• Date
    GMT+00:00
    Event Previous Forecast Actual
    Nov, 23 13:30
    ★★★
    Consumer Price Index
    Consumer Price Index
    Country:

    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.

    Date: Nov, 23 13:30
    Importance: High
    Previous: -0.4% m/m; 2.2% y/y
    Forecast: -
    Actual: -
    Period: Oct
    -0.4% m/m; 2.2% y/y - -
    Nov, 22 12:30
    ★★★
    ECB Monetary Policy Meeting Accounts
    ECB Monetary Policy Meeting Accounts
    Country:
    The report is published 4 weeks after the ECB Monetary Policy Meeting takes place (8 times a year). It contains the texts of the ECB Governing Council members’ speeches on detailed assessments of economic conditions that influence the interest rates decision.
    Date: Nov, 22 12:30
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: Oct
    - - -
    Nov, 21 23:30
    ★★★
    National CPI
    National CPI
    Country:

    National Consumer Price Index (CPI) is the key gauge for inflation in Japan. Simply put, inflation reflects a decline in the purchasing power of the Yen, where each Yen 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 Japanese household might purchase. An increase in the index indicates that it takes more Yen to purchase this same set of basic consumer items.

    Markets will typically pay more attention to "CPI excluding Fresh Food," because it excludes volatile food prices that can distort overall CPI. The headline figure for CPI is the percentage change in the index on a month to month or year to year basis.

    As the most important indicator of inflation, CPI figures are closely followed by the Bank of Japan. Rising Consumer Prices may prompt the BoJ to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Yen more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Yen.

    Date: Nov, 21 23:30
    Importance: High
    Previous: 1.2%
    Forecast: -
    Actual: -
    Period: Oct
    1.2% - -
    Nov, 21 13:30
    ★★★
    Durable Goods Orders
    Durable Goods Orders
    Country:

    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.

    Date: Nov, 21 13:30
    Importance: High
    Previous: 0.8% m/m; 0.1% m/m
    Forecast: -
    Actual: -
    Period: Oct
    0.8% m/m; 0.1% m/m - -
    Nov, 20 00:30
    ★★★
    Monetary Policy Meeting Minutes
    Monetary Policy Meeting Minutes
    Country:
    It's a detailed record of the RBA Reserve Bank Board's most recent meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates.
    Date: Nov, 20 00:30
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Nov, 16 08:30
    ★★★
    ECB President Mario Draghi Speaks
    ECB President Mario Draghi Speaks
    Country:

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

    Date: Nov, 16 08:30
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Nov, 15 16:30
    ★★★
    Federal Reserve Chairman Jerome Powell Speaks
    Federal Reserve Chairman Jerome Powell Speaks
    Country:
    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.
    Date: Nov, 15 16:30
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Nov, 15 13:30
    ★★★
    Retail Sales
    Retail Sales
    Country:

    An aggregated measure of the sales of retail goods over a stated time period, typically based on a data sampling that is extrapolated to model an entire country. In the U.S., the retail sales report is a monthly economic indicator compiled and released by the Census Bureau and the Department of Commerce. The report covers the previous month, and is released about two weeks after the month-end. Comparisons are made against historical data; year-over-year comparisons are the most-reported metric because they account for the seasonality of consumer-based retail.

    Date: Nov, 15 13:30
    Importance: High
    Previous: -0.1% m/m; -0.1% m/m
    Forecast: 0.6% m/m; 0.5% m/m
    Actual: 0.8% m/m; 0.7% m/m
    Period: Oct
    -0.1% m/m; -0.1% m/m 0.6% m/m; 0.5% m/m 0.8% m/m; 0.7% m/m
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