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Economic Calendar
Monday, 9 March
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the CNY, while a lower than expected reading should be taken as negative/bearish for the CNY.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the CNY, while a lower than expected reading should be taken as negative/bearish for the CNY.
The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.
A higher than expected reading should be taken as positive/bullish for the CNY, while a lower than expected reading should be taken as negative/bearish for the CNY.
The consumer confidence index is based on interviews with consumers about their perceptions of the country's current and future economic situation and their tendencies to purchase. The performance of the economy of a country is reflected in macro-economic variables, such as the gross national product, external debt, interest rates, foreign exchange rates, imports, exports, stock market prices, inflation rates, real wages, unemployment rate, and so on. The state of the economy is also reflected in the micro-behavior of the consumers. The attitudes and behaviors of individual consumers affect the performance of the economy. For example, if they believe that the economy is heading in a certain direction, then they would make their savings or spending plans according.
Japan's Composite index of coincident indicators measures current economic conditions. For the main purpose of measuring the amplitude of the fluctuations of economic activities, the composite indexes are constructed by aggregating the percentage changes of the selected series. They are represented with the average of their 1995 values as 100. The coincident index consists of the following components: - Index of industrial production (mining and manufacturing); - Index of consumption of raw materials (manufacturing); - Large industrial power consumption; - Index of capacity utilization ratio (manufacturing); - Index of non-scheduled worked hours; - Index of producer's shipment (investment goods); - Sales at department stores (percent change from the previous year); - Index of sales in wholesale trade (percent change from the previous year); - Operating profits (all industries); - Index of sales in small and medium sized enterprises (manufacturing); - Effective job offer rate (excluding new school graduates).
The Leading Indicators Index is a composite index based on 12 economic indicators, that is designed to predict the future direction of the economy.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
The Economy Watchers Current Index measures the current mood of businesses that directly service consumers, such as barbers, taxi drivers, and waiters. The data is compiled from a survey of about 2,000 workers. A reading above 50.0 indicates optimism; below indicates pessimism.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
German Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
The Producer Price Index (PPI) is designed to monitor changes in prices of items at the first important commercial transactions. Producer Price Index (PPI) measures a change in the prices of goods and services, over a span of time, either as they leave their place of production or as they enter the production process. PPI measures a change in the prices received by domestic producers for their outputs or the change in the prices paid by domestic producers for their intermediate inputs. A higher than expected reading should be taken as positive/bullish for the NOK , while a lower than expected reading should be taken as negative/bearish for the NOK.
The consumer price index (CPI) is a measure of change in the general level of prices of goods and services bought by households over a specified period of time. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. The consumer price index is used as a measurement of and is a key economic figure. Likely impact: 1) Interest Rates: Larger-than-expected quarterly increase in price inflation or increasing trend is considered inflationary; this will cause bond prices to drop and yields and interest rates to rise. 2) Stock Prices: Higher than expected price inflation is bearish on the stock market as higher inflation will lead to higher interest rates. 3) Exchange Rates: High inflation has an uncertain effect. It would lead to depreciation as higher prices mean lower competitiveness. Conversely, higher inflation causes higher interest rates and a tighter monetary policy that leads to an appreciation.
The consumer price index (CPI) is a measure of change in the general level of prices of goods and services bought by households over a specified period of time. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. The consumer price index is used as a measurement of and is a key economic figure. Likely impact: 1) Interest Rates: Larger-than-expected quarterly increase in price inflation or increasing trend is considered inflationary; this will cause bond prices to drop and yields and interest rates to rise. 2) Stock Prices: Higher than expected price inflation is bearish on the stock market as higher inflation will lead to higher interest rates. 3) Exchange Rates: High inflation has an uncertain effect. It would lead to depreciation as higher prices mean lower competitiveness. Conversely, higher inflation causes higher interest rates and a tighter monetary policy that leads to an appreciation.
Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents. Exports free on board (f.o.b.) and imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics.
A higher than expected number should be taken as positive to the TWD, while a lower than expected number as negative.
Exports free on board (f.o.b.) and Imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries Imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting Imports as f.o.b. you will have the effect of reducing the value of Imports by the amount of the cost of insurance and freight.
A higher than expected number should be taken as positive to the TWD, while a lower than expected number as negative.
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.
A higher than expected reading should be taken as positive/bullish for the TWD, while a lower than expected reading should be taken as negative/bearish for the TWD.
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Trade balance, called also net export, is the difference between the value of country's exports and imports, over a period of time. A positive balance (trade surplus) means that exports exceed imports, a negative one means the opposite. Positive trade balance illustrates high competitiveness of country's economy. This strengthens investors' interest in the local currency, appreciating its exchange rate. Exports free on board (f.o.b.) and Imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics. According to the recommendations of the UN International Trade Statistics.
Total of a country's gold holdings and convertible foreign currencies held in its central bank. Usually includes foreign currencies themselves, other assets denominated in foreign currencies, and particular amount of special drawing rights (SDRs). A foreign exchange reserve is a useful precaution for countries exposed to financial crises. It can be used for the purpose of intervening in the exchange market to influence or peg the exchange rate.
The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous quarter. A higher than expected reading should be taken as negitive/bearish for the EUR , while a lower than expected reading should be taken as positive/bullish for the EUR.
Foreign exchange reserves are only the foreign currency deposits held by central banks and monetary authorities. The Bank of Israel operates in the FX markets by buying and selling foreign currency in response to exchange rate movements. The dollars which the Bank is purchasing become part of the Bank's foreign exchange reserves.
The Sentix Investor Confidence Index rates the relative six-month economic outlook for the euro zone. The data is compiled from a survey of about 2,800 investors and analysts. A reading above zero indicates optimism; below indicates pessimism.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
The consumer price index (CPI) is a measure of change over a specified period of time in the general level of prices of goods and services that a given population acquires, uses or pays for consumption. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. Consumer Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys.
The consumer price index (CPI) is a measure of change over a specified period of time in the general level of prices of goods and services that a given population acquires, uses or pays for consumption. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. Consumer Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys.
The Focus Market Report provides weekly mean market expectations for inflation over following month, 12 months, and following year as well as expectations for Selic target rate, real GDP growth, net public sector debt/GDP, industrial production growth, current account, and trade balance, collected from over 130 banks, brokers, and funds managers.
Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents. Tradable Copper - Copper deliveries to the national manufacturing industry for domestic consumption and manufactured exports.
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.
A higher than expected reading should be taken as positive/bullish for the CLP, while a lower than expected reading should be taken as negative/bearish for the CLP.
The consumer price index (CPI) is a measure of change in the general level of prices of goods and services bought by households over a specified period of time. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. The consumer price index is used as a measurement of and is a key economic figure. Likely impact: 1) Interest Rates: Larger-than-expected quarterly increase in price inflation or increasing trend is considered inflationary; this will cause bond prices to drop and yields and interest rates to rise. 2) Stock Prices: Higher than expected price inflation is bearish on the stock market as higher inflation will lead to higher interest rates. 3) Exchange Rates: High inflation has an uncertain effect. It would lead to depreciation as higher prices mean lower competitiveness. Conversely, higher inflation causes higher interest rates and a tighter monetary policy that leads to an appreciation.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the MXN, while a lower than expected reading should be taken as negative/bearish for the MXN.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the MXN, while a lower than expected reading should be taken as negative/bearish for the MXN.
Month Core Inflation is an important economic calendar event for Mexico, as it measures the percentage change in the prices of a selected basket of goods and services, excluding volatile items such as food, energy, and fuel, over a one-month period. Core inflation is considered a more reliable indicator of the overall inflationary trend and helps policymakers and investors to better understand the underlying trends in the economy.
This economic indicator is closely monitored by central banks, investors, and market participants, as it provides insights into the current and future direction of inflationary pressures in the country. A higher than expected month core inflation rate could signal an overheating economy, which may lead to a tightening of monetary policy, while a lower than expected core inflation rate could indicate a sluggish economy with potential for monetary easing.
The Corporate Goods Price Index (CGPI) measures the change in the selling prices of goods purchased by Japanese corporations. The CGPI measures the change in the rate of inflation in Japan from the perspective of the manufacturer and is correlated with consumer price inflation.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
The Corporate Goods Price Index (CGPI) measures the change in the selling prices of goods purchased by Japanese corporations. The CGPI measures the change in the rate of inflation in Japan from the perspective of the manufacturer and is correlated with consumer price inflation.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
The eight labor-market indicators listed below aggregated into the Employment Trends Index. Percentage of respondents who say they find ""Jobs Hard to Get"" (The Conference Board Consumer Confidence Survey). Initial Claims for Unemployment Insurance (U.S. Department of Labor). Percentage of Firms With Positions Not Able to Fill Right Now (National Federation of Independent Business). Number of employees hired by the temporary-help industry (U.S. Bureau of Labor Statistics). Part-time Workers for Economic Reasons (BLS).Job Openings (BLS). Industrial Production (Federal Reserve Board). Real Manufacturing and Trade Sales (U.S. Bureau of Economic Analysis). A higher than expected reading should be taken as positive/bullish for the USD , while a lower than expected reading should be taken as negative/bearish for the USD.
The figures displayed in the calendar represent the average yield on the Bons du Trésor à taux fixe or BTF auctioned.
French BTF bills have maturities of up to 1 year. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital.
The yield on the BTF represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid.
Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
The figures displayed in the calendar represent the average yield on the Bons du Trésor à taux fixe or BTF auctioned.
French BTF bills have maturities of up to 1 year. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital.
The yield on the BTF represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid.
Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
The figures displayed in the calendar represent the average yield on the Bons du Trésor à taux fixe or BTF auctioned.
French BTF bills have maturities of up to 1 year. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital.
The yield on the BTF represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid.
Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.
A higher than expected reading should be taken as positive/bullish for the KRW, while a lower than expected reading should be taken as negative/bearish for the KRW.
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.
A higher than expected reading should be taken as positive/bullish for the KRW, while a lower than expected reading should be taken as negative/bearish for the KRW.
The Westpac Consumer Sentiment Index measures the change in the level of consumer confidence in economic activity. On the index, a level above 100.0 indicates optimism; below indicates pessimism. The data is compiled from a survey of about 1,200 consumers which asks respondents to rate the relative level of past and future economic conditions.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
Household Spending measures the change in the inflation-adjusted value of all expenditures by consumers.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
Household Spending measures the change in the inflation-adjusted value of all expenditures by consumers.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
Gross Domestic Product (GDP) measures the change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
The GDP Annualized is a macroeconomic indicator that shows the monetary value of all goods and services produced by all sectors of the economy within a country's borders in a specific year. It is an important measure of the overall economic activity and health of the economy. This figure is obtained by annualizing quarterly GDP, enabling projection of quarterly growth rates onto an annual frame.
The higher than expected rate can be a bullish signal for the JPY (Japanese yen), while a lower than expected rate may be considered a bearish indicator. GDP Annualized for Japan is published by the Japanese Cabinet Office, and economists, investors, and analysts closely watch the data to understand trends and make forecasts.
Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measureof national economic well-being but expressed in volume (adjusted for inflation)it is the closest single number we have got to such a measure. It is the sum of final expenditures Export of goods and services, Imports of goods and services,Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocks. The difference between Gross National Product and Gross Domestic Product is the Net Factor Income/Payments abroad.
Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measureof national economic well-being but expressed in volume (adjusted for inflation)it is the closest single number we have got to such a measure. It is the sum of final expenditures Export of goods and services, Imports of goods and services,Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocks. The difference between Gross National Product and Gross Domestic Product is the Net Factor Income/Payments abroad.
The Gross Domestic Product (GDP) Price Index measures the change in the price of all goods and services included in GDP. It is the broadest measure of inflation and is the primary indicator the Bank of Japan uses to gauge inflation.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measureof national economic well-being but expressed in volume (adjusted for inflation)it is the closest single number we have got to such a measure. It is the sum of final expenditures Export of goods and services, Imports of goods and services,Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocks. The difference between Gross National Product and Gross Domestic Product is the Net Factor Income/Payments abroad.
M3 Money Supply measures the total quantity of domestic currency in circulation and deposited in banks. An increasing supply of money leads to additional spending, which in turn leads to inflation.
Tuesday, 10 March
The British Retail Consortium (BRC) Retail Sales Monitor measures the change in the value of same-store sales in BRC-member retail outlets in the U.K.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
The National Australia Bank (NAB) Business Confidence Index rates the current level of business conditions in Australia. Changes in business sentiment can be an early signal of future economic activity such as spending, hiring, and investment. The index is based on data collected from a survey of around 350 companies. A level above zero indicates improving conditions; below indicates worsening conditions.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
Business confidence is a measure of respondents expectations of business conditions in their industry for the upcoming period. Business conditions is a simple average of trading, profitability and employment indices, reported by respondents for their company. A higher than expected number should be taken as positive to the AUD, while a lower than expected number as negative.
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. A higher than expected reading should be taken as positive/bullish for the IDR , while a lower than expected reading should be taken as negative/bearish for the IDR.
Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
A higher than expected reading should be taken as positive/bullish for the MYR, while a lower than expected reading should be taken as negative/bearish for the MYR.
Business Confidence measures the current business conditions in the Netherlands . It helps to analyze the economic situation in the short term. A rising trend indicates an increase in business investment which may lead to higher levels of output. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Consumer Spending measures the change in the inflation-adjusted value of all goods expenditures by consumers. Consumer spending accounts for the majority of economic activity. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Consumer Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Manufacturing Production measures the change in the total inflation-adjusted value of output produced by manufacturersA higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Changes in the volume of the physical output of the nation's factories, mine and utilities are measured by the index of industrial production. The figure is calculated as a weighted aggregate of goods and reported in headlines as a percent change from previous months. Rising industrial production figures signify increasing economic growth and can positively influence the sentiment towardslocal currency. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Gross Domestic Product (GDP) measures the change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
The Japanese Household Confidence indicator is a measure of the mood of consumers.
The index is based on data collected from a survey of around 5000 households.
The consumer confidence indicator is closely linked to consumer spending and correlated with personal income, purchasing power, employment and business conditions.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
The Japanese Household Confidence indicator is a measure of the mood of consumers.
The index is based on data collected from a survey of around 5000 households.
The consumer confidence indicator is closely linked to consumer spending and correlated with personal income, purchasing power, employment and business conditions.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
New orders measure the value of orders received in a given period of time. They are legally binding contracts between a consumer and a producer for delivering goods and services. New orders indicate future industrial output and production requirements.
Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents. Exports free onboard (f.o.b.) and Imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries Imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting Imports as f.o.b. you will have the effect of reducing the value of Imports by the amount of the cost of insurance and freight.
Exports free on board (f.o.b.) and Imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries Imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting Imports as f.o.b. you will have the effect ofreducing the value of Imports by the amount of the cost of insurance and freight.
The Trade Balance measures the difference in worth between exported and imported goods over the month. A positive number indicates that more goods were exported than imported.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
The purpose of the consumer price index is to measure the development of the prices charged to consumers for goods and services bought by private households in Denmark.The consumer price index is used as a measurement of and is a key economic figure, which is used by a large number of public and private companies and interested members of the general public in connection with monitoring economic developments. Furthermore, the index is used for regulating (indexation) contracts, pensions, wages and salaries, rents, etc. The index weights for the detailed indices (elementary aggregate indices) are calculated on the basis of data from the national accounts on final consumption expenditure of households in Denmark, supplemented by detailed information from the Household Budget Survey. A higher than expected reading should be taken as positive/bullish for the DKK , while a lower than expected reading should be taken as negative/bearish for the DKK.
The HICP, or Harmonised Index of Consumer Prices, is an economic calendar event for Denmark that measures the changes in the prices paid by consumers for a specific basket of goods and services. The index is harmonised across European Union (EU) countries using official guidelines in order to ensure comparability and reliability.
This indicator serves as a tool for understanding the inflation trends in Denmark and evaluating the effectiveness of the country's monetary and fiscal policies. A rise in the HICP signifies increasing inflation, which may prompt central banks to implement measures to manage inflationary pressures. Conversely, a decline in the HICP indicates deflation, which can lead to decreased spending and investment.
Investors and policymakers closely monitor the HICP due to its implications on the economy, interest rates, and currency valuation. It is important for market participants to keep an eye on this event in order to stay informed about the current state of the Danish economy and make informed decisions.
The consumer price index (CPI) is a measure of change in the general level of prices of goods and services bought by households over a specified period of time. It compares a household's cost for a Zpecific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. The consumer price index is used as a measurement of and is a key economic figure. CPI-ATE (CPI adjusted for tax changes and excluding energy products) is an indicator that is built upon the main components of CPI-AE and CPI-AT. Core inflation, adjusted for taxes and energy prices, is the measure used by the central bank in setting interest rates.
CPI-ATE (CPI adjusted for tax changes and excluding energy products) is an indicator that is built upon the main components of CPI-AE and CPI-AT. Core inflation, adjusted for taxes and energy prices, is the measure used by the central bank in setting interest rates. A higher than expected reading should be taken as positive/bullish for the NOK , while a lower than expected reading should be taken as negative/bearish for the NOK.
The consumer price index (CPI) is a measure of change over a specified period of time in the general level of prices of goods and services that a given population acquires, uses or pays for consumption. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. A higher than expected reading should be taken as positive/bullish for the NOK , while a lower than expected reading should be taken as negative/bearish for the NOK.
The consumer price index (CPI) is a measure of change over a specified period of time in the general level of prices of goods and services that a given population acquires, uses or pays for consumption. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. A higher than expected reading should be taken as positive/bullish for the NOK , while a lower than expected reading should be taken as negative/bearish for the NOK.
Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Industrial Production is a fixed-weight measure of physical output of the nation's factories, mines and utilities. Monthly percent changes in the index reflect the rate of change in output. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. A higher than expected reading should be taken as positive/bullish for the TRY , while a lower than expected reading should be taken as negative/bearish for the TRY.
Producer Price Index (PPI) measures a change in the prices of goods and services, over a span of time, either as they leave their place of production or as they enter the production process. PPI measures a change in the prices received by domestic producers for their outputs or the change in the prices paid by domestic producers for their intermediate inputs. The Producer Price Index (PPI) is designed to monitor changes in prices of items at the first important commercial transactions. The PPI shows the same general pattern of inflation as does Consumer price index, but is more volatile. This is because it is weighted more heavily towards goods that are traded in highly competitive markets and somewhat less sensitive to changes in the cost of labour. In principle, the PPI should include service industries, but in practice it is limited to the domestic agricultural and industrial sector.
Producer Price Index (PPI) measures a change in the prices of goods and services, over a span of time, either as they leave their place of production or as they enter the production process. PPI measures a change in the prices received by domestic producers for their outputs or the change in the prices paid by domestic producers for their intermediate inputs. The Producer Price Index (PPI) is designed to monitor changes in prices of items at the first important commercial transactions. The PPI shows the same general pattern of inflation as does Consumer price index, but is more volatile. This is because it is weighted more heavily towards goods that are traded in highly competitive markets and somewhat less sensitive to changes in the cost of labour. In principle, the PPI should include service industries, but in practice it is limited to the domestic agricultural and industrial sector.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
The consumer price index (CPI) is a measure of change in the general level of prices of goods and services bought by households over a specified period of time. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. The consumer price index is used as a measurement of and is a key economic figure. Likely impact: 1) Interest Rates: Larger-than-expected quarterly increase in price inflation or increasing trend is considered inflationary; this will cause bond prices to drop and yields and interest rates to rise. 2) Stock Prices: Higher than expected price inflation is bearish on the stock market as higher inflation will lead to higher interest rates. 3) Exchange Rates: High inflation has an uncertain effect. It would lead to depreciation as higher prices mean lower competitiveness. Conversely, higher inflation causes higher interest rates and a tighter monetary policy that leads to an appreciation.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the HUF, while a lower than expected reading should be taken as negative/bearish for the HUF.
The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Exports free on board (f.o.b.) and Imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries Imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting Imports as f.o.b. you will have the effect ofreducing the value of Imports by the amount of the cost of insurance and freight.
Exports free on board (f.o.b.) and Imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries Imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting Imports as f.o.b. you will have the effect ofreducing the value of Imports by the amount of the cost of insurance and freight.
The Trade Balance index measures the difference in worth between exported and imported goods over the reported month. Export demand is directly linked to currency demand, while export demand also has an impact on production levels.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the CZK, while a lower than expected reading should be taken as negative/bearish for the CZK.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the CZK, while a lower than expected reading should be taken as negative/bearish for the CZK.
Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measure of national economic well-being but expressed in volume (adjusted for inflation) it is the closest single number we have got to such a measure. It is the sum of final expenditures; Export of goods and services, Imports of goods and services, Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocksA higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
The National Federation of Independent Business (NFIB) Small Business Optimism Index is a composite of ten seasonally adjusted components. It provides a indication of the health of small businesses in the U.S., which account of roughly 50% of the nation's private workforce.
Consumer Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
The HICP are designed expressly for international comparisons of consumer price inflation across EU Member States. these harmonized figures will be used to inform decisions on which Member States meet price stability convergencecriterion for EMU. However, they are not intended to replace existing national Consumer Price Indices (CPIs).The coverage of the indices is based on the EU classification COICOP (classification of individual consumption by purpose). As a result a number of CPI series are excluded from the HICP, most particularly owner occupiers ever, the HICP includes series for personal computers, new cars and air fairs.
Industrial Production is a fixed-weight measure of physical output of the nation's factories, mines and utilities. Monthly percent changes in the index reflect the rate of change in output. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measure of national economic well-being but expressed in volume (adjusted for inflation). It is the closest single number we have got to such a measure. It is the sum of final expenditures; Export of goods and services, Imports of goods and services, Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocksA higher than expected reading should be taken as positive/bullish for the ILS, while a lower than expected reading should be taken as negative/bearish for the ILS.
The Consumer Price Index (CPI) is a significant economic calendar event for Rwanda. It is a key economic indicator that measures the average change in the prices paid by consumers for a fixed basket of goods and services over a specified period of time.
This index is crucial for understanding inflation trends in the country and is used by policymakers to make informed decisions on monetary policy, interest rates, and other economic policies aimed at stabilizing the economy and promoting sustainable growth.
Typically, an increase in CPI indicates a rise in inflation as consumers are paying higher prices for the same goods and services. This can lead to a decrease in purchasing power and potential adjustments in monetary policy. Conversely, a decrease in CPI signals that inflation is slowing, which may result in increased purchasing power as prices fall and consumers are able to buy more with the same amount of money.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the UAH, while a lower than expected reading should be taken as negative/bearish for the UAH.
Existing Home Sales measures the change in the annualized number of existing residential buildings that were sold during the previous month. This report helps to gauge the strength of the U.S. housing market and is a key indicator of overall economic strength.
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.
Existing Home Sales measures the change in the number of existing (not new) residential buildings that were sold during the previous month. This report helps to gauge the strength of the U.S. housing market and is a key indicator of overall economic strength.
A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative
Exports free on board (f.o.b.) and Imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries Imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting Imports as f.o.b. you will have the effect of reducing the value of Imports by the amount of the cost of insurance and freight.
A higher than expected number should be taken as positive to the AUD, while a lower than expected number as negative.
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Chinese Imports measures all goods and services brought into the country from another country in a legitimate fashion, typically for use in trade. Import goods or services are provided to domestic consumers by foreign producers. A lower than expected number should be taken as positive to the CNY while a higher than expected number as negative
Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents. Exports free on board (f.o.b.) and imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics.
A higher than expected number should be taken as positive to the AUD, while a lower than expected number as negative.
Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents. A higher than expected reading should be taken as positive/bullish for the CNY , while a lower than expected reading should be taken as negative/bearish for the CNY.
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.
A higher than expected reading should be taken as positive/bullish for the CNY, while a lower than expected reading should be taken as negative/bearish for the CNY.
The Corporate Goods Price Index (CGPI) measures the change in the selling prices of goods purchased by Japanese corporations. The CGPI measures the change in the rate of inflation in Japan from the perspective of the manufacturer and is correlated with consumer price inflation.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
The Corporate Goods Price Index measures the price movement of domestically-produced and domestically-used goods with sample prices, collected either from the producer or wholesaler of these goods. (was WPI before).
Wednesday, 11 MarchThe Estonian Current Account % of GDP is an economic calendar event that showcases the ratio of the Current Account balance to the Gross Domestic Product (GDP) of Estonia. The current account records the country's transactions with the rest of the world and includes the balance of trade (exports minus imports), net income from abroad, and net current transfers.
An increasing percentage indicates a higher surplus in the current account, suggesting that Estonia is producing more than it consumes and is able to export its excess production. This can positively impact the nation's currency and signify a strong economy.
On the other hand, a decreasing percentage signifies that the economy is consuming more than it produces, leading to a deficit in the current account. This can have a negative impact on the country's currency and may indicate potential economic challenges.
The Estonian Current Account % of GDP is a significant event for investors, analysts, and policymakers as it provides valuable insights into the overall health of the Estonian economy and potential shifts in economic growth.
The German Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
The German Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
Harmonised Index of Consumer Prices (HICP) in an index of consumer prices calculated and published by Eurostat, the Statistical Office of the European Union (EU), on the basis of a statistical methodology that has been harmonised across all EU Member States. HICP is a measure of prices used by the Governing Council of EU to define and assess price stability in the euro area as a whole in quantitative terms.The HICP are designed expressly for international comparisons of consumer price inflation across EU Member States. these harmonized inflation figures will be used to inform decisions on which Member States meet price stability convergence criterion for EMU. However, they are not intended to replace existing national Consumer Price Indices (CPIs). The coverage of the indices is based on the EU classification COICOP (classification of individual consumption by purpose).
Harmonised Index of Consumer Prices (HICP) in an index of consumer prices calculated and published by Eurostat, the Statistical Office of the European Union (EU), on the basis of a statistical methodology that has been harmonised across all EU Member States. HICP is a measure of prices used by the Governing Council of EU to define and assess price stability in the euro area as a whole in quantitative terms.The HICP are designed expressly for international comparisons of consumer price inflation across EU Member States. these harmonized inflation figures will be used to inform decisions on which Member States meet price stability convergence criterion for EMU. However, they are not intended to replace existing national Consumer Price Indices (CPIs). The coverage of the indices is based on the EU classification COICOP (classification of individual consumption by purpose).
The Current Account is an important economic indicator that measures the difference in value between Denmark's exports and imports of goods, services, investment income, and current transfers over a specific period. It is a significant component of the country's balance of payments, which is a comprehensive record of all economic transactions between residents of Denmark and the rest of the world.
A positive current account balance indicates that Denmark's total exports, or inflows, surpass its total imports, or outflows. This suggests that the country is a net saver and potentially attractive to foreign investors. On the other hand, a negative current account balance implies that Denmark is a net borrower from the global economy, which could signify potential economic challenges.
The current account figure not only offers insight into the trade balance but also reflects the country's competitiveness and attractiveness to foreign investors. As a result, it is closely monitored by economists, investors, and policymakers alike for its potential impact on the Danish Krone exchange rate, financial markets, and overall economic health.
Trade balance, called also net export, is the difference between the value of country's exports and imports, over a period of time.A positive balance (trade surplus) means that exports exceed imports, a negative one means the opposite. Positive trade balance illustrates high competitiveness of country's economy. This strengthens investors interest in the local currency, appreciating its exchange rate. A higher than expected reading should be taken as positive/bullish for the DKK , while a lower than expected reading should be taken as negative/bearish for the DKK.
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. In other words, prices indicator of what is happening to prices consumers are paying for items purchased. With a given starting point or base period which is usually taken as 100, the CPI can be used to compare current period consumer prices with those in the base period. Consumer Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
A higher than expected reading should be taken as positive/bullish for the BRL, while a lower than expected reading should be taken as negative/bearish for the BRL.
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
A higher than expected reading should be taken as positive/bullish for the BRL while a lower than expected reading should be taken as negative/bearish for the BRL.
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
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 Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
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 consumer price index (CPI) is a measure of the average change in the prices paid by urban consumers for a fixed market basket of goods and services. The CPI is based on prices of food, clothing, shelter, fuel, drugs, transportation fares, doctors' and dentists' fees, and other goods and services that people buy for day-to-day living. The quantity and quality of these items are kept essentially unchanged between major revisions so that only price changes will be measured. All taxes directly associated with the purchase and use of items are included in the index.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
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 Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
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 consumer price index (CPI) is a measure of the average change in the prices paid by urban consumers for a fixed market basket of goods and services. The CPIis based on prices of food, clothing, shelter, fuel, drugs, transportation fares, doctors and dentists fees, and other goods and services that people buy for day-to-day living. The quantity and quality of these items are kept essentially unchanged between major revisions so that only price changes will bemeasured. All taxes directly associated with the purchase and use of items are included in the index."
The CPI Index, s.a, also known as the Consumer Price Index for All Urban Consumers, is an economic event that measures the average change in the prices that urban consumers pay for a basket of goods and services over time. It is a key indicator of inflation and serves as a guide for making decisions related to monetary policy, wage agreements, and economic forecasts.
This event compares the cost of a fixed basket of goods and services purchased by consumers, such as food, housing, transportation, and medical care, to the cost of the same basket in a previous reference period. The CPI Index, s.a, adjusts the data for seasonal variations, making it easier to compare changes in the prices of goods and services throughout the year.
An increase in the CPI Index, s.a, indicates that the average price level for the basket of goods and services has increased, thereby pointing to inflationary pressures. Conversely, a decrease signifies deflationary pressures. Central banks, policymakers, businesses, and individuals closely monitor this economic event to make informed decisions related to investments, consumption, and financial planning.
The Consumer Price Index (CPI) not seasonally adjusted (n.s.a) is an economic calendar event for the United States that measures the changes in the prices paid by urban consumers for a representative basket of goods and services, without any adjustments made for seasonal variations.
While the seasonally adjusted CPI takes into account predictable fluctuations at different times of the year, such as increased energy costs in winter or more expensive food in summer, the not seasonally adjusted CPI provides a more straightforward look at price changes, presenting the raw data without any adjustments.
Analyzer of CPI n.s.a is important for policymakers, investors, and businesses as it helps in understanding inflation trends and making well-informed decisions.
Real Earnings measures Wages, salaries, and other earnings, corrected for inflation over time so as to produce a measure of actual changes in purchasing power. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and in the metropolitan area of Cleaveland. The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
The Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) is a key economic indicator that measures consumer confidence levels in the United States. Conducted monthly by global market research firm Ipsos, the survey gathers data from a diverse sample of American households, providing insight into consumers' sentiment regarding the country's overall economic health.
The PCSI is derived from multiple questions assessing consumers' outlook on the national economy, personal finance, job market, and investment opportunities. These aspects are combined to generate a comprehensive and singular index score, offering valuable information to economists, investors, and policymakers.
A higher PCSI score typically indicates greater consumer optimism, which can lead to increased spending and overall economic growth. Conversely, a lower score may signal a decline in consumer confidence, resulting in reduced consumer spending and potential economic stagnation. Thus, the Thomson Reuters IPSOS PCSI serves as a valuable barometer for understanding current and potential consumer behavior in the United States.
The Thomson Reuters IPSOS PCSI (Primary Consumer Sentiment Index) is a significant economic calendar event for Canada. This index measures the overall level of consumer confidence and sentiment in the national economy, allowing investors, analysts, and policymakers to understand the current state of the economy and make informed decisions based on the data.
Conducted by Thomson Reuters in partnership with the global market research firm IPSOS, the PCSI survey collects data from a representative sample of Canadian consumers. The respondents share their opinions on various aspects of the economy, such as personal finances, job security, and overall economic conditions. The index is calculated by evaluating these responses and assigning numeric scores to each of the components. A higher index level represents increased consumer confidence and optimism, while a lower level signifies pessimism or decreased confidence in the economy.
The Thomson Reuters IPSOS PCSI is released on a monthly basis, providing a regular and up-to-date snapshot of consumer sentiment in Canada. The index plays an essential role in shaping monetary policy, as changes in consumer confidence can impact consumer spending, investment, and overall economic growth. As a result, the PCSI serves as a vital economic indicator for market participants and policymakers alike, helping them make well-informed decisions for the Canadian economy's betterment.
The Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) is an economic calendar event in Mexico that measures the level of consumer confidence in the country. It provides valuable insights into household spending, overall economic well-being, and consumer attitude towards the country's current and future financial conditions.
This index is calculated through a worldwide monthly survey by Thomson Reuters and IPSOS, a global market research firm. The survey collects data on consumer expectations in numerous countries, including Mexico. The PCSI is a composite score derived from public opinions about current economic conditions, personal finances, employment prospects, and inflation expectations.
A higher PCSI score indicates positive sentiment among consumers, which could lead to increased household spending and economic growth. Conversely, a lower score reflects the pessimism in consumer sentiment and may result in reduced spending and weaker economic indicators. Economists, investors, and policymakers closely monitor the PCSI as it helps them understand consumer trends and make informed decisions to stimulate or stabilize the economy.
The Thomson Reuters IPSOS PCSI (Primary Consumer Sentiment Index) is an event that is featured in the economic calendar for Argentina. This index provides a comprehensive insight into the overall consumer confidence levels within the country.
By measuring and analyzing consumer opinions and perceptions in areas such as local and national economic prospects, personal finances, employment, and investment scenarios, the PCSI helps businesses, government entities, and investors gauge the strength of the Argentine consumer market and population sentiment during a specified time frame.
The index consists of survey responses from a randomly-selected, representative sample of Argentine citizens, making it a key indicator of the country's economic health. A high PCSI value typically reflects a positive consumer outlook, while a low value suggests that consumers may be more pessimistic about the future. The PCSI is, thus, a vital data point for observing trends in consumer behavior and predicting potential repercussions on Argentina's economic climate.
The Thomson Reuters Ipsos Monthly Global Primary Consumer Sentiment Index is a composite index of 11 questions that run monthly via online polls in the countries surveyed. The data output is based on the views of a fresh, randomly selected representative sample each month of primary consumers aged 18-64 in the US and Canada and aged 16-62 in other countries. Primary consumers are a comparable, standardized and weighted group in each country based on a minimum level of education and income. The eleven questions capture consumer views on: 1. Current overall economic situation in country 2. Current state of economy in local area 3. Expectations of local economy in six months 4. Current personal financial situation rating 5. Expectations of personal financial situation in six months 6. Comfort in making major purchases 7. Comfort in making other household purchases 8. Confidence about job security 9. Confidence in ability to invest in the future 10. Experience with job loss as a result of economic conditions 11. Expectations of job loss as a result of economic conditions
The Federal Budget Balance measures the difference in value between the federal government's income and expenditure during the reported month. A positive number indicates a budget surplus, a negative number indicates a deficit.
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.
Manufacturing Sales measures the change in the overall value of sales made by manufacturers.
A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
The Business Sentiment Index (BSI) Large Manufacturing Conditions Index measures business sentiment in manufacturing. The data is derived from a survey of large Japanese manufacturers. It is a key indicator of the strength of the Japanese economy, which relies heavily on the manufacturing industry. A level above zero indicates improving conditions; a level below indicates worsening conditions. This survey may help to predict the Bank of Japan's Tankan Large Manufacturing Index which is generally released about a week later.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
Thursday, 12 MarchThe Royal Institution of Chartered Surveyors (RICS) House Price Balance measures the percentage of surveyors reporting a house price increase in their designated area. A level above 0.0% indicates more surveyors reported a rise in prices; below indicates more reported a fall. The report is a leading indicator of house price inflation as surveyors have access to the latest price data.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
The Swedish Public Employment Service's unemployment statistics are business statistics, retrieved directly from the authority's database. The employment service's statistics are based on individuals who are registered as unemployed in the authority's database.
The Trade Balance index measures the difference in worth between exported and imported goods over the reported month. Export demand is directly linked to currency demand, while export demand also has an impact on production levels.
The most popular index for evaluating Swedish inflation is the Consumer Price Index (CPI). The CPI is a time-series measure of fluctuations in prices for goods and services purchased by households nationwide. Another inflation related index is the Consumer Price Index with Fixed Interest Rate (CPIF) m/m. CPIF is calculated monthly based on the same data that is used for the main CPI calculation. However, the direct impact of changes in the monetary policy is excluded from the calculation. It is believed that the Riksbank's monetary policy affects the CPI through changes in mortgage rates. The index shows the change in the current month compared to the previous one.
The most popular index for evaluating Swedish inflation is the Consumer Price Index (CPI). The CPI is a time-series measure of fluctuations in prices for goods and services purchased by households nationwide. Another inflation related index is the Consumer Price Index with Fixed Interest Rate (CPIF) y/y. CPIF is calculated monthly based on the same data that is used for the main CPI calculation. However, the direct impact of changes in the monetary policy is excluded from the calculation. It is believed that the Riksbank's monetary policy affects the CPI through changes in mortgage rates. However, these changes are not connected with the underlying inflationary pressure. The index shows the change in the current month compared to the same month of the previous year.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the SEK, while a lower than expected reading should be taken as negative/bearish for the SEK.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the SEK, while a lower than expected reading should be taken as negative/bearish for the SEK.
Sweden, Consumer Prices, By Commodity, Special Indexes, Underlying CPIF, Index. The Underlying Inflation Rate according to CPIF (CPI at constant interest rates) differs from CPI by keeping interest rate for households mortgage interest payment at a constant rate. CPIF is calculated on request fromSveriges Riksbank (the Swedish central bank).
Sweden, Consumer Prices, By Commodity, Special Indexes, Underlying CPIF, Index. The Underlying Inflation Rate according to CPIF (CPI at constant interest rates) differs from CPI by keeping interest rate for households mortgage interest payment at a constant rate. CPIF is calculated on request fromSveriges Riksbank (the Swedish central bank).
The current account is the international flow of money for purposes other than investments. It offers a broad picture of how an economy is managing its finances with the rest of the world. If a country has a deficit in its current account it means that it has a saving deficit. The country is living above its means and is gradually becoming indebted to the world. The current account consists of the net total of: - (BOP) TRADE BALANCE: Export f.o.b. less Imports c.i.f. - (BOP) GENERAL GOVERNMENT: This covers all government current expenditure and receipts not appropriated to trade balance or to other transactions. - (BOP) TRANSPORT: Sea Transport and Civil Aviation: Receipts and payments for passenger fares, freight, charter hire, passage money, oil bunkers, airport charges and other disbursements. - (BOP) TRAVEL: The net value of Personal expenditure from tourism. - (BOP) FINANCIALS AND OTHER SERVICES - (BOP) INTEREST, PROFITS, AND DIVIDENDS - (BOP) TRANSFERS
Trade balance, called also net export, is the difference between the value of country's exports and imports, over a period of time. A positive balance (trade surplus) means that exports exceed imports, a negative one means the opposite. Positive trade balance illustrates high competitiveness of country's economy. This strengthens investor's interest in the local currency, appreciating its exchange rate. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Trade balance, called also net export, is the difference between the value of country's exports and imports, over a period of time. A positive balance (trade surplus) means that exports exceed imports, a negative one means the opposite. Positive trade balance illustrates high competitiveness of country's economy. This strengthens investors' interest in the local currency, appreciating its exchange rate.
Industry is a basic category of business activity. Firms in the same industry are on the same side of the market, produce goods which are close substitutes and compete for the same customers. For statistical purposes, industries are categorized following a uniform classification code such as Standard Industrial Classification (SIC). Changes in the volume of the physical output of the nation's factories, mines and utilities are measured by the index of industrial production. The figure is calculated as a weighted aggregate of goods and reported in headlines as a percent change from previous months. It is often adjusted by season or weather conditions and thus volatile. However, it is used as a leading indicator and helps in forecasting GDP changes.
Retail Sales measures the change in the total value of sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and averaging them; the goods are weighted according to their importance. Changes in CPI are used to assess price changes associated with the cost of living.
A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and averaging them; the goods are weighted according to their importance. Changes in CPI are used to assess price changes associated with the cost of living.
Balance of payments is a set of accounts recording all economic transactions between the residents of the country and the rest of the world in a given period of time, usually one year. Payments into the country are called credits, payments out of the country are called debits. There are three main components of a balance of payments: - current account - capital account - financial account Either a surplus or a deficit can be shown in any of these components. Current account records the values of the following: - trade balance, export and imports of goods and services - income payments and expenditure,interest, dividends, salaries - unilateral transfers, aid, taxes, one-way gifts It shows how a country deals with the global economy on a non-investment basis. Balance of payments shows strengths and weaknesses in a country's economy and theref helps to achieve balanced economic growth.
Balance of payments is a set of accounts recording all economic transactions between the residents of the country and the rest of the world in a given period of time, usually one year. Payments into the country are called credits,payments out of the country are called debits. There are three main components of a balance of payments: - current account - capital account - financial account. Either a surplus or a deficit can be shown in any of these components. Current account records the values of the following: - trade balance exports and imports of goods and services - income payments and expenditure interest, dividends, salaries - unilateral transfers.It shows how a country deals with the global economy on a non-investment basis. Balance of payments shows strengths and weaknesses in a country's economy an therefore helps to achieve balanced economic growth. The release of a balance of payments can have a significant effect on the exchange rate of a national currency against other currencies. It is also important to investors of domestic companies that depend on exports. Positive current account balance is when inflows from its components into the country exceed outflows of the capital leaving the country. Current account surplus may strengthen the demand for local currency. Persistent deficit may lead to a depreciation of a currency.
Gold Production is a significant economic calendar event for South Africa, considering the importance of the precious metal in the country's economy. This event sheds light on the amount of gold produced during a specific period, providing valuable insight into the performance of the country's mining industry and overall economic health.
A higher-than-expected gold production level typically results in a positive outlook for South Africa's economy, reflecting growth and development in the mining sector. On the other hand, a lower-than-expected level could indicate challenges within the industry, potentially affecting South Africa's economic stability and attractiveness for investments.
Statistics South Africa (Stats SA) publishes monthly mining production indices and mineral sales based on the information furnished by the Department of Mineral Resources and Energy (DMRE). The results of this survey are used to calculate the volume of mining production indices in order to estimate the gross domestic product (GDP) and its components, which in turn are used to develop and monitor government policy.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
The Thomson Reuters IPSOS PCSI (Primary Consumer Sentiment Index) is an important economic calendar event for the United Kingdom that provides valuable insights into consumer confidence within the country. This index offers a snapshot of the overall consumer sentiment by gauging their levels of optimism or pessimism regarding the economy, personal finance, job security, and other relevant criteria.
As a monthly survey, the Thomson Reuters IPSOS PCSI serves as a leading economic indicator and has a notable impact on the direction of consumer spending and economic growth. An increase in the index suggests a rise in consumer confidence, which can lead to increased spending and investment, contributing positively to economic activities. Conversely, a decrease in the index indicates declining consumer confidence, which may result in reduced spending and a subsequent slowdown in economic growth.
For investors, traders, and policymakers, the Thomson Reuters IPSOS PCSI serves as a vital tool to gauge the overall health of the United Kingdom's economy and to make informed decisions for the future course of action.
The Thomson Reuters IPSOS PCSI (Primary Consumer Sentiment Index) is an economic calendar event in Sweden that measures the overall sentiment of the Swedish consumers. Gaining insights into consumer sentiment is important as it reflects the confidence and optimism of the population towards the nation's economy.
The PCSI is based on a survey, conducted monthly by global market research company Ipsos, on various aspects of the population, such as personal finances, job security, national economic conditions, and investment intentions. The index is calculated using an aggregation of these survey results, providing an overview of consumer confidence in Sweden.
Higher index numbers indicate a higher level of consumer optimism, while lower numbers suggest growing pessimism. Financial markets and policymakers monitor the PCSI to analyze trends and make informed decisions, as the index can be an early indicator of potential economic growth or decline, and offers insight on consumer spending patterns.
The Thomson Reuters Ipsos Monthly Global Primary Consumer Sentiment Index is a composite index of 11 questions that run monthly via online polls in the countries surveyed. The data output is based on the views of a fresh, randomly selected representative sample each month of primary consumers aged 18-64 in the US and Canada and aged 16-62 in other countries. Primary consumers are a comparable, standardized and weighted group in each country based on a minimum level of education and income. The eleven questions capture consumer views on: 1. Current overall economic situation in country 2. Current state of economy in local area 3. Expectations of local economy in six months 4. Current personal financial situation rating 5. Expectations of personal financial situation in six months 6. Comfort in making major purchases 7. Comfort in making other household purchases 8. Confidence about job security 9. Confidence in ability to invest in the future 10. Experience with job loss as a result of economic conditions 11. Expectations of job loss as a result of economic conditions
The Thomson Reuters Ipsos Monthly Global Primary Consumer Sentiment Index is a composite index of 11 questions that run monthly via online polls in the countries surveyed. The data output is based on the views of a fresh, randomly selected representative sample each month of primary consumers aged 18-64 in the US and Canada and aged 16-62 in other countries. Primary consumers are a comparable, standardized and weighted group in each country based on a minimum level of education and income. The eleven questions capture consumer views on: 1. Current overall economic situation in country 2. Current state of economy in local area 3. Expectations of local economy in six months 4. Current personal financial situation rating 5. Expectations of personal financial situation in six months 6. Comfort in making major purchases 7. Comfort in making other household purchases 8. Confidence about job security 9. Confidence in ability to invest in the future 10. Experience with job loss as a result of economic conditions 11. Expectations of job loss as a result of economic conditions
The Thomson Reuters Ipsos Monthly Global Primary Consumer Sentiment Index is a composite index of 11 questions that run monthly via online polls in the countries surveyed. The data output is based on the views of a fresh, randomly selected representative sample each month of primary consumers aged 18-64 in the US and Canada and aged 16-62 in other countries. Primary consumers are a comparable, standardized and weighted group in each country based on a minimum level of education and income. The eleven questions capture consumer views on: 1. Current overall economic situation in country 2. Current state of economy in local area 3. Expectations of local economy in six months 4. Current personal financial situation rating 5. Expectations of personal financial situation in six months 6. Comfort in making major purchases 7. Comfort in making other household purchases 8. Confidence about job security 9. Confidence in ability to invest in the future 10. Experience with job loss as a result of economic conditions 11. Expectations of job loss as a result of economic conditions
The Export number, is the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. A higher than expected number should be taken as positive to the ILS, while a lower than expected number as negative
The Imports number provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. A lower than expected number should be taken as positive to the ILS, while a higher than expected number as negative
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported. A higher than expected reading should be taken as positive/bullish for the ILS , while a lower than expected reading should be taken as negative/bearish for the ILS.
The Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) is an important monthly economic indicator that measures the level of consumer confidence in Israel. It reflects the financial expectations and overall sentiment of Israeli households regarding the national economy, job prospects, personal finances, and investment opportunities.
This economic calendar event is closely monitored by market participants, as it can provide valuable insights into the current state of the consumer sector, which is a major component of the Israeli economy. A higher PCSI score suggests that consumers are feeling more optimistic and are likely to increase their spending, thereby boosting the economy, while a lower score indicates weaker consumer sentiment and a potential slowdown in economic growth.
The index is calculated using survey data collected by Ipsos, a global market research company, in partnership with Thomson Reuters, a leading multinational information provider. Investors, analysts, and policymakers use the PCSI results to make informed decisions and to evaluate the overall health of Israel's economic landscape.
The Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) is a highly regarded economic indicator released on a monthly basis. The index measures the level of consumer confidence in various countries, including Spain. It captures consumers' attitudes towards the current and future economic circumstances, which can have a significant impact on consumers' spending patterns.
A higher level of the PCSI suggests that consumers are optimistic about the economy, which may lead to increased spending and support economic growth. Conversely, a lower level indicates consumers are more cautious and may reduce their spending, potentially hindering economic growth. Investors, policymakers, and businesses closely follow the PCSI as it provides valuable insights into the overall health of the country's economy and consumer behavior.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and
The EU Harmonised Index of Consumer Prices is calculated in each Member State ofthe European Union. The purpose of this index is to allow the comparison of consumer price trends in the different Member States. The following items, constituting approximately 8% of the Irish CPI expenditure weighting, are still excluded from the HICP: mortgage interest, dwelling insurance (non-service), building materials, hospital charges, union subscriptions, motor cycle tax, house insurance content (non-service), motor car tax and motor car insurance (non-service).
The EU Harmonised Index of Consumer Prices is calculated in each Member State ofthe European Union. The purpose of this index is to allow the comparison of consumer price trends in the different Member States. The following items, constituting approximately 8% of the Irish CPI expenditure weighting, are still excluded from the HICP: mortgage interest, dwelling insurance (non-service), building materials, hospital charges, union subscriptions, motor cycle tax, house insurance content (non-service), motor car tax and motor car insurance (non-service).
The Thomson Reuters IPSOS PCSI, also known as the Primary Consumer Sentiment Index, is a significant economic calendar event for Belgium. This index is designed to measure the overall consumer confidence and sentiment in Belgium's economy.
Being a monthly indicator, the data is collected through surveys conducted by IPSOS, a global market research firm, in collaboration with Thomson Reuters, a multinational information company. The survey targets a diverse range of Belgian consumers to gauge their perceptions on current and future economic conditions, personal financial situation, major purchases, and their job security.
A higher score on this index indicates increased consumer optimism, which in turn can influence spending and investments, ultimately boosting economic growth. Conversely, a lower score signals weakened consumer confidence, possibly leading to reduced spending and slower economic growth. Therefore, investors, policymakers, and businesses closely monitor the Thomson Reuters IPSOS PCSI to make informed decisions based on evolving financial market trends and sentiments.
Imports of goods and services are recorded on the resources side of the external balance of goods and services and exports of goods and services on the uses side. The difference between resources and uses is the balancing item in the account, called 'external balance of goods and services'. If it is positive,there is a surplus for the rest of the world and a deficit for the total economy and vice versa if it is negative. Movement of goods, into or out of a country, that are added to or subtracted from a country's stock of goods and that are object of the statistics of the international trade A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
The Thomson Reuters IPSOS PCSI, or Primary Consumer Sentiment Index, is an economic calendar event for Saudi Arabia. This index is a monthly measure of consumer confidence and economic optimism in the country. The data is collected through a survey conducted by the market research firm, Ipsos, in partnership with Thomson Reuters, a multinational media conglomerate.
The index assesses the public's perception of the current economic situation, outlook for the future, personal financial situation, and spending habits. It serves as a vital indicator for understanding consumer behavior, preferences, and expectations, which can impact the overall economic growth and development of the country.
A higher index value indicates a positive sentiment among consumers, suggesting increased economic optimism, while a lower value signifies a more negative outlook. As a result, policymakers, businesses, and investors closely monitor and analyze the Thomson Reuters IPSOS PCSI event for making informed decisions.
The Thomson Reuters IPSOS PCSI (Primary Consumer Sentiment Index) is an important event on Poland's economic calendar. It serves as an indicator of consumer confidence within the country, making it an essential economic measure for investors, businesses, and policymakers.
As a collaborative effort between Thomson Reuters and IPSOS, this monthly survey measures the overall sentiment and spending intentions of Polish consumers. It covers various aspects such as personal finances, unemployment, and national economic outlook, thereby providing an extensive understanding of the country's consumer market.
A high PCSI reading indicates increased consumer confidence, potentially leading to increased spending and investment, while a low reading signals decreasing confidence and possible economic setbacks. As such, the Thomson Reuters IPSOS PCSI plays a vital role in shaping Poland's economic growth and financial stability.
The Thomson Reuters Ipsos Monthly Global Primary Consumer Sentiment Index is a composite index of 11 questions that run monthly via online polls in the countries surveyed. The data output is based on the views of a fresh, randomly selected representative sample each month of primary consumers aged 18-64 in the US and Canada and aged 16-62 in other countries. Primary consumers are a comparable, standardized and weighted group in each country based on a minimum level of education and income. The eleven questions capture consumer views on: 1. Current overall economic situation in country 2. Current state of economy in local area 3. Expectations of local economy in six months 4. Current personal financial situation rating 5. Expectations of personal financial situation in six months 6. Comfort in making major purchases 7. Comfort in making other household purchases 8. Confidence about job security 9. Confidence in ability to invest in the future 10. Experience with job loss as a result of economic conditions 11. Expectations of job loss as a result of economic conditions
The Central Bank of the Republic of Turkey's (CBRT) Monetary Policy Committee votes on where to set the overnight interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.
A higher than expected rate is positive/bullish for the TRY, while a lower than expected rate is negative/bearish for the TRY.
The overnight rate is the rate at which large banks borrow and lend from one another in the overnight market. The overnight rate is the lowest available interest rate, and as such, it is only available to the most creditworthy institutions.
A higher than expected reading should be taken as positive/bullish for the TRY, while a lower than expected reading should be taken as negative/bearish for the TRY.
The overnight rate is the rate at which large banks borrow and lend from one another in the overnight market. The overnight rate is the lowest available interest rate, and as such, it is only available to the most creditworthy institutions.
A higher than expected reading should be taken as positive/bullish for the TRY, while a lower than expected reading should be taken as negative/bearish for the TRY.
The Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) is an important economic calendar event that measures the overall consumer confidence and economic outlook in Hungary. It provides a snapshot of consumers' perceptions regarding the national economy, personal finance, job security, and willingness to make significant purchases.
This index is based on a monthly survey conducted by Thomson Reuters in collaboration with IPSOS, a leading global market research firm. The survey participants are chosen to be representative of the population and are asked a series of questions related to various aspects of the economy. The responses are then consolidated into an overall index, which can range from 0 to 100.
A higher PCSI value indicates a greater level of confidence among consumers towards the economy, which can lead to increased consumer spending, investments, and overall economic growth. Conversely, a lower value signifies a less favorable outlook, potentially resulting in lower consumer spending and cautious behavior. As such, the Thomson Reuters IPSOS PCSI is closely watched by investors, businesses, and policymakers to gauge the health of the economy and make informed decisions.
Trade balance, called also net export, is the difference between the value of country's exports and imports, over a period of time. A positive balance (trade surplus) means that exports exceed imports, a negative one means the opposite. Positive trade balance illustrates high competitiveness of country's economy. This strengthens investors' interest in the local currency, appreciating its exchange rate.
Manufacturing Production measures the change in the total inflation-adjusted value of output produced by manufacturers. A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
Manufacturing Production measures the change in the total inflation-adjusted value of output produced by manufacturers. A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
The Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) is an economic calendar event for South Africa, reflecting the nation's overall consumer sentiment. A survey conducted by leading market research firm IPSOS, in partnership with Thomson Reuters, measures consumer confidence in the country's economy through a number of key aspects.
The data gathered through this survey helps gauge the overall outlook of consumers, including their attitudes toward current and future economic conditions, personal financial situations, and willingness to make significant purchases. As a leading indicator, the PCSI offers valuable insights into consumer behavior, investment trends, and the potential direction of the country's economy.
The Serbian Benchmark Interest Rate, also known as the key policy rate, is the main interest rate set by the National Bank of Serbia (NBS). It serves as a basis for determining the cost of borrowing on loans and the return on savings in the country. As one of the essential tools for implementing monetary policy, the benchmark interest rate is crucial for controlling inflation and maintaining economic stability.
When the NBS raises the benchmark interest rate, it aims to discourage excessive borrowing and spending, which can lead to inflation. On the other hand, lowering the interest rate is meant to stimulate borrowing, investment, and overall economic growth. Hence, the benchmark interest rate is a crucial indicator of the NBS's stance on monetary policy and can highly influence financial markets and the Serbian economy.
The Consumer Price Index (CPI) in Serbia is a significant economic calendar event that reflects the changes in the general price level of consumer goods and services purchased by households in the country. This index is compiled and published on a monthly basis by the Statistical Office of the Republic of Serbia.
The CPI is used as a key measure of inflation, providing useful insights into the purchasing power of household income, as well as an essential tool for both the government and central banks in devising appropriate economic policies, such as interest rate adjustments and fiscal measures. A high or growing CPI may indicate increased inflation and the potential need for intervention, whereas a low or declining CPI suggests price stability or even deflationary pressures.
For investors, traders, and businesses alike, monitoring the CPI event in Serbia is essential for understanding the health of the country's consumer market and making informed decisions on local investment, trade, and business expansion strategies.
The Consumer Price Index (CPI) is a vital economic indicator that measures the average price change in a basket of consumer goods and services over a specific period. In the case of Serbia, this index reflects the changes in costs for household consumption in both urban and rural areas across various regions.
By assessing the price fluctuations in this basket, the CPI can help track inflation trends and evaluate the purchasing power of the Serbian population. Consequently, it plays a crucial role in shaping economic policies and informing investment decisions in Serbia.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the BRL, while a lower than expected reading should be taken as negative/bearish for the BRL.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the BRL, while a lower than expected reading should be taken as negative/bearish for the BRL.
The Extended National Consumer Price Index (IPCA, in Portuguese) measures the inflation rate for a group of products and services from retail trade, relative to household expenditure. IPCA is the benchmark inflation index observed by the Central Bank of Brazil. IPCA encompasses families with household income ranging from 1 to 40 minimum wages, from whatever source, living in main urban areas.
Building Permits measures the change in the number of new building permits issued by the government. Building permits are a key indicator of demand in the housing market.
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.
Building Permits is a report closely watched by economists and investors alike. Since all related factors associated with the construction of a building are important economic activities (for example, financing and employment), the building permit report can give a major hint as to the state of the economy in the near future. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.
Housing starts measures the change in the annualized number of new residential buildings that began construction during the reported month. It is a leading indicator of strength in the housing sector.
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.
Housing Starts measures the change in the number of new constructions underway. The construction industry is one of the first to go into a recession when the economy declines but also to recover as conditions improve. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
Building Permits measures the change in the number of new building permits issued by the government. Building permits are a key indicator of demand in the housing market.
A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
The exports number provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. A higher than expected number should be taken as positive to the CAD, while a lower than expected number as negative
The Imports number measures any good or service brought into one country from another country in a legitimate fashion, typically for use in trade. Import goods or services are provided to domestic consumers by foreign producers. A lower than expected number should be taken as positive to the CAD, while a higher than expected number as negative
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.
A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
Wholesale Sales measures the change in the total value of sales at the wholesale level. It is a leading indicator of consumer spending.
A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
Continuing Jobless Claims measures the number of unemployed individuals who qualify for benefits under unemployment insurance.
A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.
Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week.
A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.
Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week.
As the week to week numbers might be very volatile, the four week moving average smooths the weekly data and used for the initial jobless claims metric A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.
The Interest Rate Decision is a crucial economic event on the calendar for Angola. This announcement is made by the National Bank of Angola, which sets the interest rates for the country. The decision on whether to increase, decrease, or maintain the current interest rate levels is primarily based on the nation's economic health.
When the economy is overheating, with inflation rising, the bank may decide to raise interest rates to cool down economic activity by making borrowing more expensive. Conversely, if the economy is in a downturn with low inflation, the bank may decide to lower interest rates to stimulate economic activity by making borrowing cheaper.
Investors and analysts closely monitor this event, as it directly affects the cost of borrowing within the country and impacts the value of the Angolan Kwanza. This, in turn, can influence the investment climate and the balance of trade, significantly affecting the overall economic scenario of Angola.
The Energy Information Administration (EIA) Natural Gas Storage report measures the change in the number of cubic feet of natural gas held in underground storage during the past week.
While this is a U.S. indicator it tends to have a greater impact on the Canadian dollar, due to Canada's sizable energy sector.
If the increase in natural gas inventories is more than expected, it implies weaker demand and is bearish for natural gas prices. The same can be said if a decline in inventories is less than expected.
If the increase in natural gas is less than expected, it implies greater demand and is bullish for natural gas prices. The same can be said if a decline in inventories is more than expected.
FX Reserves measures the foreign assets held or controlled by the country's central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.
The figures displayed in the calendar represent the rate on the Treasury Bill auctioned.
U.S. Treasury Bills have maturities of a few days to one year. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital. The rate on a Treasury Bill represents the return an investor will receive by holding the bill for its entire duration. All bidders receive the same rate at the highest accepted bid.
Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
The figures displayed in the calendar represent the rate on the Treasury Bill auctioned.U.S. Treasury Bills have maturities of a few days to one year. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital. The rate on a Treasury Bill represents the return an investor will receive by holding the bill for its entire duration. All bidders receive the same rate at the highest accepted bid. Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the ARS, while a lower than expected reading should be taken as negative/bearish for the ARS.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the ARS, while a lower than expected reading should be taken as negative/bearish for the ARS.
The National Consumer Price Index (CPI) is a critical economic indicator released by Argentina's National Institute of Statistics and Censuses (INDEC). The CPI measures the average change in prices over time that consumers pay for a basket of goods and services, typical of urban households.
This includes categories like food, housing, apparel, transportation, electronics, medical care, and other goods and services. A rise in the index signifies inflation, depicting that consumers need to spend more to maintain the same standard of living. Conversely, a drop indicates deflation.
Economists, central banks, and investors closely monitor CPI since it provides insight into the country's inflationary or deflationary pressures, a key market mover. This data, especially if it differs from market expectations, can cause substantial shifts in financial markets.
The Business NZ Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion; a reading below 50 indicates contraction. It gives an indication about the health of the manufacturing section and production growth in New Zealand.
A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
Tourism is a service based industry that applies to people o!G s traveling and staying in a place that is not their usual environment and for the purpose of leisure, not business. It includes such elements as accommodation, food and beverages, souvenirs, tours, transport but also relaxation, adventure, culture. Tourism can substantially impact economic development of both host countries and home countries of tourists. However, consequences can be both positive and negative. Benefits from tourism industry concern: income from tourists expenditures as well as imports and exports of goods and services, contributions to government revenues from taxes put on tourism businesses, stimulation of infrastructure investment and new employment opportunities. However, a country or region should not be dependent only on this one industry. The seasonal character of tourism causes problems such as insecurity of seasonal workers that concern.
Permanent and long-term arrivals include overseas migrants who arrive in New Zealand intending to stay for a period of 12 months or more (or permanently), plus New Zealand residents returning after an absence of 12 months or more.
The Central Reserve Bank of Peru's Monetary Policy Committee decision on where to set the benchmark interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.
A higher than expected rate is positive/bullish for the PEN, while a lower than expected rate is negative/bearish for the PEN.
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported. A higher than expected reading should be taken as positive/bullish for the PEN , while a lower than expected reading should be taken as negative/bearish for the PEN.
