Economic Calendar from InstaForex |
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Time | Country | Indices | Actual |
02:30 | PPI | ||
Period: Apr Previous Reading: -2.8% Forecast: Actual Reading: Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product. A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown. The headline figure is expressed in percentage change of producer price. Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market. hide |
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02:30 | CPI | ||
Period: Apr Previous Reading: 0.1% Forecast: Actual Reading: Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures. hide |
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19:00 | Federal Budget Balance | ||
Period: Apr Previous Reading: -236.5 Forecast: Actual Reading: This is a report which measures the difference in value between the federal government's income and spending during the previous month. hide |
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18:00 | Baker Hughes U.S. Rig Count | ||
Period: May Previous Reading: 605 Forecast: Actual Reading: The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products. hide |
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15:00 | UoM Inflation Expectations | ||
Period: May Previous Reading: 3.2%; 3.0% Forecast: Actual Reading: The Michigan Consumer Sentiment Index released by the University of Michigan is a survey of personal consumer confidence in economic activity. It shows a picture of whether or not consumers are willing to spend money. Generally speaking, a high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish). hide |
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13:30 | Participation Rate | ||
Period: Apr Previous Reading: 65.3% Forecast: Actual Reading: The participation rate is the percentage of the total number of people of labour-force age (15 years and over) that is in the labour force (either working or looking for work). The data provided by Statistics Canada is monthly and deseasonalized; this eliminates the impact of seasonal variations and makes it possible to compare data throughout the year. A higher than expected reading should be taken as positive/bullish for the CAD , while a lower than expected reading should be taken as negative/bearish for the CAD. hide |
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13:30 | Part Time Employment Change | ||
Period: Apr Previous Reading: -0.7K; -1.6K Forecast: Actual Reading: modern award usually defines a part-time employee as an employee who is engaged to work less than an average of 38 ordinary hours per week and whose hours of work are reasonably predictable, with a guaranteed minimum number of hours of work. Work is usually performed on regular days of the week. A part-time employee will usually be entitled to the same employment conditions as a full-time employee, but on a pro rata basis compared to the full-time hours (usually 38 per week) prescribed under the applicable industrial instrument. hide |
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13:30 | Employment Change | ||
Period: Apr Previous Reading: -2.2K Forecast: Actual Reading: Tracks the number of the employed in the country. A surge in new employment suggests higher spending potential and budding inflation pressures. hide |
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13:30 | Unemployment Rate | ||
Period: Apr Previous Reading: 6.1% Forecast: Actual Reading: The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks. Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems. hide |
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12:30 | ECB Monetary Policy Meeting Accounts | ||
Period: Apr Previous Reading: Forecast: Actual Reading: The report is published 4 weeks after the ECB Monetary Policy Meeting takes place (8 times a year). It contains the texts of the ECB Governing Council members’ speeches on detailed assessments of economic conditions that influence the interest rates decision. hide |
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09:00 | Industrial Production | ||
Period: Mar Previous Reading: 0.1%; -3.1% Forecast: Actual Reading: Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Italy. Industrial production is significant as a short-term indicator of the strength of Italian industrial activity. High or rising Industrial Production figures suggest increased production and economic expansion. However, uncontrolled levels of production and consumption can spark inflation. The report is only a preliminary estimate figure that does not move the markets much. The figure is released in headlines as a monthly percent change. hide |
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07:00 | Business Investment | ||
Period: 1 quarter Previous Reading: 1.4%; 2.8% Forecast: Actual Reading: The change in capital expenditures made by private firms. Businesses only invest when they are optimistic about future economic growth and expect a profitable return on their investments. Because of this, increased capital expenditures usually reflect a higher level of consumer demand that induces companies to expand their productive capacity. Current Business Investment usually allow for higher GDP in the future. For these reasons Business Investment may lead economic growth. The headline number is the percentage change in investment from the previous quarter. hide |
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07:00 | Index of Services | ||
Period: Mar Previous Reading: 0.2%; 0.1% Forecast: Actual Reading: The index tracks activity in services sector. hide |
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07:00 | Construction Output | ||
Period: Mar Previous Reading: -1.9%; -2.0% Forecast: Actual Reading: Index demonstrates the situation in the construction sector; it shows output of products and business activity sizes in this sigment of economy. hide |
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07:00 | Goods Trade Balance | ||
Period: Mar Previous Reading: -14.2 Forecast: Actual Reading: Since July 2015, the US Bureau of Economic Analysis has started publishing preliminary estimate of goods trade balance. This release will be 4-7 earlier than trade balance data. Growth in the reading favors the US dollar. hide |
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07:00 | Manufacturing Production | ||
Period: Mar Previous Reading: 1.2%; 2.7% Forecast: Actual Reading: The UK Manufacturing Production index is compiled by the National Statistics Office and measures the level of manufacturing output. It is an important indicator since it measures growth in the country’s manufacturing industry which is a major component of Gross Domestic Product. A low reading is considered bearish for the Sterling. hide |
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07:00 | Industrial Production | ||
Period: Mar Previous Reading: 1.1%; 1.4% Forecast: Actual Reading: A measure of the manufacturing output of the energy sector, factories, and mines. Industrial production is significant as a short-term indicator of the strength of UK industrial activity. Industry accounts for about a quarter of the overall GDP. Because industrial production accounts for most of the volatility in the GDP, foreknowledge of trends in manufacturing go a long way in forecasting UK output. High or rising Industrial Production figures suggest increased production and economic expansion, healthy for the Pound. However, uncontrolled levels of production and consumption can spark inflation. In times of inflation the Bank of England may raise interest rates to control growth. hide |
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07:00 | GDP | ||
Period: 1 quarter Previous Reading: -0.3%; -0.2% Forecast: Actual Reading: The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets. |
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07:00 | GDP | ||
Period: Mar Previous Reading: 0.1%; 0.2% Forecast: Actual Reading: The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets. |
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06:00 | Economy Watchers Survey | ||
Period: Apr Previous Reading: 49.8; 51.2 Forecast: Actual Reading: The Economy Watchers Survey asks business-cycle sensitive workers their thoughts on existing and future economic conditions, giving a detailed picture of economic trends in Japan . The survey is based on questionnaires from 'man on the street' sectors that are particularly vulnerable to business cycle turns. These segments of the economy include sectors such as retail, restaurant service and taxi driving. With this combined data the Japanese Eco Watchers report serves as both a consumer confidence indicator and a leading indicator for the rest of the economy. The report is usually released less than two weeks after the reporting month, thus its statistics are usually very timely. The headline number is released where 50 represents the center midpoint line of boom/bust sentiment. hide |
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04:35 | 30-Year JGB Auction | ||
Period: May Previous Reading: 1.808%; 3.47 Forecast: Actual Reading: 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. hide |
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00:50 | Current Account | ||
Period: Mar Previous Reading: 1368.6bln; 2644.2bln Forecast: Actual Reading: hide |
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00:50 | Bank Lending | ||
Period: Apr Previous Reading: 3.2%; 3.6% Forecast: Actual Reading: The value of all outstanding loans with Japanese banks. Bank lending is important because lending increases with increased business confidence and investment. It is particularly insightful for the Japanese economy because of the weakness that has plagued the Japanese banking sector. The headline number is for total loans and discounts and is a percentage change from the previous year. hide |
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00:30 | Household Spending | ||
Period: Mar Previous Reading: -0.5% Forecast: Actual Reading: A survey of both wage-earning and non-working households, such as those classified as single-member, unemployed, or retired. The headline figure is the percentage change in average spending per household from the previous year. Increases in household spending are favorable for the Japanese economy because high consumer spending generally leads to higher levels of economic growth. Higher spending is also a sign of consumer optimism, as households confident in their future outlook will spend more. At the same time accelerated growth exerts inflationary pressure, which can lead to interest rate increases in the future. hide |
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23:30 | Business NZ Manufacturing Index | ||
Period: Apr Previous Reading: 47.1 Forecast: Actual Reading: Индикатор активности в производстве. Аналог Manufacturing PMI. Показывает улучшение (>50) или ухудшение (<50) ситуации в сравнении с предыдущим месяцем. Рост показателя либо превышение прогноза благоприятны для валюты. hide |
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18:01 | 30-y Bond Auction | ||
Period: May Previous Reading: 4.671%; 2.37 Forecast: Actual Reading: 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. hide |
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15:30 | EIA Natural Gas Storage Change | ||
Period: May Previous Reading: 59 Forecast: Actual Reading: Weekly report about natural gas storage change in the USA. hide |
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15:00 | Mortgage Delinquencies | ||
Period: 1 quarter Previous Reading: 3.88% Forecast: Actual Reading: A home loan for which the borrower has failed to make payments as required in the loan documents. If the borrower can't bring the payments on a delinquent mortgage current within a certain time period, the lender may begin foreclosure proceedings. A lender may also offer a borrower a number of options to help prevent foreclosure when a mortgage becomes delinquent. hide |
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13:30 | Continuing Claims | ||
Period: May Previous Reading: 1774K Forecast: Actual Reading: Continuing claims refers to unemployed workers that qualify for benefits under unemployment insurance. In order to be included in continuing claims, the person must have been covered by unemployment insurance and be currently receiving benefits. Data on unemployment claims is published by the Department of Labor on a weekly basis, allowing for frequent updates on the levels of unemployment. hide |
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13:30 | Unemployment Claims | ||
Period: May Previous Reading: 208K Forecast: Actual Reading: The indicator shows the number of unemployed people in the USA. hide |
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12:00 | Monetary Policy Summary | ||
Period: Previous Reading: Forecast: Actual Reading: 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. hide |
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12:00 | MPC Official Bank Rate Votes | ||
Period: May Previous Reading: 0-1-8 Forecast: Actual Reading: This indicator shows how the BoE's Monetary Policy Committee voted. Published monthly, 13 days after the decision on interest rate was announced hide |
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12:00 | BoE Interest Rate Decision | ||
Period: May Previous Reading: 5.25% Forecast: Actual Reading: The announcement of whether the Bank of England has increased, decreased or maintained the key interest rate. The BoE meets monthly to decide on monetary policy. After each meeting policy decisions are announced. The main task of the Bank of England's Monetary Policy Committee is to set the monetary stance by fixing the overnight borrowing rate, which is incremental in determining the short-term rates. Through this mechanism, the BoE attempts to affect price levels in order to keep inflation within the target range while maintaining stable economic growth and employment. The BOE Rate decision has great influence on financial markets. Changes in rates affect interest rates for consumer loans, mortgages, bond, and the exchange rate of the pound. Increases in rates or even expectations of increases tend to cause the pound to appreciate, while rate decreases cause the currency to depreciate. hide |
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09:30 | 10-y Bond Auction | ||
Period: May Previous Reading: 3,250%; 1.84 Forecast: Actual Reading: 10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency. hide |
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06:00 | Leading Indicators | ||
Period: Mar Previous Reading: 111.8 Forecast: Actual Reading: 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 10 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. Combined reading of 11 economic indicators related to employment, production, new orders, consumer confidence, housing, stock prices, money supply, and interest rate spreads. hide |
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00:50 | Summary of Opinions | ||
Period: Apr Previous Reading: Forecast: Actual Reading: This report includes the BOJ's projection for inflation and economic growth. It's the primary tool the BOJ uses to communicate their economic and monetary projections to investors. hide |
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00:30 | Average Cash Earnings | ||
Period: Mar Previous Reading: 1.8% Forecast: Actual Reading: The average amount of pre-tax earnings per regular employee, including overtime pay and bonuses. hide |
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00:01 | RICS House Price Balance | ||
Period: Apr Previous Reading: -4% Forecast: Actual Reading: Gauge for costs of homes in the United Kingdom. The figure is based on surveyors' opinions on the state of the market, calculated as is the percent of surveyors reporting a rise in prices minus those reporting a fall. A rise in house prices indicates a strong housing market, which generally reflects a strong overall economy. hide |
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18:01 | 10-y Bond Auction | ||
Period: May Previous Reading: 4.560%; 2.34 Forecast: Actual Reading: 10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency. hide |
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15:30 | Crude Oil Inventories | ||
Period: May Previous Reading: 7265K Forecast: Actual Reading: The actual inventories of crude oil, gasoline, and distillate, such as jet fuel, as reported on a weekly basis. The numbers are watched closely by the energy markets, and if the results differ greatly from the expected inventory levels, the market can react strongly. The inventory data can be skewed by holidays and seasonal factors. Weekly data can be unreliable and should be viewed as a part of longer-term trends, so a four-week moving average may be more useful. hide |
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15:00 | Wholesale Inventories | ||
Period: Mar Previous Reading: -0.4% Forecast: -0.4% Actual Reading: The stock of unsold goods held by wholesalers. Wholesalers act as intermediaries between manufacturers or importers, and retailers. Wholesalers sell directly to retailers, who strive to act in accordance (ideally) with consumer demand. Consequently, high Wholesale Inventories indicate that unsold goods are piling up, suggesting that retailers are facing lagging consumer demand and unwilling to purchase goods. Conversely, declining Wholesale Inventories suggest retailers are buying more goods to meet strong or rising demand. Because Wholesale Inventories reflect the demand retailers have for their manufacturers' wares, the report offers an early indication of the potential strength of consumer spending. Wholesale Inventories are reported in headlines as a percent change from the previous month. hide |
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10:30 | 30-y Bond Auction | ||
Period: May Previous Reading: 4.565%; 3.05 Forecast: Actual Reading: 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. hide |
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09:00 | Retail Sales | ||
Period: Mar Previous Reading: 0.1%; 2.4% Forecast: Actual Reading: Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures. The headline figure is expressed as the percentage change from the same month last year. hide |
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07:00 | Industrial Production | ||
Period: Mar Previous Reading: 2.1%; -4.9% Forecast: Actual Reading: Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Germany. Industrial production is significant as a short-term indicator of the strength of German industrial activity. High or rising Industrial Production figures suggest increased production and economic expansion, healthy for the Euro. However, uncontrolled levels of production and consumption can spark inflation. The report is only a preliminary estimate figure that does not move the markets much. The figure is released in headlines as a monthly percent change. hide |
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04:35 | 10-Year JGB Auction | ||
Period: May Previous Reading: 0.753%; 3.80 Forecast: Actual Reading: Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid. hide |