Vesak Day

Banks will be closed due to Vesak Day.

Commemoration of Ataturk, Youth and Sports Day

Banks will be closed due to Commemoration of Ataturk, Youth and Sports Day.

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.

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.

Victoria Day

Banks will be closed due to Victoria Day bank holiday.

Industrial Production (MoM)

The Industrial Production released by the Ministry of Economy, Trade and Industry measures outputs of the Japanese factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. A high reading is seen as bullish for the JPY, whereas a low reading is seen as bearish.

Capacity Utilization

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

Industrial Production (YoY)

The Industrial Production released by the Ministry of Economy, Trade and Industry measures outputs of the Japanese factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. A high reading is seen as bullish for the JPY, whereas a low reading is seen as bearish.

Producer Price Index (YoY)

The Producer Price Index released by the Statistisches Bundesamt Deutschland measures the average changes in prices in the German primary markets. 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).

Producer Price Index (MoM)

The Producer Price Index released by the Statistisches Bundesamt Deutschland measures the average changes in prices in the German primary markets. 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).

Producer Price Index (MoM)

The Producer Price Index released by the Czech Statistical Office measures the average changes in prices in primary markets of the Czech Republic 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 Koruna, whereas a low reading is seen as negative (or bearish).

Producer Price Index (YoY)

The Producer Price Index released by the Czech Statistical Office measures the average changes in prices in primary markets of the Czech Republic 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 Koruna, whereas a low reading is seen as negative (or bearish).

Unemployment rate

The unemployment rate, released by Census and Statistics Department, represents the number of unemployed people expresses as a percentage of the labour force. Unemployed people refer to the those people who have not had a job and have not performed any work for pay or profit, and have been available for work during the 7 days before enumeration.

Unemployment Rate

The Unemployment Rate released by the Statistical Office of the Slovak Republic is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Slovakian economy. If the rate is up, it indicates a lack of expansion within the Slovakian labor market. As a result, a rise leads to weakening in the economy.

Current Account n.s.a

The Current Account released by the European Central Bank is a net flow of current transactions, including goods, services, and interest payments into and out of the Euro-Zone. A current account surplus indicates that the flow of capital into the Euro-Zone exceeds the capital reduction. 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 s.a

The Current Account released by European Central Bank is a net flow of current transactions, including goods, services, and interest payments into and out of the Euro-Zone. A current account surplus indicates that the flow of capital into the Euro-Zone exceeds the capital reduction. Generally speaking, a high reading is seen as positive (or bullish) for the EUR, whereas a low reading is seen as negative (or bearish).

Consumer Confidence Index

The Consumer Confidence released by the National Bank of Belgium is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the Euro, 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.

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.

BoE's Broadbent speech

Dr Ben Broadbent joined the Monetary Policy Committee of Bank of England in 2011. He was formerly an Economic Adviser at HM Treasury, and Assistant Professor of Economics at Columbia University from 1997-2000. For the decade prior to his appointment to the MPC, Dr Broadbent was Senior European Economist at Goldman Sachs, during which time he researched and wrote widely on the UK economy and monetary policy.

Fed's Clarida speech

Richard H. Clarida began a four-year term as Vice Chairman of the Board of Governors of the Federal Reserve System on September 2018. Beyond his academic curriculum, Dr. Clarida served as the assistant secretary of the U.S. Treasury for Economic Policy from February 2002 until May 2003. In that position, he served as chief economic adviser to Treasury secretaries Paul H. O'Neill and John W. Snow. Clarida is seen as a moderate, with no particularly radical view in monetary policy.

Producer Price Index Growth (MoM)

The Producer Price Index released by the Bank of Korea measures the average changes in prices in primary markets of South Korea 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 Won, whereas a low reading is seen as negative (or bearish).

Producer Price Index Growth (YoY)

The Producer Price Index released by the Bank of Korea measures the average changes in prices in primary markets of South Korea 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 Won, whereas a low reading is seen as negative (or bearish).

Fed's Chair Powell speech

Jerome H. Powell took office as a member of the Board of Governors of the Federal Reserve System on May 25, 2012, to fill an unexpired term. On November 2, 2017, President Donald Trump nominated Powell to serve as the next Chairman of the Federal Reserve. Powell assumed office as Chair on February 5, 2018.

Navy Day

Banks will be closed due to Navy Day.

Gross Domestic Product (YoY)

Gross Domestic Product (GDP), released by Singapore Department of Statistics, measures summary value of goods and services generated in a relevant country or region. A region's Gross Domestic Product is one of the ways for measuring the size of its economy.

Gross Domestic Product (QoQ)

Gross Domestic Product (GDP), released by Singapore Department of Statistics, measures summary value of goods and services generated in a relevant country or region. A region's Gross Domestic Product is one of the ways for measuring the size of its economy.

RBA Meeting Minutes

The minutes of the Reserve Bank of Australia meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. Generally speaking, if the RBA is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the AUD.

RBA's Governor Lowe speech

Philip Lowe replaced Glenn Stevens as governor of Australia’s central bank. Lowe was the Deputy Governor of the Reserve Bank of Australia, a position he held since February 2012.

Credit Card Spending (YoY)

Credit Card Spending measures the change in the credit card spending by individuals. The indicator is released by the Reserve Bank of New Zealand monthly and it relates to consumer spending and confidence. A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD

Consumer Spending Volume

The Consumer Spending released by Statistics NL is an indicator that measures the total expenditure by individuals. The level of spending can be used as an indicator of consumer optimism. A high reading is positive (or Bullish) for the EUR, while a low reading is seen as negative (or Bearish).

Consumer Confidence Adj

The Consumer Confidence released by the Statistics NL is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

Consumer Confidence

The Consumer Confidence released by the Statistics Denmark is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the Danish Krone, while a low reading is seen as negative (or bearish).

Consumer Confidence

The Consumer Confidence released by EcoWin is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the Lira, while a low reading is seen as negative (or bearish).

Corporate Sector Wages

The Corporate Sector Wages released by the Central Statistical Office is an indicator of labor cost inflation and of the tightness of labor markets. This figure can provide insight on the Polish employment situation. A high reading is positive for the Zloty, whereas a low reading is negative.

Current Account (YoY)

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

Current Account Balance

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

CBI Industrial Trends Survey - Orders (MoM)

The CBI Industrial Trends Survey is released by the Confederation of British Industry and gives expert qualitative opinion from senior manufacturing executives, on past and expected trends in output, exports, prices, costs, investment intentions, business confidence and capacity utilization. Usually, if those opinions show a hawkish outlook in the manufacturing sector, that is seen as positive, or bullish, for the GBP.