Household Spending MoM

0.5%

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.

Household Spending YoY

-3.6%

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.

Reserve Balances with Fed Banks

2882000000000

Central bank reserves in the United States are cash holdings kept physically in a bank's vaults or as digital deposits held in an account at one of the 12 regional Federal Reserve Banks by depository institutions. They ensure banks can meet customer cash withdrawals and short-term liquidity obligations. Since 2020, the Federal Reserve reduced its minimum reserve requirement ratio to 0%, making all reserves eligible to receive interest on reserve balances (IORB).

Fed Balance Sheet

6743000000000

The Central Bank Balance Sheet represents the total assets held by a central bank. It reflects the scale of monetary policy actions, including holdings like government securities, foreign reserves, and loans to banks. Changes in the balance sheet indicate shifts in policy, such as easing or tightening financial conditions.

Fed Musalem 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.

30-Year Bond Auction

5.308%

30-Year Mortgage Rate

7.28%

The Primary Mortgage Market Survey (PMMS) is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20 percent down and have excellent credit. Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. The interest rate a lender would charge to lend mortgage money to a qualified borrower exclusive of the fees and points required by the lender. This commitment rate applies only to conventional financing on conforming mortgages with loan-to-value rates of 80 percent or less.

15-Year Mortgage Rate

6.6%

4-Week Bill Auction

3.89%

8-Week Bill Auction

3.99%

Atlanta Fed GDPNow

3.7%

Atlanta Fed GDPNow is a real-time model from the Federal Reserve Bank of Atlanta that provides a “nowcast” of US real GDP growth for the current quarter before the official estimate from the Bureau of Economic Analysis (BEA). The model estimates 13 GDP subcomponents: personal consumption expenditures; private fixed investment; change in private inventories; exports; imports; federal government consumption and investment; and state and local government consumption and investment, with several categories further broken down into underlying components. GDPNow is updated as new economic data are released, typically six or seven times a month, and produces a data-driven estimate with no subjective adjustments. It is not an official forecast of the Atlanta Fed or the Federal Reserve.

Monetary Policy Meeting Minutes

In Mexico, interest rate decisions are taken by the Bank of Mexico (Banco de México). Starting January of 2008, Banco de México has adopted as an operating target the overnight interbank rate (tasa de fondeo bancario) instead of the level of commercial banks’ current account balances at the central bank (corto).

EIA Natural Gas Stocks Change

64000000000cf

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

NY Fed Bill Purchases 1 to 4 months

BoE Lombardelli 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).

Continuing Jobless Claims

1699000

Continuing Jobless Claims refer to actual number of unemployed and currently receiving unemployment benefits who filed for unemployment benefits at least two weeks ago.

Jobless Claims 4-week Average

200500

Initial Jobless Claims

199000

Initial jobless claims refer to the number of people who have filed for unemployment benefits with their state's unemployment agency for the first time during a specific reporting period, typically on a weekly basis. .

BoE Gov Bailey 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).

Core Inflation Rate MoM

0.16%

Core Inflation Rate YoY

3.88%

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

Inflation Rate YoY

3.26%

In Mexico, the most important categories in the CPI basket are Nonfood Goods (19.7 percent of the total weight); Housing (18.7 percent) and Other Services (18.4 percent). Food, Beverages and Tobacco account for 14.8 percent and Energy for 9.5 percent. Others include: Products subsidized by the government (5.3 percent); Education (5.1 percent); Meat and Eggs (4.8 percent) and Fruits and Vegetables (3.7 percent). The CPI index has a base of 100 as of December of 2010. The national index tracks 46 large, medium and small cities.

PPI YoY

2.99%

PPI MoM

0.06%

In Mexico, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.

Inflation Rate MoM

0.2%

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

Interest Rate Decision

6.5%

In Romania, interest rates decisions are taken by the Board of the National Bank of Romania (Banca Nationala a Romaniei). The official interest rate is the Policy Rate.

ECB Monetary Policy Meeting Accounts

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.

Foreign Exchange Reserves

61563000000

In Turkey, Foreign Exchange Reserves refer to gross foreign exchange reserves held or controlled by the country's central bank, excluding gold.

Manufacturing Production MoM

2.2%

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

Manufacturing Production YoY

1.1%

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

Inflation Rate YoY

3.7%

In Ireland, the most important categories in the consumer price index are: housing, water, electricity, gas and other fuels (16 percent of total weight); restaurants and hotels (15 percent); transport (14 percent); miscellaneous goods and services (12 percent); and food and non-alcoholic beverages (11 percent). The index also includes: recreation and culture (7 percent); alcoholic beverages and tobacco (6 percent); furnishings, household equipment and maintenance (5 percent). Clothing and footwear; health; communications; and education account for the remaining 13 percent of total weight.

Inflation Rate MoM

0.7%

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

Harmonised Inflation Rate MoM Final

0.6%

Harmonised Inflation Rate YoY Final

3.4%

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.

ECB Lane 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.

Inflation Rate MoM

0.91%

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

New Car Registrations YoY

2.6%

Inflation Rate YoY

3.52%

In Cyprus, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (19 percent of total weight). Transport accounts for 15 percent; Housing and Utilities for 11 percent; Miscellaneous Goods and Services for 9 percent; Restaurants and Hotels for 8 percent and Clothing and Footwear for 7 percent. Furniture, Household Goods and Maintenance; Health; Recreation and Culture; Communication; Education and Alcoholic Beverages and Tobacco account for the remaining 30 percent of total weight.

12-Month DTB Auction

5.08%

BoE Greene 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).

Balance of Trade

-3100000000

Greece reports regular trade deficits due to high volume of imports. Main imports are mineral fuels, machinery and transport equipment and chemicals. In recent years, the biggest trade deficits were recorded with Russia, Germany, China, Italy and France. Greece records trade surpluses with Turkey, Cyprus, United States, Algeria and United Arab Emirates.

Fed Waller 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.

BoE Credit Conditions Survey

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).

Unemployment Rate

5%

In Czech Republic, the unemployment rate shows the share of unemployed people between the ages of 15 and 64 immediately able to start work versus all working people in the same demographic group.

Motorbike Sales YoY

3.18%

Balance of Trade

-29200000

Austria's economy is dependent on foreign trade and closely linked to the economies of other EU countries, particularly Germany. The major export commodity in Austria is the automobile and its components, machinery and paper products. Austria imports mainly machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products and foodstuffs.

Retail Sales MoM

0.7%

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

Retail Sales YoY

5.1%

In Czech Republic, 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.

Exports MoM

-0.5%

In 2024, Germany maintained its strong global export position, driven primarily by its manufacturing sector. Motor vehicles and parts remained the country's top export category, accounting for around 17% of total exports (about €263 billion). Machinery followed with a 14% share, while chemical products contributed 9%. The United States emerged as Germany’s largest export destination, with German firms shipping goods worth €161.4 billion across the Atlantic. France, the Netherlands, Poland and China also ranked among the top destinations, underscoring Germany’s key role in global industrial supply chains.

Balance of Trade

21600000000

Germany continued to post significant trade surpluses with key partners in 2024. The surplus with the United States stood at approximately €69.8 billion, reflecting robust demand for German industrial goods, such as motor vehicles and machinery. In contrast, Germany recorded a substantial trade deficit with China—around €66.3 billion—due to high imports of electronics, machinery, and other manufactured products. Overall, the US regained its position as Germany’s largest trading partner, slightly ahead of China, with the Netherlands ranking third.

Balance of Trade

-690000000

International trade makes a third of Finland’s GDP. Finnish principal exports are: telecommunications equipment, passenger cars and forestry products and paper and paperboard. Finnish principal imports are food stuffs, petroleum and petroleum products, chemicals, transport equipment, iron and steel, machinery, textile yarn and fabrics and grains. European Union makes 55 percent of the total trade. The largest trade flows are with Germany, Russia, Sweden, China and U.S.

House Price Index MoM

3%

In Sweden, the Real Estate Price Index estimates development of prices and values of the existing stock of one- or two-dwelling buildings. The index takes into consideration that the houses sold may not be a random sample of the housing stock and that the mix or composition of houses may vary from one quarter/year to the next. One- or two-dwelling buildings for permanent dwelling include detached one- or two-dwelling buildings, terraced houses and linked buildings.

Imports MoM

-5.5%

On the import side, Germany purchased a broad range of industrial and consumer goods in 2024. Leading the import categories were motor vehicles (€142 billion), followed by data processing equipment, electronics, and optical products (€134 billion), and electrical equipment (€104 billion). China remained Germany’s largest import partner, supplying goods worth €156 billion, well ahead of the Netherlands (€94 billion) and the United States (€92 billion).

6-Month T-Bill Auction

1.92%

Eco Watchers Survey Current

46.4

The Economy Watchers Current Index measures the current mood of businesses that directly service consumers, such as barbers, taxi drivers, and waiters. The survey covers eleven regions across the country including Hokkaido, Tohoku, Northern Kanto, Southern Kanto, Tokai, Hokuriku, Kinki, Chugoku, Shikoku, Kyushu, and Okinawa. There were 2,050 people selected among those engaged in jobs in industries. This enabled them to observe any developments that accurately reflect economic activities such as household activity, corporate activity, and employment. A reading above 50.0 indicates optimism; below indicates pessimism.

Eco Watchers Survey Outlook

48.3

The Economy Watchers Survey Outlook measures the expected mood of businesses that directly service consumers, such as barbers, taxi drivers, and waiters. The survey covers eleven regions across the country including Hokkaido, Tohoku, Northern Kanto, Southern Kanto, Tokai, Hokuriku, Kinki, Chugoku, Shikoku, Kyushu, and Okinawa. There were 2,050 people selected among those engaged in jobs in industries. This enabled them to observe any developments that accurately reflect economic activities such as household activity, corporate activity, and employment. A reading above 50.0 indicates optimism; below indicates pessimism.

Industrial Production YoY

4.6%

In Finland, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 87 percent of total production. The biggest segments within Manufacturing are: chemicals (16 percent); electrical and electronics (13 percent); machinery and equipment (11 percent); paper and paper products (9 percent); fabricated metal products (8 percent); and food products (7 percent). Electricity, gas, steam and air conditioning supply accounts for 11 percent of total output; and Mining and quarrying account for 2 percent.

Household Consumption YoY

1.2%

In the Netherlands, Household Consumption YoY measures the year-on-year change of consumption expenditure by households. Consumption expenditure includes all voluntary expenditure on goods and services by private individuals and households. It does not include compulsory expenditure such as taxes. Services is the most important sector and accounts for 58 percent of total consumption. The biggest segments within Services are housing; financial and business services; transport, communication services; and medical services and welfare. Consumption of goods account for the remaining 42 percent, in particular durable consumer goods (15 percent) and food, beverages and tobacco (15 percent).

6-Month Bill Auction

1.2887%

30-Year JGB Auction

4.1%

Consumer Confidence

118.5

In Indonesia, the Consumer Confidence Index (CCI) measures consumer’s expectations about current income and job availability against those 6 months ago, appropriate time to buy durable goods, and general economic conditions and job availability expectations in the next 6 months. The index is based on a survey of around 4600 middle up class households in major cities (those cities cover about 78 percent of GDP). Data is collected through phone interviews and direct visits. The two main components of the Index are the current economic condition index and the consumer expectation index. The CCI is computed as a net balance obtained from the difference between percentage on ’increase’ answer and percentage on ’decrease’ answer. An index above 100 indicates an improving outlook and below 100 a deteriorating outlook.

KTBi Auction

1.64%

Car Sales YoY

32.4%

In Indonesia, Total Car Sales refers to total domestic sales of new passenger cars.

Eurogroup Meeting