Date GMT+00:00 |
Event | Previous | Forecast | Actual | |||||||||||||||
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Feb, 07 07:00 |
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Trade Balance
Trade Balance
The difference between the value of exports and imports in Germany. Trade Balance is one of the biggest components of Germany 's Balance of Payment. As Germany is Europe's largest economy and given Germany's export oriented economy, trade data can give critical insight into pressures on the value of the Euro. In order to gauge the effect of German Trade Balance on the Euro, German trade is separated into intra-Eurozone trades and extra-Eurozone trades. Intra-trades between Germany and Eurozone countries have no affect on the overall valuation of Euro. Extra-trades between Germany and other countries outside of Eurozone do impact the overall Eurozone trade balance. Given Germany's large share of Eurozone exports, the figure tends to move the market upon release. Trade surpluses reflect funds coming into Germany in exchange for goods and services. Such currency inflows may lead to a natural appreciation of a Euro, unless countered by similar capital outflows. At a bare minimum, surpluses will boost up the value of the currency. The headline figure for trade balance is expressed in billions of Euros. |
19.7bln; 20.4bln | 17.1 | - | ||||||||||||||
Feb, 07 07:00 |
★ |
Halifax House Price Index
Halifax House Price Index
A resumptive index of house prices reflecting prices for new constructions and resale real estate markets. As all indices connected with the construction industry it can be seasonally adjusted. The Halifax House Price Index is the UK's longest running monthly house price series with data covering the whole country going back to January 1983. |
-0.2%; 3.3% | 0.4% | - | ||||||||||||||
Feb, 07 07:00 |
★ |
Industrial Production
Industrial Production
Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Germany. Industrial production is significant as a short-term indicator of the strength of German industrial activity. High or rising Industrial Production figures suggest increased production and economic expansion, healthy for the Euro. However, uncontrolled levels of production and consumption can spark inflation. The report is only a preliminary estimate figure that does not move the markets much. The figure is released in headlines as a monthly percent change. |
1.5%; -2.8% | -0.7% | - | ||||||||||||||
Feb, 07 07:00 |
★ |
Trade Balance
Trade Balance
The difference between the value of exports and imports in Germany. Trade Balance is one of the biggest components of Germany 's Balance of Payment. As Germany is Europe's largest economy and given Germany's export oriented economy, trade data can give critical insight into pressures on the value of the Euro. In order to gauge the effect of German Trade Balance on the Euro, German trade is separated into intra-Eurozone trades and extra-Eurozone trades. Intra-trades between Germany and Eurozone countries have no affect on the overall valuation of Euro. Extra-trades between Germany and other countries outside of Eurozone do impact the overall Eurozone trade balance. Given Germany's large share of Eurozone exports, the figure tends to move the market upon release. Trade surpluses reflect funds coming into Germany in exchange for goods and services. Such currency inflows may lead to a natural appreciation of a Euro, unless countered by similar capital outflows. At a bare minimum, surpluses will boost up the value of the currency. The headline figure for trade balance is expressed in billions of Euros. |
19.7bln; 20.4bln | 17.1 | - | ||||||||||||||
Feb, 07 07:45 |
★ |
Change in Private Payrolls
Change in Private Payrolls
Change in the number of employed people, excluding the farming industry and government.
|
0.1% | -0.1% | - |