Date
GMT+01:00
Event Value
Sep, 19 23:45
★★
Current Account
Current Account
Country:
Date: Sep, 19 23:45
Importance: Medium
Previous: 0.24bln
Forecast: -0.82bln
Actual: -
Period: 2 quarter

The Current Account summarizes the flow of goods, services, income and transfer payments into and out of the country. The report acts as a line-item record of how the domestic economy interacts with rest of the world. The Current Account is one of the three components that make up a country's Balance of Payments (Financial Account, Capital Account and Current Account), the detailed accounting of all international interactions. Where the other side of the Balance of Payments, Capital and Financial Accounts deal mainly with financial assets and investments, the Current Account gives a detailed breakdown of how the country intermingles with rest of the global economy on a non-investment basis - tracking goods and services.

0.24bln
Sep, 20 00:50
Trade Balance
Trade Balance
Country:
Date: Sep, 20 00:50
Importance: Low
Previous: 337.4bln; 418.8bln
Forecast: 404.7В; 97.0В
Actual: -
Period: Aug

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.

337.4bln; 418.8bln
Sep, 20 01:30
MI Leading Index
MI Leading Index
Country:
Date: Sep, 20 01:30
Importance: Low
Previous: 0.1% m/m
Forecast: -
Actual: -
Period: Aug

A leading indicator for Australian economic activity calculated by Melbourne Institute.

0.1% m/m
Sep, 20 07:00
PPI
PPI
Country:
Date: Sep, 20 07:00
Importance: Low
Previous: 0.2% m/m; 2.3% y/y
Forecast: 0.1% m/m; 2.5% y/y
Actual: -
Period: Aug

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

0.2% m/m; 2.3% y/y
Sep, 20 09:30
★★
Retail Sales Ex Auto Fuel
Retail Sales Ex Auto Fuel
Country:
Date: Sep, 20 09:30
Importance: Medium
Previous: 0.5% m/m; 1.5% y/y
Forecast: 0.0% m/m; 1.4% y/y
Actual: -
Period: Aug

A monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence.

0.5% m/m; 1.5% y/y
Sep, 20 09:30
★★★
Retail Sales With Auto Fuel
Retail Sales With Auto Fuel
Country:
Date: Sep, 20 09:30
Importance: High
Previous: 0.3% m/m; 1.3% y/y
Forecast: 0.2% m/m; 1.1% y/y
Actual: -
Period: Aug

Change in the total value of inflation-adjusted sales at the retail level with auto fuel. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

0.3% m/m; 1.3% y/y
Sep, 20 14:00
SNB Quarterly Bulletin
SNB Quarterly Bulletin
Country:
Date: Sep, 20 14:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: 3 quarter
Tends to have a mild impact because much of the information is released 2 weeks earlier in the Monetary Policy Assessmen.
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