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Today's announcements and data releases, 11/2/2019

  • Regular
  • Economic Calender
  • 2 months ago
  • 45

All times in GMT+7, Jakarta, Bangkok

 

 

14:30

CHF Consumer Price Index (MoM) (JAN)

It is the key gauge for inflation in Switzerland . Simply put, inflation reflects a decline in the purchasing power of the Franc, where each Franc buys fewer goods and services. The CPI calculates the change in the price of a predetermined basket of consumer goods and services. This basket represents the goods and services that an average household will purchase. The figure is compared to those of the previous month as well as the previous year in order to gauge changes to the costs of living on a month to month and year to year basis. The headline number is the percentage change either from the previous month's value or the previous year's value. As the key indicator of inflation, a rising CPI may prompt the Swiss National Bank to raise interest rates in attempt to manage inflation and slow economic growth. Higher interest rates make holding the Franc more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Franc.

 

14:30

CHF Consumer Price Index (YoY) (JAN)

 

14:30

CHF CPI EU Harmonized (MoM) (JAN)

 

14:30

CHF CPI EU Harmonized (YoY) (JAN)

 

14:30

CHF Consumer Price Index Core (YoY) (JAN)

 

15:00

EUR ECB Vice President Luis de Guindos Speaks in Madrid

 

16:00

CHF Total Sight Deposits CHF (FEB 08)

 

16:00

CHF Domestic Sight Deposits CHF (FEB 08)

 

16:30

GBP Gross Domestic Product (MoM) (DEC)

 

16:30

GBP Gross Domestic Product (QoQ) (4Q P)

An indicator for broad overall growth in the United Kingdom. Robust UK GDP growth signals a heightened level of economic activity, and therefore a high demand for currency. Economic expansion also raises concerns about inflationary pressure, which generally prompts monetary authorities to increase interest rates. This means that positive GDP readings are generally bullish for a given currency, while negative readings are bearish. Due to the untimeliness of this report and because data on GDP components are available beforehand, the actual GDP figure is usually well anticipated. But given its overall significance GDP has the tendency to move the market upon release, acting to confirm or upset economic expectations. Robust GDP growth signals a heightened level of activity that is generally associated with a healthy economy. However economic expansion also raises concerns about inflationary pressures which may lead to monetary policy tightening. The headline figure for UK GDP is an annualized percentage growth rate.

 

16:30

GBP Gross Domestic Product (YoY) (4Q P)

 

16:30

GBP Private Consumption (4Q P)

 

16:30

GBP Government Spending (4Q P)

 

16:30

GBP Government Spending (4Q P)

 

16:30

GBP Gross Fixed Capital Formation (4Q P)

 

16:30

GBP Exports (QoQ) (4Q P)

 

16:30

GBP Imports (QoQ) (4Q P)

 

16:30

GBP Total Business Investment (QoQ) (4Q P)

The change in capital expenditures made by private firms. Businesses only invest when they are optimistic about future economic growth and expect a profitable return on their investments. Because of this, increased capital expenditures usually reflect a higher level of consumer demand that induces companies to expand their productive capacity. Current Business Investment usually allow for higher GDP in the future. For these reasons Business Investment may lead economic growth. The headline number is the percentage change in investment from the previous quarter.

 

16:30

GBP Total Business Investment (YoY) (4Q P)

 

16:30

GBP Visible Trade Balance (Pounds) (DEC)

The difference between imports and exports of goods. Visible Trade differentiates itself from Trade Balance because it does not record intangibles like services, only reporting on physical goods. Because Britain's economy is highly trade driven, Visible Trade data can give critical insight into developments in the economy and into foreign exchange rates. Negative Visible Trade (deficit) indicates that imports of goods are greater than exports. When exports are greater than imports, the UK experiences a trade surplus. Trade surpluses indicate that funds are coming into the UK in exchange for exported goods. Because such exported goods are usually purchased with Pounds, trade surpluses usually reflect currency flowing into Britain, such currency inflows may lead to a natural appreciation of Pound Sterling, unless countered by similar capital outflows. At a bare minimum, surpluses will buoy the value of the currency. There are a number of factors that work to diminish the market impact of UK Visible Trade on markets. The report is not very timely, released monthly about forty days after the reporting period. Developments in many of the components that comprise the figure are also usually well anticipated. Lastly, since the report reflect data for a specific reporting month, any significant changes in Visible Trade should plausibly have been already felt during that quarter and not during the release of data. But because of the overall significance of Trade on Foreign Exchange Rates, the figure has a history of being one of the more important reports out of the UK. The headline figure is expressed as the value of the merchandise trade surplus or deficit in billions of Pounds.

 

16:30

GBP Trade Balance Non EU GBP/Mn (DEC)

 

16:30

GBP Trade Balance (DEC)

 

16:30

GBP Industrial Production (MoM) (DEC)

A measure of the manufacturing output of the energy sector, factories, and mines. Industrial production is significant as a short term indicator of the strength of UK industrial activity. Industry accounts for about a quarter of overall GDP. Because industrial production accounts for most of the volatility in GDP, foreknowledge of trends in manufacturing go a long way in forecasting UK output. High or rising Industrial Production figures suggest increased production and economic expansion, healthy for the Pound. However, uncontrolled levels of production and consumption can spark inflation. In times of inflation the Bank of England may raise interest rates to control growth.

 

16:30

GBP Industrial Production (YoY) (DEC)

 

16:30

GBP Manufacturing Production (MoM) (DEC)

 

16:30

GBP Manufacturing Production (YoY) (DEC)

 

16:30

GBP Construction Output SA (MoM) (DEC)

 

16:30

GBP Construction Output SA (YoY) (DEC)

 

16:30

GBP Index of Services (MoM) (DEC)

 

16:30

GBP Index of Services (3Mo3M) (DEC)

 

20:30

USD Revisions: Consumer Price Index 

 

21:00

MXN Industrial Production NSA (YoY) (DEC)

 

23:15

USD Fed's Bowman Speaks on Community Banking

 

23:30

USD U.S. to Sell USD45 Bln 3-Month Bills

 

23:30

USD U.S. to Sell USD39 Bln 6-Month Bills