Economic Calendar

  • Feb
    10
    Sun
  • Feb
    11
    Mon
  • Feb
    12
    Tue
  • Feb
    13
    Wed
  • Feb
    14
    Thu
  • Feb
    15
    Fri
  • Feb
    16
    Sat
Feb
11
MondayImpactActualForecastPreviousDetails
All Day
USD
PCE Core (11th-15th) (m/m)
med
0.2%0.1%
07:30
EUR
French BoF Business Sentiment
med
99.0103.0102.0*
07:30
CHF
CPI (m/m)
low
-0.3%-0.2%-0.3%
07:30
CHF
CPI (y/y)
med
0.6%0.6%0.7%
07:30
CHF
HICP (m/m)
low
-0.6%0.0%
07:30
CHF
HICP (y/y)
med
0.7%0.8%
08:30
EUR
ECB's Guindos speaks in Madrid
med
09:30
GBP
Construction Output (m/m)
med
-2.8%0.1%0.1%*
09:30
GBP
Construction Output (y/y)
med
-2.4%1.5%1.8%*
09:30
GBP
GDP (m/m)
high
-0.4%0.0%0.2%
09:30
GBP
Industrial Production (m/m)
med
-0.5%0.1%-0.3%*
09:30
GBP
Industrial Production (y/y)
med
-0.9%-0.5%-1.3%*
09:30
GBP
Manufacturing Production (m/m)
high
-0.7%0.2%-0.1%*
09:30
GBP
Manufacturing Production (y/y)
high
-2.1%-1.1%-1.2%*
09:30
GBP
Trade Balance (Non-EU)
med
-3.64B-3.8B-4.18B*
09:30
GBP
Visible Trade Balance
med
-12.1B-11.89B-12.4B*

Visible Trade Balance

09:30
GBP
ImpactActualForecastPrevious
med
-12.1B-11.89B-12.02B

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 12, 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 (q/q)
high
0.2%0.3%0.6%
13:30
USD
Unit Labor Costs (q/q)
med
1.7%0.9%
13:30
USD
Non Farm Productivity (11th - 15th) (q/q ann)
low
2.2%1.6%2.3%
14:00
EUR
ECB's Knot Speaks in Utrecht
med
21:45
NZD
Electronic Card Retail Sales (m/m)
low
1.8%1.4%-2.3%
23:50
JPY
M2 Money Supply (y/y)
med
2.4%2.4%2.4%

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