Date
GMT+01:00
Event
Apr, 08 15:30
★★
Crude Oil Inventories
Crude Oil Inventories
Country:
Date: Apr, 08 15:30
Importance: Medium
Previous: 5451K
Forecast: -1000K
Actual: -
Period: Apr

The actual inventories of crude oil, gasoline, and distillate, such as jet fuel, as reported on a weekly basis. The numbers are watched closely by the energy markets, and if the results differ greatly from the expected inventory levels, the market can react strongly. The inventory data can be skewed by holidays and seasonal factors. Weekly data can be unreliable and should be viewed as a part of longer-term trends, so a four-week moving average may be more useful.

Apr, 08 18:01
10-y Bond Auction
10-y Bond Auction
Country:
Date: Apr, 08 18:01
Importance: Low
Previous: 4.22%; 2.4
Forecast: -
Actual: -
Period: Apr
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
Apr, 08 19:00
★★★
FOMC Meeting Minutes
FOMC Meeting Minutes
Country:
Date: Apr, 08 19:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The Federal Open Market Committee (FOMC) Meeting Minutes are a verbatim record of the committee's meeting held about two weeks earlier.

Apr, 09 00:01
RICS House Price Balance
RICS House Price Balance
Country:
Date: Apr, 09 00:01
Importance: Low
Previous: -12%
Forecast: -18%
Actual: -
Period: Mar

Gauge for costs of homes in the United Kingdom. The figure is based on surveyors' opinions on the state of the market, calculated as is the percent of surveyors reporting a rise in prices minus those reporting a fall. A rise in house prices indicates a strong housing market, which generally reflects a strong overall economy.

Apr, 09 06:00
Consumer Confidence
Consumer Confidence
Country:
Date: Apr, 09 06:00
Importance: Low
Previous: 40.0
Forecast: 38.4
Actual: -
Period: Mar

Consumer Confidence is a measure of popular sentiment concerning the Japanese economy. The figure is derived from a survey that asks thousands of Japanese consumers about personal expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Even though the Japanese economy is heavily driven by its export sector, domestic consumer confidence is an important gauge of overall economic activity and future inflationary pressures.

A headline figure above 50 shows positive consumer sentiment, while a number below 50 shows negative consumer sentiment; the greater the distance, the stronger the sentiment.

Apr, 09 07:00
Industrial Production
Industrial Production
Country:
Date: Apr, 09 07:00
Importance: Low
Previous: -0.5%; -1.2%
Forecast: 0.7%
Actual: -
Period: Feb

Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Germany. Industrial production is significant as a short-term indicator of the strength of German industrial activity. High or rising Industrial Production figures suggest increased production and economic expansion, healthy for the Euro. However, uncontrolled levels of production and consumption can spark inflation.

The report is only a preliminary estimate figure that does not move the markets much. The figure is released in headlines as a monthly percent change.

Apr, 09 07:00
Trade Balance
Trade Balance
Country:
Date: Apr, 09 07:00
Importance: Low
Previous: 21.2bln; 16.6bln
Forecast: 18.6
Actual: -
Period: Feb

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.

Apr, 09 07:00
Prelim Machine Tool Orders
Prelim Machine Tool Orders
Country:
Date: Apr, 09 07:00
Importance: Low
Previous: 24.2%
Forecast: -
Actual: -
Period: Mar

This is a report which measures the change in the total value of new orders placed with machine tool manufacturers.

Apr, 09 09:30
BoE Credit Conditions Survey
BoE Credit Conditions Survey
Country:
Date: Apr, 09 09:30
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -

As part of its mission to maintain monetary stability and financial stability, the Bank needs to understand trends and developments in credit conditions. This survey for bank and non-bank lenders is an input to this work. Lenders are asked about the past three months and the coming three months. The survey covers secured and unsecured lending to households and small businesses; and lending to non-financial corporations, and to non-bank financial firms.

Apr, 09 13:30
★★★
Unemployment Claims
Unemployment Claims
Country:
Date: Apr, 09 13:30
Importance: High
Previous: 202K
Forecast: 210K
Actual: -
Period: Apr

The indicator shows the number of unemployed people in the USA.

Apr, 09 13:30
★★
Continuing Claims
Continuing Claims
Country:
Date: Apr, 09 13:30
Importance: Medium
Previous: 1841K
Forecast: -
Actual: -
Period: Apr

Continuing claims refers to unemployed workers that qualify for benefits under unemployment insurance. In order to be included in continuing claims, the person must have been covered by unemployment insurance and be currently receiving benefits. Data on unemployment claims is published by the Department of Labor on a weekly basis, allowing for frequent updates on the levels of unemployment.

Apr, 09 13:30
★★★
GDP
GDP
Country:
Date: Apr, 09 13:30
Importance: High
Previous: 0.7%
Forecast: 0.7%
Actual: -
Period: 4 quarter

The GDP for the United States is a gauge of the overall output (goods & services) of the US economy on the continental US GDP is the most comprehensive overall measure of economic output and provides key insight into the driving forces of the economy.

GDP Influence On Markets
If the figure increases, then the economy is improving, and thus the dollar tends to strengthen. If the number falls short of expectations or meets the consensus, dollar bearishness may be triggered. This sort of reaction is again tied to interest rates, as traders expect an accelerating economy, consumers will be affected by inflation and consequently interest rates will rise. However, much like the CPI, a negative change in GDP is more difficult to trade; just because the pace of growth has slowed does not mean it has deteriorated. On the other hand, a better than expected number will usually result in the dollar rising as it implicates that a quickly expanding economy will sooner or later require higher interest rates to keep inflation in check. Overall though, the GDP has fallen in significance and its ability to move markets since most of the components of the report are known in advance

Due to the untimeliness of this report and because data on GDP components are available beforehand, the actual GDP figure is usually well anticipated. But given its overall significance GDP has the tendency to move the market upon release, acting to confirm or upset economic expectations. Robust GDP growth signals a heightened level of activity that is generally associated with a healthy economy. However economic expansion also raises concerns about inflationary pressures which may lead to monetary policy tightening.

Gross Domestic Product is calculated in the following way
GDP = C + I + G + (EX - IM)
where
C = private consumption
I = private investment
G = government expenditure
EX = exports of goods and services
IM = imports of goods and services

The figure is commonly reported in headlines as an annualized percentage, based on quarterly data.

On a technical note: The GDP can be reported in either real or nominal terms, real GDP being adjusted for inflation. GDP actually has three releases, as an Advanced, Preliminary, and Final figure. The Advanced figure is released four weeks following the quarter's end. One month later, the Preliminary GDP is released, followed by the Final GDP measure at the end of the quarter following the reporting quarter. As the most timely measure, the Advanced GDP tends to move markets the most.

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