Date
GMT+01:00
Event Previous Forecast Actual
Jul, 29 19:30
★★★
FOMC Press Conference
FOMC Press Conference
Country:
Date: Jul, 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.

- - -
Jul, 30 02:00
ANZ Business Confidence
ANZ Business Confidence
Country:
Date: Jul, 30 02:00
Importance: Low
Previous: 36.6
Forecast: -
Actual: -
Period: Jul

The results of the ANZ Bank Business survey held among businesses nationwide.

36.6 - -
Jul, 30 02:30
Building Approvals
Building Approvals
Country:
Date: Jul, 30 02:30
Importance: Low
Previous: -1.1%; 5.3%
Forecast: -0.5%
Actual: -
Period: Jun

The number of domestic building permits granted for the month. Strong growth in new approvals and permits indicates a growing housing market. Because real estate generally leads economic developments - housing tends to thrive at the start of booms and wane at the onset of recession. The figure can be used with others to forecast future growth in the economy as a whole. For this reason Business Approvals is one of eight components used to construct the Conference Board Leading Index, a widely used index to forecast Australia's economic course. A strong housing market also tends to lead consumer spending. The headline number is the seasonally adjusted percentage change in new building approvals from the previous month.

-1.1%; 5.3% -0.5% -
Jul, 30 02:30
Import Price Index
Import Price Index
Country:
Date: Jul, 30 02:30
Importance: Low
Previous: 0.1%
Forecast: 0.0%
Actual: -
Period: 2 quarter

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

0.1% 0.0% -
Jul, 30 06:00
Consumer Confidence
Consumer Confidence
Country:
Date: Jul, 30 06:00
Importance: Low
Previous: 33.8
Forecast: 34.2
Actual: -
Period: Jul

Consumer Confidence is a measure of popular sentiment concerning the Japanese economy. The figure is derived from a survey that asks thousands of Japanese 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 the Japanese 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.

33.8 34.2 -