Economic Calendar 26 April - 30 April

 

DATE	TIME	CRNCY	EVENT	ACTUAL	FORECAST	PREVIOUS
Sun		USD	USD IMF, World Bank, G-20, G-7 Meet in Washington D.C.
25-Apr
Tue	14:00	USD	USD Consumer Confidence (APR)		53.5	52.5
27-Apr
Wed		EUR	EUR German Consumer Price Index (YoY) (APR P)			1.10%
28-Apr
		EUR	EUR German Consumer Price Index - EU Harmonised (YoY) (APR P)			1.20%
	1:30	AUD	AUD Consumer Prices Index (YoY) (1Q)		2.80%	2.10%
	18:15	USD	USD Federal Open Market Committee Interest Rate Decision		0.25%	0.25%
	21:00	NZD	NZD Reserve Bank of New Zealand Interest Rate Decision		2.50%	2.50%
Thu	7:55	EUR	EUR German Unemployment Change (APR)		-10K	-31K
29-Apr
	9:00	EUR	EUR Euro-Zone Industrial Confidence (APR)		-8	-10
Fri		JPY	JPY Bank of Japan Interest Rate Decision		0.10%	0.10%
30-Apr
	12:30	USD	USD Gross Domestic Product Price Index (1Q A)			0.50%
	12:30	USD	USD Gross Domestic Product (Annualized) (1Q A)		3.40%	5.60%
	13:55	USD	USD U. of Michigan Confidence (APR F)		71	69.5

 

 

Interest Rate Decisions

Interest rates decisions news flashes provide guidelines for the overnight lending rate which are bound to have an effect on businesses and consumers alike. An upward surge in the cost of living - inflation and a runaway economy is slowed by hiking the interest rates. Lowering interest rates rejuvenates an economy from the doldrums by enabling consumers to get easy credit thus increasing consumption. Currencies strengthen when interest rates move north and weaken when the rates move southwards.

 

 Change in Employment

Change in employment index compares the employment to the unemployment rates in a certain economy. The index which is calculated by economist is used to predict future spending and consumption pertains which are likely to occur due to change of one of the parameters. An economy can either grow or contract depending on which of the two parameters changes.

 

Consumer Price Index (CPI)

CPI is one of the most reliable parameters used to gauge the extent of inflation on the economy. Every household spends money on some basic commodities and utilities, these items are collectively referred to as “the consumer basket”. By monitoring the changes in price of the consumer basket, economists are able to predict the interest trends. This is largely due to the fact that central bank will more often than not act to tame inflation by raising interest rates and vice versa. The adjustments of interest rates to keep consumer basket within the majorities reach will affect the underlying currency either strengthening or weakening it.

 

Retail Sales

Retails sales are good pointers of the state of the economy. When the economy is strong and growing, retails sales escalate and consumer are more willing to spend money on luxury goods. Conversely, a shrinking economy is characterized by a reduction in retail sales and cautious spending by consumers.

 

Trade Balance

This is simply the difference between total exports and total exports between two or more trading nations. Multinational trade involves the export and import of goods and services between nations. When one country exports more than it imports the net effect is a trade surplus. The reverse of this is known as trade deficit. Great emphasis is placed on Trade Balance Report as it shows the movement of goods and services between nations. Countries with trade surplus usually have stronger economies as there have more money in than what there are spending.

 

Gross Domestic Product – GDP

GDP is derived at by measuring the consumers’ ability to consume / afford goods and services produced within their economy. A strong GDP is a sign of a robust economy which should be checked for inflation - rising interest rates - while a weak GDP could be interpreted to indicate a recession meaning interest rates are likely to head south.

 

ISM Manufacturing Survey

This survey gauges the mood and sentiments of companies’ top brass, decision and policy makers towards inflation. The centerpiece of this survey is their take on business outlook - new business, production capacities, backlogs, inventory levels and manpower issues. A 50 points scale is used to interpret the findings with value 50 indicating expansion, while values below 50 are a sign of recession

Economic Calendar 5 April - 9 April

DATE	TIME	CRNCY	EVENT	ACTUAL	FORECAST	PREVIOUS
Mon	15:30	USD	Federal Reserve Scheduled to Review the Discount Lending Rate
5-Apr
Tue	4:30	AUD	AUD Reserve Bank of Australia Interest Rate Decision		4.25%	4.00%
6-Apr
Wed		JPY	JPY Bank of Japan Interest Rate Decision		0.10%	0.10%
7-Apr
	9:00	EUR	EUR Euro-Zone Gross Domestic Product s.a. (QoQ) (4Q F)		0.10%	0.10%
	9:00	EUR	EUR Euro-Zone Gross Domestic Product s.a. (YoY) (4Q F)		-2.10%	-2.10%
Thu	1:30	AUD	AUD Employment Change (MAR)		20.0K	0.4K
8-Apr
	11:00	GBP	GBP Bank of England Asset Purchase Target		200B	200B
	11:00	GBP	GBP Bank of England Interest Rate Decision		0.50%	0.50%
	11:45	EUR	EUR European Central Bank Interest Rate Decision		1.00%	1.00%
	12:30	EUR	EUR ECB President Jean-Claude Trichet Holds Press Conference
Fri	11:00	CAD	CAD Net Change in Employment (MAR)		25.0K	20.9K
9-Apr

 

Interest Rate Decisions

Interest rates decisions news flashes provide guidelines for the overnight lending rate which are bound to have an effect on businesses and consumers alike. An upward surge in the cost of living - inflation and a runaway economy is slowed by hiking the interest rates. Lowering interest rates rejuvenates an economy from the doldrums by enabling consumers to get easy credit thus increasing consumption. Currencies strengthen when interest rates move north and weaken when the rates move southwards.

 

 Change in Employment

Change in employment index compares the employment to the unemployment rates in a certain economy. The index which is calculated by economist is used to predict future spending and consumption pertains which are likely to occur due to change of one of the parameters. An economy can either grow or contract depending on which of the two parameters changes.

 

Consumer Price Index (CPI)

CPI is one of the most reliable parameters used to gauge the extent of inflation on the economy. Every household spends money on some basic commodities and utilities, these items are collectively referred to as “the consumer basket”. By monitoring the changes in price of the consumer basket, economists are able to predict the interest trends. This is largely due to the fact that central bank will more often than not act to tame inflation by raising interest rates and vice versa. The adjustments of interest rates to keep consumer basket within the majorities reach will affect the underlying currency either strengthening or weakening it.

 

Retail Sales

Retails sales are good pointers of the state of the economy. When the economy is strong and growing, retails sales escalate and consumer are more willing to spend money on luxury goods. Conversely, a shrinking economy is characterized by a reduction in retail sales and cautious spending by consumers.

 

Trade Balance

This is simply the difference between total exports and total exports between two or more trading nations. Multinational trade involves the export and import of goods and services between nations. When one country exports more than it imports the net effect is a trade surplus. The reverse of this is known as trade deficit. Great emphasis is placed on Trade Balance Report as it shows the movement of goods and services between nations. Countries with trade surplus usually have stronger economies as there have more money in than what there are spending.

 

Gross Domestic Product – GDP

GDP is derived at by measuring the consumers’ ability to consume / afford goods and services produced within their economy. A strong GDP is a sign of a robust economy which should be checked for inflation - rising interest rates - while a weak GDP could be interpreted to indicate a recession meaning interest rates are likely to head south.

 

ISM Manufacturing Survey

This survey gauges the mood and sentiments of companies’ top brass, decision and policy makers towards inflation. The centerpiece of this survey is their take on business outlook - new business, production capacities, backlogs, inventory levels and manpower issues. A 50 points scale is used to interpret the findings with value 50 indicating expansion, while values below 50 are a sign of recession

Economic Calendar 28 March - 2 April

DATE	TIME	CRNCY	EVENT	ACTUAL	FORECAST	PREVIOUS
Mon		EUR	EUR German Consumer Price Index - EU Harmonised (YoY) (MAR P)	1.3	0.9	0.50%
29-Mar
		EUR	EUR German Consumer Price Index (YoY) (MAR P)	1.1	0.9	0.60%
Tue	14:00	USD	USD Consumer Confidence (MAR)	52.5	51	46
30-Mar
Wed	7:55	EUR	EUR German Unemployment Change (MAR)	-31K	7K	-1K
31-Mar
	23:50	JPY	JPY Tankan Large Manufacturers Outlook (1Q)	-8	-8	-18
	23:50	JPY	JPY Tankan Large All Industry Capex (1Q)	-0.4	+0.4	-13.80%
Thu	6:00	EUR	EUR German Retail Sales (MoM) (NOV)		0.00%	-0.5% (R-)
1-Apr
	14:00	USD	USD ISM Manufacturing (MAR)	59.6	57	56.5
Fri	12:30	USD	USD Unemployment Rate (MAR)		9.70%	9.70%
2-Apr
	12:30	USD	USD Change in Non-Farm Payrolls (MAR)		190K	-36K

Interest Rate Decisions

Interest rates decisions news flashes provide guidelines for the overnight lending rate which are bound to have an effect on businesses and consumers alike. An upward surge in the cost of living - inflation and a runaway economy is slowed by hiking the interest rates. Lowering interest rates rejuvenates an economy from the doldrums by enabling consumers to get easy credit thus increasing consumption. Currencies strengthen when interest rates move north and weaken when the rates move southwards.

 

 Change in Employment

Change in employment index compares the employment to the unemployment rates in a certain economy. The index which is calculated by economist is used to predict future spending and consumption pertains which are likely to occur due to change of one of the parameters. An economy can either grow or contract depending on which of the two parameters changes.

 

Consumer Price Index (CPI)

CPI is one of the most reliable parameters used to gauge the extent of inflation on the economy. Every household spends money on some basic commodities and utilities, these items are collectively referred to as “the consumer basket”. By monitoring the changes in price of the consumer basket, economists are able to predict the interest trends. This is largely due to the fact that central bank will more often than not act to tame inflation by raising interest rates and vice versa. The adjustments of interest rates to keep consumer basket within the majorities reach will affect the underlying currency either strengthening or weakening it.

 

Retail Sales

Retails sales are good pointers of the state of the economy. When the economy is strong and growing, retails sales escalate and consumer are more willing to spend money on luxury goods. Conversely, a shrinking economy is characterized by a reduction in retail sales and cautious spending by consumers.

 

Trade Balance

This is simply the difference between total exports and total exports between two or more trading nations. Multinational trade involves the export and import of goods and services between nations. When one country exports more than it imports the net effect is a trade surplus. The reverse of this is known as trade deficit. Great emphasis is placed on Trade Balance Report as it shows the movement of goods and services between nations. Countries with trade surplus usually have stronger economies as there have more money in than what there are spending.

 

Gross Domestic Product – GDP

GDP is derived at by measuring the consumers’ ability to consume / afford goods and services produced within their economy. A strong GDP is a sign of a robust economy which should be checked for inflation - rising interest rates - while a weak GDP could be interpreted to indicate a recession meaning interest rates are likely to head south.

 

ISM Manufacturing Survey

This survey gauges the mood and sentiments of companies’ top brass, decision and policy makers towards inflation. The centerpiece of this survey is their take on business outlook - new business, production capacities, backlogs, inventory levels and manpower issues. A 50 points scale is used to interpret the findings with value 50 indicating expansion, while values below 50 are a sign of recession

Economic Calendar 22 March - 26 March

DATE	TIME	CRNCY	EVENT	ACTUAL	FORECAST	PREVIOUS
Tue	9:30	GBP	GBP Consumer Price Index (MoM) (FEB)		0.50%	-0.20%
23-Mar
	9:30	GBP	GBP Consumer Price Index (YoY) (FEB)		3.10%	3.50%
	9:30	GBP	GBP Core Consumer Price Index (YoY) (FEB)		3.10%	3.10%
Wed	12:30	USD	USD Durable Goods Orders (FEB)		0.90%	3.00%
24-Mar
	21:45	NZD	NZD Gross Domestic Product (QoQ) (4Q)		0.80%	0.20%
	21:45	NZD	NZD Gross Domestic Product (YoY) (4Q)		0.40%	-1.30%
Thu	23:30	JPY	JPY National Consumer Price Index (YoY) (FEB)		-1.10%	-1.30%
25-Mar
Fri	12:30	USD	USD Gross Domestic Product (Annualized) (4Q T)		5.90%	5.90%
26-Mar

Interest Rate Decisions

Interest rates decisions news flashes provide guidelines for the overnight lending rate which are bound to have an effect on businesses and consumers alike. An upward surge in the cost of living - inflation and a runaway economy is slowed by hiking the interest rates. Lowering interest rates rejuvenates an economy from the doldrums by enabling consumers to get easy credit thus increasing consumption. Currencies strengthen when interest rates move north and weaken when the rates move southwards.

 

 Change in Employment

Change in employment index compares the employment to the unemployment rates in a certain economy. The index which is calculated by economist is used to predict future spending and consumption pertains which are likely to occur due to change of one of the parameters. An economy can either grow or contract depending on which of the two parameters changes.

 

Consumer Price Index (CPI)

CPI is one of the most reliable parameters used to gauge the extent of inflation on the economy. Every household spends money on some basic commodities and utilities, these items are collectively referred to as “the consumer basket”. By monitoring the changes in price of the consumer basket, economists are able to predict the interest trends. This is largely due to the fact that central bank will more often than not act to tame inflation by raising interest rates and vice versa. The adjustments of interest rates to keep consumer basket within the majorities reach will affect the underlying currency either strengthening or weakening it.

 

Retail Sales

Retails sales are good pointers of the state of the economy. When the economy is strong and growing, retails sales escalate and consumer are more willing to spend money on luxury goods. Conversely, a shrinking economy is characterized by a reduction in retail sales and cautious spending by consumers.

 

Trade Balance

This is simply the difference between total exports and total exports between two or more trading nations. Multinational trade involves the export and import of goods and services between nations. When one country exports more than it imports the net effect is a trade surplus. The reverse of this is known as trade deficit. Great emphasis is placed on Trade Balance Report as it shows the movement of goods and services between nations. Countries with trade surplus usually have stronger economies as there have more money in than what there are spending.

 

Gross Domestic Product – GDP

GDP is derived at by measuring the consumers’ ability to consume / afford goods and services produced within their economy. A strong GDP is a sign of a robust economy which should be checked for inflation - rising interest rates - while a weak GDP could be interpreted to indicate a recession meaning interest rates are likely to head south.

 

ISM Manufacturing Survey

This survey gauges the mood and sentiments of companies’ top brass, decision and policy makers towards inflation. The centerpiece of this survey is their take on business outlook - new business, production capacities, backlogs, inventory levels and manpower issues. A 50 points scale is used to interpret the findings with value 50 indicating expansion, while values below 50 are a sign of recession

Economic Calendar 15 March - 19 March

DATE	TIME	CRNCY	EVENT	ACTUAL	FORECAST	PREVIOUS
Tue	10:00	EUR	EUR Euro-Zone Consumer Price Index (YoY) (FEB)	44.5	0.90%	0.90%
16-Mar
	10:00	EUR	EUR Euro-Zone Consumer Price Index - Core (YoY) (FEB)	-51.9		0.90%
	11:00	EUR	EUR Euro-Zone Consumer Price Index (MoM) (FEB)	0.25%	0.30%	-0.80%
	18:15	USD	USD Federal Open Market Committee Interest Rate Decision	0.1%	0.25%	0.25%
Wed		JPY	JPY Bank of Japan Interest Rate Decision			0.10%
17-Mar
	9:30	GBP	GBP Bank of England Meeting Minutes	-32.3%
	9:30	GBP	GBP Jobless Claims Change (FEB)		6.0K	23.5K
	9:30	GBP	GBP Claimant Count Rate (FEB)		5.00%	5.00%
	9:30	GBP	GBP ILO Unemployment Rate (3M) (JAN)		7.90%	7.80%
Thu	12:30	USD	USD Consumer Price Index (MoM) (FEB)		0.10%	0.20%
18-Mar
	12:30	USD	USD Consumer Price Index (YoY) (FEB)		2.30%	2.60%
	12:30	USD	USD Consumer Price Index Core Index s.a. (FEB)			220.463
	12:30	USD	USD Consumer Price Index n.s.a. (FEB)			216.687
Fri	12:30	CAD	CAD Consumer Price Index (MoM) (FEB)		0.30%	0.30%
19-Mar
	12:30	CAD	CAD Consumer Price Index (YoY) (FEB)		1.40%	1.90%
	12:30	CAD	CAD Bank Canada Consumer Price Index Core (MoM) (FEB)		0.30%	0.10%
	12:30	CAD	CAD Bank Canada Consumer Price Index Core (YoY) (FEB)		1.60%	2.00%

Interest Rate Decisions

Interest rates decisions news flashes provide guidelines for the overnight lending rate which are bound to have an effect on businesses and consumers alike. An upward surge in the cost of living - inflation and a runaway economy is slowed by hiking the interest rates. Lowering interest rates rejuvenates an economy from the doldrums by enabling consumers to get easy credit thus increasing consumption. Currencies strengthen when interest rates move north and weaken when the rates move southwards.

 

 Change in Employment

Change in employment index compares the employment to the unemployment rates in a certain economy. The index which is calculated by economist is used to predict future spending and consumption pertains which are likely to occur due to change of one of the parameters. An economy can either grow or contract depending on which of the two parameters changes.

 

Consumer Price Index (CPI)

CPI is one of the most reliable parameters used to gauge the extent of inflation on the economy. Every household spends money on some basic commodities and utilities, these items are collectively referred to as “the consumer basket”. By monitoring the changes in price of the consumer basket, economists are able to predict the interest trends. This is largely due to the fact that central bank will more often than not act to tame inflation by raising interest rates and vice versa. The adjustments of interest rates to keep consumer basket within the majorities reach will affect the underlying currency either strengthening or weakening it.

 

Retail Sales

Retails sales are good pointers of the state of the economy. When the economy is strong and growing, retails sales escalate and consumer are more willing to spend money on luxury goods. Conversely, a shrinking economy is characterized by a reduction in retail sales and cautious spending by consumers.

 

Trade Balance

This is simply the difference between total exports and total exports between two or more trading nations. Multinational trade involves the export and import of goods and services between nations. When one country exports more than it imports the net effect is a trade surplus. The reverse of this is known as trade deficit. Great emphasis is placed on Trade Balance Report as it shows the movement of goods and services between nations. Countries with trade surplus usually have stronger economies as there have more money in than what there are spending.

 

Gross Domestic Product – GDP

GDP is derived at by measuring the consumers’ ability to consume / afford goods and services produced within their economy. A strong GDP is a sign of a robust economy which should be checked for inflation - rising interest rates - while a weak GDP could be interpreted to indicate a recession meaning interest rates are likely to head south.

 

ISM Manufacturing Survey

This survey gauges the mood and sentiments of companies’ top brass, decision and policy makers towards inflation. The centerpiece of this survey is their take on business outlook - new business, production capacities, backlogs, inventory levels and manpower issues. A 50 points scale is used to interpret the findings with value 50 indicating expansion, while values below 50 are a sign of recession

Economic Calendar 08 March - 12 March

DATE	TIME	CRNCY	EVENT	ACTUAL	FORECAST	PREVIOUS
Mon	6:45	CHF	CHF Unemployment Rate s.a. (FEB)	4.10%	4.10%	4.10%
8-Mar
	6:45	CHF	CHF Unemployment Rate (FEB)	4.40%	4.40%	4.50%
Wed	21:00	NZD	NZD Reserve Bank of New Zealand International Rate Decision		2.50%	2.50%
10-Mar
Thu	1:30	AUD	AUD Employment Change (FEB)		15.0K	52.7K
11-Mar
	1:30	AUD	AUD Unemployment Rate (FEB)			5.30%
	14:00	CHF	CHF Swiss National Bank International Rate Decision		0.25%	0.25%
	19:00	USD	USD New York Fed’s Dudley Speaks to London Economists
Fri	12:00	CAD	CAD Net Change in Employment (FEB)		16.0K	43.0K
12-Mar
	13:30	USD	USD Advance Retail Sales (FEB)		-0.20%	0.50%
	13:30	USD	USD Retail Sales Less Autos (FEB)

Interest Rate Decisions

Interest rates decisions news flashes provide guidelines for the overnight lending rate which are bound to have an effect on businesses and consumers alike. An upward surge in the cost of living - inflation and a runaway economy is slowed by hiking the interest rates. Lowering interest rates rejuvenates an economy from the doldrums by enabling consumers to get easy credit thus increasing consumption. Currencies strengthen when interest rates move north and weaken when the rates move southwards.

 

 Change in Employment

Change in employment index compares the employment to the unemployment rates in a certain economy. The index which is calculated by economist is used to predict future spending and consumption pertains which are likely to occur due to change of one of the parameters. An economy can either grow or contract depending on which of the two parameters changes.

 

Consumer Price Index (CPI)

CPI is one of the most reliable parameters used to gauge the extent of inflation on the economy. Every household spends money on some basic commodities and utilities, these items are collectively referred to as “the consumer basket”. By monitoring the changes in price of the consumer basket, economists are able to predict the interest trends. This is largely due to the fact that central bank will more often than not act to tame inflation by raising interest rates and vice versa. The adjustments of interest rates to keep consumer basket within the majorities reach will affect the underlying currency either strengthening or weakening it.

 

Retail Sales

Retails sales are good pointers of the state of the economy. When the economy is strong and growing, retails sales escalate and consumer are more willing to spend money on luxury goods. Conversely, a shrinking economy is characterized by a reduction in retail sales and cautious spending by consumers.

 

Trade Balance

This is simply the difference between total exports and total exports between two or more trading nations. Multinational trade involves the export and import of goods and services between nations. When one country exports more than it imports the net effect is a trade surplus. The reverse of this is known as trade deficit. Great emphasis is placed on Trade Balance Report as it shows the movement of goods and services between nations. Countries with trade surplus usually have stronger economies as there have more money in than what there are spending.

 

Gross Domestic Product – GDP

GDP is derived at by measuring the consumers’ ability to consume / afford goods and services produced within their economy. A strong GDP is a sign of a robust economy which should be checked for inflation - rising interest rates - while a weak GDP could be interpreted to indicate a recession meaning interest rates are likely to head south.

 

ISM Manufacturing Survey

This survey gauges the mood and sentiments of companies’ top brass, decision and policy makers towards inflation. The centerpiece of this survey is their take on business outlook - new business, production capacities, backlogs, inventory levels and manpower issues. A 50 points scale is used to interpret the findings with value 50 indicating expansion, while values below 50 are a sign of recession

Economic Calendar 01 March - 05 March

DATE	TIME	CRNCY	EVENT	ACTUAL	FORECAST	PREVIOUS
Mon	10:00	EUR	EUR Euro-Zone Unemployment Rate (JAN)	9.90%	10.10%	9.9% (R-)
1-Mar
	13:30	CAD	CAD Quarterly Gross Domestic Product Annualized (4Q)	5.00%	4.20%	0.9% (R+)
	23:30	JPY	JPY Jobless Rate (JAN)	4.90%	5.10%	5.10%
Tue	3:30	AUD	AUD Reserve Bank of Australia Interest Rate Decision	4.00%	4.00%	3.75%
2-Mar
	6:45	CHF	CHF Gross Domestic Product (QoQ) (4Q)	0.70%	0.40%	0.5% (R+)
	6:45	CHF	CHF Gross Domestic Product (YoY) (4Q)	0.60%	-0.50%	-1.30%
	14:00	CAD	CAD Bank of Canada Interest Rate Decision	0.25%	0.25%	0.25%
Wed	0:30	AUD	AUD Gross Domestic Product (QoQ) (4Q)	0.90%	0.90%	0.3%(R+)
3-Mar
	0:30	AUD	AUD Gross Domestic Product (YoY) (4Q)	2.70%	2.40%	0.9%(R+)
	23:50	JPY	JPY Capital Spending (4Q)	-17.30%	-18.40%	-24.80%
Thu	10:00	EUR	EUR Euro-Zone Gross Domestic Product s.a. (QoQ) (4Q P)	0.10%	0.10%	0.10%
4-Mar
	10:00	EUR	EUR Euro-Zone Gross Domestic Product s.a. (YoY) (4Q P)	-2.10%	-2.10%	-2.10%
	12:00	GBP	GBP Bank of England Interest Rate Decision	0.50%	0.50%	0.50%
	12:45	EUR	EUR European Central Bank Interest Rate Decision	1.00%	1.00%	1.00%
	13:30	EUR	EUR Press Conference with ECB President Jean Claude Trichet
Fri	13:30	USD	USD Change in Non-Farm Payrolls (FEB)		-65K	-20K
5-Mar
	13:30	USD	USD Unemployment Rate (FEB)

Interest Rate Decisions

Interest rates decisions news flashes provide guidelines for the overnight lending rate which are bound to have an effect on businesses and consumers alike. An upward surge in the cost of living - inflation and a runaway economy is slowed by hiking the interest rates. Lowering interest rates rejuvenates an economy from the doldrums by enabling consumers to get easy credit thus increasing consumption. Currencies strengthen when interest rates move north and weaken when the rates move southwards.

 

 Change in Employment

Change in employment index compares the employment to the unemployment rates in a certain economy. The index which is calculated by economist is used to predict future spending and consumption pertains which are likely to occur due to change of one of the parameters. An economy can either grow or contract depending on which of the two parameters changes.

 

Consumer Price Index (CPI)

CPI is one of the most reliable parameters used to gauge the extent of inflation on the economy. Every household spends money on some basic commodities and utilities, these items are collectively referred to as “the consumer basket”. By monitoring the changes in price of the consumer basket, economists are able to predict the interest trends. This is largely due to the fact that central bank will more often than not act to tame inflation by raising interest rates and vice versa. The adjustments of interest rates to keep consumer basket within the majorities reach will affect the underlying currency either strengthening or weakening it.

 

Retail Sales

Retails sales are good pointers of the state of the economy. When the economy is strong and growing, retails sales escalate and consumer are more willing to spend money on luxury goods. Conversely, a shrinking economy is characterized by a reduction in retail sales and cautious spending by consumers.

 

Trade Balance

This is simply the difference between total exports and total exports between two or more trading nations. Multinational trade involves the export and import of goods and services between nations. When one country exports more than it imports the net effect is a trade surplus. The reverse of this is known as trade deficit. Great emphasis is placed on Trade Balance Report as it shows the movement of goods and services between nations. Countries with trade surplus usually have stronger economies as there have more money in than what there are spending.

 

Gross Domestic Product – GDP

GDP is derived at by measuring the consumers’ ability to consume / afford goods and services produced within their economy. A strong GDP is a sign of a robust economy which should be checked for inflation - rising interest rates - while a weak GDP could be interpreted to indicate a recession meaning interest rates are likely to head south.

 

ISM Manufacturing Survey

This survey gauges the mood and sentiments of companies’ top brass, decision and policy makers towards inflation. The centerpiece of this survey is their take on business outlook - new business, production capacities, backlogs, inventory levels and manpower issues. A 50 points scale is used to interpret the findings with value 50 indicating expansion, while values below 50 are a sign of recession

Economic Calendar 22 February - 26 February

DATE	TIME	CRNCY	EVENT	ACTUAL	FORECAST	PREVIOUS
Tue	7:45	EUR	EUR French Consumer Price Index (MoM) (JAN)		-0.30%	0.30%
23-Feb
	7:45	EUR	EUR French Consumer Price Index (YoY) (JAN)		1.10%	0.90%
	15:00	USD	USD Consumer Confidence (FEB)		54.8	55.9
Wed	2:00	NZD	NZD Reserve Bank of New Zealand 2-Year Inflation Expectation (1Q)			2.60%
24-Feb
	7:00	EUR	EUR German Gross Domestic Product s.a. (QoQ) (4Q F)		0.00%	0.00%
	7:00	EUR	EUR German Gross Domestic Product w.d.a. (YoY) (4Q F)		-2.40%	-2.40%
	7:00	EUR	EUR German Gross Domestic Product n.s.a. (YoY) (4Q F)		-1.70%	-1.70%
Thu	8:55	EUR	EUR German Unemployment Change (FEB)		16K	6K
25-Feb
	8:55	EUR	EUR German Unemployment Rate s.a. (FEB)		8.20%	8.20%
	13:30	USD	USD Durable Goods Orders (JAN)		1.40%	0.30%
	13:30	USD	USD Durables Ex Transportation (JAN)		1.10%	1.4% (R+)
	23:30	JPY	JPY Tokyo Consumer Price Index (YoY) (FEB)		-2.00%	-2.10%
	23:30	JPY	JPY National Consumer Price Index (YoY) (JAN)		-1.40%	-1.70%
Fri	9:30	GBP	GBP Gross Domestic Product (QoQ) (4Q P)		0.20%	0.10%
26-Feb
	9:30	GBP	GBP Gross Domestic Product (YoY) (4Q P)		-3.10%	-3.20%
	12:00	EUR	EUR German Consumer Price Index (YoY) (FEB P)		0.70%	0.80%
	12:00	EUR	EUR German Consumer Price Index - EU Harmonised (YoY) (FEB P)		0.60%	0.80%
	13:30	USD	USD Gross Domestic Product (Annualized) (4Q S)		5.70%	5.70%
	13:30	USD	USD Gross Domestic Product Price Index (4Q S)		0.60%	0.60%

Interest Rate Decisions

Interest rates decisions news flashes provide guidelines for the overnight lending rate which are bound to have an effect on businesses and consumers alike. An upward surge in the cost of living - inflation and a runaway economy is slowed by hiking the interest rates. Lowering interest rates rejuvenates an economy from the doldrums by enabling consumers to get easy credit thus increasing consumption. Currencies strengthen when interest rates move north and weaken when the rates move southwards.

 

 Change in Employment

Change in employment index compares the employment to the unemployment rates in a certain economy. The index which is calculated by economist is used to predict future spending and consumption pertains which are likely to occur due to change of one of the parameters. An economy can either grow or contract depending on which of the two parameters changes.

 

Consumer Price Index (CPI)

CPI is one of the most reliable parameters used to gauge the extent of inflation on the economy. Every household spends money on some basic commodities and utilities, these items are collectively referred to as “the consumer basket”. By monitoring the changes in price of the consumer basket, economists are able to predict the interest trends. This is largely due to the fact that central bank will more often than not act to tame inflation by raising interest rates and vice versa. The adjustments of interest rates to keep consumer basket within the majorities reach will affect the underlying currency either strengthening or weakening it.

 

Retail Sales

Retails sales are good pointers of the state of the economy. When the economy is strong and growing, retails sales escalate and consumer are more willing to spend money on luxury goods. Conversely, a shrinking economy is characterized by a reduction in retail sales and cautious spending by consumers.

 

Trade Balance

This is simply the difference between total exports and total exports between two or more trading nations. Multinational trade involves the export and import of goods and services between nations. When one country exports more than it imports the net effect is a trade surplus. The reverse of this is known as trade deficit. Great emphasis is placed on Trade Balance Report as it shows the movement of goods and services between nations. Countries with trade surplus usually have stronger economies as there have more money in than what there are spending.

 

Gross Domestic Product – GDP

GDP is derived at by measuring the consumers’ ability to consume / afford goods and services produced within their economy. A strong GDP is a sign of a robust economy which should be checked for inflation - rising interest rates - while a weak GDP could be interpreted to indicate a recession meaning interest rates are likely to head south.

 

ISM Manufacturing Survey

This survey gauges the mood and sentiments of companies’ top brass, decision and policy makers towards inflation. The centerpiece of this survey is their take on business outlook - new business, production capacities, backlogs, inventory levels and manpower issues. A 50 points scale is used to interpret the findings with value 50 indicating expansion, while values below 50 are a sign of recession

Economic Calendar 15 February - 19 February

DATE	TIME	CRNCY	EVENT	ACTUAL	FORECAST	PREVIOUS
Sun	23:50	JPY	JPY Gross Domestic Product (QoQ) (4Q P)	1.10%	0.90%	0.0% (R-)
14-Feb
	23:50	JPY	JPY Gross Domestic Product Annualized (4Q P)	4.60%	3.50%	0.0% (R-)
	23:50	JPY	JPY Nominal Gross Domestic Product (QoQ) (4Q P)	0.20%	1.00%	-0.5% (R+)
Mon		USD	USD US Markets Closed for Presidents Day
15-Feb
		CAD	CAD Canadian Markets Closed for Family Day
		CHF	CHF Swiss Markets Closed for Carnival
Tue		CHF	CHF Swiss Markets Closed for Carnival
16-Feb
Wed		CHF	CHF Swiss Markets Closed for Carnival
17-Feb
	9:30	GBP	GBP Bank of England Meeting Minutes
	9:30	GBP	GBP Jobless Claims Change (JAN)		-10.0K	-15.2K
	19:00	USD	USD Federal Open Market Committee Meeting Minutes
Thu		CHF	CHF Swiss Markets Closed for Carnival
18-Feb
	2:00	JPY	JPY Bank of Japan Interest Rate Decision			0.10%
Fri		CHF	CHF Swiss Markets Closed for Carnival
19-Feb
	13:30	CAD	CAD Retail Sales (MoM) (DEC)			-0.30%

 

Interest Rate Decisions

Interest rates decisions news flashes provide guidelines for the overnight lending rate which are bound to have an effect on businesses and consumers alike. An upward surge in the cost of living - inflation and a runaway economy is slowed by hiking the interest rates. Lowering interest rates rejuvenates an economy from the doldrums by enabling consumers to get easy credit thus increasing consumption. Currencies strengthen when interest rates move north and weaken when the rates move southwards.

 

 Change in Employment

Change in employment index compares the employment to the unemployment rates in a certain economy. The index which is calculated by economist is used to predict future spending and consumption pertains which are likely to occur due to change of one of the parameters. An economy can either grow or contract depending on which of the two parameters changes.

 

Consumer Price Index (CPI)

CPI is one of the most reliable parameters used to gauge the extent of inflation on the economy. Every household spends money on some basic commodities and utilities, these items are collectively referred to as “the consumer basket”. By monitoring the changes in price of the consumer basket, economists are able to predict the interest trends. This is largely due to the fact that central bank will more often than not act to tame inflation by raising interest rates and vice versa. The adjustments of interest rates to keep consumer basket within the majorities reach will affect the underlying currency either strengthening or weakening it.

 

Retail Sales

Retails sales are good pointers of the state of the economy. When the economy is strong and growing, retails sales escalate and consumer are more willing to spend money on luxury goods. Conversely, a shrinking economy is characterized by a reduction in retail sales and cautious spending by consumers.

 

Trade Balance

This is simply the difference between total exports and total exports between two or more trading nations. Multinational trade involves the export and import of goods and services between nations. When one country exports more than it imports the net effect is a trade surplus. The reverse of this is known as trade deficit. Great emphasis is placed on Trade Balance Report as it shows the movement of goods and services between nations. Countries with trade surplus usually have stronger economies as there have more money in than what there are spending.

 

Gross Domestic Product – GDP

GDP is derived at by measuring the consumers’ ability to consume / afford goods and services produced within their economy. A strong GDP is a sign of a robust economy which should be checked for inflation - rising interest rates - while a weak GDP could be interpreted to indicate a recession meaning interest rates are likely to head south.

 

ISM Manufacturing Survey

This survey gauges the mood and sentiments of companies’ top brass, decision and policy makers towards inflation. The centerpiece of this survey is their take on business outlook - new business, production capacities, backlogs, inventory levels and manpower issues. A 50 points scale is used to interpret the findings with value 50 indicating expansion, while values below 50 are a sign of recession

Economic Calendar 08 February - 12 February

DATE	TIME	CRNCY	EVENT	ACTUAL	FORECAST	PREVIOUS
Wed		GBP	GBP NIESR Gross Domestic Product Estimate (JAN)			0.30%
10-Feb
	10:30	GBP	GBP Bank of England Quarterly Inflation Report
Thu	0:30	AUD	AUD Employment Change (JAN)		15.0K	35.2K
11-Feb
	0:30	AUD	AUD Unemployment Rate (JAN)		5.60%	5.50%