Date
GMT+01:00
Event
Sep, 29 10:00
10-y Bond Auction
10-y Bond Auction
Country:
Date: Sep, 29 10:00
Importance: Low
Previous: 1.11%; 1.35
Forecast: -
Actual: -
Period: Sep
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.
Sep, 29 10:00
Consumer Confidence
Consumer Confidence
Country:
Date: Sep, 29 10:00
Importance: Low
Previous: -13.9
Forecast: -13.9
Actual: -
Period: Sep

Consumer confidence is a measure of popular sentiment concerning the Eurozone economy. The figure is derived from a survey that asks thousands of 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 t he Italian 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.

Sep, 29 13:00
★★
CPI
CPI
Country:
Date: Sep, 29 13:00
Importance: Medium
Previous: -0.1% m/m; 0.0% y/y
Forecast: -0.1% m/m; -0.1% y/y
Actual: -
Period: Sep

Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures. Simply put, inflation reflects a decline in the purchasing power of the Euro in Germany , where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical German household might purchase. An increase in the index indicates that it takes more Euros to purchase this same set of basic consumer items.

The German CPI is significant as one of the primary gauges of inflation. As the largest Eurozone economy, inflation in Germany will contribute significantly to inflation in the Eurozone and the behavior of the European Central Bank. High or rising inflation acts as a signal to the ECB to raise interest rates, an action which will result in the strengthening of the Euro. The headline figure for CPI is the percentage change in monthly and annualized percentage term.

Sep, 29 13:00
★★
Harmonized CPI
Harmonized CPI
Country:
Date: Sep, 29 13:00
Importance: Medium
Previous: -0.2% m/m; -0.1% y/y
Forecast: -0.1% m/m; -0.1% y/y
Actual: -
Period: Sep

The Harmonized Index of Consumer Prices (HICP) reflects changes in the prices of consumer goods and services in a specified period of time. The HICP measures changes of the average price level for goods and services that households consume (the fixed consumer basket). HICP is pure price index. It does not reflect the changes in buying or consumption patterns, brands, and does not reflect the effect of outlet and service provider substitution.

Sep, 29 13:30
Industrial Product Price Index
Industrial Product Price Index
Country:
Date: Sep, 29 13:30
Importance: Low
Previous: 0.7%
Forecast: 0.6%
Actual: -
Period: Aug

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.

Sep, 29 13:30
Raw Materials Price Index
Raw Materials Price Index
Country:
Date: Sep, 29 13:30
Importance: Low
Previous: 3.0%
Forecast: 6.2%
Actual: -
Period: Aug

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.
 

Sep, 29 13:30
★★
Goods Trade Balance
Goods Trade Balance
Country:
Date: Sep, 29 13:30
Importance: Medium
Previous: -79.3bln
Forecast: -81.8bln
Actual: -
Period: Aug
Since July 2015, the US Bureau of Economic Analysis has started publishing preliminary estimate of goods trade balance. This release will be 4-7 earlier than trade balance data. Growth in the reading favors the US dollar.
Sep, 29 13:30
Wholesale Inventories
Wholesale Inventories
Country:
Date: Sep, 29 13:30
Importance: Low
Previous: -0.3%
Forecast: -0.1%
Actual: -
Period: Aug

The stock of unsold goods held by wholesalers. Wholesalers act as intermediaries between manufacturers or importers, and retailers. Wholesalers sell directly to retailers, who strive to act in accordance (ideally) with consumer demand. Consequently, high Wholesale Inventories indicate that unsold goods are piling up, suggesting that retailers are facing lagging consumer demand and unwilling to purchase goods. Conversely, declining Wholesale Inventories suggest retailers are buying more goods to meet strong or rising demand. Because Wholesale Inventories reflect the demand retailers have for their manufacturers' wares, the report offers an early indication of the potential strength of consumer spending.

Wholesale Inventories are reported in headlines as a percent change from the previous month.

Sep, 29 14:00
Case-Shiller 20 City
Case-Shiller 20 City
Country:
Date: Sep, 29 14:00
Importance: Low
Previous: 3.5%
Forecast: 3.6%
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, 29 14:15
★★
FOMC Member John C. Williams Speaks
FOMC Member John C. Williams Speaks
Country:
Date: Sep, 29 14:15
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -

John C. Williams is President and CEO of the Federal Reserve Bank of San Francisco.

Sep, 29 14:30
★★
FOMC Member Patrick T. Harker Speaks
FOMC Member Patrick T. Harker Speaks
Country:
Date: Sep, 29 14:30
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Bank of Philadelphia President Patrick Harker. Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.
Sep, 29 15:00
★★★
Consumer Confidence
Consumer Confidence
Country:
Date: Sep, 29 15:00
Importance: High
Previous: 84.8
Forecast: 90.0
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.

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