FX.co ★ Traders economic calendar. International economic events

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 PHP, 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 PHP, 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 PHP , while a lower than expected reading should be taken as negative/bearish for the PHP.

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 SGD, while a lower than expected reading should be taken as negative/bearish for the SGD.

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 SGD, while a lower than expected reading should be taken as negative/bearish for the SGD.

The unemployment rate represents the number of unemployed persons expressed as a percentage 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 the labour force for that group. A higher than expected reading should be taken as negative/bearish for the HUF, while a lower than expected reading should be taken as positive/bullish for the HUF.

Net Forward Position= Bank of Thailand s forward obligations to buy (+) or sell;(-) foreign currency against Thai Baht A swap that involves the exchange of principal and interest in one currency for the same in another currency. It is considered to be a foreign exchange transaction and is not required by law to be shown on a company's balance sheet.

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. International reserves = Gold Foreign exchange Special Drawing Rights Reserve position in the IMF.

Bank Lending measures the change in the total value of outstanding bank loans issued to consumers and businesses. Borrowing and spending are closely correlated with consumer confidence. 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.

Bank Loan Growth measures the change in the total value of outstanding bank loans issued to consumers and businesses. Borrowing and spending are closely correlated with consumer confidence. 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.

Deposit Growth is an important economic calendar event in India that reflects the percentage change in the total value of deposits held by various institutions, such as commercial banks, credit unions, and thrifts over a specific period. The growth in deposits indicates an increase in investment, potential savings, and liquidity in the market, which are crucial factors for a stable and growing economy.

Higher deposit growth often signals increased consumer confidence and a positive outlook on the economy, while slower growth may point towards a weaker economic environment or uncertainties. Policymakers, investors, and financial institutions closely monitor deposit growth rates to make informed decisions related to monetary policies and investment strategies.

International reserves are used to settle balance of payments deficits between countries. International reserves are made up of foreign currency assets, gold, holdings of SDRs and reserve position in the IMF. 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. 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.

Russian Real Wage Growth is an important economic calendar event that tracks the changes in salaries, adjusted for inflation, in Russia. This indicator takes into account the variation in consumer prices to provide a more accurate picture of salary increases or decreases. Real wage growth is a key measure to assess the overall economic health of the country and plays a crucial role in the wellbeing of citizens.

A positive real wage growth rate shows that the salary increases outpace inflation, allowing citizens to comfortably meet their living expenses and contribute to the growth of the national economy. On the other hand, a negative real wage growth rate implies that salary increments lag behind inflation, limiting the purchasing power of individuals and possibly hampering overall economic development.

As a result, the Russian Real Wage Growth event holds significant interest among investors, policymakers, and market analysts. Higher than expected figures indicate favorable economic conditions, while lower than expected numbers may hint at potential economic challenges or a slowdown.

The Retail Sales is a monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes in Russia excluding auto. It is an important indicator of consumer spending and also correlated to consumer confidence.

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 Unemployment Rate is a measure of the percentage of the total labor force that is unemployed but actively seeking employment and willing to work in Russia.

A high percentage indicates weakness in the labor market. A low percentage is a positive indicator for the labor market in Russia and should be taken as positive for the RUB.

Business Confidence rates the current level of business conditions. 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 RUB, while a lower than expected reading should be taken as negative/bearish for the RUB.

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 RUB, while a lower than expected reading should be taken as negative/bearish for the RUB.

The indicator shows the amount of capital flows that is directed to the country by foreign investors. Capital flows are essential for developing and emerging markets. They contribute to enhancing investments and financing current account deficits. 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 Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.

The U.S. Baker Hughes Total Rig Count is an important economic event that tracks the number of active drilling rigs operating in the United States. This data is published weekly by the oilfield services company Baker Hughes and serves as a valuable tool for monitoring the health of the energy sector.

The report is a primary indicator of drilling activity in the U.S., including rigs engaged in the exploration and extraction of oil and natural gas. The rig count can provide hints about future production levels, as a higher total rig count usually indicates increased exploration and production of oil and natural gas, while lower counts often signal cutbacks.

Market participants, policymakers, and analysts closely watch the Baker Hughes Rig Count, as it can provide vital information on trends in the energy industry and have an impact on oil prices. Sudden changes in the rig count might result in price fluctuations in the energy markets, making it a crucial event for trading purposes.

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 ARS, while a lower than expected reading should be taken as negative/bearish for the ARS.