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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.
The balance figures are obtained by deducting the weighted proportion of negative answers from that of positive answers. The positive balance figure for unemployment means that unemployment is estimated to go up. The consumer confidence indicator is the average of the balance figures for four questions concerning the next 12 months: own and Finlands economy, households saving possibilities and unemployment (with changed sign). The balance figures and the confidence indicator can range between -100 and 100. Confidence indicator is a measure of the mood of consumers or businesses. It is usually based on a survey during which respondents rate their opinion on different issues concerning current and future conditions. There are many kinds of confidence indicators as institutions measuring them use different questions, sizes of samples or frequency of publications.
EK business tendency surveys are part of the EU s harmonised system of business surveys. The surveys are carried out between the 1st and 25th of each month. Industrial confidence indicator is calculated from the responses of manufacturing executives to three questions: production expectations in the next few months, order books as well as (-) finished goods inventories compared to normal.
Trade balance 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 rateA 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.
Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. 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.
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 HKD, 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 HKD, while a lower than expected number as negative.
An index that measures and tracks the changes in price of goods in the stages before the retail level. Wholesale price indexes (WPIs) report monthly to show the average price changes of goods sold in bulk, and they are a group of the indicators that follow growth in the economy. Although some countries still use the WPIs as a measure of inflation, many countries, including the United States, use the producer price index (PPI) instead.
The National Association of Realtors (NAR) Pending Home Sales Report measures the change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction.
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 National Association of Realtors (NAR) Pending Home Sales Report measures the change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.
The Dallas Fed conducts the Texas Manufacturing Outlook Survey monthly to obtain a timely assessment of the state factory activity. Firms are asked whether output, employment, orders, prices and other indicators increased, decreased or remained unchanged over the previous month. Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase. When the share of firms reporting an increase exceeds the share of firms reporting a decrease, the index will be greater than zero, suggesting the indicator has increased over the prior month. If the share of firms reporting a decrease exceeds the share reporting an increase, the index will be below zero,suggesting the indicator has decreased over the prior month. An index will be zero when the number of firms reporting an increase is equal to the number of firms reporting a decrease. 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.
Employment is the total number of persons above a specified age, who in a short reference period (e.g. a week or a day), were in paid employment or self-employment. Paid employment includes persons who worked in the reference period or who had a job but were temporarily absent from work. Self-employment includes persons who either worked in the reference period or were temporarily absent from work. Series data show evolution of formal employment in Brazil. It is measured by the movements declared in CAGED - Cadastro Geral de Empregados e Desempregados (General Register of Employment and Unemployment) of the Ministry of Labour. There are separate series for thousands of admitted and dismissed employees per month (registered in CAGED), as well as for net, i.e. admitted less dismissed. Totals of admitted, dismissed and net are also broken down to eight main sectors of economic activity according to the IBGE.
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 KRW, while a lower than expected reading should be taken as negative/bearish for the KRW.
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 KRW, while a lower than expected reading should be taken as negative/bearish for the KRW.
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 KRW, while a lower than expected reading should be taken as negative/bearish for the KRW.
The Service Sector Output shows the volume of production of South Korean service industries. A higher output is considered inflationary, which may indicate a possible interest rates hike.
A reading that is stronger than forecast is generally supportive (bullish) for the KRW, while a weaker than forecast reading is generally 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 EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
M3 Money Supply measures the change in 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.
Housing loans include loans to households with collateral in the form of single-family dwellings, condominiums and tenant-owned apartments. 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.
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 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 ans weaknesses in a country's economy and 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.
Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents. A function of international trade whereby goods produced in one country are shipped to another country for future sale or trade. The sale of such goods addsto the producing nation's gross output. If used for trade, exports are exchangedfor other products or services. Exports are one of the oldest forms of economic transfer, and occur on a large scale between nations that have fewer restrictions on trade, such as tariffs or subsidies.
Imports of goods and services consist of transactions in goods and services (purchases, barter, gifts or grants) from non-residents to residents. A good or service brought into one country from another. Along with exports, imports form the backbone of international trade. The higher the value of imports entering a country, compared to the value of exports, the more negative that country's balance of trade becomes.
The Private Consumption Index (PCI) measures monthly private consumption expenditure. A rising value reflects increased consumer spending.
A higher than expected reading should be taken as positive/bullish for the THB, while a lower than expected reading should be taken as negative/bearish for the THB.
Private Investment Index is a composite index representing private investment conditions. It is constructed from 5 components including construction area permitted in municipal zone, domestic cement sales, import of capital goods at constant price, commercial car sales and domestic machinery sales. A higher than expected reading should be taken as positive/bullish for the THB , while a lower than expected reading should be taken as negative/bearish for the THB.
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 THB, while a lower than expected reading should be taken as negative/bearish for the THB.
Economic confidence index is a composite index that encapsulates consumers’ and producers’ evaluations, expectations and tendencies about general economic situation. The index is combined by means of a weighted aggregation of sub-indices of consumer confidence, seasonally adjusted real sector (manufacturing industry), services, retail trade and construction confidence indices. In the calculation of economic confidence index, each sectoral weights are not directly applied to the five confidence indices themselves but to their normalised individual sub-indices series as equally-distributed in each sector. Within this scope, totally 20 sub-indices of confidence indices for consumer, real sector, services, retail trade and construction are used in the calculation. Sub-indices used in the calculation of economic confidence index are calculated with data collected in the first two weeks of each month. It indicates an optimistic outlook about the general economic situation when economic confidence index is above 100, whereas it indicates a pessimistic outlook when it is below 100.
This release comprises all persons 15 years of age and over who were not employed (neither worked for profit, payment in kind or family gain at any job even for one hour, who have no job attachment) during the reference period who have used at least one channels for seeking a job during the last three months and were available to start work within 15 days. Persons who have already found a job or established their own job but were waiting to complete necessary documents to start work and who were available to start work within 15 days were also considered to be unemployed. A higher than expected reading should be taken as negative/bearish for the TRY, while a lower than expected reading should be taken as positive/bullish for the TRY.
The KOF Leading Indicators Index is designed to predict the direction of the economy over the following six months. The index is a composite reading of 12 economic indicators related to banking confidence, production, new orders, consumer confidence and housing.
A higher than expected reading should be taken as positive/bullish for the CHF, while a lower than expected reading should be taken as negative/bearish for the CHF.
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 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.
Harmonised Index of Consumer Prices, is the same as CPI, but with a joint basket of products for all Eurozone member countries. 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.
Harmonised Index of Consumer Prices, is the same as CPI, but with a joint basket of products for all Eurozone member countries. 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 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.
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 figureA 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 Central Bank Currency Purchase is an economic event in Norway that refers to the acquisition of foreign currency by Norges Bank, the country's central bank. This event has an impact on the country’s foreign exchange reserves and monetary policy.
Central banks often engage in currency purchases to regulate the value of their domestic currency by underpinning or weakening it against foreign currencies. This can be a vital tool in addressing economic imbalances, improving export competitiveness, and maintaining financial stability.
The Norwegian economy, influenced by its reliance on oil exports, experiences fluctuations with global oil price changes. As a result, currency purchases may be used to mitigate the possible adverse effects of these fluctuations on the domestic economy.
Investors and market participants pay close attention to this economic event, as it can cause significant movements in the Norwegian krone and affect financial markets. Additionally, the event can provide insight into the central bank's assessment of the national economy and their monetary policy strategy.
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.
Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. The most volatile components like autos, gas prices and food prices are often removed from the report to show more underlying demand patterns as changes in sales in these categories are frequently a result of price changes. It is not adjusted for inflation. Spending on services is not included. Rising retail sales indicate stronger economic growth.
Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. The most volatile components like autos, gas prices and food prices are often removed from the report to show more underlying demand patterns as changes in sales in these categories are frequently a result of price changes. It is not adjusted for inflation. Spending on services is not included. Rising retail sales indicate stronger economic growth.
Debt-to-GDP ratio is one of the indicators of the health of an economy. It is the amount of national debt of a country as a percentage of its Gross Domestic Product (GDP). A low debt-to-GDP ratio indicates an economy that produces a large number of goods and services and probably profits that are high enough to pay back debts. A higher than expected reading should be taken as negative/bearish for the BRL , while a lower than expected reading should be taken as positive/bullish for the BRL.
Brazil's consolidated public sector comprises the Central Government, regional governments and public enterprises. The nominal (fiscal) budget balance includesdebt servicing costs. For calculation of the nominal result, nominal interest ofthe federal government is included on an accrual basis. Fiscal statistics presented according to the "above the line" criterion applied by the National Treasury Secretariat to consolidate, compile and produce the data.
Brazil's consolidated public sector comprises the Central Government, regional governments and public enterprises. The primary budget balance excludes debt servicing costs (payments of interest and amortizations of the public debt, as well as state and municipal loans). Moreover, the following items are excluded from the calculation of the primary result: interest, earnings on deposits, privatization revenues, cash and credit operations. Fiscal statistics presented according to the "above the line" criterion applied by the National Treasury Secretariat to consolidate, compile and produce the data.
Gross Debt-to-GDP ratio is one of the indicators of the health of an economy. It is the amount of national debt of a country as a percentage of its Gross Domestic Product (GDP). A low Gross Debt-to-GDP ratio indicates an economy that produces a large number of goods and services and probably profits that are high enough to pay back debts. A higher than expected reading should be taken as negative/bearish for the BRL, while a lower than expected reading should be taken as positive/bullish for the BRL.
The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment.
A higher than expected reading should be taken as negative/bearish for the CLP, while a lower than expected reading should be taken as positive/bullish for the CLP.
The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment.
A higher than expected reading should be taken as negative/bearish for the BRL, while a lower than expected reading should be taken as positive/bullish for the BRL.
The House Price Index (HPI) is a broad measure of the movement of single-family house prices, with mortgages backed by Fannie Mae or Freddie Mac. This report helps to analyze the strength of the US housing market, which helps to analysis the economy as a whole.
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 HPI is published by OFHEO using data provided by Fannie Mae and Freddie Mac. House price index is a statistic designed to reflect the average change of house prices across the country or a certain area. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative
OFHEO's House Price Index (HPI) is a measure designed to capture changes in the value of single-family homes in the U.S. as a whole, in various regions of the country. The HPI is published by OFHEO using data provided by Fannie Mae and Freddie Mac. House price index is a statistic designed to reflect the average change of house prices across the country or a certain area. It ensures that the relative importance of different property types in different regions remains fixed throughout the life of the index. Different adjustment must be used as no two houses are identical. Therefore characteristics such as physical attributes of a house or its location should be included in the calculation if the index. Rising house prices are likely to increase consumer confidence and consumer spending which lead to rising aggregate demand. This can have two effects. On one hand it causes higher economic growth. However, on the other hand, it might contribute to inflation. Increased consumer spending is usually aimed at imported goods thus higher house prices cause current account deficit.
House price index is a statistic designed to reflect the average change of house prices across the country or a certain area.It ensures that the relative importance of different property types in different regions remains fixed throughout the life of the index. Different adjustment must be used as no two houses are identical. Therefore characteristics such as physical attributes of a house or its location should be included in the calculation if the index. Rising house prices are likely to increase consumer confidence and consumer spending which lead to rising aggregate demand. This can have two effects. On one hand it causes higher economic growth. However, on the other hand, it might contribute to inflation. Increased consumer spending is usually aimed at imported goods thus higher house prices cause current account deficit.
The S&P/Case-Shiller House Price Index measures the change in the selling price of single-family homes in 20 metropolitan areas.
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 Case-Shiller index prices are measured monthly and tracks repeat sales of houses using a modified version of the weighted-repeat sales methodology proposed by Karl Case and Robert Shiller and Allan Weiss. This means that, to a large extent, it is able to adjust for the quality of the homes sold, unlike simple averages. As a monthly tracking index, Case-Shiller Index has long lag time. Typically, it takes about 2 months for S&P to publish the results, as opposed to 1 month for most other monthly indices and indicators. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.
Government deficit or surplus is the net of operating surplus and public debt charges.The budget of a government is a summary or plan of the intended revenues and expenditures of that government. Surplus in general refers to an excess of income over expenditure. Deficit refers to the negative of the budget surplus, thus the excess of expenditure over income. 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.
survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase. When the share of firms reporting an increase exceeds the share of firms reporting a decrease, the index will be greater than zero, suggesting the indicator has increased over the prior month. If the share of firms reporting a decrease exceeds the share reporting an increase, the index will be below zero, suggesting the indicator has decreased over the prior month. An index will be zero when the number of firms reporting an increase is equal to the number of firms reporting a decrease.
Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase. When the share of firms reporting an increase exceeds the share of firms reporting a decrease, the index will be greater than zero, suggesting the indicator has increased over the prior month. If the share of firms reporting a decrease exceeds the share reporting an increase, the index will be below zero, suggesting the indicator has decreased over the prior month. An index will be zero when the number of firms reporting an increase is equal to the number of firms reporting a decrease.
SHCP = Secretaria de Hacienday Credito Publico. Public sector includes : Federal Government and organizations and companies under the direct budgetary control and indirect budgetary control.
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 KRW, while a lower than expected reading should be taken as negative/bearish for the KRW.
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 KRW, while a lower than expected reading should be taken as negative/bearish for the KRW.
Housing credit includes housing loans outstanding to persons by banks, permanentbuilding societies, credit unions, money market corporations and finance companies. Lending and credit to the private non-finance sector (including public trading enterprises) or, where stated, the government sector, by those financial intermediaries whose liabilities are included in broad money.
Private Sector Credit measures the change in the total value of new credit issued to consumers and businesses.
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.
The Composite PMI Index measures the activity level of purchasing managers in the both sectors. A reading above 50 indicates expansion in the sector; a reading below 50 indicates contraction. 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.
China Manufacturing Purchasing Managers Index (PMI) provides an early indication each month of economic activities in the Chinese manufacturing sector.It is compiled by China Federation of Logistics & Purchasing (CFLP) and China Logistics Information Centre (CLIC), based on data collected by the National Bureau of Statistics (NBS).Li & Fung Research Centre is responsible for drafting and disseminating the English PMI report. Every month questionnaires are sent to over 700 manufacturing enterprises all over China. The data presented here is compiled from the enterprises responses about their purchasing activities and supply situations. The PMI should be compared to other economic data sources when used in decision-making. 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.
China Non-Manufacturing Purchasing Managers Index (PMI) provides an early indication each month of economic activities in the Chinese Non-manufacturing sector.It is compiled by China Federation of Logistics & Purchasing (CFLP) and China Logistics Information Centre (CLIC), based on data collected by the National Bureau of Statistics (NBS).Li & Fung Research Centre is responsible for drafting and disseminating the English PMI report. Every month questionnaires are sent to over 700 Non-manufacturing enterprises all over China. The data presented here is compiled from the enterprises responses about their purchasing activities and supply situations. The PMI should be compared to other economic data sources when used in decision-making. 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 terms M1, M2, M3 refer to the monetary aggregates. Monetary Aggregate or money supply is the quantity of money available within the economy to purchase goods, services, and securities. M1: Technically defined this is the sum of: the tender that is held outside banks, travelers checks, checking accounts (but not demand deposits), minus the amount of money in the Federal Reserve float. M2: The sum of: M1, savings deposits (this would include money market accounts from which no checks can be written), small denomination time deposits, retirement accounts. M3: M2 plus long-term deposits held by the domestic private sector. The monetary aggregates have been revised to include promissory notes. The monetary aggregates have always included negotiable certificates of deposit but excluded promissory notes, earlier on.
Credit extended by a country's central bank to domestic borrowers, including the government and commercial banks. An increase in domestic credit tends to increase the stock of money and, ceteris paribus, leads to an outflow of international reserves thereby, in the long run, decreasing the money stock. Total of investments, bills discounted, instalment sale credit, leasing finance, mortagage advances and other loans and advances.
Money Supply is the aggregate amount of monetary assets available in a country at a specific time. According to the Financial Times, Money Supply M0 and M1, also known as narrow money, includes coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M2 includes M1 plus short-term time deposits in banks. Money Supply M3 includes M2 plus longer-term time deposits. A higher than expected number should be taken as negative to the MYR while a higher than expected number as negative.
Foreign trade statistics include imports, imports with waiver and exports. Import figures include all direct imports to the country for domestic consumption also goods entering the customs area for temporary admission transit transhipment or to be stored in a bonded warehouse and then offered to the domestic market after modification of their import status Exports include goods produced domestically. Foreign trade statistics exclude export and import data obtained from duty-free zones and duty-free shops. 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.
M3 Money Supply measures the change in 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.
The official reserve assets are assets denominated in foreign currency, readily available to and controlled by monetary authorities for meeting balance of payments financing needs, intervening in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). They present a very comprehensive picture on a monthly basis of stocks at market price, transactions, foreign exchange and market revaluations and other changes in volume.
The M3 Money Supply is an economic calendar event for Hong Kong that comprises a broader measure of money supply in the nation's economy. It takes into account several financial assets, such as cash, checking deposits, and easily converted near money, to determine the amount of money available for transactions and investment purposes.
This indicator is essential for economists, investors, and policymakers as it provides insights into the overall liquidity and potential inflationary pressures within the Hong Kong economy. The growth or contraction of the M3 Money Supply often affects the financial market, interest rates, and exchange rates by giving clues about the monetary policy trends set by the Hong Kong Monetary Authority.
A higher than expected M3 Money Supply growth rate is usually considered positive for the currency, as it suggests increased economic activity and rising inflationary pressures. On the other hand, a lower than expected growth rate can signal a slowdown in economic activity and reduced inflationary pressures, which may negatively impact the currency value.
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 PLN, while a lower than expected reading should be taken as negative/bearish for the PLN.
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.
M3 Money Supply measures the change in 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.
The accounts compiled by the Pay and Accounts Offices are consolidated on a monthly basis in the Principal Accounts Offices at the Ministry's headquarters. The consolidated accounts of the Ministry are rendered to the Controller Generalof Accounts. The accounts received from various Ministries are consolidated in the office of the Controller General of Accounts to generate the accounts of theGovernment of India as a whole.
Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. Rising retail sales indicate stronger economic growth. However, if the increase is larger than forecast, it may be inflationary. 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.
The figure measures the Changes in the volume of the physical output of the nation's cooper production. 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.
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 CLP, while a lower than expected reading should be taken as negative/bearish for the CLP.
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. Monthly import and export figures are unaudited figures obtained from declarations made by importers and exporters of goods. The Customs and Excise Act allows for revisions by importers and exporters for a period up to two years retrospectively. It is not possible to see exactly for what month a particular revision has been made. Revisions are only made to the cumulative figures. 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.
Consisting of official public sector foreign assets that are readily available to, and controlled by the monetary authorities, for direct financing of payment imbalances, and directly regulating the magnitude of such imbalances, through intervention in the exchange markets to affect the currency exchange rate and/or for other purposes.
The Chicago Purchasing Managers' Index (PMI) determines the economic health of the manufacturing sector in Chicago region. A reading above 50 indicates expansion of the manufacturing sector; a reading below indicates contraction. The Chicago PMI can be of some help in forecasting the ISM manufacturing PMI.
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 unemployment rate represents the number of unemployed persons expressed as apercentage of the labour force. The unemployment rate for a particular age/sex group is the number of unemployed in that group expressed as a percentage of thelabour force for that group.
The unemployment rate represents the number of unemployed persons expressed as apercentage of the labour force. The unemployment rate for a particular age/sex group is the number of unemployed in that group expressed as a percentage of thelabour force for that group.
Balance of payments (BOP) 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 BOP: - current account - capital account - financial account 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 - aid, taxes, one-way gifts It shows how a country deals with the global economy on a non-investment basis. BOP shows strengths & weaknesses in a country's economy & therefore helps to achieve balanced economic growth. 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.
Private Sector Loans is an economic calendar event in Saudi Arabia that reflects the financial activity and lending conditions between local banks and private businesses within the kingdom. This event provides valuable insights into the overall health of the Saudi Arabian economy and the level of confidence that businesses have in the financial system.
The data signifies the volume of loans provided to companies, businesses, and individuals in the Saudi private sector, which has a direct impact on consumption, investments, and growth initiatives that shape the nation's economy. By monitoring this event, investors, stakeholders, and policymakers can evaluate the health of the credit market and business activity in Saudi Arabia, which is crucial for understanding how the monetary policy and credit conditions affect market trends and the overall economic performance of the country.
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 KRW, 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 KRW, 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 KRW, while a lower than expected reading should be taken as negative/bearish for the KRW.
The PMI index measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. 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 Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
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 Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
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 PMI index measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. A higher than expected reading should be taken as positive/bullish for the PHP, while a lower than expected reading should be taken as negative/bearish for the PHP.
The Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
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 PMI index measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
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.
The PMI index measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. A higher than expected reading should be taken as positive/bullish for the VND , while a lower than expected reading should be taken as negative/bearish for the VND.
The PMI Report on Manufacturing is a monthly publication, researched & published by Markit.The survey covers industrial sectors based on Standard Industrial Classification (SIC) groups; Chemicals, Electrical, Food/Drink, Mechanical Engineering, Metals, Textiles, Timber/Paper, Transport, Other.The results are presented by question asked, showing the % of respondents reporting an improvement, deterioration or no-change since the previous month. From these %, an index is derived such that a level of 50.0 signals no-change since the previous month. Above 50.0 signals an increase (or improvement), below 50.0 a decrease (or deterioration). The greater the divergence from 50.0, the greater the rate of change signaled.
The Chinese HSBC Manufacturing PMI is a composite indicator designed to provide an overall view of activity in the manufacturing sector and acts as an leading indicator for the whole economy. When the PMI is below 50.0 this indicates that the manufacturing economy is declining and a value above 50.0 indicates an expansion of the manufacturing economy.
Flash figures are released approximately 6 business days prior to the end of the month. Final figures overwrite the flash figures upon release and are in turn overwritten as the next Flash is available.
The Chinese HSBC Manufacturing PMI is concluded from a monthly survey of about 430 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories.
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 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 and inflation. 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.
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 IDR, 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 IDR, 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 inflation. 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.
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 inflation.
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.
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 IDR, while a lower than expected reading should be taken as negative/bearish for the IDR.
The Russian HSBC Manufacturing PMI is a composite indicator designed to provide an overall view of activity in the manufacturing sector and acts as an leading indicator for the whole economy. When the PMI is below 50.0 this indicates that the manufacturing economy is declining and a value above 50.0 indicates an expansion of the manufacturing economy.
Flash figures are released approximately 6 business days prior to the end of the month. Final figures overwrite the flash figures upon release and are in turn overwritten as the next Flash is available.
The HSBC Manufacturing PMI is concluded from a monthly survey of hundreds of purchasing managers, which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories.
A higher than expected reading should be taken as positive/bullish for the RUB , while a lower than expected reading should be taken as negative/bearish for the RUB.
The Istanbul Chamber of Industry Manufacturing Purchasing Managers' Index (PMI) is a key indicator of the economic health of Turkey's manufacturing sector. It is derived from monthly surveys of purchasing managers at approximately 450 manufacturing companies. A PMI reading above 50 indicates an expansion in the manufacturing sector, while a reading below 50 suggests contraction. The index offers insights into various factors including output, new orders, employment, supplier delivery times, and inventory levels.
As a forward-looking indicator, the Istanbul Chamber of Industry Manufacturing PMI can provide valuable insights into business conditions and potential future economic activity in Turkey. It is watched by investors, policymakers, and analysts to gauge the economic environment and to make informed decisions regarding investments, economic policy, and strategy.
The Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. 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.
Purchasing managers are asked a series of questions that measure whether business conditions have improved, deteriorated or remained unchanged from the previous month.results are calculated as diffusion indices. These are calculated as the percentage of respondents indicating an improvement, plus an addition of half the percentage of respondents indicating no change. Diffusion indices differ from percentage balances in that they do not effectively exclude the findings of those who reported no change. An index reading of 100 indicates that all informants expect an increase and a score of zero indicates that all informants expect a decrease. A score of 50 shows that informants are either equally divided between those expecting an increase and those expecting a decrease or that all respondents report no change in activity in comparison with theprevious month.
The PMI is a composite index based on the diffusion indexes for the following five indicators, with varying judgmental weights applied: new orders - 30 percent; production - 25 percent, employment - 20 percent, supplier deliveries - 15 percent and inventories - 10 percent. Diffusion indexes are convenient summary measures showing the prevailing direction of change and the scope of change. They fluctuate from 0-100%. For any of the business survey indicators, an index reading of 50% indicates no change in the aggregate series being measured, because an equal number of committee members reported increases and decreases. An index reading above 50% indicates that the economy, or that indicator of the economy, is generally expanding and below 50%, generally declining. 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 Purchasing Managers Index is a monthly survey of business conditions, using identical survey methodology in each country participating in the surveys. Markit produces the Greek Purchasing Managers Index in association with the Hellenic Purchasing Institute (HPI). Each month questionnaires are sent to a panel of 300 companies, selected to accurately reflect the structure of the manufacturing sector. Data are collected relating to: output, new orders, export orders, quantity of goods purchased, input prices, supplier delivery performance, stocks of goods purchased, stocks of finished goods and employment. Several of the above series are combined together to form a single composite indicator of the manufacturing sector - the Purchasing Managers Index.
The car registrations published by the European Automobile Manufacturers’ Association (ACEA) describe the number of new passenger car registrations in the United Kingdom. If the number increases, this is a sign of increasing consumption. At the same time, British carmakers are earning more money, leading to rising profits. This generally boosts the economy - and vice versa. If car registrations are higher than expected, this usually leads to a rising pound (GBP) exchange rate on the currency markets. Conversely, the pound exchange rate (GBP) falls if new registrations are lower than expected or if expectations are missed.
The car registrations published by the European Automobile Manufacturers’ Association (ACEA) describe the number of new passenger car registrations in the United Kingdom. If the number increases, this is a sign of increasing consumption. At the same time, British carmakers are earning more money, leading to rising profits. This generally boosts the economy - and vice versa. If car registrations are higher than expected, this usually leads to a rising pound (GBP) exchange rate on the currency markets. Conversely, the pound exchange rate (GBP) falls if new registrations are lower than expected or if expectations are missed.
The HSBC Brazil Manufacturing PMI is based on data compiled from monthly replies to questionnaires sent to purchasing executives in around 400 manufacturing companies. The panel is stratified geographically and by Standard Industrial Classification (SIC) group, based on industry contribution to Brazilian GDP. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month.An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease.
The budget of a government is a summary or plan of the intended revenues and expenditures of that government. Surplus in general refers to an excess of income over expenditure. Deficit refers to the negative of the budget surplus, thus the excess of expenditure over income.Do not include net lending (revenues including repayments and expenditure lends).
The Index (PMI) measures the activity level of purchasing managers in the services sector. A reading above 50 indicates expansion in the manufacturing sector; a reading below 50 indicates contraction. 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 Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. 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 HSBC Manufacturing PMI is based on data compiled from monthly replies to questionnaires sent to purchasing executives in around 400 manufacturing companies. The panel is stratified geographically and by Standard Industrial Classification (SIC) group, based on industry contribution to Brazilian GDP. Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month.An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease.
The Australian Manufacturing Purchasing Managers Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. 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.
The Purchasing Managers Index (PMI) is a composite indicator designed to provide an overall view of activity in the manufacturing sector and acts as an leading indicator for the whole economy. The PMI is a composite index based on the diffusion indexes for the following five indicators and their weight: New orders - 0.3, Output - 0.25 , Employment - 0.2, Suppliers delivery times - 0.15 and Stock of items purchased - 0.1 with the Delivery times index inverted so that it moves in a comparable direction. When PMI is below 50.0 this indicates that the manufacturing economy is declining and a value above 50.0 indicates an expansion of the manufacturing economy. The individual survey indexes have been seasonally adjusted using the US Bureau of Census X-11 programme. The seasonally adjusted series are then used to calculate the seasonally adjusted PMI. A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.
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 CZK, while a lower than expected reading should be taken as negative/bearish for the CZK.
GDP measures summary value of goods and services generated in a relevant country or region. A region's gross domestic product, or GDP, is one of the ways for measuring the size of its economy. Expenditure approach - Total expenditures on all finished goods and services produced within the economy. Calculation: GDP using the expenditure approach is derived as the sum of all final expenditures, changes in inventories and exports of goods and services less imports of goods and services. Market influence of GDP Unexpectedly high quarterly GDP growth is perceived to be potentially inflationary if the economy is close to full capacity; this, in turn, causes bond prices to drop and yields and interest rates to rise. Where the stock market is concerned on one side higher than expected growth leads to higher profits and that's good for the stock market.
The Spanish Manufacturing PMI is a composite indicator designed to provide an overall view of activity in the manufacturing sector and acts as an leading indicator for the whole economy. When PMI is below 50.0 this indicates that the manufacturing economy is declining and a value above 50.0 indicates an expansion of the manufacturing economy. The individual survey indexes have been seasonally adjusted using the US Bureau of Census X-11 program. The seasonally adjusted series are then used to calculate the seasonally adjusted PMI. 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 HKD , while a lower than expected reading should be taken as negative/bearish for the HKD.
The Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; a reading below 50 indicates contraction. 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 Italian Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. 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 French Manufacturing Purchasing Manager's Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; a reading below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
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 Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
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.
Unemployment is the total number of all persons above a specified age, who in a short reference period were: not employed, available for work (either for paid work or for self employment) and were seeking work (were actively searching for employment or taking active steps towards self-employment).The definition for anunemployed person is: Persons (16-65 years) who were available for work (except for temporary illness) but did not work during the survey week, and who made specific efforts to find a job within the previous 4 weeks by going to an employment agency, by applying directly to an employer, by answering a job ad, or being on a union or professional register.
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.
The PMI measures changes in activity in Norwegian industry based on monthly surveys carried out among 300 purchasing managers in the manufacturing industry. It is the weighted average of five different subindices regarding the conditions in purchase; production, order books, stock of purchases, delivery time and workforce. A reading in excess of 50 indicates positive sentiment among a majority of respondent companies, while a figure below 50 points to negative expectations. 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.
M3 Money Supply measures the change in 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.
M3 Money Supply measures the change in 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.
The Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
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.
Private Loans measures the change in the total value of new loans issued to non financial corporations. 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 Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
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.
Business Confidence measures the current business conditions in Portugal. 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 Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in 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 definition for an unemployed person is: Persons (16-65 years) who were available for work (except for temporary illness) but did not work during the survey week, and who made specific efforts to find a job within the previous 4 weeks by going to an employment agency, by applying directly to an employer, by answering a job ad, or being on a union or professional register. The percentage number is calculated unemployed / (employed + unemployed). A higher than expected reading should be taken as negative/bearish for the EUR , while a lower than expected reading should be taken as positive/bullish for the EUR.
The Economic Activity Index provides an early estimate for real gross domestic (GDP) performance in Chile.
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 Manufacturing Purchasing Managers Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company's performance, which can be a leading indicator of overall economic performance. A higher than expected reading should be taken as positive/bullish for the SGD , while a lower than expected reading should be taken as negative/bearish for the SGD.
The Manufacturing & Services Purchasing Managers' Index (PMI) provides a comprehensive indication of the economic health of the manufacturing and services sectors in Australia. This composite index is based on data collected from company purchasing managers and is considered an essential indicator of business conditions. It reflects factors such as new orders, inventory levels, production, supplier deliveries, and employment.
The PMI is an influential economic indicator because it gives insight into the prevailing direction of both sectors and can signal the overall economic trajectory of the nation. A PMI reading above 50 typically indicates expansion, whereas a reading below 50 suggests contraction. Economists, investors, and policymakers closely monitor this report to gauge performance and make informed decisions regarding policy and investments.
The Judo Bank Services PMI (Purchasing Managers' Index) measures the performance of the service sector in Australia. It is an indicator of the economic health of the sector, which is vital as it comprises a significant portion of the economy. The index is derived from monthly surveys of purchasing managers in service-based companies, covering sectors like finance, insurance, real estate, transport, and communication.
A PMI above 50 signals expansion in the service sector, while a figure below 50 indicates contraction. Investors and policymakers closely monitor this data to assess economic growth, make business decisions, and formulate monetary policy. Fluctuations in the Services PMI can have significant implications for financial markets, as it reflects consumer demand and business activity levels within the Australian economy.