DateTime
stringdate
2007-01-01 04:30:00+0330
2025-04-07 21:30:00+0330
Currency
stringclasses
10 values
Impact
stringclasses
4 values
Event
stringclasses
593 values
Actual
stringlengths
1
9
Forecast
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1
8
Previous
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1
9
Detail
stringlengths
106
1.37k
2025-01-08T23:30:00+03:30
USD
Low Impact Expected
Consumer Credit m/m
-7.5B
10.3B
17.3B
Source: Federal Reserve (latest release) | Measures: Change in the total value of outstanding consumer credit that requires installment payments; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 7, 2025 | Why Traders Care: It's correlated with consumer spending and confidence - rising debt levels are a sign that lenders feel comfortable issuing loans, and that consumers are confident in their financial position and eager to spend money;
2025-01-09T00:00:00+03:30
USD
Low Impact Expected
FOMC Member Harker Speaks
null
null
null
Description: Due to speak about the economic outlook at the National Association of Corporate Directors New Jersey Chapter. Audience questions expected; | Source: Federal Reserve Bank of Philadelphia (latest release) | Speaker: Federal Reserve Bank of Philadelphia President Patrick Harker; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Feb 17, 2025 | FF Notes: FOMC voting member 2017, 2020, and 2023; | Why Traders Care: 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; | Acro Expand: Federal Open Market Committee (FOMC);
2025-01-09T00:00:00+03:30
EUR
Low Impact Expected
German Trade Balance
19.7B
14.7B
13.4B
Source: Destatis (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 7, 2025 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: Foreign Trade;
2025-01-09T00:00:00+03:30
CNY
Medium Impact Expected
PPI y/y
-2.3%
-2.4%
-2.5%
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the price of goods purchased and sold by producers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually about 10 days after the month ends; | Next Release: Feb 9, 2025 | Why Traders Care: It's a leading indicator of consumer inflation - when producers pay and charge more for goods the higher costs are usually passed on to the consumer; | Acro Expand: Producer Price Index (PPI);
2025-01-09T00:00:00+03:30
AUD
Low Impact Expected
Goods Trade Balance
7.08B
5.62B
5.67B
Source: Australian Bureau of Statistics (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 6, 2025 | FF Notes: Source changed series from balance in goods and services to balance in goods as of Nov 2023. A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: International Trade in Goods;
2025-01-09T03:00:00+03:30
JPY
Low Impact Expected
Average Cash Earnings y/y
3.0%
2.7%
2.2%
Source: Ministry of Health, Labour and Welfare (latest release) | Measures: Change in the total value of employment income collected by workers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 5, 2025 | Why Traders Care: Income is correlated with spending - the more disposable income consumers have, the more likely they are to increase spending; | Also Called: Labor Cash Earnings, Total Cash Earnings;
2025-01-09T03:31:00+03:30
GBP
Low Impact Expected
BRC Shop Price Index y/y
-1.0%
null
-0.6%
Source: British Retail Consortium (latest release) | Measures: Change in the price of goods purchased at BRC-member retail stores; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the last Wednesday of the current month; | Next Release: Jan 28, 2025 | FF Notes: Leads the government-released consumer inflation data by about 10 days, but has a narrower scope as it only includes goods purchased from retailers who belong to the BRC. This data is usually released 1 day before the Bank of England interest rate decision. Full reports are only available to BRC subscribers; | Acro Expand: British Retail Consortium (BRC);
2025-01-09T04:00:00+03:30
AUD
Medium Impact Expected
Retail Sales m/m
0.8%
1.0%
0.5%
Source: Australian Bureau of Statistics (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 3, 2025 | FF Notes: This is the earliest look at vital consumer spending data. There are 2 versions of this report released about two weeks apart - Prelim and Final. The Final is not reported for lack of significance; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2025-01-09T05:00:00+03:30
CNY
Medium Impact Expected
CPI y/y
0.1%
0.1%
0.2%
Source: National Bureau of Statistics of China (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually about 10 days after the month ends; | Next Release: Feb 9, 2025 | Why Traders Care: Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to respond by raising interest rates; | Derived Via: The average price of various goods and services are sampled and then compared to the sampling done a year earlier; | Acro Expand: Consumer Price Index (CPI);
2025-01-09T07:05:00+03:30
JPY
Low Impact Expected
30-y Bond Auction
2.30|3.7
null
2.29|3.5
Source: Ministry of Finance (latest release) | Measures: Average yield on a 30-year bond the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Variable, about 8 times per year; | Next Release: Feb 6, 2025 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted); | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: JGB Auction; | Acro Expand: Japanese Government Bond (JGB);
2025-01-09T10:30:00+03:30
EUR
Low Impact Expected
German Industrial Production m/m
1.5%
0.5%
-0.4%
Source: Destatis (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 7, 2025 | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Industrial Output;
2025-01-09T11:30:00+03:30
CHF
Low Impact Expected
Foreign Currency Reserves
731B
null
725B
FF Notice: Initial release time was shifted 48 hours later due to source rescheduling; | Source: Swiss National Bank (latest release) | Measures: Total value of foreign currency reserves held by the SNB; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, on the fifth business day after the month ends; | Next Release: Feb 7, 2025 | Why Traders Care: It provides insight into the SNB's currency market operations, such as how actively they are defending the franc's exchange rate against the euro; | Acro Expand: Swiss National Bank (SNB);
2025-01-09T12:30:00+03:30
EUR
Low Impact Expected
ECB Economic Bulletin
null
null
null
Source: European Central Bank (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: 8 times per year, 2 weeks after the Main Refinancing Rate is announced; | Next Release: Feb 13, 2025 | FF Notes: Tends to have a muted impact because some parts of the bulletin are released early. Source first released in Feb 2015; | Why Traders Care: It reveals the statistical data that the ECB Governing Board evaluated when making the latest interest rate decision, and provides detailed analysis of current and future economic conditions from the bank's viewpoint; | Acro Expand: European Central Bank (ECB);
2025-01-09T13:29:00+03:30
EUR
Low Impact Expected
French 10-y Bond Auction
3.40|2.0
null
3.24|2.0
Source: French Treasury Agency (latest release) | Measures: Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Variable, about 11 times per year; | Next Release: Feb 6, 2025 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted). Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: OATs Auction; | Acro Expand: Obligations Assimilables du Trésor (OAT);
2025-01-09T13:30:00+03:30
EUR
Low Impact Expected
Retail Sales m/m
0.1%
0.3%
-0.3%
Source: Eurostat (latest release) | Measures: Change in the total value of inflation-adjusted sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 6, 2025 | FF Notes: Tends to have a relatively muted impact because Germany and France, which account for about half of the Eurozone's economy, release earlier consumer spending data; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2025-01-09T16:00:00+03:30
USD
Low Impact Expected
Challenger Job Cuts y/y
11.4%
null
26.8%
Source: Challenger, Gray & Christmas, Inc. (latest release) | Measures: Change in the number of job cuts announced by employers; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the first Thursday after the month ends; | Next Release: Feb 6, 2025 | FF Notes: It's extremely early data, but historically has limited short-term correlation with overall labor conditions; | Also Called: Job Cut Announcements;
2025-01-09T17:30:00+03:30
USD
Low Impact Expected
FOMC Member Collins Speaks
null
null
null
FF Notice: For historical accuracy, this event was added to the calendar after its release time; | Description: Due to speak about the economic outlook at the Commercial Real Estate Development Association, in Boston. Audience questions expected; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Bank of Boston President Susan Collins; | Usual Effect: More hawkish than expected is good for currency; | FF Notes: FOMC voting member 2022 and 2025; | Why Traders Care: 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; | Acro Expand: Federal Open Market Committee (FOMC);
2025-01-09T19:30:00+03:30
GBP
Low Impact Expected
MPC Member Breeden Speaks
null
null
null
Description: Due to speak about the UK economy at the University of Edinburgh; | Source: Bank of England (latest release) | Speaker: BOE Deputy Governor Sarah Breeden; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 14, 2025 | FF Notes: MPC voting member Nov 2023 - Oct 2028; | Why Traders Care: BOE MPC 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; | Acro Expand: Bank of England (BOE), Monetary Policy Committee (MPC);
2025-01-09T21:15:00+03:30
USD
Low Impact Expected
FOMC Member Barkin Speaks
null
null
null
Description: Due to speak about the economic outlook at an event hosted by the Virginia Bankers Association and Virginia Chamber of Commerce. Audience questions expected; | Source: Federal Reserve Bank of Richmond (latest release) | Speaker: Federal Reserve Bank of Richmond President Thomas Barkin; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 15, 2025 | FF Notes: FOMC voting member 2018, 2021, and 2024; | Why Traders Care: 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; | Acro Expand: Federal Open Market Committee (FOMC);
2025-01-09T22:00:00+03:30
USD
Low Impact Expected
FOMC Member Schmid Speaks
null
null
null
Description: Due to speak at the Economic Club of Kansas City; | Source: Federal Reserve Bank of Kansas City (latest release) | Speaker: Federal Reserve Bank of Kansas City President Jeffrey Schmid; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 14, 2025 | FF Notes: FOMC voting member 2025; | Why Traders Care: 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; | Acro Expand: Federal Open Market Committee (FOMC);
2025-01-09T22:05:00+03:30
USD
Low Impact Expected
FOMC Member Bowman Speaks
null
null
null
Description: Due to speak at the California Bankers Association Bank Presidents Seminar, in Laguna Beach. Audience questions expected; | Source: Federal Reserve (latest release) | Speaker: Federal Reserve Governor Michelle Bowman; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 31, 2025 | FF Notes: FOMC voting member Nov 2018 - Jan 2034; | Why Traders Care: 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; | Acro Expand: Federal Open Market Committee (FOMC);
2025-01-10T00:00:00+03:30
USD
Medium Impact Expected
Prelim UoM Inflation Expectations
3.3%
null
2.8%
Source: University of Michigan (latest release) | Measures: Percentage that consumers expect the price of goods and services to change during the next 12 months; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the middle of the current month; | Next Release: Feb 7, 2025 | FF Notes: There are 2 versions of this data released 14 days apart – Preliminary and Revised. The Preliminary release is the earlier and thus tends to have the most impact; | Why Traders Care: Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise; | Derived Via: Survey of about 420 consumers which asks respondents where they expect prices to be 12 months in the future; | Acro Expand: University of Michigan (UoM);
2025-01-10T00:00:00+03:30
USD
High Impact Expected
Unemployment Rate
4.1%
4.2%
4.2%
Source: Bureau of Labor Statistics (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the first Friday after the month ends; | Next Release: Feb 7, 2025 | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy; | Also Called: Jobless Rate;
2025-01-10T00:00:00+03:30
USD
High Impact Expected
Non-Farm Employment Change
256K
164K
212K
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the number of employed people during the previous month, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the first Friday after the month ends; | Next Release: Feb 7, 2025 | FF Notes: This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Also Called: Non-Farm Payrolls, NFP, Employment Change;
2025-01-10T00:00:00+03:30
USD
High Impact Expected
Average Hourly Earnings m/m
0.3%
0.3%
0.4%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price businesses pay for labor, excluding the farming industry; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the first Friday after the month ends; | Next Release: Feb 7, 2025 | FF Notes: This is the earliest data related to labor inflation. Source changed series calculation formula as of Feb 2010; | Why Traders Care: It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer;
2025-01-10T00:00:00+03:30
CAD
Low Impact Expected
Building Permits m/m
-5.9%
1.3%
-4.1%
Source: Statistics Canada (latest release) | Measures: Change in the total value of new building permits issued; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 11, 2025 | Why Traders Care: It's an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building;
2025-01-10T00:00:00+03:30
CAD
High Impact Expected
Unemployment Rate
6.7%
6.9%
6.8%
Source: Statistics Canada (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 8 days after the month ends; | Next Release: Feb 7, 2025 | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions; | Also Called: Jobless Rate;
2025-01-10T00:00:00+03:30
EUR
Low Impact Expected
French Industrial Production m/m
0.2%
-0.1%
-0.3%
Source: INSEE (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 5, 2025 | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Industrial Output;
2025-01-10T03:00:00+03:30
JPY
Low Impact Expected
Household Spending y/y
-0.4%
-0.8%
-1.3%
Source: Statistics Bureau (latest release) | Measures: Change in the inflation-adjusted value of all expenditures by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 7, 2025 | Why Traders Care: Consumer spending accounts for a majority of overall economic activity. It's one of the most important gauges of economic health due to the vast ripple effect consumer buying creates in the economy;
2025-01-10T08:30:00+03:30
JPY
Low Impact Expected
Leading Indicators
107.0%
107.2%
109.1%
Source: Cabinet Office (latest release) | Measures: Level of a composite index based on 11 economic indicators; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 7, 2025 | FF Notes: This index is designed to predict the direction of the economy, but it tends to have a muted impact because most of the indicators used in the calculation are released previously. There's a revised version of this indicator released about 20 days later, but it's not included for lack of significance. Source changed series from a diffusion index to a composite index as of Jun 2008 and changed series calculation formula as of Jul 2023; | Derived Via: Combined reading of 11 economic indicators related to employment, production, new orders, consumer confidence, housing, stock prices, money supply, and interest rate spreads;
2025-01-10T10:15:00+03:30
CHF
Low Impact Expected
Unemployment Rate
2.6%
2.7%
2.6%
Source: SECO (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 9 days after the month ends; | Next Release: Feb 6, 2025 | FF Notes: This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies; | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions; | Also Called: Jobless Rate;
2025-01-10T11:15:00+03:30
EUR
Low Impact Expected
French Consumer Spending m/m
0.3%
0.1%
-0.3%
Source: INSEE (latest release) | Measures: Change in the inflation-adjusted value of all goods expenditures by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 27 days after the month ends; | Next Release: Jan 30, 2025 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2025-01-10T12:30:00+03:30
EUR
Low Impact Expected
Italian Retail Sales m/m
-0.4%
0.2%
-0.5%
Source: Istat (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 35 days after the month ends; | Next Release: Feb 5, 2025 | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
2025-01-10T17:00:00+03:30
CAD
High Impact Expected
Employment Change
90.9K
24.9K
50.5K
Source: Statistics Canada (latest release) | Measures: Change in the number of employed people during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 8 days after the month ends; | Next Release: Feb 7, 2025 | FF Notes: This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts; | Why Traders Care: Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;
2025-01-10T18:30:00+03:30
USD
Medium Impact Expected
Prelim UoM Consumer Sentiment
73.2
74.0
74.0
Source: University of Michigan (latest release) | Measures: Level of a composite index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the middle of the current month; | Next Release: Feb 7, 2025 | FF Notes: There are 2 versions of this data released 14 days apart – Preliminary and Revised. The Preliminary release is the earlier and thus tends to have the most impact; | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 420 consumers which asks respondents to rate the relative level of current and future economic conditions; | Acro Expand: University of Michigan (UoM);
2025-01-10T18:35:00+03:30
USD
Low Impact Expected
FOMC Member Goolsbee Speaks
null
null
null
FF Notice: For historical accuracy, this event was added to the calendar after its release time; | Description: Due to speak in an interview conducted by CNBC; | Source: Federal Reserve Bank of Chicago (latest release) | Speaker: Federal Reserve Bank of Chicago President Austan Goolsbee; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 15, 2025 | FF Notes: FOMC voting member 2023 and 2025; | Why Traders Care: 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; | Acro Expand: Federal Open Market Committee (FOMC);
2025-01-13T01:15:00+03:30
NZD
Low Impact Expected
Building Consents m/m
5.3%
null
-5.2%
Source: Statistics New Zealand (latest release) | Measures: Change in the number of new building approvals issued; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Feb 4, 2025 | Why Traders Care: It's a leading gauge of future construction activity because obtaining government approval is among the first steps in constructing a new building. Construction is important because it produces a wide-reaching ripple effect - for example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder; | Also Called: Building Permits;
2025-01-13T03:30:00+03:30
AUD
Low Impact Expected
MI Inflation Gauge m/m
0.6%
null
0.2%
Source: Melbourne Institute (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the first Monday after the month ends; | Next Release: Feb 3, 2025 | FF Notes: This data provides a monthly look at consumer inflation and is designed to mimic the quarterly government-released CPI data. Full reports are only available to Melbourne Institute subscribers; | Acro Expand: Melbourne Institute (MI), Consumer Price Index (CPI);
2025-01-13T04:00:00+03:30
AUD
Low Impact Expected
ANZ Job Advertisements m/m
0.3%
null
-1.8%
Source: ANZ (latest release) | Measures: Change in the number of jobs advertised in the major daily newspapers and websites covering the capital cities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually the first Monday after the month ends; | Next Release: Feb 3, 2025 | FF Notes: This data tends to have more impact when it's released ahead of the government employment data rather than after; | Acro Expand: Australia and New Zealand Banking Group (ANZ);
2025-01-13T06:32:00+03:30
CNY
Low Impact Expected
Trade Balance
753B
730B
693B
Source: CGAC (latest release) | Measures: Difference in value between imported and exported goods during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 10 days after the month ends; | Next Release: Mar 7, 2025 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released. A positive number indicates that more goods were exported than imported. Source first reported this Yuan-denominated data in Feb 2015; | Why Traders Care: Export demand and currency demand are directly linked because foreigners usually buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Acro Expand: Customs General Administration of China (CGAC);
2025-01-13T06:33:00+03:30
CNY
Low Impact Expected
USD-Denominated Trade Balance
104.8B
100.0B
97.4B
Source: CGAC | Measures: Trade Balance in US Dollars terms; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding Feb, about 10 days after the month ends; | Next Release: Mar 7, 2025 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released. Tends to have a muted impact because similar insights are included with the Yuan-denominated Trade Balance, released about an hour earlier; | Acro Expand: Customs General Administration of China (CGAC);
2025-01-13T11:30:00+03:30
CHF
Low Impact Expected
SECO Consumer Climate
-30
-38
-37
Source: SECO (latest release) | Measures: Level of a composite index based on surveyed households; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, excluding January, about 10 days after the month ends; | Next Release: Feb 7, 2025 | FF Notes: Above 0.0 indicates optimism, below indicates pessimism. Source changed series calculation formula as of Nov 09. Source changed release frequency from quarterly to monthly as of Feb 2024; | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 2,800 households which asks respondents to rate the relative level of past and future economic conditions; | Acro Expand: State Secretariat for Economic Affairs (SECO);
2025-01-13T23:59:59+03:30
JPY
Non-Economic
Bank Holiday
null
null
null
Description: Japanese banks will be closed in observance of Coming-of-Age Day; | Usual Effect: Low liquidity and irregular volatility; | Next Release: Feb 11, 2025 | FF Notes: Most Forex brokers remain open for every holiday except Christmas and New Year's Day. Stock markets and banks have slightly different holiday schedules; | Why Traders Care: Banks facilitate the majority of foreign exchange volume. When they are closed the market is less liquid and speculators become a more dominant market influence. This can lead to both abnormally low and abnormally high volatility;
2025-01-14T00:00:00+03:30
USD
High Impact Expected
PPI m/m
0.2%
0.4%
0.4%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of finished goods and services sold by producers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Feb 13, 2025 | FF Notes: Source changed series calculation formula as of Feb 2014; | Why Traders Care: It's a leading indicator of consumer inflation - when producers charge more for goods and services the higher costs are usually passed on to the consumer; | Also Called: Finished Goods PPI, Wholesale Prices, PPI for Final Demand; | Acro Expand: Producer Price Index (PPI);
2025-01-14T00:00:00+03:30
JPY
Low Impact Expected
Current Account
3.03T
2.59T
2.41T
Source: Ministry of Finance (latest release) | Measures: Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 10, 2025 | FF Notes: The goods portion has no impact because it's a duplicate of the Trade Balance data released about 20 days earlier; | Why Traders Care: It's directly linked to currency demand - a rising surplus indicates that foreigners are buying more of the domestic currency to execute transactions in the country; | Also Called: Adjusted Current Account;
2025-01-14T00:30:00+03:30
NZD
Low Impact Expected
NZIER Business Confidence
16
null
-1
FF Notice: Data reported 23 hours later than released by source. We regret the error; | Source: NZIER (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers, builders, wholesalers, retailers, and service providers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released quarterly, on the first or second Tuesday after the quarter ends; | Next Release: Apr 8, 2025 | FF Notes: Above 0 indicates optimism, below indicates pessimism. Source changed series from seasonally adjusted to non-seasonally adjusted as of Jul 2003. Report is only available to NZIER members; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 4,300 businesses which asks respondents to rate the relative 6-month economic outlook; | Also Called: Survey of Business Opinion; | Acro Expand: New Zealand Institute of Economic Research (NZIER);
2025-01-14T03:00:00+03:30
AUD
Low Impact Expected
Westpac Consumer Sentiment
-0.7%
null
-2.0%
Source: Westpac Banking Corporation (latest release) | Measures: Change in the level of a diffusion index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the second Tuesday of the current month; | Next Release: Feb 11, 2025 | FF Notes: The impact tends to be mild but varies from month to month due to volatility in the data set; | Why Traders Care: Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; | Derived Via: Survey of about 1,200 consumers which asks respondents to rate the relative level of past and future economic conditions, employment, and climate for major purchases; | Also Called: Westpac-Melbourne Institute Consumer Sentiment;
2025-01-14T03:20:00+03:30
JPY
Low Impact Expected
Bank Lending y/y
3.1%
3.1%
2.9%
Source: Bank of Japan (latest release) | Measures: Change in the total value of outstanding bank loans issued to consumers and businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 9 days after the month ends; | Next Release: Feb 10, 2025 | Why Traders Care: Borrowing and spending are positively correlated - consumers and businesses tend to seek credit when they are confident in their future financial position and feel comfortable spending money;
2025-01-14T08:30:00+03:30
JPY
Low Impact Expected
Economy Watchers Sentiment
49.9
49.4
49.4
Source: Cabinet Office (latest release) | Measures: Level of a diffusion index based on surveyed workers who directly observe consumer spending by virtue of their job; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 9 days after the month ends; | Next Release: Feb 10, 2025 | FF Notes: Above 50.0 indicates optimism, below indicates pessimism; | Derived Via: Survey of about 2,050 workers which asks respondents to rate the relative level of current economic conditions; | Also Called: Eco Watchers Current Index;
2025-01-14T10:35:00+03:30
CNY
Low Impact Expected
M2 Money Supply y/y
7.3%
7.3%
7.1%
Source: People's Bank of China (latest release) | Measures: Change in the total quantity of domestic currency in circulation and deposited in banks; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Feb 14, 2025 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released; | Why Traders Care: It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation; | Also Called: Broad Money;
2025-01-14T10:39:00+03:30
CNY
Medium Impact Expected
New Loans
990B
890B
580B
Source: People's Bank of China (latest release) | Measures: Value of new yuan-denominated loans issued to consumers and businesses during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Feb 14, 2025 | FF Notes: Source does not have a reliable release schedule - this event will be listed with a date range or as 'Tentative' until the data is released; | Why Traders Care: Borrowing and spending are positively correlated - consumers and businesses tend to seek credit when they are confident in their future financial position and feel comfortable spending money; | Also Called: New Yuan Loans;
2025-01-14T11:15:00+03:30
EUR
Low Impact Expected
French Gov Budget Balance
-172.5B
null
-157.4B
Source: French Treasury Agency (latest release) | Measures: Difference in value between the central government's income and spending for the year-to-date; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 30 days after the month ends; | Next Release: Feb 4, 2025 | FF Notes: A positive number indicates a budget surplus, a negative number indicates a deficit. Due to the year-to-date format, the data released in Feb covers the entire preceding year's budget, while the Mar release only covers the first month of the current year; | Also Called: General Budget Outcome;
2025-01-14T12:00:00+03:30
GBP
Low Impact Expected
MPC Member Breeden Speaks
null
null
null
Description: Due to speak at the Financial Stability Law Forum, in Zurich; | Source: Bank of England (latest release) | Speaker: BOE Deputy Governor Sarah Breeden; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Apr 10, 2025 | FF Notes: MPC voting member Nov 2023 - Oct 2028; | Why Traders Care: BOE MPC 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; | Acro Expand: Bank of England (BOE), Monetary Policy Committee (MPC);
2025-01-14T12:30:00+03:30
EUR
Low Impact Expected
Italian Industrial Production m/m
0.3%
0.0%
0.1%
Source: Istat (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 12, 2025 | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Industrial Output;
2025-01-14T14:30:00+03:30
USD
Low Impact Expected
NFIB Small Business Index
105.1
101.3
101.7
Source: NFIB (latest release) | Measures: Level of a composite index based on surveyed small businesses; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the second Tuesday after the month ends; | Next Release: Feb 11, 2025 | FF Notes: Small Businesses are defined as an independent for-profit enterprise that employ between 1 and 250 people, not including the owners; | Derived Via: Survey of small businesses which asks respondents to rate the relative level of economic conditions including labor markets, inventories and sales, capital spending, inflation, earnings and wages, and credit markets; | Acro Expand: National Federation of Independent Business (NFIB);
2025-01-14T17:00:00+03:30
USD
High Impact Expected
Core PPI m/m
0.0%
0.2%
0.2%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of finished goods and services sold by producers, excluding food and energy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Feb 13, 2025 | FF Notes: Source changed series calculation formula as of Feb 2014. Food and energy prices make up about 40% of overall PPI which tends to mute the importance of the Core data; | Also Called: Core Finished Goods PPI, Core PPI for Final Demand; | Acro Expand: Producer Price Index (PPI);
2025-01-14T18:30:00+03:30
USD
Low Impact Expected
FOMC Member Schmid Speaks
null
null
null
Description: Due to speak about the economic outlook at the Central Exchange at the Kansas City Federal Reserve Bank. Audience questions expected; | Source: Federal Reserve Bank of Kansas City (latest release) | Speaker: Federal Reserve Bank of Kansas City President Jeffrey Schmid; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Feb 27, 2025 | FF Notes: FOMC voting member 2025; | Why Traders Care: 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; | Acro Expand: Federal Open Market Committee (FOMC);
2025-01-14T18:36:00+03:30
USD
Low Impact Expected
RCM/TIPP Economic Optimism
51.9
55.1
54.0
Source: RealClearMarkets (latest release) | Measures: Level of a diffusion index based on surveyed consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the start of the current month; | Next Release: Feb 4, 2025 | FF Notes: Above 50.0 indicates optimism, below indicates pessimism. Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Derived Via: Survey of about 1,500 consumers which asks respondents to rate the relative level of economic conditions including six-month economic outlook, personal financial outlook, and confidence in federal economic policies; | Also Called: RCM/TIPP Consumer Confidence; | Acro Expand: RealClearMarkets (RCM), TechnoMetrica Institute of Policy and Politics (TIPP);
2025-01-14T22:30:00+03:30
USD
Low Impact Expected
Federal Budget Balance
-86.7B
-77.6B
-366.8B
FF Notice: Initial release time was shifted 24 hours later due to source rescheduling; | Source: US Department of the Treasury (latest release) | Measures: Difference in value between the federal government's income and spending during the previous month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, usually on the eighth business day after the month ends; | Next Release: Feb 12, 2025 | FF Notes: A positive number indicates a budget surplus, a negative number indicates a deficit; | Also Called: Monthly Treasury Statement, Treasury Budget;
2025-01-14T23:30:00+03:30
USD
Low Impact Expected
FOMC Member Williams Speaks
null
null
null
FF Notice: Source released speech text 5 minutes earlier than scheduled; | Description: Due to deliver opening remarks at an event hosted by the Federal Reserve Bank of New York; | Source: Federal Reserve Bank of New York (latest release) | Speaker: Federal Reserve Bank of New York President John Williams; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 15, 2025 | FF Notes: FOMC voting member 2012, 2015, 2018, 2019, 2020, 2021, 2022, 2023, 2024 and 2025. In Jun 2018 his title changed from Federal Reserve Bank of San Francisco President to Federal Reserve Bank of New York President; | Why Traders Care: 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; | Acro Expand: Federal Open Market Committee (FOMC);
2025-01-15T00:00:00+03:30
USD
Medium Impact Expected
Empire State Manufacturing Index
-12.6
2.7
0.2
Source: Federal Reserve Bank of New York (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers in New York state; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the middle of the current month; | Next Release: Feb 18, 2025 | FF Notes: Above 0.0 indicates improving conditions, below indicates worsening conditions; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 200 manufacturers in New York state which asks respondents to rate the relative level of general business conditions; | Also Called: New York Manufacturing Index;
2025-01-15T00:00:00+03:30
USD
High Impact Expected
CPI y/y
2.9%
2.9%
2.7%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Feb 12, 2025 | FF Notes: This is among the few non-seasonally adjusted numbers reported on the calendar; | Why Traders Care: 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; | Derived Via: The average price of various goods and services are sampled and then compared to the previous sampling; | Acro Expand: Consumer Price Index (CPI);
2025-01-15T00:00:00+03:30
USD
High Impact Expected
CPI m/m
0.4%
0.4%
0.3%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Feb 12, 2025 | Why Traders Care: 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; | Derived Via: The average price of various goods and services are sampled and then compared to the previous sampling; | Acro Expand: Consumer Price Index (CPI);
2025-01-15T00:00:00+03:30
USD
High Impact Expected
Core CPI m/m
0.2%
0.3%
0.3%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding food and energy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Feb 12, 2025 | FF Notes: Food and energy prices account for about a quarter of CPI, but they tend to be very volatile and distort the underlying trend. The Federal Open Market Committee usually pays more attention to the Core data - so do traders; | Why Traders Care: 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; | Also Called: CPI Ex Food and Energy, Underlying CPI; | Acro Expand: Consumer Price Index (CPI);
2025-01-15T00:00:00+03:30
CAD
Low Impact Expected
Wholesale Sales m/m
-0.2%
-0.6%
1.3%
Source: Statistics Canada (latest release) | Measures: Change in the total value of sales at the wholesale level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Feb 14, 2025 | Why Traders Care: It's a leading indicator of consumer spending - retailers generally order more goods from wholesalers when they expect consumer sales to increase; | Also Called: Wholesale Trade;
2025-01-15T00:00:00+03:30
GBP
Low Impact Expected
RPI y/y
3.5%
3.8%
3.6%
Source: Office for National Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers for the purpose of consumption; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Feb 19, 2025 | FF Notes: RPI differs from CPI in that it only measures goods and services bought for the purpose of consumption by the vast majority of households, and it includes housing costs which are excluded from CPI; | Acro Expand: Retail Price Index (RPI), Consumer Price Index (CPI);
2025-01-15T00:00:00+03:30
GBP
Low Impact Expected
PPI Output m/m
0.1%
0.1%
0.4%
Source: Office for National Statistics (latest release) | Measures: Change in the price of goods sold by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Feb 19, 2025 | FF Notes: Only includes goods produced domestically; | Also Called: Factory Gate Prices; | Acro Expand: Producer Price Index (PPI);
2025-01-15T00:00:00+03:30
GBP
Low Impact Expected
PPI Input m/m
0.1%
0.2%
0.0%
Source: Office for National Statistics (latest release) | Measures: Change in the price of goods and raw materials purchased by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Feb 19, 2025 | Why Traders Care: It's a leading indicator of consumer inflation - when manufacturers pay more for goods the higher costs are usually passed on to the consumer; | Acro Expand: Producer Price Index (PPI), Consumer Price Index (CPI);
2025-01-15T00:00:00+03:30
GBP
High Impact Expected
CPI y/y
2.5%
2.6%
2.6%
Source: Office for National Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Feb 19, 2025 | FF Notes: This is considered the UK's most important inflation data because it's used as the central bank's inflation target; | Why Traders Care: 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; | Derived Via: The average price of various goods and services are sampled and then compared to the sampling done a year earlier; | Acro Expand: Consumer Price Index (CPI);
2025-01-15T00:00:00+03:30
GBP
Low Impact Expected
Core CPI y/y
3.2%
3.4%
3.5%
Source: Office for National Statistics (latest release) | Measures: Change in the price of goods and services purchased by consumers, excluding the volatile food, energy, alcohol, and tobacco items; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Feb 19, 2025 | FF Notes: The Core data has a mild impact relative to other countries because overall CPI is the central bank's mandated inflation target; | Acro Expand: Consumer Price Index (CPI);
2025-01-15T01:00:00+03:30
USD
Low Impact Expected
API Weekly Statistical Bulletin
null
null
null
Source: API (latest release) | Frequency: Released weekly, 3 days after the week ends; | Next Release: Jan 23, 2025 | Acro Expand: American Petroleum Institute (API), Energy Information Administration (EIA);
2025-01-15T03:20:00+03:30
JPY
Low Impact Expected
M2 Money Stock y/y
1.3%
1.2%
1.2%
Source: Bank of Japan (latest release) | Measures: Change in the total quantity of domestic currency in circulation and deposited in banks; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 11 days after the month ends; | Next Release: Feb 12, 2025 | FF Notes: Much of this data is released in the Monetary Base report about a week earlier; | Why Traders Care: It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation;
2025-01-15T09:28:00+03:30
JPY
Low Impact Expected
Prelim Machine Tool Orders y/y
11.2%
null
3.0%
FF Notice: Source released data 2 minutes earlier than scheduled; | Source: JMTBA (latest release) | Measures: Change in the total value of new orders placed with machine tool manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 10 days after the month ends; | Next Release: Feb 12, 2025 | FF Notes: There are 2 versions of this report released about a week apart - Preliminary and Final. The Preliminary release is the earliest and thus tends to have the most impact. The Final is not reported for lack of significance; | Acro Expand: Japan Machine Tool Builders Association (JMTBA);
2025-01-15T10:30:00+03:30
EUR
Low Impact Expected
German WPI m/m
0.1%
0.1%
0.0%
Source: Destatis (latest release) | Measures: Change in the price of goods sold by wholesalers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 12 days after the month ends; | Next Release: Feb 14, 2025 | Why Traders Care: It's a leading indicator of consumer inflation - when wholesalers charge more for goods and services the higher costs are usually passed on to the consumer; | Acro Expand: Wholesale Price Index (WPI);
2025-01-15T11:15:00+03:30
EUR
Low Impact Expected
French Final CPI m/m
0.2%
0.2%
0.2%
Source: INSEE (latest release) | Measures: Change in the price of goods and services purchased by consumers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Feb 18, 2025 | FF Notes: The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of CPI released about 15 days apart - Preliminary and Final. The Preliminary release, which the source first reported in Jan 2016, is the earliest and thus tends to have the most impact. This is one of the few non-seasonally adjusted numbers reported on the calendar, as it's the primary calculation for this indicator; | Acro Expand: Consumer Price Index (CPI);
2025-01-15T13:00:00+03:30
GBP
Low Impact Expected
HPI y/y
3.3%
3.5%
3.4%
Source: UK Government (latest release) | Measures: Change in the selling price of homes; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Feb 19, 2025 | FF Notes: Source first released in Jun 2016; | Acro Expand: House Price Index (HPI);
2025-01-15T13:30:00+03:30
EUR
Low Impact Expected
Industrial Production m/m
0.2%
0.3%
0.2%
Source: Eurostat (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Feb 13, 2025 | FF Notes: Tends to have a relatively mild impact because Germany and France, which account for about half of the Eurozone's economy, release earlier production data; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Industrial Output;
2025-01-15T13:32:00+03:30
GBP
Low Impact Expected
10-y Bond Auction
4.81|2.8
null
4.33|2.9
Source: Debt Management Office (latest release) | Measures: Average yield on 10-year bonds the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Variable, about 11 times per year; | Next Release: Mar 12, 2025 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted). Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: Gilt Auction, Treasury Auction;
2025-01-15T14:04:00+03:30
EUR
Low Impact Expected
German 30-y Bond Auction
2.84|2.8
null
2.55|3.6
Source: Bundesbank (latest release) | Measures: Average yield on a 30-year bond the government sold at auction, and the bid-to-cover ratio of the auction; | Usual Effect: No consistent effect - there are both risk and growth implications; | Frequency: Variable, about 11 times per year; | Next Release: Feb 12, 2025 | FF Notes: Auction results are reported in an 'X.XX|X.X' format - the first number is the average interest rate of the bonds sold, and the second number is the bid-to-cover ratio (number of bids made per bid accepted). Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released; | Why Traders Care: Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence; | Also Called: Bund Auction;
2025-01-15T17:00:00+03:30
CAD
Low Impact Expected
Manufacturing Sales m/m
0.8%
0.4%
2.1%
Source: Statistics Canada (latest release) | Measures: Change in the total value of sales made by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 45 days after the month ends; | Next Release: Feb 14, 2025 | Why Traders Care: It's a leading indicator of economic health - manufacturers are quickly affected by market conditions, and changes in their sales can be an early signal of future activity such as spending, hiring, and investment; | Also Called: Manufacturing Shipments, Factory Sales;
2025-01-15T17:50:00+03:30
USD
Low Impact Expected
FOMC Member Barkin Speaks
null
null
null
Description: Due to speak at the Maryland Chamber of Commerce, in Annapolis. Audience questions expected; | Source: Federal Reserve Bank of Richmond (latest release) | Speaker: Federal Reserve Bank of Richmond President Thomas Barkin; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Feb 5, 2025 | FF Notes: FOMC voting member 2018, 2021, and 2024; | Why Traders Care: 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; | Acro Expand: Federal Open Market Committee (FOMC);
2025-01-15T18:30:00+03:30
USD
Low Impact Expected
FOMC Member Kashkari Speaks
null
null
null
Description: Due to speak at the virtual Federal Reserve Bank of Minneapolis 2025 Regional Economic Conditions Conference. Audience questions expected; | Source: Federal Reserve Bank of Minneapolis (latest release) | Speaker: Federal Reserve Bank of Minneapolis President Neel Kashkari; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Mar 26, 2025 | FF Notes: FOMC voting member 2017, 2020, and 2023; | Why Traders Care: 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; | Acro Expand: Federal Open Market Committee (FOMC);
2025-01-15T19:00:00+03:30
USD
Medium Impact Expected
Crude Oil Inventories
-2.0M
-1.0M
-1.0M
Source: Energy Information Administration (latest release) | Measures: Change in the number of barrels of crude oil held in inventory by commercial firms during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, 4 days after the week ends; | Next Release: Jan 23, 2025 | FF Notes: While this is a US indicator, it most affects the loonie due to Canada's sizable energy sector; | Why Traders Care: It's the primary gauge of supply and demand imbalances in the market, which can lead to changes in production levels and price volatility; | Also Called: Crude Stocks, Crude Levels; | Acro Expand: Energy Information Administration (EIA);
2025-01-15T19:30:00+03:30
USD
Low Impact Expected
FOMC Member Williams Speaks
null
null
null
Description: Due to speak at the CBIA Economic Summit and Outlook 2025, in Connecticut. Audience questions expected; | Source: Federal Reserve Bank of New York (latest release) | Speaker: Federal Reserve Bank of New York President John Williams; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Feb 12, 2025 | FF Notes: FOMC voting member 2012, 2015, 2018, 2019, 2020, 2021, 2022, 2023, 2024 and 2025. In Jun 2018 his title changed from Federal Reserve Bank of San Francisco President to Federal Reserve Bank of New York President; | Why Traders Care: 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; | Acro Expand: Federal Open Market Committee (FOMC);
2025-01-15T20:00:00+03:30
GBP
Low Impact Expected
MPC Member Taylor Speaks
null
null
null
Description: Due to deliver a speech titled "Inflation Dynamics and Outlook" at Leeds University, in West Yorkshire; | Source: Bank of England (latest release) | Speaker: External BOE MPC Member Alan Taylor; | Usual Effect: More hawkish than expected is good for currency; | FF Notes: MPC voting member Sep 2024 - Sep 2027; | Why Traders Care: BOE MPC 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; | Acro Expand: Bank of England (BOE), Monetary Policy Committee (MPC);
2025-01-15T20:30:00+03:30
USD
Low Impact Expected
FOMC Member Goolsbee Speaks
null
null
null
Description: Due to speak at the Wisconsin Bankers Association Midwest Economic Forecast Virtual Forum. Audience questions expected; | Source: Federal Reserve Bank of Chicago (latest release) | Speaker: Federal Reserve Bank of Chicago President Austan Goolsbee; | Usual Effect: More hawkish than expected is good for currency; | Next Release: Jan 31, 2025 | FF Notes: FOMC voting member 2023 and 2025; | Why Traders Care: 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; | Acro Expand: Federal Open Market Committee (FOMC);
2025-01-15T22:30:00+03:30
USD
Low Impact Expected
Beige Book
null
null
null
Source: Federal Reserve (latest release) | Usual Effect: More hawkish than expected is good for currency; | Frequency: 8 times per year, 2 weeks before each FOMC meeting; | Next Release: Mar 5, 2025 | FF Notes: This analysis is used by the FOMC to help make their next decision on interest rates. However, it tends to produce a mild impact as the FOMC also receives 2 non-public books - the Green Book and the Blue Book - which are widely believed to be more influential to their rate decision; | Derived Via: Anecdotal evidence supplied by the 12 Federal Reserve banks regarding local economic conditions in their district; | Also Called: Current Economic Conditions;
2025-01-16T00:00:00+03:30
USD
High Impact Expected
Unemployment Claims
217K
210K
203K
Source: Department of Labor (latest release) | Measures: The number of individuals who filed for unemployment insurance for the first time during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, usually on the first Thursday after the week ends; | Next Release: Jan 23, 2025 | FF Notes: This is the nation's earliest economic data. The market impact fluctuates from week to week - there tends to be more focus on the release when traders need to diagnose recent developments, or when the reading is at extremes; | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy; | Also Called: Jobless Claims, Initial Claims;
2025-01-16T00:00:00+03:30
USD
Low Impact Expected
Natural Gas Storage
-258B
-260B
-40B
Source: Energy Information Administration (latest release) | Measures: Change in the number of cubic feet of natural gas held in underground storage during the past week; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released weekly, 5 days after the week ends; | Next Release: Jan 23, 2025 | FF Notes: Inventories are used to maintain price stability during supply shortages and periods of increasing demand; | Also Called: Nat Gas Stocks, Nat Gas Inventories, Working Gas; | Acro Expand: Energy Information Administration (EIA);
2025-01-16T00:00:00+03:30
USD
Low Impact Expected
NAHB Housing Market Index
47
45
46
Source: NAHB (latest release) | Measures: Level of a diffusion index based on surveyed home builders; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, around the middle of the current month; | Next Release: Feb 18, 2025 | FF Notes: Above 50 indicates a favorable outlook on home sales, below indicates a negative outlook; | Derived Via: Survey of about 900 home builders which asks respondents to rate the relative level of current and future single-family home sales; | Also Called: NAHB/Wells Fargo Housing Market Index; | Acro Expand: National Association of Home Builders (NAHB);
2025-01-16T00:00:00+03:30
USD
Low Impact Expected
Import Prices m/m
0.1%
-0.1%
0.1%
Source: Bureau of Labor Statistics (latest release) | Measures: Change in the price of imported goods and services purchased domestically; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 13 days after the month ends; | Next Release: Feb 14, 2025 | FF Notes: This is the earliest government-released inflation data; | Why Traders Care: It contributes to inflation for businesses and consumers, especially those who rely heavily on imported goods and services; | Also Called: Import Price Index;
2025-01-16T00:00:00+03:30
USD
Medium Impact Expected
Philly Fed Manufacturing Index
44.3
-5.2
-16.4
Source: Federal Reserve Bank of Philadelphia (latest release) | Measures: Level of a diffusion index based on surveyed manufacturers in Philadelphia; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, on the third Thursday of the current month; | Next Release: Feb 20, 2025 | FF Notes: Above 0.0 indicates improving conditions, below indicates worsening conditions; | Why Traders Care: It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment; | Derived Via: Survey of about 250 manufacturers in the Philadelphia Federal Reserve district which asks respondents to rate the relative level of general business conditions; | Also Called: Philadelphia Fed Business Outlook Survey;
2025-01-16T00:00:00+03:30
AUD
High Impact Expected
Unemployment Rate
4.0%
4.0%
3.9%
Source: Australian Bureau of Statistics (latest release) | Measures: Percentage of the total work force that is unemployed and actively seeking employment during the previous month; | Usual Effect: 'Actual' less than 'Forecast' is good for currency; | Frequency: Released monthly, about 15 days after the month ends; | Next Release: Feb 20, 2025 | Why Traders Care: Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions; | Also Called: Jobless Rate;
2025-01-16T00:00:00+03:30
USD
High Impact Expected
Retail Sales m/m
0.4%
0.6%
0.8%
Source: Census Bureau (latest release) | Measures: Change in the total value of sales at the retail level; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 16 days after the month ends; | Next Release: Feb 14, 2025 | FF Notes: This is the earliest and broadest look at vital consumer spending data; | Why Traders Care: It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity; | Also Called: Advance Retail Sales;
2025-01-16T00:00:00+03:30
GBP
High Impact Expected
GDP m/m
0.1%
0.2%
-0.1%
Source: Office for National Statistics (latest release) | Measures: Change in the total value of all goods and services produced by the economy; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 13, 2025 | FF Notes: Source first released in Jul 2018; | Why Traders Care: It's the broadest measure of economic activity and the primary gauge of the economy's health; | Acro Expand: Gross Domestic Product (GDP);
2025-01-16T00:00:00+03:30
GBP
Low Impact Expected
Construction Output m/m
0.4%
0.4%
-0.3%
Source: Office for National Statistics (latest release) | Measures: Change in the total amount builders spent on construction projects; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 13, 2025 | FF Notes: Source first released in Jul 2013;
2025-01-16T00:00:00+03:30
GBP
Low Impact Expected
Goods Trade Balance
-19.3B
-18.0B
-19.3B
Source: Office for National Statistics (latest release) | Measures: Difference in value between imported and exported goods during the reported month; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 13, 2025 | FF Notes: A positive number indicates that more goods were exported than imported; | Why Traders Care: Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers; | Also Called: Visible Trade Balance;
2025-01-16T00:00:00+03:30
GBP
Low Impact Expected
Index of Services 3m/3m
0.0%
0.1%
0.0%
Source: Office for National Statistics (latest release) | Measures: Change in the total GVA of the private and government services sectors; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 13, 2025 | FF Notes: GVA is the difference between the value of a service provided and the value of the goods and services used to provide the service; | Acro Expand: Gross Value Added (GVA);
2025-01-16T00:00:00+03:30
GBP
Low Impact Expected
Industrial Production m/m
-0.4%
0.1%
-0.6%
Source: Office for National Statistics (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 13, 2025 | FF Notes: Mines and utilities make up around 20% of total production, so this data tends to be overshadowed by Manufacturing Production which makes up the other 80%; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings;
2025-01-16T00:00:00+03:30
GBP
Low Impact Expected
Manufacturing Production m/m
-0.3%
-0.2%
-0.6%
Source: Office for National Statistics (latest release) | Measures: Change in the total inflation-adjusted value of output produced by manufacturers; | Usual Effect: 'Actual' greater than 'Forecast' is good for currency; | Frequency: Released monthly, about 40 days after the month ends; | Next Release: Feb 13, 2025 | FF Notes: Manufacturing makes up around 80% of total Industrial Production and tends to dominate the market impact; | Why Traders Care: It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings; | Also Called: Factory production;