| Date GMT+00:00 |
Event | Previous | Forecast | Actual | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar, 17 21:45 |
★ |
Current Account
Current Account
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 figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the NZD. 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. |
-8.37 | -4.85 | - | ||||||||||||||
| Mar, 17 23:30 |
★ |
MI Leading Index
MI Leading Index
A leading indicator for Australian economic activity calculated by Melbourne Institute. |
-0.1% | - | - | ||||||||||||||
| Mar, 17 23:50 |
★ |
Trade Balance
Trade Balance
The difference between the total value of exports and the total value of imports. A positive figure indicates a trade surplus while a negative value represents a trade deficit. Because Japan 's economy is highly export-led, trade data can give critical insight into developments in Japan 's economy and changes into foreign exchange rates. A surplus reflects capital flowing into Japan in exchange for Japanese exports, and a deficit means that capital is flowing out of Japan as imports are purchased in larger volumes by Japanese consumers. A trade surplus will act as an appreciating weight on the Yen, whereas a trade deficit will place downward pressure on the Yen's value. Details in the Trade Balance report itself give useful insight into changing trends regarding Japanese trade. Such developments are especially important for the country, which is an export-oriented economy that has historically experienced large trade surpluses. Any affect on this could have dramatic affect on the domestic economy. The headline figure for trade balance is expressed in millions of Yen and usually accompanied by a year-on-year percentage change figure. |
455.5bln; -1152.6bln | -610.0 | - | ||||||||||||||
| Mar, 18 08:00 |
★ |
SECO Economic Forecasts
SECO Economic Forecasts
The State Secretariat for Economic Affairs (SECO) “is the federal government's centre of expertise for all core issues relating to economic policy. Its aim is to ensure sustainable economic growth by putting in place the necessary regulatory and economic policy conditions.” - Source www.seco.admin.ch SECO Economic Forecasts are released quarterly and include expectations for GDP and its components such as: consumption expenditure (personal and government), construction investment, investment in equipment and software, exports, imports, employment (full time equivalent), rate of unemployment and the Consumer Price Index (CPI). |
- | - | - | ||||||||||||||
| Mar, 18 10:00 |
★★ |
Consumer Price Index
Consumer Price Index
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. |
1.9% | 1.9% | - | ||||||||||||||