Purchasing Manager Index Manufacturing Link

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

Imports Link

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

Exports Link

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

Retail Sales s.a. (MoM) Link

The Retail Sales released by the Australian Bureau of Statistics is a survey of goods sold by retailers is based on a sampling of retail stores of different types and sizes and it''s considered as an indicator of the pace of the Australian economy. It shows the performance of the retail sector over the short and mid-term. Positive economic growth anticipates bullish trends for the AUD, while a low reading is seen as negative or bearish.

Trade Balance Link

The trade balance released by the Australian Bureau of Statistics is the difference in the value of its imports and exports of Australian goods. Export data can give an important reflection of Australian growth, while imports provide an indication of domestic demand. Trade Balance gives an early indication of the net export performance. If a steady demand in exchange for Australian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the AUD.
Review Alex Nekritin's Article - Trading the Aussie with Australia Trade Balance

10-y Bond Auction Link

Displayed in the calendar is the average yield on the bonds auctioned by the Ministry of Finance of Japan. The yield on the bonds represents the return an investor will receive by holding the bond until maturity.

RBA Interest Rate Decision Link

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

RBA Rate Statement Link

Decisions regarding this interest rate are made by the Reserve Bank Board, and are explained in a media release which announces the decision at 2.30 pm after each Board meeting.

SECO Consumer Climate (3m) Link

The SECO Consumer Climate released by the State Secretariat for Economic Affairs SECO shows trends in Consumer Climate. It is considered as an important indicator of inflation. A high reading is seen as positive (or bullish) for the CHF, while a low reading is seen as negative (or bearish).

RBA Commodity Index SDR (YoY) Link

The RBA Commodity Price SDR released by the Reserve Bank of Australia is considered as an early indicator of export price changes. The price changes influence GDP and exchange rates. An increase in prices may indicate strength of the AUD, while a decrease in prices may indicate weakness of the AUD. A high reading is seen as bullish for the AUD, whereas a low reading is seen as bearish.

Budget Link

The Budget Balance released by MINEFA is the difference between income and expenditure at the end of the budget's period . If the amount is positive then the balance shows a surplus, to the contrary, if it is negative, the balance is in deficit, therefore unveiling borrowing needs. Generally, a surplus is seen as positive (or bullish) for the Euro and a deficit is seen as negative (or bearish).

Producer Price Index (YoY) Link

The Producer Price Index released by the Hungarian Central Statistical Office, measures the average changes in prices in primary markets of Hungary 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 Florint, whereas a low reading is seen as negative (or bearish).

Producer Price Index (MoM) Link

The Producer Price Index released by TurkStat measures the average changes in prices in primary markets of Turkey 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 Lira, whereas a low reading is seen as negative (or bearish).

Producer Price Index (YoY) Link

The Producer Price Index released by TurkStat measures the average changes in prices in primary markets of Turkey 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 Lira, whereas a low reading is seen as negative (or bearish).

Consumer Price Index (YoY) Link

The Consumer Price Index released by TurkStat 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 the Lira is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the Lira, while a low reading is seen as negative (or bearish).

Consumer Price Index (MoM) Link

The Consumer Price Index released by TurkStat 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 the Lira is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the Lira, while a low reading is seen as negative (or bearish).

Unemployment Change Link

The Unemployment Survey released by the Spanish Government shows the number of unemployed workers added during the previous month. It is a leading indicator for the Spanish economy. If the number is negative, it indicates an expansion within the labor market. An increase in the figure is seen as negative (or bearish) for the Euro, while an decrease is seen as positive (or bullish).

Fipe's IPC Inflation Link

The IPC Inflation released by the Instituto Brasileiro de Geografia e Estatistica 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 the BRL is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the BRL, while a low reading is seen as negative (or Bearish).

Exports Link

Exports released by TurkStat is a measure of the total goods and services exported out of Turkey. A steady demand for Turkish exports helps to support growth in the trade surplus, which should be positive (or bullish) for the Lira.

Producer Price Index (YoY) Link

The Producer Price Index (PPI) released by the Eurostat is an index that measures the change in prices received by domestic producers of commodities in all stages of processing (crude materials, intermediate materials, and finished goods). Generally, a high reading is seen positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

Producer Price Index (MoM) Link

The Producer Price Index (PPI) released by the Eurostat is an index that measures the change in prices received by domestic producers of commodities in all stages of processing (crude materials, intermediate materials, and finished goods). Generally, a high reading is seen positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

Business Confidence Index Link

The Business Confidence Index published by the South African Chamber of Commerce & Industry captures the sentiment of the business community. Respondents deal with their businesses' spending, employment, consumption and investment situation. It is followed as it flags potential changes in economic growth. Generally, a high reading is seen as positive (or bullish) for the Rand, while a low reading is negative (or bearish).

Industrial Output (MoM) Link

The Industrial Output released by the Instituto Brasileiro de Geografia e Estatistica shows the volume of production of Brazilian industries such as factories and manufacturing. 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 BRL.

Industrial Output (YoY) Link

The Industrial Output released by the Instituto Brasileiro de Geografia e Estatistica shows the volume of production of Brazilian industries such as factories and manufacturing. 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 BRL.

Interest rate decision Link

Interest Rate Decision is announced by National Bank of Romania. 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.

Redbook Index (YoY) Link

The Johnson Redbook Index, released by Redbook Research Inc., 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. By Dollar value, the index represents over 80% of the equivalent "official" retail sales series collected and published by the US Department of Commerce.

Redbook Index (MoM) Link

The Johnson Redbook Index, released by Redbook Research Inc., 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. By dollar value, the index represents over 80% of the equivalent "official" retail sales series collected and published by the US Department of Commerce.

Markit Manufacturing PMI Link

Markit Manufacturing PMI, released by Markit Economics, is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 industrial companies. An index reading above 50.0 indicates an overall increase in that variable, below 50.0 an overall decrease. All data is seasonally adjusted.

ISM-NY Business Conditions Index Link

ISM-NY Business Conditions Index, released by NAPM-New York, assesses business conditions among manufacturers and non-manufacturing firms/organizations doing business in the New York area. The survey results are compiled into three summary measures for: (1) all industries, (2) manufacturing firms, and (3) non-manufacturing establishments. The survey results are compiled as diffusion indexes, which are calculated by taking the percentage of the respondents answering higher plus one-half of the percentage of respondents who answer same or no change. A higher than expected reading should be taken as positive for the local economy, while a lower than expected reading should be taken as negative.

IBD/TIPP Economic Optimism (MoM) Link

The Economic Optimism Index, released by The Investor's Business Daily (IBD) TechnoMetrica Institute of Policy and Politics (TIPP), measures the sentiment of consumers related to economic conditions. The report is based on a monthly survey where near to 1000 nationwide adults evaluate their economic outlook for the next six months, personal financial perspectives and their confidence in federal economics policies. If consumers are optimistic they will purchase more goods and services which will involve growth in domestic demand and stimulation to the economy. A reading above 50 indicates optimism, below 50 is pessimism.

Factory Orders (MoM) Link

The Factory orders released by the US Census Bureau is a measure of the total orders of durable and non durable goods such as shipments (sales), inventories and orders at the manufacturing level which can offer insight into inflation and growth in the manufacturing sector. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

GDT Price Index Link

The GDT Price Index, released by Global Dairy Trade, uses a weighted-average of the percentage changes in prices. GDT Price Indices are used to avoid the bias of a simple weighted average price, and to give a more accurate reflection of the price movements between trading events.

Currency Reserves Link

The Currency Reserves released by the Nationalbank of Denmark present changes in the value of official reserve assets reflecting purchases and sales (including swaps) of foreign exchange by the Central Bank, earnings on foreign securities, and transactions with official institutions overseas. A high reading is is seen as positive (or bullish) for the Danish Krone, while a low reading is seen as negative (or Bearish).

API Weekly Crude Oil Stock Link

API’s Weekly Statistical Bulletin (WSB) has reported total U.S. and regional data relating to refinery operations and the production of the four major petroleum products: motor gasoline, kerosene jet fuel, distillate (by sulfur content), and residual fuel oil. These products represent more than 85% of total petroleum industry.

FX Reserves Link

The FX reserves released by the Bank of Korea presenst the assets the central bank holds in reserve. FX reserves can be a precautionary measure for countries susceptible to financial crisis. It can also be used to manipulate exchange rates.  A high reading is is seen as positive (or bullish) for the Korean Won, while a low reading is seen as negative (or bearish).

AiG Performance of Construction Index Link

Based on 120 interviews to companies, the HIA/AiG Performance of Construction Index, released by the Australian Industry Group and the Housing Industry Association, is considered as an indicator that measures the conditions on the short and medium term in the construction market. Companies answer questions related to production, employment, prices supplier deliveries, inventories and new orders. A high reading is seen as positive, or bullish for the AUD, while a low reading is seen as negative, or bearish.

Labour Cost Index (YoY) Link

The labour cost index (LCI), released by Statistics New Zealand, measures changes in salary and wage rates for a fixed quantity and quality of labour input. Service increments, merit promotions, and increases (or decreases) relating to performance of the individual employee are not shown in the index.

Participation Rate Link

The participation rate, released by Statistics New Zealand, is the percentage of the total number of people of labour-force age (15 years and over) that is in the labour force (either working or looking for a job).

Labour Cost Index (QoQ) Link

The labour cost index (LCI), released by Statistics New Zealand, measures changes in salary and wage rates for a fixed quantity and quality of labour input. Service increments, merit promotions, and increases (or decreases) relating to performance of the individual employee are not shown in the index..

Employment Change Link

The Employment Change released by the Statistics New Zealand is a measure of the change in the number of employed people in New Zealand. Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth. A high reading is seen as positive (or bullish) for the NZ dollar, while a low reading is seen as negative (or bearish).

Unemployment Rate Link

The Unemployment Rate released by the Statistics New Zealand is the number of unemployed workers divided by the total civilian labor force. If the rate is up, it indicates a lack of expansion within the New Zealand labor market. As a result, a rise leads to weaken the New Zealand economy. A decrease of the figure is seen as positive (or bullish) for the NZD, while an increase is seen as negative (or bearish).

Commonwealth Bank Composite PMI Link

The PMI monthly Composite Reports on Manufacturing and Services, released by the Commonwealth Bank of Australia and Markit Economics, are based on a large number of business executives in private sector manufacturing and 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).

Commonwealth Bank Services PMI Link

The PMI service released by both the Commonwealth Bank of Australia and the Markit Economics is an indicator of the economic situation in the Australian services sector. It captures an overview of the condition of sales and employment. Traders want the highest possible reading as that will be taken as positive for the AUD. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

JP Foreign Reserves Link

Foreign-exchange reserves, released by Ministry of Finance, in a strict sense are 'only' the foreign currency deposits and bonds held by central banks and monetary authorities. However, the term in popular usage commonly includes foreign exchange and gold, special drawing rights (SDRs), and International Monetary Fund (IMF) reserve positions. This broader figure is more readily available, but it is more accurately termed official international reserves or international reserves. These are assets of the central bank held in different reserve currencies.

Nikkei Manufacturing PMI Link

The PMI released by the Markit Economics is an indicator of the economic situation in Hong Kong. It captures an overview of the condition of sales and employment. Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually a result above 50 is bullish, whereas a result below 50 is seen as bearish.

Jibun Bank Services PMI Link

The Jibun Bank 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 conditions in Japan. A result above 50 signals is bullish for the JPY, whereas a result below 50 is seen as bearish.

ANZ Commodity Price Link

ANZ Commodity Price released by the ANZ National Bank is considered as an early indicator of export price changes. The price changes influence GDP and exchange rates. An increase in prices may indicate strength of the NZD, while a decrease in prices may indicate weakness of the NZD. A high reading is seen as bullish for the NZD, whereas a low reading is seen as bearish.

Home Loans Link

The Home Loans released by the Australian Bureau of Statistics presents the number of home loans. It indicates the housing market trend in Australia and a level of consumer confidence as large housing loans are taken out. A high reading is seen positive (or bullish) for the AUD, while a low reading is seen negative (or bearish).

Investment Lending for Homes Link

The investment lending for homes released by the Australian Bureau of Statistics measures number of fixed loans. A high reading anticipates growth in the Australian economy, and that is said to be positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).

Caixin Services PMI Link

The Caixin Services PMI™ is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy.

Gross Domestic Product (YoY) Link

The Gross Domestic Product released by the Statistics Indonesia is a measure of the total value of all goods and services produced by Indonesia. The GDP is considered as a broad measure of economic activity and health. Generally speaking, a high reading is seen as positive (or bullish) for the Rupiah, while a negative trend is seen as negative (or bearish).

Gross Domestic Product (QoQ) Link

The Gross Domestic Product released by the Statistics Indonesia is a measure of the total value of all goods and services produced by Indonesia. The GDP is considered as a broad measure of economic activity and health. Generally speaking, a high reading is seen as positive (or bullish) for the Rupiah, while a negative trend is seen as negative (or bearish).

Retail Sales (MoM) Link

Retail sales data, released by Singapore of Department Statistics, represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. Rising retail sales indicate stronger economic growth. However, if the increase is larger than the forecast it may be inflationary.

Retail Sales (YoY) Link

Retail sales data, released by Singapore of Department Statistics, represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. Rising retail sales indicate stronger economic growth. However, if the increase is larger than the forecast it may be inflationary.

Purchasing Manager Index Services Link

The PMI service released by the Markit Economics is an indicator of the economic situation in the Russian Federation services sector. It captures an overview of the condition of sales and employment.   Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually a result above 50 is bullish for the Ruble, whereas a result below 50 is seen as bearish.

Retail Sales (YoY) Link

The retail Sales released by the Czech Statistical Office measures the total receipts of retail stores. Monthly percent changes reflect the rate of changes of such sales. Changes in Retail Sales are widely followed as an indicator of consumer spending. Generally speaking, a high reading is seen as positive, or bullish for the Czech Koruna, while a low reading is seen as negative or bearish.

Retail Sales (YoY) Link

The retail Sales released by the Hungarian Central Statistical Office, measures the total receipts of retail stores. Monthly percent changes reflect the rate of changes of such sales. Changes in Retail Sales are widely followed as an indicator of consumer spending. Generally speaking, a high reading is seen as positive, or bullish for the Florint, while a low reading is seen as negative or bearish.

Markit Services PMI Link

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

Industrial Production Value (MoM) Link

The Industrial Production Value released by the SCB - Statistics Sweden shows the volume of production of Swedish industries such as factories and manufacturing. 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 Swedish Krona.

Industrial Production Value (YoY) Link

The Industrial Production Value released by the SCB - Statistics Sweden shows the volume of production of Swedish industries such as factories and manufacturing. 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 Swedish Krona.

New Orders Manufacturing (YoY) Link

The New Orders Manufacturing released by the SCB - Statistics Sweden captures the value of new contracts for goods in the manufacturing sector. An increasing number of new orders predicts enhanced production and a growth in the GDP. Normally, a high reading is seen as positive (or bullish) for the Krona, while a low reading is seen as negative (or bearish).

Markit Services PMI Link

The Services PMI released by the Markit Economics is an indicator of the economic situation in Italian services sector. It captures an overview of the condition of sales and employment. Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually, a result above 50 is bullish for the Euro, whereas a result below 50 is seen as bearish.

Markit Services PMI Link

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.

Markit PMI Composite Link

The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and 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 Link

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 PMI Composite Link

The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and 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 Link

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.

Markit PMI Composite Link

The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and 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 Link

The PMI service released by both the Chartered Institute of Purchasing & Supply and the Markit Economics is an indicator of the economic situation in the UK services sector. It captures an overview of the condition of sales and employment. It is worth noting that the UK service sector does not influence, either positively or negatively, the GDP as much as the Manufacturing PMI does. Traders want the highest possible reading as that will be taken as positive for the GBP. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

Retail Sales (MoM) Link

The Retail Sales released by the Eurostat is a measure of changes in sales of the Euro zone 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. Usually, the positive economic growth anticipates "Bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR.

Retail Sales (YoY) Link

The Retail Sales released by the Eurostat is a measure of changes in sales of the Euro zone 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. Usually, the positive economic growth anticipates "Bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR.

Unemployment Rate Link

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

10-y Bond Auction Link

Displayed in the calendar is the average yield on the bonds auctioned by UK Debt Management Office (DMO). The yield on the bonds represents the return an investor will receive by holding the bond until maturity.

MBA Mortgage Applications Link

The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

Consumer Confidence Link

The Consumer Confidence released by INEGI 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 Mexican Peso, while a low reading is seen as negative (or bearish).

Consumer Confidence s.a Link

The Consumer Confidence released by INEGI is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence indicates economic expansion while a low level points to a downturn. A high reading is seen as positive (or bullish) for the Mexican Peso, while a low reading is seen as negative (or bearish).

Consumer Price Index (MoM) Link

The Consumer Price Index released by the Federal State Statistics Service 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 Russian Ruble is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the Russian Ruble, while a low reading is seen as negative (or Bearish).

BoJ's Governor Kuroda speech Link

Bank of Japan Governor Haruhiko Kuroda will hold a press conference about monetary policies in Tokyo. Mr Kuroda exercises general control over the Bank's business. He is in charge of the Internal Auditors' Office.

ADP Employment Change Link

The Employment Change released by the Automatic Data Processing, Inc, Inc is a measure of the change in the number of employed people in the US. Generally speaking, a rise in this indicator has positive implications for consumer spending, stimulating economic growth. So a high reading is traditionally seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.

Imports Link

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

Exports Link

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

International Merchandise Trade Link

The International Merchandise Trade released by the Statistics Canada is the difference in the value of its imports and exports of Canadian goods excluding intangibles like services. Export data can give an important reflection of Canadian growth as tangible goods like oil, gold and manufacturing dominate a large part of Canada 's GDP. If a steady demand in exchange for Canadian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the CAD.

Trade Balance Link

The Trade Balance released by the Bureau of Economic Analysis and the U.S. Census Bureau 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 USD. If a steady demand in exchange for US exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the USD.<

Markit PMI Composite Link

The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and 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 Link

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 US. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.

ISM Non-Manufacturing Employment Index Link

The ISM Non-Manufacturing PMI released by the Institute for Supply Management (ISM) shows business conditions in the US non-manufacturing sector, taking into account expectations for future production, new orders, inventories, employment and deliveries. It is a significant indicator of the overall economic condition in the US. The ISM Non-Manufacturing Employment Index represents business sentiment regarding labor market conditions and is considered a strong Non-Farm Payrolls leading indicator. A result above 50 is positive (or bullish) for the USD.

ISM Non-Manufacturing New Orders Index Link

The ISM Non-Manufacturing PMI released by the Institute for Supply Management (ISM) shows business conditions in the US non-manufacturing sector, taking into account expectations for future production, new orders, inventories, employment and deliveries. It is a significant indicator of the overall economic condition in the US. The ISM Non-Manufacturing New Orders Index represents business sentiment regarding future market conditions. A result above 50 is positive (or bullish) for the USD.

ISM Non-Manufacturing Prices Paid Link

The ISM Non-Manufacturing PMI released by the Institute for Supply Management (ISM) shows business conditions in the US non-manufacturing sector, taking into account expectations for future production, new orders, inventories, employment and deliveries. It is a significant indicator of the overall economic condition in the US. The ISM Prices Paid represents business sentiment regarding future inflation. A high reading is seen as positive for the USD, while a low reading is seen as negative.

ISM Non-Manufacturing PMI Link

The ISM Non-Manufacturing Index released by the Institute for Supply Management (ISM) shows business conditions in the US non-manufacturing sector. It is worth noting that the non-manufacturing sector does not influence, either positively or negatively, the GDP as much as the ISM Manufacturing does. A result above 50 is positive (or bullish) for the USD.

EIA Crude Oil Stocks Change Link

The EIA Crude Oil stockpiles report is a weekly measure of the change in the number of barrels in stock of crude oil and its derivates, and it's released by the Energy Information Administration. This report tends to generate large price volatility, as oil prices impact on worldwide economies, affecting the most, commodity related currencies such as the Canadian dollar. Despite it has a limited impact among currencies, this report tends to affect the price of oil itself, and, therefore, had a more notorious impact on WTI crude futures.

Interest Rate Decision Link

The Interest Rate Decision is announced by the Central Bank of Brazil. If the bank is hawkish about the inflationary outlook of the economy and rises the interest rates, it is seen as positive, or bullish, for the BRL, while a dovish outlook for the economy (or a rate cut) is seen as negative, or bearish, for the currency.

Current Account Balance Link

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

Foreign Investment in Japan Stocks Link

Securities investment, released by Ministry of Finance, referrers to bonds issued in a domestic market by a foreign entity in the domestic market’s currency. The report is released by the Ministry of Finance, detailing the flows from the public sector excluding Bank of Japan. The net data shows the difference of capital inflow and outflow. A positive difference indicates net sales of foreign securities by residents (capital inflow), and a negative difference indicates net purchases of foreign securities by residents (capital outflow).

Foreign Bond Investment Link

Securities investment, released by Ministry of Finance, referrers to bonds issued in a domestic market by a foreign entity in the domestic market’s currency. The report is released by the Ministry of Finance, detailing the flows from the public sector excluding Bank of Japan. The net data shows the difference of capital inflow and outflow. A positive difference indicates net sales of foreign securities by residents (capital inflow), and a negative difference indicates net purchases of foreign securities by residents (capital outflow).

Gross Domestic Product (QoQ) Link

The Gross Domestic Product released by the Cabinet Office shows the monetary value of all the goods, services and structures produced in Japan within a given period of time. GDP is a gross measure of market activity because it indicates the pace at which the Japanese economy is growing or decreasing. A high reading or a better than expected number is seen as positive for the JPY, while a low reading is negative.

Consumer Price Index (MoM) Link

The Consumer Price Index (CPI), released by Banco de la Republica Colombia, 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 COP, while a lower than expected reading should be taken as negative/bearish for the COP.

Consumer Price Index (YoY) Link

The Consumer Price Index (CPI), released by Banco de la Republica Colombia, 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 COP, while a lower than expected reading should be taken as negative/bearish for the COP.

Purchasing Manager Index Services Link

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

RBNZ Inflation Expectations (QoQ) Link

The Inflation Expectations released by the Reserve Bank of New Zealand measures business managers´ expectations of annual CPI 2 years from now. An increase in expectations is regarded as inflationary which may anticipate a rise in interest rates. A high reading is positive (or bullish) for the NZD, while a low reading is seen as negative (or bearish).

Consumer Price Index n.s.a (YoY) Link

The Consumer Price Index released by Statistics Netherlands 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 EUR is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

Factory Orders n.s.a. (YoY) Link

The Factory orders released by the Deutsche Bundesbank is an indicator that includes shipments, inventories, and new and unfilled orders. An increase in the factory order total may indicate an expansion in the German economy and could be an inflationary factor. It is worth noting that the German Factory barely influences, either positively or negatively, the total Eurozone GDP. A high reading is positive (or bullish) for the EUR, while a low reading is negative.

Factory Orders s.a. (MoM) Link

The Factory orders released by the Deutsche Bundesbank is an indicator that includes shipments, inventories, and new and unfilled orders. An increase in the factory order total may indicate an expansion in the German economy and could be an inflationary factor. It is worth noting that the German Factory barely influences, either positively or negatively, the total Eurozone GDP. A high reading is positive (or bullish) for the EUR, while a low reading is negative.

BoE Asset Purchase Facility Link

The Asset Purchase Facility is the value of money the BoE plans to create and inject into the economy through open market bond purchases as a way to influence long-term interest rates. This monetary policy tool is also called Quantitative Easing.

BoE Interest Rate Decision Link

BoE Interest Rate Decision is announced by the Bank of England. If the BoE is hawkish about the inflationary outlook of the economy and raises the interest rates it is positive, or bullish, for the GBP. Likewise, if the BoE has a dovish view on the UK economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

Monetary Policy Summary Link

The Monetary Policy Summary, released by BOE, contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes.

Bank of England Monetary Policy Report Link

The Bank of England quarterly publishes a report of the detailed economic analysis and inflation projections on which the Bank's Monetary Policy Committee bases its interest rate decisions, and presents an assessment of the prospects for UK inflation over the following two years. A high reading is seen as positive (or Bullish) for the GBP, whereas a low reading is seen as negative.

BoE MPC Vote Unchanged Link

Interest rates are set by the Bank’s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members – the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

BoE MPC Vote Cut Link

Interest rates are set by the Bank’s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members – the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

BoE MPC Vote Hike Link

Interest rates are set by the Bank’s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members – the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

Bank of England Minutes Link

The minutes of the BoE MPC meetings are published alongside with the commitee decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. Generally speaking, if the BoE is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the GBP.

Reverse Repo Rate Link

The Reverse Repo Rate released by the Reserve Bank of India is the rate at which the RBI borrows money from commercial banks. The rate is another tool of monetary policy, with an increase leading to a transfer of funds to the RBI, and thus out of the banking system. A decline in the reverse repo rate is seen as positive (or bullish) for the Rupee while an increase is seen as negative (or bearish).

RBI Interest Rate Decision (Repo Rate) Link

The RBI Interest Rate Decision is announced by the Reserve Bank of India. If the bank is hawkish about the inflationary outlook of the economy and rises the interest rates, it is seen as positive, or bullish, for the INR, while a dovish outlook for the economy (or a rate cut) is seen as negative, or bearish, for the currency.

Industrial Production (YoY) Link

The Industrial Production released by the Czech Statistical Office shows the volume of production of Czech industries such as factories and manufacturing. 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 Czech Koruna

Foreign Trade Balance (MoM) Link

The Trade Balance released by the Czech Statistical Office 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 Czech Koruna. If the trade balance is positive that should be positive (or bullish) for the Czech Koruna.

Industrial Output (YoY) Link

The Industrial Production released by the Hungarian Central Statistical Office, shows the volume of production of Hungarian industries such as factories and manufacturing. 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 Forint

Industrial Output w.d.a (YoY) Link

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

Industrial Output s.a. (MoM) Link

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

Markit Construction PMI Link

The PMI Construction released by the Chartered Institute of Purchasing & Supply and Markit Economics shows business conditions in the UK construction sector. It is worth noting that the construction sector does not influence, either positively or negatively, the GDP as much as the Manufacturing sector does A result that values above 50 signals appreciates (or is bullish for) the GBP, whereas a result that values below 50 is seen as negative (or bearish).

10-y Obligaciones Auction Link

Displayed in the calendar is the average yield on the Bonos del Tesoro auctioned by Tesoro Público. Spanish bonds have maturities of above then five 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 Link

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.

10-y Bond Auction Link

The figures displayed in the calendar represent the average yield on the bonds auctioned by Agence France Tresor. Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates.

Unemployment Rate (MoM) Link

The Unemployment Rate released by the National Statistics Service 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 Greek labor market and thus a weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Euro, while an increase is seen as negative (or bearish).

CNB Interest Rate Decision Link

The CNB Interest Rate Decision is announced by the Czech National Bank. If the CNB is hawkish about the inflationary outlook of the Czech economy and rises the interest rates it is positive, or bullish, for the CZK. Likewise, if the CNB 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.

Challenger Job Cuts Link

Challenger Job Cuts, released by Challenger, Grey & Christmas monthly, provides information on the number of announced corporate layoffs by industry and region. The report is an indicator used by investors to determine the strength of the labor market.

BoE's Governor Bailey speech Link

Andrew Bailey is the Bank of England's Governor. He took office on March 16th, 2020, at the end of Mark Carney's term. Bailey was serving as the Chief Executive of the Financial Conduct Authority before being designated. This British central banker was also the Deputy Governor of the Bank of England from April 2013 to July 2016 and the Chief Cashier of the Bank of England from January 2004 until April 2011.

Unemployment Rate Link

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 Link

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 4-week average Link

This indicator measures the average number for the last four releases of the Initial Jobless Claims, which are released every Thursday. It is published by the US Department of Labor as a measure of the number of people filing first-time claims for state unemployment insurance. It provides a measure of strength in the labor market. An increasing trend in this number indicates weakness in this market which influences the strength and direction of the US economy. Generally speaking, a decreasing trend should be taken as positive or bullish for the USD.

Initial Jobless Claims Link

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.

Central Bank Reserves $ Link

The Central Bank Reserves released by The Central Bank of the Russian Federation present reserves in foreign currency and gold The Central Bank holds. Reserves can be a precautionary measure for countries susceptible to financial crisis. It can also be used to manipulate exchange rates.  A high reading is is seen as positive (or bullish) for the Russian Ruble, while a low reading is seen as negative (or Bearish).

EIA Natural Gas Storage Change Link

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.

4-Week Bill Auction Link

Displayed in the calendar is the average yield on the bills auctioned by US Department of Treasury. Treasury bills are short-term securities maturing in one year or less. The yield on the bills 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.

Financial Stability Report Link

The Financial Stability Report, published twice a year by the Bank of England under the guidance of the interim Financial Policy Committee, shows the Committee's assessment of the outlook for the stability and resilience of the financial sector at the time of preparation of the Report, and the policy actions it advises to reduce and mitigate risks to stability. Usually, if the BoE is hawkish about the financial outlook, it is positive, or bullish, for the GBP. Likewise, if the BoE has a dovish view on the UK economy and is concern about the financial stability it is seen as negative, or bearish.

AiG Performance of Services Index Link

AiG Performance of Services Index released by the Australian Industry Group presents business conditions in the Australian service sector. The group surveys 200 manufacturers on their assessment of the business situation including employment, production, orders, prices, and inventories, and their short-term planning. A result above 50 is seen as positive (or bullish) for the AUD, whereas a result below 50 is seen as negative (or bearish).

Labor Cash Earnings (YoY) Link

Indicator released by the Ministry of Health, Labour and Welfare shows the average income, before taxes, per regular employee. It includes overtime pay and bonuses but it doesn't take into account earnings from holding financial assets nor capital gains. Higher income puts upward pressures over consumption, therefore an increasing trend in earnings is inflationary for the Japanese economy. A higher than expected reading is bullish for the yen, while below the market consensus the result is bearish.

Overall Household Spending (YoY) Link

The Overall Household Spending released by the Ministry of Internal Affairs and Communications is an indicator that measures the total expenditure by households. The level of spending can be used as an indicator of consumer optimism. It is also considered as a measure of economic growth. A high reading is positive (or Bullish) for the JPY, while a low reading is negative (or bearish).