Judo Bank Services PMI Flash

The Judo Bank Australia Services PMI is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 service sector companies. The sectors covered include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services. The headline figure is the Services Business Activity Index. This is a diffusion index calculated from a question that asks for changes in the volume of business activity compared with one month previously. The Services Business Activity Index is comparable to the Manufacturing Output Index. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease.

Judo Bank Manufacturing PMI Flash

49.6

The Judo Bank Australia Manufacturing PMI is compiled by S&P Global from responses to monthly questionnaires sent to purchasing managers in a panel of around 400 manufacturers. The headline figure is the Purchasing Managers’ Index (PMI), which is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease.

Judo Bank Composite PMI Flash

The Judo Bank Australia Composite Output Index, which is a weighted average of the Manufacturing Output Index and the Services Business Activity Index, is compiled by S&P Global from responses to questionnaires sent to survey panels of manufacturers and service providers in Australia. The index tracks variables such as sales, new orders, employment, inventories and prices; and varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease.

Retail Sales YoY

-4.1%

In New Zealand, 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 QoQ

-1.4%

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

Business Confidence

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.

API Crude Oil Stock Change

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

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.

Fed Goolsbee 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.

NY Fed Treasury Purchases 2.25 to 4.5 yrs

Existing Home Sales MoM

-3.3%

In the United States, Existing Home Sales occur when the mortgages are closed. Mortgage closing usually takes place 30-60 days after the sales contract is closed.

Richmond Fed Manufacturing Index

-9

The Richmond Manufacturing Index measures the conditions of the manufacturing sector for the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia. The index is derived from a survey of 190 manufacturing plants and based on three individual index with the following weights: Shipments (33 percent), New Orders (40 percent) and Employment (27 percent). The index can range between +100 and -100; a reading above zero indicates expansion, while below zero suggests a contraction.

Existing Home Sales

4160000

In the United States, Existing Home Sales occur when the mortgages are closed. Mortgage closing usually takes place 30-60 days after the sales contract is closed.

Richmond Fed Manufacturing Shipments Index

-6

The Richmond Manufacturing Index measures the conditions of the manufacturing sector for the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia. The index is derived from a survey of 190 manufacturing plants and based on three individual index with the following weights: Shipments (33 percent), New Orders (40 percent) and Employment (27 percent). The index can range between +100 and -100; a reading above zero indicates expansion, while below zero suggests a contraction.

Richmond Fed Services Index

-2

The data come from the Fifth District Survey of Service Sector Activity. Respondents to the survey are firms located within the Fifth Federal Reserve District which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia. Respondents indicate whether measures of activity rose, were unchanged, or decreased since the last survey. The responses are converted into diffusion indexes by subtracting the percentage of reported decreases from the percentage of increases.

Federal Tax Revenues

180475000000

Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation.

Redbook YoY

The Johnson Redbook Index is a sales-weighted of year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9,000 stores. Same-store sales are sales in stores continuously open for 12 months or longer. By dollar value, the Index represents over 80% of the equivalent 'official' retail sales series collected and published by the US Department of Commerce. Redbook compiles the Index by collecting and interpreting performance estimates from retailers. The Index and its sub-groups are sales-weighted aggregates of these estimates. Weeks are retail weeks (Sunday to Saturday), and equally weighted within the month.

New Housing Price Index MoM

0.1%

In Canada, New Housing Price Index (NHPI) measures changes over time in the contractors' selling prices of new residential houses, where specifications of each house remain the same between two consecutive periods.

New Housing Price Index YoY

-0.7%

Fed Barkin 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.

Wholesale Prices MoM

0.5%

In Ireland, Wholesale 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.

Wholesale Prices YoY

-0.6%

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.

Consumer Confidence

-6

In Belgium, the consumer confidence indicator supplies concise information on consumers’ confidence regarding the progress of the economy. The index is based on a monthly telephone survey of more than 1,000 consumers on their outlook for the country's job and economic prospects as well as their own financial situation and ability to save money. The index is the balance of positive and negative replies, with a figure of zero meaning Belgians are evenly split on whether things will improve or worsen for consumers in the next year.

10-Year Index-Linked Treasury Gilt Auction

0.602%

Current Account

1403000000

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

-11300000000

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 s.a

9100000000

Retail Sales YoY

-4.7%

In Poland, 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.

Leading Business Cycle Indicator MoM

-1.7%

In South Africa, the Composite Leading Business Cycle Indicator examines the direction in which real economic activity is moving, in real time. It is calculated on the basis of the following components: building plans approved, new passenger vehicles sold, commodity price index for main export commodities, index of prices of all classes of shares traded on the JSE, job advertisements, volume of orders in manufacturing, real M1, average hours worked per factory worker in manufacturing, interest rate spread, composite leading business cycle indicator of the major trading-partner countries, business confidence index, gross operating surplus as a percentage of GDP. The index has a base value of 100 as of 2010.

Balance of Trade

3300000000

Switzerland has been running consistent trade surpluses. The biggest trade surpluses are recorded with the US, India, the UK, China, Hong Kong, Japan and Singapore; and the largest deficits were recorded with the UAE, Germany, Ireland, Italy and Thailand.

Public Sector Net Borrowing

-17670000000

In the UK, public sector net borrowing measures the change in the public sectors accruing net financial indebtedness. This represents the balance for the financial account: the difference between the net acquisition of financial assets and the net incurrence of liabilities. Public sector net borrowing (PSNB) is often referred to by commentators as “the deficit”.

Public Sector Net Borrowing Ex Banks

-18490000000

In the UK, public sector net borrowing excluding public sector banks (PSNB ex) measures the gap between revenue raised (current receipts) and total spending. Total spending refers to current expenditure plus net investment (capital spending less capital receipts). Public sector net borrowing (PSNB) is often referred to by commentators as “the deficit”.

MAS 12-Week Bill Auction

MAS 4-Week Bill Auction

Unemployment Rate

7.2%

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

BRICS Summit