Date
GMT+07:00
Event Value
Oct, 25 07:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Oct, 25 07:30
Importance: High
Previous: 0.2% q/q; 1.9% y/y
Forecast: -
Actual: -
Period: 3 quarter

The headline inflation gauge for Australia. Simply put, inflation reflects a decline in the purchasing power of the Aussie Dollar, where each Dollar buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that is typically bought by a metropolitan Australian households. An increase in the index indicates that it takes more Australian Dollars to purchase this same set of basic consumer items.

Unlike most other countries, Australia publishes CPI quarterly instead of monthly, increasing the market impact of the report upon release. The headline number is released as the percentage change from the previous quarter or year.

0.2% q/q; 1.9% y/y
Oct, 25 15:30
★★★
GDP preliminary
GDP preliminary
Country:
Date: Oct, 25 15:30
Importance: High
Previous: 0.3% q/q; 1.5% y/y
Forecast: -
Actual: -
Period: 3 quarter

An indicator for broad overall growth in the United Kingdom. Robust UK GDP growth signals a heightened level of economic activity, and therefore a high demand for currency. Economic expansion also raises concerns about inflationary pressure, which generally prompts monetary authorities to increase interest rates. This means that positive GDP readings are generally bullish for a given currency, while negative readings are bearish.

Due to the untimeliness of this report and because data on GDP components are available beforehand, the actual GDP figure is usually well anticipated. But given its overall significance GDP has the tendency to move the market upon release, acting to confirm or upset economic expectations. Robust GDP growth signals a heightened level of activity that is generally associated with a healthy economy. However economic expansion also raises concerns about inflationary pressures which may lead to monetary policy tightening.

The headline figure for UK GDP is an annualized percentage growth rate.

Technically, Gross Domestic Product is calculated in the following way:

GDP = C + I + G + (EX - IM)
where
C = private consumption
I = private investment
G = government expenditure
EX = exports of goods and services
IM = imports of goods and services

Technical note : GDP is the total market value of goods and services produced in the U.K. within a given period after deducting the cost of goods and services used up in the process of production. Therefore, GDP excludes intermediate goods and services and considers final aggregates only.

0.3% q/q; 1.5% y/y
Oct, 25 19:30
★★★
Durable Goods Orders
Durable Goods Orders
Country:
Date: Oct, 25 19:30
Importance: High
Previous: 1.7% m/m; 0.2% m/m
Forecast: -
Actual: -
Period: Sep

The value of orders placed for relatively long-lasting goods. Durable Goods are expected to last more than three years. Such products often require large investments and usually reflect optimism on the part of the buyer that their expenditure will be worthwhile.

Because orders for goods have large sway over the actual production, this figure serves as an excellent forecast of US output to come. Durable Goods are typically sensitive to economic changes. When consumers become sceptical about economic conditions, sales of durable goods are one of the first to be impacted since consumers can delay purchases of durable items, like cars and televisions, only spending money on necessities in times of economic hardship. Conversely, when consumer confidence is restored, orders for durable goods rebound quickly.

1.7% m/m; 0.2% m/m
Oct, 25 21:00
★★★
Overnight Rate
Overnight Rate
Country:
Date: Oct, 25 21:00
Importance: High
Previous: 1.00%
Forecast: 1.00%
Actual: -
Period: Oct

BoC Interest Rate Decision is announced by the Bank of Canada. If the BoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CAD. Likewise, if the BoC has a dovish view on the Canadian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

1.00%
Oct, 25 21:00
★★★
BOC Rate Statement
BOC Rate Statement
Country:
Date: Oct, 25 21:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: Oct

This statement is the primary medium used by the Bank of Canada (BoC) to communicate with investors about monetary policy decisions, specifically those regarding interest rates.

Oct, 25 21:00
★★★
BOC Monetary Policy Report
BOC Monetary Policy Report
Country:
Date: Oct, 25 21:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: Oct
The BOC Governor usually holds a press conference to discuss the contents of this report about 45 minutes after release. It provides valuable insight into the bank's view of economic conditions and inflation - the key factors that will shape the future of monetary policy and influence their interest rate decisions.
Oct, 25 22:15
★★★
BOC Press Conference
BOC Press Conference
Country:
Date: Oct, 25 22:15
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
The press conference has 2 parts - first a prepared statement is read, then the conference is open to press questions. The questions often lead to unscripted answers that create heavy market volatility. The press conference is audio webcasted on the BOC website. It's among the primary method the BOC uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate decision, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy.
Oct, 26 18:45
★★★
ECB Interest Rate Decision
ECB Interest Rate Decision
Country:
Date: Oct, 26 18:45
Importance: High
Previous: 0.00%
Forecast: 0.00%
Actual: -
Period: Oct
ECB Interest Rate Decision is announced by the European Central Bank. Usually if the ECB is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the EUR. Likewise, if the ECB has a dovish view on the European economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.
0.00%
Oct, 26 19:30
★★★
ECB Press Conference
ECB Press Conference
Country:
Date: Oct, 26 19:30
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -

The European Central Bank press conference following interest rate announcement.

Oct, 27 06:30
★★★
National CPI
National CPI
Country:
Date: Oct, 27 06:30
Importance: High
Previous: 0.7% y/y
Forecast: -
Actual: -
Period: Sep

National Consumer Price Index (CPI) is the key gauge for inflation in Japan. Simply put, inflation reflects a decline in the purchasing power of the Yen, where each Yen buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical Japanese household might purchase. An increase in the index indicates that it takes more Yen to purchase this same set of basic consumer items.

Markets will typically pay more attention to "CPI excluding Fresh Food," because it excludes volatile food prices that can distort overall CPI. The headline figure for CPI is the percentage change in the index on a month to month or year to year basis.

As the most important indicator of inflation, CPI figures are closely followed by the Bank of Japan. Rising Consumer Prices may prompt the BoJ to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Yen more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Yen.

0.7% y/y
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