img-news

Today's announcements and data releases, 21/5/2019

  • Regular
  • Economic Calender
  • 3 months ago
  • 78

All times in GMT+7, Jakarta, Bangkok

 

 

11:00

JPY Tokyo Condominium Sales (YoY) (APR)

The annualized change in the value of condominiums sold each month within the capital. Although the Tokyo Condominium Sales report focuses on a narrow portion of Japan's housing sector, the figure is timely, coming out just two weeks after the reporting more, and has served as a leading indicator of the direction of the overall housing market. The number is sometimes used to gauge strength in consumer spending.

As a measure of the real estate market, the figure responds quickly to changes in the business cycle, promptly slowing at the onset of a recession and growing at the beginning of an economic boom. Increasing sales are generally bullish for the economy, as they indicate economic growth to come.

 

12:30

JPY Nationwide Department Store Sales (YoY) (APR)

The total value of goods sold by major department store outlets. As the first non-auto consumption indicator released each month, the Department Store Sales figure can be used to forecast overall household spending. An increase in Department Store Sales signals consumer confidence and growth in the economy. The headline figures are for nationwide sales and Tokyo area sales. The figure does not include auto sales, which are counted separately by the Japan Automobile Dealers Association, and is not seasonally adjusted.

 

12:30

JPY Tokyo Department Store Sales (YoY) (APR)

The total value of goods sold by major department store outlets. As the first non-auto consumption indicator released each month, the Department Store Sales figure can be used to forecast overall household spending. An increase in Department Store Sales signals consumer confidence and growth in the economy. The headline figures are for nationwide sales and Tokyo area sales. The figure does not include auto sales, which are counted separately by the Japan Automobile Dealers Association, and is not seasonally adjusted.

 

14:00

CHF Money Supply M3 (YoY) (APR)

 

15:30

GBP BOE's Carney, Broadbent, Tenreyro, Saunders Speak in London

 

16:00

EUR OECD Publishes Economic Outlook

 

16:00

EUR ECB Vice President Guindos Speaks in London

 

17:00

GBP CBI Trends Total Orders (MAY)

 

17:00

GBP CBI Trends Selling Prices (MAY)

 

21:00

EUR Euro-Zone Consumer Confidence (MAY 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

 

21:00

USD Existing Home Sales (APR)

Records sales of previously owned homes in the United States . This report provides a fairly accurate assessment of housing market conditions, and because of the sensitivity of the housing market to business cycle twists, it can be an important indicator of overall conditions at times when housing is particularly important to the economy. While used home sales are not counted in GDP, they do affect the United States economy. Sellers of used homes often use capital gains from property sales on consumption that stimulate the economy. Higher levels of consumer spending may also increase inflationary pressures, even as they help grow the economy. The existing home sales report is not as timely as other housing indicators like New Home Sales or Building Permits. By the time the Existing Home Sales are recorded, market conditions may have changed. The headline is the total value of properties sold.

 

21:00

USD Existing Home Sales (MoM) (APR)

 

21:45

USD Fed's Evans Discusses Economy and Monetary Policy

 

22:30

USD U.S. to Sell USD26 Bln 52-Week Bills

 

23:00

USD Fed's Rosengren Speaks to Economic Club of New York