Date
GMT+01:00
Event Value
Jun, 29 18:00
FOMC Member James Bullard Speaks
FOMC Member James Bullard Speaks
Country:
Date: Jun, 29 18:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: Jun
James Bullard is the chief executive officer and 12th president of the Federal Reserve Bank of St. Louis, positions he has held since 2008. He is currently serving a term that began on March 1, 2011. In 2014, he was named the 7th most influential economist in the world.
Jun, 30 00:01
GfK Consumer Confidence
GfK Consumer Confidence
Country:
Date: Jun, 30 00:01
Importance: Low
Previous: -5
Forecast: -7
Actual: -
Period: Jun

Consumer Confidence measures the level of confidence households have in economic performance. Generally rising consumer confidence acts as a precursor to higher consumer expenditures which drive economic expansion. The report also breaks down results into parts of the economy, giving a detailed picture of the consumer climate in Great Britain. GfK Consumer Confidence is one of the most closely watched surveys. The survey results are quantified into index where 0 represents long term Consumer Confidence averages. The headline figure is expressed in percentage change. On a global basis, the indicator is very important for the economy, as it reflects consumers sentiments which formed the major portion of Great Britain GDP. The survey is conducted monthly by GfK, a market research organization, on behalf of the EU commission.

-5
Jun, 30 00:30
Unemployment Rate
Unemployment Rate
Country:
Date: Jun, 30 00:30
Importance: Low
Previous: 2.8%
Forecast: 2.8%
Actual: -
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.

2.8%
Jun, 30 00:30
Tokyo CPI ex Fresh Food and Energy
Tokyo CPI ex Fresh Food and Energy
Country:
Date: Jun, 30 00:30
Importance: Low
Previous: 0.0% y/y
Forecast: 0.1% y/y
Actual: -
Period: Jun

An indicator of inflation experienced by consumers living in Tokyo, excluding such volatile item as fresh food.

0.0% y/y
Jun, 30 00:30
Tokyo CPI ex Fresh Food
Tokyo CPI ex Fresh Food
Country:
Date: Jun, 30 00:30
Importance: Low
Previous: 0.1% y/y
Forecast: 0.2% y/y
Actual: -
Period: Jun

An indicator of inflation experienced by consumers living in Tokyo, excluding such volatile item as fresh food.

0.1% y/y
Jun, 30 00:30
Tokyo CPI
Tokyo CPI
Country:
Date: Jun, 30 00:30
Importance: Low
Previous: 0.2% y/y
Forecast: 0.3% y/y
Actual: -
Period: Jun

Measures the rate of inflation experienced by consumers living in Tokyo on a fixed basket of goods and services. The change is calculated monthly. This reading is important because it measures the inflation in the country’s largest city. Due to the fact that Tokyo is a smaller population to survey than for the national CPI this figure can be released roughly one month before the national figure. Therefore it is a leading inflationary indicator. The volatile item excluded in a separate derivative of this report is fresh food.

0.2% y/y
Jun, 30 00:30
★★
National CPI ex fresh food and energy
National CPI ex fresh food and energy
Country:
Date: Jun, 30 00:30
Importance: Medium
Previous: 0.0% y/y
Forecast: 0.1% y/y
Actual: -
Period: May

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.

0.0% y/y
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