Date
GMT+00:00
Event Previous Forecast Actual
Nov, 19 09:00
Current Account (sa)
Current Account (sa)
Country:
Date: Nov, 19 09:00
Importance: Low
Previous: 11.9bln; 13.0bln
Forecast: 14.5
Actual: -
Period: Sep

  The Current Account summarizes the flow of goods, services, income and transfer payments into and out of the country. The report acts as a line-item record of how the domestic economy interacts with rest of the world. The Current Account is one of the three components that make up a country's Balance of Payments (Financial Account, Capital Account and Current Account), the detailed accounting of all international interactions. Where the other side of the Balance of Payments, Capital and Financial Accounts deal mainly with financial assets and investments, the Current Account gives a detailed breakdown of how the country intermingles with rest of the global economy on a non-investment basis - tracking good and services.

11.9bln; 13.0bln 14.5 -
Nov, 19 09:30
House Price Index
House Price Index
Country:
Date: Nov, 19 09:30
Importance: Low
Previous: 3.0%
Forecast: 3.1%
Actual: -
Period: Sep

A broad measure of the movement of single-family house prices. Apart from serving as an indicator of house price trends, the House Price Index (HPI) provides an analytical tool for estimating changes in the rates of mortgage defaults, prepayments and housing affordability. It is a weighted, repeat-sales index, which means that it measures average price changes in repeat sales or refinancings on the same properties.

3.0% 3.1% -
Nov, 19 10:00
★★
Consumer Price Index
Consumer Price Index
Country:
Date: Nov, 19 10:00
Importance: Medium
Previous: 2.1%
Forecast: 2.1%
Actual: -
Period: Oct

CPI is the key gauge for inflation in the Eurozone. Inflation, simply put, is a decline in the purchasing power of the Euro, where each Euro buys fewer goods and services due to higher consumer prices. The index tracks changes in the price of a basket of goods and services that a typical household might purchase. When the CPI is high, it indicates that significant inflationary pressures exist in Eurozone economies. This puts pressure on the European Central Bank to raise interest rates. When CPI comes out lower than expected, the ECB is expected to lower interest rates, or keep them lower, to encourage economic growth. As a rule, the Bank adjusts rates in order to keep Europe consumer price inflation in the 0 to 2 percent range.

2.1% 2.1% -
Nov, 19 10:00
★★
Consumer Price Index Core
Consumer Price Index Core
Country:
Date: Nov, 19 10:00
Importance: Medium
Previous: 2.4%
Forecast: 2.4%
Actual: -
Period: Oct

CPI is the key gauge for inflation in the Eurozone. Inflation, simply put, is a decline in the purchasing power of the Euro, where each Euro buys fewer goods and services due to higher consumer prices. The index tracks changes in the price of a basket of goods and services that a typical household might purchase. When the CPI is high, it indicates that significant inflationary pressures exist in Eurozone economies. This puts pressure on the European Central Bank to raise interest rates. When CPI comes out lower than expected, the ECB is expected to lower interest rates, or keep them lower, to encourage economic growth. As a rule, the Bank adjusts rates in order to keep Europe consumer price inflation in the 0 to 2 percent range.

2.4% 2.4% -
Nov, 19 15:30
★★
Crude Oil Inventories
Crude Oil Inventories
Country:
Date: Nov, 19 15:30
Importance: Medium
Previous: 6413K
Forecast: -
Actual: -
Period: Nov

The actual inventories of crude oil, gasoline, and distillate, such as jet fuel, as reported on a weekly basis. The numbers are watched closely by the energy markets, and if the results differ greatly from the expected inventory levels, the market can react strongly. The inventory data can be skewed by holidays and seasonal factors. Weekly data can be unreliable and should be viewed as a part of longer-term trends, so a four-week moving average may be more useful.

6413K - -