Date
GMT+00:00
Event Value
Jan, 25 09:00
★★
Ifo Business Climate Index
Ifo Business Climate Index
Country:
Date: Jan, 25 09:00
Importance: Medium
Previous: 92.1
Forecast: 91.5
Actual: -
Period: Jan

The Ifo Business Climate Index is a closely followed leading indicator for economic activity in Germany prepared by the Ifo Institute for Economic Research in Munich. It is based on ca. 7,000 monthly survey responses of firms in manufacturing, construction, wholesaling and retailing. The firms are asked to give their assessments of the current business situation and their expectations for the next six months. They can characterise their situation as "good", "satisfactorily" or "poor" and their business expectations for the next six months as "more favourable", "unchanged" or "more unfavourable". The replies are weighted according to the importance of the industry and aggregated. The balance value of the current business situation is the difference of the percentages of the responses "good" and "poor", the balance value of the expectations is the difference of the percentages of the responses "more favourable" and "more unfavourable". The business climate is a mean of the balances of the business situation and the expectations.

92.1
Jan, 25 09:00
★★
Ifo Current Assessment
Ifo Current Assessment
Country:
Date: Jan, 25 09:00
Importance: Medium
Previous: 91.3
Forecast: 90.7
Actual: -
Period: Jan

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP.

Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Current Assessment
Measures current German business conditions, without considering future expectations.

91.3
Jan, 25 09:00
★★
IFO - Expectations
IFO - Expectations
Country:
Date: Jan, 25 09:00
Importance: Medium
Previous: 92.8
Forecast: 93.2
Actual: -
Period: Jan

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP. Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Expectations
Based on firms' expectations for the next six months, where firms rate the future outlook as better, same, or worse.

92.8
Jan, 25 14:00
Leading indicators
Leading indicators
Country:
Date: Jan, 25 14:00
Importance: Low
Previous: 160.6; 1.2%
Forecast: -
Actual: -
Period: Dec

Movements in these indicators are known to precede larger developments in the rest of the economy.

The Index includes account inventory ratios, machinery orders, stock prices and other leading economic indicators. As the aggregate of many leading indices the Leading Economic Index provides a forecast of the future state of the domestic economy and is thought to predict activity that will occur 6-9 months after the reporting period.

The index operates on a 1-100 scale, where a value lower than 50 means that most indictors are negative and a value higher than 50 means most indicators are positive. In both cases a greater distance from the midpoint (50) means that the indicators are more strongly positive or negative.

160.6; 1.2%
Jan, 25 14:00
NBB Business Climate
NBB Business Climate
Country:
Date: Jan, 25 14:00
Importance: Low
Previous: -8.4
Forecast: -8.0
Actual: -
Period: Jan

Assesses overall business environment in a country.

-8.4
Jan, 25 14:45
ECB's Jens Weidmann Speaks
ECB's Jens Weidmann Speaks
Country:
Date: Jan, 25 14:45
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Jens Weidmann is a German economist and president of the Deutsche Bundesbank.Statements of the German representatives always attracts attention as their opinion is very ponderable.
Jan, 25 23:50
Monetary Policy Meeting Minutes
Monetary Policy Meeting Minutes
Country:
Date: Jan, 25 23:50
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: Dec
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.
Jan, 25 23:50
Corporate Service Price Index
Corporate Service Price Index
Country:
Date: Jan, 25 23:50
Importance: Low
Previous: -0.6%
Forecast: -0.6%
Actual: -
Period: Dec

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.

-0.6%
Jan, 26 02:00
Credit Card Spending
Credit Card Spending
Country:
Date: Jan, 26 02:00
Importance: Low
Previous: 0.1% m/m; -5.6% y/y
Forecast: -
Actual: -
Period: Dec

Shows a change in the total expenditure made via credit cards.

0.1% m/m; -5.6% y/y
Jan, 26 05:00
BOJ Core CPI
BOJ Core CPI
Country:
Date: Jan, 26 05:00
Importance: Low
Previous: -0.1%
Forecast: -
Actual: -
Period: Dec
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
-0.1%
Jan, 26 07:00
★★
Claimant Count Change
Claimant Count Change
Country:
Date: Jan, 26 07:00
Importance: Medium
Previous: 64.3K
Forecast: -
Actual: -
Period: Dec

The UK claimant count provides data on those individuals who are out of work and who are claiming some sort of unemployment benefit.

64.3K
Jan, 26 07:00
★★
Claimant Count Rate
Claimant Count Rate
Country:
Date: Jan, 26 07:00
Importance: Medium
Previous: 4.9%
Forecast: 5.1%
Actual: -
Period: Nov

The Claimant Count is the UK's most timely measure of unemployment. The report measures the number of people who claim unemployment benefits, but actively seeking work. The Claimant Count serves as a barometer for the health of the UK labor market. Higher job growth accompanies economic expansion and could spark inflationary pressures.

The headline number is a percentage change in the figure.

4.9%
Jan, 26 07:00
★★
Average Earnings Index
Average Earnings Index
Country:
Date: Jan, 26 07:00
Importance: Medium
Previous: 2.7% 3m/y; 2.8% 3m/y
Forecast: 3.0% 3m/y; 3.0% 3m/y
Actual: -
Period: Nov
It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer. Data represents the 3-month moving average compared to the same period a year earlier. A figure that excludes bonuses is also released, but not included for lack of significance. Source changed series calculation formula as of Jan 2010
2.7% 3m/y; 2.8% 3m/y
Jan, 26 10:30
30-y Bond Auction
30-y Bond Auction
Country:
Date: Jan, 26 10:30
Importance: Low
Previous: 0.889%; 2.89
Forecast: -
Actual: -
Period: Jan
Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence.
0.889%; 2.89
Jan, 26 11:00
CBI retail sales volume balance
CBI retail sales volume balance
Country:
Date: Jan, 26 11:00
Importance: Low
Previous: -3
Forecast: -
Actual: -
Period: Jan

Level of a diffusion index based on surveyed retailers and wholesalers: above 0 indicates higher sales volume, below indicates lower. This is a survey of about 160 retail and wholesale companies which asks respondents to rate the relative level of current sales volume. It's a leading indicator of consumer spending because retailer and wholesaler sales are directly influenced by consumer buying levels.
 

-3
Jan, 26 14:00
House Price Index
House Price Index
Country:
Date: Jan, 26 14:00
Importance: Low
Previous: 1.5%
Forecast: 0.6%
Actual: -
Period: Nov

A resumptive index of house prices reflecting prices for new constructions and resale real estate markets. As all indices connected with the construction industry it can be seasonally adjusted.

1.5%
Jan, 26 14:00
Case-Shiller 20 City
Case-Shiller 20 City
Country:
Date: Jan, 26 14:00
Importance: Low
Previous: 7.9%
Forecast: 8.3%
Actual: -
Period: Nov
The S&P Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions.
7.9%
Jan, 26 15:00
★★★
Consumer Confidence
Consumer Confidence
Country:
Date: Jan, 26 15:00
Importance: High
Previous: 88.6
Forecast: 88.9
Actual: -
Period: Jan

Assessment of consumer sentiment regarding business conditions, employment and personal income. Based on a representative sample of thousands of mail-in surveys, the Conference Board index has the largest pooling sample of any US measure of consumer confidence. Consumer Confidence levels are generally linked with consumer spending. For instance, when consumer confidence is on the rise consumer spending tends to increase. Low or falling consumer confidence on the other hand is typically associated with decreased spending and consumer demand.

Some analysts criticize the Consumer Confidence figure for its volatile tendencies and weak connection to household expenditure, turning instead to the University of Michigan Consumer Confidence numbers. The volatility of the Consumer Confidence figure is attributed to two factors: its pooling size and the survey time frame focus. The Conference Board surveys an entirely new group of people each month, resulting in more erratic month to month figures. Additionally, the survey queries respondents on expectations for the following six months, a relatively short term evaluation. Conversely, the University of Michigan survey will re-poll many individuals and focuses on expectations for the next one to five years. The long term focus has a stabilizing effect on consumer confidence.

Survey results are printed in the headlines where 100 reflects a recent base year.

88.6
Jan, 26 15:00
Richmond Fed Manufacturing Index
Richmond Fed Manufacturing Index
Country:
Date: Jan, 26 15:00
Importance: Low
Previous: 19
Forecast: 22
Actual: -
Period: Jan

Assesses regional manufacturing conditions for the Richmond Fed District. Based on mail-in surveys from a representative sample of manufacturing plants, the Richmond Fed Index seeks to track industrial performance. The report puts particular emphasis on inflationary pressures.

Though the Richmond Fed Manufacturing Survey is valued for its quick turnaround, it is still released after the ISM survey. As a result, the figure is often used to affirm or question the ISM report, and has little impact on markets. The Richmond Fed Manufacturing Survey also asks manufacturing executives to stress price expectations. Some markets participants use this data as an early gauge to CPI and PPI reports released a few days later.

The headline figure is a three-month average, calculated by finding the percentage difference between positive and negative responses for the last three months, using a zero boom/bust centerline.

Note: The survey covers such topics as shipments, order volume, backlog volume, capacity utilization, vendor lead time, employees, average workweek, wages, inventory levels, and capital expenditures. The Fifth District includes the District of Columbia , Maryland , both Carolinas, and most of the Virginias.

19
Jan, 26 23:30
MI Leading Index
MI Leading Index
Country:
Date: Jan, 26 23:30
Importance: Low
Previous: 0.5%
Forecast: -
Actual: -
Period: Dec

A leading indicator for Australian economic activity calculated by Melbourne Institute.

0.5%
Jan, 27 00:01
BRC Shop Price Index
BRC Shop Price Index
Country:
Date: Jan, 27 00:01
Importance: Low
Previous: -1.8%
Forecast: -
Actual: -
Period: Jan
Change in the price of goods purchased at BRC-member retail stores. Leads the government-released consumer inflation data by about 10 days, but has a narrower scope as it only includes goods purchased from retailers who belong to the BRC. This data is usually released 1 day before the Bank of England interest rate decision. Full reports are only available to BRC subscribers.
-1.8%
Jan, 27 00:30
NAB Business Confidence
NAB Business Confidence
Country:
Date: Jan, 27 00:30
Importance: Low
Previous: 12
Forecast: -
Actual: -
Period: Dec

A survey of the current state of the business sector in Australia . Based on a survey of hundreds of small and large sized companies, the National Australia Bank delivers monthly comprehensive quarterly reports.

This comprehensive survey primarily provides insight into the state of the Australian economy and puts forth leading indicators that signal its future direction. Thus the survey's findings, if unexpected, have the power to move markets directly.

The National Australia Bank releases both a monthly and quarterly report. The quarterly report is more comprehensive, surveying around 1000 small to large non-farm firms. The quarterly report provides greater detail on the data as well as a short to mid-term outlook of Australia . Because of seasonal volatility and government protections the survey only excludes the farm sector.

12
Jan, 27 00:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Jan, 27 00:30
Importance: High
Previous: 1.6% q/q; 0.7% y/y
Forecast: 0.7% q/q; 0.7% y/y
Actual: -
Period: 4 quarter

The headline inflation gauge for Australia. Simply put, inflation reflects a decline in the purchasing power of the Aussie Dollar, where each Dollar 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 is typically bought by a metropolitan Australian households. An increase in the index indicates that it takes more Australian Dollars to purchase this same set of basic consumer items.

Unlike most other countries, Australia publishes CPI quarterly instead of monthly, increasing the market impact of the report upon release. The headline number is released as the percentage change from the previous quarter or year.

1.6% q/q; 0.7% y/y
Jan, 27 00:30
★★
RBA Trimmed Mean CPI
RBA Trimmed Mean CPI
Country:
Date: Jan, 27 00:30
Importance: Medium
Previous: 0.4% q/q; 1.2% y/y
Forecast: 0.4% q/q; 1.2% y/y
Actual: -
Period: 4 quarter
Change in the price of goods and services purchased by consumers, excluding the most volatile 30% of items.
0.4% q/q; 1.2% y/y
Jan, 27 00:30
★★
RBA Weighted Median
RBA Weighted Median
Country:
Date: Jan, 27 00:30
Importance: Medium
Previous: 0.3% q/q; 1.3% y/y
Forecast: 0.4% q/q; 1.2% y/y
Actual: -
Period: 4 quarter
It helps expose the underlying inflation trend through component weighting and anomaly exclusion. The indicator compares the prices growth to the same quarter a yer ago.
0.3% q/q; 1.3% y/y
Jan, 27 05:00
Leading Indicators
Leading Indicators
Country:
Date: Jan, 27 05:00
Importance: Low
Previous: 96.6
Forecast: 96.6
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.
96.6
Jan, 27 07:00
GfK Consumer Climate
GfK Consumer Climate
Country:
Date: Jan, 27 07:00
Importance: Low
Previous: -7.3
Forecast: -7.8
Actual: -
Period: Feb

The German group GfK uses this report to show the results of their survey on business consumer confidence in order to gauge the health of the German economy. It is a leading indicator of economic strength.

-7.3
Jan, 27 07:00
Nationwide House Price Index
Nationwide House Price Index
Country:
Date: Jan, 27 07:00
Importance: Low
Previous: 0.8% m/m; 7.3% y/y
Forecast: -
Actual: -
Period: Jan

Gauge for costs of homes in the United Kingdom. Mortgage data is used to provide a timely measure of the level of prices. House prices give good information current conditions in the housing market. The Index can precurse broader inflationary pressures felt in later more market moving reports should housing price pressures feed into consumer prices.
 

0.8% m/m; 7.3% y/y
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