Date
GMT+00:00
Event Previous Forecast Actual
Mar, 12 12:30
★★★
Unemployment Claims
Unemployment Claims
Country:
Date: Mar, 12 12:30
Importance: High
Previous: 213K
Forecast: 216K
Actual: -
Period: Mar

The indicator shows the number of unemployed people in the USA.

213K 216K -
Mar, 12 12:30
★★
Continuing Claims
Continuing Claims
Country:
Date: Mar, 12 12:30
Importance: Medium
Previous: 1868K
Forecast: -
Actual: -
Period: Mar

Continuing claims refers to unemployed workers that qualify for benefits under unemployment insurance. In order to be included in continuing claims, the person must have been covered by unemployment insurance and be currently receiving benefits. Data on unemployment claims is published by the Department of Labor on a weekly basis, allowing for frequent updates on the levels of unemployment.

1868K - -
Mar, 12 12:30
★★
Trade Balance
Trade Balance
Country:
Date: Mar, 12 12:30
Importance: Medium
Previous: -70.3
Forecast: -66.1
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.

-70.3 -66.1 -
Mar, 12 12:30
★★
Building Permits
Building Permits
Country:
Date: Mar, 12 12:30
Importance: Medium
Previous: 1448K; 4.3%
Forecast: 1410K
Actual: -
Period: Jan

The number of new building projects authorized for construction. The figure is widely used as an indicator for developments in the housing market, since receiving a permit to build is the first step in the construction process. Thus growth in Building Permits reflects growth in the construction sector. Also, due to the high outlays needed for construction projects, an increase in Building Permits suggests corporate and consumer optimism. Additionally, because leading indicators for the housing market respond quickly to changes in the business cycle, the Building Permit figure can act as a leading indicator for the economy as a whole.

The headline is the seasonally adjusted percentage change in Building Permits from the previous month.

1448K; 4.3% 1410K -
Mar, 12 12:30
★★
Housing Starts
Housing Starts
Country:
Date: Mar, 12 12:30
Importance: Medium
Previous: 1404K; 6.2%
Forecast: 1340K
Actual: -
Period: Jan

Gauges the change in the number of new houses built in the United States. Housing Starts are one of the earliest indicators of the housing market, only trailing Building Permits in timeliness.

Because high outlays are needed to start construction projects, an increase in Housing Starts implies an increase in investment and business optimism. Finally, the Housing Starts figure gives insight into consumer activity, since new home purchases typically require a large investment for consumers. Given such connections to consumer and corporate sentiment, real estate generally leads economic developments. A sharp drop in new home construction is a warning signal of economic slowdown. Conversely, a rebound in the Housing Starts paves the way for economic recovery.

Housing Starts data is differentiated by building types (single family houses, 2 to 4 residence units and 5 or more residence units). The single family housing starts is a more reliable economic indicator than multi family housing starts, as single family house building is driven by demand and consumer confidence, whereas multi family house building is more often motivated by speculative real estate investors. The report headline is expressed in volume of houses built. The figures are in the thousands of units.

1404K; 6.2% 1340K -