cleaned_kyo_2023_NAS100USD.csv
In the context of mean reversion related to the z-scores of a spread:

1. Positive Z-Score & Mean Reversion:

- If the z-score of a spread is positive and significantly high, it suggests the spread is larger than usual.

- Mean reversion in this context implies that you expect the spread to decrease back to its average level. This could happen if the first asset starts underperforming or the second asset starts outperforming, bringing their relative performances closer to their historical average.

2. Negative Z-Score & Mean Reversion:

- If the z-score is negative and significantly low, it indicates the spread is smaller than usual.

- Mean reversion here would mean expecting the spread to increase back to its average level. This would occur if the first asset begins to perform better or the second asset performs worse, adjusting their performances back to the typical historical relationship.

In both cases, mean reversion is the expectation that the current extreme (either high or low) spread will return to its historical average level.

TitleCountryDateTimeImpactForecastPrevious
Bank Lending y/yJPYSunday June 7, 202603:50pm PSTLow5.6%5.4%
Current AccountJPYSunday June 7, 202603:50pm PSTLow3.26T3.90T
Final GDP Price Index y/yJPYMonday June 8, 202604:03pm PSTLow3.4%3.4%
Final GDP q/qJPYMonday June 8, 202604:03pm PSTLow0.3%0.5%
Economy Watchers SentimentJPYMonday June 8, 202609:00pm PSTLow41.940.8
German Factory Orders m/mEURMonday June 8, 202610:00pm PSTLow-2.2%5.0%
Sentix Investor ConfidenceEURMonday June 8, 202612:30am PSTLow-13.8-16.4
M2 Money Stock y/yJPYMonday June 8, 202603:50pm PSTLow2.4%2.3%
USD-Denominated Trade BalanceCNYTuesday June 9, 202606:32pm PSTLow92.1B84.8B
Trade BalanceCNYTuesday June 9, 202606:33pm PSTLow625B586B
German Industrial Production m/mEURTuesday June 9, 202610:00pm PSTLow0.4%-0.7%
German Trade BalanceEURTuesday June 9, 202610:00pm PSTLow15.4B14.3B
Prelim Machine Tool Orders y/yJPYTuesday June 9, 202610:00pm PSTLow45.1%
NFIB Small Business IndexUSDTuesday June 9, 202602:00am PSTLow96.095.9
ADP Weekly Employment ChangeUSDTuesday June 9, 202604:15am PSTLow35.8K
Trade BalanceCADTuesday June 9, 202604:30am PSTLow2.5B1.8B
Trade BalanceUSDTuesday June 9, 202604:30am PSTLow-56.2B-60.3B
Existing Home SalesUSDTuesday June 9, 202606:00am PSTLow4.07M4.02M
Final Wholesale Inventories m/mUSDTuesday June 9, 202606:00am PSTLow0.6%0.5%
API Weekly Statistical BulletinUSDTuesday June 9, 202612:30pm PSTLow
PPI y/yJPYTuesday June 9, 202603:50pm PSTLow5.6%4.9%
CPI y/yCNYWednesday June 10, 202605:30pm PSTLow1.3%1.2%
PPI y/yCNYWednesday June 10, 202605:30pm PSTLow3.9%2.8%
30-y Bond AuctionJPYWednesday June 10, 202607:35pm PSTLow3.84|3.5
Italian Industrial Production m/mEURWednesday June 10, 202612:00am PSTLow0.0%0.7%
German 10-y Bond AuctionEURWednesday June 10, 202601:35am PSTLow3.16|1.5
Core CPI m/mUSDWednesday June 10, 202604:30am PSTHigh0.3%0.4%
Core CPI y/yUSDWednesday June 10, 202604:30am PSTHigh2.9%2.8%
CPI m/mUSDWednesday June 10, 202604:30am PSTHigh0.5%0.6%
CPI y/yUSDWednesday June 10, 202604:30am PSTHigh4.2%3.8%
BOC Rate StatementCADWednesday June 10, 202605:45am PSTHigh
Overnight RateCADWednesday June 10, 202605:45am PSTHigh2.25%2.25%
BOC Press ConferenceCADWednesday June 10, 202606:30am PSTHigh
Crude Oil InventoriesUSDWednesday June 10, 202606:30am PSTLow-3.0M-8.0M
10-y Bond AuctionUSDWednesday June 10, 202609:01am PSTLow4.47|2.4
Federal Budget BalanceUSDWednesday June 10, 202609:59am PSTLow-282.9B215.0B
BSI Manufacturing IndexJPYWednesday June 10, 202603:50pm PSTLow4.23.8
Eurogroup MeetingsEURThursday June 11, 202601:15am PSTLow
Main Refinancing RateEURThursday June 11, 202604:15am PSTHigh2.40%2.15%
Monetary Policy StatementEURThursday June 11, 202604:15am PSTHigh
Building Permits m/mCADThursday June 11, 202604:30am PSTLow-3.7%10.3%
Core PPI m/mUSDThursday June 11, 202604:30am PSTHigh0.5%1.0%
PPI m/mUSDThursday June 11, 202604:30am PSTHigh0.7%1.4%
Unemployment ClaimsUSDThursday June 11, 202604:30am PSTMedium220K225K
ECB Press ConferenceEURThursday June 11, 202604:45am PSTHigh
Natural Gas StorageUSDThursday June 11, 202606:30am PSTLow101B95B
30-y Bond AuctionUSDThursday June 11, 202609:01am PSTLow5.05|2.3
Revised Industrial Production m/mJPYFriday June 12, 202608:30pm PSTLow0.9%0.8%
German Final CPI m/mEURFriday June 12, 202610:00pm PSTLow-0.2%-0.2%
French Final CPI m/mEURFriday June 12, 202610:45pm PSTLow0.1%0.1%
M2 Money Supply y/yCNYFriday June 12, 202612:03am PSTLow8.6%8.6%
New LoansCNYFriday June 12, 202612:03am PSTLow450B-10B
ECOFIN MeetingsEURFriday June 12, 202601:15am PSTLow
Prelim UoM Consumer SentimentUSDFriday June 12, 202606:00am PSTMedium46.148.2
Prelim UoM Inflation ExpectationsUSDFriday June 12, 202606:00am PSTMedium4.5%
German Buba President Nagel SpeaksEURFriday June 12, 202606:30am PSTLow