Date
GMT+01:00
Event Value
Aug, 04 05:30
★★★
RBA Interest Rate Decision
RBA Interest Rate Decision
Country:
Date: Aug, 04 05:30
Importance: High
Previous: 0.25%
Forecast: 0.25%
Actual: -
Period: Aug
The Reserve Bank sets the target 'cash rate', which is the market interest rate on overnight funds. It uses this as the instrument for monetary policy, and influences the cash rate through its financial market operations. Decisions regarding the cash rate target are made by the Reserve Bank Board and explained in a media release announcing the decision at 2.30 pm after each Board meeting.
0.25%
Aug, 04 05:30
★★★
RBA Monetary Policy Statement
RBA Monetary Policy Statement
Country:
Date: Aug, 04 05:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The RBA Monetary Policy Statement released by the Reserve bank of Australia reviews economic and financial conditions, determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. It is considered as a clear guide to the future RBA interest rate policy. Any changes in this report affect the AUD volatility. If the RBA statement shows a hawkish outlook, that is seen as positive (or bullish) for the AUD, while a dovish outlook is seen as negatvie (or bearish).

Aug, 04 23:45
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Aug, 04 23:45
Importance: High
Previous: 4.2%
Forecast: 5.5%
Actual: -
Period: 2 quarter

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.

4.2%
Aug, 04 23:45
★★★
Employment Change
Employment Change
Country:
Date: Aug, 04 23:45
Importance: High
Previous: 0.7% q/q; 1.6% y/y
Forecast: -2.0%q/q
Actual: -
Period: 2 quarter

Employment change is a crucial indicator to measure the health of the overal economy. It's realeased shortly after the month ends and is a leading indcator of consumer spending which makes up the majority of overall economic activity.

0.7% q/q; 1.6% y/y
Aug, 05 13:12
★★★
BOJ Governor Haruhiko Kuroda Speaks
BOJ Governor Haruhiko Kuroda Speaks
Country:
Date: Aug, 05 13:12
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

Bank of Japan Governor Haruhiko Kuroda will hold a press conference about monetary policies in Tokyo. Mr Kuroda exercises general control over the Bank's business. He is in charge of the Internal Auditors' Office.

Powered by mt5.com