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Today's announcements and data releases, 5/12/2018

  • Regular
  • Economic Calender
  • 3 months ago
  • 66

All times in GMT+7, Jakarta, Bangkok

 

 

 

15:45

EUR Markit/ADACI Italy Services PMI (NOV)

 

15:45

EUR Markit/ADACI Italy Composite PMI (NOV)

 

15:50

EUR Markit France Services PMI (NOV F)

 

15:50

EUR Markit France Composite PMI (NOV F)

 

15:55

EUR Markit Germany Services PMI (NOV F)

 

15:55

EUR Markit/BME Germany Composite PMI (NOV F)

 

16:00

GBP New Car Registrations (YoY) (NOV)

 

16:00

EUR Markit Eurozone Services PMI (NOV F)

 

16:00

EUR Markit Eurozone Composite PMI (NOV F)

 

16:30

GBP Official Reserves (Changes) (OCT)

 

16:30

GBP Markit/CIPS UK Services PMI (NOV)

 

16:30

GBP Markit/CIPS UK Composite PMI (NOV)

 

17:00

EUR Euro-Zone Retail Sales (MoM) (OCT)

The total value of goods and services sold each month at retail outlets. The report acts as a gauge of consumption and consumer confidence. An increasing number of sales signal consumer confidence and economic growth, which would fuel the Euro-zone economy. However, higher consumption also leads to inflationary pressures, which results in economic instability. The headline is the monthly percentage change in retail sales.

 

17:00

EUR Euro-Zone Retail Sales (YoY) (OCT)

 

19:00

USD MBA Mortgage Applications (NOV 30)

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.

 

20:15

USD ADP Employment Change (NOV)

 

20:30

USD Nonfarm Productivity (3Q F)

 

20:30

USD Unit Labor Costs (3Q F)

Measures changes in the actual dollar cost firms pay for employees to make a uniform output. Since labor costs make up such a sizeable portion of business' production costs, trends in this figure are significant to wage pressures. High or rising labor costs are often passed to consumers in higher final prices, causing inflation. As a result, rising Unit Labor Costs often act as an early indicator of inflation, making it the key indicator in the Productivity and Costs report. The figure is reported in headlines as a percentage change from previous quarters

 

21:00

MXN Consumer Confidence Index (NOV)

 

21:45

USD Markit US Services PMI (NOV F)

 

21:45

USD Markit US Composite PMI (NOV F)

 

22:00

CAD Bank of Canada Rate Decision (DEC 5)

The decision to increase, decrease, or maintain the bank set interest rate. A decision to lower rates can spur economic growth while inciting inflationary pressures, whereas rate increases tend to slow down inflation but stymie growth. The Bank of Canada has an inflation target of one to three percent and they change interest rates accordingly to meet that goal. The Bank of Canada's rate decision has significant influence on financial markets. Changes in rates have a direct impact on interest rates for consumer loans, mortgages, and bond rates. The BOC issues a statement with every rate announcement. Because the decision itself is usually highly anticipated, the wording of the BOC statement is usually as important if not even more important than the actual interest rate move made by the central bank. The statement contains the Bank's collective outlook on the economy as well as hints about future monetary policy while the change to interest rates is nothing more than a number. The statement provides clues on plans for the future. When it comes to interest rates, the future direction of rates is usually far more important than its current rate

 

22:00

USD ISM Non-Manufacturing/Services Composite (NOV)

 

22:30

USD DOE U.S. Crude Oil Inventories (NOV 30)

 

22:30

USD DOE Cushing OK Crude Inventory (NOV 30)

 

22:30

USD DOE U.S. Gasoline Inventories (NOV 30)

 

22:30

USD DOE U.S. Distillate Inventory (NOV 30)