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5 things to know before the World Market opens 26th April 2022

by AgaBullion
5 things to know before the World Market opens 26th April 2022

1.Unemployment Rate (MAR) - Japan

In Japan, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

2. Balance of Trade (MAR) - Switzerland

In 2019, the Swiss trade surplus widened 19 percent from the previous year to CHF 37 billion, as both imports and exports reached new records despite global trade tensions, Brexit uncertainty and Hong Kong protests. The biggest trade surpluses were recorded with the US, India, the UK, China, Hong Kong, Japan and Singapore; and the largest deficits were recorded with the UAE, Germany, Ireland, Italy and Thailand.

3. Public Sector Net Borrowing (MAR) - United Kingdom

In the UK, public sector net borrowing excluding public sector banks (PSNB ex) measures the gap between revenue raised (current receipts) and total spending. Total spending refers to current expenditure plus net investment (capital spending less capital receipts). Public sector net borrowing (PSNB) is often referred to by commentators as “the deficit”.

4. Durable Goods Orders MoM (MAR) - United States

Durable Goods Orders refer to new orders placed with manufacturers for delivery of hard goods which meant to last at least three years.

5. BoC Gov Lane Speech - Canada

In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate. Since 1996 the Bank Rate is set at the upper limit of an operating band for the money market overnight rate. Previously, from March 1980 until February 1996 the Bank Rate was set at 25 basis points above the weekly average tender rate for 3-month Treasury bills.

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