Datasets:
Ehsanrs2
/
Forex_Factory_Calendar

Dataset card Data Studio Files
xet
Community
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DateTime
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2007-01-01 04:30:00+0330
2025-04-07 21:30:00+0330
Currency
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10 values
Impact
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4 values
Event
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593 values
Actual
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1
9
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Forecast
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Detail
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2007-02-15T02:30:00+03:30
NZD
Low Impact Expected
BusinessNZ Manufacturing Index
56.0
null
54.3
Source: BusinessNZ (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Mar 16, 2007 | FF Notes: Above 50.0 indicates expansion, below indicates contraction; | Derived Via: Survey of manufacturers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories; | Also Called: Performance of Manufacturing Index;
2007-02-15T03:20:00+03:30
JPY
High Impact Expected
Prelim GDP q/q
1.2%
0.9%
0.1%
Source: Cabinet Office (latest release) | Measures: Change in the inflation-adjusted value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 45 days after the quarter ends; | Next Release: May 17, 2007 | FF Notes: There are 2 versions of GDP released about a month apart – Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact. Source changed series calculation formula as of Dec 2004, Aug 2002, and Dec 2000; | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Also Called: Real GDP; | Acro Expand: Gross Domestic Product (GDP);
2007-02-15T03:31:00+03:30
GBP
Medium Impact Expected
RICS House Price Balance
28%
34%
37%
Source: RICS (latest release) | Measures: Level of a diffusion index based on surveyed property surveyors; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Mar 13, 2007 | FF Notes: Data represents the percentage of surveyors reporting a price increase in their designated area. Above 0.0% indicates more surveyors reported a rise in prices, below indicates more reported a fall; | Why Traders Care: It's a leading indicator of housing inflation because surveyors have access to the most recent price data by virtue of their job; | Acro Expand: Royal Institution of Chartered Surveyors (RICS);
2007-02-15T04:00:00+03:30
AUD
Low Impact Expected
HPI q/q
0.9%
1.8%
2.1%
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the selling price of homes in the nation's 8 state capitals; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: May 9, 2007 | FF Notes: Source discontinued this data in Mar 2022; | Why Traders Care: It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity; | Acro Expand: House Price Index (HPI);
2007-02-15T13:00:00+03:30
GBP
High Impact Expected
Retail Sales m/m
-1.8%
0.2%
1.1%
Source: Office for National Statistics (latest release) | Measures: Change in the total value of inflation-adjusted sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Mar 22, 2007 | FF Notes: Source changed series calculation formula as of Feb 2010; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Sales Volume, All Retailers sales;
2007-02-15T13:30:00+03:30
CHF
Medium Impact Expected
UBS Economic Expectations
-17.3
null
-10.8
Source: UBS AG (latest release) | Measures: Level of a diffusion index based on surveyed institutional investors and analysts; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around about 26 days after the month ends; | Next Release: Mar 14, 2007 | FF Notes: Above 0.0 indicates optimism, below indicates pessimism; | Why Traders Care: It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity; | Derived Via: Survey of about 30 institutional investors and analysts which asks respondents to rate the relative 6-month economic outlook for Switzerland; | Also Called: CFA/UBS Economic Expectations; | Acro Expand: Union Bank of Switzerland (UBS), Chartered Financial Analysts (CFA);
2007-02-15T14:30:00+03:30
EUR
Medium Impact Expected
ECB President Trichet Speaks
null
null
null
Description: Due to speak at the Chamber of Commerce and Industry, in Amsterdam; | Source: European Central Bank (latest release) | Speaker: ECB President Jean-Claude Trichet; | Next Release: Feb 28, 2007 | FF Notes: ECB President Nov 2003 - Oct 2011. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the ECB, which controls short term interest rates, he has more influence over the euro's value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy; | Acro Expand: European Central Bank (ECB);
2007-02-15T17:00:00+03:30
CAD
Medium Impact Expected
Manufacturing Sales m/m
1.7%
0.6%
2.4%
Source: Statistics Canada (latest release) | Measures: Change in the total value of sales made by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Mar 15, 2007 | Why Traders Care: It's a leading indicator of economic health - manufacturers are quickly affected by market conditions, and changes in their sales can be an early signal of future activity such as spending, hiring, and investment; | Also Called: Manufacturing Shipments, Factory Sales;
2007-02-15T17:30:00+03:30
USD
High Impact Expected
TIC Long-Term Purchases
15.6B
60.0B
84.9B
Source: US Department of the Treasury (latest release) | Measures: Difference in value between foreign long-term securities purchased by US citizens and US long-term securities purchased by foreigners during the reported period; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Mar 15, 2007 | FF Notes: This data represents the balance of domestic and foreign investment - for example, if foreigners purchased $100 billion in US stocks and bonds, and the US purchased $30 billion in foreign stocks and bonds, the net reading would be 70.0B; | Why Traders Care: Demand for domestic securities and currency demand are directly linked because foreigners must buy the domestic currency to purchase the nation's securities; | Also Called: Net Long-term Securities Transactions; | Acro Expand: Treasury International Capital (TIC);
2007-02-15T17:45:00+03:30
USD
Medium Impact Expected
Capacity Utilization Rate
81.2%
81.8%
81.8%
Source: Federal Reserve (latest release) | Measures: Percentage of available resources being utilized by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Mar 16, 2007 | Why Traders Care: It's a leading indicator of consumer inflation - when producers are nearing full capacity they respond by raising prices, and the higher costs are usually passed on to the consumer;
2007-02-15T18:30:00+03:30
USD
High Impact Expected
Fed Chairman Bernanke Testifies
null
null
null
Description: Due to testify on the Semiannual Monetary Policy Report before the House Financial Services Committee, in Washington DC; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Chairman Ben Bernanke; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Feb 28, 2007 | FF Notes: 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; | Why Traders Care: 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; | Acro Expand: Federal Reserve (Fed);
2007-02-15T19:00:00+03:30
CAD
Low Impact Expected
BOC Review
null
null
null
Source: Bank of Canada (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Twice per year; | Next Release: May 17, 2007 | FF Notes: Source discontinued this report in Nov 2017; | Acro Expand: Bank of Canada (BOC);
2007-02-15T20:30:00+03:30
USD
Medium Impact Expected
Philly Fed Manufacturing Index
0.6
3.5
8.3
Source: Federal Reserve Bank of Philadelphia (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers in Philadelphia; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third Thursday of the current month; | Next Release: Mar 15, 2007 | FF Notes: Above 0.0 indicates improving conditions, below indicates worsening conditions; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 250 manufacturers in the Philadelphia Federal Reserve district which asks respondents to rate the relative level of general business conditions; | Also Called: Philadelphia Fed Business Outlook Survey;
2007-02-15T21:30:00+03:30
USD
Low Impact Expected
NAHB Housing Market Index
40
35
35
Source: NAHB (latest release) | Measures: Level of a diffusion index based on surveyed home builders; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the middle of the current month; | Next Release: Mar 19, 2007 | FF Notes: Above 50 indicates a favorable outlook on home sales, below indicates a negative outlook; | Derived Via: Survey of about 900 home builders which asks respondents to rate the relative level of current and future single-family home sales; | Also Called: NAHB/Wells Fargo Housing Market Index; | Acro Expand: National Association of Home Builders (NAHB);
2007-02-16T00:00:00+03:30
USD
Medium Impact Expected
Building Permits
1.57M
1.59M
1.61M
Source: Census Bureau (latest release) | Measures: Annualized number of new residential building permits issued during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the 12th business day after the month ends; | Next Release: Mar 20, 2007 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12); | Why Traders Care: It's an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building; | Also Called: Residential Building Permits;
2007-02-16T00:00:00+03:30
USD
Low Impact Expected
Prelim UoM Inflation Expectations
3.0%
null
3.0%
Source: University of Michigan (latest release) | Measures: Percentage that consumers expect the price of goods and services to change during the next 12 months; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the middle of the current month; | Next Release: Mar 16, 2007 | FF Notes: There are 2 versions of this data released 14 days apart – Preliminary and Revised. The Preliminary release is the earlier and thus tends to have the most impact; | Why Traders Care: Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise; | Derived Via: Survey of about 420 consumers which asks respondents where they expect prices to be 12 months in the future; | Acro Expand: University of Michigan (UoM);
2007-02-16T00:00:00+03:30
USD
Medium Impact Expected
Core PPI m/m
0.2%
0.2%
0.2%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of finished goods and services sold by producers, excluding food and energy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Mar 15, 2007 | FF Notes: Source changed series calculation formula as of Feb 2014. Food and energy prices make up about 40% of overall PPI which tends to mute the importance of the Core data; | Also Called: Core Finished Goods PPI, Core PPI for Final Demand; | Acro Expand: Producer Price Index (PPI);
2007-02-16T00:00:00+03:30
USD
Medium Impact Expected
Housing Starts
1.41M
1.61M
1.64M
Source: Census Bureau (latest release) | Measures: Annualized number of new residential buildings that began construction during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the 12th business day after the month ends; | Next Release: Mar 20, 2007 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12). This data is slightly overshadowed by Building Permits because they are tightly correlated and a permit must be issued before a house can begin construction; | Why Traders Care: It's a leading indicator of economic health because building construction produces a wide-reaching ripple effect. For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder;
2007-02-16T03:20:00+03:30
JPY
Medium Impact Expected
Tertiary Industry Activity m/m
-0.4%
-0.1%
0.0%
Source: METI (latest release) | Measures: Change in the total value of services purchased by businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Mar 16, 2007 | Why Traders Care: It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their spending can be an early signal of future economic activity such as hiring, earnings, and investment;
2007-02-16T10:30:00+03:30
EUR
Low Impact Expected
German Final CPI m/m
-0.2%
-0.2%
-0.2%
Source: Destatis (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Mar 15, 2007 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of CPI released about 15 days apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact; | Acro Expand: Consumer Price Index (CPI);
2007-02-16T11:15:00+03:30
EUR
Medium Impact Expected
French Prelim Private Payrolls q/q
0.2%
0.2%
0.2%
Source: INSEE (latest release) | Measures: Change in the number of employed people, excluding the farming industry and government; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 45 days after the quarter ends; | Next Release: May 16, 2007 | FF Notes: There are 2 versions of this indicator released about a month apart - Preliminary and Final. Both tend to have a muted impact because there are several earlier indicators related to Eurozone labor conditions; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Also Called: Non-Farm Employment, Provisional Employment;
2007-02-16T11:45:00+03:30
CHF
Medium Impact Expected
Retail Sales y/y
0.8%
2.5%
3.3%
Source: Federal Statistical Office (latest release) | Measures: Change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Mar 16, 2007 | FF Notes: Source changed series calculation formula as of Jan 2010; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Real Retail Sales;
2007-02-16T12:30:00+03:30
EUR
Low Impact Expected
Italian Trade Balance
-0.59B
-0.20B
-0.93B
Source: Istat (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Mar 16, 2007 | FF Notes: A positive number indicates that more goods were exported than imported. This is one of the few non-seasonally adjusted numbers reported on the calendar, as it's the primary calculation for this indicator;
2007-02-16T13:30:00+03:30
EUR
Low Impact Expected
Trade Balance
0.7B
3.2B
4.4B
Source: Eurostat (latest release) | Measures: Difference in value between imported and exported goods and services during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Mar 22, 2007 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. Tends to have a muted impact because Germany and France, which account for about half of the Eurozone's economy, release earlier trade data. A positive Trade Balance indicates that more goods and services were exported than imported;
2007-02-16T17:00:00+03:30
USD
High Impact Expected
PPI m/m
-0.6%
-0.6%
0.9%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of finished goods and services sold by producers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Mar 15, 2007 | FF Notes: Source changed series calculation formula as of Feb 2014; | Why Traders Care: It's a leading indicator of consumer inflation - when producers charge more for goods and services the higher costs are usually passed on to the consumer; | Also Called: Finished Goods PPI, Wholesale Prices, PPI for Final Demand; | Acro Expand: Producer Price Index (PPI);
2007-02-16T18:30:00+03:30
USD
High Impact Expected
Prelim UoM Consumer Sentiment
93.3
96.5
96.9
Source: University of Michigan (latest release) | Measures: Level of a composite index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the middle of the current month; | Next Release: Mar 16, 2007 | FF Notes: There are 2 versions of this data released 14 days apart – Preliminary and Revised. The Preliminary release is the earlier and thus tends to have the most impact; | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 420 consumers which asks respondents to rate the relative level of current and future economic conditions; | Acro Expand: University of Michigan (UoM);
2007-02-19T00:00:00+03:30
CAD
Medium Impact Expected
Wholesale Sales m/m
2.7%
0.6%
0.3%
Source: Statistics Canada (latest release) | Measures: Change in the total value of sales at the wholesale level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Mar 19, 2007 | Why Traders Care: It's a leading indicator of consumer spending - retailers generally order more goods from wholesalers when they expect consumer sales to increase; | Also Called: Wholesale Trade;
2007-02-19T03:30:00+03:30
CNY
Non-Economic
Bank Holiday
null
null
null
Description: Chinese banks will be closed in observance of the Spring Festival; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Feb 20, 2007 | FF Notes: Most Forex brokers remain open for every holiday except Christmas and New Year's Day. Stock markets and banks have slightly different holiday schedules; | Why Traders Care: Banks facilitate the majority of foreign exchange volume. When they are closed the market is less liquid and speculators become a more dominant market influence. This can lead to both abnormally low and abnormally high volatility;
2007-02-19T03:31:00+03:30
GBP
Low Impact Expected
Rightmove HPI m/m
0.9%
null
0.5%
Source: Rightmove (latest release) | Measures: Change in the asking price of homes for sale; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Mar 19, 2007 | FF Notes: This is the UK's earliest report on housing inflation, but tends to produce a relatively mild impact because asking prices and selling prices are not always correlated; | Why Traders Care: It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity; | Acro Expand: House Price Index (HPI);
2007-02-19T14:30:00+03:30
EUR
Medium Impact Expected
German Buba Monthly Report
null
null
null
Source: Bundesbank (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly; | Next Release: Mar 26, 2007 | FF Notes: Market impact tends to be greater when the report reveals a viewpoint that clashes with the ECB's stance; | Why Traders Care: It contains relevant articles, speeches, statistical tables, and provides detailed analysis of current and future economic conditions from the bank's viewpoint; | Acro Expand: Deutsche Bundesbank (Buba);
2007-02-19T17:00:00+03:30
CAD
Medium Impact Expected
Foreign Securities Purchases
-3.26B
3.89B
11.14B
Source: Statistics Canada (latest release) | Measures: Total value of domestic stocks, bonds, and money-market assets purchased by foreigners during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Mar 19, 2007 | Why Traders Care: Demand for domestic securities and currency demand are directly linked because foreigners must buy the domestic currency to purchase the nation's securities; | Also Called: International Transactions in Securities;
2007-02-19T23:59:59+03:30
USD
Non-Economic
Bank Holiday
null
null
null
Description: US banks will be closed in observance of Presidents' Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: May 28, 2007 | FF Notes: Most Forex brokers remain open for every holiday except Christmas and New Year's Day. Stock markets and banks have slightly different holiday schedules; | Why Traders Care: Banks facilitate the majority of foreign exchange volume. When they are closed the market is less liquid and speculators become a more dominant market influence. This can lead to both abnormally low and abnormally high volatility;
2007-02-20T00:00:00+03:30
GBP
Low Impact Expected
Public Sector Net Borrowing
-10.3B
10.0B
6.5B
Source: Office for National Statistics (latest release) | Measures: Difference in value between spending and income for public corporations, the central government, and local governments during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, around 23 days after the month ends; | Next Release: Mar 20, 2007 | FF Notes: A positive number indicates a budget deficit, a negative number indicates a surplus. This figure includes "financial interventions" - there is also a figure released at the same time which excludes them;
2007-02-20T00:00:00+03:30
CAD
Medium Impact Expected
CPI m/m
0.1%
0.1%
0.2%
Source: Statistics Canada (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the third Tuesday after the month ends; | Next Release: Mar 20, 2007 | FF Notes: This is the most important inflation-related release due to its earliness and broad scope. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported; | Why Traders Care: 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; | Derived Via: The average price of various goods and services are sampled and then compared to the previous sampling; | Also Called: All Items CPI; | Acro Expand: Consumer Price Index (CPI);
2007-02-20T10:30:00+03:30
EUR
Low Impact Expected
German PPI m/m
0.0%
0.1%
0.0%
Source: Destatis (latest release) | Measures: Change in the price of goods sold by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Mar 20, 2007 | Why Traders Care: It's a leading indicator of consumer inflation - when manufacturers charge more for goods the higher costs are usually passed on to the consumer; | Acro Expand: Producer Price Index (PPI);
2007-02-20T10:45:00+03:30
CHF
Medium Impact Expected
Trade Balance
1.27B
0.75B
0.41B
Source: Federal Statistical Office (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 22 days after the month ends; | Next Release: Mar 21, 2007 | FF Notes: A positive number indicates that more goods were exported than imported. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers;
2007-02-20T11:45:00+03:30
CHF
Medium Impact Expected
PPI m/m
-0.2%
-0.1%
0.0%
Source: Federal Statistical Office (latest release) | Measures: Change in the price of goods and raw materials purchased by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 14 days after the month ends; | Next Release: Mar 20, 2007 | Why Traders Care: It's a leading indicator of consumer inflation - when manufacturers pay more for goods the higher costs are usually passed on to the consumer; | Also Called: Producer and Import Prices, Producer Input Prices; | Acro Expand: Producer Price Index (PPI);
2007-02-20T13:00:00+03:30
GBP
Low Impact Expected
M4 Money Supply m/m
0.9%
0.8%
0.9%
Source: Bank of England (latest release) | Measures: Change in the total quantity of domestic currency in circulation and deposited in banks; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 30 days after the month ends; | Next Release: Mar 20, 2007 | FF Notes: Source changed series from preliminary/final format to a single release, as of Nov 2010; | Why Traders Care: It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation;
2007-02-20T15:30:00+03:30
CAD
High Impact Expected
Core CPI m/m
0.1%
0.1%
-0.2%
Source: Statistics Canada (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding the 8 most volatile items; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the third Tuesday after the month ends; | Next Release: Mar 20, 2007 | FF Notes: Volatile items account for about a quarter of CPI but they tend to be very volatile and distort the underlying trend. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported; | Why Traders Care: 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; | Also Called: CPI Ex Volatile Items; | Acro Expand: Consumer Price Index (CPI);
2007-02-20T16:00:00+03:30
CAD
Low Impact Expected
Gov Council Member Jenkins Speaks
null
null
null
Description: Due to speak about national finance at the Standing Senate Committee, in Ontario; | Source: Bank of Canada (latest release) | Speaker: BOC Senior Deputy Governor Paul Jenkins; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Mar 22, 2007 | FF Notes: Governing Council member Apr 2003 - Apr 2010; | Why Traders Care: BOC Governing Council members are responsible for setting the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Bank of Canada (BOC);
2007-02-20T17:00:00+03:30
CAD
Low Impact Expected
Leading Index m/m
0.5%
0.4%
0.2%
Source: Statistics Canada (latest release) | Measures: Change in the level of a composite index based on 10 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 19 days after the month ends; | Next Release: Mar 21, 2007 | FF Notes: Source discontinued this data in May 2012; | Derived Via: Combined reading of 10 economic indicators related to employment, production, new orders, consumer confidence, housing, stock market prices, money supply, and interest rate spreads; | Also Called: Leading Indicators;
2007-02-20T23:59:59+03:30
CNY
Non-Economic
Bank Holiday
null
null
null
Description: Chinese banks will be closed in observance of the Spring Festival; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Feb 21, 2007 | FF Notes: Most Forex brokers remain open for every holiday except Christmas and New Year's Day. Stock markets and banks have slightly different holiday schedules; | Why Traders Care: Banks facilitate the majority of foreign exchange volume. When they are closed the market is less liquid and speculators become a more dominant market influence. This can lead to both abnormally low and abnormally high volatility;
2007-02-21T00:00:00+03:30
AUD
Low Impact Expected
Wage Price Index q/q
1.1%
0.9%
0.8%
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the price businesses and the government pay for labor, excluding bonuses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 45 days after the quarter ends; | Next Release: May 16, 2007 | FF Notes: Source changed series calculation formula as of November 2003; | Why Traders Care: It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer; | Also Called: Wage Cost Index, Labour Price Index;
2007-02-21T00:00:00+03:30
CAD
Medium Impact Expected
Retail Sales m/m
2.3%
1.0%
0.3%
Source: Statistics Canada (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Mar 21, 2007 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2007-02-21T00:00:00+03:30
USD
High Impact Expected
Core CPI m/m
0.3%
0.2%
0.2%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding food and energy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Mar 16, 2007 | FF Notes: Food and energy prices account for about a quarter of CPI, but they tend to be very volatile and distort the underlying trend. The Federal Open Market Committee usually pays more attention to the Core data - so do traders; | Why Traders Care: 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; | Also Called: CPI Ex Food and Energy, Underlying CPI; | Acro Expand: Consumer Price Index (CPI);
2007-02-21T00:00:00+03:30
USD
Medium Impact Expected
CPI m/m
0.2%
0.2%
0.5%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Mar 16, 2007 | Why Traders Care: 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; | Derived Via: The average price of various goods and services are sampled and then compared to the previous sampling; | Acro Expand: Consumer Price Index (CPI);
2007-02-21T00:00:00+03:30
USD
High Impact Expected
CPI y/y
2.1%
2.0%
2.5%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Mar 16, 2007 | FF Notes: This is among the few non-seasonally adjusted numbers reported on the calendar; | Why Traders Care: 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; | Derived Via: The average price of various goods and services are sampled and then compared to the previous sampling; | Acro Expand: Consumer Price Index (CPI);
2007-02-21T02:30:00+03:30
AUD
Medium Impact Expected
RBA Gov Stevens Speaks
null
null
null
Description: Due to testify before the House of Representatives Standing Committee on Economics, Finance and Public Administration, in Perth; | Source: Reserve Bank of Australia (latest release) | Speaker: RBA Governor Glenn Stevens; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jun 14, 2007 | FF Notes: RBA Governor Sep 2006 - Sep 2016. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues; | Why Traders Care: 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; | Acro Expand: Reserve Bank of Australia (RBA);
2007-02-21T03:00:00+03:30
AUD
Low Impact Expected
MI Leading Index m/m
0.6%
null
0.5%
Source: Melbourne Institute (latest release) | Measures: Change in the level of a composite index based on 9 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the third Wednesday after the month ends; | Next Release: Mar 21, 2007 | FF Notes: 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. Full reports are only available to Melbourne Institute subscribers; | Derived Via: Combined reading of 9 economic indicators related to consumer confidence, housing, stock market prices, unemployment expectations, hours worked, commodity prices, and interest rate spreads; | Also Called: Westpac/MI Indexes of Economic Activity, Westpac Leading Index; | Acro Expand: Melbourne Institute (MI);
2007-02-21T04:00:00+03:30
AUD
Low Impact Expected
New Motor Vehicle Sales m/m
5.3%
null
1.4%
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the number of new cars and trucks sold domestically; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Mar 21, 2007 | FF Notes: Source discontinued this data in Jan 2018; | Why Traders Care: It's a sign of consumer confidence - rising demand for expensive durable goods shows that consumers are confident in their future financial position and feel comfortable spending money;
2007-02-21T07:30:00+03:30
JPY
High Impact Expected
Overnight Call Rate
0.50%
0.25%
0.25%
Source: Bank of Japan (latest release) | Measures: Interest rate at which the BOJ rediscounts bills and extends loans to financial institutions; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Variable, about 14 times per year; | Next Release: Mar 20, 2007 | FF Notes: This rate was the BOJ's main operating target from Mar 2006 until it was discontinued in Apr 2013; | Why Traders Care: Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future; | Derived Via: BOJ Policy Board members come to a consensus on where to set the rate; | Also Called: Interest Rates; | Acro Expand: Bank of Japan (BOJ);
2007-02-21T09:30:00+03:30
JPY
Low Impact Expected
BOJ Monthly Report
null
null
null
Source: Bank of Japan (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly; | Next Release: Mar 20, 2007 | FF Notes: Source discontinued this report in Dec 2015; | Why Traders Care: It contains the statistical data that the BOJ Policy Board members evaluated when making the latest interest rate decision, and provides detailed analysis of current and future economic conditions from the bank's viewpoint; | Also Called: Monthly Report of Recent Economic and Financial Developments; | Acro Expand: Bank of Japan (BOJ);
2007-02-21T10:00:00+03:30
JPY
High Impact Expected
BOJ Press Conference
null
null
null
Source: Bank of Japan | Speaker: BOJ Governor; | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: Mar 20, 2007 | FF Notes: Source does not give an exact start time - this event will be listed as 'Tentative' until the press conference starts. Source changed release frequency from about 14 times per year to eight times per year as of Jan 2016; | Why Traders Care: It's among the primary methods the BOJ uses to communicate with investors regarding monetary policy. It covers the factors that affected the most recent interest rate decision, the overall economic outlook, inflation, and clues regarding future monetary policy; | Also Called: Interest Rate Press Conference; | Acro Expand: Bank of Japan (BOJ);
2007-02-21T11:15:00+03:30
EUR
Low Impact Expected
French Final CPI m/m
-0.4%
-0.3%
0.2%
Source: INSEE (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Mar 14, 2007 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of CPI released about 15 days apart - Preliminary and Final. The Preliminary release, which the source first reported in Jan 2016, is the earliest and thus tends to have the most impact. This is one of the few non-seasonally adjusted numbers reported on the calendar, as it's the primary calculation for this indicator; | Acro Expand: Consumer Price Index (CPI);
2007-02-21T11:30:00+03:30
GBP
Medium Impact Expected
MPC Member Bean Speaks
null
null
null
Description: Due to speak about the economic outlook at the Galpharm Stadium, in Huddersfield; | Source: Bank of England (latest release) | Speaker: BOE Deputy Governor Charles Bean; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jul 13, 2007 | FF Notes: MPC voting member Oct 2000 - Jun 2014. In Jul 2008 his title changed from Chief Economist to Deputy Governor; | Why Traders Care: 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;
2007-02-21T12:30:00+03:30
EUR
Low Impact Expected
Current Account
2.3B
-1.2B
0.9B
Source: European Central Bank (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Mar 23, 2007 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. The goods portion has no impact because it's a duplicate of the Trade Balance data released about a week earlier; | Why Traders Care: It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the region;
2007-02-21T13:00:00+03:30
GBP
High Impact Expected
MPC Official Bank Rate Votes
2-0-7
1-0-8
5-0-4
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly; | Next Release: Mar 21, 2007 | FF Notes: The vote is reported in an 'X-X-X' format - the first number is how many MPC members voted to increase interest rates, the second number is how many voted to decrease rates, and the third is how many voted to hold rates; | Why Traders Care: The BOE's MPC meeting minutes contain the interest rate vote for each MPC member during the most recent meeting. The breakdown of votes provides insight into which members are changing their stance on interest rates and how close the committee is to enacting a rate change in the future; | Acro Expand: Monetary Policy Committee (MPC);
2007-02-21T14:30:00+03:30
GBP
Medium Impact Expected
CBI Industrial Order Expectations
4
-8
-9
Source: Confederation of British Industry (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Mar 22, 2007 | FF Notes: Above 0 indicates increasing order volume is expected, below indicates expectations are for lower volume; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their expectations can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 250 manufacturers which asks respondents to rate the relative level of order volume expected during the next 3 months; | Also Called: Industrial Trends Survey; | Acro Expand: Confederation of British Industry (CBI);
2007-02-21T17:00:00+03:30
CAD
High Impact Expected
Core Retail Sales m/m
2.0%
0.7%
0.2%
Source: Statistics Canada (latest release) | Measures: Change in the total value of sales at the retail level, excluding automobiles; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Mar 21, 2007 | FF Notes: Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends; | Also Called: Retail Sales Ex Autos;
2007-02-21T18:30:00+03:30
USD
Low Impact Expected
CB Leading Index m/m
0.1%
0.2%
0.6%
Source: The Conference Board Inc. (latest release) | Measures: Change in the level of a composite index based on 10 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Mar 22, 2007 | FF Notes: 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. Source changed series calculation formula as of Jan 2012; | Derived Via: Combined reading of 10 economic indicators related to employment, new orders, consumer confidence, housing, stock market prices, credit trends, and interest rate spreads; | Also Called: Leading Indicators; | Acro Expand: The Conference Board (CB);
2007-02-21T21:30:00+03:30
USD
Medium Impact Expected
FOMC Member Kohn Speaks
null
null
null
Description: Due to speak about financial stability, in Washington DC. Audience questions expected; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Donald Kohn; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Feb 28, 2007 | FF Notes: FOMC voting member Aug 2002 - Sep 2010; | Why Traders Care: 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;
2007-02-21T22:30:00+03:30
USD
High Impact Expected
FOMC Meeting Minutes
null
null
null
Source: Federal Reserve (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year, 3 weeks after the Federal Funds Rate is announced; | Next Release: Apr 11, 2007 | Why Traders Care: It's a detailed record of the FOMC's most recent meeting, providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates; | Acro Expand: Federal Open Market Committee (FOMC);
2007-02-21T23:59:59+03:30
CNY
Non-Economic
Bank Holiday
null
null
null
Description: Chinese banks will be closed in observance of the Spring Festival; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Feb 22, 2007 | FF Notes: Most Forex brokers remain open for every holiday except Christmas and New Year's Day. Stock markets and banks have slightly different holiday schedules; | Why Traders Care: Banks facilitate the majority of foreign exchange volume. When they are closed the market is less liquid and speculators become a more dominant market influence. This can lead to both abnormally low and abnormally high volatility;
2007-02-22T00:00:00+03:30
USD
Low Impact Expected
Unemployment Claims
332K
320K
359K
Source: Department of Labor (latest release) | Measures: The number of individuals who filed for unemployment insurance for the first time during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, usually on the first Thursday after the week ends; | Next Release: Mar 1, 2007 | FF Notes: This is the nation's earliest economic data. The market impact fluctuates from week to week - there tends to be more focus on the release when traders need to diagnose recent developments, or when the reading is at extremes; | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy; | Also Called: Jobless Claims, Initial Claims;
2007-02-22T00:00:00+03:30
USD
Low Impact Expected
Natural Gas Storage
-223B
-225B
-259B
Source: Energy Information Administration (latest release) | Measures: Change in the number of cubic feet of natural gas held in underground storage during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, 5 days after the week ends; | Next Release: Mar 1, 2007 | FF Notes: Inventories are used to maintain price stability during supply shortages and periods of increasing demand; | Also Called: Nat Gas Stocks, Nat Gas Inventories, Working Gas; | Acro Expand: Energy Information Administration (EIA);
2007-02-22T03:20:00+03:30
JPY
Low Impact Expected
Trade Balance
1.09T
0.75T
0.71T
Source: Ministry of Finance (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Mar 22, 2007 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: Adjusted Merchandise Trade Balance;
2007-02-22T04:30:00+03:30
NZD
Low Impact Expected
Credit Card Spending y/y
6.7%
null
9.9%
Source: Reserve Bank of New Zealand (latest release) | Measures: Change in total spending facilitated with a credit card; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 21 days after the month ends; | Next Release: Mar 21, 2007 | Why Traders Care: It's correlated with consumer spending and confidence - rising debt levels are a sign that lenders feel comfortable issuing loans, and that consumers are confident in their financial position and eager to spend money;
2007-02-22T10:30:00+03:30
EUR
Low Impact Expected
German Final GDP q/q
0.9%
0.9%
0.9%
Source: Destatis (latest release) | Measures: Change in the inflation-adjusted value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 55 days after the quarter ends; | Next Release: May 24, 2007 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. As of May 2003 there are 2 versions of this report released about 10 days apart – Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact; | Acro Expand: Gross Domestic Product (GDP);
2007-02-22T11:45:00+03:30
CHF
Medium Impact Expected
Employment Level
3.70M
3.69M
3.70M
Source: Federal Statistical Office (latest release) | Measures: Number of employed people during the previous quarter; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 55 days after the quarter ends; | Next Release: May 24, 2007 | FF Notes: Source discontinued this data in Aug 2015; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;
2007-02-22T12:30:00+03:30
EUR
Low Impact Expected
Italian Retail Sales m/m
0.0%
0.1%
0.3%
Source: Istat (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Mar 23, 2007 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2007-02-22T13:00:00+03:30
GBP
Medium Impact Expected
Prelim Business Investment q/q
3.3%
1.3%
3.1%
Source: Office for National Statistics (latest release) | Measures: Change in the total inflation-adjusted value of capital investments made by businesses and the government; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 40 days after the quarter ends; | Next Release: May 24, 2007 | FF Notes: Source changed series calculation formula as of Nov 2014; | Why Traders Care: It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their investment levels can be an early signal of future economic activity such as hiring, spending, and earnings; | Also Called: Total Business Investment;
2007-02-22T13:30:00+03:30
EUR
Medium Impact Expected
Industrial New Orders m/m
2.8%
0.2%
1.1%
Source: Eurostat (latest release) | Measures: Change in the total value of new purchase orders placed with manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 55 days after the month ends; | Next Release: Mar 22, 2007 | FF Notes: Source discontinued this data in May 2012; | Why Traders Care: It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders;
2007-02-22T14:19:00+03:30
GBP
Low Impact Expected
10-y Bond Auction
4.90|2.2
null
4.57|2.2
Source: Debt Management Office (latest release) | Measures: Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Variable, about 11 times per year; | Next Release: May 24, 2007 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted). Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Why Traders Care: 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; | Also Called: Gilt Auction, Treasury Auction;
2007-02-22T16:00:00+03:30
CAD
Medium Impact Expected
Gov Council Member Kennedy Speaks
null
null
null
Description: Due to deliver a speech titled "Adjusting to Economic Change" at the Greater Saskatoon Chamber of Commerce, in Saskatchewan; | Source: Bank of Canada (latest release) | Speaker: BOC Deputy Governor Sheryl Kennedy; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Apr 12, 2007 | FF Notes: Governing Council member Oct 1994 - Dec 2008; | Why Traders Care: BOC Governing Council members are responsible for setting the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Bank of Canada (BOC);
2007-02-22T17:00:00+03:30
CAD
Low Impact Expected
Corporate Profits q/q
1.5%
null
2.8%
Source: Statistics Canada (latest release) | Measures: Change in the total value of pretax net income earned by corporations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 55 days after the quarter ends; | Next Release: May 24, 2007 | Why Traders Care: It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their earnings can be an early signal of future economic activity such as spending, hiring, and investment;
2007-02-22T17:30:00+03:30
EUR
Medium Impact Expected
Belgian NBB Business Climate
3.5
2.2
2.1
Source: National Bank of Belgium (latest release) | Measures: Level of a composite index based on surveyed manufacturers, builders, services, and trade-related firms; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Mar 22, 2007 | FF Notes: Above 0.0 indicates improving conditions, below indicates worsening conditions. This survey is highly respected due to its source and large sample size. Source changed series calculation formula as of April 2009; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 3,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the next 3 months; | Also Called: Business Confidence Gross Synthetic Curve; | Acro Expand: National Bank of Belgium (NBB);
2007-02-22T19:00:00+03:30
USD
Low Impact Expected
Crude Oil Inventories
3.7M
1.0M
-0.6M
Source: Energy Information Administration (latest release) | Measures: Change in the number of barrels of crude oil held in inventory by commercial firms during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, 4 days after the week ends; | Next Release: Feb 28, 2007 | FF Notes: While this is a US indicator, it most affects the loonie due to Canada's sizable energy sector; | Why Traders Care: It's the primary gauge of supply and demand imbalances in the market, which can lead to changes in production levels and price volatility; | Also Called: Crude Stocks, Crude Levels; | Acro Expand: Energy Information Administration (EIA);
2007-02-22T23:59:59+03:30
CNY
Non-Economic
Bank Holiday
null
null
null
Description: Chinese banks will be closed in observance of the Spring Festival; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Feb 23, 2007 | FF Notes: Most Forex brokers remain open for every holiday except Christmas and New Year's Day. Stock markets and banks have slightly different holiday schedules; | Why Traders Care: Banks facilitate the majority of foreign exchange volume. When they are closed the market is less liquid and speculators become a more dominant market influence. This can lead to both abnormally low and abnormally high volatility;
2007-02-23T00:00:00+03:30
JPY
Low Impact Expected
SPPI y/y
0.6%
0.2%
0.2%
Source: Bank of Japan (latest release) | Measures: Change in the price of services purchased by corporations; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 25 days after the month ends; | Next Release: Mar 27, 2007 | Why Traders Care: It's a leading indicator of consumer inflation - when corporations pay more for services the higher costs are usually passed on to the consumer; | Also Called: CSPI; | Acro Expand: Services Producer Price Index (SPPI), Corporate Services Price Index (CSPI);
2007-02-23T00:00:00+03:30
GBP
Low Impact Expected
Index of Services 3m/3m
1.0%
0.8%
0.9%
Source: Office for National Statistics (latest release) | Measures: Change in the total GVA of the private and government services sectors; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Mar 29, 2007 | FF Notes: GVA is the difference between the value of a service provided and the value of the goods and services used to provide the service; | Acro Expand: Gross Value Added (GVA);
2007-02-23T02:30:00+03:30
AUD
Low Impact Expected
CB Leading Index m/m
0.2%
null
0.5%
Source: The Conference Board Inc. (latest release) | Measures: Change in the level of a composite index based on 7 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Mar 23, 2007 | FF Notes: 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; | Derived Via: Combined reading of 7 economic indicators related to money supply, building approvals, profits, exports, inventories, and interest rate spreads; | Also Called: Leading Indicators; | Acro Expand: The Conference Board (CB);
2007-02-23T03:20:00+03:30
JPY
Low Impact Expected
All Industries Activity m/m
0.0%
0.0%
-0.2%
Source: METI (latest release) | Measures: Change in the total value of goods and services purchased by businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 50 days after the month ends; | Next Release: Mar 23, 2007 | FF Notes: Source discontinued this data in Sep 2020; | Why Traders Care: It's a leading indicator of economic health - businesses are quickly affected by market conditions, and changes in their spending can be an early signal of future economic activity such as hiring, earnings, and investment;
2007-02-23T11:15:00+03:30
EUR
Low Impact Expected
French Consumer Spending m/m
1.2%
0.2%
1.2%
Source: INSEE (latest release) | Measures: Change in the inflation-adjusted value of all goods expenditures by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 27 days after the month ends; | Next Release: Mar 23, 2007 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2007-02-23T12:30:00+03:30
EUR
High Impact Expected
German ifo Business Climate
107.0
107.5
107.9
Source: ifo Institute (latest release) | Measures: Level of a composite index based on surveyed manufacturers, builders, wholesalers, services, and retailers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around 3 weeks into the current month; | Next Release: Mar 27, 2007 | FF Notes: This survey is highly respected due to its large sample size and historic correlation with German and wider Eurozone economic conditions. It tends to create a hefty market impact upon release. Source changed series from a base year of 2000 to a base year of 2005, as of May 2011, and changed series to include services, as of Apr 2018; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 9,000 businesses which asks respondents to rate the relative level of current business conditions and expectations for the next 6 months; | Acro Expand: Information and Forschung (ifo);
2007-02-23T13:00:00+03:30
GBP
High Impact Expected
Second Estimate GDP q/q
0.8%
0.8%
0.8%
Source: Office for National Statistics (latest release) | Measures: Change in the inflation-adjusted value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 55 days after the quarter ends; | Next Release: May 25, 2007 | FF Notes: Source discontinued this data in May 2018; | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Also Called: Revised GDP; | Acro Expand: Gross Domestic Product (GDP);
2007-02-23T23:59:59+03:30
CNY
Non-Economic
Bank Holiday
null
null
null
Description: Chinese banks will be closed in observance of the Spring Festival; | Usual Effect: Low liquidity and irregular volatility; | Next Release: May 1, 2007 | FF Notes: Most Forex brokers remain open for every holiday except Christmas and New Year's Day. Stock markets and banks have slightly different holiday schedules; | Why Traders Care: Banks facilitate the majority of foreign exchange volume. When they are closed the market is less liquid and speculators become a more dominant market influence. This can lead to both abnormally low and abnormally high volatility;
2007-02-26T01:15:00+03:30
NZD
High Impact Expected
Trade Balance
-833M
-652M
-352M
Source: Statistics New Zealand (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 22 days after the month ends; | Next Release: Mar 26, 2007 | FF Notes: A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: Overseas Merchandise Trade;
2007-02-26T03:20:00+03:30
JPY
Medium Impact Expected
Monetary Policy Meeting Minutes
null
null
null
Source: Bank of Japan (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year, around 45 days after the Monetary Policy Statement is released; | Next Release: Mar 26, 2007 | FF Notes: Source changed release frequency from about 14 times per year to eight times per year as of Jan 2016; | Why Traders Care: It's a detailed record of the BOJ Policy Board's meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates; | Acro Expand: Bank of Japan (BOJ);
2007-02-26T03:30:00+03:30
NZD
Medium Impact Expected
ANZ Business Confidence
-5.9
null
-7.7
Source: ANZ (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers, builders, retailers, agricultural firms, and service providers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly around the end of the current month; | Next Release: Mar 30, 2007 | FF Notes: Above 0.0 indicates optimism, below indicates pessimism. There were 2 versions of this report between Apr 2020 - Jun 2021 and Sep 2021 - Nov 2021, Prelim and Final. The 'Previous' listed between that period is the 'Actual' from the Prelim release and therefore the 'History' data appears unconnected; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 2,000 businesses which asks respondents to rate the relative 12-month economic outlook;
2007-02-26T05:30:00+03:30
NZD
High Impact Expected
Inflation Expectations q/q
2.56%
null
2.73%
Source: Reserve Bank of New Zealand (latest release) | Measures: Percentage that business managers expect the price of goods and services to change annually during the next 2 years; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 50 days before the quarter ends; | Next Release: May 29, 2007 | Why Traders Care: Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise; | Derived Via: Survey of about 50 consumers which asks respondents where they expect prices to be 24 months in the future;
2007-02-26T10:30:00+03:30
EUR
Low Impact Expected
German GfK Consumer Climate
4.4
4.7
4.9
Source: NIQ (latest release) | Measures: Level of a composite index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the end of the current month; | Next Release: Mar 28, 2007 | FF Notes: Above 0 indicates optimism, below indicates pessimism; | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 2,000 consumers which asks respondents to rate the relative level of past and future economic conditions, including personal financial situation, climate for major purchases, and overall economic situation; | Also Called: Consumer Sentiment;
2007-02-26T21:00:00+03:30
GBP
Medium Impact Expected
MPC Member Blanchflower Speaks
null
null
null
Description: Due to deliver a speech titled "Recent Developments in the UK Labour Market" at the University of Stirling, in Stirling; | Source: Bank of England (latest release) | Speaker: External BOE MPC Member David Blanchflower; | Usual Effect: More hawkish than expected is good for currency; | Next Release: May 30, 2007 | FF Notes: MPC voting member Jun 2006 - May 2009; | Why Traders Care: 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;
2007-02-26T23:59:59+03:30
EUR
Low Impact Expected
Eurogroup Meetings
null
null
null
Source: Eurogroup (latest release) | Next Release: Mar 26, 2007 | FF Notes: Eurogroup meetings are usually held in Brussels and attended by the Eurogroup President, Finance Ministers from euro area member states, the Commissioner for economic and monetary affairs, and the President of the European Central Bank. They discuss a range of financial issues, such as euro support mechanisms and government finances. The meetings are closed to the press but officials usually talk with reporters throughout the day, and a formal statement covering meeting objectives may be released after the meetings have concluded; | Why Traders Care: The Eurogroup coordinates economic policies of the 19 euro area member states, and their initiatives and decisions can have a widespread effect on the Eurozone's economic health;
2007-02-27T00:00:00+03:30
EUR
Low Impact Expected
Private Loans y/y
10.6%
10.8%
10.7%
Source: European Central Bank (latest release) | Measures: Change in the total value of new loans issued to consumers and businesses in the private sector; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 28 days after the month ends; | Next Release: Mar 28, 2007 | Why Traders Care: Borrowing and spending are positively correlated - consumers and businesses tend to seek credit when they are confident in their future financial position and feel comfortable spending money;
2007-02-27T00:00:00+03:30
EUR
Low Impact Expected
Retail PMI
49.8
null
47.9
Source: S&P Global (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the retail industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 5 days after the month ends; | Next Release: Mar 29, 2007 | FF Notes: Source discontinued this data in Jul 2018; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of around 1,000 purchasing managers in Germany, France, and Italy, which asks respondents to rate the relative level of business conditions including sales, revenue, employment, prices, and inventories; | Acro Expand: Raw Materials Price Index (RMPI);
2007-02-27T00:00:00+03:30
EUR
Low Impact Expected
M3 Money Supply y/y
9.8%
9.7%
9.8%
Source: European Central Bank (latest release) | Measures: Change in the total quantity of domestic currency in circulation and deposited in banks; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 28 days after the month ends; | Next Release: Mar 28, 2007 | FF Notes: Source changed series calculation formula as of May 2001; | Why Traders Care: It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation;
2007-02-27T00:00:00+03:30
USD
Low Impact Expected
Richmond Manufacturing Index
-10
-2
-11
Source: Federal Reserve Bank of Richmond (latest release) | Measures: Level of a composite index based on surveyed manufacturers in Richmond; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the fourth Tuesday of the current month; | Next Release: Mar 27, 2007 | FF Notes: Above 0 indicates improving conditions, below indicates worsening conditions. Tends to have a muted impact because there are earlier regional indicators related to manufacturing conditions; | Derived Via: Survey of about 75 manufacturers in the Richmond area which asks respondents to rate the relative level of business conditions including shipments, new orders, and employment; | Also Called: Richmond Fed Index, Manufacturing Activity Index, Composite Manufacturing Index;
2007-02-27T00:00:00+03:30
USD
High Impact Expected
Existing Home Sales
6.46M
6.25M
6.27M
Source: National Association of Realtors (latest release) | Measures: Annualized number of residential buildings that were sold during the previous month, excluding new construction; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 20 days after the month ends; | Next Release: Mar 23, 2007 | FF Notes: While this is monthly data, it's reported in an annualized format (monthly figure x12); | Why Traders Care: It's a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction; | Also Called: Home Resales;
2007-02-27T00:00:00+03:30
USD
Medium Impact Expected
Durable Goods Orders m/m
-7.8%
-2.4%
2.8%
Source: Census Bureau (latest release) | Measures: Change in the total value of new purchase orders placed with manufacturers for durable goods; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 26 days after the month ends; | Next Release: Mar 28, 2007 | FF Notes: This data is usually revised via the Factory Orders report released about a week later. Durable goods are defined as hard products having a life expectancy of more than 3 years, such as automobiles, computers, appliances, and airplanes; | Why Traders Care: It's a leading indicator of production - rising purchase orders signal that manufacturers will increase activity as they work to fill the orders;
2007-02-27T04:30:00+03:30
AUD
Medium Impact Expected
HIA New Home Sales m/m
5.8%
null
6.0%
Source: Housing Industry Association (latest release) | Measures: Change in the number of newly constructed homes sold; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Mar 27, 2007 | FF Notes: Source discontinued publicly reporting this data in Jan 2020; | Why Traders Care: It's a leading indicator of economic health because the sale of a new home triggers a wide-reaching ripple effect. For example, furniture and appliances are purchased for the home, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction; | Acro Expand: Housing Industry Association (HIA);