Today's announcements and data releases, 8/1/2019

  • Regular
  • Economic Calender
  • 6 months ago
  • 109

All times in GMT+7, Jakarta, Bangkok




AUD Trade Balance (NOV)



AUD ANZ Job Advertisements (MoM) (DEC)

A monthly report measuring the number of jobs advertised in the major daily newspapers and internet sites in major Australian cities. This release has historically been a good leading indicator of future labor market conditions and therefore an effective tool for forecasting employment growth. The report features two headline numbers, one for newspapers and the other for internet postings, both expressed as a percentage change from the previous month's figures.



JPY Consumer Confidence Index (DEC)



AUD Foreign Reserves (Australian Dollar) (DEC)



EUR German Industrial Production s.a. (MoM) (NOV)

Measures the total change in orders placed at domestic manufacturers. The figure gives a picture of the strength of demand for German industrial products. Factory orders are an early indicator of the overall level of spending in the economy, and spending drives economic growth. Although higher German Factory Orders alone is not a strong enough factor to influence the value of Euro in a significant way, growth in orders can put upward pressure on the Euro if higher orders are due to greater demand aboard. German Factory Orders is a seasonally adjusted index. The headline figure is expressed as a percentage change in the index.



EUR German Industrial Production n.s.a. and w.d.a. (YoY) (NOV)



CHF Retail Sales Real (YoY) (NOV)



GBP Halifax House Prices (MoM) (DEC)



GBP Halifax House Price 3Mths/Year (DEC)



EUR Euro-Zone Consumer Confidence (DEC F)

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.



EUR Euro-Zone Economic Confidence (DEC)

An overall gauge of sentiment toward the economy in the Euro-zone. The index is a composite of most of the sector specific surveys done by the European Commission. A high or rising level of Economic Confidence indicates healthy levels of purchasing, business spending, and investment - a positive economic outlook conducive to the strengthening of the economy and the Euro. Reported in the European Commission's Business and Consumer Surveys, economic confidence brings together 5 confidence indicators with different weights: Industrial Confidence (40%), Service Confidence (30%), Consumer Confidence (20%), Construction Confidence (5%), and Retail Trade Confidence Indicator (5%).



EUR Euro-Zone Business Climate Indicator (DEC)

Gauges current business conditions in the Euro-zone. Based on industrial sector surveys the BCI strives to provide a timely and clear picture of business sentiment in the Euro-zone. A high or rising Business Climate figure generally indicates a healthy economy and business climate; conversely, a low or declining figure signals an unfavorable or worsening economy. As business and consumer confidence increases we typically see similar increases in investments, production, and consumption and economic growth.



EUR Euro-Zone Industrial Confidence (DEC)

A measure of industry sentiment in the Euro-zone nations. Based on a survey among industrial executives, Industrial Confidence asks for production expectations. Specifically the European Commission asks about recent orders and buildup of inventories. Higher levels of industrial confidence indicate a positive outlook for future business spending and capital investment. Despite the fact that manufacturing accounts for only about a quarter of Euro-zone business, industry accounts for most of the volatility in GDP. Thus developments here have significant impact on overall growth in Europe. The figure is determined by the difference between positive and negative answers. A headline above zero indicates positive industrial confidence, while a negative number shows negative confidence.



EUR Euro-Zone Services Confidence (DEC)

A gauge of business sentiment in the services sector. The figure is derived from a survey asking firms in the service sector about current and expected demand. Since the service sector accounts for roughly two thirds of total Euro-zone GDP, Services Confidence provides an important confirmation of the health for the overall economy. High levels of Services Confidence suggest future upward trends for production and employment. The figure is determined by the difference between positive and negative answers. Therefore a headline above zero indicates positive service sector confidence, while a negative number shows negative confidence.



USD NFIB Small Business Optimism (DEC)



CAD International Merchandise Trade (Canadian Dollar) (NOV)



USD Trade Balance (NOV)

The US Trade Balance refers to the difference between exports of goods and services out of the US, and imports to America. The trade balance is one of the biggest components of the US's Balance of Payment, which gives valuable insight and heavy pressure on the value of the dollar. A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the US experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect dollars leaking out of the country. Such currency outflows may lead to a natural depreciation of a dollar, unless countered by comparable capital inflows (US Net Foreign Security Purchases, or TICs data reports on such capital flows). At a bare minimum, deficits fundamentally weigh down the value of the currency. There are a number of factors that work to diminish the market impact of US Trade Balance. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically well anticipated. Lastly, since the report reflects data for a specific reporting month, any significant changes in the Trade Balance should plausibly have already been felt during that month and not during the release of data. However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the more important reports out of the US. The headline figure for trade balance is expressed in billion of dollars.



USD JOLTS Job Openings (NOV)