Date
GMT+01:00
Event Previous Forecast Actual
Oct, 16 07:00
Construction Output
Construction Output
Country:
Date: Oct, 16 07:00
Importance: Low
Previous: 0.2%; 2.4%
Forecast: -0.2%
Actual: -
Period: Aug

Index demonstrates the situation in the construction sector; it shows output of products and business activity sizes in this sigment of economy.

0.2%; 2.4% -0.2% -
Oct, 16 07:00
Index of Services
Index of Services
Country:
Date: Oct, 16 07:00
Importance: Low
Previous: 0.4%; 0.1%
Forecast: 0.4%
Actual: -
Period: Aug

The index tracks activity in services sector.

0.4%; 0.1% 0.4% -
Oct, 16 08:00
SECO Economic Forecasts
SECO Economic Forecasts
Country:
Date: Oct, 16 08:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -

The State Secretariat for Economic Affairs (SECO) “is the federal government's centre of expertise for all core issues relating to economic policy. Its aim is to ensure sustainable economic growth by putting in place the necessary regulatory and economic policy conditions.” - Source www.seco.admin.ch

SECO Economic Forecasts are released quarterly and include expectations for GDP and its components such as: consumption expenditure (personal and government), construction investment, investment in equipment and software, exports, imports, employment (full time equivalent), rate of unemployment and the Consumer Price Index (CPI).

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Oct, 16 09:00
Trade Balance
Trade Balance
Country:
Date: Oct, 16 09:00
Importance: Low
Previous: 7.91
Forecast: 7.55
Actual: -
Period: Aug

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.

7.91 7.55 -
Oct, 16 09:30
BoE Credit Conditions Survey
BoE Credit Conditions Survey
Country:
Date: Oct, 16 09:30
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: 3 quarter

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.

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