6-Month Bill Auction

3-Month Bill Auction

BoC Business Outlook Survey

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.

Balance of Trade

391400000

Foreign trade accounts for approximately 70 percent of the Belgium's economy. About 80% of Belgium's trade is with fellow EU member states. The major export commodity in Belgium is the automobile, medicament mixtures put in dosage, not mounted or set diamonds. Belgium imports mainly machinery and equipment, chemicals, diamonds, pharmaceuticals, foodstuffs, transportation equipment and oil products.

6-Month BTF Auction

3-Month BTF Auction

12-Month BTF Auction

Manufacturing Sales MoM Final

1.1%

In Canada, Manufacturing Sales provides a current 'snapshot' of sales of goods manufactured values by the Canadian manufacturing sector, enabling analysis of the state of the Canadian economy, as well as the health of specific industries in the short- to medium-term.

Wholesale Sales MoM Final

2.4%

The Monthly Wholesale Trade Survey presents estimates of monthly sales for wholesale merchants in Canada, providing information on the performance of the wholesale trade sector as an important indicator of the health of the Canadian economy. In addition, the business community uses the data to analyse market performance.

NY Empire State Manufacturing Index

-6

New York Empire State Manufacturing Index is based on data compiled from the survey of 200 executives from the companies in the manufacturing sector in the New York State. Participants report the change in 11 indicators including level of general business activity, new orders, shipments, inventories, number of employees, delivery time, capital expenditure from the previous month and the likely direction of these indicators in six months. A reading above 0 indicates manufacturing activity is expanding, below 0 is contracting.

Current Account

-241000000

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

202000000

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.

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.

Balance of Trade

-23800000000

India has been recording sustained trade deficits since 1980 mainly due to the strong imports growth, particularly of mineral fuels, oils and waxes and bituminous substances and pearls, precious and semi-precious stones and jewelry. In recent years, the biggest trade deficits were recorded with China, Switzerland, Saudi Arabia, Iraq and Indonesia. India records trade surpluses with the US, United Arab Emirates, Hong Kong, United Kingdom and Vietnam.

Exports

38130000000

In recent years, India exported mostly: pearls, precious and semi-precious stones and jewelry (16 percent of total shipments); mineral fuels, oils and waxes and bituminous substances (12 percent); vehicles, parts and accessories (5 percent); nuclear reactors, boilers, machinery and mechanical appliances (5 percent); pharmaceutical products (5 percent); and organic chemicals (4 percent). India’s main export partners are: United States (15 percent of the total exports), United Arab Emirates (11 percent), Hong Kong (5 percent), China (4 percent), Singapore (4 percent) and United Kingdom (3 percent).

Imports

61910000000

India main imports are: mineral fuels, oils and waxes and bituminous substances (27 percent of total imports); pearls, precious and semi-precious stones and jewelry (14 percent); electrical machinery and equipment (10 percent); nuclear reactors, boilers, machinery and mechanical appliances (8 percent); and organic chemicals (4 percent). India’s major import partners are: China (16 percent of total imports), the United States (6 percent), United Arab Emirates (6 percent), Saudi Arabia (5 percent) and Switzerland (5 percent).

Current Account

-2571000000

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 Output YoY

-9.3%

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

12-Month Bubill Auction

Industrial Production MoM

-0.1%

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

Industrial Production YoY

-3%

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

Current Account

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).

Inflation Rate MoM Final

0.1%

In Poland, the most important categories in the consumer price index are: Food and non-alcoholic beverages (25 percent of the total weight); Housing, water, electricity, gas and other fuels (19 percent); Transport (10 percent); Recreation and Culture (6 percent); Alcoholic beverages and tobacco (6 percent), Restaurants and hotels (6 percent); Furnishings, household equipment, routine household maintenance (6 percent); and Miscellaneous goods and services (6 percent). Health, Clothing and footwear, Communication and Education account for the remaining 15 percent of total weight.

Inflation Rate YoY Final

2.5%

In Poland, the most important categories in the consumer price index are: Food and non-alcoholic beverages (24 percent of the total weight); Housing energy/maintenance (21 percent); Transport (9 percent); Recreation and Culture (7 percent). Alcohol and tobacco, Health, Other goods and services, and Clothing account for 6 percent each. Communication, Restaurants and Hotels, Household Equipment and Education account for the remaining 17 percent of total weight.

Producer & Import Prices YoY

-1.8%

In Switzerland, the Producer Price Index (PPI) is officially named “Producer and Import Price Index”. Producer price index measures the price development of goods that are produced and sold by enterprises operating within the country and the import price index measures the price development of imported goods. Only domestic sales are considered for the producer price index when combining the indices.

Producer & Import Prices MoM

-0.3%

In Switzerland, the producer price index (which measures the price development of goods that are produced and sold by enterprises operating within the country) and the import price index (which measures the price development of imported goods) are combined into the price index for the whole range of goods. Only domestic sales are considered for the producer price index when combining the indices.

Construction Output YoY

15.6%

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

WPI Food Index YoY

7.4%

In India, the wholesale price index (WPI) is the main measure of inflation. The WPI measures the price of a representative basket of wholesale goods. In India, wholesale price index is divided into three groups: Primary Articles (22.6 percent of total weight); Fuel and Power (13.2 percent); and Manufactured Products (64.2 percent). The Food Index from the Primary Articles and Manufactured Products groups accounts for 24.4 percent of the total weight. The most important components of the Manufactured Products group are Basic Metals (9.7 percent of total weight); Food products (9.1 percent); Chemicals and Chemical products (6.5 percent) and Textiles (4.9 percent). Within the Primary Articles group, the most important component is Food Articles (15.3 percent), while within Fuel and Power, the most important category is HSD (3.1 percent).

WPI Manufacturing YoY

0.78%

In India, the wholesale price index (WPI) is the main measure of inflation. The WPI measures the price of a representative basket of wholesale goods. In India, wholesale price index is divided into three groups: Primary Articles (22.6 percent of total weight); Fuel and Power (13.2 percent); and Manufactured Products (64.2 percent). The Food Index from the Primary Articles and Manufactured Products groups accounts for 24.4 percent of the total weight. The most important components of the Manufactured Products group are Basic Metals (9.7 percent of total weight); Food products (9.1 percent); Chemicals and Chemical products (6.5 percent) and Textiles (4.9 percent). Within the Primary Articles group, the most important component is Food Articles (15.3 percent), while within Fuel and Power, the most important category is HSD (3.1 percent).

WPI Fuel YoY

1.35%

In India, the wholesale price index (WPI) is the main measure of inflation. The WPI measures the price of a representative basket of wholesale goods. In India, wholesale price index is divided into three groups: Primary Articles (22.6 percent of total weight); Fuel and Power (13.2 percent); and Manufactured Products (64.2 percent). The Food Index from the Primary Articles and Manufactured Products groups accounts for 24.4 percent of the total weight. The most important components of the Manufactured Products group are Basic Metals (9.7 percent of total weight); Food products (9.1 percent); Chemicals and Chemical products (6.5 percent) and Textiles (4.9 percent). Within the Primary Articles group, the most important component is Food Articles (15.3 percent), while within Fuel and Power, the most important category is HSD (3.1 percent).

WPI Inflation YoY

2.61%

In India, the wholesale price index (WPI) is the main measure of inflation. The WPI measures the price of a representative basket of wholesale goods. In India, wholesale price index is divided into three groups: Primary Articles (22.6 percent of total weight); Fuel and Power (13.2 percent); and Manufactured Products (64.2 percent). The Food Index from the Primary Articles and Manufactured Products groups accounts for 24.4 percent of the total weight. The most important components of the Manufactured Products group are Basic Metals (9.7 percent of total weight); Food products (9.1 percent); Chemicals and Chemical products (6.5 percent) and Textiles (4.9 percent). Within the Primary Articles group, the most important component is Food Articles (15.3 percent), while within Fuel and Power, the most important category is HSD (3.1 percent).

Passenger Vehicles Sales YoY

4.3%

Inflation Rate YoY

1.5%

In Finland, the most important category in the consumer price index is housing, water, electricity, gas and other fuels (25 percent of total weight). Food and non-alcoholic beverages accounts for 14 percent; transport for 13 percent and recreation and culture for 12 percent. Consumer price index in Finland also includes miscellaneous goods and services (7 percent); restaurants and hotels (7 percent) and furnishings, household equipment and routine household maintenance (5 percent). Health; alcoholic beverages and tobacco; clothing and footwear; communication and education account for remaining 17 percent of total weight.

Inflation Rate MoM

-0.1%

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

10-Year KTB Auction

Balance of Trade

12580000000

The Netherlands is an export-oriented economy and derives more than two-thirds of its GDP from the merchandise trade. Main exports are: machinery and transport equipment (28 percent of total exports), mineral fuels (23 percent), food (11 percent), clothing and footwear (10 percent) and pharmaceuticals (5 percent). Netherlands main imports are: fuel (29 percent of total imports), machinery (26 percent) and food and live animals (8.6 percent). Main trading partners are Germany (24 percent of total exports and 17 percent of imports) and Belgium (12 percent of exports and 10 percent imports). Others include: China, France, United Kingdom and United States.

Imports YoY

-8.83%

From 2004 to 2012, imports to Indonesia tripled, as large portion of the population entered middle-class and propelled higher purchases of oil and consumption goods. However, starting in mid-2013, imports have been declining due to low commodity prices and weak domestic consumption and investment. Main imports products are: oil and gas (around 17 percent of total imports), nuclear reactions, boilers, mechanical appliances (19 percent); iron and steel (5.4 percent), organic chemical materials (4.8 percent) and vehicles (4.5 percent). Main import partners are: China (25 percent of the total imports), Japan (11 percent), Singapore (7.6 percent), Thailand (6.8 percent) and the United States (6.4 percent).

Exports YoY

2.86%

Exports have been an engine of economic growth in Indonesia. However, after reaching a peak in 2012, it have been in a steady decline due to lower commodity prices and dwindling global demand. Major exports are: oil and gas (12.4 percent of the total exports, of those gas 6.9 percent, crude oil 4.3 percent and oil products 1.2 percent); animal and vegetable fats and oils (14 percent); and electrical equipment and machinery (10.45 percent). Other exports include: footwear, part of such articles (3.4 percent); garments not knitted (3 percent) and ores, slag and ash (2.5 percent). Major export partners are: the United States (11.6 percent), China (10 percent of the total exports), Japan (9.9 percent), India (8.8 percent) and Singapore (7 percent).

Balance of Trade

2930000000

Since the 1970’s Indonesia has been recording consistent trade surpluses due to robust exports growth. However, from 2012 to 2014 the country started recording trade deficits, as exports shrank due to slowdown in the global economy and fall in commodity prices. In 2015, trade balance swang again to surplus due to almost 20 percent fall in imports. In recent years, the biggest trade deficits were recorded with China, Thailand, Japan, Germany and South Korea. Indonesia records trade surpluses mainly with India, United States, and Malaysia. .

Retail Sales YoY

3.7%

In China, 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.

Industrial Production YoY

5.6%

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

GDP Growth Rate YoY

5.3%

In China, Gross Domestic Product is divided by three sectors: Primary, Secondary and Tertiary. The Primary Industry includes Farming, Forestry, Animal Husbandry, and Fishery and accounts for around 9 percent of GDP. The Secondary sector, which includes Industry (40 percent of GDP) and Construction (9 percent of GDP) is the most important. The Tertiary sector accounts for the remaining 44 percent of total output and consist of Wholesale and Retail Trades; Transport, Storage, and Post; Financial Intermediation; Real Estate; Hotel and Catering Services and Others.

GDP Growth Rate QoQ

1.6%

In China, the growth rate in GDP measures the change in the seasonally adjusted value of the goods and services produced by the Chinese economy during the quarter. As China’s traditional growth engines of manufacturing and construction are slowing down, services have emerged as the new driver. In the last few quarters strength in services and consumption helped to offset weaker manufacturing and exports. .

Unemployment Rate

5%

In China, Urban Surveyed Unemployment Rate is calculated by a sample survey, which refers to the ratio of urban unemployed population to the sum of the employed population and the unemployed population.

Fixed Asset Investment (YTD) YoY

4%

In China, urban investment in fixed assets is one of the main measures of capital spending. It refers to investment in construction projects with a total planned investment of 5 million yuan; machinery and equipment and real estate development in both urban and rural areas. It refers to investment made by state-owned enterprises and private businesses, institutions or individuals.

Industrial Capacity Utilization

73.6%

In China, Capacity Utilization is the difference between the potential and actual use of an input. Capacity utilization is high when actual output is close to potential output because the most use is being made of labor and capital. The survey includes about 90,000 industrial enterprises.

NBS Press Conference

House Price Index YoY

-3.9%

In China, Housing Index is measured by year-over-year change in the index of newly built residential buildings in 70 medium and large cities. The index is calculated in weighted average method and the weight of each city is based on the population.

PBoC 1-Year MLF Announcement

2.5%

In China, the One-Year Medium-Term Lending Facility Rate is the main rate at which the central bank lends to big commercial banks. The MLF rate acts as a guide for the PBOC’s new lending benchmark, the Loan Prime Rate (LPR).

Marine Day

Democracy and National Unity Day

Eurogroup Meeting

Communist Party of China Third Plenum

Services NZ PSI

43

The Business NZ Performance of Services Index (PSI) is a composite index based on the diffusion indexes for sales, new orders, delivered, inventories and employment. A reading above 50 indicates an expansion of the Services sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.

Composite NZ PCI

44.7