Date
GMT+00:00
Event Value
Mar, 26 14:00
★★★
Consumer Confidence
Consumer Confidence
Country:
Date: Mar, 26 14:00
Importance: High
Previous: 131.4
Forecast: 132.1
Actual: -
Period: Mar

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.

131.4
Mar, 26 14:00
Richmond Fed Manufacturing Index
Richmond Fed Manufacturing Index
Country:
Date: Mar, 26 14:00
Importance: Low
Previous: 16
Forecast: 12
Actual: -
Period: Mar

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.

16
Mar, 26 23:10
★★
RBA Assistant Governor Christopher Kent Speaks
RBA Assistant Governor Christopher Kent Speaks
Country:
Date: Mar, 26 23:10
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
Christopher Kent is Reserve Bank of Australia Assistant Governor since February 2012. He is responsible for the Bank’s Economic Analysis and Economic Research Departments. He is also Chief Economic Adviser to the RBA Governor. His comments may cast light on the regulator’s position and the Australian dollar exchange rate.
Mar, 27 01:00
★★★
Official Cash Rate
Official Cash Rate
Country:
Date: Mar, 27 01:00
Importance: High
Previous: 1.75%
Forecast: 1.75%
Actual: -
Period: Mar
The Official Cash Rate (OCR) is the interest rate set by the Reserve Bank to meet the inflation target specified in the Policy Targets Agreement (PTA). The current PTA, signed in September 2012, defines price stability as annual increases in the Consumers Price Index (CPI) of between 1 and 3 per cent on average over the medium term, with a focus on keeping future average inflation near the 2 percent target midpoint.
1.75%
Mar, 27 01:00
★★★
RBNZ Rate Statement
RBNZ Rate Statement
Country:
Date: Mar, 27 01:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The Reserve Bank of New Zealand (RBNZ) releases this statement in connection to its recent decision on short-term interest rates. Interest rates are a primary determinant of a currency's value and these statements are used by traders to determine future monetary policy decisions.

Mar, 27 08:00
★★★
ECB President Mario Draghi Speaks
ECB President Mario Draghi Speaks
Country:
Date: Mar, 27 08:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

Mario Draghi is an Italian banker and economist who succeeded Jean-Claude Trichet as President of the European Central Bank on 1 November 2011.

Mar, 27 08:45
ECB’s Peter Praet Speaks
ECB’s Peter Praet Speaks
Country:
Date: Mar, 27 08:45
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Executive board member and chief economist of the European Central Bank. Within the board, Praet is widely considered to be centrist on monetary policy, perhaps even slightly “dovish”, meaning he is more likely to take growth prospects into account in the conduct of monetary policy than strict inflation “hawks” do.
Mar, 27 09:00
ZEW-CS Survey (Economic Expectations)
ZEW-CS Survey (Economic Expectations)
Country:
Date: Mar, 27 09:00
Importance: Low
Previous: -16.6
Forecast: -
Actual: -
Period: Mar

The ZEW-CS Indicator is calculated monthly by the Centre for European Economic Research (ZEW) in cooperation with Credit Suisse (CS). The indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six-month time horizon.

-16.6
Mar, 27 10:00
Member of the Executive Board of the ECB Sabine Lautenschager Speaks
Member of the Executive Board of the ECB Sabine Lautenschager Speaks
Country:
Date: Mar, 27 10:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
He is the representative of Germany. Previously, she worked in the Bundesbank, where she was responsible for the Department of Banking and Financial Supervision and the Audit Department. Investors and traders follow her speeches to hear hints of changes in regulation.
Mar, 27 10:30
10-y Bond Auction
10-y Bond Auction
Country:
Date: Mar, 27 10:30
Importance: Low
Previous: 0.12%; 2.5
Forecast: -
Actual: -
Period: Mar
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
0.12%; 2.5
Powered by mt5.com