Date
GMT+01:00
Event Value
Apr, 25 07:00
GfK Consumer Climate
GfK Consumer Climate
Country:
Date: Apr, 25 07:00
Importance: Low
Previous: 10.4
Forecast: -
Actual: -
Period: May

The German group GfK uses this report to show the results of their survey on business consumer confidence in order to gauge the health of the German economy. It is a leading indicator of economic strength.

10.4
Apr, 25 07:30
★★★
Bank of Japan Press Conference
Bank of Japan Press Conference
Country:
Date: Apr, 25 07:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

Press conference of the BoJ.

Apr, 25 08:00
Unemployment Rate
Unemployment Rate
Country:
Date: Apr, 25 08:00
Importance: Low
Previous: 14.5%
Forecast: 14.5%
Actual: -
Period: 1 quarter

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.

14.5%
Apr, 25 09:00
ECB Economic Bulletin
ECB Economic Bulletin
Country:
Date: Apr, 25 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.
Apr, 25 11:00
CBI industrial order books balance
CBI industrial order books balance
Country:
Date: Apr, 25 11:00
Importance: Low
Previous: 1
Forecast: 3
Actual: -
Period: Apr

This review reflects businessmen sentiment concerning the position of the industrial sector of the economy.

1
Apr, 25 13:30
★★★
Durable Goods Orders
Durable Goods Orders
Country:
Date: Apr, 25 13:30
Importance: High
Previous: -1.6% m/m; 0.1% m/m
Forecast: 0.7% m/m; 0.2% m/m
Actual: -
Period: Mar

The value of orders placed for relatively long-lasting goods. Durable Goods are expected to last more than three years. Such products often require large investments and usually reflect optimism on the part of the buyer that their expenditure will be worthwhile.

Because orders for goods have large sway over the actual production, this figure serves as an excellent forecast of US output to come. Durable Goods are typically sensitive to economic changes. When consumers become sceptical about economic conditions, sales of durable goods are one of the first to be impacted since consumers can delay purchases of durable items, like cars and televisions, only spending money on necessities in times of economic hardship. Conversely, when consumer confidence is restored, orders for durable goods rebound quickly.

-1.6% m/m; 0.1% m/m
Apr, 25 13:30
★★
Unemployment Claims
Unemployment Claims
Country:
Date: Apr, 25 13:30
Importance: Medium
Previous: 192K
Forecast: 199K
Actual: -
Period: Apr

The indicator shows the number of unemployed people in the USA.

192K
Apr, 25 13:30
Continuing Claims
Continuing Claims
Country:
Date: Apr, 25 13:30
Importance: Low
Previous: 1653K
Forecast: -
Actual: -
Period: Apr

Continuing claims refers to unemployed workers that qualify for benefits under unemployment insurance. In order to be included in continuing claims, the person must have been covered by unemployment insurance and be currently receiving benefits. Data on unemployment claims is published by the Department of Labor on a weekly basis, allowing for frequent updates on the levels of unemployment.

1653K
Apr, 25 15:30
EIA Natural Gas Storage Change
EIA Natural Gas Storage Change
Country:
Date: Apr, 25 15:30
Importance: Low
Previous: 92bln
Forecast: -
Actual: -
Period: Apr

Weekly report about natural gas storage change in the USA.

92bln
Apr, 25 23:45
★★
Trade Balance
Trade Balance
Country:
Date: Apr, 25 23:45
Importance: Medium
Previous: 12M; -6621M
Forecast: 131M; -6339M
Actual: -
Period: Mar

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.

12M; -6621M
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