Date
GMT+01:00
Event Previous Forecast Actual
Jun, 03 19:00
Beige Book
Beige Book
Country:
Date: Jun, 03 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.

- - -
Jun, 04 02:00
ANZ Commodity Prices
ANZ Commodity Prices
Country:
Date: Jun, 04 02:00
Importance: Low
Previous: -0.8%
Forecast: -
Actual: -
Period: May

The Australia and New Zealand Banking Group Limited (ANZ)Commodity Prices Indicator, also called the Commoditiy Price Index, measures the change in the price of exported commodities. Since Australia and New Zealand depend heavily upon commodity exports, this figure acts as a primary gauge of the two nations' GDP and economic strength.

-0.8% - -
Jun, 04 02:30
Goods Trade Balance
Goods Trade Balance
Country:
Date: Jun, 04 02:30
Importance: Low
Previous: -1.84
Forecast: -1.61
Actual: -
Period: Apr
Since July 2015, the US Bureau of Economic Analysis has started publishing preliminary estimate of goods trade balance. This release will be 4-7 earlier than trade balance data. Growth in the reading favors the US dollar.
-1.84 -1.61 -
Jun, 04 07:30
★★
CPI
CPI
Country:
Date: Jun, 04 07:30
Importance: Medium
Previous: 0.3%; 0.6%
Forecast: 0.3%
Actual: -
Period: May

It is the key gauge for inflation in Switzerland. Simply put, inflation reflects a decline in the purchasing power of the Franc, where each Franc buys fewer goods and services. The CPI calculates the change in the price of a predetermined basket of consumer goods and services. This basket represents the goods and services that an average household will purchase. The figure is compared to those of the previous month as well as the previous year in order to gauge changes to the costs of living on a month to month and year to year basis. The headline number is the percentage change either from the previous month's value or the previous year's value.

As the key indicator of inflation, a rising CPI may prompt the Swiss National Bank to raise interest rates in attempt to manage inflation and slow economic growth. Higher interest rates make holding the Franc more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Franc.

0.3%; 0.6% 0.3% -
Jun, 04 08:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jun, 04 08:00
Importance: Low
Previous: 3.0%; 3.0%
Forecast: 3.0%
Actual: -
Period: May

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.

High unemployment translates into lower average wages and reduced consumer spending. As consumer spending is the majority of total expenditure, rising unemployment often leads to slow economic growth. In addition, high or rising unemployment puts downward pressure on interest rates and leads to a depreciating Franc.

3.0%; 3.0% 3.0% -