Today's announcements and data releases, 13/3/2019
- Economic Calender
- 1 week ago
All times in GMT+7, Jakarta, Bangkok
JPY Tertiary Industry Index (MoM) (JAN
Evaluates the monthly change in output produced by Japan's service sector. Japan's economy is very export based, because this report excludes manufacturing and only measures service industries catering mainly to domestic needs, the Tertiary Industry Index is a key indicator of domestic activity. The index incorporates data from firms involved with wholesale and retail trade, financial services, health care, real estate, leisure, and utilities. The report excludes industrial manufacturing sectors that tend to be influenced by foreign demand. The tertiary industry index is posted monthly as a percentage change from the previous month's figure.
EUR Euro-Zone Industrial Production s.a. (MoM) (JAN)
Measures the volume change of output of the manufacturing and energy sector. The industrial sector contributes to only a quarter of the Euro-zone GDP. However, most variations in GDP come from the industrial sector, whereas other sectors that contribute far more to national output historically have been very consistent regardless of economic cycles. That is why tracking industrial production is very important for forecasting GDP changes. Note: The Industrial Production figure can be adjusted for the number of working days in the given time period and/or seasonally to account for weather related changes in production.
EUR Euro-Zone Industrial Production w.d.a. (YoY) (JAN)
USD MBA Mortgage Applications (MAR 08)
Gauges demand for mortgage application in the US . Tracking new home mortgages and refinances, MBA Mortgage Applications Survey serves at a current indicator for the US housing market. Growth in mortgages suggests a healthy housing market. Due to the multiplier effect housing has on the rest of the economy, rising activity suggests increased household income and economic expansion. The headline figure is the weekly percentage change in the MBA Mortgage Applications figure. Among the various indices measured in the survey, the purchase index and refinancing index most accurately reflect where the housing market is headed. The purchasing index measures the change in existing home sales in all mortgage applications, while the refinance index measures the mortgage refinancing activity in all mortgage applications.
CAD Teranet/National Bank HPI (MoM) (FEB)
CAD Teranet/National Bank HP Index (FEB)
CAD Teranet/National Bank HPI (YoY) (FEB)
USD Producer Price Index Final Demand (MoM) (FEB)
USD Producer Price Index Ex Food and Energy (MoM) (FEB)
USD PPI Ex Food, Energy, Trade (MoM) (FEB)
USD PPI Final Demand (YoY) (FEB)
USD Producer Price Index Ex Food and Energy (YoY) (FEB)
USD PPI Ex Food, Energy, Trade (YoY) (FEB)
USD Durable Goods Orders (JAN P)
The value of orders placed for relatively long lasting goods. Durable Goods are expected to last more than three years. Such products often require large investments and usually reflect optimism on the part of the buyer that their expenditure will be worthwhile.
Because orders for goods have large sway over the actual production, this figure serves as an excellent forecast of U.S. output to come. Durable Goods are typically sensitive to economic changes. When consumers become skeptical about economic conditions, sales of durable goods are one of the first to be impacted since consumers can delay purchases of durable items, like cars and televisions, only spending money on necessities in times of economic hardship. Conversely, when consumer confidence is restored, orders for durable goods rebound quickly. The data is highly volatile as well, some volatility is eliminated with the Durable Goods Orders excluding Transportation figure, making it the more closely watched indicator.
The headline figure is expressed as a percentage change from previous months
USD Durables Ex Transportation (JAN P)
USD Cap Goods Orders Nondef Ex Air (JAN P)
USD Cap Goods Ship Nondef Ex Air (JAN P)
USD Construction Spending (MoM) (JAN)
Construction spending gauges the level of construction activity in the United States . The Construction Spending report looks at both residential and non-residential construction. The construction industry makes a significant contribution to the United States GDP in the form of investment expenditure as well as stimulus of industries related to building. Furthermore, since builders are unlikely to pour money into construction projects unless they feel the economy favors their investment, changes in business sentiment like this are usually quickly seen in construction figures. However, the report has little significance for market participants because of its untimely release. By the time the report is announced other reports, such building permits and building starts have already provided similar information. The report headline is the percentage change from the previous month. Technical notes: The construction industry is a major force to the United States economy, even without including non-construction businesses that are tied to building, such as finance, the furnishing industry, appliance industry and other manufacturing. Private Construction activity can be an effective indicator of business confidence.
MXN Industrial Production NSA (YoY) (JAN)
USD DOE U.S. Crude Oil Inventories (MAR 08)
USD DOE Cushing OK Crude Inventory (MAR 08)
USD DOE U.S. Gasoline Inventories (MAR 08)
USD DOE U.S. Distillate Inventory (MAR 08)