EIA Natural Gas Stocks Change

74000000000cf

Natural Gas Stocks Change refers to the weekly change of the natural gas supply situation.

Ivey PMI s.a

59.8

The Ivey Purchasing Managers Index (PMI) is an economic index which measures the month to month variation in economic activity as indicated by a panel of purchasing managers from across Canada, and is prepared by the Ivey Business School at Western University. The PMI includes both the public and private sectors and is based on month end data Ivey PMI panel members indicate whether their organizations activity is higher than, the same as, or lower than the previous month across the following five categories: purchases, employment, inventories, supplier deliveries and prices. A value above 50 indicates an increase in purchases from the previous month and a value below 50 indicates a decrease.

CNB Interest Rate Decision

3.5%

In Czech Republic benchmark interest rate is set by the Czech National Bank (Ceská Národní Bank CNB). The official interest rate is the two-week repo rate, a rate at which commercial banks are allowed to place excess funds at the end of the day with the Central Bank.

Unit Labour Costs QoQ Prel

1%

Labor Costs refers to the relationship between compensation per hour and labor productivity, or real output per hour, and can be used as an indicator of inflationary pressure on producers.

Nonfarm Productivity QoQ Prel

3.3%

In the United States, the productivity of nonfarm workers is measured as the output of goods and services per hour worked. Labor productivity is calculated by dividing an index of real output by an index of hours worked of all persons, including employees, proprietors, and unpaid family workers.

Challenger Job Cuts

54064

Challenger Job-Cut Report provides information on the number of announced corporate layoffs by industry and region.

BoE Interest Rate Decision

4%

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).

MPC Meeting Minutes

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).

BoE MPC Vote Cut

2/9

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).

BoE MPC Vote Hike

0/9

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).

BoE MPC Vote Unchanged

7/9

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).

BoE Monetary Policy Report

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).

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.

Summary of the Key Rate Discussion

In Russia, interest rate decisions are taken by the Central Bank of the Russian Federation. From September 16th of 2013, the official interest rate is the one-week auction repo rate. Until September 15th of 2013, the official interest rate was the refinancing rate, which was seen as a ceiling for borrowing money and a benchmark for calculating tax payments.

12-Month DTB Auction

6.21%

2035 OAT Auction

3.51%

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.

2042 OAT Auction

4.04%

Inflation Rate MoM

0.6%

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

Inflation Rate YoY

-0.7%

In Cyprus, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (19 percent of total weight). Transport accounts for 15 percent; Housing and Utilities for 11 percent; Miscellaneous Goods and Services for 9 percent; Restaurants and Hotels for 8 percent and Clothing and Footwear for 7 percent. Furniture, Household Goods and Maintenance; Health; Recreation and Culture; Communication; Education and Alcoholic Beverages and Tobacco account for the remaining 30 percent of total weight.

Retail Sales MoM

0.1%

In the Euro Area, retail sales show the evolution of the total amount of goods sold. Among them, food drinks and tobacco account for the highest share (39.3 percent); followed by electrical goods and furniture (12.0 percent share); computer equipment books and other (11.4 percent share); pharmaceutical and medical goods (9.9 percent share); textiles, clothing, footwear (9.2 percent share); auto fuel (9.1 percent share); other non-food products (6.0 percent share) and mail orders and internet (2.9 percent share). Among countries, Germany has the highest weight (25.9 percent), followed by France (21.7 percent), Italy (16.1 percent) and Spain (11.4 percent). Others are Netherlands (5.2 percent); Belgium (4.3 percent); Greece (3.0 percent); Austria (2.8 percent); Portugal (2.4 percent); Finland (1.8 percent); Ireland (1.7 percent); Luxembourg and Slovakia (0.8 percent each); Slovenia (0.6 percent); Lithuania (0.4 percent); Latvia and Cyprus (0.3 percent); Estonia (0.2 percent) and Malta (0.1 percent).

Retail Sales YoY

1%

In the Euro Area, retail sales show the evolution of the total amount of goods sold. Among them, food drinks and tobacco account for the highest share (39.3 percent); followed by electrical goods and furniture (12.0 percent share); computer equipment books and other (11.4 percent share); pharmaceutical and medical goods (9.9 percent share); textiles, clothing, footwear (9.2 percent share); auto fuel (9.1 percent share); other non-food products (6.0 percent share) and mail orders and internet (2.9 percent share). Among countries, Germany has the highest weight (25.9 percent), followed by France (21.7 percent), Italy (16.1 percent) and Spain (11.4 percent). Others are Netherlands (5.2 percent); Belgium (4.3 percent); Greece (3.0 percent); Austria (2.8 percent); Portugal (2.4 percent); Finland (1.8 percent); Ireland (1.7 percent); Luxembourg and Slovakia (0.8 percent each); Slovenia (0.6 percent); Lithuania (0.4 percent); Latvia and Cyprus (0.3 percent); Estonia (0.2 percent) and Malta (0.1 percent).

2049 OAT Auction

7-Year Obligacion Auction

2.922%

15-Year Obligacion Auction

3.739%

10-Year Obligacion Auction

3.085%

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.

Obligacion Auction

10-Year Index-Linked Obligacion Auction

1.49%

Bonos Auction

S&P Global Construction PMI

46.2

In the United Kingdom, the Markit / Chartered Institute of Purchasing and Supply Purchasing Managers Index measures the performance of the construction sector and is derived from a survey of 170 construction companies. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact [email protected] for more details.

DMP 1Y CPI Expectations

3.5%

DMP 1Y CPI Expectations represent the anticipated rate of Consumer Price Index (CPI) inflation over the next 12 months, as reported by UK businesses. These expectations are gathered through the Decision Maker Panel (DMP) — a monthly survey of Chief Financial Officers from small, medium, and large firms across the UK. The Bank of England uses the DMP to monitor economic conditions and gain insight into business sentiment and inflation expectations.

DMP 3M Output Price Expectations

3.7%

DMP 3M Output Price Expectations reflect the average expected output price growth over the next 12 months, based on a three-month rolling average. These expectations are reported by UK businesses through the Decision Maker Panel (DMP) — a monthly survey of Chief Financial Officers from small, medium, and large firms. The Bank of England uses the DMP to monitor economic trends and assess business views on inflation and pricing pressures.

Norges Bank Interest Rate Decision

4%

In Norway, benchmark interest rate is set by the Central Bank of Norway (Norges Bank). The official interest rate is the key policy rate, also known as sight deposit rate.

HCOB Construction PMI

46.2

The Germany Construction Purchasing Managers’ Index® is based on original survey data collected from a representative panel of over 200 companies based in the German construction sector. Data are collected at mid-month, asking respondents to compare a variety of construction conditions with the situation one month ago. A reading of below 50.0 indicates that the construction activity is generally declining, above 50.0 that it is generally expanding and exactly 50.0 indicates no change on the level recorded the previous month. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact [email protected] for more details.

ECB Guindos Speech

In the Euro Area, benchmark interest rate is set by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability which is to keep inflation below, but close to 2 percent over the medium term. In times of prolonged low inflation and low interest rates, ECB may also adopt non-standard monetary policy measures, such as asset purchase programmes. The official interest rate is the Main refinancing operations rate.

HCOB Construction PMI

46

Data are collected at mid-month, asking respondents to compare a variety of business conditions with the situation one month ago. A reading of below 50.0 indicates that the economy is generally declining, above 50.0 that it is generally expanding and exactly 50.0 indicates no change on the level recorded the previous month. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact [email protected] for more details.

HCOB Construction PMI

42.9

Data are collected at mid-month, asking respondents to compare a variety of business conditions with the situation one month ago. A reading of below 50.0 indicates that the economy is generally declining, above 50.0 that it is generally expanding and exactly 50.0 indicates no change on the level recorded the previous month. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact [email protected] for more details.

HCOB Construction PMI

49.8

Survey responses reflect the change, if any, in the current month compared to the previous month based on data collected mid-month. For each of the indicators the ‘Report' shows the percentage reporting each response, the net difference between the number of higher/better responses and lower/worse responses, and the ‘diffusion' index. This index is the sum of the positive responses plus a half of those responding ‘the same'. Diffusion indexes have the properties of leading indicators and are convenient summary measures showing the prevailing direction of change. An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact [email protected] for more details.

ECB Schnabel Speech

In the Euro Area, benchmark interest rate is set by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability which is to keep inflation below, but close to 2 percent over the medium term. In times of prolonged low inflation and low interest rates, ECB may also adopt non-standard monetary policy measures, such as asset purchase programmes. The official interest rate is the Main refinancing operations rate.

Unemployment Rate

2.8%

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

Wholesale Prices MoM

0.3%

The wholesale price index reflects the prices trends for goods that are sold by wholesale enterprises. The prices of the 387 items contained in the basket of goods are surveyed at around 200 wholesale enterprises, which voluntarily provide approximately 1400 wholesale selling prices (exclusive VAT) every month.

Wholesale Prices YoY

1.2%

The wholesale price index reflects the prices trends for goods that are sold by wholesale enterprises. The prices of the 387 items contained in the basket of goods are surveyed at around 200 wholesale enterprises, which voluntarily provide approximately 1400 wholesale selling prices (exclusive VAT) every month.

Balance of Trade

-1886300000

Austria's economy is dependent on foreign trade and closely linked to the economies of other EU countries, particularly Germany. The major export commodity in Austria is the automobile and its components, machinery and paper products. Austria imports mainly machinery and equipment, motor vehicles, chemicals, metal goods, oil and oil products and foodstuffs.

Bundesanleihe 2025-2035/1 Auction

2.997%

Industrial Production MoM

-1.1%

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

Industrial Production YoY

-1.3%

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

Construction Output YoY

17.1%

In Czech Republic, construction output refers to year over year change in construction work performed by enterprises whose principal activity is classified as construction.

Balance of Trade

5600000000

Czech Republic is intensively involved in international trade. It engages in the export of numerous manufactured goods that are used in the production of automobiles, furniture, and electrical appliances. Czech Republic imports mainly machinery and transportation equipment, raw materials, fuels and chemicals. European Union is by far its largest trading partner, accounting for about 83% of exports and 65% of imports.

Industrial Production YoY

3.4%

In Spain, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 82 percent of total production. The biggest segments within Manufacturing are: Food products (12 percent of total production); fabricated metal products, except machinery and equipment (9 percent); motor vehicles, trailers and semi-trailers (6 percent); chemicals and chemical products (6 percent); other non-metallic mineral products (5 percent); rubber and plastic products (4 percent); machinery and equipment (4 percent); basic metals (4 percent); and beverages (4 percent). Electricity, gas, steam and air conditioning account for 14 percent of total output; Water supply, sewerage, waste management and remediation account for 3 percent; and Mining and quarrying account for 1 percent.

Private Non Farm Payrolls QoQ Prel

0.2%

In France, Payroll Employment in the Private Sector refers to the number of persons, regardless of work duration, in employment on the last day of the quarter. Employment estimates are in all sectors. Until the third quarter of 2010, data refers only to mainland France. From the fourth quarter of 2010 onwards, employment estimates cover all France (excluding Mayotte).

Retail Sales YoY

2.4%

In Hungary, 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 Prel

-7.3%

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

Industrial Production MoM

-4.3%

In Germany, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 79 percent of total production. The biggest segments within Manufacturing are: machinery and equipment (12 percent of total production); motor vehicles, trailers and semi-trailers (12 percent); basic metals and fabricated metal products (10 percent); and computers, electronic and optical products and electrical equipment (10 percent). Construction accounts for 11 percent of total output; and energy production accounts for 10 percent.

Retail Sales YoY

-2.1%

In Romania, 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 MoM

-4%

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

Inflation Rate MoM Prel

0%

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

CPIF YoY Prel

3.1%

As of September 2017, the Riksbank uses the CPIF, the consumer price index with a fixed interest rate, as target variable for the inflation target. According to the central bank, "From a monetary policy perspective, one disadvantage of the CPI is that it is directly affected by changes in the policy rate. These adjustments have, through their impact on mortgage rates, large and direct effects on the CPI which are not connected to underlying inflationary pressures".

CPIF MoM Prel

0.1%

As of September 2017, the Riksbank uses the CPIF, the consumer price index with a fixed interest rate, as target variable for the inflation target. According to the central bank, "From a monetary policy perspective, one disadvantage of the CPI is that it is directly affected by changes in the policy rate. These adjustments have, through their impact on mortgage rates, large and direct effects on the CPI which are not connected to underlying inflationary pressures"..

Inflation Rate YoY Prel

0.9%

In Sweden, the most important categories in the Consumer Price Index is Housing & Utilities (24% of the total weight). Food & Non-alcoholic Beverages account for 14%; Transport for 13%; Recreation & Culture for 13%; Miscellaneous Goods & Services for 8%; and Furniture, Household Goods & Maintenance (7%). Others also includes: Restaurant & Hotels (6%), Clothing & Footwear (4%), Alcoholic Beverages & Tobacco (4%), Health (4%), Communications (3%), and Education (0.30%).

House Price Index MoM

1%

In Sweden, the Real Estate Price Index estimates development of prices and values of the existing stock of one- or two-dwelling buildings. The index takes into consideration that the houses sold may not be a random sample of the housing stock and that the mix or composition of houses may vary from one quarter/year to the next. One- or two-dwelling buildings for permanent dwelling include detached one- or two-dwelling buildings, terraced houses and linked buildings.

S&P Global Composite PMI

46.6

In Russia, the Markit Russia Composite Output Index tracks business trends across private sector activity, based on data collected from a representative panel of around 300 companies. 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. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact [email protected] for more details.

S&P Global Services PMI

47

The Markit Russia Services PMI is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 300 private service sector companies. The Index tracks variables such as sales, employment, inventories and prices. An index reading above 50 indicates an overall increase in that variable, below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact [email protected] for more details.

HSBC Composite PMI Final

61

In India, the Nikkei India Composite Output Index is a weighted average of the Manufacturing Output Index and the Services Business Activity Index and tracks business trends across private sector activity, based on data collected from a representative panel of around 800 companies. 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.. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact [email protected] for more details.

HSBC Services PMI Final

60.9

The IHS Markit India Services PMI (Purchasing Managers' Index) is based on data compiled from monthly replies to questionnaires sent to purchasing executives in around 350 private service sector companies. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact [email protected] for more details.

6-Month T-Bill Auction

1.41%

6-Month Bill Auction

0.5933%

Balance of Trade

1825000000

Australia has been recording consistent trade surpluses since 2017 due to rise in a resource exports like natural gas, metal ores and minerals, coal, coke and briquettes, and rural goods such as meat and cereals. The biggest trade surpluses are recorded with China, Hong Kong and Japan, and New Zealand while the biggest trade deficits are with the United States, Singapore, South Korea, Malaysia, and Thailand.

Exports MoM

-7.8%

Rich in natural resources, Australia is a major exporter of commodities. Metalliferous ores and metal scrap account for 29 percent of total exports; coal, coke and briquettes for 15 percent; and gas for 7 percent. The country also exports: food and live animals (14 percent), mainly meat (5 percent) and cereals (4 percent); manufactured goods (6 percent), mainly non-ferrous metals (4 percent); and machinery and transport equipment (6 percent). Australia's largest export markets are China (32 percent of total exports), Japan (16 percent), South Korea (7 percent), the US (5 percent), India (4 percent), New Zealand, Singapore and Taiwan (3 percent each).

Imports MoM

3.2%

Australia imports mainly machinery and transport equipment (40 percent of total imports), of which road vehicles account for 12 percent, industrial machinery for 6 percent, electrical machinery for 5 percent and telecommunications and sound recording for 5 percent.The country also imports: petroleum (11 percent); manufactured goods (12 percent); chemicals and related products (10 percent); and food and live animals (5 percent). Main import partners are China (23 percent of total imports), the US (11 percent), Japan (7 percent), South Korea, Thailand and Germany (5 percent each) and Malaysia (4 percent).

S&P Global Services PMI Final

53.3

The S&P Global Japan Services PMI is a monthly indicator of economic activity in Japan’s service sector, based on survey responses from around 400 companies across industries such as transport, finance, communication, real estate, and business services (excluding retail). Respondents report changes relative to the previous month, and results are presented as diffusion indices, ranging from 0 to 100. An index above 50 signals growth, while below 50 indicates contraction. The main metric is the Services Business Activity Index, reflecting changes in business activity volume and serving as the headline figure. While sometimes called the "Services PMI," it is not directly comparable to the headline Manufacturing PMI, but aligns more closely with the Manufacturing Output Index.

S&P Global Composite PMI Final

51.3

The S&P Global Japan Composite PMI Output Index is a key indicator of overall private sector business activity in Japan. It is calculated as a weighted average of the Manufacturing Output Index and the Services Business Activity Index, with weights reflecting the relative size of each sector based on official GDP data. The index draws on survey responses from a representative panel of approximately 800 companies across the manufacturing and services sectors. Although often referred to as the ‘Composite PMI’, this index should not be confused with the headline Manufacturing PMI, as it uniquely captures output trends across both sectors. The Composite Output Index tracks key variables including sales, new orders, employment, inventories, and prices. It is presented as a diffusion index ranging from 0 to 100, where a reading above 50 signals overall growth compared to the previous month, and a reading below 50 indicates contraction.

Reuters Tankan Index

8

The Reuters Tankan is a monthly survey of leading Japanese companies, and it was formally known as Telerate Tankan until it was renamed after the acquisition of Quick Money line Telerate Corp. by Thomson Reuters Group. It covers a panel of 200 manufacturers and 200 non-manufacturers. The monthly figures are designed to provide early indications of the BOJs quarterly tankan. The indexes are derived by subtracting the percentage of respondents who say business conditions are poor from the percentage of those who say they are good.

Average Cash Earnings YoY

1.5%

In Japan, wage growth refers to changes in average cash earnings, including contractual and special cash earnings, in companies with five or more employees.

Overtime Pay YoY

1.3%

In Japan, non-scheduled cash earnings are the wages paid for work performed outside scheduled working hours, and on days off or night work, that is allowances for working outside work hours, night work, early morning work, and overnight duty.

Current Account

9150000000

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).

Interest Rate Decision

15%

In Brazil, interest rate decisions are taken by The Central Bank of Brazil's Monetary Policy Committee (COPOM). The official interest rate is the Special System of Clearance and Custody rate (SELIC) which is the overnight lending rate.

5-Year Bond Auction

2.795%

17-Week Bill Auction

3.705%

BoE Breeden 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).