Date
GMT+00:00
Event Previous Forecast Actual
Jan, 08 07:00
Factory Orders
Factory Orders
Country:
Date: Jan, 08 07:00
Importance: Low
Previous: 1.5%; -0.7%
Forecast: -0.9%
Actual: -
Period: Nov

Dollar volume of new orders, shipments, unfilled orders and inventories as reported by domestic manufacturers. Factory Orders is not a widely watched economic release.

Factor Orders does provide a comprehensive look at the manufacturing sector. Specifically, the New Orders figure can act as a gauge of demand across industries while Shipments are indicative of supply. The Unfilled Orders and Inventory figures reconcile the balance between New Orders and Shipments; high Shipments are indicative of an excess of demand relative to supply, high Inventories signal an excess of supply over demand.

Figures are reported in billions of dollars and also in percent change from the previous month.

On a Technical Note: The New Orders figure measures the value of orders received by manufacturers for new products from both domestic and foreign sources. The total value of products shipped is calculated in Shipments while Unfilled Orders measures the value of goods backlogged for order but not yet shipped. Lastly, Inventories gauges the amount of unsold goods held by manufacturers.

1.5%; -0.7% -0.9% -
Jan, 08 07:30
★★
CPI
CPI
Country:
Date: Jan, 08 07:30
Importance: Medium
Previous: -0.2%; 0.0%
Forecast: -0.1%; 0.1%
Actual: -
Period: Dec

It is the key gauge for inflation in Switzerland. Simply put, inflation reflects a decline in the purchasing power of the Franc, where each Franc buys fewer goods and services. The CPI calculates the change in the price of a predetermined basket of consumer goods and services. This basket represents the goods and services that an average household will purchase. The figure is compared to those of the previous month as well as the previous year in order to gauge changes to the costs of living on a month to month and year to year basis. The headline number is the percentage change either from the previous month's value or the previous year's value.

As the key indicator of inflation, a rising CPI may prompt the Swiss National Bank to raise interest rates in attempt to manage inflation and slow economic growth. Higher interest rates make holding the Franc more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Franc.

-0.2%; 0.0% -0.1%; 0.1% -
Jan, 08 07:45
Trade Balance
Trade Balance
Country:
Date: Jan, 08 07:45
Importance: Low
Previous: -3.9
Forecast: -4.3
Actual: -
Period: Nov

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.

-3.9 -4.3 -
Jan, 08 09:00
ECB Economic Bulletin
ECB Economic Bulletin
Country:
Date: Jan, 08 09:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
In 2015 the Economic Bulletin replaced the Monthly Bulletin. The Economic Bulletin is published two weeks after the monetary policy meeting of the Governing Council of the ECB. Issues published after the monetary policy meetings in March, June, September and December provide a comprehensive analysis of economic and monetary developments, including a discussion of the Eurosystem/ECB staff macroeconomic projections for the euro area. Other issues are shorter and provide an interim update on developments in key monthly indicators.
- - -
Jan, 08 09:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jan, 08 09:00
Importance: Low
Previous: 6.0%
Forecast: 6.0%
Actual: -
Period: Nov

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

6.0% 6.0% -