Date
GMT+01:00
Event Value
Jun, 09 18:00
Baker Hughes U.S. Rig Count
Baker Hughes U.S. Rig Count
Country:
Date: Jun, 09 18:00
Importance: Low
Previous: 696
Forecast: -
Actual: 695
Period: Jun
The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.
695
Jun, 09 13:30
Capacity utilization
Capacity utilization
Country:
Date: Jun, 09 13:30
Importance: Low
Previous: 81.8%
Forecast: 82.0%
Actual: 81.9%
Period: 1 quarter

Capacity Utilization measures the extent to which Canadian manufacturing companies make use of their installed productive capacity (factories and machinery). Capacity Utilization reflects overall growth and demand in the economy, rising when the economy is vibrant, and falling when demand softens. High capacity utilization also exerts inflationary pressures as scarce resources are in higher demand. However, it may also lead to new capital investments, such as new plants, that promote growth in the future.

81.9%
Jun, 09 13:30
Participation Rate
Participation Rate
Country:
Date: Jun, 09 13:30
Importance: Low
Previous: 65.6%
Forecast: 65.6%
Actual: 65.5%
Period: May
The participation rate is the percentage of the total number of people of labour-force age (15 years and over) that is in the labour force (either working or looking for work). The data provided by Statistics Canada is monthly and deseasonalized; this eliminates the impact of seasonal variations and makes it possible to compare data throughout the year. A higher than expected reading should be taken as positive/bullish for the CAD , while a lower than expected reading should be taken as negative/bearish for the CAD.
65.5%
Jun, 09 13:30
★★
Part Time Employment Change
Part Time Employment Change
Country:
Date: Jun, 09 13:30
Importance: Medium
Previous: -6.2K; 47.6K
Forecast: -
Actual: -32.7K; 15.5K
Period: May

modern award usually defines a part-time employee as an employee who is engaged to work less than an average of 38 ordinary hours per week and whose hours of work are reasonably predictable, with a guaranteed minimum number of hours of work. Work is usually performed on regular days of the week. A part-time employee will usually be entitled to the same employment conditions as a full-time employee, but on a pro rata basis compared to the full-time hours (usually 38 per week) prescribed under the applicable industrial instrument.

-32.7K; 15.5K
Jun, 09 13:30
★★★
Employment Change
Employment Change
Country:
Date: Jun, 09 13:30
Importance: High
Previous: 41.4K
Forecast: 21.2K
Actual: -17.3K
Period: May

Tracks the number of the employed in the country. A surge in new employment suggests higher spending potential and budding inflation pressures.

-17.3K
Jun, 09 13:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Jun, 09 13:30
Importance: High
Previous: 5.0%
Forecast: 5.1%
Actual: 5.2%
Period: May

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

5.2%
Jun, 09 11:30
★★★
Key bank rate
Key bank rate
Country:
Date: Jun, 09 11:30
Importance: High
Previous: 7.50%
Forecast: 7.50%
Actual: 7.50%
Period: Jun
The Bank Rossii decision on short term interest rate. The decision on where to set interest rates depends mostly on growth outlook and inflation. The primary objective of the central bank is to achieve price stability. High interest rates attract foreigners looking for the best "risk-free" return on their money, which can dramatically increases demand for the nation's currency. A higher than expected rate is positive/bullish for the RUB, while a lower than expected rate is negative/bearish for the RUB.
7.50%
Jun, 09 09:00
Industrial Production
Industrial Production
Country:
Date: Jun, 09 09:00
Importance: Low
Previous: -0.6%; -3.2%
Forecast: 0.2%; -4.1%
Actual: -1.9%; -7.2%
Period: Apr

Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Italy. Industrial production is significant as a short-term indicator of the strength of Italian industrial activity. High or rising Industrial Production figures suggest increased production and economic expansion. 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.

-1.9%; -7.2%
Jun, 09 02:30
★★
PPI
PPI
Country:
Date: Jun, 09 02:30
Importance: Medium
Previous: -3.6%
Forecast: -4.3%
Actual: -4.6%
Period: May

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

-4.6%
Jun, 09 02:30
★★★
CPI
CPI
Country:
Date: Jun, 09 02:30
Importance: High
Previous: 0.1%
Forecast: 0.2%
Actual: 0.2%
Period: May

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.

0.2%
Jun, 09 00:50
M2 Money Supply + CD
M2 Money Supply + CD
Country:
Date: Jun, 09 00:50
Importance: Low
Previous: 2.6%; 2.1%
Forecast: 2.7%
Actual: 2.7%; 2.1%
Period: May

Measure of the money supply used by the Bank of Japan. The figure includes all currency in circulation plus all bank deposits. This indicator tends to be tracked closely with the total money supply. The figure focuses mostly on individual deposit accounts rather than institutional accounts, making it a more attractive money indicator than broad liquidity measures. The headline figure is the percentage change from the previous year.

2.7%; 2.1%
Jun, 08 15:30
EIA Natural Gas Storage Change
EIA Natural Gas Storage Change
Country:
Date: Jun, 08 15:30
Importance: Low
Previous: 110
Forecast: 115
Actual: 104bln
Period: Jun

Weekly report about natural gas storage change in the USA.

104bln
Jun, 08 15:00
Wholesale Inventories
Wholesale Inventories
Country:
Date: Jun, 08 15:00
Importance: Low
Previous: -0.2%
Forecast: -0.2%
Actual: -0.1%
Period: Apr

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.

-0.1%
Jun, 08 13:30
★★
Continuing Claims
Continuing Claims
Country:
Date: Jun, 08 13:30
Importance: Medium
Previous: 1794K
Forecast: 1800K
Actual: 1757K
Period: May

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.

1757K
Jun, 08 13:30
★★
Unemployment Claims
Unemployment Claims
Country:
Date: Jun, 08 13:30
Importance: Medium
Previous: 233K
Forecast: 236K
Actual: 261K
Period: Jun

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

261K
Jun, 08 13:05
★★★
SNB Chairman Thomas Jordan Speaks
SNB Chairman Thomas Jordan Speaks
Country:
Date: Jun, 08 13:05
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
Thomas Jordan is the Chairman of the Governing Board of the Swiss National Bank since April 2012. Traders and investors scrutinize his speeches and comments on the country’s economic situation in order to suppose further actions of the SNB. What is more, the SNB monitors bank sector, thus changes in regulation may influence the currency’s price.
Jun, 08 10:00
Employment Change
Employment Change
Country:
Date: Jun, 08 10:00
Importance: Low
Previous: 0.6%; 1.7%
Forecast: 0.6%; 1.7%
Actual: 0.6%; 1.6%
Period: 1 quarter

Tracks the number of the employed in the country. A surge in new employment suggests higher spending potential and budding inflation pressures.

0.6%; 1.6%
Jun, 08 10:00
GDP revised
GDP revised
Country:
Date: Jun, 08 10:00
Importance: Low
Previous: 0.1%; 1.3%
Forecast: 0.0%; 1.2%
Actual: -0.1%; 1.0%
Period: 1 quarter

An indicator for broad overall growth in the Eurozone. Robust GDP growth signals a heightened level of economic activity, and therefore a high demand for currency. Economic expansion also raises concerns about inflationary pressure, which generally prompts monetary authorities to increase interest rates. This means that positive GDP readings are generally bullish for a given currency, while negative readings are bearish.

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.

The headline figure for GDP is an annualized percentage growth rate.

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

Technical note : GDP is the total market value of goods and services produced in the Eurozone within a given period after deducting the cost of goods and services used up in the process of production. Therefore, GDP excludes intermediate goods and services and considers final aggregates only.

-0.1%; 1.0%
Jun, 08 06:30
Change in Private Payrolls
Change in Private Payrolls
Country:
Date: Jun, 08 06:30
Importance: Low
Previous: 0.2%
Forecast: 0.2%
Actual: 0.4%
Period: 1 quarter
Change in the number of employed people, excluding the farming industry and government.
0.4%
Jun, 08 06:00
Economy Watchers Survey
Economy Watchers Survey
Country:
Date: Jun, 08 06:00
Importance: Low
Previous: 54.6; 55.7
Forecast: 55.1; 54.1
Actual: 55.0; 54.4
Period: May

The Economy Watchers Survey asks business-cycle sensitive workers their thoughts on existing and future economic conditions, giving a detailed picture of economic trends in Japan . The survey is based on questionnaires from 'man on the street' sectors that are particularly vulnerable to business cycle turns. These segments of the economy include sectors such as retail, restaurant service and taxi driving. With this combined data the Japanese Eco Watchers report serves as both a consumer confidence indicator and a leading indicator for the rest of the economy. The report is usually released less than two weeks after the reporting month, thus its statistics are usually very timely. The headline number is released where 50 represents the center midpoint line of boom/bust sentiment.

55.0; 54.4
Jun, 08 02:30
Trade Balance
Trade Balance
Country:
Date: Jun, 08 02:30
Importance: Low
Previous: 14.82
Forecast: 13.65
Actual: 11.16bln
Period: Apr

A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

Surpluses and Deficits
A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

Ramifications of Trade Balance on Markets
There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period, not during the release of data.

However, because of the overall significance of Trade Balance data in forecasting trends on Forex, the release has historically been one of the more important reports in any country.

11.16bln
Jun, 08 00:50
Current Account
Current Account
Country:
Date: Jun, 08 00:50
Importance: Low
Previous: 1009.0bln; 2278.1bln
Forecast: 1390.0bln; 1663.8bln
Actual: 1899.6bln; 1895.1bln
Period: Apr
1899.6bln; 1895.1bln
Jun, 08 00:50
Bank Lending
Bank Lending
Country:
Date: Jun, 08 00:50
Importance: Low
Previous: 3.2%; 3.5%
Forecast: 3.1%
Actual: 3.4%; 3.8%
Period: May

The value of all outstanding loans with Japanese banks. Bank lending is important because lending increases with increased business confidence and investment. It is particularly insightful for the Japanese economy because of the weakness that has plagued the Japanese banking sector. The headline number is for total loans and discounts and is a percentage change from the previous year.

3.4%; 3.8%
Jun, 08 00:50
GDP Deflator
GDP Deflator
Country:
Date: Jun, 08 00:50
Importance: Low
Previous: 2.0%
Forecast: 2.0%
Actual: 2.0%
Period: 1 quarter

Broad gauge of inflationary pressures. The GDP Deflator is different from the Consumer Price Index in that it does not take into account changes in the prices of imports and tends to underestimate price changes. The Gross Domestic Product Deflator is also untimely, released quarterly about two months after the reporting period. Nonetheless, it is highly correlated with the CPI and a key indicator of inflation. Consequently, the deflator provides insight into the future direction of monetary policy as the Bank of Japan is inclined to raise interest rates when faced with higher inflation.

Specifically the deflator measures the magnitude of changes in prices for all domestically produced final goods. It is the ratio of output in current prices (nominal GDP) to inflation-adjusted output (real GDP). The headline value is the percentage change in the GDP Deflator from the previous quarter.

2.0%
Jun, 08 00:50
★★
Gross Domestic Product
Gross Domestic Product
Country:
Date: Jun, 08 00:50
Importance: Medium
Previous: 0.4%; 1.6%
Forecast: 0.5%; 1.9%
Actual: 0.7%; 2.7%
Period: 1 quarter

A comprehensive measure of Japan'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 Yen, while negative readings are generally bearish.

Most production reports that lead to Japanese 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%; 2.7%
Jun, 08 00:01
RICS House Price Balance
RICS House Price Balance
Country:
Date: Jun, 08 00:01
Importance: Low
Previous: -39%
Forecast: -39%
Actual: -30%
Period: May

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.

-30%
Jun, 07 23:45
Manufacturing Sales
Manufacturing Sales
Country:
Date: Jun, 07 23:45
Importance: Low
Previous: -1.0%
Forecast: -
Actual: -2.8%
Period: 1 quarter
Change in the total value of sales at the manufacturing level. Released quarterly, about 70 days after the quarter ends.
-2.8%
Jun, 07 20:00
Consumer Credit
Consumer Credit
Country:
Date: Jun, 07 20:00
Importance: Low
Previous: 22.8
Forecast: 22.2
Actual: 23.0bln
Period: Apr

Measures the outstanding debt held by consumers. Consumer Credit levels coincide with the economy, rising during economic expansion and dropping during a recession. Growth in Consumer Credit means that consumers have higher spending ability, which can fuel economic growth. However, too much Consumer Debt can result in an economic slowdown in the long term if consumers become overburdened with debt, then either reducing consumption or passing debt on to the financers after bankruptcy. The headline value is the outstanding debt held by consumers.

23.0bln
Jun, 07 15:30
★★
Crude Oil Inventories
Crude Oil Inventories
Country:
Date: Jun, 07 15:30
Importance: Medium
Previous: 4489K
Forecast: 1200K
Actual: -452K
Period: Jun

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.

-452K
Jun, 07 15:00
★★★
BOC Rate Statement
BOC Rate Statement
Country:
Date: Jun, 07 15:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

This statement is the primary medium used by the Bank of Canada (BoC) to communicate with investors about monetary policy decisions, specifically those regarding interest rates.

Powered by InstaForex