Date
GMT+03:00
Event Value
Oct, 24 16:45
★★★
Final Services PMI
Final Services PMI
Country:
Date: Oct, 24 16:45
Importance: High
Previous: 54.2
Forecast: 53.5
Actual: -
Period: Oct
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy. Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release is the earliest and thus tends to have the most impact.
54.2
Oct, 24 16:45
★★★
ISM Manufacturing
ISM Manufacturing
Country:
Date: Oct, 24 16:45
Importance: High
Previous: 52.0
Forecast: 51.9
Actual: -
Period: Oct

A monthly index released by the Institute of Supply Management which tracks the amount of manufacturing activity that occurred in the previous month.ISM Manufacuring assesses the state of US industry by surveying executives on expectations for future production, new orders, inventories, employment and deliveries. This data is considered a very important and trusted economic measure. If the index has a value below 50, due to a decrease in activity, it tends to indicate an economic recession, especially if the trend continues over several months. A value substantially above 50 likely indicates a time of economic growth. The values for the index can be between 0 and 100.

Values over 50 generally indicate an expansion, while values below 50 indicate contraction.

52.0
Oct, 24 15:30
★★★
Consumer Price Index Core
Consumer Price Index Core
Country:
Date: Oct, 24 15:30
Importance: High
Previous: 0.3%; 3.1%
Forecast: 0.3%
Actual: -
Period: Sep

CPI Excluding Food and Energy - United States

The CPI is also reported excluding food and energy; two of its most volatile components. These components are particularly sensitive to temporary economic factors like oil prices, natural disasters and seasonal affects. Consequently, CPI excluding Food and Energy provides a more stable figure, but at the cost of overlooking two significant sectors in the economy (together food and energy comprise nearly a quarter of the goods included in the CPI).

The figure is the monthly percent change in the index.

0.3%; 3.1%
Oct, 24 15:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Oct, 24 15:30
Importance: High
Previous: 0.4%; 2.9%
Forecast: 0.4%
Actual: -
Period: Sep

CPI assesses changes in the cost of living by measuring changes consumer pay for a set of items. CPI serves as the headline figure for inflation. Simply put, inflation reflects a decline in the purchasing power of the dollar, where each dollar buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical American household might purchase. An increase in the Consumer Price Index indicates that it takes more dollars to purchase the same set basket of basic consumer items.

Inflation is generally bad news for the economy, causing instability, uncertainty and hardship. To address inflation, the Fed may raise interest rates. However, the Fed relies on the PCE Deflator as its primary gauge of inflation because the CPI does not account for the ability of consumer to substitute out of CPI's set. Price changes tend to cause consumers to switch from buying one good to a less expensive-other, a tendency that the fixed-basket CPI figure does not yet account for. Given that the PCE Deflator is a more comprehensive calculation, based on changes in consumption; it is the figure the Fed prefers.

The figure is released monthly, as either a month over month annualized percentage change, or percentage change for the full year. The figure is seasonally adjusted to account seasonal consumption patterns.

On A Technical Note: The CPI includes over 200 categories of goods and services included, divided into 8 main groups, each with a different weight: Housing, Transportation, Food, Medical Care, Education and Communication, Recreation, Apparel, and Other Goods and Services.

0.4%; 2.9%
Oct, 24 13:30
★★★
Key bank rate
Key bank rate
Country:
Date: Oct, 24 13:30
Importance: High
Previous: 17%
Forecast: 17%
Actual: -
Period: Oct
The Bank Rossii decision on short term interest rate. The decision on where to set interest rates depends mostly on growth outlook and inflation. The primary objective of the central bank is to achieve price stability. High interest rates attract foreigners looking for the best "risk-free" return on their money, which can dramatically increases demand for the nation's currency. A higher than expected rate is positive/bullish for the RUB, while a lower than expected rate is negative/bearish for the RUB.
17%
Oct, 22 09:00
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Oct, 22 09:00
Importance: High
Previous: 0.3%; 3.8%
Forecast: 0.1%; 4.0%
Actual: 0.0%; 3.8%
Period: Sep

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

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

0.0%; 3.8%
Oct, 21 15:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Oct, 21 15:30
Importance: High
Previous: -0.1%; 1.9%
Forecast: -0.1%; 2.3%
Actual: 0.1%; 2.4%
Period: Sep

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.

0.1%; 2.4%
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