Date
GMT+01:00
Event
Sep, 24 07:00
Wholesale Price Index
Wholesale Price Index
Country:
Date: Sep, 24 07:00
Importance: Low
Previous: 0.0% m/m; 3.5% y/y
Forecast: -
Actual: -
Period: Aug

Measures changes in the prices paid by retailers for finished goods. Growth in wholesale prices usually precedes increases in retail prices, thus changes in Wholesale Prices can be used as an early indicator for inflation. While the CPI records price changes for retail goods, the WPI might pick up inflationary pressures before they reach the headline retail CPI report. The headline number is the percentage change in the index.

Note: WPI provides seasonally adjusted price changes to account for goods' seasonally volatility.

Sep, 24 09:00
★★
Ifo Business Climate Index
Ifo Business Climate Index
Country:
Date: Sep, 24 09:00
Importance: Medium
Previous: 103.8
Forecast: -
Actual: -
Period: Sep

The Ifo Business Climate Index is a closely followed leading indicator for economic activity in Germany prepared by the Ifo Institute for Economic Research in Munich. It is based on ca. 7,000 monthly survey responses of firms in manufacturing, construction, wholesaling and retailing. The firms are asked to give their assessments of the current business situation and their expectations for the next six months. They can characterise their situation as "good", "satisfactorily" or "poor" and their business expectations for the next six months as "more favourable", "unchanged" or "more unfavourable". The replies are weighted according to the importance of the industry and aggregated. The balance value of the current business situation is the difference of the percentages of the responses "good" and "poor", the balance value of the expectations is the difference of the percentages of the responses "more favourable" and "more unfavourable". The business climate is a mean of the balances of the business situation and the expectations.

Sep, 24 09:00
★★
Ifo Current Assessment
Ifo Current Assessment
Country:
Date: Sep, 24 09:00
Importance: Medium
Previous: 106.4
Forecast: -
Actual: -
Period: Sep

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP.

Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Current Assessment
Measures current German business conditions, without considering future expectations.

Sep, 24 09:00
★★
IFO - Expectations
IFO - Expectations
Country:
Date: Sep, 24 09:00
Importance: Medium
Previous: 101.2
Forecast: -
Actual: -
Period: Sep

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP. Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Expectations
Based on firms' expectations for the next six months, where firms rate the future outlook as better, same, or worse.

Sep, 24 11:00
CBI industrial order books balance
CBI industrial order books balance
Country:
Date: Sep, 24 11:00
Importance: Low
Previous: 7
Forecast: -
Actual: -
Period: Sep

This review reflects businessmen sentiment concerning the position of the industrial sector of the economy.

Sep, 24 13:30
Wholesale Sales
Wholesale Sales
Country:
Date: Sep, 24 13:30
Importance: Low
Previous: -0.8% m/m
Forecast: -
Actual: -
Period: Jul

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.

Sep, 24 14:00
NBB Business Climate
NBB Business Climate
Country:
Date: Sep, 24 14:00
Importance: Low
Previous: -0.3
Forecast: -
Actual: -
Period: Sep

Assesses overall business environment in a country.

Sep, 25 00:50
Monetary Policy Meeting Minutes
Monetary Policy Meeting Minutes
Country:
Date: Sep, 25 00:50
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: Jul
The Bank of Japan publishes the summary from its monthly monetary policy meetings some time after the actual meeting. These meetings are held to review economic developments inside and outside of Japan and decide the central bank’s monetary policy. The minutes usually come out late, at least a month after the meeting, but give detailed insight into the Bank of Japan’s monetary policy decision making process.
Sep, 25 00:50
Corporate Service Price Index
Corporate Service Price Index
Country:
Date: Sep, 25 00:50
Importance: Low
Previous: 1.1% y/y
Forecast: -
Actual: -
Period: Aug

Change in the price of services purchased by corporations. It's a leading indicator of consumer inflation - when corporations pay more for services the higher costs are usually passed on to the consumer.

Sep, 25 14:00
House Price Index
House Price Index
Country:
Date: Sep, 25 14:00
Importance: Low
Previous: 0.2% m/m
Forecast: -
Actual: -
Period: Jul

A resumptive index of house prices reflecting prices for new constructions and resale real estate markets. As all indices connected with the construction industry it can be seasonally adjusted.

Sep, 25 14:00
S&P Case-Shiller Home Price Index
S&P Case-Shiller Home Price Index
Country:
Date: Sep, 25 14:00
Importance: Low
Previous: 6.3% y/y
Forecast: -
Actual: -
Period: Jul

The growth of this indicator is favorable for the markets. It is not seasonally adjusted.

Sep, 25 15:00
★★★
Consumer Confidence
Consumer Confidence
Country:
Date: Sep, 25 15:00
Importance: High
Previous: 133.4
Forecast: -
Actual: -
Period: Sep

Assessment of consumer sentiment regarding business conditions, employment and personal income. Based on a representative sample of thousands of mail-in surveys, the Conference Board index has the largest pooling sample of any US measure of consumer confidence. Consumer Confidence levels are generally linked with consumer spending. For instance, when consumer confidence is on the rise consumer spending tends to increase. Low or falling consumer confidence on the other hand is typically associated with decreased spending and consumer demand.

Some analysts criticize the Consumer Confidence figure for its volatile tendencies and weak connection to household expenditure, turning instead to the University of Michigan Consumer Confidence numbers. The volatility of the Consumer Confidence figure is attributed to two factors: its pooling size and the survey time frame focus. The Conference Board surveys an entirely new group of people each month, resulting in more erratic month to month figures. Additionally, the survey queries respondents on expectations for the following six months, a relatively short term evaluation. Conversely, the University of Michigan survey will re-poll many individuals and focuses on expectations for the next one to five years. The long term focus has a stabilizing effect on consumer confidence.

Survey results are printed in the headlines where 100 reflects a recent base year.

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