Date
GMT+00:00
Event
Jan, 20 16:00
★★★
Bank of Canada Press Conference
Bank of Canada Press Conference
Country:
Date: Jan, 20 16:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

(BOC) Press Conference Following the Release of the Monetary Policy Report The global economic recovery is entering a new phase.

Jan, 20 21:45
Visitor Arrivals
Visitor Arrivals
Country:
Date: Jan, 20 21:45
Importance: Low
Previous: 5.9%
Forecast: -
Actual: -
Period: Nov
The Visitor Arrivals released by the Statistics New Zealand measures the number of visitors to New Zealand. As the tourism industry dominates a large part of the total GDP, the visitor arrivals is an important indicator of the overall economic condition in New Zealand.
Jan, 20 23:50
Trade Balance
Trade Balance
Country:
Date: Jan, 20 23:50
Importance: Low
Previous: 570.2bln; 366.8bln
Forecast: 700.0bln; 942.8bln
Actual: -
Period: Dec

The difference between the total value of exports and the total value of imports. A positive figure indicates a trade surplus while a negative value represents a trade deficit. Because Japan 's economy is highly export-led, trade data can give critical insight into developments in Japan 's economy and changes into foreign exchange rates.

A surplus reflects capital flowing into Japan in exchange for Japanese exports, and a deficit means that capital is flowing out of Japan as imports are purchased in larger volumes by Japanese consumers. A trade surplus will act as an appreciating weight on the Yen, whereas a trade deficit will place downward pressure on the Yen's value.

Details in the Trade Balance report itself give useful insight into changing trends regarding Japanese trade. Such developments are especially important for the country, which is an export-oriented economy that has historically experienced large trade surpluses. Any affect on this could have dramatic affect on the domestic economy.

The headline figure for trade balance is expressed in millions of Yen and usually accompanied by a year-on-year percentage change figure.

Jan, 21 00:00
★★
Consumer Inflation Expectation
Consumer Inflation Expectation
Country:
Date: Jan, 21 00:00
Importance: Medium
Previous: 3.5%
Forecast: -
Actual: -
Period: Jan

The percent by which, according to consumers expectations, the prices for goods and services will change over the next 12 months.

Jan, 21 00:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Jan, 21 00:30
Importance: High
Previous: 6.8%
Forecast: 6.7%
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.

Jan, 21 00:30
★★★
Employment Change
Employment Change
Country:
Date: Jan, 21 00:30
Importance: High
Previous: 90.0K
Forecast: 50.0K
Actual: -
Period: Dec

Tracks the number of the employed in Australia . The figure appears in the monthly Labour Force Survey conducted by the Australian Bureau of Statistics. A surge in new employment suggests higher spending potential and budding inflation pressures, which the RBA often counters with rate increases.

The headline figure is the annualized percentage change in employed workers.

Jan, 21 00:30
★★
Part Time Employment Change
Part Time Employment Change
Country:
Date: Jan, 21 00:30
Importance: Medium
Previous: 84.2K; 5.8K
Forecast: -
Actual: -
Period: Dec

Modern award usually defines a part-time employee as an employee who is engaged to work less than an average of 38 ordinary hours per week and whose hours of work are reasonably predictable, with a guaranteed minimum number of hours of work. Work is usually performed on regular days of the week. A part-time employee will usually be entitled to the same employment conditions as a full-time employee, but on a pro rata basis compared to the full-time hours (usually 38 per week) prescribed under the applicable industrial instrument.

Jan, 21 00:30
Participation Rate
Participation Rate
Country:
Date: Jan, 21 00:30
Importance: Low
Previous: 66.1%
Forecast: 66.2%
Actual: -
Period: Dec

A measure of the active portion of an economy's labor force. The participation rate refers to the number of people who are either employed or are actively looking for work. The number of people who are no longer actively searching for work would not be included in the participation rate. During an economic recession, many workers often get discouraged and stop looking for employment, as a result, the participation rate decreases.

Jan, 21 06:30
★★★
Bank of Japan Press Conference
Bank of Japan Press Conference
Country:
Date: Jan, 21 06:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

Press conference of the BoJ.

Jan, 21 07:00
Trade Balance
Trade Balance
Country:
Date: Jan, 21 07:00
Importance: Low
Previous: 4.46bln
Forecast: -
Actual: -
Period: Dec

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.

Jan, 21 09:30
★★
BoE Credit Conditions Survey
BoE Credit Conditions Survey
Country:
Date: Jan, 21 09:30
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -

As part of its mission to maintain monetary stability and financial stability, the Bank needs to understand trends and developments in credit conditions. This survey for bank and non-bank lenders is an input to this work. Lenders are asked about the past three months and the coming three months. The survey covers secured and unsecured lending to households and small businesses; and lending to non-financial corporations, and to non-bank financial firms.

Jan, 21 09:30
10-y Bond Auction
10-y Bond Auction
Country:
Date: Jan, 21 09:30
Importance: Low
Previous: -0.027%; 3.05
Forecast: -
Actual: -
Period: Jan
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
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