DateTime
stringdate 2007-01-01 04:30:00+0330
2025-04-07 21:30:00+0330
| Currency
stringclasses 10
values | Impact
stringclasses 4
values | Event
stringclasses 593
values | Actual
stringlengths 1
9
⌀ | Forecast
stringlengths 1
8
⌀ | Previous
stringlengths 1
9
⌀ | Detail
stringlengths 106
1.37k
⌀ |
|---|---|---|---|---|---|---|---|
2007-09-05T12:30:00+03:30
|
EUR
|
Low Impact Expected
|
Retail Sales m/m
|
0.1%
|
0.4%
|
0.6%
|
Source: Eurostat (latest release) | Measures: Change in the total value of inflation-adjusted sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Oct 3, 2007 | FF Notes: Tends to have a relatively muted impact because Germany and France, which account for about half of the Eurozone's economy, release earlier consumer spending data; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
|
2007-09-05T13:00:00+03:30
|
GBP
|
Low Impact Expected
|
BRC Shop Price Index y/y
|
0.4%
| null |
0.6%
|
Source: British Retail Consortium (latest release) | Measures: Change in the price of goods purchased at BRC-member retail stores; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the last Wednesday of the current month; | Next Release: Oct 3, 2007 | FF Notes: Leads the government-released consumer inflation data by about 10 days, but has a narrower scope as it only includes goods purchased from retailers who belong to the BRC. This data is usually released 1 day before the Bank of England interest rate decision. Full reports are only available to BRC subscribers; | Acro Expand: British Retail Consortium (BRC);
|
2007-09-05T15:00:00+03:30
|
USD
|
Low Impact Expected
|
Challenger Job Cuts y/y
|
15.4%
| null |
-25.8%
|
Source: Challenger, Gray & Christmas, Inc. (latest release) | Measures: Change in the number of job cuts announced by employers; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the first Thursday after the month ends; | Next Release: Oct 3, 2007 | FF Notes: It's extremely early data, but historically has limited short-term correlation with overall labor conditions; | Also Called: Job Cut Announcements;
|
2007-09-05T15:45:00+03:30
|
USD
|
Medium Impact Expected
|
ADP Non-Farm Employment Change
|
38K
|
82K
|
41K
|
Source: Automatic Data Processing, Inc. (latest release) | Measures: Estimated change in the number of employed people during the previous month, excluding the farming industry and government; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the first Wednesday after the month ends; | Next Release: Oct 3, 2007 | FF Notes: This data provides an early look at employment growth, usually 2 days ahead of the government-released employment data that it's designed to mimic. Source changed series calculation formula in Feb 2007, Dec 2008, and Nov 2012, to better align with government data; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: ADP analyzes payroll data from more than 25 million workers to derive employment growth estimations; | Acro Expand: Automatic Data Processing, Inc. (ADP);
|
2007-09-05T16:30:00+03:30
|
CAD
|
High Impact Expected
|
BOC Rate Statement
| null | null | null |
Source: Bank of Canada (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: Oct 16, 2007 | Why Traders Care: It's the primary tool the BOC uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions; | Also Called: Interest Rate Statement; | Acro Expand: Bank of Canada (BOC);
|
2007-09-05T17:30:00+03:30
|
USD
|
High Impact Expected
|
Pending Home Sales m/m
|
-12.2%
|
-2.0%
|
5.0%
|
Source: National Association of Realtors (latest release) | Measures: Change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 28 days after the month ends; | Next Release: Oct 2, 2007 | FF Notes: This data is released about a week later than Existing Home Sales, but it's more forward-looking as a contract is signed several weeks before the home is counted as sold; | Why Traders Care: It's a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction; | Also Called: Pending Resales;
|
2007-09-05T21:30:00+03:30
|
USD
|
Medium Impact Expected
|
Beige Book
| null | null | null |
Source: Federal Reserve (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: 8 times per year, 2 weeks before each FOMC meeting; | Next Release: Oct 17, 2007 | FF Notes: This analysis is used by the FOMC to help make their next decision on interest rates. However, it tends to produce a mild impact as the FOMC also receives 2 non-public books - the Green Book and the Blue Book - which are widely believed to be more influential to their rate decision; | Derived Via: Anecdotal evidence supplied by the 12 Federal Reserve banks regarding local economic conditions in their district; | Also Called: Current Economic Conditions;
|
2007-09-06T00:00:00+03:30
|
USD
|
High Impact Expected
|
ISM Services PMI
|
55.8
|
54.5
|
55.8
|
Source: Institute for Supply Management (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third business day after the month ends; | Next Release: Oct 3, 2007 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. Source changed series from unadjusted to seasonally adjusted as of January 2001. Source changed series calculation formula as of Feb 2008; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 300 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Also Called: Non-Manufacturing PMI, Non-Manufacturing ISM Report On Business; | Acro Expand: The Institute for Supply Management (ISM), Purchasing Managers' Index (PMI);
|
2007-09-06T00:00:00+03:30
|
USD
|
Low Impact Expected
|
Revised Unit Labor Costs q/q
|
1.4%
|
1.6%
|
2.1%
|
Source: Bureau of Labor Statistics (latest release) | Measures: Annualized change in the price businesses pay for labor, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 65 days after the quarter ends; | Next Release: Dec 5, 2007 | FF Notes: While this is q/q data, it's reported in an annualized format (quarterly change x4). The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released a month apart – Preliminary and Revised. The Preliminary release is the earliest and thus tends to have the most impact;
|
2007-09-06T00:00:00+03:30
|
USD
|
Medium Impact Expected
|
Unemployment Claims
|
318K
|
325K
|
337K
|
Source: Department of Labor (latest release) | Measures: The number of individuals who filed for unemployment insurance for the first time during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, usually on the first Thursday after the week ends; | Next Release: Sep 13, 2007 | FF Notes: This is the nation's earliest economic data. The market impact fluctuates from week to week - there tends to be more focus on the release when traders need to diagnose recent developments, or when the reading is at extremes; | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy; | Also Called: Jobless Claims, Initial Claims;
|
2007-09-06T00:00:00+03:30
|
GBP
|
Low Impact Expected
|
Industrial Production m/m
|
-0.1%
|
0.2%
|
0.0%
|
Source: Office for National Statistics (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 8, 2007 | FF Notes: Mines and utilities make up around 20% of total production, so this data tends to be overshadowed by Manufacturing Production which makes up the other 80%; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings;
|
2007-09-06T00:00:00+03:30
|
USD
|
Medium Impact Expected
|
Revised Nonfarm Productivity q/q
|
2.6%
|
2.4%
|
1.8%
|
Source: Bureau of Labor Statistics (latest release) | Measures: Annualized change in labor efficiency when producing goods and services, excluding the farming industry; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released quarterly, about 65 days after the quarter ends; | Next Release: Dec 5, 2007 | FF Notes: While this is q/q data, it's reported in an annualized format (quarterly change x4). The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released a month apart – Preliminary and Revised. The Preliminary release is the earliest and thus tends to have the most impact; | Why Traders Care: Productivity and labor-related inflation are directly linked - a drop in a worker's productivity is equivalent to a rise in their wage. When businesses pay more for labor the higher costs are usually passed on to the consumer;
|
2007-09-06T00:00:00+03:30
|
GBP
|
High Impact Expected
|
Official Bank Rate
|
5.75%
|
5.75%
|
5.75%
|
Source: Bank of England (latest release) | Measures: Interest rate at which the BOE lends to financial institutions overnight; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled monthly; | Next Release: Oct 4, 2007 | FF Notes: The rate decision is usually priced in the market, so it tends to be overshadowed by the Monetary Policy Summary, which is focused on the future; | Why Traders Care: Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future; | Derived Via: MPC members vote on where to set the rate. The individual votes are published 2 weeks later in the MPC Meeting Minutes; | Also Called: Interest Rates; | Acro Expand: Bank of England (BOE), Monetary Policy Committee (MPC);
|
2007-09-06T00:00:00+03:30
|
EUR
|
High Impact Expected
|
ECB Press Conference
| null | null | null |
Source: European Central Bank (latest release) | Speaker: ECB President and Vice President; | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year, about 45 minutes after the Minimum Bid Rate is announced; | Next Release: Oct 4, 2007 | FF Notes: 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 press conference is webcasted on the ECB website with a slight delay from real-time. Source changed release frequency from monthly to eight times per year as of Jan 2015; | Why Traders Care: It's the primary method the ECB 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, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy; | Also Called: Interest Rate Statement, ECB News Conference; | Acro Expand: European Central Bank (ECB);
|
2007-09-06T00:00:00+03:30
|
AUD
|
Medium Impact Expected
|
Unemployment Rate
|
4.3%
|
4.3%
|
4.3%
|
Source: Australian Bureau of Statistics (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Oct 11, 2007 | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions; | Also Called: Jobless Rate;
|
2007-09-06T00:00:00+03:30
|
USD
|
Medium Impact Expected
|
Mortgage Delinquencies
|
5.12%
| null |
4.84%
|
Source: MBA (latest release) | Measures: Percentage of MBA-represented mortgages which were at least one payment late during the previous quarter; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released quarterly, about 45 days after the quarter ends; | Next Release: Dec 6, 2007 | FF Notes: MBA represents about 80% of all outstanding mortgages. Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released; | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of delinquencies can be an important signal of the housing market's health because it's correlated with home inventories. Lower inventories will spur homebuilders to start new construction; | Acro Expand: Mortgage Bankers Association (MBA);
|
2007-09-06T00:00:00+03:30
|
USD
|
Low Impact Expected
|
Natural Gas Storage
|
36B
|
44B
|
43B
|
Source: Energy Information Administration (latest release) | Measures: Change in the number of cubic feet of natural gas held in underground storage during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, 5 days after the week ends; | Next Release: Sep 13, 2007 | FF Notes: Inventories are used to maintain price stability during supply shortages and periods of increasing demand; | Also Called: Nat Gas Stocks, Nat Gas Inventories, Working Gas; | Acro Expand: Energy Information Administration (EIA);
|
2007-09-06T05:00:00+03:30
|
AUD
|
High Impact Expected
|
Employment Change
|
31.9K
|
18.0K
|
19.0K
|
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the number of employed people during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Oct 11, 2007 | FF Notes: This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;
|
2007-09-06T06:30:00+03:30
|
NZD
|
Low Impact Expected
|
ANZ Commodity Prices m/m
|
1.4%
| null |
4.7%
|
Source: ANZ (latest release) | Measures: Change in the global price of exported commodities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 3 days after the month ends; | Next Release: Oct 4, 2007 | FF Notes: Tends to have a muted impact because the tightly-correlated Australian commodity prices are usually released a few days earlier; | Derived Via: The average price of the nation's main commodity exports are sampled on the global market and then compared to the previous sampling; | Also Called: Commodity Price Index; | Acro Expand: Australia and New Zealand Banking Group (ANZ);
|
2007-09-06T09:15:00+03:30
|
CHF
|
Low Impact Expected
|
Unemployment Rate
|
2.7%
|
2.7%
|
2.7%
|
Source: SECO (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 9 days after the month ends; | Next Release: Oct 8, 2007 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies; | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions; | Also Called: Jobless Rate;
|
2007-09-06T09:30:00+03:30
|
JPY
|
Low Impact Expected
|
Prelim Machine Tool Orders y/y
|
12.3%
| null |
18.8%
|
Source: JMTBA (latest release) | Measures: Change in the total value of new orders placed with machine tool manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 10 days after the month ends; | Next Release: Oct 10, 2007 | FF Notes: There are 2 versions of this report released about a week apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact. The Final is not reported for lack of significance; | Acro Expand: Japan Machine Tool Builders Association (JMTBA);
|
2007-09-06T10:30:00+03:30
|
CHF
|
Low Impact Expected
|
Foreign Currency Reserves
|
47B
| null |
46B
|
Source: Swiss National Bank (latest release) | Measures: Total value of foreign currency reserves held by the SNB; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, on the fifth business day after the month ends; | Next Release: Oct 4, 2007 | Why Traders Care: It provides insight into the SNB's currency market operations, such as how actively they are defending the franc's exchange rate against the euro; | Acro Expand: Swiss National Bank (SNB);
|
2007-09-06T12:00:00+03:30
|
GBP
|
High Impact Expected
|
Manufacturing Production m/m
|
-0.3%
|
0.2%
|
0.1%
|
Source: Office for National Statistics (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 8, 2007 | FF Notes: Manufacturing makes up around 80% of total Industrial Production and tends to dominate the market impact; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Factory production;
|
2007-09-06T12:36:00+03:30
|
EUR
|
Low Impact Expected
|
French 10-y Bond Auction
|
4.35|2.3
| null |
4.67|3.6
|
Source: French Treasury Agency (latest release) | Measures: Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Variable, about 11 times per year; | Next Release: Oct 4, 2007 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted). Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: OATs Auction; | Acro Expand: Obligations Assimilables du Trésor (OAT);
|
2007-09-06T13:30:00+03:30
|
EUR
|
Medium Impact Expected
|
German Factory Orders m/m
|
-7.1%
|
-2.2%
|
5.1%
|
Source: Destatis (latest release) | Measures: Change in the total value of new purchase orders placed with manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Oct 8, 2007 | Why Traders Care: It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders; | Also Called: Industrial Orders, Manufacturing Orders;
|
2007-09-06T14:30:00+03:30
|
GBP
|
High Impact Expected
|
MPC Rate Statement
| null | null | null |
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released with Official Bank Rate when the rate changes; | Next Release: Dec 6, 2007 | FF Notes: Listed as a 'Tentative' event because a statement is usually only issued if the Official Bank Rate or Asset Purchase Facility changes (except under extreme conditions). If a statement is not issued this event will be removed from the calendar immediately following the rate release. If issued, the Tentative mark will be discarded; | Why Traders Care: 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; | Also Called: Interest Rate Statement; | Acro Expand: Monetary Policy Committee (MPC);
|
2007-09-06T15:15:00+03:30
|
EUR
|
Medium Impact Expected
|
Main Refinancing Rate
|
4.00%
|
4.00%
|
4.00%
|
Source: European Central Bank (latest release) | Measures: Interest rate on the main refinancing operations that provide the bulk of liquidity to the banking system; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: Oct 4, 2007 | FF Notes: The rate decision is usually priced into the market, so it tends to be overshadowed by the ECB Press Conference, held 45 minutes later. Source changed release frequency from monthly to eight times per year as of Jan 2015; | Why Traders Care: Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future; | Derived Via: The 6 members of the ECB Executive Board and 15 of the 20 governors of the Euro area central banks vote on where to set the rate, via rotation. The split of votes is not publicly revealed; | Also Called: Interest Rates, Refi Rate, Repo Rate, Minimum Bid Rate; | Acro Expand: European Central Bank (ECB);
|
2007-09-06T16:00:00+03:30
|
CAD
|
Medium Impact Expected
|
Building Permits m/m
|
-11.3%
|
-3.2%
|
0.1%
|
Source: Statistics Canada (latest release) | Measures: Change in the total value of new building permits issued; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Oct 4, 2007 | Why Traders Care: It's an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building;
|
2007-09-06T17:30:00+03:30
|
CAD
|
High Impact Expected
|
Ivey PMI
|
58.5
|
56.9
|
54.6
|
Source: Richard Ivey School of Business (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 5 days after the month ends; | Next Release: Oct 4, 2007 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. Source changed series from non-seasonally adjusted to seasonally adjusted as of Mar 2011; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 175 purchasing managers, selected geographically and by sector of activity to match the economy as a whole, which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
|
2007-09-06T18:00:00+03:30
|
USD
|
Low Impact Expected
|
Crude Oil Inventories
|
-4.0M
|
-2.1M
|
-3.5M
|
Source: Energy Information Administration (latest release) | Measures: Change in the number of barrels of crude oil held in inventory by commercial firms during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, 4 days after the week ends; | Next Release: Sep 12, 2007 | FF Notes: While this is a US indicator, it most affects the loonie due to Canada's sizable energy sector; | Why Traders Care: It's the primary gauge of supply and demand imbalances in the market, which can lead to changes in production levels and price volatility; | Also Called: Crude Stocks, Crude Levels; | Acro Expand: Energy Information Administration (EIA);
|
2007-09-06T19:00:00+03:30
|
USD
|
Medium Impact Expected
|
FOMC Member Kroszner Speaks
| null | null | null |
Description: Due to deliver a speech titled "Analyzing and Assessing Financial Crises" at the San Francisco Fed's Asian Banking Conference, in San Francisco; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Randall Kroszner; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Oct 11, 2007 | FF Notes: FOMC voting member Mar 2006 - Jan 2009; | Why Traders Care: 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;
|
2007-09-07T00:00:00+03:30
|
CAD
|
High Impact Expected
|
Unemployment Rate
|
6.0%
|
6.1%
|
6.0%
|
Source: Statistics Canada (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 8 days after the month ends; | Next Release: Oct 5, 2007 | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions; | Also Called: Jobless Rate;
|
2007-09-07T00:00:00+03:30
|
USD
|
High Impact Expected
|
Unemployment Rate
|
4.6%
|
4.6%
|
4.6%
|
Source: Bureau of Labor Statistics (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the first Friday after the month ends; | Next Release: Oct 5, 2007 | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy; | Also Called: Jobless Rate;
|
2007-09-07T00:00:00+03:30
|
USD
|
Medium Impact Expected
|
Average Hourly Earnings m/m
|
0.3%
|
0.3%
|
0.3%
|
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price businesses pay for labor, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the first Friday after the month ends; | Next Release: Oct 5, 2007 | FF Notes: This is the earliest data related to labor inflation. Source changed series calculation formula as of Feb 2010; | Why Traders Care: It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer;
|
2007-09-07T02:31:00+03:30
|
GBP
|
Low Impact Expected
|
NIESR GDP Estimate
|
0.7%
| null |
0.8%
|
Source: NIESR (latest release) | Measures: Change in the estimated value of all goods and services produced by the economy during the previous 3 months; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 10 days after the month ends; | Next Release: Oct 9, 2007 | FF Notes: NIESR estimates GDP data on a monthly basis in an effort to predict the quarterly government-released data. Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Acro Expand: National Institute of Economic and Social Research (NIESR), Gross Domestic Product (GDP);
|
2007-09-07T03:00:00+03:30
|
AUD
|
Low Impact Expected
|
AIG Construction Index
|
48.4
| null |
48.8
|
Source: Australian Industry Group (latest release) | Measures: Level of a diffusion index based on surveyed construction companies; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third business day after the month ends; | Next Release: Oct 8, 2007 | FF Notes: Source discontinued this data in Dec 2022; | Derived Via: Survey of about 200 construction companies which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Also Called: Performance of Construction Index; | Acro Expand: Australian Industry Group (AIG);
|
2007-09-07T08:30:00+03:30
|
JPY
|
Low Impact Expected
|
Leading Indicators
|
70.0%
|
70.0%
|
72.7%
|
Source: Cabinet Office (latest release) | Measures: Level of a composite index based on 11 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Oct 5, 2007 | FF Notes: 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 20 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 and changed series calculation formula as of Jul 2023; | Derived Via: Combined reading of 11 economic indicators related to employment, production, new orders, consumer confidence, housing, stock prices, money supply, and interest rate spreads;
|
2007-09-07T09:30:00+03:30
|
EUR
|
Low Impact Expected
|
German Trade Balance
|
16.5B
|
15.5B
|
15.0B
|
Source: Destatis (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 9, 2007 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: Foreign Trade;
|
2007-09-07T10:15:00+03:30
|
EUR
|
Low Impact Expected
|
French Gov Budget Balance
|
-47.4B
| null |
-29.7B
|
Source: French Treasury Agency (latest release) | Measures: Difference in value between the central government's income and spending for the year-to-date; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Oct 10, 2007 | FF Notes: A positive number indicates a budget surplus, a negative number indicates a deficit. Due to the year-to-date format, the data released in Feb covers the entire preceding year's budget, while the Mar release only covers the first month of the current year; | Also Called: General Budget Outcome;
|
2007-09-07T10:20:00+03:30
|
EUR
|
Medium Impact Expected
|
ECB President Trichet Speaks
| null | null | null |
Description: Due to speak about euro area and its monetary policy at the 'ECB and Its Watchers IX' conference, in Frankfurt; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Sep 8, 2007 | FF Notes: ECB President Nov 2003 - Oct 2011. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; | Acro Expand: European Central Bank (ECB);
|
2007-09-07T13:30:00+03:30
|
EUR
|
Medium Impact Expected
|
German Industrial Production m/m
|
0.1%
|
0.8%
|
-0.2%
|
Source: Destatis (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 9, 2007 | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Industrial Output;
|
2007-09-07T14:30:00+03:30
|
CAD
|
High Impact Expected
|
Employment Change
|
23.3K
|
15.3K
|
11.3K
|
Source: Statistics Canada (latest release) | Measures: Change in the number of employed people during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 8 days after the month ends; | Next Release: Oct 5, 2007 | FF Notes: This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;
|
2007-09-07T16:00:00+03:30
|
USD
|
High Impact Expected
|
Non-Farm Employment Change
|
-4K
|
110K
|
68K
|
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the number of employed people during the previous month, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the first Friday after the month ends; | Next Release: Oct 5, 2007 | FF Notes: This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Also Called: Non-Farm Payrolls, NFP, Employment Change;
|
2007-09-07T17:30:00+03:30
|
USD
|
Low Impact Expected
|
Final Wholesale Inventories m/m
|
0.2%
|
0.5%
|
0.3%
|
Source: Census Bureau (latest release) | Measures: Change in the total value of goods held in inventory by wholesalers; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 10, 2007 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this indicator released about a week apart - Preliminary and Final. The Preliminary release, which the source first reported in Aug 2016, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a signal of future business spending because companies are more likely to purchase goods once they have depleted inventories;
|
2007-09-08T16:30:00+03:30
|
EUR
|
Medium Impact Expected
|
ECB President Trichet Speaks
| null | null | null |
Description: Due to speak at the 33rd edition of the Villa d’Este Forum, in Italy; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Sep 10, 2007 | FF Notes: ECB President Nov 2003 - Oct 2011. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; | Acro Expand: European Central Bank (ECB);
|
2007-09-10T00:00:00+03:30
|
NZD
|
Low Impact Expected
|
PPI Output q/q
|
1.2%
|
1.1%
|
-0.2%
|
Source: Statistics New Zealand (latest release) | Measures: Change in the price of goods sold by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 50 days after the quarter ends; | Next Release: Nov 14, 2007 | FF Notes: Only includes goods produced domestically; | Also Called: Factory Gate Prices; | Acro Expand: Producer Price Index (PPI);
|
2007-09-10T00:00:00+03:30
|
GBP
|
High Impact Expected
|
PPI Input m/m
|
-0.5%
|
-0.3%
|
-0.8%
|
Source: Office for National Statistics (latest release) | Measures: Change in the price of goods and raw materials purchased by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Oct 8, 2007 | Why Traders Care: It's a leading indicator of consumer inflation - when manufacturers pay more for goods the higher costs are usually passed on to the consumer; | Acro Expand: Producer Price Index (PPI), Consumer Price Index (CPI);
|
2007-09-10T00:00:00+03:30
|
JPY
|
Low Impact Expected
|
Final GDP Price Index y/y
|
-0.3%
|
-0.3%
|
-0.3%
|
Source: Cabinet Office (latest release) | Measures: Change in the price of all goods and services included in GDP; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 70 days after the quarter ends; | Next Release: Dec 7, 2007 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. | Also Called: GDP Deflator; | Acro Expand: Gross Domestic Product (GDP);
|
2007-09-10T00:00:00+03:30
|
JPY
|
Low Impact Expected
|
M2 Money Stock y/y
|
1.8%
|
2.0%
|
2.0%
|
Source: Bank of Japan (latest release) | Measures: Change in the total quantity of domestic currency in circulation and deposited in banks; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Oct 11, 2007 | FF Notes: Much of this data is released in the Monetary Base report about a week earlier; | Why Traders Care: It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation;
|
2007-09-10T00:00:00+03:30
|
GBP
|
Low Impact Expected
|
ONS HPI y/y
|
12.4%
|
11.5%
|
12.1%
|
Source: Office for National Statistics (latest release) | Measures: Change in the selling price of homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Oct 15, 2007 | FF Notes: Source discontinued this data in May 2016; | Acro Expand: House Price Index (HPI), Office for National Statistics (ONS);
|
2007-09-10T00:00:00+03:30
|
GBP
|
Low Impact Expected
|
PPI Output m/m
|
0.1%
|
0.2%
|
0.3%
|
Source: Office for National Statistics (latest release) | Measures: Change in the price of goods sold by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Oct 8, 2007 | FF Notes: Only includes goods produced domestically; | Also Called: Factory Gate Prices; | Acro Expand: Producer Price Index (PPI);
|
2007-09-10T00:00:00+03:30
|
JPY
|
Low Impact Expected
|
Bank Lending y/y
|
0.5%
| null |
0.3%
|
Source: Bank of Japan (latest release) | Measures: Change in the total value of outstanding bank loans issued to consumers and businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 9 days after the month ends; | Next Release: Oct 11, 2007 | Why Traders Care: Borrowing and spending are positively correlated - consumers and businesses tend to seek credit when they are confident in their future financial position and feel comfortable spending money;
|
2007-09-10T02:15:00+03:30
|
NZD
|
High Impact Expected
|
PPI Input q/q
|
1.3%
|
1.1%
|
-1.5%
|
Source: Statistics New Zealand (latest release) | Measures: Change in the price of goods and raw materials purchased by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 50 days after the quarter ends; | Next Release: Nov 14, 2007 | Why Traders Care: It's a leading indicator of consumer inflation - when manufacturers pay more for goods the higher costs are usually passed on to the consumer; | Acro Expand: Producer Price Index (PPI);
|
2007-09-10T03:20:00+03:30
|
JPY
|
Medium Impact Expected
|
Final GDP q/q
|
-0.3%
|
-0.2%
|
0.1%
|
Source: Cabinet Office (latest release) | Measures: Change in the inflation-adjusted value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 70 days after the quarter ends; | Next Release: Dec 7, 2007 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of GDP released about a month apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact. Source changed series calculation formula as of Dec 2004, Aug 2002, and Dec 2000; | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Acro Expand: Gross Domestic Product (GDP);
|
2007-09-10T05:00:00+03:30
|
AUD
|
Medium Impact Expected
|
Home Loans m/m
|
-4.1%
|
-2.0%
|
0.8%
|
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the number of new loans granted for owner-occupied homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 10, 2007 | FF Notes: Source discontinued this data in Nov 2019; | Why Traders Care: It's a leading indicator of demand in the housing market - most homes are financed, so it provides an excellent gauge of how many qualified buyers are entering the market; | Also Called: Dwelling Finance Commitments;
|
2007-09-10T05:30:00+03:30
|
CNY
|
Medium Impact Expected
|
PPI y/y
|
2.6%
|
2.5%
|
2.4%
|
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the price of goods purchased and sold by producers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually about 10 days after the month ends; | Next Release: Oct 25, 2007 | Why Traders Care: It's a leading indicator of consumer inflation - when producers pay and charge more for goods the higher costs are usually passed on to the consumer; | Acro Expand: Producer Price Index (PPI);
|
2007-09-10T08:30:00+03:30
|
JPY
|
Low Impact Expected
|
Economy Watchers Sentiment
|
44.1
|
44.3
|
44.7
|
Source: Cabinet Office (latest release) | Measures: Level of a diffusion index based on surveyed workers who directly observe consumer spending by virtue of their job; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 9 days after the month ends; | Next Release: Oct 9, 2007 | FF Notes: Above 50.0 indicates optimism, below indicates pessimism; | Derived Via: Survey of about 2,050 workers which asks respondents to rate the relative level of current economic conditions; | Also Called: Eco Watchers Current Index;
|
2007-09-10T10:15:00+03:30
|
EUR
|
Medium Impact Expected
|
French Industrial Production m/m
|
1.3%
|
0.4%
|
-0.6%
|
Source: INSEE (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 10, 2007 | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Industrial Output;
|
2007-09-10T12:00:00+03:30
|
EUR
|
Low Impact Expected
|
Sentix Investor Confidence
|
18.1
|
18.6
|
26.3
|
Source: Sentix (latest release) | Measures: Level of a diffusion index based on surveyed investors and analysts; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first or second Monday of the current month; | Next Release: Oct 8, 2007 | FF Notes: Above 0.0 indicates optimism, below indicates pessimism; | Why Traders Care: It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity; | Derived Via: Survey of about 6,600 investors and analysts which asks respondents to rate the relative 6-month economic outlook for the Eurozone;
|
2007-09-10T15:15:00+03:30
|
EUR
|
Medium Impact Expected
|
ECB President Trichet Speaks
| null | null | null |
Description: Due to speak at the bi-monthly Bank for International Settlements (BIS) meeting, in Basel; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Sep 11, 2007 | FF Notes: ECB President Nov 2003 - Oct 2011. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; | Acro Expand: European Central Bank (ECB);
|
2007-09-10T22:30:00+03:30
|
USD
|
Low Impact Expected
|
Consumer Credit m/m
|
7.5B
|
8.8B
|
11.9B
|
Source: Federal Reserve (latest release) | Measures: Change in the total value of outstanding consumer credit that requires installment payments; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Oct 5, 2007 | Why Traders Care: It's correlated with consumer spending and confidence - rising debt levels are a sign that lenders feel comfortable issuing loans, and that consumers are confident in their financial position and eager to spend money;
|
2007-09-11T00:00:00+03:30
|
USD
|
High Impact Expected
|
Trade Balance
|
-59.2B
|
-59.0B
|
-59.4B
|
Source: Bureau of Economic Analysis (latest release) | Measures: Difference in value between imported and exported goods and services during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Oct 11, 2007 | FF Notes: The goods portion has a muted impact because it's a duplicate of the Goods Trade Balance data released about 5 days earlier. A positive number indicates that more goods and services were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: International Trade in Goods and Services;
|
2007-09-11T00:00:00+03:30
|
CAD
|
Low Impact Expected
|
NHPI m/m
|
0.9%
|
0.5%
|
0.7%
|
Source: Statistics Canada (latest release) | Measures: Change in the selling price of new homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Oct 11, 2007 | Why Traders Care: It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity; | Acro Expand: New Housing Price Index (NHPI);
|
2007-09-11T00:00:00+03:30
|
USD
|
Low Impact Expected
|
RCM/TIPP Economic Optimism
|
48.2
|
47.0
|
49.5
|
Source: RealClearMarkets (latest release) | Measures: Level of a diffusion index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the start of the current month; | Next Release: Oct 9, 2007 | FF Notes: Above 50.0 indicates optimism, below indicates pessimism. Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Derived Via: Survey of about 1,500 consumers which asks respondents to rate the relative level of economic conditions including six-month economic outlook, personal financial outlook, and confidence in federal economic policies; | Also Called: RCM/TIPP Consumer Confidence; | Acro Expand: RealClearMarkets (RCM), TechnoMetrica Institute of Policy and Politics (TIPP);
|
2007-09-11T02:15:00+03:30
|
NZD
|
Low Impact Expected
|
Overseas Trade Index q/q
|
0.6%
|
3.5%
|
1.6%
|
Source: Statistics New Zealand (latest release) | Measures: Change in the price of internationally traded goods; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 60 days after the quarter ends; | Next Release: Dec 11, 2007 | FF Notes: Calculates the volume of imports that can be purchased with an equal volume of exports; | Also Called: Terms of Trade Index, Overseas Merchandise Trade Index;
|
2007-09-11T03:00:00+03:30
|
USD
|
Medium Impact Expected
|
FOMC Member Mishkin Speaks
| null | null | null |
Description: Due to speak about the US economic outlook at the New York University, in New York. Audience questions expected; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Frederic Mishkin; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Sep 21, 2007 | FF Notes: FOMC voting member Sep 2006 - Aug 2008; | Why Traders Care: 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;
|
2007-09-11T03:20:00+03:30
|
JPY
|
Medium Impact Expected
|
Core Machinery Orders m/m
|
17.0%
|
5.2%
|
-10.4%
|
Source: Cabinet Office (latest release) | Measures: Change in the total value of new private-sector purchase orders placed with manufacturers for machines, excluding ships and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 11, 2007 | Why Traders Care: It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders; | Also Called: Machine Orders;
|
2007-09-11T05:00:00+03:30
|
AUD
|
Low Impact Expected
|
NAB Business Confidence
|
10
| null |
12
|
Source: National Australia Bank Limited (latest release) | Measures: Level of a diffusion index based on surveyed businesses, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Oct 9, 2007 | FF Notes: Above 0 indicates improving conditions, below indicates worsening conditions. There's a quarterly and monthly version of this survey - although the monthly survey is more timely and tends to have greater impact, the quarterly version has a larger sample size and additional questions regarding expectations; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 350 businesses which asks respondents to rate the relative level of current business conditions; | Acro Expand: National Australia Bank (NAB);
|
2007-09-11T05:30:00+03:30
|
CNY
|
Medium Impact Expected
|
CPI y/y
|
6.5%
|
5.8%
|
5.6%
|
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually about 10 days after the month ends; | Next Release: Oct 25, 2007 | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to respond by raising interest rates; | Derived Via: The average price of various goods and services are sampled and then compared to the sampling done a year earlier; | Acro Expand: Consumer Price Index (CPI);
|
2007-09-11T07:30:00+03:30
|
CNY
|
High Impact Expected
|
USD-Denominated Trade Balance
|
25.0B
|
25.6B
|
24.4B
|
Source: CGAC | Measures: Trade Balance in US Dollars terms; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 10 days after the month ends; | Next Release: Oct 12, 2007 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released. Tends to have a muted impact because similar insights are included with the Yuan-denominated Trade Balance, released about an hour earlier; | Acro Expand: Customs General Administration of China (CGAC);
|
2007-09-11T09:30:00+03:30
|
EUR
|
Low Impact Expected
|
German WPI m/m
|
0.5%
|
0.4%
|
0.4%
|
Source: Destatis (latest release) | Measures: Change in the price of goods sold by wholesalers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 12 days after the month ends; | Next Release: Oct 11, 2007 | Why Traders Care: It's a leading indicator of consumer inflation - when wholesalers charge more for goods and services the higher costs are usually passed on to the consumer; | Acro Expand: Wholesale Price Index (WPI);
|
2007-09-11T10:15:00+03:30
|
EUR
|
Low Impact Expected
|
French Trade Balance
|
-3.3B
|
-3.0B
|
-3.1B
|
Source: Ministry for the Economy and Finance (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Oct 9, 2007 | FF Notes: A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: Foreign Trade;
|
2007-09-11T12:00:00+03:30
|
GBP
|
Medium Impact Expected
|
Goods Trade Balance
|
-7.1B
|
-6.4B
|
-6.5B
|
Source: Office for National Statistics (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 9, 2007 | FF Notes: A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: Visible Trade Balance;
|
2007-09-11T15:00:00+03:30
|
USD
|
Low Impact Expected
|
NFIB Small Business Index
|
96.3
| null |
97.6
|
Source: NFIB (latest release) | Measures: Level of a composite index based on surveyed small businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the second Tuesday after the month ends; | Next Release: Oct 9, 2007 | FF Notes: Small Businesses are defined as an independent for-profit enterprise that employ between 1 and 250 people, not including the owners; | Derived Via: Survey of small businesses which asks respondents to rate the relative level of economic conditions including labor markets, inventories and sales, capital spending, inflation, earnings and wages, and credit markets; | Acro Expand: National Federation of Independent Business (NFIB);
|
2007-09-11T15:45:00+03:30
|
CAD
|
High Impact Expected
|
Housing Starts
|
227K
|
220K
|
216K
|
Source: CMHC (latest release) | Measures: Annualized number of new residential buildings that began construction during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Oct 9, 2007 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12); | Why Traders Care: It's a leading indicator of economic health because building construction produces a wide-reaching ripple effect. For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder; | Acro Expand: Canada Mortgage and Housing Corporation (CMHC);
|
2007-09-11T16:00:00+03:30
|
CAD
|
High Impact Expected
|
Trade Balance
|
3.7B
|
5.0B
|
4.3B
|
Source: Statistics Canada (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Oct 11, 2007 | FF Notes: A positive number indicates that more goods were exported than imported. About 75% of Canadian exports are purchased by the US; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: International Merchandise Trade;
|
2007-09-11T17:30:00+03:30
|
USD
|
Low Impact Expected
|
JOLTS Job Openings
|
4.23M
| null |
4.28M
|
Source: Bureau of Labor Statistics (latest release) | Measures: Number of job openings during the reported month, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Oct 10, 2007 | FF Notes: It's released late, but can impact the market because job openings are a leading indicator of overall employment; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Acro Expand: Job Openings and Labor Turnover Survey (JOLTS);
|
2007-09-11T17:35:00+03:30
|
EUR
|
High Impact Expected
|
ECB President Trichet Speaks
| null | null | null |
Description: Due to speak about the recent financial market turmoil at the "extraordinary" European Parliament hearing, in Brussels; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Sep 20, 2007 | FF Notes: ECB President Nov 2003 - Oct 2011. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; | Acro Expand: European Central Bank (ECB);
|
2007-09-11T18:00:00+03:30
|
GBP
|
Low Impact Expected
|
CB Leading Index m/m
|
-0.2%
| null |
0.2%
|
Source: The Conference Board Inc. (latest release) | Measures: Change in the level of a composite index based on 7 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Oct 10, 2007 | FF Notes: 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; | Derived Via: Combined reading of 7 economic indicators related to production, new orders, consumer confidence, stock prices, and interest rate spreads; | Also Called: Leading Indicators; | Acro Expand: The Conference Board (CB);
|
2007-09-11T18:30:00+03:30
|
USD
|
High Impact Expected
|
Fed Chairman Bernanke Speaks
| null | null | null |
Description: Due to deliver a speech titled "Global Imbalances: Recent Developments and Prospects" at the Bundesbank Lecture, in Berlin; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Chairman Ben Bernanke; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Sep 24, 2007 | FF Notes: Fed Chairman Feb 2006 - Jan 2014. Fed Governor Feb 2002 - Jan 2014. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Federal Reserve (Fed);
|
2007-09-11T23:59:59+03:30
|
All
|
Medium Impact Expected
|
OPEC Meetings
| null | null | null |
Source: OPEC (latest release) | Frequency: Twice per year; | Next Release: Dec 5, 2007 | FF Notes: OPEC meetings are usually held in Vienna and are attended by representatives from 12 oil-rich nations. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce. The meetings are closed to the press but officials usually talk with reporters throughout the day, and a formal statement covering policy shifts and meeting objectives is released after the meetings have concluded; | Why Traders Care: OPEC nations represent around 40% of the world's oil supply and are unified in their oil production levels. With so much control over oil's supply-side, shifts in their production levels can have a significant impact on oil prices; | Acro Expand: The Organization of Petroleum Exporting Countries (OPEC);
|
2007-09-12T00:00:00+03:30
|
CNY
|
Low Impact Expected
|
M2 Money Supply y/y
|
18.1%
|
18.2%
|
18.5%
|
Source: People's Bank of China (latest release) | Measures: Change in the total quantity of domestic currency in circulation and deposited in banks; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Oct 12, 2007 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released; | Why Traders Care: It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation; | Also Called: Broad Money;
|
2007-09-12T00:00:00+03:30
|
GBP
|
Low Impact Expected
|
Unemployment Rate
|
5.4%
|
5.4%
|
5.4%
|
Source: Office for National Statistics (latest release) | Measures: Percentage of total work force that is unemployed and actively seeking employment during the past 3 months; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Oct 17, 2007 | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy; | Also Called: ILO Unemployment Rate, Jobless Rate;
|
2007-09-12T00:00:00+03:30
|
CNY
|
Low Impact Expected
|
Retail Sales y/y
|
17.1%
|
16.5%
|
16.4%
|
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 15 days after the month ends; | Next Release: Oct 25, 2007 | FF Notes: This is the earliest look at vital consumer spending data. There are 2 versions of this report released about two weeks apart - Prelim and Final. The Final is not reported for lack of significance; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
|
2007-09-12T00:00:00+03:30
|
GBP
|
Medium Impact Expected
|
Claimant Count Change
|
-4.2K
|
-8.0K
|
-6.7K
|
Source: Office for National Statistics (latest release) | Measures: Change in the number of people claiming unemployment-related benefits during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Oct 17, 2007 | FF Notes: It's the first indication of the employment situation, released a month earlier than the Unemployment Rate. Source changed series calculation formula as of Jun 2015; | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy; | Also Called: Jobless Claims, Unemployment Change;
|
2007-09-12T00:00:00+03:30
|
JPY
|
Low Impact Expected
|
PPI y/y
|
1.9%
|
1.7%
|
2.1%
|
Source: Bank of Japan (latest release) | Measures: Change in the price of goods sold by corporations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 12 days after the month ends; | Next Release: Oct 12, 2007 | Why Traders Care: It's a leading indicator of consumer inflation - when corporations raise the price of their goods the higher costs are usually passed on to the consumer; | Also Called: CGPI; | Acro Expand: Producer Price Index (PPI), Corporate Goods Price Index (CGPI);
|
2007-09-12T02:17:00+03:30
|
NZD
|
Low Impact Expected
|
FPI m/m
|
-0.1%
| null |
1.2%
|
Source: Statistics New Zealand (latest release) | Measures: Change in the price of food and food services purchased by households; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Oct 15, 2007 | Why Traders Care: Although food is among the most volatile consumer price components, this indicator garners some attention because New Zealand's major inflation data is released on a quarterly basis; | Acro Expand: Food Price Index (FPI);
|
2007-09-12T03:00:00+03:30
|
AUD
|
Low Impact Expected
|
RBA Annual Report
| null | null | null |
Source: Reserve Bank of Australia (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released annually; | Next Release: Sep 17, 2008 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released. Report provides a summary of the prior year's operations including the bank's open market transactions, financial statements, currency operations, and internal management; | Acro Expand: Reserve Bank of Australia (RBA);
|
2007-09-12T03:20:00+03:30
|
JPY
|
Low Impact Expected
|
Current Account
|
1.75T
|
1.90T
|
2.05T
|
Source: Ministry of Finance (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 11, 2007 | FF Notes: The goods portion has no impact because it's a duplicate of the Trade Balance data released about 20 days earlier; | Why Traders Care: It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the country; | Also Called: Adjusted Current Account;
|
2007-09-12T04:00:00+03:30
|
AUD
|
Low Impact Expected
|
Westpac Consumer Sentiment
|
4.2%
| null |
-8.1%
|
Source: Westpac Banking Corporation (latest release) | Measures: Change in the level of a diffusion index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the second Tuesday of the current month; | Next Release: Oct 10, 2007 | FF Notes: The impact tends to be mild but varies from month to month due to volatility in the data set; | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 1,200 consumers which asks respondents to rate the relative level of past and future economic conditions, employment, and climate for major purchases; | Also Called: Westpac-Melbourne Institute Consumer Sentiment;
|
2007-09-12T05:30:00+03:30
|
CNY
|
Medium Impact Expected
|
New Loans
|
303B
| null |
231B
|
Source: People's Bank of China (latest release) | Measures: Value of new yuan-denominated loans issued to consumers and businesses during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Oct 12, 2007 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released; | Why Traders Care: Borrowing and spending are positively correlated - consumers and businesses tend to seek credit when they are confident in their future financial position and feel comfortable spending money; | Also Called: New Yuan Loans;
|
2007-09-12T08:30:00+03:30
|
JPY
|
Low Impact Expected
|
Consumer Confidence
|
44.0
|
44.0
|
44.4
|
Source: Cabinet Office (latest release) | Measures: Level of a composite index based on surveyed households, excluding single-person homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 3 days after the month ends; | Next Release: Oct 12, 2007 | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 8,400 households which asks respondents to rate the relative level of economic conditions including overall livelihood, income growth, employment, and climate for major purchases; | Also Called: Consumer Mood, Household Confidence;
|
2007-09-12T12:00:00+03:30
|
GBP
|
High Impact Expected
|
Average Earnings Index 3m/y
|
3.5%
|
3.4%
|
3.4%
|
Source: Office for National Statistics (latest release) | Measures: Change in the price businesses and the government pay for labor, including bonuses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Oct 17, 2007 | FF Notes: Data represents the 3-month moving average compared to the same period a year earlier. A figure that excludes bonuses is also released, but not included for lack of significance. Source changed series calculation formula as of Jan 2010; | Why Traders Care: It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer; | Also Called: Average Earnings Including Bonuses;
|
2007-09-12T12:30:00+03:30
|
EUR
|
Medium Impact Expected
|
Industrial Production m/m
|
0.6%
|
0.2%
|
0.0%
|
Source: Eurostat (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Oct 12, 2007 | FF Notes: Tends to have a relatively mild impact because Germany and France, which account for about half of the Eurozone's economy, release earlier production data; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Industrial Output;
|
2007-09-12T18:00:00+03:30
|
USD
|
Low Impact Expected
|
Crude Oil Inventories
|
-7.0M
|
-2.7M
|
-4.0M
|
Source: Energy Information Administration (latest release) | Measures: Change in the number of barrels of crude oil held in inventory by commercial firms during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, 4 days after the week ends; | Next Release: Sep 19, 2007 | FF Notes: While this is a US indicator, it most affects the loonie due to Canada's sizable energy sector; | Why Traders Care: It's the primary gauge of supply and demand imbalances in the market, which can lead to changes in production levels and price volatility; | Also Called: Crude Stocks, Crude Levels; | Acro Expand: Energy Information Administration (EIA);
|
2007-09-13T00:00:00+03:30
|
NZD
|
High Impact Expected
|
RBNZ Press Conference
| null | null | null |
Source: Reserve Bank of New Zealand (latest release) | Speaker: RBNZ Governor; | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled quarterly, at every other Official Cash Rate announcement; | Next Release: Dec 5, 2007 | FF Notes: The press conference is about 30 minutes long and has 2 parts - first a prepared statement is read, then the conference is open to press questions. The questions sometimes lead to unscripted answers that create heavy market volatility. The press conference is webcasted on the RBNZ website real-time; | Why Traders Care: It's among the primary tools the RBNZ uses to communicate with investors about monetary policy. It covers in detail the factors that affected the most recent interest rate decision, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy; | Also Called: Monetary Policy Statement Media Conference; | Acro Expand: Reserve Bank of New Zealand (RBNZ);
|
2007-09-13T00:00:00+03:30
|
EUR
|
Low Impact Expected
|
French Final Private Payrolls q/q
|
0.3%
|
0.0%
|
0.0%
|
Source: INSEE (latest release) | Measures: Change in the number of employed people, excluding the farming industry and government; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: Dec 13, 2007 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this indicator released about a month apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact; | Also Called: Non-Farm Employment, Revised Employment;
|
2007-09-13T00:00:00+03:30
|
NZD
|
High Impact Expected
|
RBNZ Rate Statement
| null | null | null |
Source: Reserve Bank of New Zealand (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 7 times per year; | Next Release: Oct 24, 2007 | Why Traders Care: It's among the primary tools the RBNZ uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions; | Also Called: Policy Assessment, Interest Rate Statement; | Acro Expand: Reserve Bank of New Zealand (RBNZ);
|
2007-09-13T00:00:00+03:30
|
CHF
|
High Impact Expected
|
SNB Monetary Policy Assessment
| null | null | null |
Source: Swiss National Bank (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled quarterly; | Next Release: Dec 13, 2007 | Why Traders Care: It's the primary tool the SNB Governing Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future rate decisions; | Also Called: Interest Rate Statement, SNB Statement; | Acro Expand: Swiss National Bank (SNB);
|
2007-09-13T00:00:00+03:30
|
USD
|
Medium Impact Expected
|
Unemployment Claims
|
319K
|
325K
|
315K
|
Source: Department of Labor (latest release) | Measures: The number of individuals who filed for unemployment insurance for the first time during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, usually on the first Thursday after the week ends; | Next Release: Sep 20, 2007 | FF Notes: This is the nation's earliest economic data. The market impact fluctuates from week to week - there tends to be more focus on the release when traders need to diagnose recent developments, or when the reading is at extremes; | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy; | Also Called: Jobless Claims, Initial Claims;
|
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