52-Week Bill Auction

4.775%

42-Day Bill Auction

5.28%

Global Dairy Trade Price Index

0.4%

The Global Dairy Trade Price Index measures the weighted-average price of nine dairy products sold at auction every two weeks in New Zealand.

Total Household Debt

17700000000000

The Federal Reserve Bank of New York's Household Debt and Credit Report provides unique data and insight into the credit conditions and activity of U.S. consumers. Based on data from the New York Fed's Consumer Credit Panel, a nationally representative sample drawn from anonymized Equifax credit data, the report provides a quarterly snapshot of household trends in borrowing and indebtedness, including data about mortgages, student loans, credit cards, auto loans and delinquencies.

RCM/TIPP Economic Optimism Index

44.2

RealClearMarkets/TIPP Economic Optimism Index measures Americans' opinions and outlooks on the economy. The index is based on a nationwide survey of 1300 adults and evaluates six-month economic outlook, personal financial outlook, confidence in federal economic policies. Reading above 50 indicates optimism, and below 50 indicates pessimism.

S&P Global Services PMI

47.1

The S&P Global Canada 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 panel is stratified by detailed sector and company workforce size, based on contributions to GDP. Survey responses indicate the direction of change compared to the previous month. The indices vary between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. The headline figure is the Services Business Activity Index, which is a diffusion index calculated from a question that asks for changes in the volume of business activity compared with one month previously.

S&P Global Composite PMI

47.5

The Composite Output Index is a weighted average of the Manufacturing Output Index and the Services Business Activity Index. The weights reflect the relative size of the manufacturing and service sectors according to official GDP data. The Composite Output Index may be referred to as the ‘Composite PMI’ but is not comparable with the headline manufacturing PMI figure.

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.

Exports

62450000000

Exports account for more than 30 percent of the Canadian GDP. The biggest export products are energy (22%of total), crude oil and crude bitumen (14%), cars and parts (19%), and consumer goods (12%). The US is by far the largest destination for Canadian products (76 percent of total exports), followed by China (4.5 percent) and the United Kingdom (2.6 percent).

Imports

64370000000

Canada imports mainly consumer goods (19% of total), cars and parts (23%), and energy products (7%). Canada's major import partners are the US (49 percent of total imports), China (14 percent), Mexico (5.5 percent), and Germany (3.1 percent).

Exports

261700000000

The United States is the world's third biggest exporter, yet exports account only for 10 percent of GDP. In 2022, the main exports were industrial supplies (38 percent of the total), capital goods (29 percent), consumer goods (14 percent), automotive vehicles (8 percent), and food, feeds, and beverages (8 percent). Main export partners were Canada (18 percent of total exports), Mexico (16 percent), China (7 percent), Japan (4.5 percent), the United Kingdom (4 percent), and Germany (3.5 percent).

Imports

336700000000

The United States is the world's second-biggest importer. In 2022, the main imports were consumer goods (27 percent), capital goods (26 percent), and industrial supplies (25 percent) followed by automotive vehicles, parts and engines (12 percent), and foods, feeds and beverages (6 percent). Shipments from China represented 17 percent of the total imports followed by Mexico (14 percent), Canada (13 percent), Japan (4.5 percent), and Germany (4.5 percent).

Balance of Trade

-75100000000

The United States has been running consistent trade deficits since 1976 due to high imports of oil and consumer products. In 2022, the biggest trade deficits are recorded with China, Mexico, Vietnam, Canada, Germany, Japan, and Ireland, and the biggest trade surpluses with the Netherlands, Hong Kong, Brazil, Singapore, Australia, and United Kingdom. Canada is the top trading partner, accounting for 15 percent of total trade, followed by Mexico (14 percent) and China (13 percent).

Auto Exports YoY

3.3%

In Mexico, auto exports refers to total exports of vehicles.

Auto Production YoY

3.8%

In Mexico, Car Production refers to total production of vehicles.

BCB Copom Meeting Minutes

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.

6-Month Letras Auction

12-Month Letras Auction

5-Year Bobl Auction

LMI Logistics Managers Index

55.3

The Logistics Managers Survey is a monthly study aimed a revealing the status of US logistics activity. The LMI score is a combination of eight unique components that make up the logistics industry, including: inventory levels and costs, warehousing capacity, utilization, and prices, and transportation capacity, utilization, and prices. The LMI is calculated using a diffusion index, in which any reading above 50 percent indicates that logistics is expanding; a reading below 50 percent is indicative of a shrinking logistics industry.

Retail Sales YoY

In the Euro Area, retail sales show the evolution of the total amount of goods sold. Among them, food drinks and tobacco account for the highest share (39.3 percent); followed by electrical goods and furniture (12.0 percent share); computer equipment books and other (11.4 percent share); pharmaceutical and medical goods (9.9 percent share); textiles, clothing, footwear (9.2 percent share); auto fuel (9.1 percent share); other non-food products (6.0 percent share) and mail orders and internet (2.9 percent share). Among countries, Germany has the highest weight (25.9 percent), followed by France (21.7 percent), Italy (16.1 percent) and Spain (11.4 percent). Others are Netherlands (5.2 percent); Belgium (4.3 percent); Greece (3.0 percent); Austria (2.8 percent); Portugal (2.4 percent); Finland (1.8 percent); Ireland (1.7 percent); Luxembourg and Slovakia (0.8 percent each); Slovenia (0.6 percent); Lithuania (0.4 percent); Latvia and Cyprus (0.3 percent); Estonia (0.2 percent) and Malta (0.1 percent).

Retail Sales MoM

In the Euro Area, retail sales show the evolution of the total amount of goods sold. Among them, food drinks and tobacco account for the highest share (39.3 percent); followed by electrical goods and furniture (12.0 percent share); computer equipment books and other (11.4 percent share); pharmaceutical and medical goods (9.9 percent share); textiles, clothing, footwear (9.2 percent share); auto fuel (9.1 percent share); other non-food products (6.0 percent share) and mail orders and internet (2.9 percent share). Among countries, Germany has the highest weight (25.9 percent), followed by France (21.7 percent), Italy (16.1 percent) and Spain (11.4 percent). Others are Netherlands (5.2 percent); Belgium (4.3 percent); Greece (3.0 percent); Austria (2.8 percent); Portugal (2.4 percent); Finland (1.8 percent); Ireland (1.7 percent); Luxembourg and Slovakia (0.8 percent each); Slovenia (0.6 percent); Lithuania (0.4 percent); Latvia and Cyprus (0.3 percent); Estonia (0.2 percent) and Malta (0.1 percent).

20-Year Treasury Gilt Auction

S&P Global Construction PMI

52.2

In the United Kingdom, the Markit / Chartered Institute of Purchasing and Supply Purchasing Managers Index measures the performance of the construction sector and is derived from a survey of 170 construction companies.

HCOB Construction PMI

39.7

The Germany Construction Purchasing Managers’ Index® is based on original survey data collected from a representative panel of over 200 companies based in the German construction sector. Data are collected at mid-month, asking respondents to compare a variety of construction conditions with the situation one month ago. A reading of below 50.0 indicates that the construction activity 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.

HCOB Construction PMI

41.8

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.

HCOB Construction PMI

41

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.

HCOB Construction PMI

46

Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. For each of the indicators the ‘Report' shows the percentage reporting each response, the net difference between the number of higher/better responses and lower/worse responses, and the ‘diffusion' index. This index is the sum of the positive responses plus a half of those responding ‘the same'. Diffusion indexes have the properties of leading indicators and are convenient summary measures showing the prevailing direction of change. An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease.

Wholesale Prices MoM

-0.1%

The wholesale price index reflects the prices trends for goods that are sold by wholesale enterprises. The prices of the 387 items contained in the basket of goods are surveyed at around 200 wholesale enterprises, which voluntarily provide approximately 1400 wholesale selling prices (exclusive VAT) every month.

Wholesale Prices YoY

0.5%

The wholesale price index reflects the prices trends for goods that are sold by wholesale enterprises. The prices of the 387 items contained in the basket of goods are surveyed at around 200 wholesale enterprises, which voluntarily provide approximately 1400 wholesale selling prices (exclusive VAT) every month.

Industrial Production MoM

-2.2%

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

Industrial Production YoY

-3.2%

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

-6.8%

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

Balance of Trade

13600000000

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.

Retail Sales YoY

3.6%

In Hungary, 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.

Factory Orders MoM

-1.6%

Factory Orders in Germany are reported using monthly changes in the volume of new orders received by manufacturers. Factory Order figures in Germany can be very volatile and misleading because they are heavily affected by geopolitical events, temporary shocks in demand and business deals which may only happen once.

Retail Sales YoY

6.1%

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

Unemployment Rate

2.3%

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

RBA Press Conference

In Australia, interest rates decisions are taken by the Reserve Bank of Australia's Board. The official interest rate is the cash rate. The cash rate is the rate charged on overnight loans between financial intermediaries, is determined in the money market as a result of the interaction of demand for and supply of overnight funds.

MAS 12-Week Bill Auction

MAS 4-Week Bill Auction

RBA Interest Rate Decision

In Australia, interest rates decisions are taken by the Reserve Bank of Australia's Board. The official interest rate is the cash rate. The cash rate is the rate charged on overnight loans between financial intermediaries, is determined in the money market as a result of the interaction of demand for and supply of overnight funds.

Inflation Rate MoM

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

Inflation Rate YoY Final

In Netherlands, the most important categories in the consumer price index are: housing, water, electricity and gas (24.5 percent of the total weight); transport (11.6 percent) and food and non-alcoholic beverages (11.3 percent). The index also includes: recreation and culture (10.3 percent); furnishing and household equipment (6 percent); clothing and footwear (4.9 percent); hotels and restaurants (4.2 percent); communication (3.3 percent) and alcoholic beverages and tobacco (3.1 percent). Health, education and other goods and services account for the remaining 20.8 percent of total weight.

10-Year JGB Auction

1.091%

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.

ANZ-Indeed Job Ads MoM

-2.2%

In Australia, job advertisements measure the number of jobs advertised in the major daily newspapers and internet sites covering the capital cities.

Private House Approvals MoM Final

2.1%

Building Permits MoM Final

5.5%

In Australia, Dwelling Approvals MoM show the monthly change in the number of total dwelling units approved, including building activity carried out on existing buildings.

AIB Services PMI

54.2

The Investec Services PMI Ireland is based on data compiled from monthly replies to questionnaires sent to around 450 private companies in the Irish private service sector. An index situated above 50.0 indicates activity expansion of the corresponding variable (i.e. new orders, price, employment, etc.); An Index situated below 50.0 indicates a contraction of the activity, whilst an index at the same level as 50.0 indicates that the situation is stable compared with the previous month.

Household Spending YoY

-1.8%

In Japan, Household Spending YoY refers to the annual change of consumption expenditures (on food, housing, utilities, furniture, clothing, health, education, transport, communication, leisure activities, etc.) in real terms for two-or-more-person households including agricultural, forestry and fisheries households.

Household Spending MoM

-0.3%

In Japan, Household Spending MoM refers to the monthly change of consumption expenditures (on food, housing, utilities, furniture, clothing, health, education, transport, communication, leisure activities, etc.) in real terms for two-or-more-person households including agricultural, forestry and fisheries households.

Average Cash Earnings YoY

In Japan, wage growth refers to changes in average cash earnings, including contractual and special cash earnings, in companies with five or more employees.

Overtime Pay YoY

In Japan, non-scheduled cash earnings are the wages paid for work performed outside scheduled working hours, and on days off or night work, that is allowances for working outside work hours, night work, early morning work, and overnight duty.

BRC Retail Sales Monitor YoY

The BRC-KPMG Retail Sales Monitor measures changes in the actual value of retail sales from a sample of retailers. The Monitor measures the value of spending and hence does not adjust for price changes. If prices are rising, sales volumes will increase by less than sales values. In times of price deflation, sales volumes will increase by more than sales values. Retailers report the value of their sales and sales in the equivalent week a year ago. These figures are reported both in total and on a ‘like-for-like’ basis. The percentage increase in the value of sales on a ‘like-for-like’ basis removes the effect of the expansion of retail floor space by the retailers concerned on their sales total. Due to the sample being biased towards large retailers, the ‘like-for-like’ increase usually provides a more accurate guide to general spending patterns, though it will be biased downwards as an estimate of the growth rate for retail as a whole.

Fed Daly 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.

Loan Officer Survey

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.