Date
GMT+00:00
Event
Nov, 06 23:30
Household Spending
Household Spending
Country:
Date: Nov, 06 23:30
Importance: Low
Previous: 2.3%
Forecast: 2.5%
Actual: -
Period: Sep

A survey of both wage-earning and non-working households, such as those classified as single-member, unemployed, or retired. The headline figure is the percentage change in average spending per household from the previous year. Increases in household spending are favorable for the Japanese economy because high consumer spending generally leads to higher levels of economic growth. Higher spending is also a sign of consumer optimism, as households confident in their future outlook will spend more. At the same time accelerated growth exerts inflationary pressure, which can lead to interest rate increases in the future.

Nov, 07 07:00
Trade Balance
Trade Balance
Country:
Date: Nov, 07 07:00
Importance: Low
Previous: 17.2bln; 12.7bln
Forecast: 16.7
Actual: -
Period: Sep

The difference between the value of exports and imports in Germany. Trade Balance is one of the biggest components of Germany 's Balance of Payment. As Germany is Europe's largest economy and given Germany's export oriented economy, trade data can give critical insight into pressures on the value of the Euro.

In order to gauge the effect of German Trade Balance on the Euro, German trade is separated into intra-Eurozone trades and extra-Eurozone trades. Intra-trades between Germany and Eurozone countries have no affect on the overall valuation of Euro. Extra-trades between Germany and other countries outside of Eurozone do impact the overall Eurozone trade balance. Given Germany's large share of Eurozone exports, the figure tends to move the market upon release.

Trade surpluses reflect funds coming into Germany in exchange for goods and services. Such currency inflows may lead to a natural appreciation of a Euro, unless countered by similar capital outflows. At a bare minimum, surpluses will boost up the value of the currency.

The headline figure for trade balance is expressed in billions of Euros.

Nov, 07 07:45
Trade Balance
Trade Balance
Country:
Date: Nov, 07 07:45
Importance: Low
Previous: -5.5
Forecast: -5.9
Actual: -
Period: Sep

A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

Nov, 07 08:00
Foreign Currency Reserves
Foreign Currency Reserves
Country:
Date: Nov, 07 08:00
Importance: Low
Previous: 727
Forecast: -
Actual: -
Period: Oct

This is the amount of foreign currency reserves that are held by the Central Bank of a country. In general use, foreign currency reserves also include gold and IMF reserves. Also, people may take into account liquid assets that can easily be converted into foreign currency.

Nov, 07 08:00
SECO Consumer Confidence
SECO Consumer Confidence
Country:
Date: Nov, 07 08:00
Importance: Low
Previous: -37
Forecast: -35
Actual: -
Period: Oct

SECO Consumer Climate compiles a survey of consumer attitudes on present economic conditions and expectations of future conditions. In the months of January, April, July and October, about 1100 households are surveyed on behalf of SECO regarding their subjective evaluation of the economic situation, budget situation, inflation, job security etc.

The pattern in consumer attitudes and spending is often a major influence on stock and bond markets. For stocks, strong economic growth translates to healthy corporate profits and higher stock prices. For bonds, the focus is whether economic growth goes overboard and leads to inflation. Ideally, the economy walks that fine line between strong growth and excessive (inflationary) growth. Consumer spending accounts for a major portion of the Swiss economy, so investors want to know what consumers are up to and how they might behave in the near future. The more confident consumers are about the economy and their own personal finances, the more likely they are to spend.

Nov, 07 08:00
FOMC Member John C. Williams Speaks
FOMC Member John C. Williams Speaks
Country:
Date: Nov, 07 08:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -

John C. Williams is President and CEO of the Federal Reserve Bank of San Francisco.

Nov, 07 08:00
Industrial Production
Industrial Production
Country:
Date: Nov, 07 08:00
Importance: Low
Previous: 2.7% y/y
Forecast: -
Actual: -
Period: Sep

Measures the volume change of output of the manufacturing and energy sector. The industrial sector contributes to only a quarter of the Eurozone GDP. However, most variations in the GDP come from the industrial sector, whereas other sectors that contribute far more to national output historically have been very consistent regardless of economic cycles. That is why tracking industrial production is very important for forecasting GDP changes.

Note: The Industrial Production figure can be adjusted for the number of working days in the given time period and/or seasonally to account for weather related changes in production.

Nov, 07 13:30
★★★
Employment Change
Employment Change
Country:
Date: Nov, 07 13:30
Importance: High
Previous: 60.4K
Forecast: -5.0K
Actual: -
Period: Oct

Tracks the number of the employed in the country. A surge in new employment suggests higher spending potential and budding inflation pressures.

Nov, 07 13:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Nov, 07 13:30
Importance: High
Previous: 7.1%
Forecast: 7.1%
Actual: -
Period: Oct

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.

Nov, 07 13:30
★★
Part Time Employment Change
Part Time Employment Change
Country:
Date: Nov, 07 13:30
Importance: Medium
Previous: 106.1K; -45.6K
Forecast: -
Actual: -
Period: Oct

modern award usually defines a part-time employee as an employee who is engaged to work less than an average of 38 ordinary hours per week and whose hours of work are reasonably predictable, with a guaranteed minimum number of hours of work. Work is usually performed on regular days of the week. A part-time employee will usually be entitled to the same employment conditions as a full-time employee, but on a pro rata basis compared to the full-time hours (usually 38 per week) prescribed under the applicable industrial instrument.

Nov, 07 13:30
Participation Rate
Participation Rate
Country:
Date: Nov, 07 13:30
Importance: Low
Previous: 65.2%
Forecast: -
Actual: -
Period: Oct
The participation rate is the percentage of the total number of people of labour-force age (15 years and over) that is in the labour force (either working or looking for work). The data provided by Statistics Canada is monthly and deseasonalized; this eliminates the impact of seasonal variations and makes it possible to compare data throughout the year. A higher than expected reading should be taken as positive/bullish for the CAD , while a lower than expected reading should be taken as negative/bearish for the CAD.
Nov, 07 15:00
UoM Inflation Expectations
UoM Inflation Expectations
Country:
Date: Nov, 07 15:00
Importance: Low
Previous: 4.6%; 3.9%
Forecast: -
Actual: -
Period: Nov
The Michigan Consumer Sentiment Index released by the University of Michigan is a survey of personal consumer confidence in economic activity. It shows a picture of whether or not consumers are willing to spend money. Generally speaking, a high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
Nov, 07 18:00
Baker Hughes U.S. Rig Count
Baker Hughes U.S. Rig Count
Country:
Date: Nov, 07 18:00
Importance: Low
Previous: 546
Forecast: -
Actual: -
Period: Nov
The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.
Nov, 07 20:00
Consumer Credit
Consumer Credit
Country:
Date: Nov, 07 20:00
Importance: Low
Previous: 0.4
Forecast: 10.4
Actual: -
Period: Sep

Measures the outstanding debt held by consumers. Consumer Credit levels coincide with the economy, rising during economic expansion and dropping during a recession. Growth in Consumer Credit means that consumers have higher spending ability, which can fuel economic growth. However, too much Consumer Debt can result in an economic slowdown in the long term if consumers become overburdened with debt, then either reducing consumption or passing debt on to the financers after bankruptcy. The headline value is the outstanding debt held by consumers.

Powered by InstaForex