Date
GMT+00:00
Event Previous Forecast Actual
Jan, 19 09:00
Current Account (sa)
Current Account (sa)
Country:
Date: Jan, 19 09:00
Importance: Low
Previous: 26.6bln; 34.1bln
Forecast: -
Actual: -
Period: Nov

  The Current Account summarizes the flow of goods, services, income and transfer payments into and out of the country. The report acts as a line-item record of how the domestic economy interacts with rest of the world. The Current Account is one of the three components that make up a country's Balance of Payments (Financial Account, Capital Account and Current Account), the detailed accounting of all international interactions. Where the other side of the Balance of Payments, Capital and Financial Accounts deal mainly with financial assets and investments, the Current Account gives a detailed breakdown of how the country intermingles with rest of the global economy on a non-investment basis - tracking good and services.

26.6bln; 34.1bln - -
Jan, 19 10:05
★★
ZEW Economic Sentiment
ZEW Economic Sentiment
Country:
Date: Jan, 19 10:05
Importance: Medium
Previous: 55.0
Forecast: -
Actual: -
Period: Jan

A German Firm, the Center for European Economic Research (ZEW), queries financial experts throughout Europe every month in order to make a medium-term forecast about Germany 's economic situation. They ask experts to evaluate the current situation and to predict the future direction of the economy. For all components of the survey, responses are restricted to positive, negative, or unchanged. This simple structure allows the survey to be quick and efficient in terms of turnaround time, as well as easy to understand and interpret.

Experts are asked for a qualitative assessment of the direction of inflation, interest rates, exchange rates and the stock market in the next six months. Thus the indicator provides a medium-term forecast for the German economy.

Technical Note on Headline Number : The results of the survey are always presented as the difference between those experts that optimistic and those are pessimistic. For instance if 25 percent of analysts expect improvement, 35 percent expect decline, and 40 percent expect no change, the headline figure is -10.

55.0 - -
Jan, 19 10:05
★★
ZEW Current Situation
ZEW Current Situation
Country:
Date: Jan, 19 10:05
Importance: Medium
Previous: -66.5
Forecast: -
Actual: -
Period: Jan

A German Firm, the Center for European Economic Research (ZEW), queries financial experts throughout Europe every month in order to make a medium-term forecast about Germany 's economic situation. They ask experts to evaluate the current situation and to predict the future direction of the economy. For all components of the survey, responses are restricted to positive, negative, or unchanged. This simple structure allows the survey to be quick and efficient in terms of turnaround time, as well as easy to understand and interpret.

Unlike the Economic Sentiment Indicator which looks into the future direction of the economy, the Current Situation Indicator focuses on the results of the survey that relate to the current health of the German economy. Expert opinions on whether the current situation is improved, worsened, or unchanged are summarized as the number of positive responses minus the number of negative responses. A higher headline figure indicates a stronger economy and better business climate.

Technical Note on Headline Number : The results of the survey are always presented as the difference between those experts that optimistic and those are pessimistic. For instance if 25 percent of analysts expect improvement, 35 percent expect decline, and 40 percent expect no change, the headline figure is -10.

-66.5 - -
Jan, 19 10:05
★★
ZEW Survey (Econ. Sentiment)
ZEW Survey (Econ. Sentiment)
Country:
Date: Jan, 19 10:05
Importance: Medium
Previous: 54.4
Forecast: -
Actual: -
Period: Jan

The Center for European Economic Research (ZEW), queries financial experts throughout Europe every month in order to make a medium-term forecast about the economic situation. Eurozone ZEW Indicator of Economic Sentiment Assesses future economic expectations for the whole Eurozone. The results are summarized as the number of positive responses minus the number of negative responses. A higher headline figure indicates a positive expectation for Euro-zone economy.

Technical Note on Headline Number : The results of the survey are always presented as the difference between those experts that optimistic and those are pessimistic. For instance if 25 percent of analysts expect improvement, 35 percent expect decline, and 40 percent expect no change, the headline figure is -10.

54.4 - -
Jan, 19 13:30
Wholesale Sales
Wholesale Sales
Country:
Date: Jan, 19 13:30
Importance: Low
Previous: 1.0%
Forecast: -
Actual: -
Period: Nov

The value of sales made by Canadian wholesalers. Wholesalers sell to industries and retailers in quantities far larger than most consumers are willing to purchase. Given that growth in Wholesale Trade usually precedes increases in retail trade and consumption, changes in Wholesale Sales can be used as an early indicator for the overall direction of the retail sector, consumption and the economy. The headline figure reports the monthly percentage change in Wholesale Sales, seasonally adjusted to account for variations in demand due to seasonal cycles.

These sectors are farm products, food, beverages, and tobacco products, personal and household goods, automotive products, building materials, machinery and electronic equipment etc.

1.0% - -