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Economic Calendar

Time
Currency
Country
Impact
Events
Period
Actual
Forecast
Previous
00:30
EUR
Holland
Consumer Spending y/y
January
2.7%
-
2.5%
02:00
EUR
Germany
Gfk Consumer Confidence
April
9.8
10.0
10.0
04:30
GBP
United Kingdom
Retail Sales m/m
February
1.4%
0.4%
-0.5% R (-0.3%)
04:30
GBP
United Kingdom
Retail Sales y/y
February
3.7%
2.6%
1.0% R (1.5%)
04:30
GBP
United Kingdom
Retail Sales ex Fuel m/m
February
1.3%
0.4%
-0.3% R (-0.2%)
04:30
GBP
United Kingdom
Retail Sales ex Fuel y/y
February
4.1%
3.2%
2.1% R (2.6%)
07:30
USD
United States
Initial Jobless Claims
Week ending 17.03.2017
258 000
240 000
241 000
09:00
USD
United States
New Home Sales
February
0.592 M
0.559 M
0.558 M R (0.555 M)
09:30
USD
United States
Natural Gas Storage
Week ending
2 092 BCF
-
2 242 BCF
10:00
EUR
Eurozone
Consumer Confidence - preliminary
January
-5.0
-5.7
-4.9
16:45
NZD
New Zealand
Trade Balance
February
 
-
-3.47 B NZD
19:30
JPY
Japan
Manufacturing PMI
March
 
-
53.5
00:30
Consumer Spending y/y
HollandEUR
Period
January
Actual
2.7%
Forecast
-
Previous
2.5%
The spending is shown on the basis of data from the budget survey. Spending on goods and services is categorized by function, i.e. goods and services that fulfil a particular need are grouped together. The various types of households are based on spending-related characteristics: level and source of income, household size and composition, age of main earner, home ownership. The budget survey also provides data on the distribution of purchases by distribution channel, also called 'shop types'.
02:00
Gfk Consumer Confidence
GermanyEUR
Period
April
Actual
9.8
Forecast
10.0
Previous
10.0
The index is taken from the survey entitled “GfK-Wirtschaftsdienst Konsum - und Sparklima” (GfK economic services – consumption and savings climate), which is published by market researchers GfK Marktforschung. The survey is essentially based on monthly interviews with consumers, which are carried out on behalf of the EU Commission. A representative sample of around 2 500 selected respondents were asked using a rota system about their views on the general economic situation and on how they saw their own financial situation.
04:30
Retail Sales m/m
United KingdomGBP
Period
February
Actual
1.4%
Forecast
0.4%
Previous
-0.5% R (-0.3%)
The Retail Sales Index (RSI) is derived from a monthly survey of 5,000 businesses in Great Britain and measures the change in the volume of sales by retailers in the country. The sample represents the whole retail sector and includes all large retailers and a representative panel of smaller businesses. Collectively all of these businesses cover approximately 95 per cent of the retail sector in terms of turnover. Higher retail sales volume shows stronger consumer demand, higher retail output, and economic growth. This is the percentage change compared with the previous month.
04:30
Retail Sales y/y
United KingdomGBP
Period
February
Actual
3.7%
Forecast
2.6%
Previous
1.0% R (1.5%)
The Retail Sales Index (RSI) is derived from a monthly survey of 5,000 businesses in Great Britain and measures the change in the volume of sales by retailers in the country. The sample represents the whole retail sector and includes all large retailers and a representative panel of smaller businesses. Collectively all of these businesses cover approximately 95 per cent of the retail sector in terms of turnover. Higher retail sales volume shows stronger consumer demand, higher retail output, and economic growth. This is the percentage change compared with the corresponding period in the previous year.
04:30
Retail Sales ex Fuel m/m
United KingdomGBP
Period
February
Actual
1.3%
Forecast
0.4%
Previous
-0.3% R (-0.2%)
The Retail Sales Index (RSI) measures the value and volume of retail sales in Great Britain on a monthly basis. The RSI is a key economic indicator and one of the earliest short-term measures of economic activity. It is used to estimate consumer spending on retail goods and the output of the retail sector, both of which are used in the compilation of the National Accounts. Retail sales statistics published in the Retail Sales Statistical Bulletin are presented for all retailing including and excluding automotive fuel and in four retail sector groupings: predominantly food, non-food, non-store retailing, automotive fuel. This is the percentage change compared with the previous month.
04:30
Retail Sales ex Fuel y/y
United KingdomGBP
Period
February
Actual
4.1%
Forecast
3.2%
Previous
2.1% R (2.6%)
The Retail Sales Index (RSI) measures the value and volume of retail sales in Great Britain on a monthly basis. The RSI is a key economic indicator and one of the earliest short-term measures of economic activity. It is used to estimate consumer spending on retail goods and the output of the retail sector, both of which are used in the compilation of the National Accounts. Retail sales statistics published in the Retail Sales Statistical Bulletin are presented for all retailing including and excluding automotive fuel and in four retail sector groupings: predominantly food, non-food, non-store retailing, automotive fuel. This is the percentage change compared with the corresponding period in the previous year.
07:30
Initial Jobless Claims
United StatesUSD
Period
Week ending 17.03.2017
Actual
258 000
Forecast
240 000
Previous
241 000
Initial Jobless Claims is a report issued by the U.S. Department of Labour on a weekly basis. 'Initial Claim' means any notice of unemployment filed to request a determination of entitlement to and eligibility for compensation or a second or subsequent period of unemployment with a benefit year or period of eligibility. This report tracks how many claims have been registered for the previous week. It is a good gauge of the U.S. job market.
09:00
New Home Sales
United StatesUSD
Period
February
Actual
0.592 M
Forecast
0.559 M
Previous
0.558 M R (0.555 M)
Estimates of new single-family houses sold and for sale are obtained from the Survey of Construction (SOC). SOC is comprised of two parts: (1) Survey of Use of Permits (SUP) which estimates the amount of new home sales in areas that require a building permit and (2) Non-permit Survey (NP) which estimates the amount of new home sales in areas that do not require a building permit. A house is considered sold when either a sales contract has been signed or a deposit accepted. Included in the estimates are houses for which a sales contract is signed or deposit accepted before construction has actually started. The estimates also include houses sold while under construction or after completion. The survey does not follow through to the completion ('closing') of the sales transaction, so even if the transaction is not finalized, the house is still considered sold. A house is considered for sale when a permit to build has been issued in permit-issuing places or work has begun on the footings or foundation in nonpermit areas and a sales contract has not been signed nor a deposit accepted.
09:30
Natural Gas Storage
United StatesUSD
Period
Week ending
Actual
2 092 BCF
Forecast
-
Previous
2 242 BCF
This report tracks U.S. natural gas inventories held in underground storage facilities. The weekly stocks generally are the volumes of working gas as of the report date. Changes in reported stock levels reflect all events affecting working gas in storage, including injections, withdrawals, and reclassifications between base and working gas. The estimates are released on Thursday at 15:30 GMT.
10:00
Consumer Confidence - preliminary
EurozoneEUR
Period
January
Actual
-5.0
Forecast
-5.7
Previous
-4.9
It is one of the components of the Economic Sentiment Indicator. The Economic Sentiment Indicator (ESI) is a composite indicator made up of five sectoral confidence indicators with different weights: Industrial confidence indicator, Services confidence indicator, Consumer confidence indicator, Construction confidence indicator Retail trade confidence indicator. Confidence indicators are arithmetic means of seasonally adjusted balances of answers to a selection of questions closely related to the reference variable they are supposed to track (e.g. industrial production for the industrial confidence indicator). Surveys are defined within the Joint Harmonized EU Program of Business and Consumer Surveys. European Commission provides preliminary data two weeks before the final report.
16:45
Trade Balance
New ZealandNZD
Period
February
Actual
 
Forecast
-
Previous
-3.47 B NZD
Data is obtained from export and import entry documents lodged with the New Zealand Customs Service (NZCS). Exports (including re-exports) are valued fob (free on board) and are shown in New Zealand dollars. Estimated values are used for goods that are not already sold at the time of export entry lodgement Imports are valued at cif (cost including insurance and freight) and are shown in New Zealand dollars. Trade balance values are calculated by deducting imports (cif) from exports (fob).
19:30
Manufacturing PMI
JapanJPY
Period
March
Actual
 
Forecast
-
Previous
53.5
The Nomura/JMMA Japan Purchasing Managers Index (PMI) is compiled by Markit Economics in association with Nomura (www.nomura.co.jp) and JMMA - Japan Materials Management Association ( www.jmma.gr.jp). Purchasing Managers' Index (PMI) is based on monthly questionnaire surveys of carefully selected companies which provide an advance indication of what is really happening in the private sector economy by tracking changes in variables such as output, new orders, stock levels, employment and prices across the manufacturing sector. The index is presented as an index with a value between 1-100. Values above 50 indicate that the economic outlook is positive. Alternately, readings below 50 mean future outlook is less favourable.

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