Today's announcements and data releases, 20/2/2019
- Economic Calender
- 2 months ago
All times in GMT+7, Jakarta, Bangkok
JPY Convenience Store Sales (YoY) (JAN)
The value of items sold at small convenience stores, based on a monthly industry survey. Japanese consumers spend a significant portion of their income at the more than forty thousand convenience stores in the country. In fact Japan has one of the highest convenience store per capita rates in the industrialized world. Even though a significant portion of Japan 's economy depends on global demand for exports, domestic consumption is still very important. Convenience Store Sales give good insight into developments in overall Japanese consumer spending because of the Japanese consumer's reliance on convenience stores to supply everyday necessities. As with most indicators of consumer spending, rapid growth in Convenience Store Sales signals mounting inflationary pressures. The headline value is the percentage change in store sales from the previous year's sales.
JPY Supermarket Sales (YoY) (JAN)
EUR German Producer Price Index (MoM) (JAN)
EUR German Producer Price Index (YoY) (JAN)
EUR ECB's Praet Speaks in Frankfurt
GBP CBI Trends Total Orders (FEB)
GBP CBI Trends Selling Prices (FEB)
USD MBA Mortgage Applications (FEB 15)
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.
EUR Euro-Zone Consumer Confidence (FEB A)
Measures consumer sentiment in the Euro-zone nations. The figure is the result of Euro-zone consumer surveys personal finance, the job market, the likelihood of saving and expectations on the economy. High levels of consumer confidence bode well for the economy, indicating consumers are more likely to increase consumption spurring growth and potentially sparking inflation. Conversely, low consumer confidence levels suggest decreased spending. The figure is determined by the difference between positive and negative answers. Therefore a headline above zero indicates positive consumer confidence, while a negative number shows more negative answers.
USD U.S. to Sell USD18 Bln 2-Year Floating Rate Notes Reopening