Date
GMT+01:00
Event Value
Oct, 07 06:00
Leading Indicators
Leading Indicators
Country:
Date: Oct, 07 06:00
Importance: Low
Previous: 98.9
Forecast: 99.2
Actual: -
Period: Aug
This index is designed to predict the direction of the economy, but it tends to have a muted impact because most of the indicators used in the calculation are released previously. There's a revised version of this indicator released about 10 days later, but it's not included for lack of significance. Source changed series from a diffusion index to a composite index as of Jun 2008. Combined reading of 11 economic indicators related to employment, production, new orders, consumer confidence, housing, stock prices, money supply, and interest rate spreads.
98.9
Oct, 07 06:45
Unemployment Rate
Unemployment Rate
Country:
Date: Oct, 07 06:45
Importance: Low
Previous: 2.1%; 2.0%
Forecast: 2.1%; 2.1%
Actual: -
Period: Sep

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.

High unemployment translates into lower average wages and reduced consumer spending. As consumer spending is the majority of total expenditure, rising unemployment often leads to slow economic growth. In addition, high or rising unemployment puts downward pressure on interest rates and leads to a depreciating Franc.

2.1%; 2.0%
Oct, 07 07:00
Import Price Index
Import Price Index
Country:
Date: Oct, 07 07:00
Importance: Low
Previous: 1.4%; 28.9%
Forecast: 2.2%; 29.9%
Actual: -
Period: Aug

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

1.4%; 28.9%
Oct, 07 07:00
Industrial Production
Industrial Production
Country:
Date: Oct, 07 07:00
Importance: Low
Previous: -0.3%; -1.1%
Forecast: -0.5%; -0.8%
Actual: -
Period: Aug

Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Germany. Industrial production is significant as a short-term indicator of the strength of German industrial activity. High or rising Industrial Production figures suggest increased production and economic expansion, healthy for the Euro. However, uncontrolled levels of production and consumption can spark inflation.

The report is only a preliminary estimate figure that does not move the markets much. The figure is released in headlines as a monthly percent change.

-0.3%; -1.1%
Oct, 07 07:00
Retail Sales
Retail Sales
Country:
Date: Oct, 07 07:00
Importance: Low
Previous: 1.9%; -2.6%
Forecast: -1.0%; -5.1%
Actual: -
Period: Aug

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy since private consumption makes up a large portion of German Gross Domestic Product. 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.

1.9%; -2.6%
Oct, 07 07:00
Halifax House Price Index
Halifax House Price Index
Country:
Date: Oct, 07 07:00
Importance: Low
Previous: 0.4%; 11.5%
Forecast: 0.2%; 9.8%
Actual: -
Period: Sep

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. The Halifax House Price Index is the UK's longest running monthly house price series with data covering the whole country going back to January 1983.

0.4%; 11.5%
Oct, 07 07:45
Trade Balance
Trade Balance
Country:
Date: Oct, 07 07:45
Importance: Low
Previous: -14.5
Forecast: -13.2
Actual: -
Period: Aug

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.

-14.5
Oct, 07 08:00
Foreign Currency Reserves
Foreign Currency Reserves
Country:
Date: Oct, 07 08:00
Importance: Low
Previous: 859.6
Forecast: -
Actual: -
Period: Sep

This is the amount of foreign currency reserves that are held by the Central Bank of a country. In general use, foreign currency reserves also include gold and IMF reserves. Also, people may take into account liquid assets that can easily be converted into foreign currency.

859.6
Oct, 07 09:00
Retail Sales
Retail Sales
Country:
Date: Oct, 07 09:00
Importance: Low
Previous: 1.3%; 4.2%
Forecast: 1.0%; 5.2%
Actual: -
Period: Aug

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.

1.3%; 4.2%
Oct, 07 11:25
★★
BOE Deputy Governor for Markets & Banking Sir David Ramsden Speaks
BOE Deputy Governor for Markets & Banking Sir David Ramsden Speaks
Country:
Date: Oct, 07 11:25
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
BOE MPC 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
Oct, 07 13:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Oct, 07 13:30
Importance: High
Previous: 5.4%
Forecast: 5.4%
Actual: -
Period: Sep

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.

5.4%
Oct, 07 13:30
★★★
Employment Change
Employment Change
Country:
Date: Oct, 07 13:30
Importance: High
Previous: -39.7K
Forecast: 22.5K
Actual: -
Period: Sep

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

-39.7K
Oct, 07 13:30
★★
Part Time Employment Change
Part Time Employment Change
Country:
Date: Oct, 07 13:30
Importance: Medium
Previous: -77.2K; 37.5K
Forecast: -
Actual: -
Period: Sep

modern award usually defines a part-time employee as an employee who is engaged to work less than an average of 38 ordinary hours per week and whose hours of work are reasonably predictable, with a guaranteed minimum number of hours of work. Work is usually performed on regular days of the week. A part-time employee will usually be entitled to the same employment conditions as a full-time employee, but on a pro rata basis compared to the full-time hours (usually 38 per week) prescribed under the applicable industrial instrument.

-77.2K; 37.5K
Oct, 07 13:30
Participation Rate
Participation Rate
Country:
Date: Oct, 07 13:30
Importance: Low
Previous: 64.8%
Forecast: 64.9%
Actual: -
Period: Sep
The participation rate is the percentage of the total number of people of labour-force age (15 years and over) that is in the labour force (either working or looking for work). The data provided by Statistics Canada is monthly and deseasonalized; this eliminates the impact of seasonal variations and makes it possible to compare data throughout the year. A higher than expected reading should be taken as positive/bullish for the CAD , while a lower than expected reading should be taken as negative/bearish for the CAD.
64.8%
Oct, 07 13:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Oct, 07 13:30
Importance: High
Previous: 3.7%
Forecast: 3.7%
Actual: -
Period: Sep

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.

3.7%
Oct, 07 13:30
★★★
Non-Farm Payrolls
Non-Farm Payrolls
Country:
Date: Oct, 07 13:30
Importance: High
Previous: 315K
Forecast: 265K
Actual: -
Period: Sep

One of the most widely anticipated reports on the US economic calendar, the Employment Situation is a timely report that gives a picture of job creation, loss, wages and working hours in the United States. Data in the report relies on the Household Survey and the Establishment (or Payroll) Survey. While the Household Survey is based on the interviews to US households, the Establishment Survey queries business establishments, making it the preferred source of data. The Employment Situation's has many significant figures such as: Change in Non Farm Payrolls, Unemployment, Manufacturing Payrolls, and Average Hourly Earnings.

The headline figures for this report are reported monthly, as the total number of new jobs in thousands (say, 120K new jobs), and the unemployment rate.

Change in Non-farm Payrolls

Monthly change in employment excluding the farming sector. Non-farm payrolls is the most closely watched indicator in the Employment Situation, considered the most comprehensive measure of job creation in the US. Such a distinction makes the NFP figure highly significant, given the importance of labor to the US economy. Specifically, political pressures come into play, as the Fed is responsible for keeping employment in a healthy range and utilizes interest rate changes to do so. A surge in new Non-farm Payrolls suggests rising employment and potential inflation pressures, which the Fed often counters with rate increases. On the other hand, a consistent decline in Non-farm Employment suggests a slowing economy, which makes a decline in rates more likely.

315K
Oct, 07 13:30
★★
Change in Private Payrolls
Change in Private Payrolls
Country:
Date: Oct, 07 13:30
Importance: Medium
Previous: 308K
Forecast: 275K
Actual: -
Period: Sep

Private Nonfarm Payrolls measures the change in the number of total payrolls in any business, excluding general government employees, private household employees, employees of nonprofit organizations that provide assistance to individuals and farm employees.

308K
Oct, 07 13:30
★★
Average Hourly Earnings
Average Hourly Earnings
Country:
Date: Oct, 07 13:30
Importance: Medium
Previous: 0.3%; 5.2%
Forecast: 0.3%; 5.1%
Actual: -
Period: Sep

An indicator of how the average level of pay is changing. The Average Hourly Earnings figure provides insight into future spending and inflation. A High Average Hourly Earnings bodes well for future consumption, as workers have more disposable income. High figures may indicate inflationary pressures due to employee's additional potential to spend. The figure is either measured in hourly or weekly averages or as a percent change from the previous month.

0.3%; 5.2%
Oct, 07 13:30
Participation rate
Participation rate
Country:
Date: Oct, 07 13:30
Importance: Low
Previous: 62.4%
Forecast: 62.2%
Actual: -
Period: Sep

A measure of the active portion of an economy's labor force. The participation rate refers to the number of people who are either employed or are actively looking for work. The number of people who are no longer actively searching for work would not be included in the participation rate. During an economic recession, many workers often get discouraged and stop looking for employment, as a result, the participation rate decreases. The participation rate is an important metric to note when looking at unemployment data because unemployment figures reflect the number of people who are looking for jobs but are unable to secure employment.

62.4%
Oct, 07 15:00
★★
FOMC Member John C. Williams Speaks
FOMC Member John C. Williams Speaks
Country:
Date: Oct, 07 15:00
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -

John C. Williams is President and CEO of the Federal Reserve Bank of San Francisco.

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