8-Week Bill Auction

4-Week Bill Auction

EIA Natural Gas Stocks Change

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

CoreLogic Dwelling Prices MoM

0%

In Australia, the CoreLogic Home Value Index aims to measure month to month movements in the value of Australian housing markets. Rather than relying solely on transacted sale prices to provide a measure of housing market conditions, the CoreLogic Home Value Index is based on a ‘hedonic’ methodology which includes the attributes of properties that are transacting as part of the analysis. The Home Values Index provides monthly capital growth measurements across three broad housing types: detached houses, units and a combined dwellings index that includes both houses and units. The Index results are released on the last working day of each month and are available on a subscription basis.

Interest Rate Decision

In South Africa, the interest rates decisions are taken by the South African Reserve Bank’s Monetary Policy Committee (MPC). The official interest rate is the repo rate. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis.

Prime Overdraft Rate

In South Africa, the bank lending rate refers to commercial banks prime overdraft rate. It is a benchmark rate priced at 3.5 basis points above the repurchase rate and it is used by banks to price the lending rates offered to clients at either above or below the benchmark rate.

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.

Corporate Profits QoQ

Corporate profits represents the portion of the total income earned from current production that is accounted for by U.S. corporations. It is one of the most closely watched U.S. economic indicators, as it provides a summary measure of corporate financial health and thus serves as an essential indicator of economic performance.

GDP Price Index QoQ Final

4.4%

The GDP Deflator measures the change in prices of final goods and services and it is considered as a key indicator for inflationary pressures, that provides insight into the future direction of monetary policy.

GDP Growth Rate QoQ Final

3.2%

On the expenditure side, personal consumption expenditures accounts for 68 percent of total GDP out of which purchases of goods constitute 23 percent and services 45 percent. Private investment accounts for 16 percent of GDP and government consumption and investment for 18 percent. As the value of goods exported (13.5 percent) is lower than the value of goods imported (16.5 percent), net exports subtracts 3 percent from the total GDP value.

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.

GDP Sales QoQ Final

4.5%

In the United States, final sales of domestic product equals GDP less change in private inventories. It is also equal to the sum of personal consumption expenditures, gross private fixed investment, government consumption expenditures and gross investment, and net exports of goods and services.

PCE Prices QoQ Final

4.3%

The Personal Consumption Expenditure (PCE) Prices measure the changes in the price of goods and services purchased by consumers for the purpose of consumption. Prices are weighted according to total expenditure per item.

Real Consumer Spending QoQ Final

2.3%

In the United States, personal consumption expenditure (PCE) is the primary measure of consumer spending in the U.S. economy. It is the National Income and Product Account (NIPA) final-demand component that measures the value of the goods and services purchased by, or on the behalf of, persons who reside in the United States.

Core PCE Prices QoQ Final

4.7%

PPI YoY

2.24%

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.

PPI MoM

0.29%

Industrial Production MoM

0%

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

Industrial Production YoY

-1.3%

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

IGP-M Inflation MoM

-0.06%

The IGP-M Inflation Index in Brazil is an index that measures and tracks the changes in price of goods in the stages before the retail level. Wholesale price indexes (WPIs) report monthly to show the average price changes of goods sold in bulk, and they are a group of the indicators that follow growth in the economy.

Inflation Rate YoY Prel

8.7%

In Germany, the most important categories in the consumer price index are Housing, water, electricity, gas & other fuels (32 percent of the total weight), Transport (13 percent), Recreation, entertainment & culture (11 percent) and Food & non-alcoholic beverages (10 percent). The index also includes Miscellaneous goods & services (7 percent), Furniture, lighting equipment, appliances & other household equipment (5 percent), Restaurant & accommodation services (5 percent), Health (5 percent) and Clothing & footwear (5 percent). The remaining 7 percent of the index is composed of Alcoholic beverages & tobacco, Communication and Education.

Inflation Rate MoM Prel

0.8%

In Germany, the most important categories in the consumer price index are Housing, water, electricity, gas & other fuels (32 percent of the total weight), Transport (13 percent), Recreation, entertainment & culture (11 percent) and Food & non-alcoholic beverages (10 percent). The index also includes Miscellaneous goods & services (7 percent), Furniture, lighting equipment, appliances & other household equipment (5 percent), Restaurant & accommodation services (5 percent), Health (5 percent) and Clothing & footwear (5 percent). The remaining 7 percent of the index is composed by Alcoholic beverages & tobacco, Communication and Education.

Harmonised Inflation Rate YoY Prel

9.3%

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 Prel

1%

Unemployment Rate

3%

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

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.

CFIB Business Barometer

51.7

CFIB’s Business Barometer tracks small business confidence, expectations and operating conditions in Canada. It was revised as of the May 2009 issue. It is based on the same survey question on 12-month future business performance expectations collected annually 1987-2000, quarterly 2001-2008 and monthly since late 2008. The index is a weighted average of response scores: 100 for stronger performance, 50 for same performance, and 0 for weaker performance. The data are not seasonally adjusted.

Business Confidence

-6

In Spain, the Industrial Confidence Indicator (ICI) measures the level of optimism of entrepreneurs for the future development of industrial activity. The ICI is conducted based on the sample of 2500 enterprises representing different sizes, regions and sectors of Spanish economy. The response rate is around 60 percent. ICI is measured on a scale of -100 (extreme lack of confidence) to +100 (extreme confidence).

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.

Industrial Production YoY

-1.7%

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.

Retail Sales YoY

3.4%

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

Inflation Rate YoY

6.62%

In Belgium, the most important category in the consumer price index is Housing and Utilities (18 percent of total weight). Food and Non-Alcoholic Beverages account for 17 percent; Transport for 16 percent; Recreation and Culture for 9 percent; Miscellaneous Goods and Services for 9 percent and Restaurants and Hotels for 8 percent. Furniture, Household Goods and Maintenance; Clothing and Footwear; Communication; Health; Alcoholic Beverages and Tobacco and Education account for the remaining 23 percent of total weight.

Inflation Rate MoM

-0.7%

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

PPI YoY

12.7%

In South Africa, Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.

PPI MoM

-0.6%

In South Africa, the Producer Price Inflation MoM measures a month-over-month change in the price of goods and services sold by manufacturers and producers in the wholesale market.

10-Year BTP Auction

4.34%

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.

5-Year BTP Auction

3.84%

Saxony CPI YoY

9.2%

In Germany, Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

Saxony CPI MoM

0.8%

In Germany, Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

Economic Sentiment

99.7

In the Euro Area, the Economic sentiment indicator is a composite measure (average=100) that calculates the confidence level among: manufacturers (40 percent of the index); service providers (30 percent); consumers (20 percent); retailers (5 percent) and constructors (5 percent).

Consumer Confidence Final

In Euro Area, the Consumer Economic Sentiment Indicator measures the level of optimism that consumers have about the economy. The survey is made by phone and covers 23 000 households in the Euro Area. The number of households sample varies across the zone. The questions focus on current economic and financial situation, savings intention as well as on expected developments regarding: consumer price indexes, general economic situation and major purchases of durable goods. The Consumer ESI measures consumer confidence on a scale of -100 to 100, where -100 indicate extreme lack of confidence, 0 neutrality and 100 extreme confidence.

Industrial Sentiment

0.5

In the Euro Area, Industrial Sentiment measures the confidence level among manufacturers and accounts for 40 percent of the Economic Sentiment Indicator.

Services Sentiment

9.5

In the Euro Area, Services Sentiment measures the confidence level among service providers and accounts for 30 percent of the Economic Sentiment Indicator.

Selling Price Expectations

23.8

PPI YoY

13.5%

In Greece, the Producer Price Index in Industry measures the monthly rates of change in the prices of goods that are produced in the domestic market and are sold in this market or are exported to the non domestic market. It is composed by the sub-indices of the domestic and non-domestic market. The index of the non domestic market is also sub-divided into the two market zone indices: the euro-zone and the non-euro zone index. .

PPI MoM

-7.5%

In Italy, the Producer Price Inflation MoM measures a month-over-month change in the price of goods and services sold by manufacturers and producers in the wholesale market.

PPI YoY

11.1%

In Italy, the industrial producer price index measures the evolution of output prices for goods manufactured in Italy and sold on the domestic and non-domestic markets.

Consumer Confidence

-35

In Portugal, the consumer confidence index on three terms moving averages is based on interviews with consumers about their perceptions of the country's current and future economic situation and their tendencies to purchase. It is estimated using the difference between the share of positive evaluation responses and negative evaluation responses, but do not include the share of neutral responses. The use of moving averages smooths out the series by removing the irregular movements, allowing the detection of the short-term trends.

Business confidence

1.7

In Portugal, the National Statistics Institute (INE) economic climate indicator on three terms moving averages is calculated in order to receive a timely composite indicator for the several sectors of economic activity. It is estimated using balances of questions from the Manufacturing Industry (1179 companies), Trade (1102 companies), Construction and Public Works (822 companies) and Services (1427 companies) surveys. The calculation is based on the factor analysis and the estimated series (the common component) is calibrated using the GDP change rates. The use of moving averages smooths out the series by removing the irregular movements, allowing the detection of the short-term trends.

Baden Wuerttemberg CPI MoM

0.8%

In Germany, Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

Baden Wuerttemberg CPI YoY

8.7%

In Germany, Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

Bavaria CPI YoY

8.8%

In Germany, Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

Bavaria CPI MoM

0.8%

In Germany, Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

Brandenburg CPI YoY

8.7%

In Germany, Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

Brandenburg CPI MoM

0.8%

In Germany, Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

Hesse CPI YoY

8.3%

In Germany, Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

Hesse CPI MoM

0.6%

In Germany, Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

Unemployment Rate

7.9%

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

ECB Economic Bulletin

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.

Harmonised Inflation Rate MoM Prel

0.9%

Core Inflation Rate YoY Prel

7.6%

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

Economic Confidence Index

99.1

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.

PPI YoY

14.2%

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.

PPI MoM

3.3%

In Austria, the Producer Price Inflation MoM measures a month-over-month change in the price of goods and services sold by manufacturers and producers in the wholesale market.

KOF Leading Indicators

100

In Switzerland, the KOF Swiss Economic Institute economic barometer measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. The KOF economic barometer is based on a multi-sectoral design with three modules. The 2014 version comprises 219 indicator variables, which are combined based on statistically determined weights. The most important module is GDP, which excludes construction and banking sectors and accounts for more than 90% of Swiss GDP.

ECB General Council Meeting

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.

Inflation Rate MoM Prel

0.9%

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

Inflation Rate YoY Prel

6%

In Spain, the most important categories in the Consumer Price Index are: Foods & Non-alcoholic Beverages (23% of the total weight), Housing, Water, Electricity, Gas & Other Fuels (14%), Restaurants & Hotels (13%) and Transport (13%). The index also includes: Recreation & Culture (6%), Miscellaneous Goods & Services (6%), Clothing & Footwear (6%), Furnishings, Household Equipment & Routine Maintenance (6%), Health (4%), Communications (4%), Alcoholic Beverages & Tobacco (3%), and Education (2%).

Retail Sales YoY

5.5%

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.

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.

Harmonised Inflation Rate YoY Prel

6%

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.

Unemployment Rate

2.3%

In Denmark, unemployment rates in per cent are calculated for the group of persons who are members of an unemployment insurance fund and for the total group of registered unemployed persons, i.e. unemployed insured persons plus unemployed uninsured persons. Both calculations are carried out for the 16-66 age bracket and do not include persons receiving early-retirement benefits or transitional benefits. The unemployment rate in per cent for registered unemployed persons is calculated by comparing the average number of unemployed persons to the workforce (RAS).

Private Sector Credit YoY

8.42%

Private sector credit measures year over year change in the bank lending to domestic private sector.

M3 Money Supply YoY

9.57%

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

North Rhine Westphalia CPI MoM

1%

In Germany, Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

North Rhine Westphalia CPI YoY

8.5%

In Germany, Consumer Price index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

6-Month T-Bill Auction

Business Confidence

3.7

In Netherlands, the producer confidence survey covers 1,700 manufacturing companies and gathers up-to-date information on economic developments for all activities of the manufacturing industry. The survey covers three components: how companies evaluate their order positions, their stocks of finished products in the month under review and the anticipated economic activity for the next three months. The index is calculated as the percentage of positive answers minus the percentage of negative answers. Therefore, the indicator varies from -100 (all participants evaluate their situation as poor and expect it to become worse) to 100 (all companies are happy with current situation and expect it to improve); 0 indicates neutrality.

2-Year JGB Auction

-0.027%

Car Production YoY

-0.3%

Ram Navami

ANZ Business Confidence

-43.3

In New Zealand, the business confidence index is designed to provide a snapshot of business opinions regarding the expected future state of their business and economy overall. The survey covers around 700 respondents. The Net index is calculated by subtracting the percentage number of businesses that expect that the economic situation improves from the number that expect decline.

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.

Building Permits MoM

In New Zealand, the Building Consents Issued release summarizes information on all building consents issued, for more than $4,999, within New Zealand during the reference month. A dwelling is a construction that is built for habitation. Within an apartment building, each separate apartment is considered a dwelling. Number of new dwelling units authorized includes government dwellings.

Business Confidence

63

In South Korea, the Business Survey Index (BSI) in the manufacturing sector measures the level of optimism that business leaders have about the performance of the economy in the current month and their outlook for the following month. The Index is based on the survey of around 2800 companies in fifteen areas including sales, inventories, production facilities, prices, labor force and profitability. For each of the indicators measured, the net difference between the number of positive responses and the number of negative responses is computed. The BSI above 100 indicates an improving outlook and below 100 a deteriorating outlook.

ECB Schnabel 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.

BoE L Mann Speech

In the United Kingdom, benchmark interest rate is set by the Monetary Policy Committee (MPC). The Bank of England official interest rate is the repo rate. This repo rate applies to open market operations of the Bank of England with a group of counterparties (banks, building societies, securities firms).

GDP YoY

-3.2%

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.

7-Year Note Auction

BoC Gravelle Speech

In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate. Since 1996 the Bank Rate is set at the upper limit of an operating band for the money market overnight rate. Previously, from March 1980 until February 1996 the Bank Rate was set at 25 basis points above the weekly average tender rate for 3-month Treasury bills.

Bundesbank Mauderer Speech

Germany is a member of the European Union which has adopted the euro. Germany's benchmark interest rate is set by the European Central Bank. The official designation for the rate is main refinancing operation.

Unemployment Rate

3.6%

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

Industrial Production YoY

-2.4%

In Russia, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 55 percent of total production. The biggest segments within manufacturing are: metallurgy (9.6 percent); coke and refined petroleum products (9.5 percent); food beverages and tobacco (8.4 percent); chemicals (4 percent); machinery and equipment (3.8 percent); transport (3.7 percent) and electrical equipment (3.4 percent). Mining and quarrying accounts for 35 percent, and natural gas and crude oil exploration represents 29 percent of total output. Also, electricity, gas and water supply accounts for 11 percent.

Retail Sales YoY

-6.6%

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.

Real Wage Growth YoY

0.6%

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

Business Confidence

-3.3

In Russia, the business confidence index measures morale among manufacturers. The index is calculated as the arithmetic average balances of assessments of actually existing levels of demand, stocks of finished products (with opposite sign) as well as change in output expected in the next 3 months. The index shows the difference between the percentage share of executives that are optimistic and the percentage of that is pessimistic. The index takes a value between -100 (all responding entities asses their situation as poor and expect it to become worse) up to 100 (all participants are satisfied with the current situation and expect it to improve); 0 indicates neutrality.

Corporate Profits

25900000000000

Corporate Profits in Russia is balanced financial result (profit minus loss) of organizations, excluding small businesses, banks, insurance companies and budgetary institutions. Corporate Profits is cumulative value.