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Economic Calendar
Wage Price Index measures the rate of increase in wages and salaries as measured by the Average Earnings Index. A higher than expected number should be taken as positive to the AUD, while a lower than expected number as negative.
Lorie K. Logan began serving as the 14th president and CEO of the Federal Reserve Bank of Dallas on August 22, 2022. She represents the Eleventh Feder
The Fed Vice Chair for Supervision Barr Speaks event refers to a public appearance or speech made by the Vice Chair for Supervision of the Federal Reserve System, currently Richard H. Clarida. During these events, the Vice Chair may discuss topics related to monetary policy, economic conditions, and financial regulation in the United States.
Market participants pay close attention to these speeches as they may reveal insights into the Federal Reserve's current thinking on monetary policy and potential changes in interest rates. Any hints about future policy moves can have a significant impact on the financial markets, making this an important event on the economic calendar for investors and analysts alike.
Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents. Exports free on board (f.o.b.) and imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics.
A higher than expected number should be taken as positive to the MYR, while a lower than expected number as negative.
Exports free on board (f.o.b.) and Imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries Imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting Imports as f.o.b. you will have the effect of reducing the value of Imports by the amount of the cost of insurance and freight.
A higher than expected number should be taken as positive to the MYR, while a lower than expected number as negative.
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.
A higher than expected reading should be taken as positive/bullish for the MYR, while a lower than expected reading should be taken as negative/bearish for the MYR.
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.
A higher than expected reading should be taken as positive/bullish for the JPY, while a lower than expected reading should be taken as negative/bearish for the JPY.
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
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.
The Core Consumer Price Index (CPI) is a key measure of the inflation trend in the UK economy, and it's released by the Office for National Statistics. Unlike the standard CPI measure, the Core CPI excludes more volatile items, such as food, energy, alcohol and tobacco, in order to provide a more accurate picture of the underlying inflationary trend. This data is of high importance to market participants, because the CPI and its components influence many areas of economic policy, including interest rate decisions by the Bank of England. If the Core CPI increases at a faster rate than expected, it could signal higher inflationary pressures, potentially leading to policy rate increases and subsequently impacting the value of the pound and UK assets.
The Producer Price Index (PPI) measures average changes in prices received by domestic producers for their output. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation. Usually a rise in PPI will lead in a short time to a rise in CPI and therefore to a rising interest rates and rising currency. during recession, the producers are not able to roll over the rising cost of material to the consumer, so a rise in PPI will not be rolled over to the consumer but will lower the profitablility of the producer and will deepen the recession, that will lead to a fall in local currency.
The Producer Price Index (PPI) measures average changes in prices received by domestic producers for their output. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation. Usually a rise in PPI will lead in a short time to a rise in CPI and therefore to a rising interest rates and rising currency. during recession, the producers are not able to roll over the rising cost of material to the consumer, so a rise in PPI will not be rolled over to the consumer but will lower the profitablility of the producer and will deepen the recession, that will lead to a fall in local currency.
The Retail Price Index was first calculated for June 1947 and was the principal official measure of inflation in the UK before the start of the CPI figure.The core RPI excludes mortgage payments, therefore its difference from CPI is minor, but exists. The impact on the currency may go both ways, a rise in inflation may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
The Retail Price Index was first calculated for June 1947 and was the principal official measure of inflation in the UK before the start of the CPI figure.The core RPI excludes mortgage payments, therefore its difference from CPI is minor, but exists. The impact on the currency may go both ways, a rise in inflation may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
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.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
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.
The Consumer Price Index (CPI, n.s.a) is an essential economic calendar event for the United Kingdom, providing critical information about the country's inflation status. The CPI measures the change in the prices of a specific basket of goods and services purchased by households over a particular time period. This economic indicator is a vital tool for evaluating the cost of living and purchasing power of consumers across the nation.
As a non-seasonally adjusted (n.s.a) figure, the CPI does not account for seasonal fluctuations in prices, such as holiday periods or seasonal changes in product demand. This allows for a more accurate reflection of current price trends, aiding policymakers and investors in making well-informed financial decisions. A higher-than-expected CPI reading may indicate increasing inflation, potentially leading to higher interest rates and a strengthening currency. Conversely, a lower-than-expected reading may point to a weakening currency and lower interest rates, as policymakers address the potential threat of deflation.
Producer Price Index (PPI) Input measures the change in the price of goods and raw materials purchased by manufacturers. The index is a leading indicator of consumer price inflation.
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.
Producer Price Index (PPI) Input measures the change in the price of goods and raw materials purchased by manufacturers. The index is a leading indicator of consumer price inflation.
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.
Producer Price Index (PPI) Output measures the change in the price of goods sold by manufacturers.
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.
Producer Price Index (PPI) Output measures the change in the price of goods sold by manufacturers.
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.
The Retail Price Index (RPI) measures the change in the price of goods and services purchased by consumers for the purpose of consumption. RPI differs from Consumer Price Inflation (CPI) in that it only measures goods and services bought for the purpose of consumption by the vast majority of households and includes housing costs, which are excluded from CPI.
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.
The Retail Price Index was first calculated for June 1947 and was the principal official measure of inflation in the UK before the start of the CPI figure. The main difference is that RPI includes mortgage interest payments as opposed to CPI which doesn't. . The impact on the currency may go both ways, a rise in inflation may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
Consumer Prices Index, including owner occupiers’ housing costs (CPIH) is a lead inflation index; it is the most comprehensive measure of UK as it includes owner occupiers’ housing costs and Council Tax, which are excluded from the CPI.
The Deposit Facility Rate is a key monetary policy tool used by the central bank of Indonesia, Bank Indonesia, to control the money supply in the economy. This economic calendar event involves the announcement of the interest rate paid by the central bank to commercial banks for their overnight deposits.
Commercial banks deposit their excess reserves with Bank Indonesia, and they are compensated with an interest known as the Deposit Facility Rate. When the rate is adjusted higher, it incentivizes banks to place more of their excess reserves with the central bank, thus reducing the amount of money available in the economy. Conversely, when the rate is lowered, it discourages banks from depositing excess funds and encourages them to lend more, which stimulates economic activity.
Market participants closely monitor changes in the Deposit Facility Rate since the interest rate decisions can significantly impact the Indonesian Rupiah's exchange rate, inflation, and overall economic growth. Changes in the deposit facility rate can also influence the direction of other short-term interest rates in the country, which then impacts borrowing costs for both businesses and consumers.
The Lending Facility Rate event is an important economic calendar indicator in Indonesia that reflects the central bank's policy rate. The rate is set by the Bank of Indonesia and effectively represents the interest rate charged to commercial banks for borrowing funds from the central bank.
Decisions on the lending facility rate are determined after a careful analysis of various factors, including inflation, overall economic growth, and global market conditions. Financial institutions, investors, and businesses closely monitor this rate, as changes can significantly impact the economy.
A higher lending facility rate can lead to increased borrowing costs for commercial banks, which, in turn, can reduce the availability of credit for businesses and consumers, slowing down economic growth. Conversely, a lower rate can stimulate economic activity by making borrowing less expensive, thereby encouraging investment and spending.
The terms of a standardized loan are formally presented (usually in writing) to each party in the transaction before any money or property changes hands. If a lender requires any collateral, this will be stipulated in the loan documents as well. Most loans also have legal stipulations regarding the maximum amount of interest that can be charged, as well as other covenants such as the length of time before repayment is required. Loans can come from individuals, corporations, financial institutions and governments. They are a way to grow the overall money supply in an economy as well as open up competition, introduce new products and expand business operations. Loans are a primary source of revenue for many financial institutions such as banks, as well as some retailers through the use of credit facilities.
The Monetary Policy Committee votes on where to set the overnight interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.
A higher than expected reading should be taken as positive/bullish for the IDR, while a lower than expected reading should be taken as negative/bearish for the IDR.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
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.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
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.
Harmonised Index of Consumer Prices (HICP) in an index of consumer prices calculated and published by Eurostat, the Statistical Office of the European Union (EU), on the basis of a statistical methodology that has been harmonised across all EU Member States. HICP is a measure of prices used by the Governing Council of EU to define and assess price stability in the euro area as a whole in quantitative terms.
Harmonised Index of Consumer Prices (HICP) in an index of consumer prices calculated and published by Eurostat, the Statistical Office of the European Union (EU), on the basis of a statistical methodology that has been harmonised across all EU Member States. HICP is a measure of prices used by the Governing Council of EU to define and assess price stability in the euro area as a whole in quantitative terms.
The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the exports the data can have a sizable affect on the EUR.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the exports the data can have a sizable affect on the Euro.
A higher than expected reading should be taken as positive/bullish for the Euro, while a lower than expected reading should be taken as negative/bearish for the Euro.
The HICP are designed expressly for international comparisons of consumer price across EU Member States. these harmonized inflation figures will be used to inform decisions on which Member States meet price stability convergence criterion for EMU. However, they are not intended to replace existing national Consumer Price Indices (CPIs). The coverage of the indices is based on the EU classification COICOP (classification of individual consumption by purpose). As a result a number of CPI series are excluded from the HICP, most particularly owner occupiers housing and council tax. However, the HICP includes series for personal computers, new cars and air fairs.
The HICP are designed expressly for international comparisons of consumer price across EU Member States. these harmonized inflation figures will be used to inform decisions on which Member States meet price stability convergence criterion for EMU. However, they are not intended to replace existing national Consumer Price Indices (CPIs). The coverage of the indices is based on the EU classification COICOP (classification of individual consumption by purpose). As a result a number of CPI series are excluded from the HICP, most particularly owner occupiers housing and council tax. However, the HICP includes series for personal computers, new cars and air fairs.
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the ZAR, while a lower than expected reading should be taken as negative/bearish for the ZAR.
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the ZAR, while a lower than expected reading should be taken as negative/bearish for the ZAR.
The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. In other words, prices indicator of what is happening to prices, consumers are paying for items purchased. With a given starting point or base period which is usually taken as 100, the CPI can be used to compare current period consumer prices with those in the base period. Consumer Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys. A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. In other words, prices indicator of what is happening to prices, consumers are paying for items purchased. With a given starting point or base period which is usually taken as 100, the CPI can be used to compare current period consumer prices with those in the base period. Consumer Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys. A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
The European Central Bank's (ECB) Non-Monetary Policy Meeting is held once a month. A report based on decisions taken is published after the meeting. The European Central Bank regulates financial environment in the eurozone. The ECB administers monetary policy of the eurozone and is responsible for the following: - Conducting currency transactions - Managing gold and foreign exchange reserves of the ECB - Operation of the eurozone's financial market infrastructure - Issuing sanctions for euro emission (eurozone countries can issue euros, but the exclusive right to determine the emission amount and to issue a permission belongs to the ECB) - Collecting statistics on the fulfillment of policy by European regulators - Ensuring stability of the financial system, control over the banking sector - Some domestic and foreign policy issues related to economics and finance - Legal regulation and other aspects of the eurozone's financial system regulation, which are not related to monetary policy measures These questions are discussed during the Non-Monetary Policy Meeting. The meeting is held by the Governing Council, which includes 6 members of the Supervisory Board (including the President) and representatives of National Banks of the eurozone. Economists monitor this event in the context of the general current political and economic situation. This meeting has a lower impact on quotes than the Interest Rate decision or the Monetary Policy Meeting. However, in some cases, decisions taken during the meeting can indirectly affect euro quotes.
The Deposit Rate is an important economic indicator that influences the financial market and overall economic activity in Iceland. It represents the interest rate that the Central Bank of Iceland (CBI) pays on commercial banks' excess reserves held with the CBI.
Changes in the Deposit Rate can impact the exchange rate of the Icelandic króna and the credit market, due to its influence on commercial banks' lending and borrowing activities. When the CBI increases the Deposit Rate, banks generally receive higher returns on their excess reserves, encouraging them to hold on to reserves and reduce lending activities. This results in a lower money supply, which can curb inflation and strengthen the króna.
Conversely, if the CBI lowers the Deposit Rate, banks are incentivized to lend more to businesses and households, thereby stimulating economic growth and potentially weakening the króna. As a key monetary policy tool, the Deposit Rate is closely watched by investors, as it provides insights into the CBI's stance on monetary policy and the overall direction of the Icelandic economy.
The Office for National Statistics House Price Index measures the change in the selling price of homes. This data tends to have a relatively mild impact because there are several earlier indicators related to house prices.
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.
The Core Consumer Price Index (CPI) measures the change in the price of goods and services purchased by consumers, excluding food, energy, alcohol, and tobacco. The data has a relatively mild impact because overall CPI is the European Central Bank's mandated target.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
The Consumer Price Index (CPI) measures the change in the price of goods and services excluding tobacco from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
The Consumer Price Index (CPI) measures the change in the price of goods and services excluding tobacco from the perspective of the consumer. It is a key way to measure changes in purchasing trends.
The impact on the currency may go both ways, a rise in CPI may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.
The harmonised indices of consumer prices (HICPs) are calculated according to harmonised definitions and therefore provide the best statistical basis for international comparisons of consumer price inflation from the European Union perspective.The HICP for the euro area is the key indicator of price stability recognised by the European Central Bank and the European System of Central Banks.
The harmonised indices of consumer prices (HICPs) are calculated according to harmonised definitions and therefore provide the best statistical basis for international comparisons of consumer price inflation from the European Union perspective.The HICP for the euro area is the key indicator of price stability recognised by the European Central Bank and the European System of Central Banks.