Saint Joseph

Banks will be closed due to Saint Joseph bank holiday.

Independence Day

Banks will be closed due to Independence Day.

Fed's Evans speech

Charles L. Evans is the ninth president and chief executive officer of the Federal Reserve Bank of Chicago. In that capacity, he serves on the Federal Open Market Committee (FOMC), the Federal Reserve System's monetary policy-making body.

All Industry Activity Index (MoM)

The All Industry Activity Index released by the Ministry of Economy, Trade and Industry captures the monthly change in overall production by all industries of the Japanese economy. The index indicates the Japanese GDP and the overall growth figures, providing insight into current levels of Japanese economic expansion. Normally, a high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish).

Consumer Price Index (YoY)

The Consumers Price Index (CPI), released by Statistics Singapore, measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. Consumer Price Index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

Fed's Evans speech

Charles L. Evans is the ninth president and chief executive officer of the Federal Reserve Bank of Chicago. In that capacity, he serves on the Federal Open Market Committee (FOMC), the Federal Reserve System's monetary policy-making body.

BoJ's Harada speech

BoJ board member Yutaka Harada was born in 1950 in Tokyo. He graduated in Economics in 1979 from the University of Hawaii. He serves as Bank of Japan board member since March 2015 and his 5-year term will end in 2020.

Import Prices (YoY)

The Import Price Index released by Statistics Finland informs the changes in the price of imported products into the Finland. The higher the cost of imported goods, the stronger the effect they will have on inflation, making a higher probability of a rate rise. Therefore, a high reading should be taken as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

Export Prices (YoY)

The Export Price Index released by Statistics Finland informs of the changes in the price of Finnish export goods and services. A rise in prices is a threat over the mid-term as higher prices mean lower demands to be expected.

Producer Price Index (YoY)

The Producer Price Index released by the Statistics Finland measures the average changes in prices in primary markets of Finland by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. Generally speaking, a high reading is seen as positive (or bullish) for the EUR, whereas a low reading is seen as negative (or bearish).

Current Account Balance (QoQ)

The current account, released by National Bank of Hungary is a net flow of current transactions, including goods, services and interest payments into and out of Hungary. A current account surplus indicates that the flow of capital into Hungary exceeds the capital reduction. A high reading is seen as positive (or bullish) for the Forint, whereas a low reading is seen as negative (or bearish).

Industrial Production (YoY)

The Industrial Production released by Statistics Austria shows the volume of production of Austrian industries such as factories and manufacturing. An uptrend is regarded as inflationary which may anticipate interest rates to rise. If high industrial production growth comes out, this may generate a positive sentiment (or bullish) for the Euro.

Foreign Debt

The Foreign Debt is published by the Czech National Bank and represents the total debt a country's government, corporations or private households owe to foreign creditors. The money might be owed to commercial banks, other governments or international financial institutions. Generally, a low reading is seen as positive (or bullish), in turn, a high reading is seen as negative (or bearish) for the Czech Koruna.

Unemployment (MoM)

The Unemployment Rate released by the Central Statistical Office is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Polish economy. If the rate is up, it indicates a lack of expansion within the Polish labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Polish Zloty, while an increase is seen as negative (or bearish).

IFO - Expectations

The IFO Expectations released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations for the next six months, where firms rate the future outlook as better, same, or worse. An optimistic view of those 7,000 business leaders and senior managers is considered as positive, or bullish for the EUR, whereas a pessimistic view is considered as negative, or bearish.
Review Alex Nekritin's Article - Trading Euro with IFO Report

IFO - Business Climate

This German business sentiment index released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish).

IFO - Current Assessment

The IFO Current Assessment released by the CESifo Group is closely watched as an indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish).
Review Alex Nekritin's Article - Trading Euro with IFO Report

Fed's Harker speech

Patrick T. Harker took office on July 1, 2015, as the eleventh president and chief executive officer of the Third District Federal Reserve Bank, at Philadelphia. In 2016, he serves as an alternate voting member of the Federal Open Market Committee.

Manufacturing Confidence

The Manufacturing Confidence released by the Central Bank of Turkey shows the opinion of manufacturing executives regarding production expectations, order books and finished goods inventories. A high reading is seen as positive (or bullish) for the Lira, while a low reading is seen as negative (or bearish).

Capacity Utilization

The Capacity Utilization released by TurkStat is the percentage of the Turkish production capacity which is actually used over the short-time period. It is indicative of overall growth and demand in the Turkish economy. A high capacity utilization stimulates inflationary pressures. Generally speaking, a high reading is seen as positive (or bullish) for the Lira, while a low reading is seen as negative (or Bearish).

Capacity Utilization

The Capacity Utilization released by TurkStat is the percentage of the Turkish production capacity which is actually used over the short-time period. It is indicative of overall growth and demand in the Turkish economy. A high capacity utilization stimulates inflationary pressures. Generally speaking, a high reading is seen as positive (or bullish) for the Lira, while a low reading is seen as negative (or Bearish).

Chicago Fed National Activity Index

The Chicago Fed National Activity Index (CFNAI), released by Federal Reserve Bank of Chicago, is a monthly index designed to gauge overall economic activity and related inflationary pressure.

Current Account

The current account, released by Banco Central do Brasil is a net flow of current transactions, including goods, services and interest payments into and out of Brazil. A current account surplus indicates that the flow of capital into Brazil exceeds the capital reduction. A high reading is seen as positive (or bullish) for the BRL, whereas a low reading is seen as negative (or bearish).

Leading Indicator

The Leading Indicators released by the National Bank of Belgium measures future trends of the overall economic activity including industrial confidence, orders inflow/demand, tendency in manufacturing, and more. It is considered as a measure for economic stability in Belgium. This event generates some volatility for the Euro. Normally, a high reading is seen as positive (or bullish).

Dallas Fed Manufacturing Business Index

The Dallas Fed conducts the Texas Manufacturing Outlook Survey monthly to obtain a timely assessment of the state's factory activity. Firms are asked by Federal Reserve Bank of Dallas whether output, employment, orders, prices and other indicators increased, decreased or remained unchanged over the previous month. Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase.

3-Month Bill Auction

Displayed in the calendar is the average yield on the bills auctioned by US Department of Treasury. Treasury bills are short-term securities maturing in one year or less. The yield on the bills represents the return an investor will receive by holding the bond until maturity. Investors monitor the yield volatility and compare the average rate at auction to the rate at previous auctions of the same security as an indicator of the government debt situation.

6-Month Bill Auction

Displayed in the calendar is the average yield on the bills auctioned by US Department of Treasury. Treasury bills are short-term securities maturing in one year or less. The yield on the bills represents the return an investor will receive by holding the bond until maturity. Investors monitor the yield volatility and compare the average rate at auction to the rate at previous auctions of the same security as an indicator of the government debt situation.

RBA's Ellis speech

Luci Ellis is the Assistant Governor (Economic) at the Reserve Bank of Australia, a position she has held since December 2016. She is responsible for the Bank's Economic Analysis and Economic Research departments and is the chief economic advisor to the Governor and the Board. Prior to holding this role, Ellis was Head of Financial Stability Department for eight years. She has also served as a Deputy Head of Economic Analysis Department and spent almost two years on secondment at the Bank for International Settlements.

Trade Balance (MoM)

The Trade Balance released by the Statistics New Zealand 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. Any variation in the figures influences the domestic economy. If a steady demand in exchange for exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the NZD.
Review Alex Nekritin's Article - Trading New Zealand Dollar with New Zealand Trade Balance

Imports

Imports of goods and services, released by Statistics New Zealand, consist of transactions in goods and services (purchases, barter, gifts or grants) from non-residents to residents.

Trade Balance (YoY)

Trade balance, released by Statistics New Zealand, is the difference between the value of country's exports and imports, over a period of year. A positive balance means that exports exceed imports, a negative ones means the opposite. Positive trade balance illustrates high competitiveness of country's economy.

Exports

Exports of goods and services, released by Statistics New Zealand, consist of transactions in goods and services (purchases, barter, gifts or grants) from residents to non-residents.

BoJ Summary of Opinions

This report includes the BOJ's projection for inflation and economic growth. It is scheduled 8 times per year, about 10 days after the Monetary Policy Statement is released.

Corporate Service Price (YoY)

The Corporate Service Price Index (CSPI) released by the Bank of Japan measures the prices of services traded among companies. It presents price developments that reflect most sensitively the supply and demand conditions in the services market. It is also considered as an indicator for inflationary pressures. Normally, a high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish).

Fed's Rosengren speech

Eric Rosengren has been President and CEO of the Federal Reserve Bank of Boston since July 2007. Previously he headed the Bank’s supervision, regulation, and credit group, and was active in domestic and international regulatory policy.

Industrial Production (MoM)

Industry is a basic category of business activity. For statistical purposes, industries are categorized following a uniform classification code such as Standard Industrial Classification (SIC). Changes in the volume of the physical output of the nation's factories, mines and utilities are measured by the index of the industrial production, released by Singapore Department of Statistics. Rising industrial production figures signify increasing economic growth and can positively influence the sentiment towards local currency.

Industrial Production (YoY)

Industry is a basic category of business activity. For statistical purposes, industries are categorized following a uniform classification code such as Standard Industrial Classification (SIC). Changes in the volume of the physical output of the nation's factories, mines and utilities are measured by the index of the industrial production, released by Singapore Department of Statistics. Rising industrial production figures signify increasing economic growth and can positively influence the sentiment towards local currency.

Gross Domestic Product s.a (QoQ)

The Gross Domestic Product released by the Statistics NL is a measure of the total value of all goods and services produced by the Netherlands. The GDP is considered as a broad measure of Dutch economic activity and health. Generally speaking, a high reading is seen as positive (or bullish) for the EUR, while a falling trend is seen as negative (or bearish).

Gross Domestic Product n.s.a (YoY)

The Gross Domestic Product released by the Statistics NL is a measure of the total value of all goods and services produced by the Netherlands. The GDP is considered as a broad measure of Dutch economic activity and health. Generally speaking, a high reading is seen as positive (or bullish) for the EUR, while a falling trend is seen as negative (or bearish).

Retail Sales (YoY)

The Retail Sales released by the Statistics Denmark is a measure of changes in sales of the Danish retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales. The changes are widely followed as an indicator of consumer spending. A high reading is seen as positive (or bullish) for the Danish Krone, while a low reading is seen as negative (or Bearish).