Economic Calendar

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  • Jan
    11
    Fri
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    12
    Sat
Jan
11
FridayImpactActualForecastPreviousDetails
00:00
JPY
Economy Watchers Survey
med
48.050.751.0
All Day
EUR
ECB's Mersch and Nowotny Speak in Bratislava
med
00:00
USD
Fed's Clarida speaks in New York
med
00:30
AUD
Retail Trade (m/m)
high
0.4%0.3%0.3%
07:30
EUR
French BoF Business Sentiment
low
103.0100.0101.0
09:30
GBP
Construction Output (m/m)
med
0.6%0.3%0.0%*
09:30
GBP
Manufacturing Production (m/m)
high
-0.3%0.4%-0.6%*
09:30
GBP
Industrial Production (m/m)
med
-0.4%0.2%-0.5%*
09:30
GBP
Industrial Production (y/y)
med
-1.5%-0.7%-0.9%*
09:30
GBP
Manufacturing Production (y/y)
high
-1.1%-0.7%-1.0%
09:30
GBP
Construction Output (y/y)
med
3.0%2.6%4.1%*
09:30
GBP
Trade Balance (Non-EU)
med
-3.93B-3.78B-4.32B*
09:30
GBP
Visible Trade Balance
med
-12.02B-11.4B-11.87B*

Visible Trade Balance

09:30
GBP
ImpactActualForecastPrevious
med
-12.02B-11.4B-11.87B

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
Feb 11, 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
09:30
GBP
GDP (m/m)
high
0.2%0.1%0.1%
13:30
USD
CPI (m/m)
high
-0.1%-0.1%0.0%
13:30
USD
Core CPI (m/m)
high
0.2%0.2%0.2%
16:00
EUR
ECB's Visco Speaks in Rome
med

Always bear in mind that your own resolution to succeed is more important than any other one thing.Abraham Lincoln