Date
GMT+01:00
Event Value
Jun, 20 23:45
★★★
GDP
GDP
Country:
Date: Jun, 20 23:45
Importance: High
Previous: 0.6% q/q; 2.9% y/y
Forecast: 0.5% q/q; 2.7% y/y
Actual: -
Period: 1 quarter

A comprehensive measure of a New Zealand 's overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. Economic expansion, indicated by a growing GDP, raises concerns about inflationary pressure.

GDP calculates the total market value of goods and services produced in New Zealand within a given period after deducting the cost of goods and services used up in the process of production. Therefore, GDP excludes intermediate goods and services and considers final aggregates only. It is calculated as:

GDP = C + I + G + (EX - IM)

where

C = private consumption
I = private investment
G = government expenditure
EX = exports of goods and services
IM = imports of goods and services

The headline figures for GDP are the percentage growth rate from the previous quarter and the annualized percentage change in GDP. These are the preliminary figures, and are usually revised every following month.

0.6% q/q; 2.9% y/y
Jun, 21 02:30
RBA Bulletin
RBA Bulletin
Country:
Date: Jun, 21 02:30
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
It contains relevant articles, speeches, statistical tables, and provides detailed analysis of current and future economic conditions from the bank's viewpoint. Tends to have a mild impact since much of the information is released previously. Source changed release frequency from monthly to quarterly as of Mar 2010.
Jun, 21 05:30
★★
SNB Financial Stability Report
SNB Financial Stability Report
Country:
Date: Jun, 21 05:30
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
In its Financial Stability Report, the Swiss National Bank presents its assessment of the Swiss banking sector's stability. The Bank publishes this report as part of its contribution to the stability of the financial system – a task assigned to it under the new National Bank Act. In the Financial Stability Report, the National Bank focuses on trends that are observable at the levels of the banking system, the financial markets and the macroeconomic environment. The main purpose of the report for the National Bank is to draw attention to strains or imbalances which could pose a threat to system stability in the short or the longer term. The Bank thus tracks developments in the banking sector from a macroprudential perspective. This task supplements that assigned to the Swiss Financial Market Supervisory Authority (FINMA), which is responsible for supervision of the banks at the level of the individual institutions (microprudential supervision).
Jun, 21 07:00
Trade Balance
Trade Balance
Country:
Date: Jun, 21 07:00
Importance: Low
Previous: 2.29bln
Forecast: 1.89bln
Actual: -
Period: May

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.

2.29bln
Jun, 21 07:00
Prelim Machine Tool Orders
Prelim Machine Tool Orders
Country:
Date: Jun, 21 07:00
Importance: Low
Previous: 14.9% y/y
Forecast: -
Actual: -
Period: May

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

14.9% y/y
Jun, 21 08:30
★★★
Libor Rate
Libor Rate
Country:
Date: Jun, 21 08:30
Importance: High
Previous: -0.75%
Forecast: -0.75%
Actual: -
Period: Jun

The Swiss franc LIBOR interest rate is the average interbank interest rate at which a large number of banks on the London money market are prepared to lend one another unsecured funds denominated in Swiss francs. The Swiss franc (CHF) LIBOR interest rate is available in 15 maturities, from overnight (on a daily basis) to 12 months. The table below shows a summary of the current rates of all CHF LIBOR interest rates. We update these interest rates daily. If you click on the links you can see extensive current and historic information for the maturity concerned.

-0.75%
Jun, 21 08:30
★★★
3-Month Libor Lower Target Range
3-Month Libor Lower Target Range
Country:
Date: Jun, 21 08:30
Importance: High
Previous: -1.25%
Forecast: -1.25%
Actual: -
Period: Jun
The SNB fixes a target range marking the lower bound for the three-month Libor, separately from the upper one.
-1.25%
Jun, 21 08:30
★★★
3-Month Libor Upper Target Range
3-Month Libor Upper Target Range
Country:
Date: Jun, 21 08:30
Importance: High
Previous: -0.25%
Forecast: -0.25%
Actual: -
Period: Jun
The SNB fixes a target range marking the upper bound for the three-month Libor, separately from the lower one.
-0.25%
Jun, 21 08:30
★★★
SNB Monetary Policy Assessment
SNB Monetary Policy Assessment
Country:
Date: Jun, 21 08:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

It's the primary tool the SNB Governing Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future rate decisions.

Jun, 21 09:00
★★★
SNB Press Conference
SNB Press Conference
Country:
Date: Jun, 21 09:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
Press Conference SNB takes half an hour after the decision on the bet. Speech may contain unexpected declarations that move markets, but the main remarks solutions will be available a bit earlier during the announcement of the rate decision.
Jun, 21 09:30
★★
Public Sector Net Borrowing
Public Sector Net Borrowing
Country:
Date: Jun, 21 09:30
Importance: Medium
Previous: 6.2bln; 7.8bln
Forecast: 5.1bln
Actual: -
Period: May
In the U.K., the amount of expenditures less the total receipts taken in by the government. Public sector net borrowing is the measure of fiscal surpluses and deficits along with the amount of new debt created. If this number is positive, it means the U.K. is running a fiscal deficit, while a negative number represents a fiscal surplus.
6.2bln; 7.8bln
Jun, 21 09:30
30-Year Bonds Auction
30-Year Bonds Auction
Country:
Date: Jun, 21 09:30
Importance: Low
Previous: 2.225%; 1.27
Forecast: -
Actual: -
Period: Jun
Bonds with the longest maturity.
2.225%; 1.27
Jun, 21 10:00
30-y Bond Auction
30-y Bond Auction
Country:
Date: Jun, 21 10:00
Importance: Low
Previous: 1.65%; 1.35
Forecast: -
Actual: -
Period: Jun
Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence.
1.65%; 1.35
Jun, 21 10:45
ECB's Jens Weidmann Speaks
ECB's Jens Weidmann Speaks
Country:
Date: Jun, 21 10:45
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Jens Weidmann is a German economist and president of the Deutsche Bundesbank.Statements of the German representatives always attracts attention as their opinion is very ponderable.
Jun, 21 12:00
★★★
BoE Interest Rate Decision
BoE Interest Rate Decision
Country:
Date: Jun, 21 12:00
Importance: High
Previous: 0.50%
Forecast: 0.50%
Actual: -
Period: Jun

The announcement of whether the Bank of England has increased, decreased or maintained the key interest rate. The BoE meets monthly to decide on monetary policy. After each meeting policy decisions are announced. The main task of the Bank of England's Monetary Policy Committee is to set the monetary stance by fixing the overnight borrowing rate, which is incremental in determining the short-term rates. Through this mechanism, the BoE attempts to affect price levels in order to keep inflation within the target range while maintaining stable economic growth and employment.

The BOE Rate decision has great influence on financial markets. Changes in rates affect interest rates for consumer loans, mortgages, bond, and the exchange rate of the pound. Increases in rates or even expectations of increases tend to cause the pound to appreciate, while rate decreases cause the currency to depreciate.

0.50%
Jun, 21 12:00
★★★
Asset Purchase Facility
Asset Purchase Facility
Country:
Date: Jun, 21 12:00
Importance: High
Previous: 435bln
Forecast: 435bln
Actual: -
Period: Jun

In January 2009, the Chancellor of the Exchequer authorised the Bank to set up an Asset Purchase Facility (APF) to buy high-quality assets financed by the issue of Treasury bills and the DMO’s cash management operations. The aim of the Facility was to improve liquidity in credit markets. To ensure that the Asset Purchase Facility is operated in an open and transparent manner, the Bank will publish a quarterly report on the transactions as part of the facility, shortly after the end of each quarter.

435bln
Jun, 21 12:00
★★★
MPC Official Bank Rate Votes
MPC Official Bank Rate Votes
Country:
Date: Jun, 21 12:00
Importance: High
Previous: 2-0-7
Forecast: 2-0-7
Actual: -
Period: Jun

This indicator shows how the BoE's Monetary Policy Committee voted. Published monthly, 13 days after the decision on interest rate was announced

2-0-7
Jun, 21 12:00
★★★
MPC Asset Purchase Facility Votes
MPC Asset Purchase Facility Votes
Country:
Date: Jun, 21 12:00
Importance: High
Previous: 0-0-9
Forecast: 0-0-9
Actual: -
Period: Jun

The document is published 13 days after the decision is made. It reflects the votes of every MPC member.

0-0-9
Jun, 21 12:00
★★★
Monetary Policy Summary
Monetary Policy Summary
Country:
Date: Jun, 21 12:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
It's among the primary tools the MPC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes.
Jun, 21 13:30
★★
ADP Non-Farm Employment Change
ADP Non-Farm Employment Change
Country:
Date: Jun, 21 13:30
Importance: Medium
Previous: 30.2K
Forecast: -
Actual: -
Period: May
Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity. ADP analyzes payroll data from more than 2 million workers to derive employment growth estimations.
30.2K
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