Date
GMT+01:00
Event
Oct, 20 13:30
Industrial Product Price Index
Industrial Product Price Index
Country:
Date: Oct, 20 13:30
Importance: Low
Previous: 0.5%
Forecast: -
Actual: -
Period: Sep

Industrial Product Price Index released by the Statistics Canada measures price changes for major commodities sold by Canadian manufactures. Changes in the IPP index are widely followed as an indicator of commodity inflation.

Oct, 20 13:30
Raw Materials Price Index
Raw Materials Price Index
Country:
Date: Oct, 20 13:30
Importance: Low
Previous: -0.6%
Forecast: -
Actual: -
Period: Sep

Measures the prices paid by Canadian manufacturers for key raw materials, including resources not produced in Canada. Also known as the Producer Price Index, the RMPI is an early measure of inflation. Although producers may not pass on changes in raw material prices to consumers immediately, the index will record these cost pressures before they reach the end consumer and affect inflation rates. The headline figure is the percentage change in the price index from the previous month and year.

The index includes prices for raw materials like mineral fuels, vegetable products, animal and animal products, wood, ferrous materials, non-ferrous metals, and non-metallic minerals.
 

Oct, 20 15:00
Leading Index
Leading Index
Country:
Date: Oct, 20 15:00
Importance: Low
Previous: 98.4; -0.5%
Forecast: ; 0.1%
Actual: -
Period: Sep

The Index includes account inventory ratios, machinery orders, stock prices and other leading economic indicators. As the aggregate of many leading indices the Leading Economic Index provides a forecast of the future state of the domestic economy and is thought to predict activity that will occur 6-9 months after the reporting period.

The index operates on a 1-100 scale, where a value lower than 50 means that most indictors are negative and a value higher than 50 means most indicators are positive. In both cases a greater distance from the midpoint (50) means that the indicators are more strongly positive or negative.

Oct, 20 22:45
★★
Trade Balance
Trade Balance
Country:
Date: Oct, 20 22:45
Importance: Medium
Previous: -1185M; -2986M
Forecast: -
Actual: -
Period: Sep

A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

Surpluses and Deficits
A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

Ramifications of Trade Balance on Markets
There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

Oct, 21 03:00
Credit Card Spending
Credit Card Spending
Country:
Date: Oct, 21 03:00
Importance: Low
Previous: 2.2%; 3.5%
Forecast: -
Actual: -
Period: Sep

Shows a change in the total expenditure made via credit cards.

Oct, 21 06:00
BOJ Core CPI
BOJ Core CPI
Country:
Date: Oct, 21 06:00
Importance: Low
Previous: 2.0%
Forecast: -
Actual: -
Period: Oct
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.
Oct, 21 07:00
Public Sector Net Borrowing
Public Sector Net Borrowing
Country:
Date: Oct, 21 07:00
Importance: Low
Previous: 17.7
Forecast: 20.5
Actual: -
Period: Sep
In the U.K., the amount of expenditures less the total receipts taken in by the government. Public sector net borrowing is the measure of fiscal surpluses and deficits along with the amount of new debt created. If this number is positive, it means the U.K. is running a fiscal deficit, while a negative number represents a fiscal surplus.
Oct, 21 07:00
Trade Balance
Trade Balance
Country:
Date: Oct, 21 07:00
Importance: Low
Previous: 4.01
Forecast: 5.22
Actual: -
Period: Sep

A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

Surpluses and Deficits
A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

Ramifications of Trade Balance on Markets
There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

Oct, 21 13:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Oct, 21 13:30
Importance: High
Previous: -0.1%; 1.9%
Forecast: -0.1%
Actual: -
Period: Sep

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.

Oct, 21 13:30
★★
Consumer Price Index Core
Consumer Price Index Core
Country:
Date: Oct, 21 13:30
Importance: Medium
Previous: 0.0%; 2.6%
Forecast: -
Actual: -
Period: Sep

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.

Oct, 21 13:30
★★
Common Core CPI
Common Core CPI
Country:
Date: Oct, 21 13:30
Importance: Medium
Previous: 2.5%
Forecast: 2.6%
Actual: -
Period: Sep
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.
Oct, 21 13:30
★★
Trimmed Core CPI
Trimmed Core CPI
Country:
Date: Oct, 21 13:30
Importance: Medium
Previous: 3.0%
Forecast: 3.0%
Actual: -
Period: Sep
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.
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