DateTime
stringdate
2007-01-01 04:30:00+0330
2025-04-07 21:30:00+0330
Currency
stringclasses
10 values
Impact
stringclasses
4 values
Event
stringclasses
593 values
Actual
stringlengths
1
9
Forecast
stringlengths
1
8
Previous
stringlengths
1
9
Detail
stringlengths
106
1.37k
2025-03-13T21:00:00+03:30
EUR
Low Impact Expected
German Buba President Nagel Speaks
null
null
null
Description: Due to participate in a panel discussion about the European economy, in Paris; | Source: Bundesbank (latest release) | Speaker: Deutsche Bundesbank President Joachim Nagel; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Mar 25, 2025 | FF Notes: Deutsche Bundesbank President and voting member of the ECB Governing Council from Jan 2022. He's believed to be one of the most influential members of the council; | Why Traders Care: ECB Governing Council members vote on where to set the Eurozone's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy; | Acro Expand: Deutsche Bundesbank (Buba), European Central Bank (ECB);
2025-03-14T00:00:00+03:30
USD
High Impact Expected
Prelim UoM Inflation Expectations
4.9%
null
4.3%
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: Apr 11, 2025 | 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);
2025-03-14T00:00:00+03:30
CAD
Low Impact Expected
Wholesale Sales m/m
1.2%
1.9%
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: Apr 14, 2025 | 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;
2025-03-14T00:00:00+03:30
CNY
Low Impact Expected
M2 Money Supply y/y
7.0%
7.0%
7.0%
Source: People's Bank of China (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 11 days after the month ends; | Next Release: Apr 9, 2025 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released; | 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; | Also Called: Broad Money;
2025-03-14T00:00:00+03:30
EUR
Low Impact Expected
German WPI m/m
0.6%
0.2%
0.9%
Source: Destatis (latest release) | Measures: Change in the price of goods sold by wholesalers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 12 days after the month ends; | Next Release: Apr 14, 2025 | Why Traders Care: It's a leading indicator of consumer inflation - when wholesalers charge more for goods and services the higher costs are usually passed on to the consumer; | Acro Expand: Wholesale Price Index (WPI);
2025-03-14T00:00:00+03:30
GBP
High Impact Expected
GDP m/m
-0.1%
0.1%
0.4%
Source: Office for National Statistics (latest release) | Measures: Change in the total value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Apr 11, 2025 | FF Notes: Source first released in Jul 2018; | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Acro Expand: Gross Domestic Product (GDP);
2025-03-14T00:00:00+03:30
GBP
Low Impact Expected
Construction Output m/m
-0.2%
-0.1%
-0.2%
Source: Office for National Statistics (latest release) | Measures: Change in the total amount builders spent on construction projects; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Apr 11, 2025 | FF Notes: Source first released in Jul 2013;
2025-03-14T00:00:00+03:30
GBP
Low Impact Expected
Index of Services 3m/3m
0.4%
0.3%
0.2%
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: Apr 11, 2025 | 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);
2025-03-14T00:00:00+03:30
GBP
Low Impact Expected
Industrial Production m/m
-0.9%
-0.1%
0.5%
Source: Office for National Statistics (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Apr 11, 2025 | FF Notes: Mines and utilities make up around 20% of total production, so this data tends to be overshadowed by Manufacturing Production which makes up the other 80%; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings;
2025-03-14T00:00:00+03:30
GBP
Low Impact Expected
Manufacturing Production m/m
-1.1%
0.0%
0.7%
Source: Office for National Statistics (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Apr 11, 2025 | FF Notes: Manufacturing makes up around 80% of total Industrial Production and tends to dominate the market impact; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Factory production;
2025-03-14T01:00:00+03:30
NZD
Low Impact Expected
BusinessNZ Manufacturing Index
53.9
null
51.7
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: Apr 11, 2025 | 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;
2025-03-14T01:15:00+03:30
NZD
Low Impact Expected
FPI m/m
-0.5%
null
1.9%
Source: Statistics New Zealand (latest release) | Measures: Change in the price of food and food services purchased by households; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Apr 15, 2025 | Why Traders Care: Although food is among the most volatile consumer price components, this indicator garners some attention because New Zealand's major inflation data is released on a quarterly basis; | Acro Expand: Food Price Index (FPI);
2025-03-14T10:30:00+03:30
EUR
Low Impact Expected
German Final CPI m/m
0.4%
0.4%
0.4%
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: Apr 11, 2025 | 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);
2025-03-14T11:15:00+03:30
EUR
Low Impact Expected
French Final CPI m/m
0.0%
0.0%
0.0%
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: Apr 14, 2025 | 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);
2025-03-14T12:30:00+03:30
EUR
Low Impact Expected
Italian Industrial Production m/m
3.2%
1.5%
-2.7%
Source: Istat (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Apr 10, 2025 | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Industrial Output;
2025-03-14T12:32:00+03:30
CNY
Low Impact Expected
Foreign Direct Investment ytd/y
-20.4%
null
-13.4%
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the total spending on domestic capital investments by foreign companies; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Apr 17, 2025 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released. Data represents the year-to-date investment compared to the same period a year earlier; | Also Called: Yuan FDI YTD; | Acro Expand: Foreign Direct Investment (FDI), Year to Date (YTD);
2025-03-14T12:33:00+03:30
CNY
Medium Impact Expected
New Loans
1010B
2150B
5130B
Source: People's Bank of China (latest release) | Measures: Value of new yuan-denominated loans issued to consumers and businesses during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Apr 9, 2025 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released; | 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; | Also Called: New Yuan Loans;
2025-03-14T13:00:00+03:30
GBP
Low Impact Expected
Consumer Inflation Expectations
3.4%
null
3.0%
Source: Bank of England (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 quarterly, about 20 days after the survey is conducted; | Next Release: Jun 13, 2025 | 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 2,000 consumers, conducted by Ipsos, which asks respondents where they expect prices to be 12 months in the future; | Also Called: BOE/Ipsos Inflation Attitudes Survey, Median Inflation Expectations; | Acro Expand: Bank of England (BOE);
2025-03-14T13:57:00+03:30
GBP
Low Impact Expected
NIESR GDP Estimate
0.4%
null
0.2%
Source: NIESR (latest release) | Measures: Change in the estimated value of all goods and services produced by the economy during the previous 3 months; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 10 days after the month ends; | Next Release: Apr 11, 2025 | FF Notes: NIESR estimates GDP data on a monthly basis in an effort to predict the quarterly government-released data. Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Acro Expand: National Institute of Economic and Social Research (NIESR), Gross Domestic Product (GDP);
2025-03-14T16:00:00+03:30
CAD
Low Impact Expected
Manufacturing Sales m/m
1.7%
2.0%
0.5%
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: Apr 15, 2025 | 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;
2025-03-14T17:30:00+03:30
USD
High Impact Expected
Prelim UoM Consumer Sentiment
57.9
63.1
64.7
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: Apr 11, 2025 | 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);
2025-03-14T22:30:00+03:30
USD
Medium Impact Expected
President Trump Speaks
null
null
null
Description: Due to speak at the Department of Justice, in Washington DC; | Source: White House (latest release) | Speaker: US President Donald Trump; | Next Release: Mar 20, 2025 | FF Notes: US President Jan 2017 - Jan 2021 and Jan 2025 - Jan 2029. He speaks frequently on a broad range of subjects - only speeches that might have direct market impact are listed on the calendar;
2025-03-17T00:00:00+03:30
USD
High Impact Expected
Core Retail Sales m/m
0.3%
0.3%
-0.6%
Source: Census Bureau (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 16 days after the month ends; | Next Release: Apr 16, 2025 | 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; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Retail Sales Ex Autos;
2025-03-17T00:00:00+03:30
USD
Low Impact Expected
NAHB Housing Market Index
39
42
42
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: Apr 16, 2025 | 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);
2025-03-17T00:00:00+03:30
USD
Medium Impact Expected
Empire State Manufacturing Index
-20.0
-1.9
5.7
Source: Federal Reserve Bank of New York (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers in New York state; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the middle of the current month; | Next Release: Apr 15, 2025 | 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 200 manufacturers in New York state which asks respondents to rate the relative level of general business conditions; | Also Called: New York Manufacturing Index;
2025-03-17T00:00:00+03:30
USD
High Impact Expected
Retail Sales m/m
0.2%
0.6%
-1.2%
Source: Census Bureau (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 16 days after the month ends; | Next Release: Apr 16, 2025 | FF Notes: This is the earliest and broadest look at vital consumer spending data; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Advance Retail Sales;
2025-03-17T00:00:00+03:30
CNY
Medium Impact Expected
Retail Sales y/y
4.0%
3.8%
3.7%
FF Notice: Source did not release Jan's data in Feb to eliminate the distortions caused by the 7-day Lunar New Year holiday. Therefore, the 'Actual' listed represents the change from Dec to Feb, rather than the standard format; | Source: National Bureau of Statistics of China (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, excluding Feb, about 15 days after the month ends; | Next Release: Apr 17, 2025 | FF Notes: This is the earliest look at vital consumer spending data. There are 2 versions of this report released about two weeks apart - Prelim and Final. The Final is not reported for lack of significance; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2025-03-17T00:00:00+03:30
CNY
Low Impact Expected
Fixed Asset Investment ytd/y
4.1%
3.2%
3.2%
FF Notice: Source did not release Jan's data in Feb to eliminate the distortions caused by the 7-day Lunar New Year holiday. Therefore, the 'Actual' listed represents the change from Dec to Feb, rather than the standard format; | Source: National Bureau of Statistics of China (latest release) | Measures: Change in the total spending on non-rural capital investments such as factories, roads, power grids, and property; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 15 days after the month ends; | Next Release: Apr 17, 2025 | FF Notes: Data represents the year-to-date investment compared to the same period a year earlier; | Why Traders Care: It's a leading indicator of economic health - changes in private and public investment levels can be an early signal of future economic activity such as hiring, spending, and earnings;
2025-03-17T00:00:00+03:30
CNY
Low Impact Expected
NBS Press Conference
null
null
null
Source: National Bureau of Statistics of China | Speaker: NBS Spokesperson; | Frequency: Scheduled monthly, excluding Feb, about 15 days after the month ends; | Next Release: Apr 17, 2025 | FF Notes: The press conference has 2 parts - first a prepared statement is read which announces the key economic numbers, then the conference is briefly open to press questions. The questions sometimes lead to unscripted answers that can have a significant market impact. Source changed frequency from quarterly to monthly as of Aug 2009 and then reverted from monthly to quarterly as of Jul 2011 and then back from quarterly to monthly as of Mar 2022; | Acro Expand: National Bureau of Statistics (NBS);
2025-03-17T00:00:00+03:30
CNY
Low Impact Expected
Unemployment Rate
5.4%
5.1%
5.1%
Source: National Bureau of Statistics of China (latest release) | Measures: Percentage of the total urban work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 15 days after the month ends; | Next Release: Apr 17, 2025 | FF Notes: Source first released in Apr 2018; | 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 Rate;
2025-03-17T01:00:00+03:30
NZD
Low Impact Expected
BusinessNZ Services Index
49.1
null
50.4
Source: BusinessNZ (latest release) | Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Apr 14, 2025 | FF Notes: Above 50.0 indicates expansion, below indicates contraction; | Derived Via: Survey of purchasing managers 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 Services Index;
2025-03-17T03:31:00+03:30
GBP
Low Impact Expected
Rightmove HPI m/m
1.1%
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: Apr 14, 2025 | 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);
2025-03-17T05:00:00+03:30
CNY
Low Impact Expected
New Home Prices m/m
-0.14%
null
-0.07%
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the selling price of newly built residential buildings in 70 medium and large cities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Apr 16, 2025 | Why Traders Care: It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity;
2025-03-17T05:30:00+03:30
CNY
Medium Impact Expected
Industrial Production y/y
5.9%
5.3%
6.2%
FF Notice: Source did not release Jan's data in Feb to eliminate the distortions caused by the 7-day Lunar New Year holiday. Therefore, the 'Actual' listed represents the change from Dec to Feb, rather than the standard format; | Source: National Bureau of Statistics of China (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 15 days after the month ends; | Next Release: Apr 17, 2025 | FF Notes: Chinese data can have a broad impact on the currency markets due to China's influence on the global economy and investor sentiment; | Why Traders Care: It's a leading indicator of economic health - production is the dominant driver of the economy and reacts quickly to ups and downs in the business cycle; | Also Called: Industrial Output;
2025-03-17T15:45:00+03:30
CAD
Low Impact Expected
Housing Starts
229K
246K
239K
Source: CMHC (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, about 16 days after the month ends; | Next Release: Apr 15, 2025 | 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 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; | Acro Expand: Canada Mortgage and Housing Corporation (CMHC);
2025-03-17T16:00:00+03:30
CAD
Low Impact Expected
Foreign Securities Purchases
7.91B
17.44B
13.94B
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: Apr 17, 2025 | 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;
2025-03-17T17:30:00+03:30
USD
Low Impact Expected
Business Inventories m/m
0.3%
0.3%
-0.2%
Source: Census Bureau (latest release) | Measures: Change in the total value of goods held in inventory by manufacturers, wholesalers, and retailers; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Apr 16, 2025 | Why Traders Care: It's a signal of future business spending because companies are more likely to purchase goods once they have depleted inventories;
2025-03-18T00:00:00+03:30
CAD
Medium Impact Expected
Common CPI y/y
2.5%
2.2%
2.2%
Source: Statistics Canada (latest release) | Measures: Change in the price of goods and services, purchased by consumers, which have similar price variations over time; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the third Tuesday after the month ends; | Next Release: Apr 15, 2025 | FF Notes: Source first released in Dec 2016; | 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);
2025-03-18T00:00:00+03:30
USD
Low Impact Expected
Industrial Production m/m
0.7%
0.2%
0.3%
Source: Federal Reserve (latest release) | Measures: Change in the total inflation-adjusted value of output produced 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: Apr 16, 2025 | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Factory Output;
2025-03-18T00:00:00+03:30
USD
Low Impact Expected
Import Prices m/m
0.4%
-0.1%
0.4%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of imported goods and services purchased domestically; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Apr 15, 2025 | FF Notes: This is the earliest government-released inflation data; | Why Traders Care: It contributes to inflation for businesses and consumers, especially those who rely heavily on imported goods and services; | Also Called: Import Price Index;
2025-03-18T00:00:00+03:30
USD
Low Impact Expected
Housing Starts
1.50M
1.38M
1.35M
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: Apr 17, 2025 | 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;
2025-03-18T00:00:00+03:30
USD
Low Impact Expected
Building Permits
1.46M
1.45M
1.47M
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: Apr 17, 2025 | 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;
2025-03-18T00:00:00+03:30
CAD
High Impact Expected
Median CPI y/y
2.9%
2.7%
2.7%
Source: Statistics Canada (latest release) | Measures: Change in the median 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: Apr 15, 2025 | FF Notes: Source first released in Dec 2016; | 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);
2025-03-18T00:00:00+03:30
CAD
High Impact Expected
Trimmed CPI y/y
2.9%
2.8%
2.7%
Source: Statistics Canada (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding the most volatile 40% of 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: Apr 15, 2025 | FF Notes: Source first released in Dec 2016; | 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);
2025-03-18T00:00:00+03:30
EUR
Low Impact Expected
Trade Balance
14.0B
14.0B
14.2B
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: Apr 23, 2025 | 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;
2025-03-18T00:00:00+03:30
EUR
Low Impact Expected
ZEW Economic Sentiment
39.8
43.6
24.2
Source: ZEW (latest release) | Measures: Level of a diffusion index based on surveyed German institutional investors and analysts; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the second or third Tuesday of the current month; | Next Release: Apr 15, 2025 | FF Notes: Above 0.0 indicates optimism, below indicates pessimism. The ZEW survey is historically focused on the German economy, and Germany tends to lead the Eurozone economy, so this overall Eurozone outlook tends to be overshadowed by the German data released at the same time; | 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 160 German institutional investors and analysts which asks respondents to rate the relative 6-month economic outlook for the Eurozone; | Acro Expand: Zentrum fur Europaische Wirtschaftsforschung (ZEW);
2025-03-18T02:45:00+03:30
AUD
Low Impact Expected
RBA Assist Gov Hunter Speaks
null
null
null
FF Notice: Source released speech text 5 minutes earlier than scheduled; | Description: Due to speak at the Australian Financial Review Banking Summit, in Sydney. Audience questions expected; | Source: Reserve Bank of Australia (latest release) | Speaker: RBA Assistant Governor (Economic) Sarah Hunter; | Usual Effect: More hawkish than expected is good for currency; | FF Notes: Assistant Governor from Jan 2024; | Why Traders Care: She's responsible for advising Reserve Bank Board members - who decide where to set the nation's key interest rates - on matters relating to economics, and his public engagements are often used to drop subtle clues regarding future policy shifts; | Acro Expand: Reserve Bank of Australia (RBA);
2025-03-18T08:00:00+03:30
JPY
Low Impact Expected
Tertiary Industry Activity m/m
-0.3%
-0.1%
0.4%
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: Apr 16, 2025 | 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;
2025-03-18T11:30:00+03:30
CHF
Low Impact Expected
SECO Economic Forecasts
null
null
null
Source: SECO (latest release) | Frequency: Quarterly; | Next Release: Jun 16, 2025 | FF Notes: This report forecasts the major GDP components such as consumption and investment, together with key indicators including employment and inflation; | Why Traders Care: SECO is the federal government's source of expertise for all core issues relating to economic policy and their forecasts are well respected by market participants; | Acro Expand: State Secretariat for Economic Affairs (SECO);
2025-03-18T12:30:00+03:30
EUR
Low Impact Expected
Italian Trade Balance
-0.26B
5.15B
5.82B
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: Apr 16, 2025 | 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;
2025-03-18T13:30:00+03:30
EUR
Medium Impact Expected
German ZEW Economic Sentiment
51.6
48.1
26.0
Source: ZEW (latest release) | Measures: Level of a diffusion index based on surveyed German institutional investors and analysts; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the second or third Tuesday of the current month; | Next Release: Apr 15, 2025 | 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 160 German institutional investors and analysts which asks respondents to rate the relative 6-month economic outlook for Germany; | Acro Expand: Zentrum fur Europaische Wirtschaftsforschung (ZEW);
2025-03-18T16:00:00+03:30
CAD
High Impact Expected
CPI m/m
1.1%
0.6%
0.1%
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: Apr 15, 2025 | 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);
2025-03-18T16:02:00+03:30
CAD
Low Impact Expected
Core CPI m/m
0.7%
null
0.4%
FF Notice: Source released data 2 minutes later than scheduled; | 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: Apr 15, 2025 | 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);
2025-03-18T16:45:00+03:30
USD
Low Impact Expected
Capacity Utilization Rate
78.2%
77.8%
77.7%
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: Apr 16, 2025 | 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;
2025-03-18T18:00:00+03:30
AUD
Low Impact Expected
CB Leading Index m/m
0.5%
null
0.4%
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: Apr 16, 2025 | 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);
2025-03-18T18:43:00+03:30
NZD
Low Impact Expected
GDT Price Index
0.0%
null
-0.5%
Source: GDT (latest release) | Measures: Change in the average price of dairy products sold at auction; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Twice per month; | Next Release: Apr 1, 2025 | FF Notes: Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released. Source changed release frequency from monthly to twice per month as of Sep 2010; | Why Traders Care: It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income; | Derived Via: The weighted-average price of the 9 dairy products sold at auction are sampled and then compared to the previous sampling; | Acro Expand: GlobalDairyTrade (GDT);
2025-03-18T23:30:00+03:30
NZD
Low Impact Expected
Westpac Consumer Sentiment
89.2
null
97.5
Source: Westpac Banking Corporation (latest release) | Measures: Level of a diffusion index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 80 days into the current quarter; | Next Release: Jun 18, 2025 | FF Notes: Above 100.0 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 1,500 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: Westpac/McDermott Miller Consumer Confidence;
2025-03-19T00:00:00+03:30
USD
Low Impact Expected
API Weekly Statistical Bulletin
null
null
null
Source: API (latest release) | Frequency: Released weekly, 3 days after the week ends; | Next Release: Mar 26, 2025 | Acro Expand: American Petroleum Institute (API), Energy Information Administration (EIA);
2025-03-19T00:00:00+03:30
JPY
Low Impact Expected
Trade Balance
0.18T
0.50T
-0.60T
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: Apr 17, 2025 | 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;
2025-03-19T00:00:00+03:30
JPY
High Impact Expected
Monetary Policy Statement
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; | Next Release: May 1, 2025 | FF Notes: Source does not give an exact release time - the event will be listed as 'Tentative' until the statement is issued. Source first released in Jul 2008. 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 tools the BOJ uses to communicate with investors about monetary policy. It contains the outcome of their decision on asset purchases and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future votes; | Also Called: Interest Rate Statement; | Acro Expand: Bank of Japan (BOJ);
2025-03-19T00:00:00+03:30
EUR
Low Impact Expected
Final CPI y/y
2.3%
2.4%
2.5%
Source: Eurostat (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: Apr 16, 2025 | FF Notes: The 'Previous' listed is the 'Actual' from the CPI Flash Estimate and therefore the 'History' data will appear unconnected. This is considered the Eurozone's most important inflation data because it's used as the central bank's inflation target, but it tends to have a relatively mild impact as the CPI Flash Estimate and German Prelim CPI are released about 15 days earlier; | 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; | Acro Expand: Consumer Price Index (CPI);
2025-03-19T00:00:00+03:30
USD
High Impact Expected
FOMC Statement
null
null
null
Source: Federal Reserve (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: May 7, 2025 | FF Notes: The FOMC usually changes the statement slightly at each release. It's these changes that traders focus on; | Why Traders Care: It's the primary tool the FOMC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes; | Also Called: Interest Rate Statement, Fed Statement, Monetary Policy Statement; | Acro Expand: Federal Open Market Committee (FOMC);
2025-03-19T00:00:00+03:30
USD
High Impact Expected
FOMC Economic Projections
null
null
null
Source: Federal Reserve (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 4 times per year; | Next Release: Jun 18, 2025 | FF Notes: This report includes the FOMC's projection for inflation and economic growth over the next 2 years and, more importantly, a breakdown of individual FOMC member's interest rate forecasts. Source first released in Apr 2011; | Why Traders Care: It's the primary tool the Fed uses to communicate their economic and monetary projections to investors; | Also Called: Summary of Economic Projections (SEP); | Acro Expand: Federal Open Market Committee (FOMC);
2025-03-19T01:15:00+03:30
NZD
Low Impact Expected
Current Account
-7.04B
-6.68B
-10.84B
Source: Statistics New Zealand (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 80 days after the quarter ends; | Next Release: Jun 18, 2025 | FF Notes: This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the data most commonly reported. The goods portion has no impact because it's a duplicate of the monthly Trade Balance data; | 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 country;
2025-03-19T03:00:00+03:30
AUD
Low Impact Expected
MI Leading Index m/m
0.1%
null
0.1%
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: Apr 16, 2025 | 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);
2025-03-19T03:20:00+03:30
JPY
Low Impact Expected
Core Machinery Orders m/m
-3.5%
-0.1%
-1.2%
Source: Cabinet Office (latest release) | Measures: Change in the total value of new private-sector purchase orders placed with manufacturers for machines, excluding ships and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Apr 14, 2025 | 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; | Also Called: Machine Orders;
2025-03-19T05:55:00+03:30
JPY
High Impact Expected
BOJ Policy Rate
<0.50%
<0.50%
<0.50%
Source: Bank of Japan (latest release) | Measures: Interest rate levied on excess current account balances held at the BOJ; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: May 1, 2025 | FF Notes: Source does not give an exact release time - this event will be listed as 'Tentative' until the rate is announced. This rate is currently the BOJ's main operating target. Source first released in Jan 2016; | 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, Uncollateralized Overnight Call Rate; | Acro Expand: Bank of Japan (BOJ);
2025-03-19T08:00:00+03:30
JPY
Low Impact Expected
Revised Industrial Production m/m
-1.1%
-1.1%
-1.1%
Source: METI (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Apr 16, 2025 | 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 this indicator released about 15 days apart - Preliminary and Revised. The Preliminary release is the earliest and thus tends to have the most impact; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings;
2025-03-19T10:00:00+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: May 1, 2025 | 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);
2025-03-19T13:30:00+03:30
EUR
Low Impact Expected
Final Core CPI y/y
2.6%
2.6%
2.6%
Source: Eurostat (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding food, energy, alcohol, and tobacco; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Apr 16, 2025 | FF Notes: The 'Previous' listed is the 'Actual' from the Flash Core CPI Estimate and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about two weeks apart – Flash and Final. The Flash release, which the source first reported in Apr 2013, is the earliest and thus tends to have the most impact; | Acro Expand: Consumer Price Index (CPI);
2025-03-19T14:03:00+03:30
EUR
Low Impact Expected
German 30-y Bond Auction
3.08|1.9
null
2.70|2.5
Source: Bundesbank (latest release) | Measures: Average yield on a 30-year bond 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: Apr 16, 2025 | 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: Bund Auction;
2025-03-19T18:00:00+03:30
USD
Low Impact Expected
Crude Oil Inventories
1.7M
0.8M
1.4M
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: Mar 26, 2025 | 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);
2025-03-19T21:30:00+03:30
USD
High Impact Expected
Federal Funds Rate
4.50%
4.50%
4.50%
FF Notice: Source maintained a target range of 4.25% to 4.50%; | Source: Federal Reserve (latest release) | Measures: Interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: May 7, 2025 | FF Notes: The rate decision is usually priced into the market, so it tends to be overshadowed by the FOMC Statement, which is focused on the future; | 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: FOMC members vote on where to set the target rate. The individual votes are published in the FOMC statement; | Also Called: Interest Rates, Fed Funds Rate; | Acro Expand: Federal Open Market Committee (FOMC);
2025-03-19T22:00:00+03:30
USD
High Impact Expected
FOMC Press Conference
null
null
null
Source: Federal Reserve (latest release) | Speaker: Federal Reserve Chair; | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled 8 times per year; | Next Release: May 7, 2025 | FF Notes: The press conference is about an hour long and has 2 parts - first a prepared statement is read, then the conference is open to press questions. The questions often lead to unscripted answers that create heavy market volatility. The press conference is webcasted on the Fed's YouTube channel in real-time. Source first conducted in Apr 2011; | Why Traders Care: It's among the primary methods the Fed uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, along with commentary about economic conditions such as the future growth outlook and inflation. Most importantly, it provides clues regarding future monetary policy; | Also Called: Chair's Press Briefing; | Acro Expand: Federal Open Market Committee (FOMC), Federal Reserve (Fed);
2025-03-19T23:30:00+03:30
USD
Low Impact Expected
TIC Long-Term Purchases
-45.2B
101.1B
75.0B
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: Apr 16, 2025 | 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);
2025-03-20T00:00:00+03:30
EUR
Low Impact Expected
ECB Economic Bulletin
null
null
null
Source: European Central Bank (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: 8 times per year, 2 weeks after the Main Refinancing Rate is announced; | Next Release: May 1, 2025 | FF Notes: Tends to have a muted impact because some parts of the bulletin are released early. Source first released in Feb 2015; | Why Traders Care: It reveals the statistical data that the ECB Governing Board evaluated when making the latest interest rate decision, and provides detailed analysis of current and future economic conditions from the bank's viewpoint; | Acro Expand: European Central Bank (ECB);
2025-03-20T00:00:00+03:30
CAD
Low Impact Expected
RMPI m/m
0.3%
-0.3%
3.5%
Source: Statistics Canada (latest release) | Measures: Change in the price of raw materials purchased by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 19 days after the month ends; | Next Release: Apr 22, 2025 | 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; | Acro Expand: Raw Materials Price Index (RMPI);
2025-03-20T00:00:00+03:30
CHF
High Impact Expected
SNB Policy Rate
0.25%
0.25%
0.50%
Source: Swiss National Bank (latest release) | Measures: Interest rate the SNB seeks to maintain in the short-term money market; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled quarterly; | Next Release: Jun 19, 2025 | FF Notes: This rate is the SNB's main operating target. The decision is usually priced into the market, so it tends to be overshadowed by the Monetary Policy Assessment, which is focused on the future. Source first released in Jun 2019; | 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: SNB Governing Board members come to a consensus on where to set the policy rate; | Also Called: Interest Rates; | Acro Expand: Swiss National Bank (SNB);
2025-03-20T00:00:00+03:30
USD
High Impact Expected
Unemployment Claims
223K
224K
221K
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 27, 2025 | 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;
2025-03-20T00:00:00+03:30
USD
Medium Impact Expected
Philly Fed Manufacturing Index
12.5
8.8
18.1
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: Apr 17, 2025 | 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;
2025-03-20T00:00:00+03:30
GBP
Low Impact Expected
Unemployment Rate
4.4%
4.4%
4.4%
Source: Office for National Statistics (latest release) | Measures: Percentage of total work force that is unemployed and actively seeking employment during the past 3 months; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Apr 15, 2025 | 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: ILO Unemployment Rate, Jobless Rate;
2025-03-20T00:00:00+03:30
GBP
Medium Impact Expected
Average Earnings Index 3m/y
5.8%
5.8%
6.1%
Source: Office for National Statistics (latest release) | Measures: Change in the price businesses and the government pay for labor, including bonuses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Apr 15, 2025 | FF Notes: Data represents the 3-month moving average compared to the same period a year earlier. A figure that excludes bonuses is also released, but not included for lack of significance. Source changed series calculation formula as of Jan 2010; | 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: Average Earnings Including Bonuses;
2025-03-20T00:00:00+03:30
GBP
High Impact Expected
Claimant Count Change
44.2K
7.9K
2.8K
Source: Office for National Statistics (latest release) | Measures: Change in the number of people claiming unemployment-related benefits during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Apr 15, 2025 | FF Notes: It's the first indication of the employment situation, released a month earlier than the Unemployment Rate. Source changed series calculation formula as of Jun 2015; | 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, Unemployment Change;
2025-03-20T00:00:00+03:30
USD
Low Impact Expected
Current Account
-304B
-330B
-310B
Source: Bureau of Economic Analysis (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, about 75 days after the quarter ends; | Next Release: Jun 24, 2025 | FF Notes: The goods and services portion has no impact because it's a duplicate of the monthly Trade Balance data; | 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 country; | Also Called: International Transactions;
2025-03-20T00:00:00+03:30
CNY
Medium Impact Expected
5-y Loan Prime Rate
3.60%
3.60%
3.60%
Source: People's Bank of China (latest release) | Measures: Interest rate applied by commercial banks for mortgage loans; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled monthly; | Next Release: Apr 21, 2025 | FF Notes: This is a benchmark lending rate set by the People's Bank of China in its effort to influence short-term interest rates as part of its monetary policy strategy; | 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: Based on a weighted average of lending rates from 18 commercial banks; | Also Called: LPR; | Acro Expand: Loan Prime Rate (LPR);
2025-03-20T00:00:00+03:30
AUD
High Impact Expected
Unemployment Rate
4.1%
4.1%
4.1%
Source: Australian Bureau of Statistics (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Apr 17, 2025 | 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; | Also Called: Jobless Rate;
2025-03-20T00:00:00+03:30
USD
Low Impact Expected
CB Leading Index m/m
-0.3%
-0.2%
-0.2%
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: Apr 21, 2025 | 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);
2025-03-20T00:00:00+03:30
GBP
High Impact Expected
Official Bank Rate
4.50%
4.50%
4.50%
Source: Bank of England (latest release) | Measures: Interest rate at which the BOE lends to financial institutions overnight; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled monthly; | Next Release: May 8, 2025 | FF Notes: The rate decision is usually priced in the market, so it tends to be overshadowed by the Monetary Policy Summary, which is focused on the future; | 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: MPC members vote on where to set the rate. The individual votes are published 2 weeks later in the MPC Meeting Minutes; | Also Called: Interest Rates; | Acro Expand: Bank of England (BOE), Monetary Policy Committee (MPC);
2025-03-20T00:00:00+03:30
EUR
Low Impact Expected
German PPI m/m
-0.2%
0.2%
-0.1%
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: Apr 17, 2025 | 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);
2025-03-20T00:00:00+03:30
GBP
High Impact Expected
MPC Official Bank Rate Votes
0-1-8
0-2-7
0-9-0
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly; | Next Release: May 8, 2025 | 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);
2025-03-20T01:15:00+03:30
NZD
High Impact Expected
GDP q/q
0.7%
0.4%
-1.1%
Source: Statistics New Zealand (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 75 days after the quarter ends; | Next Release: Jun 19, 2025 | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Acro Expand: Gross Domestic Product (GDP);
2025-03-20T04:00:00+03:30
AUD
High Impact Expected
Employment Change
-52.8K
30.8K
30.5K
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the number of employed people during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Apr 17, 2025 | FF Notes: This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;
2025-03-20T04:30:00+03:30
CNY
Medium Impact Expected
1-y Loan Prime Rate
3.10%
3.10%
3.10%
Source: People's Bank of China (latest release) | Measures: Interest rate at which commercial banks lend to households and business; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Scheduled monthly; | Next Release: Apr 21, 2025 | FF Notes: This is a benchmark lending rate set by the People's Bank of China in its effort to influence short-term interest rates as part of its monetary policy strategy; | 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: Based on a weighted average of lending rates from 18 commercial banks; | Also Called: LPR; | Acro Expand: Loan Prime Rate (LPR);
2025-03-20T10:30:00+03:30
CHF
Low Impact Expected
Trade Balance
4.80B
5.01B
6.15B
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: Apr 17, 2025 | 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;
2025-03-20T11:30:00+03:30
EUR
Medium Impact Expected
ECB President Lagarde Speaks
null
null
null
Description: Due to testify before the Committee on Economic and Monetary Affairs of the European Parliament, in Brussels; | Source: European Central Bank (latest release) | Speaker: ECB President Christine Lagarde; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Mar 27, 2025 | FF Notes: ECB President Nov 2019 - Nov 2027. Volatility is often experienced during her speeches as traders attempt to decipher interest rate clues; | Why Traders Care: As head of the ECB, which controls short term interest rates, she has more influence over the euro's value than any other person. Traders scrutinize her public engagements as they are often used to drop subtle clues regarding future monetary policy; | Acro Expand: European Central Bank (ECB);
2025-03-20T12:00:00+03:30
CHF
High Impact Expected
SNB Monetary Policy Assessment
null
null
null
Source: Swiss National Bank (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled quarterly; | Next Release: Jun 19, 2025 | Why Traders Care: It's the primary tool the SNB Governing Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future rate decisions; | Also Called: Interest Rate Statement, SNB Statement; | Acro Expand: Swiss National Bank (SNB);
2025-03-20T12:30:00+03:30
CHF
High Impact Expected
SNB Press Conference
null
null
null
Source: Swiss National Bank (latest release) | Speaker: SNB Chairman and Governing Board Members; | Usual Effect: More hawkish than expected is good for currency; | Frequency: Scheduled quarterly; | Next Release: Jun 19, 2025 | FF Notes: The conference is held when rates are announced in June and December. It's about an hour long and has 2 parts - first the prepared statements are read, then the conference is open to press questions. The questions often lead to unscripted answers that create market volatility; | Why Traders Care: It's among the primary tools the SNB Governing Board uses to communicate with investors about monetary policy and the economic outlook; | Also Called: Interest Rate Media Conference; | Acro Expand: Swiss National Bank (SNB);
2025-03-20T13:10:00+03:30
EUR
Low Impact Expected
Spanish 10-y Bond Auction
3.38|1.5
null
3.51|1.9
Source: General Secretariat of the Treasury (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 10 times per year; | Next Release: Apr 10, 2025 | FF Notes: This event includes bonds with a maturity that is a few years shorter or longer than 10 years, making the data set appear more volatile than the actual 10-year interest rate. 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: Obligaciones Auction;
2025-03-20T14:30:00+03:30
EUR
Low Impact Expected
German Buba Monthly Report
null
null
null
FF Notice: Release time initially misstated as 3 days earlier than source’s schedule. We regret the error; | Source: Bundesbank (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly; | Next Release: Apr 14, 2025 | 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);
2025-03-20T15:30:00+03:30
GBP
High Impact Expected
Monetary Policy Summary
null
null
null
Source: Bank of England (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: Released monthly; | Next Release: May 8, 2025 | FF Notes: Source first released in Aug 2015; | Why Traders Care: It's among the primary tools the MPC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes;