Date
GMT+07:00
Event Value
Jan, 09 06:30
Household Spending
Household Spending
Country:
Date: Jan, 09 06:30
Importance: Low
Previous: -3.0%
Forecast: -1.0%
Actual: -
Period: Nov

A survey of both wage-earning and non-working households, such as those classified as single-member, unemployed, or retired. The headline figure is the percentage change in average spending per household from the previous year. Increases in household spending are favorable for the Japanese economy because high consumer spending generally leads to higher levels of economic growth. Higher spending is also a sign of consumer optimism, as households confident in their future outlook will spend more. At the same time accelerated growth exerts inflationary pressure, which can lead to interest rate increases in the future.

-3.0%
Jan, 09 08:30
★★★
CPI
CPI
Country:
Date: Jan, 09 08:30
Importance: High
Previous: 0.7%
Forecast: 0.8%
Actual: -
Period: Dec

Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures.

0.7%
Jan, 09 08:30
★★
PPI
PPI
Country:
Date: Jan, 09 08:30
Importance: Medium
Previous: -2.2%
Forecast: -2.0%
Actual: -
Period: Dec

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

-2.2%
Jan, 09 12:00
Leading Indicators
Leading Indicators
Country:
Date: Jan, 09 12:00
Importance: Low
Previous: 109.8
Forecast: 110.4
Actual: -
Period: Nov
This index is designed to predict the direction of the economy, but it tends to have a muted impact because most of the indicators used in the calculation are released previously. There's a revised version of this indicator released about 10 days later, but it's not included for lack of significance. Source changed series from a diffusion index to a composite index as of Jun 2008. Combined reading of 11 economic indicators related to employment, production, new orders, consumer confidence, housing, stock prices, money supply, and interest rate spreads.
109.8
Jan, 09 14:00
Industrial Production
Industrial Production
Country:
Date: Jan, 09 14:00
Importance: Low
Previous: 1.8%; 0.8%
Forecast: 0.0%
Actual: -
Period: Nov

Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Germany. Industrial production is significant as a short-term indicator of the strength of German industrial activity. High or rising Industrial Production figures suggest increased production and economic expansion, healthy for the Euro. However, uncontrolled levels of production and consumption can spark inflation.

The report is only a preliminary estimate figure that does not move the markets much. The figure is released in headlines as a monthly percent change.

1.8%; 0.8%
Jan, 09 14:00
Trade Balance
Trade Balance
Country:
Date: Jan, 09 14:00
Importance: Low
Previous: 16.9bln; 17.3bln
Forecast: 16.3
Actual: -
Period: Nov

The difference between the value of exports and imports in Germany. Trade Balance is one of the biggest components of Germany 's Balance of Payment. As Germany is Europe's largest economy and given Germany's export oriented economy, trade data can give critical insight into pressures on the value of the Euro.

In order to gauge the effect of German Trade Balance on the Euro, German trade is separated into intra-Eurozone trades and extra-Eurozone trades. Intra-trades between Germany and Eurozone countries have no affect on the overall valuation of Euro. Extra-trades between Germany and other countries outside of Eurozone do impact the overall Eurozone trade balance. Given Germany's large share of Eurozone exports, the figure tends to move the market upon release.

Trade surpluses reflect funds coming into Germany in exchange for goods and services. Such currency inflows may lead to a natural appreciation of a Euro, unless countered by similar capital outflows. At a bare minimum, surpluses will boost up the value of the currency.

The headline figure for trade balance is expressed in billions of Euros.

16.9bln; 17.3bln
Jan, 09 14:45
Industrial Production
Industrial Production
Country:
Date: Jan, 09 14:45
Importance: Low
Previous: 0.2%
Forecast: -0.2%
Actual: -
Period: Nov

Measures the level of production of French industries. French Industrial Production tracks relative changes in the production of goods, excluding energy and food, whether they are sold domestically or abroad. The headline figure is the percentage change in the index from the previous quarter or year.

Industrial Production is highly sensitive to the business cycle, and so can forecast changes in employment, earnings, and personal income. Consequently, Industrial Production is considered a reliable leading indicator of the overall health of the French economy.

0.2%
Jan, 09 14:45
Consumer Spending
Consumer Spending
Country:
Date: Jan, 09 14:45
Importance: Low
Previous: 0.4%
Forecast: -0.1%
Actual: -
Period: Nov

Change in the total value of inflation-adjusted goods expenditures by consumers.

0.4%
Jan, 09 15:00
Foreign Currency Reserves
Foreign Currency Reserves
Country:
Date: Jan, 09 15:00
Importance: Low
Previous: 727
Forecast: -
Actual: -
Period: Dec

This is the amount of foreign currency reserves that are held by the Central Bank of a country. In general use, foreign currency reserves also include gold and IMF reserves. Also, people may take into account liquid assets that can easily be converted into foreign currency.

727
Jan, 09 15:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jan, 09 15:00
Importance: Low
Previous: 3.0%; 2.9%
Forecast: 3.0%
Actual: -
Period: Dec

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.

High unemployment translates into lower average wages and reduced consumer spending. As consumer spending is the majority of total expenditure, rising unemployment often leads to slow economic growth. In addition, high or rising unemployment puts downward pressure on interest rates and leads to a depreciating Franc.

3.0%; 2.9%
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