Datasets:
Ehsanrs2
/
Forex_Factory_Calendar

Dataset card Data Studio Files
xet
Community
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DateTime
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2007-01-01 04:30:00+0330
2025-04-07 21:30:00+0330
Currency
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10 values
Impact
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4 values
Event
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593 values
Actual
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1
9
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Forecast
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1
8
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Previous
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1
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Detail
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2007-11-13T05:30:00+03:30
CNY
Medium Impact Expected
CPI y/y
6.5%
6.3%
6.2%
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: Dec 11, 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);
2007-11-13T07:00:00+03:30
JPY
Medium Impact Expected
Overnight Call Rate
0.50%
0.50%
0.50%
Source: Bank of Japan (latest release) | Measures: Interest rate at which the BOJ rediscounts bills and extends loans to financial institutions; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Variable, about 14 times per year; | Next Release: Dec 20, 2007 | FF Notes: This rate was the BOJ's main operating target from Mar 2006 until it was discontinued in Apr 2013; | 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: BOJ Policy Board members come to a consensus on where to set the rate; | Also Called: Interest Rates; | Acro Expand: Bank of Japan (BOJ);
2007-11-13T09:30:00+03:30
JPY
Low Impact Expected
BOJ Monthly Report
null
null
null
Source: Bank of Japan (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly; | Next Release: Dec 20, 2007 | FF Notes: Source discontinued this report in Dec 2015; | Why Traders Care: It contains the statistical data that the BOJ Policy Board members evaluated when making the latest interest rate decision, and provides detailed analysis of current and future economic conditions from the bank's viewpoint; | Also Called: Monthly Report of Recent Economic and Financial Developments; | Acro Expand: Bank of Japan (BOJ);
2007-11-13T10:53:00+03:30
JPY
High Impact Expected
BOJ Press Conference
null
null
null
Source: Bank of Japan | Speaker: BOJ Governor; | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: Dec 20, 2007 | FF Notes: Source does not give an exact start time - this event will be listed as 'Tentative' until the press conference starts. Source changed release frequency from about 14 times per year to eight times per year as of Jan 2016; | Why Traders Care: It's among the primary methods the BOJ uses to communicate with investors regarding monetary policy. It covers the factors that affected the most recent interest rate decision, the overall economic outlook, inflation, and clues regarding future monetary policy; | Also Called: Interest Rate Press Conference; | Acro Expand: Bank of Japan (BOJ);
2007-11-13T11:15:00+03:30
EUR
Low Impact Expected
French Final CPI m/m
0.2%
0.2%
0.1%
Source: INSEE (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, about 13 days after the month 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 CPI released about 15 days apart - Preliminary and Final. The Preliminary release, which the source first reported in Jan 2016, is the earliest and thus tends to have the most impact. This is one of the few non-seasonally adjusted numbers reported on the calendar, as it's the primary calculation for this indicator; | Acro Expand: Consumer Price Index (CPI);
2007-11-13T11:30:00+03:30
EUR
Low Impact Expected
Spanish Flash GDP q/q
0.7%
0.7%
0.9%
Source: National Statistics Institute (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 30 days after the quarter ends; | Next Release: Feb 14, 2008 | FF Notes: There are 2 versions of GDP released about 20 days apart - Flash and Final. The Flash release is the earliest and thus tends to have the most impact. The Final is not reported for lack of significance; | 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);
2007-11-13T12:30:00+03:30
EUR
Low Impact Expected
Italian Prelim GDP q/q
0.4%
0.3%
0.1%
Source: Istat (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 30 days after the quarter ends; | Next Release: Feb 29, 2008 | FF Notes: Data is prone to early leaks by news agencies. Leaks will be reported on the calendar but will be retracted if deemed incorrect. There are 2 versions of GDP released about 25 days 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; | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Also Called: Preliminary GDP Estimate; | Acro Expand: Gross Domestic Product (GDP);
2007-11-13T13:00:00+03:30
GBP
High Impact Expected
CPI y/y
2.1%
1.9%
1.8%
Source: Office for National Statistics (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, about 16 days after the month ends; | Next Release: Dec 18, 2007 | FF Notes: This is considered the UK's most important inflation data because it's used as the central bank's inflation target; | 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 raise interest rates out of respect for their inflation containment mandate; | 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);
2007-11-13T13:30:00+03:30
EUR
Medium Impact Expected
Industrial Production m/m
-0.7%
-0.3%
1.2%
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: Dec 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;
2007-11-13T16:00:00+03:30
USD
Low Impact Expected
NFIB Small Business Index
96.2
null
97.3
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: Dec 11, 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);
2007-11-13T17:30:00+03:30
USD
Low Impact Expected
FOMC Member Kroszner Speaks
null
null
null
Description: Due to speak about Implementing Basel II in the United States at the Standard & Poor's Bank Conference 2007, in New York; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Randall Kroszner; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Nov 16, 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;
2007-11-13T18:30:00+03:30
USD
Low Impact Expected
RCM/TIPP Economic Optimism
43.8
46.3
47.3
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: Dec 11, 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);
2007-11-13T20:45:00+03:30
CHF
Medium Impact Expected
Gov Board Member Jordan Speaks
null
null
null
Description: Due to deliver a speech titled "Globalization and Financial Markets: Challenges and Opportunities" at the ETH Alumni Engineering Management, in Zurich; | Source: Swiss National Bank (latest release) | Speaker: SNB Governing Board Interim Chairman Thomas Jordan; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Dec 18, 2007 | FF Notes: Governing Board member May 2007 - Apr 2013. In Jan 2012 his title changed from Vice-Chairman to Interim Chairman. In Jan 2010 his title changed from Board Member to Vice-Chairman; | Why Traders Care: SNB Governing Board members are responsible for setting the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Swiss National Bank (SNB);
2007-11-13T22:30:00+03:30
USD
Medium Impact Expected
Federal Budget Balance
-55.6B
-55.7B
111.6B
Source: US Department of the Treasury (latest release) | Measures: Difference in value between the federal government's income and spending during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the eighth business day after the month ends; | Next Release: Dec 12, 2007 | FF Notes: A positive number indicates a budget surplus, a negative number indicates a deficit; | Also Called: Monthly Treasury Statement, Treasury Budget;
2007-11-13T23:30:00+03:30
USD
High Impact Expected
Pending Home Sales m/m
0.2%
-2.6%
-6.5%
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: Dec 10, 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;
2007-11-14T00:00:00+03:30
NZD
Low Impact Expected
PPI Output q/q
1.6%
1.1%
1.2%
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: Feb 13, 2008 | FF Notes: Only includes goods produced domestically; | Also Called: Factory Gate Prices; | Acro Expand: Producer Price Index (PPI);
2007-11-14T00:00:00+03:30
USD
High Impact Expected
PPI m/m
0.1%
0.3%
1.1%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of finished goods and services sold by producers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Dec 13, 2007 | FF Notes: Source changed series calculation formula as of Feb 2014; | Why Traders Care: It's a leading indicator of consumer inflation - when producers charge more for goods and services the higher costs are usually passed on to the consumer; | Also Called: Finished Goods PPI, Wholesale Prices, PPI for Final Demand; | Acro Expand: Producer Price Index (PPI);
2007-11-14T00:00:00+03:30
USD
Medium Impact Expected
Core PPI m/m
0.0%
0.2%
0.1%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of finished goods and services sold by producers, excluding food and energy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Dec 13, 2007 | FF Notes: Source changed series calculation formula as of Feb 2014. Food and energy prices make up about 40% of overall PPI which tends to mute the importance of the Core data; | Also Called: Core Finished Goods PPI, Core PPI for Final Demand; | Acro Expand: Producer Price Index (PPI);
2007-11-14T00:00:00+03:30
GBP
Medium Impact Expected
Claimant Count Change
-9.9K
-6.2K
-13.9K
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: Dec 12, 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;
2007-11-14T00:00:00+03:30
USD
High Impact Expected
Core Retail Sales m/m
0.2%
0.3%
0.3%
Source: Census Bureau (latest release) | Measures: Change in the total value of sales at the retail level, excluding automobiles; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Dec 13, 2007 | FF Notes: Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Retail Sales Ex Autos;
2007-11-14T00:00:00+03:30
GBP
High Impact Expected
BOE Monetary Policy Report
null
null
null
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released quarterly; | Next Release: Feb 13, 2008 | FF Notes: Report provides the BOE's projection for inflation and economic growth over the next 2 years. The BOE Governor also holds a press conference to discuss the report's contents after release. In Nov 2019 source changed report name from Inflation Report to Monetary Policy Report; | Why Traders Care: It provides valuable insight into the bank's view of economic conditions and inflation - the key factors that will shape the future of monetary policy and influence their interest rate decisions; | Acro Expand: Bank of England (BOE);
2007-11-14T00:00:00+03:30
USD
High Impact Expected
Retail Sales m/m
0.2%
0.2%
0.7%
Source: Census Bureau (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, about 16 days after the month ends; | Next Release: Dec 13, 2007 | FF Notes: This is the earliest and broadest look at vital consumer spending data; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Advance Retail Sales;
2007-11-14T00:00:00+03:30
CAD
Low Impact Expected
New Motor Vehicle Sales m/m
-2.1%
-1.8%
2.7%
Source: Statistics Canada (latest release) | Measures: Change in the number of new cars and trucks sold domestically; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 17, 2007 | FF Notes: Source discontinued this data in Apr 2012; | Why Traders Care: It's a sign of consumer confidence - rising demand for expensive durable goods shows that consumers are confident in their future financial position and feel comfortable spending money;
2007-11-14T00:00:00+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: Dec 12, 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;
2007-11-14T01:15:00+03:30
NZD
High Impact Expected
PPI Input q/q
2.3%
1.1%
1.3%
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: Feb 13, 2008 | 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);
2007-11-14T03:00:00+03:30
AUD
Low Impact Expected
Westpac Consumer Sentiment
-4.2%
null
-0.3%
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: Dec 12, 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;
2007-11-14T04:00:00+03:30
AUD
Medium Impact Expected
Wage Price Index q/q
1.0%
0.9%
1.1%
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the price businesses and the government pay for labor, excluding bonuses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 45 days after the quarter ends; | Next Release: Feb 20, 2008 | FF Notes: Source changed series calculation formula as of November 2003; | 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: Wage Cost Index, Labour Price Index;
2007-11-14T05:30:00+03:30
CNY
Low Impact Expected
Retail Sales y/y
18.1%
17.0%
17.0%
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: Dec 12, 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;
2007-11-14T10:30:00+03:30
EUR
High Impact Expected
German Prelim GDP q/q
0.7%
0.6%
0.3%
Source: Destatis (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 45 days after the quarter ends; | Next Release: Feb 14, 2008 | FF Notes: There are 2 versions of GDP released about 10 days apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact; | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Also Called: First Release GDP, Preliminary GDP; | Acro Expand: Gross Domestic Product (GDP);
2007-11-14T11:15:00+03:30
EUR
Low Impact Expected
French Prelim GDP q/q
0.7%
0.6%
0.3%
Source: INSEE (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 60 days after the quarter ends; | Next Release: Feb 14, 2008 | FF Notes: The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 3 versions of GDP released about 30 days apart Flash, Prelim, and Final. The Flash release is the earliest and thus tends to have the most impact. The Final is not reported for lack of significance; | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Also Called: GDP Second Estimate; | Acro Expand: Gross Domestic Product (GDP);
2007-11-14T13:00:00+03:30
GBP
High Impact Expected
Average Earnings Index 3m/y
4.1%
4.0%
3.7%
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: Dec 12, 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;
2007-11-14T13:30:00+03:30
EUR
Medium Impact Expected
Flash GDP q/q
0.7%
0.6%
0.3%
Source: Eurostat (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 45 days after the quarter ends; | Next Release: Feb 14, 2008 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary Flash release and therefore the 'History' data will appear unconnected. There are 3 versions of GDP released about 20 days apart Preliminary Flash, Flash, and Revised. The Preliminary Flash release is the earliest and thus tends to have the most impact. | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Also Called: GDP Second Estimate; | Acro Expand: Gross Domestic Product (GDP);
2007-11-14T13:40:00+03:30
EUR
Low Impact Expected
German 10-y Bond Auction
4.19|2.0
null
4.32|1.9
Source: Bundesbank (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: Jan 2, 2008 | 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: Bund Auction;
2007-11-14T14:00:00+03:30
GBP
High Impact Expected
BOE Gov King Speaks
null
null
null
Description: Due to hold a press conference, along with other MPC members, about the Inflation Report, in London; | Source: Bank of England (latest release) | Speaker: BOE Governor Mervyn King; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Dec 18, 2007 | FF Notes: BOE Governor Jul 2003 - Jun 2013. 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: Bank of England (BOE);
2007-11-14T17:00:00+03:30
CAD
Low Impact Expected
Leading Index m/m
0.1%
0.4%
0.3%
Source: Statistics Canada (latest release) | Measures: Change in the level of a composite index based on 10 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 19 days after the month ends; | Next Release: Dec 18, 2007 | FF Notes: Source discontinued this data in May 2012; | Derived Via: Combined reading of 10 economic indicators related to employment, production, new orders, consumer confidence, housing, stock market prices, money supply, and interest rate spreads; | Also Called: Leading Indicators;
2007-11-14T17:15:00+03:30
CAD
Low Impact Expected
Gov Council Member Jenkins Speaks
null
null
null
Description: Due to deliver a speech titled "Canada & Ontario in the Global Economy: Challenges in a Changing World" at the Ontario Economic Summit, in Ontario; | Source: Bank of Canada (latest release) | Speaker: BOC Senior Deputy Governor Paul Jenkins; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 31, 2008 | FF Notes: Governing Council member Apr 2003 - Apr 2010; | Why Traders Care: BOC Governing Council members are responsible for setting the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Bank of Canada (BOC);
2007-11-14T17:40:00+03:30
USD
High Impact Expected
Fed Chairman Bernanke Speaks
null
null
null
Description: Due to deliver a speech titled "Federal Reserve Communications" at the CATO Institute 25th Annual Monetary Conference, in Washington DC. Audience questions expected; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Chairman Ben Bernanke; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Nov 30, 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);
2007-11-14T18:30:00+03:30
USD
Medium Impact Expected
Business Inventories m/m
0.4%
0.5%
0.3%
Source: Census Bureau (latest release) | Measures: Change in the total value of goods held in inventory by manufacturers, wholesalers, and retailers; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 13, 2007 | Why Traders Care: It's a signal of future business spending because companies are more likely to purchase goods once they have depleted inventories;
2007-11-15T00:00:00+03:30
NZD
Low Impact Expected
Core Retail Sales q/q
0.2%
null
-0.9%
Source: Statistics New Zealand (latest release) | Measures: Change in the total volume of inflation-adjusted sales at the retail level, excluding automobiles and gas stations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released Quarterly, about 55 days after the quarter ends; | Next Release: Feb 15, 2008 | FF Notes: Automobile and gas station sales account for about 20% of Retail Sales, but they tend to be volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends; | Also Called: Retail Sales Ex Autos;
2007-11-15T00:00:00+03:30
USD
Low Impact Expected
Natural Gas Storage
-9B
-8B
36B
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: Nov 21, 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);
2007-11-15T00:00:00+03:30
EUR
Medium Impact Expected
Final CPI y/y
2.6%
2.6%
2.6%
Source: Eurostat (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, about 16 days after the month ends; | Next Release: Dec 14, 2007 | FF Notes: The 'Previous' listed is the 'Actual' from the CPI Flash Estimate and therefore the 'History' data will appear unconnected. This is considered the Eurozone's most important inflation data because it's used as the central bank's inflation target, but it tends to have a relatively mild impact as the CPI Flash Estimate and German Prelim CPI are released about 15 days earlier; | 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 raise interest rates out of respect for their inflation containment mandate; | Acro Expand: Consumer Price Index (CPI);
2007-11-15T00:00:00+03:30
USD
High Impact Expected
CPI y/y
3.5%
2.7%
2.8%
Source: Bureau of Labor Statistics (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, about 16 days after the month ends; | Next Release: Dec 14, 2007 | FF Notes: This is among the few non-seasonally adjusted numbers reported on the calendar; | 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 raise interest rates out of respect for their inflation containment mandate; | Derived Via: The average price of various goods and services are sampled and then compared to the previous sampling; | Acro Expand: Consumer Price Index (CPI);
2007-11-15T00:00:00+03:30
EUR
Medium Impact Expected
ECB Monthly Bulletin
null
null
null
Source: European Central Bank (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly, 7 days after the Minimum Bid Rate is announced; | Next Release: Dec 13, 2007 | FF Notes: Source discontinued this data in Dec 2014; | Why Traders Care: It reveals the statistical data that the ECB Governing Board evaluated when making the latest interest rate decision, and provides detailed analysis of current and future economic conditions from the bank's viewpoint; | Acro Expand: European Central Bank (ECB);
2007-11-15T00:00:00+03:30
USD
Medium Impact Expected
Empire State Manufacturing Index
27.4
18.0
28.8
Source: Federal Reserve Bank of New York (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers in New York state; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the middle of the current month; | Next Release: Dec 17, 2007 | FF Notes: Above 0.0 indicates improving conditions, below indicates worsening conditions; | 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 200 manufacturers in New York state which asks respondents to rate the relative level of general business conditions; | Also Called: New York Manufacturing Index;
2007-11-15T00:00:00+03:30
USD
Medium Impact Expected
CPI m/m
0.3%
0.3%
0.3%
Source: Bureau of Labor Statistics (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, about 16 days after the month ends; | Next Release: Dec 14, 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 raise interest rates out of respect for their inflation containment mandate; | Derived Via: The average price of various goods and services are sampled and then compared to the previous sampling; | Acro Expand: Consumer Price Index (CPI);
2007-11-15T00:00:00+03:30
NZD
Low Impact Expected
Retail Sales q/q
0.2%
0.3%
-0.5%
Source: Statistics New Zealand (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 Quarterly, about 55 days after the quarter ends; | Next Release: Feb 15, 2008 | FF Notes: Although this data is extremely late relative to retail data from other countries, it's the primary gauge of consumer spending and tends to create hefty market impacts; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2007-11-15T00:00:00+03:30
USD
High Impact Expected
Core CPI m/m
0.2%
0.2%
0.2%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding food and energy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Dec 14, 2007 | FF Notes: Food and energy prices account for about a quarter of CPI, but they tend to be very volatile and distort the underlying trend. The Federal Open Market Committee usually pays more attention to the Core data - so do traders; | 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 raise interest rates out of respect for their inflation containment mandate; | Also Called: CPI Ex Food and Energy, Underlying CPI; | Acro Expand: Consumer Price Index (CPI);
2007-11-15T00:00:00+03:30
USD
Low Impact Expected
Unemployment Claims
339K
320K
319K
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: Nov 21, 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;
2007-11-15T00:00:00+03:30
NZD
High Impact Expected
Retail Sales m/m
1.0%
0.5%
0.3%
Source: Statistics New Zealand (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, about 45 days after the month ends; | Next Release: Dec 13, 2007 | FF Notes: Source discontinued this data in Feb 2011;
2007-11-15T00:00:00+03:30
EUR
Low Impact Expected
Final Core CPI y/y
1.9%
1.9%
1.8%
Source: Eurostat (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding food, energy, alcohol, and tobacco; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Dec 14, 2007 | FF Notes: The 'Previous' listed is the 'Actual' from the Flash Core CPI Estimate and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about two weeks apart – Flash and Final. The Flash release, which the source first reported in Apr 2013, is the earliest and thus tends to have the most impact; | Acro Expand: Consumer Price Index (CPI);
2007-11-15T01:15:00+03:30
NZD
High Impact Expected
Core Retail Sales m/m
0.5%
0.4%
0.8%
Source: Statistics New Zealand (latest release) | Measures: Change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 13, 2007 | FF Notes: Source discontinued this data in Feb 2011; | Also Called: Retail Sales Ex Autos;
2007-11-15T01:30:00+03:30
AUD
Low Impact Expected
MI Inflation Expectations
4.4%
null
4.6%
Source: Melbourne Institute (latest release) | Measures: Percentage that consumers expect the price of goods and services to change during the next 12 months; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the second Thursday after the month ends; | Next Release: Dec 13, 2007 | FF Notes: Full reports are only available to Melbourne Institute subscribers. Source changed series calculation formula as of May 2014; | Why Traders Care: Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise; | Also Called: Consumer Inflation Expectations; | Acro Expand: Melbourne Institute (MI);
2007-11-15T01:42:00+03:30
NZD
Low Impact Expected
BusinessNZ Manufacturing Index
56.9
null
55.1
FF Notice: Source released data 48 minutes earlier than scheduled; | Source: BusinessNZ (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Dec 13, 2007 | FF Notes: Above 50.0 indicates expansion, below indicates contraction; | Derived Via: Survey of manufacturers 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 Manufacturing Index;
2007-11-15T03:20:00+03:30
JPY
Medium Impact Expected
Tertiary Industry Activity m/m
-1.6%
-1.0%
1.2%
Source: METI (latest release) | Measures: Change in the total value of services purchased by businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Dec 17, 2007 | Why Traders Care: It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their spending can be an early signal of future economic activity such as hiring, earnings, and investment;
2007-11-15T04:00:00+03:30
AUD
Low Impact Expected
RBA Bulletin
null
null
null
Source: Reserve Bank of Australia (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released Quarterly; | Next Release: Dec 20, 2007 | FF Notes: Tends to have a mild impact since much of the information is released previously. Source changed release frequency from monthly to quarterly as of Mar 2010; | Why Traders Care: It contains relevant articles, speeches, statistical tables, and provides detailed analysis of current and future economic conditions from the bank's viewpoint; | Acro Expand: Reserve Bank of Australia (RBA);
2007-11-15T05:30:00+03:30
CNY
High Impact Expected
Industrial Production y/y
17.9%
18.5%
18.9%
Source: National Bureau of Statistics of China (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, excluding Feb, about 15 days after the month ends; | Next Release: Dec 13, 2007 | FF Notes: Chinese data can have a broad impact on the currency markets due to China's influence on the global economy and investor sentiment; | Why Traders Care: It's a leading indicator of economic health - production is the dominant driver of the economy and reacts quickly to ups and downs in the business cycle; | Also Called: Industrial Output;
2007-11-15T10:30:00+03:30
EUR
Low Impact Expected
German Final CPI m/m
0.2%
0.2%
0.2%
Source: Destatis (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, about 11 days after the month ends; | Next Release: Dec 14, 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 CPI released about 15 days apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact; | Acro Expand: Consumer Price Index (CPI);
2007-11-15T13:00:00+03:30
GBP
High Impact Expected
Retail Sales m/m
-0.1%
0.1%
0.3%
Source: Office for National Statistics (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 20 days after the month ends; | Next Release: Dec 21, 2007 | FF Notes: Source changed series calculation formula as of Feb 2010; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Sales Volume, All Retailers sales;
2007-11-15T13:14:00+03:30
EUR
Low Impact Expected
Spanish 10-y Bond Auction
4.26|2.3
null
4.64|1.7
Source: General Secretariat of the Treasury (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 10 times per year; | Next Release: Jun 19, 2008 | FF Notes: This event includes bonds with a maturity that is a few years shorter or longer than 10 years, making the data set appear more volatile than the actual 10-year interest rate. 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: Obligaciones Auction;
2007-11-15T13:30:00+03:30
CHF
Medium Impact Expected
UBS Economic Expectations
-28.9
null
-16.0
Source: UBS AG (latest release) | Measures: Level of a diffusion index based on surveyed institutional investors and analysts; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around about 26 days after the month ends; | Next Release: Dec 12, 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 30 institutional investors and analysts which asks respondents to rate the relative 6-month economic outlook for Switzerland; | Also Called: CFA/UBS Economic Expectations; | Acro Expand: Union Bank of Switzerland (UBS), Chartered Financial Analysts (CFA);
2007-11-15T17:00:00+03:30
CAD
Medium Impact Expected
Manufacturing Sales m/m
-0.9%
-0.6%
-2.2%
Source: Statistics Canada (latest release) | Measures: Change in the total value of sales made by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 13, 2007 | Why Traders Care: It's a leading indicator of economic health - manufacturers are quickly affected by market conditions, and changes in their sales can be an early signal of future activity such as spending, hiring, and investment; | Also Called: Manufacturing Shipments, Factory Sales;
2007-11-15T19:00:00+03:30
USD
Low Impact Expected
Crude Oil Inventories
2.8M
-0.8M
-0.8M
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: Nov 21, 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);
2007-11-15T20:30:00+03:30
USD
Medium Impact Expected
Philly Fed Manufacturing Index
8.2
5.0
6.8
Source: Federal Reserve Bank of Philadelphia (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers in Philadelphia; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third Thursday of the current month; | Next Release: Dec 20, 2007 | FF Notes: Above 0.0 indicates improving conditions, below indicates worsening conditions; | 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 250 manufacturers in the Philadelphia Federal Reserve district which asks respondents to rate the relative level of general business conditions; | Also Called: Philadelphia Fed Business Outlook Survey;
2007-11-16T00:00:00+03:30
USD
Medium Impact Expected
Industrial Production m/m
-0.5%
0.1%
0.2%
Source: Federal Reserve (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 16 days after the month ends; | Next Release: Dec 14, 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: Factory Output;
2007-11-16T03:20:00+03:30
JPY
Medium Impact Expected
Monetary Policy Meeting Minutes
null
null
null
Source: Bank of Japan (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year, around 45 days after the Monetary Policy Statement is released; | Next Release: Dec 26, 2007 | FF Notes: Source changed release frequency from about 14 times per year to eight times per year as of Jan 2016; | Why Traders Care: It's a detailed record of the BOJ Policy Board's meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates; | Acro Expand: Bank of Japan (BOJ);
2007-11-16T05:30:00+03:30
CNY
Medium Impact Expected
Fixed Asset Investment ytd/y
26.9%
26.2%
26.4%
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the total spending on non-rural capital investments such as factories, roads, power grids, and property; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 15 days after the month ends; | Next Release: Dec 14, 2007 | FF Notes: Data represents the year-to-date investment compared to the same period a year earlier; | Why Traders Care: It's a leading indicator of economic health - changes in private and public investment levels can be an early signal of future economic activity such as hiring, spending, and earnings;
2007-11-16T11:15:00+03:30
EUR
Medium Impact Expected
French Prelim Private Payrolls q/q
0.2%
0.3%
0.4%
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 45 days after the quarter ends; | Next Release: Feb 15, 2008 | FF Notes: There are 2 versions of this indicator released about a month apart - Preliminary and Final. Both tend to have a muted impact because there are several earlier indicators related to Eurozone labor conditions; | 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 Employment, Provisional Employment;
2007-11-16T11:45:00+03:30
CHF
High Impact Expected
Retail Sales y/y
3.0%
2.1%
3.8%
Source: Federal Statistical Office (latest release) | Measures: Change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Dec 18, 2007 | FF Notes: Source changed series calculation formula as of Jan 2010; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Real Retail Sales;
2007-11-16T12:30:00+03:30
EUR
Low Impact Expected
Italian Trade Balance
-1.53B
-1.44B
-0.69B
Source: Istat (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 45 days after the month ends; | Next Release: Dec 14, 2007 | FF Notes: A positive number indicates that more goods were exported than imported. This is one of the few non-seasonally adjusted numbers reported on the calendar, as it's the primary calculation for this indicator;
2007-11-16T13:30:00+03:30
EUR
Low Impact Expected
Trade Balance
3.9B
3.8B
4.5B
Source: Eurostat (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 45 days after the month ends; | Next Release: Dec 18, 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. Tends to have a muted impact because Germany and France, which account for about half of the Eurozone's economy, release earlier trade data. A positive Trade Balance indicates that more goods and services were exported than imported;
2007-11-16T17:15:00+03:30
USD
Medium Impact Expected
FOMC Member Kroszner Speaks
null
null
null
Description: Due to speak about the economic outlook at the Institute of International Finance Competitive Markets & Effective Regulation Conference, in New York. Audience questions expected; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Randall Kroszner; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Nov 30, 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;
2007-11-16T17:30:00+03:30
USD
High Impact Expected
TIC Long-Term Purchases
26.4B
72.0B
-70.6B
Source: US Department of the Treasury (latest release) | Measures: Difference in value between foreign long-term securities purchased by US citizens and US long-term securities purchased by foreigners during the reported period; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 17, 2007 | FF Notes: This data represents the balance of domestic and foreign investment - for example, if foreigners purchased $100 billion in US stocks and bonds, and the US purchased $30 billion in foreign stocks and bonds, the net reading would be 70.0B; | Why Traders Care: Demand for domestic securities and currency demand are directly linked because foreigners must buy the domestic currency to purchase the nation's securities; | Also Called: Net Long-term Securities Transactions; | Acro Expand: Treasury International Capital (TIC);
2007-11-16T17:45:00+03:30
USD
Medium Impact Expected
Capacity Utilization Rate
81.7%
82.0%
82.2%
Source: Federal Reserve (latest release) | Measures: Percentage of available resources being utilized by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Dec 14, 2007 | Why Traders Care: It's a leading indicator of consumer inflation - when producers are nearing full capacity they respond by raising prices, and the higher costs are usually passed on to the consumer;
2007-11-17T23:59:59+03:30
All
Low Impact Expected
G20 Meetings
null
null
null
Description: Due to meet about a range of global economic issues, including exchange rate flexibility and Bretton Woods reforms, in Cape Town; | Source: G20 (latest release) | Next Release: Nov 18, 2007 | FF Notes: G20 meetings are attended by finance ministers and central bankers from 20 industrialized nations including the G7 nations - Canada, Italy, France, Germany, Japan, the UK, and the US. 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: While it's not an institution, the G20 is an influential global policy-making body operating at the highest level, and their initiatives and policies can impact the currency markets; | Acro Expand: Group of Twenty (G20);
2007-11-18T23:59:59+03:30
All
Medium Impact Expected
G20 Meetings
null
null
null
Description: Due to meet about a range of global economic issues, including exchange rate flexibility and Bretton Woods reforms, in Cape Town; | Source: G20 (latest release) | Next Release: Nov 8, 2008 | FF Notes: G20 meetings are attended by finance ministers and central bankers from 20 industrialized nations including the G7 nations - Canada, Italy, France, Germany, Japan, the UK, and the US. 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: While it's not an institution, the G20 is an influential global policy-making body operating at the highest level, and their initiatives and policies can impact the currency markets; | Acro Expand: Group of Twenty (G20);
2007-11-19T00:00:00+03:30
USD
Low Impact Expected
Treasury Sec Paulson Speaks
null
null
null
Description: Due to hold a press conference about investment at the Overseas Private Investment Corporation, in Ghana; | Source: US Department of the Treasury (latest release) | Speaker: US Treasury Secretary Henry Paulson; | Next Release: Nov 19, 2007 | FF Notes: US Treasury Secretary Jul 2006 - Jan 2009. He speaks frequently on a broad range of subjects - only speeches that might have direct market impact are listed on the calendar; | Why Traders Care: It's the Treasury Secretary's job to communicate the US President's economic policies, and his speeches are often used to signal policy shifts to the public and to foreign governments; | Also Called: Hank Paulson;
2007-11-19T00:00:00+03:30
CAD
Medium Impact Expected
Wholesale Sales m/m
1.1%
0.1%
-1.9%
Source: Statistics Canada (latest release) | Measures: Change in the total value of sales at the wholesale level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 19, 2007 | Why Traders Care: It's a leading indicator of consumer spending - retailers generally order more goods from wholesalers when they expect consumer sales to increase; | Also Called: Wholesale Trade;
2007-11-19T03:31:00+03:30
GBP
Low Impact Expected
Rightmove HPI m/m
-0.7%
null
2.7%
Source: Rightmove (latest release) | Measures: Change in the asking price of homes for sale; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Dec 17, 2007 | FF Notes: This is the UK's earliest report on housing inflation, but tends to produce a relatively mild impact because asking prices and selling prices are not always correlated; | 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: House Price Index (HPI);
2007-11-19T14:30:00+03:30
EUR
Medium Impact Expected
German Buba Monthly Report
null
null
null
Source: Bundesbank (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly; | Next Release: Dec 17, 2007 | FF Notes: Market impact tends to be greater when the report reveals a viewpoint that clashes with the ECB's stance; | Why Traders Care: It contains relevant articles, speeches, statistical tables, and provides detailed analysis of current and future economic conditions from the bank's viewpoint; | Acro Expand: Deutsche Bundesbank (Buba);
2007-11-19T15:00:00+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: Nov 23, 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);
2007-11-19T17:00:00+03:30
CAD
Medium Impact Expected
Foreign Securities Purchases
-5.21B
1.27B
-3.82B
Source: Statistics Canada (latest release) | Measures: Total value of domestic stocks, bonds, and money-market assets purchased by foreigners during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Dec 17, 2007 | Why Traders Care: Demand for domestic securities and currency demand are directly linked because foreigners must buy the domestic currency to purchase the nation's securities; | Also Called: International Transactions in Securities;
2007-11-19T19:00:00+03:30
USD
Low Impact Expected
Treasury Sec Paulson Speaks
null
null
null
Description: Due to hold a press conference, along with UK Chancellor of the Echequer Alistair Darling, about investment in the Overseas Private Investment Corporation, in Ghana; | Source: US Department of the Treasury (latest release) | Speaker: US Treasury Secretary Henry Paulson; | Next Release: Dec 3, 2007 | FF Notes: US Treasury Secretary Jul 2006 - Jan 2009. He speaks frequently on a broad range of subjects - only speeches that might have direct market impact are listed on the calendar; | Why Traders Care: It's the Treasury Secretary's job to communicate the US President's economic policies, and his speeches are often used to signal policy shifts to the public and to foreign governments; | Also Called: Hank Paulson;
2007-11-19T21:30:00+03:30
USD
Medium Impact Expected
NAHB Housing Market Index
19
17
19
Source: NAHB (latest release) | Measures: Level of a diffusion index based on surveyed home builders; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the middle of the current month; | Next Release: Dec 17, 2007 | FF Notes: Above 50 indicates a favorable outlook on home sales, below indicates a negative outlook; | Derived Via: Survey of about 900 home builders which asks respondents to rate the relative level of current and future single-family home sales; | Also Called: NAHB/Wells Fargo Housing Market Index; | Acro Expand: National Association of Home Builders (NAHB);
2007-11-20T00:00:00+03:30
USD
Medium Impact Expected
Housing Starts
1.23M
1.17M
1.19M
Source: Census Bureau (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, on the 12th business day after the month ends; | Next Release: Dec 18, 2007 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12). This data is slightly overshadowed by Building Permits because they are tightly correlated and a permit must be issued before a house can begin construction; | 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;
2007-11-20T00:00:00+03:30
GBP
Low Impact Expected
Public Sector Net Borrowing
-1.0B
-2.8B
7.2B
Source: Office for National Statistics (latest release) | Measures: Difference in value between spending and income for public corporations, the central government, and local governments during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, around 23 days after the month ends; | Next Release: Dec 20, 2007 | FF Notes: A positive number indicates a budget deficit, a negative number indicates a surplus. This figure includes "financial interventions" - there is also a figure released at the same time which excludes them;
2007-11-20T00:00:00+03:30
CAD
Medium Impact Expected
CPI m/m
-0.3%
0.1%
0.2%
Source: Statistics Canada (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 on the third Tuesday after the month ends; | Next Release: Dec 18, 2007 | FF Notes: This is the most important inflation-related release due to its earliness and broad scope. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported; | 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 raise interest rates out of respect for their inflation containment mandate; | Derived Via: The average price of various goods and services are sampled and then compared to the previous sampling; | Also Called: All Items CPI; | Acro Expand: Consumer Price Index (CPI);
2007-11-20T01:15:00+03:30
NZD
Low Impact Expected
Visitor Arrivals m/m
-2.6%
null
-3.4%
Source: Statistics New Zealand (latest release) | Measures: Change in the number of short-term overseas visitors who arrived in the country; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 19, 2007 | Why Traders Care: Tourism plays an important role in the economy - about 7% of the population is employed by the tourism industry, and a sizable portion of the nation's GDP is indirectly related to tourism; | Also Called: International Travel and Migration;
2007-11-20T10:30:00+03:30
EUR
Low Impact Expected
German PPI m/m
0.4%
0.3%
0.2%
Source: Destatis (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 20 days after the month ends; | Next Release: Dec 19, 2007 | Why Traders Care: It's a leading indicator of consumer inflation - when manufacturers charge more for goods the higher costs are usually passed on to the consumer; | Acro Expand: Producer Price Index (PPI);
2007-11-20T10:45:00+03:30
CHF
Low Impact Expected
Trade Balance
1.56B
1.52B
1.71B
Source: Federal Statistical Office (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 22 days after the month ends; | Next Release: Dec 20, 2007 | FF Notes: A positive number indicates that more goods were exported than imported. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported; | 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;
2007-11-20T13:00:00+03:30
GBP
Low Impact Expected
M4 Money Supply m/m
0.1%
1.0%
0.9%
Source: Bank of England (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, around 30 days after the month ends; | Next Release: Dec 20, 2007 | FF Notes: Source changed series from preliminary/final format to a single release, as of Nov 2010; | 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;
2007-11-20T14:30:00+03:30
GBP
Medium Impact Expected
CBI Industrial Order Expectations
8
-7
-6
Source: Confederation of British Industry (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Dec 13, 2007 | FF Notes: Above 0 indicates increasing order volume is expected, below indicates expectations are for lower volume; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their expectations can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 250 manufacturers which asks respondents to rate the relative level of order volume expected during the next 3 months; | Also Called: Industrial Trends Survey; | Acro Expand: Confederation of British Industry (CBI);
2007-11-20T14:45:00+03:30
GBP
Medium Impact Expected
MPC Member Gieve Speaks
null
null
null
Description: Due to speak at the EDHEC-Risk Hedge Fund Summit, in London; | Source: Bank of England (latest release) | Speaker: BOE Deputy Governor Sir John Gieve; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 17, 2008 | FF Notes: MPC voting member Jan 2006 - Feb 2009; | Why Traders Care: 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; | Acro Expand: Bank of England (BOE), Monetary Policy Committee (MPC);
2007-11-20T15:30:00+03:30
CAD
High Impact Expected
Core CPI m/m
-0.2%
0.1%
0.4%
Source: Statistics Canada (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding the 8 most volatile items; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the third Tuesday after the month ends; | Next Release: Dec 18, 2007 | FF Notes: Volatile items account for about a quarter of CPI but they tend to be very volatile and distort the underlying trend. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported; | 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 raise interest rates out of respect for their inflation containment mandate; | Also Called: CPI Ex Volatile Items; | Acro Expand: Consumer Price Index (CPI);
2007-11-20T17:00:00+03:30
USD
Medium Impact Expected
Building Permits
1.18M
1.20M
1.26M
Source: Census Bureau (latest release) | Measures: Annualized number of new residential building permits issued during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the 12th business day after the month ends; | Next Release: Dec 18, 2007 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12); | 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; | Also Called: Residential Building Permits;
2007-11-20T21:00:00+03:30
CAD
Medium Impact Expected
Gov Council Member Duguay Speaks
null
null
null
Description: Due to speak about managing risks to financial system stability at the CFA Society, in Quebec; | Source: Bank of Canada (latest release) | Speaker: BOC Deputy Governor Pierre Duguay; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Nov 10, 2008 | FF Notes: Governing Council member Jan 2000 - Jul 2010; | Why Traders Care: BOC Governing Council members are responsible for setting the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Bank of Canada (BOC);
2007-11-20T22:30:00+03:30
USD
High Impact Expected
FOMC Meeting Minutes
null
null
null
Source: Federal Reserve (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year, 3 weeks after the Federal Funds Rate is announced; | Next Release: Jan 2, 2008 | Why Traders Care: It's a detailed record of the FOMC's most recent meeting, providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates; | Acro Expand: Federal Open Market Committee (FOMC);
2007-11-21T00:00:00+03:30
CAD
Medium Impact Expected
Retail Sales m/m
-0.2%
0.1%
0.7%
Source: Statistics Canada (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, about 50 days after the month ends; | Next Release: Dec 21, 2007 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2007-11-21T00:00:00+03:30
USD
Low Impact Expected
CB Leading Index m/m
-0.5%
-0.3%
0.1%
Source: The Conference Board Inc. (latest release) | Measures: Change in the level of a composite index based on 10 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Dec 20, 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. Source changed series calculation formula as of Jan 2012; | Derived Via: Combined reading of 10 economic indicators related to employment, new orders, consumer confidence, housing, stock market prices, credit trends, and interest rate spreads; | Also Called: Leading Indicators; | Acro Expand: The Conference Board (CB);
2007-11-21T00:00:00+03:30
USD
Low Impact Expected
Revised UoM Inflation Expectations
3.4%
null
3.4%
Source: University of Michigan (latest release) | Measures: Percentage that consumers expect the price of goods and services to change during the next 12 months; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the last Friday of the current month; | Next Release: Dec 21, 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 data released about 15 days apart – Preliminary and Revised. The Preliminary release is the earliest and thus tends to have more impact; | Why Traders Care: Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise; | Derived Via: Survey of about 800 consumers which asks respondents where they expect prices to be 12 months in the future; | Acro Expand: University of Michigan (UoM);
2007-11-21T00:00:00+03:30
USD
Low Impact Expected
Natural Gas Storage
4B
2B
-9B
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: Nov 29, 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);