Date
GMT+01:00
Event Previous Forecast Actual
Jun, 02 10:00
★★
Consumer Price Index Core
Consumer Price Index Core
Country:
Date: Jun, 02 10:00
Importance: Medium
Previous: 2.2%
Forecast: 2.4%
Actual: -
Period: May

CPI is the key gauge for inflation in the Eurozone. Inflation, simply put, is a decline in the purchasing power of the Euro, where each Euro buys fewer goods and services due to higher consumer prices. The index tracks changes in the price of a basket of goods and services that a typical household might purchase. When the CPI is high, it indicates that significant inflationary pressures exist in Eurozone economies. This puts pressure on the European Central Bank to raise interest rates. When CPI comes out lower than expected, the ECB is expected to lower interest rates, or keep them lower, to encourage economic growth. As a rule, the Bank adjusts rates in order to keep Europe consumer price inflation in the 0 to 2 percent range.

2.2% 2.4% -
Jun, 02 15:00
★★★
JOLTs Job Openings
JOLTs Job Openings
Country:
Date: Jun, 02 15:00
Importance: High
Previous: 6870K
Forecast: 6870K
Actual: -
Period: Apr

A survey done by the United States Bureau of Labor Statistics to help measure job vacancies. It collects data from employers including retailers, manufacturers and different offices each month. Respondents to the survey answer quantitative and qualitative questions about their businesses' employment, job openings, recruitment, hires and separations. The JOLTS data is published monthly and by region and industry.

6870K 6870K -
Jun, 02 23:45
Building Permits
Building Permits
Country:
Date: Jun, 02 23:45
Importance: Low
Previous: -1.3%
Forecast: -
Actual: -
Period: Apr

The number of new building projects authorized for construction New Zealand . Building Consents, or Building Permits, are issued when a building project has been authorized to begin construction. Since Building Consents serve as one of the earliest signals of expanded housing supply, the report is a leading indicator for the overall housing market. Also, because of the high outlays needed for construction projects Building Permits suggests optimism for corporate or consumer spending. Lastly, housing indicators are popular leading indicators due to the multiplier effect that they have on the rest of the economy. The headline is the percentage change in new consents for the month.

Note: When looking deeper into the report it is important to analyze in detail what the type of projects the consents are for, as Building Consents include residential housing as well as 'big-ticket' non-residential buildings and government projects that can create large gyrations in the report month to month.

-1.3% - -
Jun, 02 23:45
Overseas Trade Index
Overseas Trade Index
Country:
Date: Jun, 02 23:45
Importance: Low
Previous: 3.7%
Forecast: -1.2%
Actual: -
Period: 1 quarter

The Terms of Trade Index released by the Statistics New Zealand is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Any variation in the figures influences the domestic economy. If a steady demand in exchange for exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the NZD.

3.7% -1.2% -
Jun, 03 01:30
Tertiary Industry Index
Tertiary Industry Index
Country:
Date: Jun, 03 01:30
Importance: Low
Previous: 50.0
Forecast: 50.0
Actual: -
Period: May

Evaluates the monthly change in output produced by Japan's service sector. Because this report excludes manufacturing and only measures service industries catering mainly to domestic needs, the Tertiary Industry Index is a key indicator of domestic activity. The index incorporates data from firms involved in wholesale and retail trade, financial services, health care, real estate, leisure and utilities. The report excludes industrial manufacturing sectors that tend to be influenced by foreign demand. The tertiary industry index is posted monthly as a percentage change from the previous month's figure.

50.0 50.0 -