Date
GMT+00:00
Event Previous Forecast Actual
Jan, 30 09:30
Net Lending to Individuals
Net Lending to Individuals
Country:
Date: Jan, 30 09:30
Importance: Low
Previous: 6.6
Forecast: 6.1
Actual: -
Period: Dec

The amount of extra funds that a sector has available to provide for either direct and indirect lending purposes to other similar counter-parts.

6.6 6.1 -
Jan, 30 09:30
M4 Money Supply
M4 Money Supply
Country:
Date: Jan, 30 09:30
Importance: Low
Previous: 0.8%; 4.3%
Forecast: 0.3%
Actual: -
Period: Dec

M4 is referred to as "broad money" or simply "the money supply". It reflects cash outside banks (i.e. in circulation with the public and non-bank firms) + private-sector retail bank and building society deposits + Private-sector wholesale bank and building society deposits and Certificate of Deposit.

0.8%; 4.3% 0.3% -
Jan, 30 10:00
★★
GDP revised
GDP revised
Country:
Date: Jan, 30 10:00
Importance: Medium
Previous: 0.3%; 1.4%
Forecast: 0.2%
Actual: -
Period: 4 quarter

An indicator for broad overall growth in the Eurozone. Robust GDP growth signals a heightened level of economic activity, and therefore a high demand for currency. Economic expansion also raises concerns about inflationary pressure, which generally prompts monetary authorities to increase interest rates. This means that positive GDP readings are generally bullish for a given currency, while negative readings are bearish.

Due to the untimeliness of this report and because data on GDP components are available beforehand, the actual GDP figure is usually well anticipated. But given its overall significance GDP has the tendency to move the market upon release, acting to confirm or upset economic expectations. Robust GDP growth signals a heightened level of activity that is generally associated with a healthy economy. However economic expansion also raises concerns about inflationary pressures which may lead to monetary policy tightening.

The headline figure for GDP is an annualized percentage growth rate.

Technically, Gross Domestic Product is calculated in the following way:

GDP = C + I + G + (EX - IM)
where
C = private consumption
I = private investment
G = government expenditure
EX = exports of goods and services
IM = imports of goods and services

Technical note : GDP is the total market value of goods and services produced in the Eurozone within a given period after deducting the cost of goods and services used up in the process of production. Therefore, GDP excludes intermediate goods and services and considers final aggregates only.

0.3%; 1.4% 0.2% -
Jan, 30 10:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jan, 30 10:00
Importance: Low
Previous: 6.3%
Forecast: 6.3%
Actual: -
Period: Dec

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.

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.

6.3% 6.3% -
Jan, 30 10:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jan, 30 10:00
Importance: Low
Previous: 5.7%
Forecast: 5.8%
Actual: -
Period: Dec

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.

5.7% 5.8% -