Consumer Price Index (MoM)

The Consumer Price Index (CPI), released by Banco de la Republica Colombia, measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. A higher than expected reading should be taken as positive/bullish for the COP, while a lower than expected reading should be taken as negative/bearish for the COP.

Consumer Price Index (YoY)

The Consumer Price Index (CPI), released by Banco de la Republica Colombia, measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. A higher than expected reading should be taken as positive/bullish for the COP, while a lower than expected reading should be taken as negative/bearish for the COP.

OPEC Meeting

The mission of the Organization of the Petroleum Exporting Countries (OPEC) is to coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital for those investing in the petroleum industry. It is held in Vienna and it is attended by representatives from 13 oil-rich nations.

Dragon Boat Festival

Banks will be closed today.

Trade Balance CNY

The Trade Balance released by the General Administration of Customs of the People’s Republic of China is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the CNY. As the Chinese economy has influence on the global economy, this economic indicator would have an impact on the Forex market. In general, a high reading is seen as positive (or bullish) CNY, while a low reading is seen as negative (or bearish) for the CNY.

Exports (YoY) CNY

Exports of goods and services, released by National Bureau Statistics of China, consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents.

Imports (YoY) CNY

Imports of goods and services, released by National Bureau Statistics of China, consist of transactions in goods and services (sales, barter, gifts or grants) from non-residents to residents.

Trade Balance USD

The Trade Balance released by the General Administration of Customs of the People’s Republic of China is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the CNY. As the Chinese economy has influence on the global economy, this economic indicator would have an impact on the Forex market. In general, a high reading is seen as positive (or bullish) CNY, while a low reading is seen as negative (or bearish) for the CNY.

Exports (YoY)

Exports of goods and services, released by National Bureau Statistics of China, consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents.

Imports (YoY)

Imports of goods and services, released by National Bureau Statistics of China, consist of transactions in goods and services (sales, barter, gifts or grants) from non-residents to residents.

Foreign Exchange Reserves (MoM)

The Foreign Exchange Reserves report, released by the State Administration of Foreign Exchange, presents the total amount of foreign currency held by a government. It measures foreign currency assets national monetary authorities hold and can be readily convertible. Narrowly speaking, foreign exchange reserves are an important part of a country’s economic strength, the accumulated foreign currency can be used by a country to balance international trade, keep exchange rate stable and repay external debt. Broadly speaking, the foreign exchange reserves refers to foreign currency denominated assets, including cash, foreign bank deposits, foreign securities, etc. A high reading is seen as positive (or bullish) for the CNY, while a low reading is seen as negative (or Bearish) for the CNY.

Queen's Birthday

Banks will be closed due to Queen's Birthday holiday.

Bank Lending (YoY)

Bank lending, released by Bank of Japan, is the value of all outstanding loans with Japanese banks. It is important because lending increases with increased business confidence and investment. It is particularly insightful for the Japanese economy because of the weakness that has plagued the Japanese banking sector. The headline number is for total loans and discounts and is a percentage change from the previous year.

Trade Balance - BOP Basis

The Trade Balance released by the Customs Office is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Japan is so much dependant on exports that the Japanese economy heavily relies on a trade surplus. If a steady demand in exchange for Japanese exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the JPY.

Gross Domestic Product Deflator (YoY)

The GDP Deflator released by the Cabinet Office measures the change in prices of final goods and services. It is considered as a key indicator for inflationary pressures, that provides insight into the future direction of monetary policy. A high reading or a better than expected number is seen as positive (or bullish) for the JPY, while a low reading is seen negative (or bearish).

Gross Domestic Product Annualized

The Gross Domestic Product released by the Cabinet Office shows the monetary value of all the goods, services and structures produced in Japan within a given period of time. GDP is a gross measure of market activity because it indicates the pace at which the Japanese economy is growing or decreasing. A high reading or a better than expected number is seen as positive for the JPY, while a low reading is negative.

Current Account n.s.a.

The Current Account released by the Ministry of Finance is a net flow of current transactions, including goods, services, and interest payments into and out of Japan. A current account surplus indicates that the flow of capital into Japan exceeds the capital reduction. A current account deficit indicates that there is a net capital outflow from these sources. A high reading is seen as positive for the JPY, while a low reading is seen as negative.

Gross Domestic Product (QoQ)

The Gross Domestic Product released by the Cabinet Office shows the monetary value of all the goods, services and structures produced in Japan within a given period of time. GDP is a gross measure of market activity because it indicates the pace at which the Japanese economy is growing or decreasing. A high reading or a better than expected number is seen as positive for the JPY, while a low reading is negative.

Eco Watchers Survey: Outlook

The Eco Watchers Survey released by the Cabinet Office closely watches region-by-region economic trends. The survey is considered as basic material for assessing short-term economic trends in Japan. A high reading is seen as positive (or bullish) for the JPY, whereas a low reading is seen as negative (or negative).

Eco Watchers Survey: Current

The Eco Watchers Survey released by the Cabinet Office closely watches region-by-region economic trends. The survey is considered as basic material for assessing short-term economic trends in Japan. A high reading is seen as positive (or bullish) for the JPY, whereas a low reading is seen as negative (or negative).