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
2008-07-07T23:59:59+04:30
EUR
Low Impact Expected
Eurogroup Meetings
null
null
null
Source: Eurogroup (latest release) | Next Release: Jul 16, 2008 | FF Notes: Eurogroup meetings are usually held in Brussels and attended by the Eurogroup President, Finance Ministers from euro area member states, the Commissioner for economic and monetary affairs, and the President of the European Central Bank. They discuss a range of financial issues, such as euro support mechanisms and government finances. The meetings are closed to the press but officials usually talk with reporters throughout the day, and a formal statement covering meeting objectives may be released after the meetings have concluded; | Why Traders Care: The Eurogroup coordinates economic policies of the 19 euro area member states, and their initiatives and decisions can have a widespread effect on the Eurozone's economic health;
2008-07-08T00:00:00+04:30
JPY
Low Impact Expected
M2 Money Stock y/y
2.3%
2.0%
2.1%
Source: Bank of Japan (latest release) | Measures: Change in the total quantity of domestic currency in circulation and deposited in banks; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Aug 8, 2008 | FF Notes: Much of this data is released in the Monetary Base report about a week earlier; | Why Traders Care: It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation;
2008-07-08T00:00:00+04:30
USD
Low Impact Expected
Final Wholesale Inventories m/m
0.8%
0.7%
1.4%
Source: Census Bureau (latest release) | Measures: Change in the total value of goods held in inventory by wholesalers; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Aug 8, 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 week apart - Preliminary and Final. The Preliminary release, which the source first reported in Aug 2016, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a signal of future business spending because companies are more likely to purchase goods once they have depleted inventories;
2008-07-08T02:30:00+04:30
NZD
High Impact Expected
NZIER Business Confidence
-64
null
-64
Source: NZIER (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers, builders, wholesalers, retailers, and service providers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, on the first or second Tuesday after the quarter ends; | Next Release: Oct 7, 2008 | FF Notes: Above 0 indicates optimism, below indicates pessimism. Source changed series from seasonally adjusted to non-seasonally adjusted as of Jul 2003. Report is only available to NZIER members; | 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 4,300 businesses which asks respondents to rate the relative 6-month economic outlook; | Also Called: Survey of Business Opinion; | Acro Expand: New Zealand Institute of Economic Research (NZIER);
2008-07-08T03:30:00+04:30
GBP
Low Impact Expected
NIESR GDP Estimate
0.2%
null
0.1%
FF Notice: Data leaked 10 hours earlier than the scheduled release; | Source: NIESR (latest release) | Measures: Change in the estimated value of all goods and services produced by the economy during the previous 3 months; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 10 days after the month ends; | Next Release: Aug 6, 2008 | FF Notes: NIESR estimates GDP data on a monthly basis in an effort to predict the quarterly government-released data. Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Acro Expand: National Institute of Economic and Social Research (NIESR), Gross Domestic Product (GDP);
2008-07-08T04:20:00+04:30
JPY
Low Impact Expected
Bank Lending y/y
1.8%
null
1.5%
Source: Bank of Japan (latest release) | Measures: Change in the total value of outstanding bank loans issued to consumers and businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 9 days after the month ends; | Next Release: Aug 8, 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;
2008-07-08T06:00:00+04:30
AUD
Low Impact Expected
NAB Business Confidence
-9
null
-4
Source: National Australia Bank Limited (latest release) | Measures: Level of a diffusion index based on surveyed businesses, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Aug 12, 2008 | FF Notes: Above 0 indicates improving conditions, below indicates worsening conditions. There's a quarterly and monthly version of this survey - although the monthly survey is more timely and tends to have greater impact, the quarterly version has a larger sample size and additional questions regarding expectations; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 350 businesses which asks respondents to rate the relative level of current business conditions; | Acro Expand: National Australia Bank (NAB);
2008-07-08T09:30:00+04:30
JPY
Low Impact Expected
Economy Watchers Sentiment
29.5
31.0
32.1
Source: Cabinet Office (latest release) | Measures: Level of a diffusion index based on surveyed workers who directly observe consumer spending by virtue of their job; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 9 days after the month ends; | Next Release: Aug 8, 2008 | FF Notes: Above 50.0 indicates optimism, below indicates pessimism; | Derived Via: Survey of about 2,050 workers which asks respondents to rate the relative level of current economic conditions; | Also Called: Eco Watchers Current Index;
2008-07-08T13:03:00+04:30
GBP
Medium Impact Expected
ONS HPI y/y
3.7%
3.2%
4.9%
FF Notice: Source released data 3 minutes later than scheduled; | Source: Office for National Statistics (latest release) | Measures: Change in the selling price of homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Aug 12, 2008 | FF Notes: Source discontinued this data in May 2016; | Acro Expand: House Price Index (HPI), Office for National Statistics (ONS);
2008-07-08T16:30:00+04:30
USD
High Impact Expected
Fed Chairman Bernanke Speaks
null
null
null
Description: Due to speak about financial regulation and stability at the Federal Deposit Insurance Corporation’s Forum on Mortgage Lending, in Arlington; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Chairman Ben Bernanke; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Aug 22, 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);
2008-07-08T18:30:00+04:30
USD
High Impact Expected
Pending Home Sales m/m
-4.7%
-2.4%
7.1%
Source: National Association of Realtors (latest release) | Measures: Change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 28 days after the month ends; | Next Release: Aug 7, 2008 | FF Notes: This data is released about a week later than Existing Home Sales, but it's more forward-looking as a contract is signed several weeks before the home is counted as sold; | Why Traders Care: It's a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction; | Also Called: Pending Resales;
2008-07-08T23:30:00+04:30
USD
Low Impact Expected
Consumer Credit m/m
7.8B
7.5B
7.8B
Source: Federal Reserve (latest release) | Measures: Change in the total value of outstanding consumer credit that requires installment payments; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Aug 7, 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;
2008-07-08T23:59:59+04:30
EUR
Low Impact Expected
ECOFIN Meetings
null
null
null
Source: European Council (latest release) | Next Release: Jul 17, 2008 | FF Notes: ECOFIN meetings are usually held in Brussels and attended by Finance Ministers from EU member states. They discuss a range of financial issues, such as euro support mechanisms and government finances. The meetings are closed to the press but officials usually talk with reporters throughout the day, and a formal statement covering meeting objectives may be released after the meetings have concluded; | Why Traders Care: ECOFIN is the Eurozone's broadest financial decision making body. The council coordinates economic policies of the 28 member states, and their initiatives and decisions can have a widespread effect on the Eurozone's economic health; | Acro Expand: The Economic and Financial Affairs Council (ECOFIN);
2008-07-08T23:59:59+04:30
All
Low Impact Expected
G8 Meetings
null
null
null
Description: Due to meet about a range of global economic issues, in Tokyo; | Next Release: Jul 9, 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);
2008-07-09T00:00:00+04:30
JPY
Low Impact Expected
Prelim Machine Tool Orders y/y
-2.7%
null
1.4%
Source: JMTBA (latest release) | Measures: Change in the total value of new orders placed with machine tool manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 10 days after the month ends; | Next Release: Aug 11, 2008 | FF Notes: There are 2 versions of this report released about a week apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact. The Final is not reported for lack of significance; | Acro Expand: Japan Machine Tool Builders Association (JMTBA);
2008-07-09T03:31:00+04:30
GBP
Medium Impact Expected
Nationwide Consumer Confidence
61
65
65
FF Notice: Source changed series from non-seasonally adjusted to seasonally adjusted as of this release; | Source: Nationwide Building Society (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, about 13 days after the month ends; | Next Release: Aug 6, 2008 | FF Notes: Source changed series from non-seasonally adjusted to seasonally adjusted as of Jul 2008. Source discontinued this data in Jun 2012; | 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 1,000 consumers which asks respondents to rate the relative level of current and future economic conditions;
2008-07-09T04:20:00+04:30
JPY
Medium Impact Expected
Core Machinery Orders m/m
10.4%
1.1%
5.5%
Source: Cabinet Office (latest release) | Measures: Change in the total value of new private-sector purchase orders placed with manufacturers for machines, excluding ships and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Aug 7, 2008 | Why Traders Care: It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders; | Also Called: Machine Orders;
2008-07-09T05:00:00+04:30
AUD
Medium Impact Expected
Westpac Consumer Sentiment
-6.7%
null
-5.6%
Source: Westpac Banking Corporation (latest release) | Measures: Change in the level of a diffusion index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the second Tuesday of the current month; | Next Release: Aug 13, 2008 | FF Notes: The impact tends to be mild but varies from month to month due to volatility in the data set; | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 1,200 consumers which asks respondents to rate the relative level of past and future economic conditions, employment, and climate for major purchases; | Also Called: Westpac-Melbourne Institute Consumer Sentiment;
2008-07-09T06:00:00+04:30
AUD
High Impact Expected
Home Loans m/m
-7.9%
-2.0%
-4.2%
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the number of new loans granted for owner-occupied homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Aug 6, 2008 | FF Notes: Source discontinued this data in Nov 2019; | Why Traders Care: It's a leading indicator of demand in the housing market - most homes are financed, so it provides an excellent gauge of how many qualified buyers are entering the market; | Also Called: Dwelling Finance Commitments;
2008-07-09T10:30:00+04:30
EUR
Low Impact Expected
German Trade Balance
14.6B
16.5B
17.8B
Source: Destatis (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Aug 7, 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: Foreign Trade;
2008-07-09T11:15:00+04:30
EUR
Low Impact Expected
French Trade Balance
-4.7B
-3.9B
-3.7B
Source: Ministry for the Economy and Finance (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Aug 7, 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: Foreign Trade;
2008-07-09T11:30:00+04:30
EUR
Medium Impact Expected
ECB President Trichet Speaks
null
null
null
Description: Due to present the ECB's 2007 Annual Report at the plenary session of the European Parliament, in Strasbourg; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Jul 10, 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);
2008-07-09T13:00:00+04:30
GBP
Medium Impact Expected
Goods Trade Balance
-7.5B
-7.4B
-7.5B
Source: Office for National Statistics (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Aug 11, 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: Visible Trade Balance;
2008-07-09T13:30:00+04:30
EUR
Low Impact Expected
Final GDP q/q
0.7%
0.8%
0.8%
Source: Eurostat (latest release) | Measures: Change in the inflation-adjusted value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 105 days after the quarter ends; | Next Release: Oct 8, 2008 | FF Notes: Source discontinued this data in Jul 2014. The 'Previous' listed is the 'Actual' from the Revised release and therefore the 'History' data will appear unconnected. There are 3 versions of GDP released about a month apart - Flash, Revised, and Final. The Flash release is the earliest and thus tends to have the most impact; | Acro Expand: Gross Domestic Product (GDP);
2008-07-09T14:03:00+04:30
GBP
Low Impact Expected
BRC Shop Price Index y/y
2.5%
null
1.8%
FF Notice: Source released data 3 minutes later than scheduled; | Source: British Retail Consortium (latest release) | Measures: Change in the price of goods purchased at BRC-member retail stores; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the last Wednesday of the current month; | Next Release: Aug 6, 2008 | FF Notes: Leads the government-released consumer inflation data by about 10 days, but has a narrower scope as it only includes goods purchased from retailers who belong to the BRC. This data is usually released 1 day before the Bank of England interest rate decision. Full reports are only available to BRC subscribers; | Acro Expand: British Retail Consortium (BRC);
2008-07-09T16:45:00+04:30
CAD
High Impact Expected
Housing Starts
218K
218K
228K
Source: CMHC (latest release) | Measures: Annualized number of new residential buildings that began construction during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Aug 11, 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 building construction produces a wide-reaching ripple effect. For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder; | Acro Expand: Canada Mortgage and Housing Corporation (CMHC);
2008-07-09T18:30:00+04:30
USD
Low Impact Expected
JOLTS Job Openings
3.63M
null
3.61M
Source: Bureau of Labor Statistics (latest release) | Measures: Number of job openings during the reported month, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Aug 12, 2008 | FF Notes: It's released late, but can impact the market because job openings are a leading indicator of overall employment; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Acro Expand: Job Openings and Labor Turnover Survey (JOLTS);
2008-07-09T19:00:00+04:30
GBP
Low Impact Expected
CB Leading Index m/m
-0.6%
null
-0.6%
Source: The Conference Board Inc. (latest release) | Measures: Change in the level of a composite index based on 7 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Aug 7, 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 production, new orders, consumer confidence, stock prices, and interest rate spreads; | Also Called: Leading Indicators; | Acro Expand: The Conference Board (CB);
2008-07-09T19:05:00+04:30
USD
Medium Impact Expected
Crude Oil Inventories
-5.9M
-1.5M
-2.0M
Source: Energy Information Administration (latest release) | Measures: Change in the number of barrels of crude oil held in inventory by commercial firms during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, 4 days after the week ends; | Next Release: Jul 16, 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);
2008-07-09T23:59:59+04:30
All
Medium Impact Expected
G8 Meetings
null
null
null
Description: Due to meet about a range of global economic issues, in Tokyo; | Next Release: Jun 13, 2009 | 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);
2008-07-10T00:00:00+04:30
AUD
High Impact Expected
Unemployment Rate
4.2%
4.3%
4.3%
Source: Australian Bureau of Statistics (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Aug 7, 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;
2008-07-10T00:00:00+04:30
GBP
High Impact Expected
Halifax HPI m/m
-2.0%
-1.0%
-2.5%
Source: Halifax Bank of Scotland (latest release) | Measures: Change in the price of homes financed by HBOS; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 5 days after the month ends; | Next Release: Aug 7, 2008 | FF Notes: The exact release date is usually not announced by HBOS until shortly before it's released. There are 2 earlier reports on housing inflation, but this data is broad and based on HBOS's internal mortgage approval figures, which can lead sale-completion indicators by more than a month; | 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: HBOS HPI; | Acro Expand: House Price Index (HPI), Halifax Bank of Scotland (HBOS);
2008-07-10T00:00:00+04:30
EUR
Low Impact Expected
Italian Industrial Production m/m
-1.4%
-0.5%
0.4%
Source: Istat (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Aug 7, 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: Industrial Output;
2008-07-10T00:00:00+04:30
JPY
Low Impact Expected
PPI y/y
5.6%
5.2%
4.8%
Source: Bank of Japan (latest release) | Measures: Change in the price of goods sold by corporations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 12 days after the month ends; | Next Release: Aug 12, 2008 | Why Traders Care: It's a leading indicator of consumer inflation - when corporations raise the price of their goods the higher costs are usually passed on to the consumer; | Also Called: CGPI; | Acro Expand: Producer Price Index (PPI), Corporate Goods Price Index (CGPI);
2008-07-10T02:56:00+04:30
NZD
Low Impact Expected
BusinessNZ Manufacturing Index
45.7
null
47.9
FF Notice: Source released data 94 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: Aug 14, 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;
2008-07-10T04:20:00+04:30
JPY
Low Impact Expected
Current Account
2.03T
1.90T
1.51T
Source: Ministry of Finance (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Aug 13, 2008 | FF Notes: The goods portion has no impact because it's a duplicate of the Trade Balance data released about 20 days earlier; | Why Traders Care: It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the country; | Also Called: Adjusted Current Account;
2008-07-10T05:30:00+04:30
AUD
Low Impact Expected
MI Inflation Expectations
5.9%
null
5.9%
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: Aug 14, 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);
2008-07-10T06:00:00+04:30
AUD
High Impact Expected
Employment Change
29.8K
10.2K
-25.6K
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: Aug 7, 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;
2008-07-10T07:00:00+04:30
CNY
High Impact Expected
USD-Denominated Trade Balance
21.4B
22.7B
20.2B
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: Aug 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. 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);
2008-07-10T11:15:00+04:30
EUR
Medium Impact Expected
French Industrial Production m/m
-2.6%
-0.5%
1.5%
Source: INSEE (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Aug 11, 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: Industrial Output;
2008-07-10T12:30:00+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: Aug 14, 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);
2008-07-10T15:30:00+04:30
GBP
High Impact Expected
Official Bank Rate
5.00%
5.00%
5.00%
Source: Bank of England (latest release) | Measures: Interest rate at which the BOE lends to financial institutions overnight; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled monthly; | Next Release: Aug 7, 2008 | FF Notes: The rate decision is usually priced in the market, so it tends to be overshadowed by the Monetary Policy Summary, which is focused on the future; | Why Traders Care: Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future; | Derived Via: MPC members vote on where to set the rate. The individual votes are published 2 weeks later in the MPC Meeting Minutes; | Also Called: Interest Rates; | Acro Expand: Bank of England (BOE), Monetary Policy Committee (MPC);
2008-07-10T17:00:00+04:30
USD
High Impact Expected
Unemployment Claims
346K
397K
404K
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 17, 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;
2008-07-10T18:30:00+04:30
USD
High Impact Expected
Fed Chairman Bernanke Testifies
null
null
null
Description: Due to testify, along with Treasury Secretary Henry Paulson, on financial market regulation before the House of Representatives Committee on Financial Services, in Washington DC; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Chairman Ben Bernanke; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jul 15, 2008 | FF Notes: The testimony usually comes in 2 parts: first he reads a prepared statement (a text version is made available on the Fed's website at the start), then the committee will hold a question and answer session. Since the questions are not known beforehand they can make for some unscripted moments that lead to heavy market volatility; | 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);
2008-07-10T19:05:00+04:30
USD
Low Impact Expected
Natural Gas Storage
90B
95B
85B
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 17, 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);
2008-07-10T22:15:00+04:30
EUR
Medium Impact Expected
ECB President Trichet Speaks
null
null
null
Description: Due to speak at the euro’s 10th anniversary conference, in Munich; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Sep 5, 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);
2008-07-11T00:00:00+04:30
CAD
Low Impact Expected
NHPI m/m
0.0%
0.1%
0.0%
Source: Statistics Canada (latest release) | Measures: Change in the selling price of new homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Aug 11, 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: New Housing Price Index (NHPI);
2008-07-11T00:00:00+04:30
USD
Medium Impact Expected
Import Prices m/m
2.6%
2.0%
2.6%
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: Aug 13, 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;
2008-07-11T00:00:00+04:30
USD
High Impact Expected
Trade Balance
-59.8B
-62.5B
-60.5B
Source: Bureau of Economic Analysis (latest release) | Measures: Difference in value between imported and exported goods and services during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Aug 12, 2008 | FF Notes: The goods portion has a muted impact because it's a duplicate of the Goods Trade Balance data released about 5 days earlier. A positive number indicates that more goods and services were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: International Trade in Goods and Services;
2008-07-11T00:00:00+04:30
USD
Low Impact Expected
Prelim UoM Inflation Expectations
5.3%
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, around the middle of the current month; | Next Release: Aug 15, 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);
2008-07-11T00:00:00+04:30
CAD
High Impact Expected
Unemployment Rate
6.2%
6.1%
6.1%
Source: Statistics Canada (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 8 days after the month ends; | Next Release: Aug 8, 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;
2008-07-11T07:35:00+04:30
CNY
Low Impact Expected
Foreign Direct Investment ytd/y
45.6%
null
55.0%
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: Aug 12, 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);
2008-07-11T09:00:00+04:30
JPY
Low Impact Expected
Revised Industrial Production m/m
2.8%
2.9%
2.9%
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: Aug 12, 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;
2008-07-11T09:30:00+04:30
JPY
Low Impact Expected
Consumer Confidence
32.6
31.5
33.9
FF Notice: The 'Previous' data misstated as 34.1 and rectified 8 minutes after release. We regret the error; | 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: Aug 12, 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;
2008-07-11T10:30:00+04:30
EUR
Low Impact Expected
German WPI m/m
0.9%
1.0%
1.4%
Source: Destatis (latest release) | Measures: Change in the price of goods sold by wholesalers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 12 days after the month ends; | Next Release: Aug 11, 2008 | Why Traders Care: It's a leading indicator of consumer inflation - when wholesalers charge more for goods and services the higher costs are usually passed on to the consumer; | Acro Expand: Wholesale Price Index (WPI);
2008-07-11T15:30:00+04:30
CAD
High Impact Expected
Employment Change
-5.0K
10.0K
8.4K
Source: Statistics Canada (latest release) | Measures: Change in the number of employed people during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 8 days after the month ends; | Next Release: Aug 8, 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;
2008-07-11T17:00:00+04:30
CAD
High Impact Expected
Trade Balance
5.5B
5.2B
4.8B
Source: Statistics Canada (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Aug 12, 2008 | FF Notes: A positive number indicates that more goods were exported than imported. About 75% of Canadian exports are purchased by the US; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: International Merchandise Trade;
2008-07-11T18:25:00+04:30
USD
High Impact Expected
Prelim UoM Consumer Sentiment
56.6
55.5
56.4
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: Aug 15, 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);
2008-07-11T22:30:00+04:30
USD
Medium Impact Expected
Federal Budget Balance
50.7B
27.5B
-165.9B
Source: US Department of the Treasury (latest release) | Measures: Difference in value between the federal government's income and spending during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the eighth business day after the month ends; | Next Release: Aug 12, 2008 | FF Notes: A positive number indicates a budget surplus, a negative number indicates a deficit; | Also Called: Monthly Treasury Statement, Treasury Budget;
2008-07-14T00:00:00+04:30
GBP
Low Impact Expected
PPI Output m/m
0.9%
1.2%
1.9%
Source: Office for National Statistics (latest release) | Measures: Change in the price of goods sold by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Aug 11, 2008 | FF Notes: Only includes goods produced domestically; | Also Called: Factory Gate Prices; | Acro Expand: Producer Price Index (PPI);
2008-07-14T00:00:00+04:30
NZD
High Impact Expected
Retail Sales m/m
-1.2%
0.0%
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: Aug 15, 2008 | FF Notes: Source discontinued this data in Feb 2011;
2008-07-14T00:00:00+04:30
CNY
Low Impact Expected
M2 Money Supply y/y
17.4%
17.5%
18.1%
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: Aug 13, 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;
2008-07-14T03:15:00+04:30
NZD
High Impact Expected
Core Retail Sales m/m
0.7%
0.5%
-0.3%
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: Aug 15, 2008 | FF Notes: Source discontinued this data in Feb 2011; | Also Called: Retail Sales Ex Autos;
2008-07-14T06:30:00+04:30
CNY
Medium Impact Expected
New Loans
332B
null
319B
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: Aug 13, 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;
2008-07-14T13:00:00+04:30
GBP
High Impact Expected
PPI Input m/m
2.1%
2.5%
3.9%
Source: Office for National Statistics (latest release) | Measures: Change in the price of goods and raw materials purchased by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Aug 11, 2008 | Why Traders Care: It's a leading indicator of consumer inflation - when manufacturers pay more for goods the higher costs are usually passed on to the consumer; | Acro Expand: Producer Price Index (PPI), Consumer Price Index (CPI);
2008-07-14T13:30:00+04:30
EUR
Medium Impact Expected
Industrial Production m/m
-1.9%
-2.3%
1.0%
Source: Eurostat (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Aug 13, 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;
2008-07-14T23:59:59+04:30
EUR
Non-Economic
French Bank Holiday
null
null
null
Description: French banks will be closed in observance of National Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Aug 15, 2008 | FF Notes: Most Forex brokers remain open for every holiday except Christmas and New Year's Day. Stock markets and banks have slightly different holiday schedules; | Why Traders Care: Banks facilitate the majority of foreign exchange volume. When they are closed the market is less liquid and speculators become a more dominant market influence. This can lead to both abnormally low and abnormally high volatility;
2008-07-15T00:00:00+04:30
USD
Medium Impact Expected
Empire State Manufacturing Index
-4.9
-7.7
-8.7
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: Aug 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;
2008-07-15T00:00:00+04:30
CAD
High Impact Expected
Overnight Rate
3.00%
3.00%
3.00%
Source: Bank of Canada (latest release) | Measures: Interest rate at which major financial institutions borrow and lend overnight funds between themselves; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: Sep 3, 2008 | FF Notes: The rate decision is usually priced into the market, so it tends to be overshadowed by the BOC Rate 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: BOC Governing Council members come to a consensus on where to set the rate; | Also Called: Interest Rates, Key Interest Rate; | Acro Expand: Bank of Canada (BOC);
2008-07-15T00:00:00+04:30
USD
High Impact Expected
Core Retail Sales m/m
0.8%
0.9%
1.2%
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: Aug 13, 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;
2008-07-15T00:00:00+04:30
GBP
Medium Impact Expected
Core CPI y/y
1.6%
1.5%
1.5%
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: Aug 12, 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);
2008-07-15T00:00:00+04:30
USD
High Impact Expected
PPI m/m
1.8%
1.3%
1.4%
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: Aug 19, 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);
2008-07-15T00:00:00+04:30
USD
Low Impact Expected
RCM/TIPP Economic Optimism
37.4
36.8
37.4
Source: RealClearMarkets (latest release) | Measures: Level of a diffusion index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the start of the current month; | Next Release: Aug 12, 2008 | FF Notes: Above 50.0 indicates optimism, below indicates pessimism. Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Derived Via: Survey of about 1,500 consumers which asks respondents to rate the relative level of economic conditions including six-month economic outlook, personal financial outlook, and confidence in federal economic policies; | Also Called: RCM/TIPP Consumer Confidence; | Acro Expand: RealClearMarkets (RCM), TechnoMetrica Institute of Policy and Politics (TIPP);
2008-07-15T00:00:00+04:30
USD
Medium Impact Expected
Core PPI m/m
0.2%
0.3%
0.2%
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: Aug 19, 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);
2008-07-15T00:00:00+04:30
GBP
Medium Impact Expected
RICS House Price Balance
-88%
-94%
-92%
Source: RICS (latest release) | Measures: Level of a diffusion index based on surveyed property surveyors; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Aug 12, 2008 | FF Notes: Data represents the percentage of surveyors reporting a price increase in their designated area. Above 0.0% indicates more surveyors reported a rise in prices, below indicates more reported a fall; | Why Traders Care: It's a leading indicator of housing inflation because surveyors have access to the most recent price data by virtue of their job; | Acro Expand: Royal Institution of Chartered Surveyors (RICS);
2008-07-15T00:00:00+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: Aug 19, 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);
2008-07-15T00:00:00+04:30
NZD
Low Impact Expected
FPI m/m
1.3%
null
1.0%
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: Aug 25, 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);
2008-07-15T00:00:00+04:30
USD
High Impact Expected
Retail Sales m/m
0.1%
0.4%
0.8%
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: Aug 13, 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;
2008-07-15T00:00:00+04:30
GBP
Low Impact Expected
RPI y/y
4.6%
4.3%
4.3%
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: Aug 12, 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);
2008-07-15T00:00:00+04:30
USD
Low Impact Expected
Fed Monetary Policy Report
null
null
null
Source: Federal Reserve (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Twice per year; | Next Release: Feb 24, 2009 | FF Notes: Report provides a summary of discussions of the conduct of monetary policy and economic developments and prospects for the future. It is submitted, along with testimony from the Federal Reserve Chair, to the Senate Committee on Banking, Housing, and Urban Affairs and to the House Committee on Financial Services; | Acro Expand: Federal Reserve (Fed);
2008-07-15T00:00:00+04:30
USD
Medium Impact Expected
Business Inventories m/m
0.3%
0.5%
0.5%
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: Aug 13, 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;
2008-07-15T00:00:00+04:30
GBP
Low Impact Expected
MPC Member Sentance Speaks
null
null
null
Description: Due to speak at the British Airways International Pensions Conference, in Windsor; | Source: Bank of England (latest release) | Speaker: External BOE MPC Member Andrew Sentance; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Sep 25, 2008 | FF Notes: MPC voting member Oct 2006 - May 2011; | 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;
2008-07-15T00:00:00+04:30
EUR
Medium Impact Expected
ZEW Economic Sentiment
-63.7
-56.0
-52.7
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: Aug 19, 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);
2008-07-15T03:15:00+04:30
NZD
High Impact Expected
CPI q/q
1.6%
1.4%
0.7%
Source: Statistics New Zealand (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 quarterly, about 18 days after the quarter ends; | Next Release: Oct 21, 2008 | FF Notes: This is extremely late relative to inflation data from other countries, but it's the primary gauge of consumer prices and tends to create hefty market impacts; | 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);
2008-07-15T03:31:00+04:30
GBP
Medium Impact Expected
BRC Retail Sales Monitor y/y
-0.4%
null
1.9%
Source: British Retail Consortium (latest release) | Measures: Change in the value of same-store sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the first Tuesday after the month ends; | Next Release: Aug 12, 2008 | FF Notes: Leads the government-released retail data by about 10 days, but has a narrower focus as it only includes retailers who belong to the BRC. Full reports are only available to BRC subscribers; | Also Called: Like-for-like Retail Sales; | Acro Expand: British Retail Consortium (BRC);
2008-07-15T06:00:00+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: Aug 19, 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);
2008-07-15T09:04:00+04:30
JPY
Medium Impact Expected
Monetary Policy Statement
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; | Next Release: Aug 19, 2008 | FF Notes: Source does not give an exact release time - the event will be listed as 'Tentative' until the statement is issued. Source first released in Jul 2008. 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 tools the BOJ uses to communicate with investors about monetary policy. It contains the outcome of their decision on asset purchases 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 votes; | Also Called: Interest Rate Statement; | Acro Expand: Bank of Japan (BOJ);
2008-07-15T12:04:00+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: Aug 19, 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);
2008-07-15T13:00:00+04:30
GBP
High Impact Expected
CPI y/y
3.8%
3.6%
3.3%
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: Aug 12, 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);
2008-07-15T13:30:00+04:30
EUR
High Impact Expected
German ZEW Economic Sentiment
-63.9
-55.5
-52.4
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: Aug 19, 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);
2008-07-15T17:00:00+04:30
CAD
Low Impact Expected
New Motor Vehicle Sales m/m
1.1%
0.0%
-2.4%
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: Aug 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;
2008-07-15T17:30:00+04:30
CAD
High Impact Expected
BOC Rate Statement
null
null
null
Source: Bank of Canada (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: Sep 3, 2008 | Why Traders Care: It's the primary tool the BOC uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions; | Also Called: Interest Rate Statement; | Acro Expand: Bank of Canada (BOC);
2008-07-15T18:30:00+04:30
USD
High Impact Expected
Fed Chairman Bernanke Testifies
null
null
null
Description: Due to testify on the Semiannual Monetary Policy Report before the Senate Banking Committee, in Washington DC; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Chairman Ben Bernanke; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jul 16, 2008 | FF Notes: The testimony usually comes in 2 parts: first he reads a prepared statement (a text version is made available on the Fed's website at the start), then the committee will hold a question and answer session. Since the questions are not known beforehand they can make for some unscripted moments that lead to heavy market volatility; | 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);
2008-07-15T20:00:00+04:30
USD
Medium Impact Expected
Treasury Sec Paulson Speaks
null
null
null
Description: Due to testify on Fannie Mae and Freedie Mac before the Senate Banking Committee, in Washington DC; | Source: US Department of the Treasury (latest release) | Speaker: US Treasury Secretary Henry Paulson; | Next Release: Jul 22, 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;
2008-07-16T00:00:00+04:30
EUR
Medium Impact Expected
Final Core CPI y/y
1.8%
1.8%
1.7%
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: Aug 14, 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);
2008-07-16T00:00:00+04:30
USD
High Impact Expected
Core CPI m/m
0.3%
0.2%
0.2%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding food and energy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Aug 14, 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);
2008-07-16T00:00:00+04:30
GBP
Medium Impact Expected
Average Earnings Index 3m/y
3.8%
3.7%
3.9%
Source: Office for National Statistics (latest release) | Measures: Change in the price businesses and the government pay for labor, including bonuses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Aug 13, 2008 | FF Notes: Data represents the 3-month moving average compared to the same period a year earlier. A figure that excludes bonuses is also released, but not included for lack of significance. Source changed series calculation formula as of Jan 2010; | Why Traders Care: It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer; | Also Called: Average Earnings Including Bonuses;
2008-07-16T00:00:00+04:30
USD
High Impact Expected
CPI y/y
5.0%
4.5%
4.2%
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: Aug 14, 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);
2008-07-16T00:00:00+04:30
GBP
Low Impact Expected
Unemployment Rate
5.2%
5.3%
5.3%
Source: Office for National Statistics (latest release) | Measures: Percentage of total work force that is unemployed and actively seeking employment during the past 3 months; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Aug 13, 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. Unemployment is also a major consideration for those steering the country's monetary policy; | Also Called: ILO Unemployment Rate, Jobless Rate;
2008-07-16T00:00:00+04:30
USD
Medium Impact Expected
CPI m/m
1.1%
0.7%
0.6%
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: Aug 14, 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);