Date
GMT+00:00
Event Previous Forecast Actual
Jan, 29 13:30
★★★
Unemployment Claims
Unemployment Claims
Country:
Date: Jan, 29 13:30
Importance: High
Previous: 200K
Forecast: 202K
Actual: -
Period: Jan

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

200K 202K -
Jan, 29 13:30
★★
Continuing Claims
Continuing Claims
Country:
Date: Jan, 29 13:30
Importance: Medium
Previous: 1849K
Forecast: -
Actual: -
Period: Jan

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.

1849K - -
Jan, 29 13:30
Trade Balance
Trade Balance
Country:
Date: Jan, 29 13:30
Importance: Low
Previous: -29.4
Forecast: -44.5
Actual: -
Period: Nov

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.

-29.4 -44.5 -
Jan, 29 13:30
Non-Farm Productivity
Non-Farm Productivity
Country:
Date: Jan, 29 13:30
Importance: Low
Previous: 4.9%
Forecast: 4.9%
Actual: -
Period: 3 quarter

Measures the output produced for each hour of labor worked. Non-farm Productivity is considered the most accurate gauge of overall business health, given farming data's small and volatile contribution to GDP. To businesses, higher productivity indicates efficient use of employees and capital. Given that labor costs make up more than two-thirds of the average businesses expenses, high productivity can allow a firm to fulfill consumer demand with less labor costs, boosting profitability. Thus trends in this report can precede investment spending and business growth. Also if prices for raw materials increase, improved productivity can save a firm from passing higher costs to the end consumer. Given such business effects, healthy productivity growth bodes well for the economy as a whole, signalling increased production capability and business growth.

Productivity is reported as output per hour per worker, categorized into industry figures.

On a Technical Note: The Non-Farm Productivity number is generated by comparing the number of hours worked (Employment Situation report) to Gross Domestic Product data.

4.9% 4.9% -
Jan, 29 13:30
Labor Cost
Labor Cost
Country:
Date: Jan, 29 13:30
Importance: Low
Previous: -1.9%
Forecast: -1.9%
Actual: -
Period: 3 quarter

The indicator reflects the quarterly changes in salaries and other income received by working population.

-1.9% -1.9% -