3-Month BTF Auction

12-Month BTF Auction

6-Month BTF Auction

Current Account

-422000000

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

-1496000000

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.

Fed Bowman Speech

In the United States, the authority to set interest rates is divided between the Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC). The Board decides on changes in discount rates after recommendations submitted by one or more of the regional Federal Reserve Banks. The FOMC decides on open market operations, including the desired levels of central bank money or the desired federal funds market rate.

BCB Focus Market Readout

In Brazil, interest rate decisions are taken by The Central Bank of Brazil's Monetary Policy Committee (COPOM). The official interest rate is the Special System of Clearance and Custody rate (SELIC) which is the overnight lending rate.

Current Account

-2354000000

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).

Current Account

-39300000000

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).

Industrial Production YoY Final

0.5%

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

Construction Output YoY

7%

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

Inflation Rate MoM

-0.2%

In Switzerland, the most important categories in the consumer price index are: Housing and energy (27 percent of the total weight) and Healthcare (18 percent). Transport accounts for 10 percent; Food and non-alcoholic beverages for 12 percent; Restaurants and hotels for 7 percent; and Recreation and culture for 7 percent. The index also includes: Miscellaneous goods and services (6 percent); Household goods and services (4 percent); and Clothing and footwear (3 percent). Communication, Alcoholic Beverages and Tobacco and Education account for the remaining 6 percent of total weight.

Inflation Rate YoY

2.8%

In Switzerland, the most important categories in the Consumer Price Index are: Housing & Energy (27%) and Healthcare (17%). Food & Non-alcoholic Beverages account for 13%; Transport for 11%; Recreation & Culture for 7%; Miscellaneous Goods & Services for 6%; Restaurants & Hotels for 6%. The index also includes: Households Goods & Services (5%), Alcoholic Beverages & Tobacco (3%), Communications (3%), Clothing & Footwear (3%), and Education (1%).

CPI

104.4

In Switzerland, the most important categories in the consumer price index are: Housing and energy (27 percent of the total weight) and Healthcare (18 percent). Transport accounts for 10 percent; Food and non-alcoholic beverages for 12 percent; Restaurants and hotels for 7 percent; and Recreation and culture for 7 percent. The index also includes: Miscellaneous goods and services (6 percent); Household goods and services (4 percent); and Clothing and footwear (3 percent). Communication, Alcoholic Beverages and Tobacco and Education account for the remaining 6 percent of total weight.

Retail Sales YoY

12.1%

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

Current Account

-3666000000

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).

Construction PMI

43.2

The Ulster Bank Construction Purchasing Managers’ Index® is a seasonally adjusted index designed to track changes in total construction activity in Ireland. Data are collected at mid-month, asking respondents to compare a variety of business conditions with the situation one month ago. A reading of below 50.0 indicates that the economy is generally declining, above 50.0 that it is generally expanding and exactly 50.0 indicates no change on the level recorded the previous month.

Eurogroup Meeting