17-Week Bill Auction

4.195%

EIA Heating Oil Stocks Change

-448000

EIA Cushing Crude Oil Stocks Change

1862000

Change in the number of barrels of crude oil held in storage at the Cushing, Oklahoma storage hub excluding the Strategic Petroleum Reserve during the past week.

EIA Gasoline Production Change

-117000

EIA Distillate Fuel Production Change

-101000

EIA Refinery Crude Runs Change

135000

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

EIA Distillate Stocks Change

-2527000

EIA Crude Oil Stocks Change

-8557000

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

EIA Gasoline Stocks Change

3518000

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

EIA Crude Oil Imports Change

-596000

Bundesbank Mauderer Speech

Germany is a member of the European Union which has adopted the euro. Germany's benchmark interest rate is set by the European Central Bank. The official designation for the rate is main refinancing operation.

BoE Gov Bailey 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).

National Treasury’s Medium-Term Budget Statement

Retail Sales YoY

1.8%

In Mexico, 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

-0.1%

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

Infrastructure Output YoY

4.8%

In India, infrastructure output refers to a combined index that measures the performance of Eight Core Industries: refinery production (weight: 28%), electricity generation (19.9%), steel production (17.9%), coal production (10.3%), crude oil production (8.9%), natural gas production (6.9%), cement production (5.4%) and fertilizers production (2.6%). Infrastructure accounts for nearly 40 percent of India's industrial output.

Retail Sales YoY

3.4%

In South Africa, 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

2.5%

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

MBA Mortgage Applications

-2.7%

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 Refinance Index

513.5

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 Purchase Index

139.3

MBA Mortgage Market Index

199.2

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 30-Year Mortgage Rate

7.5%

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.

6-Month DTB Auction

5.15%

26-Week Bill Auction

2.58%

2032 SGB Auction

3.0092%

2037 SGB Auction

3.1753%

NGB Auction

Consumer Confidence

-10

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

DGB Auction

Core Inflation Rate MoM

0%

In South Africa, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as food and non-alcoholic beverages, fuel and energy.

Inflation Rate YoY

4.4%

In South Africa, the most important categories in the Consumer Price Index are: Housing & Utilities (23% of the total weight), Food & Non-alcoholic Beverages (19%), and Transport (15%). Others include: Miscellaneous Goods & Services (15%), Alcoholic Beverages & Tobacco (6%), Recreation & Entertainment (5%), Household Contents, Equipment & Maintenance (4%), Clothing & Footwear (4%), Restaurants & Hotels (3%), Education (2%), and Communications (2%).

Inflation Rate MoM

0%

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

Core Inflation Rate YoY

4.1%

In South Africa, core consumer prices measure a broad rise or fall in prices that consumers pay for a standard basket of goods, excluding volatile items such as food and non-alcoholic beverages, fuel and energy.

Current Account

218000000

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).

Consumer Confidence

-10.8

Current consumer confidence indicator (BWUK) is based on the results of the household survey carried out with the use of the consumer tendency test. The indicator is the arithmetic mean of the evaluations of the previous and predicted (over the following 12 months) changes concerning the household’s financial condition as well as the general economic situation of the country and major purchases currently made. The BWUK may range from –100 to +100. The positive value means that the majority of the consumers express a positive attitude, while the negative value signifies the prevalence of the pessimistic attitudes.

Deposit Facility Rate

4.75%

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.

Lending Facility Rate

6.5%

In Indonesia, lending rate refers to central bank lending facility rate.

Loan Growth YoY

13.36%

In Indonesia, loan growth refers to year over year change in total value of outstanding credits of commercial banks.

Interest Rate Decision

5.75%

In Indonesia the interest rate decisions are taken by The Central Bank of Republic of Indonesia. In April of 2016, policymakers announced the replacement of the official discount interest rate with new 7-day reverse repurchase rate in August 2016. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis.

Bundesbank President Nagel Speech

Germany is a member of the European Union which has adopted the euro. Germany's benchmark interest rate is set by the European Central Bank. The official designation for the rate is main refinancing operation.

Capacity Utilization

74.2%

In Turkey, Capacity Utilization is a measure of how much of the economy's potential output is being used.

Business Confidence

102

In Turkey, the Business Tendency Survey (BTS) compiles the assessments of the senior managers on the recent past, current situation and their expectations regarding the future course of business environment in the manufacturing industry. A score above 100 indicates an optimistic outlook to the economic activities while below 100 points to a pessimistic outlook.

Retail Price Index MoM

0.6%

The Retail Prices Index (RPI) is a long-standing measure of inflation in the UK, originally designed as a compensation index to protect workers from price increases following the First World War. It covers private households but excludes the top 4% of households by income and pensioner households deriving at least 75% of their income from benefits. The RPI provides inflation estimates from 1947, with its first official consumer price inflation release published in January 1956. Until the introduction of the UK Consumer Prices Index (CPI) in 1996, the RPI and its derivatives were the UK's sole official measures of consumer price inflation.

PPI Input YoY

6.1%

The input price measures the price of materials and fuels bought by UK manufacturers for processing. It includes materials and fuels that are both imported or sourced within the domestic market. It is not limited to materials used in the final product but includes what is required by businesses in their normal day-to-day running, such as fuels.

PPI Input MoM

0.3%

The input price measures the price of materials and fuels bought by UK manufacturers for processing. It includes materials and fuels that are both imported or sourced within the domestic market. It is not limited to materials used in the final product but includes what is required by businesses in their normal day-to-day running, such as fuels.

PPI Core Output YoY

2.7%

In the United Kingdom, the Core Producer Price Index is a monthly survey that measures the price changes of goods bought and sold by manufacturers excluding food, beverages, tobacco and petroleum products.

PPI Core Output MoM

0.3%

In the United Kingdom, the Core Producer Price Index is a monthly survey that measures the price changes of goods bought and sold by manufacturers excluding food, beverages, tobacco and petroleum products.

PPI Output MoM

0.7%

In the United Kingdom, Producer Price Inflation MoM measures the month-over-month price changes of goods bought and sold by manufacturers and provides an important measure of inflation. The factory gate price (the output price) is the price of goods sold by UK manufacturers. It includes costs such as labour, raw materials and energy, as well as interest on loans, site or building maintenance, or rent and excludes taxes.

Retail Price Index YoY

3.4%

The Retail Prices Index (RPI) is a long-standing measure of inflation in the UK, originally designed as a compensation index to protect workers from price increases following the First World War. It covers private households but excludes the top 4% of households by income and pensioner households deriving at least 75% of their income from benefits. The RPI provides inflation estimates from 1947, with its first official consumer price inflation release published in January 1956. Until the introduction of the UK Consumer Prices Index (CPI) in 1996, the RPI and its derivatives were the UK's sole official measures of consumer price inflation.

Public Sector Net Borrowing Ex Banks

-18300000000

In the UK, public sector net borrowing excluding public sector banks (PSNB ex) measures the gap between revenue raised (current receipts) and total spending. Total spending refers to current expenditure plus net investment (capital spending less capital receipts). Public sector net borrowing (PSNB) is often referred to by commentators as “the deficit”.

PPI Output YoY

3.7%

In the United Kingdom, the Producer Price Index (PPI) is a monthly survey that measures the price changes of goods bought and sold by manufacturers and provides an important measure of inflation. The factory gate price (the output price) is the price of goods sold by UK manufacturers. It includes costs such as labour, raw materials and energy, as well as interest on loans, site or building maintenance, or rent and excludes taxes.

Inflation Rate MoM

0.5%

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

Core Inflation Rate YoY

2.6%

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

Core Inflation Rate MoM

0.3%

In the United Kingdom, 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

3.1%

In United Kingdom, the most important categories in the Consumer Price Index are: Transport (14%), Housing & Utilities (14%), and Recreation & Culture (13%). Food & Non-alcoholic Beverages account for 12%, Restaurants & Hotels for 11%, Miscellaneous Goods & Services for 9%¸ Furnishings, Household Equipment & Routine Maintenance of the House for 8%, and Clothing & Footwear for 6%. Others include: Alcoholic Drinks, Tobacco & Narcotics (5%), Education (3%), Communication (3%) and Health (2%).

ECB Lane 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.

BoJ JGB Purchase

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.

Credit Card Spending YoY

3.5%

Balance of Trade

-1105600000000

Japan’s trade balance has fluctuated in recent years partly because of disruptions to production and other problems related to the coronavirus pandemic. In 2022, the country recorded persistent monthly trade deficits as imports surged more than exports. On one hand, the weak yen has helped to drive exports to record highs but on the other, it had made the cost of imported products especially food and energy commodities very expensive. The biggest trade deficits were reported with Australia, China, and Middle East countries while the biggest trade surpluses were recorded with the United States, Hong Kong, South Korea, and Singapore.

Imports YoY

28%

Japan's main imports are mineral fuels (22 percent of total imports), with petroleum accounting for 10 percent and LNG for 6 percent; electrical machinery (15 percent) on the back of telephony, telegraphy and semiconductors; chemicals (10 percent) due to medical products and organic chemicals; machinery (10 percent) in particular computers and units; foodstuff (9 percent) such as fish and fish preparations and meat and meat preparations; manufactured goods (9 percent) on nonferrous metals; and raw materials (6 percent) mainly ore of nonferrous and iron ore and concentrates. Japan's main import partners were China (23 percent), the EU (12 percent) in particular Germany (3 percent), the US (11 percent), Australia (6 percent), South Korea (4 percent), Saudi Arabia (4 percent), Taiwan (4 percent), the UAE (4 percent) and Thailand (4 percent).

Exports YoY

19.3%

Exports of high technology products have been the engine of Japan's economic growth since 1960. Exports account for around 19 percent of total GDP. Main exports were: transport equipment (24 percent of total exports), with motor vehicles accounting for 16 percent; machinery (20 percent) on the back of power generating machine and semicon machinery; electrical machinery (17 percent), such as semiconductors, IC and electrical apparatus; chemicals (11 percent), mainly plastic materials and organic chemicals; and manufactured goods (11 percent), such as iron and steel products, nonferrous metals and manufactures of metals. Japan's main export partners were the US (20 percent), China (19 percent), the EU (12 percent) in particular Germany (3 percent), South Korea (7 percent), Taiwan (6 percent), Hong Kong (5 percent), and Thailand (4 percent).

RBA Hauser Speech

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.

PPI YoY

7.9%

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

PPI MoM

0.2%

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

API Crude Oil Stock Change

-11100000

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

BoE Greene 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).