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
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1
9
Forecast
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1
8
Previous
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1
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106
1.37k
2008-12-17T17:00:00+03:30
CAD
Medium Impact Expected
Wholesale Sales m/m
-1.8%
-0.5%
1.1%
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: Jan 21, 2009 | Why Traders Care: It's a leading indicator of consumer spending - retailers generally order more goods from wholesalers when they expect consumer sales to increase; | Also Called: Wholesale Trade;
2008-12-17T19:05:00+03:30
USD
Medium Impact Expected
Crude Oil Inventories
0.5M
0.3M
0.4M
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: Dec 24, 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);
2008-12-17T20:50:00+03:30
CAD
Medium Impact Expected
BOC Gov Carney Speaks
null
null
null
FF Notice: Text of the speech due to be released 15 minutes earlier than the speaking time listed. Carney is due to hold a press conference 70 minutes after the speaking time listed; | Description: Due to deliver a speech titled "From Hindsight to Foresight" at the Fairmont Royal York Hotel, in Toronto; | Source: Bank of Canada (latest release) | Speaker: BOC Governor Mark Carney; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 27, 2009 | FF Notes: BOC Governor Feb 2008 - May 2013. Volatility is sometimes experienced during his speeches as traders attempt to decipher interest rate clues. In Nov 2012 it was announced that Carney would head the Bank of England in Jul 2013, thereby also making the pound potentially sensitive to his speeches; | 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 Canada (BOC);
2008-12-17T23:59:59+03:30
All
Low Impact Expected
OPEC Meetings
null
null
null
Source: OPEC (latest release) | Frequency: Twice per year; | Next Release: Mar 15, 2009 | FF Notes: OPEC meetings are usually held in Vienna and are attended by representatives from 12 oil-rich nations. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce. The meetings are closed to the press but officials usually talk with reporters throughout the day, and a formal statement covering policy shifts and meeting objectives is released after the meetings have concluded; | Why Traders Care: OPEC nations represent around 40% of the world's oil supply and are unified in their oil production levels. With so much control over oil's supply-side, shifts in their production levels can have a significant impact on oil prices; | Acro Expand: The Organization of Petroleum Exporting Countries (OPEC);
2008-12-18T00:00:00+03:30
USD
High Impact Expected
Unemployment Claims
554K
558K
575K
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: Dec 24, 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;
2008-12-18T00:00:00+03:30
GBP
Medium Impact Expected
Public Sector Net Borrowing
16.0B
13.5B
3.3B
Source: Office for National Statistics (latest release) | Measures: Difference in value between spending and income for public corporations, the central government, and local governments during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, around 23 days after the month ends; | Next Release: Jan 21, 2009 | FF Notes: A positive number indicates a budget deficit, a negative number indicates a surplus. This figure includes "financial interventions" - there is also a figure released at the same time which excludes them;
2008-12-18T00:00:00+03:30
CAD
Medium Impact Expected
Foreign Securities Purchases
2.85B
-1.00B
-0.27B
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: Jan 19, 2009 | Why Traders Care: Demand for domestic securities and currency demand are directly linked because foreigners must buy the domestic currency to purchase the nation's securities; | Also Called: International Transactions in Securities;
2008-12-18T00:00:00+03:30
USD
Low Impact Expected
CB Leading Index m/m
-0.4%
-0.5%
-0.9%
Source: The Conference Board Inc. (latest release) | Measures: Change in the level of a composite index based on 10 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Jan 26, 2009 | FF Notes: This index is designed to predict the direction of the economy, but it tends to have a muted impact because most of the indicators used in the calculation are released previously. Source changed series calculation formula as of Jan 2012; | Derived Via: Combined reading of 10 economic indicators related to employment, new orders, consumer confidence, housing, stock market prices, credit trends, and interest rate spreads; | Also Called: Leading Indicators; | Acro Expand: The Conference Board (CB);
2008-12-18T00:00:00+03:30
GBP
Low Impact Expected
M4 Money Supply m/m
1.2%
2.0%
2.8%
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: Jan 21, 2009 | FF Notes: Source changed series from preliminary/final format to a single release, as of Nov 2010; | Why Traders Care: It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation;
2008-12-18T00:00:00+03:30
CAD
Medium Impact Expected
Retail Sales m/m
-0.9%
-1.0%
0.9%
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: Jan 22, 2009 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2008-12-18T00:00:00+03:30
CAD
Low Impact Expected
Leading Index m/m
-0.7%
-0.4%
-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: Jan 22, 2009 | FF Notes: Source discontinued this data in May 2012; | Derived Via: Combined reading of 10 economic indicators related to employment, production, new orders, consumer confidence, housing, stock market prices, money supply, and interest rate spreads; | Also Called: Leading Indicators;
2008-12-18T00:00:00+03:30
EUR
Low Impact Expected
Italian Quarterly Unemployment Rate
6.7%
7.0%
6.7%
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: Mar 20, 2009 | 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;
2008-12-18T04:00:00+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: Jan 15, 2009 | 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);
2008-12-18T05:30:00+03:30
NZD
High Impact Expected
ANZ Business Confidence
-35.0
null
-43.0
Source: ANZ (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly around the end of the current month; | Next Release: Feb 26, 2009 | FF Notes: Above 0.0 indicates optimism, below indicates pessimism. There were 2 versions of this report between Apr 2020 - Jun 2021 and Sep 2021 - Nov 2021, Prelim and Final. The 'Previous' listed between that period is the 'Actual' from the Prelim release and therefore the 'History' data appears unconnected; | 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 2,000 businesses which asks respondents to rate the relative 12-month economic outlook;
2008-12-18T10:45:00+03:30
CHF
Low Impact Expected
Trade Balance
2.15B
1.70B
1.95B
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: Feb 3, 2009 | FF Notes: A positive number indicates that more goods were exported than imported. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers;
2008-12-18T11:45:00+03:30
CHF
Medium Impact Expected
Retail Sales y/y
2.9%
1.9%
6.4%
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: Jan 19, 2009 | 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;
2008-12-18T12:30:00+03:30
EUR
High Impact Expected
German ifo Business Climate
82.6
84.0
85.8
Source: ifo Institute (latest release) | Measures: Level of a composite index based on surveyed manufacturers, builders, wholesalers, services, and retailers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Jan 27, 2009 | FF Notes: This survey is highly respected due to its large sample size and historic correlation with German and wider Eurozone economic conditions. It tends to create a hefty market impact upon release. Source changed series from a base year of 2000 to a base year of 2005, as of May 2011, and changed series to include services, as of Apr 2018; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 9,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the next 6 months; | Acro Expand: Information and Forschung (ifo);
2008-12-18T13:00:00+03:30
GBP
High Impact Expected
Retail Sales m/m
0.3%
-0.6%
-0.3%
Source: Office for National Statistics (latest release) | Measures: Change in the total value of inflation-adjusted sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Jan 23, 2009 | FF Notes: Source changed series calculation formula as of Feb 2010; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Sales Volume, All Retailers sales;
2008-12-18T13:30:00+03:30
EUR
Low Impact Expected
Trade Balance
-1.3B
-5.2B
-4.4B
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: Jan 16, 2009 | 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;
2008-12-18T17:00:00+03:30
CAD
High Impact Expected
Core Retail Sales m/m
-1.1%
-0.9%
0.5%
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: Jan 22, 2009 | FF Notes: Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends; | Also Called: Retail Sales Ex Autos;
2008-12-18T18:30:00+03:30
USD
Medium Impact Expected
Philly Fed Manufacturing Index
-32.9
-40.0
-39.3
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: Jan 15, 2009 | 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;
2008-12-18T19:05:00+03:30
USD
Low Impact Expected
Natural Gas Storage
-124B
-112B
-67B
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: Dec 24, 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);
2008-12-18T19:15:00+03:30
USD
Low Impact Expected
President Obama Speaks
null
null
null
FF Notice: Obama was President-Elect at the time of this speech. He officially took office in Jan 2009; | Description: Due to hold a press conference about his economic team appointments, in Chicago; | Source: White House (latest release) | Speaker: US President Barack Obama; | Next Release: Jan 8, 2009 | FF Notes: US President Jan 2009 - Jan 2017. He speaks frequently on a broad range of subjects - only speeches that might have direct market impact are listed on the calendar;
2008-12-18T22:00:00+03:30
USD
Medium Impact Expected
FOMC Member Fisher Speaks
null
null
null
Description: Due to deliver a speech titled "Historical Perspectives on the Current Economic and Financial Crisis" at the World Affairs Council, in Dallas. Audience questions expected; | Source: Federal Reserve Bank of Dallas (latest release) | Speaker: Federal Reserve Bank of Dallas President Richard Fisher; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 12, 2011 | FF Notes: FOMC voting member 2005, 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;
2008-12-19T00:00:00+03:30
JPY
Medium Impact Expected
Monetary Policy Statement
null
null
null
Source: Bank of Japan (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: Jan 22, 2009 | FF Notes: Source does not give an exact release time - the event will be listed as 'Tentative' until the statement is issued. Source first released in Jul 2008. Source changed release frequency from about 14 times per year to eight times per year as of Jan 2016; | Why Traders Care: It's among the primary tools the BOJ uses to communicate with investors about monetary policy. It contains the outcome of their decision on asset purchases and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future votes; | Also Called: Interest Rate Statement; | Acro Expand: Bank of Japan (BOJ);
2008-12-19T00:00:00+03:30
CAD
Medium Impact Expected
CPI m/m
-0.3%
-0.7%
-1.0%
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: Jan 23, 2009 | FF Notes: This is the most important inflation-related release due to its earliness and broad scope. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Derived Via: The average price of various goods and services are sampled and then compared to the previous sampling; | Also Called: All Items CPI; | Acro Expand: Consumer Price Index (CPI);
2008-12-19T01:15:00+03:30
NZD
Low Impact Expected
Visitor Arrivals m/m
0.8%
null
0.7%
Source: Statistics New Zealand (latest release) | Measures: Change in the number of short-term overseas visitors who arrived in the country; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Feb 4, 2009 | Why Traders Care: Tourism plays an important role in the economy - about 7% of the population is employed by the tourism industry, and a sizable portion of the nation's GDP is indirectly related to tourism; | Also Called: International Travel and Migration;
2008-12-19T03:20:00+03:30
JPY
Low Impact Expected
All Industries Activity m/m
-0.5%
-0.8%
0.0%
Source: METI (latest release) | Measures: Change in the total value of goods and services purchased by businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Jan 23, 2009 | FF Notes: Source discontinued this data in Sep 2020; | Why Traders Care: It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their spending can be an early signal of future economic activity such as hiring, earnings, and investment;
2008-12-19T03:31:00+03:30
GBP
Medium Impact Expected
GfK Consumer Confidence
-33
-39
-35
Source: NIQ (latest release) | Measures: Level of a diffusion index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the third Friday of the current month; | Next Release: Jan 30, 2009 | FF Notes: Above 0 indicates optimism, below indicates pessimism; | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 2,000 consumers which asks respondents to rate the relative level of past and future economic conditions, including personal financial situation, climate for major purchases, and overall economic situation;
2008-12-19T04:30:00+03:30
USD
Low Impact Expected
Treasury Sec Paulson Speaks
null
null
null
Description: Due to speak at the Captains of Industry Lecture, in New York; | Source: US Department of the Treasury (latest release) | Speaker: US Treasury Secretary Henry Paulson; | Next Release: Jan 7, 2009 | 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;
2008-12-19T05:35:00+03:30
NZD
Low Impact Expected
Credit Card Spending y/y
-0.7%
null
1.2%
FF Notice: Source released data 5 minutes later than scheduled; | 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: Jan 26, 2009 | Why Traders Care: It's correlated with consumer spending and confidence - rising debt levels are a sign that lenders feel comfortable issuing loans, and that consumers are confident in their financial position and eager to spend money;
2008-12-19T08:35:00+03:30
JPY
High Impact Expected
Overnight Call Rate
0.10%
0.20%
0.30%
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: Jan 22, 2009 | FF Notes: This rate was the BOJ's main operating target from Mar 2006 until it was discontinued in Apr 2013; | Why Traders Care: Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future; | Derived Via: BOJ Policy Board members come to a consensus on where to set the rate; | Also Called: Interest Rates; | Acro Expand: Bank of Japan (BOJ);
2008-12-19T10:30:00+03:30
EUR
Medium Impact Expected
German PPI m/m
-1.5%
-1.0%
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: Jan 21, 2009 | Why Traders Care: It's a leading indicator of consumer inflation - when manufacturers charge more for goods the higher costs are usually passed on to the consumer; | Acro Expand: Producer Price Index (PPI);
2008-12-19T11:05:00+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: Jan 22, 2009 | FF Notes: Source does not give an exact start time - this event will be listed as 'Tentative' until the press conference starts. Source changed release frequency from about 14 times per year to eight times per year as of Jan 2016; | Why Traders Care: It's among the primary methods the BOJ uses to communicate with investors regarding monetary policy. It covers the factors that affected the most recent interest rate decision, the overall economic outlook, inflation, and clues regarding future monetary policy; | Also Called: Interest Rate Press Conference; | Acro Expand: Bank of Japan (BOJ);
2008-12-19T13:00:00+03:30
GBP
Low Impact Expected
Revised Business Investment q/q
-1.3%
-0.2%
-0.2%
Source: Office for National Statistics (latest release) | Measures: Change in the total inflation-adjusted value of capital investments made by businesses and the government; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 90 days after the quarter ends; | Next Release: Mar 26, 2009 | 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 report released about a month 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 - businesses are quickly affected by market conditions, and changes in their investment levels can be an early signal of future economic activity such as hiring, spending, and earnings; | Also Called: Total Business Investment;
2008-12-19T15:30:00+03:30
CAD
High Impact Expected
Core CPI m/m
0.7%
-0.2%
-0.2%
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: Jan 23, 2009 | FF Notes: Volatile items account for about a quarter of CPI but they tend to be very volatile and distort the underlying trend. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported; | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate; | Also Called: CPI Ex Volatile Items; | Acro Expand: Consumer Price Index (CPI);
2008-12-19T17:30:00+03:30
USD
Medium Impact Expected
President Bush Speaks
null
null
null
FF Notice: Statement announcement comes as a surprise from source. Event added to calendar 47 minutes before listed time; | Description: Due to make a statement regarding the auto industry, in Washington DC; | Source: White House (latest release) | Speaker: US President George W. Bush; | Next Release: Jan 12, 2009 | 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;
2008-12-21T19:00:00+03:30
CAD
Low Impact Expected
BOC Financial System Review
null
null
null
Source: Bank of Canada (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released annually; | Next Release: Jun 21, 2009 | Why Traders Care: It's an assessment of conditions in the financial system and potential risks to financial stability - the evidence on strains and imbalances can provide insight into the future of monetary policy; | Acro Expand: Bank of Canada (BOC);
2008-12-22T00:00:00+03:30
JPY
Medium 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: Jan 23, 2009 | 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);
2008-12-22T00:00:00+03:30
EUR
Low Impact Expected
German Import Prices m/m
-3.4%
-2.6%
-3.6%
Source: Destatis (latest release) | Measures: Change in the price of imported goods purchased domestically; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 26 days after the month ends; | Next Release: Jan 27, 2009 | Why Traders Care: It contributes to inflation for businesses and consumers, especially those who rely heavily on imported goods; | Also Called: Import Price Index;
2008-12-22T01:15:00+03:30
NZD
High Impact Expected
Current Account
-5.99B
-6.00B
-3.93B
Source: Statistics New Zealand (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 80 days after the quarter ends; | Next Release: Mar 26, 2009 | FF Notes: This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the data most commonly reported. The goods 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;
2008-12-22T03:20:00+03:30
JPY
Low Impact Expected
Trade Balance
-0.37T
-0.22T
-0.25T
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: Jan 22, 2009 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: Adjusted Merchandise Trade Balance;
2008-12-22T04:00:00+03:30
AUD
Low Impact Expected
New Motor Vehicle Sales m/m
-5.2%
null
-0.5%
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: Jan 22, 2009 | FF Notes: Source discontinued this data in Jan 2018; | Why Traders Care: It's a sign of consumer confidence - rising demand for expensive durable goods shows that consumers are confident in their future financial position and feel comfortable spending money;
2008-12-22T04:30:00+03:30
NZD
Low Impact Expected
Westpac Consumer Sentiment
101.3
null
104.8
Source: Westpac Banking Corporation (latest release) | Measures: Level of a diffusion index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 80 days into the current quarter; | Next Release: Mar 25, 2009 | FF Notes: Above 100.0 indicates optimism, below indicates pessimism; | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 1,500 consumers which asks respondents to rate the relative level of past and future economic conditions, including personal financial situation, climate for major purchases, and overall economic situation; | Also Called: Westpac/McDermott Miller Consumer Confidence;
2008-12-22T08:30:00+03:30
JPY
Medium Impact Expected
BOJ Gov Shirakawa Speaks
null
null
null
Description: Due to speak at the Japan Business Federation, in Tokyo; | Source: Bank of Japan (latest release) | Speaker: BOJ Governor Masaaki Shirakawa; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Dec 22, 2008 | FF Notes: BOJ Governor Apr 2008 - Mar 2013. Volatility is sometimes experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the central bank, which controls short term interest rates, he has important influence over the nation's currency value. Traders scrutinize his speeches as they are often used to drop subtle clues regarding future monetary policy and interest rate shifts; | Acro Expand: Bank of Japan (BOJ);
2008-12-22T10:30:00+03:30
EUR
Medium Impact Expected
German GfK Consumer Climate
2.1
2.1
2.1
Source: NIQ (latest release) | Measures: Level of a composite index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the end of the current month; | Next Release: Jan 28, 2009 | FF Notes: Above 0 indicates optimism, below indicates pessimism; | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 2,000 consumers which asks respondents to rate the relative level of past and future economic conditions, including personal financial situation, climate for major purchases, and overall economic situation; | Also Called: Consumer Sentiment;
2008-12-22T13:00:00+03:30
JPY
Low Impact Expected
BOJ Gov Shirakawa Speaks
null
null
null
Description: Due to speak at the BOJ headquarters, in Tokyo; | Source: Bank of Japan (latest release) | Speaker: BOJ Governor Masaaki Shirakawa; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 8, 2009 | FF Notes: BOJ Governor Apr 2008 - Mar 2013. Volatility is sometimes experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the central bank, which controls short term interest rates, he has important influence over the nation's currency value. Traders scrutinize his speeches as they are often used to drop subtle clues regarding future monetary policy and interest rate shifts; | Acro Expand: Bank of Japan (BOJ);
2008-12-22T13:30:00+03:30
EUR
Medium Impact Expected
Industrial New Orders m/m
-4.7%
-4.0%
-5.4%
Source: Eurostat (latest release) | Measures: Change in the total value of new purchase orders placed with manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 55 days after the month ends; | Next Release: Jan 22, 2009 | FF Notes: Source discontinued this data in May 2012; | Why Traders Care: It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders;
2008-12-22T17:30:00+03:30
EUR
Medium Impact Expected
Belgian NBB Business Climate
-31.3
-26.5
-23.7
FF Notice: 'Actual' data initially misstated, then rectified 60 seconds after release. We regret the error; | Source: National Bank of Belgium (latest release) | Measures: Level of a composite index based on surveyed manufacturers, builders, services, and trade-related firms; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Jan 23, 2009 | FF Notes: Above 0.0 indicates improving conditions, below indicates worsening conditions. This survey is highly respected due to its source and large sample size. Source changed series calculation formula as of April 2009; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 3,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the next 3 months; | Also Called: Business Confidence Gross Synthetic Curve; | Acro Expand: National Bank of Belgium (NBB);
2008-12-23T00:00:00+03:30
EUR
Low Impact Expected
Italian Retail Sales m/m
-0.3%
-0.4%
0.2%
Source: Istat (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Jan 23, 2009 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2008-12-23T00:00:00+03:30
GBP
Low Impact Expected
Final GDP q/q
-0.6%
-0.5%
-0.5%
Source: Office for National Statistics (latest release) | Measures: Change in the inflation-adjusted value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 85 days after the quarter ends; | Next Release: Mar 27, 2009 | FF Notes: The 'Previous' listed is the 'Actual' from the Prelim release and therefore the 'History' data will appear unconnected. There are 2 versions of quarterly GDP released about 45 days apart – Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact; | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Also Called: GDP Second Estimate, National Accounts; | Acro Expand: Gross Domestic Product (GDP);
2008-12-23T00:00:00+03:30
GBP
Low Impact Expected
Index of Services 3m/3m
-0.2%
-0.6%
-0.5%
Source: Office for National Statistics (latest release) | Measures: Change in the total GVA of the private and government services sectors; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Jan 23, 2009 | FF Notes: GVA is the difference between the value of a service provided and the value of the goods and services used to provide the service; | Acro Expand: Gross Value Added (GVA);
2008-12-23T00:00:00+03:30
GBP
Medium Impact Expected
High Street Lending
17.8K
21.0K
20.8K
Source: UK Finance (latest release) | Measures: Number of new mortgages approved for home purchase by High Street banks during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 24 days after the month ends; | Next Release: Jan 26, 2009 | FF Notes: Source discontinued this data in Jan 2020; | Why Traders Care: It's a leading indicator of housing market demand – most home purchases are financed with a mortgage, so it provides an excellent gauge of how many qualified buyers are entering the market; | Also Called: Gross Mortgage Approvals;
2008-12-23T00:00:00+03:30
USD
Low Impact Expected
Richmond Manufacturing Index
-55
-40
-38
Source: Federal Reserve Bank of Richmond (latest release) | Measures: Level of a composite index based on surveyed manufacturers in Richmond; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the fourth Tuesday of the current month; | Next Release: Jan 27, 2009 | FF Notes: Above 0 indicates improving conditions, below indicates worsening conditions. Tends to have a muted impact because there are earlier regional indicators related to manufacturing conditions; | Derived Via: Survey of about 75 manufacturers in the Richmond area which asks respondents to rate the relative level of business conditions including shipments, new orders, and employment; | Also Called: Richmond Fed Index, Manufacturing Activity Index, Composite Manufacturing Index;
2008-12-23T00:00:00+03:30
USD
Low Impact Expected
Final GDP Price Index q/q
3.9%
4.2%
4.2%
Source: Bureau of Economic Analysis (latest release) | Measures: Annualized 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 85 days after the quarter ends; | Next Release: Mar 26, 2009 | FF Notes: While this is q/q data, it's reported in an annualized format (quarterly change x4). The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected; | Also Called: GDP Deflator; | Acro Expand: Gross Domestic Product (GDP);
2008-12-23T00:00:00+03:30
USD
Low Impact Expected
Revised UoM Inflation Expectations
1.7%
null
1.7%
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, usually on the last Friday of the current month; | Next Release: Jan 30, 2009 | 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 data released about 15 days apart – Preliminary and Revised. The Preliminary release is the earliest and thus tends to have more 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 800 consumers which asks respondents where they expect prices to be 12 months in the future; | Acro Expand: University of Michigan (UoM);
2008-12-23T00:00:00+03:30
USD
High Impact Expected
New Home Sales
407K
417K
419K
Source: Census Bureau (latest release) | Measures: Annualized number of new single-family homes that were sold during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the 17th business day after the month ends; | Next Release: Jan 29, 2009 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12); | Why Traders Care: It's a leading indicator of economic health because the sale of a new home triggers a wide-reaching ripple effect. For example, furniture and appliances are purchased for the home, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction; | Also Called: New Residential Sales;
2008-12-23T01:15:00+03:30
NZD
High Impact Expected
GDP q/q
-0.4%
-0.5%
-0.2%
Source: Statistics New Zealand (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 75 days after the quarter ends; | Next Release: Mar 27, 2009 | 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);
2008-12-23T02:30:00+03:30
AUD
Medium Impact Expected
CB Leading Index m/m
-0.5%
null
-0.4%
Source: The Conference Board Inc. (latest release) | Measures: Change in the level of a composite index based on 7 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Jan 30, 2009 | FF Notes: This index is designed to predict the direction of the economy, but it tends to have a muted impact because most of the indicators used in the calculation are released previously; | Derived Via: Combined reading of 7 economic indicators related to money supply, building approvals, profits, exports, inventories, and interest rate spreads; | Also Called: Leading Indicators; | Acro Expand: The Conference Board (CB);
2008-12-23T11:15:00+03:30
EUR
Medium Impact Expected
French Consumer Spending m/m
0.3%
-0.1%
-0.5%
Source: INSEE (latest release) | Measures: Change in the inflation-adjusted value of all goods expenditures by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 27 days after the month ends; | Next Release: Jan 22, 2009 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2008-12-23T12:30:00+03:30
EUR
Medium Impact Expected
Current Account
-6.4B
-7.3B
-8.8B
Source: European Central Bank (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Jan 27, 2009 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. The goods portion has no impact because it's a duplicate of the Trade Balance data released about a week earlier; | Why Traders Care: It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the region;
2008-12-23T13:00:00+03:30
GBP
High Impact Expected
Current Account
-7.7B
-11.9B
-6.4B
Source: Office for National Statistics (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 85 days after the quarter ends; | Next Release: Mar 27, 2009 | FF Notes: The goods 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;
2008-12-23T17:00:00+03:30
USD
Medium Impact Expected
Final GDP q/q
-0.5%
-0.5%
-0.5%
Source: Bureau of Economic Analysis (latest release) | Measures: Annualized 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 85 days after the quarter ends; | Next Release: Mar 26, 2009 | FF Notes: While this is q/q data, it's reported in an annualized format (quarterly change x4). The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 3 versions of GDP released a month apart - Advance, Preliminary, and Final. The Advance 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; | Acro Expand: Gross Domestic Product (GDP);
2008-12-23T18:25:00+03:30
USD
Medium Impact Expected
Revised UoM Consumer Sentiment
60.1
58.5
59.1
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, usually on the last Friday of the current month; | Next Release: Jan 30, 2009 | 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 data released about 15 days apart – Preliminary and Revised. The Preliminary release is the earliest and thus tends to have more 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 800 consumers which asks respondents to rate the relative level of current and future economic conditions; | Acro Expand: University of Michigan (UoM);
2008-12-23T18:30:00+03:30
USD
High Impact Expected
Existing Home Sales
4.49M
4.90M
4.91M
Source: National Association of Realtors (latest release) | Measures: Annualized number of residential buildings that were sold during the previous month, excluding new construction; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Jan 26, 2009 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12); | Why Traders Care: It's a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction; | Also Called: Home Resales;
2008-12-23T18:32:00+03:30
USD
Low Impact Expected
HPI m/m
-1.1%
-1.3%
-1.3%
FF Notice: Source released data 2 minutes later than scheduled; | Source: FHFA (latest release) | Measures: Change in the purchase price of homes with mortgages backed by Fannie Mae and Freddie Mac; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 60 days after the month ends; | Next Release: Jan 22, 2009 | FF Notes: Source began m/m frequency in Mar 2008; | Why Traders Care: It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity; | Acro Expand: House Price Index (HPI);
2008-12-23T21:00:00+03:30
EUR
Medium Impact Expected
ECB President Trichet Speaks
null
null
null
Description: Due to speak at the Libres Echanges Conference, in Paris; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Dec 31, 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);
2008-12-23T23:59:59+03:30
JPY
Non-Economic
Bank Holiday
null
null
null
Description: Japanese banks will be closed in observance of The Emperor's Birthday; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Dec 31, 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;
2008-12-24T00:00:00+03:30
USD
Medium Impact Expected
Core PCE Price Index m/m
0.0%
0.0%
0.0%
Source: Bureau of Economic Analysis (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 30 days after the month ends; | Next Release: Feb 2, 2009 | FF Notes: Differs from Core CPI in that it only measures goods and services targeted towards and consumed by individuals. Prices are weighted according to total expenditure per item which gives important insights into consumer spending behavior. CPI is released about 10 days earlier and tends to garner most of the attention; | Why Traders Care: It's the Federal Reserve's primary inflation measure. 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: Personal Consumption Expenditures (PCE), Consumer Price Index (CPI);
2008-12-24T00:00:00+03:30
USD
High Impact Expected
Unemployment Claims
586K
552K
556K
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: Dec 31, 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;
2008-12-24T00:00:00+03:30
USD
High Impact Expected
Core Durable Goods Orders m/m
1.2%
-3.0%
-6.8%
Source: Census Bureau (latest release) | Measures: Change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 26 days after the month ends; | Next Release: Jan 29, 2009 | FF Notes: This data is usually revised via the Factory Orders report released about a week later. Orders for aircraft are volatile and can severely distort the underlying trend. The Core data is therefore thought to be a better gauge of purchase order trends; | Why Traders Care: It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders; | Also Called: Durable Goods Orders Ex Transportation;
2008-12-24T00:00:00+03:30
USD
Low Impact Expected
Personal Income m/m
-0.2%
0.1%
0.1%
Source: Bureau of Economic Analysis (latest release) | Measures: Change in the total value of income received from all sources by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Feb 2, 2009 | Why Traders Care: Income is correlated with spending - the more disposable income consumers have, the more likely they are to increase spending; | Also Called: Disposable Personal Income;
2008-12-24T00:00:00+03:30
USD
Medium Impact Expected
Personal Spending m/m
-0.6%
-0.8%
-1.0%
Source: Bureau of Economic Analysis (latest release) | Measures: Change in the inflation-adjusted value of all expenditures by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Feb 2, 2009 | FF Notes: This is significant data, though it tends to have a relatively mild impact because Retail Sales, which also covers consumer spending, is released about 2 weeks earlier; | Why Traders Care: Consumer spending accounts for a majority of overall economic activity. It's one of the most important gauges of economic health due to the vast ripple effect consumer buying creates in the economy; | Also Called: Consumer Spending, Personal Consumption Expenditures;
2008-12-24T00:00:00+03:30
USD
Medium Impact Expected
Durable Goods Orders m/m
-1.0%
-3.2%
-8.4%
Source: Census Bureau (latest release) | Measures: Change in the total value of new purchase orders placed with manufacturers for durable goods; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 26 days after the month ends; | Next Release: Jan 29, 2009 | FF Notes: This data is usually revised via the Factory Orders report released about a week later. Durable goods are defined as hard products having a life expectancy of more than 3 years, such as automobiles, computers, appliances, and airplanes; | Why Traders Care: It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders;
2008-12-24T03:20:00+03:30
JPY
Medium Impact Expected
BSI Manufacturing Index
-44.5
-12.0
-10.0
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: Mar 23, 2009 | 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);
2008-12-24T11:30:00+03:30
CHF
Low Impact Expected
SNB Quarterly Bulletin
null
null
null
Source: Swiss National Bank (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released quarterly; | Next Release: Mar 26, 2009 | FF Notes: Tends to have a mild impact because much of the information is released 2 weeks earlier in the Monetary Policy Assessment; | Acro Expand: Swiss National Bank (SNB);
2008-12-24T17:00:00+03:30
CAD
High Impact Expected
GDP m/m
-0.1%
-0.3%
0.1%
Source: Statistics Canada (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 monthly, about 60 days after the month ends; | Next Release: Jan 30, 2009 | 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);
2008-12-24T19:05:00+03:30
USD
Medium Impact Expected
Crude Oil Inventories
-3.1M
0.4M
0.5M
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: Dec 31, 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);
2008-12-24T20:30:00+03:30
USD
Low Impact Expected
Natural Gas Storage
-147B
-139B
-124B
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: Dec 31, 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);
2008-12-24T23:59:59+03:30
NZD
Non-Economic
Bank Holiday
null
null
null
Description: New Zealand banks will be closed in observance of Christmas 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;
2008-12-24T23:59:59+03:30
EUR
Non-Economic
German Bank Holiday
null
null
null
Description: German banks will be closed in observance of Christmas Eve; | 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;
2008-12-25T00:00:00+03:30
JPY
Low Impact Expected
SPPI y/y
-1.9%
-1.9%
-1.4%
Source: Bank of Japan (latest release) | Measures: Change in the price of services purchased by corporations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 25 days after the month ends; | Next Release: Jan 27, 2009 | Why Traders Care: It's a leading indicator of consumer inflation - when corporations pay more for services the higher costs are usually passed on to the consumer; | Also Called: CSPI; | Acro Expand: Services Producer Price Index (SPPI), Corporate Services Price Index (CSPI);
2008-12-25T03:20:00+03:30
JPY
Medium Impact Expected
Monetary Policy Meeting Minutes
null
null
null
Source: Bank of Japan (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year, around 45 days after the Monetary Policy Statement is released; | Next Release: Jan 27, 2009 | FF Notes: Source changed release frequency from about 14 times per year to eight times per year as of Jan 2016; | Why Traders Care: It's a detailed record of the BOJ Policy Board's meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates; | Acro Expand: Bank of Japan (BOJ);
2008-12-25T08:30:00+03:30
JPY
Low Impact Expected
Housing Starts y/y
0.0%
8.0%
19.8%
Source: MLIT (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 monthly, about 30 days after the month ends; | Next Release: Jan 30, 2009 | Why Traders Care: It's a leading indicator of economic health because building construction produces a wide-reaching ripple effect. For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder; | Acro Expand: Ministry of Land, Infrastructure, Transport, and Tourism (MILT);
2008-12-25T23:59:59+03:30
USD
Non-Economic
Bank Holiday
null
null
null
Description: US banks will be closed in observance of Christmas Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Jan 1, 2009 | 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;
2008-12-25T23:59:59+03:30
AUD
Non-Economic
Bank Holiday
null
null
null
Description: Australian banks will be closed in observance of Christmas Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Dec 26, 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;
2008-12-25T23:59:59+03:30
NZD
Non-Economic
Bank Holiday
null
null
null
Description: New Zealand banks will be closed in observance of Boxing Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Dec 31, 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;
2008-12-25T23:59:59+03:30
CAD
Non-Economic
Bank Holiday
null
null
null
Description: Canadian banks will be closed in observance of Christmas Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Dec 26, 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;
2008-12-25T23:59:59+03:30
EUR
Non-Economic
Italian Bank Holiday
null
null
null
FF Notice: The European Central Bank's Trans-European Automated Real-time Gross Settlement Express Transfer (TARGET) system will be closed for this holiday, which tends to have a substantial impact on liquidity; | Description: Italian banks will be closed in observance of Christmas Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Dec 26, 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;
2008-12-25T23:59:59+03:30
EUR
Non-Economic
German Bank Holiday
null
null
null
FF Notice: The European Central Bank's Trans-European Automated Real-time Gross Settlement Express Transfer (TARGET) system will be closed for this holiday, which tends to have a substantial impact on liquidity; | Description: German banks will be closed in observance of Christmas Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Dec 26, 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;
2008-12-25T23:59:59+03:30
EUR
Non-Economic
French Bank Holiday
null
null
null
FF Notice: The European Central Bank's Trans-European Automated Real-time Gross Settlement Express Transfer (TARGET) system will be closed for this holiday, which tends to have a substantial impact on liquidity; | Description: French banks will be closed in observance of Christmas Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Jan 1, 2009 | 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;
2008-12-25T23:59:59+03:30
GBP
Non-Economic
Bank Holiday
null
null
null
Description: UK banks will be closed in observance of Christmas Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Dec 26, 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;
2008-12-25T23:59:59+03:30
CHF
Non-Economic
Bank Holiday
null
null
null
Description: Swiss banks will be closed in observance of Christmas Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Dec 26, 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;
2008-12-26T00:00:00+03:30
JPY
Low Impact Expected
National Core CPI y/y
1.0%
1.1%
1.9%
Source: Statistics Bureau (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding fresh food; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the third Friday of the following month; | Next Release: Jan 30, 2009 | Also Called: Core CPI, National CPI Ex Fresh Food; | Acro Expand: Consumer Price Index (CPI);
2008-12-26T00:00:00+03:30
JPY
Medium Impact Expected
Tokyo Core CPI y/y
0.8%
0.8%
1.1%
Source: Statistics Bureau (latest release) | Measures: Change in the price of goods and services purchased by consumers in Tokyo, excluding fresh food; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the last Friday of the current month; | Next Release: Jan 30, 2009 | FF Notes: Tokyo is Japan's most populated city and releases CPI data a month ahead of National CPI. This early data is thought to be the most important consumer inflation release. The impact tends to be mild but varies from month to month; | 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 tighten monetary policy out of respect for their inflation containment mandate; | Also Called: Tokyo CPI Ex Fresh Food; | Acro Expand: Consumer Price Index (CPI);
2008-12-26T00:00:00+03:30
JPY
Low Impact Expected
Unemployment Rate
3.9%
4.0%
3.7%
Source: Statistics Bureau (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 30 days after the month ends; | Next Release: Jan 30, 2009 | FF Notes: Tends to have a muted impact relative to employment data from other countries because the Japanese economy is more reliant on the industrial sector than personal spending; | Also Called: Jobless Rate;
2008-12-26T00:00:00+03:30
JPY
Medium Impact Expected
Retail Sales y/y
-0.9%
-1.4%
-0.7%
Source: METI (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 27 days after the month ends; | Next Release: Jan 29, 2009 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Retail Trade;
2008-12-26T02:45:00+03:30
JPY
Low Impact Expected
Final Manufacturing PMI
30.8
null
36.7
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the first business day after the month ends; | Next Release: Jan 30, 2009 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. 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 a week apart – Flash and Final. The Flash release, which the source first reported in May 2014, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy; | Derived Via: Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Also Called: Jibun Bank Manufacturing PMI; | Acro Expand: Purchasing Managers' Index (PMI);
2008-12-26T03:00:00+03:30
JPY
Medium Impact Expected
Household Spending y/y
-0.5%
-3.7%
-3.8%
Source: Statistics Bureau (latest release) | Measures: Change in the inflation-adjusted value of all expenditures by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Jan 30, 2009 | Why Traders Care: Consumer spending accounts for a majority of overall economic activity. It's one of the most important gauges of economic health due to the vast ripple effect consumer buying creates in the economy;
2008-12-26T03:20:00+03:30
JPY
Medium Impact Expected
Prelim Industrial Production m/m
-8.1%
-6.8%
-3.1%
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 30 days after the month ends; | Next Release: Jan 30, 2009 | FF Notes: 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;