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Economic News

UK Inflation Rate; Canada Inflation Rate; Powell Testimony; Japan Inflation Rate; German Info Business Climate

UK Inflation Rate; Canada Inflation Rate; Powell Testimony; Japan Inflation Rate; German Info Business Climate

NZD: Westpac Consumer Sentiment, it measures level of a diffusion index based on surveyed consumers.

AUD: RBA Gov Lowe Speaks, As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

AUD: Monetary Policy Meeting Minutes, It’s a detailed record of the RBA Reserve Bank Board’s most recent meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates.

CHF: Trade Balance, 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.

GBP: MPC Member Pill Speaks, 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.

EUR: Current Account, 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 region.

GBP: CBI Industrial Order Expectations, It’s a leading indicator of economic health – businesses react quickly to market conditions, and changes in their expectations can be an early signal of future economic activity such as spending, hiring, and investment.

GBP: MPC Member Tenreyro Speaks, 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.

CAD: Core Retail Sales m/m, it measures change in the total value of sales at the retail level, excluding automobiles.

CAD: Retail Sales m/m, it measures change in the total value of sales at the retail level.

CAD: NHPI m/m, it measures change in the selling price of new homes.

USD: Existing Home Sales, It’s a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction.

USD: FOMC Member Mester Speaks, 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.