Date
GMT+03:00
Event Value
Sep, 22 11:30
★★★
ECB President Mario Draghi Speaks
ECB President Mario Draghi Speaks
Country:
Date: Sep, 22 11:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: Sep

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

Sep, 22 12:30
★★★
ECB President Mario Draghi Speaks
ECB President Mario Draghi Speaks
Country:
Date: Sep, 22 12:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: Sep

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

Sep, 22 15:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Sep, 22 15:30
Importance: High
Previous: 0.0% m/m; 1.2% y/y
Forecast: 0.2% m/m; 1.5% y/y
Actual: -
Period: Aug

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.

0.0% m/m; 1.2% y/y
Sep, 26 17:00
★★★
CB Consumer Confidence
CB Consumer Confidence
Country:
Date: Sep, 26 17:00
Importance: High
Previous: 122.9
Forecast: -
Actual: -
Period: Sep
CB Consumer Confidence is based on a monthly survey of about 5,000 U.S. households regarding their opinion of the economy. Traders should pay close attention to its release, which always has a strong impact on market prices. A higher reading than the market forecast is bullish for the dollar.
122.9
Sep, 27 15:30
★★★
Durable Goods Orders
Durable Goods Orders
Country:
Date: Sep, 27 15:30
Importance: High
Previous: -6.8% m/m; 0.5% m/m
Forecast: -
Actual: -
Period: Aug

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.

-6.8% m/m; 0.5% m/m
Sep, 27 23:00
★★★
RBNZ Rate Statement
RBNZ Rate Statement
Country:
Date: Sep, 27 23:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: Sep

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.

Sep, 27 23:00
★★★
Official Cash Rate
Official Cash Rate
Country:
Date: Sep, 27 23:00
Importance: High
Previous: 1.75%
Forecast: 1.75%
Actual: -
Period: Sep
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.
1.75%
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