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
⌀ |
|---|---|---|---|---|---|---|---|
2007-03-14T00:00:00+03:30
|
CAD
|
Low Impact Expected
|
New Motor Vehicle Sales m/m
|
-3.3%
|
-4.0%
|
5.6%
|
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: Apr 16, 2007 | 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;
|
2007-03-14T00:00:00+03:30
|
USD
|
Medium Impact Expected
|
Import Prices m/m
|
0.2%
|
0.8%
|
-0.9%
|
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: Apr 12, 2007 | 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;
|
2007-03-14T00:00:00+03:30
|
EUR
|
Medium Impact Expected
|
Industrial Production m/m
|
-0.2%
|
0.2%
|
1.2%
|
Source: Eurostat (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Apr 13, 2007 | 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;
|
2007-03-14T00:00:00+03:30
|
GBP
|
Medium Impact Expected
|
Average Earnings Index 3m/y
|
4.2%
|
4.0%
|
4.0%
|
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: Apr 18, 2007 | 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;
|
2007-03-14T00:00:00+03:30
|
GBP
|
Low Impact Expected
|
Unemployment Rate
|
5.5%
|
5.5%
|
5.5%
|
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: Apr 18, 2007 | 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;
|
2007-03-14T00:00:00+03:30
|
EUR
|
Low Impact Expected
|
Final Employment Change q/q
|
0.3%
| null |
0.3%
|
Source: Eurostat (latest release) | Measures: Change in the number of employed people; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 65 days after the quarter ends; | Next Release: Jun 13, 2007 | FF Notes: The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about 20 days apart – Flash and Final. The Flash release, which the source first reported in Nov 2018, is the earliest and thus tends to have the most impact;
|
2007-03-14T00:00:00+03:30
|
USD
|
Medium Impact Expected
|
Current Account
|
-196B
|
-204B
|
-229B
|
Source: Bureau of Economic Analysis (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: Jun 15, 2007 | FF Notes: The goods and services portion has no impact because it's a duplicate of the monthly Trade Balance data; | Why Traders Care: It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the country; | Also Called: International Transactions;
|
2007-03-14T01:15:00+03:30
|
NZD
|
Low Impact Expected
|
Manufacturing Sales q/q
|
-2.2%
| null |
2.7%
|
Source: Statistics New Zealand (latest release) | Measures: Change in the total value of sales at the manufacturing level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 70 days after the quarter ends; | Next Release: Jun 15, 2007 | Also Called: Economic Survey of Manufacturing, Manufacturing Activity;
|
2007-03-14T03:00:00+03:30
|
AUD
|
Low Impact Expected
|
Westpac Consumer Sentiment
|
3.7%
| null |
1.7%
|
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: Apr 18, 2007 | 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;
|
2007-03-14T05:30:00+03:30
|
CNY
|
Low Impact Expected
|
Retail Sales y/y
|
14.7%
|
14.9%
|
14.6%
|
FF Notice: Source does not release Jan's data in Feb to eliminate the distortions caused by the 7-day Lunar New Year holiday. Therefore, the 'Actual' listed represents the change from Dec to Feb, rather than the standard y/y format; | 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: Apr 20, 2007 | 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;
|
2007-03-14T08:00:00+03:30
|
JPY
|
Low Impact Expected
|
Revised Industrial Production m/m
|
-1.7%
|
-1.5%
|
-1.5%
|
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: Apr 16, 2007 | 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;
|
2007-03-14T11:15:00+03:30
|
EUR
|
Low Impact Expected
|
French Final CPI m/m
|
0.2%
|
0.4%
|
-0.4%
|
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: Apr 13, 2007 | 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);
|
2007-03-14T13:00:00+03:30
|
GBP
|
High Impact Expected
|
Claimant Count Change
|
-3.8K
|
-8.0K
|
-13.3K
|
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: Apr 18, 2007 | 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;
|
2007-03-14T13:30:00+03:30
|
CHF
|
Medium Impact Expected
|
UBS Economic Expectations
|
-28.0
| null |
-17.3
|
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: Apr 19, 2007 | 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);
|
2007-03-14T16:00:00+03:30
|
CAD
|
Low Impact Expected
|
Capacity Utilization Rate
|
82.5%
|
83.7%
|
83.4%
|
Source: Statistics Canada (latest release) | Measures: Percentage of available resources being utilized by manufacturers, builders, mines, oil extractors, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: Jun 11, 2007 | Why Traders Care: It's a leading indicator of consumer inflation - when producers are nearing full capacity they respond by raising prices, and the higher costs are usually passed on to the consumer; | Also Called: Industrial Capacity Utilization Rate;
|
2007-03-14T18:00:00+03:30
|
USD
|
Low Impact Expected
|
Crude Oil Inventories
|
1.1M
|
2.0M
|
-4.8M
|
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: Mar 21, 2007 | 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);
|
2007-03-14T21:30:00+03:30
|
EUR
|
Medium Impact Expected
|
ECB President Trichet Speaks
| null | null | null |
Description: Due to speak at the European Policy Forum, in London; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Mar 21, 2007 | 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);
|
2007-03-14T22:00:00+03:30
|
NZD
|
Medium Impact Expected
|
RBNZ Gov Bollard Speaks
| null | null | null |
Description: Due to deliver a speech titled "Easy Money: Global Liquidity and its Impact on New Zealand" at the Wellington Chamber of Commerce, in Wellington; | Source: Reserve Bank of New Zealand (latest release) | Speaker: RBNZ Governor Alan Bollard; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jun 12, 2007 | FF Notes: RBNZ Governor Sep 2002 - Sep 2012. 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 New Zealand (RBNZ);
|
2007-03-15T00:00:00+03:30
|
CHF
|
High Impact Expected
|
SNB Monetary Policy Assessment
| null | null | null |
Source: Swiss National Bank (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled quarterly; | Next Release: Jun 14, 2007 | Why Traders Care: It's the primary tool the SNB Governing Board 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 projects the economic outlook and offers clues on the outcome of future rate decisions; | Also Called: Interest Rate Statement, SNB Statement; | Acro Expand: Swiss National Bank (SNB);
|
2007-03-15T00:00:00+03:30
|
USD
|
Low Impact Expected
|
Unemployment Claims
|
318K
|
330K
|
330K
|
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: Mar 22, 2007 | 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;
|
2007-03-15T00:00:00+03:30
|
USD
|
High Impact Expected
|
TIC Long-Term Purchases
|
97.4B
|
46.5B
|
14.3B
|
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: Apr 16, 2007 | 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);
|
2007-03-15T00:00:00+03:30
|
USD
|
Medium Impact Expected
|
Core PPI m/m
|
0.4%
|
0.2%
|
0.2%
|
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of finished goods and services sold by producers, excluding food and energy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Apr 13, 2007 | 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);
|
2007-03-15T00:00:00+03:30
|
EUR
|
Low Impact Expected
|
German Final CPI m/m
|
0.4%
|
0.4%
|
0.4%
|
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: Apr 16, 2007 | 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);
|
2007-03-15T00:00:00+03:30
|
EUR
|
Low Impact Expected
|
Final CPI y/y
|
1.8%
|
1.8%
|
1.8%
|
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: Apr 16, 2007 | 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);
|
2007-03-15T00:00:00+03:30
|
USD
|
High Impact Expected
|
PPI m/m
|
1.3%
|
0.4%
|
-0.6%
|
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: Apr 13, 2007 | 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);
|
2007-03-15T00:00:00+03:30
|
USD
|
Medium Impact Expected
|
Empire State Manufacturing Index
|
1.9
|
16.0
|
24.4
|
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: Apr 16, 2007 | 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;
|
2007-03-15T00:00:00+03:30
|
AUD
|
Medium Impact Expected
|
Unemployment Rate
|
4.6%
|
4.5%
|
4.5%
|
Source: Australian Bureau of Statistics (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Apr 12, 2007 | 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;
|
2007-03-15T00:00:00+03:30
|
AUD
|
Low Impact Expected
|
RBA Bulletin
| null | null | null |
Source: Reserve Bank of Australia (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released Quarterly; | Next Release: Apr 19, 2007 | FF Notes: Tends to have a mild impact since much of the information is released previously. Source changed release frequency from monthly to quarterly as of Mar 2010; | Why Traders Care: It contains relevant articles, speeches, statistical tables, and provides detailed analysis of current and future economic conditions from the bank's viewpoint; | Acro Expand: Reserve Bank of Australia (RBA);
|
2007-03-15T00:00:00+03:30
|
EUR
|
Low Impact Expected
|
Final Core CPI y/y
|
1.9%
|
1.8%
|
1.7%
|
Source: Eurostat (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding food, energy, alcohol, and tobacco; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Apr 16, 2007 | 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);
|
2007-03-15T03:00:00+03:30
|
AUD
|
Low Impact Expected
|
MI Inflation Expectations
|
3.2%
| null |
3.2%
|
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: Apr 19, 2007 | 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);
|
2007-03-15T04:00:00+03:30
|
AUD
|
High Impact Expected
|
Employment Change
|
22.0K
|
14.5K
|
-4.8K
|
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the number of employed people during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Apr 12, 2007 | FF Notes: This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;
|
2007-03-15T09:30:00+03:30
|
EUR
|
Medium Impact Expected
|
German Buba President Weber Speaks
| null | null | null |
Description: Due to speak about challenges posed by financial globalization at the University, in Pune; | Source: Bundesbank (latest release) | Speaker: Deutsche Bundesbank President Axel Weber; | Usual Effect: More hawkish than expected is good for currency; | Next Release: May 29, 2007 | 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);
|
2007-03-15T11:15:00+03:30
|
EUR
|
Low Impact Expected
|
French Final Private Payrolls q/q
|
0.2%
|
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 75 days after the quarter ends; | Next Release: Jun 14, 2007 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this indicator released about a month apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact; | Also Called: Non-Farm Employment, Revised Employment;
|
2007-03-15T13:00:00+03:30
|
GBP
|
Medium Impact Expected
|
Consumer Inflation Expectations
|
2.7%
| null |
2.7%
|
Source: Bank of England (latest release) | Measures: Percentage that consumers expect the price of goods and services to change during the next 12 months; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 20 days after the survey is conducted; | Next Release: Jun 14, 2007 | Why Traders Care: Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise; | Derived Via: Survey of about 2,000 consumers, conducted by Ipsos, which asks respondents where they expect prices to be 12 months in the future; | Also Called: BOE/Ipsos Inflation Attitudes Survey, Median Inflation Expectations; | Acro Expand: Bank of England (BOE);
|
2007-03-15T13:30:00+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: Apr 19, 2007 | 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);
|
2007-03-15T14:12:00+03:30
|
EUR
|
Low Impact Expected
|
Spanish 10-y Bond Auction
|
3.96|2.5
| null |
4.10|2.3
|
Source: General Secretariat of the Treasury (latest release) | Measures: Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Variable, about 10 times per year; | Next Release: Jul 19, 2007 | FF Notes: This event includes bonds with a maturity that is a few years shorter or longer than 10 years, making the data set appear more volatile than the actual 10-year interest rate. Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted). Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: Obligaciones Auction;
|
2007-03-15T15:30:00+03:30
|
GBP
|
Medium Impact Expected
|
MPC Member Sentance Speaks
| null | null | null |
Description: Due to deliver a speech titled "The Changing Pattern of Savings: Implications for Growth and Inflation" at the Royal Bank of Scotland, in Edinburgh; | Source: Bank of England (latest release) | Speaker: External BOE MPC Member Andrew Sentance; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jul 10, 2007 | FF Notes: MPC voting member Oct 2006 - May 2011; | Why Traders Care: BOE MPC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy;
|
2007-03-15T16:00:00+03:30
|
CAD
|
Medium Impact Expected
|
Manufacturing Sales m/m
|
-2.1%
|
-0.7%
|
2.1%
|
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: Apr 17, 2007 | 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;
|
2007-03-15T16:30:00+03:30
|
CHF
|
High Impact Expected
|
Libor Rate
|
2.25%
|
2.25%
|
2.00%
|
FF Notice: Source set a target range of 1.75% to 2.75%; | Source: Swiss National Bank (latest release) | Measures: London interest rate for 3-month Swiss franc deposits; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled quarterly; | Next Release: Jun 14, 2007 | FF Notes: This rate was the SNB's main operating target until it was discontinued in Jun 2019; | Why Traders Care: Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future; | Derived Via: SNB Governing Board members come to a consensus on where to set the target range for the rate; | Also Called: Interest Rates, Libor, 3-month Rate; | Acro Expand: London Interbank Offered Rate (Libor), Swiss National Bank (SNB);
|
2007-03-15T18:00:00+03:30
|
USD
|
Low Impact Expected
|
Natural Gas Storage
|
-115B
|
-118B
|
-102B
|
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: Mar 22, 2007 | 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);
|
2007-03-15T19:30:00+03:30
|
USD
|
Medium Impact Expected
|
Philly Fed Manufacturing Index
|
0.2
|
4.0
|
0.6
|
Source: Federal Reserve Bank of Philadelphia (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers in Philadelphia; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third Thursday of the current month; | Next Release: Apr 19, 2007 | FF Notes: Above 0.0 indicates improving conditions, below indicates worsening conditions; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 250 manufacturers in the Philadelphia Federal Reserve district which asks respondents to rate the relative level of general business conditions; | Also Called: Philadelphia Fed Business Outlook Survey;
|
2007-03-15T23:59:59+03:30
|
All
|
Medium Impact Expected
|
OPEC Meetings
| null | null | null |
Source: OPEC (latest release) | Frequency: Twice per year; | Next Release: Sep 11, 2007 | 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);
|
2007-03-16T00:00:00+03:30
|
USD
|
Medium Impact Expected
|
CPI m/m
|
0.4%
|
0.3%
|
0.2%
|
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Apr 17, 2007 | 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);
|
2007-03-16T00:00:00+03:30
|
USD
|
Medium Impact Expected
|
Industrial Production m/m
|
1.0%
|
0.3%
|
-0.3%
|
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: Apr 17, 2007 | 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;
|
2007-03-16T00:00:00+03:30
|
USD
|
Low Impact Expected
|
Prelim UoM Inflation Expectations
|
3.0%
| null |
3.0%
|
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: Apr 13, 2007 | 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);
|
2007-03-16T00:00:00+03:30
|
USD
|
High Impact Expected
|
CPI y/y
|
2.4%
|
2.3%
|
2.1%
|
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: Apr 17, 2007 | 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);
|
2007-03-16T02:30:00+03:30
|
NZD
|
Low Impact Expected
|
BusinessNZ Manufacturing Index
|
53.9
| null |
55.8
|
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: Apr 12, 2007 | 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;
|
2007-03-16T03:20:00+03:30
|
JPY
|
Medium Impact Expected
|
Tertiary Industry Activity m/m
|
1.6%
|
1.0%
|
-0.4%
|
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: Apr 19, 2007 | 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;
|
2007-03-16T03:55:00+03:30
|
AUD
|
Medium Impact Expected
|
RBA Assist Gov Edey Speaks
| null | null | null |
Description: Due to deliver a speech titled "Australia in the Global Economy" at the Australia and Japan Economic Outlook Conference 2007, in Sydney; | Source: Reserve Bank of Australia (latest release) | Speaker: RBA Assistant Governor (Financial System) Malcolm Edey; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Feb 19, 2008 | Why Traders Care: He's responsible for advising Reserve Bank Board members - who decide where to set the nation's key interest rates - on matters relating to economics, and his public engagements are often used to drop subtle clues regarding future policy shifts; | Acro Expand: Reserve Bank of Australia (RBA);
|
2007-03-16T05:30:00+03:30
|
CNY
|
Medium Impact Expected
|
Fixed Asset Investment ytd/y
|
23.4%
|
24.0%
|
24.5%
|
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: Apr 19, 2007 | 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;
|
2007-03-16T12:30:00+03:30
|
EUR
|
Low Impact Expected
|
Italian Trade Balance
|
-3.68B
|
-2.50B
|
-0.83B
|
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: Apr 17, 2007 | 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;
|
2007-03-16T12:45:00+03:30
|
CHF
|
Medium Impact Expected
|
Retail Sales y/y
|
5.1%
|
2.3%
|
0.8%
|
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: Apr 17, 2007 | 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;
|
2007-03-16T16:00:00+03:30
|
USD
|
High Impact Expected
|
Core CPI m/m
|
0.2%
|
0.2%
|
0.3%
|
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding food and energy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Apr 17, 2007 | FF Notes: Food and energy prices account for about a quarter of CPI, but they tend to be very volatile and distort the underlying trend. The Federal Open Market Committee usually pays more attention to the Core data - so do traders; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Also Called: CPI Ex Food and Energy, Underlying CPI; | Acro Expand: Consumer Price Index (CPI);
|
2007-03-16T16:45:00+03:30
|
USD
|
Medium Impact Expected
|
Capacity Utilization Rate
|
82.0%
|
81.3%
|
81.4%
|
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: Apr 17, 2007 | 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;
|
2007-03-16T17:30:00+03:30
|
USD
|
High Impact Expected
|
Prelim UoM Consumer Sentiment
|
88.8
|
90.0
|
91.3
|
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: Apr 13, 2007 | 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);
|
2007-03-17T17:30:00+03:30
|
NZD
|
Non-Economic
|
Daylight Saving Time Shift
| null | null | null |
Description: New Zealand exits DST and clocks are moved backward by 1 hour; | Frequency: Twice per year; | Next Release: Sep 29, 2007 | Acro Expand: Daylight Saving Time (DST);
|
2007-03-19T00:00:00+03:30
|
CAD
|
Medium Impact Expected
|
Wholesale Sales m/m
|
-0.5%
|
-0.9%
|
4.7%
|
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: Apr 19, 2007 | 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;
|
2007-03-19T00:00:00+03:30
|
GBP
|
Low Impact Expected
|
Rightmove HPI m/m
|
1.5%
| null |
0.9%
|
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: Apr 16, 2007 | 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);
|
2007-03-19T03:31:00+03:30
|
GBP
|
Low Impact Expected
|
BOE Quarterly Bulletin
| null | null | null |
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released quarterly; | Next Release: Jun 18, 2007 | FF Notes: Tends to have a muted impact because some parts of the bulletin are released early; | Why Traders Care: This release includes commentary on market developments and monetary policy operations, along with reports on a range of domestic and international economic issues, market research, and market analysis; | Acro Expand: Bank of England (BOE);
|
2007-03-19T11:45:00+03:30
|
CHF
|
Medium Impact Expected
|
Industrial Production q/q
|
7.8%
|
3.5%
|
-0.5%
|
Source: Federal Statistical Office (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: Jun 18, 2007 | FF Notes: Source discontinued this data in Mar 2012; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings;
|
2007-03-19T16:00:00+03:30
|
CAD
|
Medium Impact Expected
|
Foreign Securities Purchases
|
-3.76B
|
1.34B
|
-3.05B
|
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: Apr 18, 2007 | 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;
|
2007-03-19T20:30:00+03:30
|
USD
|
Low Impact Expected
|
NAHB Housing Market Index
|
36
|
38
|
39
|
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: Apr 16, 2007 | 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);
|
2007-03-20T00:00:00+03:30
|
GBP
|
Low Impact Expected
|
RPI y/y
|
4.6%
|
4.3%
|
4.2%
|
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: Apr 17, 2007 | 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);
|
2007-03-20T00:00:00+03:30
|
GBP
|
Low Impact Expected
|
Public Sector Net Borrowing
|
1.0B
|
2.5B
|
-10.7B
|
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: Apr 24, 2007 | 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;
|
2007-03-20T00:00:00+03:30
|
CAD
|
Medium Impact Expected
|
CPI m/m
|
0.7%
|
0.3%
|
0.1%
|
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: Apr 19, 2007 | 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);
|
2007-03-20T00:00:00+03:30
|
USD
|
Medium Impact Expected
|
Housing Starts
|
1.53M
|
1.44M
|
1.40M
|
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: Apr 17, 2007 | 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;
|
2007-03-20T00:00:00+03:30
|
GBP
|
Low Impact Expected
|
M4 Money Supply m/m
|
0.9%
|
0.8%
|
0.9%
|
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: Apr 23, 2007 | 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;
|
2007-03-20T00:00:00+03:30
|
GBP
|
Medium Impact Expected
|
Core CPI y/y
|
1.7%
|
1.7%
|
1.6%
|
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: Apr 17, 2007 | 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);
|
2007-03-20T00:30:00+03:30
|
CAD
|
Medium Impact Expected
|
Annual Budget Release
| null | null | null |
Source: Department of Finance Canada (latest release) | Frequency: Released annually; | Next Release: Feb 27, 2008 | FF Notes: This document outlines the Federal government's budget for the year, including expected spending and income levels, borrowing levels, financial objectives, and planned investments; | Why Traders Care: Domestic government spending and borrowing levels can have a significant impact on the economy - increased spending generates work for contractors and creates jobs, while borrowing levels impact the nations credit rating and provide insight into the nation's underlying fiscal position;
|
2007-03-20T02:15:00+03:30
|
NZD
|
Low Impact Expected
|
Visitor Arrivals m/m
|
6.5%
| null |
-3.0%
|
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: Apr 20, 2007 | 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;
|
2007-03-20T04:00:00+03:30
|
AUD
|
Low Impact Expected
|
Housing Starts q/q
|
-0.8%
|
-0.6%
|
0.1%
|
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the number of new residential buildings that began construction; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: Jun 20, 2007 | FF Notes: Source discontinued this data in Sep 2012. Tends to produce a relatively muted impact because the tightly-correlated Building Permits data is released monthly; | Why Traders Care: It's a leading indicator of economic health because building construction produces a wide-reaching ripple effect. For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder; | Also Called: Dwelling Commencements;
|
2007-03-20T06:30:00+03:30
|
JPY
|
Medium Impact Expected
|
Overnight Call Rate
|
0.50%
|
0.50%
|
0.50%
|
Source: Bank of Japan (latest release) | Measures: Interest rate at which the BOJ rediscounts bills and extends loans to financial institutions; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Variable, about 14 times per year; | Next Release: Apr 10, 2007 | FF Notes: This rate was the BOJ's main operating target from Mar 2006 until it was discontinued in Apr 2013; | Why Traders Care: Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future; | Derived Via: BOJ Policy Board members come to a consensus on where to set the rate; | Also Called: Interest Rates; | Acro Expand: Bank of Japan (BOJ);
|
2007-03-20T09:30:00+03:30
|
JPY
|
Low Impact Expected
|
BOJ Monthly Report
| null | null | null |
Source: Bank of Japan (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly; | Next Release: Apr 10, 2007 | FF Notes: Source discontinued this report in Dec 2015; | Why Traders Care: It contains the statistical data that the BOJ Policy Board members evaluated when making the latest interest rate decision, and provides detailed analysis of current and future economic conditions from the bank's viewpoint; | Also Called: Monthly Report of Recent Economic and Financial Developments; | Acro Expand: Bank of Japan (BOJ);
|
2007-03-20T09:57:00+03:30
|
JPY
|
High Impact Expected
|
BOJ Press Conference
| null | null | null |
Source: Bank of Japan | Speaker: BOJ Governor; | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: Apr 10, 2007 | FF Notes: Source does not give an exact start time - this event will be listed as 'Tentative' until the press conference starts. Source changed release frequency from about 14 times per year to eight times per year as of Jan 2016; | Why Traders Care: It's among the primary methods the BOJ uses to communicate with investors regarding monetary policy. It covers the factors that affected the most recent interest rate decision, the overall economic outlook, inflation, and clues regarding future monetary policy; | Also Called: Interest Rate Press Conference; | Acro Expand: Bank of Japan (BOJ);
|
2007-03-20T10:30:00+03:30
|
EUR
|
Low Impact Expected
|
German PPI m/m
|
0.3%
|
0.3%
|
0.0%
|
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: Apr 19, 2007 | 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);
|
2007-03-20T11:45:00+03:30
|
CHF
|
Medium Impact Expected
|
PPI m/m
|
0.3%
|
0.1%
|
-0.2%
|
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: Apr 20, 2007 | 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);
|
2007-03-20T13:00:00+03:30
|
GBP
|
High Impact Expected
|
CPI y/y
|
2.8%
|
2.7%
|
2.7%
|
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: Apr 17, 2007 | 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);
|
2007-03-20T14:30:00+03:30
|
CAD
|
High Impact Expected
|
Core CPI m/m
|
0.5%
|
0.2%
|
0.1%
|
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: Apr 19, 2007 | 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);
|
2007-03-20T16:00:00+03:30
|
USD
|
Medium Impact Expected
|
Building Permits
|
1.53M
|
1.55M
|
1.57M
|
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: Apr 17, 2007 | 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;
|
2007-03-20T22:55:00+03:30
|
GBP
|
Medium Impact Expected
|
MPC Member Barker Speaks
| null | null | null |
Description: Due to deliver a speech titled "Interest Rate Changes - Too many or too few?" at the CBI North East Dinner, in Newton Aycliffe; | Source: Bank of England (latest release) | Speaker: External BOE MPC Member Kate Barker; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Oct 23, 2007 | FF Notes: MPC voting member June 2001 - May 2010; | 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;
|
2007-03-21T00:00:00+03:30
|
GBP
|
Medium Impact Expected
|
Annual Budget Release
| null | null | null |
Source: HM Treasury (latest release) | Frequency: Released annually; | Next Release: Mar 12, 2008 | FF Notes: This document outlines the government's budget for the year, including expected spending and income levels, borrowing levels, financial objectives, and planned investments; | Why Traders Care: Domestic government spending and borrowing levels can have a significant impact on the economy - increased spending generates work for contractors and creates jobs, while borrowing levels impact the nations credit rating and provide insight into the nation's underlying fiscal position;
|
2007-03-21T00:00:00+03:30
|
CAD
|
Low Impact Expected
|
Leading Index m/m
|
0.7%
|
0.5%
|
0.5%
|
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: Apr 24, 2007 | 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;
|
2007-03-21T00:00:00+03:30
|
USD
|
High Impact Expected
|
FOMC Statement
| null | null | null |
Source: Federal Reserve (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: May 9, 2007 | FF Notes: The FOMC usually changes the statement slightly at each release. It's these changes that traders focus on; | Why Traders Care: It's the primary tool the FOMC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes; | Also Called: Interest Rate Statement, Fed Statement, Monetary Policy Statement; | Acro Expand: Federal Open Market Committee (FOMC);
|
2007-03-21T00:00:00+03:30
|
CAD
|
Medium Impact Expected
|
Retail Sales m/m
|
-0.2%
|
-0.2%
|
2.2%
|
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: Apr 20, 2007 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
|
2007-03-21T03:00:00+03:30
|
AUD
|
Low Impact Expected
|
MI Leading Index m/m
|
0.1%
| null |
0.5%
|
Source: Melbourne Institute (latest release) | Measures: Change in the level of a composite index based on 9 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the third Wednesday after the month ends; | Next Release: Apr 26, 2007 | 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. Full reports are only available to Melbourne Institute subscribers; | Derived Via: Combined reading of 9 economic indicators related to consumer confidence, housing, stock market prices, unemployment expectations, hours worked, commodity prices, and interest rate spreads; | Also Called: Westpac/MI Indexes of Economic Activity, Westpac Leading Index; | Acro Expand: Melbourne Institute (MI);
|
2007-03-21T04:00:00+03:30
|
AUD
|
Low Impact Expected
|
New Motor Vehicle Sales m/m
|
0.0%
| null |
5.2%
|
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: Apr 20, 2007 | 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;
|
2007-03-21T06:30:00+03:30
|
NZD
|
Low Impact Expected
|
Credit Card Spending y/y
|
8.2%
| null |
6.7%
|
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: Apr 24, 2007 | 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;
|
2007-03-21T10:45:00+03:30
|
CHF
|
Medium Impact Expected
|
Trade Balance
|
1.38B
|
1.01B
|
1.29B
|
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: Apr 24, 2007 | 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;
|
2007-03-21T11:30:00+03:30
|
EUR
|
High Impact Expected
|
ECB President Trichet Speaks
| null | null | null |
Description: Due to testify before the Committee on Economic and Monetary Affairs of the European Parliament, in Brussels; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Mar 28, 2007 | 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);
|
2007-03-21T12:30:00+03:30
|
EUR
|
Low Impact Expected
|
Italian Quarterly Unemployment Rate
|
6.5%
|
6.7%
|
6.9%
|
Source: Istat (latest release) | Measures: Percentage of total work force that is unemployed and actively seeking employment during the previous quarter; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released quarterly, about 60 days after the quarter ends; | Next Release: Jun 19, 2007 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. Tends to have a muted impact because there are several earlier indicators related to Eurozone labor conditions; | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions; | Also Called: Jobless Rate;
|
2007-03-21T13:00:00+03:30
|
GBP
|
High Impact Expected
|
MPC Official Bank Rate Votes
|
0-1-8
|
2-0-7
|
2-0-7
|
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly; | Next Release: Apr 18, 2007 | 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);
|
2007-03-21T16:00:00+03:30
|
CAD
|
High Impact Expected
|
Core Retail Sales m/m
|
0.3%
|
0.4%
|
1.9%
|
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: Apr 20, 2007 | 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;
|
2007-03-21T18:00:00+03:30
|
USD
|
Low Impact Expected
|
Crude Oil Inventories
|
3.9M
|
1.0M
|
1.1M
|
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: Mar 28, 2007 | 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);
|
2007-03-21T21:45:00+03:30
|
USD
|
High Impact Expected
|
Federal Funds Rate
|
5.25%
|
5.25%
|
5.25%
|
Source: Federal Reserve (latest release) | Measures: Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: May 9, 2007 | FF Notes: The rate decision is usually priced into the market, so it tends to be overshadowed by the FOMC Statement, which is focused on the future; | Why Traders Care: Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future; | Derived Via: FOMC members vote on where to set the target rate. The individual votes are published in the FOMC statement; | Also Called: Interest Rates, Fed Funds Rate; | Acro Expand: Federal Open Market Committee (FOMC);
|
2007-03-21T23:59:59+03:30
|
JPY
|
Non-Economic
|
Bank Holiday
| null | null | null |
Description: Japanese banks will be closed in observance of Vernal Equinox Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Apr 30, 2007 | 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;
|
2007-03-22T00:00:00+03:30
|
EUR
|
Low Impact Expected
|
Trade Balance
|
1.3B
|
2.3B
|
2.0B
|
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: Apr 17, 2007 | 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;
|
2007-03-22T00:00:00+03:30
|
USD
|
Low Impact Expected
|
CB Leading Index m/m
|
-0.5%
|
-0.3%
|
-0.3%
|
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: Apr 19, 2007 | 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);
|
2007-03-22T00:00:00+03:30
|
JPY
|
Low Impact Expected
|
Trade Balance
|
0.66T
|
0.43T
|
1.05T
|
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: Apr 25, 2007 | 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;
|
2007-03-22T00:00:00+03:30
|
USD
|
Low Impact Expected
|
Unemployment Claims
|
316K
|
320K
|
320K
|
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: Mar 29, 2007 | 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;
|
2007-03-22T03:20:00+03:30
|
JPY
|
Medium Impact Expected
|
BSI Manufacturing Index
|
0.1
|
6.0
|
7.1
|
Source: Ministry of Finance (latest release) | Measures: Level of a diffusion index based on surveyed large manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 70 days into the current quarter; | Next Release: Jun 20, 2007 | FF Notes: Above 0.0 indicates optimism, below indicates pessimism. This survey is used to predict the BOJ's Tankan survey released about a week later; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 14,400 large manufacturers which asks respondents to rate the relative level of general business conditions; | Acro Expand: Business Survey Index (BSI), Bank of Japan (BOJ);
|
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