Date
GMT+01:00
Event
Sep, 27 09:00
M3 Money Supply
M3 Money Supply
Country:
Date: Sep, 27 09:00
Importance: Low
Previous: 7.6%
Forecast: -
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: 4.2%
Forecast: -
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 13:30
★★
Durable Goods Orders
Durable Goods Orders
Country:
Date: Sep, 27 13:30
Importance: Medium
Previous: -0.1% m/m; 0.7% m/m
Forecast: -
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, 28 00:50
Monetary Policy Meeting Minutes
Monetary Policy Meeting Minutes
Country:
Date: Sep, 28 00:50
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: Jul
The Bank of Japan publishes the summary from its monthly monetary policy meetings some time after the actual meeting. These meetings are held to review economic developments inside and outside of Japan and decide the central bank’s monetary policy. The minutes usually come out late, at least a month after the meeting, but give detailed insight into the Bank of Japan’s monetary policy decision making process.
Sep, 28 02:30
★★
Retail Sales
Retail Sales
Country:
Date: Sep, 28 02:30
Importance: Medium
Previous: -2.7%
Forecast: -
Actual: -
Period: Aug

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures.

The headline figure is expressed as the percentage change from the same month last year.

Sep, 28 10:30
30-y Bond Auction
30-y Bond Auction
Country:
Date: Sep, 28 10:30
Importance: Low
Previous: 0.972%; 2.41
Forecast: -
Actual: -
Period: Sep
Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence.
Sep, 28 14:00
House Price Index
House Price Index
Country:
Date: Sep, 28 14:00
Importance: Low
Previous: 1.6%
Forecast: -
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, 28 14:00
Case-Shiller 20 City
Case-Shiller 20 City
Country:
Date: Sep, 28 14:00
Importance: Low
Previous: 19.1%
Forecast: -
Actual: -
Period: Jul
The S&P Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions.
Sep, 28 15:00
★★★
Consumer Confidence
Consumer Confidence
Country:
Date: Sep, 28 15:00
Importance: High
Previous: 113.8
Forecast: -
Actual: -
Period: Sep

Assessment of consumer sentiment regarding business conditions, employment and personal income. Based on a representative sample of thousands of mail-in surveys, the Conference Board index has the largest pooling sample of any US measure of consumer confidence. Consumer Confidence levels are generally linked with consumer spending. For instance, when consumer confidence is on the rise consumer spending tends to increase. Low or falling consumer confidence on the other hand is typically associated with decreased spending and consumer demand.

Some analysts criticize the Consumer Confidence figure for its volatile tendencies and weak connection to household expenditure, turning instead to the University of Michigan Consumer Confidence numbers. The volatility of the Consumer Confidence figure is attributed to two factors: its pooling size and the survey time frame focus. The Conference Board surveys an entirely new group of people each month, resulting in more erratic month to month figures. Additionally, the survey queries respondents on expectations for the following six months, a relatively short term evaluation. Conversely, the University of Michigan survey will re-poll many individuals and focuses on expectations for the next one to five years. The long term focus has a stabilizing effect on consumer confidence.

Survey results are printed in the headlines where 100 reflects a recent base year.

Sep, 28 15:00
Richmond Fed Manufacturing Index
Richmond Fed Manufacturing Index
Country:
Date: Sep, 28 15:00
Importance: Low
Previous: 9
Forecast: -
Actual: -
Period: Sep

Assesses regional manufacturing conditions for the Richmond Fed District. Based on mail-in surveys from a representative sample of manufacturing plants, the Richmond Fed Index seeks to track industrial performance. The report puts particular emphasis on inflationary pressures.

Though the Richmond Fed Manufacturing Survey is valued for its quick turnaround, it is still released after the ISM survey. As a result, the figure is often used to affirm or question the ISM report, and has little impact on markets. The Richmond Fed Manufacturing Survey also asks manufacturing executives to stress price expectations. Some markets participants use this data as an early gauge to CPI and PPI reports released a few days later.

The headline figure is a three-month average, calculated by finding the percentage difference between positive and negative responses for the last three months, using a zero boom/bust centerline.

Note: The survey covers such topics as shipments, order volume, backlog volume, capacity utilization, vendor lead time, employees, average workweek, wages, inventory levels, and capital expenditures. The Fifth District includes the District of Columbia , Maryland , both Carolinas, and most of the Virginias.

Sep, 29 00:01
BRC Shop Price Index
BRC Shop Price Index
Country:
Date: Sep, 29 00:01
Importance: Low
Previous: -0.8%
Forecast: -
Actual: -
Period: Sep
Change in the price of goods purchased at BRC-member retail stores. Leads the government-released consumer inflation data by about 10 days, but has a narrower scope as it only includes goods purchased from retailers who belong to the BRC. This data is usually released 1 day before the Bank of England interest rate decision. Full reports are only available to BRC subscribers.
Sep, 29 07:00
Retail Sales
Retail Sales
Country:
Date: Sep, 29 07:00
Importance: Low
Previous: -5.1% m/m; -0.3% y/y
Forecast: -
Actual: -
Period: Aug

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy since private consumption makes up a large portion of German Gross Domestic Product. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures.

The headline figure is expressed as the percentage change from the same month last year.

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