Datasets:
Ehsanrs2
/
Forex_Factory_Calendar

Dataset card Data Studio Files
xet
Community
1
DateTime
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2007-01-01 04:30:00+0330
2025-04-07 21:30:00+0330
Currency
stringclasses
10 values
Impact
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4 values
Event
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593 values
Actual
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1
9
⌀
Forecast
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1
8
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Previous
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1
9
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Detail
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106
1.37k
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2008-06-11T06:30:00+04:30
CNY
Medium Impact Expected
PPI y/y
8.2%
8.3%
8.1%
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: Jul 17, 2008 | 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);
2008-06-11T11:00:00+04:30
CNY
High Impact Expected
USD-Denominated Trade Balance
20.2B
21.3B
16.7B
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: Jul 10, 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. 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);
2008-06-11T11:15:00+04:30
EUR
Low Impact Expected
French Final CPI m/m
0.5%
0.4%
0.3%
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: Jul 16, 2008 | 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);
2008-06-11T13:00:00+04:30
GBP
High Impact Expected
Claimant Count Change
9.0K
8.0K
11.2K
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: Jul 16, 2008 | 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;
2008-06-11T17:00:00+04:30
CAD
Low Impact Expected
Capacity Utilization Rate
79.8%
80.7%
81.8%
Source: Statistics Canada (latest release) | Measures: Percentage of available resources being utilized by manufacturers, builders, mines, oil extractors, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: Sep 12, 2008 | 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; | Also Called: Industrial Capacity Utilization Rate;
2008-06-11T19:05:00+04:30
USD
Medium Impact Expected
Crude Oil Inventories
-4.6M
-0.9M
-4.8M
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: Jun 18, 2008 | 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);
2008-06-11T20:00:00+04:30
USD
Medium Impact Expected
FOMC Member Kohn Speaks
null
null
null
Description: Due to deliver a speech titled "Lessons for Central Bankers" at the Federal Reserve Bank of Boston 53rd Economic Conference, in Massachusetts; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Donald Kohn; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jun 19, 2008 | FF Notes: FOMC voting member Aug 2002 - Sep 2010; | 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;
2008-06-11T20:45:00+04:30
USD
Medium Impact Expected
FOMC Member Kroszner Speaks
null
null
null
Description: Due to speak about consumer credit markets at the Federal Reserve Bank of Cleveland's 2008 Community Development Policy Summit, in Cleveland; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Randall Kroszner; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jul 17, 2008 | 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;
2008-06-11T22:30:00+04:30
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: Jul 23, 2008 | 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;
2008-06-12T00:00:00+04:30
USD
Medium Impact Expected
Unemployment Claims
384K
370K
359K
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: Jun 19, 2008 | 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;
2008-06-12T00:00:00+04:30
AUD
High Impact Expected
Unemployment Rate
4.3%
4.2%
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: Jul 10, 2008 | 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;
2008-06-12T00:00:00+04:30
CNY
Low Impact Expected
M2 Money Supply y/y
18.1%
16.8%
16.9%
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: Jul 14, 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; | 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;
2008-06-12T00:00:00+04:30
CNY
Medium Impact Expected
New Loans
319B
null
464B
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: Jul 14, 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; | 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;
2008-06-12T00:00:00+04:30
USD
Medium Impact Expected
Import Prices m/m
2.3%
2.5%
2.4%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of imported goods and services purchased domestically; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Jul 11, 2008 | FF Notes: This is the earliest government-released inflation data; | Why Traders Care: It contributes to inflation for businesses and consumers, especially those who rely heavily on imported goods and services; | Also Called: Import Price Index;
2008-06-12T00:00:00+04:30
USD
High Impact Expected
Retail Sales m/m
1.0%
0.5%
0.4%
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: Jul 15, 2008 | 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;
2008-06-12T03:01:00+04:30
NZD
Low Impact Expected
BusinessNZ Manufacturing Index
49.3
null
51.5
FF Notice: Source released data 89 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: Jul 10, 2008 | 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;
2008-06-12T03:15:00+04:30
NZD
Low Impact Expected
FPI m/m
1.0%
null
0.3%
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: Jul 15, 2008 | 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);
2008-06-12T05:30:00+04:30
AUD
Low Impact Expected
MI Inflation Expectations
5.9%
null
5.2%
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: Jul 10, 2008 | 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);
2008-06-12T05:55:00+04:30
CNY
Low Impact Expected
Foreign Direct Investment ytd/y
55.0%
null
59.3%
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the total spending on domestic capital investments by foreign companies; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Jul 11, 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. Data represents the year-to-date investment compared to the same period a year earlier; | Also Called: Yuan FDI YTD; | Acro Expand: Foreign Direct Investment (FDI), Year to Date (YTD);
2008-06-12T06:00:00+04:30
AUD
High Impact Expected
Employment Change
-19.7K
13.8K
37.5K
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: Jul 10, 2008 | 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;
2008-06-12T06:30:00+04:30
CNY
Medium Impact Expected
CPI y/y
7.7%
7.9%
8.5%
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: Jul 17, 2008 | 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);
2008-06-12T11:15:00+04:30
EUR
Low Impact Expected
French Final Private Payrolls q/q
0.4%
0.3%
0.2%
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: Sep 11, 2008 | 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;
2008-06-12T12:30:00+04:30
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: Jul 10, 2008 | 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);
2008-06-12T13:00:00+04:30
GBP
Medium Impact Expected
Consumer Inflation Expectations
4.3%
null
3.3%
Source: Bank of England (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 quarterly, about 20 days after the survey is conducted; | Next Release: Sep 11, 2008 | 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 2,000 consumers, conducted by Ipsos, which asks respondents where they expect prices to be 12 months in the future; | Also Called: BOE/Ipsos Inflation Attitudes Survey, Median Inflation Expectations; | Acro Expand: Bank of England (BOE);
2008-06-12T13:30:00+04:30
EUR
Medium Impact Expected
Industrial Production m/m
0.9%
0.0%
-0.5%
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: Jul 14, 2008 | 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;
2008-06-12T13:45:00+04:30
EUR
Medium Impact Expected
German Buba President Weber Speaks
null
null
null
Description: Due to speak about financial markets and central bank at the European Money and Finance Forum, in Munich; | Source: Bundesbank (latest release) | Speaker: Deutsche Bundesbank President Axel Weber; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jun 25, 2008 | FF Notes: Deutsche Bundesbank President and voting member of the ECB Governing Council Apr 2004 - Apr 2011. He's believed to be one of the most influential members of the council; | Why Traders Care: ECB Governing Council members vote on where to set the Eurozone's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Deutsche Bundesbank (Buba), European Central Bank (ECB);
2008-06-12T14:30:00+04:30
CHF
Medium Impact Expected
Gov Board Member Jordan Speaks
null
null
null
Description: Due to speak at the British-Swiss Chamber of Commerce, in London; | 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: Sep 2, 2008 | 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);
2008-06-12T17:00:00+04:30
USD
High Impact Expected
Core Retail Sales m/m
1.2%
0.7%
1.0%
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: Jul 15, 2008 | 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;
2008-06-12T18:30:00+04:30
USD
Medium Impact Expected
Business Inventories m/m
0.5%
0.3%
0.2%
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: Jul 15, 2008 | Why Traders Care: It's a signal of future business spending because companies are more likely to purchase goods once they have depleted inventories;
2008-06-12T19:05:00+04:30
USD
Low Impact Expected
Natural Gas Storage
80B
94B
105B
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: Jun 19, 2008 | 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);
2008-06-12T20:00:00+04:30
USD
High Impact Expected
Fed Chairman Bernanke Speaks
null
null
null
Description: Due to give introductory remarks at the dedication of the New Federal Reserve Bank of Kansas City, in Kansas City; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Chairman Ben Bernanke; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jun 16, 2008 | 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);
2008-06-12T21:30:00+04:30
USD
Medium Impact Expected
10-y Bond Auction
4.23|2.3
null
3.94|2.2
Source: Treasury Direct (latest release) | Measures: Highest 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: Conducted monthly; | Next Release: Aug 6, 2008 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the highest interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted); | 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: Treasury Auction, Note Auction;
2008-06-13T00:00:00+04:30
NZD
High Impact Expected
Retail Sales m/m
1.0%
0.5%
-1.2%
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: Jul 14, 2008 | FF Notes: Source discontinued this data in Feb 2011;
2008-06-13T00:00:00+04:30
USD
Medium Impact Expected
CPI m/m
0.6%
0.5%
0.2%
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: Jul 16, 2008 | 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);
2008-06-13T00:00:00+04:30
JPY
Medium 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: Jul 17, 2008 | 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);
2008-06-13T00:00:00+04:30
USD
High Impact Expected
CPI y/y
4.2%
3.9%
3.9%
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: Jul 16, 2008 | 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);
2008-06-13T00:00:00+04:30
USD
High Impact Expected
Core CPI m/m
0.2%
0.2%
0.1%
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: Jul 16, 2008 | 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);
2008-06-13T00:00:00+04:30
USD
Low Impact Expected
Prelim UoM Inflation Expectations
5.1%
null
5.2%
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, around the middle of the current month; | Next Release: Jul 11, 2008 | FF Notes: There are 2 versions of this data released 14 days apart – Preliminary and Revised. The Preliminary release is the earlier and thus tends to have the most 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 420 consumers which asks respondents where they expect prices to be 12 months in the future; | Acro Expand: University of Michigan (UoM);
2008-06-13T00:00:00+04:30
CAD
Medium Impact Expected
Manufacturing Sales m/m
2.0%
0.2%
-1.7%
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: Jul 16, 2008 | 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;
2008-06-13T03:15:00+04:30
NZD
High Impact Expected
Core Retail Sales m/m
-0.5%
0.2%
-0.4%
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: Jul 14, 2008 | FF Notes: Source discontinued this data in Feb 2011; | Also Called: Retail Sales Ex Autos;
2008-06-13T06:30:00+04:30
CNY
Low Impact Expected
Retail Sales y/y
21.6%
21.9%
22.0%
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: Jul 17, 2008 | 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;
2008-06-13T07:40:00+04:30
AUD
High Impact Expected
RBA Gov Stevens Speaks
null
null
null
Description: Due to speak about economic conditions at the American Chamber of Commerce Luncheon, in Melbourne; | Source: Reserve Bank of Australia (latest release) | Speaker: RBA Governor Glenn Stevens; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jul 16, 2008 | FF Notes: RBA Governor Sep 2006 - Sep 2016. 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: Reserve Bank of Australia (RBA);
2008-06-13T07:53:00+04:30
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: Jul 15, 2008 | 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);
2008-06-13T09:00:00+04:30
JPY
Low Impact Expected
Revised Industrial Production m/m
-0.2%
-0.3%
-0.3%
Source: METI (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: Jul 11, 2008 | 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 15 days apart - Preliminary and Revised. The Preliminary release is the earliest and thus tends to have the most 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;
2008-06-13T09:30:00+04:30
JPY
Low Impact Expected
Consumer Confidence
33.9
34.5
35.2
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: Jul 11, 2008 | 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;
2008-06-13T10:30:00+04:30
EUR
Low Impact Expected
German Final CPI m/m
0.6%
0.6%
0.6%
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: Jul 16, 2008 | 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);
2008-06-13T11:55:00+04:30
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: Jul 15, 2008 | 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);
2008-06-13T13:30:00+04:30
EUR
Low Impact Expected
Final Employment Change q/q
0.3%
null
0.3%
Source: Eurostat (latest release) | Measures: Change in the number of employed people; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 65 days after the quarter ends; | Next Release: Sep 12, 2008 | FF Notes: The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about 20 days apart – Flash and Final. The Flash release, which the source first reported in Nov 2018, is the earliest and thus tends to have the most impact;
2008-06-13T17:00:00+04:30
CAD
Medium Impact Expected
Labor Productivity q/q
-0.3%
-0.4%
-0.7%
Source: Statistics Canada (latest release) | Measures: Change in labor efficiency when producing goods and services; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released quarterly, about 65 days after the quarter ends; | Next Release: Sep 10, 2008 | 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;
2008-06-13T18:25:00+04:30
USD
High Impact Expected
Prelim UoM Consumer Sentiment
56.7
59.5
59.8
Source: University of Michigan (latest release) | Measures: Level of a composite index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the middle of the current month; | Next Release: Jul 11, 2008 | FF Notes: There are 2 versions of this data released 14 days apart – Preliminary and Revised. The Preliminary release is the earlier and thus tends to have the most impact; | 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 420 consumers which asks respondents to rate the relative level of current and future economic conditions; | Acro Expand: University of Michigan (UoM);
2008-06-13T23:59:59+04:30
All
Medium Impact Expected
G8 Meetings
null
null
null
Description: Due to meet about a range of global economic issues, including food prices, energy prices, and the upcoming G8 Annual Summit, in Osaka; | Next Release: Jul 7, 2008 | FF Notes: G8 meetings are usually attended by finance ministers and central bankers from the G7 nations - Canada, Italy, France, Germany, Japan, the UK, and the US - with the addition of Russia. 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 G8 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 Eight (G8);
2008-06-13T23:59:59+04:30
EUR
Medium Impact Expected
Irish Lisbon Treaty Vote
No
No
null
Description: Ireland will vote on a referendum to accept or reject the European Union's Lisbon Treaty. The outcome of the vote will determine whether or not the treaty will go into effect for the entire European Union; | Source: Referendum Ireland | Next Release: Oct 3, 2009 | FF Notes: The result will likely be projected before the official vote count is announced, based on early vote counts and exit polling;
2008-06-14T09:30:00+04:30
USD
Medium Impact Expected
Treasury Sec Paulson Speaks
null
null
null
Description: Due to hold a press conference at the conclusion of the G8 meeting, in Osaka; | Source: US Department of the Treasury (latest release) | Speaker: US Treasury Secretary Henry Paulson; | Next Release: Jun 19, 2008 | 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;
2008-06-16T00:00:00+04:30
EUR
Medium Impact Expected
Final Core CPI y/y
1.7%
1.8%
1.6%
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: Jul 16, 2008 | 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);
2008-06-16T00:00:00+04:30
USD
Medium Impact Expected
Empire State Manufacturing Index
-8.7
-1.5
-3.2
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: Jul 15, 2008 | 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;
2008-06-16T03:19:00+04:30
NZD
Low Impact Expected
Manufacturing Sales q/q
3.7%
null
8.3%
FF Notice: Source released data 4 minutes later than scheduled; | Source: Statistics New Zealand (latest release) | Measures: Change in the total value of sales at the manufacturing level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 70 days after the quarter ends; | Next Release: Sep 15, 2008 | Also Called: Economic Survey of Manufacturing, Manufacturing Activity;
2008-06-16T03:31:00+04:30
GBP
Low Impact Expected
BOE Quarterly Bulletin
null
null
null
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released quarterly; | Next Release: Sep 22, 2008 | FF Notes: Tends to have a muted impact because some parts of the bulletin are released early; | Why Traders Care: This release includes commentary on market developments and monetary policy operations, along with reports on a range of domestic and international economic issues, market research, and market analysis; | Acro Expand: Bank of England (BOE);
2008-06-16T06:30:00+04:30
CNY
High Impact Expected
Industrial Production y/y
16.0%
16.2%
15.7%
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: Jul 17, 2008 | 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;
2008-06-16T11:45:00+04:30
CHF
Medium Impact Expected
Retail Sales y/y
2.4%
4.1%
-2.5%
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: Jul 16, 2008 | 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;
2008-06-16T13:30:00+04:30
EUR
High Impact Expected
Final CPI y/y
3.7%
3.6%
3.6%
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: Jul 16, 2008 | 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);
2008-06-16T17:00:00+04:30
CAD
Low Impact Expected
New Motor Vehicle Sales m/m
-2.6%
0.0%
-1.6%
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: Jul 15, 2008 | 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;
2008-06-16T17:30:00+04:30
USD
High Impact Expected
TIC Long-Term Purchases
115.1B
63.0B
79.6B
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: Jul 16, 2008 | 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);
2008-06-16T18:30:00+04:30
USD
High Impact Expected
Fed Chairman Bernanke Speaks
null
null
null
Description: Due to deliver a speech titled "Challenges for Health-Care Reform" at the Senate Finance Committee Health Reform Summit, 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: Jul 8, 2008 | 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);
2008-06-16T21:44:00+04:30
USD
Low Impact Expected
NAHB Housing Market Index
18
19
19
FF Notice: Source released data 14 minutes later than scheduled; | 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: Jul 16, 2008 | 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);
2008-06-17T00:00:00+04:30
USD
High Impact Expected
PPI m/m
1.4%
1.0%
0.2%
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: Jul 15, 2008 | 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);
2008-06-17T00:00:00+04:30
GBP
Medium Impact Expected
Core CPI y/y
1.5%
1.5%
1.4%
Source: Office for National Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding the volatile food, energy, alcohol, and tobacco items; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Jul 15, 2008 | FF Notes: The Core data has a mild impact relative to other countries because overall CPI is the central bank's mandated inflation target; | Acro Expand: Consumer Price Index (CPI);
2008-06-17T00:00:00+04:30
USD
Medium Impact Expected
Industrial Production m/m
-0.2%
0.1%
-0.7%
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: Jul 16, 2008 | 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;
2008-06-17T00:00:00+04:30
USD
High Impact Expected
Building Permits
0.97M
0.96M
0.98M
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: Jul 17, 2008 | 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;
2008-06-17T00:00:00+04:30
USD
Medium Impact Expected
Housing Starts
0.98M
0.99M
1.01M
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: Jul 17, 2008 | 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;
2008-06-17T00:00:00+04:30
USD
Medium Impact Expected
Current Account
-176B
-174B
-167B
Source: Bureau of Economic Analysis (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: Sep 17, 2008 | FF Notes: The goods and services portion has no impact because it's a duplicate of the monthly Trade Balance data; | 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: International Transactions;
2008-06-17T00:00:00+04:30
AUD
Low Impact Expected
Housing Starts q/q
-3.3%
-0.7%
4.2%
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the number of new residential buildings that began construction; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: Sep 15, 2008 | FF Notes: Source discontinued this data in Sep 2012. Tends to produce a relatively muted impact because the tightly-correlated Building Permits data is released monthly; | 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; | Also Called: Dwelling Commencements;
2008-06-17T00:00:00+04:30
USD
Medium Impact Expected
Core PPI m/m
0.2%
0.2%
0.4%
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: Jul 15, 2008 | 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);
2008-06-17T00:00:00+04:30
EUR
Medium Impact Expected
ZEW Economic Sentiment
-52.7
-43.9
-43.6
Source: ZEW (latest release) | Measures: Level of a diffusion index based on surveyed German institutional investors and analysts; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the second or third Tuesday of the current month; | Next Release: Jul 15, 2008 | FF Notes: Above 0.0 indicates optimism, below indicates pessimism. The ZEW survey is historically focused on the German economy, and Germany tends to lead the Eurozone economy, so this overall Eurozone outlook tends to be overshadowed by the German data released at the same time; | 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 160 German institutional investors and analysts which asks respondents to rate the relative 6-month economic outlook for the Eurozone; | Acro Expand: Zentrum fur Europaische Wirtschaftsforschung (ZEW);
2008-06-17T00:00:00+04:30
GBP
Low Impact Expected
RPI y/y
4.3%
4.2%
4.2%
Source: Office for National Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers for the purpose of consumption; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Jul 15, 2008 | FF Notes: RPI differs from CPI in that it only measures goods and services bought for the purpose of consumption by the vast majority of households, and it includes housing costs which are excluded from CPI; | Acro Expand: Retail Price Index (RPI), Consumer Price Index (CPI);
2008-06-17T00:00:00+04:30
EUR
Low Impact Expected
Trade Balance
2.2B
-0.5B
-1.1B
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: Jul 18, 2008 | 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;
2008-06-17T04:20:00+04:30
JPY
Medium Impact Expected
Tertiary Industry Activity m/m
1.8%
0.5%
0.0%
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: Jul 16, 2008 | 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;
2008-06-17T06:00:00+04:30
AUD
High Impact Expected
Monetary Policy Meeting Minutes
null
null
null
Source: Reserve Bank of Australia (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: 8 times per year, 2 weeks after the Cash Rate is announced; | Next Release: Jul 15, 2008 | FF Notes: Source first released in Dec 2007; | Why Traders Care: It's a detailed record of the RBA Reserve Bank Board's most recent meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates; | Acro Expand: Reserve Bank of Australia (RBA);
2008-06-17T06:30:00+04:30
CNY
Medium Impact Expected
Fixed Asset Investment ytd/y
25.6%
25.6%
25.7%
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: Jul 17, 2008 | 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;
2008-06-17T11:45:00+04:30
CHF
Medium Impact Expected
Industrial Production q/q
-9.3%
-5.1%
7.3%
Source: Federal Statistical Office (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 quarterly, about 75 days after the quarter ends; | Next Release: Sep 16, 2008 | FF Notes: Source discontinued this data in Mar 2012; | 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;
2008-06-17T12:30:00+04:30
EUR
Low Impact Expected
Italian Trade Balance
-1.00B
-1.01B
-0.54B
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: Jul 17, 2008 | 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;
2008-06-17T13:00:00+04:30
GBP
High Impact Expected
CPI y/y
3.3%
3.2%
3.0%
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: Jul 15, 2008 | 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);
2008-06-17T13:30:00+04:30
EUR
High Impact Expected
German ZEW Economic Sentiment
-52.4
-42.4
-41.4
Source: ZEW (latest release) | Measures: Level of a diffusion index based on surveyed German institutional investors and analysts; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the second or third Tuesday of the current month; | Next Release: Jul 15, 2008 | 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 160 German institutional investors and analysts which asks respondents to rate the relative 6-month economic outlook for Germany; | Acro Expand: Zentrum fur Europaische Wirtschaftsforschung (ZEW);
2008-06-17T14:00:00+04:30
GBP
High Impact Expected
BOE Inflation Letter
null
null
null
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Next Release: Sep 16, 2008 | FF Notes: The letter is only issued when the latest CPI y/y is above 3.0% or below 1.0%, but can only be released once every 3 months; | Why Traders Care: It gives insight into the future of monetary policy - when CPI y/y moves more than 1% from the mandated target rate of 2%, the BOE Governor is required to write an open letter to the chancellor of the exchequer explaining what is being done to address the situation; | Acro Expand: Bank of England (BOE), Consumer Price Index (CPI);
2008-06-17T17:00:00+04:30
CAD
Medium Impact Expected
Foreign Securities Purchases
9.75B
4.03B
5.30B
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: Jul 17, 2008 | 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;
2008-06-17T17:45:00+04:30
USD
Medium Impact Expected
Capacity Utilization Rate
79.4%
79.7%
79.6%
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: Jul 16, 2008 | 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;
2008-06-18T04:20:00+04:30
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: Jul 18, 2008 | 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);
2008-06-18T05:00:00+04:30
AUD
Low Impact Expected
MI Leading Index m/m
0.4%
null
0.1%
Source: Melbourne Institute (latest release) | Measures: Change in the level of a composite index based on 9 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the third Wednesday after the month ends; | Next Release: Jul 16, 2008 | 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. Full reports are only available to Melbourne Institute subscribers; | Derived Via: Combined reading of 9 economic indicators related to consumer confidence, housing, stock market prices, unemployment expectations, hours worked, commodity prices, and interest rate spreads; | Also Called: Westpac/MI Indexes of Economic Activity, Westpac Leading Index; | Acro Expand: Melbourne Institute (MI);
2008-06-18T13:00:00+04:30
GBP
High Impact Expected
MPC Official Bank Rate Votes
0-1-8
0-1-8
0-1-8
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly; | Next Release: Jul 23, 2008 | FF Notes: The vote is reported in an 'X-X-X' format - the first number is how many MPC members voted to increase interest rates, the second number is how many voted to decrease rates, and the third is how many voted to hold rates; | Why Traders Care: The BOE's MPC meeting minutes contain the interest rate vote for each MPC member during the most recent meeting. The breakdown of votes provides insight into which members are changing their stance on interest rates and how close the committee is to enacting a rate change in the future; | Acro Expand: Monetary Policy Committee (MPC);
2008-06-18T13:30:00+04:30
CHF
Medium Impact Expected
UBS Economic Expectations
-63.8
null
-60.4
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: Jul 17, 2008 | 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);
2008-06-18T14:30:00+04:30
GBP
Medium Impact Expected
CBI Industrial Order Expectations
1
-12
-10
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: Jul 23, 2008 | 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);
2008-06-18T17:00:00+04:30
CAD
Low Impact Expected
Leading Index m/m
0.2%
0.2%
0.0%
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: Jul 18, 2008 | 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;
2008-06-18T19:05:00+04:30
USD
Medium Impact Expected
Crude Oil Inventories
-1.2M
-1.5M
-4.6M
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: Jun 25, 2008 | 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);
2008-06-18T23:00:00+04:30
GBP
High Impact Expected
BOE Gov King Speaks
null
null
null
Description: Due to speak at the Lord Mayor’s Banquet for Bankers and Merchants of the City of London, 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: Jul 22, 2008 | 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);
2008-06-19T00:00:00+04:30
GBP
Low Impact Expected
M4 Money Supply m/m
0.4%
0.5%
0.5%
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: Jul 18, 2008 | 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;
2008-06-19T00:00:00+04:30
CAD
Medium Impact Expected
CPI m/m
1.0%
0.6%
0.8%
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: Jul 23, 2008 | 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);
2008-06-19T00:00:00+04:30
USD
Low Impact Expected
CB Leading Index m/m
0.1%
0.0%
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: Jul 21, 2008 | 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);
2008-06-19T00:00:00+04:30
USD
High Impact Expected
Unemployment Claims
381K
375K
386K
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: Jun 26, 2008 | 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;
2008-06-19T00:00:00+04:30
GBP
Low Impact Expected
Public Sector Net Borrowing
11.0B
9.0B
1.8B
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: Jul 18, 2008 | 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;
2008-06-19T00:00:00+04:30
CHF
High Impact Expected
SNB Press Conference
null
null
null
Source: Swiss National Bank (latest release) | Speaker: SNB Chairman and Governing Board Members; | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled quarterly; | Next Release: Dec 11, 2008 | FF Notes: The conference is held when rates are announced in June and December. It's about an hour long and has 2 parts - first the prepared statements are read, then the conference is open to press questions. The questions often lead to unscripted answers that create market volatility; | Why Traders Care: It's among the primary tools the SNB Governing Board uses to communicate with investors about monetary policy and the economic outlook; | Also Called: Interest Rate Media Conference; | Acro Expand: Swiss National Bank (SNB);
2008-06-19T00:00:00+04:30
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: Sep 18, 2008 | 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);