FX.co ★ Traders economic calendar. International economic events

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.

The Atlanta Fed GDPNow is an economic event that provides a real-time estimate of the United States' gross domestic product (GDP) growth for the current quarter. It serves as a valuable indicator for analysts, policymakers, and economists looking to gauge the health of the American economy.

Created and maintained by the Federal Reserve Bank of Atlanta, the GDPNow model utilizes a sophisticated algorithm that processes incoming data from official government sources. These sources include reports on manufacturing, trade, retail sales, housing, and other sectors, which allows the Atlanta Fed to update their GDP growth projections on a frequent basis.

As an essential benchmark for economic performance, the GDPNow forecast can significantly impact financial markets and influence investment decisions. Market participants often use the GDPNow forecast to adjust their expectations regarding monetary policies and various economic outcomes.

The figures displayed in the calendar represent the yield on the Treasury Bond auctioned.

U.S. Treasury Bonds have maturities from ten up to 30 years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital. The rate on a Treasury Bond represents the return an investor will receive by holding the bond 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.

The Fed balance sheet is a statement listing the assets and liabilities of the Federal Reserve System. Details of the Fed's balance sheet are disclosed by the Fed in a weekly report called "Factors Affecting Reserve Balances."

Reserve Balances with Federal Reserve Banks is the amount of money that depository institutions maintain in their accounts at their regional Federal Reserve Banks.

Foreign exchange reserves are only the foreign currency deposits held by central banks and monetary authorities. The Bank of South Korea operates in the FX markets by buying and selling foreign currency in response to exchange rate movements. The dollars which the Bank is purchasing become part of the Bank's foreign exchange reserves.

The Business NZ Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion; a reading below 50 indicates contraction. It gives an indication about the health of the manufacturing section and production growth in New Zealand.

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

Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent (since February 2012) is to speak. As a key adviser to RBA board members, who decide short term interest rates, Kent has considerable influence over the value of the Australian dollar. Traders scrutinize his public engagements for clues regarding future monetary policy.

His comments may determine a short-term positive or negative trend.

The Central Reserve Bank of Peru's Monetary Policy Committee decision on where to set the benchmark interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the PEN, while a lower than expected rate is negative/bearish for the PEN.

Bank Lending measures the change in the total value of outstanding bank loans issued to consumers and businesses. Borrowing and spending are closely correlated with consumer confidence.

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 Corporate Goods Price Index measures the price movement of domestically-produced and domestically-used goods with sample prices, collected either from the producer or wholesaler of these goods. (was WPI before).

The Corporate Goods Price Index (CGPI) measures the change in the selling prices of goods purchased by Japanese corporations. The CGPI measures the change in the rate of inflation in Japan from the perspective of the manufacturer and is correlated with consumer price inflation.

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.

Foreign capital actually utilized refers to the amount which has been actually used according to the agreements and contracts, including cash, materials and invisible capital such as labour service and technology which both parties agree to take as an investment. A higher than expected reading should be taken as positive/bullish for the PHP, while a lower than expected reading should be taken as negative/bearish for the PHP.

RBA Gov Bullock Speaks is an economic calendar event in which the Reserve Bank of Australia's (RBA) Assistant Governor, Michelle Bullock, publicly addresses an audience on a variety of topics related to the Australian economy, monetary policy, and financial stability. Her speeches may provide insight into the central bank's current and future monetary policy stance, as well as any changes to interest rates, inflation targets, and other key economic indicators.

Market participants closely monitor these speeches for any hints or policy-related information that could impact financial markets, the Australian dollar exchange rates, and future RBA decisions. Unanticipated shifts in policy or tone during these speeches can potentially lead to significant market reactions.

Federal Reserve Bank of San Francisco President and Chief Executive Officer Mary Daly. Her public engagements are often used to drop subtle clues regarding future monetary policy.

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

The Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) is a key economic calendar event for South Korea that gauges the overall confidence and financial outlook of consumers in the country. The index is based on a comprehensive survey conducted by the global research firm Ipsos and data provider Thomson Reuters, which polls thousands of individuals on various aspects of personal financial situations and general economic conditions.

A higher PCSI score indicates increased consumer optimism, which often translates into stronger spending habits and healthier economic growth. Conversely, a lower score suggests more pessimism among consumers, potentially leading to reduced spending and slower economic growth. Investors and policymakers keep a close eye on the PCSI, as changes in consumer sentiment can have significant impacts on the performance of the national economy.

As a forward-looking indicator, the Thomson Reuters IPSOS PCSI offers valuable insights into the future trajectory of the South Korean economy, providing valuable information for traders, businesses, and policymakers to make informed decisions.

The Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) is a monthly economic indicator that measures the overall confidence and sentiment of Indian consumers. The index is based on a survey conducted by research firm IPSOS in collaboration with Thomson Reuters, one of the world's leading providers of economic data and insights.

The PCSI is calculated using a sample of Indian consumers, who are asked about their perceptions and expectations concerning the economy, jobs, personal finances, and their willingness to make major purchases. The survey results are used to calculate the index value, with a higher score indicating stronger consumer confidence and a more optimistic outlook for the economy.

Investors, economists, and policymakers closely monitor the PCSI as it provides valuable insights into India's consumer market, predicting consumer behavior, and its potential impact on the country's economic growth. Changes in the PCSI can affect financial markets, currency exchange rates, and impact decisions on monetary and fiscal policies.

The Thomson Reuters IPSOS Primary Consumer Sentiment Index (PCSI) is a monthly economic calendar event that provides valuable insight into consumer confidence and sentiment in Australia. This important indicator is closely monitored by market analysts, economists, and policymakers, as it has the potential to significantly impact the nation's economy.

Consisting of a comprehensive survey conducted by global research firm IPSOS in partnership with Thomson Reuters, the PCSI measures consumers' current and future outlooks on various economic factors. These include personal finances, employment prospects, investment climate, and overall economic conditions. A higher-than-expected result implies consumer optimism and increased spending, which can positively affect the growth of the Australian economy. Conversely, a lower-than-expected result signifies consumer pessimism, potentially leading to reduced spending and slower economic growth.

As a valuable tool for both short-term traders and long-term investors, the Thomson Reuters IPSOS PCSI is released in the middle of each month, and its results can significantly impact the Australian stock market, currency pair values (such as AUD/USD), and other local financial instruments. Therefore, keeping a close eye on this economic calendar event is crucial for those seeking to assess the health of the Australian economy and adjust their trading strategies accordingly.

The Thomson Reuters IPSOS PCSI, also known as the Primary Consumer Sentiment Index, is a monthly economic calendar event for Japan that measures the overall consumer sentiment in the country. It is an important and widely-watched indicator of consumer confidence, as it offers insights into the Japanese public's perception of the economy and their financial situation.

This index is calculated using a combination of data collected from numerous sources, including surveys and questionnaires conducted by Thomson Reuters and the global research firm IPSOS. These surveys ask a representative sample of the Japanese population about their views on various aspects of the economy, such as personal finance, job security, government policy, and overall economic conditions.

A higher than expected reading of the Thomson Reuters IPSOS PCSI generally indicates increased optimism among consumers, potentially signaling increased spending and a stronger economy. Conversely, a lower than expected reading may be a sign of decreased consumer confidence and potential economic slowdown.

Investors and analysts closely monitor the Thomson Reuters IPSOS PCSI, as it provides valuable information about the country's economic health and can influence government policy as well as financial markets, including currency values and the stock market. Positive consumer sentiment can lead to increased consumer spending, which boosts overall economic growth, while negative sentiment can dampen spending and slow the economy.

The Thomson Reuters Ipsos Monthly Global Primary Consumer Sentiment Index is a composite index of 11 questions that run monthly via online polls in the countries surveyed. The data output is based on the views of a fresh, randomly selected representative sample each month of primary consumers aged 18-64 in the US and Canada and aged 16-62 in other countries. Primary consumers are a comparable, standardized and weighted group in each country based on a minimum level of education and income. The eleven questions capture consumer views on: 1. Current overall economic situation in country 2. Current state of economy in local area 3. Expectations of local economy in six months 4. Current personal financial situation rating 5. Expectations of personal financial situation in six months 6. Comfort in making major purchases 7. Comfort in making other household purchases 8. Confidence about job security 9. Confidence in ability to invest in the future 10. Experience with job loss as a result of economic conditions 11. Expectations of job loss as a result of economic conditions

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

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

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

Manufacturing Production measures the change in the total inflation-adjusted value of output produced by manufacturersA 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 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.

Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. A higher than expected reading should be taken as positive/bullish for the THB , while a lower than expected reading should be taken as negative/bearish for the THB.

The current account is the international flow of money for purposes other than investments. It offers a broad picture of how an economy is managing its finances with the rest of the world. If a country has a deficit in its currency account it means that it has a saving deficit. Current account records the values of the following: - trade balance exports and imports of goods and services - income payments and expenditure, interest, dividends, salaries - unilateral transfer, aid, taxes, one way gifts It shows how a country deals with the global economy on a non-investment basis.

Changes in the volume of the physical output of the nation's factories, mine and utilities are measured by the index of industrial production. The figure is calculated as a weighted aggregate of goods and reported in headlines as a percent change from previous months. Rising industrial production figures signify increasing economic growth and can positively influence the sentiment towardslocal currency. 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 Trade Balance index measures the difference in worth between exported and imported goods over the reported month. Export demand is directly linked to currency demand, while export demand also has an impact on production levels.

Gross Domestic Product (GDP) measures the change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.

A 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 Japanese Household Confidence indicator is a measure of the mood of consumers.

The index is based on data collected from a survey of around 5000 households.

The consumer confidence indicator is closely linked to consumer spending and correlated with personal income, purchasing power, employment and business conditions.

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 Japanese Household Confidence indicator is a measure of the mood of consumers.

The index is based on data collected from a survey of around 5000 households.

The consumer confidence indicator is closely linked to consumer spending and correlated with personal income, purchasing power, employment and business conditions.

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.

New orders measure the value of orders received in a given period of time. They are legally binding contracts between a consumer and a producer for delivering goods and services. New orders indicate future industrial output and production requirements.

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 purpose of the consumer price index is to measure the development of the prices charged to consumers for goods and services bought by private households in Denmark.The consumer price index is used as a measurement of and is a key economic figure, which is used by a large number of public and private companies and interested members of the general public in connection with monitoring economic developments. Furthermore, the index is used for regulating (indexation) contracts, pensions, wages and salaries, rents, etc. The index weights for the detailed indices (elementary aggregate indices) are calculated on the basis of data from the national accounts on final consumption expenditure of households in Denmark, supplemented by detailed information from the Household Budget Survey. A higher than expected reading should be taken as positive/bullish for the DKK , while a lower than expected reading should be taken as negative/bearish for the DKK.

The HICP, or Harmonised Index of Consumer Prices, is an economic calendar event for Denmark that measures the changes in the prices paid by consumers for a specific basket of goods and services. The index is harmonised across European Union (EU) countries using official guidelines in order to ensure comparability and reliability.

This indicator serves as a tool for understanding the inflation trends in Denmark and evaluating the effectiveness of the country's monetary and fiscal policies. A rise in the HICP signifies increasing inflation, which may prompt central banks to implement measures to manage inflationary pressures. Conversely, a decline in the HICP indicates deflation, which can lead to decreased spending and investment.

Investors and policymakers closely monitor the HICP due to its implications on the economy, interest rates, and currency valuation. It is important for market participants to keep an eye on this event in order to stay informed about the current state of the Danish economy and make informed decisions.

The consumer price index (CPI) is a measure of change in the general level of prices of goods and services bought by households over a specified period of time. It compares a household's cost for a Zpecific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. The consumer price index is used as a measurement of and is a key economic figure. CPI-ATE (CPI adjusted for tax changes and excluding energy products) is an indicator that is built upon the main components of CPI-AE and CPI-AT. Core inflation, adjusted for taxes and energy prices, is the measure used by the central bank in setting interest rates.

CPI-ATE (CPI adjusted for tax changes and excluding energy products) is an indicator that is built upon the main components of CPI-AE and CPI-AT. Core inflation, adjusted for taxes and energy prices, is the measure used by the central bank in setting interest rates. A higher than expected reading should be taken as positive/bullish for the NOK , while a lower than expected reading should be taken as negative/bearish for the NOK.

The consumer price index (CPI) is a measure of change over a specified period of time in the general level of prices of goods and services that a given population acquires, uses or pays for consumption. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. A higher than expected reading should be taken as positive/bullish for the NOK , while a lower than expected reading should be taken as negative/bearish for the NOK.

The consumer price index (CPI) is a measure of change over a specified period of time in the general level of prices of goods and services that a given population acquires, uses or pays for consumption. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. A higher than expected reading should be taken as positive/bullish for the NOK , while a lower than expected reading should be taken as negative/bearish for the NOK.

Quarterly Gross Domestic Product is calculated at market price (QGDP) and represents final result of production activity for resident productive units. Quarterly Gross Domestic Product at market price is estimated by two methods: a) output method b) expenditure method Main data sources used for quarterly Gross Domestic Product estimation: - statistical sources: short-term surveys regarding industrial production, construction, services, trade; production account for agriculture; short-term surveys regarding earnings and employment - financial-accounting sources: accounting statements of financial institutions; - administrative sources: execution of state budget and local budgets, and of social security budget; balance of payments. The revision of the quarterly accounts data is periodically done, when a new version of yearly national accounts is available. The revision of data has as objective to keep the coherence between the quarterly accounts and the yearly accounts.

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.

The industrial production index is calculated as a chain index. The weights used are value added from the annual national accounts.The method for seasonal adjustment is done by TRAMO/SEATS. Weight 0.9160 of total 1. A higher than expected reading should be taken as positive/bullish for the SEK , while a lower than expected reading should be taken as negative/bearish for the SEK.

The industrial production index is calculated as a chain index. The weights used are value added from the annual national accounts.The method for seasonal adjustment is done by TRAMO/SEATS. Weight 0.9160 of total 1. A higher than expected reading should be taken as positive/bullish for the SEK , while a lower than expected reading should be taken as negative/bearish for the SEK.

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.

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

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