Economic Calendar from InstaForex |
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Time | Country | Indices | Actual |
02:30 | CPI | ||
Period: Apr Previous Reading: 0.1% Forecast: Actual Reading: Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures. hide |
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13:30 | Employment Change | ||
Period: Apr Previous Reading: -2.2K Forecast: Actual Reading: Tracks the number of the employed in the country. A surge in new employment suggests higher spending potential and budding inflation pressures. hide |
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13:30 | Unemployment Rate | ||
Period: Apr Previous Reading: 6.1% Forecast: Actual Reading: The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks. Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems. hide |
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07:00 | GDP | ||
Period: 1 quarter Previous Reading: -0.3%; -0.2% Forecast: Actual Reading: The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets. |
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07:00 | GDP | ||
Period: Mar Previous Reading: 0.1%; 0.2% Forecast: Actual Reading: The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets. |
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12:00 | Monetary Policy Summary | ||
Period: Previous Reading: Forecast: Actual Reading: It's among the primary tools the MPC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes. hide |
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12:00 | MPC Official Bank Rate Votes | ||
Period: May Previous Reading: 0-1-8 Forecast: 0-0-9 Actual Reading: This indicator shows how the BoE's Monetary Policy Committee voted. Published monthly, 13 days after the decision on interest rate was announced hide |
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12:00 | BoE Interest Rate Decision | ||
Period: May Previous Reading: 5.25% Forecast: 5.25% Actual Reading: The announcement of whether the Bank of England has increased, decreased or maintained the key interest rate. The BoE meets monthly to decide on monetary policy. After each meeting policy decisions are announced. The main task of the Bank of England's Monetary Policy Committee is to set the monetary stance by fixing the overnight borrowing rate, which is incremental in determining the short-term rates. Through this mechanism, the BoE attempts to affect price levels in order to keep inflation within the target range while maintaining stable economic growth and employment. The BOE Rate decision has great influence on financial markets. Changes in rates affect interest rates for consumer loans, mortgages, bond, and the exchange rate of the pound. Increases in rates or even expectations of increases tend to cause the pound to appreciate, while rate decreases cause the currency to depreciate. hide |
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05:30 | RBA Monetary Policy Statement | ||
Period: Previous Reading: Forecast: Actual Reading: The RBA Monetary Policy Statement released by the Reserve bank of Australia reviews economic and financial conditions, determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. It is considered as a clear guide to the future RBA interest rate policy. Any changes in this report affect the AUD volatility. If the RBA statement shows a hawkish outlook, that is seen as positive (or bullish) for the AUD, while a dovish outlook is seen as negatvie (or bearish). hide |
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05:30 | RBA Interest Rate Decision | 4.35% | |
Period: May Previous Reading: 4.35% Forecast: 4.35% Actual Reading: 4.35% The Reserve Bank sets the target 'cash rate', which is the market interest rate on overnight funds. It uses this as the instrument for monetary policy, and influences the cash rate through its financial market operations. Decisions regarding the cash rate target are made by the Reserve Bank Board and explained in a media release announcing the decision at 2.30 pm after each Board meeting. hide |