Date
GMT+00:00
Event Previous Forecast Actual
Mar, 03 16:45
FOMC Member Neel Kashkari Speaks
FOMC Member Neel Kashkari Speaks
Country:
Date: Mar, 03 16:45
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Bank of Minneapolis President Neel Kashkari. 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.
- - -
Mar, 03 21:45
Overseas Trade Index
Overseas Trade Index
Country:
Date: Mar, 03 21:45
Importance: Low
Previous: -2.1%
Forecast: -0.2%
Actual: -
Period: 4 quarter

The Terms of Trade Index released by the Statistics New Zealand is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Any variation in the figures influences the domestic economy. If a steady demand in exchange for exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the NZD.

-2.1% -0.2% -
Mar, 04 00:00
ANZ Commodity Prices
ANZ Commodity Prices
Country:
Date: Mar, 04 00:00
Importance: Low
Previous: 2.0%
Forecast: -
Actual: -
Period: Feb

The Australia and New Zealand Banking Group Limited (ANZ)Commodity Prices Indicator, also called the Commoditiy Price Index, measures the change in the price of exported commodities. Since Australia and New Zealand depend heavily upon commodity exports, this figure acts as a primary gauge of the two nations' GDP and economic strength.

2.0% - -
Mar, 04 00:30
★★★
Gross Domestic Product
Gross Domestic Product
Country:
Date: Mar, 04 00:30
Importance: High
Previous: 0.4%; 2.1%
Forecast: 0.7%
Actual: -
Period: 4 quarter

A comprehensive measure of Australia's overall production and consumption of goods and services. GDP is a significant reportserving as one of the primary indicators of a country's overall economic health.

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 prompt monetary authorities to increase interest rates. Thus positive GDP readings are generally bullish for the Australian Dollar, while negative readings are generally bearish.

Most production reports that lead to Australian GDP are released before the official GDP number. Therefore, actual GDP figures usually confirm expectations. However, an unexpected release can move markets due to the significance of the figure.

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

The headline figures for GDP are the percentage growth rate from the previous quarter and the annualized percentage change in GDP. Prices used are benchmarked to 1997 prices.

0.4%; 2.1% 0.7% -
Mar, 04 00:30
Tertiary Industry Index
Tertiary Industry Index
Country:
Date: Mar, 04 00:30
Importance: Low
Previous: 53.8
Forecast: 53.8
Actual: -
Period: Feb

Evaluates the monthly change in output produced by Japan's service sector. Because this report excludes manufacturing and only measures service industries catering mainly to domestic needs, the Tertiary Industry Index is a key indicator of domestic activity. The index incorporates data from firms involved in wholesale and retail trade, financial services, health care, real estate, leisure and utilities. The report excludes industrial manufacturing sectors that tend to be influenced by foreign demand. The tertiary industry index is posted monthly as a percentage change from the previous month's figure.

53.8 53.8 -