Date
GMT+02:00
Event Value
Feb, 22 21:00
★★★
FOMC Meeting Minutes
FOMC Meeting Minutes
Country:
Date: Feb, 22 21:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: Feb

The Federal Open Market Committee (FOMC) Meeting Minutes are a verbatim record of the committee's meeting held about two weeks earlier.

Feb, 23 02:30
★★★
Private Capital Expenditure
Private Capital Expenditure
Country:
Date: Feb, 23 02:30
Importance: High
Previous: -4.0%q/q
Forecast: -0.4%q/q
Actual: -
Period: 4 quarter

The release is published every quarter, and about 60 days after the quarter ends. It is published by the Australian Bureau of Statistics, and measures the alteration in the overall inflation-amended value (real value) of new capital investments produced by private businesses. The data release is important for traders, as it is a top indicator of Australia’s economic health. Additionally, a change in the investment levels for businesses is usually a sign for future economic movement, including earning, spending and hiring.

-4.0%q/q
Feb, 23 15:30
★★★
Unemployment Claims
Unemployment Claims
Country:
Date: Feb, 23 15:30
Importance: High
Previous: 239K
Forecast: 242K
Actual: -
Period: Feb

The indicator shows the number of unemployed people in the USA.

239K
Feb, 24 00:30
★★★
RBA Governor Philip Lowe Speaks
RBA Governor Philip Lowe Speaks
Country:
Date: Feb, 24 00:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: Feb
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.
Feb, 24 15:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Feb, 24 15:30
Importance: High
Previous: -0.2% m/m; 1.5% y/y
Forecast: 0.3% m/m; 1.6% y/y
Actual: -
Period: Jan

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.

-0.2% m/m; 1.5% y/y
Feb, 24 15:30
★★★
Consumer Price Index Core
Consumer Price Index Core
Country:
Date: Feb, 24 15:30
Importance: High
Previous: -0.3% m/m; 1.6% y/y
Forecast: -0.1% m/m
Actual: -
Period: Jan

CPI Excluding Core Eight

The Consumer Price Index excluding eight items which the Bank of Canada has deemed to have the most volatility from month to month. The goods omitted tend to fluctuate idiosyncratically and may distort CPI data. The headline figure for CPI is the percentage change in the index on a month to month and year to year basis.

Note : These Eight items include: fruit, vegetables, gasoline, fuel oil, natural gas, mortgage interest, inter-city transportation and tobacco products. Changes in the CPI Excluding the Core 8 are recognized as a better indicator of inflation than the regular CPI. The headline figure is reported as a percent change on both the month to month and year to year basis.

-0.3% m/m; 1.6% y/y
Feb, 27 15:30
★★★
Durable Goods Orders
Durable Goods Orders
Country:
Date: Feb, 27 15:30
Importance: High
Previous: -0.4% m/m; 0.5% m/m
Forecast: -
Actual: -
Period: Jan

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.

-0.4% m/m; 0.5% m/m
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