Date
GMT+00:00
Event Value
Jan, 29 19:00
★★★
FOMC Rate Decision
FOMC Rate Decision
Country:
Date: Jan, 29 19:00
Importance: High
Previous: 1.75%
Forecast: 1.75%
Actual: -
Period: Jan
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.
1.75%
Jan, 29 19:00
★★★
FOMC Statement
FOMC Statement
Country:
Date: Jan, 29 19:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

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.

Jan, 29 19:30
★★★
FOMC Press Conference
FOMC Press Conference
Country:
Date: Jan, 29 19:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

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.

Jan, 29 21:45
★★
Trade Balance
Trade Balance
Country:
Date: Jan, 29 21:45
Importance: Medium
Previous: -753M; -4816M
Forecast: 100M; -4725M
Actual: -
Period: Dec

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.

-753M; -4816M
Jan, 30 00:30
Import Price Index
Import Price Index
Country:
Date: Jan, 30 00:30
Importance: Low
Previous: 0.4%
Forecast: 0.4%
Actual: -
Period: 4 quarter

This index measures changes in the prices of imports into a country per month.

0.4%
Jan, 30 08:00
★★
KOF Economic Barometer
KOF Economic Barometer
Country:
Date: Jan, 30 08:00
Importance: Medium
Previous: 96.4
Forecast: 97.0
Actual: -
Period: Jan

The Swiss KOF Economic Barometer is a leading indicator which measures overall economic activity and is an excellent indicator of the direction of the Swiss economy. The KOF Economic Barometer is one or two quarters ahead of the GDP growth rate of the previous year and thus enables an initial estimate to be made of how the Swiss economy will perform in the next or in the next two quarters.

The Barometer is ultimately adjusted to take account of seasonal fluctuations and random factors. The Barometer is published monthly.

96.4
Jan, 30 08:55
★★
Unemployment Rate
Unemployment Rate
Country:
Date: Jan, 30 08:55
Importance: Medium
Previous: 5.0%
Forecast: 5.0%
Actual: -
Period: Jan

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.

5.0%
Jan, 30 08:55
★★
Unemployment Change
Unemployment Change
Country:
Date: Jan, 30 08:55
Importance: Medium
Previous: 8K
Forecast: 5K
Actual: -
Period: Jan

The indicator shows the number of unemployed people in Germany.

8K
Jan, 30 09:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jan, 30 09:00
Importance: Low
Previous: 9.7%
Forecast: 9.7%
Actual: -
Period: Dec

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.

9.7%
Jan, 30 10:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jan, 30 10:00
Importance: Low
Previous: 7.5%
Forecast: 7.5%
Actual: -
Period: Dec

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.

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.

7.5%
Jan, 30 10:00
10-y Bond Auction
10-y Bond Auction
Country:
Date: Jan, 30 10:00
Importance: Low
Previous: 1.35%; 1.33
Forecast: -
Actual: -
Period: Jan
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.
1.35%; 1.33
Jan, 30 10:00
Consumer Confidence
Consumer Confidence
Country:
Date: Jan, 30 10:00
Importance: Low
Previous: -8.1
Forecast: -8.1
Actual: -
Period: Jan

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.

-8.1
Jan, 30 12:00
★★★
BoE Interest Rate Decision
BoE Interest Rate Decision
Country:
Date: Jan, 30 12:00
Importance: High
Previous: 0.75%
Forecast: 0.75%
Actual: -
Period: Jan

The announcement of whether the Bank of England has increased, decreased or maintained the key interest rate. The BoE meets monthly to decide on monetary policy. After each meeting policy decisions are announced. The main task of the Bank of England's Monetary Policy Committee is to set the monetary stance by fixing the overnight borrowing rate, which is incremental in determining the short-term rates. Through this mechanism, the BoE attempts to affect price levels in order to keep inflation within the target range while maintaining stable economic growth and employment.

The BOE Rate decision has great influence on financial markets. Changes in rates affect interest rates for consumer loans, mortgages, bond, and the exchange rate of the pound. Increases in rates or even expectations of increases tend to cause the pound to appreciate, while rate decreases cause the currency to depreciate.

0.75%
Jan, 30 12:00
★★★
Asset Purchase Facility
Asset Purchase Facility
Country:
Date: Jan, 30 12:00
Importance: High
Previous: 435bln
Forecast: 435bln
Actual: -
Period: Jan

In January 2009, the Chancellor of the Exchequer authorised the Bank to set up an Asset Purchase Facility (APF) to buy high-quality assets financed by the issue of Treasury bills and the DMO’s cash management operations. The aim of the Facility was to improve liquidity in credit markets. To ensure that the Asset Purchase Facility is operated in an open and transparent manner, the Bank will publish a quarterly report on the transactions as part of the facility, shortly after the end of each quarter.

435bln
Jan, 30 12:00
★★★
MPC Official Bank Rate Votes
MPC Official Bank Rate Votes
Country:
Date: Jan, 30 12:00
Importance: High
Previous: 0-2-7
Forecast: 0-3-6
Actual: -
Period: Jan

This indicator shows how the BoE's Monetary Policy Committee voted. Published monthly, 13 days after the decision on interest rate was announced

0-2-7
Jan, 30 12:00
★★★
MPC Asset Purchase Facility Votes
MPC Asset Purchase Facility Votes
Country:
Date: Jan, 30 12:00
Importance: High
Previous: 0-0-9
Forecast: 0-0-9
Actual: -
Period: Jan

The document is published 13 days after the decision is made. It reflects the votes of every MPC member.

0-0-9
Jan, 30 12:00
★★★
Monetary Policy Summary
Monetary Policy Summary
Country:
Date: Jan, 30 12:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
It's among the primary tools the MPC 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.
Jan, 30 12:30
★★★
BOE Governor Mark Carney Speaks
BOE Governor Mark Carney Speaks
Country:
Date: Jan, 30 12:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

Mark Joseph Carney is the current Governor of the Bank of England and the Chairman of the G20's Financial Stability Board. He was also the eighth Governor of the Bank of Canada. Carney achieved these positions by working his way up the ranks of Goldman Sachs, the Canadian Department of Finance, and the Bank of Canada as Deputy Governor.

Jan, 30 13:00
★★
CPI
CPI
Country:
Date: Jan, 30 13:00
Importance: Medium
Previous: 0.5% m/m; 1.5% y/y
Forecast: -0.6% m/m; 1.7% y/y
Actual: -
Period: Jan

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. Simply put, inflation reflects a decline in the purchasing power of the Euro in Germany , where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical German household might purchase. An increase in the index indicates that it takes more Euros to purchase this same set of basic consumer items.

The German CPI is significant as one of the primary gauges of inflation. As the largest Eurozone economy, inflation in Germany will contribute significantly to inflation in the Eurozone and the behavior of the European Central Bank. High or rising inflation acts as a signal to the ECB to raise interest rates, an action which will result in the strengthening of the Euro. The headline figure for CPI is the percentage change in monthly and annualized percentage term.

0.5% m/m; 1.5% y/y
Jan, 30 13:00
★★
Harmonized CPI
Harmonized CPI
Country:
Date: Jan, 30 13:00
Importance: Medium
Previous: 0.6% m/m; 1.5% y/y
Forecast: -0.7% m/m; 1.7% y/y
Actual: -
Period: Jan

The Harmonized Index of Consumer Prices (HICP) reflects changes in the prices of consumer goods and services in a specified period of time. The HICP measures changes of the average price level for goods and services that households consume (the fixed consumer basket). HICP is pure price index. It does not reflect the changes in buying or consumption patterns, brands, and does not reflect the effect of outlet and service provider substitution.

0.6% m/m; 1.5% y/y
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