| Date GMT+01:00 |
Event | Value | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr, 30 12:00 |
★★★ |
BoE Interest Rate Decision
BoE Interest Rate Decision
The announcement of whether the Bank of England has increased, decreased or maintained the key interest rate. The BoE meets monthly to decide on monetary policy. After each meeting policy decisions are announced. The main task of the Bank of England's Monetary Policy Committee is to set the monetary stance by fixing the overnight borrowing rate, which is incremental in determining the short-term rates. Through this mechanism, the BoE attempts to affect price levels in order to keep inflation within the target range while maintaining stable economic growth and employment. The BOE Rate decision has great influence on financial markets. Changes in rates affect interest rates for consumer loans, mortgages, bond, and the exchange rate of the pound. Increases in rates or even expectations of increases tend to cause the pound to appreciate, while rate decreases cause the currency to depreciate. |
3.75% | ||||||||||||||
| Apr, 30 12:00 |
★★★ |
MPC Official Bank Rate Votes
MPC Official Bank Rate Votes
This indicator shows how the BoE's Monetary Policy Committee voted. Published monthly, 13 days after the decision on interest rate was announced |
0-0-9 | ||||||||||||||
| Apr, 30 12:00 |
★★★ |
Monetary Policy Summary
Monetary Policy Summary
It's among the primary tools the MPC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes.
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| Apr, 30 13:15 |
★★ |
Deposit Facility Rate
Deposit Facility Rate
Financial institutions can place surplus funds in the European Central Bank-administered Marginal Lending Facility to be loaned to institutions requiring overnight loans to meet temporary cash shortages. The Deposit Rate is the interest paid to depositors when they place funds with their respective national Central Bank within the Eurosystem. |
2.00% | ||||||||||||||
| Apr, 30 13:15 |
★★ |
Marginal Lending Facility
Marginal Lending Facility
A mechanism that central banks use when lending funds to primary dealers. Lending facilities provide financial institutions with access to funds in order to satisfy reserve requirements using the overnight lending market. Lending facilities are also used to increase liquidity over longer periods such as by using term auction facilities. |
2.40% | ||||||||||||||
| Apr, 30 13:30 |
★★ |
Unemployment Claims
Unemployment Claims
The indicator shows the number of unemployed people in the USA. |
214K | ||||||||||||||
| Apr, 30 13:30 |
★ |
Continuing Claims
Continuing Claims
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. |
1821K | ||||||||||||||
| Apr, 30 13:30 |
★★★ |
GDP
GDP
The GDP for the United States is a gauge of the overall output (goods & services) of the US economy on the continental US GDP is the most comprehensive overall measure of economic output and provides key insight into the driving forces of the economy. GDP Influence On Markets Due to the untimeliness of this report and because data on GDP components are available beforehand, the actual GDP figure is usually well anticipated. But given its overall significance GDP has the tendency to move the market upon release, acting to confirm or upset economic expectations. Robust GDP growth signals a heightened level of activity that is generally associated with a healthy economy. However economic expansion also raises concerns about inflationary pressures which may lead to monetary policy tightening. Gross Domestic Product is calculated in the following way The figure is commonly reported in headlines as an annualized percentage, based on quarterly data. On a technical note: The GDP can be reported in either real or nominal terms, real GDP being adjusted for inflation. GDP actually has three releases, as an Advanced, Preliminary, and Final figure. The Advanced figure is released four weeks following the quarter's end. One month later, the Preliminary GDP is released, followed by the Final GDP measure at the end of the quarter following the reporting quarter. As the most timely measure, the Advanced GDP tends to move markets the most. |
0.5% | ||||||||||||||
| Apr, 30 13:30 |
★★ |
PCE Core
PCE Core
Comprehensive measure of how much consumers spend each month, counting expenditures on durable goods, consumer products, and services. Personal Consumption is a comprehensive measure of GDP; consequently the figure is watched as an indicator for economic trends. The PCE figure is released in headlines as a percent change from the previous month. Core Personal Consumption Expenditure The headline figure of PCE is expressed in percentage change in spending for the quarter. Note: The Personal Consumption Expenditure figure is reported with the Personal Income and Outlays figure. |
2.7% | ||||||||||||||
| Apr, 30 13:30 |
★★ |
GDP Price Index
GDP Price Index
Measures changes in the prices of goods and services that are included in US GDP. The GDP Price Index is an indicator for inflation calculated by comparing the current GDP to GDP in the reference year. A high or rising GDP Price Index, like other indicators of inflation, puts pressure on the Federal Reserve to raise interest rates. The GDP price index differs from other more popular inflation measures like CPI, in that it includes all products accounted for by GDP and does not include the affects of changes in import prices. Furthermore, the report is only released quarterly and commands little market attention because of it lack of timeliness. The headline figure is the annualized percentage change. |
3.7% | ||||||||||||||