Fed Daly 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.

Budget Balance

200000000

The government budget balance is the difference between government revenues and expenses, excluding public debt charges. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.

Michigan 5 Year Inflation Expectations Final

3.3%

The Index of Consumer Expectations focuses on three areas: how consumers view prospects for their own financial situation, how they view prospects for the general economy over the near term, and their view of prospects for the economy over the long term. Each monthly survey contains approximately 50 core questions, each of which tracks a different aspect of consumer attitudes and expectations. The samples for the Surveys of Consumers are statistically designed to be representative of all American households, excluding those in Alaska and Hawaii. Each month, a minimum of 500 interviews are conducted by telephone.

Michigan Inflation Expectations Final

3.4%

The Index of Consumer Expectations focuses on three areas: how consumers view prospects for their own financial situation, how they view prospects for the general economy over the near term, and their view of prospects for the economy over the long term. Each monthly survey contains approximately 50 core questions, each of which tracks a different aspect of consumer attitudes and expectations. The samples for the Surveys of Consumers are statistically designed to be representative of all American households, excluding those in Alaska and Hawaii. Each month, a minimum of 500 interviews are conducted by telephone.

Michigan Consumer Expectations Final

56.6

The Index of Consumer Expectations focuses on three areas: how consumers view prospects for their own financial situation, how they view prospects for the general economy over the near term, and their view of prospects for the economy over the long term. Each monthly survey contains approximately 50 core questions, each of which tracks a different aspect of consumer attitudes and expectations. The samples for the Surveys of Consumers are statistically designed to be representative of all American households, excluding those in Alaska and Hawaii. Each month, a minimum of 500 interviews are conducted by telephone.

Michigan Current Conditions Final

56.6

The Index of Consumer Expectations focuses on three areas: how consumers view prospects for their own financial situation, how they view prospects for the general economy over the near term, and their view of prospects for the economy over the long term. Each monthly survey contains approximately 50 core questions, each of which tracks a different aspect of consumer attitudes and expectations. The samples for the Surveys of Consumers are statistically designed to be representative of all American households, excluding those in Alaska and Hawaii. Each month, a minimum of 500 interviews are conducted by telephone.

Michigan Consumer Sentiment Final

56.6

The Index of Consumer Expectations focuses on three areas: how consumers view prospects for their own financial situation, how they view prospects for the general economy over the near term, and their view of prospects for the economy over the long term. Each monthly survey contains approximately 50 core questions, each of which tracks a different aspect of consumer attitudes and expectations. The samples for the Surveys of Consumers are statistically designed to be representative of all American households, excluding those in Alaska and Hawaii. Each month, a minimum of 500 interviews are conducted by telephone.

Wholesale Sales MoM Prel

-1%

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.

Wholesale Inventories MoM Adv

The Wholesale Inventories are the stock of unsold goods held by wholesalers. Inventories are a key component of gross domestic product changes. A high inventory points to economic slowdown in the US, while a low reading points to a stronger growth.

Retail Inventories Ex Autos MoM Adv

Unemployment Rate

2.7%

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

Balance of Trade

-6481000000

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.

Unemployment Rate

5.4%

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

Deposit Growth YoY

11.9%

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

Bank Loan Growth YoY

14.5%

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.

Current Account

-8360000000

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).

Foreign Direct Investment

8170000000

In Brazil, Foreign Direct Investment refers to net inflows of foreign direct investments received from abroad, including equity capital and intercompany loans.

RBI Market Borrowing Auctions

Foreign Exchange Reserves

709760000000

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.

Unemployment Benefit Claims

-26900

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

Jobseekers Total

3090500

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.

Retail Sales YoY

4.6%

In Portugal, 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

2%

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

Balance of Trade

-910000000

Luxembourg is an export-intensive economy. The country has traditionally imported most of its consumer goods and exported industrial products (steel). Exports now also include chemical and rubber products, finished glass and the most profitable financial services. The nation remains dependent on energy imports. European Union is by far its largest trading partner, accounting for about 84% of exports and 87% of imports.

Retail Sales YoY

3%

In Ireland, 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

1.5%

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

IGP-M Inflation MoM

-0.73%

The IGP-M Inflation Index in Brazil is an index that measures and tracks the changes in price of goods in the stages before the retail level. Wholesale price indexes (WPIs) report monthly to show the average price changes of goods sold in bulk, and they are a group of the indicators that follow growth in the economy.

10-Year BTP Auction

3.31%

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.

5-Year BTP Auction

2.62%

BTP Auction

T-Bill 2026/III Auction

1.63%

T-Bill 2026/II Auction

1.62%

UniCredit Bank Manufacturing PMI

49.4

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%).

Current Account Final

198700000000

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).

ECB Consumer Inflation Expectations

2.6%

In the Euro Area, inflation expectations refer to the median expectations for inflation over the next 12 months and are part of the Consumer Expectations Survey published by the ECB. The results include responses from Belgium, Germany, Spain, France, Italy, the Netherlands, Ireland, Greece, Austria, Portugal, and Finland, with the poll's coverage at 96% of the euro area’s GDP and 94% of its population.

ECB Montagner 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.

Core Inflation Rate YoY Prel

2.7%

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

Inflation Rate MoM Prel

0.4%

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

Inflation Rate YoY Prel

2.3%

In Spain, the most important categories in the Consumer Price Index are: Foods & Non-alcoholic Beverages (23% of the total weight), Housing, Water, Electricity, Gas & Other Fuels (14%), Restaurants & Hotels (13%) and Transport (13%). The index also includes: Recreation & Culture (6%), Miscellaneous Goods & Services (6%), Clothing & Footwear (6%), Furnishings, Household Equipment & Routine Maintenance (6%), Health (4%), Communications (4%), Alcoholic Beverages & Tobacco (3%), and Education (2%).

Harmonised Inflation Rate YoY Prel

2.5%

The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.

Harmonised Inflation Rate MoM Prel

0.4%

ECB Tuominen 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

4.6%

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

Current Account

930000000

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).

Retail Sales ex Fuel YoY

5.5%

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

2%

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

4.5%

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 MoM

1.8%

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 MoM

1.1%

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

Unemployed Persons

62100

In Norway, unemployed persons are individuals who are without a job and actively seeking to work.

Registered Jobless Rate

2.2%

Business Confidence

3

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).

GDP YoY

0.2%

In Finland, Monthly GDP YoY measures the change in the value of the goods and services produced by the country economy compared to the corresponding month in the previous year.

Consumer Confidence

-10.5

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.

3-Month Bill Auction

0.807%

Import Prices YoY

-3.7%

In Singapore, the Import Price Index (IPI) tracks changes in the monthly prices of imported goods. The IPI is also used as price deflators to estimate the volume of international trade and to compile constant price National Accounts estimates.

PPI YoY

-6%

In Singapore, Domestic Supply Price Index measures the change in prices of imported and locally manufactured product retained for use in the economy.

Export Prices YoY

-6.2%

In Singapore, the Export Price Index (EPI) tracks changes in the monthly prices of exported goods. The EPI is also used as price deflators to estimate the volume of international trade and to compile constant price National Accounts estimates.

M2 Money Supply YoY

10%

Indonesia Money Supply M2 includes M1 plus short-term time deposits in banks.

Industrial Profits (YTD) YoY

0.6%

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.

Consumer Confidence

65.2

In Ireland, the Consumer Sentiment Index survey covers a nationally representative sample of 1,000 adults. The questionnaire assesses respondents’ perceptions on the general economy in the previous 12 months as well as expectations for next 12 months; perceptions of recent trends in unemployment and inflation; recent trends and likely future evolution in the household’s financial situation as well as savings and major purchases intentions. The Consumer Sentiment Index is calculated as the percentage of favourable replies minus the percentage of unfavourable replies, plus 100. The indicator varies on a scale of 0 to 200; a value of 0 indicates extreme lack of confidence, 100 neutrality and 200 extreme confidence.

Car Production YoY

-8.2%

Gfk Consumer Confidence

-19

In the United Kingdom, the consumer confidence survey measures the level of optimism that consumers have about the performance of the economy in the next 12 months. The GfK Consumer Confidence is derived from the survey of about 2,000 consumers which are ask to rate the relative level of past and future economic conditions including personal financial situation, climate for major purchases, overall economic situation and savings level.

Eurogroup Meeting

Fed Barr 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.

Fed Jefferson 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.

Fed Miran 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.

ANZ Roy Morgan Consumer Confidence

100.1

In New Zealand, ANZ Roy Morgan Consumer Confidence is a monthly measure of consumer confidence across New Zealand households and how this affects their spending behavior.

Business Confidence

72

In South Korea, the Business Survey Index (BSI) in the manufacturing sector measures the level of optimism that business leaders have about the performance of the economy in the current month and their outlook for the following month. The Index is based on the survey of around 2800 companies in fifteen areas including sales, inventories, production facilities, prices, labor force and profitability. For each of the indicators measured, the net difference between the number of positive responses and the number of negative responses is computed. The BSI above 100 indicates an improving outlook and below 100 a deteriorating outlook.

Fed Balance Sheet

6660000000000

The Central Bank Balance Sheet represents the total assets held by a central bank. It reflects the scale of monetary policy actions, including holdings like government securities, foreign reserves, and loans to banks. Changes in the balance sheet indicate shifts in policy, such as easing or tightening financial conditions.

Fed Cook 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.

Interest Rate Decision

7%

In Mexico, interest rate decisions are taken by the Bank of Mexico (Banco de México). Starting January of 2008, Banco de México has adopted as an operating target the overnight interbank rate (tasa de fondeo bancario) instead of the level of commercial banks’ current account balances at the central bank (corto).

7-Year Note Auction

3.79%

30-Year Mortgage Rate

6.22%

The Primary Mortgage Market Survey (PMMS) is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20 percent down and have excellent credit. Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. The interest rate a lender would charge to lend mortgage money to a qualified borrower exclusive of the fees and points required by the lender. This commitment rate applies only to conventional financing on conforming mortgages with loan-to-value rates of 80 percent or less.

15-Year Mortgage Rate

5.54%

BoE Taylor 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).