Date
GMT+00:00
Event Previous Forecast Actual
Mar, 12 12:30
Wholesale Sales
Wholesale Sales
Country:
Date: Mar, 12 12:30
Importance: Low
Previous: 2.0%
Forecast: -0.6%
Actual: -
Period: Jan

The value of sales made by Canadian wholesalers. Wholesalers sell to industries and retailers in quantities far larger than most consumers are willing to purchase. Given that growth in Wholesale Trade usually precedes increases in retail trade and consumption, changes in Wholesale Sales can be used as an early indicator for the overall direction of the retail sector, consumption and the economy. The headline figure reports the monthly percentage change in Wholesale Sales, seasonally adjusted to account for variations in demand due to seasonal cycles.

These sectors are farm products, food, beverages, and tobacco products, personal and household goods, automotive products, building materials, machinery and electronic equipment etc.

2.0% -0.6% -
Mar, 12 12:30
★★
Trade Balance
Trade Balance
Country:
Date: Mar, 12 12:30
Importance: Medium
Previous: -1.3
Forecast: -1.2
Actual: -
Period: Jan

A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

Surpluses and Deficits
A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

Ramifications of Trade Balance on Markets
There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

-1.3 -1.2 -
Mar, 12 14:30
EIA Natural Gas Storage Change
EIA Natural Gas Storage Change
Country:
Date: Mar, 12 14:30
Importance: Low
Previous: -132
Forecast: -
Actual: -
Period: Mar

Weekly report about natural gas storage change in the USA.

-132 - -
Mar, 12 17:01
30-y Bond Auction
30-y Bond Auction
Country:
Date: Mar, 12 17:01
Importance: Low
Previous: 4.75%; 2.7
Forecast: -
Actual: -
Period: Mar
Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence.
4.75%; 2.7 - -
Mar, 12 21:30
Business NZ Manufacturing Index
Business NZ Manufacturing Index
Country:
Date: Mar, 12 21:30
Importance: Low
Previous: 55.2
Forecast: -
Actual: -
Period: Feb

Индикатор активности в производстве. Аналог Manufacturing PMI. Показывает улучшение (>50) или ухудшение (<50) ситуации в сравнении с предыдущим месяцем. Рост показателя либо превышение прогноза благоприятны для валюты.

55.2 - -