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German Buba Balz Speaks is an economic calendar event that highlights a public speaking engagement or presentation made by a high-ranking official from the Bundesbank (Germany's central bank). During this event, the speaker typically shares insights and updates on the country's economy, inflation, monetary policy, and other key factors impacting Germany's financial landscape.

Investors and market participants pay close attention to these speeches as they may contain valuable information on the central bank's future monetary policy decisions, which can influence the German financial markets, the euro currency, and European bond markets. Any remarks made by the Buba Balz speaker could also serve as an indicator of the overall economic health and direction for Germany, Europe's largest economy.

German Buba Balz Speaks events should be monitored closely by those seeking to make informed decisions or gain an understanding of trends, changes, and developments within German and European financial markets.

Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.

A higher than expected reading should be taken as positive/bullish for the ARS, while a lower than expected reading should be taken as negative/bearish for the ARS.

The Fed balance sheet is a statement listing the assets and liabilities of the Federal Reserve System. Details of the Fed's balance sheet are disclosed by the Fed in a weekly report called "Factors Affecting Reserve Balances."

Reserve Balances with Federal Reserve Banks is the amount of money that depository institutions maintain in their accounts at their regional Federal Reserve Banks.

The Australia and New Zealand Banking Group Limited (ANZ) Business Confidence measures the current business conditions in New Zealand. It helps to analyze the economic situation in the short term. A rising trend indicates an increase in business investment which may lead to higher levels of output.

It is concluded from a monthly survey of about 1,500 businesses which asks respondents to rate the year ahead economic outlook.

Above 50% indicates optimism, below indicates pessimism.

The Business Outlook is designed to provide a snapshot of business opinions regarding the expected future state of their business and the New Zealand economy overall. It is a monthly sample survey with around 700 respondents. The statistic is a good predictor of the future business situation, even though the survey asks for conditions twelve month hence. However, for items as price of goods and service as well as capacity utilization, the statistics predicts condition three month hence. The Net index (% expecting increase (improve/rise) minus % expecting decrease (worsen/decline). U = no survey is made in January.

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. A higher than expected reading should be taken as positive/bullish for the SGD, while a lower than expected reading should be taken as negative/bearish for the SGD.

The Building Capital Expenditures survey aims to measure the value of new capital expenditure by private businesses in Australia on buildings and structures. A higher than expected number should be taken as positive to the AUD, while a lower than expected number as negative.

The Plant/Machinery Capital expenditures survey measures the value of new capital expenditure by private businesses in Australia. Private households and public sector businesses are outside the scope of the survey. A higher than expected number should be taken as positive to the AUD, while a lower than expected number as negative.

Private New Capital Expenditure measures the change in the total inflation-adjusted value of new capital expenditures made by private businesses. It is a leading indicator of economic health.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.

The Reserve Bank of Australia's (RBA) Bulletin contains articles, speeches and statistical tables and gives a detailed insight into current and future economic conditions from the bank's point of view.

The Bank of Korea (BOK) Monetary Policy Committee's decision on where to set the benchmark interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the KRW, while a lower than expected rate is negative/bearish for the KRW.

A monetary policy is generally the process through which a central bank with a sole right to issue its own currency (legal tender or monetary base) maintains the value of that currency, that is, price, and achieves sustainable economic growth by managing the amount of money (monetary base and money created in the banking system) in circulation, and price (interest rate) in the economy. Bank of Korea Act stipulates that the purpose of this Act is “to contribute to the sound development of the national economy by pursuing price stability through the formulation and implementation of efficient monetary policy”. Accordingly, the Bank of Korea takes price stability as the most important objective of its monetary policy. If prices become unstable, uncertainty concerning the future mounts, discouraging economic activities as a whole, and the distribution of income and resources grows distorted. As a result, the stabilityin economic conditions as a whole is damaged. In order for the national economy to achieve stable growth, it should be supported by not only price stability but also financial stability. Regarding this, Article 1, Clause 2 of the「Bank of Korea Act」 stipulates that “The Bank of Korea needs to pay attention to financial stability in the implementation of monetary policy”. Thus, the Bank of Korea is also making policy efforts to maintain financial stability while pursuing price stability through implementing its monetary policy.

Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

A higher than expected reading should be taken as positive/bullish for the SGD, while a lower than expected reading should be taken as negative/bearish for the SGD.

Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

A higher than expected reading should be taken as positive/bullish for the SGD, while a lower than expected reading should be taken as negative/bearish for the SGD.

Japan's Composite index of coincident indicators measures current economic conditions. For the main purpose of measuring the amplitude of the fluctuations of economic activities, the composite indexes are constructed by aggregating the percentage changes of the selected series. They are represented with the average of their 1995 values as 100. The coincident index consists of the following components: - Index of industrial production (mining and manufacturing); - Index of consumption of raw materials (manufacturing); - Large industrial power consumption; - Index of capacity utilization ratio (manufacturing); - Index of non-scheduled worked hours; - Index of producer's shipment (investment goods); - Sales at department stores (percent change from the previous year); - Index of sales in wholesale trade (percent change from the previous year); - Operating profits (all industries); - Index of sales in small and medium sized enterprises (manufacturing); - Effective job offer rate (excluding new school graduates).

The Leading Indicators Index is a composite index based on 12 economic indicators, that is designed to predict the future direction of the economy.

A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.

The Leading Indicators Index is a composite index based on 12 economic indicators, that is designed to predict the future direction of the economy.

A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.

The balance figures are obtained by deducting the weighted proportion of negative answers from that of positive answers. The positive balance figure for unemployment means that unemployment is estimated to go up. The consumer confidence indicator is the average of the balance figures for four questions concerning the next 12 months: own and Finlands economy, households saving possibilities and unemployment (with changed sign). The balance figures and the confidence indicator can range between -100 and 100. Confidence indicator is a measure of the mood of consumers or businesses. It is usually based on a survey during which respondents rate their opinion on different issues concerning current and future conditions. There are many kinds of confidence indicators as institutions measuring them use different questions, sizes of samples or frequency of publications.

Export price index is a measure of the average prices of a group of the goods that a country exports. The headline is the percentage change in the index from the previous month or year. It is generally preferable when the index is based on prices taken directly from the exporter. However, in the absence of national sources, data for wholesale prices are taken from world commodity markets and are converted into national currency at period average exchange rates. Changes in this figure represent either a change in the amount of sold goods or in the prices of the goods which might be caused by changing production costs. Export price index serves is an indicator of the economy's total demand for goods and services. Therefore it directly influences GDP.

Import price index is a measure of the average prices of the goods that a country imports. The headline is the percentage change in the index from the previous month or year. It is generally preferable when the index is based on prices taken directly from the importer. However, in the absence of national sources, data for wholesale prices are taken from world commodity markets and are converted into national currency at period average exchange rates. Changes in this figure represent either a changing foreign demand or a change in prices of foreign goods. Significant changes in foreign goods prices might affect inflation. Increasing index causes higher retail prices in the country. Import price index is an indicator of the economy's total supply of goods and services.

The Producer Price Index (PPI) is designed to monitor changes in prices of items at the first important commercial transactions. The PPI shows the same general pattern of inflation as does Consumer price index, but is more volatile. This is because it is weighted more heavily towards goods that are traded in highly competitive markets and somewhat less sensitive to changes in the cost of labour.The PPI is worth watching as a leading indicator of inflation at the consumer level. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.

M3 Money Supply measures the change in the total quantity of domestic currency in circulation and deposited in banks. An increasing supply of money leads to additional spending, which in turn leads to inflation.

Housing loans include loans to households with collateral in the form of single-family dwellings, condominiums and tenant-owned apartments. A higher than expected reading should be taken as positive/bullish for the SEK , while a lower than expected reading should be taken as negative/bearish for the SEK.

M3 Money Supply measures the change in the total quantity of domestic currency in circulation and deposited in banks. An increasing supply of money leads to additional spending, which in turn leads to inflation.

Foreign trade statistics include imports, imports with waiver and exports. Import figures include all direct imports to the country for domestic consumption also goods entering the customs area for temporary admission transit transhipment or to be stored in a bonded warehouse and then offered to the domestic market after modification of their import status Exports include goods produced domestically. Foreign trade statistics exclude export and import data obtained from duty-free zones and duty-free shops. A higher than expected reading should be taken as positive/bullish for the TRY , while a lower than expected reading should be taken as negative/bearish for the TRY.

Foreign trade statistics include imports, imports with waiver and exports. Import figures include all direct imports to the country for domestic consumption also goods entering the customs area for temporary admission transit transhipment or to be stored in a bonded warehouse and then offered to the domestic market after modification of their import status Exports include goods produced domestically. Foreign trade statistics exclude export and import data obtained from duty-free zones and duty-free shops. Items not considered as exports include; -Border and coastal trade -Transit and re-export trade -Exports with waiver -Temporary exports, -Goods returned to their place of origin and -Exports of imports with waiver by temporary admission or by temporary exemption.

The Employment Level measures the number of people employed during the previous quarter. Job creation is an important indicator of consumer spending.

A higher than expected reading should be taken as positive/bullish for the CHF, while a lower than expected reading should be taken as negative/bearish for the CHF.

The consumer confidence index is based on interviews with consumers about their perceptions of the country's current and future economic situation and their tendencies to purchase. The performance of the economy of a country is reflected in macro-economic variables, such as the gross national product, external debt, interest rates, foreign exchange rates, imports, exports, stock market prices, inflation rates, real wages, unemployment rate, and so on. The state of the economy is also reflected in the micro-behavior of the consumers. The attitudes and behaviors of individual consumers affect the performance of the economy. For example, if they believe that the economy is heading in a certain direction, then they would make their savings or spending plans according.

Confidence indicator is a measure of the mood of consumers or businesses. It is usually based on a survey during which respondents rate their opinion on different issues concerning current and future conditions. There are many kinds of confidence indicators as institutions measuring them use different questions, sizes of samples or frequency of publications. Consumers opinions are typically expressed with answers like: better,same,worse or positive, negative and unchanged. Results of such surveys are calculated by subtracting the negative replies from the positive ones. Business confidence indicator is closely linked to corporate spending and correlated with employment, consumption and investment. Therefore it is carefully watched as an indication of possible changes in the overall economic growth.

Business Confidence rates the current level of business conditions. It helps to analyze the economic situation in the short term. A rising trend indicates an increase in business investment which may lead to higher levels of output.

A higher than expected reading should be taken as positive/bullish for the SEK, while a lower than expected reading should be taken as negative/bearish for the SEK.

M3 Money Supply measures the change in the total quantity of domestic currency in circulation and deposited in banks. An increasing supply of money leads to additional spending, which in turn leads to inflation.

Balance of payments is a set of accounts recording all economic transactions between the residents of the country and the rest of the world in a given period of time, usually one year. Payments into the country are called credits, payments out of the country are called debits. There are three main components of a balance of payments: - current account - capital account - financial account Either a surplus or a deficit can be shown in any of these components.

The Current Account index measures the difference in value between exported and imported goods, services and interest payments in USD during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the TWD.

A higher than expected reading should be taken as positive/bullish for the TWD, while a lower than expected reading should be taken as negative/bearish for the TWD.

Monetary aggregates, known also as "money supply", is the quantity of currency available within the economy to purchase goods and services. Depending on the degree of liquidity chosen to define an asset as money, various monetary aggregates are distinguished: M0, M1, M2, M3, M4, etc. Not all of them are used by every country. Note that methodology of calculating money supply varies between countries. M2 is a monetary aggregate that includes all physical currency circulating in the economy (banknotes and coins), operational deposits in central bank, money in current accounts, saving accounts, money market deposits and small certificates of deposit. Excess money supply growth potentially can cause inflation and generate fears that the government may tighten money growth by allowing the interest rates to rise which in turn, lowers future prices. M2 = Currency in circulation + demand deposits (private sector) + time and savings deposits (private sector).

European Central Bank (ECB) President Christine Lagarde (November 2019 - October 2027) is to speak. As head of the ECB, which sets short term interest rates, she has a major influence over the value of the euro. Traders watch her speeches closely as they are often used to drop subtle hints regarding future monetary policy and interest rate shifts. Her comments may determine a short-term positive or negative trend.

The unemployment rate represents the number of unemployed persons expressed as a percentage of the labour force. The unemployment rate for a particular age/sex group is the number of unemployed in that group expressed as a percentage of the labour force for that group. The Central Statistical Office, GUS, revised its jobless figures starting in December 2003, after a national census showed a drop in the number of people employed in agriculture. A higher than expected reading should be taken as negative/bearish for the PLN , while a lower than expected reading should be taken as positive/bullish for the PLN.

Business Confidence rates the current level of business conditions. It helps to analyze the economic situation in the short term. A rising trend indicates an increase in business investment which may lead to higher levels of output.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

Italian Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. Higher readings point to higher consumer optimism.

A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

M3 Money Supply measures the change in the total quantity of domestic currency in circulation and deposited in banks. An increasing supply of money leads to additional spending, which in turn leads to inflation.

M3 Money Supply measures the change in the total quantity of domestic currency in circulation and deposited in banks. An increasing supply of money leads to additional spending, which in turn leads to inflation.

Private Loans measures the change in the total value of new loans issued to non financial corporations. A higher than expected reading should be taken as positive/bullish for the EUR,while a lower than expected reading should be taken as negative/bearish for the EUR.

The consumer price index (CPI) is a measure of change in the general level of prices of goods and services bought by households over a specified period of time. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. The consumer price index is used as a measurement of inflation and is a key economic figure. Likely impact: 1) Interest Rates: Larger-than-expected quarterly increase in price or increasing trend is considered inflationary; this will cause bond prices to dropand yields and interest rates to rise. 2) Stock Prices: Higher than expected price inflation is bearish on the stock market as higher inflation will lead to higher interest rates. 3) Exchange Rates: High inflation has an uncertain effect. It would lead to depreciation as higher prices mean lower competitiveness. Conversely, higher inflation causes higher interest rates and a tighter monetary policy that leads to an appreciation.

The consumer price index (CPI) is a measure of change in the general level of prices of goods and services bought by households over a specified period of time. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. The consumer price index is used as a measurement of inflation and is a key economic figure. Likely impact: 1) Interest Rates: Larger-than-expected quarterly increase in price or increasing trend is considered inflationary; this will cause bond prices to dropand yields and interest rates to rise. 2) Stock Prices: Higher than expected price inflation is bearish on the stock market as higher inflation will lead to higher interest rates. 3) Exchange Rates: High inflation has an uncertain effect. It would lead to depreciation as higher prices mean lower competitiveness. Conversely, higher inflation causes higher interest rates and a tighter monetary policy that leads to an appreciation.

Private Loans measures the change in the total value of new loans issued to consumers and businesses in the private sector.

A higher than expected reading should be taken as positive/bullish for the EUR,while a lower than expected reading should be taken as negative/bearish for the EUR.

Business Confidence measures the current business conditions in Portugal. It helps to analyze the economic situation in the short term. A rising trend indicates an increase in business investment which may lead to higher levels of output. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.

Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.