Date
GMT+00:00
Event Previous Forecast Actual
Feb, 20 07:00
ECB’s Peter Praet Speaks
ECB’s Peter Praet Speaks
Country:
Date: Feb, 20 07:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Executive board member and chief economist of the European Central Bank. Within the board, Praet is widely considered to be centrist on monetary policy, perhaps even slightly “dovish”, meaning he is more likely to take growth prospects into account in the conduct of monetary policy than strict inflation “hawks” do.
- - -
Feb, 20 07:00
PPI
PPI
Country:
Date: Feb, 20 07:00
Importance: Low
Previous: -0.4% m/m; 2.7% y/y
Forecast: -0.2% m/m; 2.2% y/y
Actual: -
Period: Jan

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.

-0.4% m/m; 2.7% y/y -0.2% m/m; 2.2% y/y -
Feb, 20 11:00
CBI industrial order books balance
CBI industrial order books balance
Country:
Date: Feb, 20 11:00
Importance: Low
Previous: -1
Forecast: -5
Actual: -
Period: Feb

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

-1 -5 -
Feb, 20 15:00
Consumer Confidence
Consumer Confidence
Country:
Date: Feb, 20 15:00
Importance: Low
Previous: -7.9
Forecast: -7.7
Actual: -
Period: Feb

Consumer confidence is a measure of popular sentiment concerning the Eurozone economy. The figure is derived from a survey that asks thousands of consumers about personal expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Even though t he Italian economy is heavily driven by its export sector, domestic consumer confidence is an important gauge of overall economic activity and future inflationary pressures.

A headline figure above 50 shows positive consumer sentiment, while a number below 50 shows negative consumer sentiment; the greater the distance, the stronger the sentiment.

-7.9 -7.7 -
Feb, 20 15:30
Leading Index (Conference Board)
Leading Index (Conference Board)
Country:
Date: Feb, 20 15:30
Importance: Low
Previous: 106.1; -0.1%
Forecast: -
Actual: -
Period: Dec

The Index includes account inventory ratios, machinery orders, stock prices and other leading economic indicators. As the aggregate of many leading indices the Leading Economic Index provides a forecast of the future state of the domestic economy and is thought to predict activity that will occur 6-9 months after the reporting period.

The index operates on a 1-100 scale, where a value lower than 50 means that most indictors are negative and a value higher than 50 means most indicators are positive. In both cases a greater distance from the midpoint (50) means that the indicators are more strongly positive or negative.

106.1; -0.1% - -