Date
GMT+01:00
Event Value
May, 11 15:00
★★
Existing Home Sales
Existing Home Sales
Country:
Date: May, 11 15:00
Importance: Medium
Previous: 3.98M; -3.6%
Forecast: 4.05M
Actual: -
Period: Apr

Records sales of previously owned homes in the United States . This report provides a fairly accurate assessment of housing market conditions, and because of the sensitivity of the housing market to business cycle twists, it can be an important indicator of overall conditions at times when housing is particularly important to the economy.

While used home sales are not counted in GDP, they do affect the United States economy. Sellers of used homes often use capital gains from property sales on consumption that stimulate the economy. Higher levels of consumer spending may also increase inflationary pressures, even as they help grow the economy.

The existing home sales report is not as timely as other housing indicators like New Home Sales or Building Permits. By the time the Existing Home Sales are recorded, market conditions may have changed.

The headline is the total value of properties sold.

3.98M; -3.6%
May, 12 00:01
BRC Retail Sales Monitor
BRC Retail Sales Monitor
Country:
Date: May, 12 00:01
Importance: Low
Previous: 3.1%
Forecast: 0.7%
Actual: -
Period: Apr

The BRCĀ  Retail Sales Monitor is an accurate monthly measure of retail sales performance that acts as both a benchmark for participating retailers and as a key economic indicator.

The RSM measures changes in the actual value of retail sales based on figures supplied directly by participating members. Originally set up at the request of BRC members to benchmark their own business performance against the wider sector, the BRCĀ  Retail Sales Monitor is an authoritative measure on the health of the UK retail sector and the wider economy.

3.1%
May, 12 00:30
Household Spending
Household Spending
Country:
Date: May, 12 00:30
Importance: Low
Previous: -1.8%
Forecast: -1.4%
Actual: -
Period: Mar

A survey of both wage-earning and non-working households, such as those classified as single-member, unemployed, or retired. The headline figure is the percentage change in average spending per household from the previous year. Increases in household spending are favorable for the Japanese economy because high consumer spending generally leads to higher levels of economic growth. Higher spending is also a sign of consumer optimism, as households confident in their future outlook will spend more. At the same time accelerated growth exerts inflationary pressure, which can lead to interest rate increases in the future.

-1.8%
May, 12 00:50
Summary of Opinions
Summary of Opinions
Country:
Date: May, 12 00:50
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
This report includes the BOJ's projection for inflation and economic growth. It's the primary tool the BOJ uses to communicate their economic and monetary projections to investors.
May, 12 02:30
NAB Business Confidence
NAB Business Confidence
Country:
Date: May, 12 02:30
Importance: Low
Previous: -29
Forecast: -
Actual: -
Period: Apr

A survey of the current state of the business sector in Australia . Based on a survey of hundreds of small and large sized companies, the National Australia Bank delivers monthly comprehensive quarterly reports.

This comprehensive survey primarily provides insight into the state of the Australian economy and puts forth leading indicators that signal its future direction. Thus the survey's findings, if unexpected, have the power to move markets directly.

The National Australia Bank releases both a monthly and quarterly report. The quarterly report is more comprehensive, surveying around 1000 small to large non-farm firms. The quarterly report provides greater detail on the data as well as a short to mid-term outlook of Australia . Because of seasonal volatility and government protections the survey only excludes the farm sector.

-29
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