Date
GMT+01:00
Event Value
Sep, 23 16:00
FOMC Member Charles Evans Speaks
FOMC Member Charles Evans Speaks
Country:
Date: Sep, 23 16:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -

Charles L. Evans is the ninth President and chief executive officer of the Federal Reserve Bank of Chicago. In that capacity, he serves on the Federal Open Market Committee (FOMC), the Federal Reserve System's monetary policy-making body.

Sep, 23 16:00
FOMC Member Charles Evans Speaks
FOMC Member Charles Evans Speaks
Country:
Date: Sep, 23 16:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -

Charles L. Evans is the ninth President and chief executive officer of the Federal Reserve Bank of Chicago. In that capacity, he serves on the Federal Open Market Committee (FOMC), the Federal Reserve System's monetary policy-making body.

Sep, 23 19:00
★★
FOMC Member Randal K. Quarles Speaks
FOMC Member Randal K. Quarles Speaks
Country:
Date: Sep, 23 19:00
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Governor Randal Quarles - FOMC voting member Oct 2017 - Jan 2032. Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.
Sep, 23 19:00
★★
FOMC Member Randal K. Quarles Speaks
FOMC Member Randal K. Quarles Speaks
Country:
Date: Sep, 23 19:00
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Governor Randal Quarles - FOMC voting member Oct 2017 - Jan 2032. Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.
Sep, 23 23:45
★★
Trade Balance
Trade Balance
Country:
Date: Sep, 23 23:45
Importance: Medium
Previous: 282M; -115M
Forecast: -350M
Actual: -
Period: Aug

A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

Surpluses and Deficits
A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

Ramifications of Trade Balance on Markets
There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

282M; -115M
Sep, 24 00:50
Monetary Policy Meeting Minutes
Monetary Policy Meeting Minutes
Country:
Date: Sep, 24 00:50
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: Jul
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.
Sep, 24 06:00
BOJ Core CPI
BOJ Core CPI
Country:
Date: Sep, 24 06:00
Importance: Low
Previous: 0.0%
Forecast: -
Actual: -
Period: Aug
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.
0.0%
Sep, 24 08:30
★★★
SNB Basic Interest Rate
SNB Basic Interest Rate
Country:
Date: Sep, 24 08:30
Importance: High
Previous: -0.75%
Forecast: -0.75%
Actual: -
Period: Sep
The National Bank of Switzerland introduced a new key rate, abandoning its binding to Libor. One of the most important indicators for currency. Rising rates or even the intention to tighten policies contribute to the growth of the currency.
-0.75%
Sep, 24 08:30
★★★
SNB Monetary Policy Assessment
SNB Monetary Policy Assessment
Country:
Date: Sep, 24 08:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

It's the primary tool the SNB Governing Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it projects the economic outlook and offers clues on the outcome of future rate decisions.

Sep, 24 09:00
★★
Ifo Business Climate Index
Ifo Business Climate Index
Country:
Date: Sep, 24 09:00
Importance: Medium
Previous: 92.6
Forecast: 93.9
Actual: -
Period: Sep

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.

92.6
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