Date
GMT+01:00
Event
Sep, 20 02:30
RBA Bulletin
RBA Bulletin
Country:
Date: Sep, 20 02:30
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
It contains relevant articles, speeches, statistical tables, and provides detailed analysis of current and future economic conditions from the bank's viewpoint. Tends to have a mild impact since much of the information is released previously. Source changed release frequency from monthly to quarterly as of Mar 2010.
Sep, 20 07:00
Trade Balance
Trade Balance
Country:
Date: Sep, 20 07:00
Importance: Low
Previous: 2.26В
Forecast: 2.41bln
Actual: -
Period: Aug

A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

Surpluses and Deficits
A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

Ramifications of Trade Balance on Markets
There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

Sep, 20 08:30
★★★
Libor Rate
Libor Rate
Country:
Date: Sep, 20 08:30
Importance: High
Previous: -0.75%
Forecast: -0.75%
Actual: -
Period: Sep

The Swiss franc LIBOR interest rate is the average interbank interest rate at which a large number of banks on the London money market are prepared to lend one another unsecured funds denominated in Swiss francs. The Swiss franc (CHF) LIBOR interest rate is available in 15 maturities, from overnight (on a daily basis) to 12 months. The table below shows a summary of the current rates of all CHF LIBOR interest rates. We update these interest rates daily. If you click on the links you can see extensive current and historic information for the maturity concerned.

Sep, 20 08:30
★★★
3-Month Libor Lower Target Range
3-Month Libor Lower Target Range
Country:
Date: Sep, 20 08:30
Importance: High
Previous: -1.25%
Forecast: -1.25%
Actual: -
Period: Sep
The SNB fixes a target range marking the lower bound for the three-month Libor, separately from the upper one.
Sep, 20 08:30
★★★
3-Month Libor Upper Target Range
3-Month Libor Upper Target Range
Country:
Date: Sep, 20 08:30
Importance: High
Previous: -0.25%
Forecast: -0.25%
Actual: -
Period: Sep
The SNB fixes a target range marking the upper bound for the three-month Libor, separately from the lower one.
Sep, 20 08:30
★★★
SNB Monetary Policy Assessment
SNB Monetary Policy Assessment
Country:
Date: Sep, 20 08:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

It's the primary tool the SNB Governing Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future rate decisions.

Sep, 20 09:30
★★★
Retail Sales With Auto Fuel
Retail Sales With Auto Fuel
Country:
Date: Sep, 20 09:30
Importance: High
Previous: 0.7% m/m; 3.5% y/y
Forecast: -0.2% m/m; 2.3% y/y
Actual: -
Period: Aug

Change in the total value of inflation-adjusted sales at the retail level with auto fuel. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

Sep, 20 09:30
★★
Retail Sales Ex Auto Fuel
Retail Sales Ex Auto Fuel
Country:
Date: Sep, 20 09:30
Importance: Medium
Previous: 0.9% m/m; 3.7% y/y
Forecast: -0.3% m/m; 2.3% y/y
Actual: -
Period: Aug

A monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence.

Sep, 20 09:30
10-y Bond Auction
10-y Bond Auction
Country:
Date: Sep, 20 09:30
Importance: Low
Previous: 1.432%; 1.41
Forecast: -
Actual: -
Period: Sep
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
Sep, 20 09:30
30-Year Bonds Auction
30-Year Bonds Auction
Country:
Date: Sep, 20 09:30
Importance: Low
Previous: 2.583%; 1.58
Forecast: -
Actual: -
Period: Sep
Bonds with the longest maturity.
Sep, 20 10:00
30-y Bond Auction
30-y Bond Auction
Country:
Date: Sep, 20 10:00
Importance: Low
Previous: 1.65%; 1.35
Forecast: -
Actual: -
Period: Sep
Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence.
Sep, 20 10:00
10-y Bond Auction
10-y Bond Auction
Country:
Date: Sep, 20 10:00
Importance: Low
Previous: 0.71%; 1.95
Forecast: -
Actual: -
Period: Sep
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
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