Fed Barr 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.

3-Month BTF Auction

6-Month BTF Auction

12-Month BTF Auction

Fed Logan 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.

Inflation Rate YoY

In Mexico, the most important categories in the CPI basket are Nonfood Goods (19.7 percent of the total weight); Housing (18.7 percent) and Other Services (18.4 percent). Food, Beverages and Tobacco account for 14.8 percent and Energy for 9.5 percent. Others include: Products subsidized by the government (5.3 percent); Education (5.1 percent); Meat and Eggs (4.8 percent) and Fruits and Vegetables (3.7 percent). The CPI index has a base of 100 as of December of 2010. The national index tracks 46 large, medium and small cities.

Core Inflation Rate YoY

6.08%

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

Inflation Rate MoM

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

Core Inflation Rate MoM

0.27%

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.

Industrial Production YoY

-4%

In Ireland, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and its biggest segments are: Basic pharmaceutical products and preparations (37 percent of total production); food products (18 percent); chemicals and chemical products (15 percent); computer,electronic,optical and electrical equipment (11 percent); other manufacturing, repair and installation of machinery and equipment (7 percent); and basic metals and fabricated metal products,machinery and equipment (5 percent).

ECB Enria 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.

Budget Balance

-359000000000

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.

Foreign Exchange Reserves

141780000000

In Czech Republic, 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.

ECB Guindos 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.

Balance of Trade

-5900000000

Czech Republic is intensively involved in international trade. It engages in the export of numerous manufactured goods that are used in the production of automobiles, furniture, and electrical appliances. Czech Republic imports mainly machinery and transportation equipment, raw materials, fuels and chemicals. European Union is by far its largest trading partner, accounting for about 83% of exports and 65% of imports.

Industrial Production MoM

-2.6%

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

Construction Output YoY

-2.1%

In Czech Republic, construction output refers to year over year change in construction work performed by enterprises whose principal activity is classified as construction.

Industrial Production YoY

-2.8%

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

Balance of Trade Prel

Hungary's main exports are machinery and transport equipment, consumer goods, agricultural products, chemicals, apparel, textiles, iron and steel, and wine. Hungary's major imports are machinery and equipment, other manufactures and fuels and electricity. European Union is by far its largest trading partner, accounting for about 79% of exports and 76% of imports.

GDP MoM

0.3%

Norway is one of the wealthiest countries in the world. Its wealth was build on the back of natural resources including oil and gas, hydropower and fish and supported by developed shipping industry. Components of the GDP on the expenditure side: household consumption (41 percent), gross fixed capital formation (24 percent) and government expenditure (22 percent). Exports of goods and services account for 38 percent of GDP while imports account for 30 percent, adding 8 percent of total GDP.

GDP Mainland MoM

0.2%

Industrial Production MoM

-0.8%

In Germany, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 79 percent of total production. The biggest segments within Manufacturing are: machinery and equipment (12 percent of total production); motor vehicles, trailers and semi-trailers (12 percent); basic metals and fabricated metal products (10 percent); and computers, electronic and optical products and electrical equipment (10 percent). Construction accounts for 11 percent of total output; and energy production accounts for 10 percent.

Balance of Trade

19100000000

Denmark has been reporting consistent trade surpluses since 1988. Denmark is self-sufficient in energy producing oil, natural gas, wind and bio energy. Its principal exports are machinery, chemicals and food products. Denmark imports mainly machinery and equipment, raw materials and semi manufactures for industry, foodstuffs and chemicals. In 2017, the largest trade surpluses were recorded with the US, the UK, Norway, France and Russia, while the biggest trade deficits were recorded with Germany, the Netherlands, China and Sweden.

Current Account

22400000000

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).

Consumer Confidence

125.2

In Indonesia, the Consumer Confidence Index (CCI) measures consumer’s expectations about current income and job availability against those 6 months ago, appropriate time to buy durable goods, and general economic conditions and job availability expectations in the next 6 months. The index is based on a survey of around 4600 middle up class households in major cities (those cities cover about 78 percent of GDP). Data is collected through phone interviews and direct visits. The two main components of the Index are the current economic condition index and the consumer expectation index. The CCI is computed as a net balance obtained from the difference between percentage on ’increase’ answer and percentage on ’decrease’ answer. An index above 100 indicates an improving outlook and below 100 a deteriorating outlook.

Construction PMI

44.9

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.

Thanksgiving Day

Health and Sports Day

Hangeul Proclamation Day