Date
GMT+00:00
Event Value
Feb, 19 10:00
★★
ZEW Survey (Econ. Sentiment)
ZEW Survey (Econ. Sentiment)
Country:
Date: Feb, 19 10:00
Importance: Medium
Previous: -20.9
Forecast: -18.2
Actual: -
Period: Feb

The Center for European Economic Research (ZEW), queries financial experts throughout Europe every month in order to make a medium-term forecast about the economic situation. Eurozone ZEW Indicator of Economic Sentiment Assesses future economic expectations for the whole Eurozone. The results are summarized as the number of positive responses minus the number of negative responses. A higher headline figure indicates a positive expectation for Euro-zone economy.

Technical Note on Headline Number : The results of the survey are always presented as the difference between those experts that optimistic and those are pessimistic. For instance if 25 percent of analysts expect improvement, 35 percent expect decline, and 40 percent expect no change, the headline figure is -10.

-20.9
Feb, 19 10:00
★★
ZEW Current Situation
ZEW Current Situation
Country:
Date: Feb, 19 10:00
Importance: Medium
Previous: 27.6
Forecast: 21.0
Actual: -
Period: Feb

A German Firm, the Center for European Economic Research (ZEW), queries financial experts throughout Europe every month in order to make a medium-term forecast about Germany 's economic situation. They ask experts to evaluate the current situation and to predict the future direction of the economy. For all components of the survey, responses are restricted to positive, negative, or unchanged. This simple structure allows the survey to be quick and efficient in terms of turnaround time, as well as easy to understand and interpret.

Unlike the Economic Sentiment Indicator which looks into the future direction of the economy, the Current Situation Indicator focuses on the results of the survey that relate to the current health of the German economy. Expert opinions on whether the current situation is improved, worsened, or unchanged are summarized as the number of positive responses minus the number of negative responses. A higher headline figure indicates a stronger economy and better business climate.

Technical Note on Headline Number : The results of the survey are always presented as the difference between those experts that optimistic and those are pessimistic. For instance if 25 percent of analysts expect improvement, 35 percent expect decline, and 40 percent expect no change, the headline figure is -10.

27.6
Feb, 19 10:00
★★
ZEW Economic Sentiment
ZEW Economic Sentiment
Country:
Date: Feb, 19 10:00
Importance: Medium
Previous: -15.0
Forecast: -14.1
Actual: -
Period: Feb

A German Firm, the Center for European Economic Research (ZEW), queries financial experts throughout Europe every month in order to make a medium-term forecast about Germany 's economic situation. They ask experts to evaluate the current situation and to predict the future direction of the economy. For all components of the survey, responses are restricted to positive, negative, or unchanged. This simple structure allows the survey to be quick and efficient in terms of turnaround time, as well as easy to understand and interpret.

Experts are asked for a qualitative assessment of the direction of inflation, interest rates, exchange rates and the stock market in the next six months. Thus the indicator provides a medium-term forecast for the German economy.

Technical Note on Headline Number : The results of the survey are always presented as the difference between those experts that optimistic and those are pessimistic. For instance if 25 percent of analysts expect improvement, 35 percent expect decline, and 40 percent expect no change, the headline figure is -10.

-15.0
Feb, 19 10:15
Вице-президент ЕЦБ Луис де Гиндос выступит с речью
Вице-президент ЕЦБ Луис де Гиндос выступит с речью
Country:
Date: Feb, 19 10:15
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Вице-президент управляющего совета ЕЦБ Луис де Гиндос (родом из Испании) принимает непосредственное участие в формировании кредитно-денежной политики, поэтому в его выступлениях инвесторы и трейдеры пытаются разглядеть намёки на сохранение текущих ставок или изменение их в будущем. Ястребиный тон в отношении инфляции и приверженность жёсткого курса могут поддержать евро.
Feb, 19 13:50
FOMC Member Loretta Mester Speaks
FOMC Member Loretta Mester Speaks
Country:
Date: Feb, 19 13:50
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Feb, 19 15:00
NAHB Housing Market Index
NAHB Housing Market Index
Country:
Date: Feb, 19 15:00
Importance: Low
Previous: 58
Forecast: 59
Actual: -
Period: Feb

A timely gauge of home sales and expectations for future home building. Based on a small sample of homebuilders, the Housing Market Index is a timely indicator of future US home sales. However, as the index is not as comprehensive as formal housing reports like new home sales or MBA mortgage applications, the index acts more like a supplemental indicator for predicting housing trends.

As such, the NAHB Housing Market Index is still able to provide general insight to where the housing market is heading. Given that new home sales reflect 'big ticket' items that require construction and investment, the housing market is often viewed as an indicator of the direction of the economy as a whole. Growth in the housing market will spur subsequent spending, generating demand for goods and services and the employees who provide them.

The report headline is expressed in percentage change from the previous month. The NAHB Housing Market Index divides the Single-Family Sales data into three categories: Present, Next 6 Months and Prospective Buyers Traffic.

58
Feb, 19 21:45
★★
Producer Price Index
Producer Price Index
Country:
Date: Feb, 19 21:45
Importance: Medium
Previous: 1.4% q/q; 1.5% q/q
Forecast: 1.1% q/q; 0.6% q/q
Actual: -
Period: 4 quarter
In New Zealand, the Producer Price Index measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
1.4% q/q; 1.5% q/q
Feb, 19 23:30
MI Leading Index
MI Leading Index
Country:
Date: Feb, 19 23:30
Importance: Low
Previous: -0.2%
Forecast: -
Actual: -
Period: Jan

A leading indicator for Australian economic activity calculated by Melbourne Institute.

-0.2%
Feb, 19 23:50
Trade Balance
Trade Balance
Country:
Date: Feb, 19 23:50
Importance: Low
Previous: -183.6В; -55.3В
Forecast: 171.1В; -1029.5В
Actual: -
Period: Jan

The difference between the total value of exports and the total value of imports. A positive figure indicates a trade surplus while a negative value represents a trade deficit. Because Japan 's economy is highly export-led, trade data can give critical insight into developments in Japan 's economy and changes into foreign exchange rates.

A surplus reflects capital flowing into Japan in exchange for Japanese exports, and a deficit means that capital is flowing out of Japan as imports are purchased in larger volumes by Japanese consumers. A trade surplus will act as an appreciating weight on the Yen, whereas a trade deficit will place downward pressure on the Yen's value.

Details in the Trade Balance report itself give useful insight into changing trends regarding Japanese trade. Such developments are especially important for the country, which is an export-oriented economy that has historically experienced large trade surpluses. Any affect on this could have dramatic affect on the domestic economy.

The headline figure for trade balance is expressed in millions of Yen and usually accompanied by a year-on-year percentage change figure.

-183.6В; -55.3В
Feb, 20 00:30
★★
Wage Cost Index
Wage Cost Index
Country:
Date: Feb, 20 00:30
Importance: Medium
Previous: 0.6% q/q; 2.3% y/y
Forecast: 0.6% q/q; 2.3% y/y
Actual: -
Period: 4 quarter

Measures quarterly changes in Australian wages. Two versions of the Labor Price Index exist: one which includes bonuses, and one which excludes them. The Labor Price Index is similar to the US Employment Cost Index, an early indicator of wages pressure on inflation. An increase in the index suggests rising inflation pressures because firms tend to eventually pass higher labor costs onto consumers in the form of higher prices.

The headline figure is the quarterly percentage change in the Labor Price Index.

Technical note: The index is constructed by combining 8 separate indexes. The 4 wage price indices are:
• ordinary time hourly rates of pay excluding bonuses index
• ordinary time hourly rates of pay including bonuses index
• total hourly rates of pay excluding bonuses index
• total hourly rates of pay including bonuses index

The 4 non-wage price indices are:
• annual and public holiday leave
• superannuation
• payroll tax
• workers' compensation

0.6% q/q; 2.3% y/y
Feb, 20 07:00
ECB’s Peter Praet Speaks
ECB’s Peter Praet Speaks
Country:
Date: Feb, 20 07:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
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.
Feb, 20 07:00
PPI
PPI
Country:
Date: Feb, 20 07:00
Importance: Low
Previous: -0.4% m/m; 2.7% y/y
Forecast: -0.2% m/m; 2.2% y/y
Actual: -
Period: Jan

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.

-0.4% m/m; 2.7% y/y
Feb, 20 11:00
CBI industrial order books balance
CBI industrial order books balance
Country:
Date: Feb, 20 11:00
Importance: Low
Previous: -1
Forecast: -5
Actual: -
Period: Feb

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

-1
Feb, 20 15:00
Consumer Confidence
Consumer Confidence
Country:
Date: Feb, 20 15:00
Importance: Low
Previous: -7.9
Forecast: -7.7
Actual: -
Period: Feb

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.

-7.9
Feb, 20 15:30
Leading Index (Conference Board)
Leading Index (Conference Board)
Country:
Date: Feb, 20 15:30
Importance: Low
Previous: 106.1; -0.1%
Forecast: -
Actual: -
Period: Dec

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.

106.1; -0.1%
Feb, 20 18:10
FOMC Member Robert Kaplan Speaks
FOMC Member Robert Kaplan Speaks
Country:
Date: Feb, 20 18:10
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Bank of Dallas President Robert Kaplan. 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.
Feb, 20 19:00
★★★
FOMC Meeting Minutes
FOMC Meeting Minutes
Country:
Date: Feb, 20 19:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: Jan

The Federal Open Market Committee (FOMC) Meeting Minutes are a verbatim record of the committee's meeting held about two weeks earlier.

Feb, 20 22:00
PMI Manufacturing (CBA)
PMI Manufacturing (CBA)
Country:
Date: Feb, 20 22:00
Importance: Low
Previous: 51.0
Forecast: -
Actual: -
Period: Feb

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.

51.0
Feb, 20 22:00
PMI Manufacturing (CBA)
PMI Manufacturing (CBA)
Country:
Date: Feb, 20 22:00
Importance: Low
Previous: 51.3
Forecast: -
Actual: -
Period: Feb

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.

51.3
Feb, 20 22:00
PMI Manufacturing (CBA)
PMI Manufacturing (CBA)
Country:
Date: Feb, 20 22:00
Importance: Low
Previous: 53.9
Forecast: -
Actual: -
Period: Feb

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.

53.9
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