EIA Crude Oil Stocks Change

Stocks of crude oil refer to the weekly change of the crude oil supply situation.

EIA Gasoline Stocks Change

Stocks of gasoline refers to the weekly change of the gasoline supply situation.

EIA Gasoline Production Change

EIA Heating Oil Stocks Change

EIA Refinery Crude Runs Change

Crude Runs refer to the volume of crude oil consumed by refineries.

EIA Distillate Stocks Change

EIA Cushing Crude Oil Stocks Change

Change in the number of barrels of crude oil held in storage at the Cushing, Oklahoma during the past week.

EIA Crude Oil Imports Change

EIA Distillate Fuel Production Change

NAHB Housing Market Index

82

NAHB/Wells Fargo Housing Market Index (HMI) is based on a monthly survey of home builders. They are asked to rate current sales of single-family homes and sales expectations for the next six months and to rate traffic of prospective buyers. Scores for responses to each component are used to calculate a seasonally adjusted overall index, where a number over 50 indicates more builders view sales conditions as good than poor.

Business Inventories MoM

2.1%

Business Inventories in the United States measure the monthly percentage changes in inventories from manufacturers, retailers, and wholesalers. Inventories are a key component of gross domestic product.

Retail Inventories Ex Autos MoM

3.3%

Wholesale Sales MoM Final

0.6%

The Monthly Wholesale Trade Survey presents estimates of monthly sales for wholesale merchants in Canada, providing information on the performance of the wholesale trade sector as an important indicator of the health of the Canadian economy. In addition, the business community uses the data to analyse market performance.

Core Inflation Rate YoY

5.3%

In Poland, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.

Core Inflation Rate YoY

In Poland, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.

Current Account

-3957000000

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Balance of Trade

-2535000000

From the beginning of the past decade, Poland’s foreign trade turnover increased almost ten-fold. Poland exports processed fruit and vegetables, meat, dairy products, electromechanical products, vehicles, aircraft and vessels. Most of Poland's imports are capital goods needed for industrial retooling and for manufacturing inputs like machinery and transport equipment, chemicals, minerals, fuels and lubricants. European Union is by far its largest trading partner accounting for about 79% of exports and 64% of imports.

Inflation Rate YoY

5.1%

In Canada, the most important categories in the CPI basket are Shelter (27.5 percent of the total weight) and Transportation (19.3 percent). Food accounts for 16.1 percent; Household Operations, Furnishings and Equipment for 11.8 percent; Recreation, Education and Reading for 11.8 percent; Clothing and Footwear for 5.7 percent; Health and Personal Care for 5 percent; Alcoholic Beverages and Tobacco Products for the remaining 3 percent. The CPI basket is reviewed every four years on the basis of household surveys. The current weights are based on spending patterns in 2009.

Inflation Rate MoM

Inflation Rate MoM measures month over month change in the price of goods and services.

Core Inflation Rate YoY

4.3%

In Canada, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.

CPI Trimmed-Mean YoY

4%

CPI Trimmed is a measure of core inflation that excludes CPI components whose rates of change in a given month are located in the tails of the distribution of price changes. This measure helps filter out extreme price movements that might be caused by factors specific to certain components. In particular, CPI-trim excludes 20 percent of the weighted monthly price variations at both the bottom and top of the distribution of price changes, and thus it always removes 40 percent of the total CPI basket.

CPI Median YoY

3.3%

CPI median is a measure of core inflation corresponding to the price change located at the 50th percentile (in terms of the CPI basket weights) of the distribution of price changes in a given month. This measure helps filter out extreme price movements specific to certain components. This approach is similar to CPI-trim as it eliminates all the weighted monthly price variations at both the bottom and top of the distribution of price changes in any given month, except the price change for the component that is the midpoint of that distribution.

Retail Sales MoM

3.8%

Retail sales report in the US provides aggregated measure of sales of retail goods and services over a period of a month. There are thirteen major types of retailers: Motor vehicle & parts dealers (around 20 percent of total sales), Food & beverage stores (13%), General merchandise stores (12.5%), Food services & drinking places (11%), Gasoline stations (10%), Nonstore retailers (9.2%), Building material & garden dealers (6%), Health & personal care stores (6%), Clothing & clothing accessories stores (5%), Miscellaneous store retailers (2.3%), Furniture stores (2%), Electronics & appliance stores (2%) and Sporting goods, hobby, book & music stores (1.7%).

Retail Sales Ex Autos MoM

3.3%

Retail Sales Ex Autos report in the US provides aggregated measure of sales of retail goods and services excluding the automobile sector over a period of a month.

Export Prices MoM

2.9%

In the United States, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates.

Import Prices MoM

2%

In the United States, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates.

Retail Sales YoY

13%

In the United States, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.

Export Prices YoY

15.1%

In the United States, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates.

Import Prices YoY

10.8%

In the United States, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates.

Retail Sales Ex Gas/Autos MoM

3.8%

Retail Sales Ex Gas and Autos in the US provides aggregated measure of sales of retail goods and services excluding motor vehicle dealers and gasoline station over a period of a month.

PPI MoM

0.3%

In Portugal, the Producer Price Inflation MoM measures the monthly evolution of transaction prices in economic activities for the domestic and foreign markets. The indices are obtained based on the Survey on Prices in the Production of Industrial Products, carried out by electronic form, with companies based in the national territory, focusing mainly on the extractive, manufacturing and electricity, gas and water industries. About 10123 prices are collected every month. Intermediate goods is the biggest segment of producer prices, accounting for 36 percent of total PPI, followed by consumer goods (31 percent), energy (20 percent) and capital goods (12 percent).

PPI YoY

17.9%

In Portugal, the Industrial Production Price Index aims to show the monthly evolution of transaction prices in economic activities for the domestic and foreign markets. The indices are obtained based on the Survey on Prices in the Production of Industrial Products, carried out by electronic form, with companies based in the national territory, focusing mainly on the extractive, manufacturing and electricity, gas and water industries. About 10123 prices are collected every month. Intermediate goods is the biggest segment of producer prices, accounting for 36 percent of total PPI, followed by consumer goods (31 percent), energy (20 percent) and capital goods (12 percent).

Current Account

-1789000000

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

MBA 30-Year Mortgage Rate

MBA 30-Year Mortgage Rate is average 30-year fixed mortgage lending rate measured during the reported week and backed by the Mortgage Bankers Association.

MBA Mortgage Applications

In the US, the MBA Weekly Mortgage Application Survey is a comprehensive overview of the nationwide mortgage market and covers all types of mortgage originators, including commercial banks, thrift institutions and mortgage banking companies. The entire market is represented by the Market Index which covers all mortgage applications during the week, whether for a purchase or to refinance.

MBA Mortgage Market Index

The MBA Weekly Mortgage Application Survey is a comprehensive overview of the nationwide mortgage market and covers all types of mortgage originators, including commercial banks, thrift institutions and mortgage banking companies. The entire market is represented by the Market Index which covers all mortgage applications during the week. This includes all conventional and government applications, all fixed-rate mortgages (FRMs), all adjustable-rate mortgages (ARMs), whether for a purchase or to refinance.

MBA Mortgage Refinance Index

The MBA Weekly Mortgage Application Survey is a comprehensive overview of the nationwide mortgage market and covers all types of mortgage originators, including commercial banks, thrift institutions and mortgage banking companies. The entire market is represented by the Market Index which covers all mortgage applications during the week. This includes all conventional and government applications, all fixed-rate mortgages (FRMs), all adjustable-rate mortgages (ARMs), whether for a purchase or to refinance.

MBA Purchase Index

Retail Sales YoY

3.1%

In South Africa, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.

Retail Sales MoM

1.5%

In South Africa, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In South Africa, Retail sales are seasonal, volatile and relatively important to the overall economy.

10-Year Bund Auction

0.31%

Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

Harmonised Inflation Rate YoY

5.2%

The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.

ECB Elderson Speech

In the Euro Area, benchmark interest rate is set by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability which is to keep inflation below, but close to 2 percent over the medium term. In times of prolonged low inflation and low interest rates, ECB may also adopt non-standard monetary policy measures, such as asset purchase programmes. The official interest rate is the Main refinancing operations rate. .

ECB Panetta Speech

In the Euro Area, benchmark interest rate is set by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability which is to keep inflation below, but close to 2 percent over the medium term. In times of prolonged low inflation and low interest rates, ECB may also adopt non-standard monetary policy measures, such as asset purchase programmes. The official interest rate is the Main refinancing operations rate. .

IEA Oil Market Report

Unemployment Rate

13.4%

In Greece, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Inflation Rate YoY Final

4.8%

In Italy, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (16 percent of total weight); transport (15 percent); restaurants and hotels (12 percent); housing, water, electricity and other fuels (10 percent); and miscellaneous goods and services (10 percent). The index also includes: health (9 percent); recreation and culture (8 percent); clothing and footwear (7 percent); and furnishing and household equipment (7 percent). Alcoholic beverages, tobacco, communication and education contribute with the remaining 6 percent.

Harmonised Inflation Rate YoY Final

5.1%

The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.

Harmonised Inflation Rate MoM Final

0%

Inflation Rate MoM Final

1.6%

In Italy, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (16 percent of total weight); transport (15 percent); restaurants and hotels (12 percent); housing, water, electricity and other fuels (10 percent); and miscellaneous goods and services (10 percent). The index also includes: health (9 percent); recreation and culture (8 percent); clothing and footwear (7 percent); and furnishing and household equipment (7 percent). Alcoholic beverages, tobacco, communication and education contribute with the remaining 6 percent.

Construction Output YoY

29%

The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering.

Consumer Confidence

-9

In South Africa, the BER Consumer Confidence Index covers 2,500 households in metropolitan areas, cities, towns and villages. The survey is made from personal at-home interviews and assesses general economic outlook, household’s economic condition and major spending purposes. The index is computed as the difference between the share of respondents expecting an improvement from the percentage expecting a deterioration. The indicator varies on a scale of -100 to 100; a value of -100 indicates extreme lack of confidence, 0 neutrality and 100 extreme confidence.

Industrial Production MoM Final

-1%

In Japan, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.

Industrial Production YoY Final

2.7%

In Japan, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.

Capacity Utilization MoM

-0.4%

In Japan, capacity utilization is the quantity of production divided by the quantity of production capacity, expressing the state of operations for various facilities in the manufacturing industry. It does not measure the absolute level of capacity utilization but the relative capacity utilization rate compared with the benchmark year.

House Price Index YoY

2.3%

In China, Housing Index is measured by year-over-year change in the index of newly built residential buildings in 70 medium and large cities. The index is calculated in weighted average method and the weight of each city is based on the population.

NATO Defence Ministers Meeting

Balance of Trade

-2191100000000

Between 1980 and 2010 Japan had been recording trade surpluses every year due to rising exports. However, the trade balance swung to deficit in 2011, as the Fukushima nuclear disaster forced the country to increase its purchases of fossil fuels and gas in the wake of weaker yen. The surplus was back in 2016 and 2017, but in 2018 and 2019 Japan's trade balance shifted back into deficit amid persistent trade tensions between the US and China, and sluggish global growth. In 2019, Japan reported the biggest trade surpluses with the US, Hong Kong, South Korea, Taiwan, Singapore and the Netherlands. The biggest trade deficits were recorded with China, Australia, Saudi Arabia, the UAE and Qatar.

Exports YoY

9.6%

Exports of high technology products have been the engine of Japan's economic growth since 1960. Exports account for around 19 percent of total GDP. In 2019 exports fell 5.6 percent from the previous year's record high amid global trade tensions. Main exports were: transport equipment (24 percent of total exports), with motor vehicles accounting for 16 percent; machinery (20 percent) on the back of power generating machine and semicon machinery; electrical machinery (17 percent), such as semiconductors, IC and electrical apparatus; chemicals (11 percent), mainly plastic materials and organic chemicals; and manufactured goods (11 percent), such as iron and steel products, nonferrous metals and manufactures of metals. Japan's main export partners were the US (20 percent), China (19 percent), the EU (12 percent) in particular Germany (3 percent), South Korea (7 percent), Taiwan (6 percent), Hong Kong (5 percent), and Thailand (4 percent).

Imports YoY

39.6%

In 2019 imports to Japan dropped 5 percent from the previous year's record high amid global trade tensions. Main imports were: mineral fuels (22 percent of total imports), with petroleum accounting for 10 percent and LNG for 6 percent; electrical machinery (15 percent) on the back of telephony, telegraphy and semiconductors; chemicals (10 percent) due to medical products and organic chemicals; machinery (10 percent) in particular computers and units; foodstuff (9 percent) such as fish and fish preparations and meat and meat preparations; manufactured goods (9 percent) on nonferrous metals; and raw materials (6 percent) mainly ore of nonferrous and iron ore and concentrates. Japan's main import partners were China (23 percent), the EU (12 percent) in particular Germany (3 percent), the US (11 percent), Australia (6 percent), South Korea (4 percent), Saudi Arabia (4 percent), Taiwan (4 percent), the UAE (4 percent) and Thailand (4 percent).

Westpac Leading Index MoM

0.1%

The Westpac-Melbourne Institute Leading Index of Economic Activity combines a selection of economic variables that typically lead fluctuations in economic activity into a single measure that provides a reliable cyclical indicator for the Australian economy. The index includes the following components: S&P/ASX 200, dwelling approvals, US industrial production, RBA Commodity Prices Index (A$), aggregate monthly hours worked, Westpac-MI CSI expectations index, Westpac-MI Unemployment expectations index, yield spread (10Y bond – 90D bill). The index has a base value of 100 as of 1996.

Reuters Tankan Index

The Reuters Tankan is a monthly survey of leading Japanese companies, and it was formally known as Telerate Tankan until it was renamed after the acquisition of Quick Money line Telerate Corp. by Thomson Reuters Group. It covers a panel of 200 manufacturers and 200 non-manufacturers. The monthly figures are designed to provide early indications of the BOJs quarterly tankan. The indexes are derived by subtracting the percentage of respondents who say business conditions are poor from the percentage of those who say they are good.

Current Account

-8300000000

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

API Crude Oil Stock Change

Stocks of crude oil refer to the weekly change of the crude oil supply situation.

Net Long-term TIC Flows

114500000000

The Net Long-Term TIC Flows track the flow of Treasury and agency securities, corporate bonds and equities, into and out of the United States.

Foreign Bond Investment

44200000000

Foreign Bond Investment refers to net purchases of US treasury bonds and notes by foreign individuals or companies. Negative figures indicate net sales by foreigners to US residents or a net outflow of capital from the United States. .

Overall Net Capital Flows

-52400000000

Net Treasury International Capital Flows includes all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows.