FX.co ★ Traders economic calendar. Period: Yesterday

The Melbourne Institute (MI) Inflation Gauge measures the change in the price of goods and services purchased by consumers. The data is designed to mimic the quarterly government-released CPI data.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.

Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents. Exports free on board (f.o.b.) and imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics.

A higher than expected number should be taken as positive to the AUD, while a lower than expected number as negative.

Exports free on board (f.o.b.) and Imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries Imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting Imports as f.o.b. you will have the effect of reducing the value of Imports by the amount of the cost of insurance and freight.

A higher than expected number should be taken as positive to the AUD, while a lower than expected number as negative.

The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.

The figures displayed in the calendar represent the yield on the JGB auctioned.

JGB's have maturities of up to 50 years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital. The rate on a JGB represents the return an investor will receive by holding the note for its entire duration. All bidders receive the same rate at the highest accepted bid.

Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.

The consumer price index (CPI) is a measure of change over a specified period oftime in the general level of prices of goods and services that a given population acquires, uses or pays for consumption. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period.

Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. A higher than expected reading should be taken as positive/bullish for the THB , while a lower than expected reading should be taken as negative/bearish for the THB.

Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

Current account records the values of the following: =- TRADE BALANCE - exports and Imports of goods and SERVICES=- income payments and expenditure - interest, dividends, salaries=- unilateral transfers - aid, taxes, one-way giftsIt shows how a country deals with the global economy on a non-investment basis.

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.

A higher than expected reading should be taken as positive/bullish for the SEK, while a lower than expected reading should be taken as negative/bearish for the SEK.

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.

A higher than expected reading should be taken as positive/bullish for the SEK, while a lower than expected reading should be taken as negative/bearish for the SEK.

Sweden, Consumer Prices, By Commodity, Special Indexes, Underlying CPIF, Index. The Underlying Inflation Rate according to CPIF (CPI at constant interest rates) differs from CPI by keeping interest rate for households mortgage interest payment at a constant rate. CPIF is calculated on request fromSveriges Riksbank (the Swedish central bank).

Sweden, Consumer Prices, By Commodity, Special Indexes, Underlying CPIF, Index. The Underlying Inflation Rate according to CPIF (CPI at constant interest rates) differs from CPI by keeping interest rate for households mortgage interest payment at a constant rate. CPIF is calculated on request fromSveriges Riksbank (the Swedish central bank).

Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. The most volatile components like autos, gas prices and food prices are often removed from the report to show more underlying demand patterns as changes in sales in these categories are frequently a result of price changes. Rising retail sales indicate stronger economic growth. However, if the increase is larger than forecast, it may be inflationary. A higher than expected reading should be taken as positive/bullish for the HUF , while a lower than expected reading should be taken as negative/bearish for the HUF.

Total of a country's gold holdings and convertible foreign currencies held in its central bank. Usually includes foreign currencies themselves, other assets denominated in foreign currencies, and particular amount of special drawing rights (SDRs). A foreign exchange reserve is a useful precaution for countries exposed to financial crises. It can be used for the purpose of intervening in the exchange market to influence or peg the exchange rate. International reserves = Gold Foreign exchange Special Drawing Rights Reserve position in the IMF.

Net Forward Position= Bank of Thailand s forward obligations to buy (+) or sell;(-) foreign currency against Thai Baht A swap that involves the exchange of principal and interest in one currency for the same in another currency. It is considered to be a foreign exchange transaction and is not required by law to be shown on a company's balance sheet.

Foreign trade statistics include imports, imports with waiver and exports. Import figures include all direct imports to the country for domestic consumption also goods entering the customs area for temporary admission transit transhipment or to be stored in a bonded warehouse and then offered to the domestic market after modification of their import status Exports include goods produced domestically. Foreign trade statistics exclude export and import data obtained from duty-free zones and duty-free shops. Items not considered as exports include; -Border and coastal trade -Transit and re-export trade -Exports with waiver -Temporary exports, -Goods returned to their place of origin and -Exports of imports with waiver by temporary admission or by temporary exemption.

Foreign trade statistics include imports, imports with waiver and exports. Import figures include all direct imports to the country for domestic consumption also goods entering the customs area for temporary admission transit transhipment or to be stored in a bonded warehouse and then offered to the domestic market after modification of their import status Exports include goods produced domestically. Foreign trade statistics exclude export and import data obtained from duty-free zones and duty-free shops. A higher than expected reading should be taken as positive/bullish for the TRY , while a lower than expected reading should be taken as negative/bearish for the TRY.

The Trade Balance index measures the difference in worth between exported and imported goods over the reported month. Export demand is directly linked to currency demand, while export demand also has an impact on production levels.

The unemployment rate represents the number of unemployed persons expressed as a percentage of the labour force. A lower than expected number should be taken as positive to the CHF, while a higher than expected number as negative.

The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month.

A higher than expected reading should be taken as negative/bearish for the CHF, while a lower than expected reading should be taken as positive/bullish for the CHF.

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

Wages and salaries are defined as "the total remuneration, in cash or in kind, payable to all persons counted on the payroll (including homeworkers), in returnfor work done during the accounting period" regardless of whether it is paid on the basis of working time, output or piecework and whether it is paid regularly or not.Y/Y - percentage change over corresponding period of the previous year. Gross monthly average earnings of full-time employees in the national economy.

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and averaging them; the goods are weighted according to their importance. Changes in CPI are used to assess price changes associated with the cost of living.

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and averaging them; the goods are weighted according to their importance. Changes in CPI are used to assess price changes associated with the cost of living.

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.

A higher than expected reading should be taken as positive/bullish for the CZK, while a lower than expected reading should be taken as negative/bearish for the CZK.

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.

A higher than expected reading should be taken as positive/bullish for the CZK, while a lower than expected reading should be taken as negative/bearish for the CZK.

The Italy Construction Purchasing Managers' Index (PMI) is an economic indicator that measures the level of business activity in the Italian construction sector. It is based on survey responses from purchasing managers in the industry, covering factors such as new orders, employment, supplier deliveries, and inventories.

A PMI reading above 50 indicates expansion in the construction sector, while a reading below 50 signifies contraction. The index is an important tool for analysts, policymakers, and investors to gauge the health of the construction industry in the Italian economy and make informed decisions. As the construction sector is a significant component of the overall economy, the PMI can provide insights into broader economic trends.

IHS Markit Germany Construction PMI is compiled from responses to questionnaires sent to a panel of about 150 construction company purchasing managers. The panel is stratified by company workforce size based on contributions to GDP. Survey responses are collected during the second half of each month and indicate the direction of change compared to the previous month. A reading above 50 indicates an overall increase compared to the previous month; below 50 signals an overall decrease.

The France Construction Purchasing Managers' Index (PMI) is a monthly economic indicator that measures the performance of the construction sector in France. Compiled by the IHS Markit, it is based on a survey of purchasing managers from construction companies. The PMI is a highly-regarded index, reflecting changes in activity, employment, new orders, and prices within the construction industry.

A PMI reading above 50 indicates expansion in the construction sector, while a reading below 50 signifies contraction. As a leading indicator of economic performance, the France Construction PMI can provide valuable insights for investors, businesses, and policymakers about the health of the French construction industry and its potential impact on economic growth.

The Eurozone Construction Purchasing Managers' Index (PMI) is a leading economic indicator that measures the performance of the construction sector in the Eurozone. It is a composite index derived from survey data collected from purchasing managers in the construction industry. The survey includes measures of employment, new orders, output, prices, and delivery times, as well as other aspects related to the construction sector.

A PMI value above 50 indicates expansion in the construction sector, while a value below 50 signals a contraction. The Eurozone Construction PMI is closely watched by investors and policymakers since it provides insights into the health of the construction sector, which is a key component of the overall economy. The results can have a significant impact on interest rate decisions, currency movements, and investment decisions by both financial institutions and governments.

procure.ch Purchasing Manager's Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; a reading below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. A higher than expected reading should be taken as positive/bullish for the CHF, while a lower than expected reading should be taken as negative/bearish for the CHF.

New Passenger Cars Registration

Balance of payments is a set of accounts recording all economic transactions between the residents of the country and the rest of the world in a given period of time, usually one year. Payments into the country are called credits, payments out of the country are called debits. There are three main components of a balance of payments: - current account - capital account - financial account Either a surplus or a deficit can be shown in any of these components. Current account records the values of the following: - trade balance, export and imports of goods and services - income payments and expenditure,interest, dividends, salaries - unilateral transfers, aid, taxes, one-way gifts It shows how a country deals with the global economy on a non-investment basis. Balance of payments shows strengths and weaknesses in a country's economy and theref helps to achieve balanced economic growth.

Balance of payments is a set of accounts recording all economic transactions between the residents of the country and the rest of the world in a given period of time, usually one year. Payments into the country are called credits,payments out of the country are called debits. There are three main components of a balance of payments: - current account - capital account - financial account. Either a surplus or a deficit can be shown in any of these components. Current account records the values of the following: - trade balance exports and imports of goods and services - income payments and expenditure interest, dividends, salaries - unilateral transfers.It shows how a country deals with the global economy on a non-investment basis. Balance of payments shows strengths and weaknesses in a country's economy an therefore helps to achieve balanced economic growth. The release of a balance of payments can have a significant effect on the exchange rate of a national currency against other currencies. It is also important to investors of domestic companies that depend on exports. Positive current account balance is when inflows from its components into the country exceed outflows of the capital leaving the country. Current account surplus may strengthen the demand for local currency. Persistent deficit may lead to a depreciation of a currency.

The car registrations published by the European Automobile Manufacturers’ Association (ACEA) describe the number of new passenger car registrations in the United Kingdom. If the number increases, this is a sign of increasing consumption. At the same time, British carmakers are earning more money, leading to rising profits. This generally boosts the economy - and vice versa. If car registrations are higher than expected, this usually leads to a rising pound (GBP) exchange rate on the currency markets. Conversely, the pound exchange rate (GBP) falls if new registrations are lower than expected or if expectations are missed.

The Chartered Institute of Purchasing and Supply (CIPS) Construction Purchasing Manager's Index (PMI) measures the activity level of purchasing managers in the construction industry. A reading above 50 indicates expansion in the construction industry; a reading below indicates contraction. It gives an indication about the health of the construction section in the UK. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

The figures displayed in the calendar represent the average yield on the Letras del Tesoro auctioned.

Spanish Bills have maturities of less then two years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital.

The yield on the Letras del Tesoro represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid.

Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.

The unemployment rate represents the number of unemployed persons expressed as apercentage of the labour force. The unemployment rate for a particular age/sex group is the number of unemployed in that group expressed as a percentage of thelabour force for that group.

Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. A higher than expected reading should be taken as positive/bullish for the EUR while a lower than expected reading should be taken as negative/bearish for the EUR.

The figures displayed in the calendar represent the average yield on the Obligations assimilables du Trésor or OAT auctioned.

French OAT notes have maturities from seven up to 50 years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital.

The yield on the OAT represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid.

Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.

Monetary policy refers to the actions undertaken by a country's monetary authority, central bank or government to achieve certain national economic goals. It is based on the relationship between interest rates at which money can be borrowed and total supply of money. Policy rates are the most important rates within a country's monetary policy. These can be: deposit rates, lombard rates, rediscount rates, reference rates etc. Changing them influences economic growth, inflation, exchange rates and unemployment.

The figures displayed in the calendar represent the average yield on the Bonos del Estado or BDE auctioned.

Spanish BDE bonds have maturities of between two to five years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital.

The yield on the BDE represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid.

Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.

Changes in the volume of the physical output of the nation's factories, mine and utilities are measured by the index of industrial production. The figure is calculated as a weighted aggregate of goods and reported in headlines as a percent change from the same month of previous year. Rising industrial production figures signifyincreasing economic growth and can positively influence the sentiment towards local currency.

Changes in the volume of the physical output of the nation's factories, mine and utilities are measured by the index of industrial production. The figure is calculated as a weighted aggregate of goods and reported in headlines as a percent change from the same month of previous year. Rising industrial production figures signifyincreasing economic growth and can positively influence the sentiment towards local currency.

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

Gross National Product (GNP) is the sum of GDP and NFI. NFI is the difference between two large gross flows, its magnitude can fluctuate greatly from one quarter to another. This can lead to significant differences between the GDP andGNP growth rate for the same quarter.

Gross National Product (GNP) is the sum of GDP and NFI. NFI is the difference between two large gross flows, its magnitude can fluctuate greatly from one quarter to another. This can lead to significant differences between the GDP andGNP growth rate for the same quarter.

FX Reserves measures the foreign assets held or controlled by the country's central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.

FX Reserves measures the foreign assets held or controlled by the country's central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.

International reserves of the National Bank of Ukraine. This includes any kind of reserve funds that can be passed between the central banks of different countries. International reserves are an acceptable form of payment between global central banks. The reserves themselves can either be gold or else a specific currency, such as the dollar or euro.

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.

A higher than expected reading should be taken as positive/bullish for the BRL, while a lower than expected reading should be taken as negative/bearish for the BRL.

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy''s health. A stronger than expected number should be taken as positive for the BRL and a lower than expected number as negative to the BRL.

Challenger Job Cuts, released by Challenger, Grey & Christmas monthly, provides information on the number of announced corporate layoffs by industry and region. The report is an indicator used by investors to determine the strength of the labor market. A lower than expected number should be taken as positive to the USD, while a higher than expected number as negative

Challenger Job Cuts measures the change in the number of job cuts announced by employers.

A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.

Dr Catherine L Mann serves as a member of the Monetary Policy Committee (MPC) of the Bank of England. Her public engagements are often used to drop subtle clues regarding future monetary policy.

Monetary aggregates, known also as "money supply", is the quantity of currency available within the economy to purchase goods and services. Depending on the degree of liquidity chosen to define an asset as money, various monetary aggregates are distinguished: M0, M1, M2, M3, M4, etc. Not all of them are used by every country. Note that methodology of calculating money supply varies between countries. M2 is a monetary aggregate that includes all physical currency circulating in the economy (banknotes and coins), operational deposits in central bank, money in current accounts, saving accounts, money market deposits and small certificates of deposit. Excess money supply growth potentially can cause inflation and generate fears that the government may tighten money growth by allowing the interest rates to rise which in turn, lowers future prics.

Bank Lending is a key economic event that reflects the changes in total loans extended by banks in Kuwait within a specified period. This event is significant because it provides insights into the health of the banking sector and the overall economic environment in the country.

When bank lending is on the rise, it implies that businesses and consumers are borrowing money, which in turn stimulates economic growth. On the other hand, a declining trend in bank lending may indicate a downturn in the economy, signaling lower consumer confidence and reduced willingness to invest in new ventures.

Market participants closely follow this event to understand the shifts in the credit market and act accordingly in terms of investment and trading strategies. Furthermore, it guides policymakers in making decisions that impact interest rates and other monetary policies to maintain financial stability.

 Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. A higher than expected number should be taken as positive to the RUB, while a lower than expected number as negative

 The exports number provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. A higher than expected number should be taken as positive to the CAD, while a lower than expected number as negative

The Imports number measures any good or service brought into one country from another country in a legitimate fashion, typically for use in trade. Import goods or services are provided to domestic consumers by foreign producers. A lower than expected number should be taken as positive to the CAD, while a higher than expected number as negative

The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

Continuing Jobless Claims measures the number of unemployed individuals who qualify for benefits under unemployment insurance.

A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.

Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week.

A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.

Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week.

As the week to week numbers might be very volatile, the four week moving average smooths the weekly data and used for the initial jobless claims metric A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.

The Ivey Purchasing Managers Index is jointly sponsored by the Purchasing Management Association of Canada (PMAC) and the Richard Ivey School of Business. The Ivey Purchasing Managers Index measures month to month changes in dollars of purchases as indicated by a panel of purchasing managers from across Canada. The 175 participants in this survey have been carefully selected geographically and by sector of activity to match the Canadian economy as a whole. The index includes both the public and private sectors. Index panel members indicate whether their organizations activity is higher than the same as, or lower than the previous month across the following five categories: purchases, employment, inventories, supplier deliveries and prices.

The Ivey Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in Canada. A reading above 50 indicates expansion; a reading below 50 indicates contraction. The index is a joint project of the Purchasing Management Association of Canada and the Richard Ivey School of Business. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents. Exports free on board (f.o.b.) and imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting imports as f.o.b. you will have the effect of reducing the value of imports by the amount of the cost of insurance and freight.

New orders measure the value of orders received in a given period of time. They are legally binding contracts between a consumer and a producer for delivering goods and services. New orders indicate future industrial output and production requirements.The Manufacturers Shipments, Inventories, and Orders (M3) survey provides broad-based, monthly statistical data on economic conditions in the domestic manufacturing sector. There are 89 separately tabulated industry categories in the M3 survey. These categories are groupings of the 473 manufacturing industries as defined in the 1997 North American Industry Classification System (NAICS) Manual. The monthly M3 estimates are based on information obtained from most manufacturing companies with $500 million or more in annual shipments. In order to strengthen the sample coverage in individual industry categories, the survey includes selected smaller companies. Value of Shipments - The value of shipments data in the M3 survey represents net selling values, f.o.b. plant, after discounts and allowances and excluding freight charges and excise taxes.

The Durables Excluding Transport event is an important economic indicator that measures the change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items. Durable goods are products that have a lifespan of three years or more, such as machinery, equipment, vehicles, and electronics.

This event provides insights into manufacturing activity and consumer demand for long-lasting goods. Since transportation items, such as aircraft and automobiles, can cause significant volatility in the data due to their high ticket prices and fluctuating demand, excluding these items gives a clearer picture of the overall health of the durable goods manufacturing sector.

Higher values for Durables Excluding Transport indicate increased demand for durable goods and signal potential growth in manufacturing and economic activity. Conversely, lower values may suggest decreased demand and a slowdown in the economy. Investors and policymakers closely monitor this indicator as it influences investment strategies and guides monetary policy decisions.

Factory Orders measures the change in the total value of new purchase orders placed with manufacturers. The report also includes a revision of the Durable Goods Orders data released about a week earlier as well as data new data on non-durable goods orders.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

Factory Orders measures the change in the total value of new purchase orders placed with manufacturers, but excluding all orders related to the transportation industry. The report also includes a revision of the Durable Goods Orders data released about a week earlier as well as data new data on non-durable goods orders. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.

Philip R. Lane, member of the Executive Board of the European Central Bank, is set to speak. His speeches often contain indications on the future possible direction of monetary policy.

The Energy Information Administration (EIA) Natural Gas Storage report measures the change in the number of cubic feet of natural gas held in underground storage during the past week.

While this is a U.S. indicator it tends to have a greater impact on the Canadian dollar, due to Canada's sizable energy sector.

If the increase in natural gas inventories is more than expected, it implies weaker demand and is bearish for natural gas prices. The same can be said if a decline in inventories is less than expected.

If the increase in natural gas is less than expected, it implies greater demand and is bullish for natural gas prices. The same can be said if a decline in inventories is more than expected.

The Atlanta Fed GDPNow is an economic event that provides a real-time estimate of the United States' gross domestic product (GDP) growth for the current quarter. It serves as a valuable indicator for analysts, policymakers, and economists looking to gauge the health of the American economy.

Created and maintained by the Federal Reserve Bank of Atlanta, the GDPNow model utilizes a sophisticated algorithm that processes incoming data from official government sources. These sources include reports on manufacturing, trade, retail sales, housing, and other sectors, which allows the Atlanta Fed to update their GDP growth projections on a frequent basis.

As an essential benchmark for economic performance, the GDPNow forecast can significantly impact financial markets and influence investment decisions. Market participants often use the GDPNow forecast to adjust their expectations regarding monetary policies and various economic outcomes.

The figures displayed in the calendar represent the rate on the Treasury Bill auctioned.

U.S. Treasury Bills have maturities of a few days to one year. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital. The rate on a Treasury Bill represents the return an investor will receive by holding the bill for its entire duration. All bidders receive the same rate at the highest accepted bid.

Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.

The figures displayed in the calendar represent the rate on the Treasury Bill auctioned.U.S. Treasury Bills have maturities of a few days to one year. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital. The rate on a Treasury Bill represents the return an investor will receive by holding the bill for its entire duration. All bidders receive the same rate at the highest accepted bid. Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.

Michelle W. Bowman took office as a member of the Board of Governors of the Federal Reserve System on November 26, 2018, to fill an unexpired term ending January 31, 2020. Her public engagements are often used to drop subtle clues regarding future monetary policy.

OPEC Crude Oil Production Algeria (Barrel) is an economic event that highlights the oil production in barrels for the country of Algeria. As a member of the Organization of the Petroleum Exporting Countries (OPEC), Algeria's oil production plays a crucial role in the global oil market. The data on barrels produced reflects the efficiency and potential of the country's oil industry, influencing oil prices worldwide.

Investors and traders closely monitor Algeria's crude oil production, as it may impact the global supply and demand of oil, thus affecting oil prices and potentially leading to fluctuations in the financial markets. This event is significant for understanding global oil market dynamics and the overall health of the energy sector.

The OPEC Crude Oil Production Congo (Barrel) is an economic calendar event that reports the number of barrels produced by the Congo throughout the Organization of the Petroleum Exporting Countries (OPEC). This data provides valuable insight into the country's oil production capabilities and its contribution to the overall oil reserves within the OPEC bloc,

Monitoring the Congo's oil production rates is essential as changes in oil supply can significantly impact global oil prices and affect energy markets. In addition, trends in oil production can also influence economic policies, investment decisions, and business strategies for companies within the oil and gas industry.

This economic calendar event refers to the measurement of crude oil production in Gabon, a member country of the Organization of the Petroleum Exporting Countries (OPEC). The data is reported in barrels and tracks the changes in oil production levels within a specific period.

The production levels of crude oil are significant for the global oil market and can impact the prices of oil. Higher production levels tend to exert downward pressure on oil prices, while lower production levels can result in price increases. Traders and investors often keep an eye on OPEC production numbers to gauge the direction of the oil market and make investment decisions accordingly.

In addition to influencing oil prices, crude oil production levels also reflect the economic health of a country, as it can be a significant contributor to overall GDP for oil-producing nations like Gabon. Consequently, tracking these production figures can provide insights for investors interested in the country's economy.

The OPEC Crude Oil Production Guinea (Barrel) event on the economic calendar refers to the release of data on the total amount of crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) member nations, expressed in barrels per day. This statistic is an essential indicator of oil production trends, providing insights into the current and potential future state of the global crude oil market.

As OPEC represents a significant portion of the world's total oil production, fluctuations in its output can have considerable implications on international oil prices. Investors, businesses, and policymakers closely monitor these production levels to make informed decisions in areas such as energy investment, foreign exchange, and fiscal policies, as these directly affect the global economy.

The OPEC Crude Oil Production Iran (Barrel) event represents the monthly update on the total quantity of crude oil produced by Iran, measured in barrels. This figure is significant because it provides insights into the oil production capacity of one of the largest OPEC (Organization of the Petroleum Exporting Countries) members. Changes in Iran's oil production can affect global oil prices and have a profound impact on both the global economy and financial markets.

The monthly OPEC Crude Oil Production Iraq (Barrel) report refers to the crude oil production volumes of Iraq as part of the Organization of the Petroleum Exporting Countries (OPEC). This data represents the number of barrels of crude oil produced per day in Iraq and is usually released by the OPEC. The production levels are significant because Iraq holds some of the largest proven oil reserves in the world.

An increase in Iraq's crude oil production typically indicates a boost in the country's economic growth, as it is one of the main drivers of its GDP. However, it can also influence global oil prices, as Iraq contributes a significant share to OPEC's overall production. Market participants monitor changes in Iraq's oil production for insights into potential shifts in the balance between oil supply and demand.

The OPEC Crude Oil Production Kuwait (Barrel) is an economic calendar event that reports the number of barrels of crude oil produced in Kuwait by the Organization of the Petroleum Exporting Countries (OPEC) members. The event takes place monthly, with data being presented in barrels per day.

Oil production levels are important indicators of the energy industry's performance and contribute significantly to the global economy. As Kuwait is one of the world's largest oil producers and a key member of OPEC, changes in the country's production levels can influence crude oil prices, affecting global energy market trends and industry developments.

Traders, investors, and analysts closely monitor this event to identify possible changes in crude oil supply and demand and make informed decisions regarding investments, future market directions, and risk management strategies. The event can also offer insights into OPEC's broader policy and decisions concerning crude oil production quotas.

The OPEC Crude Oil Production Libya (Barrel) is an economic calendar event that focuses on the total crude oil production in Libya, by the Organization of Petroleum Exporting Countries (OPEC). This figure, measured in barrels, serves as an important indicator of the country's oil production levels, as well as its ability to contribute to the overall stability of global oil market.

Libya, being an active member of OPEC, plays a significant role in the global oil market. Therefore, the data from this event has the potential to influence oil prices and affect worldwide energy strategies. Investors and market participants closely monitor OPEC Crude Oil Production Libya figures, as it provides insights into the country's oil sector performance and adds valuable information to make informed decisions in the energy industry.

The OPEC Crude Oil Production Nigeria (Barrel) is an economic calendar event that represents the total production of crude oil in Nigeria, measured in barrels. Nigeria is a key member of the Organization of the Petroleum Exporting Countries (OPEC), and this data offers insights into the country's crude oil output, which plays a significant role in global oil supply and prices.

It is essential for investors, businesses, and policymakers to monitor this metric, as it influences global oil markets and impacts Nigeria's economic growth. Fluctuations in oil production may be due to factors like geopolitical tensions, infrastructure challenges, or production quota changes within OPEC. An increase in production could potentially lower oil prices, while a decrease could lead to higher prices and may affect nations that rely heavily on oil imports.

The OPEC Crude Oil Production Saudi Arabia (Barrel) event is an economic indicator that measures the total amount of crude oil produced by Saudi Arabia, as a member of the Organization of the Petroleum Exporting Countries (OPEC). This figure is typically reported in barrels and represents an important aspect of the global oil market, as it influences oil prices and supply dynamics.

As one of the leading oil producers in the world, Saudi Arabia's oil production has a significant impact on the global economy. Monitoring changes in the country's oil production levels can provide valuable insights into overall market trends and projections. Analysts, investors, and policymakers all use this economic indicator to assess the health of the oil market, make investment decisions, and set monetary and fiscal policies. Tracking this information can also help predict economic growth, inflation, and currency movements.

The OPEC Crude Oil Production UAE (Barrel) is an economic calendar event that indicates the volume of crude oil produced by the United Arab Emirates (UAE) as part of the Organization of the Petroleum Exporting Countries (OPEC). This data is reported in barrels, which is a unit of volume commonly used in the global oil industry.

Oil production statistics are important for understanding the overall health of the oil market, as well as the stability of the global economy. The UAE is one of the top oil producers within OPEC, which is a group of oil-exporting countries that seeks to coordinate their policies to ensure market stability, efficient production, and fair pricing for producers and consumers. Tracking the UAE's crude oil production can help investors and analysts make informed decisions about the oil industry and its potential impact on other sectors of the global economy.

The OPEC Crude Oil Production Venezuela (Barrel) is an important economic calendar event that represents the total production of crude oil in Venezuela, measured in barrels. Venezuela is a member of the Organization of the Petroleum Exporting Countries (OPEC), and its oil production significantly influences the dynamics of global oil supply and demand.

Monitoring changes in this event can help investors and financial analysts to better understand the trends in Venezuela's oil industry, assess the impact of geopolitical events on the country's production, and formulate informed decisions in the energy market. A decline in oil production might suggest higher oil prices and signal a potential shortage, whereas an increase might indicate a future glut, potentially driving prices down.

The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.

A higher than expected reading should be taken as positive/bullish for the BRL, while a lower than expected reading should be taken as negative/bearish for the BRL.

Luis de Guindos, Vice-President of the European Central Bank, is set to speak. His speeches often contain indications on the future possible direction of monetary policy.

The Fed balance sheet is a statement listing the assets and liabilities of the Federal Reserve System. Details of the Fed's balance sheet are disclosed by the Fed in a weekly report called "Factors Affecting Reserve Balances."

Reserve Balances with Federal Reserve Banks is the amount of money that depository institutions maintain in their accounts at their regional Federal Reserve Banks.

The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figureA higher than expected reading should be taken as positive/bullish for the KRW , while a lower than expected reading should be taken as negative/bearish for the KRW.

Household Spending measures the change in the inflation-adjusted value of all expenditures by consumers.

A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.

Household Spending measures the change in the inflation-adjusted value of all expenditures by consumers.

A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.