Date
GMT+05:00
Event Value
Dec, 02 18:30
★★★
Non-Farm Payrolls
Non-Farm Payrolls
Country:
Date: Dec, 02 18:30
Importance: High
Previous: 261K
Forecast: 200K
Actual: -
Period: Nov

One of the most widely anticipated reports on the US economic calendar, the Employment Situation is a timely report that gives a picture of job creation, loss, wages and working hours in the United States. Data in the report relies on the Household Survey and the Establishment (or Payroll) Survey. While the Household Survey is based on the interviews to US households, the Establishment Survey queries business establishments, making it the preferred source of data. The Employment Situation's has many significant figures such as: Change in Non Farm Payrolls, Unemployment, Manufacturing Payrolls, and Average Hourly Earnings.

The headline figures for this report are reported monthly, as the total number of new jobs in thousands (say, 120K new jobs), and the unemployment rate.

Change in Non-farm Payrolls

Monthly change in employment excluding the farming sector. Non-farm payrolls is the most closely watched indicator in the Employment Situation, considered the most comprehensive measure of job creation in the US. Such a distinction makes the NFP figure highly significant, given the importance of labor to the US economy. Specifically, political pressures come into play, as the Fed is responsible for keeping employment in a healthy range and utilizes interest rate changes to do so. A surge in new Non-farm Payrolls suggests rising employment and potential inflation pressures, which the Fed often counters with rate increases. On the other hand, a consistent decline in Non-farm Employment suggests a slowing economy, which makes a decline in rates more likely.

261K
Dec, 02 18:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Dec, 02 18:30
Importance: High
Previous: 3.7%
Forecast: 3.7%
Actual: -
Period: Nov

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.

3.7%
Dec, 02 18:30
★★★
Employment Change
Employment Change
Country:
Date: Dec, 02 18:30
Importance: High
Previous: 108.3K
Forecast: 10.5K
Actual: -
Period: Nov

Tracks the number of the employed in the country. A surge in new employment suggests higher spending potential and budding inflation pressures.

108.3K
Dec, 02 18:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Dec, 02 18:30
Importance: High
Previous: 5.2%
Forecast: 5.3%
Actual: -
Period: Nov

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.

5.2%
Dec, 02 09:30
★★★
RBNZ Governor Adrian Orr Speaks
RBNZ Governor Adrian Orr Speaks
Country:
Date: Dec, 02 09:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
Adrian Orr will be the Governor of the Reserve Bank of New Zealand from March 2018. The Reserve Bank uses monetary policy to maintain price stability as defined in the Policy Targets Agreement (PTA). The current PTA requires the Bank to keep inflation between 1 and 3 percent on average over the medium term. The Bank implements monetary policy by setting the Official Cash Rate (OCR), which is reviewed eight times a year.
Dec, 02 07:00
★★★
RBA Governor Philip Lowe Speaks
RBA Governor Philip Lowe Speaks
Country:
Date: Dec, 02 07:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
RBA Governor Oct 2016 - Sep 2023. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues. 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.
Dec, 01 20:00
★★★
ISM Manufacturing
ISM Manufacturing
Country:
Date: Dec, 01 20:00
Importance: High
Previous: 50.2
Forecast: 49.8
Actual: -
Period: Nov

A monthly index released by the Institute of Supply Management which tracks the amount of manufacturing activity that occurred in the previous month.ISM Manufacuring assesses the state of US industry by surveying executives on expectations for future production, new orders, inventories, employment and deliveries. This data is considered a very important and trusted economic measure. If the index has a value below 50, due to a decrease in activity, it tends to indicate an economic recession, especially if the trend continues over several months. A value substantially above 50 likely indicates a time of economic growth. The values for the index can be between 0 and 100.

Values over 50 generally indicate an expansion, while values below 50 indicate contraction.

50.2
Nov, 30 23:30
★★★
Federal Reserve Chairman Jerome Powell Speaks
Federal Reserve Chairman Jerome Powell Speaks
Country:
Date: Nov, 30 23:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Chair Jerome Powell. Fed Chair Feb 2018 - Feb 2022. Fed Governor May 2012 - Jan 2028. The testimony usually comes in 2 parts: first he reads a prepared statement (a text version is made available on the Fed's website at the start), then the committee will hold a question and answer session. Since the questions are not known beforehand they can make for some unscripted moments that lead to heavy market volatility. 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.
Nov, 30 06:30
★★★
PMI Manufacturing
PMI Manufacturing
Country:
Date: Nov, 30 06:30
Importance: High
Previous: 49.2
Forecast: 49.2
Actual: -
Period: Nov

A monthly gauge of manufacturing activity and future outlook. The CIPS PMI is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Purchasing managers are tasked with gauging future demand, and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.

The PMI is presented as an index with a value between 1-100.

49.2
Nov, 30 05:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Nov, 30 05:30
Importance: High
Previous: 7.3%
Forecast: 7.4%
Actual: -
Period: Oct

The headline inflation gauge for Australia. Simply put, inflation reflects a decline in the purchasing power of the Aussie Dollar, where each Dollar buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that is typically bought by a metropolitan Australian households. An increase in the index indicates that it takes more Australian Dollars to purchase this same set of basic consumer items.

Unlike most other countries, Australia publishes CPI quarterly instead of monthly, increasing the market impact of the report upon release. The headline number is released as the percentage change from the previous quarter or year.

7.3%
Nov, 29 20:00
★★★
Consumer Confidence
Consumer Confidence
Country:
Date: Nov, 29 20:00
Importance: High
Previous: 102.5
Forecast: 100.0
Actual: -
Period: Nov

Assessment of consumer sentiment regarding business conditions, employment and personal income. Based on a representative sample of thousands of mail-in surveys, the Conference Board index has the largest pooling sample of any US measure of consumer confidence. Consumer Confidence levels are generally linked with consumer spending. For instance, when consumer confidence is on the rise consumer spending tends to increase. Low or falling consumer confidence on the other hand is typically associated with decreased spending and consumer demand.

Some analysts criticize the Consumer Confidence figure for its volatile tendencies and weak connection to household expenditure, turning instead to the University of Michigan Consumer Confidence numbers. The volatility of the Consumer Confidence figure is attributed to two factors: its pooling size and the survey time frame focus. The Conference Board surveys an entirely new group of people each month, resulting in more erratic month to month figures. Additionally, the survey queries respondents on expectations for the following six months, a relatively short term evaluation. Conversely, the University of Michigan survey will re-poll many individuals and focuses on expectations for the next one to five years. The long term focus has a stabilizing effect on consumer confidence.

Survey results are printed in the headlines where 100 reflects a recent base year.

102.5
Nov, 29 18:30
★★★
Quarterly Gross Domestic Product Annualized
Quarterly Gross Domestic Product Annualized
Country:
Date: Nov, 29 18:30
Importance: High
Previous: 3.3%
Forecast: 1.5%
Actual: -
Period: 3 quarter
3.3%
Nov, 29 18:30
★★★
Gross Domestic Product
Gross Domestic Product
Country:
Date: Nov, 29 18:30
Importance: High
Previous: 0.1%; 4.0%
Forecast: 0.1%
Actual: -
Period: Sep

A comprehensive measure of Canada's overall production and consumption of goods and services. GDP is a significant report in FX Market, serving as one of the primary indicators of a country's overall economic health.

Robust GDP growth signals a heightened level of economic activity and often a higher demand for the domestic currency. At the same time, economic expansion raises concerns about inflationary pressures which may prompt monetary authorities to increase interest rates. Thus positive GDP readings are generally bullish for the Canadian Dollar, while negative readings are generally bearish.

Most production reports that lead to Canadian GDP are released before the official GDP number. Therefore, actual GDP figures usually confirm expectations. However, an unexpected release can move markets due to the significance of the figure.

Technically, Gross Domestic Product is calculated in the following way:

GDP = C + I + G + (EX - IM)

where
C = private consumption
I = private investment
G = government expenditure
EX = exports of goods and services
IM = imports of goods and services

The headline figures for GDP are the percentage growth rate from the previous quarter and the annualized percentage change in GDP. Prices used are benchmarked to 1997 prices.

0.1%; 4.0%
Nov, 24 00:00
★★★
RBNZ Governor Adrian Orr Speaks
RBNZ Governor Adrian Orr Speaks
Country:
Date: Nov, 24 00:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
Adrian Orr will be the Governor of the Reserve Bank of New Zealand from March 2018. The Reserve Bank uses monetary policy to maintain price stability as defined in the Policy Targets Agreement (PTA). The current PTA requires the Bank to keep inflation between 1 and 3 percent on average over the medium term. The Bank implements monetary policy by setting the Official Cash Rate (OCR), which is reviewed eight times a year.
Nov, 24 00:00
★★★
FOMC Meeting Minutes
FOMC Meeting Minutes
Country:
Date: Nov, 24 00:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The Federal Open Market Committee (FOMC) Meeting Minutes are a verbatim record of the committee's meeting held about two weeks earlier.

Nov, 23 07:00
★★★
RBNZ Press Conference
RBNZ Press Conference
Country:
Date: Nov, 23 07:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

Reserve Bank of New Zealand press conference. The Bank's press conference summarizes the main points of the assessment of the current situation, both in New Zealand itself and outside it. Traders and investors are trying to catch the hints of changing the current rate, that is, raising or lowering the rate, or maintaining the status quo. Unexpected comments can cause very serious movements.

Nov, 23 06:00
★★★
RBNZ Monetary Policy Statement
RBNZ Monetary Policy Statement
Country:
Date: Nov, 23 06:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The RBNZ is issued regarding the recent decision on interest rates and is required to include all details on how the bank will achieve its inflation targets and how it intends on achieving its recent monetary policy decisions.

Nov, 23 06:00
★★★
RBNZ Rate Statement
RBNZ Rate Statement
Country:
Date: Nov, 23 06:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The Reserve Bank of New Zealand (RBNZ) releases this statement in connection to its recent decision on short-term interest rates. Interest rates are a primary determinant of a currency's value and these statements are used by traders to determine future monetary policy decisions.

Nov, 23 06:00
★★★
Official Cash Rate
Official Cash Rate
Country:
Date: Nov, 23 06:00
Importance: High
Previous: 3.50%
Forecast: 4.25%
Actual: 4.25%
Period: Nov
The Official Cash Rate (OCR) is the interest rate set by the Reserve Bank to meet the inflation target specified in the Policy Targets Agreement (PTA). The current PTA, signed in September 2012, defines price stability as annual increases in the Consumers Price Index (CPI) of between 1 and 3 per cent on average over the medium term, with a focus on keeping future average inflation near the 2 percent target midpoint.
4.25%
Nov, 22 13:30
★★★
RBA Governor Philip Lowe Speaks
RBA Governor Philip Lowe Speaks
Country:
Date: Nov, 22 13:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
RBA Governor Oct 2016 - Sep 2023. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues. 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.
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