EIA Natural Gas Stocks Change

Natural Gas Stocks Change refers to the weekly change of the natural gas supply situation.

Initial Jobless Claims

Initial jobless claims have a big impact in financial markets because unlike continued claims data which measures the number of persons claiming unemployment benefits, Initial jobless claims measures new and emerging unemployment.

Jobless Claims 4-week Average

Continuing Jobless Claims

Continuing Jobless Claims refer to actual number of unemployed and currently receiving unemployment benefits who filed for unemployment benefits at least two weeks ago.

Foreign Exchange Reserves

In Turkey, Foreign Exchange Reserves refer to gross foreign exchange reserves held or controlled by the country's central bank, excluding gold.

M3 Money Supply YoY

9.1%

India Money Supply M3 includes M2 plus long-term time deposits in banks.

Total Credit YoY

6.2%

Total credit expansion to domestic non-monetary financial institutions by domestic monetary financial institutions.

MPC Meeting Summary

In Turkey, benchmark interest rates are set by the Central Bank of the Republic of Turkey Monetary Policy Committee (Türkiye Cumhuriyet Merkez Bankasi - TCMB). From June 1st 2018, the main interest rate is the one-week repo rate and the overnight borrowing and lending rates will be determined at 150 bps below/above the one-week repo rate. The central bank simplified its monetary policy framework on May 28th 2018 from a different system with four main key rates, with the late liquidity window lending rate being one of the most followed.

5-Year BTP Auction

3.48%

10-Year BTP Auction

3.96%

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.

Wage Growth YoY

5%

In Cyprus, Wage Growth measures the year-on-year change in average monthly earnings of employees.

Industrial Production YoY

1.1%

In Cyprus, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 72 percent of total production. The biggest segments within Manufacturing are: food products (32 percent of total production); other non-metallic mineral products (7 percent); basic pharmaceutical products and pharmaceutical preparations (6 percent); and fabricated metal products, except machinery and equipment (5 percent). Mining and quarrying, and electricity, gas, steam and air conditioning supply account for 20 percent of total output; and water supply, sewerage, waste management and remediation activities account for the remaining 8 percent.

BoE Consumer Credit

769000000

Consumer credit (excluding student loans) is defined as borrowing by UK individuals to finance current expenditure on goods and/or services excluding loans issued by the Student Loans Company. Consumer credit (excluding student loans) is split into two components; credit card lending and ‘other’ lending (mainly overdrafts and other loans/advances).

Mortgage Approvals

58977

Mortgage approvals for house purchase refers to the firm offers of lenders to advance credit secured on specific dwellings to their customers. It covers approvals that are fully secured on residential property by a first mortgage. It includes existing borrowers transferring their existing mortgage to another property, lending to first-time purchasers and lending for buy-to-let purposes.

Net Lending to Individuals MoM

4700000000

In the United Kingdom, Net Lending to Individuals MoM refers to monthly changes of total sterling net lending to individuals and housing associations, excluding the Student Loans Company.

Economic Sentiment Index

-57.5

In Switzerland, the CS-CFA Society Economic Sentiment Index measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The survey covers up to 350 financial and economic analysts. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. Therefore, the ZEW indicator measures the confidence on a scale of -100 (all analysts expect the economy to deteriorate) up to 100 (all analysts expect it to improve). A 0 value indicates neutrality.

Loans to Companies YoY

8.9%

In the Euro Area, Loans to Private Sector refers to adjusted loans to Euro Area non-financial corporations.

M3 Money Supply YoY

5.1%

Euro Area Money Supply M3 is the sum of M2, repurchase agreements, money market fund shares/units and debt securities with a maturity of up to two years.

Loans to Households YoY

4.2%

In the Euro Area, loan growth refers to year over year change in loans to households adjusted for sales and securitisation.

Balance of Trade

-20900000000

Since the late 1990’s Hong Kong has been recording trade deficits, as imports grew at a faster pace than exports. Hong Kong major exports are electrical machinery, apparatus and appliances; telecommunications and sound equipment and automatic data processing machines. The country imports mainly machinery and transport equipment; miscellaneous manufactured articles; manufactured goods and food and live animals. Main trading partner is China (40 percent of total exports and 47 percent of total imports). Others include: Japan, Singapore, Taiwan and the United States.

Exports YoY

-10.4%

Hong Kong has an export oriented economy with 99 percent of shipments coming from re-exports. Major exports are electrical machinery, apparatus and appliances which accounts for 36 percent of total shipments. Other exports include: telecommunications and sound equipment (20 percent); office and automatic data processing machines (10 percent); miscellaneous manufactured articles (5 percent) and non-metallic mineral manufactures (5 percent). Main export partners are China (40 percent), the United States (8 percent), Vietnam (6 percent), Singapore (5 percent), Taiwan and Macau.

Imports YoY

-11.9%

Hong Kong imports mainly machinery and transport equipment (66 percent of total imports); miscellaneous manufactured articles (14 percent); manufactured goods (9 percent) and food and live animals (4 percent). Main import partners are: China (47 percent), Taiwan (8 percent) and Singapore (7 percent). Others include: Japan, South Korea and the United States.

Retail Sales MoM

0.4%

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

Retail Sales YoY

1%

In Spain, 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.

Economic Confidence Index

96.9

In Turkey, economic confidence index is a composite index that encapsulates consumers’ and producers’ evaluations, expectations and tendencies about general economic situation. The index is combined by means of a weighted aggregation of normalized sub-indices of consumer confidence, seasonally adjusted real sector (manufacturing industry), services, retail trade and construction confidence indices. The economic confidence index indicates an optimistic outlook about the general economic situation when the index is above 100, on contrary it indicates a pessimistic outlook when it is below 100.

S&P Global Manufacturing PMI

53.2

The S&P Global Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 300 manufacturing companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.

PPI YoY

8.5%

In Singapore, Domestic Supply Price Index measures the change in prices of imported and locally manufactured product retained for use in the economy.

Export Prices YoY

6.5%

In Singapore, 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

5.2%

In Singapore, 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.

Foreign Bond Investment

The net data shows the difference between acquisition and disposition of long-term debt securities: a plus sign indicates net purchases of foreign securities by Japanese investors; a minus sign indicates net selling and inflows of funds into Japan. It excludes Bank of Japan.

Stock Investment by Foreigners

Foreign Investments in Japanese Stocks refers to the net difference between inflow and outflow of investments in Japanese stock market by foreigners.

API Crude Oil Stock Change

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

Net Payrolls

159454

In Brazil, net payrolls refer to the change in total formal employment, that is, the difference between admitted and dismissed.

GDP YoY

-4.4%

In Russia, Monthly GDP YoY measures the change in the value of the goods and services produced by the country's economy compared to the corresponding month in the previous year.

5-Year Note Auction

3.974%

2-Year FRN Auction

0.22%

17-Week Bill Auction

4.425%

Unemployment Rate

3.9%

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

Real Wage Growth YoY

-1.4%

In Russia, Real Wage Growth measures the year-on-year change in average monthly wages adjusted for inflation.

Retail Sales YoY

-9.7%

In Russia, 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.