Date
GMT+01:00
Event
May, 19 07:00
★★
Claimant Count Change
Claimant Count Change
Country:
Date: May, 19 07:00
Importance: Medium
Previous: 26.8K
Forecast: 23.1K
Actual: -
Period: Apr

The UK claimant count provides data on those individuals who are out of work and who are claiming some sort of unemployment benefit.

May, 19 07:00
★★
Claimant Count Rate
Claimant Count Rate
Country:
Date: May, 19 07:00
Importance: Medium
Previous: 4.9%
Forecast: 4.9%
Actual: -
Period: Mar

The Claimant Count is the UK's most timely measure of unemployment. The report measures the number of people who claim unemployment benefits, but actively seeking work. The Claimant Count serves as a barometer for the health of the UK labor market. Higher job growth accompanies economic expansion and could spark inflationary pressures.

The headline number is a percentage change in the figure.

May, 19 07:00
★★
Average Earnings Index
Average Earnings Index
Country:
Date: May, 19 07:00
Importance: Medium
Previous: 3.8%; 3.6%
Forecast: 3.8%; 3.4%
Actual: -
Period: Mar
It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer. Data represents the 3-month moving average compared to the same period a year earlier. A figure that excludes bonuses is also released, but not included for lack of significance. Source changed series calculation formula as of Jan 2010
May, 19 10:00
Current Account (sa)
Current Account (sa)
Country:
Date: May, 19 10:00
Importance: Low
Previous: 7.0
Forecast: 5.4
Actual: -
Period: Mar

  The Current Account summarizes the flow of goods, services, income and transfer payments into and out of the country. The report acts as a line-item record of how the domestic economy interacts with rest of the world. The Current Account is one of the three components that make up a country's Balance of Payments (Financial Account, Capital Account and Current Account), the detailed accounting of all international interactions. Where the other side of the Balance of Payments, Capital and Financial Accounts deal mainly with financial assets and investments, the Current Account gives a detailed breakdown of how the country intermingles with rest of the global economy on a non-investment basis - tracking good and services.

May, 19 13:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: May, 19 13:30
Importance: High
Previous: 0.9%; 2.4%
Forecast: 0.8%; 3.1%
Actual: -
Period: Apr

The key gauge for inflation in Canada. Simply put, inflation reflects a decline in the purchasing power of the Canadian Dollar, meaning each Dollar buys fewer goods and services. CPI is the most obvious way to measure changes in purchasing power - the report tracks changes in the price of a basket of goods and services that a typical Canadian household might purchase. An increase in the index indicates that it takes more Dollars to purchase this same set of basic consumer items.

As the most important indicator of inflation in Canada , Consumer Price figures are closely followed by Canada 's central bank. The Bank of Canada has a target inflation band of 1 - 3 % and uses CPI and Core CPI as its principle gauge (the Bank of Canada posts inflation targets and CPI on their homepage). A rising CPI may prompt the central bank to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Dollar more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Dollar.

May, 19 13:30
★★
Consumer Price Index Core
Consumer Price Index Core
Country:
Date: May, 19 13:30
Importance: Medium
Previous: 0.2%; 2.5%
Forecast: -
Actual: -
Period: Apr

CPI Excluding Core Eight

The Consumer Price Index excluding eight items which the Bank of Canada has deemed to have the most volatility from month to month. The goods omitted tend to fluctuate idiosyncratically and may distort CPI data. The headline figure for CPI is the percentage change in the index on a month to month and year to year basis.

Note : These Eight items include: fruit, vegetables, gasoline, fuel oil, natural gas, mortgage interest, inter-city transportation and tobacco products. Changes in the CPI Excluding the Core 8 are recognized as a better indicator of inflation than the regular CPI. The headline figure is reported as a percent change on both the month to month and year to year basis.

May, 19 13:30
★★
Common Core CPI
Common Core CPI
Country:
Date: May, 19 13:30
Importance: Medium
Previous: 2.6%
Forecast: 2.6%
Actual: -
Period: Apr
The Common calculation helps expose the underlying inflation trend through filtering out price movements that might be caused by factors specific to certain components. Source first released in Dec 2016. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
May, 19 13:30
★★
Trimmed Core CPI
Trimmed Core CPI
Country:
Date: May, 19 13:30
Importance: Medium
Previous: 2.2%
Forecast: 2.2%
Actual: -
Period: Apr
Change in the price of goods and services purchased by consumers, excluding 40% of components with extreme price movements. The Trimmed Mean calculation helps expose the underlying inflation trend through component weighting and anomaly exclusion. Source first released in Dec 2016. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
May, 19 13:30
★★
Median Core CPI
Median Core CPI
Country:
Date: May, 19 13:30
Importance: Medium
Previous: 2.3%
Forecast: 2.2%
Actual: -
Period: Apr
The Median calculation helps expose the underlying inflation trend through exclusion of extreme price movements specific to certain components. Source first released in Dec 2016. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
May, 19 13:30
Building Permits
Building Permits
Country:
Date: May, 19 13:30
Importance: Low
Previous: -8.4%
Forecast: 2.1%
Actual: -
Period: Mar

The number of new building projects authorized for construction. The figure is widely used as an indicator for developments in the housing market, since receiving a permit to build is the first step in the construction process. Thus growth in Building Permits reflects growth in the construction sector. Also, due to the high outlays needed for construction projects, an increase in Building Permits suggests corporate and consumer optimism. Additionally, because leading indicators for the housing market respond quickly to changes in the business cycle, the Building Permit figure can act as a leading indicator for the economy as a whole.

The headline is the seasonally adjusted percentage change in Building Permits from the previous month.

May, 19 13:30
New Housing Price Index
New Housing Price Index
Country:
Date: May, 19 13:30
Importance: Low
Previous: -0.2%
Forecast: 0.0%
Actual: -
Period: Apr

A component of the Consumer Price Index (CPI) that measures changes in prices for new homes. Higher housing prices suggest stronger consumer demand and growth in the housing market. At the same time, higher housing prices that accompany economic expansion often lead to inflationary pressures. The headline number is the percentage change in the index.

Note: The New Housing Price Index takes into account the quality and features of the new homes sold. For example, if selling prices for new homes are unchanged, but the features and quality of housing have increased (e.g. added swimming pool and better construction materials), then the price for new homes is considered to have fallen.

May, 19 15:00
★★
Pending Home Sales
Pending Home Sales
Country:
Date: May, 19 15:00
Importance: Medium
Previous: 1.5%; -1.1%
Forecast: 1.0%
Actual: -
Period: Apr

Tracks residential housing contract activity of existing single-family homes. The Pending Home Sales report is an advanced read on trends in the US housing market. Housing is typically correlated to the overall state of the economy; particularly indicative of economic turning points. A sharp drop in housing demand typically acts as a warning signal of economic slowdown as buyers are reluctant to purchase houses when interest rates are high, disposable income is low, or consumer confidence is low. Conversely, a rebound in the housing market is often a leading indicator of an economic recovery.

The report headline is expressed in percentage change in pending home sales from previous month.

May, 20 01:30
MI Leading Index
MI Leading Index
Country:
Date: May, 20 01:30
Importance: Low
Previous: -0.1%
Forecast: -
Actual: -
Period: Apr

A leading indicator for Australian economic activity calculated by Melbourne Institute.

May, 20 07:00
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: May, 20 07:00
Importance: High
Previous: 0.7%; 3.3%
Forecast: ; 3.0%
Actual: -
Period: Apr

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

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