Calendario Económico

BNZ-BusinessNZ PSI is a monthly survey of the services sector providing
an early indicator of activity levels. A PSI reading above 50 points indicates
services activity is expanding; below 50 indicates it is contracting.
The main PMI and sub-index results are seasonally adjusted.
A higher than expected reading should be taken as positive/bullish for the NZD , while a lower than expected reading should be taken as negative/bearish for the NZD.

Balance of payments is a set of accounts recording all economic transactions between the residents of the country and the rest of the world in a given period of time, usually one year. Payments into the country are called credits, payments out of the country are called debits.
There are three main components of a balance of payments:
- current account
- capital account
- financial account
Either a surplus or a deficit can be shown in any of these components.
Current account records the values of the folling:
- trade balance
- exports and imports of goods and services
- income payments and expenditure interest, dividends, salaries
- unilateral transfers aid, taxes, one-way gifts.
It shows how a country deals with the global economy on a non-investment basis. Balance of payments shows strengths and weaknesses in a country's economy and therefore helps to achieve balanced economic growth. The release of a balance of payments can have a significant effect on the exchange rate of a national currency against other currencies. It is also important to investors of domestic companies that depend on exports.

Measures the weighted-average price of 9 dairy products sold at auction every 2 weeks. It is viewed as a leading indicator of New Zealand's trade balance because rising commodity prices boost export income. The dairy industry is New Zealand's biggest export earner, accounting for more than 29% by value of the country's exports.

Measures the weighted-average price of 9 dairy products sold at auction every 2 weeks. It is viewed as a leading indicator of New Zealand's trade balance because rising commodity prices boost export income. The dairy industry is New Zealand's biggest export earner, accounting for more than 29% by value of the country's exports.

The Redbook Index is a sales-weighted of year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9,000 stores. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.

Building Permits is a report closely watched by economists and investors alike. Since all related factors associated with the construction of a building are important economic activities (for example, financing and employment), the building permit report can give a major hint as to the state of the economy in the near future. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.

Export price tracks price changes of U.S. export goods. The figure is used to determine whether a change in the headline Export figure is representative of an increase of goods sold to foreign nations or just an increase in the price of export goods. United States exports account for approximately a tenth of the nation’s GDP. The headline figure is the percentage change in the index from either the previous month or year. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.

The Import Price Index measures the change in the price of imported goods and services purchased domestically. 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.

Foreign Securities Purchases by Canadians is a set of accounts recording all economic transactions between the residents of the country and the rest of the world in a given period of time. A high number indicates currency outflow (residents buy foreign securities, therefore change their CADs to the foreign currecny), therefor a higher than expected number would be dovish for the CAD, while a lower than expected number would be bullish.

BNZ-BusinessNZ PSI is a monthly survey of the services sector providing
an early indicator of activity levels. A PSI reading above 50 points indicates
services activity is expanding; below 50 indicates it is contracting.
The main PMI and sub-index results are seasonally adjusted.
A higher than expected reading should be taken as positive/bullish for the NZD , while a lower than expected reading should be taken as negative/bearish for the NZD.

The figures displayed in the calendar represent the average yield on the Bobls note auctioned. German Bobls notes have maturities of five 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 Bobls 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.

The figures displayed in the calendar represent the yield on the Treasury Gilt auctioned.U.K. Treasury Gilts have maturities up to 50 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 rate on a Treasury Gilt represents the return an investor will receive by holding the note 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.

The Labor Cost Index measures the change in the price businesses pay for labor, excluding overtime. It is a leading indicator of consumer 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.

BNZ-BusinessNZ PSI is a monthly survey of the services sector providing
an early indicator of activity levels. A PSI reading above 50 points indicates
services activity is expanding; below 50 indicates it is contracting.
The main PMI and sub-index results are seasonally adjusted.
A higher than expected reading should be taken as positive/bullish for the NZD , while a lower than expected reading should be taken as negative/bearish for the NZD.

The Italian 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.

The Italian 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.

BNZ-BusinessNZ PSI is a monthly survey of the services sector providing
an early indicator of activity levels. A PSI reading above 50 points indicates
services activity is expanding; below 50 indicates it is contracting.
The main PMI and sub-index results are seasonally adjusted.
A higher than expected reading should be taken as positive/bullish for the NZD , while a lower than expected reading should be taken as negative/bearish for the NZD.

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.

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.

M3 Money Supply measures the change in the total quantity of domestic currency in circulation and deposited in banks. An increasing supply of money leads to additional spending, which in turn leads to inflation.