Date
GMT+01:00
Event Value
Jul, 23 11:00
Bundesbank Monthly Report
Bundesbank Monthly Report
Country:
Date: Jul, 23 11:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -

Market impact tends to be greater when the report reveals a viewpoint that clashes with the ECB's stance. It contains relevant articles, speeches, statistical tables, and provides detailed analysis of current and future economic conditions from the bank's viewpoint.

Jul, 23 13:30
Wholesale Sales
Wholesale Sales
Country:
Date: Jul, 23 13:30
Importance: Low
Previous: 0.1% m/m
Forecast: -
Actual: -
Period: May

The value of sales made by Canadian wholesalers. Wholesalers sell to industries and retailers in quantities far larger than most consumers are willing to purchase. Given that growth in Wholesale Trade usually precedes increases in retail trade and consumption, changes in Wholesale Sales can be used as an early indicator for the overall direction of the retail sector, consumption and the economy. The headline figure reports the monthly percentage change in Wholesale Sales, seasonally adjusted to account for variations in demand due to seasonal cycles.

These sectors are farm products, food, beverages, and tobacco products, personal and household goods, automotive products, building materials, machinery and electronic equipment etc.

0.1% m/m
Jul, 23 15:00
★★
Existing Home Sales
Existing Home Sales
Country:
Date: Jul, 23 15:00
Importance: Medium
Previous: 5.43M; -0.4% m/m
Forecast: -
Actual: -
Period: Jun

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.

5.43M; -0.4% m/m
Jul, 23 15:00
Consumer Confidence
Consumer Confidence
Country:
Date: Jul, 23 15:00
Importance: Low
Previous: -0.5
Forecast: -
Actual: -
Period: Jul

Consumer confidence is a measure of popular sentiment concerning the Eurozone economy. The figure is derived from a survey that asks thousands of consumers about personal expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Even though t he Italian economy is heavily driven by its export sector, domestic consumer confidence is an important gauge of overall economic activity and future inflationary pressures.

A headline figure above 50 shows positive consumer sentiment, while a number below 50 shows negative consumer sentiment; the greater the distance, the stronger the sentiment.

-0.5
Jul, 23 15:30
Leading Index (Conference Board)
Leading Index (Conference Board)
Country:
Date: Jul, 23 15:30
Importance: Low
Previous: 105.3; 0.1% m/m
Forecast: -
Actual: -
Period: May

The Index includes account inventory ratios, machinery orders, stock prices and other leading economic indicators. As the aggregate of many leading indices the Leading Economic Index provides a forecast of the future state of the domestic economy and is thought to predict activity that will occur 6-9 months after the reporting period.

The index operates on a 1-100 scale, where a value lower than 50 means that most indictors are negative and a value higher than 50 means most indicators are positive. In both cases a greater distance from the midpoint (50) means that the indicators are more strongly positive or negative.

105.3; 0.1% m/m
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