic Product (YoY)

The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).

Total Business Investment (QoQ)

The Total Business Investment released by the National Statistics presents the total amount of capital expenditures made by private firms. A large business investment is indicative of overall growth and demand in the UK economy. Generally speaking, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or Bearish).

Total Business Investment (YoY)

The Total Business Investment released by the National Statistics presents the total amount of capital expenditures made by private firms. A large business investment is indicative of overall growth and demand in the UK economy. Generally speaking, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or Bearish).

5-y Bond Auction

Displayed in the calendar is the average yield on the Bonos del Tesoro auctioned by Ministerio de Economía y Hacienda. Spanish bonds have maturities of above two years. The yield on the bonos represents the return an investor will receive by holding the bond until maturity. Investors monitor the yield volatility and compare the average rate at auction to the rate at previous auctions of the same security as an indicator of the government debt situation.

3-y Bond Auction

Displayed in the calendar is the average yield on the Bonos del Tesoro auctioned by Ministerio de Economía y Hacienda. Spanish bonds have maturities of above two years. The yield on the bonos represents the return an investor will receive by holding the bond until maturity. Investors monitor the yield volatility and compare the average rate at auction to the rate at previous auctions of the same security as an indicator of the government debt situation.

Trade Balance non-EU

The Trade Balance released by the National Institute of Statistics is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the Euro. If a steady demand in exchange for Italian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the common currency.

Fed's Bullard speech

James Bullard is the President of the Federal Reserve Bank of St. Louis. Dr. Bullard took office on April 1, 2008, as the twelfth chief executive of the Eighth District Federal Reserve Bank, at St. Louis. He is currently serving a full term that began March 1, 2011. In 2013, he serves as a voting member of the Federal Open Market Committee.

Unemployment Rate

The Unemployment Rate released by the Instituto Brasileiro de Geografia e Estatisticais the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the South African economy. If the rate is up, it indicates a lack of expansion within the South African labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Rand, while an increase is seen as negative (or bearish).

Continuing Jobless Claims

The Counting Jobless Claims released by the US Department of Labor measure the number of individuals who are unemployed and are currently receiving unemployment benefits. It presents the strength in the labor market. A rise in this indicator has negative implications for consumer spending which discourage economic growth. Generally speaking, a high reading is seen as negative, or bearish for the USD, while a low reading is seen as positive, or bullish.

Initial Jobless Claims

The Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy. Generally speaking, a decreasing number should be taken as positive or bullish for the USD.

Markit Manufacturing PMI

The Manufacturing Purchasing Managers Index (PMI) released by the Markit Economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in the United States. Readings above 50 imply the economy is expanding, making investors understood it as a bullish for the USD, whereas a result below 50 points for an economic contraction, and weighs negatively on the currency.

1st half-month Core Inflation

The 1st half-month core inflation index released by the Bank of Mexico is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services, excluding taxes and energy. The purchase power of Mexican Peso is dragged down by inflation. The inflation index is a key indicator since it is used by the central bank to set interest rates. Generally speaking, a high reading is seen as positive (or bullish) for the Mexican Peso, while a low reading is seen as negative (or Bearish).

1st half-month Inflation

The 1st half-month core inflation index released by the Bank of Mexico is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of Mexican Peso is dragged down by inflation. The inflation index is a key indicator since it is used by the central bank to set interest rates. Generally speaking, a high reading is seen as positive (or bullish) for the Mexican Peso, while a low reading is seen as negative (or Bearish).

1st half-month Inflation

The 1st half-month core inflation index released by the Bank of Mexico is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of Mexican Peso is dragged down by inflation. The inflation index is a key indicator since it is used by the central bank to set interest rates. Generally speaking, a high reading is seen as positive (or bullish) for the Mexican Peso, while a low reading is seen as negative (or Bearish).

Housing Price Index (MoM)

The Housing Price Index released by the Office of Federal Reserve Housing Enterprise Oversight provides an estimated value of housing market conditions. It is an important indicator as the housing market is considered as a sensitive factor to the US economy. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

SARB Interest Rate Decision

The SARB Interest Rate Decision is announced by the South African Reserve Bank. If the SARB is hawkish about the inflationary outlook of the South African economy and rises the interest rates it is positive, or bullish, for the ZAR. Likewise, if the SARB has a dovish view on the economy and keeps the ongoing interest rate, or cuts the interest rate, it is seen as negative, or bearish.

New Home Sales (MoM)

The number of New Home Sales released by the US Census Bureau is an important measure of housing market conditions. House buyers spend money on furnishing and financing their homes so as a result the demand for goods, services and the employees is stimulated. Generally, a high reading is seen as bullish for the USD, whereas a low reading is seen as bearish.

New Home Sales Change (MoM)

The number of New Home sales released by the US Census Bureau is an important measure of housing market conditions. House buyers spend money on furnishing and financing their homes so as a result the demand for goods, services and the employees is stimulated. Generally, a high reading is seen as bullish for the USD, whereas a low reading is seen as bearish.

American Petroleum Institute Monthly Report

American Petroleum Institute Monthly Report contains timely interpretation and analysis of recent developments for major products, production, imports, refinery operations, and inventories - accompanied by API's estimates of these data for the most recent month and graphs of major series, including product deliveries, crude oil production, imports, refinery activity, and inventories for the past 24 months.

Consumer Confidence

The Consumer Confidence released by the European Commission is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

EIA Natural Gas Storage change

These data ara estimates derived from a computation process that uses both EIA (Energy Information Administration) monthly survey data and AGA (The American Gas Association) weekly survey data.

Kansas Fed manufacturing activity

The Federal Reserve Bank of Kansas City quarterly Survey of Manufacturers provides information on current manufacturing activity in the Tenth District (Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico, and western Missouri). The accumulated results also help trace longer term trends. The survey monitors about 300 manufacturing plants selected according to geographic distribution, industry mix, and size. Survey results reveal changes in several indicators of manufacturing activity, including production and shipments, and identify changes in prices of raw materials and finished products.The survey is conducted during the first month of each quarter. 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.

ECB President Draghi's Speech

The European Central Bank's president Mario Draghi was born in 1947 in Rome, Italy. Graduated of the Massachusetts Institute of Technology (MIT), Draghi became the president of the European Central Bank in 2011. As part of his job in the Governing Council he gives press conferences in the back of how the ECB observes the current European economy. President's comments may determine positive or negative the Euro's trend in the short-term. Usually, if he shows a hawkish outlook, that is seen as positive (or bullish) for the EUR, while a dovish is seen as negative (or bearish).

Trade Balance (YoY)

Trade balance, released by Statistics New Zealand, is the difference between the value of country's exports and imports, over a period of year. A positive balance means that exports exceed imports, a negative ones means the opposite. Positive trade balance illustrates high competitiveness of country's economy.

Trade Balance (MoM)

The Trade Balance released by the Statistics New Zealand is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Any variation in the figures influences the domestic economy. If a steady demand in exchange for exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the NZD.
Review Alex Nekritin's Article - Trading New Zealand Dollar with New Zealand Trade Balance

Exports

Exports of goods and services, released by Statistics New Zealand, consist of transactions in goods and services (purchases, barter, gifts or grants) from residents to non-residents.

Imports

Imports of goods and services, released by Statistics New Zealand, consist of transactions in goods and services (purchases, barter, gifts or grants) from non-residents to residents.

National CPI Ex-Fresh Food (YoY)

The National Consumer Price Index is released by the Statistics Bureau and it's a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services excluding fresh food. CPI is the most significant way to measure changes in purchasing trends. The purchase power of JPY is dragged down by inflation. Generally a high reading is seen as positive for the JPY.

Vesak Day

Banks will be closed due to Vesak Day.

MNI Business Sentiment Indicator

MNI China Business Sentiment Indicator, based on a monthly poll of Chinese business executives, tracks and predicts Chinese economic conditions, and provides important information ahead of official government data. Companies surveyed are listed on domestic stock markets or in Hong Kong, although some also have foreign listings. The survey sample includes roughly 75% manufacturing companies and 25% non-manufacturers.

Bank of Japan Governor Kuroda Speech

Bank of Japan Governor Haruhiko Kuroda will hold a press conference about monetary policies in Tokyo.

Gfk Consumer Confidence Survey

The GfK Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Generally speaking, a high reading is positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

Producer Price Index (YoY)

The Producer Price Index released by the Statistics Finland measures the average changes in prices in primary markets of Finland by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. Generally speaking, a high reading is seen as positive (or bullish) for the EUR, whereas a low reading is seen as negative (or bearish).

Gross Domestic Product n.s.a (YoY)

The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. A high reading or a better than expected number has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

Gross Domestic Product s.a (QoQ)

The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. A high reading or a better than expected number has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

Gross Domestic Product w.d.a (YoY)

The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. A high reading or a better than expected number has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

Export Prices (YoY)

The Export Price Index released by Statistics Finland informs of the changes in the price of Finnish export goods and services. A rise in prices is a threat over the mid-term as higher prices mean lower demands to be expected.

Import Prices (YoY)

The Import Price Index released by Statistics Finland informs the changes in the price of imported products into the Finland. The higher the cost of imported goods, the stronger the effect they will have on inflation, making a higher probability of a rate rise. Therefore, a high reading should be taken as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

Business Climate

The Business Climate released by INSEE is a survey of the current business condition in France. It indicates the performance of the overall French economy from a short-term perspective. Positive economic growth anticipates bullish movements for the Euro, whereas negative growth is seen as bearish.

Producer Price Index (YoY)

The Producer Price Index released by the Instituto Nacional de Estadistica measures the average changes in prices in primary markets of Spain by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. Generally speaking, a high reading is seen as positive (or bullish) for the Euro, whereas a low reading is seen as negative (or bearish).

Consumer Confidence (MoM)

The Consumer Confidence released by the National Institute of Economic Research is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the Sweish Krona, while a low reading is seen as negative (or bearish).

IFO - Business Climate

This German business sentiment index released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish).
Review Alex Nekritin's Article - Trading Euro with IFO Report

IFO - Current Assessment

The IFO Current Assessment released by the CESifo Group is closely watched as an indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish).
Review Alex Nekritin's Article - Trading Euro with IFO Report

IFO - Expectations

The IFO Expectations released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations for the next six months, where firms rate the future outlook as better, same, or worse. An optimistic view of those 7,000 business leaders and senior managers is considered as positive, or bullish for the EUR, whereas a pessimistic view is considered as negative, or bearish.
Review Alex Nekritin's Article - Trading Euro with IFO Report

Industrial Production (YoY)

The Industrial Production released by Statistics Austria shows the volume of production of Austrian industries such as factories and manufacturing. An uptrend is regarded as inflationary which may anticipate interest rates to rise. If high industrial production growth comes out, this may generate a positive sentiment (or bullish) for the Euro.

Retail Sales (YoY)

The Retail Sales released by the Central Statistical Office is a measure of changes in sales of the Polish retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales. The changes are widely followed as an indicator of consumer spending. A high reading is seen as positive (or bullish) for the Polish Zloty, while a low reading is seen as negative (or Bearish).

Foreign Arrivals

The Foreign Arrivals released by TurkStat measures the number of visitors to Turkey. As the tourism industry dominates a large part of the total GDP, the amount of arrivals are an important indicator of the overall economic condition. Normally, a high reading is seen as positive (or bullish) for the Lira, while a low reading is seen as negative (or bearish).

Unemployment (MoM)

The Unemployment Rate released by the Central Statistical Office is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Polish economy. If the rate is up, it indicates a lack of expansion within the Polish labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Polish Zloty, while an increase is seen as negative (or bearish).

Consumer Confidence

The Consumer Confidence released by the Istituto Nazionale di Statistica is a survey of the consumer opinions in Italy. It indicates the performance of the overall economy in a short-term view. A positive economic growth anticipates bullish movements for the EUR, whereas a negative growth is seen as bearish.

BBA Mortgage Approvals

The Mortgage Approvals published by the British Bankers' Association (BBA) measure the number of home loans issued by the BBA during the previous quarter. It is considered as a leading indicator of the UK Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall UK economy. Normally, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish).

Wage Inflation (MoM)

The Wage Inflation released by the National Institute of Statistics is an indicator of labor cost inflation and of the tightness of labor markets. A high reading is positive (or bullish) for the Euro, while a low reading is seen as negative (or bearish).

Wage Inflation (YoY)

The Wage Inflation released by the National Institute of Statistics is an indicator of labor cost inflation and of the tightness of labor markets. A high reading is positive (or bullish) for the Euro, while a low reading is seen as negative (or bearish).

CBI Distributive Trades Survey - Realized (MoM)

The CBI Distributive Trades Survey released by the Confederation of British Industry is an indicator of short-term trends in the UK retail and wholesale distribution sector. This survey tend to have an impact on the formulation of economic policy at the Bank of England and within Government. Usually, a high reading is seen as positive, or bullish for the GBP, while a low reading is seen as negative, or bearish.

German Buba President Weidmann speech

Dr Jens Weidmann is the president of the Deutsche Bundesbank. He is member of the Governing Council of the ECB and has some responsabilities: Communication, Legal, Economics Research Centre...

Durable Goods Orders

The Durable Goods Orders, released by the US Census Bureau, measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, such as motor vehicles and appliances. As those durable products often involve large investments they are sensitive to the US economic situation. The final figure shows the state of US production activity. Generally speaking, a high reading is bullish for the USD.

Durable Goods Orders ex Transportation

The Durable Goods Orders measures, released by the US Census Bureau, the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, excluding the transport sector. As those durable products often involve large investments they are sensitive to the US economic situation. Generally speaking, a high reading is bullish for the USD, while a low reading is seen as Bearish.

Jobless Rate

The Jobless Rate released by INEGI is the number of unemployed workers compared to all the active workers in the economy. If the number rises, it indicates a lack of expansion within the Mexican labor market and thus a weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Mexican Peso, while an increase is seen as negative (or bearish).

Jobless Rate s.a

The Jobless Rate figure released by INEGI is the number of unemployed workers in the economy. If the number rises, it indicates a lack of expansion within the Mexican labor market and thus a weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Mexican Peso, while an increase is seen as negative (or bearish).

Leading Indicator

The Leading Indicators released by the National Bank of Belgium measures future trends of the overall economic activity including industrial confidence, orders inflow/demand, tendency in manufacturing, and more. It is considered as a measure for economic stability in Belgium. This event generates some volatility for the Euro. Normally, a high reading is seen as positive (or bullish).

Accumulated Current Account/GDP

The current account, released by the Bank of Mexico is a net flow of current transactions, including goods, services and interest payments into and out of Mexico compared to GDP. A current account surplus indicates that the flow of capital into Mexico exceeds the capital reduction. A high reading is seen as positive (or bullish) for the Mexican Peso, whereas a low reading is seen as negative (or bearish).

Current Account, $ (QoQ)

The current account released by the Bank of Mexico is a net flow of current transactions, including goods, services and interest payments into and out of Mexico. A current account surplus indicates that the flow of capital into Mexico exceeds the capital reduction. A high reading is seen as positive (or bullish) for the Mexican Peso, whereas a low reading is seen as negative (or bearish).

Buddha Purnima

Banks will be closed due to Buddha Purnima.

Waisak Day

Banks will be closed due to Waisak Day.