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The New Zealand Institute of Economic Research (NZIER) Business Confidence Index rates the relative six-month business outlook. The index is a leading indicator of economic health. The data is compiled from a survey of about 2500 businesses.
A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.
Based primarily on the Business Test of the IFO Institut fur Wirtschaftsforschung, Munich, the QSBO is a tendency survey with questions on a range of economic indicators. Questions in the QSBO generally ask whether business conditions will deteriorate, stay the same, or improve, and yield information about business trends much faster than official statistics. Methodology; Each quarter a panel of around 1400 chief executives or their nominees in the three main sectors manufacturing and building, merchants, and services are asked to respond. The sample is of enterprises selected from the business directory of Statistics New Zealand and the UBD New Zealand Business Directory. The selection of firms in the panel is based on the number of employees, divided into several class intervals. The number sampled in each of the three major sectors is proportional to the sector's employment. The net percent of respondents is obtained by subtracting the percentage of respondents saying down from those saying up and dividing the value by a corrective factor (100-percent of N/A responses). That is: ((up-down)/(100-NA))* 100=net percent.
The FOMC Member Williams Speaks event is a key economic calendar event in the United States. It involves a speech delivered by the President of the Federal Reserve Bank of New York and vice-chair of the Federal Open Market Committee (FOMC), John C. Williams. As a prominent member of the FOMC, his views and insights often hold significant influence on the monetary policy decisions of the Federal Reserve and the overall U.S. financial market.
During this event, market participants closely monitor the speeches and statements made by John C. Williams for any hints or indications related to the future direction of U.S. monetary policy. This could include changes in the target federal funds rate, asset purchase programs, or adjustments to forward guidance. A dovish or hawkish tone in the speech can impact the U.S. dollar's value, interest rates, and market sentiment, leading to potential investment opportunities and risks.
The Westpac Consumer Sentiment Index measures the change in the level of consumer confidence in economic activity. On the index, a level above 100.0 indicates optimism; below indicates pessimism. The data is compiled from a survey of about 1,200 consumers which asks respondents to rate the relative level of past and future economic conditions.
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 Japanese Adjusted 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 figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the JPY.
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.
Bank Lending measures the change in the total value of outstanding bank loans issued to consumers and businesses. Borrowing and spending are closely correlated with consumer confidence.
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.
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 JPY , while a lower than expected reading should be taken as negative/bearish for the JPY
The British Retail Consortium (BRC) Retail Sales Monitor measures the change in the value of same-store sales in BRC-member retail outlets in the U.K.
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 Economy Watchers Current Index measures the current mood of businesses that directly service consumers, such as barbers, taxi drivers, and waiters. The data is compiled from a survey of about 2,000 workers. A reading above 50.0 indicates optimism; below indicates pessimism.
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.
Consumer Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys. 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 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 GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
The current account is the international flow of money for purposes other than investments. It offers a broad picture of how an economy is managing its finances with the rest of the world. If a country has a deficit in its current account it means that it has a saving deficit. The country is living above its means and is gradually becoming indebted to the world. The current account consists of the net total of: - (BOP) TRADE BALANCE: Export f.o.b. less Imports c.i.f. - (BOP) GENERAL GOVERNMENT: This covers all government current expenditure and receipts not appropriated to trade balance or to other transactions. - (BOP) TRANSPORT: Sea Transport and Civil Aviation: Receipts and payments for passenger fares, freight, charter hire, passage money, oil bunkers, airport charges and other disbursements. - (BOP) TRAVEL: The net value of Personal expenditure from tourism. - (BOP) FINANCIALS AND OTHER SERVICES - (BOP) INTEREST, PROFITS, AND DIVIDENDS - (BOP) TRANSFERS
The Retail Sales is a monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes in Turkey excluding auto. It is an important indicator of consumer spending and also correlated to consumer confidence. 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 Retail Sales is a monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes in Turkey excluding auto. It is an important indicator of consumer spending and also correlated to consumer confidence. 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 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 GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
The consumer price index (CPI) is a measure of change in the general level of prices of goods and services bought by households over a specified period of time. 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. The consumer price index is used as a measurement of and is a key economic figure. Likely impact: 1) Interest Rates: Larger-than-expected quarterly increase in price inflation or increasing trend is considered inflationary; this will cause bond prices to drop and yields and interest rates to rise. 2) Stock Prices: Higher than expected price inflation is bearish on the stock market as higher inflation will lead to higher interest rates. 3) Exchange Rates: High inflation has an uncertain effect. It would lead to depreciation as higher prices mean lower competitiveness. Conversely, higher inflation causes higher interest rates and a tighter monetary policy that leads to an appreciation.
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 HUF, while a lower than expected reading should be taken as negative/bearish for the HUF.
The French Government Budget Balance measures the difference in value between the government's income and expenditure for the year-to-date. A negative number indicates a budget deficit, while a positive number indicates a surplus.
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 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 current account is the international flow of money for purposes other than investments. It offers a broad picture of how an economy is managing its finances with the rest of the world. If a country has a deficit in its current account it means that it has a saving deficit. The country is living above its means and is gradually becoming indebted to the world. 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 gifts It shows how a country deals with the global economy on a non-investment basis. 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.
Bank of England (BOE) Governor Andrew Bailey (Mar 2020 - Mar 2028) is to speak. As head of the BOE's Monetary Policy Committee (MPC) which controls short term interest rates, Bailey has more influence over sterling's value than any other person. Traders scrutinize his public engagements for clues regarding future monetary policy. His comments may spark a short-term positive or negative trend.
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 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.
Consumer Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. 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 HICP are designed expressly for international comparisons of consumer price inflation across EU Member States. these harmonized figures will be used to inform decisions on which Member States meet price stability convergencecriterion for EMU. However, they are not intended to replace existing national Consumer Price Indices (CPIs).The coverage of the indices is based on the EU classification COICOP (classification of individual consumption by purpose). As a result a number of CPI series are excluded from the HICP, most particularly owner occupiers ever, the HICP includes series for personal computers, new cars and air fairs.
The figures displayed in the calendar represent the average yield on the Buoni del Tesoro Poliannuali or BTP auctioned.
Italian BTP bonds have maturities of three,five, ten, fifteen and thirty 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 BTP 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 figures displayed in the calendar represent the average yield on the Bobls note auctioned.
German Bobls notes have maturities of 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 Bobls 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 consumer price index (CPI) is a measure of change over a specified period of time 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 Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys.
The consumer price index (CPI) is a measure of change over a specified period of time 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 Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys.
The National Federation of Independent Business (NFIB) Small Business Optimism Index is a composite of ten seasonally adjusted components. It provides a indication of the health of small businesses in the U.S., which account of roughly 50% of the nation's private workforce.
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.
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.
The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. In other words, prices indicator of what is happening to prices consumers are paying for items purchased. With a given starting point or base period which is usually taken as 100, the CPI can be used to compare current period consumer prices with those in the base period. Consumer Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys. 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 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.
The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
The Export number, is the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. A higher than expected number should be taken as positive to the ILS, while a lower than expected number as negative
The Imports number provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. A lower than expected number should be taken as positive to the ILS, 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 ILS , while a lower than expected reading should be taken as negative/bearish for the ILS.
The Brazilian Service Sector Growth is an important economic calendar event that showcases the recent performance and trends in Brazil's vibrant service industry. This growth indicator signifies the expansion or contraction in the service sector compared to the previous period.
As a major component of Brazil's economy, the service sector plays a key role in contributing to the nation's overall Gross Domestic Product (GDP). A strong and growing service sector represents job creation, increased business activity, and an improved economic outlook for the country. Thus, investors, policymakers, and various market participants closely monitor the Brazilian Service Sector Growth data release as it holds valuable information on the current state and future prospects of the country's economy.
The Brazilian Service Sector Growth event is an economic indicator that tracks the recent performance of the service sector within Brazil's economy. This metric encompasses a wide range of professional areas, including hospitality, healthcare, finance, and education. It is based on the indices of production, the level of new orders, employment, and supplier deliveries, offering valuable insight into the health of the service sector and its contribution to Brazil's overall economic growth.
When analyzing this key event, investors and policymakers look for changes in the trends and dynamics of the sector, as it can have significant implications for Brazil's GDP, labor market performance, and inflationary pressures. An upward trend in service sector growth often signals a thriving economy, increased consumer spending, and a positive business environment, which can lead to the appreciation of Brazil's currency. On the other hand, a slowdown in this growth might indicate economic headwinds and can negatively impact the country's financial markets.
Regular monitoring of the Brazilian Service Sector Growth event is crucial for market participants, as it helps to form a better understanding of Brazil's economic trajectory and make informed decisions accordingly.
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 PLN , while a lower than expected reading should be taken as negative/bearish for the PLN.
The ADP Employment Change Weekly report provides an estimation of the private sector employment change in the United States on a weekly basis. Compiled by the ADP Research Institute, this report offers insights into job growth trends within the non-farm private sector and is based on actual payroll data from ADP clients. It serves as a precursor to the monthly employment reports, giving early indications of labor market conditions by measuring the change in the number of employed people during the previous week, excluding government jobs and the farming industry. This metric is crucial for economists and policymakers to assess the health of the labor market and make informed decisions related to economic policy and labor practices.
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change 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 USD, while a lower than expected reading should be taken as negative/bearish for the USD.
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change 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 USD, while a lower than expected reading should be taken as negative/bearish for the USD.
The consumer price index (CPI) is a measure of the average change in the prices paid by urban consumers for a fixed market basket of goods and services. The CPI is based on prices of food, clothing, shelter, fuel, drugs, transportation fares, doctors' and dentists' fees, and other goods and services that people buy for day-to-day living. The quantity and quality of these items are kept essentially unchanged between major revisions so that only price changes will be measured. All taxes directly associated with the purchase and use of items are included in the index.
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 USD, while a lower than expected reading should be taken as negative/bearish for the USD.
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 USD, while a lower than expected reading should be taken as negative/bearish for the USD.
The consumer price index (CPI) is a measure of the average change in the prices paid by urban consumers for a fixed market basket of goods and services. The CPIis based on prices of food, clothing, shelter, fuel, drugs, transportation fares, doctors and dentists fees, and other goods and services that people buy for day-to-day living. The quantity and quality of these items are kept essentially unchanged between major revisions so that only price changes will bemeasured. All taxes directly associated with the purchase and use of items are included in the index."
The CPI Index, s.a, also known as the Consumer Price Index for All Urban Consumers, is an economic event that measures the average change in the prices that urban consumers pay for a basket of goods and services over time. It is a key indicator of inflation and serves as a guide for making decisions related to monetary policy, wage agreements, and economic forecasts.
This event compares the cost of a fixed basket of goods and services purchased by consumers, such as food, housing, transportation, and medical care, to the cost of the same basket in a previous reference period. The CPI Index, s.a, adjusts the data for seasonal variations, making it easier to compare changes in the prices of goods and services throughout the year.
An increase in the CPI Index, s.a, indicates that the average price level for the basket of goods and services has increased, thereby pointing to inflationary pressures. Conversely, a decrease signifies deflationary pressures. Central banks, policymakers, businesses, and individuals closely monitor this economic event to make informed decisions related to investments, consumption, and financial planning.
The Consumer Price Index (CPI) not seasonally adjusted (n.s.a) is an economic calendar event for the United States that measures the changes in the prices paid by urban consumers for a representative basket of goods and services, without any adjustments made for seasonal variations.
While the seasonally adjusted CPI takes into account predictable fluctuations at different times of the year, such as increased energy costs in winter or more expensive food in summer, the not seasonally adjusted CPI provides a more straightforward look at price changes, presenting the raw data without any adjustments.
Analyzer of CPI n.s.a is important for policymakers, investors, and businesses as it helps in understanding inflation trends and making well-informed decisions.