Date
GMT+01:00
Event Previous Forecast Actual
Oct, 16 13:30
★★
Philadelphia Fed Manufacturing Index
Philadelphia Fed Manufacturing Index
Country:
Date: Oct, 16 13:30
Importance: Medium
Previous: 23.2
Forecast: 9.1
Actual: -
Period: Oct

It is a survey conducted by the Philadelphia Fed questioning manufacturers in the Third Federal Reserve District on general business conditions. Conducted since 1968, the "Philly Fed" survey is an established report, valued for its timeliness, scope of coverage and tendency to forecast developments in the market moving ISM Manufacturing figure.

Higher Philadelphia Fed Survey figures indicate a positive outlook from manufacturers suggesting increased production. Higher production contributes to economic growth, which is generally bullish for the dollar.

Results are calculated as the difference between percentage of positive and negative scores; zero acts as the centerline point.

23.2 9.1 -
Oct, 16 15:00
NAHB Housing Market Index
NAHB Housing Market Index
Country:
Date: Oct, 16 15:00
Importance: Low
Previous: 32
Forecast: 33
Actual: -
Period: Oct

A timely gauge of home sales and expectations for future home building. Based on a small sample of homebuilders, the Housing Market Index is a timely indicator of future US home sales. However, as the index is not as comprehensive as formal housing reports like new home sales or MBA mortgage applications, the index acts more like a supplemental indicator for predicting housing trends.

As such, the NAHB Housing Market Index is still able to provide general insight to where the housing market is heading. Given that new home sales reflect 'big ticket' items that require construction and investment, the housing market is often viewed as an indicator of the direction of the economy as a whole. Growth in the housing market will spur subsequent spending, generating demand for goods and services and the employees who provide them.

The report headline is expressed in percentage change from the previous month. The NAHB Housing Market Index divides the Single-Family Sales data into three categories: Present, Next 6 Months and Prospective Buyers Traffic.

32 33 -
Oct, 16 15:30
EIA Natural Gas Storage Change
EIA Natural Gas Storage Change
Country:
Date: Oct, 16 15:30
Importance: Low
Previous: 80
Forecast: -
Actual: -
Period: Oct

Weekly report about natural gas storage change in the USA.

80 - -
Oct, 16 17:00
★★
Crude Oil Inventories
Crude Oil Inventories
Country:
Date: Oct, 16 17:00
Importance: Medium
Previous: 3715K
Forecast: -
Actual: -
Period: Oct

The actual inventories of crude oil, gasoline, and distillate, such as jet fuel, as reported on a weekly basis. The numbers are watched closely by the energy markets, and if the results differ greatly from the expected inventory levels, the market can react strongly. The inventory data can be skewed by holidays and seasonal factors. Weekly data can be unreliable and should be viewed as a part of longer-term trends, so a four-week moving average may be more useful.

3715K - -
Oct, 17 10:00
★★
Consumer Price Index
Consumer Price Index
Country:
Date: Oct, 17 10:00
Importance: Medium
Previous: 2.2%
Forecast: 2.2%
Actual: -
Period: Sep

CPI is the key gauge for inflation in the Eurozone. Inflation, simply put, is a decline in the purchasing power of the Euro, where each Euro buys fewer goods and services due to higher consumer prices. The index tracks changes in the price of a basket of goods and services that a typical household might purchase. When the CPI is high, it indicates that significant inflationary pressures exist in Eurozone economies. This puts pressure on the European Central Bank to raise interest rates. When CPI comes out lower than expected, the ECB is expected to lower interest rates, or keep them lower, to encourage economic growth. As a rule, the Bank adjusts rates in order to keep Europe consumer price inflation in the 0 to 2 percent range.

2.2% 2.2% -