Federal Tax Revenues

164147000000

Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation.

Central Government Debt

In Turkey, Government Debt refers to the central government gross debt stock in local and foreign currencies.

Consumer Confidence Flash

-22

In Euro Area, the Consumer Economic Sentiment Indicator measures the level of optimism that consumers have about the economy. The survey is made by phone and covers 23 000 households in the Euro Area. The number of households sample varies across the zone. The questions focus on current economic and financial situation, savings intention as well as on expected developments regarding: consumer price indexes, general economic situation and major purchases of durable goods. The Consumer ESI measures consumer confidence on a scale of -100 to 100, where -100 indicate extreme lack of confidence, 0 neutrality and 100 extreme confidence.

Wholesale Sales MoM Prel

The Monthly Wholesale Trade Survey presents estimates of monthly sales for wholesale merchants in Canada, providing information on the performance of the wholesale trade sector as an important indicator of the health of the Canadian economy. In addition, the business community uses the data to analyse market performance.

ADP Employment Change

The ADP Canada National Employment Report measures the change in total nonfarm payroll employment in Canada. The Report is based on transactional payroll data of companies served by ADP Canada. It includes data for more than 2 million employees working in the following industries: manufacturing; construction; natural resources and mining; trade/transportation and utilities; information; finance/real estate; professional/business services including professional/technical, management of companies and administrative and support; education and health care including educational services and health care; leisure and hospitality and other services including public administration.

New Housing Price Index YoY

11%

New Housing Price Index MoM

1.2%

In Canada, New Housing Price Index (NHPI) measures changes over time in the contractors' selling prices of new residential houses, where specifications of each house remain the same between two consecutive periods.

Foreign Exchange Reserves

In India, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.

Bank Loan Growth YoY

In India, bank loan growth refers to the year-over-year change of the overall commercial banks credit to the economy, including food credit, non-food credit and loans, cash credit and overdrafts.

Deposit Growth YoY

In India, deposit growth refers to the year-over-year change of the commercial banks deposits.

Foreign Exchange Reserves

In Turkey, Foreign Exchange Reserves refer to gross foreign exchange reserves held or controlled by the country's central bank, excluding gold.

CBI Industrial Trends Orders

14

In the United Kingdom, the Confederation of British Industry‘s Industrial Trends Survey of total order book balance tracks changes in the level of factory orders from around 500 companies across 38 sectors of manufacturing industry. The survey covers domestic and export orders, stocks, price, investment intentions and output expectations. For each variable, manufacturers are asked if present situation is above normal, normal or below normal. The results are presented as a weighted percentage balance, that is, the difference between the percentage of respondents replying more or up to each question minus the percentage replying less or down.

Wholesale Prices MoM

2.5%

In Ireland, Wholesale Price Inflation MoM measures a month-over-month change in the price of goods and services sold by manufacturers and producers in the wholesale market.

Wholesale Prices YoY

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.

Private Consumption YoY

4.5%

In Portugal, private consumption year-on-year refers to the annual change of the coincident indicator for the Portuguese personal consumption that includes eight major indicators: real private consumption; real retail trade turnover index; sales of light passenger vehicles; retail sales volume (trade survey); tourism nights spent by residents in Portugal; real industrial turnover index of consumer goods in the domestic market; households’ financial situation; and general economic situation (consumers’ survey).

Economic Activity YoY

5.6%

In Portugal, economic activity year-on-year refers to the annual change of the coincident indicator for the Portuguese economy activity that includes eight major indicators: real GDP; retail sales volume (retail trade survey); sales of heavy commercial vehicles; cement sales; manufacturing production index; households’ financial situation (consumer survey); new job vacancies; and an external environment proxy.

Consumer Confidence

-14

In Belgium, the consumer confidence indicator supplies concise information on consumers’ confidence regarding the progress of the economy. The index is based on a monthly telephone survey of more than 1,000 consumers on their outlook for the country's job and economic prospects as well as their own financial situation and ability to save money. The index is the balance of positive and negative replies, with a figure of zero meaning Belgians are evenly split on whether things will improve or worsen for consumers in the next year.

Unemployment Rate

4.7%

In Luxembourg, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Construction Output YoY

20.9%

The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering.

Employment Growth YoY

2.4%

In Poland, employment growth refers to the annual change of employment in the enterprise sector, which concerns units employing more than 9 persons and conducting economic activity within the scope of the following areas: forestry and logging; marine fishing; mining and quarrying; manufacturing; electricity, gas, steam and air conditioning supply; water supply; sewerage, waste management and remediation activities; construction; wholesale and retail trade; repair of motor vehicles and motorcycles; transportation and storage; accommodation and food service activities; information and communication; real estate activities; legal and accounting activities; activities of head offices; management consultancy activities; architectural and engineering activities; technical testing and analysis; advertising and market research; other professional, scientific and technical activities; administrative and support service activities; arts, entertainment and recreation; repair of computers and personal and household goods; other personal service activities.

PPI YoY

20%

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.

Corporate Sector Wages YoY

12.4%

In Poland, Corporate Sector Wages measures year over year change in average monthly gross wage in the enterprise sector.

Industrial Production YoY

17.3%

In Poland, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 86 percent of total production. The biggest segments within Manufacturing are: food products (16 percent of total production); motor vehicles, trailers and semi-trailers (10 percent); metal products (7 percent), rubber and plastic products (6 percent), electrical equipment (5 percent), coke and refined petroleum products (5 percent), chemicals and chemical products (4 percent), other non-metallic mineral products (4 percent), and basic metals (4 percent). Electricity, gas, steam and air conditioning supply accounts for 8 percent of total output; Mining and quarrying for 3 percent; and Water supply; sewerage, waste management and remediation activities for 2 percent.

S&P Global Composite PMI Flash

54.3

In Germany, the Germany Composite Output Index tracks business trends across both the manufacturing and service sectors, based on data collected from a representative panel of over 1,000 companies (50 percent from the manufacturing sector and 50 percent from the services sector). The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining.

BoE Pill Speech

In the United Kingdom, benchmark interest rate is set by the Monetary Policy Committee (MPC). The Bank of England official interest rate is the repo rate. This repo rate applies to open market operations of the Bank of England with a group of counterparties (banks, building societies, securities firms).

Consumer Confidence

67.3

In Turkey, Consumer Tendency Survey aims to measure present situation assessments and future period expectations of consumers' on personal financial standing and general economic course and to determine consumers' expenditure and saving tendencies for near future. The survey covers a randomly selected sample of all individuals at the age of 15 and above having a job in urban and rural areas. The index is evaluated between 0 and 200. The reading above 100 means consumers are optimistic and below 100 are pessimistic.

Industrial Production YoY

7.3%

In Switzerland, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.

PPI MoM

In Germany, the Producer Price Inflation MoM measures a month-over-month change in the price of goods and services sold by manufacturers and producers in the wholesale market.

PPI YoY

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.

Consumer Confidence

-20.9

In Denmark, the consumer confidence indicator analyzes the consumer climate through questions about the economic situation as perceived by consumers at a given time concerning both the general economic situation in Denmark and the financial situation of the family. At present an omnibus survey consists of a sample of about 1,500 persons, drawn from a population of persons aged 16-74 years residing in Denmark.

Retail Sales MoM

In the United Kingdom, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In the United Kingdom, Retail sales are seasonal, volatile and relatively important to the overall economy.

Retail Sales ex Fuel MoM

-1.1%

In the United Kingdom, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In the United Kingdom, Retail sales are seasonal, volatile and relatively important to the overall economy.

Retail Sales YoY

0.9%

In the United Kingdom, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.

Retail Sales ex Fuel YoY

-0.6%

In the United Kingdom, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In the United Kingdom, Retail sales are seasonal, volatile and relatively important to the overall economy.

Consumer Confidence

-48

In the Netherlands, the Consumer Confidence survey is made by phone and covers 1,000 households. The questions cover the consumer’s assessments on national economy and own financial situation for the past 12 months and expectations for the coming 12 months. The index is then calculated as a difference between the percentage of participants that are optimistic and the share that is pessimistic. Therefore, the index takes a value between -100 (all respondents assess their situation as poor and expect it to become worse) and 100 (all participants are satisfied with the current situation and expect it to improve); 0 indicates neutrality.

Current Account

1400000000

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

20-Year JGB Auction

0.644%

Credit Card Spending YoY

3.4%

Consumer Inflation Expectations

5.2%

In Australia, Melbourne Institute Inflation Expectations survey measures consumers’ median expectations for price growth over the coming 12 months.

Loan Prime Rate 1Y

3.7%

The People’s Bank of China (PBOC) on August 17th, 2019, designated the Loan Prime Rate (LPR) the new lending benchmark for new bank loans to households and businesses, replacing the central bank’s benchmark one-year lending rate. The rate is based on a weighted average of lending rates from 18 commercial banks, which will submit their LPR quotations, based on what they have bid for PBOC liquidity in open market operations, to the national interbank funding center before 9am CST on the 20th of every month.

Loan Prime Rate 5Y

4.6%

Motorbike Sales YoY

-13.6%

G7 Finance Ministers' and CB Governors' meeting

Inflation Rate YoY

1.2%

In Japan, the most important categories in the consumer price index are Food (25 percent of total weight) and Housing (21 percent). Transportation and communications accounts for 14 percent; Culture and recreation for 11.5 percent; Fuel, light and water charges for 7 percent; Medical care for 4.3 percent; Clothes and footwear for 4 percent. Furniture and household utensils, Education and Miscellaneous goods and services account for the remaining.

Core Inflation Rate YoY

In Japan, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes prices of fresh food.

Inflation Rate MoM

0.4%

Inflation Rate MoM measures month over month change in the price of goods and services.

Inflation Rate Ex-Food and Energy YoY

In Japan, the "core core" inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes prices of fresh food and energy.

Balance of Trade

-392000000

New Zealand is greatly dependent on international trade. New Zealand's economy has traditionally been based on a foundation of exports from its very efficient agricultural system: dairy products, meat, forest products, fruit and beverages. New Zealand imports mainly vehicles, machinery and equipment, petroleum, electronics, plastics and aircraft. Its main trading partners are: China, Australia, the US, Japan and South Korea.

Exports

6670000000

New Zealand’s economy is greatly dependent on international trade. It’s been based traditionally on exports from its very efficient agricultural system. The country exports mainly dairy produce, birds' eggs, natural honey, edible products of animal origin (24 percent of total exports), meat and edible meat offal (14 percent), wood and articles of wood (7 percent), fruit and nuts, peel of citrus fruit or melons (5 percent) and beverages, spirits and vinegar (4 percent). The main export partners are China (18 percent of total exports), Australia (17 percent), the US (12 percent), Japan (6 percent), the UK and South Korea (3 percent each).

Imports

7060000000

New Zealand imports mainly vehicles (13 percent), nuclear reactors, boilers, machinery and mechanical appliances (13 percent), fuels (10 percent), electrical machinery and equipment (8 percent), plastics (4 percent) and aircraft, spacecraft (4 percent). Its major import partners are: China (20 percent of total imports), Australia and the US (12 percent each), Japan (7 percent), Germany (5 percent), Thailand and South Korea (4 percent each).

PPI YoY

8.8%

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.

PPI MoM

1.3%

In South Korea, the Producer Price Inflation MoM measures a month-over-month change in the price of goods and services sold by manufacturers and producers in the wholesale market.

10-Year TIPS Auction

-0.589%

2-Year Bond Auction