FX.co ★ Traders economic calendar. International economic events

The American Petroleum Institute reports inventory levels of US crude oil, gasoline and distillates stocks. The figure shows how much oil and product is available in storage.The indicator gives an overview of US petroleum demand.

If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected.

If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected.

The Westpac/Melbourne Institute (MI) Leading Index is a composite index based on nine economic indicators, which is designed to predict the direction of the economy.The data is compiled from economic indicators related to consumer confidence, housing, stock market prices, money supply, and interest rate spreads. The report tends to have a muted impact because most of the indicators used in the calculation are released previously.

A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.

Data is an estimate of New Zealand Government securities held on behalf of non-residents. Government bonds include the total of all Government bonds and inflation indexed bonds. Treasury bills include the total of all Treasury bills.The proportion held for non-residents is calculated from the amount of bonds in the market. The bonds in the market do not include bonds held by Reserve Bank of New Zealand or by the Earthquake Commission. The survey seeks to identify the nominal amount of New Zealand Government securities held on behalf of non-residents. Since March 1994 this includes any securities held under repurchase agreement (repos). Repurchase agreements (repos): Arrangements under which one institution sells securities at a specified price to another, together with an agreement that they, or similar securities, will be purchased back at a fixed price on a specified future date. When a New Zealand institution acquires securities through repos, or transactions that replicate repos, they should be reported.

The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

The Core Consumer Price Index (CPI) is a key measure of the inflation trend in the UK economy, and it's released by the Office for National Statistics. Unlike the standard CPI measure, the Core CPI excludes more volatile items, such as food, energy, alcohol and tobacco, in order to provide a more accurate picture of the underlying inflationary trend. This data is of high importance to market participants, because the CPI and its components influence many areas of economic policy, including interest rate decisions by the Bank of England. If the Core CPI increases at a faster rate than expected, it could signal higher inflationary pressures, potentially leading to policy rate increases and subsequently impacting the value of the pound and UK assets.

The Producer Price Index (PPI) measures average changes in prices received by domestic producers for their output. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation. Usually a rise in PPI will lead in a short time to a rise in CPI and therefore to a rising interest rates and rising currency. during recession, the producers are not able to roll over the rising cost of material to the consumer, so a rise in PPI will not be rolled over to the consumer but will lower the profitablility of the producer and will deepen the recession, that will lead to a fall in local currency.

The Producer Price Index (PPI) measures average changes in prices received by domestic producers for their output. It is a leading indicator of consumer price inflation, which accounts for the majority of overall inflation. Usually a rise in PPI will lead in a short time to a rise in CPI and therefore to a rising interest rates and rising currency. during recession, the producers are not able to roll over the rising cost of material to the consumer, so a rise in PPI will not be rolled over to the consumer but will lower the profitablility of the producer and will deepen the recession, that will lead to a fall in local currency.

The Retail Price Index was first calculated for June 1947 and was the principal official measure of inflation in the UK before the start of the CPI figure.The core RPI excludes mortgage payments, therefore its difference from CPI is minor, but exists. The impact on the currency may go both ways, a rise in inflation may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.

The Retail Price Index was first calculated for June 1947 and was the principal official measure of inflation in the UK before the start of the CPI figure.The core RPI excludes mortgage payments, therefore its difference from CPI is minor, but exists. The impact on the currency may go both ways, a rise in inflation may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

The Consumer Price Index (CPI, n.s.a) is an essential economic calendar event for the United Kingdom, providing critical information about the country's inflation status. The CPI measures the change in the prices of a specific basket of goods and services purchased by households over a particular time period. This economic indicator is a vital tool for evaluating the cost of living and purchasing power of consumers across the nation.

As a non-seasonally adjusted (n.s.a) figure, the CPI does not account for seasonal fluctuations in prices, such as holiday periods or seasonal changes in product demand. This allows for a more accurate reflection of current price trends, aiding policymakers and investors in making well-informed financial decisions. A higher-than-expected CPI reading may indicate increasing inflation, potentially leading to higher interest rates and a strengthening currency. Conversely, a lower-than-expected reading may point to a weakening currency and lower interest rates, as policymakers address the potential threat of deflation.

Producer Price Index (PPI) Input measures the change in the price of goods and raw materials purchased by manufacturers. The index is a leading indicator of consumer price inflation.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

Producer Price Index (PPI) Input measures the change in the price of goods and raw materials purchased by manufacturers. The index is a leading indicator of consumer price inflation.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

Producer Price Index (PPI) Output measures the change in the price of goods sold by manufacturers.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

Producer Price Index (PPI) Output measures the change in the price of goods sold by manufacturers.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

The Retail Price Index (RPI) measures the change in the price of goods and services purchased by consumers for the purpose of consumption. RPI differs from Consumer Price Inflation (CPI) in that it only measures goods and services bought for the purpose of consumption by the vast majority of households and includes housing costs, which are excluded from CPI.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

The Retail Price Index was first calculated for June 1947 and was the principal official measure of inflation in the UK before the start of the CPI figure. The main difference is that RPI includes mortgage interest payments as opposed to CPI which doesn't. . The impact on the currency may go both ways, a rise in inflation may lead to a rise in interest rates and a rise in local currency, on the other hand, during recession, a rise in CPI may lead to a deepened recession and therefore a fall in local currency.

The terms of a standardized loan are formally presented (usually in writing) to each party in the transaction before any money or property changes hands. If a lender requires any collateral, this will be stipulated in the loan documents as well. Most loans also have legal stipulations regarding the maximum amount of interest that can be charged, as well as other covenants such as the length of time before repayment is required. Loans can come from individuals, corporations, financial institutions and governments. They are a way to grow the overall money supply in an economy as well as open up competition, introduce new products and expand business operations. Loans are a primary source of revenue for many financial institutions such as banks, as well as some retailers through the use of credit facilities.

The Deposit Facility Rate is a key monetary policy tool used by the central bank of Indonesia, Bank Indonesia, to control the money supply in the economy. This economic calendar event involves the announcement of the interest rate paid by the central bank to commercial banks for their overnight deposits.

Commercial banks deposit their excess reserves with Bank Indonesia, and they are compensated with an interest known as the Deposit Facility Rate. When the rate is adjusted higher, it incentivizes banks to place more of their excess reserves with the central bank, thus reducing the amount of money available in the economy. Conversely, when the rate is lowered, it discourages banks from depositing excess funds and encourages them to lend more, which stimulates economic activity.

Market participants closely monitor changes in the Deposit Facility Rate since the interest rate decisions can significantly impact the Indonesian Rupiah's exchange rate, inflation, and overall economic growth. Changes in the deposit facility rate can also influence the direction of other short-term interest rates in the country, which then impacts borrowing costs for both businesses and consumers.

The Lending Facility Rate event is an important economic calendar indicator in Indonesia that reflects the central bank's policy rate. The rate is set by the Bank of Indonesia and effectively represents the interest rate charged to commercial banks for borrowing funds from the central bank.

Decisions on the lending facility rate are determined after a careful analysis of various factors, including inflation, overall economic growth, and global market conditions. Financial institutions, investors, and businesses closely monitor this rate, as changes can significantly impact the economy.

A higher lending facility rate can lead to increased borrowing costs for commercial banks, which, in turn, can reduce the availability of credit for businesses and consumers, slowing down economic growth. Conversely, a lower rate can stimulate economic activity by making borrowing less expensive, thereby encouraging investment and spending.

The Monetary Policy Committee votes on where to set the overnight interest rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected reading should be taken as positive/bullish for the IDR, while a lower than expected reading should be taken as negative/bearish for the IDR.

The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends.

A higher than expected reading should be taken as positive/bullish for the ZAR, while a lower than expected reading should be taken as negative/bearish for the ZAR.

The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes in purchasing trends.

A higher than expected reading should be taken as positive/bullish for the ZAR, while a lower than expected reading should be taken as negative/bearish for the ZAR.

The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. In other words, prices indicator of what is happening to prices, consumers are paying for items purchased. With a given starting point or base period which is usually taken as 100, the CPI can be used to compare current period consumer prices with those in the base period. Consumer Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys. A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.

The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. In other words, prices indicator of what is happening to prices, consumers are paying for items purchased. With a given starting point or base period which is usually taken as 100, the CPI can be used to compare current period consumer prices with those in the base period. Consumer Price index is the most frequently used indicator of and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer. The weights are usually derived from household expenditure surveys. A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.

M3 Money Supply measures the change in the total quantity of domestic currency in circulation and deposited in banks. An increasing supply of money leads to additional spending, which in turn leads to inflation.

WEF annual meetings are held in Davos and attended by central bankers, prime ministers, finance ministers, trade ministers, and business leaders from over 90 countries.

The International Energy Agency Monthly Oil Market Report covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance.

The Office for National Statistics House Price Index measures the change in the selling price of homes. This data tends to have a relatively mild impact because there are several earlier indicators related to house prices.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

The figures displayed in the calendar represent the yield on the Treasury Gilt auctioned.

U.K. Treasury Gilts have maturities up to 50 years. Governments issue treasuries to borrow money to cover the gap between the amount they receive in taxes and the amount they spend to refinance existing debt and/or to raise capital. The rate on a Treasury Gilt represents the return an investor will receive by holding the note for its entire duration. All bidders receive the same rate at the highest accepted bid.

Yield fluctuations should be monitored closely as an indicator of the government debt situation. Investors compare the average rate at auction to the rate at previous auctions of the same security.

The Confederation of British Industry (CBI) Industrial Trends Orders measures the economic expectations of the manufacturing executives in the U.K. It is a leading indicator of business conditions. A level above zero indicates order volume is expected to increase; a level below zero indicates expectations are for lower volumes. The reading is compiled from a survey of about 550 manufacturers.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

Retail trade refers to establishments that retail merchandise goods without processing to consumers for personal or domestic use. Statistics South Africa conducts a monthly survey of the retail trade industry, covering retail enterprises. This survey is based on a sample drawn from the 2004 Business Sample Frame (BSF) that contains businesses registered for value-added tax (VAT) and income tax. Retail trade sales include value added tax (VAT). A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.

The Residential Property Prices event tracks the changes in the sale prices of residential properties in Ireland. This important economic indicator serves as a gauge for the health and direction of the housing market in the country.

Accurate and up-to-date information on property prices can assist potential homebuyers, sellers, investors, and policymakers in making informed decisions. Factors such as supply and demand, interest rates, and economic conditions can impact property prices. An increase in residential property prices indicates a growing housing market and strong demand, while a decrease may suggest a weakening market with lowered demand.

Keep an eye on Ireland's Residential Property Prices event to better understand the current housing market trends and make well-informed decisions related to property investments and transactions.

The Residential Property Prices event is an important indicator for the real estate sector in Ireland. It provides insight into the selling prices of residential properties, including new and used homes, apartments, and townhouses. This event is closely monitored by economists, investors, and policymakers as it affects both the housing market and the overall economy.

Higher residential property prices may indicate a growing economy with increased demand for housing, while lower prices may signify a slowdown or recession. The data is also helpful for first-time homebuyers, property investors, and real estate professionals in making informed decisions.

It's worth mentioning that this event is subject to fluctuations based on factors such as supply and demand, interest rates, and government policies. Thus, it's crucial to analyze the data in context with other economic indicators for a comprehensive understanding of the Irish economy.

Monetary aggregates, known also as "money supply", is the quantity of currency available within the economy to purchase goods and services. M3 is a broad monetary aggregate that includes all physical currency circulating in the economy (banknotes and coins), operational deposits in central bank, money in current accounts, saving accounts, money market deposits, certificates of deposit, all other deposits and repurchase agreements. A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.

Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.

A higher than expected reading should be taken as positive/bullish for the MXN, while a lower than expected reading should be taken as negative/bearish for the MXN.

Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.

A higher than expected reading should be taken as positive/bullish for the MXN, while a lower than expected reading should be taken as negative/bearish for the MXN.

Fixed 30-year mortgage lending rates for 80% loan-to-value mortgage (source by MBA).

Mortgage Bankers Association (MBA) Mortgage Applications measures the change in the number of new applications for mortgages backed by the MBA during the reported week.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

MBA - Mortgage Bankers Association of America. The Purchase Index includes all mortgages applications for the purchase of a single-family home. It covers the entire market, both conventional and government loans, and all products. The Purchase Index has proven to be a reliable indicator of impending home sales.

MBA - Mortgage Bankers Association of America. The Market Index covers all mortgage applications during the week. This includes all conventional and government applications, all fixed-rate mortgages (FRMs), all adjustable-rate mortgages (ARMs), whether for a purchase or to refinance.

MBA - Mortgage Bankers Association of America. The Refinance Index covers all mortgage applications to refinance an existing mortgage. It is the best overall gauge of mortgage refinancing activity. The Refinance Index includes conventional and government refinances, regardless of product (FRM or ARM) or coupon rate refinanced into or out of. Seasonal factors are less significant in refinances than in home sales, however holiday effects are considerable.

Foreign capital actually utilized refers to the amount which has been actually used according to the agreements and contracts, including cash, materials and invisible capital such as labour service and technology which both parties agree to take as an investment.

A higher than expected reading should be taken as positive/bullish for the CNY , while a lower than expected reading should be taken as negative/bearish for the CNY.

The interest rate at which the private (sector) banks borrow rands from the SA Reserve Bank A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.

Prime overdraft rate (predominant rate) is th benchmark rate at which private banks lend out to the public.

The Industrial Product Price Index (IPPI) measures the change in the price of domestically produced goods sold by manufacturers.

>A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.