img-news

Today's announcements and data releases, 16/1/2019

  • Regular
  • Economic Calender
  • 3 months ago
  • 77

All times in GMT+7, Jakarta, Bangkok

 

11:30

JPY Tertiary Industry Index (MoM) (NOV)

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.

 

14:00

EUR German Consumer Price Index (MoM) (DEC F)

Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures. Simply put, inflation reflects a decline in the purchasing power of the Euro in Germany , where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical German household might purchase. An increase in the index indicates that it takes more Euros to purchase this same set of basic consumer items. The German CPI is significant as one of the primary gauges of inflation. As the largest Euro-zone economy, inflation in Germany will contribute significantly to inflation in the Euro-zone and the behavior of the European Central Bank. High or rising inflation acts as a signal to the ECB to raise interest rates, an action which will result in the strengthening of the Euro. The headline figure for CPI is the percentage change in monthly and annualized percentage term.

 

14:00

EUR German Consumer Price Index (YoY) (DEC F)

 

14:00

EUR EU 25 New Car Registrations (DEC)

Tracks the number of cars registered for the first time in the Euro Zone. Consumption of expensive items such as automobiles is a large part of EU GDP, thus sales of new motor vehicles and other "big-ticket" items reflect consumers' optimism and propensity to spend. In addition to clues on consumer sentiment, the Euro-zone economy directly benefits from large outlays. Manufacturing, finance and retail all directly gain from higher auto sales. The headlines are the monthly and annual percentage change in the new car registration index.

 

16:15

GBP BOE Governor Carney Testifies on Financial Stability Report 

 

16:30

GBP Consumer Price Index Including Housing Costs (YoY) (DEC)

 

16:30

GBP Consumer Price Index (MoM) (DEC)

Measures the change in prices for retail goods and services, including food and gas. The CPI is the key measure of inflation for the UK and is used by the Bank of England in making interest rate decisions. The report tracks changes in the price of a basket of goods and services that a typical British household might purchase. An increase in the index indicates that it takes more Sterling to purchase this same set of basic consumer items.

 

16:30

GBP Consumer Price Index (YoY) (DEC)

 

16:30

GBP Core Consumer Price Index (YoY) (DEC)

 

16:30

GBP Retail Price Index (DEC)

Retail Price Index measures changes in the prices of goods and services bought for household consumption in the UK. The RPI takes a large sample of retail goods including food, tobacco, household goods and services, transport fares, motoring costs, clothing, and leisure goods and services. An increase in the index means that prices have increased on average (inflation) while a decrease means that prices on the whole have fallen (deflation). Since early 1996 the UK has also tracked a similar CPI figure. Due to differences in how the figures are calculated, (RPI includes some housing and tax figures, excludes the top 4% of income earners, among other characteristics), PRI will tend to over state price changes compared to CPI. Generally though RPI and CPI give the same picture of inflation. Since late 2003 the UK government has preferred to set inflation targets on CPI instead of the Retail Price Index, decreasing RPI's impact on the market. The headline figure is the percentage change in the index from the previous quarter and previous year. RPI data is also used for indexation of state benefits and pensions.

 

16:30

GBP Retail Price Index (MoM) (DEC)

 

16:30

GBP Retail Price Index (YoY) (DEC)

 

16:30

GBP Retail Price Index Ex Mort Int.Payments (YoY) (DEC)

 

16:30

GBP Producer Price Index Input n.s.a. (MoM) (DEC)

A monthly survey that measures change in input prices as incurred by UK manufacturers. Input prices include the cost of materials used plus operation costs of running the business. The index can be used as a measure of inflation, given that higher input costs will likely be passed on from producers to consumers in the form of higher retail prices. Th e figure is also calculated as Core Input PPI, which excludes volatile inputs such as food and energy that may distort the data. As such, the core figure is a more appropriate measure of inflation. The headline is the percentage change in the Producer Price Index (Input) from the previous quarter and previous year.

 

16:30

GBP Producer Price Index Input n.s.a. (YoY) (DEC)

 

16:30

GBP Producer Price Index Output n.s.a. (MoM) (DEC)

 

16:30

GBP Producer Price Index Output n.s.a. (YoY) (DEC)

 

16:30

GBP Producer Price Index Output Core n.s.a. (MoM) (DEC)

 

16:30

GBP Producer Price Index Output Core n.s.a. (YoY) (DEC)

 

16:30

GBP House Price Index (YoY) (NOV)

 

19:00

USD MBA Mortgage Applications (JAN 11)

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.

 

20:30

USD Retail Sales Ex Auto (MoM) (DEC)

 

20:30

USD Retail Sales Ex Auto and Gas (DEC)

 

20:30

USD Retail Sales Advance (MoM) (DEC)

 

20:30

USD Retail Sales Control Group (DEC)

 

20:30

USD Import Price Index (MoM) (DEC)

 

20:30

USD Import Price Index (YoY) (DEC)

 

20:30

USD Import Price Index ex Petroleum (MoM) (DEC)

 

20:30

USD Export Price Index (MoM) (DEC

 

20:30

USD Export Price Index (YoY) (DEC)

 

22:00

USD Business Inventories (NOV)

Unsold goods held by manufacturers, wholesalers and retailers. Business Inventories are often able to show economic turning points. A significant decrease in inventories implies that the economy is on the verge of rapid growth because stockrooms for businesses are empty and need to be replenished, which triggers higher production overall. Inventories are also useful when examined in conjunction with total business sales. Rising inventories paired with slackening business sales are indicative of troubled economic times. When business sales slow, retailers' inventories increase and they are forced cut back on wholesale orders. Wholesalers, affected by the fear of swelling inventories, will slow or even shut down production in factories. Recent technological advancements allow firms to manage inventories more efficiently, keeping inventory levels lower. Accordingly, declines in inventory stores are often indicative of productivity increases rather than changes in demand. But these logistical advances put particular emphasis on growing inventories. Increases in stocks of goods signal declining demand in America. While the Business Inventories figure is released with the Advanced Retail Sales report, the Advanced Retail Sales report features a lag time of merely two weeks. The Business Inventories' lag time is three times as long, making it an indicator that follows rather than leads the overall pace of the economy. Market participants tend to focus more on the Advanced Retail Sales figures.

 

 

22:00

USD NAHB Housing Market Index (JAN)

A timely gauge of home sales and expectations for future home building. Based on a small sample of homebuilders, the Housing Market Index is a timely indicator of future US home sales. However, as the index is not as comprehensive as formal housing reports like new home sales or MBA mortgage applications, the index acts more like a supplemental indicator for predicting housing trends. As such, the NAHB Housing Market Index is still able to provide general insight to where the housing market is heading. Given that new home sales reflect 'big ticket' items that require construction and investment, the housing market is often viewed as an indicator of the direction of the economy as a whole. Growth in the housing market will spur subsequent spending, generating demand for goods and services and the employees who provide them. The report headline is expressed in percentage change from the previous month.

 

22:30

USD DOE U.S. Crude Oil Inventories (JAN 11)

 

22:30

USD DOE Cushing OK Crude Inventory (JAN 11)

 

22:30

USD DOE U.S. Gasoline Inventories (JAN 11)

 

22:30

USD DOE U.S. Distillate Inventory (JAN 11)