Date
GMT+01:00
Event
Oct, 19 13:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Oct, 19 13:30
Importance: High
Previous: -0.1% m/m; 2.8% y/y
Forecast: 0.1% m/m; 2.7% y/y
Actual: -
Period: Sep

The key gauge for inflation in Canada. Simply put, inflation reflects a decline in the purchasing power of the Canadian Dollar, meaning each Dollar buys fewer goods and services. CPI is the most obvious way to measure changes in purchasing power - the report tracks changes in the price of a basket of goods and services that a typical Canadian household might purchase. An increase in the index indicates that it takes more Dollars to purchase this same set of basic consumer items.

As the most important indicator of inflation in Canada , Consumer Price figures are closely followed by Canada 's central bank. The Bank of Canada has a target inflation band of 1 - 3 % and uses CPI and Core CPI as its principle gauge (the Bank of Canada posts inflation targets and CPI on their homepage). A rising CPI may prompt the central bank to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Dollar more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Dollar.

Oct, 19 13:30
★★
Consumer Price Index Core
Consumer Price Index Core
Country:
Date: Oct, 19 13:30
Importance: Medium
Previous: 0.1% m/m; 1.7% y/y
Forecast: 0.2% m/m; 1.8% y/y
Actual: -
Period: Sep

CPI Excluding Core Eight

The Consumer Price Index excluding eight items which the Bank of Canada has deemed to have the most volatility from month to month. The goods omitted tend to fluctuate idiosyncratically and may distort CPI data. The headline figure for CPI is the percentage change in the index on a month to month and year to year basis.

Note : These Eight items include: fruit, vegetables, gasoline, fuel oil, natural gas, mortgage interest, inter-city transportation and tobacco products. Changes in the CPI Excluding the Core 8 are recognized as a better indicator of inflation than the regular CPI. The headline figure is reported as a percent change on both the month to month and year to year basis.

Oct, 19 13:30
★★
Common Core CPI
Common Core CPI
Country:
Date: Oct, 19 13:30
Importance: Medium
Previous: 2.0%
Forecast: 2.0%
Actual: -
Period: Sep
The Common calculation helps expose the underlying inflation trend through filtering out price movements that might be caused by factors specific to certain components. Source first released in Dec 2016. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
Oct, 19 13:30
★★
Median Core CPI
Median Core CPI
Country:
Date: Oct, 19 13:30
Importance: Medium
Previous: 2.1%
Forecast: -
Actual: -
Period: Sep
The Median calculation helps expose the underlying inflation trend through exclusion of extreme price movements specific to certain components. Source first released in Dec 2016. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
Oct, 19 13:30
★★
Trimmed Core CPI
Trimmed Core CPI
Country:
Date: Oct, 19 13:30
Importance: Medium
Previous: 2.2%
Forecast: -
Actual: -
Period: Sep
Change in the price of goods and services purchased by consumers, excluding 40% of components with extreme price movements. The Trimmed Mean calculation helps expose the underlying inflation trend through component weighting and anomaly exclusion. Source first released in Dec 2016. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
Oct, 19 13:30
★★
Retail Sales
Retail Sales
Country:
Date: Oct, 19 13:30
Importance: Medium
Previous: 0.3% m/m; 0.9% m/m
Forecast: 0.3% m/m; 0.1% m/m
Actual: -
Period: Aug

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.

Oct, 19 15:00
★★
Existing Home Sales
Existing Home Sales
Country:
Date: Oct, 19 15:00
Importance: Medium
Previous: 5.34M; 0.0%
Forecast: 5.29M; -0.9%
Actual: -
Period: Sep

Records sales of previously owned homes in the United States . This report provides a fairly accurate assessment of housing market conditions, and because of the sensitivity of the housing market to business cycle twists, it can be an important indicator of overall conditions at times when housing is particularly important to the economy.

While used home sales are not counted in GDP, they do affect the United States economy. Sellers of used homes often use capital gains from property sales on consumption that stimulate the economy. Higher levels of consumer spending may also increase inflationary pressures, even as they help grow the economy.

The existing home sales report is not as timely as other housing indicators like New Home Sales or Building Permits. By the time the Existing Home Sales are recorded, market conditions may have changed.

The headline is the total value of properties sold.

Oct, 19 17:00
★★
FOMC Member Raphael W. Bostic Speaks
FOMC Member Raphael W. Bostic Speaks
Country:
Date: Oct, 19 17:00
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Bank of Atlanta President Raphael Bostic - FOMC voting member 2018. Federal Reserve FOMC 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. More hawkish than expected is good for currency.
Oct, 19 17:10
★★★
BOE Governor Mark Carney Speaks
BOE Governor Mark Carney Speaks
Country:
Date: Oct, 19 17:10
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

Mark Joseph Carney is the current Governor of the Bank of England and the Chairman of the G20's Financial Stability Board. He was also the eighth Governor of the Bank of Canada. Carney achieved these positions by working his way up the ranks of Goldman Sachs, the Canadian Department of Finance, and the Bank of Canada as Deputy Governor.

Oct, 19 17:45
FOMC Member Robert Kaplan Speaks
FOMC Member Robert Kaplan Speaks
Country:
Date: Oct, 19 17:45
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Bank of Dallas President Robert Kaplan. Federal Reserve FOMC 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, 19 18:00
Baker Hughes U.S. Rig Count
Baker Hughes U.S. Rig Count
Country:
Date: Oct, 19 18:00
Importance: Low
Previous: 1063
Forecast: -
Actual: -
Period: Oct
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.
Oct, 20 17:00
★★
FOMC Member Raphael W. Bostic Speaks
FOMC Member Raphael W. Bostic Speaks
Country:
Date: Oct, 20 17:00
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Bank of Atlanta President Raphael Bostic - FOMC voting member 2018. Federal Reserve FOMC 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. More hawkish than expected is good for currency.
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