Date
GMT+00:00
Event Previous Forecast Actual
Feb, 27 00:01
GfK Consumer Confidence Survey
GfK Consumer Confidence Survey
Country:
Date: Feb, 27 00:01
Importance: Low
Previous: -16
Forecast: -15
Actual: -
Period: Feb

Consumer Confidence measures the level of confidence households have in economic performance. Generally rising consumer confidence acts as a precursor to higher consumer expenditures which drive economic expansion. The report also breaks down results into parts of the economy, giving a detailed picture of the consumer climate in Great Britain. GfK Consumer Confidence is one of the most closely watched surveys. The survey results are quantified into index where 0 represents long term Consumer Confidence averages. The headline figure is expressed in percentage change. On a global basis, the indicator is very important for the economy, as it reflects consumers sentiments which formed the major portion of Great Britain GDP. The survey is conducted monthly by GfK, a market research organization, on behalf of the EU commission.

-16 -15 -
Feb, 27 00:30
Private Sector Credit
Private Sector Credit
Country:
Date: Feb, 27 00:30
Importance: Low
Previous: 0.8%; 7.7%
Forecast: 0.7%
Actual: -
Period: Jan
Private Sector Credit released by the Reserve Bank of Australia is an amount of money that the Australian private sector borrows.
0.8%; 7.7% 0.7% -
Feb, 27 05:00
Housing Starts
Housing Starts
Country:
Date: Feb, 27 05:00
Importance: Low
Previous: 0.771M; -1.3%
Forecast: ; -2.0%
Actual: -
Period: Jan

The Housing Starts figure reflects the rate of growth in housing construction. The number of housing starts is an indicator of the strength of Japan 's construction sector and a leading indicator for the direction of the economy as a whole. Housing Starts respond quickly to changes in the business cycle, promptly slowing at the onset of a recession and growing at the beginning of an economic boom. A high Housing Starts figure is generally bullish for the economy, as it indicates overall economic growth.

The headline figures are the year on year percentage change in value of housing starts, and the value of all houses started for construction that year.

0.771M; -1.3% ; -2.0% -
Feb, 27 07:00
Import Price Index
Import Price Index
Country:
Date: Feb, 27 07:00
Importance: Low
Previous: -0.1%; -2.3%
Forecast: 0.6%
Actual: -
Period: Jan

This index measures changes in the prices of imports into a country per month.

-0.1%; -2.3% 0.6% -
Feb, 27 07:45
GDP
GDP
Country:
Date: Feb, 27 07:45
Importance: Low
Previous: 0.2%; 1.1%
Forecast: 0.2%
Actual: -
Period: 4 quarter

The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets.

Robust GDP growth signals a heightened level of economic activity and often a higher demand for the domestic currency. At the same time, economic expansion raises concerns about inflationary pressures which may lead monetary authorities to increase interest rates. Thus better than expected GDP figures are generally bullish for the Euro, while negative readings are generally bearish.

Technically, Gross Domestic Product is calculated in the following way:

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.

French GDP figures, officially called Quarterly National Accounts, are released quarterly. The headline figures are annualized percentage changes in real and nominal GDP.

0.2%; 1.1% 0.2% -