Date
GMT+00:00
Event
Jan, 17 16:15
★★★
BOC Press Conference
BOC Press Conference
Country:
Date: Jan, 17 16:15
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
The press conference 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 press conference is audio webcasted on the BOC website. It's among the primary method the BOC uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate decision, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy.
Jan, 17 19:00
Beige Book
Beige Book
Country:
Date: Jan, 17 19:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -

A report on current economic conditions in each of the 12 Federal Reserve districts covering the entire USA. Regional Banks in the Federal Reserve System gather anecdotal information based on surveys of executives, economists and market participants. The Beige Book summarizes this data into a relatively short document, giving a picture of economic trends and challenges faced by different parts of the nation.

In addition to providing useful information on the economy, the report is also a window into how FOMC members may vote at the next interest rate policy meeting. Because each report is based on anecdotal information as much as statistics, it is subjective and may reflect opinions of district governors. As the only comprehensive report made available to the public, the Beige Book provides a rare opportunity for markets to better understand the Federal Reserve and its views on the economy.

Jan, 17 21:00
TIC Long-Term Purchases
TIC Long-Term Purchases
Country:
Date: Jan, 17 21:00
Importance: Low
Previous: 23.2bln
Forecast: 50.1bln
Actual: -
Period: Nov

The U.S. TIC Long-Term Purchases release measures the level of foreign and domestic investment in the US. This important indicator is released monthly, and if the reading exceeds the market forecast, this bodes well for the US dollar.

Jan, 17 21:30
★★
FOMC Member Loretta Mester Speaks
FOMC Member Loretta Mester Speaks
Country:
Date: Jan, 17 21:30
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Bank of Cleveland President Loretta Mester. 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.
Jan, 18 00:00
★★
MI Inflation Expectations
MI Inflation Expectations
Country:
Date: Jan, 18 00:00
Importance: Medium
Previous: 3.7%
Forecast: -
Actual: -
Period: Jan

Measures the percentage change which consumers expect for the price of goods and services over the next year.

Jan, 18 00:00
HIA New Home Sales
HIA New Home Sales
Country:
Date: Jan, 18 00:00
Importance: Low
Previous: 1.6% m/m
Forecast: -
Actual: -
Period: Dec
The estimate measures consumer confidence. The estimate growth commonly has a positive effect on the currency rate.
Jan, 18 00:01
RICS House Price Balance
RICS House Price Balance
Country:
Date: Jan, 18 00:01
Importance: Low
Previous: 0%
Forecast: -1%
Actual: -
Period: Dec

An indicator of the expected monthly change in house prices in the UK, published by the Royal Institution of Chartered Surveyors (RICS). The RICS house price balance is based on opinions about housing price trends of a sample size of surveyors based in the UK, covered by the RICS monthly Housing Market Survey.

Jan, 18 00:30
Participation Rate
Participation Rate
Country:
Date: Jan, 18 00:30
Importance: Low
Previous: 65.5%
Forecast: 65.5%
Actual: -
Period: Dec

A measure of the active portion of an economy's labor force. The participation rate refers to the number of people who are either employed or are actively looking for work. The number of people who are no longer actively searching for work would not be included in the participation rate. During an economic recession, many workers often get discouraged and stop looking for employment, as a result, the participation rate decreases.

Jan, 18 00:30
★★
Part Time Employment Change
Part Time Employment Change
Country:
Date: Jan, 18 00:30
Importance: Medium
Previous: 41.9K; 19.7K
Forecast: -
Actual: -
Period: Dec

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.

Jan, 18 00:30
★★★
Employment Change
Employment Change
Country:
Date: Jan, 18 00:30
Importance: High
Previous: 61.6K
Forecast: 13.2K
Actual: -
Period: Dec

Employment change is a crucial indicator to measure the health of the overal economy. It's realeased shortly after the month ends and is a leading indcator of consumer spending which makes up the majority of overall economic activity.

Jan, 18 00:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Jan, 18 00:30
Importance: High
Previous: 5.4%
Forecast: 5.4%
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, 18 04:30
Industrial Production
Industrial Production
Country:
Date: Jan, 18 04:30
Importance: Low
Previous: 0.6% m/m; 3.7% y/y
Forecast: 0.6% m/m; 3.7% y/y
Actual: -
Period: Nov

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.

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