Economic Calendar
Major macro releases this week — central bank decisions, jobs reports, inflation prints. Times shown in your local timezone.
Wed, Oct 14
In Brazil, the Industrial Entrepreneur Confidence Index (ICEI) measures the current situation of businesses and their future prospects. The survey covers about 2,500 companies in the construction, mining, and manufacturing industries. The questionnaire is made by phone and focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator varies on a scale of 0 to 100 where 50 indicates neutrality, 0 indicates extreme lack of confidence and 100 extreme confidence.
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.
Federal Government budget balance is the difference between budget receipts (income) and budget outlays (spending). A budget surplus is expressed as a positive value. A budget deficit is expressed as a negative value.
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
In Japan, Machinery Orders YoY measure the year-over-year change in private sector machinery orders, excluding highly volatile categories such as shipbuilding and orders from electric power companies. This indicator is considered a key gauge of capital spending and business investment intentions in the coming months.
In Japan, Machinery Orders measure the month-over-month change in private sector machinery orders, excluding highly volatile categories such as shipbuilding and orders from electric power companies. This indicator is considered a key gauge of capital spending and business investment intentions in the coming months.
Thu, Oct 15
Today
In Australia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
In Australia, full time employment change refers to the change in the number of employed persons who usually work 35 hours or more a week (in all jobs) and those who, although usually working fewer than 35 hours a week, work 35 hours or more during the reference week.
In Australia, employment change refers to the absolute change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment.
In Japan, interest rates are set by the Bank of Japan's Policy Board in its Monetary Policy Meetings. The BoJ's official interest rate is the discount rate. Monetary Policy Meetings produce a guideline for money market operations in inter-meeting periods and this guideline is written in terms of a target for the uncollateralized overnight call rate.
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.
Manufacturing production measures the output of businesses operating in the manufacturing sector. It is the most important sector in the UK and accounts for 70 percent of total production. The biggest segments within Manufacturing are: Food, drink and tobacco (11 percent of total production); transport equipment (9 percent); basic metals (8 percent); other manufacturing and repair (6 percent); pharmaceutical products and preparations (6 percent); and rubber and plastic products and non-metallic mineral products (6 percent).
GDP measures the value of goods and services produced in the UK. The reading refers to a three-month growth rate, which is a better indicator of the underlying growth in GDP as the monthly figure is likely to be more volatile. In this sense, the monthly release can be thought of as a monthly update on three months’ worth of data on the economy, rather than a figure representing the economy in just one month. Rolling three-month data is calculated by comparing growth in a three-month period with growth in the previous three-month period, for example growth in March to May compared with the previous December to February.
GDP measures the value of goods and services produced in the UK. The reading refers to a month-over-month growth rate.
The UK’s goods trade deficit has continued to widen in recent years, driven by a stronger pound that boosted domestic demand and imports while weighing on exports. This trend has been compounded by significant shifts in US trade policy. Following the Trump administration’s announcement of new import tariffs on 2 April 2025, many UK businesses reported being affected by the measures. In response, the UK government signed a new trade agreement with the US, effective 30 June 2025. The deal reduced tariffs on UK car exports and removed duties on aluminum and steel, while a 10% blanket tariff remains in place for all other UK exports to the US.
In the United Kingdom, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 70 percent of total production. The biggest segments within Manufacturing are: Food, drink and tobacco (11 percent of total production); transport equipment (9 percent); basic metals (8 percent); other manufacturing and repair (6 percent); pharmaceutical products and preparations (6 percent); and rubber and plastic products and non-metallic mineral products (6 percent). Mining and quarrying account for 12 percent of production, as oil and gas extraction accounts for 10 percent. Electricity, gas, steam and air conditioning account for 11 percent of total output and water supply, sewerage and waste management account for 8 percent.
India has been recording sustained trade deficits since 1980 mainly due to the strong imports growth, particularly of mineral fuels, oils and waxes and bituminous substances and pearls, precious and semi-precious stones and jewelry. In recent years, the biggest trade deficits were recorded with China, Switzerland, Saudi Arabia, Iraq and Indonesia. India records trade surpluses with the US, United Arab Emirates, Hong Kong, United Kingdom and Vietnam.
In China, new yuan loans refer to financial institutions Renminbi credit funds balance sheet. They represent more than four-fifths of all loans.
In Euro Area, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.
In Brazil, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Brazil, Retail sales are seasonal, volatile and relatively important to the overall economy.
Initial jobless claims refer to the number of people who have filed for unemployment benefits with their state's unemployment agency for the first time during a specific reporting period, typically on a weekly basis. .
Control-group retail sales in the US exclude sales of volatile categories such as automobiles, gasoline stations, building materials, and food services. These figures are a key input for the government's calculation of goods spending in gross domestic product (GDP).
Philadelphia Fed Manufacturing Index is based on The Business Outlook Survey of manufacturers in the Third Federal Reserve District. Participants report the direction of change in overall business activity and in the various measures of activity at their plants: employment, working hours, new and unfilled orders, shipments, inventories, delivery times, prices paid, and prices received. The index above 0 indicates factory-sector growth, below 0 contraction.
New York Empire State Manufacturing Index is based on data compiled from the survey of 200 executives from the companies in the manufacturing sector in the New York State. Participants report the change in 11 indicators including level of general business activity, new orders, shipments, inventories, number of employees, delivery time, capital expenditure from the previous month and the likely direction of these indicators in six months. A reading above 0 indicates manufacturing activity is expanding, below 0 is contracting.
In the United States, the Producer Price Index for final demand measures price change for commodities sold for personal consumption, capital investment, government, and export. It is composed of six main price indexes: final demand goods (33 percent of the total weight), which includes food and energy; final demand trade services (20 percent); final demand transportation and warehousing services (4 percent); final demand services less trade, transportation, and warehousing (41 percent); final demand construction (2 percent); and overall final demand.
In the United States, the Producer Price Inflation MoM for final demand measures month-over-month changes in the price for commodities sold for personal consumption, capital investment, government, and export. It is composed of six main price indexes: final demand goods (33 percent of the total weight), which includes food and energy; final demand trade services (20 percent); final demand transportation and warehousing services (4 percent); final demand services less trade, transportation, and warehousing (41 percent); final demand construction (2 percent); and overall final demand.
Retail Sales Ex Autos report in the US provides aggregated measure of sales of retail goods and services excluding the automobile sector over a period of a month.
Retail sales report in the US provides aggregated measure of sales of retail goods and services over a period of a month. There are thirteen major types of retailers: Motor vehicle & parts dealers (20% of total sales), Nonstore retailers (17%), Food services & drinking places (14%), Food & beverage stores (12%), General merchandise stores (10%), Gasoline stations (7%), Building material & garden equipment dealers (6%), Health & personal care stores (5%), Clothing & clothing accessories stores (3%), Miscellaneous store retailers (2%), Furniture & home furnishings stores (2%), Sporting goods, hobby, musical instrument & book stores (1%), and Electronics & appliance stores (1%).
Retail sales report in the US provides aggregated measure of sales of retail goods and services over a period of a month. There are thirteen major types of retailers: Motor vehicle & parts dealers (20% of total sales), Nonstore retailers (17%), Food services & drinking places (14%), Food & beverage stores (12%), General merchandise stores (10%), Gasoline stations (7%), Building material & garden equipment dealers (6%), Health & personal care stores (5%), Clothing & clothing accessories stores (3%), Miscellaneous store retailers (2%), Furniture & home furnishings stores (2%), Sporting goods, hobby, musical instrument & book stores (1%), and Electronics & appliance stores (1%).
Retail Sales Ex Autos report in the US provides aggregated measure of sales of retail goods and services excluding the automobile sector over a period of a month.
Business Inventories in the United States measure the monthly percentage changes in inventories from manufacturers, retailers, and wholesalers. Inventories are a key component of gross domestic product.
Atlanta Fed GDPNow is a real-time model from the Federal Reserve Bank of Atlanta that provides a “nowcast” of US real GDP growth for the current quarter before the official estimate from the Bureau of Economic Analysis (BEA). The model estimates 13 GDP subcomponents: personal consumption expenditures; private fixed investment; change in private inventories; exports; imports; federal government consumption and investment; and state and local government consumption and investment, with several categories further broken down into underlying components. GDPNow is updated as new economic data are released, typically six or seven times a month, and produces a data-driven estimate with no subjective adjustments. It is not an official forecast of the Atlanta Fed or the Federal Reserve.
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
Stocks of gasoline refers to the weekly change of the gasoline supply situation.
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.
The Business NZ Performance of Manufacturing Index (PMI) is a composite index based on the diffusion indexes for production, new orders, delivered, inventories and employment. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.
In South Korea, the seasonally adjusted unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Fri, Oct 16
TomorrowIn 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).
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.
In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate. Since 1996 the Bank Rate is set at the upper limit of an operating band for the money market overnight rate. Previously, from March 1980 until February 1996 the Bank Rate was set at 25 basis points above the weekly average tender rate for 3-month Treasury bills.
The Euro Area is one of the world’s biggest players in global trade. The bloc runs regular trade surpluses primarily due to the high export of manufactured goods such as machinery and vehicles. However, it is a net importer of energy and raw materials. Germany by far contributes the most to surplus followed by Netherlands, Ireland, and Italy. On the other hand, the deficits are constantly recorded in France and Spain. Still, in 2022, the block run the biggest trade deficit on record as the energy imports surged after the war in Ukraine forced the members to reduce energy imports from Russia and destabilized the energy markets. .
In Canada, a housing start is defined as the beginning of construction work on the building where the dwelling unit will be located. This can be described in 2 ways: usually, the stage when the concrete has been poured for the whole of the footing around the structure; or an equivalent stage where a basement will not be part of the structure.
In the United States, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates.
In the United States, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates.
In the United States, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 78 percent of total production. The biggest segments within Manufacturing are: Chemicals (12 percent of total production); food, drink and tobacco (11 percent); machinery (6 percent); fabricated metal products (6 percent); computer and electronic products (6 percent); and motor vehicles and parts (6 percent). Mining and quarrying account for 11 percent of production and utilities account for the remaining 11 percent.
Federal Government budget balance is the difference between budget receipts (income) and budget outlays (spending). A budget surplus is expressed as a positive value. A budget deficit is expressed as a negative value.
The Net Long-Term TIC Flows track the flow of Treasury and agency securities, corporate bonds and equities, into and out of the United States.
Sat, Oct 17
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).
Sun, Oct 18
New Zealand is greatly dependent on international trade. New Zealand's economy has traditionally been based on a foundation of exports from its very efficient agricultural system: dairy products, meat, forest products, fruit and beverages. New Zealand imports mainly vehicles, machinery and equipment, petroleum, electronics, plastics and aircraft. Its main trading partners are: China, Australia, the US, Japan and South Korea.
New Zealand is greatly dependent on international trade. New Zealand's economy has traditionally been based on a foundation of exports from its very efficient agricultural system: dairy products, meat, forest products, fruit and beverages. New Zealand imports mainly vehicles, machinery and equipment, petroleum, electronics, plastics and aircraft. Its main trading partners are: China, Australia, the US, Japan and South Korea.
Mon, Oct 19
In China, Housing Index is measured by year-over-year change in the index of newly built residential buildings in 70 medium and large cities. The index is calculated in weighted average method and the weight of each city is based on the population.
In China, 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.
In China, the growth rate in GDP measures the change in the seasonally adjusted value of the goods and services produced by the Chinese economy during the quarter. As China’s traditional growth engines of manufacturing and construction are slowing down, services have emerged as the new driver. In the last few quarters strength in services and consumption helped to offset weaker manufacturing and exports.
In China, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.
In China, Gross Domestic Product is divided by three sectors: Primary, Secondary and Tertiary. The Primary Industry includes Farming, Forestry, Animal Husbandry, and Fishery and accounts for around 9 percent of GDP. The Secondary sector, which includes Industry (40 percent of GDP) and Construction (9 percent of GDP) is the most important. The Tertiary sector accounts for the remaining 44 percent of total output and consist of Wholesale and Retail Trades; Transport, Storage, and Post; Financial Intermediation; Real Estate; Hotel and Catering Services and Others.
In China, urban investment in fixed assets is one of the main measures of capital spending. It refers to investment in construction projects with a total planned investment of 5 million yuan; machinery and equipment and real estate development in both urban and rural areas. It refers to investment made by state-owned enterprises and private businesses, institutions or individuals.
In China, Foreign Direct Investment refers to foreign capital actually utilized, which is to the amount which has been actually used according to the agreements and contracts, including cash, materials and invisible capital such as labor service and technology which both parties agree to take as an investment.
In Brazil, interest rate decisions are taken by The Central Bank of Brazil's Monetary Policy Committee (COPOM). The official interest rate is the Special System of Clearance and Custody rate (SELIC) which is the overnight lending rate.
In Canada, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes eight of the most volatile components identified by the Bank of Canada including: fruit, fruit preparations and nuts; vegetables and vegetable preparations; mortgage interest cost; natural gas; fuel oil and other fuels; gasoline; inter-city transportation; and tobacco products and smokers' supplies. It also excludes the effect of changes in indirect taxes.
In Canada, the most important categories in the CPI basket are Shelter (30 percent of the total weight) and Transportation (17 percent). Food accounts for 16 percent; Household Operations, Furnishings and Equipment for 15 percent; Recreation, Education and Reading for 9 percent; Health and Personal Care for 5 percent; Alcoholic Beverages and Tobacco Products for 5 percent and Clothing and Footwear for the remaining 4 percent. The CPI basket is reviewed every four years on the basis of household surveys. The current weights are based on spending patterns in 2002.
Inflation Rate MoM measures month over month change in the price of goods and services.
In Brazil, interest rate decisions are taken by The Central Bank of Brazil's Monetary Policy Committee (COPOM). The official interest rate is the Special System of Clearance and Custody rate (SELIC) which is the overnight lending rate.
NAHB/Wells Fargo Housing Market Index (HMI) is based on a monthly survey of home builders. They are asked to rate current sales of single-family homes and sales expectations for the next six months and to rate traffic of prospective buyers. Scores for responses to each component are used to calculate a seasonally adjusted overall index, where a number over 50 indicates more builders view sales conditions as good than poor.
In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate. Since 1996 the Bank Rate is set at the upper limit of an operating band for the money market overnight rate. Previously, from March 1980 until February 1996 the Bank Rate was set at 25 basis points above the weekly average tender rate for 3-month Treasury bills.
In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate. Since 1996 the Bank Rate is set at the upper limit of an operating band for the money market overnight rate. Previously, from March 1980 until February 1996 the Bank Rate was set at 25 basis points above the weekly average tender rate for 3-month Treasury bills.
Tue, Oct 20
The People’s Bank of China (PBOC) on August 17th, 2019, designated the Loan Prime Rate (LPR) the new lending benchmark for new bank loans to households and businesses, replacing the central bank’s benchmark one-year lending rate. The rate is based on a weighted average of lending rates from 18 commercial banks, which will submit their LPR quotations, based on what they have bid for PBOC liquidity in open market operations, to the national interbank funding center before 9am CST on the 20th of every month.
Switzerland has been running consistent trade surpluses. The biggest trade surpluses are recorded with the US, India, the UK, China, Hong Kong, Japan and Singapore; and the largest deficits were recorded with the UAE, Germany, Ireland, Italy and Thailand.
In the United Kingdom, employment change refers to the 3-month moving average compared to the previous period in the number of people in employment aged 16 and over.
In the United Kingdom, the headline unemployment rate is the number of unemployed people (aged 16+) divided by the economically active population (aged 16+).
In the United Kingdom, wage growth refers to changes in average weekly earnings, before tax and other deductions and including bonuses. The series measures the three-month average growth rate.
In the Euro Area, the ZEW Economic Sentiment Index measures the level of optimism that analysts have about the expected economic developments over the next 6 months. The survey covers up to 350 financial and economic analysts. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. Therefore, the ZEW indicator measures the confidence on a scale of -100 (all analysts expect the economy to deteriorate) up to 100 (all analysts expect it to improve). A 0 value indicates neutrality.
The preliminary estimate of the ADP National Employment Report reflects weekly changes in private employment and includes a four-week moving average of total private employment variation.
Housing Starts refer to the number of new residential construction projects that have begun during any particular month. Estimates of housing starts include units in structures being totally rebuilt on an existing foundation.
Housing Starts refer to the number of new residential construction projects that have begun during any particular month. Estimates of housing starts include units in structures being totally rebuilt on an existing foundation.
Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.
Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.
The Pending Home Sales Index, a leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts for existing single-family homes, condos and co-ops. When a seller accepts a sales contract on a property, it is recorded into a Multiple Listing Service (MLS) as a "pending home sale." The majority of pending home sales become home sale transactions, typically one to two months later. The National Association of Realtors collects pending home sales data from MLSs and large brokers. Altogether, data from over 100 MLSs & 60 large brokers is received providing a large sample size covering 50% of the existing home sales sample. This is equal to 20 percent of all transactions.
The Pending Home Sales Index, a leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts for existing single-family homes, condos and co-ops. When a seller accepts a sales contract on a property, it is recorded into a Multiple Listing Service (MLS) as a "pending home sale." The majority of pending home sales become home sale transactions, typically one to two months later. The National Association of Realtors collects pending home sales data from MLSs and large brokers. Altogether, data from over 100 MLSs & 60 large brokers is received providing a large sample size covering 50% of the existing home sales sample. This is equal to 20 percent of all transactions.
Atlanta Fed GDPNow is a real-time model from the Federal Reserve Bank of Atlanta that provides a “nowcast” of US real GDP growth for the current quarter before the official estimate from the Bureau of Economic Analysis (BEA). The model estimates 13 GDP subcomponents: personal consumption expenditures; private fixed investment; change in private inventories; exports; imports; federal government consumption and investment; and state and local government consumption and investment, with several categories further broken down into underlying components. GDPNow is updated as new economic data are released, typically six or seven times a month, and produces a data-driven estimate with no subjective adjustments. It is not an official forecast of the Atlanta Fed or the Federal Reserve.
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
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).
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.
Wed, Oct 21
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 MoM measures month over month change in the price of goods and services.
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%).
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.
Stocks of gasoline refers to the weekly change of the gasoline supply situation.
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
Inflation Rate QoQ measures quarter over quarter change in the price of goods and services.
Thu, Oct 22
In South Korea the interest rates decisions are taken by the Bank of Korea’s (BOK) Monetary Policy Committee. The official interest rate is the Bank of Korea Base Rate which was changed from overnight call rate on March 2008.
The automotive industry contributes to more than 7% of the European Union's GDP and provides over 13 million jobs.
In Switzerland, interest rate decisions are taken by the Swiss National Bank. The official interest rate is the SNB policy rate. The SNB seeks to keep the secured short-term Swiss franc money market rates close to the SNB policy rate. SARON is the most representative of these rates today. As of 13 June 2019, the SNB policy rate replaced the target range for the three-month Swiss franc Libor (London Interbank Offered Rate) previously used in the SNB's monetary policy strategy. The reason for this adjustment was that the Libor was becoming less relevant as the most important reference rate owing to the absence of the underlying money market transactions. From 6 September 2011 to 15 January 2015, the main focus of implementation was on the minimum exchange rate of CHF 1.20 per euro, which the SNB enforced during this period. On 18 December 2014, the SNB decided to impose an interest rate of -0.25% on sight deposit account balances. With the announcement of a negative interest rate, the Libor target range used then was taken into negative territory for the first time, and extended to its usual width of 1 percentage point. On 15 January 2015, the SNB lowered the interest rate on sight deposits to -0.75% and moved the target range downwards to between -1.25% and -0.25%. Negative interest has applied since 22 January 2015 and currently corresponds to the SNB policy rate.
In the United Kingdom, the Business Optimism Index is published by the Confederation of British Industry's in its Industrial Trends Survey. An average of 400 small, medium and large companies from the manufacturing sector is surveyed each quarter. The Questionnaire accesses the overall sentiment regarding general and export business situation, investment, capacity, order books, employment, output, stocks, prices competitiveness regarding domestic, EU and non-EU markets and innovation and training. For each assessment is computed a sub-index as the percentage of positive answers minus the percentage of negative answers. The composite index is then computed as the weighted average of the sub-indices. An Optimism Index of +100 indicates that all survey respondents are much more confident about future prospects, while -100 suggests that all survey respondents are much less confident about future prospects. An index level of 0 indicates neutrality.
In the United Kingdom, the Confederation of British Industry‘s Industrial Trends Survey of total order book balance tracks changes in the level of factory orders from around 500 companies across 38 sectors of manufacturing industry. The survey covers domestic and export orders, stocks, price, investment intentions and output expectations. For each variable, manufacturers are asked if present situation is above normal, normal or below normal. The results are presented as a weighted percentage balance, that is, the difference between the percentage of respondents replying more or up to each question minus the percentage replying less or down.
In Brazil, interest rate decisions are taken by The Central Bank of Brazil's Monetary Policy Committee (COPOM). The official interest rate is the Special System of Clearance and Custody rate (SELIC) which is the overnight lending rate.
Initial jobless claims refer to the number of people who have filed for unemployment benefits with their state's unemployment agency for the first time during a specific reporting period, typically on a weekly basis. .
In Euro Area, the Consumer Economic Sentiment Indicator measures the level of optimism that consumers have about the economy. The survey is made by phone and covers 23 000 households in the Euro Area. The number of households sample varies across the zone. The questions focus on current economic and financial situation, savings intention as well as on expected developments regarding: consumer price indexes, general economic situation and major purchases of durable goods. The Consumer ESI measures consumer confidence on a scale of -100 to 100, where -100 indicate extreme lack of confidence, 0 neutrality and 100 extreme confidence.
The S&P Global Australia Manufacturing PMI is compiled by S&P Global from responses to monthly questionnaires sent to purchasing managers in a panel of around 400 manufacturers. The headline figure is the Purchasing Managers’ Index (PMI), which is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.
The S&P Global Australia Services PMI is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 service sector companies. The sectors covered include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services. The headline figure is the Services Business Activity Index. This is a diffusion index calculated from a question that asks for changes in the volume of business activity compared with one month previously. The Services Business Activity Index is comparable to the Manufacturing Output Index. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.
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.
In Japan, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes prices of fresh food.
In Japan, the most important categories in the consumer price index are Food (26 percent of total weight) and Housing (21 percent). Transportation and communications account for 15 percent; Culture and recreation for 9 percent; Fuel, light and water charges for 7 percent; Miscellaneous goods and services for 6 percent; and Medical care for 5 percent. Furniture and household utensils, Clothes and footwear, and Education account for the remaining 10 percent of total weight.
Fri, Oct 23
The S&P Global Japan Manufacturing PMI is a monthly indicator of manufacturing sector performance, based on survey responses from a panel of approximately 400 manufacturers. Survey participants report changes compared to the previous month across several business variables. Each response is used to calculate a diffusion index ranging from 0 to 100, where a reading above 50 signals expansion, and below 50 indicates contraction. The headline figure, known as the Purchasing Managers’ Index™ (PMI), is a weighted composite of five key components: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%), and Stocks of Purchases (10%). To ensure consistency in directional movement, the Suppliers’ Delivery Times Index is inverted when incorporated into the overall PMI.
The S&P Global Japan Services PMI is a monthly indicator of economic activity in Japan’s service sector, based on survey responses from around 400 companies across industries such as transport, finance, communication, real estate, and business services (excluding retail). Respondents report changes relative to the previous month, and results are presented as diffusion indices, ranging from 0 to 100. An index above 50 signals growth, while below 50 indicates contraction. The main metric is the Services Business Activity Index, reflecting changes in business activity volume and serving as the headline figure. While sometimes called the "Services PMI," it is not directly comparable to the headline Manufacturing PMI, but aligns more closely with the Manufacturing Output Index.
The HSBC India Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 500 manufacturing companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.
The HSBC India Services PMI (Purchasing Managers' Index) is based on data compiled from monthly replies to questionnaires sent to purchasing executives in around 350 private service sector companies. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.
In India, the HSBC India Composite Output Index is a weighted average of the Manufacturing Output Index and the Services Business Activity Index and tracks business trends across private sector activity, based on data collected from a representative panel of around 800 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.
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.
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.
The S&P Global Eurozone Manufacturing PMI is compiled by S&P Global from responses to monthly questionnaires sent to survey panels of manufacturers in Germany, France, Italy, Spain, the Netherlands, Austria, Ireland and Greece, totaling around 3,000 private sector companies. The headline figure is the Purchasing Managers’ Index (PMI), which is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.
The S&P Global Eurozone Composite Output Index, which is a weighted average of the Manufacturing Output Index and the Services Business Activity Index, is compiled by S&P Global from responses to questionnaires sent to survey panels of manufacturers in Germany, France, Italy, Spain, the Netherlands, Austria, Ireland and Greece, and of service providers in Germany, France, Italy, Spain and Ireland, totaling around 5,000 private sector companies. The index tracks variables such as sales, new orders, employment, inventories and prices; and varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.
The S&P Global Eurozone Services PMI is compiled by S&P Global from responses to questionnaires sent to a panel of service providers in Germany, France, Italy, Spain and Ireland. The sectors covered include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services. The headline figure is the Services Business Activity Index. This is a diffusion index calculated from a question that asks for changes in the volume of business activity compared with one month previously. The Services Business Activity Index is comparable to the Manufacturing Output Index. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.
The S&P Global/CIPS UK Services PMI (Purchasing Managers' Index) is based on data collected from companies in the transport and communication sector, financial intermediation, business services, personal services, computing and IT and hotels and restaurants. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.
Markit/CIPS UK Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 600 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.
In Canada, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Canada, Retail sales are seasonal, volatile and relatively important to the overall economy.
In Canada, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Canada, Retail sales are seasonal, volatile and relatively important to the overall economy.
Retail Sales Ex Autos report in Canada provides aggregated measure of sales of retail goods and services excluding the automobile sector over a period of a month.
In Canada, New Housing Price Index (NHPI) measures changes over time in the contractors' selling prices of new residential houses, where specifications of each house remain the same between two consecutive periods.
The S&P Global US Services PMI is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 service sector companies. The sectors covered include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services. The index tracks variables such as sales, employment, inventories and prices; and varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. The headline figure is the Services Business Activity Index, which is a diffusion index calculated from a question that asks for changes in the volume of business activity compared with one month previously. The Services Business Activity Index is comparable to the Manufacturing Output Index. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.
In the United States, the S&P Global Composite PMI Output Index, which is a weighted average of the Manufacturing Output Index and the Services Business Activity Index, tracks business trends across both manufacturing and service sectors. The index is based on data collected from a representative panel of over 800 companies and follows variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity while below 50 points to contraction. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.
The S&P Global US Manufacturing PMI is compiled by S&P Global from responses to questionnaires sent to purchasing managers in a panel of around 800 manufacturers. The headline figure is the Purchasing Managers’ Index (PMI), which is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.
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.
Sun, Oct 25
Mon, Oct 26
The Confederation of British Industry's (CBI) monthly retail sales balance is a gauge of retail sales versus a year ago. The reading is compiled from a survey of about 150 retail and wholesale companies. It includes measures of sales activity across the distributive trades. It is a leading indicator of consumer spending. The figure is the difference between the percentage of retailers reporting an increase in sales and those reporting a decrease.
In Brazil, interest rate decisions are taken by The Central Bank of Brazil's Monetary Policy Committee (COPOM). The official interest rate is the Special System of Clearance and Custody rate (SELIC) which is the overnight lending rate.
The Chicago Fed National Activity Index (CFNAI) is designed to gauge overall economic activity and related inflationary pressure. The CFNAI is based on a weighted average of 85 existing monthly indicators of national economic activity. It has an average value of zero and a standard deviation of one. Since economic activity tends toward trend growth rate over time, a positive reading corresponds to growth above trend and a negative reading corresponds to growth below trend.
The Dallas Fed Manufacturing Index measures the performance of manufacturing sector in the state of Texas. The index is derived from a survey of around 100 business executives and tracks variables such as output, employment, orders and prices. A reading above 0 indicates an expansion of the factory activity compared to the previous month; below 0 represents a contraction; while 0 indicates no change. Texas produces around 9.5 percent of manufacturing output in US. The state ranks second behind California in factory production and first as an exporter of manufactured goods.
In South Korea, the Composite Consumer Sentiment Index (CCSI) measures the level of optimism that consumers have about the performance of the economy. The index is based on a survey of around 2200 households. The CCSI is computed as a sum of six variables, including current living standards, prospective household income and prospective spending. A CCSI above 100 indicates an improving outlook and below 100 a deteriorating outlook.
South Korea’s economy became one of the most diversified and technologically advanced in the world in the last 50 years. Like in most developed countries, services account for the highest percentage of GDP (around 57 percent of GDP). Within services the most important ones are public administration (6 percent ); education (5.3 percent); information and communication (5 percent); and business activities (4.6 percent of GDP). A strong manufacturing industry which has turned South Korea into a major exporter accounts for 32 percent of GDP.
South Korea has an export oriented economy and is the world's leading producer of displays and memory semiconductors and the second largest producer of ships. Services account for the highest percentage of GDP (around 57 percent of GDP). Within services the most important ones are public administration (6 percent ); education (5.3 percent); information and communication (5 percent); and business activities (4.6 percent of GDP). A strong manufacturing industry which has turned South Korea into a major exporter accounts for 32 percent of GDP.
Tue, Oct 27
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.
Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.
The preliminary estimate of the ADP National Employment Report reflects weekly changes in private employment and includes a four-week moving average of total private employment variation.
Durable Goods Orders refer to new orders placed with manufacturers for delivery of hard goods which meant to last at least three years.
Durable Goods Orders Excluding Transportation refer to new orders placed with manufacturers for delivery of hard goods in the future excluding transportation orders.
The S&P Cotality Case-Shiller 20-City Composite Home Price Index measures changes in residential house prices in 20 metropolitan regions in the United States: Atlanta, Boston, Charlotte, Chicago, Cleveland, Dallas, Denver, Detroit, Las Vegas, Los Angeles, Miami, Minneapolis, New York, Phoenix, Portland, San Diego, San Francisco, Seattle, Tampa and Washington D.C.
A sale of the new house occurs with the signing of a sales contract or the acceptance of a deposit. The house can be in any stage of construction: not yet started, under construction, or already completed. New home sales account for about 10 percent of the US housing market. New single-family home sales are extremely volatile month-to-month and preliminary figures are subject to large revisions because they are mostly drawn from building permits data.
A sale of the new house occurs with the signing of a sales contract or the acceptance of a deposit. The house can be in any stage of construction: not yet started, under construction, or already completed. New home sales account for about 10 percent of the US housing market. New single-family home sales are extremely volatile month-to-month and preliminary figures are subject to large revisions because they are mostly drawn from building permits data.
Atlanta Fed GDPNow is a real-time model from the Federal Reserve Bank of Atlanta that provides a “nowcast” of US real GDP growth for the current quarter before the official estimate from the Bureau of Economic Analysis (BEA). The model estimates 13 GDP subcomponents: personal consumption expenditures; private fixed investment; change in private inventories; exports; imports; federal government consumption and investment; and state and local government consumption and investment, with several categories further broken down into underlying components. GDPNow is updated as new economic data are released, typically six or seven times a month, and produces a data-driven estimate with no subjective adjustments. It is not an official forecast of the Atlanta Fed or the Federal Reserve.
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
Wed, Oct 28
Inflation Rate MoM measures month over month change in the price of goods and services.
In Australia, the trimmed mean CPI is the weighted average of the central 70% of price changes in the Consumer Price Index (CPI) basket, after excluding the 15% of items with the largest increases and decreases. By removing extreme price movements, this measure provides a clearer view of underlying inflation trends in the Australian economy.
In Australia, the most important categories in the consumer price index are housing (23 percent of the total weight), food and non–alcoholic beverages (17 percent), transport (11 percent), furnishings, household equipment and services (9 percent), alcohol and tobacco (9 percent), recreation and culture (9 percent), health (7 percent) and insurance and financial services (6 percent). Clothing and footwear, education and communication account for remaining 10 percent of total weight.
In Australia, the trimmed mean CPI is the weighted average of the central 70% of price changes in the Consumer Price Index (CPI) basket, after excluding the 15% of items with the largest increases and decreases. By removing extreme price movements, this measure provides a clearer view of underlying inflation trends in the Australian economy.
In New Zealand, interest rates decisions are taken by the Reserve Bank of New Zealand. The official interest rate is the Official Cash Rate (OCR). The OCR was introduced in March 1999 and is reviewed eight times a year by the Bank. The OCR influences the price of borrowing money in New Zealand and provides the Reserve Bank with a means of influencing the level of economic activity and inflation.
In India, industrial production measures the output of businesses operating across the industrial sector of the economy. Manufacturing is the largest component, accounting for 76% of total industrial production. Its biggest segments are basic metals (9% of total production), chemicals and chemical products (8%), coke and refined petroleum products (8%), motor vehicles, trailers and semi-trailers (6%), basic pharmaceutical products and pharmaceutical preparations (6%), food products (6%), machinery and equipment n.e.c. (5%), other non-metallic mineral products (4%), and rubber and plastics products, textiles, and electrical equipment (3% each). Mining and quarrying accounts for 11% of total output, while electricity and gas supply accounts for a further 11%.
In India, manufacturing production measures the output of businesses operating in the manufacturing sector, which accounts for around 76% of total industrial production. The largest segments include basic metals (9% of total production), chemicals and chemical products (8%), coke and refined petroleum products (8%), motor vehicles, trailers and semi-trailers (6%), basic pharmaceutical products and pharmaceutical preparations (6%), food products (6%), machinery and equipment n.e.c. (5%), other non-metallic mineral products (4%), and rubber and plastics products, textiles, and electrical equipment (3% each).
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.
The United States has run uninterrupted trade deficits since 1976, driven largely by robust demand for imported industrial inputs, capital goods and consumer products. In 2025, trade flows were notably influenced by the introduction of new tariffs. Imports surged to record levels in the first half of the year as firms rushed to secure goods before higher duties took effect. Later in the year, however, import growth slowed considerably, indicating that tariffs were starting to dampen demand. For the year as a whole, the US recorded a goods trade deficit of just above $1.2 trillion, little changed from 2024 but still among the largest gaps seen since 1960. The biggest bilateral deficits were with the European Union ($218.8 billion), especially Ireland and Germany, followed by China ($202.1 billion), Mexico ($196.9 billion), Vietnam ($178.2 billion), Taiwan ($146.8 billion), Thailand ($71.9 billion), Japan ($63.9 billion), India ($58.2 billion), South Korea ($56.4 billion), Canada ($46.4 billion), Switzerland ($34.3 billion) and Malaysia ($30.8 billion).
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.
In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate. Since 1996 the Bank Rate is set at the upper limit of an operating band for the money market overnight rate. Previously, from March 1980 until February 1996 the Bank Rate was set at 25 basis points above the weekly average tender rate for 3-month Treasury bills.
In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate. Since 1996 the Bank Rate is set at the upper limit of an operating band for the money market overnight rate. Previously, from March 1980 until February 1996 the Bank Rate was set at 25 basis points above the weekly average tender rate for 3-month Treasury bills.
In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate. Since 1996 the Bank Rate is set at the upper limit of an operating band for the money market overnight rate. Previously, from March 1980 until February 1996 the Bank Rate was set at 25 basis points above the weekly average tender rate for 3-month Treasury bills.
Stocks of gasoline refers to the weekly change of the gasoline supply situation.
Stocks of crude oil refer to the weekly change of the crude oil supply situation.
Atlanta Fed GDPNow is a real-time model from the Federal Reserve Bank of Atlanta that provides a “nowcast” of US real GDP growth for the current quarter before the official estimate from the Bureau of Economic Analysis (BEA). The model estimates 13 GDP subcomponents: personal consumption expenditures; private fixed investment; change in private inventories; exports; imports; federal government consumption and investment; and state and local government consumption and investment, with several categories further broken down into underlying components. GDPNow is updated as new economic data are released, typically six or seven times a month, and produces a data-driven estimate with no subjective adjustments. It is not an official forecast of the Atlanta Fed or the Federal Reserve.
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.
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.
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.
About this calendar
NowPrice surfaces high-impact economic events that move FX, rates and equity markets. Data is refreshed every 30 minutes from public macro sources. We highlight high-impact prints (rate decisions, NFP, CPI) so you know what to watch.
Frequently asked questions
Where does the calendar data come from?
Public macroeconomic schedules — TradingView's economic calendar feed, plus per-event detail from each release's primary source (Fed, ECB, BoE, BoJ, BLS, Eurostat, ONS, etc.). The fetcher runs every 30 minutes; we keep ~7 days back and ~7 days forward so you see context around the event you came to read about.
What counts as a "high-impact" event?
Indicators where the consensus print typically moves FX, sovereign yields or equity-index futures within the first 5 minutes of the release. Examples: Fed/ECB/BoE/BoJ rate decisions, US Non-Farm Payrolls (NFP), CPI, GDP advance prints, FOMC minutes. The high-impact tag is set by the upstream feed; we don't re-classify by hand.
What time zone is shown?
Your browser's local time zone, computed client-side from each event's UTC timestamp. The server emits the canonical ISO datetime in <time datetime="..."> and a tiny script in the layout swaps the visible text to Intl.DateTimeFormat short format. If JavaScript is off you get UTC.
Why is the indicator commentary in English on some events?
Indicator titles (NFP, CPI, FOMC, etc.) stay in English on every locale by design — these are international trader jargon and translating them hurts both recognition and SEO. The "About this indicator" paragraph is translated into all 5 languages via a backfill cron; new releases appear in English first and pick up the local-language version within ~4 hours.
How should I read forecast vs actual?
Three numbers per row: previous (last release's value), forecast (consensus from the upstream feed), actual (filled in once the release goes live). Markets react to the gap between forecast and actual — a beat or miss is what moves price, not the absolute level. Until the release, only previous + forecast show; "actual" fills in within seconds of the wire.