The difference between imports and exports of goods. The difference between the total value of exports and the total value of imports. Wednesday, September 12, Industrial production is highly sensitive to the business cycle and can often predict future changes in employment, earnings, and personal income. Friday, September 14,
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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. Shall a bar be red and long, market observers expect this data to have great probability to move the Forex market. Shall this bar be yellow and short, the probability is viewed as low. For all economic calendar indicators, you will find the Previous number: For most indicators, we add a Consensus number: Better or worse than expected?
If we had a consensus published, it comes either in green it means the data is better than expected or in red worse than expected. You might want to focus on some type of data and ignore the rest: You can type a keyword or select countries, dates range, event categories or volatility degrees.
If you always need to see the same data when you come to our calendar, you can save your settings for the next visit! We said efficiency, right? We have more to give you that just the data you see at first sight. If you click on the name of the event, that will deploy a space with more information:. Big news events can, and often do, cause big swings with a single movement going several percent in one direction.
To know the events and releases better and learn different aspects that can influences or improve your trading, we collected some of the best educational articles, reports and videos about news trading.
Add to your site. Economic indicator news What do you know about Forex rates? For all components of the survey, responses are restricted to positive, negative, or unchanged. This simple structure allows the survey to be quick and efficient in terms of turnaround time, as well as easy to understand and interpret. The Economic Sentiment Indicator assesses future economic expectations for the whole Euro-zone.
The results are summarized as the number of positive responses minus the number of negative responses. A higher headline figure indicates a positive expectation for Euro-zone economy. Technical Note on Headline Number: The results of the survey are always presented as the difference between those experts that optimistic and those are pessimistic. For instance if 25 percent of analysts expect improvement, 35 percent expect decline, and 40 percent expect no change, the headline figure is 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. Measures the volume change of output of the manufacturing and energy sector. The industrial sector contributes to only a quarter of the Euro-zone GDP. However, most variations in GDP come from the industrial sector, whereas other sectors that contribute far more to national output historically have been very consistent regardless of economic cycles.
That is why tracking industrial production is very important for forecasting GDP changes. Gauges demand for mortgage application in the US. Growth in mortgages suggests a healthy housing market. Due to the multiplier effect housing has on the rest of the economy, rising activity suggests increased household income and economic expansion.
Among the various indices measured in the survey, the purchase index and refinancing index most accurately reflect where the housing market is headed. The purchasing index measures the change in existing home sales in all mortgage applications, while the refinance index measures the mortgage refinancing activity in all mortgage applications. Measures the extent to which Canadian manufacturing companies make use of their productive capacity factories and machinery.
Capacity Utilization Rates act as an indicator of overall demand in the economy. High Capacity Utilization Rates reflect that resources are in high demand, and this exerts inflationary pressures.
High Capacity Utilization Rates may also lead to new capital investments, such as new plants and equipment that promote growth in the future. The headline figure is reported as the ratio of actual production to potential production. The data is gathered from the Capital and Repairs Expenditure survey. Unlike some of the other surveys done by Statistics Canada , this survey is not mandatory.
Measures the price change of food and food services purchased by households. Higher food prices can result in economic slowdown because less disposable income will be used for non-food expenditures. Higher food prices can also result in inflation and signal future monetary action. Gauge for costs of homes in the United Kingdom. The figure is based on surveyors' opinions on the state of the market, calculated as is the percent of surveyors reporting a rise in prices minus those reporting a fall.
A rise in house prices indicates a strong housing market, which generally reflects a strong overall economy. As prices for input materials and the overall cost of manufacturing change, companies adjust retail prices accordingly. The headline numbers are the percentage change in the index month or month and annually. The total value of machinery orders placed at major manufacturers in Japan.
Machine Orders is considered the best leading indicator of business capital spending, and increases are indicative of stronger business confidence and a better forward outlook. Higher capital spending is also positive for the Japanese employment situation, as companies will generally require new employees to run new machinery.
The headline figure is the seasonally-adjusted month-on-month and annualized percentage change. Tracks the number of employed in Australia. A surge in new employment suggests higher spending potential and budding inflation pressures, which the RBA often counters with rate increases. The headline figure is the annualized percentage change in employed workers. The percent of unemployed persons in the labor force.
The Unemployment Rate serves as a leading indicator of the health of the labor market. The report is very timely, coming out just a few weeks after the reporting period. Additionally, the figure has a significant impact on the market because of the overall importance of employment for the economy. Higher unemployment leads to less income for Australian workers who, in turn, may reduce consumption. As consumer spending contributes to a majority of Australia 's GDP, developments in the labor market directly affect prospects for Australian growth.
Unemployed persons are those who have no job but are actively seeking work; the labor force is the total of employed and unemployed persons. The seasonally-adjusted proportion of the entire population that is currently employed or unemployed but actively seeking employment.
The Participation Rate indicates how much of the population is willing and able to work; thus, the figure is a snapshot of the productivity potential and current conditions of Australia 's labor market.
Report has little market impact. The annualized change in the value of condominiums sold each month within the capital. Although the Tokyo Condominium Sales report focuses on a narrow portion of Japan's housing sector, the figure is timely, coming out just two weeks after the reporting more, and has served as a leading indicator of the direction of the overall housing market.
The number is sometimes used to gauge strength in consumer spending. As a measure of the real estate market, the figure responds quickly to changes in the business cycle, promptly slowing at the onset of a recession and growing at the beginning of an economic boom. Increasing sales are generally bullish for the economy, as they indicate economic growth to come. 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 Germany , 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 German household might purchase.
An increase in the index indicates that it takes more Euros to purchase this same set of basic consumer items. The German CPI is significant as one of the primary gauges of inflation. As the largest Euro-zone economy, inflation in Germany will contribute significantly to inflation in the Euro-zone and the behavior of the European Central Bank. High or rising inflation acts as a signal to the ECB to raise interest rates, an action which will result in the strengthening of the Euro.
The headline figure for CPI is the percentage change in monthly and annualized percentage term. 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. 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.
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Forex Calendar - highly advanced, famously reliable Forex calendar packed with features and information that helps Forex traders make better decisions. Forex Factory is for professional foreign-exchange traders. Its mission is to keep traders connected to the markets, and to each other, in ways . Forex Factory Calendar Feature #2: Navigation Column On the navigation column, you can see that there are a few things there: a full calendar of the current month and clicking any of those those dates for the month will take you to a page where the you can see the schedule of what forex news is going to be released.