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
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⌀ | Detail
stringlengths 106
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2008-09-09T16:00:00+04:30
|
USD
|
Low Impact Expected
|
NFIB Small Business Index
|
91.1
| null |
88.2
|
Source: NFIB (latest release) | Measures: Level of a composite index based on surveyed small businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the second Tuesday after the month ends; | Next Release: Oct 14, 2008 | FF Notes: Small Businesses are defined as an independent for-profit enterprise that employ between 1 and 250 people, not including the owners; | Derived Via: Survey of small businesses which asks respondents to rate the relative level of economic conditions including labor markets, inventories and sales, capital spending, inflation, earnings and wages, and credit markets; | Acro Expand: National Federation of Independent Business (NFIB);
|
2008-09-09T16:45:00+04:30
|
CAD
|
High Impact Expected
|
Housing Starts
|
211K
|
194K
|
187K
|
Source: CMHC (latest release) | Measures: Annualized number of new residential buildings that began construction during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Oct 8, 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);
|
2008-09-09T17:30:00+04:30
|
USD
|
Medium Impact Expected
|
Fed Chairman Bernanke Speaks
| null | null | null |
Description: Due speak about education at the White House Initiative on Historic Black Colleges and Universities, 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: Oct 7, 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);
|
2008-09-09T18:30:00+04:30
|
USD
|
High Impact Expected
|
Pending Home Sales m/m
|
-3.2%
|
-1.2%
|
5.8%
|
Source: National Association of Realtors (latest release) | Measures: Change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 28 days after the month ends; | Next Release: Oct 8, 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;
|
2008-09-09T23:59:59+04:30
|
All
|
Low Impact Expected
|
OPEC Meetings
| null | null | null |
Source: OPEC (latest release) | Frequency: Twice per year; | Next Release: Sep 10, 2008 | FF Notes: OPEC meetings are usually held in Vienna and are attended by representatives from 12 oil-rich nations. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce. The meetings are closed to the press but officials usually talk with reporters throughout the day, and a formal statement covering policy shifts and meeting objectives is released after the meetings have concluded; | Why Traders Care: OPEC nations represent around 40% of the world's oil supply and are unified in their oil production levels. With so much control over oil's supply-side, shifts in their production levels can have a significant impact on oil prices; | Acro Expand: The Organization of Petroleum Exporting Countries (OPEC);
|
2008-09-10T00:00:00+04:30
|
JPY
|
Low Impact Expected
|
PPI y/y
|
7.2%
|
7.2%
|
7.3%
|
Source: Bank of Japan (latest release) | Measures: Change in the price of goods sold by corporations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 12 days after the month ends; | Next Release: Oct 14, 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);
|
2008-09-10T00:00:00+04:30
|
EUR
|
Low Impact Expected
|
French Trade Balance
|
-4.8B
|
-5.1B
|
-5.4B
|
Source: Ministry for the Economy and Finance (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Oct 8, 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;
|
2008-09-10T00:00:00+04:30
|
CNY
|
Medium Impact Expected
|
Fixed Asset Investment ytd/y
|
27.4%
|
27.2%
|
27.3%
|
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the total spending on non-rural capital investments such as factories, roads, power grids, and property; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 15 days after the month ends; | Next Release: Oct 20, 2008 | FF Notes: Data represents the year-to-date investment compared to the same period a year earlier; | Why Traders Care: It's a leading indicator of economic health - changes in private and public investment levels can be an early signal of future economic activity such as hiring, spending, and earnings;
|
2008-09-10T00:00:00+04:30
|
CNY
|
Medium Impact Expected
|
PPI y/y
|
10.1%
|
9.8%
|
10.0%
|
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the price of goods purchased and sold by producers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually about 10 days after the month ends; | Next Release: Oct 20, 2008 | Why Traders Care: It's a leading indicator of consumer inflation - when producers pay and charge more for goods the higher costs are usually passed on to the consumer; | Acro Expand: Producer Price Index (PPI);
|
2008-09-10T03:15:00+04:30
|
NZD
|
Low Impact Expected
|
Overseas Trade Index q/q
|
-0.5%
|
-1.7%
|
4.1%
|
Source: Statistics New Zealand (latest release) | Measures: Change in the price of internationally traded goods; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 60 days after the quarter ends; | Next Release: Dec 10, 2008 | FF Notes: Calculates the volume of imports that can be purchased with an equal volume of exports; | Also Called: Terms of Trade Index, Overseas Merchandise Trade Index;
|
2008-09-10T03:31:00+04:30
|
GBP
|
Low Impact Expected
|
NIESR GDP Estimate
|
-0.2%
| null |
-0.1%
|
FF Notice: Initial release time was shifted 24 hours later due to source rescheduling; | Source: NIESR (latest release) | Measures: Change in the estimated value of all goods and services produced by the economy during the previous 3 months; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 10 days after the month ends; | Next Release: Oct 8, 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);
|
2008-09-10T04:20:00+04:30
|
JPY
|
Low Impact Expected
|
Current Account
|
1.56T
|
1.34T
|
1.29T
|
Source: Ministry of Finance (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 15, 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;
|
2008-09-10T05:00:00+04:30
|
AUD
|
Medium Impact Expected
|
Westpac Consumer Sentiment
|
7.0%
| null |
9.1%
|
Source: Westpac Banking Corporation (latest release) | Measures: Change in the level of a diffusion index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the second Tuesday of the current month; | Next Release: Oct 8, 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;
|
2008-09-10T06:30:00+04:30
|
CNY
|
Medium Impact Expected
|
CPI y/y
|
4.9%
|
5.4%
|
6.3%
|
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually about 10 days after the month ends; | Next Release: Oct 20, 2008 | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to respond by raising interest rates; | Derived Via: The average price of various goods and services are sampled and then compared to the sampling done a year earlier; | Acro Expand: Consumer Price Index (CPI);
|
2008-09-10T08:00:00+04:30
|
CNY
|
High Impact Expected
|
USD-Denominated Trade Balance
|
28.7B
|
23.4B
|
25.3B
|
Source: CGAC | Measures: Trade Balance in US Dollars terms; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 10 days after the month ends; | Next Release: Oct 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. 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);
|
2008-09-10T09:30:00+04:30
|
JPY
|
Low Impact Expected
|
Leading Indicators
|
91.6%
|
91.8%
|
91.0%
|
Source: Cabinet Office (latest release) | Measures: Level of a composite index based on 11 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Oct 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. There's a revised version of this indicator released about 20 days later, but it's not included for lack of significance. Source changed series from a diffusion index to a composite index as of Jun 2008 and changed series calculation formula as of Jul 2023; | Derived Via: Combined reading of 11 economic indicators related to employment, production, new orders, consumer confidence, housing, stock prices, money supply, and interest rate spreads;
|
2008-09-10T11:15:00+04:30
|
EUR
|
Medium Impact Expected
|
French Industrial Production m/m
|
1.2%
|
0.1%
|
-0.6%
|
Source: INSEE (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 10, 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;
|
2008-09-10T11:30:00+04:30
|
EUR
|
High Impact Expected
|
ECB President Trichet Speaks
| null | null | null |
Description: Due to testify before Parliament's Committee on Economic and Monetary affairs, in Brussels; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Sep 11, 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);
|
2008-09-10T13:00:00+04:30
|
GBP
|
Medium Impact Expected
|
Goods Trade Balance
|
-7.7B
|
-7.5B
|
-8.0B
|
Source: Office for National Statistics (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 9, 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;
|
2008-09-10T13:20:00+04:30
|
CNY
|
Low Impact Expected
|
Foreign Direct Investment ytd/y
|
41.6%
| null |
44.5%
|
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: Oct 10, 2008 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released. 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);
|
2008-09-10T14:45:00+04:30
|
CHF
|
Medium Impact Expected
|
Gov Board Member Hildebrand Speaks
| null | null | null |
Description: Due to deliver a speech titled "Albert Gallatin, one of the financial founding fathers." at the Swiss American Chamber of Commerce, in Geneva; | Source: Swiss National Bank (latest release) | Speaker: SNB Governing Board Vice-Chairman Philip Hildebrand; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Sep 16, 2008 | FF Notes: Governing Board member Jul 2003 - Jul 2015. He will be promoted to the Chairman position in Jan 2010; | Why Traders Care: SNB Governing Board members are responsible for setting the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Swiss National Bank (SNB);
|
2008-09-10T17:00:00+04:30
|
CAD
|
Medium Impact Expected
|
Labor Productivity q/q
|
-0.2%
|
0.1%
|
-0.6%
|
Source: Statistics Canada (latest release) | Measures: Change in labor efficiency when producing goods and services; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released quarterly, about 65 days after the quarter ends; | Next Release: Dec 10, 2008 | Why Traders Care: Productivity and labor-related inflation are directly linked - a drop in a worker's productivity is equivalent to a rise in their wage. When businesses pay more for labor the higher costs are usually passed on to the consumer;
|
2008-09-10T17:30:00+04:30
|
CHF
|
Medium Impact Expected
|
Gov Board Member Jordan Speaks
| null | null | null |
Description: Due to deliver a speech titled "Financing Mortgage and the Risks of Credit Shortage in Switzerland and Abroad" at Zurich University, in Zurich; | Source: Swiss National Bank (latest release) | Speaker: SNB Governing Board Interim Chairman Thomas Jordan; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 15, 2009 | FF Notes: Governing Board member May 2007 - Apr 2013. In Jan 2012 his title changed from Vice-Chairman to Interim Chairman. In Jan 2010 his title changed from Board Member to Vice-Chairman; | Why Traders Care: SNB Governing Board members are responsible for setting the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Swiss National Bank (SNB);
|
2008-09-10T19:00:00+04:30
|
GBP
|
Low Impact Expected
|
CB Leading Index m/m
|
-0.7%
| null |
-1.0%
|
Source: The Conference Board Inc. (latest release) | Measures: Change in the level of a composite index based on 7 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Oct 8, 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);
|
2008-09-10T19:05:00+04:30
|
USD
|
Medium Impact Expected
|
Crude Oil Inventories
|
-5.9M
|
-4.6M
|
-1.9M
|
Source: Energy Information Administration (latest release) | Measures: Change in the number of barrels of crude oil held in inventory by commercial firms during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, 4 days after the week ends; | Next Release: Sep 17, 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);
|
2008-09-10T23:59:59+04:30
|
All
|
Low Impact Expected
|
OPEC Meetings
| null | null | null |
Source: OPEC (latest release) | Frequency: Twice per year; | Next Release: Oct 24, 2008 | FF Notes: OPEC meetings are usually held in Vienna and are attended by representatives from 12 oil-rich nations. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce. The meetings are closed to the press but officials usually talk with reporters throughout the day, and a formal statement covering policy shifts and meeting objectives is released after the meetings have concluded; | Why Traders Care: OPEC nations represent around 40% of the world's oil supply and are unified in their oil production levels. With so much control over oil's supply-side, shifts in their production levels can have a significant impact on oil prices; | Acro Expand: The Organization of Petroleum Exporting Countries (OPEC);
|
2008-09-11T00:00:00+04:30
|
USD
|
Medium Impact Expected
|
Import Prices m/m
|
-3.7%
|
-1.6%
|
0.2%
|
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: Oct 10, 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;
|
2008-09-11T00:00:00+04:30
|
AUD
|
High Impact Expected
|
Unemployment Rate
|
4.1%
|
4.4%
|
4.3%
|
Source: Australian Bureau of Statistics (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Oct 9, 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;
|
2008-09-11T00:00:00+04:30
|
USD
|
Medium Impact Expected
|
Federal Budget Balance
|
-111.9B
|
-106.2B
|
-102.8B
|
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: Oct 14, 2008 | FF Notes: A positive number indicates a budget surplus, a negative number indicates a deficit; | Also Called: Monthly Treasury Statement, Treasury Budget;
|
2008-09-11T00:00:00+04:30
|
NZD
|
High Impact Expected
|
RBNZ Press Conference
| null | null | null |
Source: Reserve Bank of New Zealand (latest release) | Speaker: RBNZ Governor; | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled quarterly, at every other Official Cash Rate announcement; | Next Release: Oct 22, 2008 | FF Notes: The press conference is about 30 minutes long and has 2 parts - first a prepared statement is read, then the conference is open to press questions. The questions sometimes lead to unscripted answers that create heavy market volatility. The press conference is webcasted on the RBNZ website real-time; | Why Traders Care: It's among the primary tools the RBNZ uses to communicate with investors about monetary policy. It covers in detail the factors that affected the most recent interest rate decision, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy; | Also Called: Monetary Policy Statement Media Conference; | Acro Expand: Reserve Bank of New Zealand (RBNZ);
|
2008-09-11T00:00:00+04:30
|
CAD
|
Low Impact Expected
|
NHPI m/m
|
0.1%
|
0.1%
|
0.1%
|
Source: Statistics Canada (latest release) | Measures: Change in the selling price of new homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Oct 10, 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);
|
2008-09-11T00:00:00+04:30
|
USD
|
Medium Impact Expected
|
Unemployment Claims
|
445K
|
440K
|
451K
|
Source: Department of Labor (latest release) | Measures: The number of individuals who filed for unemployment insurance for the first time during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, usually on the first Thursday after the week ends; | Next Release: Sep 18, 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;
|
2008-09-11T00:00:00+04:30
|
NZD
|
High Impact Expected
|
RBNZ Rate Statement
| null | null | null |
Source: Reserve Bank of New Zealand (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 7 times per year; | Next Release: Oct 22, 2008 | Why Traders Care: It's among the primary tools the RBNZ uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions; | Also Called: Policy Assessment, Interest Rate Statement; | Acro Expand: Reserve Bank of New Zealand (RBNZ);
|
2008-09-11T00:00:00+04:30
|
NZD
|
Medium Impact Expected
|
RBNZ Monetary Policy Statement
| null | null | null |
Source: Reserve Bank of New Zealand (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released quarterly; | Next Release: Dec 3, 2008 | FF Notes: In this report the RBNZ is mandated to include details on how they will achieve their inflation targets, how they propose to formulate and implement monetary policy during the next five years, and how monetary policy has been implemented since the last statement's release; | Why Traders Care: It provides valuable insight into the bank's view of economic conditions and inflation - the key factors that will shape the future of monetary policy and influence their interest rate decisions; | Acro Expand: Reserve Bank of New Zealand (RBNZ);
|
2008-09-11T00:00:00+04:30
|
USD
|
High Impact Expected
|
Trade Balance
|
-62.2B
|
-58.0B
|
-58.8B
|
FF Notice: 'Actual' data initially misstated, then rectified 10 seconds after release. We regret the error; | Source: Bureau of Economic Analysis (latest release) | Measures: Difference in value between imported and exported goods and services during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Oct 10, 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;
|
2008-09-11T01:30:00+04:30
|
NZD
|
High Impact Expected
|
Official Cash Rate
|
7.50%
|
7.75%
|
8.00%
|
Source: Reserve Bank of New Zealand (latest release) | Measures: Interest rate at which banks lend balances held at the RBNZ to other banks overnight; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled 7 times per year; | Next Release: Oct 22, 2008 | FF Notes: The rate decision is usually priced into the market, so it tends to be overshadowed by the RBNZ 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: The RBNZ Governor decides where to set the rate after consulting senior bank staff and external advisers; | Also Called: Interest Rates, OCR; | Acro Expand: Reserve Bank of New Zealand (RBNZ), Official Cash Rate (OCR);
|
2008-09-11T03:16:00+04:30
|
NZD
|
Low Impact Expected
|
BusinessNZ Manufacturing Index
|
45.7
| null |
48.7
|
FF Notice: Source released data 74 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: Oct 15, 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;
|
2008-09-11T03:19:00+04:30
|
NZD
|
Low Impact Expected
|
FPI m/m
|
2.7%
| null |
0.6%
|
FF Notice: Source released data 4 minutes later than scheduled; | Source: Statistics New Zealand (latest release) | Measures: Change in the price of food and food services purchased by households; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Oct 21, 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);
|
2008-09-11T04:20:00+04:30
|
JPY
|
Medium Impact Expected
|
Core Machinery Orders m/m
|
-3.9%
|
-4.1%
|
-2.6%
|
Source: Cabinet Office (latest release) | Measures: Change in the total value of new private-sector purchase orders placed with manufacturers for machines, excluding ships and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Oct 9, 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;
|
2008-09-11T05:30:00+04:30
|
AUD
|
Low Impact Expected
|
MI Inflation Expectations
|
4.4%
| null |
4.9%
|
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: Oct 9, 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);
|
2008-09-11T06:00:00+04:30
|
AUD
|
High Impact Expected
|
Employment Change
|
14.6K
|
5.5K
|
18.7K
|
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the number of employed people during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Oct 9, 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;
|
2008-09-11T10:30:00+04:30
|
EUR
|
Low Impact Expected
|
German WPI m/m
|
-1.8%
|
-0.3%
|
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: Oct 9, 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);
|
2008-09-11T11:15:00+04:30
|
EUR
|
Low Impact Expected
|
French Final Private Payrolls q/q
|
-0.2%
|
-0.1%
|
-0.1%
|
Source: INSEE (latest release) | Measures: Change in the number of employed people, excluding the farming industry and government; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: Dec 16, 2008 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this indicator released about a month apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact; | Also Called: Non-Farm Employment, Revised Employment;
|
2008-09-11T12:30:00+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: Oct 9, 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);
|
2008-09-11T13:00:00+04:30
|
GBP
|
Medium Impact Expected
|
Consumer Inflation Expectations
|
4.4%
| null |
4.3%
|
Source: Bank of England (latest release) | Measures: Percentage that consumers expect the price of goods and services to change during the next 12 months; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 20 days after the survey is conducted; | Next Release: Dec 11, 2008 | Why Traders Care: Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise; | Derived Via: Survey of about 2,000 consumers, conducted by Ipsos, which asks respondents where they expect prices to be 12 months in the future; | Also Called: BOE/Ipsos Inflation Attitudes Survey, Median Inflation Expectations; | Acro Expand: Bank of England (BOE);
|
2008-09-11T13:15:00+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: Nov 25, 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);
|
2008-09-11T17:00:00+04:30
|
CAD
|
High Impact Expected
|
Trade Balance
|
4.9B
|
5.6B
|
5.6B
|
Source: Statistics Canada (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Oct 10, 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;
|
2008-09-11T19:05:00+04:30
|
USD
|
Low Impact Expected
|
Natural Gas Storage
|
58B
|
56B
|
90B
|
Source: Energy Information Administration (latest release) | Measures: Change in the number of cubic feet of natural gas held in underground storage during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, 5 days after the week ends; | Next Release: Sep 18, 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);
|
2008-09-11T21:30:00+04:30
|
USD
|
Medium Impact Expected
|
10-y Bond Auction
|
3.63|2.5
| null |
4.08|2.6
|
Source: Treasury Direct (latest release) | Measures: Highest yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Conducted monthly; | Next Release: Oct 9, 2008 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the highest interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted); | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: Treasury Auction, Note Auction;
|
2008-09-11T22:30:00+04:30
|
EUR
|
Medium Impact Expected
|
ECB President Trichet Speaks
| null | null | null |
Description: Due to speak at the 2008 EUROFI Conference, in Nice; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Sep 15, 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);
|
2008-09-11T23:15:00+04:30
|
USD
|
Medium Impact Expected
|
FOMC Member Kohn Speaks
| null | null | null |
Description: Due to participate in a panel discussion at the Brookings Panel on Economic Activity, in Washington DC. Audience questions expected; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Donald Kohn; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Oct 16, 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;
|
2008-09-12T00:00:00+04:30
|
CNY
|
Low Impact Expected
|
M2 Money Supply y/y
|
16.0%
|
16.7%
|
16.4%
|
Source: People's Bank of China (latest release) | Measures: Change in the total quantity of domestic currency in circulation and deposited in banks; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Oct 14, 2008 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released; | Why Traders Care: It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation; | Also Called: Broad Money;
|
2008-09-12T00:00:00+04:30
|
USD
|
High Impact Expected
|
Core Retail Sales m/m
|
-0.7%
|
-0.2%
|
0.3%
|
Source: Census Bureau (latest release) | Measures: Change in the total value of sales at the retail level, excluding automobiles; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Oct 15, 2008 | FF Notes: Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Retail Sales Ex Autos;
|
2008-09-12T00:00:00+04:30
|
EUR
|
Low Impact Expected
|
Final Employment Change q/q
|
0.2%
| null |
0.3%
|
Source: Eurostat (latest release) | Measures: Change in the number of employed people; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 65 days after the quarter ends; | Next Release: Dec 16, 2008 | FF Notes: The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about 20 days apart – Flash and Final. The Flash release, which the source first reported in Nov 2018, is the earliest and thus tends to have the most impact;
|
2008-09-12T00:00:00+04:30
|
USD
|
High Impact Expected
|
PPI m/m
|
-0.9%
|
-0.5%
|
1.2%
|
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of finished goods and services sold by producers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Oct 15, 2008 | FF Notes: Source changed series calculation formula as of Feb 2014; | Why Traders Care: It's a leading indicator of consumer inflation - when producers charge more for goods and services the higher costs are usually passed on to the consumer; | Also Called: Finished Goods PPI, Wholesale Prices, PPI for Final Demand; | Acro Expand: Producer Price Index (PPI);
|
2008-09-12T00:00:00+04:30
|
USD
|
High Impact Expected
|
Retail Sales m/m
|
-0.3%
|
0.2%
|
-0.5%
|
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: Oct 15, 2008 | FF Notes: This is the earliest and broadest look at vital consumer spending data; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Advance Retail Sales;
|
2008-09-12T00:00:00+04:30
|
CNY
|
Medium Impact Expected
|
New Loans
|
272B
| null |
382B
|
Source: People's Bank of China (latest release) | Measures: Value of new yuan-denominated loans issued to consumers and businesses during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Oct 14, 2008 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released; | Why Traders Care: Borrowing and spending are positively correlated - consumers and businesses tend to seek credit when they are confident in their future financial position and feel comfortable spending money; | Also Called: New Yuan Loans;
|
2008-09-12T00:00:00+04:30
|
CNY
|
Low Impact Expected
|
Retail Sales y/y
|
23.2%
|
23.0%
|
23.3%
|
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 15 days after the month ends; | Next Release: Oct 20, 2008 | FF Notes: This is the earliest look at vital consumer spending data. There are 2 versions of this report released about two weeks apart - Prelim and Final. The Final is not reported for lack of significance; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
|
2008-09-12T00:00:00+04:30
|
USD
|
Medium Impact Expected
|
Core PPI m/m
|
0.2%
|
0.2%
|
0.7%
|
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: Oct 15, 2008 | FF Notes: Source changed series calculation formula as of Feb 2014. Food and energy prices make up about 40% of overall PPI which tends to mute the importance of the Core data; | Also Called: Core Finished Goods PPI, Core PPI for Final Demand; | Acro Expand: Producer Price Index (PPI);
|
2008-09-12T00:00:00+04:30
|
NZD
|
High Impact Expected
|
Retail Sales m/m
|
-0.8%
|
-0.3%
|
1.0%
|
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: Oct 13, 2008 | FF Notes: Source discontinued this data in Feb 2011;
|
2008-09-12T00:00:00+04:30
|
USD
|
Low Impact Expected
|
Prelim UoM Inflation Expectations
|
3.6%
| null |
4.8%
|
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: Oct 17, 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);
|
2008-09-12T03:15:00+04:30
|
NZD
|
High Impact Expected
|
Core Retail Sales m/m
|
-0.2%
|
0.2%
|
0.2%
|
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: Oct 13, 2008 | FF Notes: Source discontinued this data in Feb 2011; | Also Called: Retail Sales Ex Autos;
|
2008-09-12T04:20:00+04:30
|
JPY
|
Medium Impact Expected
|
Final GDP q/q
|
-0.7%
|
-0.9%
|
-0.6%
|
Source: Cabinet Office (latest release) | Measures: Change in the inflation-adjusted value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 70 days after the quarter ends; | Next Release: Dec 9, 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 GDP released about a month apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact. Source changed series calculation formula as of Dec 2004, Aug 2002, and Dec 2000; | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Acro Expand: Gross Domestic Product (GDP);
|
2008-09-12T04:22:00+04:30
|
JPY
|
Low Impact Expected
|
Final GDP Price Index y/y
|
-1.5%
|
-1.6%
|
-1.6%
|
FF Notice: Source released data 2 minutes later than scheduled; | Source: Cabinet Office (latest release) | Measures: Change in the price of all goods and services included in GDP; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 70 days after the quarter ends; | Next Release: Dec 9, 2008 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. | Also Called: GDP Deflator; | Acro Expand: Gross Domestic Product (GDP);
|
2008-09-12T06:30:00+04:30
|
CNY
|
High Impact Expected
|
Industrial Production y/y
|
12.8%
|
14.4%
|
14.7%
|
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 15 days after the month ends; | Next Release: Oct 20, 2008 | FF Notes: Chinese data can have a broad impact on the currency markets due to China's influence on the global economy and investor sentiment; | Why Traders Care: It's a leading indicator of economic health - production is the dominant driver of the economy and reacts quickly to ups and downs in the business cycle; | Also Called: Industrial Output;
|
2008-09-12T09:00:00+04:30
|
JPY
|
Low Impact Expected
|
Revised Industrial Production m/m
|
1.3%
|
0.9%
|
0.9%
|
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: Oct 15, 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;
|
2008-09-12T11:15:00+04:30
|
EUR
|
Low Impact Expected
|
French Final CPI m/m
|
0.0%
|
0.1%
|
-0.2%
|
Source: INSEE (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Oct 14, 2008 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of CPI released about 15 days apart - Preliminary and Final. The Preliminary release, which the source first reported in Jan 2016, is the earliest and thus tends to have the most impact. This is one of the few non-seasonally adjusted numbers reported on the calendar, as it's the primary calculation for this indicator; | Acro Expand: Consumer Price Index (CPI);
|
2008-09-12T12:30:00+04:30
|
EUR
|
Low Impact Expected
|
Italian Industrial Production m/m
|
-1.1%
|
-0.5%
|
-0.2%
|
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: Oct 10, 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;
|
2008-09-12T13:30:00+04:30
|
EUR
|
Medium Impact Expected
|
Industrial Production m/m
|
-0.3%
|
-0.2%
|
-0.2%
|
Source: Eurostat (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Oct 14, 2008 | FF Notes: Tends to have a relatively mild impact because Germany and France, which account for about half of the Eurozone's economy, release earlier production data; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Industrial Output;
|
2008-09-12T15:00:00+04:30
|
GBP
|
Medium Impact Expected
|
MPC Member Tucker Speaks
| null | null | null |
Description: Due to speak at the Money Macroeconomics and Finance Research Group Annual Conference 2008, in London; | Source: Bank of England (latest release) | Speaker: BOE Deputy Governor Paul Tucker; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 21, 2009 | FF Notes: MPC voting member Jun 2002 - Oct 2013. In Mar 2009 his title changed from Executive Director to Deputy Governor; | 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;
|
2008-09-12T17:00:00+04:30
|
CAD
|
Low Impact Expected
|
Capacity Utilization Rate
|
78.9%
|
79.3%
|
79.6%
|
Source: Statistics Canada (latest release) | Measures: Percentage of available resources being utilized by manufacturers, builders, mines, oil extractors, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: Dec 12, 2008 | Why Traders Care: It's a leading indicator of consumer inflation - when producers are nearing full capacity they respond by raising prices, and the higher costs are usually passed on to the consumer; | Also Called: Industrial Capacity Utilization Rate;
|
2008-09-12T18:25:00+04:30
|
USD
|
High Impact Expected
|
Prelim UoM Consumer Sentiment
|
73.1
|
64.0
|
63.0
|
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: Oct 17, 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);
|
2008-09-12T18:30:00+04:30
|
USD
|
Medium Impact Expected
|
Business Inventories m/m
|
1.1%
|
0.5%
|
0.8%
|
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: Oct 15, 2008 | Why Traders Care: It's a signal of future business spending because companies are more likely to purchase goods once they have depleted inventories;
|
2008-09-14T18:00:00+04:30
|
USD
|
High Impact Expected
|
Fed Announcement
| null | null | null |
FF Notice: For historical accuracy, this event was added to the calendar after its release time; | Description: Fed announces several initiatives to provide additional support to financial markets, including enhancements to its existing liquidity facilities; | Source: Federal Reserve (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Random; | Next Release: Sep 21, 2008 | FF Notes: In addition to the scheduled FOMC statements, the Fed releases various unscheduled statements - these statements are grouped under this event; | Why Traders Care: It's a tool the FOMC uses to communicate with investors about monetary policy. It contains policy decisions and commentary about economic conditions that impact their decisions; | Also Called: Fed Statement; | Acro Expand: Federal Reserve (Fed);
|
2008-09-15T00:00:00+04:30
|
USD
|
Medium Impact Expected
|
Industrial Production m/m
|
-1.1%
|
-0.3%
|
0.1%
|
Source: Federal Reserve (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Oct 16, 2008 | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Factory Output;
|
2008-09-15T00:00:00+04:30
|
CHF
|
Medium Impact Expected
|
Retail Sales y/y
|
6.2%
|
2.3%
|
0.7%
|
Source: Federal Statistical Office (latest release) | Measures: Change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Oct 16, 2008 | FF Notes: Source changed series calculation formula as of Jan 2010; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Real Retail Sales;
|
2008-09-15T00:00:00+04:30
|
USD
|
Medium Impact Expected
|
Empire State Manufacturing Index
|
-7.4
|
1.5
|
2.8
|
Source: Federal Reserve Bank of New York (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers in New York state; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the middle of the current month; | Next Release: Oct 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;
|
2008-09-15T03:20:00+04:30
|
NZD
|
Low Impact Expected
|
Manufacturing Sales q/q
|
-0.6%
| null |
3.0%
|
FF Notice: Source released data 5 minutes later than scheduled. 'Actual' data initially misstated, then rectified 9 minutes after release. We regret the error; | Source: Statistics New Zealand (latest release) | Measures: Change in the total value of sales at the manufacturing level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 70 days after the quarter ends; | Next Release: Dec 15, 2008 | Also Called: Economic Survey of Manufacturing, Manufacturing Activity;
|
2008-09-15T06:00:00+04:30
|
AUD
|
Low Impact Expected
|
Housing Starts q/q
|
-3.7%
|
-2.7%
|
-1.0%
|
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the number of new residential buildings that began construction; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: Dec 16, 2008 | FF Notes: Source discontinued this data in Sep 2012. Tends to produce a relatively muted impact because the tightly-correlated Building Permits data is released monthly; | Why Traders Care: It's a leading indicator of economic health because building construction produces a wide-reaching ripple effect. For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder; | Also Called: Dwelling Commencements;
|
2008-09-15T07:00:00+04:30
|
AUD
|
Medium Impact Expected
|
Mid-Year Economic and Fiscal Outlook
| null | null | null |
Source: Australia Treasury (latest release) | Frequency: Released annually; | Next Release: Nov 2, 2009 | FF Notes: This document provides an updated economic outlook, growth forecasts, and compares the government's fiscal performance to the strategy outlined in the prior Annual Budget; | Why Traders Care: Domestic government spending and borrowing levels can have a significant impact on the economy - increased spending generates work for contractors and creates jobs, while borrowing levels impact the nations credit rating and provide insight into the nation's underlying fiscal position; | Also Called: MYEFO; | Acro Expand: Mid-Year Economic and Fiscal Outlook (MYEFO);
|
2008-09-15T11:45:00+04:30
|
CHF
|
Medium Impact Expected
|
PPI m/m
|
-0.5%
|
-0.2%
|
0.5%
|
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: Oct 13, 2008 | Why Traders Care: It's a leading indicator of consumer inflation - when manufacturers pay more for goods the higher costs are usually passed on to the consumer; | Also Called: Producer and Import Prices, Producer Input Prices; | Acro Expand: Producer Price Index (PPI);
|
2008-09-15T13:30:00+04:30
|
EUR
|
Low Impact Expected
|
ECB President Trichet Speaks
| null | null | null |
Description: Due to speak at his acceptance of the Ehrenplakette by the City of Frankfurt am Main, in Frankfurt; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Sep 21, 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);
|
2008-09-15T17:00:00+04:30
|
CAD
|
Low Impact Expected
|
New Motor Vehicle Sales m/m
|
-0.8%
|
0.0%
|
-1.3%
|
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: Oct 14, 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;
|
2008-09-15T17:45:00+04:30
|
USD
|
Medium Impact Expected
|
Capacity Utilization Rate
|
78.7%
|
79.6%
|
79.7%
|
Source: Federal Reserve (latest release) | Measures: Percentage of available resources being utilized by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Oct 16, 2008 | Why Traders Care: It's a leading indicator of consumer inflation - when producers are nearing full capacity they respond by raising prices, and the higher costs are usually passed on to the consumer;
|
2008-09-15T23:59:59+04:30
|
JPY
|
Non-Economic
|
Bank Holiday
| null | null | null |
Description: Japanese banks will be closed in observance of Respect-for-the-Aged Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Sep 23, 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;
|
2008-09-15T23:59:59+04:30
|
CNY
|
Non-Economic
|
Bank Holiday
| null | null | null |
Description: Chinese banks will be closed in observance of Mid-Autumn Festival; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Oct 1, 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;
|
2008-09-16T00:00:00+04:30
|
USD
|
High Impact Expected
|
CPI y/y
|
5.4%
|
5.6%
|
5.6%
|
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: Oct 16, 2008 | FF Notes: This is among the few non-seasonally adjusted numbers reported on the calendar; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Derived Via: The average price of various goods and services are sampled and then compared to the previous sampling; | Acro Expand: Consumer Price Index (CPI);
|
2008-09-16T00:00:00+04:30
|
EUR
|
High Impact Expected
|
German ZEW Economic Sentiment
|
-41.1
|
-53.0
|
-55.5
|
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: Oct 14, 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);
|
2008-09-16T00:00:00+04:30
|
GBP
|
Medium Impact Expected
|
Core CPI y/y
|
2.0%
|
1.9%
|
1.9%
|
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: Oct 14, 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);
|
2008-09-16T00:00:00+04:30
|
USD
|
Medium Impact Expected
|
CPI m/m
|
-0.1%
|
0.0%
|
0.8%
|
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Oct 16, 2008 | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Derived Via: The average price of various goods and services are sampled and then compared to the previous sampling; | Acro Expand: Consumer Price Index (CPI);
|
2008-09-16T00:00:00+04:30
|
EUR
|
Medium Impact Expected
|
Final Core CPI y/y
|
1.9%
|
1.7%
|
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: Oct 15, 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);
|
2008-09-16T00:00:00+04:30
|
USD
|
High Impact Expected
|
Core CPI m/m
|
0.2%
|
0.2%
|
0.3%
|
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: Oct 16, 2008 | FF Notes: Food and energy prices account for about a quarter of CPI, but they tend to be very volatile and distort the underlying trend. The Federal Open Market Committee usually pays more attention to the Core data - so do traders; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Also Called: CPI Ex Food and Energy, Underlying CPI; | Acro Expand: Consumer Price Index (CPI);
|
2008-09-16T00:00:00+04:30
|
EUR
|
Medium Impact Expected
|
ZEW Economic Sentiment
|
-40.9
|
-55.0
|
-55.7
|
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: Oct 14, 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);
|
2008-09-16T00:00:00+04:30
|
GBP
|
Low Impact Expected
|
RPI y/y
|
4.8%
|
4.9%
|
5.0%
|
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: Oct 14, 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);
|
2008-09-16T00:00:00+04:30
|
USD
|
High Impact Expected
|
FOMC Statement
| null | null | null |
FF Notice: Source released statement 1 minute 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: Oct 8, 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);
|
2008-09-16T06:00:00+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: Oct 21, 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);
|
2008-09-16T09:30:00+04:30
|
JPY
|
Low Impact Expected
|
Consumer Confidence
|
30.1
|
31.5
|
31.4
|
Source: Cabinet Office (latest release) | Measures: Level of a composite index based on surveyed households, excluding single-person homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 3 days after the month ends; | Next Release: Oct 14, 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;
|
2008-09-16T10:30:00+04:30
|
EUR
|
Low Impact Expected
|
German Final CPI m/m
|
-0.3%
|
-0.3%
|
-0.3%
|
Source: Destatis (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Oct 15, 2008 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of CPI released about 15 days apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact; | Acro Expand: Consumer Price Index (CPI);
|
2008-09-16T11:45:00+04:30
|
CHF
|
Medium Impact Expected
|
Industrial Production q/q
|
8.9%
|
5.0%
|
-9.4%
|
Source: Federal Statistical Office (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: Dec 16, 2008 | FF Notes: Source discontinued this data in Mar 2012; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings;
|
2008-09-16T13:00:00+04:30
|
GBP
|
High Impact Expected
|
CPI y/y
|
4.7%
|
4.6%
|
4.4%
|
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: Oct 14, 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);
|
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