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
2009-01-07T20:30:00+03:30
USD
Low Impact Expected
Treasury Sec Paulson Speaks
null
null
null
Description: Due to speak about the role of the GSEs in supporting the housing recovery at the Economic Club, in Washington DC; | Source: US Department of the Treasury (latest release) | Speaker: US Treasury Secretary Henry Paulson; | 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;
2009-01-08T00:00:00+03:30
EUR
Low Impact Expected
Unemployment Rate
7.8%
7.8%
7.7%
Source: Eurostat (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 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, Eurozone Unemployment;
2009-01-08T00:00:00+03:30
EUR
Low Impact Expected
Final GDP q/q
-0.2%
-0.2%
-0.2%
Source: Eurostat (latest release) | Measures: Change in the inflation-adjusted value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 105 days after the quarter ends; | Next Release: Apr 7, 2009 | FF Notes: Source discontinued this data in Jul 2014. The 'Previous' listed is the 'Actual' from the Revised release and therefore the 'History' data will appear unconnected. There are 3 versions of GDP released about a month apart - Flash, Revised, and Final. The Flash release is the earliest and thus tends to have the most impact; | Acro Expand: Gross Domestic Product (GDP);
2009-01-08T00:00:00+03:30
AUD
High Impact Expected
Goods Trade Balance
1.45B
2.05B
2.96B
Source: Australian Bureau of Statistics (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 3, 2009 | FF Notes: Source changed series from balance in goods and services to balance in goods as of Nov 2023. 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: International Trade in Goods;
2009-01-08T00:00:00+03:30
GBP
High Impact Expected
Official Bank Rate
1.50%
1.50%
2.00%
Source: Bank of England (latest release) | Measures: Interest rate at which the BOE lends to financial institutions overnight; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled monthly; | Next Release: Feb 5, 2009 | FF Notes: The rate decision is usually priced in the market, so it tends to be overshadowed by the Monetary Policy Summary, 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: MPC members vote on where to set the rate. The individual votes are published 2 weeks later in the MPC Meeting Minutes; | Also Called: Interest Rates; | Acro Expand: Bank of England (BOE), Monetary Policy Committee (MPC);
2009-01-08T02:00:00+03:30
AUD
Low Impact Expected
AIG Construction Index
30.9
null
32.0
Source: Australian Industry Group (latest release) | Measures: Level of a diffusion index based on surveyed construction companies; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third business day after the month ends; | Next Release: Feb 6, 2009 | FF Notes: Source discontinued this data in Dec 2022; | Derived Via: Survey of about 200 construction companies 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 Construction Index; | Acro Expand: Australian Industry Group (AIG);
2009-01-08T04:00:00+03:30
AUD
High Impact Expected
Building Approvals m/m
-12.8%
-1.4%
-3.1%
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the number of new building approvals issued; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Feb 4, 2009 | Why Traders Care: It's an excellent gauge of future construction activity because obtaining government approval is among the first steps in constructing a new building. Construction is important because it produces a wide-reaching ripple effect - for example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various services are purchased by the builder;
2009-01-08T04:30:00+03:30
JPY
Medium Impact Expected
BOJ Gov Shirakawa Speaks
null
null
null
FF Notice: Speech announcement comes as a surprise from source. Event added to calendar 12 minutes before listed time; | Description: Due to speak about economy at the Parliament, 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 16, 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);
2009-01-08T07:15:00+03:30
JPY
Low Impact Expected
10-y Bond Auction
1.28|2.3
null
1.38|2.9
Source: Ministry of Finance (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: Conducted monthly; | Next Release: Feb 3, 2009 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted); | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: JGB Auction; | Acro Expand: Japanese Government Bond (JGB);
2009-01-08T10:15:00+03:30
CHF
Low Impact Expected
Unemployment Rate
2.8%
2.8%
2.7%
Source: SECO (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 9 days after the month ends; | Next Release: Feb 6, 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; | 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;
2009-01-08T10:30:00+03:30
EUR
Low Impact Expected
German Trade Balance
10.7B
14.0B
15.8B
Source: Destatis (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 9, 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: Foreign Trade;
2009-01-08T11:30:00+03:30
EUR
Low Impact Expected
Spanish Unemployment Change
139.7K
null
171.2K
Source: Ministry of Employment (latest release) | Measures: Change in the number of unemployed people during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 3 days after the month ends; | Next Release: Feb 3, 2009 | FF Notes: This is among the few non-seasonally adjusted numbers reported on the calendar; | 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 Claims, Registered Unemployment, Total Jobseekers;
2009-01-08T11:45:00+03:30
CHF
Medium Impact Expected
CPI m/m
-0.5%
-0.4%
-0.7%
FF Notice: Initial release time was shifted 90 minutes later due to source rescheduling; | Source: Federal Statistical Office (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 3 days after the month ends; | Next Release: Feb 10, 2009 | FF Notes: This is the earliest major inflation data released by any country, coming just days after the month ends; | 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);
2009-01-08T13:30:00+03:30
EUR
Low Impact Expected
Consumer Confidence
-30
-26
-25
Source: Eurostat (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, around 22 days into the current month; | Next Release: Jan 29, 2009 | FF Notes: Above 0 indicates optimism, below indicates pessimism. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Jan 2010, is the earliest and thus tends to have the most impact. The Final is not reported for lack of significance; | 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 17,500 consumers in Eurozone countries which asks respondents to rate the relative level of past and future economic conditions, including personal financial situation, employment, inflation, and climate for major purchases;
2009-01-08T13:33:00+03:30
EUR
Low Impact Expected
French 10-y Bond Auction
3.67|1.6
null
4.28|3.1
Source: French Treasury Agency (latest release) | Measures: Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Variable, about 11 times per year; | Next Release: Feb 5, 2009 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted). Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: OATs Auction; | Acro Expand: Obligations Assimilables du Trésor (OAT);
2009-01-08T14:30:00+03:30
EUR
Medium Impact Expected
German Factory Orders m/m
-6.0%
-1.8%
-6.3%
Source: Destatis (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 35 days after the month ends; | Next Release: Feb 5, 2009 | 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: Industrial Orders, Manufacturing Orders;
2009-01-08T15:30:00+03:30
GBP
High Impact Expected
MPC Rate Statement
null
null
null
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released with Official Bank Rate when the rate changes; | Next Release: Feb 5, 2009 | FF Notes: Listed as a 'Tentative' event because a statement is usually only issued if the Official Bank Rate or Asset Purchase Facility changes (except under extreme conditions). If a statement is not issued this event will be removed from the calendar immediately following the rate release. If issued, the Tentative mark will be discarded; | Why Traders Care: It's among the primary tools the MPC 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; | Acro Expand: Monetary Policy Committee (MPC);
2009-01-08T17:00:00+03:30
USD
High Impact Expected
Unemployment Claims
467K
545K
491K
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: Jan 15, 2009 | 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;
2009-01-08T18:30:00+03:30
CAD
High Impact Expected
Ivey PMI
39.1
37.5
40.2
Source: Richard Ivey School of Business (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 5 days after the month ends; | Next Release: Feb 5, 2009 | FF Notes: Above 50.0 indicates industry expansion, below indicates contraction. Source changed series from non-seasonally adjusted to seasonally adjusted as of Mar 2011; | 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 175 purchasing managers, selected geographically and by sector of activity to match the economy as a whole, which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Acro Expand: Purchasing Managers' Index (PMI);
2009-01-08T19:00:00+03:30
USD
Low Impact Expected
Natural Gas Storage
-47B
-78B
-143B
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: Jan 15, 2009 | 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);
2009-01-08T19:30:00+03:30
USD
Medium 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 speak about his proposed American Recovery and Reinvestment Plan at the George Mason University, in Fairfax; | Source: White House (latest release) | Speaker: US President Barack Obama; | Next Release: Feb 10, 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;
2009-01-08T21:20:00+03:30
CAD
Medium Impact Expected
Gov Council Member Duguay Speaks
null
null
null
FF Notice: Text of the speech due to be released 15 minutes earlier than the speaking time listed; | Description: Due to speak about financial stability through risk management at the Risk Management Association, in Toronto; | Source: Bank of Canada (latest release) | Speaker: BOC Deputy Governor Pierre Duguay; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Mar 5, 2009 | FF Notes: Governing Council member Jan 2000 - Jul 2010; | Why Traders Care: BOC Governing Council members are responsible for setting the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Bank of Canada (BOC);
2009-01-08T21:30:00+03:30
USD
Medium Impact Expected
10-y Bond Auction
2.42|2.6
null
2.67|2.4
Source: Treasury Direct (latest release) | Measures: Highest yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Conducted monthly; | Next Release: Feb 11, 2009 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the highest interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted); | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: Treasury Auction, Note Auction;
2009-01-08T22:00:00+03:30
USD
Low Impact Expected
Assist Treasury Sec Kashkari Speaks
null
null
null
Description: Due to speak about TARP implementation at the Brookings Institution, in Washington DC; | Source: US Department of the Treasury (latest release) | Speaker: Interim Assistant Secretary for Financial Stability Neel Kashkari; | Next Release: Jan 13, 2009 | Why Traders Care: He oversees implementation of the $700 billion TARP initiative and is involved in the details of how the money is used to strengthen the banking sector and bring liquidity to credit markets; | Acro Expand: Troubled Asset Relief Program (TARP);
2009-01-08T22:30:00+03:30
EUR
Medium Impact Expected
ECB President Trichet Speaks
null
null
null
FF Notice: Speech time initially misstated 36 hours earlier than source’s schedule. We regret the error; | Description: Due to speak at the state ceremony "Goodbye Koruna, Welcome Euro" celebrating Slovakia's entry into the euro, in Bratislava; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Jan 9, 2009 | 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);
2009-01-08T23:30:00+03:30
USD
Low Impact Expected
Consumer Credit m/m
-7.9B
0.0B
-2.8B
Source: Federal Reserve (latest release) | Measures: Change in the total value of outstanding consumer credit that requires installment payments; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 6, 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;
2009-01-09T00:00:00+03:30
USD
High Impact Expected
Non-Farm Employment Change
-524K
-520K
-584K
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the number of employed people during the previous month, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the first Friday after the month ends; | Next Release: Feb 6, 2009 | 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; | Also Called: Non-Farm Payrolls, NFP, Employment Change;
2009-01-09T00:00:00+03:30
GBP
Low Impact Expected
PPI Output m/m
0.0%
-0.7%
-0.8%
Source: Office for National Statistics (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 15 days after the month ends; | Next Release: Feb 6, 2009 | FF Notes: Only includes goods produced domestically; | Also Called: Factory Gate Prices; | Acro Expand: Producer Price Index (PPI);
2009-01-09T00:00:00+03:30
EUR
Low Impact Expected
French Trade Balance
-6.2B
-6.2B
-7.0B
Source: Ministry for the Economy and Finance (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 6, 2009 | FF Notes: A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: Foreign Trade;
2009-01-09T00:00:00+03:30
CAD
High Impact Expected
Unemployment Rate
6.6%
6.5%
6.3%
Source: Statistics Canada (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 8 days after the month ends; | Next Release: Feb 6, 2009 | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions; | Also Called: Jobless Rate;
2009-01-09T00:00:00+03:30
USD
High Impact Expected
Unemployment Rate
7.2%
7.0%
6.7%
Source: Bureau of Labor 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, usually on the first Friday after the month ends; | Next Release: Feb 6, 2009 | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy; | Also Called: Jobless Rate;
2009-01-09T00:00:00+03:30
USD
Medium Impact Expected
Average Hourly Earnings m/m
0.3%
0.2%
0.4%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price businesses pay for labor, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the first Friday after the month ends; | Next Release: Feb 6, 2009 | FF Notes: This is the earliest data related to labor inflation. Source changed series calculation formula as of Feb 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;
2009-01-09T00:00:00+03:30
GBP
High Impact Expected
PPI Input m/m
-2.0%
-2.0%
-3.0%
Source: Office for National Statistics (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 15 days after the month ends; | Next Release: Feb 6, 2009 | 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; | Acro Expand: Producer Price Index (PPI), Consumer Price Index (CPI);
2009-01-09T00:00:00+03:30
GBP
Low Impact Expected
Industrial Production m/m
-2.3%
-0.5%
-1.6%
Source: Office for National Statistics (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 6, 2009 | FF Notes: Mines and utilities make up around 20% of total production, so this data tends to be overshadowed by Manufacturing Production which makes up the other 80%; | 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;
2009-01-09T08:30:00+03:30
JPY
Low Impact Expected
Leading Indicators
81.5%
81.4%
85.2%
Source: Cabinet Office (latest release) | Measures: Level of a composite index based on 11 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 6, 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. There's a revised version of this indicator released about 20 days later, but it's not included for lack of significance. Source changed series from a diffusion index to a composite index as of Jun 2008 and changed series calculation formula as of Jul 2023; | Derived Via: Combined reading of 11 economic indicators related to employment, production, new orders, consumer confidence, housing, stock prices, money supply, and interest rate spreads;
2009-01-09T10:30:00+03:30
EUR
Medium Impact Expected
German Retail Sales m/m
0.7%
0.4%
-2.2%
Source: Destatis (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: Feb 3, 2009 | 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;
2009-01-09T11:15:00+03:30
EUR
Medium Impact Expected
French Industrial Production m/m
-2.4%
-0.7%
-3.7%
Source: INSEE (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 10, 2009 | 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;
2009-01-09T11:30:00+03:30
EUR
Medium Impact Expected
ECB President Trichet Speaks
null
null
null
Description: Due to participate in a panel discussion titled "New World, New Capitalism," in Paris; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Jan 12, 2009 | 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);
2009-01-09T13:00:00+03:30
GBP
High Impact Expected
Manufacturing Production m/m
-2.9%
-0.5%
-1.4%
Source: Office for National Statistics (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 6, 2009 | FF Notes: Manufacturing makes up around 80% of total Industrial Production and tends to dominate the market 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; | Also Called: Factory production;
2009-01-09T13:30:00+03:30
EUR
Medium Impact Expected
Retail Sales m/m
0.6%
0.1%
-1.0%
Source: Eurostat (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 35 days after the month ends; | Next Release: Feb 4, 2009 | FF Notes: Tends to have a relatively muted impact because Germany and France, which account for about half of the Eurozone's economy, release earlier consumer spending data; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2009-01-09T14:30:00+03:30
EUR
Medium Impact Expected
German Industrial Production m/m
-3.1%
-2.0%
-1.8%
Source: Destatis (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 6, 2009 | 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;
2009-01-09T15:30:00+03:30
CAD
High Impact Expected
Employment Change
-34.4K
-21.0K
-70.6K
Source: Statistics Canada (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 8 days after the month ends; | Next Release: Feb 6, 2009 | 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;
2009-01-09T16:45:00+03:30
CAD
High Impact Expected
Housing Starts
177K
170K
178K
Source: CMHC (latest release) | Measures: Annualized number of new residential buildings that began construction during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Feb 9, 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 building construction produces a wide-reaching ripple effect. For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder; | Acro Expand: Canada Mortgage and Housing Corporation (CMHC);
2009-01-09T17:00:00+03:30
CAD
High Impact Expected
Building Permits m/m
-11.8%
-4.5%
-15.5%
Source: Statistics Canada (latest release) | Measures: Change in the total value of new building permits issued; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 5, 2009 | 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;
2009-01-09T18:30:00+03:30
USD
Low Impact Expected
Final Wholesale Inventories m/m
-0.6%
-0.8%
-1.2%
Source: Census Bureau (latest release) | Measures: Change in the total value of goods held in inventory by wholesalers; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 10, 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 indicator released about a week apart - Preliminary and Final. The Preliminary release, which the source first reported in Aug 2016, is the earliest and thus tends to have the most impact; | Why Traders Care: It's a signal of future business spending because companies are more likely to purchase goods once they have depleted inventories;
2009-01-09T21:00:00+03:30
USD
Medium Impact Expected
FOMC Member Lacker Speaks
null
null
null
Description: Due to speak about financial conditions and the economic outlook at the Maryland Bankers Association, in Linthicum. Audience questions expected; | Source: Federal Reserve Bank of Richmond (latest release) | Speaker: Federal Reserve Bank of Richmond President Jeffrey Lacker; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 14, 2009 | FF Notes: FOMC voting member 2006, 2009, 2012, and 2015; | 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;
2009-01-10T03:31:00+03:30
GBP
Low Impact Expected
NIESR GDP Estimate
-1.5%
null
-1.1%
Source: NIESR (latest release) | Measures: Change in the estimated value of all goods and services produced by the economy during the previous 3 months; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 10 days after the month ends; | Next Release: Feb 7, 2009 | FF Notes: NIESR estimates GDP data on a monthly basis in an effort to predict the quarterly government-released data. Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Acro Expand: National Institute of Economic and Social Research (NIESR), Gross Domestic Product (GDP);
2009-01-12T04:00:00+03:30
AUD
Medium Impact Expected
ANZ Job Advertisements m/m
-9.7%
null
-8.6%
Source: ANZ (latest release) | Measures: Change in the number of jobs advertised in the major daily newspapers and websites covering the capital cities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the first Monday after the month ends; | Next Release: Feb 9, 2009 | FF Notes: This data tends to have more impact when it's released ahead of the government employment data rather than after; | Acro Expand: Australia and New Zealand Banking Group (ANZ);
2009-01-12T10:30:00+03:30
EUR
Medium Impact Expected
ECB President Trichet Speaks
null
null
null
Description: Due to hold a press conference after the BIS Meeting, in Basel; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Jan 13, 2009 | 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);
2009-01-12T17:00:00+03:30
CAD
Low Impact Expected
NHPI m/m
-0.3%
-0.3%
-0.4%
Source: Statistics Canada (latest release) | Measures: Change in the selling price of new homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Feb 11, 2009 | Why Traders Care: It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity; | Acro Expand: New Housing Price Index (NHPI);
2009-01-12T17:45:00+03:30
USD
Low Impact Expected
President Bush Speaks
null
null
null
FF Notice: Press conference announcement comes as a surprise from source. Event added to calendar 85 minutes before listed time; | Description: Due to hold a press conference about the economy, in Washington DC; | Source: White House (latest release) | Speaker: US President George W. Bush; | 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;
2009-01-12T19:00:00+03:30
CAD
High Impact Expected
BOC Business Outlook Survey
null
null
null
Source: Bank of Canada (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released quarterly; | Next Release: Apr 13, 2009 | FF Notes: This report is highly respected given its source and timing in relation to interest rate decisions. It can also have predictive qualities regarding future economic conditions because the surveyed firms are selected in accordance with their composition of the nation's GDP; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 1,000 businesses which asks respondents to rate the relative level of general business conditions, such as sales growth, investment in machinery, employment, inflation expectations, and credit conditions; | Also Called: Senior Loan Officer Survey; | Acro Expand: Bank of Canada (BOC);
2009-01-12T21:10:00+03:30
USD
Medium Impact Expected
FOMC Member Lockhart Speaks
null
null
null
Description: Due to speak about the economic outlook at the Rotary Club, in Atlanta. Audience questions expected; | Source: Federal Reserve Bank of Atlanta (latest release) | Speaker: Federal Reserve Bank of Atlanta President Dennis Lockhart; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 15, 2009 | FF Notes: FOMC voting member 2009, 2012, and 2015; | 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;
2009-01-12T23:59:59+03:30
JPY
Non-Economic
Bank Holiday
null
null
null
Description: Japanese banks will be closed in observance of Coming-of-Age Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Feb 11, 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;
2009-01-13T00:00:00+03:30
GBP
Medium Impact Expected
RICS House Price Balance
-74%
-74%
-76%
Source: RICS (latest release) | Measures: Level of a diffusion index based on surveyed property surveyors; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Feb 10, 2009 | FF Notes: Data represents the percentage of surveyors reporting a price increase in their designated area. Above 0.0% indicates more surveyors reported a rise in prices, below indicates more reported a fall; | Why Traders Care: It's a leading indicator of housing inflation because surveyors have access to the most recent price data by virtue of their job; | Acro Expand: Royal Institution of Chartered Surveyors (RICS);
2009-01-13T00:00:00+03:30
JPY
Low Impact Expected
M2 Money Stock y/y
1.8%
1.7%
1.8%
Source: Bank of Japan (latest release) | Measures: Change in the total quantity of domestic currency in circulation and deposited in banks; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Feb 9, 2009 | FF Notes: Much of this data is released in the Monetary Base report about a week earlier; | 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;
2009-01-13T00:00:00+03:30
USD
High Impact Expected
Trade Balance
-40.4B
-51.4B
-56.7B
Source: Bureau of Economic Analysis (latest release) | Measures: Difference in value between imported and exported goods and services during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 11, 2009 | FF Notes: The goods portion has a muted impact because it's a duplicate of the Goods Trade Balance data released about 5 days earlier. A positive number indicates that more goods and services were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: International Trade in Goods and Services;
2009-01-13T00:00:00+03:30
USD
Medium Impact Expected
FOMC Member Kohn Speaks
null
null
null
Description: Due to testify on Troubled Asset Relief Program before the Committee on Financial Services, in Washington DC; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Donald Kohn; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Mar 5, 2009 | FF Notes: FOMC voting member Aug 2002 - Sep 2010; | Why Traders Care: Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy;
2009-01-13T00:00:00+03:30
USD
Low Impact Expected
RCM/TIPP Economic Optimism
45.4
43.5
45.0
Source: RealClearMarkets (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, around the start of the current month; | Next Release: Feb 10, 2009 | FF Notes: Above 50.0 indicates optimism, below indicates pessimism. Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Derived Via: Survey of about 1,500 consumers which asks respondents to rate the relative level of economic conditions including six-month economic outlook, personal financial outlook, and confidence in federal economic policies; | Also Called: RCM/TIPP Consumer Confidence; | Acro Expand: RealClearMarkets (RCM), TechnoMetrica Institute of Policy and Politics (TIPP);
2009-01-13T00:00:00+03:30
JPY
Low Impact Expected
Current Account
0.65T
0.62T
1.11T
Source: Ministry of Finance (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 9, 2009 | FF Notes: The goods portion has no impact because it's a duplicate of the Trade Balance data released about 20 days earlier; | Why Traders Care: It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the country; | Also Called: Adjusted Current Account;
2009-01-13T00:00:00+03:30
CNY
Low Impact Expected
M2 Money Supply y/y
17.8%
15.0%
14.8%
Source: People's Bank of China (latest release) | Measures: Change in the total quantity of domestic currency in circulation and deposited in banks; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Feb 12, 2009 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released; | Why Traders Care: It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation; | Also Called: Broad Money;
2009-01-13T00:30:00+03:30
NZD
High Impact Expected
NZIER Business Confidence
-64
null
-19
Source: NZIER (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers, builders, wholesalers, retailers, and service providers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, on the first or second Tuesday after the quarter ends; | Next Release: Apr 7, 2009 | FF Notes: Above 0 indicates optimism, below indicates pessimism. Source changed series from seasonally adjusted to non-seasonally adjusted as of Jul 2003. Report is only available to NZIER members; | 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 4,300 businesses which asks respondents to rate the relative 6-month economic outlook; | Also Called: Survey of Business Opinion; | Acro Expand: New Zealand Institute of Economic Research (NZIER);
2009-01-13T03:20:00+03:30
JPY
Low Impact Expected
Bank Lending y/y
3.7%
null
3.2%
Source: Bank of Japan (latest release) | Measures: Change in the total value of outstanding bank loans issued to consumers and businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 9 days after the month ends; | Next Release: Feb 9, 2009 | Why Traders Care: Borrowing and spending are positively correlated - consumers and businesses tend to seek credit when they are confident in their future financial position and feel comfortable spending money;
2009-01-13T03:31:00+03:30
GBP
Medium Impact Expected
BRC Retail Sales Monitor y/y
-3.3%
null
-2.6%
Source: British Retail Consortium (latest release) | Measures: Change in the value of same-store sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the first Tuesday after the month ends; | Next Release: Feb 10, 2009 | FF Notes: Leads the government-released retail data by about 10 days, but has a narrower focus as it only includes retailers who belong to the BRC. Full reports are only available to BRC subscribers; | Also Called: Like-for-like Retail Sales; | Acro Expand: British Retail Consortium (BRC);
2009-01-13T05:30:00+03:30
CNY
Medium Impact Expected
New Loans
772B
null
477B
Source: People's Bank of China (latest release) | Measures: Value of new yuan-denominated loans issued to consumers and businesses during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Feb 12, 2009 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released; | Why Traders Care: Borrowing and spending are positively correlated - consumers and businesses tend to seek credit when they are confident in their future financial position and feel comfortable spending money; | Also Called: New Yuan Loans;
2009-01-13T07:30:00+03:30
CNY
High Impact Expected
USD-Denominated Trade Balance
39.0B
34.0B
40.1B
Source: CGAC | Measures: Trade Balance in US Dollars terms; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 10 days after the month ends; | Next Release: Feb 11, 2009 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released. Tends to have a muted impact because similar insights are included with the Yuan-denominated Trade Balance, released about an hour earlier; | Acro Expand: Customs General Administration of China (CGAC);
2009-01-13T08:30:00+03:30
JPY
Low Impact Expected
Economy Watchers Sentiment
15.9
20.4
21.0
Source: Cabinet Office (latest release) | Measures: Level of a diffusion index based on surveyed workers who directly observe consumer spending by virtue of their job; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 9 days after the month ends; | Next Release: Feb 9, 2009 | FF Notes: Above 50.0 indicates optimism, below indicates pessimism; | Derived Via: Survey of about 2,050 workers which asks respondents to rate the relative level of current economic conditions; | Also Called: Eco Watchers Current Index;
2009-01-13T10:30:00+03:30
EUR
Low Impact Expected
German WPI m/m
-3.0%
-1.7%
-3.3%
Source: Destatis (latest release) | Measures: Change in the price of goods sold by wholesalers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 12 days after the month ends; | Next Release: Mar 3, 2009 | Why Traders Care: It's a leading indicator of consumer inflation - when wholesalers charge more for goods and services the higher costs are usually passed on to the consumer; | Acro Expand: Wholesale Price Index (WPI);
2009-01-13T11:15:00+03:30
EUR
Low Impact Expected
French Gov Budget Balance
-66.6B
null
-60.7B
Source: French Treasury Agency (latest release) | Measures: Difference in value between the central government's income and spending for the year-to-date; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Feb 13, 2009 | FF Notes: A positive number indicates a budget surplus, a negative number indicates a deficit. Due to the year-to-date format, the data released in Feb covers the entire preceding year's budget, while the Mar release only covers the first month of the current year; | Also Called: General Budget Outcome;
2009-01-13T12:30:00+03:30
EUR
Medium Impact Expected
ECB President Trichet Speaks
null
null
null
Description: Due to speak at the official ceremony celebrating the 10th anniversary of the euro, in Strasbourg; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Jan 19, 2009 | 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);
2009-01-13T13:00:00+03:30
GBP
Medium Impact Expected
Goods Trade Balance
-8.3B
-7.6B
-7.6B
Source: Office for National Statistics (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 10, 2009 | FF Notes: A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: Visible Trade Balance;
2009-01-13T13:03:00+03:30
GBP
Low Impact Expected
ONS HPI y/y
-8.6%
-8.5%
-7.4%
FF Notice: Source released data 3 minutes later than scheduled; | Source: Office for National Statistics (latest release) | Measures: Change in the selling price of homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Feb 17, 2009 | FF Notes: Source discontinued this data in May 2016; | Acro Expand: House Price Index (HPI), Office for National Statistics (ONS);
2009-01-13T13:30:00+03:30
GBP
Low Impact Expected
CB Leading Index m/m
-1.0%
null
-1.8%
Source: The Conference Board Inc. (latest release) | Measures: Change in the level of a composite index based on 7 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Feb 10, 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 production, new orders, consumer confidence, stock prices, and interest rate spreads; | Also Called: Leading Indicators; | Acro Expand: The Conference Board (CB);
2009-01-13T14:18:00+03:30
GBP
Low Impact Expected
10-y Bond Auction
3.40|2.4
null
4.14|1.6
Source: Debt Management Office (latest release) | Measures: Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Variable, about 11 times per year; | Next Release: Jan 19, 2009 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted). Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: Gilt Auction, Treasury Auction;
2009-01-13T16:00:00+03:30
USD
Low Impact Expected
NFIB Small Business Index
85.2
null
87.8
Source: NFIB (latest release) | Measures: Level of a composite index based on surveyed small businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the second Tuesday after the month ends; | Next Release: Feb 10, 2009 | FF Notes: Small Businesses are defined as an independent for-profit enterprise that employ between 1 and 250 people, not including the owners; | Derived Via: Survey of small businesses which asks respondents to rate the relative level of economic conditions including labor markets, inventories and sales, capital spending, inflation, earnings and wages, and credit markets; | Acro Expand: National Federation of Independent Business (NFIB);
2009-01-13T16:30:00+03:30
USD
High Impact Expected
Fed Chairman Bernanke Speaks
null
null
null
Description: Due to deliver a speech titled "Crisis and the Policy Response" at the School of Economics and Political Science, in London. Audience questions expected; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Chairman Ben Bernanke; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Feb 18, 2009 | FF Notes: Fed Chairman Feb 2006 - Jan 2014. Fed Governor Feb 2002 - Jan 2014. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Federal Reserve (Fed);
2009-01-13T17:00:00+03:30
CAD
High Impact Expected
Trade Balance
1.3B
3.2B
2.3B
Source: Statistics Canada (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 11, 2009 | FF Notes: A positive number indicates that more goods were exported than imported. About 75% of Canadian exports are purchased by the US; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: International Merchandise Trade;
2009-01-13T18:00:00+03:30
USD
Low Impact Expected
Assist Treasury Sec Kashkari Speaks
null
null
null
Description: Due to speak about TARP at the McDonough School of Business, in Washington DC; | Source: US Department of the Treasury (latest release) | Speaker: Interim Assistant Secretary for Financial Stability Neel Kashkari; | Next Release: Mar 11, 2009 | Why Traders Care: He oversees implementation of the $700 billion TARP initiative and is involved in the details of how the money is used to strengthen the banking sector and bring liquidity to credit markets; | Acro Expand: Troubled Asset Relief Program (TARP);
2009-01-13T18:30:00+03:30
USD
Low Impact Expected
JOLTS Job Openings
2.79M
null
3.00M
Source: Bureau of Labor Statistics (latest release) | Measures: Number of job openings during the reported month, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 10, 2009 | FF Notes: It's released late, but can impact the market because job openings are a leading indicator of overall employment; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Acro Expand: Job Openings and Labor Turnover Survey (JOLTS);
2009-01-13T22:30:00+03:30
USD
Medium Impact Expected
Federal Budget Balance
-83.6B
-82.0B
-164.4B
Source: US Department of the Treasury (latest release) | Measures: Difference in value between the federal government's income and spending during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the eighth business day after the month ends; | Next Release: Feb 11, 2009 | FF Notes: A positive number indicates a budget surplus, a negative number indicates a deficit; | Also Called: Monthly Treasury Statement, Treasury Budget;
2009-01-14T00:00:00+03:30
USD
High Impact Expected
Retail Sales m/m
-2.7%
-1.2%
-2.1%
Source: Census Bureau (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Feb 12, 2009 | FF Notes: This is the earliest and broadest look at vital consumer spending data; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Advance Retail Sales;
2009-01-14T00:00:00+03:30
USD
Medium Impact Expected
Import Prices m/m
-4.2%
-5.4%
-7.0%
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: Feb 18, 2009 | 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;
2009-01-14T01:15:00+03:30
NZD
High Impact Expected
Building Consents m/m
4.3%
null
-19.7%
Source: Statistics New Zealand (latest release) | Measures: Change in the number of new building approvals issued; | 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 gauge of future construction activity because obtaining government approval is among the first steps in constructing a new building. Construction is important because it 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: Building Permits;
2009-01-14T01:30:00+03:30
USD
Medium Impact Expected
FOMC Member Lacker Speaks
null
null
null
Description: Due to speak about financial conditions and economic outlook at the South Carolina Business and Industry Political Education Committee, in Columbia. Audience questions expected; | Source: Federal Reserve Bank of Richmond (latest release) | Speaker: Federal Reserve Bank of Richmond President Jeffrey Lacker; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 16, 2009 | FF Notes: FOMC voting member 2006, 2009, 2012, and 2015; | 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;
2009-01-14T04:00:00+03:30
AUD
High Impact Expected
Home Loans m/m
1.3%
1.0%
1.4%
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the number of new loans granted for owner-occupied homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 11, 2009 | FF Notes: Source discontinued this data in Nov 2019; | Why Traders Care: It's a leading indicator of demand in the housing market - most homes are financed, so it provides an excellent gauge of how many qualified buyers are entering the market; | Also Called: Dwelling Finance Commitments;
2009-01-14T09:30:00+03:30
JPY
Low Impact Expected
Prelim Machine Tool Orders y/y
-71.9%
null
-62.1%
Source: JMTBA (latest release) | Measures: Change in the total value of new orders placed with machine tool manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 10 days after the month ends; | Next Release: Feb 9, 2009 | FF Notes: There are 2 versions of this report released about a week apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact. The Final is not reported for lack of significance; | Acro Expand: Japan Machine Tool Builders Association (JMTBA);
2009-01-14T11:15:00+03:30
EUR
Low Impact Expected
French Final CPI m/m
-0.2%
-0.3%
-0.5%
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: Feb 20, 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 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);
2009-01-14T12:30:00+03:30
EUR
Low Impact Expected
Italian Industrial Production m/m
-2.3%
-1.3%
-2.0%
Source: Istat (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 10, 2009 | 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;
2009-01-14T13:30:00+03:30
EUR
Medium Impact Expected
Industrial Production m/m
-1.6%
-2.1%
-1.6%
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: Feb 12, 2009 | 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;
2009-01-14T17:00:00+03:30
USD
High Impact Expected
Core Retail Sales m/m
-3.1%
-1.3%
-2.5%
Source: Census Bureau (latest release) | Measures: Change in the total value of sales at the retail level, excluding automobiles; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Feb 12, 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; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Retail Sales Ex Autos;
2009-01-14T18:30:00+03:30
USD
Medium Impact Expected
Business Inventories m/m
-0.7%
-0.5%
-0.6%
Source: Census Bureau (latest release) | Measures: Change in the total value of goods held in inventory by manufacturers, wholesalers, and retailers; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Feb 12, 2009 | Why Traders Care: It's a signal of future business spending because companies are more likely to purchase goods once they have depleted inventories;
2009-01-14T19:00:00+03:30
USD
Medium Impact Expected
Crude Oil Inventories
1.2M
2.1M
6.7M
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: Jan 22, 2009 | 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);
2009-01-14T22:30:00+03:30
USD
Medium Impact Expected
Beige Book
null
null
null
Source: Federal Reserve (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: 8 times per year, 2 weeks before each FOMC meeting; | Next Release: Mar 4, 2009 | FF Notes: This analysis is used by the FOMC to help make their next decision on interest rates. However, it tends to produce a mild impact as the FOMC also receives 2 non-public books - the Green Book and the Blue Book - which are widely believed to be more influential to their rate decision; | Derived Via: Anecdotal evidence supplied by the 12 Federal Reserve banks regarding local economic conditions in their district; | Also Called: Current Economic Conditions;
2009-01-15T00:00:00+03:30
AUD
High Impact Expected
Unemployment Rate
4.5%
4.5%
4.4%
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: Feb 12, 2009 | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions; | Also Called: Jobless Rate;
2009-01-15T00:00:00+03:30
EUR
High Impact Expected
ECB Press Conference
null
null
null
Source: European Central Bank (latest release) | Speaker: ECB President and Vice President; | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year, about 45 minutes after the Minimum Bid Rate is announced; | Next Release: Feb 5, 2009 | FF Notes: The press conference is about an hour long and has 2 parts - first a prepared statement is read, then the conference is open to press questions. The questions often lead to unscripted answers that create heavy market volatility. The press conference is webcasted on the ECB website with a slight delay from real-time. Source changed release frequency from monthly to eight times per year as of Jan 2015; | Why Traders Care: It's the primary method the ECB uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy; | Also Called: Interest Rate Statement, ECB News Conference; | Acro Expand: European Central Bank (ECB);
2009-01-15T00:00:00+03:30
USD
Low Impact Expected
FOMC Member Tarullo Speaks
null
null
null
Description: Due to testify on his nomination as Federal Reserve Governor before the Senate Banking Committee, in Washington DC; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Daniel Tarullo; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Mar 19, 2009 | FF Notes: FOMC voting member Jan 2009 - Apr 2017; | 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;
2009-01-15T00:00:00+03:30
USD
Medium Impact Expected
FOMC Member Lockhart Speaks
null
null
null
Description: Due to speak about the economic outlook at the University of Southern Mississippi, in Hattiesburg. Audience questions expected; | Source: Federal Reserve Bank of Atlanta (latest release) | Speaker: Federal Reserve Bank of Atlanta President Dennis Lockhart; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Feb 19, 2009 | FF Notes: FOMC voting member 2009, 2012, and 2015; | 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;
2009-01-15T00:00:00+03:30
EUR
Medium Impact Expected
Final CPI y/y
1.6%
1.6%
1.6%
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: Feb 27, 2009 | 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);
2009-01-15T00:00:00+03:30
JPY
Low Impact Expected
PPI y/y
1.1%
0.8%
2.8%
Source: Bank of Japan (latest release) | Measures: Change in the price of goods sold by corporations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 12 days after the month ends; | Next Release: Feb 12, 2009 | Why Traders Care: It's a leading indicator of consumer inflation - when corporations raise the price of their goods the higher costs are usually passed on to the consumer; | Also Called: CGPI; | Acro Expand: Producer Price Index (PPI), Corporate Goods Price Index (CGPI);
2009-01-15T00:00:00+03:30
USD
High Impact Expected
Unemployment Claims
524K
512K
470K
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: Jan 22, 2009 | 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;