Datasets:
Ehsanrs2
/
Forex_Factory_Calendar

Dataset card Data Studio Files
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Community
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DateTime
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2007-01-01 04:30:00+0330
2025-04-07 21:30:00+0330
Currency
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10 values
Impact
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4 values
Event
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593 values
Actual
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1
9
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Forecast
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8
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Detail
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2008-11-11T23:30:00+03:30
NZD
High Impact Expected
RBNZ Financial Stability Report
null
null
null
Source: Reserve Bank of New Zealand (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Twice per year; | Next Release: May 13, 2009 | FF Notes: A media conference is usually held 120 minutes after release time and is webcasted from the RBNZ website; | Why Traders Care: It provides insights into the bank's view of inflation, growth, and other economic conditions that will affect interest rates in the future; | Acro Expand: Reserve Bank of New Zealand (RBNZ);
2008-11-11T23:59:59+03:30
CAD
Non-Economic
Bank Holiday
null
null
null
Description: Canadian banks will be closed in observance of Remembrance Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Dec 25, 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;
2008-11-11T23:59:59+03:30
USD
Non-Economic
Bank Holiday
null
null
null
Description: US banks will be closed in observance of Veterans Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Nov 27, 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;
2008-11-11T23:59:59+03:30
EUR
Non-Economic
French Bank Holiday
null
null
null
Description: French banks will be closed in observance of Armistice Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Dec 25, 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;
2008-11-12T00:00:00+03:30
CNY
Low Impact Expected
M2 Money Supply y/y
15.0%
15.3%
15.3%
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: Dec 15, 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;
2008-11-12T00:00:00+03:30
GBP
Low Impact Expected
Unemployment Rate
5.8%
5.8%
5.7%
Source: Office for National Statistics (latest release) | Measures: Percentage of total work force that is unemployed and actively seeking employment during the past 3 months; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 17, 2008 | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy; | Also Called: ILO Unemployment Rate, Jobless Rate;
2008-11-12T00:00:00+03:30
CNY
Low Impact Expected
Retail Sales y/y
22.0%
21.6%
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: Dec 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;
2008-11-12T00:00:00+03:30
GBP
Medium Impact Expected
Average Earnings Index 3m/y
3.3%
3.3%
3.4%
Source: Office for National Statistics (latest release) | Measures: Change in the price businesses and the government pay for labor, including bonuses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 17, 2008 | FF Notes: Data represents the 3-month moving average compared to the same period a year earlier. A figure that excludes bonuses is also released, but not included for lack of significance. Source changed series calculation formula as of Jan 2010; | Why Traders Care: It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer; | Also Called: Average Earnings Including Bonuses;
2008-11-12T00:00:00+03:30
USD
Medium Impact Expected
FOMC Member Stern Speaks
null
null
null
Description: Due to speak at the Minnesota Women's Economic Roundtable, in Minneapolis. 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 13, 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);
2008-11-12T00:00:00+03:30
USD
Medium Impact Expected
10-y Bond Auction
3.78|2.2
null
3.79|2.3
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: Dec 11, 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;
2008-11-12T00:00:00+03:30
GBP
High Impact Expected
BOE Monetary Policy Report
null
null
null
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released quarterly; | Next Release: Feb 11, 2009 | FF Notes: Report provides the BOE's projection for inflation and economic growth over the next 2 years. The BOE Governor also holds a press conference to discuss the report's contents after release. In Nov 2019 source changed report name from Inflation Report to Monetary Policy Report; | 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 England (BOE);
2008-11-12T03:00:00+03:30
AUD
Medium Impact Expected
Westpac Consumer Sentiment
4.3%
null
-11.0%
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: Dec 10, 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;
2008-11-12T04:00:00+03:30
AUD
Medium Impact Expected
Wage Price Index q/q
0.9%
1.0%
1.1%
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the price businesses and the government pay for labor, excluding bonuses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 45 days after the quarter ends; | Next Release: Feb 25, 2009 | FF Notes: Source changed series calculation formula as of November 2003; | Why Traders Care: It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer; | Also Called: Wage Cost Index, Labour Price Index;
2008-11-12T05:18:00+03:30
CNY
Low Impact Expected
Foreign Direct Investment ytd/y
35.1%
null
39.9%
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: Dec 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);
2008-11-12T05:30:00+03:30
CNY
Medium Impact Expected
New Loans
182B
null
375B
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: Dec 15, 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;
2008-11-12T08:30:00+03:30
JPY
Low Impact Expected
Consumer Confidence
29.4
30.1
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: Dec 12, 2008 | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 8,400 households which asks respondents to rate the relative level of economic conditions including overall livelihood, income growth, employment, and climate for major purchases; | Also Called: Consumer Mood, Household Confidence;
2008-11-12T13:00:00+03:30
GBP
High Impact Expected
Claimant Count Change
36.5K
40.0K
36.3K
Source: Office for National Statistics (latest release) | Measures: Change in the number of people claiming unemployment-related benefits during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Dec 17, 2008 | FF Notes: It's the first indication of the employment situation, released a month earlier than the Unemployment Rate. Source changed series calculation formula as of Jun 2015; | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy; | Also Called: Jobless Claims, Unemployment Change;
2008-11-12T13:30:00+03:30
EUR
Medium Impact Expected
Industrial Production m/m
-1.6%
-1.5%
0.8%
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: Dec 12, 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;
2008-11-12T13:39:00+03:30
EUR
Low Impact Expected
German 10-y Bond Auction
3.74|1.3
null
4.24|1.8
Source: Bundesbank (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: Jan 7, 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). 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: Bund Auction;
2008-11-12T14:00:00+03:30
GBP
High Impact Expected
BOE Gov King Speaks
null
null
null
Description: Due to hold a press conference, along with other MPC members, about the Inflation Report, in London; | Source: Bank of England (latest release) | Speaker: BOE Governor Mervyn King; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 20, 2009 | 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);
2008-11-12T19:00:00+03:30
USD
Medium Impact Expected
Treasury Sec Paulson Speaks
null
null
null
Description: Due to speak about the Troubled Asset Relief Program (TARP), in Washington DC; | Source: US Department of the Treasury (latest release) | Speaker: US Treasury Secretary Henry Paulson; | Next Release: Nov 18, 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;
2008-11-12T19:30:00+03:30
USD
Medium Impact Expected
FOMC Member Kohn Speaks
null
null
null
Description: Due to deliver a speech titled "Productivity and Innovation in Financial Services," in Luxembourg. 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: Nov 19, 2008 | FF Notes: FOMC voting member Aug 2002 - Sep 2010; | Why Traders Care: Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy;
2008-11-12T21:30:00+03:30
EUR
Medium Impact Expected
ECB President Trichet Speaks
null
null
null
Description: Due to speak at the Productivity and Innovation in Financial Services event marking the 10th Anniversary of the Luxembourg Central Bank, in Luxembourg; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Nov 13, 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);
2008-11-12T23:55:00+03:30
NZD
Low Impact Expected
BusinessNZ Manufacturing Index
43.5
null
46.7
FF Notice: Source released data 65 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: Dec 11, 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;
2008-11-13T00:00:00+03:30
NZD
Low Impact Expected
Retail Sales q/q
-0.9%
-1.1%
-1.5%
Source: Statistics New Zealand (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 Quarterly, about 55 days after the quarter ends; | Next Release: Feb 13, 2009 | FF Notes: Although this data is extremely late relative to retail data from other countries, it's the primary gauge of consumer spending and tends to create hefty market impacts; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2008-11-13T00:00:00+03:30
USD
Medium Impact Expected
FOMC Member Stern Speaks
null
null
null
Description: Due to speak at a community luncheon at the Winona State University, in Winona. 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; | 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);
2008-11-13T00:00:00+03:30
NZD
Low Impact Expected
Core Retail Sales q/q
-0.2%
null
-0.6%
Source: Statistics New Zealand (latest release) | Measures: Change in the total volume 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 Quarterly, about 55 days after the quarter ends; | Next Release: Feb 13, 2009 | FF Notes: Automobile and gas station sales account for about 20% of Retail Sales, but they tend to be 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;
2008-11-13T00:00:00+03:30
NZD
High Impact Expected
Retail Sales m/m
0.1%
0.4%
0.4%
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: Dec 12, 2008 | FF Notes: Source discontinued this data in Feb 2011;
2008-11-13T00:00:00+03:30
USD
High Impact Expected
Trade Balance
-56.5B
-56.5B
-59.1B
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: Dec 11, 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;
2008-11-13T00:00:00+03:30
USD
Medium Impact Expected
Unemployment Claims
516K
483K
484K
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: Nov 20, 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;
2008-11-13T01:15:00+03:30
NZD
High Impact Expected
Core Retail Sales m/m
-0.5%
0.4%
0.7%
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: Dec 12, 2008 | FF Notes: Source discontinued this data in Feb 2011; | Also Called: Retail Sales Ex Autos;
2008-11-13T03:20:00+03:30
JPY
Low Impact Expected
PPI y/y
4.8%
5.5%
6.8%
Source: Bank of Japan (latest release) | Measures: Change in the price of goods sold by corporations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 12 days after the month ends; | Next Release: Dec 10, 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);
2008-11-13T03:30:00+03:30
AUD
Low Impact Expected
MI Inflation Expectations
3.3%
null
4.4%
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: Dec 11, 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);
2008-11-13T05:30:00+03:30
CNY
High Impact Expected
Industrial Production y/y
8.2%
11.0%
11.4%
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: Dec 15, 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;
2008-11-13T08:00:00+03:30
JPY
Low Impact Expected
Revised Industrial Production m/m
1.1%
1.2%
1.2%
Source: METI (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 12, 2008 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this indicator released about 15 days apart - Preliminary and Revised. The Preliminary release is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings;
2008-11-13T10:30:00+03:30
EUR
High Impact Expected
German Prelim GDP q/q
-0.5%
-0.2%
-0.4%
Source: Destatis (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 45 days after the quarter ends; | Next Release: Feb 13, 2009 | FF Notes: There are 2 versions of GDP released about 10 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: First Release GDP, Preliminary GDP; | Acro Expand: Gross Domestic Product (GDP);
2008-11-13T11:15:00+03:30
EUR
Low Impact Expected
French Final CPI m/m
-0.1%
-0.1%
-0.1%
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: 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 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);
2008-11-13T11:45:00+03:30
CHF
Medium Impact Expected
PPI m/m
-0.6%
-0.5%
-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: Dec 15, 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);
2008-11-13T12:30:00+03:30
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: Dec 11, 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);
2008-11-13T13:30:00+03:30
CHF
Medium Impact Expected
UBS Economic Expectations
-88.5
null
-91.1
Source: UBS AG (latest release) | Measures: Level of a diffusion index based on surveyed institutional investors and analysts; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around about 26 days after the month ends; | Next Release: Dec 10, 2008 | FF Notes: Above 0.0 indicates optimism, below indicates pessimism; | Why Traders Care: It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity; | Derived Via: Survey of about 30 institutional investors and analysts which asks respondents to rate the relative 6-month economic outlook for Switzerland; | Also Called: CFA/UBS Economic Expectations; | Acro Expand: Union Bank of Switzerland (UBS), Chartered Financial Analysts (CFA);
2008-11-13T17:00:00+03:30
CAD
High Impact Expected
Trade Balance
4.5B
5.1B
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: Dec 11, 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;
2008-11-13T17:30:00+03:30
EUR
Medium Impact Expected
German Buba President Weber Speaks
null
null
null
Description: Due to speak about financial integration at the 5th ECB Central Banking Conference on "The Euro at Ten: Lessons and Challenges," in Frankfurt; | Source: Bundesbank (latest release) | Speaker: Deutsche Bundesbank President Axel Weber; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Nov 21, 2008 | FF Notes: Deutsche Bundesbank President and voting member of the ECB Governing Council Apr 2004 - Apr 2011. He's believed to be one of the most influential members of the council; | Why Traders Care: ECB Governing Council members vote on where to set the Eurozone's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Deutsche Bundesbank (Buba), European Central Bank (ECB);
2008-11-13T18:30:00+03:30
USD
Low Impact Expected
JOLTS Job Openings
3.25M
null
3.38M
Source: Bureau of Labor Statistics (latest release) | Measures: Number of job openings during the reported month, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Dec 9, 2008 | FF Notes: It's released late, but can impact the market because job openings are a leading indicator of overall employment; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Acro Expand: Job Openings and Labor Turnover Survey (JOLTS);
2008-11-13T19:30:00+03:30
USD
Medium Impact Expected
Crude Oil Inventories
0.0M
1.0M
0.0M
Source: Energy Information Administration (latest release) | Measures: Change in the number of barrels of crude oil held in inventory by commercial firms during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, 4 days after the week ends; | Next Release: Nov 19, 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);
2008-11-13T21:00:00+03:30
USD
Medium Impact Expected
FOMC Member Plosser Speaks
null
null
null
FF Notice: Speech text will be released 90 minutes prior to speech delivery; | Description: Due to deliver a speech titled "Regulatory Reform and the Economy" at the Economic Club, in Pittsburgh. Audience questions expected; | Source: Federal Reserve Bank of Philadelphia (latest release) | Speaker: Federal Reserve Bank of Philadelphia President Charles Plosser; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Nov 21, 2008 | FF Notes: FOMC voting member 2008, 2011, and 2014; | 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;
2008-11-13T21:30:00+03:30
USD
Low Impact Expected
30-y Bond Auction
4.31|2.1
null
4.61|2.4
Source: Treasury Direct (latest release) | Measures: Highest 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: Conducted monthly; | Next Release: Feb 12, 2009 | 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;
2008-11-13T22:00:00+03:30
EUR
Medium Impact Expected
ECB President Trichet Speaks
null
null
null
Description: Due to speak at the 5th ECB Central Banking Conference "The euro at ten: Lessons and Challenges" Dinner, in Frankfurt; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Nov 14, 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);
2008-11-13T22:25:00+03:30
USD
Low Impact Expected
President Bush Speaks
null
null
null
Description: Due to speak about financial markets and global economy, at New York; | Source: White House (latest release) | Speaker: US President George W. Bush; | Next Release: Nov 24, 2008 | FF Notes: US President Jan 2000 - Jan 2009. He speaks frequently on a broad range of subjects - only speeches that might have direct market impact are listed on the calendar;
2008-11-13T22:30:00+03:30
USD
Medium Impact Expected
Federal Budget Balance
-237.2B
-99.0B
45.7B
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: Dec 10, 2008 | FF Notes: A positive number indicates a budget surplus, a negative number indicates a deficit; | Also Called: Monthly Treasury Statement, Treasury Budget;
2008-11-14T00:00:00+03:30
EUR
Medium Impact Expected
Flash GDP q/q
-0.2%
-0.2%
-0.2%
Source: Eurostat (latest release) | Measures: Change in the inflation-adjusted value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 45 days after the quarter ends; | Next Release: Feb 13, 2009 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary Flash release and therefore the 'History' data will appear unconnected. There are 3 versions of GDP released about 20 days apart Preliminary Flash, Flash, and Revised. The Preliminary Flash release is the earliest and thus tends to have the most impact. | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Also Called: GDP Second Estimate; | Acro Expand: Gross Domestic Product (GDP);
2008-11-14T00:00:00+03:30
USD
High Impact Expected
Core Retail Sales m/m
-2.2%
-1.1%
-0.5%
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: Dec 12, 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;
2008-11-14T00:00:00+03:30
CAD
Low Impact Expected
New Motor Vehicle Sales m/m
2.5%
0.9%
-2.3%
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: Dec 12, 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;
2008-11-14T00:00:00+03:30
USD
Low Impact Expected
Prelim UoM Inflation Expectations
2.9%
null
3.9%
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: Dec 12, 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);
2008-11-14T00:00:00+03:30
USD
Medium Impact Expected
Business Inventories m/m
-0.2%
0.1%
0.2%
Source: Census Bureau (latest release) | Measures: Change in the total value of goods held in inventory by manufacturers, wholesalers, and retailers; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 12, 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;
2008-11-14T00:00:00+03:30
USD
High Impact Expected
Retail Sales m/m
-2.8%
-2.0%
-1.3%
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: Dec 12, 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;
2008-11-14T00:00:00+03:30
EUR
Medium Impact Expected
Final CPI y/y
3.2%
3.2%
3.2%
Source: Eurostat (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Dec 17, 2008 | FF Notes: The 'Previous' listed is the 'Actual' from the CPI Flash Estimate and therefore the 'History' data will appear unconnected. This is considered the Eurozone's most important inflation data because it's used as the central bank's inflation target, but it tends to have a relatively mild impact as the CPI Flash Estimate and German Prelim CPI are released about 15 days earlier; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Acro Expand: Consumer Price Index (CPI);
2008-11-14T00:00:00+03:30
USD
High Impact Expected
Fed Chairman Bernanke Speaks
null
null
null
Description: Due to participate in a panel discussion about Policy coordination among Central Banks at the 5th ECB Central Banking Conference "The euro at ten: Lessons and Challenges," in Frankfurt. Audience questions expected; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Chairman Ben Bernanke; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Dec 1, 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);
2008-11-14T00:00:00+03:30
USD
Medium Impact Expected
Import Prices m/m
-4.7%
-4.3%
-3.3%
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: Dec 11, 2008 | FF Notes: This is the earliest government-released inflation data; | Why Traders Care: It contributes to inflation for businesses and consumers, especially those who rely heavily on imported goods and services; | Also Called: Import Price Index;
2008-11-14T05:30:00+03:30
CNY
Medium Impact Expected
Fixed Asset Investment ytd/y
27.2%
27.4%
27.6%
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: Dec 16, 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;
2008-11-14T10:30:00+03:30
EUR
Low Impact Expected
German Final CPI m/m
-0.2%
-0.2%
-0.2%
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: Dec 17, 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);
2008-11-14T11:15:00+03:30
EUR
Medium Impact Expected
French Prelim Private Payrolls q/q
-0.1%
-0.2%
-0.2%
Source: INSEE (latest release) | Measures: Change in the number of employed people, excluding the farming industry and government; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 45 days after the quarter ends; | Next Release: Feb 13, 2009 | FF Notes: There are 2 versions of this indicator released about a month apart - Preliminary and Final. Both tend to have a muted impact because there are several earlier indicators related to Eurozone labor conditions; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Also Called: Non-Farm Employment, Provisional Employment;
2008-11-14T11:20:00+03:30
EUR
Medium Impact Expected
French Prelim GDP q/q
0.1%
-0.1%
-0.3%
FF Notice: Data leaked 60 minutes earlier than the scheduled release; | Source: INSEE (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 60 days after the quarter ends; | Next Release: Feb 13, 2009 | FF Notes: The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 3 versions of GDP released about 30 days apart Flash, Prelim, and Final. The Flash release is the earliest and thus tends to have the most impact. The Final is not reported for lack of significance; | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Also Called: GDP Second Estimate; | Acro Expand: Gross Domestic Product (GDP);
2008-11-14T11:30:00+03:30
EUR
Low Impact Expected
Spanish Flash GDP q/q
-0.2%
-0.2%
0.1%
FF Notice: Source changed series from a base year of 2000 to a base year of 2008 as of this release; | Source: National Statistics Institute (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 30 days after the quarter ends; | Next Release: Feb 12, 2009 | FF Notes: There are 2 versions of GDP released about 20 days apart - Flash and Final. The Flash release is the earliest and thus tends to have the most impact. The Final is not reported for lack of significance; | 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);
2008-11-14T12:30:00+03:30
EUR
Low Impact Expected
Italian Prelim GDP q/q
-0.5%
-0.2%
-0.4%
Source: Istat (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 30 days after the quarter ends; | Next Release: Feb 13, 2009 | FF Notes: Data is prone to early leaks by news agencies. Leaks will be reported on the calendar but will be retracted if deemed incorrect. There are 2 versions of GDP released about 25 days apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact. The Final is not reported for lack of significance; | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Also Called: Preliminary GDP Estimate; | Acro Expand: Gross Domestic Product (GDP);
2008-11-14T13:30:00+03:30
EUR
Medium Impact Expected
Final Core CPI y/y
1.9%
1.9%
1.9%
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: Dec 17, 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);
2008-11-14T17:00:00+03:30
CAD
Medium Impact Expected
Manufacturing Sales m/m
0.1%
-1.7%
-3.7%
Source: Statistics Canada (latest release) | Measures: Change in the total value of sales made by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 16, 2008 | Why Traders Care: It's a leading indicator of economic health - manufacturers are quickly affected by market conditions, and changes in their sales can be an early signal of future activity such as spending, hiring, and investment; | Also Called: Manufacturing Shipments, Factory Sales;
2008-11-14T17:55:00+03:30
EUR
High Impact Expected
ECB President Trichet Speaks
null
null
null
FF Notice: Initial release time was shifted 55 minutes later due to source rescheduling; | Description: Due to participate in a panel discussion about Policy coordination among Central Banks at the 5th ECB Central Banking Conference "The euro at ten: Lessons and Challenges," in Frankfurt. Audience questions expected; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Nov 18, 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);
2008-11-14T18:25:00+03:30
USD
High Impact Expected
Prelim UoM Consumer Sentiment
57.9
56.0
57.6
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: Dec 12, 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);
2008-11-14T18:30:00+03:30
USD
Medium Impact Expected
Assist Treasury Sec Kashkari Speaks
null
null
null
Description: Due to testify on Economic Stabilization Act before the House Committee on Oversight and Government Reform Subcommittee on Domestic Policy, in Washington DC; | Source: US Department of the Treasury (latest release) | Speaker: Interim Assistant Secretary for Financial Stability Neel Kashkari; | Next Release: Nov 19, 2008 | Why Traders Care: He oversees implementation of the $700 billion TARP initiative and is involved in the details of how the money is used to strengthen the banking sector and bring liquidity to credit markets; | Acro Expand: Troubled Asset Relief Program (TARP);
2008-11-14T19:05:00+03:30
USD
Low Impact Expected
Natural Gas Storage
62B
45B
12B
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: Nov 20, 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);
2008-11-14T21:00:00+03:30
USD
Medium Impact Expected
FOMC Member Pianalto Speaks
null
null
null
Description: Due to deliver a speech titled "The credit crunch and the role of the Federal Reserve" at the City Club Friday Forum, in Cleveland; | Source: Federal Reserve Bank of Cleveland (latest release) | Speaker: Federal Reserve Bank of Cleveland President Sandra Pianalto; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Feb 25, 2010 | FF Notes: FOMC voting member 2006, 2008, 2010, 2012, and 2014; | 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;
2008-11-15T23:59:59+03:30
All
Medium Impact Expected
G20 Meetings
null
null
null
Description: Due to meet about a range of global economic issues, including the credit crisis and financial markets, in Washington DC; | Source: G20 (latest release) | Next Release: Mar 13, 2009 | FF Notes: G20 meetings are attended by finance ministers and central bankers from 20 industrialized nations including the G7 nations - Canada, Italy, France, Germany, Japan, the UK, and the US. The meetings are closed to the press but officials usually talk with reporters throughout the day, and a formal statement covering policy shifts and meeting objectives is released after the meetings have concluded; | Why Traders Care: While it's not an institution, the G20 is an influential global policy-making body operating at the highest level, and their initiatives and policies can impact the currency markets; | Acro Expand: Group of Twenty (G20);
2008-11-17T00:00:00+03:30
JPY
Medium Impact Expected
Tertiary Industry Activity m/m
-0.6%
-0.6%
-1.3%
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: Dec 16, 2008 | Why Traders Care: It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their spending can be an early signal of future economic activity such as hiring, earnings, and investment;
2008-11-17T00:00:00+03:30
USD
Medium Impact Expected
Industrial Production m/m
1.3%
0.1%
-3.7%
Source: Federal Reserve (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Dec 15, 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;
2008-11-17T00:00:00+03:30
JPY
Medium Impact Expected
Prelim GDP Price Index y/y
-1.6%
-1.6%
-1.6%
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 45 days after the quarter ends; | Next Release: Feb 16, 2009 | Why Traders Care: It's the broadest measure of inflation, encompassing all activities included in GDP, and is a primary instrument that the central bank uses to assess inflation; | Also Called: GDP Deflator; | Acro Expand: Gross Domestic Product (GDP);
2008-11-17T01:19:00+03:30
NZD
Low Impact Expected
FPI m/m
-0.3%
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: Dec 11, 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);
2008-11-17T03:20:00+03:30
JPY
High Impact Expected
Prelim GDP q/q
-0.1%
0.1%
-0.9%
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 45 days after the quarter ends; | Next Release: Feb 16, 2009 | FF Notes: 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; | Also Called: Real GDP; | Acro Expand: Gross Domestic Product (GDP);
2008-11-17T03:31:00+03:30
GBP
Medium Impact Expected
Rightmove HPI m/m
-2.9%
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: Dec 15, 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);
2008-11-17T04:00:00+03:30
AUD
Medium Impact Expected
Quarterly Retail Sales q/q
0.1%
0.4%
-0.2%
Source: Australian Bureau of 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 quarterly, about 45 days after the quarter ends; | Next Release: Feb 18, 2009 | FF Notes: Source began reporting q/q inflation-adjusted format in Nov 2008, and discontinued it in Feb 2009; | 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 Inflation;
2008-11-17T13:30:00+03:30
EUR
Low Impact Expected
Trade Balance
-5.7B
-5.7B
-5.7B
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: Dec 18, 2008 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. Tends to have a muted impact because Germany and France, which account for about half of the Eurozone's economy, release earlier trade data. A positive Trade Balance indicates that more goods and services were exported than imported;
2008-11-17T17:00:00+03:30
USD
Medium Impact Expected
Empire State Manufacturing Index
-25.4
-26.0
-24.6
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: Dec 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;
2008-11-17T17:45:00+03:30
USD
Medium Impact Expected
Capacity Utilization Rate
76.4%
76.4%
75.5%
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: Dec 15, 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;
2008-11-18T00:00:00+03:30
USD
Medium Impact Expected
Treasury Sec Paulson Speaks
null
null
null
Description: Due to testify on the Troubled Asset Relief Program (TARP) and the Fed’s liquidity facilities before US House of Representatives Financial Services Committee, in Washington DC; | Source: US Department of the Treasury (latest release) | Speaker: US Treasury Secretary Henry Paulson; | Next Release: Nov 20, 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;
2008-11-18T00:00:00+03:30
GBP
Medium Impact Expected
Core CPI y/y
1.9%
2.2%
2.2%
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: Dec 16, 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);
2008-11-18T00:00:00+03:30
GBP
Low Impact Expected
RPI y/y
4.2%
4.6%
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: Dec 16, 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);
2008-11-18T00:00:00+03:30
USD
Medium Impact Expected
Core PPI m/m
0.4%
0.1%
0.4%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of finished goods and services sold by producers, excluding food and energy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Dec 12, 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);
2008-11-18T03:00:00+03:30
USD
Medium Impact Expected
Treasury Sec Paulson Speaks
null
null
null
Description: Due to speak on US Economy and Markets at the Wall Street Journal CEO Council, in Washington DC; | Source: US Department of the Treasury (latest release) | Speaker: US Treasury Secretary Henry Paulson; | Next Release: Nov 18, 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;
2008-11-18T04:00:00+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: Dec 16, 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);
2008-11-18T11:45:00+03:30
CHF
Medium Impact Expected
Retail Sales y/y
6.4%
0.0%
0.0%
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: Dec 18, 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;
2008-11-18T12:30:00+03:30
EUR
Low Impact Expected
Italian Trade Balance
-2.59B
-2.50B
-2.15B
Source: Istat (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 17, 2008 | FF Notes: A positive number indicates that more goods were exported than imported. This is one of the few non-seasonally adjusted numbers reported on the calendar, as it's the primary calculation for this indicator;
2008-11-18T13:00:00+03:30
GBP
High Impact Expected
CPI y/y
4.5%
4.8%
5.2%
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: Dec 16, 2008 | FF Notes: This is considered the UK's most important inflation data because it's used as the central bank's inflation target; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Derived Via: The average price of various goods and services are sampled and then compared to the sampling done a year earlier; | Acro Expand: Consumer Price Index (CPI);
2008-11-18T17:00:00+03:30
USD
High Impact Expected
PPI m/m
-2.8%
-1.9%
-0.4%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of finished goods and services sold by producers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Dec 12, 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);
2008-11-18T17:30:00+03:30
USD
High Impact Expected
TIC Long-Term Purchases
66.2B
18.0B
21.0B
Source: US Department of the Treasury (latest release) | Measures: Difference in value between foreign long-term securities purchased by US citizens and US long-term securities purchased by foreigners during the reported period; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Dec 15, 2008 | FF Notes: This data represents the balance of domestic and foreign investment - for example, if foreigners purchased $100 billion in US stocks and bonds, and the US purchased $30 billion in foreign stocks and bonds, the net reading would be 70.0B; | Why Traders Care: Demand for domestic securities and currency demand are directly linked because foreigners must buy the domestic currency to purchase the nation's securities; | Also Called: Net Long-term Securities Transactions; | Acro Expand: Treasury International Capital (TIC);
2008-11-18T18:00:00+03:30
USD
High Impact Expected
Fed Chairman Bernanke Testifies
null
null
null
Description: Due to testify on the Troubled Asset Relief Program (TARP) and the Fed’s liquidity facilities before US House of Representatives Financial Services 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: Feb 10, 2009 | 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);
2008-11-18T19:15:00+03:30
GBP
Medium Impact Expected
MPC Member Besley Speaks
null
null
null
Description: Due to speak at the Royal Economic Society Annual Lecture, in London; | Source: Bank of England (latest release) | Speaker: External BOE MPC Member Timothy Besley; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Feb 17, 2009 | FF Notes: MPC voting member Sep 2006 - Aug 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;
2008-11-18T21:30:00+03:30
USD
Low Impact Expected
NAHB Housing Market Index
9
14
14
Source: NAHB (latest release) | Measures: Level of a diffusion index based on surveyed home builders; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the middle of the current month; | Next Release: Dec 15, 2008 | FF Notes: Above 50 indicates a favorable outlook on home sales, below indicates a negative outlook; | Derived Via: Survey of about 900 home builders which asks respondents to rate the relative level of current and future single-family home sales; | Also Called: NAHB/Wells Fargo Housing Market Index; | Acro Expand: National Association of Home Builders (NAHB);
2008-11-18T22:00:00+03:30
EUR
Medium Impact Expected
ECB President Trichet Speaks
null
null
null
Description: Due to speak at the Lord Roll Memorial Lecture organised by The Daiwa Anglo-Japanese Foundation, in London; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Nov 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);
2008-11-19T00:00:00+03:30
USD
High Impact Expected
CPI y/y
3.7%
4.0%
4.9%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Dec 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);
2008-11-19T00:00:00+03:30
USD
Medium Impact Expected
CPI m/m
-1.0%
-0.8%
0.0%
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: Dec 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);
2008-11-19T00:00:00+03:30
USD
High Impact Expected
Building Permits
0.71M
0.77M
0.81M
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: Dec 16, 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;