• Date
    GMT+03:00
    Event Previous Forecast Actual
    Sep, 20 04:30
    RBA Bulletin
    RBA Bulletin
    Country:
    It contains relevant articles, speeches, statistical tables, and provides detailed analysis of current and future economic conditions from the bank's viewpoint. Tends to have a mild impact since much of the information is released previously. Source changed release frequency from monthly to quarterly as of Mar 2010.
    Date: Sep, 20 04:30
    Importance: Low
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Sep, 20 09:00
    Trade Balance
    Trade Balance
    Country:

    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 - and not during the release of data.

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

    Date: Sep, 20 09:00
    Importance: Low
    Previous: 2.26В
    Forecast: 2.41bln
    Actual: -
    Period: Aug
    2.26В 2.41bln -
    Sep, 20 10:30
    ★★★
    Libor Rate
    Libor Rate
    Country:

    The Swiss franc LIBOR interest rate is the average interbank interest rate at which a large number of banks on the London money market are prepared to lend one another unsecured funds denominated in Swiss francs. The Swiss franc (CHF) LIBOR interest rate is available in 15 maturities, from overnight (on a daily basis) to 12 months. The table below shows a summary of the current rates of all CHF LIBOR interest rates. We update these interest rates daily. If you click on the links you can see extensive current and historic information for the maturity concerned.

    Date: Sep, 20 10:30
    Importance: High
    Previous: -0.75%
    Forecast: -0.75%
    Actual: -
    Period: Sep
    -0.75% -0.75% -
    Sep, 20 10:30
    ★★★
    3-Month Libor Lower Target Range
    3-Month Libor Lower Target Range
    Country:
    The SNB fixes a target range marking the lower bound for the three-month Libor, separately from the upper one.
    Date: Sep, 20 10:30
    Importance: High
    Previous: -1.25%
    Forecast: -1.25%
    Actual: -
    Period: Sep
    -1.25% -1.25% -
    Sep, 20 10:30
    ★★★
    3-Month Libor Upper Target Range
    3-Month Libor Upper Target Range
    Country:
    The SNB fixes a target range marking the upper bound for the three-month Libor, separately from the lower one.
    Date: Sep, 20 10:30
    Importance: High
    Previous: -0.25%
    Forecast: -0.25%
    Actual: -
    Period: Sep
    -0.25% -0.25% -
    Sep, 20 10:30
    ★★★
    SNB Monetary Policy Assessment
    SNB Monetary Policy Assessment
    Country:

    It's the primary tool the SNB Governing Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future rate decisions.

    Date: Sep, 20 10:30
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Sep, 20 11:30
    ★★★
    Retail Sales With Auto Fuel
    Retail Sales With Auto Fuel
    Country:

    Change in the total value of inflation-adjusted sales at the retail level with auto fuel. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

    Date: Sep, 20 11:30
    Importance: High
    Previous: 0.7% m/m; 3.5% y/y
    Forecast: -0.2% m/m; 2.3% y/y
    Actual: -
    Period: Aug
    0.7% m/m; 3.5% y/y -0.2% m/m; 2.3% y/y -
    Sep, 20 11:30
    ★★
    Retail Sales Ex Auto Fuel
    Retail Sales Ex Auto Fuel
    Country:

    A monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence.

    Date: Sep, 20 11:30
    Importance: Medium
    Previous: 0.9% m/m; 3.7% y/y
    Forecast: -0.3% m/m; 2.3% y/y
    Actual: -
    Period: Aug
    0.9% m/m; 3.7% y/y -0.3% m/m; 2.3% y/y -
    Sep, 20 11:30
    10-y Bond Auction
    10-y Bond Auction
    Country:
    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.
    Date: Sep, 20 11:30
    Importance: Low
    Previous: 1.432%; 1.41
    Forecast: -
    Actual: -
    Period: Sep
    1.432%; 1.41 - -
    Sep, 20 11:30
    30-Year Bonds Auction
    30-Year Bonds Auction
    Country:
    Bonds with the longest maturity.
    Date: Sep, 20 11:30
    Importance: Low
    Previous: 2.583%; 1.58
    Forecast: -
    Actual: -
    Period: Sep
    2.583%; 1.58 - -
    Sep, 20 12:00
    30-y Bond Auction
    30-y Bond Auction
    Country:
    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.
    Date: Sep, 20 12:00
    Importance: Low
    Previous: 1.65%; 1.35
    Forecast: -
    Actual: -
    Period: Sep
    1.65%; 1.35 - -
    Sep, 20 12:00
    10-y Bond Auction
    10-y Bond Auction
    Country:
    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.
    Date: Sep, 20 12:00
    Importance: Low
    Previous: 0.71%; 1.95
    Forecast: -
    Actual: -
    Period: Sep
    0.71%; 1.95 - -
    Sep, 20 12:30
    10-y Bond Auction
    10-y Bond Auction
    Country:
    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.
    Date: Sep, 20 12:30
    Importance: Low
    Previous: 1.458%; 2.25
    Forecast: -
    Actual: -
    Period: Sep
    1.458%; 2.25 - -
    Sep, 20 13:00
    CBI industrial order books balance
    CBI industrial order books balance
    Country:

    This review reflects businessmen sentiment concerning the position of the industrial sector of the economy.

    Date: Sep, 20 13:00
    Importance: Low
    Previous: 7
    Forecast: -
    Actual: -
    Period: Sep
    7 - -
    Sep, 20 15:30
    ★★
    ADP Non-Farm Employment Change
    ADP Non-Farm Employment Change
    Country:
    Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity. ADP analyzes payroll data from more than 2 million workers to derive employment growth estimations.
    Date: Sep, 20 15:30
    Importance: Medium
    Previous: 11.6K
    Forecast: -
    Actual: -
    Period: Aug
    11.6K - -
  • Date
    GMT+03:00
    Event Previous Forecast Actual
    Sep, 20 15:30
    ★★
    Philadelphia Fed Manufacturing Index
    Philadelphia Fed Manufacturing Index
    Country:

    It is a survey conducted by the Philadelphia Fed questioning manufacturers in the Third Federal Reserve District on general business conditions. Conducted since 1968, the "Philly Fed" survey is an established report, valued for its timeliness, scope of coverage and tendency to forecast developments in the market moving ISM Manufacturing figure.

    Higher Philadelphia Fed Survey figures indicate a positive outlook from manufacturers suggesting increased production. Higher production contributes to economic growth, which is generally bullish for the dollar.

    Results are calculated as the difference between percentage of positive and negative scores; zero acts as the centerline point.

    Date: Sep, 20 15:30
    Importance: Medium
    Previous: 11.9
    Forecast: 17.5
    Actual: -
    Period: Sep
    11.9 17.5 -
    Sep, 20 15:30
    ★★
    Unemployment Claims
    Unemployment Claims
    Country:

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

    Date: Sep, 20 15:30
    Importance: Medium
    Previous: 204K
    Forecast: 210K
    Actual: -
    Period: Sep
    204K 210K -
    Sep, 20 15:30
    Continuing Claims
    Continuing Claims
    Country:

    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.

    Date: Sep, 20 15:30
    Importance: Low
    Previous: 1696K
    Forecast: 1705K
    Actual: -
    Period: Sep
    1696K 1705K -
    Sep, 20 17:00
    Leading Index
    Leading Index
    Country:

    The Index includes account inventory ratios, machinery orders, stock prices and other leading economic indicators. As the aggregate of many leading indices the Leading Economic Index provides a forecast of the future state of the domestic economy and is thought to predict activity that will occur 6-9 months after the reporting period.

    The index operates on a 1-100 scale, where a value lower than 50 means that most indictors are negative and a value higher than 50 means most indicators are positive. In both cases a greater distance from the midpoint (50) means that the indicators are more strongly positive or negative.

    Date: Sep, 20 17:00
    Importance: Low
    Previous: 110.7; 0.6% m/m
    Forecast: ; 0.5% m/m
    Actual: -
    Period: Aug
    110.7; 0.6% m/m ; 0.5% m/m -
    Sep, 20 17:00
    ★★
    Existing Home Sales
    Existing Home Sales
    Country:

    Records sales of previously owned homes in the United States . This report provides a fairly accurate assessment of housing market conditions, and because of the sensitivity of the housing market to business cycle twists, it can be an important indicator of overall conditions at times when housing is particularly important to the economy.

    While used home sales are not counted in GDP, they do affect the United States economy. Sellers of used homes often use capital gains from property sales on consumption that stimulate the economy. Higher levels of consumer spending may also increase inflationary pressures, even as they help grow the economy.

    The existing home sales report is not as timely as other housing indicators like New Home Sales or Building Permits. By the time the Existing Home Sales are recorded, market conditions may have changed.

    The headline is the total value of properties sold.

    Date: Sep, 20 17:00
    Importance: Medium
    Previous: 5.34M; -0.7% m/m
    Forecast: 5.36M; 0.8% m/m
    Actual: -
    Period: Aug
    5.34M; -0.7% m/m 5.36M; 0.8% m/m -
    Sep, 20 17:00
    Consumer Confidence
    Consumer Confidence
    Country:

    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.

    Date: Sep, 20 17:00
    Importance: Low
    Previous: -1.9
    Forecast: -2.0
    Actual: -
    Period: Sep
    -1.9 -2.0 -
    Sep, 20 17:30
    EIA Natural Gas Storage Change
    EIA Natural Gas Storage Change
    Country:

    Weekly report about natural gas storage change in the USA.

    Date: Sep, 20 17:30
    Importance: Low
    Previous: 69bln
    Forecast: 81bln
    Actual: -
    Period: Sep
    69bln 81bln -
    Sep, 20 18:15
    ECB's Jens Weidmann Speaks
    ECB's Jens Weidmann Speaks
    Country:
    Jens Weidmann is a German economist and president of the Deutsche Bundesbank.Statements of the German representatives always attracts attention as their opinion is very ponderable.
    Date: Sep, 20 18:15
    Importance: Low
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Sep, 20 20:20
    ECB’s Peter Praet Speaks
    ECB’s Peter Praet Speaks
    Country:
    Executive board member and chief economist of the European Central Bank. Within the board, Praet is widely considered to be centrist on monetary policy, perhaps even slightly “dovish”, meaning he is more likely to take growth prospects into account in the conduct of monetary policy than strict inflation “hawks” do.
    Date: Sep, 20 20:20
    Importance: Low
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Sep, 21 01:45
    Visitor Arrivals
    Visitor Arrivals
    Country:
    The Visitor Arrivals released by the Statistics New Zealand measures the number of visitors to New Zealand. As the tourism industry dominates a large part of the total GDP, the visitor arrivals is an important indicator of the overall economic condition in New Zealand.
    Date: Sep, 21 01:45
    Importance: Low
    Previous: 0.6% m/m
    Forecast: -
    Actual: -
    Period: Aug
    0.6% m/m - -
    Sep, 21 02:30
    ★★★
    National CPI
    National CPI
    Country:

    National Consumer Price Index (CPI) is the key gauge for inflation in Japan. Simply put, inflation reflects a decline in the purchasing power of the Yen, where each Yen buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical Japanese household might purchase. An increase in the index indicates that it takes more Yen to purchase this same set of basic consumer items.

    Markets will typically pay more attention to "CPI excluding Fresh Food," because it excludes volatile food prices that can distort overall CPI. The headline figure for CPI is the percentage change in the index on a month to month or year to year basis.

    As the most important indicator of inflation, CPI figures are closely followed by the Bank of Japan. Rising Consumer Prices may prompt the BoJ to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Yen more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Yen.

    Date: Sep, 21 02:30
    Importance: High
    Previous: 0.9% y/y
    Forecast: -
    Actual: -
    Period: Aug
    0.9% y/y - -
    Sep, 21 02:30
    ★★
    National CPI ex Fresh Food
    National CPI ex Fresh Food
    Country:

    National Consumer Price Index (CPI) is the key gauge for inflation in Japan. Simply put, inflation reflects a decline in the purchasing power of the Yen, where each Yen buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical Japanese household might purchase. An increase in the index indicates that it takes more Yen to purchase this same set of basic consumer items.

    Markets will typically pay more attention to "CPI excluding Fresh Food," because it excludes volatile food prices that can distort overall CPI. The headline figure for CPI is the percentage change in the index on a month to month or year to year basis.

    As the most important indicator of inflation, CPI figures are closely followed by the Bank of Japan. Rising Consumer Prices may prompt the BoJ to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Yen more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Yen.

    Date: Sep, 21 02:30
    Importance: Medium
    Previous: 0.8% y/y
    Forecast: 0.9% y/y
    Actual: -
    Period: Aug
    0.8% y/y 0.9% y/y -
    Sep, 21 02:30
    ★★
    National CPI ex fresh food & energy
    National CPI ex fresh food & energy
    Country:

    National Consumer Price Index (CPI) is the key gauge for inflation in Japan. Simply put, inflation reflects a decline in the purchasing power of the Yen, where each Yen buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical Japanese household might purchase. An increase in the index indicates that it takes more Yen to purchase this same set of basic consumer items.

    Markets will typically pay more attention to "CPI excluding Fresh Food," because it excludes volatile food prices that can distort overall CPI. The headline figure for CPI is the percentage change in the index on a month to month or year to year basis.

    As the most important indicator of inflation, CPI figures are closely followed by the Bank of Japan. Rising Consumer Prices may prompt the BoJ to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Yen more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Yen.

    Date: Sep, 21 02:30
    Importance: Medium
    Previous: 0.3% y/y
    Forecast: -
    Actual: -
    Period: Aug
    0.3% y/y - -
    Sep, 21 03:30
    PMI Manufacturing
    PMI Manufacturing
    Country:

    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.

    Date: Sep, 21 03:30
    Importance: Low
    Previous: 52.5
    Forecast: 53.1
    Actual: -
    Period: Sep
    52.5 53.1 -
    Sep, 21 06:00
    Credit Card Spending
    Credit Card Spending
    Country:

    Shows a change in the total expenditure made via credit cards.

    Date: Sep, 21 06:00
    Importance: Low
    Previous: -1.1% m/m; 3.2% y/y
    Forecast: -
    Actual: -
    Period: Aug
    -1.1% m/m; 3.2% y/y - -
  • Date
    GMT+03:00
    Event Previous Forecast Actual
    Sep, 21 07:30
    All Industry Activity Index
    All Industry Activity Index
    Country:

    Evaluates the monthly change in overall production by all sectors of the Japanese economy. The index comprises a variety of industries: service, manufacturing, construction and public sectors are included. The index closely follows Japanese GDP and overall growth figures, providing insight into current levels of Japanese economic expansion. The All Industry Activity Index is posted monthly as a percentage change from the previous month's figure.

    Date: Sep, 21 07:30
    Importance: Low
    Previous: -0.8% m/m
    Forecast: 0.2% m/m
    Actual: -
    Period: Jul
    -0.8% m/m 0.2% m/m -
    Sep, 21 09:45
    GDP
    GDP
    Country:

    The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets.

    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 lead monetary authorities to increase interest rates. Thus better than expected GDP figures are generally bullish for the Euro, while negative readings are generally bearish.

    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.

    French GDP figures, officially called Quarterly National Accounts, are released quarterly. The headline figures are annualized percentage changes in real and nominal GDP.

    Date: Sep, 21 09:45
    Importance: Low
    Previous: 0.2% q/q; 1.7% y/y
    Forecast: 0.2% q/q; 1.7% y/y
    Actual: -
    Period: 2 quarter
    0.2% q/q; 1.7% y/y 0.2% q/q; 1.7% y/y -
    Sep, 21 10:15
    ★★
    PMI Manufacturing
    PMI Manufacturing
    Country:

    A monthly guage 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.

    Date: Sep, 21 10:15
    Importance: Medium
    Previous: 53.5
    Forecast: 53.3
    Actual: -
    Period: Sep
    53.5 53.3 -
    Sep, 21 10:15
    ★★
    PMI Services
    PMI Services
    Country:

    Gauge for the overall performance of the country's service sector. The Services PMI interviews executives on the status of sales, employment, and their outlook. Because the performance of the country's service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. For this reason Services PMI usually causes little market movement. The survey results are quantified and presented as an index on a 1-100 scale. The headline figure is the percentage change in the index.

    Date: Sep, 21 10:15
    Importance: Medium
    Previous: 55.4
    Forecast: 55.4
    Actual: -
    Period: Sep
    55.4 55.4 -
    Sep, 21 10:15
    ★★
    Composite PMI
    Composite PMI
    Country:
    An index level of 50 denotes no change since the previous month, while a level above 50 signals an increase or improvement, and below 50 indicates a decrease or deterioration.
    Date: Sep, 21 10:15
    Importance: Medium
    Previous: 54.9
    Forecast: -
    Actual: -
    Period: Sep
    54.9 - -
    Sep, 21 10:30
    ★★
    PMI Manufacturing
    PMI Manufacturing
    Country:

    Gauge for overall performance of the German manufacturing sector. Through asking executives about sales and employment outlook, the survey strives to provide useful information about the business climate that can lead to developments in employment, output and consumption. The PMI survey results are the result of interviews with business executives. Manufacturing is an important sector in Germany , which is why changes in Manufacturing PMI can provide a good indicator to the overall economic condition in Germany as well as Euro-zone. However, despite the timeliness of the report, Manufacturing PMI is not a big market mover.
    The survey results are quantified into index where 0 represents long term manufacturing business conditions. The headline figure is expressed in percentage change.

    Date: Sep, 21 10:30
    Importance: Medium
    Previous: 55.9
    Forecast: 55.8
    Actual: -
    Period: Sep
    55.9 55.8 -
    Sep, 21 10:30
    ★★
    PMI Services
    PMI Services
    Country:

    Gauge for the overall performance of the German service sector. The Services PMI interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. For this reason Services PMI usually causes little market movement. The survey results are quantified and presented as an index on a 1-100 scale. The headline figure is the percentage change in the index.

    Date: Sep, 21 10:30
    Importance: Medium
    Previous: 55.0
    Forecast: 55.1
    Actual: -
    Period: Sep
    55.0 55.1 -
    Sep, 21 10:30
    ★★
    Composite PMI
    Composite PMI
    Country:
    An index level of 50 denotes no change since the previous month, while a level above 50 signals an increase or improvement, and below 50 indicates a decrease or deterioration.
    Date: Sep, 21 10:30
    Importance: Medium
    Previous: 55.6
    Forecast: -
    Actual: -
    Period: Sep
    55.6 - -
    Sep, 21 11:00
    ★★
    PMI Manufacturing
    PMI Manufacturing
    Country:

    The Euro-zone Manufacturing Purchasing Managers Index (PMI) assesses business conditions in the manufacturing sector. Because the manufacturing sector represents nearly a quarter of total Euro-zone GDP, the Euro-zone Manufacturing PMI is both a significant and timely indicator of business conditions and the general health of the economy. Results are quantified in an index in which values above 50 indicate an expected increase of business conditions and values below 50 signal an expected deterioration.

    Date: Sep, 21 11:00
    Importance: Medium
    Previous: 54.6
    Forecast: 54.4
    Actual: -
    Period: Sep
    54.6 54.4 -
    Sep, 21 11:00
    ★★
    PMI Services
    PMI Services
    Country:

    Gauge for the overall performance of the German service sector. The Services PMI interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. For this reason Services PMI usually causes little market movement. The survey results are quantified and presented as an index on a 1-100 scale. The headline figure is the percentage change in the index.

    Date: Sep, 21 11:00
    Importance: Medium
    Previous: 54.4
    Forecast: 54.5
    Actual: -
    Period: Sep
    54.4 54.5 -
    Sep, 21 11:00
    ★★
    Composite PMI
    Composite PMI
    Country:

    The Eurozone Composite Purchasing Managers Index (PMI) assesses business conditions in manufacturing, construction and service sectors. The Eurozone PMI is both a significant and timely indicator of business conditions and the general health of the economy. Close correlation with the business cycle, assessed on the basis of long-term statistical data, allows to use the PMI indicator for prognosis of future GDP volumes. The PMI indices are based on  selected panels of executives in companies who report each month on real events. The subindex of intangibles sector - PMI services - is of more importance because in industrialized countries around 70% of GDP is generated in non-manufacturing sector.

    Date: Sep, 21 11:00
    Importance: Medium
    Previous: 54.5
    Forecast: -
    Actual: -
    Period: Sep
    54.5 - -
    Sep, 21 11:30
    ★★
    Public Sector Net Borrowing
    Public Sector Net Borrowing
    Country:
    In the U.K., the amount of expenditures less the total receipts taken in by the government. Public sector net borrowing is the measure of fiscal surpluses and deficits along with the amount of new debt created. If this number is positive, it means the U.K. is running a fiscal deficit, while a negative number represents a fiscal surplus.
    Date: Sep, 21 11:30
    Importance: Medium
    Previous: -2.9bln; -2.0В
    Forecast: 3.0bln
    Actual: -
    Period: Aug
    -2.9bln; -2.0В 3.0bln -
    Sep, 21 14:00
    BOE Quarterly Bulletin
    BOE Quarterly Bulletin
    Country:
    This release includes commentary on market developments and monetary policy operations, along with reports on a range of domestic and international economic issues, market research, and market analysis.
    Date: Sep, 21 14:00
    Importance: Low
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Sep, 21 15:30
    ★★★
    Consumer Price Index
    Consumer Price Index
    Country:

    The key gauge for inflation in Canada. Simply put, inflation reflects a decline in the purchasing power of the Canadian Dollar, meaning each Dollar buys fewer goods and services. CPI is the most obvious way to measure changes in purchasing power - the report tracks changes in the price of a basket of goods and services that a typical Canadian household might purchase. An increase in the index indicates that it takes more Dollars to purchase this same set of basic consumer items.

    As the most important indicator of inflation in Canada , Consumer Price figures are closely followed by Canada 's central bank. The Bank of Canada has a target inflation band of 1 - 3 % and uses CPI and Core CPI as its principle gauge (the Bank of Canada posts inflation targets and CPI on their homepage). A rising CPI may prompt the central bank to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Dollar more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Dollar.

    Date: Sep, 21 15:30
    Importance: High
    Previous: 0.5% m/m; 3.0% y/y
    Forecast: -
    Actual: -
    Period: Aug
    0.5% m/m; 3.0% y/y - -
    Sep, 21 15:30
    ★★
    Consumer Price Index Core
    Consumer Price Index Core
    Country:

    CPI Excluding Core Eight

    The Consumer Price Index excluding eight items which the Bank of Canada has deemed to have the most volatility from month to month. The goods omitted tend to fluctuate idiosyncratically and may distort CPI data. The headline figure for CPI is the percentage change in the index on a month to month and year to year basis.

    Note : These Eight items include: fruit, vegetables, gasoline, fuel oil, natural gas, mortgage interest, inter-city transportation and tobacco products. Changes in the CPI Excluding the Core 8 are recognized as a better indicator of inflation than the regular CPI. The headline figure is reported as a percent change on both the month to month and year to year basis.

    Date: Sep, 21 15:30
    Importance: Medium
    Previous: 0.2% m/m; 1.6% y/y
    Forecast: -
    Actual: -
    Period: Aug
    0.2% m/m; 1.6% y/y - -
  • Date
    GMT+03:00
    Event Previous Forecast Actual
    Sep, 21 15:30
    ★★
    Common Core CPI
    Common Core CPI
    Country:
    The Common calculation helps expose the underlying inflation trend through filtering out price movements that might be caused by factors specific to certain components. Source first released in Dec 2016. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
    Date: Sep, 21 15:30
    Importance: Medium
    Previous: 1.9% y/y
    Forecast: -
    Actual: -
    Period: Aug
    1.9% y/y - -
    Sep, 21 15:30
    ★★
    Median Core CPI
    Median Core CPI
    Country:
    The Median calculation helps expose the underlying inflation trend through exclusion of extreme price movements specific to certain components. Source first released in Dec 2016. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
    Date: Sep, 21 15:30
    Importance: Medium
    Previous: 2.0% y/y
    Forecast: -
    Actual: -
    Period: Aug
    2.0% y/y - -
    Sep, 21 15:30
    ★★
    Trimmed Core CPI
    Trimmed Core CPI
    Country:
    Change in the price of goods and services purchased by consumers, excluding 40% of components with extreme price movements. The Trimmed Mean calculation helps expose the underlying inflation trend through component weighting and anomaly exclusion. Source first released in Dec 2016. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
    Date: Sep, 21 15:30
    Importance: Medium
    Previous: 2.1% y/y
    Forecast: -
    Actual: -
    Period: Aug
    2.1% y/y - -
    Sep, 21 15:30
    ★★
    Retail Sales
    Retail Sales
    Country:

    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.

    Date: Sep, 21 15:30
    Importance: Medium
    Previous: -0.2% m/m; -0.1% m/m
    Forecast: -
    Actual: -
    Period: Jul
    -0.2% m/m; -0.1% m/m - -
    Sep, 21 16:45
    ★★
    ISM Manufacturing
    ISM Manufacturing
    Country:

    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.

    Date: Sep, 21 16:45
    Importance: Medium
    Previous: 54.7
    Forecast: 55.1
    Actual: -
    Period: Sep
    54.7 55.1 -
    Sep, 21 16:45
    Final Services PMI
    Final Services PMI
    Country:
    It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy. Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release is the earliest and thus tends to have the most impact.
    Date: Sep, 21 16:45
    Importance: Low
    Previous: 54.8
    Forecast: 54.9
    Actual: -
    Period: Sep
    54.8 54.9 -
    Sep, 21 16:45
    Composite PMI
    Composite PMI
    Country:
    An index level of 50 denotes no change since the previous month, while a level above 50 signals an increase or improvement, and below 50 indicates a decrease or deterioration.
    Date: Sep, 21 16:45
    Importance: Low
    Previous: 54.7
    Forecast: -
    Actual: -
    Period: Sep
    54.7 - -
    Sep, 21 20:00
    Baker Hughes U.S. Rig Count
    Baker Hughes U.S. Rig Count
    Country:
    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.
    Date: Sep, 21 20:00
    Importance: Low
    Previous: 1055
    Forecast: -
    Actual: -
    Period: Sep
    1055 - -
    Sep, 24 09:00
    Wholesale Price Index
    Wholesale Price Index
    Country:

    Measures changes in the prices paid by retailers for finished goods. Growth in wholesale prices usually precedes increases in retail prices, thus changes in Wholesale Prices can be used as an early indicator for inflation. While the CPI records price changes for retail goods, the WPI might pick up inflationary pressures before they reach the headline retail CPI report. The headline number is the percentage change in the index.

    Note: WPI provides seasonally adjusted price changes to account for goods' seasonally volatility.

    Date: Sep, 24 09:00
    Importance: Low
    Previous: 0.0% m/m; 3.5% y/y
    Forecast: -
    Actual: -
    Period: Aug
    0.0% m/m; 3.5% y/y - -
    Sep, 24 11:00
    ★★
    Ifo Business Climate Index
    Ifo Business Climate Index
    Country:

    The Ifo Business Climate Index is a closely followed leading indicator for economic activity in Germany prepared by the Ifo Institute for Economic Research in Munich. It is based on ca. 7,000 monthly survey responses of firms in manufacturing, construction, wholesaling and retailing. The firms are asked to give their assessments of the current business situation and their expectations for the next six months. They can characterise their situation as "good", "satisfactorily" or "poor" and their business expectations for the next six months as "more favourable", "unchanged" or "more unfavourable". The replies are weighted according to the importance of the industry and aggregated. The balance value of the current business situation is the difference of the percentages of the responses "good" and "poor", the balance value of the expectations is the difference of the percentages of the responses "more favourable" and "more unfavourable". The business climate is a mean of the balances of the business situation and the expectations.

    Date: Sep, 24 11:00
    Importance: Medium
    Previous: 103.8
    Forecast: -
    Actual: -
    Period: Sep
    103.8 - -
    Sep, 24 11:00
    ★★
    Ifo Current Assessment
    Ifo Current Assessment
    Country:

    One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP.

    Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

    The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

    Ifo Current Assessment
    Measures current German business conditions, without considering future expectations.

    Date: Sep, 24 11:00
    Importance: Medium
    Previous: 106.4
    Forecast: -
    Actual: -
    Period: Sep
    106.4 - -
    Sep, 24 11:00
    ★★
    IFO - Expectations
    IFO - Expectations
    Country:

    One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP. Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

    The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

    Ifo Expectations
    Based on firms' expectations for the next six months, where firms rate the future outlook as better, same, or worse.

    Date: Sep, 24 11:00
    Importance: Medium
    Previous: 101.2
    Forecast: -
    Actual: -
    Period: Sep
    101.2 - -
    Sep, 24 13:00
    CBI industrial order books balance
    CBI industrial order books balance
    Country:

    This review reflects businessmen sentiment concerning the position of the industrial sector of the economy.

    Date: Sep, 24 13:00
    Importance: Low
    Previous: 7
    Forecast: -
    Actual: -
    Period: Sep
    7 - -
    Sep, 24 15:30
    Wholesale Sales
    Wholesale Sales
    Country:

    The value of sales made by Canadian wholesalers. Wholesalers sell to industries and retailers in quantities far larger than most consumers are willing to purchase. Given that growth in Wholesale Trade usually precedes increases in retail trade and consumption, changes in Wholesale Sales can be used as an early indicator for the overall direction of the retail sector, consumption and the economy. The headline figure reports the monthly percentage change in Wholesale Sales, seasonally adjusted to account for variations in demand due to seasonal cycles.

    These sectors are farm products, food, beverages, and tobacco products, personal and household goods, automotive products, building materials, machinery and electronic equipment etc.

    Date: Sep, 24 15:30
    Importance: Low
    Previous: -0.8% m/m
    Forecast: -
    Actual: -
    Period: Jul
    -0.8% m/m - -
    Sep, 24 16:00
    NBB Business Climate
    NBB Business Climate
    Country:

    Assesses overall business environment in a country.

    Date: Sep, 24 16:00
    Importance: Low
    Previous: -0.3
    Forecast: -
    Actual: -
    Period: Sep
    -0.3 - -
  • Date
    GMT+03:00
    Event Previous Forecast Actual
    Sep, 25 02:50
    Monetary Policy Meeting Minutes
    Monetary Policy Meeting Minutes
    Country:
    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.
    Date: Sep, 25 02:50
    Importance: Low
    Previous: -
    Forecast: -
    Actual: -
    Period: Jul
    - - -
    Sep, 25 02:50
    Corporate Service Price Index
    Corporate Service Price Index
    Country:

    Change in the price of services purchased by corporations. It's a leading indicator of consumer inflation - when corporations pay more for services the higher costs are usually passed on to the consumer.

    Date: Sep, 25 02:50
    Importance: Low
    Previous: 1.1% y/y
    Forecast: -
    Actual: -
    Period: Aug
    1.1% y/y - -
    Sep, 25 16:00
    House Price Index
    House Price Index
    Country:

    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.

    Date: Sep, 25 16:00
    Importance: Low
    Previous: 0.2% m/m
    Forecast: -
    Actual: -
    Period: Jul
    0.2% m/m - -
    Sep, 25 16:00
    S&P Case-Shiller Home Price Index
    S&P Case-Shiller Home Price Index
    Country:

    The growth of this indicator is favorable for the markets. It is not seasonally adjusted.

    Date: Sep, 25 16:00
    Importance: Low
    Previous: 6.3% y/y
    Forecast: -
    Actual: -
    Period: Jul
    6.3% y/y - -
    Sep, 25 17:00
    ★★★
    Consumer Confidence
    Consumer Confidence
    Country:

    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.

    Date: Sep, 25 17:00
    Importance: High
    Previous: 133.4
    Forecast: -
    Actual: -
    Period: Sep
    133.4 - -
    Sep, 25 17:00
    Richmond Fed Manufacturing Index
    Richmond Fed Manufacturing Index
    Country:

    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.

    Date: Sep, 25 17:00
    Importance: Low
    Previous: 24
    Forecast: -
    Actual: -
    Period: Sep
    24 - -
    Sep, 26 01:45
    ★★
    Trade Balance
    Trade Balance
    Country:

    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 - and not during the release of data.

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

    Date: Sep, 26 01:45
    Importance: Medium
    Previous: -143M; -4441M
    Forecast: -
    Actual: -
    Period: Aug
    -143M; -4441M - -
    Sep, 26 04:00
    ★★
    ANZ Business Confidence
    ANZ Business Confidence
    Country:

    The results of the ANZ Bank Business survey held among businesses nationwide.

    Date: Sep, 26 04:00
    Importance: Medium
    Previous: -50.3
    Forecast: -
    Actual: -
    Period: Sep
    -50.3 - -
    Sep, 26 11:00
    ZEW-CS Survey (Economic Expectations)
    ZEW-CS Survey (Economic Expectations)
    Country:

    The ZEW-CS Indicator is calculated monthly by the Centre for European Economic Research (ZEW) in cooperation with Credit Suisse (CS). The indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six-month time horizon.

    Date: Sep, 26 11:00
    Importance: Low
    Previous: -14.3
    Forecast: -
    Actual: -
    Period: Sep
    -14.3 - -
    Sep, 26 13:00
    CBI retail sales volume balance
    CBI retail sales volume balance
    Country:

    Level of a diffusion index based on surveyed retailers and wholesalers: above 0 indicates higher sales volume, below indicates lower. This is a survey of about 160 retail and wholesale companies which asks respondents to rate the relative level of current sales volume. It's a leading indicator of consumer spending because retailer and wholesaler sales are directly influenced by consumer buying levels.
     

    Date: Sep, 26 13:00
    Importance: Low
    Previous: 29
    Forecast: -
    Actual: -
    Period: Sep
    29 - -
    Sep, 26 16:00
    SNB Quarterly Bulletin
    SNB Quarterly Bulletin
    Country:
    Tends to have a mild impact because much of the information is released 2 weeks earlier in the Monetary Policy Assessmen.
    Date: Sep, 26 16:00
    Importance: Low
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Sep, 26 16:00
    Leading indicators
    Leading indicators
    Country:

    Movements in these indicators are known to precede larger developments in the rest of the economy.

    The Index includes account inventory ratios, machinery orders, stock prices and other leading economic indicators. As the aggregate of many leading indices the Leading Economic Index provides a forecast of the future state of the domestic economy and is thought to predict activity that will occur 6-9 months after the reporting period.

    The index operates on a 1-100 scale, where a value lower than 50 means that most indictors are negative and a value higher than 50 means most indicators are positive. In both cases a greater distance from the midpoint (50) means that the indicators are more strongly positive or negative.

    Date: Sep, 26 16:00
    Importance: Low
    Previous: 135.6; 1.1% m/m
    Forecast: -
    Actual: -
    Period: Aug
    135.6; 1.1% m/m - -
    Sep, 26 17:00
    ★★
    New Home Sales
    New Home Sales
    Country:

    Records sales of newly constructed residences in the United States. The figure is a timely gauge of housing market conditions counting home sales when initial housing contracts are signed. Because New Home Sales usually trigger a sequence of consumption, they have significant market impact upon release. In addition to the high expenditure of the new home, buyers are likely to spend more money on furnishing customizing and financing their home. Consequently, growth in the housing market spurs more consumption, generating demand for goods, services and the employees who provide them.

    Generally, the housing market is tracked by a number of reports that mark different stages of the construction and home sale process. The first stage is Building Permits, which precede Housing Starts, which lead to Construction Spending, MBA Mortgage Applications and, finally, New Home Sales and Existing Home Sales. As the headline housing figure, New Home Sales are believed to control some of the volatility of other data. For instance, Building Permits and Housing Starts are considered more indicative of business confidence and production rather than consumer spending. And while Existing Home Sales figures are more indicative of consumer expenditures, they are lagging indicators with less predictive value. New Home Sales numbers are considered confirmatory of housing trends and still predictive of consumer spending.

    New Home Sales is also a good indicator of economic turning points due to its sensitivity to consumer income. Buying a house is always a major expenditure, typically only undertaken when consumers have sufficient savings or are optimistic about future earnings. Historically, when economic conditions slow, New Home Sales are one of the first indicators to reflect the change. By the same token, New Home Sales undergo substantial growth when the economy has emerged from recession and wages have begun to pick up.

    The report headline is the total amount of properties sold.

    Date: Sep, 26 17:00
    Importance: Medium
    Previous: 627K; -1.7% m/m
    Forecast: -
    Actual: -
    Period: Aug
    627K; -1.7% m/m - -
    Sep, 26 21:00
    ★★★
    FOMC Rate Decision
    FOMC Rate Decision
    Country:
    The main interest rates settled by the FOMC are responsible for driving inflation in accordance with the monetary policy adopted by the FED. One of the rates in mind is the overnight borrowing rate and the Federal Reserve’s Cash Rate Target (FRCRT). The latter affects interest rates for consumer loans, mortgages, bonds or others. The actual changes to the interest rates have a direct impact on the US dollar. However, the market expectation, in respect to future monetary policy, plays a part that is even more significant for the market. In such circumstances, any indirect information that provides hints to future FED monetary policy, and thus influences the market expectations in respect to the interest rates, may have a significant impact on the US currency. Typically, an increase of the interest rates, or expectations of such an increase, provide fundamental support to the US dollar. The lower interest rates may have a negative impact on the US currency.
    Date: Sep, 26 21:00
    Importance: High
    Previous: 2.00%
    Forecast: 2.00%
    Actual: -
    Period: Sep
    2.00% 2.00% -
    Sep, 26 21:00
    ★★★
    FOMC Statement
    FOMC Statement
    Country:

    The FOMC usually changes the statement slightly at each release. It's these changes that traders focus on. It's the primary tool the FOMC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes.

    Date: Sep, 26 21:00
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
  • Date
    GMT+03:00
    Event Previous Forecast Actual
    Sep, 26 21:00
    ★★★
    FOMC Economic Projections
    FOMC Economic Projections
    Country:

    Economic projections are collected from each member of the Board of Governors and each Federal Reserve Bank president four times a year, in connection with the Federal Open Market Committee's (FOMC’s) usual two-day meetings (typically held in January, April, June, and November). Several charts and a table that summarize those projections are released at the Chairman's press conference within hours of the meeting. Three weeks later, more detailed information is provided in the Summary of Economic Projections, which is published with the minutes of the FOMC meeting.

    Date: Sep, 26 21:00
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Sep, 26 21:30
    ★★★
    FOMC Press Conference
    FOMC Press Conference
    Country:

    The press conference is about an hour long and has 2 parts - first a prepared statement is read, then the conference is open to press questions. The questions often lead to unscripted answers that create heavy market volatility. The FOMC conference is among the primary methods the Fed uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, along with commentary about economic conditions such as the future growth outlook and inflation. Most importantly, it provides clues regarding future monetary policy.

    Date: Sep, 26 21:30
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Sep, 27 00:00
    ★★★
    Official Cash Rate
    Official Cash Rate
    Country:
    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.
    Date: Sep, 27 00:00
    Importance: High
    Previous: 1.75%
    Forecast: 1.75%
    Actual: -
    Period: Sep
    1.75% 1.75% -
    Sep, 27 00:00
    ★★★
    RBNZ Rate Statement
    RBNZ Rate Statement
    Country:

    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.

    Date: Sep, 27 00:00
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Sep, 27 00:00
    ★★
    RBNZ Monetary Policy Statement
    RBNZ Monetary Policy Statement
    Country:

    The RBNZ is issued regarding the recent decision on interest rates and is required to include all details on how the bank will achieve its inflation targets and how it intends on achieving its recent monetary policy decisions.

    Date: Sep, 27 00:00
    Importance: Medium
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Sep, 27 01:00
    ★★★
    RBNZ Press Conference
    RBNZ Press Conference
    Country:

    Reserve Bank of New Zealand press conference. The Bank's press conference summarizes the main points of the assessment of the current situation, both in New Zealand itself and outside it. Traders and investors are trying to catch the hints of changing the current rate, that is, raising or lowering the rate, or maintaining the status quo. Unexpected comments can cause very serious movements.

    Date: Sep, 27 01:00
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
Powered by InstaForex