Maundy Thursday

Banks will be closed due to Maundy Thursday.

BoJ's Governor Kuroda speech

Bank of Japan Governor Haruhiko Kuroda will hold a press conference about monetary policies in Tokyo. Mr Kuroda exercises general control over the Bank's business. He is in charge of the Internal Auditors' Office.

BoK Interest Rate Decision

The BoK Interest Rate Decision is announced by the Bank of Korea. If the bank is hawkish about the inflationary outlook of the economy and rises the interest rates, it is seen as positive, or bullish, for the KRW, while a dovish outlook for the economy (or a rate cut) is seen as negative, or bearish, for the currency.

Financial Stability Review

The Financial Stability Review, realeased by Reserve Bank of Australia, provides the Bank's assessment of the current condition of the financial system and potential risks to financial stability. It contains a number of boxes on topics of special interest, along with occasional articles. The Review is issued half-yearly.

Manufacturing Output (MoM)

The Manufacturing Output released by the Statistics NL is significant as a short term indicator of the strength of Dutch manufacturing activity that dominates a large part of total GDP. A high reading is seen as positive (or bullish ) for the EUR, while a low reading is seen as negative (or bearish).

Maundy Thursday

Banks will be closed due to Maundy Thursday.

Industrial Output (MoM)

The Industry Output released by Statistics Finland measures outputs of the Finish factories. Changes in industrial output are widely followed as a major indicator of strength in the manufacturing sector. A high reading is seen as positive (or bullish) for the EUR, whereas a low reading is seen as negative (or bearish).

Trade Balance

The Trade Balance released by the National Institute of Statistics 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 RON. If a steady demand in exchange for Romanian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the RON.

Index of Services (3M/3M)

The Index of Services released by the National Statistics measures the monthly movements in gross value added for the service industries. It is worth noting that the UK service sector does not influence, either positively or negatively, the GDP as much as the Manufacturing sector does. Traders want the highest possible reading as that will be taken as positive for the GBP, while a low reading is negative.

Total Trade Balance

The trade balance released by the National Statistics is a balance between exports and imports of goods A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the GBP. If a steady demand in exchange for UK exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the GBP.

Goods Trade Balance

The trade balance released by the National Statistics is a balance between exports and imports of goods A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the GBP. If a steady demand in exchange for UK exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the GBP.

Trade Balance; non-EU

The Trade Balance released by National Statistics 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 GBP. If a steady demand in exchange for UK exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the GBP.

Gross Domestic Product (MoM)

The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).

Industrial Production (YoY)

The Industrial Production released by the National Statistics measures outputs of the UK 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 positive (or bullish) for the GBP, whereas a low reading is seen as bearish.

Manufacturing Production (MoM)

The Manufacturing Production released by the National Statistics measures the manufacturing output. Manufacturing Production is significant as a short term indicator of the strength of UK manufacturing activity that dominates a large part of total GDP. A high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish).

Industrial Production (MoM)

The Industrial Production released by the National Statistics measures outputs of the UK 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 positive (or bullish) for the GBP, whereas a low reading is seen as bearish.

Manufacturing Production (YoY)

The Manufacturing Production released by the National Statistics measures the manufacturing output. Manufacturing Production is significant as a short term indicator of the strength of UK manufacturing activity that dominates a large part of total GDP. A high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish).

Exports (MoM)

Exports of goods and services, released by Statistiches Bundesamt Deutschland, consist of transactions of goods ans services (sales, barter, gifts or grants) from residents to non-residents.

Current Account n.s.a.

The Current Account released by the Statistiches Bundesamt Deutschland is a net flow of current transactions, including goods, services, and interest payments into and out of Germany. A current account surplus indicates that the flow of capital into Germany 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 (or Bullish) for the EUR, whereas a low reading is seen as negative (or Bearish).

Imports (MoM)

Imports of goods and services, released by Statistiches Bundesamt Deutschland, consist of transactions in goods and services (purchases, barters, gifts or grants) from non-residents to residents.

Foreign Trade Balance

The Trade Balance released by the Statistical Office of the Slovak Republic 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. Positive trade balance illustrates high competitiveness of country's economy.

Industrial Output (YoY)

The Industrial Output released by the Statistical Office of the Slovak Republic shows the volume of production of Slovakian industries such as factories and manufacturing. Uptrend is regarded as inflationary which may anticipate interest rates to rise.

Trade Balance s.a.

The Trade Balance released by the Statistisches Bundesamt Deutschland is a balance between exports and imports of total goods and services. A positive value shows a trade surplus, while a negative value shows a trade deficit. It is an event that generates some volatility for the EUR. If a steady demand in exchange for German exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the EUR.
Review Alex Nekritin's Article - Trading the Euro with Germany Trade Balance

Trade Balance

The Trade Balance released by Statistics Austria 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. If a steady demand for Austrian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the Euro.

Industrial Output w.d.a (YoY)

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

Industrial Output s.a. (MoM)

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

Unemployment Rate (MoM)

The Unemployment Rate released by the National Statistics Service is the number of unemployed workers compared to all the active workers in the economy. If the number rises, it indicates a lack of expansion within the Greek labor market and thus a weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Euro, while an increase is seen as negative (or bearish).

Industrial Production (YoY)

The Industrial Production released by the National Statistics Service shows the volume of production of Greek 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.

HICP (YoY)

The HICP released by Central Statistical Office is a measure of price movements harmonized across EU similar to the national consumer price indices (CPI). Generally, a high reading is seen as positive (or bullish) for the Euro, while a low reading is seen as negative (or bearish).

HICP (MoM)

The HICP released by Central Statistical Office is a measure of price movements harmonized across EU similar to the national consumer price indices (CPI). Generally, a high reading is seen as positive (or bullish) for the Euro, while a low reading is seen as negative (or bearish).

Consumer Price Index (MoM)

The Consumer Price Index released by Central Statistical Office is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of the Euro is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the Euro, while a low reading is seen as negative (or bearish).

Consumer Price Index (YoY)

The Consumer Price Index released by Central Statistical Office is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of the Euro is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the Euro, while a low reading is seen as negative (or bearish).

Global Trade Balance

The Trade Balance released by Statistics Portugal 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. If a steady demand in exchange for Portuguese exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the EUR.

NIESR GDP Estimate (3M)

The GDP Estimate released by the National Institute of Economic and Social Research is an estimate of growth over the last 3 months up to the report which comes out a month before the official announcement. The report is highly reliable and would influence the UK monetary policy. A high reading is seen as positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).

Manufacturing Production Index (YoY)

The Manufacturing Production Index released by the Statistics South Africa Head Office measures the manufacturing output in South Africa. The percentege changes in the Manufacturing Production Index captures the rate of variation in output.  A high reading is seen as positive (or bullish) for the Rand, while a low reading is seen as negative (or bearish).

ECB Monetary Policy Meeting Accounts

ECB Monetary Policy Meeting Accounts contain an overview of financial market, economic and monetary developments. It's followed by a summary of the discussion, in an unattributed form, on the economic and monetary analyses and on the monetary policy stance. The accounts offer a fair and balanced reflection of policy deliberations. The aim is to provide the rationale behind monetary policy decisions and enable members of the public to improve their understanding of the Governing Council’s assessment of the economy and its policy responses in the light of evolving conditions.

Good Friday

Banks will be clesd due Good Friday.

IPCA Inflation

The IPCA inflation released by the Instituto Brasileiro de Geografia e Estatistica is a measure of price movements by the comparison between the retail prices from consumption of families with a purchasing power of up to forty minimum wages. The purchase power of the BRL is dragged down by inflation. The IPCA is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the BRL, while a low reading is seen as negative (or Bearish).

Industrial Output

The Industrial Output released by Ministry of Statistics and Programme Implementation measures outputs of Indian factories. Changes in industrial output are widely followed as a major indicator of strength in the manufacturing sector. A high reading is seen as positive (or bullish) for the Rupee, whereas a low reading is seen as negative (or bearish).

Manufacturing Output

The Manufacturing Output released by the Ministry of Statistics and Programme Implementation is significant as a short term indicator of the strength of Indian manufacturing activity that dominates a large part of total GDP. A high reading is seen as positive (or bullish ) for the Rupee, while a low reading is seen as negative (or bearish ).