Date
GMT+01:00
Event Value
Jul, 18 09:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Jul, 18 09:30
Importance: High
Previous: 0.4% m/m; 2.4% y/y
Forecast: 0.2% m/m; 2.6% y/y
Actual: -
Period: Jun

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

0.4% m/m; 2.4% y/y
Jul, 18 13:30
★★★
Building Permits
Building Permits
Country:
Date: Jul, 18 13:30
Importance: High
Previous: 1301K; -4.6% m/m
Forecast: 1330K; 2.2% m/m
Actual: -
Period: Jun

The number of new building projects authorized for construction. The figure is widely used as an indicator for developments in the housing market, since receiving a permit to build is the first step in the construction process. Thus growth in Building Permits reflects growth in the construction sector. Also, due to the high outlays needed for construction projects, an increase in Building Permits suggests corporate and consumer optimism. Additionally, because leading indicators for the housing market respond quickly to changes in the business cycle, the Building Permit figure can act as a leading indicator for the economy as a whole.

The headline is the seasonally adjusted percentage change in Building Permits from the previous month.

1301K; -4.6% m/m
Jul, 18 15:00
★★★
Federal Reserve Chairman Jerome Powell Speaks
Federal Reserve Chairman Jerome Powell Speaks
Country:
Date: Jul, 18 15:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Chair Jerome Powell. Fed Chair Feb 2018 - Feb 2022. Fed Governor May 2012 - Jan 2028. The testimony usually comes in 2 parts: first he reads a prepared statement (a text version is made available on the Fed's website at the start), then the committee will hold a question and answer session. Since the questions are not known beforehand they can make for some unscripted moments that lead to heavy market volatility. As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
Jul, 19 02:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Jul, 19 02:30
Importance: High
Previous: 5.4%
Forecast: 5.4%
Actual: -
Period: Jun

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.

5.4%
Jul, 19 02:30
★★★
Employment Change
Employment Change
Country:
Date: Jul, 19 02:30
Importance: High
Previous: 12.0K
Forecast: 16.6K
Actual: -
Period: Jun

Tracks the number of the employed in Australia . The figure appears in the monthly Labour Force Survey conducted by the Australian Bureau of Statistics. A surge in new employment suggests higher spending potential and budding inflation pressures, which the RBA often counters with rate increases.

The headline figure is the annualized percentage change in employed workers.

12.0K
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