11:00EZTrade BalanceMedium Impact
Period: 1Forecast: 1BlnPrevious: 9.7BlnActual: -7.6Bln

About this Event:

The trade balance is a country’s total exports minus its imports of goods and services over the measured period of time. A positive figure means the country is running a trade surplus while a negative number shows a deficit.

Trade Balance: Historical Data:

Comments about this Event:

Actual trade figures for the 17 euro zone nations came out at -7.6 billion compared to the previous +9.1 billion (revised from 9.7 billion).

While compared to December 2011 the figure slipped into a deficit, the yearly figure shows a significant improvement from the -16.1 billion registered throughout January of last year.

Good Day

11:00EZTrade Balance s.a.Medium Impact
Period: 1Forecast: -Previous: -Actual: 5.9Bln

Trade Balance s.a.: Historical Data:

13:30USCPI M/MHigh Impact
Period: 2Forecast: 0.4%Previous: 0.2%Actual: 0.4%

CPI M/M: Historical Data:

Comments about this Event:

US CPI for the month of February rose to 0.4% from the previous 0.2% - the actual figure was however in line with the expected figures. The yearly figure remained in check at 2.9% in line with previous and expected numbers.

The core inflation levels (excluding energy and food) eased to 0.1% from the previous and expected 0.2%. The yearly figure for core inflation eased marginally lower to 2.2% from the previous 2.3% but in sync with the expected 2.2%.

Most of the rise in the monthly headline figure is being attributed to gasoline prices, and despite this the marginal rise, core inflation remains tame.

Good Afternoon

13:30USCPI Ex Food and Energy M/MMedium Impact
Period: 2Forecast: 0.2%Previous: 0.2%Actual: 0.1%

About this Event:

CPI ex food and energy is another gauge for inflationary pressures in the economy but excludes the more volatile food and energy prices.

CPI Ex Food and Energy M/M: Historical Data:

Comments about this Event:

US CPI for the month of February rose to 0.4% from the previous 0.2% - the actual figure was however in line with the expected figures. The yearly figure remained in check at 2.9% in line with previous and expected numbers.

The core inflation levels (excluding energy and food) eased to 0.1% from the previous and expected 0.2%. The yearly figure for core inflation eased marginally lower to 2.2% from the previous 2.3% but in sync with the expected 2.2%.

Most of the rise in the monthly headline figure is being attributed to gasoline prices, and despite this the marginal rise, core inflation remains tame.

Good Afternoon

13:30USCPI Y/YHigh Impact
Period: 2Forecast: 2.9%Previous: 2.9%Actual: 2.9%

CPI Y/Y: Historical Data:

Comments about this Event:

US CPI for the month of February rose to 0.4% from the previous 0.2% - the actual figure was however in line with the expected figures. The yearly figure remained in check at 2.9% in line with previous and expected numbers.

The core inflation levels (excluding energy and food) eased to 0.1% from the previous and expected 0.2%. The yearly figure for core inflation eased marginally lower to 2.2% from the previous 2.3% but in sync with the expected 2.2%.

Most of the rise in the monthly headline figure is being attributed to gasoline prices, and despite this the marginal rise, core inflation remains tame.

Good Afternoon

13:30CAManufacturing SalesMedium Impact
Period: 1Forecast: 0.5%Previous: 0.6%Actual: -0.9%

Manufacturing Sales: Historical Data:

13:30USCPI Ex Food and Energy Y/YHigh Impact
Period: 2Forecast: 2.2%Previous: 2.3%Actual: 2.2%

About this Event:

CPI ex food and energy is another gauge for inflationary pressures in the economy but excludes the more volatile food and energy prices.

CPI Ex Food and Energy Y/Y: Historical Data:

Comments about this Event:

US CPI for the month of February rose to 0.4% from the previous 0.2% - the actual figure was however in line with the expected figures. The yearly figure remained in check at 2.9% in line with previous and expected numbers.

The core inflation levels (excluding energy and food) eased to 0.1% from the previous and expected 0.2%. The yearly figure for core inflation eased marginally lower to 2.2% from the previous 2.3% but in sync with the expected 2.2%.

Most of the rise in the monthly headline figure is being attributed to gasoline prices, and despite this the marginal rise, core inflation remains tame.

Good Afternoon

14:15USCapacity Utilization RateMedium Impact
Period: 2Forecast: 78.8%Previous: 78.5%Actual: 78.7%

About this Event:

The capacity utilization rate is a measure, in percentage, of the production potential of a company, industry, or entire economy that is in use.

Capacity Utilization Rate: Historical Data:

Comments about this Event:

Monthly change for February industrial production remained flat at 0% coming short of the expected rise of 0.4%.

Separately the capacity utilization rate came out at 78.7% slightly better that the previous 78.5% and marginally lower than the expected 78.8%.

Good Afternoon

14:15USIndustrial Production M/MMedium Impact
Period: 2Forecast: 0.4%Previous: 0%Actual: 0%

About this Event:

This indicator is a measure of change in the volume of goods produced. It is important since there is a close relationship between changes in manufacturing output and GDP growth.

Industrial Production M/M: Historical Data:

Comments about this Event:

Monthly change for February industrial production remained flat at 0% coming short of the expected rise of 0.4%.

Separately the capacity utilization rate came out at 78.7% slightly better that the previous 78.5% and marginally lower than the expected 78.8%.

Good Afternoon

14:55USMichigan Consumer Sentiment PrelHigh Impact
Period: 3Forecast: 75.6Previous: 75.3Actual: 74.3

About this Event:

This is a preliminary estimate of the Consumer Sentiment Index published monthly by the University of Michigan.

Michigan Consumer Sentiment Prel: Historical Data: