Date
GMT+01:00
Event Value
Jul, 18 07:00
Trade Balance
Trade Balance
Country:
Date: Jul, 18 07:00
Importance: Low
Previous: 3.41bln
Forecast: 3.21bln
Actual: -
Period: Jun

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.

3.41bln
Jul, 18 09:30
★★★
Retail Sales With Auto Fuel
Retail Sales With Auto Fuel
Country:
Date: Jul, 18 09:30
Importance: High
Previous: -0.5% m/m; 2.3% y/y
Forecast: -0.3% m/m; 2.6% y/y
Actual: -
Period: Jun

Change in the total value of inflation-adjusted sales at the retail level with auto fuel. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

-0.5% m/m; 2.3% y/y
Jul, 18 09:30
★★
Retail Sales Ex Auto Fuel
Retail Sales Ex Auto Fuel
Country:
Date: Jul, 18 09:30
Importance: Medium
Previous: -0.3% m/m; 2.2% y/y
Forecast: -0.2% m/m; 2.6% y/y
Actual: -
Period: Jun

A monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence.

-0.3% m/m; 2.2% y/y
Jul, 18 09:30
★★
BoE Credit Conditions Survey
BoE Credit Conditions Survey
Country:
Date: Jul, 18 09:30
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -

As part of its mission to maintain monetary stability and financial stability, the Bank needs to understand trends and developments in credit conditions. This survey for bank and non-bank lenders is an input to this work. Lenders are asked about the past three months and the coming three months. The survey covers secured and unsecured lending to households and small businesses; and lending to non-financial corporations, and to non-bank financial firms.

Jul, 18 09:30
10-y Bond Auction
10-y Bond Auction
Country:
Date: Jul, 18 09:30
Importance: Low
Previous: 0.257%; 1.22
Forecast: -
Actual: -
Period: Jul
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
0.257%; 1.22
Jul, 18 09:30
30-Year Bonds Auction
30-Year Bonds Auction
Country:
Date: Jul, 18 09:30
Importance: Low
Previous: 1.165%; 1.19
Forecast: -
Actual: -
Period: Jul
Bonds with the longest maturity.
1.165%; 1.19
Jul, 18 13:30
ADP Non-Farm Employment Change
ADP Non-Farm Employment Change
Country:
Date: Jul, 18 13:30
Importance: Low
Previous: -16.0K
Forecast: -
Actual: -
Period: Jun
Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity. ADP analyzes payroll data from more than 2 million workers to derive employment growth estimations.
-16.0K
Jul, 18 13:30
★★
Philadelphia Fed Manufacturing Index
Philadelphia Fed Manufacturing Index
Country:
Date: Jul, 18 13:30
Importance: Medium
Previous: 0.3
Forecast: 5.0
Actual: -
Period: Jul

It is a survey conducted by the Philadelphia Fed questioning manufacturers in the Third Federal Reserve District on general business conditions. Conducted since 1968, the "Philly Fed" survey is an established report, valued for its timeliness, scope of coverage and tendency to forecast developments in the market moving ISM Manufacturing figure.

Higher Philadelphia Fed Survey figures indicate a positive outlook from manufacturers suggesting increased production. Higher production contributes to economic growth, which is generally bullish for the dollar.

Results are calculated as the difference between percentage of positive and negative scores; zero acts as the centerline point.

0.3
Jul, 18 13:30
★★
Unemployment Claims
Unemployment Claims
Country:
Date: Jul, 18 13:30
Importance: Medium
Previous: 209K
Forecast: 216K
Actual: -
Period: Jul

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

209K
Jul, 18 13:30
Continuing Claims
Continuing Claims
Country:
Date: Jul, 18 13:30
Importance: Low
Previous: 1723K
Forecast: 1700K
Actual: -
Period: Jul

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.

1723K
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