Date
GMT+01:00
Event
Jun, 08 23:45
Manufacturing Sales
Manufacturing Sales
Country:
Date: Jun, 08 23:45
Importance: Low
Previous: 0.6%
Forecast: -
Actual: -
Period: 1 quarter
Change in the total value of sales at the manufacturing level. Released quarterly, about 70 days after the quarter ends.
Jun, 09 00:01
BRC Retail Sales Monitor
BRC Retail Sales Monitor
Country:
Date: Jun, 09 00:01
Importance: Low
Previous: -3.4%
Forecast: 0.6%
Actual: -
Period: May

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.

Jun, 09 00:50
M2 Money Supply + CD
M2 Money Supply + CD
Country:
Date: Jun, 09 00:50
Importance: Low
Previous: 2.3%; 1.6%
Forecast: 2.4%
Actual: -
Period: May

Measure of the money supply used by the Bank of Japan. The figure includes all currency in circulation plus all bank deposits. This indicator tends to be tracked closely with the total money supply. The figure focuses mostly on individual deposit accounts rather than institutional accounts, making it a more attractive money indicator than broad liquidity measures. The headline figure is the percentage change from the previous year.

Jun, 09 01:30
Westpac Consumer Sentiment
Westpac Consumer Sentiment
Country:
Date: Jun, 09 01:30
Importance: Low
Previous: 83.0; 3.5%
Forecast: -
Actual: -
Period: Jun

Consumer Sentiment (or Consumer Confidence) measures the level of confidence households have in economic performance. Generally rising consumer confidence acts as a precursor to higher consumer expenditures which drive economic expansion.

Jun, 09 02:30
NAB Business Confidence
NAB Business Confidence
Country:
Date: Jun, 09 02:30
Importance: Low
Previous: -24
Forecast: -
Actual: -
Period: May

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.

Jun, 09 07:00
Industrial Production
Industrial Production
Country:
Date: Jun, 09 07:00
Importance: Low
Previous: -0.7%; -2.8%
Forecast: 0.1%
Actual: -
Period: Apr

Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Germany. Industrial production is significant as a short-term indicator of the strength of German industrial activity. High or rising Industrial Production figures suggest increased production and economic expansion, healthy for the Euro. However, uncontrolled levels of production and consumption can spark inflation.

The report is only a preliminary estimate figure that does not move the markets much. The figure is released in headlines as a monthly percent change.

Jun, 09 07:00
Trade Balance
Trade Balance
Country:
Date: Jun, 09 07:00
Importance: Low
Previous: 14.3bln; 19.9bln
Forecast: 14.2
Actual: -
Period: Apr

The difference between the value of exports and imports in Germany. Trade Balance is one of the biggest components of Germany 's Balance of Payment. As Germany is Europe's largest economy and given Germany's export oriented economy, trade data can give critical insight into pressures on the value of the Euro.

In order to gauge the effect of German Trade Balance on the Euro, German trade is separated into intra-Eurozone trades and extra-Eurozone trades. Intra-trades between Germany and Eurozone countries have no affect on the overall valuation of Euro. Extra-trades between Germany and other countries outside of Eurozone do impact the overall Eurozone trade balance. Given Germany's large share of Eurozone exports, the figure tends to move the market upon release.

Trade surpluses reflect funds coming into Germany in exchange for goods and services. Such currency inflows may lead to a natural appreciation of a Euro, unless countered by similar capital outflows. At a bare minimum, surpluses will boost up the value of the currency.

The headline figure for trade balance is expressed in billions of Euros.

Jun, 09 07:00
Prelim Machine Tool Orders
Prelim Machine Tool Orders
Country:
Date: Jun, 09 07:00
Importance: Low
Previous: -2.3%
Forecast: -
Actual: -
Period: May

This is a report which measures the change in the total value of new orders placed with machine tool manufacturers.

Jun, 09 11:00
NFIB Small Business Index
NFIB Small Business Index
Country:
Date: Jun, 09 11:00
Importance: Low
Previous: 95.9
Forecast: 96.0
Actual: -
Period: May
Survey of small businesses which asks respondents to rate the relative level of economic conditions including labor markets, inventories and sales, capital spending, inflation, earnings and wages, and credit markets.
Jun, 09 13:30
★★
Trade Balance
Trade Balance
Country:
Date: Jun, 09 13:30
Importance: Medium
Previous: -60.3
Forecast: -55.2
Actual: -
Period: Apr

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.

Jun, 09 13:30
★★
Trade Balance
Trade Balance
Country:
Date: Jun, 09 13:30
Importance: Medium
Previous: 1.8
Forecast: 1.9
Actual: -
Period: Apr

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.

Jun, 09 15:00
★★
Existing Home Sales
Existing Home Sales
Country:
Date: Jun, 09 15:00
Importance: Medium
Previous: 4.02M; 0.2%
Forecast: 4.08M
Actual: -
Period: May

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.

Jun, 09 15:00
Wholesale Inventories
Wholesale Inventories
Country:
Date: Jun, 09 15:00
Importance: Low
Previous: 0.5%
Forecast: 0.5%
Actual: -
Period: Apr

The stock of unsold goods held by wholesalers. Wholesalers act as intermediaries between manufacturers or importers, and retailers. Wholesalers sell directly to retailers, who strive to act in accordance (ideally) with consumer demand. Consequently, high Wholesale Inventories indicate that unsold goods are piling up, suggesting that retailers are facing lagging consumer demand and unwilling to purchase goods. Conversely, declining Wholesale Inventories suggest retailers are buying more goods to meet strong or rising demand. Because Wholesale Inventories reflect the demand retailers have for their manufacturers' wares, the report offers an early indication of the potential strength of consumer spending.

Wholesale Inventories are reported in headlines as a percent change from the previous month.

Jun, 10 00:50
Domestic Corporate Goods Price Index
Domestic Corporate Goods Price Index
Country:
Date: Jun, 10 00:50
Importance: Low
Previous: 2.3%; 4.9%
Forecast: ; 5.7%
Actual: -
Period: May

A Japanese index that measures the prices of goods created by firms at the producer and wholesaler level in Japan. The Domestic Corporate Goods Price Index (CGPI) tracks changes in supply side prices within the Japanese economy. Changes in the CGPI often precede changes in the overall Consumer Price Index, as input values determine the overall retail values of the consumer goods. Thus, a large increase in the domestic CGPI will lead to a large increase in the overall CPI.

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