Stock Investment by Foreigners

1167000000000

Foreign Investments in Japanese Stocks refers to the net difference between inflow and outflow of investments in Japanese stock market by foreigners.

Foreign Bond Investment

-310900000000

The net data shows the difference between acquisition and disposition of long-term debt securities: a plus sign indicates net purchases of foreign securities by Japanese investors; a minus sign indicates net selling and inflows of funds into Japan. It excludes Bank of Japan.

Net Payrolls

166620

In Brazil, net payrolls refer to the change in total formal employment, that is, the difference between admitted and dismissed.

5-Year Note Auction

3.983%

Fed Barkin Speech

In the United States, the authority to set interest rates is divided between the Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC). The Board decides on changes in discount rates after recommendations submitted by one or more of the regional Federal Reserve Banks. The FOMC decides on open market operations, including the desired levels of central bank money or the desired federal funds market rate.

10-Year Bond Auction

3.41%

Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

Unemployment Rate

2.2%

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

Retail Sales YoY

1.2%

In Russia, 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.

Industrial Production YoY

1.9%

In Russia, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 55 percent of total production. The biggest segments within manufacturing are: metallurgy (9.6 percent); coke and refined petroleum products (9.5 percent); food beverages and tobacco (8.4 percent); chemicals (4 percent); machinery and equipment (3.8 percent); transport (3.7 percent) and electrical equipment (3.4 percent). Mining and quarrying accounts for 35 percent, and natural gas and crude oil exploration represents 29 percent of total output. Also, electricity, gas and water supply accounts for 11 percent.

Business Confidence

-0.1

In Russia, the business confidence index measures morale among manufacturers. The index is calculated as the arithmetic average balances of assessments of actually existing levels of demand, stocks of finished products (with opposite sign) as well as change in output expected in the next 3 months. The index shows the difference between the percentage share of executives that are optimistic and the percentage of that is pessimistic. The index takes a value between -100 (all responding entities asses their situation as poor and expect it to become worse) up to 100 (all participants are satisfied with the current situation and expect it to improve); 0 indicates neutrality.

Corporate Profits

11590000000000

Corporate Profits in Russia is balanced financial result (profit minus loss) of organizations, excluding small businesses, banks, insurance companies and budgetary institutions. Corporate Profits is cumulative value.

Real Wage Growth YoY

4.2%

In Russia, Real Wage Growth measures the year-on-year change in average monthly wages adjusted for inflation.

17-Week Bill Auction

4.05%

2-Year FRN Auction

0.159%

EIA Gasoline Stocks Change

-2720000

Stocks of gasoline refers to the weekly change of the gasoline supply situation.

EIA Crude Oil Stocks Change

-6014000

Stocks of crude oil refer to the weekly change of the crude oil supply situation.

EIA Heating Oil Stocks Change

-503000

EIA Distillate Fuel Production Change

193000

EIA Cushing Crude Oil Stocks Change

419000

Change in the number of barrels of crude oil held in storage at the Cushing, Oklahoma during the past week.

EIA Crude Oil Imports Change

-1218000

EIA Distillate Stocks Change

2343000

EIA Gasoline Production Change

-259000

EIA Refinery Crude Runs Change

28000

Crude Runs refer to the volume of crude oil consumed by refineries.

Balance of Trade

514000000

Mexico's main exports are manufactured products (88 percent of total shipments) , followed by oil and oil products (7 percent), the agricultural sector with (4 percent). Main imports are: metallic products, machinery and equipment (59 percent of total purchases), oil products (12 percent) and agricultural goods (3 percent). The country's top trading partner is the United States (72 percent of total exports and 38 percent of total imports). Others include: China, Japan and Germany. In 2022, trade between Mexico and the United States reached USD 738 billion, with Mexico posting a surplus of near USD 208 billion.

Bank Lending MoM

0.5%

Loan Growth in Brazil refers to the monthly change in total credit outstanding, including public and private lending.

MBA 30-Year Mortgage Rate

6.68%

MBA 30-Year Mortgage Rate is average 30-year fixed mortgage lending rate measured during the reported week and backed by the Mortgage Bankers Association.

MBA Purchase Index

160.3

MBA Mortgage Applications

-1.4%

In the US, the MBA Weekly Mortgage Application Survey is a comprehensive overview of the nationwide mortgage market and covers all types of mortgage originators, including commercial banks, thrift institutions and mortgage banking companies. The entire market is represented by the Market Index which covers all mortgage applications during the week, whether for a purchase or to refinance. The survey covers over 75% of all US retail residential mortgage applications.

MBA Mortgage Market Index

277.1

The MBA Weekly Mortgage Application Survey is a comprehensive overview of the nationwide mortgage market and covers all types of mortgage originators, including commercial banks, thrift institutions and mortgage banking companies. The entire market is represented by the Market Index which covers all mortgage applications during the week. This includes all conventional and government applications, all fixed-rate mortgages (FRMs), all adjustable-rate mortgages (ARMs), whether for a purchase or to refinance.

MBA Mortgage Refinance Index

926.1

The MBA Weekly Mortgage Application Survey is a comprehensive overview of the nationwide mortgage market and covers all types of mortgage originators, including commercial banks, thrift institutions and mortgage banking companies. The entire market is represented by the Market Index which covers all mortgage applications during the week. This includes all conventional and government applications, all fixed-rate mortgages (FRMs), all adjustable-rate mortgages (ARMs), whether for a purchase or to refinance.

Unemployment Benefit Claims

-21600

In France, unemployment benefit claims refer to the change in number of people claiming unemployment benefits in mainland France.

Jobseekers Total

2980600

The jobseekers total in France refers to the registered number of unemployed at the end of the month at employment center which are obliged to actively seek a job.

CBI Distributive Trades

-34

The Confederation of British Industry's (CBI) monthly retail sales balance is a gauge of retail sales versus a year ago. The reading is compiled from a survey of about 150 retail and wholesale companies. It includes measures of sales activity across the distributive trades. It is a leading indicator of consumer spending. The figure is the difference between the percentage of retailers reporting an increase in sales and those reporting a decrease.

7-Year Bund Auction

2.05%

6-Month BOT Auction

2.003%

Treasury Gilt 2028 Auction

3.941%

Economic Sentiment Index

2.4

In Switzerland, the CS-CFA Society Economic Sentiment Index measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The survey covers up to 350 financial and economic analysts. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. Therefore, the indicator measures the confidence on a scale of -100 (all analysts expect the economy to deteriorate) up to 100 (all analysts expect it to improve). A 0 value indicates neutrality.

UniCredit Bank Manufacturing PMI

48.2

The UniCredit Bank Austria Manufacturing PMI, compiled by S&P Global, is based on monthly survey responses from approximately 300 Austrian manufacturing firms. The panel is stratified by sector and company size, reflecting their GDP contribution. Data collection began in October 1998. Surveys are conducted in the second half of each month and capture changes from the previous month. Results are expressed as diffusion indices, where a reading above 50 indicates expansion, below 50 signals contraction, and 50 denotes no change. All indices are seasonally adjusted. The headline figure—the Purchasing Managers’ Index™ (PMI)—is a weighted composite of five components: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%, inverted), and Stocks of Purchases (10%).

Average Weekly Earnings YoY

5.9%

In Ireland, Average Weekly Earnings YoY measures the year-on-year change of Average Weekly Earnings, which correspond to the total earnings for the quarter divided by the average number of persons employed during the same period divided by 13 (number of weeks in a quarter).

Gross Wage YoY

7.8%

Gross wage measures the year over year change in gross monthly average earnings of full-time employees in the national economy.

GfK Consumer Confidence

-21.7

The GfK Consumer Climate Indicator is based on a survey of 2000 individuals age 14 and above. The questionnaire focuses on income expectations, buying propensity and savings. The components of the indicator are calculated as the difference between positive and negative answers to the questions asked. Their value can vary between minus 100 and plus 100 points with 0 representing the long term average.

Retail Sales MoM

-0.7%

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

Retail Sales YoY

1.3%

In Denmark, 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.

Unemployment Rate

5.5%

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

Household Lending Growth YoY

2.4%

In Sweden, Household Lending Growth refers to the year-on-year change in credit extended to households by domestic MFIs. Lending to households is divided into three categories: housing loans, consumer credit, and other lending. The purpose of a loan is not directly measured, but is approximated by categorizing lending by type of collateral. Housing loans are defined as loans to private individuals or entrepreneurial households with housing as collateral. Consumer credit refers to lending to private individuals, generally without collateral. Other lending includes all other lending, for example lending to non-profit institutions serving households.

Consumer Confidence

-6.4

In Finland, the Statistics of Finland consumer survey expresses consumers’ views and intentions relating to economic matters. The data system of Statistics Finland’s consumer survey is comprised of respondent-specific original data from phones interviews, which may not be disclosed, and published data concerning reply distributions and time series. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend.

Business Confidence

-5

The industrial confidence indicator measures the confidence among executives in the manufacturing sector. It is calculated from the answers to three questions: production expectations in the coming months, order backlog and finished product inventories compared to normal (in reverse).

5-Year Bond Auction

2.05%

BoJ JGB Purchases

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.

Monthly CPI Indicator

1.9%

In Australia, the Monthly CPI Indicator measures monthly changes in the price of a 'basket' of goods and services which account for a high proportion of expenditure by the CPI population group (i.e. metropolitan households).

Construction Work Done QoQ

-0.3%

In Australia, construction output refers to the quarter-over-quarter change in the value of construction work done, including building and engineering for both the private and public sectors.

Industrial Profits (YTD) YoY

-1.8%

In China, corporate profits refer to total profits of all state-owned industrial enterprises and non-state-owned industrial enterprises with the annual sales revenue above 5 million yuan.

Westpac Leading Index MoM

-0.03%

The Westpac-Melbourne Institute Leading Index of Economic Activity combines a selection of economic variables that typically lead fluctuations in economic activity into a single measure that provides a reliable cyclical indicator for the Australian economy. The index includes the following components: S&P/ASX 200, dwelling approvals, US industrial production, RBA Commodity Prices Index (A$), aggregate monthly hours worked, Westpac-MI CSI expectations index, Westpac-MI Unemployment expectations index, yield spread (10Y bond – 90D bill). The index has a base value of 100 as of 1996.

Ganesh Chaturthi