FX.co ★ Traders economic calendar. International economic events

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.

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 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 MYR, while a lower than expected reading should be taken as positive/bullish for the MYR.

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 currency account it means that it has a saving deficit. 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 transfer, aid, taxes, one way gifts It shows how a country deals with the global economy on a non-investment basis.

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).

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 figures displayed in the calendar represent the average yield on the Buoni del Tesoro Poliannuali or BTP auctioned.

Italian BTP bonds have maturities of three,five, ten, fifteen and thirty years. 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 BTP 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 Italian 7-Year BTP Auction is an economic event during which the Italian government periodically auctions off medium to long-term sovereign debt securities, called Buoni del Tesoro Poliennali (BTP), with a maturity of 7 years. Investors and institutions actively participate in these auctions to acquire the securities and thus, fund the government expenditures.

These auctions play a critical role in determining Italy's borrowing costs as higher yields indicate that investors perceive higher risks associated with lending money to the government. Therefore, the details of the auction, including the demand, yield, and coverage ratio, are closely monitored by stakeholders to understand the sentiments of investors towards Italian sovereign debt. An increase in investor confidence generally leads to lower yields, which contribute to lower borrowing costs and positively impact the Italian economy.

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 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.

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 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.

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 OPEC Monthly Oil Market Report covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance.

Eurogroup Meetings are a significant event on the economic calendar that brings together finance ministers from the 19 Eurozone countries to discuss and coordinate fiscal policies. These meetings, held regularly throughout the year, provide an important platform for exchange on the common currency, the euro, and the economic health of the Eurozone.

During these meetings, decision-makers from Eurozone member states work together to address ongoing challenges, create opportunities for growth, and maintain financial stability within the region. Key topics discussed during Eurogroup Meetings include budgetary policies, macroeconomic imbalances, financial reforms, and adherence to commonly agreed economic rules and guidelines.

The outcomes of Eurogroup Meetings can have a meaningful impact on financial markets, as decisions or policy shifts can influence investor sentiment, foreign exchange rates, and long-term fiscal strategies. As such, investors and financial analysts closely follow the developments from these meetings to assess the future direction of the Eurozone economy and make informed decisions about investments and trading strategies.

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.

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.

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.

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.

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

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

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 strenghts and 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.

The Brazilian Service Sector Growth is an important economic calendar event that showcases the recent performance and trends in Brazil's vibrant service industry. This growth indicator signifies the expansion or contraction in the service sector compared to the previous period.

As a major component of Brazil's economy, the service sector plays a key role in contributing to the nation's overall Gross Domestic Product (GDP). A strong and growing service sector represents job creation, increased business activity, and an improved economic outlook for the country. Thus, investors, policymakers, and various market participants closely monitor the Brazilian Service Sector Growth data release as it holds valuable information on the current state and future prospects of the country's economy.

The Brazilian Service Sector Growth event is an economic indicator that tracks the recent performance of the service sector within Brazil's economy. This metric encompasses a wide range of professional areas, including hospitality, healthcare, finance, and education. It is based on the indices of production, the level of new orders, employment, and supplier deliveries, offering valuable insight into the health of the service sector and its contribution to Brazil's overall economic growth.

When analyzing this key event, investors and policymakers look for changes in the trends and dynamics of the sector, as it can have significant implications for Brazil's GDP, labor market performance, and inflationary pressures. An upward trend in service sector growth often signals a thriving economy, increased consumer spending, and a positive business environment, which can lead to the appreciation of Brazil's currency. On the other hand, a slowdown in this growth might indicate economic headwinds and can negatively impact the country's financial markets.

Regular monitoring of the Brazilian Service Sector Growth event is crucial for market participants, as it helps to form a better understanding of Brazil's economic trajectory and make informed decisions accordingly.

The deposit facility is the rate which banks may use to make overnight deposits with the Eurosystem.

The six members of the European Central Bank (ECB) Executive Board and the 16 governors of the euro area central banks vote on where to set the 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 EUR, while a lower than expected rate is negative/bearish for the EUR.

European Central Bank Monetary Policy Statement contains the outcome of the ECB's decision on asset purchases and commentary about the economic conditions that influenced their decision.

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

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

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

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

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

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

The Producer Price Index (PPI) ex. Food/Energy/Transport is an important economic indicator that measures inflation in the United States. It specifically tracks the average change in the selling prices received by domestic producers for their goods and services, excluding the highly volatile food, energy, and transportation sectors.

This index is closely monitored by economists, businesses, and policymakers because it provides valuable insights into the health of the economy and the potential for future inflation. By removing the three most volatile sectors, the PPI ex. Food/Energy/Transport provides a clearer understanding of underlying inflation trends and helps paint a more accurate picture of overall economic conditions.

The Producer Price Index (PPI) ex. Food/Energy/Transport is an economic event that reports the change in the prices of goods and services produced by domestic companies, excluding crucial sectors such as food, energy, and transportation. The event is significant as it gives insights into inflation and cost pressures that affect producers and, ultimately, consumers.

By focusing on goods and services outside of the volatile food, energy, and transportation sectors, the PPI ex. Food/Energy/Transport provides a more stable measure of core inflation. A higher-than-expected value may indicate increasing inflationary pressures, while a lower-than-expected value could signal that inflation is subdued or even decelerating.

Investors, government authorities, and market participants closely monitor this economic event since it can influence monetary policy decisions and impact the financial markets, particularly the equity and bond markets.

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.

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 European Central Bank (ECB) press conference is held monthly, about 45 minutes after the Minimum Bid Rate is announced. The conference is approximately an hour long and has two parts. Firstly, a prepared statement is read, then the conference is open to press questions. The press conference examines the factors which affected the ECB's interest rate decision and deals with the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy. High levels of volatility can frequently be observed during the press conference as press questions lead to unscripted answers.

The Trade Balance index measures the difference in worth between exported and imported goods (exports minus imports). This is the largest component of a country's balance of payments.

Export data can give reflection on Russia's growth. Imports provide an indication of domestic demand. Because foreigners must buy the domestic currency to pay for the nation's exports, it may have sizable affect on the RUB.

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.

 Foreign Exchange Reserves are the foreign assets held or controlled by the country 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. A higher than expected number should be taken as positive to the RUB, while a lower than expected number as negative

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.

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.

This monthly report provides the current USDA forecasts of U.S. and world supply-use balances of major grains, soybeans and products, and cotton; and U.S. supply and use of sugar and livestock products.

The Cbank CoD Rate is an economic calendar event in Denmark that refers to the interest rate on short-term debt instruments issued by the country's central bank, also known as the certificate of deposit rate. This rate can affect borrowing costs for businesses and consumers, and influence investment decisions, as it plays a significant role in determining the overall direction of interest rates in the Danish economy.

A change in the Cbank CoD Rate may signal a change in monetary policy, reflecting the central bank's stance on inflation and economic growth. When the central bank increases the CoD rate, borrowing becomes more expensive, which could potentially slow down economic growth and inflation. Conversely, a decrease in the rate may stimulate economic activity and might lead to higher inflation.

Investors, analysts, and businesses closely monitor changes in the Cbank CoD Rate, as it can provide critical insight into the central bank's future policy decisions, as well as the general health and direction of the Danish economy. As a time-sensitive economic event, market participants should keep a close eye on announcements and decisions related to the Cbank CoD Rate.

The Current Account Rate is one of Denmark's key economic indicators that measures the difference between the country's total imports and exports of goods and services, as well as transfers and net income from investments across national borders.

A positive Current Account Rate indicates that Denmark has a trade surplus, which means that the value of its exported goods and services exceeds the value of its imports. On the other hand, a negative Current Account Rate implies that Denmark has a trade deficit, with higher import values than its exports.

This economic calendar event is important for financial market participants, since it provides insights into the country's trade balance, as well as its overall economic health and growth prospects. Investors, businesses, and policymakers closely monitor the Current Account Rate to make informed decisions about their investments and economic policies.

The discount rate is a key economic event for Denmark, as it affects the nation's borrowing costs, investments, and overall financial markets. This significant monetary policy tool, set by Danmarks Nationalbank, represents the interest rate charged to commercial banks for short-term loans.

In addition to influencing the cost of borrowing for businesses and households, the discount rate also impacts the money supply, inflation, and employment. A higher rate typically restricts the money supply, while a lower rate encourages economic growth and lending activity. The bank's adjustments to the rate stem from its aims to ensure price stability and maintain the stability of the Danish krone.

Investors and financial analysts keep a close watch on changes to the discount rate, as it has important implications for the trajectory of economic growth and future policy decisions. As a result, fluctuations in the rate can lead to shifts in market sentiment and market performance. To stay informed about the economy and make educated financial decisions, it is crucial to monitor the discount rate's development.

The Denmark Lending Rate is a key economic calendar event that highlights the interest rate set by the Danmarks Nationalbank, which is the country's central bank. This rate affects the cost of borrowing for financial institutions, and in turn, influences various facets of the Danish economy.

When the central bank adjusts the lending rate, it can either boost economic growth by encouraging borrowing and investment or curb inflation by making borrowing more expensive. As a result, changes in the lending rate can cause significant shifts in various financial markets, including stocks, bonds, and currency exchange rates.

Investors, traders, and businesses closely monitor this event as it provides valuable insight into the stance of Denmark's monetary policy and the overall economic health of the country.

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.

Visitor Arrivals measures the change in the number of short-term overseas visitors to New Zealand. Tourism plays an important role in the economy with approximately 10% of the population employed by the tourism industry.

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 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.