Trade Balance Link

The Trade Balance released by the Hungarian Central Statistical Office, is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the Forint. If a steady demand in exchange for Hungarian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the Florint.

Core Consumer Price Index (YoY) Link

The core Consumer Price Index released by the Hungarian Central Statistical Office, is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services excluding the volatile components like unprocessed food, energy, reimbursable pharmaceutical products, services with authorities-set prices. The core CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is seen as positive or bullish for the Forint, while a low reading is seen as negative.

Consumer Price Index (YoY) Link

The Consumer Price Index released by the Hungarian Central Statistical Office, is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of the Forint is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the Forint, while a low reading is seen as negative (or Bearish).

Unemployment Rate Link

The Unemployment Rate released by the Ministry of Labour is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Czech economy. If the rate is up, it indicates a lack of expansion within the Czech labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Czech Koruna, while an increase is seen as negative (or bearish).

FX Reserves Link

The FX reserves released by the Czech National Bank present the assets the Central Bank holds in reserve. FX reserves can be a precautionary measure for countries susceptible to financial crisis. It can also be used to manipulate exchange rates.  A high reading is is seen as positive (or bullish) for the Czech Koruna, while a low reading is seen as negative (or Bearish).

Budget Balance Link

The Budget Balance released by the Ministry of Finance is the difference between income and expenditure (Excluding net lending) at the end of the budget's period (excluding net lending). If the amount is positive then the balance shows a surplus, to the contrary, if it is negative, the balance is in deficit. Generally, a surplus is seen as positive (or bullish) for the Forint and a deficit is seen as negative (or bearish).

10-y Bond Auction Link

Displayed in the calendar is the average yield on the bonds auctioned by UK Debt Management Office (DMO). The yield on the bonds represents the return an investor will receive by holding the bond until maturity.

10-y Bond Auction Link

Displayed in the calendar is the average yield on the Federal Bonds auctioned by Deutsche Bundesbank. German Federal Bonds have maturities of above then ten years. The yield on the bonos represents the return an investor will receive by holding the bond until maturity. Investors monitor the yield volatility and compare the average rate at auction to the rate at previous auctions of the same security as an indicator of the government debt situation.

Business Confidence Index Link

The Business Confidence Index published by the South African Chamber of Commerce & Industry captures the sentiment of the business community. Respondents deal with their businesses' spending, employment, consumption and investment situation. It is followed as it flags potential changes in economic growth. Generally, a high reading is seen as positive (or bullish) for the Rand, while a low reading is negative (or bearish).

MBA Mortgage Applications Link

The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).