The change in the total value adjusted on the basis of inflation measures the outputs produced by manufacturers on a monthly basis. Actual real-GDP is better than expected. Manufacturing represents about 80% of total industrial production in general and has a significant impact on markets. Manufacturing activity controls a large part of total output the local. Production is rapidly affected by business cycle oscillation. It is also related to consumption conditions such as: levels of employment and profits.
The economy of Australia is highly dependent on world commodity prices. It seems that now the raw cycle ends, so in the future there will be job cuts and falling incomes of Australians. Yesterday, retail sales data for March showed 2 consecutive monthly falls and 3 in the last 4 months. Sales fell by -0.1% m / m, despite the fact that they were expected to increase by + 0.3% m / m, the data for February revised downwards to -0.2% m / m.
News will not have much volatility and pair is in uptrend and technical also telling that NZD will go up but as of now USD got some support from Chief Powell optimistic about the economy but he repeats there's no pre-set course for rate hikes which is positive to the pair.A slight deterioration in risk-appetite seemed to cap any meaningful up-move so by considering all.
Last figure CPI Excluding food and energy prices, jump to 0.2% for the 2nd consecutive month the same as economist estimates.but Consumer prices in the US remain unchanged in the 3rd month the market are expecting the core CPI to come lower around 0 even if global economic situation remain uncertainty a part of economist and analyst still believe the global outlook of us economy will help the infraction to remain resilience a better than the expected is likely to show up limited bullishh impact will occur
Budget data are published and represent the aggregate financial activity of federal institutions and banks.A monthly budget execution report measures the price difference between revenues and expenses of the federal government during a given month (revenues minus expenses).From month to month is quite volatile. The growth of the indicator is favorable for the USD.
In The annual inflation rate in the United Kingdom drop to 2.1% in December last year from 2.3% in November, the market was expecting the same number, the main contributor was principally the lower cost of oil dragging down transport services and air fares followed by food and non-alcoholic drink prices despite the rises in accommodation services, despite inflation easing across key economic sector of the economy, some prices will continued to increase .for the coming release the expectation is another drop around 1.9 as the lower price of oil continue to heavily weight on.
Industrial production main object if is to measure the lever of output in industrial sector despite low number from Germany in January it showed signs of stabilization with a 1.4 better than a 1% forecast from analysts despite Italy remaining in negative territory the good result was also fueled by good resultat from majors big country like Spain, France, Italy ... all was showing multiple sign that the rebound will continue supported also by visible growth in energy sector and production non-durable consumer goods market seem to be more confident on long term
last figure CPI Excluding food and energy prices, jump to 0.2% for the 2nd consecutive month the same as economist estimates.but Consumer prices in the US remain unchanged in the 3rd month the market are expecting the core CPI to come lower around 0 even if global economic situation remain uncertainty a part of economist and analyst still believe the global outlook of us economy will help the infraction to remain resilience.
The main gauge of inflation in the EMU, consumer price data are collected from each member state and then average price is done through the index and is one of the main indicators used by the ECB to determine interest rates. The change in prices for a specific set of goods and services Consumption. Monthly and annual changes are used to read the consumer price index to measure inflation.The real greater than expected good for the currency.It reflects the overall inflation rate. Inflation is important in determining the value of the currency.
Since April 2018, the figure is near the $ 460 billion mark without significant fluctuations. Data is published weekly. The previous value of $ 469.8 billion. Largely due to high oil prices. The increase above the price of $ 40 per barrel is sent by the Ministry of Finance to purchase reserves. Particularly relevant is the increase in reserves now that Brent crude costs about $ 63. The indicator weakly correlates with the USD / RUB quotes.