Date
GMT+01:00
Event
Jun, 26 03:00
★★★
Official Cash Rate
Official Cash Rate
Country:
Date: Jun, 26 03:00
Importance: High
Previous: 1.50%
Forecast: 1.50%
Actual: -
Period: Jun
The Official Cash Rate (OCR) is the interest rate set by the Reserve Bank to meet the inflation target specified in the Policy Targets Agreement (PTA). The current PTA, signed in September 2012, defines price stability as annual increases in the Consumers Price Index (CPI) of between 1 and 3 per cent on average over the medium term, with a focus on keeping future average inflation near the 2 percent target midpoint.
Jun, 26 03:00
★★★
RBNZ Rate Statement
RBNZ Rate Statement
Country:
Date: Jun, 26 03:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The Reserve Bank of New Zealand (RBNZ) releases this statement in connection to its recent decision on short-term interest rates. Interest rates are a primary determinant of a currency's value and these statements are used by traders to determine future monetary policy decisions.

Jun, 26 07:00
GfK Consumer Climate
GfK Consumer Climate
Country:
Date: Jun, 26 07:00
Importance: Low
Previous: 10.1
Forecast: 10.0
Actual: -
Period: Jul

The German group GfK uses this report to show the results of their survey on business consumer confidence in order to gauge the health of the German economy. It is a leading indicator of economic strength.

Jun, 26 09:00
ZEW-CS Survey (Economic Expectations)
ZEW-CS Survey (Economic Expectations)
Country:
Date: Jun, 26 09:00
Importance: Low
Previous: -14.3
Forecast: -
Actual: -
Period: Jun

The ZEW-CS Indicator is calculated monthly by the Centre for European Economic Research (ZEW) in cooperation with Credit Suisse (CS). The indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six-month time horizon.

Jun, 26 09:30
High Street Lending
High Street Lending
Country:
Date: Jun, 26 09:30
Importance: Low
Previous: 43.0K
Forecast: 43.2K
Actual: -
Period: May
Number of new mortgages approved for home purchase by High Street banks during the previous month. High Street banks make up around 65% of total UK mortgage lending. It's a leading indicator of housing market demand – most home purchases are financed with a mortgage, so it provides an excellent gauge of how many qualified buyers are entering the market.
Jun, 26 10:00
ECB's Yves Mersch Speaks
ECB's Yves Mersch Speaks
Country:
Date: Jun, 26 10:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Yves Mersch is a Luxembourgian jurist and lawyer who served as Governor of the Central Bank of Luxembourg from the bank's formation in 1998 until 2012 and as a member of the Executive Board of the European Central Bank since 2012.
Jun, 26 10:15
★★★
Inflation Report Hearings
Inflation Report Hearings
Country:
Date: Jun, 26 10:15
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The Governor and other members of the Monetary Policy Committee give evidence on a regular basis before the Treasury Committee.

Jun, 26 10:15
★★★
BOE Governor Mark Carney Speaks
BOE Governor Mark Carney Speaks
Country:
Date: Jun, 26 10:15
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.

Jun, 26 10:15
★★
BOE Deputy Governor for Financial Stability Jon Cunliffe Speaks
BOE Deputy Governor for Financial Stability Jon Cunliffe Speaks
Country:
Date: Jun, 26 10:15
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
Sir Jon Cunliffe became Deputy Governor for Financial Stability on 1 November 2013. Jon is a member of the Bank’s Financial Policy and Monetary Policy Committees, the Bank’s Court of Directors and the Prudential Regulation Authority Board. His speeches may include hints of regulation changes or the assessment of economic condition.
Jun, 26 10:15
★★
MPC Member Silvana Tenreyro Speaks
MPC Member Silvana Tenreyro Speaks
Country:
Date: Jun, 26 10:15
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
BOE MPC 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.
Jun, 26 10:15
★★
MPC Member Michael Saunders Speaks
MPC Member Michael Saunders Speaks
Country:
Date: Jun, 26 10:15
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
Michael Saunders, an economist at Citigroup, is to join the Bank of England’s interest rate-setting Monetary Policy Committee. Mr Saunders, who has worked at the US bank for more than 25 years, will replace Martin Weale on August 9, 2016 when his term at the BoE ends.
Jun, 26 13:30
★★★
Durable Goods Orders
Durable Goods Orders
Country:
Date: Jun, 26 13:30
Importance: High
Previous: -2.1% m/m; 0.0% m/m
Forecast: 0.0% m/m; 0.1% m/m
Actual: -
Period: May

The value of orders placed for relatively long-lasting goods. Durable Goods are expected to last more than three years. Such products often require large investments and usually reflect optimism on the part of the buyer that their expenditure will be worthwhile.

Because orders for goods have large sway over the actual production, this figure serves as an excellent forecast of US output to come. Durable Goods are typically sensitive to economic changes. When consumers become sceptical about economic conditions, sales of durable goods are one of the first to be impacted since consumers can delay purchases of durable items, like cars and televisions, only spending money on necessities in times of economic hardship. Conversely, when consumer confidence is restored, orders for durable goods rebound quickly.

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