Date
GMT+01:00
Event Previous Forecast Actual
Sep, 22 15:00
Consumer Confidence
Consumer Confidence
Country:
Date: Sep, 22 15:00
Importance: Low
Previous: -5.3
Forecast: -5.8
Actual: -
Period: Sep

Consumer confidence is a measure of popular sentiment concerning the Eurozone economy. The figure is derived from a survey that asks thousands of consumers about personal expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Even though t he Italian economy is heavily driven by its export sector, domestic consumer confidence is an important gauge of overall economic activity and future inflationary pressures.

A headline figure above 50 shows positive consumer sentiment, while a number below 50 shows negative consumer sentiment; the greater the distance, the stronger the sentiment.

-5.3 -5.8 -
Sep, 22 15:00
Consumer Confidence
Consumer Confidence
Country:
Date: Sep, 22 15:00
Importance: Low
Previous: -5.3
Forecast: -5.8
Actual: -
Period: Sep

Consumer confidence is a measure of popular sentiment concerning the Eurozone economy. The figure is derived from a survey that asks thousands of consumers about personal expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Even though t he Italian economy is heavily driven by its export sector, domestic consumer confidence is an important gauge of overall economic activity and future inflationary pressures.

A headline figure above 50 shows positive consumer sentiment, while a number below 50 shows negative consumer sentiment; the greater the distance, the stronger the sentiment.

-5.3 -5.8 -
Sep, 22 15:30
★★
Crude Oil Inventories
Crude Oil Inventories
Country:
Date: Sep, 22 15:30
Importance: Medium
Previous: -6422K
Forecast: -
Actual: -
Period: Sep

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.

-6422K - -
Sep, 22 15:30
★★
Crude Oil Inventories
Crude Oil Inventories
Country:
Date: Sep, 22 15:30
Importance: Medium
Previous: -6422K
Forecast: -
Actual: -
Period: Sep

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.

-6422K - -
Sep, 22 19:00
★★★
FOMC Rate Decision
FOMC Rate Decision
Country:
Date: Sep, 22 19:00
Importance: High
Previous: 0.25%
Forecast: 0.25%
Actual: -
Period: Sep
The main interest rates settled by the FOMC are responsible for driving inflation in accordance with the monetary policy adopted by the FED. One of the rates in mind is the overnight borrowing rate and the Federal Reserve’s Cash Rate Target (FRCRT). The latter affects interest rates for consumer loans, mortgages, bonds or others. The actual changes to the interest rates have a direct impact on the US dollar. However, the market expectation, in respect to future monetary policy, plays a part that is even more significant for the market. In such circumstances, any indirect information that provides hints to future FED monetary policy, and thus influences the market expectations in respect to the interest rates, may have a significant impact on the US currency. Typically, an increase of the interest rates, or expectations of such an increase, provide fundamental support to the US dollar. The lower interest rates may have a negative impact on the US currency.
0.25% 0.25% -