Date
GMT+00:00
Event
Feb, 01 19:00
★★★
FOMC Rate Decision
FOMC Rate Decision
Country:
Date: Feb, 01 19:00
Importance: High
Previous: 4.50%
Forecast: 4.75%
Actual: -
Period: Feb
The main interest rates settled by the FOMC are responsible for driving inflation in accordance with the monetary policy adopted by the FED. One of the rates in mind is the overnight borrowing rate and the Federal Reserve’s Cash Rate Target (FRCRT). The latter affects interest rates for consumer loans, mortgages, bonds or others. The actual changes to the interest rates have a direct impact on the US dollar. However, the market expectation, in respect to future monetary policy, plays a part that is even more significant for the market. In such circumstances, any indirect information that provides hints to future FED monetary policy, and thus influences the market expectations in respect to the interest rates, may have a significant impact on the US currency. Typically, an increase of the interest rates, or expectations of such an increase, provide fundamental support to the US dollar. The lower interest rates may have a negative impact on the US currency.
Feb, 01 19:00
★★★
FOMC Statement
FOMC Statement
Country:
Date: Feb, 01 19:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The FOMC usually changes the statement slightly at each release. It's these changes that traders focus on. It's the primary tool the FOMC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes.

Feb, 01 19:30
★★★
FOMC Press Conference
FOMC Press Conference
Country:
Date: Feb, 01 19:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The press conference is about an hour long and has 2 parts - first a prepared statement is read, then the conference is open to press questions. The questions often lead to unscripted answers that create heavy market volatility. The FOMC conference is among the primary methods the Fed uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, along with commentary about economic conditions such as the future growth outlook and inflation. Most importantly, it provides clues regarding future monetary policy.

Feb, 01 21:45
Building Permits
Building Permits
Country:
Date: Feb, 01 21:45
Importance: Low
Previous: 7.0%
Forecast: -
Actual: -
Period: Dec

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.

Feb, 01 23:50
Monetary Base
Monetary Base
Country:
Date: Feb, 01 23:50
Importance: Low
Previous: -6.1%
Forecast: -3.2%
Actual: -
Period: Jan

The monetary base is the volume of money in the economy. It consists of the currency (banknotes and coins) in circulation and the commercial banks reserves in the Central Bank.

Feb, 02 00:30
Building Approvals
Building Approvals
Country:
Date: Feb, 02 00:30
Importance: Low
Previous: -9.0%; -15.1%
Forecast: 1.1%; -8.6%
Actual: -
Period: Dec

The number of domestic building permits granted for the month. Strong growth in new approvals and permits indicates a growing housing market. Because real estate generally leads economic developments - housing tends to thrive at the start of booms and wane at the onset of recession. The figure can be used with others to forecast future growth in the economy as a whole. For this reason Business Approvals is one of eight components used to construct the Conference Board Leading Index, a widely used index to forecast Australia's economic course. A strong housing market also tends to lead consumer spending. The headline number is the seasonally adjusted percentage change in new building approvals from the previous month.

Feb, 02 00:30
NAB Business Confidence
NAB Business Confidence
Country:
Date: Feb, 02 00:30
Importance: Low
Previous: 9
Forecast: -
Actual: -
Period: 4 quarter

A survey of the current state of the business sector in Australia . Based on a survey of hundreds of small and large sized companies, the National Australia Bank delivers monthly comprehensive quarterly reports.

This comprehensive survey primarily provides insight into the state of the Australian economy and puts forth leading indicators that signal its future direction. Thus the survey's findings, if unexpected, have the power to move markets directly.

The National Australia Bank releases both a monthly and quarterly report. The quarterly report is more comprehensive, surveying around 1000 small to large non-farm firms. The quarterly report provides greater detail on the data as well as a short to mid-term outlook of Australia . Because of seasonal volatility and government protections the survey only excludes the farm sector.

Feb, 02 03:35
10-Year JGB Auction
10-Year JGB Auction
Country:
Date: Feb, 02 03:35
Importance: Low
Previous: 0.500%; 4.76
Forecast: -
Actual: -
Period: Feb
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Feb, 02 07:00
Trade Balance
Trade Balance
Country:
Date: Feb, 02 07:00
Importance: Low
Previous: 10.7bln; 11.1bln
Forecast: 8.8bln; 5.1bln
Actual: -
Period: Dec

The difference between the value of exports and imports in Germany. Trade Balance is one of the biggest components of Germany 's Balance of Payment. As Germany is Europe's largest economy and given Germany's export oriented economy, trade data can give critical insight into pressures on the value of the Euro.

In order to gauge the effect of German Trade Balance on the Euro, German trade is separated into intra-Eurozone trades and extra-Eurozone trades. Intra-trades between Germany and Eurozone countries have no affect on the overall valuation of Euro. Extra-trades between Germany and other countries outside of Eurozone do impact the overall Eurozone trade balance. Given Germany's large share of Eurozone exports, the figure tends to move the market upon release.

Trade surpluses reflect funds coming into Germany in exchange for goods and services. Such currency inflows may lead to a natural appreciation of a Euro, unless countered by similar capital outflows. At a bare minimum, surpluses will boost up the value of the currency.

The headline figure for trade balance is expressed in billions of Euros.

Feb, 02 07:45
Gov Budget Balance
Gov Budget Balance
Country:
Date: Feb, 02 07:45
Importance: Low
Previous: -159.3
Forecast: -
Actual: -
Period: Dec

The Budget Balance released by MINEFA is the difference between income and expenditure at the end of the budget's period . If the amount is positive then the balance shows a surplus, to the contrary, if it is negative, the balance is in deficit, therefore unveiling borrowing needs. Generally, a surplus is seen as positive (or bullish) for the Euro and a deficit is seen as negative (or bearish).

Feb, 02 08:00
SECO Consumer Confidence
SECO Consumer Confidence
Country:
Date: Feb, 02 08:00
Importance: Low
Previous: -46.6
Forecast: -38.0
Actual: -
Period: 1 quarter

SECO Consumer Climate compiles a survey of consumer attitudes on present economic conditions and expectations of future conditions. In the months of January, April, July and October, about 1100 households are surveyed on behalf of SECO regarding their subjective evaluation of the economic situation, budget situation, inflation, job security etc.

The pattern in consumer attitudes and spending is often a major influence on stock and bond markets. For stocks, strong economic growth translates to healthy corporate profits and higher stock prices. For bonds, the focus is whether economic growth goes overboard and leads to inflation. Ideally, the economy walks that fine line between strong growth and excessive (inflationary) growth. Consumer spending accounts for a major portion of the Swiss economy, so investors want to know what consumers are up to and how they might behave in the near future. The more confident consumers are about the economy and their own personal finances, the more likely they are to spend.

Feb, 02 08:00
Unemployment Change
Unemployment Change
Country:
Date: Feb, 02 08:00
Importance: Low
Previous: -43.7K
Forecast: -15.2K
Actual: -
Period: Jan

The indicator shows the number of unemployed people in Spain.

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