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Old 08-23-2006, 01:12 AM
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Listed below is a quick reference to the following indicators. Please visit their official website to learn more about the following reports.

1. German Industrial Production

Release time: 11am Continental Time; numbers come out every second week of the month. Data refers to the previous two months of economical activity.

Website: Statistisches Bundesamt Deutschland

Why is it important? Germany is the world's second largest exporter in the world. The US is the second largest consumer of German goods while Germany is the thirds largetst consumer of US goods. Germany is a dominant player in Europ and worldwide.

2. German IFO Business Survey

Release time: 10am Continental Time; report comes out at the 4th week of every month.

Website: CESifo Group Munich

Why is it important? German top business leaders get together to discuss the current and future economical state. A good indicator to assess the German and European economy. The report is similar to the Industrial Production indicator, however, the data is released the same month the survey is taken making it a leading indicator.

3. German Consumer Price Index

Release time: 7am Continental Time, report comes out usually at the 25th of every month

Website: www.destatic.de/e_home.html

Why is it important? The CPI report affects how the European Central Bank will set interest rates for 12 countries using the euro currency. If German inflation is on the rise, the ECB will likely raise interest rates and vice versa. This can have a global effect.

4. Japan Tankan Survey

Release time: 8:50am Tokyo Time; released at the beginning of April, July, October, and in mid-Decemeber.

Website: www.boc.or.jp/en/index.htm

Why is it important? The world's second largest economy next to the US. The report has gained credibility as it is produced by the Bank of Japan. This report offers extensive information on the current business condition of Japan ranging from small companies to large corporations.

5. Japan Industrial Production
Release time: 8:50am Tokyo Time; released in the final week of the next month. A revised official edition is released 2-3 weeks later.

Website: www.meti.go.jo/english

Why is it important? Japan is the biggest exporter of investment capital. The yen is also considered one of the most important currencies in line with the dollar and euro. Report consists data of industrial production, shipments, inventories and inventory ratios, and a production forecast.

6. France Monthly Business Survey (INSEE)

Release time: 8:45am Continental time; released at the end of every month

Website: INSEE - National Institute for Statistics and Economic Studies - France

Why is it important? Second largest economy in the Eurozone and 4th biggest in the world. Report answer key economical questions: output, demand, inventory of finished goods, change in producer prices, and outlook for French industry as a whole. This offers a economical outlook of France as a whole.

7. Eurozone/Global Purchasing Managers Index

Release time: Eurozone PMI at 9am London Time. Global PMI at 11am New York Time. Reports are released the first business day of every month.

Website: NTCResearch

8. OECD Composite Leading Indicators (CLI)

Release time: 12:00pm Continental Time; released every first Friday

Website: www.oecd.org

9. China Industrial Production

Release time: 3:30pm - 4:30pm China time, released at the end of the month

Website: www.stats.gov.english

10. Brazil Industrial Production

Release time: 9:30am local time; 40 days after survey month ends.

Website: IBGE - Instituto Brasileiro de Geografia e EstatÃÂ*stica


Source: The Secrets of Economic Indicators by Bernard Baumohl

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