52-Week Bill Auction

3.65%

6-Week Bill Auction

3.625%

Existing Home Sales MoM

0.2%

In the United States, Existing Home Sales occur when the mortgages are closed. Mortgage closing usually takes place 30-60 days after the sales contract is closed.

Existing Home Sales

4020000

In the United States, Existing Home Sales occur when the mortgages are closed. Mortgage closing usually takes place 30-60 days after the sales contract is closed. It includes single-family homes, condos and co-ops.

NY Fed Bill Purchases 4 to 12 months

Redbook YoY

9%

The Johnson Redbook Index is a sales-weighted of year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9,000 stores. Same-store sales are sales in stores continuously open for 12 months or longer. By dollar value, the Index represents over 80% of the equivalent 'official' retail sales series collected and published by the US Department of Commerce. Redbook compiles the Index by collecting and interpreting performance estimates from retailers. The Index and its sub-groups are sales-weighted aggregates of these estimates. Weeks are retail weeks (Sunday to Saturday), and equally weighted within the month.

Exports

320900000000

The United States is the world’s second-largest exporter, yet exports of goods and services account for only about 12–13% of US GDP. In 2025, global trade flows were reshaped by the introduction of new US tariffs and retaliatory measures from trade partners. The full impact of these policies may take time to appear in official trade data, as advance buying, customs delays, shipping disruptions, and broader supply-chain adjustments can temporarily distort reported flows. US exports reached a record high of just over $3.4 trillion in 2025. Machinery and transport equipment, particularly aircraft and road vehicles, accounted for the largest share, followed by mineral fuels and lubricants, chemicals and related products, and other manufactured goods. Exports of services also increased, supported by intellectual property, financial services, and other business-related services. The US’ largest export markets included the European Union (notably the Netherlands and the UK), Canada, Mexico, China, Japan, and South Korea.

Exports

72770000000

Exports account for more than 30 percent of the Canadian GDP. The biggest export products are energy (22%of total), crude oil and crude bitumen (14%), cars and parts (19%), and consumer goods (12%). The US is by far the largest destination for Canadian products (76 percent of total exports), followed by China (4.5 percent) and the United Kingdom (2.6 percent).

Balance of Trade

-60300000000

The United States has recorded persistent trade deficits since 1976, largely reflecting strong demand for imported industrial supplies, capital equipment and consumer goods. In 2025, trade dynamics were significantly shaped by the rollout of new tariffs. Imports climbed to record highs in the first half of the year as businesses accelerated purchases ahead of higher duties. However, import growth slowed sharply toward year-end, suggesting that tariffs were beginning to curb demand. Overall, the US posted a trade deficit of nearly $900 billion in 2025, broadly unchanged from the previous year but still among the largest shortfalls since 1960. The widest bilateral goods deficits were with the European Union ($218.8 billion), particularly Ireland and Germany, followed by China ($202.1 billion), Mexico ($196.9 billion), Vietnam ($178.2 billion), Taiwan ($146.8 billion), Thailand ($71.9 billion), Japan ($63.9 billion), India ($58.2 billion), South Korea ($56.4 billion), Canada ($46.4 billion), Switzerland ($34.3 billion) and Malaysia ($30.8 billion).

Imports

70990000000

Canada imports mainly consumer goods (19% of total), cars and parts (23%), and energy products (7%). Canada's major import partners are the US (49 percent of total imports), China (14 percent), Mexico (5.5 percent), and Germany (3.1 percent).

Balance of Trade

1780000000

Between 1980 and 2008, Canada recorded a positive trade balance every year, with an expectation of 1991 and 1992. From 2009 onwards, the trade balance shifted to a deficit. In 2021, it switched again to a trade surplus, with energy products making the largest share of exports. The United States remains the country's biggest trading partner.

ADP Employment Change Weekly

35750

The preliminary estimate of the ADP National Employment Report reflects weekly changes in private employment and includes a four-week moving average of total private employment variation.

Inflation Rate MoM

0.2%

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

PPI MoM

0.04%

PPI YoY

2.56%

Core Inflation Rate YoY

4.26%

In Mexico, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.

Inflation Rate YoY

4.45%

In Mexico, the most important categories in the CPI basket are Nonfood Goods (19.7 percent of the total weight); Housing (18.7 percent) and Other Services (18.4 percent). Food, Beverages and Tobacco account for 14.8 percent and Energy for 9.5 percent. Others include: Products subsidized by the government (5.3 percent); Education (5.1 percent); Meat and Eggs (4.8 percent) and Fruits and Vegetables (3.7 percent). The CPI index has a base of 100 as of December of 2010. The national index tracks 46 large, medium and small cities.

Core Inflation Rate MoM

0.31%

2041 RFGB Auction

3.794%

2036 RFGB Auction

3.34%

NFIB Business Optimism Index

95.9

NFIB Small Business Optimism Index is a composite of ten seasonally adjusted components calculated based on the answers of around 620 NFIB members. This questions include: plans to increase employment, plans to make capital outlays, plans to increase inventories, expect economy to improve, expect real sales higher, current inventory, current job openings, expected credit conditions, now a good time to expand, and earnings trend.

Balance of Trade

-2863000000

Portugal runs regular trade deficits. Machinery and mechanical appliances are the main group of products exported and imported, and also the group with the largest trade deficit. On the other hand, the largest commercial surpluses are in the transactions of Mineral products, Cellulose pulp and paper, Clothing and Footwear. In terms of traded goods, Industrial supplies is the main traded category. Spain, France and Germany are the main external customers and suppliers of goods to Portugal, accounting for 50.9% of total exports and 52% of imports. Spain is Portugal's largest partner (weight of 26.7% in exports and 32.8% in imports). Transactions with Spain record the largest trade deficit, while the largest surplus is with France. Outside the EU, the United States is the main customer while China is the main Extra-EU supplier of goods.

Long TC Auction

2.571%

Short TC Auction

2.283%

3-Month DTB Auction

5.57%

2037 Bond Auction

8.872%

2039 Bond Auction

9.077%

2042 Bond Auction

9.149%

10-Year Bund Auction

3%

30-Year Bund/g Auction

3.44%

Weekly Bond Auction

97-Day T-Bill Auction

370-Day T-Bill Auction

GDP Growth Rate QoQ

0.4%

South Africa is the most developed country in Africa and was the largest until 2014, when it was overtaken by Nigeria. The largest sector of the economy is services which accounts for around 73 percent of GDP. Within services, the most important are finance, real estate and business services (21.6 percent); government services (17 percent); wholesale, retail and motor trade, catering and accommodation (15 percent); and transport, storage and communication (9.3 percent). Manufacturing accounts for 13.9 percent; mining and quarrying for around 8.3 percent and agriculture for only 2.6 percent.

RAGB 2020-2051/3 Auction

GDP Growth Rate YoY

0.8%

South Africa is the most developed country in Africa and was the largest until 2014, when it was overtaken by Nigeria. The largest sector of the economy is services which accounts for around 73 percent of GDP. Within services, the most important are finance, real estate and business services (21.6 percent); government services (17 percent); wholesale, retail and motor trade, catering and accommodation (15 percent); and transport, storage and communication (9.3 percent). Manufacturing accounts for 13.9 percent; mining and quarrying for around 8.3 percent and agriculture for only 2.6 percent.

Balance of Trade

-703800000

Trade is an integral part of the recent economic success of Cyprus, as the island nation falls short of being self-sufficient for food and fuel. As such, Cyprus is a net importer of fuels, raw materials, heavy machinery and transportation equipment. Cyprus mostly exports citrus fruits, cement, potatoes, clothing and pharmaceuticals. Cyprus' largest, and most important, trading partner is the European Union, which accounts for 50% of all Cypriot trade flows, followed by the Middle East, destination for 20% of exports from Cyprus. In the European Union, the UK and Greece account for the largest share of trade due to historical connections. Recent discoveries of offshore gas will likely diminish Cyprus' need for importing energy and lead to a shift in the composition of its exports.

RAGB 2023-2030/4 Auction

2.822%

3-Month Letras Auction

2.154%

9-Month Letras Auction

2.514%

Foreign Exchange Reserves

178300000000

In Czech Republic, 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.

Balance of Trade

342000000

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.

Inflation Rate MoM

0.4%

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

Core Inflation Rate YoY

2.2%

In Hungary, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.

Inflation Rate YoY

2.1%

In Hungary, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (23 percent of total weight). Transport accounts for 15 percent; Housing and Utilities for 12 percent; Alcoholic beverages, Tobacco and Narcotics for 9 percent; Recreation and Culture for 7 percent; Miscellaneous Goods and Services for 7 percent; and Furniture, Household Equipment and Maintenance for 7 percent. Health; Restaurants and Hotels; Communication; Clothing and Footwear; and Education account for the remaining 20 percent of total weight.

Balance of Trade

-2927000000

Romania's main exports are machinery and transport equipment (45% of total) followed by raw materials and miscellaneous manufactured articles like textiles and footwear. Romania imports machinery and transport equipment, raw materials, chemicals, and fuels. More than 70% of exports and imports are with other European Union members with Italy, Germany, and France being the most important.

PPI YoY

22.7%

In Norway, the Producer Price Index measures the price development of first hand sales of products to the Norwegian market, from Norwegian production and export. Manufacturing prices account for 54 percent of the total index. The biggest segments within Manufacturing prices are: Food, beverages and tobacco (12 percent), refined petroleum products (8 percent) machinery and equipment (6 percent) and basic metals (5 percent). Extraction and related services account for 41 percent, Electricity, gas and steam account for 4 percent and Mining and quarrying account for 1 percent.

Balance of Trade

250000000

International trade makes a third of Finland’s GDP. Finnish principal exports are: telecommunications equipment, passenger cars and forestry products and paper and paperboard. Finnish principal imports are food stuffs, petroleum and petroleum products, chemicals, transport equipment, iron and steel, machinery, textile yarn and fabrics and grains. European Union makes 55 percent of the total trade. The largest trade flows are with Germany, Russia, Sweden, China and U.S.

Current Account

38300000000

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).

Balance of Trade

33800000000

Denmark has been reporting consistent trade surpluses since 1988. Denmark is self-sufficient in energy producing oil, natural gas, wind and bio energy. Its principal exports are machinery, chemicals and food products. Denmark imports mainly machinery and equipment, raw materials and semi manufactures for industry, foodstuffs and chemicals. In 2017, the largest trade surpluses were recorded with the US, the UK, Norway, France and Russia, while the biggest trade deficits were recorded with Germany, the Netherlands, China and Sweden.

Imports MoM

5.1%

On the import side, Germany purchased a broad range of industrial and consumer goods in 2024. Leading the import categories were motor vehicles (€142 billion), followed by data processing equipment, electronics, and optical products (€134 billion), and electrical equipment (€104 billion). China remained Germany’s largest import partner, supplying goods worth €156 billion, well ahead of the Netherlands (€94 billion) and the United States (€92 billion).

Exports MoM

0.5%

In 2024, Germany maintained its strong global export position, driven primarily by its manufacturing sector. Motor vehicles and parts remained the country's top export category, accounting for around 17% of total exports (about €263 billion). Machinery followed with a 14% share, while chemical products contributed 9%. The United States emerged as Germany’s largest export destination, with German firms shipping goods worth €161.4 billion across the Atlantic. France, the Netherlands, Poland and China also ranked among the top destinations, underscoring Germany’s key role in global industrial supply chains.

Industrial Production MoM

-0.7%

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.

Balance of Trade

14300000000

Germany continued to post significant trade surpluses with key partners in 2024. The surplus with the United States stood at approximately €69.8 billion, reflecting robust demand for German industrial goods, such as motor vehicles and machinery. In contrast, Germany recorded a substantial trade deficit with China—around €66.3 billion—due to high imports of electronics, machinery, and other manufactured products. Overall, the US regained its position as Germany’s largest trading partner, slightly ahead of China, with the Netherlands ranking third.

Manufacturing Production MoM

8.6%

In Denmark, manufacturing accounts for 96 percent of total production. The biggest segments within Manufacturing are: pharmaceuticals (20 percent of total manufacturing); food products, beverages and tobacco (14 percent); machinery (14 percent); furniture and other manufacturing (13 percent); metals (9 percent); chemicals and oil refineries (7 percent); and plastic, glass and concrete (7 percent).

Machine Tool Orders YoY

45.1%

Machine Tool Orders in Japan measure the change in the total value of new orders placed with machine tool manufacturers.

MAS 36-Week Bill Auction

1.46%

MAS 12-Week Bill Auction

1.4%

MAS 4-Week Bill Auction

1.35%

Inflation Rate YoY Final

2.8%

In Netherlands, the most important categories in the consumer price index are: housing, water, electricity and gas (24.5 percent of the total weight); transport (11.6 percent) and food and non-alcoholic beverages (11.3 percent). The index also includes: recreation and culture (10.3 percent); furnishing and household equipment (6 percent); clothing and footwear (4.9 percent); hotels and restaurants (4.2 percent); communication (3.3 percent) and alcoholic beverages and tobacco (3.1 percent). Health, education and other goods and services account for the remaining 20.8 percent of total weight.

Inflation Rate MoM

1.1%

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

Household Consumption YoY

0.9%

In the Netherlands, Household Consumption YoY measures the year-on-year change of consumption expenditure by households. Consumption expenditure includes all voluntary expenditure on goods and services by private individuals and households. It does not include compulsory expenditure such as taxes. Services is the most important sector and accounts for 58 percent of total consumption. The biggest segments within Services are housing; financial and business services; transport, communication services; and medical services and welfare. Consumption of goods account for the remaining 42 percent, in particular durable consumer goods (15 percent) and food, beverages and tobacco (15 percent).

6-Month Bill Auction

0.9197%

Balance of Trade Yuan

585690000000

Since 1995, China has been recording consistent trade surpluses. Exports are dominated by machinery and transport equipment—especially electrical machinery, telecommunications devices, office machines, and industrial machinery—alongside manufactured goods, textiles, chemicals, and food products. The European Union and the United States are the largest destinations, supported by regional markets including Hong Kong, Japan, South Korea, Vietnam, Germany, India, and the Netherlands. Imports are driven by machinery, energy products, industrial raw materials, and chemicals, sourced mainly from the EU, South Korea, Taiwan, Japan, the US, and Australia. This mix of high-value exports and essential imports generally results in a persistent trade surplus, highlighting China’s role as a global manufacturing hub and a major consumer of raw materials.

Exports YoY

14.1%

Exports have long been a key driver of China’s rapid economic growth. In recent years, machinery and transport equipment have made up nearly half of all outbound shipments. Within this category, major contributors include electrical machinery and appliances (14%), telecommunications and audio-visual equipment (12%), office and data-processing machines (8%), and industrial machinery and machine parts (5%). Other important export groups include miscellaneous manufactured goods (23%); manufactured products classified by material (16%)—notably textile yarn, fabrics and related articles (5%), metal manufactures (4%), and iron and steel (2%); chemicals and related products (6%); and food and live animals (3%). The European Union and the United States remain China’s largest export markets, each accounting for more than 15% of total shipments. Other significant destinations include Hong Kong, Japan, South Korea, Vietnam, Germany, India, and the Netherlands (around 3% each).

Balance of Trade

84820000000

Since 1995, China has been recording consistent trade surpluses. Exports are dominated by machinery and transport equipment—especially electrical machinery, telecommunications devices, office machines, and industrial machinery—alongside manufactured goods, textiles, chemicals, and food products. The European Union and the United States are the largest destinations, supported by regional markets including Hong Kong, Japan, South Korea, Vietnam, Germany, India, and the Netherlands. Imports are driven by machinery, energy products, industrial raw materials, and chemicals, sourced mainly from the EU, South Korea, Taiwan, Japan, the US, and Australia. This mix of high-value exports and essential imports generally results in a persistent trade surplus, highlighting China’s role as a global manufacturing hub and a major consumer of raw materials.

Imports YoY

25.3%

Machinery and transport equipment dominate China’s import mix, accounting for about 38% of total inbound shipments. Key components within this category include electrical machinery and appliances (21%), road vehicles (4%), telecommunications and audio-visual equipment (3%), and office machines and data-processing equipment (3%). China also imports significant volumes of mineral fuels, lubricants, and related materials (17%), driven largely by petroleum and petroleum products (13%) and natural and manufactured gas (3%). Crude, inedible materials excluding fuels make up 14% of imports, with metalliferous ores and metal scrap contributing 9%. Chemicals and related products represent 11% of total imports, led by organic chemicals (3%) and plastics in primary forms (3%). Additional import categories include miscellaneous manufactured articles (7%), manufactured goods classified chiefly by material (7%), and food and live animals (4%). The European Union is China’s largest source of imports, supplying 13% of the total, with Germany (5%) and France (2%) being major contributors. Other key import partners include South Korea, Taiwan, and Japan (each around 8%), followed by the United States and Australia (6% each). Brazil provides about 4%, while Malaysia, Vietnam, Russia, and Saudi Arabia each account for roughly 3%, and Thailand, Singapore, and Indonesia about 2% apiece.

3-Month Bill Auction

2.49%

1-Year Bill Auction

3.08%

6-Month Bill Auction

2.67%

NAB Business Confidence

-24

The NAB monthly survey of business confidence is based on a telephone survey of around 600 small, medium and large size non-agricultural companies. The Survey measures the expectations of business conditions for the upcoming month and is a simple average of trading, profitability and employment indices, reported by respondents for their company. The indices are calculated by taking the difference between the percentage of respondents nominating good or very good, or a rise and those nominating poor or very poor, or a fall.

RBA Bulletin

In Australia, interest rates decisions are taken by the Reserve Bank of Australia's Board. The official interest rate is the cash rate. The cash rate is the rate charged on overnight loans between financial intermediaries, is determined in the money market as a result of the interaction of demand for and supply of overnight funds.

Westpac Consumer Confidence Index

83

The Consumer Sentiment Index is based on a survey of over 1,200 Australian households. The Index is an average of five component indexes which reflect consumers' evaluations of their household financial situation over the past year and the coming year, anticipated economic conditions over the coming year and the next five years, and buying conditions for major household items. The index scores above 100 indicate that optimists outweigh pessimists.

Westpac Consumer Confidence Change

3.5%

The Consumer Sentiment Index is based on a survey of over 1,200 Australian households. The Index is an average of five component indexes which reflect consumers' evaluations of their household financial situation over the past year and the coming year, anticipated economic conditions over the coming year and the next five years, and buying conditions for major household items. The index scores above 100 indicate that optimists outweigh pessimists.

Construction PMI

47.1

The AIB Ireland Construction PMI, compiled by S&P Global, is based on monthly survey responses from approximately 150 construction firms, selected to represent the industry by workforce size and GDP contribution. Conducted in the latter half of each month, the survey measures month-on-month changes across various construction metrics. Results are presented as diffusion indices, where a reading above 50 signals growth, below 50 indicates contraction, and 50 represents no change. The headline figure—the Total Activity Index—tracks overall construction output and is seasonally adjusted for comparability over time. Though sometimes referred to as the "Construction PMI," it differs from the headline manufacturing PMI.

BRC Retail Sales Monitor YoY

-3.4%

The BRC-KPMG Retail Sales Monitor measures changes in the actual value of retail sales from a sample of retailers. The Monitor measures the value of spending and hence does not adjust for price changes. If prices are rising, sales volumes will increase by less than sales values. In times of price deflation, sales volumes will increase by more than sales values. Retailers report the value of their sales and sales in the equivalent week a year ago. These figures are reported both in total and on a ‘like-for-like’ basis. The percentage increase in the value of sales on a ‘like-for-like’ basis removes the effect of the expansion of retail floor space by the retailers concerned on their sales total. Due to the sample being biased towards large retailers, the ‘like-for-like’ increase usually provides a more accurate guide to general spending patterns, though it will be biased downwards as an estimate of the growth rate for retail as a whole.

GDP Growth Rate YoY Final

1.6%

South Korea’s economy became one of the most diversified and technologically advanced in the world in the last 50 years. Like in most developed countries, services account for the highest percentage of GDP (around 57 percent of GDP). Within services the most important ones are public administration (6 percent ); education (5.3 percent); information and communication (5 percent); and business activities (4.6 percent of GDP). A strong manufacturing industry which has turned South Korea into a major exporter accounts for 32 percent of GDP.

GDP Growth Rate QoQ Final

-0.2%

South Korea has an export oriented economy and is the world's leading producer of displays and memory semiconductors and the second largest producer of ships. Services account for the highest percentage of GDP (around 57 percent of GDP). Within services the most important ones are public administration (6 percent ); education (5.3 percent); information and communication (5 percent); and business activities (4.6 percent of GDP). A strong manufacturing industry which has turned South Korea into a major exporter accounts for 32 percent of GDP.

Manufacturing Sales YoY

-0.7%

In New Zealand, manufacturing sales refer to the year-on-year change in the volume of sales in the manufacturing sector of the economy. The survey includes 13 industries: meat and dairy product; seafood processing; fruit, oil, cereal, and other food; beverages and tobacco; textile, leather, clothing, and footwear; wood and paper products; printing; petroleum and coal product; chemical, polymer, and rubber products; non-metallic mineral products; metal products; transport equipment, machinery, and equipment; and furniture.