Date
GMT+01:00
Event
Sep, 26 09:00
★★
Ifo Business Climate Index
Ifo Business Climate Index
Country:
Date: Sep, 26 09:00
Importance: Medium
Previous: 88.5
Forecast: 86.9
Actual: -
Period: Sep

The Ifo Business Climate Index is a closely followed leading indicator for economic activity in Germany prepared by the Ifo Institute for Economic Research in Munich. It is based on ca. 7,000 monthly survey responses of firms in manufacturing, construction, wholesaling and retailing. The firms are asked to give their assessments of the current business situation and their expectations for the next six months. They can characterise their situation as "good", "satisfactorily" or "poor" and their business expectations for the next six months as "more favourable", "unchanged" or "more unfavourable". The replies are weighted according to the importance of the industry and aggregated. The balance value of the current business situation is the difference of the percentages of the responses "good" and "poor", the balance value of the expectations is the difference of the percentages of the responses "more favourable" and "more unfavourable". The business climate is a mean of the balances of the business situation and the expectations.

Sep, 26 09:00
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Ifo Current Assessment
Ifo Current Assessment
Country:
Date: Sep, 26 09:00
Importance: Medium
Previous: 97.5
Forecast: 96.0
Actual: -
Period: Sep

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP.

Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Current Assessment
Measures current German business conditions, without considering future expectations.

Sep, 26 09:00
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IFO - Expectations
IFO - Expectations
Country:
Date: Sep, 26 09:00
Importance: Medium
Previous: 80.3
Forecast: 79.0
Actual: -
Period: Sep

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP. Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Expectations
Based on firms' expectations for the next six months, where firms rate the future outlook as better, same, or worse.

Sep, 26 14:00
NBB Business Climate
NBB Business Climate
Country:
Date: Sep, 26 14:00
Importance: Low
Previous: -5.8
Forecast: -8.9
Actual: -
Period: Sep

Assesses overall business environment in a country.

Sep, 26 17:00
FOMC Member Raphael W. Bostic Speaks
FOMC Member Raphael W. Bostic Speaks
Country:
Date: Sep, 26 17:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Bank of Atlanta President Raphael Bostic - FOMC voting member 2018. Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy. More hawkish than expected is good for currency.
Sep, 26 17:00
★★
MPC Member Silvana Tenreyro Speaks
MPC Member Silvana Tenreyro Speaks
Country:
Date: Sep, 26 17:00
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
BOE MPC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.
Sep, 26 21:00
★★
FOMC Member Loretta Mester Speaks
FOMC Member Loretta Mester Speaks
Country:
Date: Sep, 26 21:00
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
Sep, 27 00:50
Corporate Service Price Index
Corporate Service Price Index
Country:
Date: Sep, 27 00:50
Importance: Low
Previous: 2.1%
Forecast: 2.4%
Actual: -
Period: Aug

Change in the price of services purchased by corporations. It's a leading indicator of consumer inflation - when corporations pay more for services the higher costs are usually passed on to the consumer.

Sep, 27 09:00
M3 Money Supply
M3 Money Supply
Country:
Date: Sep, 27 09:00
Importance: Low
Previous: 5.5%
Forecast: 5.4%
Actual: -
Period: Aug

The broadest measure of money supply in use by Eurozone nations. It includes all currency in circulation, bank deposits, repurchase agreements, debt securities up to 2 years, and the value of money market shares. A larger money supply reduces the purchasing power of the Euro and puts downward pressure on the exchange rate. However, because an increase in M3 leads to price inflation, this figure can also be indicative of the likelihood of future interest rate hikes. The Eurozone M3 is reported in headlines as a percent change from the previous month or as a Three Month Average, which smoothes monthly volatility in the money supply.

Sep, 27 09:00
Private Sector Credit
Private Sector Credit
Country:
Date: Sep, 27 09:00
Importance: Low
Previous: 4.5%
Forecast: 4.5%
Actual: -
Period: Aug

Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment.

Sep, 27 11:15
FOMC Member Charles Evans Speaks
FOMC Member Charles Evans Speaks
Country:
Date: Sep, 27 11:15
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -

Charles L. Evans is the ninth President and chief executive officer of the Federal Reserve Bank of Chicago. In that capacity, he serves on the Federal Open Market Committee (FOMC), the Federal Reserve System's monetary policy-making body.

Sep, 27 13:30
★★
Durable Goods Orders
Durable Goods Orders
Country:
Date: Sep, 27 13:30
Importance: Medium
Previous: 0.0%; 0.3%
Forecast: 0.1%; 0.3%
Actual: -
Period: Aug

The value of orders placed for relatively long-lasting goods. Durable Goods are expected to last more than three years. Such products often require large investments and usually reflect optimism on the part of the buyer that their expenditure will be worthwhile.

Because orders for goods have large sway over the actual production, this figure serves as an excellent forecast of US output to come. Durable Goods are typically sensitive to economic changes. When consumers become sceptical about economic conditions, sales of durable goods are one of the first to be impacted since consumers can delay purchases of durable items, like cars and televisions, only spending money on necessities in times of economic hardship. Conversely, when consumer confidence is restored, orders for durable goods rebound quickly.

Sep, 27 14:00
House Price Index
House Price Index
Country:
Date: Sep, 27 14:00
Importance: Low
Previous: 0.1%
Forecast: 0.0%
Actual: -
Period: Jul

A resumptive index of house prices reflecting prices for new constructions and resale real estate markets. As all indices connected with the construction industry it can be seasonally adjusted.

Sep, 27 14:55
★★
FOMC Member James Bullard Speaks
FOMC Member James Bullard Speaks
Country:
Date: Sep, 27 14:55
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
James Bullard is the chief executive officer and 12th president of the Federal Reserve Bank of St. Louis, positions he has held since 2008. He is currently serving a term that began on March 1, 2011. In 2014, he was named the 7th most influential economist in the world.
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