FX.co ★ Traders economic calendar. International economic events

The Westpac Consumer Sentiment Index measures the change in the level of consumer confidence in economic activity. On the index, a level above 100.0 indicates optimism; below indicates pessimism. The data is compiled from a survey of about 1,200 consumers which asks respondents to rate the relative level of past and future economic conditions.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.

The Reserve Bank of Australia (RBA) Monetary Policy Meeting Minutes are a detailed record of the bank's most recent policy-setting meeting, containing in-depth insights into the economic conditions that influenced the rate decision.

More dovish than expected minutes could be taken as negative/bearish for the AUD, while more hawkish than expected minutes could be taken as positive/bullish for the AUD.

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.

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 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 EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.

Capacity utilization is a concept in economics and managerial accounting which refers to the extent to which an enterprise or a nation actually uses its installed productive capacity. Thus, it refers to the relationship between actual output that 'is' actually produced with the installed equipment, and the potential output which 'could' be produced with it, if capacity was fully used. A rull of thumb is, when capacity utilization is stable above 80%, in most cases rates will start going up. A higher than expected number should be taken as positive to the JPY, while a lower than expected number as negative

Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

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 Tertiary Industry Index measures the change in the total value of services purchased by businesses. It is a leading indicator of economic health.

The Average Earnings Index is an indicator of inflationary pressures emanating from the labour market. The effect of a higher or lower figure than expected can be both bullish or bearish.

The Average Earnings Index measures change in the price businesses and the government pay for labor, including bonuses. The Average Earnings figure gives us a good indication of personal income growth during the given month.

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.

Claimant Count Change measures the change in the number of unemployed people in the U.K. during the reported month. A rising trend indicates weakness in the labor market, which has a trickle-down effect on consumer spending and economic growth.

A higher than expected reading should be taken as negative/bearish for the GBP, while lower than expected reading should be taken as positive/bullish for the GBP.

Change in the number of employed people. Data represents the 3-month moving average compared to the same period a year earlier.

The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous three months.

A higher than expected reading should be taken as negative/bearish for the GBP, while a lower than expected reading should be taken as positive/bullish for the GBP.

The Trade Balance index measures the difference in worth between exported and imported goods (exports minus imports). This is the largest component of a country's balance of payments.

Export data can give reflection on Spain's growth. Imports provide an indication of domestic demand. Because foreigners must buy the domestic currency to pay for the nation's exports, it may have 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.

This economic calendar event refers to a public speaking engagement by one of the Members of the Bank of England's (BoE) Financial Stability Committee, Sarah Breeden. These engagements may include speeches, panel discussions or testimony before parliament.

When BoE Breeden speaks, her remarks can provide valuable insight into both the current state of the UK economy and the Bank's monetary policy stance. Market participants, such as traders and investors, pay close attention to her speeches, as they may contain hints about potential shifts in monetary policy which can have a significant impact on financial markets and currency exchange rates.

Labor Productivity measures the change in labor efficiency of the United Kingdom workers when producing goods and services. Productivity and labor-related inflation are directly linked, a drop in a worker's productivity is equivalent to a rise in their wage. When businesses pay more for labor the higher costs are usually passed on to the consumer.

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 unemployment rate measures the percentage of the total work force that is unemployed and actively seeking employment during the reported month. A higher than expected reading should be taken as negitive/bearish for the HKD , while a lower than expected reading should be taken as positive/bullish for the HKD.

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 EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.

The figures displayed in the calendar represent the average yield on the Bobls note auctioned.

German Bobls notes have maturities of five years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital.

The yield on the Bobls represents the return an investor will receive by holding the treasury for its entire duration. All bidders receive the same rate at the highest accepted bid.

Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.

Measures the weighted-average price of 9 dairy products sold at auction every 2 weeks. It is viewed as a leading indicator of New Zealand's trade balance because rising commodity prices boost export income. The dairy industry is New Zealand's biggest export earner, accounting for more than 29% by value of the country's exports.

Measures the weighted-average price of 9 dairy products sold at auction every 2 weeks. It is viewed as a leading indicator of New Zealand's trade balance because rising commodity prices boost export income. The dairy industry is New Zealand's biggest export earner, accounting for more than 29% by value of the country's exports.

The Fed Waller Speaks event is an important occasion in the economic calendar of the United States, as it features a speech by Federal Reserve Bank of St. Louis President, Christopher J. Waller. Appointed to this prestigious position in 2020, Waller plays a significant role in shaping U.S. monetary policy as a voting member of the Federal Open Market Committee (FOMC).

During this event, financial analysts, market participants, and journalists keenly observe Waller's remarks, searching for cues on the Fed's monetary policy stance, economic outlook, and other factors that may influence markets, interest rates, and the U.S. dollar. Consequently, his speeches can generate volatility in financial markets, with traders adjusting their strategies based on any new insights revealed.

It is important for investors to keep an eye on the Fed Waller Speaks event, as it can offer valuable information about the future direction of monetary policy, helping them make informed decisions and better anticipate market reactions.

Philip R. Lane, member of the Executive Board of the European Central Bank, is set to speak. His speeches often contain indications on the future possible direction of monetary policy.

The ADP Employment Change Weekly report provides an estimation of the private sector employment change in the United States on a weekly basis. Compiled by the ADP Research Institute, this report offers insights into job growth trends within the non-farm private sector and is based on actual payroll data from ADP clients. It serves as a precursor to the monthly employment reports, giving early indications of labor market conditions by measuring the change in the number of employed people during the previous week, excluding government jobs and the farming industry. This metric is crucial for economists and policymakers to assess the health of the labor market and make informed decisions related to economic policy and labor practices.

Building Permits measures the change in the number of new building permits issued by the government. Building permits are a key indicator of demand in the housing market.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

Change in the price of goods and services, purchased by consumers, which have similar price variations over time.

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 CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer excluding foos and energy, wom prices tend to be very volatile. 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 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 CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

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 CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

Change in the median price of goods and services purchased by consumers.

Change in the price of goods and services purchased by consumers, excluding the most volatile 40% of items.

The New Housing Price Index (NHPI) measures the change in selling prices for new homes. It is a leading indicator of health in the housing sector.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.

The Redbook Index is a sales-weighted of year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9,000 stores. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.

The National Association of Realtors (NAR) Pending Home Sales Report measures the change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

The National Association of Realtors (NAR) Pending Home Sales Report measures the change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction. A higher than expected number should be taken as positive to the USD, 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.

Trade balance, called also net export, is the difference between the value of country's exports and imports, over a period of time. A positive balance (trade surplus) means that exports exceed imports, a negative one means the opposite. Positive trade balance illustrates high competitiveness of country's economy. This strengthens investors' interest in the local currency, appreciating its exchange rate. 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.

The American Petroleum Institute reports inventory levels of US crude oil, gasoline and distillates stocks. The figure shows how much oil and product is available in storage.The indicator gives an overview of US petroleum demand.

If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected.

If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected.

The Reuters Tankan is a monthly survey of leading Japanese companies, and it wasformally known as Telerate Tankan until it was renamed after the acquisition of Quick Moneyline Telerate Corp. by Reuters Group. It covers a panel of 200 manufacturers and 200 non-manufacturers. The monthly figures are designed to provide early indications of the BOJ's quarterly tankan. The indexes are derivedby subtracting the percentage of respondents who say business conditions are poor from the percentage of those who say they are good.