Date
GMT+00:00
Event
Dec, 10 15:30
★★
Crude Oil Inventories
Crude Oil Inventories
Country:
Date: Dec, 10 15:30
Importance: Medium
Previous: 574K
Forecast: -1200K
Actual: -
Period: Dec

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.

Dec, 10 19:00
★★★
FOMC Rate Decision
FOMC Rate Decision
Country:
Date: Dec, 10 19:00
Importance: High
Previous: 4.00%
Forecast: 3.75%
Actual: -
Period: Dec
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.
Dec, 10 19:00
★★★
FOMC Economic Projections
FOMC Economic Projections
Country:
Date: Dec, 10 19:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

Economic projections are collected from each member of the Board of Governors and each Federal Reserve Bank president four times a year, in connection with the Federal Open Market Committee's (FOMC’s) usual two-day meetings (typically held in January, April, June, and November). Several charts and a table that summarize those projections are released at the Chairman's press conference within hours of the meeting. Three weeks later, more detailed information is provided in the Summary of Economic Projections, which is published with the minutes of the FOMC meeting.

Dec, 10 19:00
★★★
FOMC Statement
FOMC Statement
Country:
Date: Dec, 10 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.

Dec, 10 19:00
Federal Budget Balance
Federal Budget Balance
Country:
Date: Dec, 10 19:00
Importance: Low
Previous: -284.4
Forecast: -186.5
Actual: -
Period: Nov

This is a report which measures the difference in value between the federal government's income and spending during the previous month.

Dec, 10 19:30
★★★
FOMC Press Conference
FOMC Press Conference
Country:
Date: Dec, 10 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.

Dec, 10 21:45
Manufacturing Sales
Manufacturing Sales
Country:
Date: Dec, 10 21:45
Importance: Low
Previous: -3.0%
Forecast: -
Actual: -
Period: 3 quarter
Change in the total value of sales at the manufacturing level. Released quarterly, about 70 days after the quarter ends.
Dec, 10 23:50
★★
BSI Manufacturing Index
BSI Manufacturing Index
Country:
Date: Dec, 10 23:50
Importance: Medium
Previous: 3.8
Forecast: 4.2
Actual: -
Period: 4 quarter

Measures Level of a diffusion index based on surveyed large manufacturers. Above 0.0 indicates optimism, below indicates pessimism.

Dec, 11 00:01
RICS House Price Balance
RICS House Price Balance
Country:
Date: Dec, 11 00:01
Importance: Low
Previous: -19%
Forecast: -21%
Actual: -
Period: Nov

Gauge for costs of homes in the United Kingdom. The figure is based on surveyors' opinions on the state of the market, calculated as is the percent of surveyors reporting a rise in prices minus those reporting a fall. A rise in house prices indicates a strong housing market, which generally reflects a strong overall economy.

Dec, 11 00:30
★★★
Employment Change
Employment Change
Country:
Date: Dec, 11 00:30
Importance: High
Previous: 42.2K
Forecast: 20.3K
Actual: -
Period: Nov

Tracks the number of the employed in Australia . The figure appears in the monthly Labour Force Survey conducted by the Australian Bureau of Statistics. A surge in new employment suggests higher spending potential and budding inflation pressures, which the RBA often counters with rate increases.

The headline figure is the annualized percentage change in employed workers.

Dec, 11 00:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Dec, 11 00:30
Importance: High
Previous: 4.3%
Forecast: 4.4%
Actual: -
Period: Nov

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.

Dec, 11 00:30
★★
Part Time Employment Change
Part Time Employment Change
Country:
Date: Dec, 11 00:30
Importance: Medium
Previous: 55.3K; -13.1K
Forecast: -
Actual: -
Period: Nov

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.

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