Date
GMT+01:00
Event
Oct, 14 17:20
★★★
Federal Reserve Chairman Jerome Powell Speaks
Federal Reserve Chairman Jerome Powell Speaks
Country:
Date: Oct, 14 17:20
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Chair Jerome Powell. Fed Chair Feb 2018 - Feb 2022. Fed Governor May 2012 - Jan 2028. The testimony usually comes in 2 parts: first he reads a prepared statement (a text version is made available on the Fed's website at the start), then the committee will hold a question and answer session. Since the questions are not known beforehand they can make for some unscripted moments that lead to heavy market volatility. As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
Oct, 15 00:30
MI Leading Index
MI Leading Index
Country:
Date: Oct, 15 00:30
Importance: Low
Previous: 0.0%
Forecast: -
Actual: -
Period: Sep

A leading indicator for Australian economic activity calculated by Melbourne Institute.

Oct, 15 02:30
★★★
CPI
CPI
Country:
Date: Oct, 15 02:30
Importance: High
Previous: -0.4%
Forecast: -0.2%
Actual: -
Period: Sep

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.

Oct, 15 02:30
★★
PPI
PPI
Country:
Date: Oct, 15 02:30
Importance: Medium
Previous: -2.9%
Forecast: -2.3%
Actual: -
Period: Sep

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

Oct, 15 05:30
Industrial Production
Industrial Production
Country:
Date: Oct, 15 05:30
Importance: Low
Previous: -1.2%; -1.3%
Forecast: -1.2%; -1.3%
Actual: -
Period: Aug

Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Japan. Industrial production is significant as a short-term indicator of the strength of Japanese industrial activity. High or rising Industrial Production figures suggest increased production and economic expansion. However, uncontrolled levels of production and consumption can spark inflation.

The report is only a preliminary estimate figure that does not move the markets much. The figure is released in headlines as a monthly percent change.

Oct, 15 07:45
Consumer Price Index
Consumer Price Index
Country:
Date: Oct, 15 07:45
Importance: Low
Previous: -1.0%; 1.2%
Forecast: -1.0%; 1.2%
Actual: -
Period: Sep

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. Simply put, inflation reflects a decline in the purchasing power of the Euro in France , where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical French household might purchase. An increase in the index indicates that it takes more Euros to purchase the same set of basic consumer items.

Oct, 15 09:00
BOE Deputy Governor for Markets & Banking Sir David Ramsden Speaks
BOE Deputy Governor for Markets & Banking Sir David Ramsden Speaks
Country:
Date: Oct, 15 09:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
BOE MPC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy
Oct, 15 10:00
Industrial Production
Industrial Production
Country:
Date: Oct, 15 10:00
Importance: Low
Previous: 0.3%; 1.8%
Forecast: -1.8%
Actual: -
Period: Aug

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.

Oct, 15 13:30
★★
NY Fed Empire State manufacturing index
NY Fed Empire State manufacturing index
Country:
Date: Oct, 15 13:30
Importance: Medium
Previous: -8.7
Forecast: -1.9
Actual: -
Period: Oct

  Survey assessing business conditions and expectations of manufacturing executives in New York . Though the survey is relatively new and New York has a considerably small number of manufacturers, the report has shown a promising correlation to the Philadelphia Fed Index and the market moving ISM Manufacturing Survey. Thus Empire serves as a useful earlier indicator of overall manufacturing in the US .

Results are calculated as the difference between percentage of positive and negative scores; zero acts as the breakeven point. A high figure is bullish for the dollar, indicating positive business sentiment conducive to growth in production. A low or negative number signals poor business conditions.

Oct, 15 13:30
Manufacturing Shipments
Manufacturing Shipments
Country:
Date: Oct, 15 13:30
Importance: Low
Previous: 2.5%
Forecast: -1.5%
Actual: -
Period: Aug

CManufacturing Shipments - also known as "shipments of goods of own manufacture" - report the production of goods produced by Canadian establishments in the "Manufacturing Sector (NAICS 31-33)". It measures the Dollar value, not the quantity of manufactured goods produced.

Oct, 15 13:30
Wholesale Sales
Wholesale Sales
Country:
Date: Oct, 15 13:30
Importance: Low
Previous: 1.2%
Forecast: 0.8%
Actual: -
Period: Aug

The value of sales made by Canadian wholesalers. Wholesalers sell to industries and retailers in quantities far larger than most consumers are willing to purchase. Given that growth in Wholesale Trade usually precedes increases in retail trade and consumption, changes in Wholesale Sales can be used as an early indicator for the overall direction of the retail sector, consumption and the economy. The headline figure reports the monthly percentage change in Wholesale Sales, seasonally adjusted to account for variations in demand due to seasonal cycles.

These sectors are farm products, food, beverages, and tobacco products, personal and household goods, automotive products, building materials, machinery and electronic equipment etc.

Oct, 15 19:00
Beige Book
Beige Book
Country:
Date: Oct, 15 19:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -

Report on current economic conditions in each of the 12 Federal Reserve districts covering the entire US. Regional Banks in the Federal Reserve System gather anecdotal information based on surveys of executives, economist and market participants. The Beige Book summarizes this data into a relatively short document, giving a picture of economic trends and challenges faced by different parts of the nation.

In addition to providing useful information on the economy, the report is also a window into how FOMC members may vote at the next interest rate policy meeting. Because each report is based on anecdotal information as much as statistics, it is subjective and may reflect opinions of district governors. As the only comprehensive report made available to the public, the Beige Book provides a rare opportunity for markets to better understand the Federal Reserve and its views on the economy.

Oct, 15 22:45
Food Price
Food Price
Country:
Date: Oct, 15 22:45
Importance: Low
Previous: 0.3%
Forecast: -
Actual: -
Period: Sep

Measures the price change of food and food services purchased by households. Higher food prices can result in economic slowdown because less disposable income will be used for non-food expenditures. Higher food prices can also result in inflation and signal future monetary action.

Higher domestic food prices may also suggest higher food prices internationally. New Zealand 's economy is largely based on producing and exporting agricultural goods and food products. Therefore, the Food Price Index can reflect demand for New Zealand products and for the New Zealand dollar. A higher reading may suggest a strengthening of the Dollar as foreigners pay relatively more for New Zealand 's exports.

The headline number is the percentage change in the index from the previous month.

Oct, 15 22:50
RBA Assistant Governor Christopher Kent Speaks
RBA Assistant Governor Christopher Kent Speaks
Country:
Date: Oct, 15 22:50
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Christopher Kent is Reserve Bank of Australia Assistant Governor since February 2012. He is responsible for the Bank’s Economic Analysis and Economic Research Departments. He is also Chief Economic Adviser to the RBA Governor. His comments may cast light on the regulator’s position and the Australian dollar exchange rate.
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