• Date
    GMT+00:00
    Event Previous Forecast Actual
    Feb, 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: Feb, 23 13:30
    Importance: High
    Previous: -0.4% m/m; 1.9% y/y
    Forecast: 0.5% m/m; 1.5% y/y
    Actual: -
    Period: Jan
    -0.4% m/m; 1.9% y/y 0.5% m/m; 1.5% y/y -
    Feb, 22 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: Feb, 22 23:30
    Importance: High
    Previous: 1.0% y/y
    Forecast: 1.3% y/y
    Actual: -
    Period: Jan
    1.0% y/y 1.3% y/y -
    Feb, 22 21:45
    ★★★
    Retail Sales
    Retail Sales
    Country:
    Change in the total value of inflation-adjusted sales at the retail level. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
    Date: Feb, 22 21:45
    Importance: High
    Previous: 0.2% q/q; 0.5% q/q
    Forecast: 1.4% q/q; 0.7% q/q
    Actual: -
    Period: 4 quarter
    0.2% q/q; 0.5% q/q 1.4% q/q; 0.7% q/q -
    Feb, 21 19:00
    ★★★
    FOMC Meeting Minutes
    FOMC Meeting Minutes
    Country:

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

    Date: Feb, 21 19:00
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: Jan
    - - -
    Feb, 21 14:15
    ★★★
    Inflation Report Hearings
    Inflation Report Hearings
    Country:

    The Governor and other members of the Monetary Policy Committee give evidence on a regular basis before the Treasury Committee.

    Date: Feb, 21 14:15
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Feb, 21 14:15
    ★★★
    BOE Governor Mark Carney Speaks
    BOE Governor Mark Carney Speaks
    Country:

    Mark Joseph Carney is the current Governor of the Bank of England and the Chairman of the G20's Financial Stability Board. He was also the eighth Governor of the Bank of Canada. Carney achieved these positions by working his way up the ranks of Goldman Sachs, the Canadian Department of Finance, and the Bank of Canada as Deputy Governor.

    Date: Feb, 21 14:15
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Feb, 21 09:30
    ★★★
    Claimant Count Change
    Claimant Count Change
    Country:

    The UK claimant count provides data on those individuals who are out of work and who are claiming some sort of unemployment benefit.

    Date: Feb, 21 09:30
    Importance: High
    Previous: 8.6K
    Forecast: 2.3K
    Actual: -
    Period: Jan
    8.6K 2.3K -
    Feb, 20 00:30
    ★★★
    Monetary Policy Meeting Minutes
    Monetary Policy Meeting Minutes
    Country:
    The minutes of the Reserve Bank of Australia meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. Generally speaking, if the RBA is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the AUD.
    Date: Feb, 20 00:30
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
Powered by InstaForex