Date
GMT+00:00
Event Value
Dec, 22 07:00
★★
GDP
GDP
Country:
Date: Dec, 22 07:00
Importance: Medium
Previous: 0.1%; 1.3%
Forecast: 0.1%; 1.3%
Actual: -
Period: 3 quarter

The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets.

Robust GDP growth signals a heightened level of economic activity and often a higher demand for the domestic currency. At the same time, economic expansion raises concerns about inflationary pressures which may lead monetary authorities to increase interest rates. Thus better than expected GDP figures are generally bullish for the Euro, while negative readings are generally bearish.

Technically, Gross Domestic Product is calculated in the following way:

GDP = C + I + G + (EX - IM)

where

C = private consumption, I = private investment, G = government expenditure, EX = exports of goods and services, IM = imports of goods and services.

French GDP figures, officially called Quarterly National Accounts, are released quarterly. The headline figures are annualized percentage changes in real and nominal GDP.

0.1%; 1.3%
Dec, 22 07:00
Business Investment
Business Investment
Country:
Date: Dec, 22 07:00
Importance: Low
Previous: -0.3%; 0.7%
Forecast: -0.3%; 0.7%
Actual: -
Period: 3 quarter

The change in capital expenditures made by private firms. Businesses only invest when they are optimistic about future economic growth and expect a profitable return on their investments. Because of this, increased capital expenditures usually reflect a higher level of consumer demand that induces companies to expand their productive capacity. Current Business Investment usually allow for higher GDP in the future. For these reasons Business Investment may lead economic growth.

The headline number is the percentage change in investment from the previous quarter.

-0.3%; 0.7%
Dec, 22 07:00
Current Account
Current Account
Country:
Date: Dec, 22 07:00
Importance: Low
Previous: -28.9
Forecast: -19.1
Actual: -
Period: 3 quarter

The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the GBP.

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

-28.9
Dec, 22 13:30
Industrial Product Price Index
Industrial Product Price Index
Country:
Date: Dec, 22 13:30
Importance: Low
Previous: 1.5%
Forecast: 0.3%
Actual: -
Period: Nov

Industrial Product Price Index released by the Statistics Canada measures price changes for major commodities sold by Canadian manufactures. Changes in the IPP index are widely followed as an indicator of commodity inflation.

1.5%
Dec, 22 13:30
Raw Materials Price Index
Raw Materials Price Index
Country:
Date: Dec, 22 13:30
Importance: Low
Previous: 1.6%
Forecast: 0.6%
Actual: -
Period: Nov

Measures the prices paid by Canadian manufacturers for key raw materials, including resources not produced in Canada. Also known as the Producer Price Index, the RMPI is an early measure of inflation. Although producers may not pass on changes in raw material prices to consumers immediately, the index will record these cost pressures before they reach the end consumer and affect inflation rates. The headline figure is the percentage change in the price index from the previous month and year.

The index includes prices for raw materials like mineral fuels, vegetable products, animal and animal products, wood, ferrous materials, non-ferrous metals, and non-metallic minerals.
 

1.6%
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