Date GMT+01:00 |
Event | Previous | Forecast | Actual | |||||||||||||||
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Oct, 15 19:00 |
★ |
Beige Book
Beige Book
Report on current economic conditions in each of the 12 Federal Reserve districts covering the entire US. Regional Banks in the Federal Reserve System gather anecdotal information based on surveys of executives, economist and market participants. The Beige Book summarizes this data into a relatively short document, giving a picture of economic trends and challenges faced by different parts of the nation. In addition to providing useful information on the economy, the report is also a window into how FOMC members may vote at the next interest rate policy meeting. Because each report is based on anecdotal information as much as statistics, it is subjective and may reflect opinions of district governors. As the only comprehensive report made available to the public, the Beige Book provides a rare opportunity for markets to better understand the Federal Reserve and its views on the economy. |
- | - | - | ||||||||||||||
Oct, 15 22:45 |
★ |
Food Price
Food Price
Measures the price change of food and food services purchased by households. Higher food prices can result in economic slowdown because less disposable income will be used for non-food expenditures. Higher food prices can also result in inflation and signal future monetary action. |
0.3% | - | - | ||||||||||||||
Oct, 16 00:50 |
★ |
Core Machinery Orders
Core Machinery Orders
Japan machinery orders received from the private sector excluding volatile orders. |
-4.6%; 4.9% | 0.5% | - | ||||||||||||||
Oct, 16 01:30 |
★★★ |
Employment Change
Employment Change
Tracks the number of the employed in Australia . The figure appears in the monthly Labour Force Survey conducted by the Australian Bureau of Statistics. A surge in new employment suggests higher spending potential and budding inflation pressures, which the RBA often counters with rate increases. The headline figure is the annualized percentage change in employed workers. |
-5.4K | 20.0K | - | ||||||||||||||
Oct, 16 01:30 |
★★★ |
Unemployment Rate
Unemployment Rate
The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks. Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems. |
4.2% | 4.3% | - |