Buddha Purnima

Banks will be closed due to Buddha Purnima.

Waisak Day

Banks will be closed due to Waisak Day.

Bank of Japan Governor Kuroda Speech

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

Consumer Sentiment Index

The Consumer Sentiment Index released by the Bank of Korea is a leading survey that measures the level of consumer confidence in economic activity. A high level of consumer sentiment stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the Korean Won, while a low reading is seen as negative (or bearish).

BoJ Monetary Policy Meeting Minutes

The Bank of Japan publishes a study of economic movements in Japan after the actual meeting. These meetings are held to review 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. Generally speaking, if the BoJ minutes show a hawkish outlook, that is seen as positive (or bullish) for the JPY, while a dovish outlook is seen as negative (or bearish).

Memorial Day

Banks will be closed due to Memorial Day bank holiday.

Spring Bank Holiday

Spring Bank Holiday

Consumer Confidence

The Consumer Confidence released by the Statistics Finland 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).

Industrial Confidence

The Industry Confidence released by the Confederation of Finnish Industries shows the opinion of manufacturing executives regarding production expectations, order books and finished goods inventories. A high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

Retail Sales (MoM)

The Retail Sales released by the SCB - Statistics Sweden is a measure of changes in sales of the Swedish 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 Krona, while a low reading is seen as negative (or Bearish).

Retail Sales (YoY)

The Retail Sales released by the SCB - Statistics Sweden is a measure of changes in sales of the Swedish 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 Krona, while a low reading is seen as negative (or Bearish).

Labour Force Survey

The Unemployment Rate released by the Statistics Norway is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Norwegian economy. If the rate is up, it indicates a lack of expansion within the Norwegian 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 Norwegian krone, while an increase is seen as negative (or bearish).

Manufacturing Confidence

The Manufacturing Confidence released by the Central Bank of Turkey shows the opinion of manufacturing executives regarding production expectations, order books and finished goods inventories. A high reading is seen as positive (or bullish) for the Lira, while a low reading is seen as negative (or bearish).

Capacity Utilization

The Capacity Utilization released by TurkStat is the percentage of the Turkish production capacity which is actually used over the short-time period. It is indicative of overall growth and demand in the Turkish economy. A high capacity utilization stimulates inflationary pressures. Generally speaking, a high reading is seen as positive (or bullish) for the Lira, while a low reading is seen as negative (or Bearish).

Trade Balance s/a, $

The Trade Balance s/a released by INEGI 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 Mexican Peso. If a steady demand in exchange for Mexican exports is seen, that would turn into a positive growth in the trade balance which should be positive (or bullish) for the Peso.

Trade Balance, $

The Trade Balance released by INEGI 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 Mexican Peso. If a steady demand in exchange for Mexican exports is seen, that would turn into a positive growth in the trade balance which should be positive (or bullish) for the Peso.

Corporate Service Price (YoY)

The Corporate Service Price Index (CSPI) released by the Bank of Japan measures the prices of services traded among companies. It presents price developments that reflect most sensitively the supply and demand conditions in the services market. It is also considered as an indicator for inflationary pressures. Normally, a high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish).