Date
GMT+00:00
Event
Jan, 29 19:00
★★★
FOMC Rate Decision
FOMC Rate Decision
Country:
Date: Jan, 29 19:00
Importance: High
Previous: 1.75%
Forecast: 1.75%
Actual: -
Period: Jan
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.
Jan, 29 19:00
★★★
FOMC Statement
FOMC Statement
Country:
Date: Jan, 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.

Jan, 29 19:30
★★★
FOMC Press Conference
FOMC Press Conference
Country:
Date: Jan, 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.

Jan, 29 21:45
★★
Trade Balance
Trade Balance
Country:
Date: Jan, 29 21:45
Importance: Medium
Previous: -753M; -4816M
Forecast: 100M; -4725M
Actual: -
Period: Dec

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.

Surpluses and Deficits
A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

Ramifications of Trade Balance on Markets
There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

Jan, 30 00:30
Import Price Index
Import Price Index
Country:
Date: Jan, 30 00:30
Importance: Low
Previous: 0.4%
Forecast: 0.4%
Actual: -
Period: 4 quarter

This index measures changes in the prices of imports into a country per month.

Jan, 30 08:00
★★
KOF Economic Barometer
KOF Economic Barometer
Country:
Date: Jan, 30 08:00
Importance: Medium
Previous: 96.4
Forecast: 97.0
Actual: -
Period: Jan

The Swiss KOF Economic Barometer is a leading indicator which measures overall economic activity and is an excellent indicator of the direction of the Swiss economy. The KOF Economic Barometer is one or two quarters ahead of the GDP growth rate of the previous year and thus enables an initial estimate to be made of how the Swiss economy will perform in the next or in the next two quarters.

The Barometer is ultimately adjusted to take account of seasonal fluctuations and random factors. The Barometer is published monthly.

Jan, 30 08:55
★★
Unemployment Rate
Unemployment Rate
Country:
Date: Jan, 30 08:55
Importance: Medium
Previous: 5.0%
Forecast: 5.0%
Actual: -
Period: Jan

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.

Jan, 30 08:55
★★
Unemployment Change
Unemployment Change
Country:
Date: Jan, 30 08:55
Importance: Medium
Previous: 8K
Forecast: 5K
Actual: -
Period: Jan

The indicator shows the number of unemployed people in Germany.

Jan, 30 09:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jan, 30 09:00
Importance: Low
Previous: 9.7%
Forecast: 9.7%
Actual: -
Period: Dec

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.

Jan, 30 10:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jan, 30 10:00
Importance: Low
Previous: 7.5%
Forecast: 7.5%
Actual: -
Period: Dec

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.

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.

Jan, 30 10:00
10-y Bond Auction
10-y Bond Auction
Country:
Date: Jan, 30 10:00
Importance: Low
Previous: 1.35%; 1.33
Forecast: -
Actual: -
Period: Jan
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
Jan, 30 10:00
Consumer Confidence
Consumer Confidence
Country:
Date: Jan, 30 10:00
Importance: Low
Previous: -8.1
Forecast: -8.1
Actual: -
Period: Jan

Consumer confidence is a measure of popular sentiment concerning the Eurozone economy. The figure is derived from a survey that asks thousands of consumers about personal expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Even though t he Italian economy is heavily driven by its export sector, domestic consumer confidence is an important gauge of overall economic activity and future inflationary pressures.

A headline figure above 50 shows positive consumer sentiment, while a number below 50 shows negative consumer sentiment; the greater the distance, the stronger the sentiment.

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