Stock Investment by Foreigners

622400000000

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

Foreign Bond Investment

1137300000000

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.

Car Production YoY

-1.2%

5-Year Note Auction

4.408%

SNB Martin Speech

In Switzerland, interest rate decisions are taken by the Swiss National Bank. The official interest rate is the SNB policy rate. The SNB seeks to keep the secured short-term Swiss franc money market rates close to the SNB policy rate. SARON is the most representative of these rates today. As of 13 June 2019, the SNB policy rate replaced the target range for the three-month Swiss franc Libor (London Interbank Offered Rate) previously used in the SNB's monetary policy strategy. The reason for this adjustment was that the Libor was becoming less relevant as the most important reference rate owing to the absence of the underlying money market transactions. From 6 September 2011 to 15 January 2015, the main focus of implementation was on the minimum exchange rate of CHF 1.20 per euro, which the SNB enforced during this period. On 18 December 2014, the SNB decided to impose an interest rate of -0.25% on sight deposit account balances. With the announcement of a negative interest rate, the Libor target range used then was taken into negative territory for the first time, and extended to its usual width of 1 percentage point. On 15 January 2015, the SNB lowered the interest rate on sight deposits to -0.75% and moved the target range downwards to between -1.25% and -0.25%. Negative interest has applied since 22 January 2015 and currently corresponds to the SNB policy rate.

Industrial Production YoY

0.7%

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.

10-Year Bond Auction

3.653%

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.

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.

2-Year FRN Auction

0.05%

17-Week Bill Auction

3.75%

EIA Gasoline Stocks Change

688000

Stocks of gasoline refers to the weekly change of the gasoline supply situation.

EIA Crude Oil Stocks Change

4405000

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

EIA Crude Oil Imports Change

-1754000

EIA Heating Oil Stocks Change

-537000

EIA Distillate Stocks Change

-1530000

EIA Cushing Crude Oil Stocks Change

-1314000

Change in the number of barrels of crude oil held in storage at the Cushing, Oklahoma storage hub excluding the Strategic Petroleum Reserve during the past week.

EIA Refinery Crude Runs Change

216000

Crude Runs refer to the volume of crude oil consumed by refineries.

EIA Distillate Fuel Production Change

-54000

EIA Gasoline Production Change

143000

PCE Price Index MoM

-0.1%

In the United States, the Personal Consumption Expenditure Price Index provides a measure of the prices paid for domestic purchases of goods and services. While the Consumer Price Index assumes a fixed basket of goods and uses expenditure weights that do not change over time for several years, the Personal Consumption Expenditure Price Index uses a chain index and resorts on expenditure data from the current period and the preceding period (known as Fisher Price Index).

Personal Spending MoM

0.3%

Personal consumption expenditures (PCE) is the primary measure of consumer spending on goods and services in the U.S. economy. 1 It accounts for about two-thirds of domestic final spending, and thus it is the primary engine that drives future economic growth. PCE shows how much of the income earned by households is being spent on current consumption as opposed to how much is being saved for future consumption. PCE also provides a comprehensive measure of types of goods and services that are purchased by households. Thus, for example, it shows the portion of spending that is accounted for by discretionary items, such as motor vehicles, or the adjustments that consumers make to changes in prices, such as a sharp run-up in gasoline prices.

Personal Income MoM

0.2%

Personal Income refers to the income that persons receive in return for their provision of labor, land, and capital used in current production, plus current transfer receipts less contributions for government social insurance.

Durable Goods Orders MoM

0.5%

Durable Goods Orders refer to new orders placed with manufacturers for delivery of hard goods which meant to last at least three years.

Core PCE Price Index YoY

3.3%

In the United States, the Core Personal Consumption Expenditure Price Index provides a measure of the prices paid by people for domestic purchases of goods and services, excluding the prices of food and energy. The core PCE is the Fed's preferred inflation measure. The central bank has a 2 percent target.

PCE Price Index YoY

3.7%

In the United States, the Personal Consumption Expenditure Price Index provides a measure of the prices paid for domestic purchases of goods and services. While the Consumer Price Index assumes a fixed basket of goods and uses expenditure weights that do not change over time for several years, the Personal Consumption Expenditure Price Index uses a chain index and resorts on expenditure data from the current period and the preceding period (known as Fisher Price Index).

Core PCE Price Index MoM

0.1%

GDP Growth Rate QoQ 2nd Est

2.1%

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.

Corporate Profits QoQ Prel

0.5%

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.

Durable Goods Orders Ex Transp MoM

1.1%

Durable Goods Orders Excluding Transportation refer to new orders placed with manufacturers for delivery of hard goods in the future excluding transportation orders.

GDP Price Index QoQ 2nd Est

3.6%

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.

Durable Goods Orders ex Defense MoM

0.3%

Durable Goods Orders Excluding Defense refer to new orders placed with manufacturers for delivery of hard goods in the future excluding defense orders.

PCE Prices QoQ 2nd Est

4.6%

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 2nd Est

0.5%

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.

GDP Sales QoQ 2nd Est

1.9%

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.

Core PCE Prices QoQ 2nd Est

4.4%

Non Defense Goods Orders Ex Air

1.7%

Real Personal Spending MoM

0.4%

IPCA mid-month CPI MoM

0.06%

IPCA mid-month CPI YoY

4.52%

MBA Mortgage Refinance Index

755.9

The MBA Weekly Mortgage Application Survey is a comprehensive overview of the nationwide mortgage market and covers all types of mortgage originators, including commercial banks, thrift institutions and mortgage banking companies. The entire market is represented by the Market Index which covers all mortgage applications during the week. This includes all conventional and government applications, all fixed-rate mortgages (FRMs), all adjustable-rate mortgages (ARMs), whether for a purchase or to refinance.

MBA Mortgage Market Index

247.7

The MBA Weekly Mortgage Application Survey is a comprehensive overview of the nationwide mortgage market and covers all types of mortgage originators, including commercial banks, thrift institutions and mortgage banking companies. The entire market is represented by the Market Index which covers all mortgage applications during the week. This includes all conventional and government applications, all fixed-rate mortgages (FRMs), all adjustable-rate mortgages (ARMs), whether for a purchase or to refinance.

MBA Purchase Index

154.8

MBA 30-Year Mortgage Rate

6.77%

MBA 30-Year Mortgage Rate is average 30-year fixed mortgage lending rate measured during the reported week and backed by the Mortgage Bankers Association.

MBA Mortgage Applications

-0.4%

In the US, the MBA Weekly Mortgage Application Survey is a comprehensive overview of the nationwide mortgage market and covers all types of mortgage originators, including commercial banks, thrift institutions and mortgage banking companies. The entire market is represented by the Market Index which covers all mortgage applications during the week, whether for a purchase or to refinance. The survey covers over 75% of all US retail residential mortgage applications.

ECB Cipollone 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.

CBI Distributive Trades

-26

The Confederation of British Industry's (CBI) monthly retail sales balance is a gauge of retail sales versus a year ago. The reading is compiled from a survey of about 150 retail and wholesale companies. It includes measures of sales activity across the distributive trades. It is a leading indicator of consumer spending. The figure is the difference between the percentage of retailers reporting an increase in sales and those reporting a decrease.

22-Year Bund Auction

3.55%

6-Month DTB Auction

5.27%

15/20-Year Bund Auction

15-Year Bund Auction

3.29%

2-Year BTP Short Term Auction

2.92%

2028 SGB Auction

2.2748%

2045 SGB Auction

2.762%

Economic Sentiment Index

10

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 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.

PPI YoY

7.4%

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

0.1%

In Sweden, 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.

Industrial Production YoY

7.5%

In Singapore, industrial production measures the output of businesses integrated in the manufacturing sector of the economy.

Industrial Production MoM

-7%

In Singapore, industrial production measures the output of businesses integrated in the manufacturing sector of the economy.

RBA Weighted Median CPI YoY

3.6%

In Australia, the weighted median CPI is the inflation rate of the expenditure class at the 50th percentile of price changes in the CPI basket, based on their weight. It represents the midpoint of the distribution of price changes, where half of the basket’s weight experiences price changes at or below this level, and half experiences price changes at or above it.

RBA Weighted Median CPI MoM

0.3%

In Australia, the weighted median CPI is the inflation rate of the expenditure class at the 50th percentile of price changes in the CPI basket, based on their weight. It represents the midpoint of the distribution of price changes, where half of the basket’s weight experiences price changes at or below this level, and half experiences price changes at or above it.

CPI

102.03

In Australia, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services.

RBA Trimmed Mean CPI YoY

3.6%

In Australia, the trimmed mean CPI is the weighted average of the central 70% of price changes in the Consumer Price Index (CPI) basket, after excluding the 15% of items with the largest increases and decreases. By removing extreme price movements, this measure provides a clearer view of underlying inflation trends in the Australian economy.

RBA Trimmed Mean CPI MoM

0.3%

In Australia, the trimmed mean CPI is the weighted average of the central 70% of price changes in the Consumer Price Index (CPI) basket, after excluding the 15% of items with the largest increases and decreases. By removing extreme price movements, this measure provides a clearer view of underlying inflation trends in the Australian economy.

Inflation Rate MoM

-0.1%

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

Construction Work Done QoQ

4.3%

In Australia, construction output refers to the quarter-over-quarter change in the value of construction work done, including building and engineering for both the private and public sectors.

Inflation Rate YoY

3.8%

In Australia, the most important categories in the consumer price index are housing (23 percent of the total weight), food and non–alcoholic beverages (17 percent), transport (11 percent), furnishings, household equipment and services (9 percent), alcohol and tobacco (9 percent), recreation and culture (9 percent), health (7 percent) and insurance and financial services (6 percent). Clothing and footwear, education and communication account for remaining 10 percent of total weight.

Westpac Leading Index MoM

0.1%

The Westpac-Melbourne Institute Leading Index of Economic Activity combines a selection of economic variables that typically lead fluctuations in economic activity into a single measure that provides a reliable cyclical indicator for the Australian economy. The index includes the following components: S&P/ASX 200, dwelling approvals, US industrial production, RBA Commodity Prices Index (A$), aggregate monthly hours worked, Westpac-MI CSI expectations index, Westpac-MI Unemployment expectations index, yield spread (10Y bond – 90D bill). The index has a base value of 100 as of 1996.

National People's Congress