Date
GMT+01:00
Event
Apr, 29 14:45
★★★
Overnight Rate
Overnight Rate
Country:
Date: Apr, 29 14:45
Importance: High
Previous: 2.25%
Forecast: 2.25%
Actual: -
Period: Apr

BoC Interest Rate Decision is announced by the Bank of Canada. If the BoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CAD. Likewise, if the BoC has a dovish view on the Canadian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

Apr, 29 14:45
★★★
BOC Rate Statement
BOC Rate Statement
Country:
Date: Apr, 29 14:45
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

This statement is the primary medium used by the Bank of Canada (BoC) to communicate with investors about monetary policy decisions, specifically those regarding interest rates.

Apr, 29 14:45
★★★
Bank of Canada Monetary Policy Report
Bank of Canada Monetary Policy Report
Country:
Date: Apr, 29 14:45
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

A quarterly report of the Bank of Canada’s Governing Council, presenting the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks.

Apr, 29 15:30
★★★
Bank of Canada Press Conference
Bank of Canada Press Conference
Country:
Date: Apr, 29 15:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

(BOC) Press Conference Following the Release of the Monetary Policy Report The global economic recovery is entering a new phase.

Apr, 29 15:30
★★
Crude Oil Inventories
Crude Oil Inventories
Country:
Date: Apr, 29 15:30
Importance: Medium
Previous: 1925K
Forecast: 300K
Actual: -
Period: Apr

The actual inventories of crude oil, gasoline, and distillate, such as jet fuel, as reported on a weekly basis. The numbers are watched closely by the energy markets, and if the results differ greatly from the expected inventory levels, the market can react strongly. The inventory data can be skewed by holidays and seasonal factors. Weekly data can be unreliable and should be viewed as a part of longer-term trends, so a four-week moving average may be more useful.

Apr, 29 19:00
★★★
FOMC Rate Decision
FOMC Rate Decision
Country:
Date: Apr, 29 19:00
Importance: High
Previous: 3.75%
Forecast: 3.75%
Actual: -
Period: Apr
The main interest rates settled by the FOMC are responsible for driving inflation in accordance with the monetary policy adopted by the FED. One of the rates in mind is the overnight borrowing rate and the Federal Reserve’s Cash Rate Target (FRCRT). The latter affects interest rates for consumer loans, mortgages, bonds or others. The actual changes to the interest rates have a direct impact on the US dollar. However, the market expectation, in respect to future monetary policy, plays a part that is even more significant for the market. In such circumstances, any indirect information that provides hints to future FED monetary policy, and thus influences the market expectations in respect to the interest rates, may have a significant impact on the US currency. Typically, an increase of the interest rates, or expectations of such an increase, provide fundamental support to the US dollar. The lower interest rates may have a negative impact on the US currency.
Apr, 29 19:00
★★★
FOMC Statement
FOMC Statement
Country:
Date: Apr, 29 19:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The FOMC usually changes the statement slightly at each release. It's these changes that traders focus on. It's the primary tool the FOMC 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.

Apr, 29 19:30
★★★
FOMC Press Conference
FOMC Press Conference
Country:
Date: Apr, 29 19:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The press conference is about an hour long and has 2 parts - first a prepared statement is read, then the conference is open to press questions. The questions often lead to unscripted answers that create heavy market volatility. The FOMC conference is among the primary methods the Fed uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, along with commentary about economic conditions such as the future growth outlook and inflation. Most importantly, it provides clues regarding future monetary policy.

Apr, 30 00:50
Industrial Production
Industrial Production
Country:
Date: Apr, 30 00:50
Importance: Low
Previous: -2.0%; 0.4%
Forecast: 0.9%
Actual: -
Period: Mar

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.

Apr, 30 00:50
Retail Sales
Retail Sales
Country:
Date: Apr, 30 00:50
Importance: Low
Previous: -2.0%; -0.1%
Forecast: ; 1.0%
Actual: -
Period: Mar

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures.

The headline figure is expressed as the percentage change from the same month last year.

Apr, 30 02:00
ANZ Business Confidence
ANZ Business Confidence
Country:
Date: Apr, 30 02:00
Importance: Low
Previous: 32.5
Forecast: -
Actual: -
Period: Apr

The results of the ANZ Bank Business survey held among businesses nationwide.

Apr, 30 02:30
★★
PMI Manufacturing
PMI Manufacturing
Country:
Date: Apr, 30 02:30
Importance: Medium
Previous: 50.4
Forecast: 50.2
Actual: -
Period: Apr

A monthly gauge of manufacturing activity and future outlook. The CIPS PMI is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Purchasing managers are tasked with gauging future demand, and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.

The PMI is presented as an index with a value between 1-100.

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