Date
GMT+01:00
Event Value
Jun, 19 23:45
★★★
GDP
GDP
Country:
Date: Jun, 19 23:45
Importance: High
Previous: -0.1%; -0.3%
Forecast: 0.1%
Actual: -
Period: 1 quarter

A comprehensive measure of a New Zealand 's overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. Economic expansion, indicated by a growing GDP, raises concerns about inflationary pressure.

GDP calculates the total market value of goods and services produced in New Zealand within a given period after deducting the cost of goods and services used up in the process of production. Therefore, GDP excludes intermediate goods and services and considers final aggregates only. It is calculated as:

GDP = C + I + G + (EX - IM)

where

C = private consumption
I = private investment
G = government expenditure
EX = exports of goods and services
IM = imports of goods and services

The headline figures for GDP are the percentage growth rate from the previous quarter and the annualized percentage change in GDP. These are the preliminary figures, and are usually revised every following month.

-0.1%; -0.3%
Jun, 20 05:30
★★
SNB Financial Stability Report
SNB Financial Stability Report
Country:
Date: Jun, 20 05:30
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: 2024 год
In its Financial Stability Report, the Swiss National Bank presents its assessment of the Swiss banking sector's stability. The Bank publishes this report as part of its contribution to the stability of the financial system – a task assigned to it under the new National Bank Act. In the Financial Stability Report, the National Bank focuses on trends that are observable at the levels of the banking system, the financial markets and the macroeconomic environment. The main purpose of the report for the National Bank is to draw attention to strains or imbalances which could pose a threat to system stability in the short or the longer term. The Bank thus tracks developments in the banking sector from a macroprudential perspective. This task supplements that assigned to the Swiss Financial Market Supervisory Authority (FINMA), which is responsible for supervision of the banks at the level of the individual institutions (microprudential supervision).
Jun, 20 07:00
PPI
PPI
Country:
Date: Jun, 20 07:00
Importance: Low
Previous: 0.2%; -3.3%
Forecast: 0.1%
Actual: -
Period: May

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

0.2%; -3.3%
Jun, 20 07:00
Trade Balance
Trade Balance
Country:
Date: Jun, 20 07:00
Importance: Low
Previous: 4.32
Forecast: -
Actual: -
Period: May

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.

4.32
Jun, 20 08:30
★★★
SNB Basic Interest Rate
SNB Basic Interest Rate
Country:
Date: Jun, 20 08:30
Importance: High
Previous: 1.50%
Forecast: 1.38%
Actual: -
Period: Jun
The National Bank of Switzerland introduced a new key rate, abandoning its binding to Libor. One of the most important indicators for currency. Rising rates or even the intention to tighten policies contribute to the growth of the currency.
1.50%
Jun, 20 08:30
★★★
SNB Monetary Policy Assessment
SNB Monetary Policy Assessment
Country:
Date: Jun, 20 08:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

It's the primary tool the SNB Governing Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future rate decisions.

Jun, 20 09:00
ECB Economic Bulletin
ECB Economic Bulletin
Country:
Date: Jun, 20 09:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: Jun
In 2015 the Economic Bulletin replaced the Monthly Bulletin. The Economic Bulletin is published two weeks after the monetary policy meeting of the Governing Council of the ECB. Issues published after the monetary policy meetings in March, June, September and December provide a comprehensive analysis of economic and monetary developments, including a discussion of the Eurosystem/ECB staff macroeconomic projections for the euro area. Other issues are shorter and provide an interim update on developments in key monthly indicators.
Jun, 20 09:30
★★★
SNB Press Conference
SNB Press Conference
Country:
Date: Jun, 20 09:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
Press Conference SNB takes half an hour after the decision on the bet. Speech may contain unexpected declarations that move markets, but the main remarks solutions will be available a bit earlier during the announcement of the rate decision.
Jun, 20 10:00
10-y Bond Auction
10-y Bond Auction
Country:
Date: Jun, 20 10:00
Importance: Low
Previous: 4.072%; 3.52
Forecast: -
Actual: -
Period: Jun
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.
4.072%; 3.52
Jun, 20 12:00
★★★
BoE Interest Rate Decision
BoE Interest Rate Decision
Country:
Date: Jun, 20 12:00
Importance: High
Previous: 5.25%
Forecast: 5.25%
Actual: -
Period: Jun

The announcement of whether the Bank of England has increased, decreased or maintained the key interest rate. The BoE meets monthly to decide on monetary policy. After each meeting policy decisions are announced. The main task of the Bank of England's Monetary Policy Committee is to set the monetary stance by fixing the overnight borrowing rate, which is incremental in determining the short-term rates. Through this mechanism, the BoE attempts to affect price levels in order to keep inflation within the target range while maintaining stable economic growth and employment.

The BOE Rate decision has great influence on financial markets. Changes in rates affect interest rates for consumer loans, mortgages, bond, and the exchange rate of the pound. Increases in rates or even expectations of increases tend to cause the pound to appreciate, while rate decreases cause the currency to depreciate.

5.25%
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