Date
GMT+01:00
Event Value
Jun, 20 07:00
PPI
PPI
Country:
Date: Jun, 20 07:00
Importance: Low
Previous: 0.5% m/m; 2.0% y/y
Forecast: 0.4% m/m; 2.5% y/y
Actual: -
Period: May

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

0.5% m/m; 2.0% y/y
Jun, 20 10:30
30-y Bond Auction
30-y Bond Auction
Country:
Date: Jun, 20 10:30
Importance: Low
Previous: 1.26%; 1.1
Forecast: -
Actual: -
Period: Jun
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.
1.26%; 1.1
Jun, 20 11:00
CBI industrial order books balance
CBI industrial order books balance
Country:
Date: Jun, 20 11:00
Importance: Low
Previous: -3
Forecast: 1
Actual: -
Period: Jun

This review reflects businessmen sentiment concerning the position of the industrial sector of the economy.

-3
Jun, 20 13:30
★★
Current Account
Current Account
Country:
Date: Jun, 20 13:30
Importance: Medium
Previous: -128.2bln
Forecast: -129.0bln
Actual: -
Period: 1 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 USD.

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

-128.2bln
Jun, 20 14:30
★★★
RBA Governor Philip Lowe Speaks
RBA Governor Philip Lowe Speaks
Country:
Date: Jun, 20 14:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
RBA Governor Oct 2016 - Sep 2023. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues. 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.
Powered by mt5.com