Economic Calendar

  • Feb
    9
    Sun
  • Feb
    10
    Mon
  • Feb
    11
    Tue
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    12
    Wed
  • Feb
    13
    Thu
  • Feb
    14
    Fri
  • Feb
    15
    Sat
Feb
11
TuesdayImpactActualForecastPreviousDetails
00:30
AUD
Home Loans (m/m)
med
4.4%1.9%*
00:30
AUD
NAB Business Conditions
med
3.03.0
00:30
AUD
NAB Business Confidence
med
-1.0-2.0
09:30
GBP
GDP (q/q)
high
0.0%0.0%0.4%
09:30
GBP
Construction Output (m/m)
med
0.4%-0.1%1.9%
09:30
GBP
Construction Output (y/y)
med
5.0%3.9%2.0%
09:30
GBP
GDP (m/m)
high
0.3%0.2%-0.3%
09:30
GBP
Index of Services (q/q)
med
0.1%-0.3%
09:30
GBP
Index of Services (m/m)
med
0.3%0.2%0.1%
09:30
GBP
Industrial Production (m/m)
med
0.1%0.3%-1.2%
09:30
GBP
Industrial Production (y/y)
med
-1.8%-0.8%-1.6%
09:30
GBP
Manufacturing Production (m/m)
high
0.3%0.5%-1.7%
09:30
GBP
Manufacturing Production (y/y)
high
-2.5%-1.0%-2.0%
09:30
GBP
Trade Balance (Non-EU)
med
6.72B-2.1B1.73B*
09:30
GBP
Visible Trade Balance
med
7.77B-10.1B-5.26B*

Visible Trade Balance

09:30
GBP
ImpactActualForecastPrevious
med
7.77B-10.1B-5.26B

Details

Source
Office for National Statistics
Measures
The difference between imports and exports of goods. Visible Trade differentiates itself from Trade Balance because it does not record intangibles like services, only reporting on physical goods.
Usual Effect
Negative Visible Trade (deficit) indicates that imports of goods are greater than exports. When exports are greater than imports, the UK experiences a trade surplus. Trade surpluses indicate that funds are coming into the UK in exchange for exported goods. Because such exported goods are usually purchased with Pounds, trade surpluses usually reflect currency flowing into Britain, such currency inflows may lead to a natural appreciation of Pound Sterling, unless countered by similar capital outflows. At a bare minimum, surpluses will buoy the value of the currency.
Next Release
Mar 11, 2020
Why Traders Care
Because Britain’s economy is highly trade driven, Visible Trade data can give critical insight into developments in the economy and into foreign exchange rates.
Also Called
Trade Balance on Goods, Merchandise Trade Balance
11:00
USD
NFIB Small Business Optimism
low
104.3103.5102.7
11:00
USD
Fed's Daly speaks in Dublin
low
15:00
USD
Fed's Powell testifies to House on monetary policy
high
18:30
USD
Fed's Bullard discusses economy and monetary policy
med
19:15
USD
Fed's Kashkari speaks in Montana
low
20:50
AUD
RBA Heath Speaks in Sydney
med
23:50
JPY
M2 Money Supply (y/y)
med
2.8%2.8%2.7%

Life unexamined, is not worth living.Democritus