Startseite Notierungen Kalender Forum
flag

FX.co ★ Trader Wirtschaftskalender. Internationale Wirtschaftsereignisse

Wirtschaftskalender

HiAll
Montag, 22 Februar
2021-02-22
Ifo Business Climate Index (Feb)

The Ifo Business Climate Index is a closely followed leading indicator for economic activity in Germany prepared by the Ifo Institute for Economic Research in Munich. It is based on ca. 7,000 monthly survey responses of firms in manufacturing, construction, wholesaling and retailing. The firms are asked to give their assessments of the current business situation and their expectations for the next six months. They can characterise their situation as "good", "satisfactorily" or "poor" and their business expectations for the next six months as "more favourable", "unchanged" or "more unfavourable". The replies are weighted according to the importance of the industry and aggregated. The balance value of the current business situation is the difference of the percentages of the responses "good" and "poor", the balance value of the expectations is the difference of the percentages of the responses "more favourable" and "more unfavourable". The business climate is a mean of the balances of the business situation and the expectations.

Vorherig
90.3
Prognose
90.5
Aktuell
92.4
2021-02-22
Ifo Current Assessment (Feb)

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP.

Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Current Assessment
Measures current German business conditions, without considering future expectations.

Vorherig
89.2
Prognose
89.0
Aktuell
90.6
2021-02-22
IFO - Expectations (Feb)

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP. Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Expectations
Based on firms' expectations for the next six months, where firms rate the future outlook as better, same, or worse.

Vorherig
91.5
Prognose
91.8
Aktuell
94.2
2021-02-22
Bundesbank Monthly Report

Market impact tends to be greater when the report reveals a viewpoint that clashes with the ECB's stance. It contains relevant articles, speeches, statistical tables, and provides detailed analysis of current and future economic conditions from the bank's viewpoint.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-22
NBB Business Climate (Feb)

Assesses overall business environment in a country.

Vorherig
-7.5
Prognose
-7.2
Aktuell
-4.4
2021-02-22
ECB President Christine Lagarde to deliver a speech

The comments of the head of the ECB Christine Lagarde can have a serious impact on the market, especially during periods when the ECB is expected to take non-standard measures and change the course of monetary policy. Hints that the ECB will go on about politicians can support the euro and the demand for risky assets in the short term.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-22
Leading Index (Jan)

The Index includes account inventory ratios, machinery orders, stock prices and other leading economic indicators. As the aggregate of many leading indices the Leading Economic Index provides a forecast of the future state of the domestic economy and is thought to predict activity that will occur 6-9 months after the reporting period.

The index operates on a 1-100 scale, where a value lower than 50 means that most indictors are negative and a value higher than 50 means most indicators are positive. In both cases a greater distance from the midpoint (50) means that the indicators are more strongly positive or negative.

Vorherig
109.7;
0.4%
Prognose
; 0.4%
Aktuell
110.3;
0.5%
2021-02-22
FOMC member Michelle Bowman to deliver a speech

Michelle Bowman has been a member of the Federal Reserve Board since November 2018 and is directly involved in shaping monetary policy. More optimistic statements, in comparison with expectations, can support the demand for risk. On the other hand, concerns about inflation could benefit the dollar on expectations of tightening policies.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-22
Retail Sales (4 quarter)

Change in the total value of inflation-adjusted sales at the retail level. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

Vorherig
27.8% q/q;
23.9% q/q
Prognose
-0.5% q/q;
-0.6% q/q
Aktuell
-2.7% q/q;
-3.1% q/q
Dienstag, 23 Februar
2021-02-23
Goods Trade Balance (Jan)

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.

Vorherig
9.18bln
Prognose
-
Aktuell
8.75bln
2021-02-23
Claimant Count Change (Jan)

The UK claimant count provides data on those individuals who are out of work and who are claiming some sort of unemployment benefit.

Vorherig
-20.4K
Prognose
13.8K
Aktuell
-20.0K
2021-02-23
Claimant Count Rate (Dec)

The Claimant Count is the UK's most timely measure of unemployment. The report measures the number of people who claim unemployment benefits, but actively seeking work. The Claimant Count serves as a barometer for the health of the UK labor market. Higher job growth accompanies economic expansion and could spark inflationary pressures.

The headline number is a percentage change in the figure.

Vorherig
5.0%
Prognose
5.1%
Aktuell
5.1%
2021-02-23
Average Earnings Index (Dec)

It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer.

Data represents the 3-month moving average compared to the same period a year earlier. A figure that excludes bonuses is also released, but not included for lack of significance. Source changed series calculation formula as of Jan 2010

Vorherig
3.7% 3m/y;
3.6% 3m/y
Prognose
4.1% 3m/y;
4.0% 3m/y
Aktuell
4.7% 3m/y;
4.1% 3m/y
2021-02-23
Producer & Import Prices (Jan)

Tracks inflation in producer and import prices in Switzerland . The headline figure is the percentage change in the index from the previous period.

Changes in this index will generally precede changes in the consumer price index, as higher import costs and producer prices tend to eventually be passed to consumers. As with any indicator of inflation, increases in producer and import prices tend to act as an appreciating weight for the Swiss franc because inflationary pressures are almost always met with interest rate increases from the Swiss central bank.

The figure represents changes in the combined producer and import price index, calculated from changes in producer prices and import prices, giving appropriate weight to the proportion of domestic and imported goods.

Vorherig
0.5% m/m;
-2.3% y/y
Prognose
0.4% m/m;
-2.7% y/y
Aktuell
0.3% m/m;
-2.1% y/y
2021-02-23
Consumer Price Index (Jan)

CPI is the key gauge for inflation in the Eurozone. Inflation, simply put, is a decline in the purchasing power of the Euro, where each Euro buys fewer goods and services due to higher consumer prices. The index tracks changes in the price of a basket of goods and services that a typical household might purchase. When the CPI is high, it indicates that significant inflationary pressures exist in Eurozone economies. This puts pressure on the European Central Bank to raise interest rates. When CPI comes out lower than expected, the ECB is expected to lower interest rates, or keep them lower, to encourage economic growth. As a rule, the Bank adjusts rates in order to keep Europe consumer price inflation in the 0 to 2 percent range.

Vorherig
0.9%
Prognose
0.9%
Aktuell
0.9%
2021-02-23
Consumer Price Index Core (Jan)

CPI is the key gauge for inflation in the Eurozone. Inflation, simply put, is a decline in the purchasing power of the Euro, where each Euro buys fewer goods and services due to higher consumer prices. The index tracks changes in the price of a basket of goods and services that a typical household might purchase. When the CPI is high, it indicates that significant inflationary pressures exist in Eurozone economies. This puts pressure on the European Central Bank to raise interest rates. When CPI comes out lower than expected, the ECB is expected to lower interest rates, or keep them lower, to encourage economic growth. As a rule, the Bank adjusts rates in order to keep Europe consumer price inflation in the 0 to 2 percent range.

Vorherig
1.4%
Prognose
1.4%
Aktuell
1.4%
2021-02-23
30-y Bond Auction (Feb)

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.

Vorherig
0.837%;
2.38
Prognose
-
Aktuell
1.302%;
2.20
2021-02-23
CBI retail sales volume balance (Feb)

Level of a diffusion index based on surveyed retailers and wholesalers: above 0 indicates higher sales volume, below indicates lower. This is a survey of about 160 retail and wholesale companies which asks respondents to rate the relative level of current sales volume. It's a leading indicator of consumer spending because retailer and wholesaler sales are directly influenced by consumer buying levels.
 

Vorherig
-50
Prognose
-39
Aktuell
-45
2021-02-23
Housing Starts (Jan)

Reflects the rate of growth in housing construction. Housing Starts act as an indicator measuring the strength of Canada's construction sector and housing market. Economists also use the figure as a leading indicator for the economy as a whole due to Housing Starts' sensitivity to changes in the business cycle. Housing Starts slow at the onset of a recession and quickly grow at the beginning of an economic boom; consequently, a high Housing Starts figure forecasts strong economic growth.

The headline figure is the percentage change in new home starts.

Vorherig
228.279K
Prognose
-
Aktuell
-
2021-02-23
House Price Index (Dec)

A resumptive index of house prices reflecting prices for new constructions and resale real estate markets. As all indices connected with the construction industry it can be seasonally adjusted.

Vorherig
1.0%
Prognose
1.0%
Aktuell
1.1%
2021-02-23
Case-Shiller 20 City (Dec)

The S&P Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions.

Vorherig
9.2%
Prognose
9.9%
Aktuell
10.1%
2021-02-23
Consumer Confidence (Feb)

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.

Vorherig
88.9
Prognose
90.2
Aktuell
91.3
2021-02-23
Richmond Fed Manufacturing Index (Feb)

Assesses regional manufacturing conditions for the Richmond Fed District. Based on mail-in surveys from a representative sample of manufacturing plants, the Richmond Fed Index seeks to track industrial performance. The report puts particular emphasis on inflationary pressures.

Though the Richmond Fed Manufacturing Survey is valued for its quick turnaround, it is still released after the ISM survey. As a result, the figure is often used to affirm or question the ISM report, and has little impact on markets. The Richmond Fed Manufacturing Survey also asks manufacturing executives to stress price expectations. Some markets participants use this data as an early gauge to CPI and PPI reports released a few days later.

The headline figure is a three-month average, calculated by finding the percentage difference between positive and negative responses for the last three months, using a zero boom/bust centerline.

Note: The survey covers such topics as shipments, order volume, backlog volume, capacity utilization, vendor lead time, employees, average workweek, wages, inventory levels, and capital expenditures. The Fifth District includes the District of Columbia , Maryland , both Carolinas, and most of the Virginias.

Vorherig
14
Prognose
16
Aktuell
14
2021-02-23
Federal Reserve Chairman Jerome Powell Speaks

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.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-23
BoC Governor Tief Maclem to deliver a speech

Typh Maclem has served as Governor (Governor) of the Bank of Canada since June 2020. Traders and investors listen very carefully to his speeches, as they may contain hints of a change in the course of monetary policy, or a change in the Bank's assessment of the economic outlook. A tougher stance on inflation and an increase in the forecast are favorable for the Canadian dollar. Concern about risks and ignoring inflation are negative for the exchange rate.

Vorherig
-
Prognose
-
Aktuell
-
Mittwoch, 24 Februar
2021-02-24
BRC Shop Price Index (Feb)

Change in the price of goods purchased at BRC-member retail stores.

Leads the government-released consumer inflation data by about 10 days, but has a narrower scope as it only includes goods purchased from retailers who belong to the BRC. This data is usually released 1 day before the Bank of England interest rate decision. Full reports are only available to BRC subscribers.

Vorherig
-2.2%
Prognose
-
Aktuell
-
2021-02-24
Construction Work Done (4 quarter)

The estimate for total construction work done. The estimate is published some time after the house-foundations laying data release and serves as a GDP indicator.

Vorherig
-1.8%
Prognose
1.1%
Aktuell
-0.9%
2021-02-24
Wage Cost Index (4 quarter)

Measures quarterly changes in Australian wages. Two versions of the Labor Price Index exist: one which includes bonuses, and one which excludes them. The Labor Price Index is similar to the US Employment Cost Index, an early indicator of wages pressure on inflation. An increase in the index suggests rising inflation pressures because firms tend to eventually pass higher labor costs onto consumers in the form of higher prices.

The headline figure is the quarterly percentage change in the Labor Price Index.

Technical note: The index is constructed by combining 8 separate indexes. The 4 wage price indices are:
• ordinary time hourly rates of pay excluding bonuses index
• ordinary time hourly rates of pay including bonuses index
• total hourly rates of pay excluding bonuses index
• total hourly rates of pay including bonuses index

The 4 non-wage price indices are:
• annual and public holiday leave
• superannuation
• payroll tax
• workers' compensation

Vorherig
0.1% q/q;
1.4% y/y
Prognose
0.3% q/q;
1.1% y/y
Aktuell
0.6% q/q;
1.4% y/y
2021-02-24
Official Cash Rate (Feb)

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.

Vorherig
0.25%
Prognose
0.25%
Aktuell
0.25%
2021-02-24
RBNZ Rate Statement

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.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-24
RBNZ Monetary Policy Statement

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.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-24
RBNZ Press Conference

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.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-24
BOJ Core CPI (Jan)

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.

Vorherig
-0.3%
Prognose
-0.2%
Aktuell
-0.3%
2021-02-24
GDP (4 quarter)

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.

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 lead monetary authorities to increase interest rates. Thus better than expected GDP figures are generally bullish for the Euro, while negative readings are generally bearish.

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.

French GDP figures, officially called Quarterly National Accounts, are released quarterly. The headline figures are annualized percentage changes in real and nominal GDP.

Vorherig
0.1% q/q;
-2.9% y/y
Prognose
0.1% q/q;
-2.9% y/y
Aktuell
0.3% q/q;
-2.7% y/y
2021-02-24
ZEW-CS Survey (Economic Expectations) (Feb)

The ZEW-CS Indicator is calculated monthly by the Centre for European Economic Research (ZEW) in cooperation with Credit Suisse (CS). The indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six-month time horizon.

Vorherig
43.2
Prognose
36.0
Aktuell
55.5
2021-02-24
10-y Bond Auction (Feb)

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.

Vorherig
-0.54%;
2.0
Prognose
-
Aktuell
-0.32%;
1.5
2021-02-24
MPC Member Andy Haldane Speaks

Andy Haldane is the Chief Economist at the Bank of England and also a voting member of the Bank’s Monetary Policy Committee since June 2014 until May 2017. He was acknowledged as being one amongst the world's 100 most influential people. His speeches are mainly focused on financial stability, monetary issues and market risks. All these topics may provide markets with a direction in the regulator’s situation assessment and its further actions.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-24
Corporate Profits (4 quarter)

Shows the dynamics in the amount of profit by the corresponding period. Growth reflects improvements in the corporate sector, which can support a course on speculation about stronger labor market performance in the future and a higher capital inflow in the country.

Vorherig
54.6%
Prognose
-
Aktuell
7.9%
2021-02-24
Leading indicators (Jan)

Movements in these indicators are known to precede larger developments in the rest of the economy.

The Index includes account inventory ratios, machinery orders, stock prices and other leading economic indicators. As the aggregate of many leading indices the Leading Economic Index provides a forecast of the future state of the domestic economy and is thought to predict activity that will occur 6-9 months after the reporting period.

The index operates on a 1-100 scale, where a value lower than 50 means that most indictors are negative and a value higher than 50 means most indicators are positive. In both cases a greater distance from the midpoint (50) means that the indicators are more strongly positive or negative.

Vorherig
151.7;
1.2%
Prognose
-
Aktuell
153.2;
1.0%
2021-02-24
Parliamentary Hearings on the BoE Monetary Policy Report

The members of the Bank of England's monetary committee and the head of the Bank once a quarter, after the publication of the report on monetary policy, speak to the Treasury committee, where they answer questions from parliamentarians and explain their vision of the situation in the economy and report on how they voted at meetings of the Bank of England over the past year.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-24
BOE Deputy Governor Andrew Bailey Speaks

Andrew Bailey assumed the role of Deputy Governor for Prudential Regulation and Chief Executive Officer of the Prudential Regulation Authority (PRA) on 1 April 2013. As Deputy Governor for Prudential Regulation and CEO of the PRA, Andrew Bailey is also a member of the Bank’s Court of Directors, the PRA Board, the Financial Policy Committee, and the Board of the Financial Conduct Authority.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-24
BOE Deputy Governor for Monetary Policy Ben Broadbent Speaks

Ben Broadbent became Deputy Governor on 1 July 2014. Prior to that, he was an external member of the Monetary Policy Committee from 1 June 2011. In addition to his membership of the Monetary Policy Committee and Financial Policy Committee, he has specific responsibility within the Bank for Monetary Policy, including monetary analysis and notes.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-24
MPC Member Gertjan Vlieghe Speaks

Vlieghe was an economic assistant to Lord Mervyn King at the Bank of England. He then worked as a bond strategist and director at the Deutsche Bank. Later, he worked as a senior economist at Brevan Howard, a hedge fund based in London.

On 28 July 2015, it was announced that he would replace David Miles in September 2015 in the nine-member Monetary Policy Committee (MPC) of the Bank of England.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-24
ILC Bank of England member Jonathan Haskell will deliver a speech

Jonathan Haskell will be a member of the Monetary Policy Committee of the Bank of England from September 1, 2018. Professor of Economics, held various managerial positions in educational institutions in the UK, taught students in Europe and the USA. Author of the book "Capitalism Without Capital". His statements can have an impact on the sterling rate, as they can affect the market's assessment of the balance of power in the cabinet.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-24
New Home Sales (Jan)

Records sales of newly constructed residences in the United States. The figure is a timely gauge of housing market conditions counting home sales when initial housing contracts are signed. Because New Home Sales usually trigger a sequence of consumption, they have significant market impact upon release. In addition to the high expenditure of the new home, buyers are likely to spend more money on furnishing customizing and financing their home. Consequently, growth in the housing market spurs more consumption, generating demand for goods, services and the employees who provide them.

Generally, the housing market is tracked by a number of reports that mark different stages of the construction and home sale process. The first stage is Building Permits, which precede Housing Starts, which lead to Construction Spending, MBA Mortgage Applications and, finally, New Home Sales and Existing Home Sales. As the headline housing figure, New Home Sales are believed to control some of the volatility of other data. For instance, Building Permits and Housing Starts are considered more indicative of business confidence and production rather than consumer spending. And while Existing Home Sales figures are more indicative of consumer expenditures, they are lagging indicators with less predictive value. New Home Sales numbers are considered confirmatory of housing trends and still predictive of consumer spending.

New Home Sales is also a good indicator of economic turning points due to its sensitivity to consumer income. Buying a house is always a major expenditure, typically only undertaken when consumers have sufficient savings or are optimistic about future earnings. Historically, when economic conditions slow, New Home Sales are one of the first indicators to reflect the change. By the same token, New Home Sales undergo substantial growth when the economy has emerged from recession and wages have begun to pick up.

The report headline is the total amount of properties sold.

Vorherig
885K;
5.5%
Prognose
853K;
2.1%
Aktuell
923K;
4.3%
2021-02-24
Federal Reserve Chairman Jerome Powell Speaks

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.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-24
Crude Oil Inventories (Feb)

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.

Vorherig
-7257K
Prognose
-6500K
Aktuell
1285K
2021-02-24
FOMC Member Lael Brainard Speaks

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.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-24
FOMC member Richard Clarida will deliver a speech

Richard Clarida has been serving as vice chairman of the Fed since September 17, 2018. He is a voting member of the FOMC, that is, he is directly involved in the formation of monetary policy. More optimistic statements, if expected, may support the demand for risk. On the other hand, concerns about inflation could benefit the dollar on expectations of tightening policies.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-24
RBNZ Governor Adrian Orr Speaks

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.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-24
FOMC member Richard Clarida will deliver a speech

Richard Clarida has been serving as vice chairman of the Fed since September 17, 2018. He is a voting member of the FOMC, that is, he is directly involved in the formation of monetary policy. More optimistic statements, if expected, may support the demand for risk. On the other hand, concerns about inflation could benefit the dollar on expectations of tightening policies.

Vorherig
-
Prognose
-
Aktuell
-
Donnerstag, 25 Februar
2021-02-25
ANZ Business Confidence (Feb)

The results of the ANZ Bank Business survey held among businesses nationwide.

Vorherig
11.8
Prognose
11.8
Aktuell
7.0
2021-02-25
Private Capital Expenditure (4 quarter)

The release is published every quarter, and about 60 days after the quarter ends. It is published by the Australian Bureau of Statistics, and measures the alteration in the overall inflation-amended value (real value) of new capital investments produced by private businesses. The data release is important for traders, as it is a top indicator of Australia’s economic health. Additionally, a change in the investment levels for businesses is usually a sign for future economic movement, including earning, spending and hiring.

Vorherig
-3.1%
Prognose
1.1%
Aktuell
3.0%
2021-02-25
Leading Indicators (Dec)

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.

Vorherig
94.9
Prognose
94.9
Aktuell
95.3
2021-02-25
GfK Consumer Climate (Mar)

The German group GfK uses this report to show the results of their survey on business consumer confidence in order to gauge the health of the German economy. It is a leading indicator of economic strength.

Vorherig
-15.5
Prognose
-14.0
Aktuell
-12.9
2021-02-25
Gov Budget Balance (Jan)

The Budget Balance released by MINEFA is the difference between income and expenditure at the end of the budget's period . If the amount is positive then the balance shows a surplus, to the contrary, if it is negative, the balance is in deficit, therefore unveiling borrowing needs. Generally, a surplus is seen as positive (or bullish) for the Euro and a deficit is seen as negative (or bearish).

Vorherig
-178.1bln
Prognose
-
Aktuell
-
2021-02-25
M3 Money Supply (Jan)

The broadest measure of money supply in use by Eurozone nations. It includes all currency in circulation, bank deposits, repurchase agreements, debt securities up to 2 years, and the value of money market shares. A larger money supply reduces the purchasing power of the Euro and puts downward pressure on the exchange rate. However, because an increase in M3 leads to price inflation, this figure can also be indicative of the likelihood of future interest rate hikes. The Eurozone M3 is reported in headlines as a percent change from the previous month or as a Three Month Average, which smoothes monthly volatility in the money supply.

Vorherig
12.4%
Prognose
12.6%
Aktuell
12.5%
2021-02-25
Private Sector Credit (Jan)

Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment.

Vorherig
3.1%
Prognose
3.2%
Aktuell
3.0%
2021-02-25
30-Year Bonds Auction (Feb)

Bonds with the longest maturity.

Vorherig
0.854%;
1.62
Prognose
-
Aktuell
-
2021-02-25
10-y Bond Auction (Feb)

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.

Vorherig
0.65%;
1.38
Prognose
-
Aktuell
-
2021-02-25
Consumer Confidence (Feb)

Consumer confidence is a measure of popular sentiment concerning the Eurozone economy. The figure is derived from a survey that asks thousands of consumers about personal expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Even though t he Italian economy is heavily driven by its export sector, domestic consumer confidence is an important gauge of overall economic activity and future inflationary pressures.

A headline figure above 50 shows positive consumer sentiment, while a number below 50 shows negative consumer sentiment; the greater the distance, the stronger the sentiment.

Vorherig
-14.8
Prognose
-14.8
Aktuell
-14.8
2021-02-25
ECB Executive Board Member Philip Lane speak

Phillip Lane has been a member of the executive board since June 2019, which makes decisions on monetary policy. He is an Irish economist who previously served as head of the Bank of Ireland. Investors and traders are following his speeches in order to hear hints of changes in economic forecasts.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-25
GDP (4 quarter)

The GDP for the United States is a gauge of the overall output (goods & services) of the US economy on the continental US GDP is the most comprehensive overall measure of economic output and provides key insight into the driving forces of the economy.

GDP Influence On Markets
If the figure increases, then the economy is improving, and thus the dollar tends to strengthen. If the number falls short of expectations or meets the consensus, dollar bearishness may be triggered. This sort of reaction is again tied to interest rates, as traders expect an accelerating economy, consumers will be affected by inflation and consequently interest rates will rise. However, much like the CPI, a negative change in GDP is more difficult to trade; just because the pace of growth has slowed does not mean it has deteriorated. On the other hand, a better than expected number will usually result in the dollar rising as it implicates that a quickly expanding economy will sooner or later require higher interest rates to keep inflation in check. Overall though, the GDP has fallen in significance and its ability to move markets since most of the components of the report are known in advance

Due to the untimeliness of this report and because data on GDP components are available beforehand, the actual GDP figure is usually well anticipated. But given its overall significance GDP has the tendency to move the market upon release, acting to confirm or upset economic expectations. Robust GDP growth signals a heightened level of activity that is generally associated with a healthy economy. However economic expansion also raises concerns about inflationary pressures which may lead to monetary policy tightening.

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 figure is commonly reported in headlines as an annualized percentage, based on quarterly data.

On a technical note: The GDP can be reported in either real or nominal terms, real GDP being adjusted for inflation. GDP actually has three releases, as an Advanced, Preliminary, and Final figure. The Advanced figure is released four weeks following the quarter's end. One month later, the Preliminary GDP is released, followed by the Final GDP measure at the end of the quarter following the reporting quarter. As the most timely measure, the Advanced GDP tends to move markets the most.

Vorherig
4.0%
Prognose
4.2%
Aktuell
4.1%
2021-02-25
GDP Price Index (4 quarter)

Measures changes in the prices of goods and services that are included in US GDP. The GDP Price Index is an indicator for inflation calculated by comparing the current GDP to GDP in the reference year. A high or rising GDP Price Index, like other indicators of inflation, puts pressure on the Federal Reserve to raise interest rates.

The GDP price index differs from other more popular inflation measures like CPI, in that it includes all products accounted for by GDP and does not include the affects of changes in import prices. Furthermore, the report is only released quarterly and commands little market attention because of it lack of timeliness.

The headline figure is the annualized percentage change.

Vorherig
2.0%
Prognose
2.0%
Aktuell
2.1%
2021-02-25
Durable Goods Orders (Jan)

The value of orders placed for relatively long-lasting goods. Durable Goods are expected to last more than three years. Such products often require large investments and usually reflect optimism on the part of the buyer that their expenditure will be worthwhile.

Because orders for goods have large sway over the actual production, this figure serves as an excellent forecast of US output to come. Durable Goods are typically sensitive to economic changes. When consumers become sceptical about economic conditions, sales of durable goods are one of the first to be impacted since consumers can delay purchases of durable items, like cars and televisions, only spending money on necessities in times of economic hardship. Conversely, when consumer confidence is restored, orders for durable goods rebound quickly.

Vorherig
1.2% m/m;
1.7% m/m
Prognose
0.9% m/m;
0.6% m/m
Aktuell
3.4% m/m;
1.4% m/m
2021-02-25
Unemployment Claims (Feb)

The indicator shows the number of unemployed people in the USA.

Vorherig
841K
Prognose
828K
Aktuell
730K
2021-02-25
Continuing Claims (Feb)

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.

Vorherig
4520K
Prognose
4467K
Aktuell
4419K
2021-02-25
FOMC Member Raphael W. Bostic Speaks

Federal Reserve Bank of Atlanta President Raphael Bostic - FOMC voting member 2018.

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. More hawkish than expected is good for currency.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-25
Pending Home Sales (Jan)

Tracks residential housing contract activity of existing single-family homes. The Pending Home Sales report is an advanced read on trends in the US housing market. Housing is typically correlated to the overall state of the economy; particularly indicative of economic turning points. A sharp drop in housing demand typically acts as a warning signal of economic slowdown as buyers are reluctant to purchase houses when interest rates are high, disposable income is low, or consumer confidence is low. Conversely, a rebound in the housing market is often a leading indicator of an economic recovery.

The report headline is expressed in percentage change in pending home sales from previous month.

Vorherig
0.5% m/m;
21.4% y/y
Prognose
0.2% m/m;
18.0% y/y
Aktuell
-2.8% m/m;
13.0% y/y
2021-02-25
EIA Natural Gas Storage Change (Feb)

Weekly report about natural gas storage change in the USA.

Vorherig
-237bln
Prognose
-323bln
Aktuell
-338bln
2021-02-25
FOMC Member Randal K. Quarles Speaks

Federal Reserve Governor Randal Quarles - FOMC voting member Oct 2017 - Jan 2032.

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.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-25
FOMC Member Raphael W. Bostic Speaks

Federal Reserve Bank of Atlanta President Raphael Bostic - FOMC voting member 2018.

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. More hawkish than expected is good for currency.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-25
FOMC Member John C. Williams Speaks

John C. Williams is President and CEO of the Federal Reserve Bank of San Francisco.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-25
Trade Balance (Jan)

A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

Surpluses and Deficits
A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

Ramifications of Trade Balance on Markets
There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

Vorherig
69M;
2975M
Prognose
-630M
Aktuell
-626M;
2745M
2021-02-25
National CPI (Feb)

National Consumer Price Index (CPI) is the key gauge for inflation in Japan. Simply put, inflation reflects a decline in the purchasing power of the Yen, where each Yen 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 a typical Japanese household might purchase. An increase in the index indicates that it takes more Yen to purchase this same set of basic consumer items.

Markets will typically pay more attention to "CPI excluding Fresh Food," because it excludes volatile food prices that can distort overall CPI. The headline figure for CPI is the percentage change in the index on a month to month or year to year basis.

As the most important indicator of inflation, CPI figures are closely followed by the Bank of Japan. Rising Consumer Prices may prompt the BoJ to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Yen more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Yen.

Vorherig
-0.5%
Prognose
-0.2%
Aktuell
-0.3%
2021-02-25
National CPI ex Fresh Food (Feb)

National Consumer Price Index (CPI) is the key gauge for inflation in Japan. Simply put, inflation reflects a decline in the purchasing power of the Yen, where each Yen 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 a typical Japanese household might purchase. An increase in the index indicates that it takes more Yen to purchase this same set of basic consumer items.

Markets will typically pay more attention to "CPI excluding Fresh Food," because it excludes volatile food prices that can distort overall CPI. The headline figure for CPI is the percentage change in the index on a month to month or year to year basis.

As the most important indicator of inflation, CPI figures are closely followed by the Bank of Japan. Rising Consumer Prices may prompt the BoJ to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Yen more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Yen.

Vorherig
-0.4%
Prognose
-0.4%
Aktuell
-0.3%
2021-02-25
Tokyo CPI ex Fresh Food & Energy (Feb)

An indicator of inflation experienced by consumers living in Tokyo, excluding such volatile item as fresh food.

Vorherig
0.2%
Prognose
0.2%
Aktuell
0.2%
2021-02-25
RBNZ Governor Adrian Orr Speaks

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.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-25
Retail Sales (Jan)

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.

Vorherig
-0.7% m/m;
-0.2% y/y
Prognose
-0.3% m/m;
-2.6% y/y
Aktuell
-0.5% m/m;
-2.4% y/y
2021-02-25
Industrial Production (Jan)

Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Japan. Industrial production is significant as a short-term indicator of the strength of Japanese 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.

Vorherig
-1.0% m/m;
-2.6% y/y
Prognose
3.9% m/m;
-2.0% y/y
Aktuell
4.2% m/m;
-5.3% y/y
Freitag, 26 Februar
2021-02-26
Private Sector Credit (Jan)

Private Sector Credit released by the Reserve Bank of Australia is an amount of money that the Australian private sector borrows.

Vorherig
0.3% m/m;
1.8% y/y
Prognose
0.3% m/m;
1.9% y/y
Aktuell
0.2% m/m;
1.7% y/y
2021-02-26
Housing Starts (Jan)

The Housing Starts figure reflects the rate of growth in housing construction. The number of housing starts is an indicator of the strength of Japan 's construction sector and a leading indicator for the direction of the economy as a whole. Housing Starts respond quickly to changes in the business cycle, promptly slowing at the onset of a recession and growing at the beginning of an economic boom. A high Housing Starts figure is generally bullish for the economy, as it indicates overall economic growth.

The headline figures are the year on year percentage change in value of housing starts, and the value of all houses started for construction that year.

Vorherig
0.784M;
-9.0%
Prognose
0.799M;
-1.8%
Aktuell
0.801M;
-3.1%
2021-02-26
Import Price Index (Jan)

This index measures changes in the prices of imports into a country per month.

Vorherig
0.6% m/m;
-3.4% y/y
Prognose
1.1% m/m;
-2.1% y/y
Aktuell
1.9% m/m;
-1.2% y/y
2021-02-26
Nationwide House Price Index (Feb)

Gauge for costs of homes in the United Kingdom. Mortgage data is used to provide a timely measure of the level of prices. House prices give good information current conditions in the housing market. The Index can precurse broader inflationary pressures felt in later more market moving reports should housing price pressures feed into consumer prices.
 

Vorherig
-0.3% m/m;
6.4% y/y
Prognose
0.2% m/m;
6.5% y/y
Aktuell
-
2021-02-26
Retail Sales (Jan)

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the Swiss economy since private consumption makes up a large portion of Swiss Gross Domestic Product. 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.

Vorherig
4.7%
Prognose
-
Aktuell
-
2021-02-26
GDP (4 quarter)

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.

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 lead monetary authorities to increase interest rates. Thus better than expected GDP figures are generally bullish for the Euro, while negative readings are generally bearish.

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.

French GDP figures, officially called Quarterly National Accounts, are released quarterly. The headline figures are annualized percentage changes in real and nominal GDP.

Vorherig
-1.3% q/q;
-5.0% y/y
Prognose
-1.3% q/q;
-5.0% y/y
Aktuell
-1.4% q/q;
-4.9% y/y
2021-02-26
Consumer Spending (Jan)

Change in the total value of inflation-adjusted goods expenditures by consumers.

Vorherig
22.4%
Prognose
-3.5%
Aktuell
-4.6%
2021-02-26
Consumer Price Index (Feb)

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. Simply put, inflation reflects a decline in the purchasing power of the Euro in France , where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical French household might purchase. An increase in the index indicates that it takes more Euros to purchase the same set of basic consumer items.

Vorherig
0.2% m/m;
0.6% y/y
Prognose
-0.3% m/m;
0.3% y/y
Aktuell
-0.1% m/m;
0.4% y/y
2021-02-26
KOF Economic Barometer (Feb)

The Swiss KOF Economic Barometer is a leading indicator which measures overall economic activity and is an excellent indicator of the direction of the Swiss economy. The KOF Economic Barometer is one or two quarters ahead of the GDP growth rate of the previous year and thus enables an initial estimate to be made of how the Swiss economy will perform in the next or in the next two quarters.

The Barometer is ultimately adjusted to take account of seasonal fluctuations and random factors. The Barometer is published monthly.

Vorherig
96.5
Prognose
96.5
Aktuell
102.7
2021-02-26
Gross Domestic Product (4 quarter)

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. GDP announcements generally conform to expectations as the number comes out after most production figures that lead to overall GDP have already been released. Although releases that are out of line with expectations are rare, unanticipated GDP growth can move markets simply because of its significance as an economic indicator.

Vorherig
7.6% q/q;
-1.4% y/y
Prognose
0.0% q/q;
-2.1% y/y
Aktuell
0.3% q/q;
-1.6% y/y
2021-02-26
CPI (Feb)

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.

Vorherig
0.5%
Prognose
0.6%
Aktuell
0.0%
2021-02-26
ECB Executive Board Member Isabelle Schnabel to deliver a speech

Isabelle Schnabel has been on the governing board since 2020. Prior to that, she was professor of financial economics and member of the German Council of Economic Experts. Her comments may have an impact on the quotes of the single currency, as she participates in the formation of monetary policy. Traders and investors, based on her comments, are trying to determine what the next step of the ECB will be.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-26
MPC Member Andy Haldane Speaks

Andy Haldane is the Chief Economist at the Bank of England and also a voting member of the Bank’s Monetary Policy Committee since June 2014 until May 2017. He was acknowledged as being one amongst the world's 100 most influential people. His speeches are mainly focused on financial stability, monetary issues and market risks. All these topics may provide markets with a direction in the regulator’s situation assessment and its further actions.

Vorherig
-
Prognose
-
Aktuell
-
2021-02-26
BOE Deputy Governor for Markets & Banking Sir David Ramsden Speaks

BOE MPC 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

Vorherig
-
Prognose
-
Aktuell
-
2021-02-26
Industrial Product Price Index (Jan)

Industrial Product Price Index released by the Statistics Canada measures price changes for major commodities sold by Canadian manufactures. Changes in the IPP index are widely followed as an indicator of commodity inflation.

Vorherig
1.7%
Prognose
2.0%
Aktuell
2.0%
2021-02-26
Raw Materials Price Index (Jan)

Measures the prices paid by Canadian manufacturers for key raw materials, including resources not produced in Canada. Also known as the Producer Price Index, the RMPI is an early measure of inflation. Although producers may not pass on changes in raw material prices to consumers immediately, the index will record these cost pressures before they reach the end consumer and affect inflation rates. The headline figure is the percentage change in the price index from the previous month and year.

The index includes prices for raw materials like mineral fuels, vegetable products, animal and animal products, wood, ferrous materials, non-ferrous metals, and non-metallic minerals.
 

Vorherig
3.5%
Prognose
2.9%
Aktuell
5.7%
2021-02-26
PCE Core (Jan)

Comprehensive measure of how much consumers spend each month, counting expenditures on durable goods, consumer products, and services. Personal Consumption is a comprehensive measure of GDP; consequently the figure is watched as an indicator for economic trends. Spending also has direct affect on inflationary pressures.

A healthy Personal Spending figure means that consumers are buying goods and services, fueling the economy and spurring output growth. The report is particularly valued for forecasting inflationary pressures. Taken in excess these high levels of consumption and production may lead to an overall increase in prices. Indeed, the Fed uses a measure of inflation derived from the PCE as their primary gauge of inflation.

On the other hand, persistently low Personal Spending may result in decreasing levels of output and an economic downturn.

Because income is either spent or saved, Personal Spending (when reported as a percent of income rather than the headline percent change) has an inverse relationship to personal saving. Economists watch the growth of Personal Spending in relation to income and saving to determine if consumers are living beyond their means, which would influence levels of borrowing and future consumption.

The PCE figure is released in headlines as a percent change from the previous month.

Core Personal Consumption Expenditure
Volatile items like food and energy can fluctuate widely due to seasonal and non-systemic factors. In order to provide a less erratic picture of Personal Consumption, food and energy items are excluded in the PCE core report.

The headline figure of PCE is expressed in percentage change in spending for the quarter.

Note: The Personal Consumption Expenditure figure is reported with the Personal Income and Outlays figure.

Vorherig
0.3% m/m;
1.4% y/y
Prognose
0.1% m/m;
1.4% y/y
Aktuell
0.3% m/m;
1.5% y/y
2021-02-26
Personal Spending (Jan)

Comprehensive measure of how much consumers spend each month, counting expenditures on durable goods, consumer products, and services. Personal Consumption is a comprehensive measure of GDP; consequently the figure is watched as an indicator for economic trends. Spending also has direct affect on inflationary pressures.

A healthy Personal Spending figure means that consumers are buying goods and services, fueling the economy and spurring output growth. The report is particularly valued for forecasting inflationary pressures. Taken in excess these high levels of consumption and production may lead to an overall increase in prices. Indeed, the Fed uses a measure of inflation derived from the PCE as their primary gauge of inflation.

On the other hand, persistently low Personal Spending may result in decreasing levels of output and an economic downturn.

Because income is either spent or saved, Personal Spending (when reported as a percent of income rather than the headline percent change) has an inverse relationship to personal saving. Economists watch the growth of Personal Spending in relation to income and saving to determine if consumers are living beyond their means, which would influence levels of borrowing and future consumption.

The PCE figure is released in headlines as a percent change from the previous month.

Vorherig
-0.4%
Prognose
2.6%
Aktuell
2.4%
2021-02-26
Personal Income (Jan)

Broad gauge of employee earnings in the US . Personal Income measures the pre-tax income households receive from employment, investments, and transfer payments. As wages and salaries make up the majority of Personal Income, the figure can provide insight on the US employment situation. However, because Personal Income is released after the headline employment figure and earnings figures, its impact on the market is muted. The figure is still useful in gauging the purchasing ability of consumers, though, as rising Personal Income allows for strong consumers spending. Such spending drives output growth and fuels the US economy.

Vorherig
0.6%
Prognose
9.4%
Aktuell
10.0%
2021-02-26
Goods Trade Balance (Jan)

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.

Vorherig
-83.2bln
Prognose
-83.0bln
Aktuell
-83.7bln
2021-02-26
Wholesale Inventories (Jan)

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.

Vorherig
0.5%
Prognose
0.3%
Aktuell
1.3%
2021-02-26
Chicago Purchasing Managers Index (Feb)

Monthly measure of the business conditions based on surveys of purchasing managers across Illinois, Indiana and Michigan. Released on the last business day of the reporting month, the report's significance has recently declined, with its only significance being that it precedes the more anticipated ISM report. Subsequently, it is used to predict the ISM report as the Chicago survey retains a high correlation with the broader economic release.

Referring to a benchmark of 50, the report is considered to reflect expansion when printing a reading of 50 or higher. Conversely, a reading of 49 and lower would be indicative of contraction.

Vorherig
63.8
Prognose
61.0
Aktuell
59.5
2021-02-26
Michigan Consumer Sentiment Index (Feb)

Assesses consumer confidence regarding personal finances, business conditions and purchasing power based on hundreds of telephone surveys. Especially valued for its quick turnaround, the University of Michigan Confidence survey is considered one of the foremost indicators of US consumer sentiment. The survey polls a smaller sample of consumers and is less established than the Conference Board Consumer Confidence Index.

Declining consumer confidence levels usually accompany any fall income or wages and precede drops in consumer spending. A low or falling sentiment value is considered an early indicator of an economic downturn. As a result, investors, retailers and traders alike all watch the figure for insight into the general health of the economy. The University of Michigan figures have recently preceded turning in overall GDP.

The headline figure is calculated by subtracting the percentage of unfavorable replies from the percentage of favorable replies.

Vorherig
76.2
Prognose
76.5
Aktuell
76.8
2021-02-26
UoM Inflation Expectations (Feb)

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).

Vorherig
3.3%;
2.7%
Prognose
-
Aktuell
3.3%;
2.7%
2021-02-26
Baker Hughes U.S. Rig Count (Feb)

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.

Vorherig
397
Prognose
-
Aktuell
402
Sonntag, 28 Februar
2021-02-28
PMI Manufacturing (Feb)

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.

Vorherig
51.3
Prognose
51.1
Aktuell
-
2021-02-28
Non-Manufacturing PMI (Feb)

It is a major indicator of the strength of the non-manufacturing sector of China.

Vorherig
52.4
Prognose
52.1
Aktuell
-
2021-02-28
Unemployment Rate (Jan)

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.

Vorherig
9.0%
Prognose
-
Aktuell
-
2021-02-28
Capital Spending (4 quarter)

Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years.

Vorherig
-10.6% кв/г;
-11.6% кв/г
Prognose
-
Aktuell
-
loader...
all-was_read__icon
Sie haben zur Zeit die besten Veröffentlichungen gesehen.
Wir suchen schon etwas Interessantes für Sie...
all-was_read__star
Kürzlich veröffentlicht:
loader...
Neuere Veröffentlichungen...