DateTime
stringdate 2007-01-01 04:30:00+0330
2025-04-07 21:30:00+0330
| Currency
stringclasses 10
values | Impact
stringclasses 4
values | Event
stringclasses 593
values | Actual
stringlengths 1
9
⌀ | Forecast
stringlengths 1
8
⌀ | Previous
stringlengths 1
9
⌀ | Detail
stringlengths 106
1.37k
⌀ |
|---|---|---|---|---|---|---|---|
2008-06-19T04:20:00+04:30
|
JPY
|
Low Impact Expected
|
All Industries Activity m/m
|
0.8%
|
0.3%
|
0.3%
|
Source: METI (latest release) | Measures: Change in the total value of goods and services purchased by businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Jul 22, 2008 | FF Notes: Source discontinued this data in Sep 2020; | 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;
|
2008-06-19T06:00:00+04:30
|
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: Jul 17, 2008 | 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);
|
2008-06-19T10:45:00+04:30
|
CHF
|
Low Impact Expected
|
Trade Balance
|
1.87B
|
1.58B
|
1.53B
|
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: Jul 22, 2008 | 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;
|
2008-06-19T11:10:00+04:30
|
JPY
|
Medium Impact Expected
|
BOJ Gov Shirakawa Speaks
| null | null | null |
Description: Due to speak at the annual meeting of the National Association of Shinkin Banks, in Tokyo; | Source: Bank of Japan (latest release) | Speaker: BOJ Governor Masaaki Shirakawa; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jul 7, 2008 | FF Notes: BOJ Governor Apr 2008 - Mar 2013. Volatility is sometimes 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 important influence over the nation's currency value. Traders scrutinize his speeches as they are often used to drop subtle clues regarding future monetary policy and interest rate shifts; | Acro Expand: Bank of Japan (BOJ);
|
2008-06-19T12:00:00+04:30
|
CHF
|
High Impact Expected
|
Libor Rate
|
2.75%
|
2.75%
|
2.75%
|
FF Notice: Source maintained a target range of 2.25% to 3.25%; | Source: Swiss National Bank (latest release) | Measures: London interest rate for 3-month Swiss franc deposits; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled quarterly; | Next Release: Sep 18, 2008 | FF Notes: This rate was the SNB's main operating target until it was discontinued in Jun 2019; | 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: SNB Governing Board members come to a consensus on where to set the target range for the rate; | Also Called: Interest Rates, Libor, 3-month Rate; | Acro Expand: London Interbank Offered Rate (Libor), Swiss National Bank (SNB);
|
2008-06-19T12:30:00+04:30
|
CHF
|
Medium Impact Expected
|
SNB Financial Stability Report
| null | null | null |
Source: Swiss National Bank (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released annually; | Next Release: Jun 18, 2009 | Why Traders Care: It's an assessment of conditions in the financial system and potential risks to financial stability - the evidence on strains and imbalances can provide insight into the future of monetary policy; | Acro Expand: Swiss National Bank (SNB);
|
2008-06-19T13:00:00+04:30
|
GBP
|
High Impact Expected
|
Retail Sales m/m
|
3.5%
|
-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: Jul 24, 2008 | 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;
|
2008-06-19T13:30:00+04:30
|
EUR
|
Low Impact Expected
|
Italian Quarterly Unemployment Rate
|
6.5%
|
6.0%
|
6.2%
|
FF Notice: Initial release time was shifted 1 hour later due to source rescheduling; | Source: Istat (latest release) | Measures: Percentage of total work force that is unemployed and actively seeking employment during the previous quarter; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released quarterly, about 60 days after the quarter ends; | Next Release: Sep 29, 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 there are several earlier indicators related to Eurozone labor conditions; | 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;
|
2008-06-19T14:00:00+04:30
|
EUR
|
Low Impact Expected
|
Spanish 10-y Bond Auction
|
4.83|1.6
| null |
4.26|2.3
|
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: Jul 17, 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;
|
2008-06-19T15:30:00+04:30
|
CAD
|
High Impact Expected
|
Core CPI m/m
|
0.3%
|
0.3%
|
0.3%
|
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: Jul 23, 2008 | 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);
|
2008-06-19T17:00:00+04:30
|
CAD
|
Medium Impact Expected
|
Wholesale Sales m/m
|
1.4%
|
0.8%
|
0.7%
|
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: Jul 18, 2008 | 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;
|
2008-06-19T18:30:00+04:30
|
USD
|
Medium Impact Expected
|
Philly Fed Manufacturing Index
|
-17.1
|
-10.0
|
-15.6
|
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: Jul 17, 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 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;
|
2008-06-19T19:05:00+04:30
|
USD
|
Low Impact Expected
|
Natural Gas Storage
|
57B
|
61B
|
80B
|
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 26, 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);
|
2008-06-19T21:15:00+04:30
|
USD
|
Low Impact Expected
|
Treasury Sec Paulson Speaks
| null | null | null |
Description: Due to speak about the economy and the financial markets at the Women in Housing meeting, in Washington DC; | Source: US Department of the Treasury (latest release) | Speaker: US Treasury Secretary Henry Paulson; | Next Release: Jul 2, 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;
|
2008-06-19T23:00:00+04:30
|
USD
|
High Impact Expected
|
FOMC Member Kohn Speaks
| null | null | null |
Description: Due to testify on risk management and its implications for systemic risk before the Senate Subcommittee on Securities, Insurance, and Investment, and the Committee on Banking, Housing, and Urban Affairs, in Washington DC; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Donald Kohn; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Sep 11, 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;
|
2008-06-19T23:30:00+04:30
|
GBP
|
Medium Impact Expected
|
MPC Member Gieve Speaks
| null | null | null |
Description: Due to speak at the North East Chamber of Commerce Dinner, in Durham; | 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: Jul 18, 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);
|
2008-06-20T00:00:00+04:30
|
CAD
|
Medium Impact Expected
|
Retail Sales m/m
|
0.6%
|
0.6%
|
0.0%
|
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: Jul 22, 2008 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
|
2008-06-20T03:15:00+04:30
|
NZD
|
Low Impact Expected
|
Visitor Arrivals m/m
|
9.4%
| null |
-11.8%
|
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: Jul 21, 2008 | 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;
|
2008-06-20T07:15:00+04:30
|
CAD
|
Medium Impact Expected
|
BOC Gov Carney Speaks
| null | null | null |
Description: Due to deliver a speech titled "Capitalizing on the Commodity Boom: The Role of Monetary Policy" at the Haskayne School of Business, in Calgary; | Source: Bank of Canada (latest release) | Speaker: BOC Governor Mark Carney; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Sep 25, 2008 | FF Notes: BOC Governor Feb 2008 - May 2013. Volatility is sometimes experienced during his speeches as traders attempt to decipher interest rate clues. In Nov 2012 it was announced that Carney would head the Bank of England in Jul 2013, thereby also making the pound potentially sensitive to his speeches; | 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 Canada (BOC);
|
2008-06-20T10:30:00+04:30
|
EUR
|
Medium Impact Expected
|
German PPI m/m
|
1.0%
|
0.9%
|
1.1%
|
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: Jul 18, 2008 | 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);
|
2008-06-20T11:45:00+04:30
|
CHF
|
Medium Impact Expected
|
PPI m/m
|
1.2%
|
0.9%
|
0.7%
|
Source: Federal Statistical Office (latest release) | Measures: Change in the price of goods and raw materials purchased by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 14 days after the month ends; | Next Release: Jul 21, 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; | Also Called: Producer and Import Prices, Producer Input Prices; | Acro Expand: Producer Price Index (PPI);
|
2008-06-20T17:00:00+04:30
|
CAD
|
High Impact Expected
|
Core Retail Sales m/m
|
1.1%
|
0.5%
|
0.1%
|
Source: Statistics Canada (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 50 days after the month ends; | Next Release: Jul 22, 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; | Also Called: Retail Sales Ex Autos;
|
2008-06-20T21:15:00+04:30
|
EUR
|
Medium Impact Expected
|
ECB President Trichet Speaks
| null | null | null |
Description: Due to speak at the Forum of Financing of Enterprises, in Belgium; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Jun 25, 2008 | 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);
|
2008-06-21T19:00:00+04:30
|
CAD
|
Low Impact Expected
|
BOC Financial System Review
| null | null | null |
Source: Bank of Canada (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released annually; | Next Release: Dec 21, 2008 | Why Traders Care: It's an assessment of conditions in the financial system and potential risks to financial stability - the evidence on strains and imbalances can provide insight into the future of monetary policy; | Acro Expand: Bank of Canada (BOC);
|
2008-06-22T23:59:59+04:30
|
All
|
Medium Impact Expected
|
Jeddah Oil Summit
| null | null | null |
Description: Oil ministers and heads of state from major oil producing countries are due to meet about oil prices, in Jeddah;
|
2008-06-23T00:00:00+04:30
|
EUR
|
Medium Impact Expected
|
Flash Manufacturing PMI
|
49.1
|
50.2
|
50.5
|
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Jul 24, 2008 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Jun 2007, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 5,000 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
|
2008-06-23T00:00:00+04:30
|
EUR
|
Low Impact Expected
|
German Flash Services PMI
|
53.3
|
53.1
|
53.8
|
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Jul 24, 2008 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 800 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
|
2008-06-23T00:00:00+04:30
|
EUR
|
Medium Impact Expected
|
Flash Services PMI
|
49.5
|
50.5
|
50.6
|
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Jul 24, 2008 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Jun 2007, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 5,000 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
|
2008-06-23T00:00:00+04:30
|
EUR
|
Low Impact Expected
|
French Flash Services PMI
|
49.2
|
50.8
|
50.5
|
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Jul 24, 2008 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 750 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
|
2008-06-23T03:31:00+04:30
|
GBP
|
Medium Impact Expected
|
Rightmove HPI m/m
|
-1.2%
| null |
1.2%
|
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: Jul 21, 2008 | 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);
|
2008-06-23T04:20:00+04:30
|
JPY
|
Medium Impact Expected
|
BSI Manufacturing Index
|
-15.1
|
-17.0
|
-12.9
|
Source: Ministry of Finance (latest release) | Measures: Level of a diffusion index based on surveyed large manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 70 days into the current quarter; | Next Release: Sep 24, 2008 | FF Notes: Above 0.0 indicates optimism, below indicates pessimism. This survey is used to predict the BOJ's Tankan survey released about a week later; | 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 14,400 large manufacturers which asks respondents to rate the relative level of general business conditions; | Acro Expand: Business Survey Index (BSI), Bank of Japan (BOJ);
|
2008-06-23T06:00:00+04:30
|
AUD
|
Low Impact Expected
|
New Motor Vehicle Sales m/m
|
-1.6%
| null |
-0.6%
|
Source: Australian Bureau of Statistics (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 16 days after the month ends; | Next Release: Jul 21, 2008 | FF Notes: Source discontinued this data in Jan 2018; | 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;
|
2008-06-23T07:34:00+04:30
|
NZD
|
Low Impact Expected
|
Credit Card Spending y/y
|
5.9%
| null |
8.2%
|
FF Notice: Source released data 4 minutes later than scheduled; | Source: Reserve Bank of New Zealand (latest release) | Measures: Change in total spending facilitated with a credit card; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 21 days after the month ends; | Next Release: Jul 21, 2008 | Why Traders Care: It's correlated with consumer spending and confidence - rising debt levels are a sign that lenders feel comfortable issuing loans, and that consumers are confident in their financial position and eager to spend money;
|
2008-06-23T10:15:00+04:30
|
CHF
|
Medium Impact Expected
|
SECO Economic Forecasts
| null | null | null |
Source: SECO (latest release) | Frequency: Quarterly; | Next Release: Oct 2, 2008 | FF Notes: This report forecasts the major GDP components such as consumption and investment, together with key indicators including employment and inflation; | Why Traders Care: SECO is the federal government's source of expertise for all core issues relating to economic policy and their forecasts are well respected by market participants; | Acro Expand: State Secretariat for Economic Affairs (SECO);
|
2008-06-23T11:30:00+04:30
|
EUR
|
Medium Impact Expected
|
French Flash Manufacturing PMI
|
49.2
|
51.0
|
51.5
|
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Jul 24, 2008 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 750 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
|
2008-06-23T12:00:00+04:30
|
EUR
|
Medium Impact Expected
|
German Flash Manufacturing PMI
|
52.3
|
53.2
|
53.6
|
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Jul 24, 2008 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 800 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
|
2008-06-23T12:30:00+04:30
|
EUR
|
High Impact Expected
|
German ifo Business Climate
|
101.3
|
102.5
|
103.5
|
Source: ifo Institute (latest release) | Measures: Level of a composite index based on surveyed manufacturers, builders, wholesalers, services, and retailers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Jul 24, 2008 | FF Notes: This survey is highly respected due to its large sample size and historic correlation with German and wider Eurozone economic conditions. It tends to create a hefty market impact upon release. Source changed series from a base year of 2000 to a base year of 2005, as of May 2011, and changed series to include services, as of Apr 2018; | 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 9,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the next 6 months; | Acro Expand: Information and Forschung (ifo);
|
2008-06-23T14:30:00+04:30
|
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: Jul 21, 2008 | 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);
|
2008-06-23T17:30:00+04:30
|
EUR
|
Medium Impact Expected
|
Belgian NBB Business Climate
|
-5.9
|
-3.5
|
-1.6
|
Source: National Bank of Belgium (latest release) | Measures: Level of a composite index based on surveyed manufacturers, builders, services, and trade-related firms; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Jul 24, 2008 | FF Notes: Above 0.0 indicates improving conditions, below indicates worsening conditions. This survey is highly respected due to its source and large sample size. Source changed series calculation formula as of April 2009; | 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 3,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the next 3 months; | Also Called: Business Confidence Gross Synthetic Curve; | Acro Expand: National Bank of Belgium (NBB);
|
2008-06-24T00:00:00+04:30
|
USD
|
Low Impact Expected
|
HPI m/m
|
-0.8%
|
-0.5%
|
-0.6%
|
Source: FHFA (latest release) | Measures: Change in the purchase price of homes with mortgages backed by Fannie Mae and Freddie Mac; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 60 days after the month ends; | Next Release: Jul 22, 2008 | FF Notes: Source began m/m frequency in Mar 2008; | 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);
|
2008-06-24T00:00:00+04:30
|
USD
|
Low Impact Expected
|
Richmond Manufacturing Index
|
-12
|
-5
|
-3
|
FF Notice: 'Actual' data initially misstated, then rectified 14 seconds after release. We regret the error; | Source: Federal Reserve Bank of Richmond (latest release) | Measures: Level of a composite index based on surveyed manufacturers in Richmond; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the fourth Tuesday of the current month; | Next Release: Jul 22, 2008 | FF Notes: Above 0 indicates improving conditions, below indicates worsening conditions. Tends to have a muted impact because there are earlier regional indicators related to manufacturing conditions; | Derived Via: Survey of about 75 manufacturers in the Richmond area which asks respondents to rate the relative level of business conditions including shipments, new orders, and employment; | Also Called: Richmond Fed Index, Manufacturing Activity Index, Composite Manufacturing Index;
|
2008-06-24T00:35:00+04:30
|
CAD
|
Medium Impact Expected
|
Gov Council Member Kennedy Speaks
| null | null | null |
Description: Due to speak about real estate, mortgage markets, and monetary policy at the Investment Industry Association of Canada, in Banff; | Source: Bank of Canada (latest release) | Speaker: BOC Deputy Governor Sheryl Kennedy; | Usual Effect: More hawkish than expected is good for currency; | FF Notes: Governing Council member Oct 1994 - Dec 2008; | 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);
|
2008-06-24T10:30:00+04:30
|
EUR
|
Medium Impact Expected
|
German GfK Consumer Climate
|
3.9
|
4.6
|
4.7
|
Source: NIQ (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 end of the current month; | Next Release: Jul 28, 2008 | FF Notes: Above 0 indicates optimism, below indicates pessimism; | 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 2,000 consumers which asks respondents to rate the relative level of past and future economic conditions, including personal financial situation, climate for major purchases, and overall economic situation; | Also Called: Consumer Sentiment;
|
2008-06-24T11:15:00+04:30
|
EUR
|
Medium Impact Expected
|
French Consumer Spending m/m
|
2.0%
|
0.6%
|
-0.9%
|
Source: INSEE (latest release) | Measures: Change in the inflation-adjusted value of all goods expenditures by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 27 days after the month ends; | Next Release: Jul 23, 2008 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
|
2008-06-24T12:30:00+04:30
|
CHF
|
Medium Impact Expected
|
UBS Consumption Indicator
|
1.91
| null |
2.16
|
Source: UBS AG (latest release) | Measures: Level of a composite index based on 5 consumer-based economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 27 days after the month ends; | Next Release: Jul 29, 2008 | FF Notes: Source discontinued this data in Jan 2018; | Derived Via: Combined reading of 5 economic indicators including consumer confidence, consumer spending, tourism, new car sales, and retail activity;
|
2008-06-24T13:00:00+04:30
|
GBP
|
Medium Impact Expected
|
High Street Lending
|
28.0K
| null |
34.8K
|
Source: UK Finance (latest release) | Measures: Number of new mortgages approved for home purchase by High Street banks during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 24 days after the month ends; | Next Release: Jul 23, 2008 | FF Notes: Source discontinued this data in Jan 2020; | Why Traders Care: It's a leading indicator of housing market demand – most home purchases are financed with a mortgage, so it provides an excellent gauge of how many qualified buyers are entering the market; | Also Called: Gross Mortgage Approvals;
|
2008-06-24T17:30:00+04:30
|
USD
|
Low Impact Expected
|
S&P/CS Composite-20 HPI y/y
|
-15.3%
|
-16.0%
|
-14.3%
|
Source: Standard & Poor's (latest release) | Measures: Change in the selling price of single-family homes in 20 metropolitan areas; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 60 days after the month ends; | Next Release: Jul 29, 2008 | FF Notes: This is one of the few non-seasonally adjusted numbers reported on the calendar, as it's the primary calculation for this indicator; | Why Traders Care: It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity; | Also Called: S&P Corelogic CS Indices; | Acro Expand: Standard & Poor's (S&P), Case-Shiller (CS), House Price Index (HPI);
|
2008-06-24T18:30:00+04:30
|
USD
|
High Impact Expected
|
CB Consumer Confidence
|
50.4
|
56.4
|
58.1
|
Source: The Conference Board Inc. (latest release) | Measures: Level of a composite index based on surveyed households; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the last Tuesday of the current month; | Next Release: Jul 29, 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 3,000 households which asks respondents to rate the relative level of current and future economic conditions including labor availability, business conditions, and overall economic situation; | Acro Expand: The Conference Board (CB);
|
2008-06-25T00:00:00+04:30
|
USD
|
High Impact Expected
|
FOMC Statement
| null | null | null |
FF Notice: Source released statement 6 minutes earlier than scheduled; | Source: Federal Reserve (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: Aug 5, 2008 | FF Notes: The FOMC usually changes the statement slightly at each release. It's these changes that traders focus on; | Why Traders Care: It's the primary tool the FOMC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes; | Also Called: Interest Rate Statement, Fed Statement, Monetary Policy Statement; | Acro Expand: Federal Open Market Committee (FOMC);
|
2008-06-25T00:00:00+04:30
|
USD
|
Medium Impact Expected
|
Durable Goods Orders m/m
|
0.0%
|
0.0%
|
-1.0%
|
Source: Census Bureau (latest release) | Measures: Change in the total value of new purchase orders placed with manufacturers for durable goods; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 26 days after the month ends; | Next Release: Jul 25, 2008 | FF Notes: This data is usually revised via the Factory Orders report released about a week later. Durable goods are defined as hard products having a life expectancy of more than 3 years, such as automobiles, computers, appliances, and airplanes; | Why Traders Care: It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders;
|
2008-06-25T00:00:00+04:30
|
JPY
|
Low Impact Expected
|
Trade Balance
|
0.64T
|
0.41T
|
0.64T
|
Source: Ministry of Finance (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Jul 24, 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. A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: Adjusted Merchandise Trade Balance;
|
2008-06-25T04:20:00+04:30
|
JPY
|
Low Impact Expected
|
SPPI y/y
|
0.6%
|
0.5%
|
0.5%
|
Source: Bank of Japan (latest release) | Measures: Change in the price of services purchased by corporations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 25 days after the month ends; | Next Release: Jul 25, 2008 | Why Traders Care: It's a leading indicator of consumer inflation - when corporations pay more for services the higher costs are usually passed on to the consumer; | Also Called: CSPI; | Acro Expand: Services Producer Price Index (SPPI), Corporate Services Price Index (CSPI);
|
2008-06-25T06:30:00+04:30
|
NZD
|
Low Impact Expected
|
Westpac Consumer Sentiment
|
81.7
| null |
96.5
|
Source: Westpac Banking Corporation (latest release) | Measures: Level of a diffusion index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 80 days into the current quarter; | Next Release: Sep 24, 2008 | FF Notes: Above 100.0 indicates optimism, below indicates pessimism; | 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 1,500 consumers which asks respondents to rate the relative level of past and future economic conditions, including personal financial situation, climate for major purchases, and overall economic situation; | Also Called: Westpac/McDermott Miller Consumer Confidence;
|
2008-06-25T12:30:00+04:30
|
EUR
|
Low Impact Expected
|
Italian Retail Sales m/m
|
0.0%
|
0.3%
|
-0.6%
|
Source: Istat (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 35 days after the month ends; | Next Release: Jul 23, 2008 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
|
2008-06-25T13:00:00+04:30
|
EUR
|
High Impact Expected
|
ECB President Trichet Speaks
| null | null | null |
Description: Due to testify at the quarterly hearing before the Committee on Economic and Monetary Affairs of the European Parliament, in Brussels; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Jun 27, 2008 | 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);
|
2008-06-25T13:30:00+04:30
|
EUR
|
Medium Impact Expected
|
Industrial New Orders m/m
|
2.5%
|
-0.5%
|
-1.2%
|
Source: Eurostat (latest release) | Measures: Change in the total value of new purchase orders placed with manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 55 days after the month ends; | Next Release: Jul 23, 2008 | FF Notes: Source discontinued this data in May 2012; | Why Traders Care: It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders;
|
2008-06-25T14:30:00+04:30
|
GBP
|
High Impact Expected
|
CBI Realized Sales
|
-9
|
-17
|
-14
|
Source: Confederation of British Industry (latest release) | Measures: Level of a diffusion index based on surveyed retailers and wholesalers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the end of the current month; | Next Release: Jul 29, 2008 | FF Notes: Above 0 indicates higher sales volume, below indicates lower. Source changed series calculation formula as of July 2009; | Why Traders Care: It's a leading indicator of consumer spending because retailer and wholesaler sales are directly influenced by consumer buying levels; | Derived Via: Survey of about 125 retail and wholesale companies which asks respondents to rate the relative level of current sales volume; | Also Called: Distributive Trades Survey; | Acro Expand: Confederation of British Industry (CBI);
|
2008-06-25T17:00:00+04:30
|
USD
|
High Impact Expected
|
Core Durable Goods Orders m/m
|
-0.9%
|
-0.9%
|
1.9%
|
Source: Census Bureau (latest release) | Measures: Change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 26 days after the month ends; | Next Release: Jul 25, 2008 | FF Notes: This data is usually revised via the Factory Orders report released about a week later. Orders for aircraft are volatile and can severely distort the underlying trend. The Core data is therefore thought to be a better gauge of purchase order trends; | Why Traders Care: It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders; | Also Called: Durable Goods Orders Ex Transportation;
|
2008-06-25T18:30:00+04:30
|
USD
|
High Impact Expected
|
New Home Sales
|
512K
|
515K
|
525K
|
Source: Census Bureau (latest release) | Measures: Annualized number of new single-family homes that were sold during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the 17th business day after the month ends; | Next Release: Jul 25, 2008 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12); | Why Traders Care: It's a leading indicator of economic health because the sale of a new home triggers a wide-reaching ripple effect. For example, furniture and appliances are purchased for the home, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction; | Also Called: New Residential Sales;
|
2008-06-25T19:05:00+04:30
|
USD
|
Low Impact Expected
|
Crude Oil Inventories
|
0.8M
|
-0.1M
|
-1.2M
|
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: Jul 2, 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);
|
2008-06-25T19:30:00+04:30
|
EUR
|
Medium Impact Expected
|
German Buba President Weber Speaks
| null | null | null |
Description: Due to speak about financial markets and monetary policy at the University of Constance, in Konstanz; | Source: Bundesbank (latest release) | Speaker: Deutsche Bundesbank President Axel Weber; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Sep 16, 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);
|
2008-06-25T22:39:00+04:30
|
USD
|
High Impact Expected
|
Federal Funds Rate
|
2.00%
|
2.00%
|
2.00%
|
FF Notice: Source released data 6 minutes earlier than scheduled; | Source: Federal Reserve (latest release) | Measures: Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: Aug 5, 2008 | FF Notes: The rate decision is usually priced into the market, so it tends to be overshadowed by the FOMC Statement, which is focused on the future; | Why Traders Care: Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future; | Derived Via: FOMC members vote on where to set the target rate. The individual votes are published in the FOMC statement; | Also Called: Interest Rates, Fed Funds Rate; | Acro Expand: Federal Open Market Committee (FOMC);
|
2008-06-26T00:00:00+04:30
|
USD
|
Low Impact Expected
|
Final GDP Price Index q/q
|
2.7%
|
2.6%
|
2.6%
|
Source: Bureau of Economic Analysis (latest release) | Measures: Annualized change in the price of all goods and services included in GDP; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 85 days after the quarter ends; | Next Release: Sep 26, 2008 | FF Notes: While this is q/q data, it's reported in an annualized format (quarterly change x4). The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected; | Also Called: GDP Deflator; | Acro Expand: Gross Domestic Product (GDP);
|
2008-06-26T00:00:00+04:30
|
USD
|
Medium Impact Expected
|
Unemployment Claims
|
384K
|
375K
|
384K
|
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: Jul 3, 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;
|
2008-06-26T00:00:00+04:30
|
EUR
|
Low Impact Expected
|
Private Loans y/y
|
10.4%
|
10.3%
|
10.6%
|
Source: European Central Bank (latest release) | Measures: Change in the total value of new loans issued to consumers and businesses in the private sector; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 28 days after the month ends; | Next Release: Jul 25, 2008 | 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;
|
2008-06-26T03:15:00+04:30
|
NZD
|
High Impact Expected
|
Current Account
|
-2.16B
|
-1.72B
|
-3.41B
|
Source: Statistics New Zealand (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 80 days after the quarter ends; | Next Release: Sep 19, 2008 | FF Notes: This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the data most commonly reported. The goods 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;
|
2008-06-26T04:30:00+04:30
|
AUD
|
Low Impact Expected
|
CB Leading Index m/m
|
0.3%
| null |
-0.4%
|
Source: The Conference Board Inc. (latest release) | Measures: Change in the level of a composite index based on 7 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Jul 29, 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; | Derived Via: Combined reading of 7 economic indicators related to money supply, building approvals, profits, exports, inventories, and interest rate spreads; | Also Called: Leading Indicators; | Acro Expand: The Conference Board (CB);
|
2008-06-26T10:30:00+04:30
|
EUR
|
Low Impact Expected
|
German Import Prices m/m
|
2.4%
|
1.5%
|
0.9%
|
Source: Destatis (latest release) | Measures: Change in the price of imported goods purchased domestically; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 26 days after the month ends; | Next Release: Jul 25, 2008 | Why Traders Care: It contributes to inflation for businesses and consumers, especially those who rely heavily on imported goods; | Also Called: Import Price Index;
|
2008-06-26T12:30:00+04:30
|
EUR
|
Low Impact Expected
|
M3 Money Supply y/y
|
10.5%
|
10.4%
|
10.5%
|
Source: European Central Bank (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 28 days after the month ends; | Next Release: Jul 25, 2008 | FF Notes: Source changed series calculation formula as of May 2001; | 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;
|
2008-06-26T13:04:00+04:30
|
GBP
|
Low Impact Expected
|
Revised Business Investment q/q
|
-1.8%
|
-1.4%
|
-1.4%
|
FF Notice: Source released data 4 minutes later than scheduled; | Source: Office for National Statistics (latest release) | Measures: Change in the total inflation-adjusted value of capital investments made by businesses and the government; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 90 days after the quarter ends; | Next Release: Sep 30, 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 report released about a month 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 - businesses are quickly affected by market conditions, and changes in their investment levels can be an early signal of future economic activity such as hiring, spending, and earnings; | Also Called: Total Business Investment;
|
2008-06-26T13:15:00+04:30
|
GBP
|
High Impact Expected
|
Monetary Policy Report Hearings
| null | null | null |
Source: UK Parliament (latest release) | Speaker: BOE Governor and MPC members; | Usual Effect: More hawkish than expected is good for currency; | Frequency: Quarterly; | Next Release: Sep 11, 2008 | FF Notes: During these hearings the BOE Governor and several MPC members testify on inflation and the economic outlook before Parliament's Treasury Committee. The hearings are a few hours in length and can create market volatility for the duration. Especially noted are the direct comments made about the currency markets; | 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; | Also Called: Treasury Committee Hearings, Select Committee Hearings; | Acro Expand: Bank of England (BOE), Monetary Policy Committee (MPC);
|
2008-06-26T17:00:00+04:30
|
USD
|
Medium Impact Expected
|
Final GDP q/q
|
1.0%
|
1.0%
|
0.9%
|
Source: Bureau of Economic Analysis (latest release) | Measures: Annualized 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 85 days after the quarter ends; | Next Release: Sep 26, 2008 | FF Notes: While this is q/q data, it's reported in an annualized format (quarterly change x4). The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 3 versions of GDP released a month apart - Advance, Preliminary, and Final. The Advance 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; | Acro Expand: Gross Domestic Product (GDP);
|
2008-06-26T18:30:00+04:30
|
USD
|
High Impact Expected
|
Existing Home Sales
|
4.99M
|
4.96M
|
4.89M
|
Source: National Association of Realtors (latest release) | Measures: Annualized number of residential buildings that were sold during the previous month, excluding new construction; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Jul 24, 2008 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12); | Why Traders Care: It's a leading indicator of economic health because 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: Home Resales;
|
2008-06-26T19:05:00+04:30
|
USD
|
Low Impact Expected
|
Natural Gas Storage
|
90B
|
90B
|
57B
|
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: Jul 3, 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);
|
2008-06-27T00:00:00+04:30
|
USD
|
Low Impact Expected
|
Revised UoM Inflation Expectations
|
5.1%
| null |
5.1%
|
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: Jul 25, 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 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);
|
2008-06-27T00:00:00+04:30
|
JPY
|
Low Impact Expected
|
Household Spending y/y
|
-3.2%
|
-2.0%
|
-2.7%
|
Source: Statistics Bureau (latest release) | Measures: Change in the inflation-adjusted value of all expenditures by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Jul 29, 2008 | Why Traders Care: Consumer spending accounts for a majority of overall economic activity. It's one of the most important gauges of economic health due to the vast ripple effect consumer buying creates in the economy;
|
2008-06-27T00:00:00+04:30
|
JPY
|
Low Impact Expected
|
Unemployment Rate
|
4.0%
|
4.0%
|
4.0%
|
Source: Statistics Bureau (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 30 days after the month ends; | Next Release: Jul 29, 2008 | FF Notes: Tends to have a muted impact relative to employment data from other countries because the Japanese economy is more reliant on the industrial sector than personal spending; | Also Called: Jobless Rate;
|
2008-06-27T00:00:00+04:30
|
EUR
|
Low Impact Expected
|
Retail PMI
|
44.0
| null |
53.1
|
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the retail industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 5 days after the month ends; | Next Release: Jul 30, 2008 | FF Notes: Source discontinued this data in Jul 2018; | 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 around 1,000 purchasing managers in Germany, France, and Italy, which asks respondents to rate the relative level of business conditions including sales, revenue, employment, prices, and inventories; | Acro Expand: Raw Materials Price Index (RMPI);
|
2008-06-27T00:00:00+04:30
|
USD
|
Low Impact Expected
|
Personal Income m/m
|
1.9%
|
0.3%
|
0.3%
|
Source: Bureau of Economic Analysis (latest release) | Measures: Change in the total value of income received from all sources by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Aug 4, 2008 | Why Traders Care: Income is correlated with spending - the more disposable income consumers have, the more likely they are to increase spending; | Also Called: Disposable Personal Income;
|
2008-06-27T00:00:00+04:30
|
JPY
|
Low Impact Expected
|
National Core CPI y/y
|
1.5%
|
1.3%
|
0.9%
|
Source: Statistics Bureau (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding fresh food; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the third Friday of the following month; | Next Release: Jul 25, 2008 | Also Called: Core CPI, National CPI Ex Fresh Food; | Acro Expand: Consumer Price Index (CPI);
|
2008-06-27T00:00:00+04:30
|
USD
|
Medium Impact Expected
|
Core PCE Price Index m/m
|
0.1%
|
0.2%
|
0.1%
|
Source: Bureau of Economic Analysis (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 30 days after the month ends; | Next Release: Aug 4, 2008 | FF Notes: Differs from Core CPI in that it only measures goods and services targeted towards and consumed by individuals. Prices are weighted according to total expenditure per item which gives important insights into consumer spending behavior. CPI is released about 10 days earlier and tends to garner most of the attention; | Why Traders Care: It's the Federal Reserve's primary inflation measure. 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: Personal Consumption Expenditures (PCE), Consumer Price Index (CPI);
|
2008-06-27T00:00:00+04:30
|
CAD
|
Low Impact Expected
|
IPPI m/m
|
0.6%
|
1.2%
|
1.6%
|
Source: Statistics Canada (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 19 days after the month ends; | Next Release: Jul 30, 2008 | FF Notes: Only includes goods produced domestically; | Also Called: Factory Gate Prices, Producer Prices; | Acro Expand: Industrial Product Price Index (IPPI);
|
2008-06-27T00:00:00+04:30
|
JPY
|
Medium Impact Expected
|
Retail Sales y/y
|
0.2%
|
-0.1%
|
0.1%
|
Source: METI (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 27 days after the month ends; | Next Release: Jul 29, 2008 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Retail Trade;
|
2008-06-27T00:00:00+04:30
|
USD
|
Medium Impact Expected
|
Personal Spending m/m
|
0.8%
|
0.7%
|
0.4%
|
Source: Bureau of Economic Analysis (latest release) | Measures: Change in the inflation-adjusted value of all expenditures by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Aug 4, 2008 | FF Notes: This is significant data, though it tends to have a relatively mild impact because Retail Sales, which also covers consumer spending, is released about 2 weeks earlier; | Why Traders Care: Consumer spending accounts for a majority of overall economic activity. It's one of the most important gauges of economic health due to the vast ripple effect consumer buying creates in the economy; | Also Called: Consumer Spending, Personal Consumption Expenditures;
|
2008-06-27T00:00:00+04:30
|
NZD
|
High Impact Expected
|
Trade Balance
|
-196M
|
153M
|
-296M
|
Source: Statistics New Zealand (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: Jul 28, 2008 | FF Notes: A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: Overseas Merchandise Trade;
|
2008-06-27T00:00:00+04:30
|
GBP
|
Low Impact Expected
|
Final GDP q/q
|
0.3%
|
0.4%
|
0.4%
|
Source: Office for National Statistics (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 85 days after the quarter ends; | Next Release: Sep 30, 2008 | FF Notes: The 'Previous' listed is the 'Actual' from the Prelim release and therefore the 'History' data will appear unconnected. There are 2 versions of quarterly GDP released about 45 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: GDP Second Estimate, National Accounts; | Acro Expand: Gross Domestic Product (GDP);
|
2008-06-27T03:15:00+04:30
|
NZD
|
High Impact Expected
|
GDP q/q
|
-0.3%
|
-0.3%
|
0.8%
|
Source: Statistics New Zealand (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 75 days after the quarter ends; | Next Release: Sep 26, 2008 | 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);
|
2008-06-27T04:00:00+04:30
|
JPY
|
Medium Impact Expected
|
Tokyo Core CPI y/y
|
1.3%
|
1.1%
|
0.9%
|
Source: Statistics Bureau (latest release) | Measures: Change in the price of goods and services purchased by consumers in Tokyo, excluding fresh food; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the last Friday of the current month; | Next Release: Jul 25, 2008 | FF Notes: Tokyo is Japan's most populated city and releases CPI data a month ahead of National CPI. This early data is thought to be the most important consumer inflation release. The impact tends to be mild but varies from month to month; | 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 tighten monetary policy out of respect for their inflation containment mandate; | Also Called: Tokyo CPI Ex Fresh Food; | Acro Expand: Consumer Price Index (CPI);
|
2008-06-27T04:20:00+04:30
|
JPY
|
Medium Impact Expected
|
Prelim Industrial Production m/m
|
2.9%
|
2.5%
|
-0.2%
|
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 30 days after the month ends; | Next Release: Jul 30, 2008 | FF Notes: 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;
|
2008-06-27T09:00:00+04:30
|
AUD
|
Medium Impact Expected
|
RBA Deputy Gov Debelle Speaks
| null | null | null |
Description: Due to speak about open market operations at the Australian Debt Markets Conference 2008, in Sydney; | Source: Reserve Bank of Australia (latest release) | Speaker: RBA Deputy Governor Guy Debelle; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jul 28, 2008 | FF Notes: In Sep 2016 his title changed from Assistant Governor to Deputy Governor; | Why Traders Care: He's responsible for advising Reserve Bank Board members - who decide where to set the nation's key interest rates - on matters relating to economics, and his public engagements are often used to drop subtle clues regarding future policy shifts; | Acro Expand: Reserve Bank of Australia (RBA);
|
2008-06-27T12:30:00+04:30
|
EUR
|
Low Impact Expected
|
Current Account
|
-0.3B
|
-5.0B
|
-13.2B
|
Source: European Central Bank (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Jul 24, 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. The goods portion has no impact because it's a duplicate of the Trade Balance data released about a week earlier; | Why Traders Care: It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the region;
|
2008-06-27T13:00:00+04:30
|
GBP
|
High Impact Expected
|
Current Account
|
-8.4B
|
-12.0B
|
-12.2B
|
Source: Office for National Statistics (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 85 days after the quarter ends; | Next Release: Sep 30, 2008 | FF Notes: The goods 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;
|
2008-06-27T13:30:00+04:30
|
EUR
|
Low Impact Expected
|
Consumer Confidence
|
-17
|
-16
|
-15
|
Source: Eurostat (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 22 days into the current month; | Next Release: Jul 30, 2008 | FF Notes: Above 0 indicates optimism, below indicates pessimism. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Jan 2010, is the earliest and thus tends to have the most impact. The Final is not reported for lack of significance; | 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 17,500 consumers in Eurozone countries which asks respondents to rate the relative level of past and future economic conditions, including personal financial situation, employment, inflation, and climate for major purchases;
|
2008-06-27T13:43:00+04:30
|
EUR
|
Low Impact Expected
|
Italian 10-y Bond Auction
|
5.08|1.5
| null |
4.86|1.4
|
Source: Department of 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 14 times per year; | Next Release: Jul 30, 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: BTP Auction; | Acro Expand: Buoni del Tesoro Poliennali (BTP);
|
2008-06-27T14:00:00+04:30
|
CHF
|
Medium Impact Expected
|
KOF Economic Barometer
|
1.01
|
1.00
|
1.08
|
Source: KOF Economic Research Agency (latest release) | Measures: Level of a composite index based on 219 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the end of the current month; | Next Release: Jul 30, 2008 | FF Notes: This index is designed to predict the direction of the economy over the next 6 months. Source changed series calculation formula as of April 2006 and April 2014; | Derived Via: Combined reading of 219 economic indicators related to banking confidence, production, new orders, consumer confidence, exchange rate, money supply, interest rate spreads, stock market prices, and housing; | Also Called: KOF Leading Indicators, Konjunkturbarometer;
|
2008-06-27T17:00:00+04:30
|
CAD
|
Medium Impact Expected
|
RMPI m/m
|
3.1%
|
5.1%
|
5.0%
|
Source: Statistics Canada (latest release) | Measures: Change in the price of raw materials purchased by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 19 days after the month ends; | Next Release: Jul 30, 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: Raw Materials Price Index (RMPI);
|
2008-06-27T18:25:00+04:30
|
USD
|
Medium Impact Expected
|
Revised UoM Consumer Sentiment
|
56.4
|
56.8
|
56.7
|
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, usually on the last Friday of the current month; | Next Release: Jul 25, 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 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: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 800 consumers which asks respondents to rate the relative level of current and future economic conditions; | Acro Expand: University of Michigan (UoM);
|
2008-06-27T21:00:00+04:30
|
EUR
|
Medium Impact Expected
|
ECB President Trichet Speaks
| null | null | null |
Description: Due to speak at the High-Level Seminar of Central Banks in the East Asia-Pacific Region and the Euro Area press conference, in Rome; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Jul 2, 2008 | 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);
|
2008-06-27T23:59:59+04:30
|
EUR
|
Medium Impact Expected
|
German Prelim CPI m/m
|
0.3%
|
0.3%
|
0.6%
|
FF Notice: Most states will be reporting CPI the day before this release which should spread the impact over two days; | 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, around the end of the current month; | Next Release: Jul 29, 2008 | FF Notes: Listed as an 'All Day' event because the 'Actual' is comprised of data from 6 German states which report their CPI throughout the day. There are 2 versions of CPI released about 15 days apart - Preliminary and Final. The Preliminary release is the Eurozone's earliest major consumer inflation; | 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);
|
2008-06-30T00:00:00+04:30
|
EUR
|
Low Impact Expected
|
Italian Prelim CPI m/m
|
0.4%
|
0.3%
|
0.5%
|
Source: Istat (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, around the end of the current month; | Next Release: Jul 31, 2008 | FF Notes: There are 2 versions of CPI released about 25 days apart - Preliminary and Final. The Preliminary release is extremely early but has a muted impact due to Italy's relatively small impact on the Eurozone. The Final is not included for lack of significance; | Acro Expand: Consumer Price Index (CPI);
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.