GMT Currency Event Impact Actual Forecast Prev Live  
Monday, Oct 16
01:30
CNY
Consumer Price Index (MoM) high 0.5% 0.4% 0.4%
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The China Consumer Price Index is a key element in which consumer inflation is looked at by investors and acted upon. China releases its data through its National Bureau of Statistics. The inflation report is watched for indications regarding consumer demand and for indications regarding outlook which serve as a key element to help judge the broad China economy. While China’s economy has grown by significant amounts over the past two decades, the growth has in large measures been driven by export demands. However, China’s domestic market is where its mature economic growth is expected to grow in importance. Thus, the CPI Index from China is taking on greater importance regarding its ability to help interpret the Chinese economy for investors.

01:30
CNY
Consumer Price Index (YoY) high 1.6% 1.6% 1.8%
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Consumer Price Index, or CPI, is considered a benchmark inflation figure for most economies. It’s a measure that examines the average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods, and averaging them. The CPI is a significant way to measure changes in purchasing trends- and is frequently used for identifying periods of inflation or deflation. Large rises in CPI during a short period of time typically signals periods of inflation, and large drops in CPI during a short period of time usually marks periods of deflation.

01:30
CNY
Producer Price Index (YoY) med 6.9% 6.3% 6.3%
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The Producer Price Index shows the difference in the cost of goods compared to the previous month’s outcome, frequently from wholesale and manufacturing enterprises. The index is a breakdown of costs from a variety of sectors and measures trends well, giving an important indication of inflation and its effect on producers. Results which show rising prices are often a sign of a growing economy, while figures which show little or negative changes often indicate stagnation or recession. Investors examine the results of the PPI data carefully and the number often creates market impetus for equities and forex, particularly when the outcome from the Producer Price Index publishes a surprising outcome. It is also important to note that rising prices in the PPI often have a direct result on consumer spending because of their direct effect on the public.

12:30
USD
Empire State Manufacturing Index med 30.2 20.7 24.4
 
14:30
CAD
Bank Of Canada Business Outlook Survey med
 
21:45
NZD
Consumer Price Index (QoQ) med 0.5% 0.4% 0.5%
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Consumer Price Index, or CPI, is considered a benchmark inflation figure for most economies. It’s a measure that examines the average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods, and averaging them. The CPI is a significant way to measure changes in purchasing trends- and is frequently used for identifying periods of inflation or deflation. Large rises in CPI during a short period of time typically signals periods of inflation, and large drops in CPI during a short period of time usually marks periods of deflation.

21:45
NZD
Consumer Price Index (YoY) high 1.9% 1.8% 1.7%
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Consumer Price Index, or CPI, is considered a benchmark inflation figure for most economies. It’s a measure that examines the average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods, and averaging them. The CPI is a significant way to measure changes in purchasing trends- and is frequently used for identifying periods of inflation or deflation. Large rises in CPI during a short period of time typically signals periods of inflation, and large drops in CPI during a short period of time usually marks periods of deflation.

Tuesday, Oct 17
00:30
AUD
RBA Monetary Policy Meeting Minutes high
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Approximately one month after their monetary policy rate decisions, central banks publish their Monetary Policy Meeting Minutes, which offer investors a detailed analysis on the decisions which have gone into their decision-making process. The reports include insights from individuals comprising voting and non-voting members, like the Federal Reserve’s FOMC committee, which analyze and discuss current economic conditions and outlooks. The report is significant because it shows the influence of present conditions and indicates what certain members or factions within the central bank membership is looking for to potentially change interest rate policy or stimulus mandates. The Meeting Minutes publication gives investors a good consideration of the mid-term and long term outlooks of the central bank’s and a rather good idea regarding expectations on actions to come. The reports can directly affect Forex trading.

08:30
GBP
Consumer Price Index (MoM) med 0.3% 0.3% 0.6%
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Consumer Price Index, or CPI, is considered a benchmark inflation figure for most economies. It’s a measure that examines the average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods, and averaging them. The CPI is a significant way to measure changes in purchasing trends- and is frequently used for identifying periods of inflation or deflation. Large rises in CPI during a short period of time typically signals periods of inflation, and large drops in CPI during a short period of time usually marks periods of deflation.

08:30
GBP
Consumer Price Index (YoY) high 3.0% 3.0% 2.9%
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Consumer Price Index, or CPI, is considered a benchmark inflation figure for most economies. It’s a measure that examines the average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods, and averaging them. The CPI is a significant way to measure changes in purchasing trends- and is frequently used for identifying periods of inflation or deflation. Large rises in CPI during a short period of time typically signals periods of inflation, and large drops in CPI during a short period of time usually marks periods of deflation.

08:30
GBP
Consumer Price Index - Core (YoY) high 2.7% 2.8% 2.7%
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Consumer Price Index, or CPI, is considered a benchmark inflation figure for most economies. It’s a measure that examines the average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods, and averaging them. The CPI is a significant way to measure changes in purchasing trends- and is frequently used for identifying periods of inflation or deflation. Large rises in CPI during a short period of time typically signals periods of inflation, and large drops in CPI during a short period of time usually marks periods of deflation.

09:00
EUR
Euro-Zone ZEW Economic Sentiment med 26.7 34.2 31.7
 
09:00
EUR
German ZEW Economic Sentiment med 17.6 20 17
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The German Z.E.W Economic Sentiment is a survey that gauges the outlook of investors who tend to be associated with large financial institutions and analysts. Participants are asked for their perspectives on factors which affect the economic health of Germany. This is a monthly report that is issued, in which a six-month forecast is asked for regarding what will happen in the labor market, manufacturing, growth, and corporate conditions such as the banking sector. It is important to note that participants are asked about their outlooks for Germany and the effect conditions within the European Union will also have on the nation. The results of this report and can affect market conditions for equities and the Forex markets.

09:00
EUR
Euro-Zone Consumer Price Index - Core (YoY) high 1.3% 1.1% 1.1%
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Consumer Price Index, or CPI, is considered a benchmark inflation figure for most economies. It’s a measure that examines the average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods, and averaging them. The CPI is a significant way to measure changes in purchasing trends- and is frequently used for identifying periods of inflation or deflation. Large rises in CPI during a short period of time typically signals periods of inflation, and large drops in CPI during a short period of time usually marks periods of deflation.

09:00
EUR
Euro-Zone Consumer Price Index (YoY) high 1.5% 1.5% 1.5%
+

Consumer Price Index, or CPI, is considered a benchmark inflation figure for most economies. It’s a measure that examines the average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price changes for each item in the predetermined basket of goods, and averaging them. The CPI is a significant way to measure changes in purchasing trends- and is frequently used for identifying periods of inflation or deflation. Large rises in CPI during a short period of time typically signals periods of inflation, and large drops in CPI during a short period of time usually marks periods of deflation.

12:30
USD
Export Price Index (MoM) med 0.6% 0.6%
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The Import and Export Price Index measures the costs difference between imported and exported goods. Products include all exported goods sold abroad to foreign markets compared to the price of goods bought by U.S companies which are being imported. The quantified difference in value is a direct reflection not only of U.S economic health, but global economic conditions, because the price measurement signals changes in the costs of resources and production. The number is a direct reflection of inflation and demand in the world economy and shows a direct correlation with growth domestically and internationally. In a direct sense if American companies are having to pay for higher costs from abroad for products this can then affect consumers who will likely be charged more for the goods in a retail environment. Investors look at the results from the Import and Export Price Index for hints regarding financial assets price movements.

12:30
USD
Import Price Index (MoM) med 0.4% 0.6%
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The Import and Export Price Index measures the costs difference between imported and exported goods. Products include all exported goods sold abroad to foreign markets compared to the price of goods bought by U.S companies which are being imported. The quantified difference in value is a direct reflection not only of U.S economic health, but global economic conditions, because the price measurement signals changes in the costs of resources and production. The number is a direct reflection of inflation and demand in the world economy and shows a direct correlation with growth domestically and internationally. In a direct sense if American companies are having to pay for higher costs from abroad for products this can then affect consumers who will likely be charged more for the goods in a retail environment. Investors look at the results from the Import and Export Price Index for hints regarding financial assets price movements.

13:15
USD
Capacity Utilization Rate med 76.2% 76.1%
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The Capacity Utilization Rate is a quantified reading taken from a nation’s manufacturers, utility companies and other enterprises to measure the productive use of their resources and potential output. A higher percentage of capacity means that economic output is increasing. This is a good indication inflation could increase because if producers need to purchase more resources it means growth is likely improving, but the resources could get more expensive because of greater demand. Investors use the Capacity Utilization Rate as an important barometer of the current economy and its outlook. Its results can impact the broad markets based on a positive or negative outcome.

13:15
USD
Industrial Production (MoM) med 0.2% -0.9%
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Manufacturing Production measures a country’s manufacturing output. Manufacturing Production is an important indicator of the strength of any economy, as it makes up a large part of the total Gross Domestic Product. Manufacturing is an important indicator of economic health, because it makes up about 80% of total Industrial Production and has a heavy market impact. Industrial Production measures outputs of a country’s factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. Mines and utilities make up about 20% of total industrial production, so this data tends to be overshadowed by Manufacturing Production which makes up the other 80%. A reading for both prints that comes out as above expectations is seen as positive or bullish, while a reading below expectations is seen as negative, or bearish.

Wednesday, Oct 18
08:10
EUR
European Central Bank President Draghi Speech high
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After the release of monetary policy statements, the leader of the central bank often reads through a prepared statement and then take questions and delivers answers to journalists. Central bank Governors, who are sometimes known as Presidents and Chairmen too, also give monetary policy speeches to independent institutions, government bodies, and universities in which they further expand upon on central bank policies concerning a wide range of subjects like interest rates, economic outlook, inflation and employment conditions. The speeches given from Central Bank Governors often move the Forex and equities markets in a profound and volatile manner depending on the subject matter, tone and body language considering the circumstances. While central bank policy makers are well practiced and deliver the context of their speaking engagements in a reserved and unemotional way, investors watch all speeches made with a great amount of attention because of the risk they carry and the possibility of new sentiments being expressed which can affect market conditions abruptly

08:30
GBP
Average Earnings Index (3M/YoY) high 2.1%
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The U.K. Average Earning Index is typically released on the same day Claimants Count Change statistics are released. The earnings report is a good indication of wage growth and employment conditions. An increase in the amount of wages paid by employers to employees, signifies the labor market may be growing tighter and companies are inclined to pay their workers more – to not only reward them, but to make sure they will stay with the company if it is felt that hiring conditions have improved for workers and they can find jobs elsewhere in an easier fashion. In other words, paying a worker more money is a way companies try to retain their better employees. A higher wage also can indicate inflation may be influencing the amount of money needed to compensate employees. A rising rate of earnings is perceived under most circumstances as showing the U.K economy is getting stronger

08:30
GBP
Claimant Count Change med -2.8K
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The Claimant Count Change. The Claimant Count Change is an economic measure in the UK that tracks change in the number of people claiming unemployment benefits while they are looking for work. It is measured by the percentage change of people claiming for unemployment related benefits divided by the total number of full-time and part-time jobs available in the UK. It provides the longest available data series on UK unemployment. One advantage of the Claimant Change is that it provides an accurate picture of who is claiming.

08:30
GBP
Unemployment Rate high 4.3%
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The Unemployment Rate is an important statistic for investors, central banks and the citizens of their respective nations to examine. The percentage of unemployed workers is factored from government statistics based on the current number of potential employees seeking work, compared to the total from the previous month. Employment conditions are a key component signaling the health of an economy and greatly effects consumer sentiment. If employment numbers are known to be getting worse, this can create negative sentiment – which effects spending as fear grows about future employment prospects. Investors examine the unemployment rates carefully of major nations, because they are a good indication of growth. central banks such as the U.S Federal Reserve carefully monitor the unemployment rate, and the results influence decisions regarding interest rates directly. Traders typically react to good employment numbers with better optimism, which often helps the equity markets.

12:30
USD
Building Permits (MoM) med 1.30M
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U.S. Building Permits data are an excellent indication regarding the health of the U.S housing sector and broad sentiment in the States regarding economic outlook. The building permits number is an annual composite figure, which is presented monthly and reflects the amount of activity in the residential housing market. The data is a solid reflection of the construction sector and labor markets too. If the Building Permits numbers are strong, it often indicates better sentiment among companies who are active in construction, and their belief demand is going to increase from the American public for new dwellings. An increase in housing often means more workers will be needed to help build homes, and it also drives a demand for manufactured products and commodities. The Building Permits numbers served as a bell-weather for the financial crisis in 2007 and 2008 as demand evaporated in the housing markets

12:30
USD
Housing Starts (MoM) med 1.18M
 
14:30
USD
EIA Crude Oil Inventories Change med
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The Energy Information Agency of the U.S issues its Crude Oil Inventories figures on a weekly basis. The number reflects the change in the supply of barrels of Crude Oil in the United States held by commercial firms. The outcome of the Crude Oil Inventories frequently experiences a wide variable between estimated inventory and the actual weekly outcome. The weekly number is often debated widely by traders and analysts who sometimes disagree about the meaning in the change of supply. Some investors stress what is most important about Crude Oil Inventories data, is the trend in the supply numbers over a monthly timetable. If the data indicates supply is below estimates if can signify demand has increased from users and this can sometimes create a swift reaction in the energy markets, particularly if the outcome has missed its estimate by a wide margin.