Spanish Constitution Day Link. The Consumer Price Index CPI , released by Banco de la Republica Colombia , measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. The changes in the SPI are widely followed as an indicator for inflationary pressures.
A high reading is seen as positive or bullish for the GBP, whereas a low reading is seen as negative or bearish. The Gross Domestic Product released by the Australian Bureau of Statistics is a measure of the total value of all goods and services produced by Australia. The GDP is considered as a broad measure of economic activity and health.
The GDP is considered as a broad measure of the economic activity and health. The Factory orders released by the Deutsche Bundesbank is an indicator that includes shipments, inventories, and new and unfilled orders. An increase in the factory order total may indicate an expansion in the German economy and could be an inflationary factor. It is worth noting that the German Factory barely influences, either positively or negatively, the total Eurozone GDP.
A high reading is positive or bullish for the EUR, while a low reading is negative. Industrial Output YoY Link. The Industrial Production released by the Hungarian Central Statistical Office, shows the volume of production of Hungarian industries such as factories and manufacturing. Uptrend is regarded as inflationary which may anticipate interest rates to rise. If high industrial production growth comes out, this may generate a positive sentiment or bullish for the Forint.
The current account, released by Statistics Norway is a net flow of current transactions, including goods, services and interest payments into and out of Norway. A current account surplus indicates that the flow of capital into Norway exceeds the capital reduction. A high reading is seen as positive or bullish for the Norwegian krone, whereas a low reading is seen as negative or bearish.
Foreign Trade Balance Link. The Trade Balance released by the Statistical Office of the Slovak Republic is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit.
Positive trade balance illustrates high competitiveness of country's economy. The wholesale price index released by Statistics Austria shows price change of wholesales in Austria. An decrease in the price of wholesales indicates less inflation which is seen as positive for the EUR, while an increase indicates inflation which could be negative or bearish for the currency.
Retail Sales YoY Link. The retail Sales released by the Czech Statistical Office measures the total receipts of retail stores. Monthly percent changes reflect the rate of changes of such sales. Changes in Retail Sales are widely followed as an indicator of consumer spending. Generally speaking, a high reading is seen as positive, or bullish for the Czech Koruna, while a low reading is seen as negative or bearish. Non-monetary policy's ECB meeting Link. The European Central Bank ECB announced on july that the Governing Council meetings dedicated to monetary policy will change to a new six-week cycle, from January Non-monetary policy meetings will continue to be held at least once a month.
The Consumer Price Index, issued by the Swiss Federal Statistical Office , measures the average price change for all goods and services purchased by households for consumption purposes. CPI is the main indicator to measure inflation and changes in purchasing trends. The purchase power of CHF is dragged down by inflation. A high reading is positive for the CHF, while a low reading is negative. Cash Reserve Ratio Link. The Cash Reserve Ratio released by the Reserve Bank of India is the minimum reserves each commercial bank must hold against customer deposits.
The rate is thought of as a tool of monetary policy, while indicating the strength in the economy. Generally speaking, a high reading is seen as positive or bullish for the Rupee, while a low reading is seen as negative or Bearish.
Reverse Repo Rate Link. The rate is another tool of monetary policy, with an increase leading to a transfer of funds to the RBI, and thus out of the banking system. A decline in the reverse repo rate is seen as positive or bullish for the Rupee while an increase is seen as negative or bearish.
If the bank is hawkish about the inflationary outlook of the economy and rises the interest rates, it is seen as positive, or bullish, for the INR, while a dovish outlook for the economy or a rate cut is seen as negative, or bearish, for the currency. Foreign Reserves MoM Link.
Foreign reserves, released by Monetary Authority of Singapore , are the total of a country's gold holdings and convertible foreign currencies held in its central bank. Usually includes foreign currencies themselves, other assets denominated in foreign currencies, and particular amount of special drawing rights.
A foreign exchange reserve is a useful precaution for countries exposed to financial crises. It can be used for the purpose of intervening in the exchange market to influence or peg the exchange rate. Displayed in the calendar is the average yield on the Federal Bonds auctioned by Deutsche Bundesbank. German Federal Bonds have maturities of above then ten years.
The yield on the bonos represents the return an investor will receive by holding the bond until maturity. Investors monitor the yield volatility and compare the average rate at auction to the rate at previous auctions of the same security as an indicator of the government debt situation. ECB's Mersch speech Link. Yves Mersch is a Luxembourgian jurist and lawyer who served as Governor of the Central Bank of Luxembourg from the bank's formation in until and as a member of the Executive Board of the European Central Bank since M3 Money Supply Link.
The M3 Money Supply released by the Reserve Bank of India measures all the India Rupees in circulation, encompassing notes and coins as well as money held in bank accounts. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rates.
An acceleration of the M3 money is considered as positive for the Rupee, whereas a decline is negative. It is considered as a leading indicator of the U. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, a high reading is seen as positive or bullish for the USD, while a low reading is seen as negative or bearish. Generally speaking, a rise in this indicator has positive implications for consumer spending, stimulating economic growth.
So a high reading is traditionally seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish. Labor Productivity QoQ Link. The study indicates the health condition of overall labor force in Canada. Normally, a high reading is seen as positive or bullish for the CAD, while a low reading is seen negative or bearish.
Unit Labor Costs Link. It can serve as an indicator of trends in production costs, share prices, and inflation. A high reading is seen as positive or bullish for the USD, whereas a low reading is seen as negative ,or bearish. A high reading is positive or bullish for the USD, while a low reading is negative or bearish. The report is based on a monthly survey where near to nationwide adults evaluate their economic outlook for the next six months, personal financial perspectives and their confidence in federal economics policies.
If consumers are optimistic they will purchase more goods and services which will involve growth in domestic demand and stimulation to the economy. A reading above 50 indicates optimism, below 50 is pessimism. This statement is the primary medium used by the Bank of Canada BoC to communicate with investors about monetary policy decisions, specifically those regarding interest rates.
If the BoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CAD. Likewise, if the BoC has a dovish view on the Canadian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.
The EIA Crude Oil stockpiles report is a weekly measure of the change in the number of barrels in stock of crude oil and its derivates, and it's released by the Energy Information Administration. This report tends to generate large price volatility, as oil prices impact on worldwide economies, affecting the most, commodity related currencies such as the Canadian dollar. Despite it has a limited impact among currencies, this report tends to affect the price of oil itself, and, therefore, had a more notorious impact on WTI crude futures.
Companies answer questions related to production, employment, prices supplier deliveries, inventories and new orders. A high reading is seen as positive, or bullish for the AUD, while a low reading is seen as negative, or bearish.
JP Foreign Reserves Link. Foreign-exchange reserves, released by Ministry of Finance , in a strict sense are 'only' the foreign currency deposits and bonds held by central banks and monetary authorities. This broader figure is more readily available, but it is more accurately termed official international reserves or international reserves.
These are assets of the central bank held in different reserve currencies. Foreign investment in Japan stocks Link.
The report is released by the Ministry of Finance, detailing the flows from the public sector excluding Bank of Japan. The net data shows the difference of capital inflow and outflow. A positive difference indicates net sales of foreign securities by residents capital inflow , and a negative difference indicates net purchases of foreign securities by residents capital outflow.
Foreign bond investment Link. It indicates the housing market condition. House buyers spend money on furnishing and financing their homes, which stimulates the demand for goods, services, and the employees. Thus, a high reading is seen as bullish or positive for the AUD, whereas a low reading is seen as bearish or negative. The Consumer Confidence released by ESRI is a leading index that measures the level of consumer confidence in economic activity.
A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive or bullish for the Euro, while a low reading is seen as negative or bearish.
Imports of goods and services, released by Australian Statistician , consist of transactions in goods and services purchases, barter, gifts or grants from non-residents to residents.More...