Date
GMT+01:00
Event Previous Forecast Actual
Aug, 06 15:00
Wholesale Inventories
Wholesale Inventories
Country:
Date: Aug, 06 15:00
Importance: Low
Previous: 0.3%
Forecast: 0.3%
Actual: -
Period: Jun

The stock of unsold goods held by wholesalers. Wholesalers act as intermediaries between manufacturers or importers, and retailers. Wholesalers sell directly to retailers, who strive to act in accordance (ideally) with consumer demand. Consequently, high Wholesale Inventories indicate that unsold goods are piling up, suggesting that retailers are facing lagging consumer demand and unwilling to purchase goods. Conversely, declining Wholesale Inventories suggest retailers are buying more goods to meet strong or rising demand. Because Wholesale Inventories reflect the demand retailers have for their manufacturers' wares, the report offers an early indication of the potential strength of consumer spending.

Wholesale Inventories are reported in headlines as a percent change from the previous month.

0.3% 0.3% -
Aug, 06 15:30
EIA Natural Gas Storage Change
EIA Natural Gas Storage Change
Country:
Date: Aug, 06 15:30
Importance: Low
Previous: 28
Forecast: -
Actual: -
Period: Aug

Weekly report about natural gas storage change in the USA.

28 - -
Aug, 07 06:00
Leading Indicators
Leading Indicators
Country:
Date: Aug, 07 06:00
Importance: Low
Previous: 116.5
Forecast: 116.5
Actual: -
Period: Jun
This index is designed to predict the direction of the economy, but it tends to have a muted impact because most of the indicators used in the calculation are released previously. There's a revised version of this indicator released about 10 days later, but it's not included for lack of significance. Source changed series from a diffusion index to a composite index as of Jun 2008. Combined reading of 11 economic indicators related to employment, production, new orders, consumer confidence, housing, stock prices, money supply, and interest rate spreads.
116.5 116.5 -
Aug, 07 07:00
Industrial Production
Industrial Production
Country:
Date: Aug, 07 07:00
Importance: Low
Previous: 0.9%; 0.1%
Forecast: 0.0%
Actual: -
Period: Jun

Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Germany. Industrial production is significant as a short-term indicator of the strength of German industrial activity. High or rising Industrial Production figures suggest increased production and economic expansion, healthy for the Euro. However, uncontrolled levels of production and consumption can spark inflation.

The report is only a preliminary estimate figure that does not move the markets much. The figure is released in headlines as a monthly percent change.

0.9%; 0.1% 0.0% -
Aug, 07 07:00
Trade Balance
Trade Balance
Country:
Date: Aug, 07 07:00
Importance: Low
Previous: 19.1bln; 15.6bln
Forecast: 17.0
Actual: -
Period: Jun

The difference between the value of exports and imports in Germany. Trade Balance is one of the biggest components of Germany 's Balance of Payment. As Germany is Europe's largest economy and given Germany's export oriented economy, trade data can give critical insight into pressures on the value of the Euro.

In order to gauge the effect of German Trade Balance on the Euro, German trade is separated into intra-Eurozone trades and extra-Eurozone trades. Intra-trades between Germany and Eurozone countries have no affect on the overall valuation of Euro. Extra-trades between Germany and other countries outside of Eurozone do impact the overall Eurozone trade balance. Given Germany's large share of Eurozone exports, the figure tends to move the market upon release.

Trade surpluses reflect funds coming into Germany in exchange for goods and services. Such currency inflows may lead to a natural appreciation of a Euro, unless countered by similar capital outflows. At a bare minimum, surpluses will boost up the value of the currency.

The headline figure for trade balance is expressed in billions of Euros.

19.1bln; 15.6bln 17.0 -