Monday, 10 June 2024 

The Economy Watchers Survey asks business-cycle sensitive workers their thoughts on existing and future economic conditions, giving a detailed picture of economic trends in Japan . The survey is based on questionnaires from 'man on the street' sectors that are particularly vulnerable to business cycle turns. These segments of the economy include sectors such as retail, restaurant service and taxi driving. With this combined data the Japanese Eco Watchers report serves as both a consumer confidence indicator and a leading indicator for the rest of the economy. The report is usually released less than two weeks after the reporting month, thus its statistics are usually very timely. The headline number is released where 50 represents the center midpoint line of boom/bust sentiment.

SECO Consumer Climate compiles a survey of consumer attitudes on present economic conditions and expectations of future conditions. In the months of January, April, July and October, about 1100 households are surveyed on behalf of SECO regarding their subjective evaluation of the economic situation, budget situation, inflation, job security etc.

The pattern in consumer attitudes and spending is often a major influence on stock and bond markets. For stocks, strong economic growth translates to healthy corporate profits and higher stock prices. For bonds, the focus is whether economic growth goes overboard and leads to inflation. Ideally, the economy walks that fine line between strong growth and excessive (inflationary) growth. Consumer spending accounts for a major portion of the Swiss economy, so investors want to know what consumers are up to and how they might behave in the near future. The more confident consumers are about the economy and their own personal finances, the more likely they are to spend.

Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Italy. Industrial production is significant as a short-term indicator of the strength of Italian industrial activity. High or rising Industrial Production figures suggest increased production and economic expansion. However, uncontrolled levels of production and consumption can spark inflation.

The report is only a preliminary estimate figure that does not move the markets much. The figure is released in headlines as a monthly percent change.

Level of a diffusion index based on surveyed investors and analysts. Above 0.0 indicates optimism, below indicates pessimism. This is a survey of about 2,800 investors and analysts which asks respondents to rate the relative 6-month economic outlook for the Eurozone.
 

Time
Country
Macroeconomic Indices Period Previous Reading Forecast Actual Reading Importance
07:00
Economy Watchers Survey May 47.4; 48.5 48.6 45.7; 46.3
Low
09:00
SECO Consumer Confidence May -38.06 -37 -37.99
Low
10:00
Industrial Production Apr -0.5%; -3.2% 0.3% -1.0%; -2.9%
Low
10:30
Sentix Investor Confidence Jun -3.6 -1.5 0.3
Low
Tuesday, 11 June 2024 

Measure of the money supply used by the Bank of Japan. The figure includes all currency in circulation plus all bank deposits. This indicator tends to be tracked closely with the total money supply. The figure focuses mostly on individual deposit accounts rather than institutional accounts, making it a more attractive money indicator than broad liquidity measures. The headline figure is the percentage change from the previous year.

A survey of the current state of the business sector in Australia . Based on a survey of hundreds of small and large sized companies, the National Australia Bank delivers monthly comprehensive quarterly reports.

This comprehensive survey primarily provides insight into the state of the Australian economy and puts forth leading indicators that signal its future direction. Thus the survey's findings, if unexpected, have the power to move markets directly.

The National Australia Bank releases both a monthly and quarterly report. The quarterly report is more comprehensive, surveying around 1000 small to large non-farm firms. The quarterly report provides greater detail on the data as well as a short to mid-term outlook of Australia . Because of seasonal volatility and government protections the survey only excludes the farm sector.

The UK claimant count provides data on those individuals who are out of work and who are claiming some sort of unemployment benefit.

The Claimant Count is the UK's most timely measure of unemployment. The report measures the number of people who claim unemployment benefits, but actively seeking work. The Claimant Count serves as a barometer for the health of the UK labor market. Higher job growth accompanies economic expansion and could spark inflationary pressures.

The headline number is a percentage change in the figure.

It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer. Data represents the 3-month moving average compared to the same period a year earlier. A figure that excludes bonuses is also released, but not included for lack of significance. Source changed series calculation formula as of Jan 2010

This is a report which measures the change in the total value of new orders placed with machine tool manufacturers.

Survey of small businesses which asks respondents to rate the relative level of economic conditions including labor markets, inventories and sales, capital spending, inflation, earnings and wages, and credit markets.

The number of new building projects authorized for construction. The figure is widely used as an indicator for developments in the housing market, since receiving a permit to build is the first step in the construction process. Thus growth in Building Permits reflects growth in the construction sector. Also, due to the high outlays needed for construction projects, an increase in Building Permits suggests corporate and consumer optimism. Additionally, because leading indicators for the housing market respond quickly to changes in the business cycle, the Building Permit figure can act as a leading indicator for the economy as a whole.

The headline is the seasonally adjusted percentage change in Building Permits from the previous month.

10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
Time
Country
Macroeconomic Indices Period Previous Reading Forecast Actual Reading Importance
01:50
M2 Money Supply + CD May 2.2%; 1.6% 2.1% 1.9%; 1.3%
Low
03:30
NAB Business Confidence May 2 -3
Low
08:00
Claimant Count Change May 8.4K 10.2K 50.4K
Medium
08:00
Claimant Count Rate Apr 4.3% 4.3% 4.4%
Medium
08:00
Average Earnings Index Apr 5.9%; 6.0% 5.7%; 6.0% 5.9%; 6.0%
Medium
08:00
Prelim Machine Tool Orders May -8.9% 4.2%
Low
12:00
NFIB Small Business Index May 89.7 89.7 90.5
Low
14:30
Building Permits Apr -12.3% 4.8% 20.5%
Low
19:01
10-y Bond Auction Jun 4.483%; 2.49 4.438%; 2.67
Low
Wednesday, 12 June 2024 
The Visitor Arrivals released by the Statistics New Zealand measures the number of visitors to New Zealand. As the tourism industry dominates a large part of the total GDP, the visitor arrivals is an important indicator of the overall economic condition in New Zealand.

A Japanese index that measures the prices of goods created by firms at the producer and wholesaler level in Japan. The Domestic Corporate Goods Price Index (CGPI) tracks changes in supply side prices within the Japanese economy. Changes in the CGPI often precede changes in the overall Consumer Price Index, as input values determine the overall retail values of the consumer goods. Thus, a large increase in the domestic CGPI will lead to a large increase in the overall CPI.

Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures.

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets.

Robust GDP growth signals a heightened level of economic activity and often a higher demand for the domestic currency. At the same time, economic expansion raises concerns about inflationary pressures which may lead monetary authorities to increase interest rates. Thus better than expected GDP figures are generally bullish for the Euro, while negative readings are generally bearish.

Technically, Gross Domestic Product is calculated in the following way:

GDP = C + I + G + (EX - IM)

where

C = private consumption, I = private investment, G = government expenditure, EX = exports of goods and services, IM = imports of goods and services.

French GDP figures, officially called Quarterly National Accounts, are released quarterly. The headline figures are annualized percentage changes in real and nominal GDP.

A measure of the manufacturing output of the energy sector, factories, and mines. Industrial production is significant as a short-term indicator of the strength of UK industrial activity. Industry accounts for about a quarter of the overall GDP. Because industrial production accounts for most of the volatility in the GDP, foreknowledge of trends in manufacturing go a long way in forecasting UK output. High or rising Industrial Production figures suggest increased production and economic expansion, healthy for the Pound. However, uncontrolled levels of production and consumption can spark inflation. In times of inflation the Bank of England may raise interest rates to control growth.

The UK Manufacturing Production index is compiled by the National Statistics Office and measures the level of manufacturing output. It is an important indicator since it measures growth in the country’s manufacturing industry which is a major component of Gross Domestic Product. A low reading is considered bearish for the Sterling.

Since July 2015, the US Bureau of Economic Analysis has started publishing preliminary estimate of goods trade balance. This release will be 4-7 earlier than trade balance data. Growth in the reading favors the US dollar.

Index demonstrates the situation in the construction sector; it shows output of products and business activity sizes in this sigment of economy.

The index tracks activity in services sector.

Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures. Simply put, inflation reflects a decline in the purchasing power of the Euro in Germany , where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical German household might purchase. An increase in the index indicates that it takes more Euros to purchase this same set of basic consumer items.

The German CPI is significant as one of the primary gauges of inflation. As the largest Eurozone economy, inflation in Germany will contribute significantly to inflation in the Eurozone and the behavior of the European Central Bank. High or rising inflation acts as a signal to the ECB to raise interest rates, an action which will result in the strengthening of the Euro. The headline figure for CPI is the percentage change in monthly and annualized percentage term.

The Harmonized Index of Consumer Prices (HICP) reflects changes in the prices of consumer goods and services in a specified period of time. The HICP measures changes of the average price level for goods and services that households consume (the fixed consumer basket). HICP is pure price index. It does not reflect the changes in buying or consumption patterns, brands, and does not reflect the effect of outlet and service provider substitution.

10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.

An unofficial estimate of UK GDP that comes out one month before the official release. Calculated using statistical projection techniques, the NIESR estimates are highly respected and can influence monetary policy.

CPI assesses changes in the cost of living by measuring changes consumer pay for a set of items. CPI serves as the headline figure for inflation. Simply put, inflation reflects a decline in the purchasing power of the dollar, where each dollar buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical American household might purchase. An increase in the Consumer Price Index indicates that it takes more dollars to purchase the same set basket of basic consumer items.

Inflation is generally bad news for the economy, causing instability, uncertainty and hardship. To address inflation, the Fed may raise interest rates. However, the Fed relies on the PCE Deflator as its primary gauge of inflation because the CPI does not account for the ability of consumer to substitute out of CPI's set. Price changes tend to cause consumers to switch from buying one good to a less expensive-other, a tendency that the fixed-basket CPI figure does not yet account for. Given that the PCE Deflator is a more comprehensive calculation, based on changes in consumption; it is the figure the Fed prefers.

The figure is released monthly, as either a month over month annualized percentage change, or percentage change for the full year. The figure is seasonally adjusted to account seasonal consumption patterns.

On A Technical Note: The CPI includes over 200 categories of goods and services included, divided into 8 main groups, each with a different weight: Housing, Transportation, Food, Medical Care, Education and Communication, Recreation, Apparel, and Other Goods and Services.

CPI Excluding Food and Energy - United States

The CPI is also reported excluding food and energy; two of its most volatile components. These components are particularly sensitive to temporary economic factors like oil prices, natural disasters and seasonal affects. Consequently, CPI excluding Food and Energy provides a more stable figure, but at the cost of overlooking two significant sectors in the economy (together food and energy comprise nearly a quarter of the goods included in the CPI).

The figure is the monthly percent change in the index.

The actual inventories of crude oil, gasoline, and distillate, such as jet fuel, as reported on a weekly basis. The numbers are watched closely by the energy markets, and if the results differ greatly from the expected inventory levels, the market can react strongly. The inventory data can be skewed by holidays and seasonal factors. Weekly data can be unreliable and should be viewed as a part of longer-term trends, so a four-week moving average may be more useful.

The main interest rates settled by the FOMC are responsible for driving inflation in accordance with the monetary policy adopted by the FED. One of the rates in mind is the overnight borrowing rate and the Federal Reserve’s Cash Rate Target (FRCRT). The latter affects interest rates for consumer loans, mortgages, bonds or others. The actual changes to the interest rates have a direct impact on the US dollar. However, the market expectation, in respect to future monetary policy, plays a part that is even more significant for the market. In such circumstances, any indirect information that provides hints to future FED monetary policy, and thus influences the market expectations in respect to the interest rates, may have a significant impact on the US currency. Typically, an increase of the interest rates, or expectations of such an increase, provide fundamental support to the US dollar. The lower interest rates may have a negative impact on the US currency.

The FOMC usually changes the statement slightly at each release. It's these changes that traders focus on. It's the primary tool the FOMC uses to communicate with investors about monetary policy. It 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.

Economic projections are collected from each member of the Board of Governors and each Federal Reserve Bank president four times a year, in connection with the Federal Open Market Committee's (FOMC’s) usual two-day meetings (typically held in January, April, June, and November). Several charts and a table that summarize those projections are released at the Chairman's press conference within hours of the meeting. Three weeks later, more detailed information is provided in the Summary of Economic Projections, which is published with the minutes of the FOMC meeting.

This is a report which measures the difference in value between the federal government's income and spending during the previous month.

The press conference is about an hour long and has 2 parts - first a prepared statement is read, then the conference is open to press questions. The questions often lead to unscripted answers that create heavy market volatility. The FOMC conference is among the primary methods the Fed uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, along with commentary about economic conditions such as the future growth outlook and inflation. Most importantly, it provides clues regarding future monetary policy.

Time
Country
Macroeconomic Indices Period Previous Reading Forecast Actual Reading Importance
00:45
Visitor Arrivals Apr 9.7% -9.4%
Low
01:50
Domestic Corporate Goods Price Index May 0.5%; 1.1% ; 2.0% 0.7%; 2.4%
Low
03:30
CPI May 0.3% 0.4% 0.3%
High
03:30
PPI May -2.5% -1.5% -1.4%
Medium
08:00
GDP Apr 0.4%; 0.6% 0.0%; 0.7% 0.0%; 0.6%
High
08:00
Industrial Production Apr 0.2%; 0.5% -0.1%; 0.3% -0.9%; -0.4%
Medium
08:00
Manufacturing Production Apr 0.3%; 2.3% -0.2%; 1.6% -1.4%; 0.4%
Medium
08:00
Goods Trade Balance Apr -14.0 -14.2 -19.6bln
Medium
08:00
Construction Output Apr -0.4%; -2.2% 0.1%; -1.8% -1.4%; -3.3%
Low
08:00
Index of Services Apr 0.7%; 0.5% 0.7% 0.9%; 0.2%
Low
08:00
CPI May 0.1%; 2.4% 0.1%; 2.4% 0.1%; 2.4%
Medium
08:00
Harmonized CPI May 0.2%; 2.8% 0.2%; 2.8% 0.2%; 2.8%
Medium
11:33
10-y Bond Auction Jun 2.53%; 2.8 2.6%; 2.0
Low
13:01
NIESR GDP Estimate May 0.7% 0.7%
Low
14:30
Consumer Price Index May 0.3%; 3.4% 0.1%; 3.4% 0.0%; 3.3%
High
14:30
Consumer Price Index Core May 0.3%; 3.6% 0.3%; 3.5% 0.2%; 3.4%
High
16:30
Crude Oil Inventories Jun 1233K -1200K 3730K
Medium
20:00
FOMC Rate Decision Jun 5.50% 5.50% 5.50%
High
20:00
FOMC Statement Jun
High
20:00
FOMC Economic Projections Jun
High
20:00
Federal Budget Balance May 209.5 -268.0 -347.1bln
Low
20:30
FOMC Press Conference Jun
High
Thursday, 13 June 2024 

Gauge for costs of homes in the United Kingdom. The figure is based on surveyors' opinions on the state of the market, calculated as is the percent of surveyors reporting a rise in prices minus those reporting a fall. A rise in house prices indicates a strong housing market, which generally reflects a strong overall economy.

Measures Level of a diffusion index based on surveyed large manufacturers. Above 0.0 indicates optimism, below indicates pessimism.

Tracks the number of the employed in Australia . The figure appears in the monthly Labour Force Survey conducted by the Australian Bureau of Statistics. A surge in new employment suggests higher spending potential and budding inflation pressures, which the RBA often counters with rate increases.

The headline figure is the annualized percentage change in employed workers.

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

Modern award usually defines a part-time employee as an employee who is engaged to work less than an average of 38 ordinary hours per week and whose hours of work are reasonably predictable, with a guaranteed minimum number of hours of work. Work is usually performed on regular days of the week. A part-time employee will usually be entitled to the same employment conditions as a full-time employee, but on a pro rata basis compared to the full-time hours (usually 38 per week) prescribed under the applicable industrial instrument.

A measure of the active portion of an economy's labor force. The participation rate refers to the number of people who are either employed or are actively looking for work. The number of people who are no longer actively searching for work would not be included in the participation rate. During an economic recession, many workers often get discouraged and stop looking for employment, as a result, the participation rate decreases.

Measures changes in the prices paid by retailers for finished goods. Growth in wholesale prices usually precedes increases in retail prices, thus changes in Wholesale Prices can be used as an early indicator for inflation. While the CPI records price changes for retail goods, the WPI might pick up inflationary pressures before they reach the headline retail CPI report. The headline number is the percentage change in the index.

Note: WPI provides seasonally adjusted price changes to account for goods' seasonally volatility.

Tracks inflation in producer and import prices in Switzerland . The headline figure is the percentage change in the index from the previous period.

Changes in this index will generally precede changes in the consumer price index, as higher import costs and producer prices tend to eventually be passed to consumers. As with any indicator of inflation, increases in producer and import prices tend to act as an appreciating weight for the Swiss franc because inflationary pressures are almost always met with interest rate increases from the Swiss central bank.

The figure represents changes in the combined producer and import price index, calculated from changes in producer prices and import prices, giving appropriate weight to the proportion of domestic and imported goods.

Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures.

Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures.

his is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. Tends to have a muted impact because there are several earlier indicators related to Eurozone labor conditions. Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions.

Measures the volume change of output of the manufacturing and energy sector. The industrial sector contributes to only a quarter of the Eurozone GDP. However, most variations in the GDP come from the industrial sector, whereas other sectors that contribute far more to national output historically have been very consistent regardless of economic cycles. That is why tracking industrial production is very important for forecasting GDP changes.

Note: The Industrial Production figure can be adjusted for the number of working days in the given time period and/or seasonally to account for weather related changes in production.

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods price do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

The Core Producer Price Index (PPI) measures the change in the selling price of goods and services sold by producers, excluding food and energy. The PPI measures price change from the perspective of the seller. When producers pay more for goods and services, they are more likely to pass the higher costs to the consumer, so PPI is thought to be a leading indicator of consumer inflation.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

The indicator shows the number of unemployed people in the USA.

Continuing claims refers to unemployed workers that qualify for benefits under unemployment insurance. In order to be included in continuing claims, the person must have been covered by unemployment insurance and be currently receiving benefits. Data on unemployment claims is published by the Department of Labor on a weekly basis, allowing for frequent updates on the levels of unemployment.

Weekly report about natural gas storage change in the USA.

Janet Yellen a leading American economist, served as vice chairman of the Federal Reserve Board of Governors since 2010 until becoming the first woman to become chair of the board in 2014. Some performances Yellen allow quite clearly form a clear picture of the future actions of the Fed. Her speeches are especially important before the next meeting of the FOMC.
Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence.
Time
Country
Macroeconomic Indices Period Previous Reading Forecast Actual Reading Importance
01:01
RICS House Price Balance May -7% -5% -17%
Low
01:50
BSI Manufacturing Index 2 quarter -6.7 -5.2 -1.0
Medium
03:30
Employment Change May 37.4K 30.0K 39.7K
High
03:30
Unemployment Rate May 4.1% 4.0% 4.0%
High
03:30
Part Time Employment Change May -6.1K; 44.6K 41.7K; -2.1K
Medium
03:30
Participation Rate May 66.7% 66.7% 66.8%
Low
08:00
Wholesale Price Index May 0.4%; -1.8 0.3% 0.1%; -0.7%
Low
08:30
Producer & Import Prices May 0.6%; -1.8% 0.5% -0.3%; -1.8%
Low
09:00
CPI Apr 3.6% 3.6% 3.6%
Low
09:00
CPI Apr 3.6% 3.6% 3.6%
Low
10:00
Quarterly Unemployment Rate 1 quarter 7.4% 7.4% 7.2%
Low
11:00
Industrial Production Apr 0.5%; -1.2% 0.1%; -1.9% -0.1%; -3.0%
Low
14:30
PPI May 0.5%; 2.3% 0.1%; 2.5% -0.2%; 2.2%
High
14:30
PPI Core May 0.5%; 2.5% 0.3%; 2.4% 0.0%; 2.3%
High
14:30
Unemployment Claims Jun 229K 222K 242K
Medium
14:30
Continuing Claims Jun 1790K 1800K 1820K
Medium
16:30
EIA Natural Gas Storage Change Jun 98 75 74bln
Low
18:00
Federal Reserve Chairperson Janet Yellen Speaks
Medium
19:01
30-y Bond Auction Jun 4.635%; 2.41
Low
Friday, 14 June 2024 

Индикатор активности в производстве. Аналог Manufacturing PMI. Показывает улучшение (>50) или ухудшение (<50) ситуации в сравнении с предыдущим месяцем. Рост показателя либо превышение прогноза благоприятны для валюты.

Measures the price change of food and food services purchased by households. Higher food prices can result in economic slowdown because less disposable income will be used for non-food expenditures. Higher food prices can also result in inflation and signal future monetary action.

Higher domestic food prices may also suggest higher food prices internationally. New Zealand 's economy is largely based on producing and exporting agricultural goods and food products. Therefore, the Food Price Index can reflect demand for New Zealand products and for the New Zealand dollar. A higher reading may suggest a strengthening of the Dollar as foreigners pay relatively more for New Zealand 's exports.

The headline number is the percentage change in the index from the previous month.

Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Japan. Industrial production is significant as a short-term indicator of the strength of Japanese industrial activity. High or rising Industrial Production figures suggest increased production and economic expansion. However, uncontrolled levels of production and consumption can spark inflation.

The report is only a preliminary estimate figure that does not move the markets much. The figure is released in headlines as a monthly percent change.

Evaluates the monthly change in output produced by Japan's service sector. Because this report excludes manufacturing and only measures service industries catering mainly to domestic needs, the Tertiary Industry Index is a key indicator of domestic activity. The index incorporates data from firms involved in wholesale and retail trade, financial services, health care, real estate, leisure and utilities. The report excludes industrial manufacturing sectors that tend to be influenced by foreign demand. The tertiary industry index is posted monthly as a percentage change from the previous month's figure.

Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures. Simply put, inflation reflects a decline in the purchasing power of the Euro in France , where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical French household might purchase. An increase in the index indicates that it takes more Euros to purchase the same set of basic consumer items.

A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

Surpluses and Deficits
A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

Ramifications of Trade Balance on Markets
There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

This report measures the percentage change in inflation expected to be paid by private consumers over the next 12 months.

  The Current Account summarizes the flow of goods, services, income and transfer payments into and out of the country. The report acts as a line-item record of how the domestic economy interacts with rest of the world. The Current Account is one of the three components that make up a country's Balance of Payments (Financial Account, Capital Account and Current Account), the detailed accounting of all international interactions. Where the other side of the Balance of Payments, Capital and Financial Accounts deal mainly with financial assets and investments, the Current Account gives a detailed breakdown of how the country intermingles with rest of the global economy on a non-investment basis - tracking good and services.

CManufacturing Shipments - also known as "shipments of goods of own manufacture" - report the production of goods produced by Canadian establishments in the "Manufacturing Sector (NAICS 31-33)". It measures the Dollar value, not the quantity of manufactured goods produced.

The value of sales made by Canadian wholesalers. Wholesalers sell to industries and retailers in quantities far larger than most consumers are willing to purchase. Given that growth in Wholesale Trade usually precedes increases in retail trade and consumption, changes in Wholesale Sales can be used as an early indicator for the overall direction of the retail sector, consumption and the economy. The headline figure reports the monthly percentage change in Wholesale Sales, seasonally adjusted to account for variations in demand due to seasonal cycles.

These sectors are farm products, food, beverages, and tobacco products, personal and household goods, automotive products, building materials, machinery and electronic equipment etc.

This index reflects import price change per month.

The Michigan Consumer Sentiment Index released by the University of Michigan is a survey of personal consumer confidence in economic activity. It shows a picture of whether or not consumers are willing to spend money. Generally speaking, a high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.
Time
Country
Macroeconomic Indices Period Previous Reading Forecast Actual Reading Importance
00:30
Business NZ Manufacturing Index May 48.9
Medium
00:45
Food Price May 0.6%
Low
06:30
Industrial Production Apr -0.1%; -1.0% -0.1%; -1.0%
Low
06:30
Tertiary Industry Index Apr -2.4% 0.4%
Low
08:45
Consumer Price Index Apr 0.0%; 2.2% 0.0%; 2.2%
Low
10:00
Trade Balance Apr 4.34 4.25
Low
10:30
Consumer Inflation Expectations 2 quarter 3.0%
Low
11:00
Current Account (sa) Apr 17.3bln; 24.1bln 15.7
Low
14:30
Manufacturing Shipments Apr -2.1% 1.3%
Low
14:30
Wholesale Sales Apr -1.1% 2.5%
Low
14:30
Import price index May 0.9%; 1.1% 0.1%
Low
16:00
UoM Inflation Expectations Jun 3.3%; 3.0%
Low
19:00
Baker Hughes U.S. Rig Count Jun 594
Low

No events found