Date
GMT+02:00
Event Value
Jun, 20 00:00
Westpac Consumer Confidence
Westpac Consumer Confidence
Country:
Date: Jun, 20 00:00
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.

111.2
Jun, 20 00:45
★★
Current Account
Current Account
Country:
Date: Jun, 20 00:45
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.

-2.77bln
Jun, 20 01:50
Monetary Policy Meeting Minutes
Monetary Policy Meeting Minutes
Country:
Date: Jun, 20 01:50
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 02:30
MI Leading Index
MI Leading Index
Country:
Date: Jun, 20 02:30
Importance: Low
Previous: 0.2% m/m
Forecast: -
Actual: -
Period: May

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

0.2% m/m
Jun, 20 08:00
PPI
PPI
Country:
Date: Jun, 20 08:00
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.

0.5% m/m; 2.0% y/y
Jun, 20 11:30
30-y Bond Auction
30-y Bond Auction
Country:
Date: Jun, 20 11:30
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.
1.26%; 1.1
Jun, 20 12:00
CBI industrial order books balance
CBI industrial order books balance
Country:
Date: Jun, 20 12:00
Importance: Low
Previous: -3
Forecast: 1
Actual: -
Period: Jun

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

-3
Jun, 20 14:30
★★
Current Account
Current Account
Country:
Date: Jun, 20 14:30
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.

-128.2bln
Jun, 20 15:30
★★★
RBA Governor Philip Lowe Speaks
RBA Governor Philip Lowe Speaks
Country:
Date: Jun, 20 15:30
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 15:30
★★★
Federal Reserve Chairman Jerome Powell Speaks
Federal Reserve Chairman Jerome Powell Speaks
Country:
Date: Jun, 20 15:30
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 15:30
★★★
ECB President Mario Draghi Speaks
ECB President Mario Draghi Speaks
Country:
Date: Jun, 20 15:30
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 15:30
★★★
BOJ Governor Haruhiko Kuroda Speaks
BOJ Governor Haruhiko Kuroda Speaks
Country:
Date: Jun, 20 15:30
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.

Jun, 20 16:00
★★
Existing Home Sales
Existing Home Sales
Country:
Date: Jun, 20 16:00
Importance: Medium
Previous: 5.46M; -2.5% m/m
Forecast: 5.55M; 2.6% m/m
Actual: -
Period: May

Records sales of previously owned homes in the United States . This report provides a fairly accurate assessment of housing market conditions, and because of the sensitivity of the housing market to business cycle twists, it can be an important indicator of overall conditions at times when housing is particularly important to the economy.

While used home sales are not counted in GDP, they do affect the United States economy. Sellers of used homes often use capital gains from property sales on consumption that stimulate the economy. Higher levels of consumer spending may also increase inflationary pressures, even as they help grow the economy.

The existing home sales report is not as timely as other housing indicators like New Home Sales or Building Permits. By the time the Existing Home Sales are recorded, market conditions may have changed.

The headline is the total value of properties sold.

5.46M; -2.5% m/m
Jun, 20 16:30
★★
Crude Oil Inventories
Crude Oil Inventories
Country:
Date: Jun, 20 16:30
Importance: Medium
Previous: -4143K
Forecast: -2600K
Actual: -
Period: Jun

The actual inventories of crude oil, gasoline, and distillate, such as jet fuel, as reported on a weekly basis. The numbers are watched closely by the energy markets, and if the results differ greatly from the expected inventory levels, the market can react strongly. The inventory data can be skewed by holidays and seasonal factors. Weekly data can be unreliable and should be viewed as a part of longer-term trends, so a four-week moving average may be more useful.

-4143K
Jun, 21 00:45
★★★
GDP
GDP
Country:
Date: Jun, 21 00:45
Importance: High
Previous: 0.6% q/q; 2.9% y/y
Forecast: 0.5% q/q
Actual: -
Period: 1 quarter

A comprehensive measure of a New Zealand 's overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. Economic expansion, indicated by a growing GDP, raises concerns about inflationary pressure.

GDP calculates the total market value of goods and services produced in New Zealand within a given period after deducting the cost of goods and services used up in the process of production. Therefore, GDP excludes intermediate goods and services and considers final aggregates only. It is calculated as:

GDP = C + I + G + (EX - IM)

where

C = private consumption
I = private investment
G = government expenditure
EX = exports of goods and services
IM = imports of goods and services

The headline figures for GDP are the percentage growth rate from the previous quarter and the annualized percentage change in GDP. These are the preliminary figures, and are usually revised every following month.

0.6% q/q; 2.9% y/y
Jun, 21 03:30
RBA Bulletin
RBA Bulletin
Country:
Date: Jun, 21 03:30
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
It contains relevant articles, speeches, statistical tables, and provides detailed analysis of current and future economic conditions from the bank's viewpoint. Tends to have a mild impact since much of the information is released previously. Source changed release frequency from monthly to quarterly as of Mar 2010.
Jun, 21 06:30
★★
SNB Financial Stability Report
SNB Financial Stability Report
Country:
Date: Jun, 21 06:30
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
In its Financial Stability Report, the Swiss National Bank presents its assessment of the Swiss banking sector's stability. The Bank publishes this report as part of its contribution to the stability of the financial system – a task assigned to it under the new National Bank Act. In the Financial Stability Report, the National Bank focuses on trends that are observable at the levels of the banking system, the financial markets and the macroeconomic environment. The main purpose of the report for the National Bank is to draw attention to strains or imbalances which could pose a threat to system stability in the short or the longer term. The Bank thus tracks developments in the banking sector from a macroprudential perspective. This task supplements that assigned to the Swiss Financial Market Supervisory Authority (FINMA), which is responsible for supervision of the banks at the level of the individual institutions (microprudential supervision).
Jun, 21 08:00
Trade Balance
Trade Balance
Country:
Date: Jun, 21 08:00
Importance: Low
Previous: 2.29bln
Forecast: 1.89bln
Actual: -
Period: May

A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

Surpluses and Deficits
A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

Ramifications of Trade Balance on Markets
There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

2.29bln
Jun, 21 08:00
Prelim Machine Tool Orders
Prelim Machine Tool Orders
Country:
Date: Jun, 21 08:00
Importance: Low
Previous: 14.9% y/y
Forecast: -
Actual: -
Period: May

This is a report which measures the change in the total value of new orders placed with machine tool manufacturers.

14.9% y/y
Jun, 21 09:30
★★★
Libor Rate
Libor Rate
Country:
Date: Jun, 21 09:30
Importance: High
Previous: -0.75%
Forecast: -0.75%
Actual: -
Period: Jun

The Swiss franc LIBOR interest rate is the average interbank interest rate at which a large number of banks on the London money market are prepared to lend one another unsecured funds denominated in Swiss francs. The Swiss franc (CHF) LIBOR interest rate is available in 15 maturities, from overnight (on a daily basis) to 12 months. The table below shows a summary of the current rates of all CHF LIBOR interest rates. We update these interest rates daily. If you click on the links you can see extensive current and historic information for the maturity concerned.

-0.75%
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