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
⌀ |
|---|---|---|---|---|---|---|---|
2008-10-17T00:00:00+03:30
|
USD
|
Medium Impact Expected
|
Housing Starts
|
0.82M
|
0.88M
|
0.87M
|
Source: Census Bureau (latest release) | Measures: Annualized number of new residential buildings that began construction during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the 12th business day after the month ends; | Next Release: Nov 19, 2008 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12). This data is slightly overshadowed by Building Permits because they are tightly correlated and a permit must be issued before a house can begin construction; | Why Traders Care: It's a leading indicator of economic health because building construction produces a wide-reaching ripple effect. For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder;
|
2008-10-17T00:00:00+03:30
|
USD
|
Low Impact Expected
|
Prelim UoM Inflation Expectations
|
4.5%
| null |
4.3%
|
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: Nov 14, 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);
|
2008-10-17T03:20:00+03:30
|
JPY
|
Medium Impact Expected
|
Tertiary Industry Activity m/m
|
-1.4%
|
-0.8%
|
1.2%
|
Source: METI (latest release) | Measures: Change in the total value of services purchased by businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Nov 17, 2008 | Why Traders Care: It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their spending can be an early signal of future economic activity such as hiring, earnings, and investment;
|
2008-10-17T04:00:00+03:30
|
AUD
|
Low Impact Expected
|
Import Prices q/q
|
5.0%
|
0.5%
|
1.4%
|
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the price of goods purchased by importers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 30 days after the quarter ends; | Next Release: Jan 23, 2009 | Why Traders Care: It contributes to inflation for businesses and consumers, especially those who rely heavily on imported goods; | Also Called: Import Price Index;
|
2008-10-17T10:05:00+03:30
|
JPY
|
Medium Impact Expected
|
BOJ Gov Shirakawa Speaks
| null | null | null |
Description: Due to speak at the 45th annual meeting of Japan's credit cooperatives, in Tokyo; | Source: Bank of Japan (latest release) | Speaker: BOJ Governor Masaaki Shirakawa; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Oct 20, 2008 | FF Notes: BOJ Governor Apr 2008 - Mar 2013. Volatility is sometimes experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the central bank, which controls short term interest rates, he has important influence over the nation's currency value. Traders scrutinize his speeches as they are often used to drop subtle clues regarding future monetary policy and interest rate shifts; | Acro Expand: Bank of Japan (BOJ);
|
2008-10-17T12:30:00+03:30
|
EUR
|
Low Impact Expected
|
Trade Balance
|
-6.1B
|
-5.4B
|
-6.7B
|
Source: Eurostat (latest release) | Measures: Difference in value between imported and exported goods and services during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Nov 17, 2008 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. Tends to have a muted impact because Germany and France, which account for about half of the Eurozone's economy, release earlier trade data. A positive Trade Balance indicates that more goods and services were exported than imported;
|
2008-10-17T16:00:00+03:30
|
USD
|
High Impact Expected
|
Building Permits
|
0.79M
|
0.84M
|
0.86M
|
Source: Census Bureau (latest release) | Measures: Annualized number of new residential building permits issued during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the 12th business day after the month ends; | Next Release: Nov 19, 2008 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12); | Why Traders Care: It's an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building; | Also Called: Residential Building Permits;
|
2008-10-17T17:25:00+03:30
|
USD
|
High Impact Expected
|
Prelim UoM Consumer Sentiment
|
57.5
|
66.0
|
70.3
|
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: Nov 14, 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);
|
2008-10-20T00:00:00+03:30
|
CNY
|
Medium Impact Expected
|
NBS Press Conference
| null | null | null |
Source: National Bureau of Statistics of China | Speaker: NBS Spokesperson; | Frequency: Scheduled monthly, excluding Feb, about 15 days after the month ends; | Next Release: Jan 22, 2009 | FF Notes: The press conference has 2 parts - first a prepared statement is read which announces the key economic numbers, then the conference is briefly open to press questions. The questions sometimes lead to unscripted answers that can have a significant market impact. Source changed frequency from quarterly to monthly as of Aug 2009 and then reverted from monthly to quarterly as of Jul 2011 and then back from quarterly to monthly as of Mar 2022; | Acro Expand: National Bureau of Statistics (NBS);
|
2008-10-20T00:00:00+03:30
|
CNY
|
Medium Impact Expected
|
CPI y/y
|
4.6%
|
4.6%
|
4.9%
|
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: Nov 11, 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);
|
2008-10-20T00:00:00+03:30
|
CNY
|
Medium Impact Expected
|
PPI y/y
|
9.1%
|
9.7%
|
10.1%
|
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the price of goods purchased and sold by producers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually about 10 days after the month ends; | Next Release: Nov 10, 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);
|
2008-10-20T00:00:00+03:30
|
CAD
|
Medium Impact Expected
|
Wholesale Sales m/m
|
-1.5%
|
-0.8%
|
2.7%
|
Source: Statistics Canada (latest release) | Measures: Change in the total value of sales at the wholesale level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Nov 20, 2008 | Why Traders Care: It's a leading indicator of consumer spending - retailers generally order more goods from wholesalers when they expect consumer sales to increase; | Also Called: Wholesale Trade;
|
2008-10-20T00:00:00+03:30
|
CNY
|
High Impact Expected
|
Industrial Production y/y
|
11.4%
|
13.4%
|
12.8%
|
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: Nov 13, 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;
|
2008-10-20T00:00:00+03:30
|
CNY
|
Low Impact Expected
|
Retail Sales y/y
|
23.2%
|
22.8%
|
23.2%
|
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: Nov 12, 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;
|
2008-10-20T00:00:00+03:30
|
USD
|
Low Impact Expected
|
CB Leading Index m/m
|
0.3%
|
-0.2%
|
-0.9%
|
Source: The Conference Board Inc. (latest release) | Measures: Change in the level of a composite index based on 10 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Nov 20, 2008 | FF Notes: This index is designed to predict the direction of the economy, but it tends to have a muted impact because most of the indicators used in the calculation are released previously. Source changed series calculation formula as of Jan 2012; | Derived Via: Combined reading of 10 economic indicators related to employment, new orders, consumer confidence, housing, stock market prices, credit trends, and interest rate spreads; | Also Called: Leading Indicators; | Acro Expand: The Conference Board (CB);
|
2008-10-20T00:00:00+03:30
|
CNY
|
Medium Impact Expected
|
Fixed Asset Investment ytd/y
|
27.6%
|
27.2%
|
27.4%
|
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the total spending on non-rural capital investments such as factories, roads, power grids, and property; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 15 days after the month ends; | Next Release: Nov 14, 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;
|
2008-10-20T00:00:00+03:30
|
JPY
|
Medium Impact Expected
|
BOJ Gov Shirakawa Speaks
| null | null | null |
Description: Due to speak at the BOJ quarterly branch managers meeting, in Tokyo; | Source: Bank of Japan (latest release) | Speaker: BOJ Governor Masaaki Shirakawa; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Nov 5, 2008 | FF Notes: BOJ Governor Apr 2008 - Mar 2013. Volatility is sometimes experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the central bank, which controls short term interest rates, he has important influence over the nation's currency value. Traders scrutinize his speeches as they are often used to drop subtle clues regarding future monetary policy and interest rate shifts; | Acro Expand: Bank of Japan (BOJ);
|
2008-10-20T00:00:00+03:30
|
GBP
|
Low Impact Expected
|
Public Sector Net Borrowing
|
8.1B
|
6.9B
|
10.3B
|
Source: Office for National Statistics (latest release) | Measures: Difference in value between spending and income for public corporations, the central government, and local governments during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, around 23 days after the month ends; | Next Release: Nov 20, 2008 | FF Notes: A positive number indicates a budget deficit, a negative number indicates a surplus. This figure includes "financial interventions" - there is also a figure released at the same time which excludes them;
|
2008-10-20T02:31:00+03:30
|
GBP
|
Medium Impact Expected
|
Rightmove HPI m/m
|
1.0%
| null |
-1.0%
|
Source: Rightmove (latest release) | Measures: Change in the asking price of homes for sale; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Nov 17, 2008 | FF Notes: This is the UK's earliest report on housing inflation, but tends to produce a relatively mild impact because asking prices and selling prices are not always correlated; | Why Traders Care: It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity; | Acro Expand: House Price Index (HPI);
|
2008-10-20T04:00:00+03:30
|
AUD
|
High Impact Expected
|
PPI q/q
|
2.0%
|
0.9%
|
1.0%
|
Source: Australian Bureau of 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 quarterly, on the fourth Friday after the quarter ends; | Next Release: Jan 27, 2009 | 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; | Acro Expand: Producer Price Index (PPI);
|
2008-10-20T05:30:00+03:30
|
CNY
|
High Impact Expected
|
GDP q/y
|
9.0%
|
9.7%
|
10.1%
|
Source: National Bureau of Statistics of China (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 18 days after the quarter ends; | Next Release: Jan 22, 2009 | FF Notes: Data represents the quarterly value compared to the same quarter a year earlier. 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 the broadest measure of economic activity and the primary gauge of the economy's health; | Also Called: Real GDP; | Acro Expand: Gross Domestic Product (GDP);
|
2008-10-20T09:30:00+03:30
|
EUR
|
Medium Impact Expected
|
German PPI m/m
|
0.3%
|
-0.5%
|
-0.6%
|
Source: Destatis (latest release) | Measures: Change in the price of goods sold by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Nov 20, 2008 | Why Traders Care: It's a leading indicator of consumer inflation - when manufacturers charge more for goods the higher costs are usually passed on to the consumer; | Acro Expand: Producer Price Index (PPI);
|
2008-10-20T12:00:00+03:30
|
GBP
|
Low Impact Expected
|
M4 Money Supply m/m
|
1.4%
|
0.9%
|
1.5%
|
Source: Bank of England (latest release) | Measures: Change in the total quantity of domestic currency in circulation and deposited in banks; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 30 days after the month ends; | Next Release: Nov 20, 2008 | FF Notes: Source changed series from preliminary/final format to a single release, as of Nov 2010; | Why Traders Care: It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation;
|
2008-10-20T13:30:00+03:30
|
EUR
|
Medium Impact Expected
|
German Buba Monthly Report
| null | null | null |
Source: Bundesbank (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly; | Next Release: Nov 20, 2008 | FF Notes: Market impact tends to be greater when the report reveals a viewpoint that clashes with the ECB's stance; | Why Traders Care: It contains relevant articles, speeches, statistical tables, and provides detailed analysis of current and future economic conditions from the bank's viewpoint; | Acro Expand: Deutsche Bundesbank (Buba);
|
2008-10-20T16:00:00+03:30
|
CAD
|
Medium Impact Expected
|
Foreign Securities Purchases
|
-0.73B
|
1.00B
|
-5.48B
|
Source: Statistics Canada (latest release) | Measures: Total value of domestic stocks, bonds, and money-market assets purchased by foreigners during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Nov 19, 2008 | Why Traders Care: Demand for domestic securities and currency demand are directly linked because foreigners must buy the domestic currency to purchase the nation's securities; | Also Called: International Transactions in Securities;
|
2008-10-20T17:30:00+03:30
|
USD
|
High Impact Expected
|
Fed Chairman Bernanke Testifies
| null | null | null |
Description: Due to testify on the economic outlook and financial markets before the House of Representatives Budget 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: Nov 18, 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);
|
2008-10-20T20:15:00+03:30
|
USD
|
Medium Impact Expected
|
FOMC Member Kroszner Speaks
| null | null | null |
Description: Due to deliver a speech titled "The Importance of the Fundamentals of Risk Management" at the Risk Management Association annual conference, in Baltimore. Audience questions expected; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Randall Kroszner; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Oct 30, 2008 | FF Notes: FOMC voting member Mar 2006 - Jan 2009; | Why Traders Care: Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy;
|
2008-10-21T00:00:00+03:30
|
CAD
|
High Impact Expected
|
Overnight Rate
|
2.25%
|
2.00%
|
2.50%
|
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: Dec 9, 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);
|
2008-10-21T00:00:00+03:30
|
NZD
|
Low Impact Expected
|
FPI m/m
|
0.6%
| null |
2.7%
|
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: Nov 17, 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);
|
2008-10-21T00:00:00+03:30
|
AUD
|
Low Impact Expected
|
New Motor Vehicle Sales m/m
|
0.4%
| null |
-4.0%
|
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the number of new cars and trucks sold domestically; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Nov 19, 2008 | FF Notes: Source discontinued this data in Jan 2018; | Why Traders Care: It's a sign of consumer confidence - rising demand for expensive durable goods shows that consumers are confident in their future financial position and feel comfortable spending money;
|
2008-10-21T01:15:00+03:30
|
NZD
|
High Impact Expected
|
CPI q/q
|
1.5%
|
1.5%
|
1.6%
|
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: Jan 20, 2009 | 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);
|
2008-10-21T04:00:00+03:30
|
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: Nov 18, 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);
|
2008-10-21T05:30:00+03:30
|
NZD
|
Low Impact Expected
|
Credit Card Spending y/y
|
2.6%
| null |
2.6%
|
Source: Reserve Bank of New Zealand (latest release) | Measures: Change in total spending facilitated with a credit card; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 21 days after the month ends; | Next Release: Nov 21, 2008 | Why Traders Care: It's correlated with consumer spending and confidence - rising debt levels are a sign that lenders feel comfortable issuing loans, and that consumers are confident in their financial position and eager to spend money;
|
2008-10-21T05:40:00+03:30
|
AUD
|
High Impact Expected
|
RBA Gov Stevens Speaks
| null | null | null |
Description: Due to deliver a speech titled "Australia, New Zealand and the International Economy" at the Trans-Tasman Business Circle conference, in Sydney; | Source: Reserve Bank of Australia (latest release) | Speaker: RBA Governor Glenn Stevens; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Nov 19, 2008 | FF Notes: RBA Governor Sep 2006 - Sep 2016. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Reserve Bank of Australia (RBA);
|
2008-10-21T07:15:00+03:30
|
JPY
|
Low Impact Expected
|
30-y Bond Auction
|
2.43|3.2
| null |
2.44|3.5
|
Source: Ministry of Finance (latest release) | Measures: Average yield on a 30-year bond the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Variable, about 8 times per year; | Next Release: Jan 20, 2009 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted); | 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: JGB Auction; | Acro Expand: Japanese Government Bond (JGB);
|
2008-10-21T09:45:00+03:30
|
CHF
|
Low Impact Expected
|
Trade Balance
|
1.44B
|
1.20B
|
1.44B
|
Source: Federal Statistical Office (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 22 days after the month ends; | Next Release: Nov 20, 2008 | FF Notes: A positive number indicates that more goods were exported than imported. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers;
|
2008-10-21T13:30:00+03:30
|
GBP
|
Medium Impact Expected
|
CBI Industrial Order Expectations
|
-39
|
-30
|
-26
|
Source: Confederation of British Industry (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Nov 19, 2008 | FF Notes: Above 0 indicates increasing order volume is expected, below indicates expectations are for lower volume; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their expectations can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 250 manufacturers which asks respondents to rate the relative level of order volume expected during the next 3 months; | Also Called: Industrial Trends Survey; | Acro Expand: Confederation of British Industry (CBI);
|
2008-10-21T16:30:00+03:30
|
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: Dec 9, 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);
|
2008-10-21T22:40:00+03:30
|
GBP
|
High Impact Expected
|
BOE Gov King Speaks
| null | null | null |
Description: Due to speak at the Saviles Royal Armouries, in Leeds; | Source: Bank of England (latest release) | Speaker: BOE Governor Mervyn King; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Nov 3, 2008 | FF Notes: BOE Governor Jul 2003 - Jun 2013. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Bank of England (BOE);
|
2008-10-22T00:00:00+03:30
|
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: Dec 3, 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);
|
2008-10-22T00:00:00+03:30
|
AUD
|
Medium Impact Expected
|
Trimmed Mean CPI q/q
|
1.2%
|
1.1%
|
1.2%
|
Source: Reserve Bank of Australia (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding the most volatile 30% of items; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 25 days after the quarter ends; | Next Release: Jan 28, 2009 | FF Notes: Data represents the underlying inflation trend through component weighting and anomaly exclusion; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Acro Expand: Consumer Price Index (CPI);
|
2008-10-22T00:00:00+03:30
|
NZD
|
High Impact Expected
|
RBNZ Press Conference
| null | null | null |
FF Notice: Source is holding this press conference outside the normal quarterly schedule due to the extraordinary economic situation; | 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: Dec 3, 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);
|
2008-10-22T00:00:00+03:30
|
CAD
|
Medium Impact Expected
|
Retail Sales m/m
|
-0.3%
|
0.0%
|
0.1%
|
Source: Statistics Canada (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Nov 25, 2008 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
|
2008-10-22T00:00:00+03:30
|
CAD
|
Low Impact Expected
|
Leading Index m/m
|
-0.2%
|
0.1%
|
0.3%
|
Source: Statistics Canada (latest release) | Measures: Change in the level of a composite index based on 10 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 19 days after the month ends; | Next Release: Nov 19, 2008 | FF Notes: Source discontinued this data in May 2012; | Derived Via: Combined reading of 10 economic indicators related to employment, production, new orders, consumer confidence, housing, stock market prices, money supply, and interest rate spreads; | Also Called: Leading Indicators;
|
2008-10-22T01:15:00+03:30
|
NZD
|
Low Impact Expected
|
Visitor Arrivals m/m
|
-6.0%
| null |
-0.7%
|
Source: Statistics New Zealand (latest release) | Measures: Change in the number of short-term overseas visitors who arrived in the country; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Nov 21, 2008 | Why Traders Care: Tourism plays an important role in the economy - about 7% of the population is employed by the tourism industry, and a sizable portion of the nation's GDP is indirectly related to tourism; | Also Called: International Travel and Migration;
|
2008-10-22T03:00:00+03:30
|
USD
|
Low Impact Expected
|
Treasury Sec Paulson Speaks
| null | null | null |
Description: Due to speak about China and the global economy at the National Committee on US-China Relations Annual Gala, in New York; | Source: US Department of the Treasury (latest release) | Speaker: US Treasury Secretary Henry Paulson; | Next Release: Nov 12, 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;
|
2008-10-22T03:15:00+03:30
|
USD
|
Medium Impact Expected
|
FOMC Member Stern Speaks
| null | null | null |
Description: Due to speak at the Bay area economic club, in Escanaba. Audience questions expected; | Source: Federal Reserve Bank of Minneapolis (latest release) | Speaker: Federal Reserve Bank of Minneapolis President Gary Stern; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Nov 12, 2008 | FF Notes: FOMC voting member 2005 and 2008; | 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; | Acro Expand: Federal Open Market Committee (FOMC);
|
2008-10-22T03:20:00+03:30
|
JPY
|
Low Impact Expected
|
All Industries Activity m/m
|
-1.8%
|
-1.6%
|
0.8%
|
Source: METI (latest release) | Measures: Change in the total value of goods and services purchased by businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Nov 19, 2008 | FF Notes: Source discontinued this data in Sep 2020; | Why Traders Care: It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their spending can be an early signal of future economic activity such as hiring, earnings, and investment;
|
2008-10-22T04:00:00+03:30
|
AUD
|
High Impact Expected
|
CPI q/q
|
1.2%
|
1.0%
|
1.5%
|
Source: Australian Bureau of 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 quarterly, about 25 days after the quarter ends; | Next Release: Jan 28, 2009 | FF Notes: Although this data is extremely late relative to inflation data from other countries, 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);
|
2008-10-22T11:30:00+03:30
|
EUR
|
Low Impact Expected
|
Italian Retail Sales m/m
|
-0.5%
|
0.1%
|
0.6%
|
Source: Istat (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Nov 21, 2008 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
|
2008-10-22T12:00:00+03:30
|
GBP
|
High Impact Expected
|
MPC Official Bank Rate Votes
|
0-9-0
|
0-9-0
|
0-1-8
|
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly; | Next Release: Nov 19, 2008 | FF Notes: The vote is reported in an 'X-X-X' format - the first number is how many MPC members voted to increase interest rates, the second number is how many voted to decrease rates, and the third is how many voted to hold rates; | Why Traders Care: The BOE's MPC meeting minutes contain the interest rate vote for each MPC member during the most recent meeting. The breakdown of votes provides insight into which members are changing their stance on interest rates and how close the committee is to enacting a rate change in the future; | Acro Expand: Monetary Policy Committee (MPC);
|
2008-10-22T16:00:00+03:30
|
CAD
|
High Impact Expected
|
Core Retail Sales m/m
|
-0.3%
|
0.3%
|
0.4%
|
Source: Statistics Canada (latest release) | Measures: Change in the total value of sales at the retail level, excluding automobiles; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Nov 25, 2008 | FF Notes: Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends; | Also Called: Retail Sales Ex Autos;
|
2008-10-22T18:05:00+03:30
|
USD
|
Medium Impact Expected
|
Crude Oil Inventories
|
3.2M
|
2.3M
|
5.6M
|
Source: Energy Information Administration (latest release) | Measures: Change in the number of barrels of crude oil held in inventory by commercial firms during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, 4 days after the week ends; | Next Release: Oct 29, 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);
|
2008-10-22T23:30:00+03:30
|
NZD
|
High Impact Expected
|
Official Cash Rate
|
6.50%
|
6.50%
|
7.50%
|
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: Dec 3, 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);
|
2008-10-23T00:00:00+03:30
|
USD
|
Low Impact Expected
|
HPI m/m
|
-0.6%
|
-0.5%
|
-0.8%
|
Source: FHFA (latest release) | Measures: Change in the purchase price of homes with mortgages backed by Fannie Mae and Freddie Mac; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 60 days after the month ends; | Next Release: Nov 25, 2008 | FF Notes: Source began m/m frequency in Mar 2008; | Why Traders Care: It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity; | Acro Expand: House Price Index (HPI);
|
2008-10-23T00:00:00+03:30
|
GBP
|
Medium Impact Expected
|
High Street Lending
|
23.4K
|
20.5K
|
21.3K
|
Source: UK Finance (latest release) | Measures: Number of new mortgages approved for home purchase by High Street banks during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 24 days after the month ends; | Next Release: Nov 25, 2008 | FF Notes: Source discontinued this data in Jan 2020; | Why Traders Care: It's a leading indicator of housing market demand – most home purchases are financed with a mortgage, so it provides an excellent gauge of how many qualified buyers are entering the market; | Also Called: Gross Mortgage Approvals;
|
2008-10-23T03:20:00+03:30
|
JPY
|
Low Impact Expected
|
Trade Balance
|
-0.03T
|
0.14T
|
-0.16T
|
Source: Ministry of Finance (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Nov 20, 2008 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: Adjusted Merchandise Trade Balance;
|
2008-10-23T10:15:00+03:30
|
EUR
|
Medium Impact Expected
|
French Consumer Spending m/m
|
0.6%
|
-0.1%
|
-0.2%
|
Source: INSEE (latest release) | Measures: Change in the inflation-adjusted value of all goods expenditures by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 27 days after the month ends; | Next Release: Nov 21, 2008 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
|
2008-10-23T11:30:00+03:30
|
EUR
|
Medium Impact Expected
|
Current Account
|
-8.4B
|
-5.0B
|
-1.8B
|
Source: European Central Bank (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Nov 24, 2008 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. The goods portion has no impact because it's a duplicate of the Trade Balance data released about a week earlier; | Why Traders Care: It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the region;
|
2008-10-23T12:00:00+03:30
|
GBP
|
High Impact Expected
|
Retail Sales m/m
|
-0.4%
|
-0.8%
|
1.1%
|
Source: Office for National Statistics (latest release) | Measures: Change in the total value of inflation-adjusted sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Nov 20, 2008 | FF Notes: Source changed series calculation formula as of Feb 2010; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Sales Volume, All Retailers sales;
|
2008-10-23T12:30:00+03:30
|
EUR
|
Medium Impact Expected
|
Industrial New Orders m/m
|
-1.2%
|
0.3%
|
2.0%
|
Source: Eurostat (latest release) | Measures: Change in the total value of new purchase orders placed with manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 55 days after the month ends; | Next Release: Nov 24, 2008 | FF Notes: Source discontinued this data in May 2012; | Why Traders Care: It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders;
|
2008-10-23T13:11:00+03:30
|
GBP
|
Low Impact Expected
|
10-y Bond Auction
|
4.47|2.0
| null |
4.73|2.2
|
Source: Debt Management Office (latest release) | Measures: Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Variable, about 11 times per year; | Next Release: Nov 20, 2008 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted). Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: Gilt Auction, Treasury Auction;
|
2008-10-23T16:00:00+03:30
|
USD
|
High Impact Expected
|
Unemployment Claims
|
478K
|
470K
|
463K
|
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: Oct 30, 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;
|
2008-10-23T16:30:00+03:30
|
EUR
|
Medium Impact Expected
|
Belgian NBB Business Climate
|
-14.8
|
-16.0
|
-14.4
|
Source: National Bank of Belgium (latest release) | Measures: Level of a composite index based on surveyed manufacturers, builders, services, and trade-related firms; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Nov 24, 2008 | FF Notes: Above 0.0 indicates improving conditions, below indicates worsening conditions. This survey is highly respected due to its source and large sample size. Source changed series calculation formula as of April 2009; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 3,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the next 3 months; | Also Called: Business Confidence Gross Synthetic Curve; | Acro Expand: National Bank of Belgium (NBB);
|
2008-10-23T17:30:00+03:30
|
USD
|
Medium Impact Expected
|
FOMC Member Duke Speaks
| null | null | null |
Description: Due to testify about Foreclosure prevention efforts and market stability before the House of Representatives Banking, Housing and Urban Affairs Committee, in Washington DC; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Elizabeth Duke; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Feb 11, 2009 | FF Notes: FOMC voting member Aug 2008 - Aug 2013; | 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;
|
2008-10-23T18:00:00+03:30
|
CAD
|
High Impact Expected
|
BOC Monetary Policy Report
| null | null | null |
Source: Bank of Canada (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released quarterly; | Next Release: Jan 22, 2009 | FF Notes: The BOC Governor usually holds a press conference to discuss the contents of this report about 75 minutes after 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: Bank of Canada (BOC);
|
2008-10-23T18:05:00+03:30
|
USD
|
Low Impact Expected
|
Natural Gas Storage
|
70B
|
76B
|
79B
|
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: Oct 30, 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);
|
2008-10-23T18:45:00+03:30
|
CAD
|
High Impact Expected
|
BOC Press Conference
| null | null | null |
Source: Bank of Canada (latest release) | Speaker: BOC Governor and Senior Deputy Governor; | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: Jan 22, 2009 | FF Notes: The press conference has 2 parts - first a prepared statement is read, then the conference is open to press questions. The questions often lead to unscripted answers that create heavy market volatility. The press conference is webcasted on the BOC website; | Why Traders Care: It's among the primary method the BOC uses to communicate with investors regarding 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; | Acro Expand: Bank of Canada (BOC);
|
2008-10-24T00:00:00+03:30
|
EUR
|
Low Impact Expected
|
French Flash Services PMI
|
48.8
|
48.9
|
50.1
|
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Nov 21, 2008 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 750 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
|
2008-10-24T00:00:00+03:30
|
EUR
|
Medium Impact Expected
|
German Flash Services PMI
|
49.7
|
49.0
|
50.2
|
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Nov 21, 2008 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 800 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
|
2008-10-24T00:00:00+03:30
|
EUR
|
Medium Impact Expected
|
Flash Services PMI
|
46.9
|
47.0
|
48.4
|
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Nov 21, 2008 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Jun 2007, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 5,000 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
|
2008-10-24T00:00:00+03:30
|
GBP
|
Low Impact Expected
|
Index of Services 3m/3m
|
-0.3%
|
-0.1%
|
-0.1%
|
Source: Office for National Statistics (latest release) | Measures: Change in the total GVA of the private and government services sectors; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Nov 26, 2008 | FF Notes: GVA is the difference between the value of a service provided and the value of the goods and services used to provide the service; | Acro Expand: Gross Value Added (GVA);
|
2008-10-24T00:00:00+03:30
|
EUR
|
Low Impact Expected
|
Spanish Unemployment Rate
|
11.3%
|
11.5%
|
10.4%
|
Source: National Statistics Institute (latest release) | Measures: Percentage of total work force that is unemployed and actively seeking employment during the previous quarter; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released quarterly, about 30 days after the quarter ends; | Next Release: Jan 23, 2009 | 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;
|
2008-10-24T00:00:00+03:30
|
CAD
|
Medium Impact Expected
|
CPI m/m
|
0.1%
|
-0.1%
|
-0.2%
|
Source: Statistics Canada (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the third Tuesday after the month ends; | Next Release: Nov 21, 2008 | FF Notes: This is the most important inflation-related release due to its earliness and broad scope. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Derived Via: The average price of various goods and services are sampled and then compared to the previous sampling; | Also Called: All Items CPI; | Acro Expand: Consumer Price Index (CPI);
|
2008-10-24T09:30:00+03:30
|
EUR
|
Low Impact Expected
|
German Import Prices m/m
|
-1.0%
|
-0.8%
|
-0.8%
|
Source: Destatis (latest release) | Measures: Change in the price of imported goods purchased domestically; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 26 days after the month ends; | Next Release: Nov 26, 2008 | Why Traders Care: It contributes to inflation for businesses and consumers, especially those who rely heavily on imported goods; | Also Called: Import Price Index;
|
2008-10-24T10:30:00+03:30
|
EUR
|
Medium Impact Expected
|
French Flash Manufacturing PMI
|
40.8
|
42.3
|
43.0
|
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Nov 21, 2008 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 750 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
|
2008-10-24T11:00:00+03:30
|
EUR
|
High Impact Expected
|
German Flash Manufacturing PMI
|
43.3
|
46.0
|
47.4
|
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Nov 21, 2008 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 800 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
|
2008-10-24T11:30:00+03:30
|
EUR
|
Medium Impact Expected
|
Flash Manufacturing PMI
|
41.3
|
44.0
|
45.0
|
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Nov 21, 2008 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Jun 2007, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 5,000 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
|
2008-10-24T12:00:00+03:30
|
GBP
|
High Impact Expected
|
Prelim GDP q/q
|
-0.5%
|
-0.2%
|
0.0%
|
Source: Office for National Statistics (latest release) | Measures: Change in the inflation-adjusted value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 40 days after the quarter ends; | Next Release: Jan 23, 2009 | FF Notes: There are 2 versions of quarterly GDP released about 45 days apart – Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact; | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Also Called: GDP First Estimate; | Acro Expand: Gross Domestic Product (GDP);
|
2008-10-24T14:30:00+03:30
|
CAD
|
High Impact Expected
|
Core CPI m/m
|
0.4%
|
0.3%
|
0.3%
|
Source: Statistics Canada (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding the 8 most volatile items; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the third Tuesday after the month ends; | Next Release: Nov 21, 2008 | FF Notes: Volatile items account for about a quarter of CPI but they tend to be very volatile and distort the underlying trend. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Also Called: CPI Ex Volatile Items; | Acro Expand: Consumer Price Index (CPI);
|
2008-10-24T17:30:00+03:30
|
USD
|
High Impact Expected
|
Existing Home Sales
|
5.18M
|
4.93M
|
4.91M
|
Source: National Association of Realtors (latest release) | Measures: Annualized number of residential buildings that were sold during the previous month, excluding new construction; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Nov 24, 2008 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12); | Why Traders Care: It's a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction; | Also Called: Home Resales;
|
2008-10-24T23:59:59+03:30
|
All
|
Low Impact Expected
|
OPEC Meetings
| null | null | null |
Source: OPEC (latest release) | Frequency: Twice per year; | Next Release: Dec 17, 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);
|
2008-10-26T00:00:00+03:30
|
EUR
|
Non-Economic
|
Daylight Saving Time Shift
| null | null | null |
Description: Most European countries exit DST and clocks are moved backward by 1 hour; | Frequency: Twice per year; | Next Release: Mar 29, 2009 | Acro Expand: Daylight Saving Time (DST);
|
2008-10-26T00:00:00+03:30
|
GBP
|
Non-Economic
|
Daylight Saving Time Shift
| null | null | null |
Description: The UK exists DST and clocks are moved backward by 1 hour; | Frequency: Twice per year; | Next Release: Mar 29, 2009 | Acro Expand: Daylight Saving Time (DST);
|
2008-10-26T05:30:00+03:30
|
CHF
|
Non-Economic
|
Daylight Saving Time Shift
| null | null | null |
Description: Switzerland exits DST and clocks are moved backward by 1 hour; | Frequency: Twice per year; | Next Release: Mar 29, 2009 | Acro Expand: Daylight Saving Time (DST);
|
2008-10-26T23:59:59+03:30
|
NZD
|
Non-Economic
|
Bank Holiday
| null | null | null |
Description: New Zealand banks will be closed in observance of Labor Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Dec 24, 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;
|
2008-10-27T00:00:00+03:30
|
EUR
|
Low Impact Expected
|
Private Loans y/y
|
8.5%
|
8.4%
|
8.8%
|
Source: European Central Bank (latest release) | Measures: Change in the total value of new loans issued to consumers and businesses in the private sector; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 28 days after the month ends; | Next Release: Nov 27, 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;
|
2008-10-27T00:00:00+03:30
|
EUR
|
Low Impact Expected
|
M3 Money Supply y/y
|
8.6%
|
8.5%
|
8.8%
|
Source: European Central Bank (latest release) | Measures: Change in the total quantity of domestic currency in circulation and deposited in banks; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 28 days after the month ends; | Next Release: Nov 27, 2008 | FF Notes: Source changed series calculation formula as of May 2001; | Why Traders Care: It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation;
|
2008-10-27T03:20:00+03:30
|
JPY
|
Low Impact Expected
|
SPPI y/y
|
0.1%
|
1.2%
|
1.4%
|
Source: Bank of Japan (latest release) | Measures: Change in the price of services purchased by corporations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 25 days after the month ends; | Next Release: Nov 25, 2008 | Why Traders Care: It's a leading indicator of consumer inflation - when corporations pay more for services the higher costs are usually passed on to the consumer; | Also Called: CSPI; | Acro Expand: Services Producer Price Index (SPPI), Corporate Services Price Index (CSPI);
|
2008-10-27T12:30:00+03:30
|
EUR
|
High Impact Expected
|
German ifo Business Climate
|
90.2
|
91.2
|
92.9
|
Source: ifo Institute (latest release) | Measures: Level of a composite index based on surveyed manufacturers, builders, wholesalers, services, and retailers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Nov 24, 2008 | FF Notes: This survey is highly respected due to its large sample size and historic correlation with German and wider Eurozone economic conditions. It tends to create a hefty market impact upon release. Source changed series from a base year of 2000 to a base year of 2005, as of May 2011, and changed series to include services, as of Apr 2018; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 9,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the next 6 months; | Acro Expand: Information and Forschung (ifo);
|
2008-10-27T17:25:00+03:30
|
EUR
|
Medium Impact Expected
|
ECB President Trichet Speaks
| null | null | null |
Description: Due to speak at the Perspectivas KPMG forum, in Madrid; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Nov 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);
|
2008-10-27T17:30:00+03:30
|
USD
|
High Impact Expected
|
New Home Sales
|
464K
|
452K
|
452K
|
Source: Census Bureau (latest release) | Measures: Annualized number of new single-family homes that were sold during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the 17th business day after the month ends; | Next Release: Nov 26, 2008 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12); | Why Traders Care: It's a leading indicator of economic health because the sale of a new home triggers a wide-reaching ripple effect. For example, furniture and appliances are purchased for the home, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction; | Also Called: New Residential Sales;
|
2008-10-28T03:20:00+03:30
|
JPY
|
Medium Impact Expected
|
Retail Sales y/y
|
-0.4%
|
0.0%
|
0.7%
|
Source: METI (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 27 days after the month ends; | Next Release: Nov 28, 2008 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Retail Trade;
|
2008-10-28T03:31:00+03:30
|
GBP
|
Medium Impact Expected
|
BOE Financial Stability Report
| null | null | null |
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Twice per year; | Next Release: Jun 26, 2009 | Why Traders Care: It's an assessment of conditions in the financial system and potential risks to financial stability - the evidence on strains and imbalances can provide insight into the future of monetary policy; | Acro Expand: Bank of England (BOE);
|
2008-10-28T04:00:00+03:30
|
AUD
|
Medium Impact Expected
|
NAB Quarterly Business Confidence
|
-7
| null |
-8
|
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 quarterly, about 20 days after the quarter ends; | Next Release: Feb 12, 2009 | 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 1,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the near and medium-term future; | Acro Expand: National Australia Bank (NAB);
|
2008-10-28T10:30:00+03:30
|
EUR
|
Medium Impact Expected
|
German GfK Consumer Climate
|
1.9
|
1.5
|
1.8
|
Source: NIQ (latest release) | Measures: Level of a composite index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the end of the current month; | Next Release: Nov 25, 2008 | FF Notes: Above 0 indicates optimism, below indicates pessimism; | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 2,000 consumers which asks respondents to rate the relative level of past and future economic conditions, including personal financial situation, climate for major purchases, and overall economic situation; | Also Called: Consumer Sentiment;
|
2008-10-28T12:30:00+03:30
|
CHF
|
Medium Impact Expected
|
UBS Consumption Indicator
|
1.67
| null |
1.58
|
Source: UBS AG (latest release) | Measures: Level of a composite index based on 5 consumer-based economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 27 days after the month ends; | Next Release: Nov 25, 2008 | FF Notes: Source discontinued this data in Jan 2018; | Derived Via: Combined reading of 5 economic indicators including consumer confidence, consumer spending, tourism, new car sales, and retail activity;
|
2008-10-28T13:30:00+03:30
|
GBP
|
Medium Impact Expected
|
MPC Member Gieve Speaks
| null | null | null |
Description: Due to speak at the British Bankers' Association, in London; | Source: Bank of England (latest release) | Speaker: BOE Deputy Governor Sir John Gieve; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Nov 19, 2008 | FF Notes: MPC voting member Jan 2006 - Feb 2009; | Why Traders Care: BOE MPC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Bank of England (BOE), Monetary Policy Committee (MPC);
|
2008-10-28T14:30:00+03:30
|
GBP
|
High Impact Expected
|
CBI Realized Sales
|
-27
|
-35
|
-27
|
Source: Confederation of British Industry (latest release) | Measures: Level of a diffusion index based on surveyed retailers and wholesalers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the end of the current month; | Next Release: Nov 28, 2008 | FF Notes: Above 0 indicates higher sales volume, below indicates lower. Source changed series calculation formula as of July 2009; | Why Traders Care: It's a leading indicator of consumer spending because retailer and wholesaler sales are directly influenced by consumer buying levels; | Derived Via: Survey of about 125 retail and wholesale companies which asks respondents to rate the relative level of current sales volume; | Also Called: Distributive Trades Survey; | Acro Expand: Confederation of British Industry (CBI);
|
2008-10-28T16:30:00+03:30
|
USD
|
Low Impact Expected
|
S&P/CS Composite-20 HPI y/y
|
-16.6%
|
-16.6%
|
-16.3%
|
Source: Standard & Poor's (latest release) | Measures: Change in the selling price of single-family homes in 20 metropolitan areas; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 60 days after the month ends; | Next Release: Nov 25, 2008 | FF Notes: This is one of the few non-seasonally adjusted numbers reported on the calendar, as it's the primary calculation for this indicator; | Why Traders Care: It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity; | Also Called: S&P Corelogic CS Indices; | Acro Expand: Standard & Poor's (S&P), Case-Shiller (CS), House Price Index (HPI);
|
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