Date
GMT+01:00
Event Previous Forecast Actual
Apr, 17 13:30
Foreign Securities Purchases
Foreign Securities Purchases
Country:
Date: Apr, 17 13:30
Importance: Low
Previous: 8.88
Forecast: 10.10
Actual: -
Period: Feb

Summarizes the flow of stocks, bonds, and money market funds to and from Canada.

8.88 10.10 -
Apr, 17 19:00
Beige Book
Beige Book
Country:
Date: Apr, 17 19:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -

Report on current economic conditions in each of the 12 Federal Reserve districts covering the entire US. Regional Banks in the Federal Reserve System gather anecdotal information based on surveys of executives, economist and market participants. The Beige Book summarizes this data into a relatively short document, giving a picture of economic trends and challenges faced by different parts of the nation.

In addition to providing useful information on the economy, the report is also a window into how FOMC members may vote at the next interest rate policy meeting. Because each report is based on anecdotal information as much as statistics, it is subjective and may reflect opinions of district governors. As the only comprehensive report made available to the public, the Beige Book provides a rare opportunity for markets to better understand the Federal Reserve and its views on the economy.

- - -
Apr, 17 21:00
TICS
TICS
Country:
Date: Apr, 17 21:00
Importance: Low
Previous: 36.1
Forecast: 40.2
Actual: -
Period: Feb

Measures Capital Flow into U.S. Denominated Assets. Summarizes the flow of stocks, bonds and money market funds to and from the United States. The headline figure is the difference in value between American purchases of foreign securities and foreign purchases of American securities, expressed in millions of dollars. The Treasury International Capital or TIC statement is a major component of the American capital account and gives valuable insight into foreign demand for American investments and dollar.

A positive figure indicates that more capital is entering the US than leaving as sales of American securities to foreigners exceed American purchases of foreign securities. Such positive figures suggest that American security markets are competitive with those of other countries. Foreign security purchases are especially important in the case of a trade deficit, as a positive figure can offset the depreciating effect of a trade shortfall. On the contrary, a negative or declining TICS figure reflects a declining capital flow picture. Outflows are indicative of weaker demand for US assets which puts downward pressure on the value of the dollar.

A key feature of the TIC data is its measurement of the types of investors the dollar has; governments and private investors. Usually, a strong government holding of dollar denominated assets signals growing dollar optimism as it shows that governments are confident in the stability of the US dollar. Most importantly seems to be the purchases of Asian central banks such as that of Japan and China. Waning demand by these two behemoth US Treasury holders could be bearish for the US dollar. As for absolute amount of foreign purchases, the market generally likes to see purchases be much stronger than the funding needs of that same month's trade deficit. If it is not, it signals that there is not enough dollars coming in to match dollar going out of the country.

36.1 40.2 -
Apr, 18 02:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Apr, 18 02:30
Importance: High
Previous: 3.7%
Forecast: 3.9%
Actual: -
Period: Mar

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

3.7% 3.9% -
Apr, 18 02:30
★★★
Employment Change
Employment Change
Country:
Date: Apr, 18 02:30
Importance: High
Previous: 116.5K
Forecast: 7.2K
Actual: -
Period: Mar

Tracks the number of the employed in Australia . The figure appears in the monthly Labour Force Survey conducted by the Australian Bureau of Statistics. A surge in new employment suggests higher spending potential and budding inflation pressures, which the RBA often counters with rate increases.

The headline figure is the annualized percentage change in employed workers.

116.5K 7.2K -