Date
GMT+01:00
Event Value
May, 06 20:00
Loan Officer Survey
Loan Officer Survey
Country:
Date: May, 06 20:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Quarterly survey of the study of moods and state of affairs among credit institutions in the US, conducted by the Federal Reserve. Published at the end of the first month of each quarter, giving signals about whether the credit conditions have softened or tightened, as well as the demand for loans. Has a low impact on the market.
May, 07 00:01
BRC Retail Sales Monitor
BRC Retail Sales Monitor
Country:
Date: May, 07 00:01
Importance: Low
Previous: 3.2%
Forecast: 1.6%
Actual: -
Period: Apr

The BRCĀ  Retail Sales Monitor is an accurate monthly measure of retail sales performance that acts as both a benchmark for participating retailers and as a key economic indicator.

The RSM measures changes in the actual value of retail sales based on figures supplied directly by participating members. Originally set up at the request of BRC members to benchmark their own business performance against the wider sector, the BRCĀ  Retail Sales Monitor is an authoritative measure on the health of the UK retail sector and the wider economy.

3.2%
May, 07 05:30
★★★
RBA Interest Rate Decision
RBA Interest Rate Decision
Country:
Date: May, 07 05:30
Importance: High
Previous: 4.35%
Forecast: 4.35%
Actual: -
Period: May
The Reserve Bank sets the target 'cash rate', which is the market interest rate on overnight funds. It uses this as the instrument for monetary policy, and influences the cash rate through its financial market operations. Decisions regarding the cash rate target are made by the Reserve Bank Board and explained in a media release announcing the decision at 2.30 pm after each Board meeting.
4.35%
May, 07 05:30
★★★
RBA Monetary Policy Statement
RBA Monetary Policy Statement
Country:
Date: May, 07 05:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The RBA Monetary Policy Statement released by the Reserve bank of Australia reviews economic and financial conditions, determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. It is considered as a clear guide to the future RBA interest rate policy. Any changes in this report affect the AUD volatility. If the RBA statement shows a hawkish outlook, that is seen as positive (or bullish) for the AUD, while a dovish outlook is seen as negatvie (or bearish).

May, 07 06:45
Unemployment Rate
Unemployment Rate
Country:
Date: May, 07 06:45
Importance: Low
Previous: 2.3%; 2.4%
Forecast: 2.3%
Actual: -
Period: Apr

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.

2.3%; 2.4%
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