Date
GMT+01:00
Event
Jun, 19 23:00
Westpac Consumer Confidence
Westpac Consumer Confidence
Country:
Date: Jun, 19 23:00
Importance: Low
Previous: 111.2
Forecast: -
Actual: -
Period: 2 quarter

Officially called the Consumer Sentiment Index, this figure measures the level of consumer confidence and is an average of five indices measuring different aspects of consumer fiscal health. This is one of the few indicators that are entirely expectation-based. Households report their views on current buying conditions for household items and where they feel are the "wisest" places to invest savings. Views on future political policy (taxes, politicians, government) and economic conditions (wages, inflation, unemployment) are also surveyed.

Confidence figures are often leading indicators for the consumer spending and the economy as a whole. The headline figure is percentage change in the index value from that of the previous month.

Jun, 19 23:45
★★
Current Account
Current Account
Country:
Date: Jun, 19 23:45
Importance: Medium
Previous: -2.77bln
Forecast: 0.05bln
Actual: -
Period: 1 quarter

The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the NZD.

A higher than expected reading should be taken as positive/bullish for the NZD, while a lower than expected reading should be taken as negative/bearish for the NZD.

Jun, 20 00:50
Monetary Policy Meeting Minutes
Monetary Policy Meeting Minutes
Country:
Date: Jun, 20 00:50
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: Apr
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.
Jun, 20 01:30
MI Leading Index
MI Leading Index
Country:
Date: Jun, 20 01:30
Importance: Low
Previous: 0.2% m/m
Forecast: -
Actual: -
Period: May

A leading indicator for Australian economic activity calculated by Melbourne Institute.

Jun, 20 07:00
PPI
PPI
Country:
Date: Jun, 20 07:00
Importance: Low
Previous: 0.5% m/m; 2.0% y/y
Forecast: 0.4% m/m; 2.5% y/y
Actual: -
Period: May

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

Jun, 20 10:30
30-y Bond Auction
30-y Bond Auction
Country:
Date: Jun, 20 10:30
Importance: Low
Previous: 1.26%; 1.1
Forecast: -
Actual: -
Period: Jun
Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence.
Jun, 20 11:00
CBI industrial order books balance
CBI industrial order books balance
Country:
Date: Jun, 20 11:00
Importance: Low
Previous: -3
Forecast: 1
Actual: -
Period: Jun

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

Jun, 20 13:30
★★
Current Account
Current Account
Country:
Date: Jun, 20 13:30
Importance: Medium
Previous: -128.2bln
Forecast: -129.0bln
Actual: -
Period: 1 quarter

The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the USD.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

Jun, 20 14:30
★★★
RBA Governor Philip Lowe Speaks
RBA Governor Philip Lowe Speaks
Country:
Date: Jun, 20 14:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
RBA Governor Oct 2016 - Sep 2023. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues. As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
Jun, 20 14:30
★★★
Federal Reserve Chairman Jerome Powell Speaks
Federal Reserve Chairman Jerome Powell Speaks
Country:
Date: Jun, 20 14:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Chair Jerome Powell. Fed Chair Feb 2018 - Feb 2022. Fed Governor May 2012 - Jan 2028. The testimony usually comes in 2 parts: first he reads a prepared statement (a text version is made available on the Fed's website at the start), then the committee will hold a question and answer session. Since the questions are not known beforehand they can make for some unscripted moments that lead to heavy market volatility. As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
Jun, 20 14:30
★★★
ECB President Mario Draghi Speaks
ECB President Mario Draghi Speaks
Country:
Date: Jun, 20 14:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

Mario Draghi is an Italian banker and economist who succeeded Jean-Claude Trichet as President of the European Central Bank on 1 November 2011.

Jun, 20 14:30
★★★
BOJ Governor Haruhiko Kuroda Speaks
BOJ Governor Haruhiko Kuroda Speaks
Country:
Date: Jun, 20 14:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

Bank of Japan Governor Haruhiko Kuroda will hold a press conference about monetary policies in Tokyo. Mr Kuroda exercises general control over the Bank's business. He is in charge of the Internal Auditors' Office.

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