Economic news calendar 2025, Financial calendar, Financial brokerage company

Time	Country	Event
27/Mar
20:30	US	Fed's Balance SheetPrevious: 6,756B
The Fed balance sheet is a statement listing the assets and liabilities of the Federal Reserve System. Details of the Fed's balance sheet are disclosed by the Fed in a weekly report called "Factors Affecting Reserve Balances."
20:30	US	FOMC Member Barkin SpeaksPrevious:
Richmond Fed President Thomas Barkin. His public engagements are often used to drop subtle clues regarding future monetary policy.
20:30	US	Reserve Balances with Federal Reserve BanksPrevious: 3.425T
Reserve Balances with Federal Reserve Banks is the amount of money that depository institutions maintain in their accounts at their regional Federal Reserve Banks.
23:30	JP	Tokyo Core CPI (YoY) (Mar)Previous: 2.2%
The Tokyo Core Consumer Price Index (CPI) measures the change in the price of goods and services purchased by consumers in Tokyo, excluding fresh food.A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
23:30	JP	CPI Tokyo Ex Food and Energy (MoM) (Mar)Previous: 0.2%
Consumer price index only in Tokyo excluding fresh food and energy prices. The Consumer Price Index (CPI) issued by the Ministry of Internal Affairs and Communications is divided into two categories: Nationwide and Tokyo. The Tokyo figures are usually released before the national ones. A higher than expected result would be positive news for the yen, whilst a lower than expected result would be negative news for the yen.
23:30	JP	Tokyo CPI (YoY) (Mar)Previous: 2.9%
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer at the metropolitan area of Tokyo. It is a key way to measure changes in purchasing trends and inflation. The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
23:30	JP	CPI Tokyo Ex Food & Energy (YoY) (Mar)Previous: 0.9%
Consumer price index only in Tokyo excluding fresh food and energy prices. The Consumer Price Index (CPI) issued by the Ministry of Internal Affairs and Communications is divided into two categories: Nationwide and Tokyo. The Tokyo figures are usually released before the national ones. A higher than expected result would be positive news for the yen, whilst a lower than expected result would be negative news for the yen.
23:50	JP	BoJ Summary of OpinionsPrevious:
This report includes the BOJ's projection for inflation and economic growth. It is scheduled 8 times per year, about 10 days after the Monetary Policy Statement is released.
28/Mar
01:00	PH	Trade Balance (Feb)Previous: -5,089.0M
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.A higher than expected reading should be taken as positive/bullish for the PHP , while a lower than expected reading should be taken as negative/bearish for the PHP.
01:00	PH	Imports (YoY) (Feb)Previous: 10.8%
Exports free on board (f.o.b.) and Imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries Imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting Imports as f.o.b. you will have the effect of reducing the value of Imports by the amount of the cost of insurance and freight. A higher than expected number should be taken as positive to the PHP, while a lower than expected number as negative.
01:00	PH	Exports (YoY) (Feb)Previous: 6.3%
Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents. Exports free on board (f.o.b.) and imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. A higher than expected number should be taken as positive to the PHP, while a lower than expected number as negative.
02:00	SG	Bank Lending (Feb)Previous: 836.3B
Bank Lending measures the change in the total value of outstanding bank loans issued to consumers and businesses. Borrowing and spending are closely correlated with consumer confidence.A higher than expected reading should be taken as positive/bullish for the SGD , while a lower than expected reading should be taken as negative/bearish for the SGD.
04:00	TH	Industrial Production (YoY) (Feb)Previous: -0.85%
Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.A higher than expected reading should be taken as positive/bullish for the THB, while a lower than expected reading should be taken as negative/bearish for the THB.
05:30	NL	Dutch Business Confidence (Mar)Previous: -1.2
Business Confidence measures the current business conditions in the Netherlands . It helps to analyze the economic situation in the short term. A rising trend indicates an increase in business investment which may lead to higher levels of output.A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
06:00	FI	Finnish GDP (YoY) (Feb)Previous: 2.4%
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
06:00	EE	Estonian Retail Sales (MoM) (Feb)Previous: -21.00%
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
06:00	EE	Estonian Retail Sales (YoY) (Feb)Previous: 3.00%
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
07:00	GB	GDP (QoQ) (Q4)Previous: 0.1%
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
07:00	GB	GDP (YoY) (Q4)Previous: 1.4%
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
07:00	GB	Retail Sales (MoM) (Feb)Previous: 1.7%
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
07:00	GB	Retail Sales (YoY) (Feb)Previous: 1.0%
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
07:00	GB	Core Retail Sales (YoY) (Feb)Previous: 1.2%
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. The Core number excludes Auto sales and Fuel, which tend to be very volatile.A higher than expected reading should be taken as positive/bullish for the GBP while a lower than expected reading should be taken as negative/bearish for the GBP.
07:00	GB	Core Retail Sales (MoM) (Feb)Previous: 2.1%
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. The Core number excludes Auto sales and Fuel, which tend to be very volatile. A higher than expected reading should be taken as positive/bullish for the GBP while a lower than expected reading should be taken as negative/bearish for the GBP.
07:00	GB	Business Investment (QoQ) (Q4)Previous: -3.2%
Business Investment measures the change in the total inflation-adjusted value of capital expenditure made by companies in the private sector.A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
07:00	GB	Current Account (Q4)Previous: -18.1B
The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the GBP.A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
07:00	DE	GfK German Consumer Climate (Apr)Previous: -24.7
The Gfk German Consumer Climate Index measures the level of consumer confidence in economic activity. The data is compiled from a survey of about 2,000 consumers which asks respondents to rate the relative level of past and future economic conditions. A higher than expected reading should be taken as positive/bullish for the EUR,while a lower than expected reading should be taken as negative/bearish for the EUR.
07:00	GB	Trade Balance Non-EU (Jan)Previous: -6.10B
The Trade Balance measures the difference in value between imported and exported goods sand services, from and to Non-Eu countries, over the reported period. A positive number indicates that more goods and services were exported than imported.A higher than expected reading should be taken as positive/bullish for the GBP , while a lower than expected reading should be taken as negative/bearish for the GBP.
07:00	GB	Trade Balance (Jan)Previous: -17.45B
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
07:00	GB	Business Investment (YoY) (Q4)Previous: 5.8%

07:00	TR	Turkish Economic Confidence Index (Mar)Previous: 99.20
Economic confidence index is a composite index that encapsulates consumers’ and producers’ evaluations, expectations and tendencies about general economic situation. The index is combined by means of a weighted aggregation of sub-indices of consumer confidence, seasonally adjusted real sector (manufacturing industry), services, retail trade and construction confidence indices. In the calculation of economic confidence index, each sectoral weights are not directly applied to the five confidence indices themselves but to their normalised individual sub-indices series as equally-distributed in each sector. Within this scope, totally 20 sub-indices of confidence indices for consumer, real sector, services, retail trade and construction are used in the calculation. Sub-indices used in the calculation of economic confidence index are calculated with data collected in the first two weeks of each month. It indicates an optimistic outlook about the general economic situation when economic confidence index is above 100, whereas it indicates a pessimistic outlook when it is below 100.
07:00	NO	Core Retail Sales (MoM) (Feb)Previous: 1.1%
Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP.A higher than expected reading should be taken as positive/bullish for the NOK , while a lower than expected reading should be taken as negative/bearish for the NOK.
07:00	AT	Austrian PPI (YoY) (Feb)Previous: -0.4%
The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
07:00	AT	Austrian PPI (MoM) (Feb)Previous: -0.3%
The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
07:00	DK	Unemployment Rate (Feb)Previous: 2.5%
The definition for an unemployed person is: Persons (16-65 years) who were available for work (except for temporary illness) but did not work during the survey week, and who made specific efforts to find a job within the previous 4 weeks by going to an employment agency, by applying directly to an employer, by answering a job ad, or being on a union or professional register. The percentage number is calculated unemployed / (employed + unemployed).A higher than expected reading should be taken as negative/bearish for the DKK , while a lower than expected reading should be taken as positive/bullish for the DKK.
07:00	SE	Retail Sales (MoM) (Feb)Previous: -0.7%
Retail trade excluding motor vehicles; including repair shops for personal and household goods.Adjusted for irregularity of the calendar.Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. A higher than expected reading should be taken as positive/bullish for the SEK , while a lower than expected reading should be taken as negative/bearish for the SEK.
07:00	SE	Retail Sales (YoY) (Feb)Previous: 3.2%
Retail trade excluding motor vehicles; including repair shops for personal and household goods.Adjusted for irregularity of the calendar.Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. A higher than expected reading should be taken as positive/bullish for the SEK , while a lower than expected reading should be taken as negative/bearish for the SEK.
07:00	MY	Money Supply (YoY) (Feb)Previous: 3.3%
Money Supply is the aggregate amount of monetary assets available in a country at a specific time. According to the Financial Times, Money Supply M0 and M1, also known as narrow money, includes coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M2 includes M1 plus short-term time deposits in banks. Money Supply M3 includes M2 plus longer-term time deposits. A higher than expected number should be taken as negative to the MYR while a higher than expected number as negative.
07:30	TH	Foreign Reserves (USD)Previous: 247.5B
Total of a country's gold holdings and convertible foreign currencies held in its central bank. Usually includes foreign currencies themselves, other assets denominated in foreign currencies, and particular amount of special drawing rights (SDRs). A foreign exchange reserve is a useful precaution for countries exposed to financial crises. It can be used for the purpose of intervening in the exchange market to influence or peg the exchange rate. International reserves = Gold Foreign exchange Special Drawing Rights Reserve position in the IMF.
07:30	TH	Currency Swaps (USD)Previous: 24.1B
Net Forward Position= Bank of Thailand s forward obligations to buy (+) or sell;(-) foreign currency against Thai Baht A swap that involves the exchange of principal and interest in one currency for the same in another currency. It is considered to be a foreign exchange transaction and is not required by law to be shown on a company's balance sheet.
07:45	FR	French CPI (MoM) (Mar)Previous: 0.0%
The French Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
07:45	FR	French Consumer Spending (MoM) (Feb)Previous: -0.5%
French Consumer Spending measures the change in the inflation-adjusted value of all goods expenditures by consumers. Consumer spending accounts for the majority of economic activity.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
07:45	FR	French HICP (MoM) (Mar)Previous: 0.1%
Harmonised Index of Consumer Prices, is the same as CPI, but with a joint basket of products for all Eurozone member countries. The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
07:45	FR	French CPI (YoY) (Mar)Previous: 0.8%
The French Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers. A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
07:45	FR	French PPI (MoM) (Feb)Previous: 0.7%
The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
07:45	FR	PPI (YoY) (Feb)Previous: -2.10%
The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
07:45	FR	French HICP (YoY) (Mar)Previous: 0.9%
Harmonised Index of Consumer Prices, is the same as CPI, but with a joint basket of products for all Eurozone member countries. The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
07:55	DE	German Unemployment Rate (Mar)Previous: 6.2%
The German unemployment rate measures the percentage of the total work force that is unemployed and actively seeking employment during the reported month. A higher than expected reading should be taken as negative/bearish for the EUR, while a lower than expected reading should be taken as positive/bullish for the EUR.
07:55	DE	German Unemployment Change (Mar)Previous: 5K
German Unemployment Change measures the change in the number of unemployed people during the previous month.A higher than expected reading should be taken as negative/bearish for the EUR, while lower than expected reading should be taken as positive/bullish for the EUR.
07:55	DE	German Unemployment n.s.a. (Mar)Previous: 2.989M
The definition for an unemployed person is: Persons (16-65 years) who were available for work (except for temporary illness) but did not work during the survey week, and who made specific efforts to find a job within the previous 4 weeks by going to an employment agency, by applying directly to an employer, by answering a job ad, or being on a union or professional register. The percentagenumber is calculated unemployed / (employed + unemployed).
07:55	DE	German Unemployment (Mar)Previous: 2.886M
The unemployment rate represents the number of unemployed persons expressed as a percentage of the labour force. The unemployment rate for a particular age/sex group is the number of unemployed in that group expressed as a percentage of the labour force for that group.The definition for an unemployed person is: Persons (16-65 years) who were available for work (except for temporary illness) but did not work during the survey week, and who made specific efforts to find a job within the previous 4 weeks by going to an employment agency, by applying directly to an employer, by answering a job ad, or being on a union or professional register. The percentage number is calculated unemployed / (employed + unemployed).
08:00	ES	Spanish HICP (YoY) (Mar)Previous: 2.9%
Harmonised Index of Consumer Prices, is the same as CPI, but with a joint basket of products for all Eurozone member countries. The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
08:00	ES	Spanish CPI (YoY) (Mar)Previous: 3.0%
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
08:00	CH	KOF Leading Indicators (Mar)Previous: 101.7
The KOF Leading Indicators Index is designed to predict the direction of the economy over the following six months. The index is a composite reading of 12 economic indicators related to banking confidence, production, new orders, consumer confidence and housing.A higher than expected reading should be taken as positive/bullish for the CHF, while a lower than expected reading should be taken as negative/bearish for the CHF.
08:00	ES	Spanish HICP (MoM) (Mar)Previous: 0.4%
Harmonised Index of Consumer Prices, is the same as CPI, but with a joint basket of products for all Eurozone member countries. The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
08:00	ES	Spanish CPI (MoM) (Mar)Previous: 0.4%
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
08:00	ES	Core CPI (YoY) (Mar)Previous: 2.2%
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
08:30	EU	ECB's De Guindos SpeaksPrevious:
Luis de Guindos, Vice-President of the European Central Bank, is set to speak. His speeches often contain indications on the future possible direction of monetary policy.
09:00	NO	Unemployment Rate n.s.a. (Mar)Previous: 2.20%
The definition for an unemployed person is: Persons (16-65 years) who were available for work (except for temporary illness) but did not work during the survey week, and who made specific efforts to find a job within the previous 4 weeks by going to an employment agency, by applying directly to an employer, by answering a job ad, or being on a union or professional register. The percentagenumber is calculated unemployed / (employed + unemployed).
09:00	NO	Unemployment Change (Mar)Previous: 77.45K
The definition for an unemployed person is: Persons (16-65 years) who were available for work (except for temporary illness) but did not work during the survey week, and who made specific efforts to find a job within the previous 4 weeks by going to an employment agency, by applying directly to an employer, by answering a job ad, or being on a union or professional register. The percentagenumber is calculated unemployed / (employed + unemployed).
09:00	IT	Italian Consumer Confidence (Mar)Previous: 98.8
Italian Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. Higher readings point to higher consumer optimism.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
09:00	IT	Italian Business Confidence (Mar)Previous: 87.0
Business Confidence rates the current level of business conditions. It helps to analyze the economic situation in the short term. A rising trend indicates an increase in business investment which may lead to higher levels of output.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
09:00	NG	Foreign Reserves (USD) (Mar)Previous: 38.50B
Consisting of official public sector foreign assets that are readily available to, and controlled by the monetary authorities, for direct financing of payment imbalances, and directly regulating the magnitude of such imbalances, through intervention in the exchange markets to affect the currency exchange rate and/or for other purposes.
09:30	PT	Portuguese Consumer Confidence (Mar)Previous: -15.30
Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity.A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
09:30	PT	Portuguese Business Confidence (Mar)Previous: 2.7
Business Confidence measures the current business conditions in Portugal. It helps to analyze the economic situation in the short term. A rising trend indicates an increase in business investment which may lead to higher levels of output.A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
10:00	EU	Industrial Sentiment (Mar)Previous: -11.4
Industrial Sentiment is an indicator that measures the mood of consumers or businesses. based on a survey during which respondents rate their opinion on different issues concerning current and future conditions. A higher than expected number should be taken as positive to the EUR, while a lower than expected number as negative.
10:00	EU	Services Sentiment (Mar)Previous: 6.2
Balances: i.e. Differences between the percentages of respondents giving positive and negative replies.The indicator is an average of the responses (seasonally adjusted balances) to the questions on business climate and evolution of demand.
10:00	EU	Selling Price Expectations (Mar)Previous: 9.8
Indexes that measures the average change in selling prices received by domestic producers of goods and services over time. PPIs measure price change from the perspective of the seller.
10:00	EU	Consumer Inflation Expectation (Mar)Previous: 21.1
Consumer Inflation Expectation number is a report by Eurostat that tries to forecast inflation forward, by analysing survey's of consumers all over the Eurozone. The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
10:00	EU	Consumer Confidence (Mar)Previous: -14.5
Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. The reading is compiled from a survey of about 2,300 consumers in the euro zone which asks respondents to evaluate future economic prospects. Higher readings point to higher consumer optimism.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
10:00	EU	Business Climate (Mar)Previous: -0.74
The Business Climate indicator is based on monthly business surveys and is designed to deliver a clear and timely assessment of the cyclical situation within the euro area. A higher than expected number should be taken as positive to the EUR, while a lower than expected number as negative.
10:00	EU	Business and Consumer Survey (Mar)Previous: 96.3
The Business and Consumer Survey is a composite index which measures the level of confidence in the euro zone. The index is compiled from five different indicator surveys which are taken on a monthly basis, including: industrial, services, consumer, retail, and construction. The survey can indicate potential in both consumer and business spending in the euro zone.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
10:00	IT	Italian Industrial Sales (YoY) (Jan)Previous: -7.20%
The Data showes the monthly change in the total turnover of the Italian industry.
10:00	IT	Italian Industrial Sales (MoM) (Jan)Previous: -2.70%
The Data showes the monthly change in the total turnover of the Italian industry.
10:00	GR	Greek PPI (YoY) (Feb)Previous: 0.3%
The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.
10:30	IT	Italian 10-Year BTP AuctionPrevious: 3.55%
The figures displayed in the calendar represent the average yield on the Buoni del Tesoro Poliannuali or BTP auctioned. Italian BTP bonds have maturities of five, ten, fifteen and thirty years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital. The yield on the BTP represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid. Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
10:30	BE	Belgium CPI (MoM) (Mar)Previous: 0.20%
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
10:30	BE	Belgium CPI (YoY) (Mar)Previous: 3.55%
The consumer price index (CPI) is a measure of change in the general level of prices of goods and services bought by households over a specified period of time. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. The consumer price index is used as a measurement of inflation and is a key economic figure. Likely impact: 1) Interest Rates: Larger-than-expected quarterly increase in price inflation or increasing trend is considered inflationary; this will cause bond prices to drop and yields and interest rates to rise. 2) Stock Prices: Higher than expected price inflation is bearish on the stock market as higher inflation will lead to higher interest rates. 3) Exchange Rates: High inflation has an uncertain effect. It would lead to depreciation as higher prices mean lower competitiveness. Conversely, higher inflation causes higher interest rates and a tighter monetary policy that leads to an appreciation.
10:30	IT	Italian 5-Year BTP AuctionPrevious: 2.93%
The figures displayed in the calendar represent the average yield on the Buoni del Tesoro Poliannuali or BTP auctioned. Italian BTP bonds have maturities of three,five, ten, fifteen and thirty years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital.The yield on the BTP represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid.Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
11:00	LV	Latvian Retail Sales (MoM) (Feb)Previous: -0.60%
Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. The most volatile components like autos, gas prices and food prices are often removed from the report to show more underlying demand patterns as changes in sales in these categories are frequently a result of price changes. It is not adjusted for inflation. Spending on services is not included. Rising retail sales indicate stronger economic growth.
11:00	LV	Latvian Retail Sales (YoY) (Feb)Previous: 2.10%
Retail sales data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. The most volatile components like autos, gas prices and food prices are often removed from the report to show more underlying demand patterns as changes in sales in these categories are frequently a result of price changes. It is not adjusted for inflation. Spending on services is not included. Rising retail sales indicate stronger economic growth.
11:00	BR	IGP-M Inflation Index (MoM) (Mar)Previous: 1.06%
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. Although some countries still use the WPIs as a measure of inflation, many countries, including the United States, use the producer price index (PPI) instead.
11:00	IT	Italian PPI (YoY) (Feb)Previous: 4.4%
The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
11:00	IT	Italian PPI (MoM) (Feb)Previous: 1.6%
The Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
11:00	IE	Irish Retail Sales (MoM) (Feb)Previous: -0.5%
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
11:00	IE	Irish Retail Sales (YoY) (Feb)Previous: -0.3%
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
11:00	IL	M1 Money Supply (YoY) (Feb)Previous: -2.8%
Israeli M1 figure measeures the amount of money in circulation in notes, coin, current accounts, and deposit accounts transferable by cheque, Usually a higher than expected number would indicate inflationary pressure and the effect of that on the currency may go both ways.
11:30	IN	FX Reserves, USDPrevious: 654.27B
International reserves are used to settle balance of payments deficits between countries. International reserves are made up of foreign currency assets, gold, holdings of SDRs and reserve position in the IMF.Usually includes foreign currencies themselves, other assets denominated in foreign currencies, and particular amount of special drawing rights (SDRs). A foreign exchange reserve is a useful precaution for countries exposed to financial crises. It can be used for the purpose of intervening in the exchange market to influence or peg the exchange rate.A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.
11:30	IN	Deposit GrowthPrevious: 10.3%

11:30	IN	Bank Loan GrowthPrevious: 11.0%
Bank Loan Growth measures the change in the total value of outstanding bank loans issued to consumers and businesses. Borrowing and spending are closely correlated with consumer confidence.A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.
12:00	BR	Unemployment Rate (Feb)Previous: 6.5%
The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment.A higher than expected reading should be taken as negative/bearish for the BRL, while a lower than expected reading should be taken as positive/bullish for the BRL.
12:00	MU	GDP AnnualPrevious: 7.00%
Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measure of national economic well-being but expressed in volume (adjusted for inflation) it is the closest single number we have got to such a measure. It is the sum of final expenditures; Export of goods and services, Imports of goods and services, Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocks. The difference between Gross National Product and Gross Domestic Product is the Net Factor Income/Payments abroad.
12:00	BW	GDP Quarterly (Q4)Previous: -2.90%
Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measure of national economic well-being but expressed in volume (adjusted for inflation) it is the closest single number we have got to such a measure. It is the sum of final expenditures; Export of goods and services, Imports of goods and services, Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocks. The difference between Gross National Product and Gross Domestic Product is the Net Factor Income/Payments abroad.
12:00	BW	GDP (YoY) (Q4)Previous: -4.30%

12:00	CL	Unemployment Rate (Feb)Previous: 8.0%
The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment.A higher than expected reading should be taken as negative/bearish for the CLP, while a lower than expected reading should be taken as positive/bullish for the CLP.
12:00	MX	Unemployment Rate n.s.a. (Feb)Previous: 2.70%
The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment.A higher than expected reading should be taken as negative/bearish for the MXN, while a lower than expected reading should be taken as positive/bullish for the MXN.
12:00	MX	Unemployment Rate (Feb)Previous: 2.60%
The rate is defined as the number of persons unemployed (according to ILO definitions) in the reference week of the survey as a percent of the economically active population (PEA). The PEA itself is defined as the number ofpeople aged 12 or more employed in the reference week or unemployed and available for work and having actively sought work in the two months preceding the reference week. The PEA includes the self-employed and professionals membersof the armed forces but excludes conscripts.
12:30	US	Core PCE Price Index (MoM) (Feb)Previous: 0.3%
The Core Personal Consumption Expenditure (PCE) Price Index measures the changes in the price of goods and services purchased by consumers for the purpose of consumption, excluding food and energy. Prices are weighted according to total expenditure per item. It measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
12:30	US	Core PCE Price Index (YoY) (Feb)Previous: 2.6%
The Core PCE price Index is the less volatile measure of the PCE price index which excludes the more volatile and seasonal food and energy prices. The impact on the currency may go both ways, a rise in inflation may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in inflation may lead to a deepened recession and therefore a fall in local currency.
12:30	CA	GDP (MoM) (Jan)Previous: 0.2%
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. Canada releases fresh GDP data on a monthly basis.A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
12:30	US	Personal Spending (MoM) (Feb)Previous: -0.2%
Personal Spending measures the change in the inflation-adjusted value of all spending by consumers. Consumer spending accounts for a majority of overall economic activity. However, this report tends to have a mild impact, as government data on retail sales is released about two weeks earlier. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

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