Sunday, 8 September 2024
(GMT -4) Est Time: 19:50
Importance: High
GDP (QoQ)
| Actual | 0.7% |
| Forecast | 0.8% |
| Previous | 0.8% |
Currency: JPY
Source Of Report:
Cabinet Office (Release URL)
Gross Domestic Product (GDP) measures the change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy’s health.
A reading that is stronger than forecast is generally supportive (bullish) for the JPY, while a weaker than forecast reading is generally negative (bearish) for the JPY.
Tuesday, 10 September 2024
(GMT -4) Est Time: 02:00
Importance: High
German CPI (MoM)
| Actual | |
| Forecast | -0.1% |
| Previous | -0.1% |
Currency: EUR
Source Of Report:
Federal Statistical Office Germany (Release URL)
The Consumer Price Index (CPI) measures the change in the prices of goods and services from the perspective of the consumer. As Germany has the largest output of any country in the euro-zone, the European Central bank pays very close attention to this figure in its role of maintaining price stability.
A reading that is stronger than forecast is generally supportive (bullish) for the EUR, while a weaker than forecast reading is generally negative (bearish) for the EUR.
Wednesday, 11 September 2024
(GMT -4) Est Time: 02:00
Importance: High
GDP (MoM)
| Actual | |
| Forecast | 0.2% |
| Previous | 0.0% |
Currency: GBP
Source Of Report:
Office for National Statistics (Release URL)
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy’s health. A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
(GMT -4) Est Time: 08:30
Importance: High
Core CPI (MoM)
| Actual | |
| Forecast | 0.2% |
| Previous | 0.2% |
Currency: USD
Source Of Report:
U.S Bureau of Labor Statistics – Department of Labor (Release URL)
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The Central bank pays very close attention to this figure in its role of maintaining price stability. Because the Fed believes that core inflation is a better gauge of underlying price pressures, it is more closely watched than overall inflation which tends to be more volatile.
A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
(GMT -4) Est Time: 08:30
Importance: High
CPI (MoM)
| Actual | |
| Forecast | 0.2% |
| Previous | 0.2% |
Currency: USD
Source Of Report:
U.S Bureau of Labor Statistics – Department of Labor (Release URL)
The Consumer Price Index (CPI) measures the change in the prices of goods and services contained in a basket of consumer items. The Central bank pays very close attention to this figure in its role of maintaining price stability.
A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
(GMT -4) Est Time: 08:30
Importance: High
CPI (YoY)
| Actual | |
| Forecast | 2.6% |
| Previous | 2.9% |
Currency: USD
Source Of Report:
U.S Bureau of Labor Statistics – Department of Labor (Release URL)
The Consumer Price Index (CPI) measures the change in the prices of goods and services contained in a basket of consumer items. The Central bank pays very close attention to this figure in its role of maintaining price stability.
A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
(GMT -4) Est Time: 10:30
Importance: High
Crude Oil Inventories
| Actual | |
| Forecast | |
| Previous | -6.873M |
Currency: USD
Source Of Report:
Energy Information Administration (Release URL)
The Energy Information Administration’s (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation.
If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected.
If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected.
(GMT -4) Est Time: 13:00
Importance: High
10-Year Note Auction
| Actual | |
| Forecast | |
| Previous | 3.960% |
Currency: USD
Source Of Report:
US Department of Treasury (Release URL)
The figures displayed in the calendar represent the yield on the Treasury Note auctioned.
U.S. Treasury Notes have maturities of two to ten years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital. The rate on a Treasury Note represents the return an investor will receive by holding the note for its entire duration. All bidders receive the same rate at the highest accepted bid.
Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.
Thursday, 12 September 2024
(GMT -4) Est Time: 08:15
Importance: High
Deposit Facility Rate
| Actual | |
| Forecast | 3.50% |
| Previous | 3.75% |
Currency: EUR
Source Of Report:
European Central Bank (Release URL)
(GMT -4) Est Time: 08:15
Importance: High
ECB Interest Rate Decision
| Actual | |
| Forecast | 3.65% |
| Previous | 4.25% |
Currency: EUR
Source Of Report:
European Central Bank (Release URL)
The European Central Bank publishes its decision on where to set the benchmark interest rate. As short term interest rates are an important determinant of currency valuation, traders watch interest rate changes closely.
A reading that is stronger than forecast is generally supportive (bullish) for the EUR, while a weaker than forecast reading is generally negative (bearish) for the EUR.
(GMT -4) Est Time: 08:30
Importance: High
Initial Jobless Claims
| Actual | |
| Forecast | 229K |
| Previous | 227K |
Currency: USD
Source Of Report:
Department of Labor (Release URL)
Initial Jobless Claims measures the number of people who filed for unemployment insurance for the first time during the past week. This is the most timely U.S. economic data, but the market impact varies from week to week.
A reading that is higher than forecast is generally negative (bearish) for the USD, while a lower than forecast reading is generally supportive (bullish) for the USD.
(GMT -4) Est Time: 08:30
Importance: High
PPI (MoM)
| Actual | |
| Forecast | 0.2% |
| Previous | 0.1% |
Currency: USD
Source Of Report:
U.S Bureau of Labor Statistics – Department of Labor (Release URL)
The Producer Price Index (PPI) measures a change in input prices of raw, semi-finished or finished goods and services. If input costs rise, some will be absorbed by the producer and some passed on to the consumer. Conversely, if input costs fall, some of the decline will be enjoyed as wider profit margins by the producer and some will be passed on to the consumer in the form of lower prices. Because PPI impacts consumer prices, it is watched by central bankers as part of fulfilling their mandate of price stability.
A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
(GMT -4) Est Time: 08:45
Importance: High
ECB Press Conference
Currency: EUR
Source Of Report:
European Central Bank (Release URL)
The European Central Bank (ECB) press conference is held monthly, about 45 minutes after the Minimum Bid Rate is announced. The conference is approximately an hour long and has two parts. Firstly, a prepared statement is read, then the conference is open to press questions. The press conference examines the factors which affected the ECB’s interest rate decision and deals with the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy. High levels of volatility can frequently be observed during the press conference as press questions lead to unscripted answers.
(GMT -4) Est Time: 13:00
Importance: High
30-Year Bond Auction
| Actual | |
| Forecast | 0 |
| Previous | 4.314% |
Currency: USD
Source Of Report:
US Department of Treasury (Release URL)
The Producer Price Index (PPI) measures a change in input prices of raw, semi-finished or finished goods and services. If input costs rise, some will be absorbed by the producer and some passed on to the consumer. Conversely, if input costs fall, some of the decline will be enjoyed as wider profit margins by the producer and some will be passed on to the consumer in the form of lower prices. Because PPI impacts consumer prices, it is watched by central bankers as part of fulfilling their mandate of price stability.
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