Date
GMT+00:00
Event Value
Nov, 16 15:00
Construction Spending
Construction Spending
Country:
Date: Nov, 16 15:00
Importance: Low
Previous: -0.1%
Forecast: -0.2%
Actual: -
Period: Aug

Construction Spending gauges the level of construction activity in the United States . The Construction Spending report looks at both residential and non-residential construction. The construction industry makes a significant contribution to the United States GDP in the form of investment expenditure as well as stimulus of industries related to building. Furthermore, since builders are unlikely to pour money into construction projects unless they feel the economy favors their investment, changes in business sentiment like this are usually quickly seen in construction figures. However, the report has little significance for market participants because of its untimely release. By the time the report is announced, other reports, such as Building Permits and Building Starts have already provided similar information.

The report headline is the percentage change from the previous month.

Technical notes: The construction industry is a major force to the United States economy, even without including non-construction businesses that are tied to building, such as finance, the furnishing industry, appliance industry and other manufacturing. Private Construction activity can be an effective indicator of business confidence.

-0.1%
Nov, 14 20:20
FOMC Member Raphael W. Bostic Speaks
FOMC Member Raphael W. Bostic Speaks
Country:
Date: Nov, 14 20:20
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Bank of Atlanta President Raphael Bostic - FOMC voting member 2018. 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. More hawkish than expected is good for currency.
Nov, 14 18:00
Baker Hughes U.S. Rig Count
Baker Hughes U.S. Rig Count
Country:
Date: Nov, 14 18:00
Importance: Low
Previous: 548
Forecast: -
Actual: 549
Period: Nov
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.
549
Nov, 14 15:30
EIA Natural Gas Storage Change
EIA Natural Gas Storage Change
Country:
Date: Nov, 14 15:30
Importance: Low
Previous: 33
Forecast: 34
Actual: 45bln
Period: Nov

Weekly report about natural gas storage change in the USA.

45bln
Nov, 14 13:30
Wholesale Sales
Wholesale Sales
Country:
Date: Nov, 14 13:30
Importance: Low
Previous: -1.0%
Forecast: 0.0%
Actual: 0.6%
Period: Sep

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.

0.6%
Nov, 14 13:30
Manufacturing Shipments
Manufacturing Shipments
Country:
Date: Nov, 14 13:30
Importance: Low
Previous: -1.1%
Forecast: 2.8%
Actual: 3.3%
Period: Sep

CManufacturing Shipments - also known as "shipments of goods of own manufacture" - report the production of goods produced by Canadian establishments in the "Manufacturing Sector (NAICS 31-33)". It measures the Dollar value, not the quantity of manufactured goods produced.

3.3%
Nov, 14 10:00
★★
European Commission Economic Forecasts
European Commission Economic Forecasts
Country:
Date: Nov, 14 10:00
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -

Economic forecasts concentrate on the EU, its individual member states, and the euro area but also include outlooks for some of the world's other major economies, and countries that are candidates for EU membership. ECFIN's forecasts are published three times a year in sync with the EU's annual cycle of economic surveillance procedures, known as the European Semester.

Nov, 14 10:00
Current Account (sa)
Current Account (sa)
Country:
Date: Nov, 14 10:00
Importance: Low
Previous: 10.6bln; 1.9bln
Forecast: 8.8
Actual: 18.7bln; 19.4bln
Period: Sep

  The Current Account summarizes the flow of goods, services, income and transfer payments into and out of the country. The report acts as a line-item record of how the domestic economy interacts with rest of the world. The Current Account is one of the three components that make up a country's Balance of Payments (Financial Account, Capital Account and Current Account), the detailed accounting of all international interactions. Where the other side of the Balance of Payments, Capital and Financial Accounts deal mainly with financial assets and investments, the Current Account gives a detailed breakdown of how the country intermingles with rest of the global economy on a non-investment basis - tracking good and services.

18.7bln; 19.4bln
Nov, 14 10:00
Employment Change
Employment Change
Country:
Date: Nov, 14 10:00
Importance: Low
Previous: 0.1%; 0.6%
Forecast: 0.1%
Actual: 0.1%; 0.5%
Period: 3 quarter

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

0.1%; 0.5%
Nov, 14 10:00
★★
GDP revised
GDP revised
Country:
Date: Nov, 14 10:00
Importance: Medium
Previous: 0.2%; 1.3%
Forecast: 0.2%; 1.3%
Actual: 0.2%; 1.4%
Period: 3 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.

0.2%; 1.4%
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