Date
GMT+09:00
Event Value
Sep, 30 00:45
★★★
BOJ Governor Haruhiko Kuroda Speaks
BOJ Governor Haruhiko Kuroda Speaks
Country:
Date: Sep, 30 00:45
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

Bank of Japan Governor Haruhiko Kuroda will hold a press conference about monetary policies in Tokyo. Mr Kuroda exercises general control over the Bank's business. He is in charge of the Internal Auditors' Office.

Sep, 30 00:45
★★★
Federal Reserve Chairman Jerome Powell Speaks
Federal Reserve Chairman Jerome Powell Speaks
Country:
Date: Sep, 30 00:45
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Chair Jerome Powell. Fed Chair Feb 2018 - Feb 2022. Fed Governor May 2012 - Jan 2028. The testimony usually comes in 2 parts: first he reads a prepared statement (a text version is made available on the Fed's website at the start), then the committee will hold a question and answer session. Since the questions are not known beforehand they can make for some unscripted moments that lead to heavy market volatility. As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
Sep, 30 10:00
★★★
PMI Manufacturing
PMI Manufacturing
Country:
Date: Sep, 30 10:00
Importance: High
Previous: 50.1
Forecast: 50.3
Actual: -
Period: Sep

A monthly gauge of manufacturing activity and future outlook. The CIPS PMI is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Purchasing managers are tasked with gauging future demand, and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.

The PMI is presented as an index with a value between 1-100.

50.1
Oct, 01 21:30
★★★
Gross Domestic Product
Gross Domestic Product
Country:
Date: Oct, 01 21:30
Importance: High
Previous: 0.7% m/m; 8.0% y/y
Forecast: -0.2%
Actual: -
Period: Jul

A comprehensive measure of Canada's overall production and consumption of goods and services. GDP is a significant report in FX Market, serving as one of the primary indicators of a country's overall economic health.

Robust GDP growth signals a heightened level of economic activity and often a higher demand for the domestic currency. At the same time, economic expansion raises concerns about inflationary pressures which may prompt monetary authorities to increase interest rates. Thus positive GDP readings are generally bullish for the Canadian Dollar, while negative readings are generally bearish.

Most production reports that lead to Canadian GDP are released before the official GDP number. Therefore, actual GDP figures usually confirm expectations. However, an unexpected release can move markets due to the significance of the figure.

Technically, 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 headline figures for GDP are the percentage growth rate from the previous quarter and the annualized percentage change in GDP. Prices used are benchmarked to 1997 prices.

0.7% m/m; 8.0% y/y
Oct, 01 23:00
★★★
ISM Manufacturing
ISM Manufacturing
Country:
Date: Oct, 01 23:00
Importance: High
Previous: 59.9
Forecast: 59.6
Actual: -
Period: Sep

A monthly index released by the Institute of Supply Management which tracks the amount of manufacturing activity that occurred in the previous month.ISM Manufacuring assesses the state of US industry by surveying executives on expectations for future production, new orders, inventories, employment and deliveries. This data is considered a very important and trusted economic measure. If the index has a value below 50, due to a decrease in activity, it tends to indicate an economic recession, especially if the trend continues over several months. A value substantially above 50 likely indicates a time of economic growth. The values for the index can be between 0 and 100.

Values over 50 generally indicate an expansion, while values below 50 indicate contraction.

59.9
Oct, 05 12:30
★★★
RBA Interest Rate Decision
RBA Interest Rate Decision
Country:
Date: Oct, 05 12:30
Importance: High
Previous: 0.10%
Forecast: 0.10%
Actual: -
Period: Oct
The Reserve Bank sets the target 'cash rate', which is the market interest rate on overnight funds. It uses this as the instrument for monetary policy, and influences the cash rate through its financial market operations. Decisions regarding the cash rate target are made by the Reserve Bank Board and explained in a media release announcing the decision at 2.30 pm after each Board meeting.
0.10%
Oct, 05 12:30
★★★
RBA Monetary Policy Statement
RBA Monetary Policy Statement
Country:
Date: Oct, 05 12:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The RBA Monetary Policy Statement released by the Reserve bank of Australia reviews economic and financial conditions, determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. It is considered as a clear guide to the future RBA interest rate policy. Any changes in this report affect the AUD volatility. If the RBA statement shows a hawkish outlook, that is seen as positive (or bullish) for the AUD, while a dovish outlook is seen as negatvie (or bearish).

Oct, 05 23:00
★★★
ISM Services PMI
ISM Services PMI
Country:
Date: Oct, 05 23:00
Importance: High
Previous: 61.7
Forecast: -
Actual: -
Period: Sep
ISM index for the non-manufacturing sector, a value below 50 indicates a decrease in activity compared to the previous month, above - about growth.
61.7
Oct, 06 10:00
★★★
Official Cash Rate
Official Cash Rate
Country:
Date: Oct, 06 10:00
Importance: High
Previous: 0.25%
Forecast: 0.25%
Actual: -
Period: Oct
The Official Cash Rate (OCR) is the interest rate set by the Reserve Bank to meet the inflation target specified in the Policy Targets Agreement (PTA). The current PTA, signed in September 2012, defines price stability as annual increases in the Consumers Price Index (CPI) of between 1 and 3 per cent on average over the medium term, with a focus on keeping future average inflation near the 2 percent target midpoint.
0.25%
Oct, 06 10:00
★★★
RBNZ Rate Statement
RBNZ Rate Statement
Country:
Date: Oct, 06 10:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The Reserve Bank of New Zealand (RBNZ) releases this statement in connection to its recent decision on short-term interest rates. Interest rates are a primary determinant of a currency's value and these statements are used by traders to determine future monetary policy decisions.

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