Date
GMT+07:00
Event Value
Dec, 24 06:50
Monetary Policy Meeting Minutes
Monetary Policy Meeting Minutes
Country:
Date: Dec, 24 06:50
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
The Bank of Japan publishes the summary from its monthly monetary policy meetings some time after the actual meeting. These meetings are held to review economic developments inside and outside of Japan and decide the central bank’s monetary policy. The minutes usually come out late, at least a month after the meeting, but give detailed insight into the Bank of Japan’s monetary policy decision making process.
Dec, 24 06:50
Corporate Service Price Index
Corporate Service Price Index
Country:
Date: Dec, 24 06:50
Importance: Low
Previous: 2.7%
Forecast: 2.6%
Actual: -
Period: Nov

Change in the price of services purchased by corporations. It's a leading indicator of consumer inflation - when corporations pay more for services the higher costs are usually passed on to the consumer.

2.7%
Dec, 24 20:30
★★★
Unemployment Claims
Unemployment Claims
Country:
Date: Dec, 24 20:30
Importance: High
Previous: 224K
Forecast: 220K
Actual: -
Period: Dec

The indicator shows the number of unemployed people in the USA.

224K
Dec, 24 20:30
★★
Continuing Claims
Continuing Claims
Country:
Date: Dec, 24 20:30
Importance: Medium
Previous: 1897K
Forecast: -
Actual: -
Period: Dec

Continuing claims refers to unemployed workers that qualify for benefits under unemployment insurance. In order to be included in continuing claims, the person must have been covered by unemployment insurance and be currently receiving benefits. Data on unemployment claims is published by the Department of Labor on a weekly basis, allowing for frequent updates on the levels of unemployment.

1897K
Dec, 24 22:30
★★
Crude Oil Inventories
Crude Oil Inventories
Country:
Date: Dec, 24 22:30
Importance: Medium
Previous: -1274K
Forecast: -
Actual: -
Period: Dec

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.

-1274K
Dec, 25 00:00
EIA Natural Gas Storage Change
EIA Natural Gas Storage Change
Country:
Date: Dec, 25 00:00
Importance: Low
Previous: -167
Forecast: -
Actual: -
Period: Dec

Weekly report about natural gas storage change in the USA.

-167
Dec, 25 12:00
Housing Starts
Housing Starts
Country:
Date: Dec, 25 12:00
Importance: Low
Previous: 0.803M; 3.2%
Forecast: ; 0.7%
Actual: -
Period: Nov

The Housing Starts figure reflects the rate of growth in housing construction. The number of housing starts is an indicator of the strength of Japan 's construction sector and a leading indicator for the direction of the economy as a whole. Housing Starts respond quickly to changes in the business cycle, promptly slowing at the onset of a recession and growing at the beginning of an economic boom. A high Housing Starts figure is generally bullish for the economy, as it indicates overall economic growth.

The headline figures are the year on year percentage change in value of housing starts, and the value of all houses started for construction that year.

0.803M; 3.2%
Dec, 26 06:30
National CPI
National CPI
Country:
Date: Dec, 26 06:30
Importance: Low
Previous: 2.7%
Forecast: -
Actual: -
Period: Dec

National Consumer Price Index (CPI) is the key gauge for inflation in Japan. Simply put, inflation reflects a decline in the purchasing power of the Yen, where each Yen buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical Japanese household might purchase. An increase in the index indicates that it takes more Yen to purchase this same set of basic consumer items.

Markets will typically pay more attention to "CPI excluding Fresh Food," because it excludes volatile food prices that can distort overall CPI. The headline figure for CPI is the percentage change in the index on a month to month or year to year basis.

As the most important indicator of inflation, CPI figures are closely followed by the Bank of Japan. Rising Consumer Prices may prompt the BoJ to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Yen more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Yen.

2.7%
Dec, 26 06:30
National CPI ex Fresh Food
National CPI ex Fresh Food
Country:
Date: Dec, 26 06:30
Importance: Low
Previous: 2.8%
Forecast: 2.5%
Actual: -
Period: Dec

National Consumer Price Index (CPI) is the key gauge for inflation in Japan. Simply put, inflation reflects a decline in the purchasing power of the Yen, where each Yen buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical Japanese household might purchase. An increase in the index indicates that it takes more Yen to purchase this same set of basic consumer items.

Markets will typically pay more attention to "CPI excluding Fresh Food," because it excludes volatile food prices that can distort overall CPI. The headline figure for CPI is the percentage change in the index on a month to month or year to year basis.

As the most important indicator of inflation, CPI figures are closely followed by the Bank of Japan. Rising Consumer Prices may prompt the BoJ to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Yen more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Yen.

2.8%
Dec, 26 06:30
Unemployment Rate
Unemployment Rate
Country:
Date: Dec, 26 06:30
Importance: Low
Previous: 2.6%
Forecast: 2.6%
Actual: -
Period: Nov

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.

2.6%
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