The percentage of unemployed people, measured by the ratio of individuals who are out of work and who are willing and able to work as opposed to the total number of individuals in the work force. A current account surplus reflects Yen flowing into Japan and this puts pressure on Yen to appreciate. Because the data in a cookie does not change when it travels back and forth, it has no way to affect how your computer runs, but they act more like logs i. Consequently, the deflator provides insight into the future direction of monetary policy as the Bank of Japan is inclined to raise interest rates when faced with higher inflation. No entries matching your query were found.
Our economic calendar shows upcoming events across the globe. With items ranked in order of importance - ‘low’, ‘medium’ and ‘high’ - use the forex calendar to see which events could subtly shift or substantially shake up the financial markets.
What is the Economic Calendar?
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. The European Central Bank's decision to increase, decrease, or maintain interest rates. Controlling interest rates is the key mechanism of monetary policy, and the ECB influences interest rates by first changing the "overnight rate" through the purchase or sale of government bonds.
Lowering rates can spur economic growth but may incite inflationary pressures. On the other hand, increasing rates slows inflation but can stymie growth.
The European Central Bank makes a concerted effort to be transparent in its policy. Frequent speeches by Bank Governers make policy goals clear and the Bank adheres to a stated inflation target of 2 percent, changing rates accordingly to meet that goal. Because of this, rate decisions are generally well anticipated, but very important nonetheless. The ECB's rate decision has an enormous influence on financial markets. Because the ECB interest rate is essentially the return investors receive while holding Euros, changes in rates affect the exchange rate of the Euro.
Because rate changes are usually well anticipated, the actual decision does not tend to impact the market. But if the ECB changes rates they will hold a press conference where some rationale for the decision is offered. Market participants pay close attention to the press conference, hoping to clue in on the likelihood of further rate changes. Often, the language used in the press conference holds important signals to how ECB feels about inflation and the economy.
The ECB President's language will be "hawish" if he is pessimistic about the inflation outlook for the economy. In that case, the market sees a higher chance of future rate hike. Conversely, if the ECB President believes inflation is in check, his remarks will be "dovish," and the market perceives a future rate increase to be unlikely. Higher housing prices suggest stronger consumer demand and growth in the housing market.
At the same time, higher housing prices that accompany economic expansion often lead to inflationary pressures. The headline number is the percentage change in the index. The New Housing Price Index takes into account the quality and features of the new homes sold.
For example, if selling prices for new homes are unchanged, but the features and quality of housing have increased e. CPI assesses changes in the cost of living by measuring changes consumer pay for a set of items. CPI serves as the headline figure for inflation. Simply put, inflation reflects a decline in the purchasing power of the dollar, where each dollar 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 American household might purchase. An increase in the Consumer Price Index indicates that it takes more dollars to purchase the same set basket of basic consumer items. Inflation is generally bad news for the economy, causing instability, uncertainty and hardship.
To address inflation, the Fed may raise interest rates. Price changes tend to cause consumers to switch from buying one good to a less expensive-other, a tendency that the fixed-basket CPI figure does not yet account for. Given that the PCE Deflator is a more comprehensive calculation, based on changes in consumption; it is the figure the Fed prefers.
The figure is released monthly, as either a month over month annualized percentage change, or percentage change for the full year. The figure is seasonally adjusted to account seasonal consumption patterns. On A Technical Note: The CPI includes over categories of goods and services included, divided into 8 main groups, each with a different weight: The volume of items produced in Japan 's mining and manufacturing industries.
All products, whether sold domestically or abroad, are included in the calculation of industrial production. Industrial production is highly sensitive to the business cycle and can often predict future changes in employment, earnings, and personal income.
For these reasons industrial production is considered a reliable leading indicator that conveys information about the overall health of the Japanese economy. Capacity utilization measures the extent to which Japanese manufacturing companies make use of their installed productive capacity factories and machinery. Capacity utilization reflects overall growth and demand in the economy. High capacity utilization usually exerts inflationary pressures as scarce resources are in high demand.
However, it may also lead to new capital investments, such as new plants, that promote growth in the future. As a technical note, capacity utilization is referred to as Operating Ratio by the Japanese Ministry of Economy, Trade and Industry, and indexed to the year with a base value of The headline figure is the percentage change in the index from the previous month or previous year.
The difference between exports and imports of Euro-zone goods and services. The Trade Balance is one of the biggest components of Europe 's Balance of Payment, and thus gives valuable insight into pressures on the value of the Euro.
A negative Trade Balance figure deficit indicates that imports are greater than imports. When exports are greater than imports, the Euro-zone experiences a trade surplus. Trade surpluses indicate that funds are coming into Europe in exchange for exported goods and services. Because such exported goods are usually purchased with Euros, trade surpluses typically indicates that currency is flowing into the Euro-zone.
Such currency inflows may lead to a natural appreciation of a Euro, unless countered by similar capital outflows. There are a number of factors that work to diminish the market impact of Euro-zone Balance of Trade. The report is not very timely, released fifty days after the reporting period. In addition, developments in many of the Trade Balance's components are typically well anticipated.
Lastly, since the report reflects data for a specific reporting month, any significant changes in the Trade Balance should plausibly have been already felt during that month and not during the release of data.
Despite these considerations, and because of the overall significance of Trade Balance data, the release has historically been one of the more important reports out of Europe. The headline figure for trade balance is expressed in millions of Euros, and usually accompanied by the year-on-year percentage change.
Capacity Utilization measures the extent to which U. Capacity Utilization reflects overall growth and demand in the economy, rising when the economy is vibrant, and falling when demand softens. High capacity utilization also exerts inflationary pressures as scarce resources are in higher demand.
Unsold goods held by manufacturers, wholesalers and retailers. Business Inventories are often able to show economic turning points. A significant decrease in inventories implies that the economy is on the verge of rapid growth because stockrooms for businesses are empty and need to be replenished, which triggers higher production overall.
Inventories are also useful when examined in conjunction with total business sales. Rising inventories paired with slackening business sales are indicative of troubled economic times. When business sales slow, retailers' inventories increase and they are forced cut back on wholesale orders. Wholesalers, affected by the fear of swelling inventories, will slow or even shut down production in factories. Recent technological advancements allow firms to manage inventories more efficiently, keeping inventory levels lower.
Accordingly, declines in inventory stores are often indicative of productivity increases rather than changes in demand. But these logistical advances put particular emphasis on growing inventories.
Increases in stocks of goods signal declining demand in America. While the Business Inventories figure is released with the Advanced Retail Sales report, the Advanced Retail Sales report features a lag time of merely two weeks.
The Business Inventories' lag time is three times as long, making it an indicator that follows rather than leads the overall pace of the economy. Market participants tend to focus more on the Advanced Retail Sales figures. Data sourced by Thomson Reuters DailyFX provides traders with an easy to use and customizable real-time calendar that updates automatically during announcements.
Keep track of significant events that traders care about. As soon as event data is released, the DailyFX calendar automatically updates to provide traders with instantaneous information that they can use to formulate their trading decisions.
A demo account is intended to familiarize you with the tools and features of our trading platforms and to facilitate the testing of trading strategies in a risk-free environment. Results achieved on the demo account are hypothetical and no representation is made that any account will or is likely to achieve actual profits or losses similar to those achieved in the demo account.
Conditions in the demo account cannot always reasonably reflect all of the market conditions that may affect pricing and execution in a live trading environment. Prev Week Sun Sep. Table Key L Low Importance. Add to Calendar Cancel. Thank you, the event has been exported to your calendar. Time Host Duration Register now. A statistical estimate that measures changes in the price of services and consumer goods.
CPI is used as a measure of inflation, as it reports price changes in over categories. A monthly released key indicator of future manufacturing activity with indications to new orders placed with domestic manufacturers for the upcoming delivery of durable goods. A quarterly economic series that indicates the rising and falling tendencies in employment costs. It measures inflation in salaries, wages and employer-paid benefits in the US. It indicates the economic growth of a country, and it is determined by product output, income and expenditure.
GDB is often correlated with the living standard. It is the market value of all services and goods produced in a country during a certain time period. Gross Domestic Product Deflator. A measure of price levels for all goods and services in an economy. The use of the deflator helps you calculate the difference between nominal and real GDP.
An indicator for the changes in output in the industrial sector e. It indicates the industrial capacity of a country. It is released by the US Federal Reserve every month and it measures economic activity, showing data for the previous month about the total amount of US industrial production.
The IPCU encourages buying or selling in certain industries. International Trade trade balance. It measures the difference imports vs exports of all goods and services. Changes in imports and exports, together with the level of the international trade balance, indicate market trends. A business survey based on the latest economic data of over 7, German business leaders. It provides assessment of the current and upcoming economic climate in Germany and Europe. It measures economy in general, and the manufacturing sector in particular.
It sums up the survey of over companies in all US states, and it calculates data of production, new orders, and employment. A monthly report released by the US Department of Labor that provides statistical data about the current state of the US labor market. It is also used to forecast future levels of economic activity. A frequently used economic indicator that measures the average changes in selling prices received by domestic producers in manufacturing, mining, electric utility, and agriculture.
PMI over 50 usually indicates an expanding economy, while anything below 50 indicates economic contraction. As a timely indicator of broad consumer spending patterns, it can be used to assess the immediate direction of an economy. Tankan Short-period Economy Observation. A quarterly business poll issued by the Bank of Japan on the status of Japanese economy. It considerably affects currency rates and stocks, and as such, it is considered a major financial indicator in Japan.
The Real-time Economic Calendar only provides general information and it is not meant to be a trading guide. FXStreet commits to offer the most accurate contents but due to the large amount of data and the wide range of official sources, FXStreet cannot be held responsible for the eventual inaccuracies that might occur. The Real-time Economic Calendar may also be subject to change without any previous notice.
Have you seen these interesting charts? We have a dedicated team of economists and journalists who update all the data 24h a day, 5 days a week. To trade Forex through fundamental analysis, you have to check how economies over the world are doing based on their macroeconomics data such as GDP, employment, consumption data, inflation… , watching closely the countries of the currencies you are trading the most. All data are displayed in chronological order, divided by day.
A light grey horizontal line shows you where we stand at the moment and below that line go all upcoming data. Time left before next release is indicated so you quickly grasp when this is coming. When a new data is released, the calendar page is automatically refreshed so you do not miss it. If you want, you can enable a sound notification for all releases. A flag icon indicates the country of the data release, and next to it, its currency.
So you can quickly scan and see what currencies might be affected today or in some specific days.
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