Date
GMT+01:00
Event Previous Forecast Actual
Apr, 08 03:00
★★★
RBNZ Rate Statement
RBNZ Rate Statement
Country:
Date: Apr, 08 03:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The Reserve Bank of New Zealand (RBNZ) releases this statement in connection to its recent decision on short-term interest rates. Interest rates are a primary determinant of a currency's value and these statements are used by traders to determine future monetary policy decisions.

- - -
Apr, 08 06:00
Economy Watchers Survey
Economy Watchers Survey
Country:
Date: Apr, 08 06:00
Importance: Low
Previous: 48.9; 50.0
Forecast: 47.9
Actual: -
Period: Mar

The Economy Watchers Survey asks business-cycle sensitive workers their thoughts on existing and future economic conditions, giving a detailed picture of economic trends in Japan . The survey is based on questionnaires from 'man on the street' sectors that are particularly vulnerable to business cycle turns. These segments of the economy include sectors such as retail, restaurant service and taxi driving. With this combined data the Japanese Eco Watchers report serves as both a consumer confidence indicator and a leading indicator for the rest of the economy. The report is usually released less than two weeks after the reporting month, thus its statistics are usually very timely. The headline number is released where 50 represents the center midpoint line of boom/bust sentiment.

48.9; 50.0 47.9 -
Apr, 08 07:00
Factory Orders
Factory Orders
Country:
Date: Apr, 08 07:00
Importance: Low
Previous: -11.1%; 3.7%
Forecast: 3.2%
Actual: -
Period: Feb

Dollar volume of new orders, shipments, unfilled orders and inventories as reported by domestic manufacturers. Factory Orders is not a widely watched economic release.

Factor Orders does provide a comprehensive look at the manufacturing sector. Specifically, the New Orders figure can act as a gauge of demand across industries while Shipments are indicative of supply. The Unfilled Orders and Inventory figures reconcile the balance between New Orders and Shipments; high Shipments are indicative of an excess of demand relative to supply, high Inventories signal an excess of supply over demand.

Figures are reported in billions of dollars and also in percent change from the previous month.

On a Technical Note: The New Orders figure measures the value of orders received by manufacturers for new products from both domestic and foreign sources. The total value of products shipped is calculated in Shipments while Unfilled Orders measures the value of goods backlogged for order but not yet shipped. Lastly, Inventories gauges the amount of unsold goods held by manufacturers.

-11.1%; 3.7% 3.2% -
Apr, 08 07:45
Trade Balance
Trade Balance
Country:
Date: Apr, 08 07:45
Importance: Low
Previous: -1.8
Forecast: 2.3
Actual: -
Period: Feb

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.

-1.8 2.3 -
Apr, 08 08:00
Unemployment Rate
Unemployment Rate
Country:
Date: Apr, 08 08:00
Importance: Low
Previous: 3.0%; 3.2%
Forecast: 3.0%
Actual: -
Period: Mar

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

High unemployment translates into lower average wages and reduced consumer spending. As consumer spending is the majority of total expenditure, rising unemployment often leads to slow economic growth. In addition, high or rising unemployment puts downward pressure on interest rates and leads to a depreciating Franc.

3.0%; 3.2% 3.0% -