Economic Calendar

  • Jul
    7
    Sun
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    8
    Mon
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    9
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    10
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  • Jul
    11
    Thu
  • Jul
    12
    Fri
  • Jul
    13
    Sat
Jul
10
WednesdayImpactActualForecastPreviousDetails
All Day
NZD
RBNZ's Orr Scheduled to Speak on Phase 2 Review
med
01:30
CNY
Chinese CPI (y/y)
med
2.7%2.7%2.7%
01:30
CNY
Chinese PPI (y/y)
med
0.0%0.2%0.6%
05:50
USD
Fed's George speaks in Helsinki
med
06:45
EUR
French Industrial Production (m/m)
med
2.1%0.3%0.4%
06:45
EUR
French Industrial Production (y/y)
med
4.0%1.6%1.1%*
06:45
EUR
French Manufacturing Production (m/m)
med
1.6%0.3%-0.1%*
06:45
EUR
French Manufacturing Production (y/y)
med
3.4%0.4%*
08:30
GBP
Construction Output (m/m)
med
0.6%0.1%-0.5%*
08:30
GBP
Construction Output (y/y)
med
1.7%0.9%3.1%*
08:30
GBP
GDP (m/m)
high
0.3%0.3%-0.4%
08:30
GBP
Index of Services (q/q)
med
0.3%0.1%0.3%*
08:30
GBP
Index of Services (m/m)
med
0.0%0.1%0.0%
08:30
GBP
Industrial Production (m/m)
med
1.4%1.5%-2.9%*
08:30
GBP
Industrial Production (y/y)
med
0.9%1.2%-1.1%*
08:30
GBP
Manufacturing Production (m/m)
high
1.4%2.2%-4.2%*
08:30
GBP
Manufacturing Production (y/y)
high
0.0%1.1%-1.0%*
08:30
GBP
Trade Balance (Non-EU)
med
-4.91B-4.8B-5.26B*
08:30
GBP
Visible Trade Balance
med
-11.52B-12.55B-12.76B*

Visible Trade Balance

08:30
GBP
ImpactActualForecastPrevious
med
-11.52B-12.55B-12.11B

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
Aug 9, 2019
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
14:00
CAD
BoC Rate Decision
high
1.751.751.75
14:00
USD
Wholesale Inventories (m/m)
low
0.4%0.4%0.4%
14:00
CAD
Bank of Canada Monetary Policy Report
high
14:00
USD
Fed's Powell Testifies to House Financial Services Panel
high
17:10
GBP
BoE's Tenreyro Speaks in London
med
17:30
USD
Fed's Bullard to speak at Washington University
med
18:00
USD
FOMC Minutes
med
23:01
GBP
RICS Housing Survey
med
-1.0%-12.0%-9.0%*

A ship in harbor is safe - but that is not what ships are for.John Shedd