economic calendar

Labour market figures in Hungary and Turkish policy rates are the key releases to look out for next week

Labour market figures in Hungary and Turkish policy rates are the key releases to look out for next week - 1

The Central Bank of Turkey

Content

  • Hungary: Double-digit wage growth expected in March
  • Turkey: Policy rate to remain on hold

Labour market figures in Hungary and Turkish policy rates are the key releases to look out for next week - 2Hungary: Double-digit wage growth expected in March

Next week we will see the latest set of labour market data in Hungary. After a significant jump in wages in February due to a six-month bonus payment to the armed forces, we expect a more moderate growth rate in March. However, due to the labour shortage and the minimum wage increase, this moderate rise will still be well into double-digit territory, around 14% year-onyear. We don’t see any significant change in the unemployment rate as the latest surveys show that companies are still complaining about a lack of labour and are ready to hire new workers.

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Labour market figures in Hungary and Turkish policy rates are the key releases to look out for next week - 3Turkey: Policy rate to remain on hold

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Economic Calendar by FXMAG.COM - Week 21/02-25/02 - Beginning With Holiday...

Economic Calendar by FXMAG.COM - Week 21/02-25/02 - Beginning With Holiday...

Mikołaj Marcinowski Mikołaj Marcinowski 18.02.2022 14:11
On Monday USA will Celebrate Presidents' Day so don't expect any announcement. Going North no sensation is expected as well as Canada celebrates Family Day. Altough North America Has A Long Weekend Ahead, Europe get down to business on normal basis. In Germany, German Manufacturing PMI (prev. 59.8) is going to be presented. Crossing the sea, Great Britain will release three important indicators - Composite PMI (54.2), Manufacturing PMI (57.3) And Services PMI (54.1). Amid other less significant events on 21th February, some time after midday Chinese  PBoC Loan Prime Rate (3.70%) is going to be announced. Getting momentum throught the first day of the week we will try to fuel ourselves on Tuesday by news from Germany and the USA as German Ifo Business Climate Index (prev. 95.7) and CB Consumer Confidence (113.8) is going to be released. In the middle of the week, on Wednesday, we will welcome New Zealand Interest Rate Decision (0.75%) and European CPI Y/Y (5.1%). On this day Japanese and Russian people will have a rest as they celebrate Emperor's Birthday (JP) and Defender of the Fatherland Day (RU). Heading to the end of the following week we will visit US, where GDP (QoQ) (6.9%) and New Home Sales (811K) are going to be released. On Friday German GDP (QoQ) (Q4) (-0.7%) will wake us up at 7 a.m. It is going to be followed by US Core Durable Good Orders (MoM) (0.6%) And Pending Home Sales (MoM) (-3.8%)   Source: Investing.com Tiime: GMT
Economic Calendar by FXMAG.COM – 24/02/2022 – They’re Going To Speak A Lot…

Economic Calendar by FXMAG.COM – 24/02/2022 – They’re Going To Speak A Lot…

Mikołaj Marcinowski Mikołaj Marcinowski 23.02.2022 10:51
So, the week is coming to an end, but markets stay awake all days long. Right after midnight we’re all welcomed to join our friends from Australia in reviewing Private New Capital Expenditure (QoQ) (Q4) (Prev. -2.2%). Afterwards, at 7.30 a.m. Swiss Employment Level (Q4) will be released. Heading to Oceanic Area, India will release RBI MPC Meeting Minutes, followed by Brazilian Unemployment Rate (Prev. 11.6%) Released half an hour later. Back to Europe, shortly after midday ECB McCaul is going to declare. At 1 a.m. Russia will release their Central Bank Reserves and 15 minutes later BoE Gov Bailey is going to give a speech. At 2.40 p.m. ECB Supervisory Board Member Fernandez-Bollo is going to speak. Isabel Schnabel will take her turn more than hour later. USA – At 1.30 p.m. GDP (QoQ) (Q4) (Prev. 6.9%), GDP Price Index (Prev. 7.0%) and Initial Jobless Claims (Prev. 248K) will be released. In the same time, but in Canada, we will meet the latest Manufacturing Sales (MoM) (Prev. 0.7%). In the afternoon we will get to know US New Home Sales (MoM) and Crude Oil Inventories (Prev. 1.121M) and Cushing Crude Oil Inventories. Some would say that 24/02 is the day of speeches what is not exaggerated as FOMC Members speaks from 4 p.m. to 6 p.m. We will get the Thursday ended with New Zealand’s Core Retail Sales (QoQ) (Prev. -6.7%), Retail Sales (QoQ) (Q4) (Prev. -8.1%), Trade Balance (YoY) (Jan) (Prev. -6.780M) followed by Tokyo Core CPI (YoY) (Feb) (Prev. -0.2%) and CPI Tokyo Ex Food And Energy (MoM) (Feb) (Prev. -0.3%) Source: Investing.com Tiime: GMT
Summary Of 1H: Bitcoin Lost 60%! Crude Oil Price Is Ca. 40% Higher Than In The Beginning Of 2022. First Half Of The Year 2022 Showed BTC Has Been Deeply Correlated With Tech Stocks

Fed Is About To Release The Decision, Bank Of England's (BoE) Turn Incoming. GBP Is In Focus As Interest Rate Is Decided

Mikołaj Marcinowski Mikołaj Marcinowski 16.03.2022 14:08
A week of monetary policy releases is coming to an end. The following day (17/03/22) Bank Of England Releases its decision about interest rate. There are also some important data coming from the European Union and the US. What's ahead? Let's take a look at this brief commentary of the upcoming economic events around the world. Events' data: courtesy of Investing.com Australia and European Union We live in times of inflation and employment some would say. Taking that into consideration all of indicators containing 'inflation' or 'employment' arouses our interest. Having said so, don't forget to stay awake at 0:30 a.m. on Thursday as Australia has their Employment change released. If you struggle to stay awake at night, don't miss the morning releases which are ECB President Lagarde testimony at 9:30 a.m. and the publishing of EU CPI (YoY). Corporate Price Index previously amounted to 5.8%. United Kingdom Exactly at 12 o'clock (there's no better time of the day to release important data there) an important announcement takes place in the UK. At this time BoE interest rate goes public. The current one amounts to 0.5% USA Shortly after important news coming from the UK, a series of the US indicators is published. Simultanously released Bulding Permits (1.895M), Initial Jobless Claims (227K) and Philadelphia Fed Manufacturing (16.0) are ones to keep an eye on. New Zealand In New Zealand, at 9:45 p.m., the GDP (QoQ) is released. The Gross Domestic Product previously amounted to -3.7% Source: Investing.com Time: GMT  
FX Street Economic Calendar. Euro (EUR), US Dollar (USD, Pound (GBP), Russian ruble (RUB)...

FX Street Economic Calendar. Euro (EUR), US Dollar (USD, Pound (GBP), Russian ruble (RUB)...

Ed Moya Ed Moya 09.05.2022 07:12
Economic Calendar Saturday, May 7 Economic Data/Events: China forex reserves Sunday, May 8 Economic Data/Events: Former secretary for security and chief secretary John Lee is expected to be named replacement for Hong Kong Chief Executive Carrie Lam. Atlanta Fed financial market conference starts Monday, May 9 Economic Data/Events: US Wholesale Inventories President Putin expected to speak BOJ releases Minutes to last policy decision Mexico CPI China Trade, aggregate financing, money supply, new yuan loans France Trade Singapore foreign reserves Indonesia GDP, CPI, consumer confidence Japan cash earnings, PMI services, composite Tuesday, May 10 Economic Data/Events: Fed’s Mester and Bostic speak at Atlanta Fed conference Fed’s Williams speaks NABE/Bundesbank symposium Fed’s Waller and Kashkari speak at the Economic Club of Minnesota Germany ZEW survey expectations Italy industrial production Italy PM Draghi visits White House Japan household spending Mexico international reserves New Zealand home sales, card spending Australia household spending, business confidence, retail sales Thailand consumer confidence EVENTS: Wednesday, May 11 Economic Data/Events: US CPI Fed’s Bostic speaks China CPI, FDI Germany CPI ECB’s Knot speaks in Madrid Australia consumer confidence Japan leading index EIA Crude Oil Inventory Report Thursday, May 12 Economic Data/Events: US PPI, initial jobless claims Fed’s Daly speaks in Alaska President Biden hosts special summit of ASEAN leaders USDA World Agricultural Supply/Demand report UK GDP G-7 and NATO foreign ministers meetings begin in Germany India CPI UK Industrial production Mexico central bank (Banxico) rate decision: Expected to raise Overnight Rate by 50bps to 7.00% Mexico industrial production Russia trade Japan BoP, bank lending, bankruptcies New Zealand food prices, net migration, inflation expectations Australia consumer inflation expectations South Africa manufacturing production Friday, May 13 Economic Data/Events: US University of Michigan consumer sentiment Federal Reserve Bank of New York hosts “Climate Change: Implications for Macroeconomics” symposium France CPI Poland CPI Russia CPI and GDP Norway GDP Eurozone Industrial production Turkey Industrial production Canada existing home sales India trade Japan money stock New Zealand manufacturing index Thailand foreign reserves, forward contracts China medium-term lending RBA Bullock speaks Sovereign Rating Updates: Switzerland (Fitch) Iceland(S&P)   This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.
Hungarian Labour Markey Data And Turkish Monetary Policy Are Going To Arouse Our Interest | Key events in EMEA next week - 19/05/22 | ING Economics

Hungarian Labour Markey Data And Turkish Monetary Policy Are Going To Arouse Our Interest | Key events in EMEA next week - 19/05/22 | ING Economics

ING Economics ING Economics 19.05.2022 23:47
Labour market figures in Hungary and Turkish policy rates are the key releases to look out for next week The Central Bank of Turkey Content Hungary: Double-digit wage growth expected in March Turkey: Policy rate to remain on hold Hungary: Double-digit wage growth expected in March Next week we will see the latest set of labour market data in Hungary. After a significant jump in wages in February due to a six-month bonus payment to the armed forces, we expect a more moderate growth rate in March. However, due to the labour shortage and the minimum wage increase, this moderate rise will still be well into double-digit territory, around 14% year-onyear. We don’t see any significant change in the unemployment rate as the latest surveys show that companies are still complaining about a lack of labour and are ready to hire new workers. Read next: Altcoins: What Is Litecoin (LTC)? A Deeper Look Into The Litecoin Platform| FXMAG.COM Turkey: Policy rate to remain on hold Recent Central Bank of Turkey moves that 1) tightened reserve requirements to curb TRY commercial loan growth and 2) aimed to encourage a higher take-up of FX-protected deposits on the retail side and strengthen its FX reserves moves, signal that there is no reason to expect the bank to change its stance and policy rate in the near term. This is despite ongoing challenges to external balances and the inflation outlook. Given this backdrop, we expect that the policy rate will be kept unchanged at 14%. Read next: Altcoins: What Is PancakeSwap (CAKE)? A Deeper Look Into The PancakeSwap Platform| FXMAG.COM EMEA Economic Calendar Source: Refinitiv, ING, *GMT TagsTurkey Hungary EMEA Disclaimer This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more