FX.co ★ Traders economic calendar. Period: Today

Total Vehicle Sales measures the annualized number of new vehicles sold domestically in the reported month. It is an important indicator of consumer spending and is also correlated to consumer confidence.

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.

The Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

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

Reserve Bank of Australia (RBA) board members come to a consensus on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.

A higher than expected rate is positive/bullish for the AUD, while a lower than expected rate is negative/bearish for the AUD.

The Reserve Bank of Australia's (RBA) monthly rate statement contains the outcome of bank's interest rate decision and discusses the economic conditions that influenced the decision. It can also give investors clues to the outcome of future decisions.

A more dovish than expected statement could be taken as negative/bearish for the AUD, while a more hawkish than expected statement could be taken as positive/bullish for the AUD.

The Riyad Bank Composite Purchasing Managers' Index (PMI) provides a reflection of the economic health of the non-oil private sector in Saudi Arabia. It is a composite index derived from monthly surveys of private sector companies covering areas such as new orders, production, employment, supplier deliveries, and inventories. A PMI above 50 indicates expansion in the non-oil private sector, while a reading below 50 indicates contraction. The index is widely monitored by economists, policymakers, and investors as it is considered a leading indicator of economic activity and business conditions in Saudi Arabia's non-oil sectors. The PMI is crucial for identifying trends in the economy, informing decision-making, and providing insights into future economic performance.

The Reserve Bank of Australia's (RBA) quarterly monetary policy statement provides valuable insight into the bank's perspective on economic conditions and inflation.

The Producer Price Index (PPI) is designed to monitor changes in prices of items at the first important commercial transactions. Producer Price Index (PPI) measures a change in the prices of goods and services, over a span of time, either as they leave their place of production or as they enter the production process. PPI measures a change in the prices received by domestic producers for their outputs or the change in the prices paid by domestic producers for their intermediate inputs.

European Central Bank (ECB) President Christine Lagarde (November 2019 - October 2027) is to speak. As head of the ECB, which sets short term interest rates, she has a major influence over the value of the euro. Traders watch her speeches closely as they are often used to drop subtle hints regarding future monetary policy and interest rate shifts. Her comments may determine a short-term positive or negative trend.

The French Government Budget Balance measures the difference in value between the government's income and expenditure for the year-to-date. A negative number indicates a budget deficit, while a positive number indicates a surplus.

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

The Trade Balance index measures the difference in worth between exported and imported goods over the reported month. Export demand is directly linked to currency demand, while export demand also has an impact on production levels.

Spanish Unemployment Change measures the change in the number of unemployed people during the previous month. A higher than expected reading should be taken as negative/bearish for the EUR, while lower than expected reading should be taken as positive/bullish for the EUR.

The consumer price index (CPI) is a measure of change in the general level of prices of goods and services bought by households over a specified period of time. It compares a household's cost for a specific basket of finished goods and services with the cost of the same basket during an earlier benchmark period. The consumer price index is used as a measurement of inflation and is a key economic figure. Likely impact: 1) Interest Rates: Larger-than-expected quarterly increase in price inflation or increasing trend is considered inflationary; this will cause bond prices to drop and yields and interest rates to rise. 2) Stock Prices: Higher than expected price inflation is bearish on the stock market as higher inflation will lead to higher interest rates. 3) Exchange Rates: High inflation has an uncertain effect. It would lead to depreciation as higher prices mean lower competitiveness. Conversely, higher inflation causes higher interest rates and a tighter monetary policy that leads to an appreciation.

The figures displayed in the calendar represent the average yield on the Letras del Tesoro auctioned.

Spanish Bills have maturities of less then two 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 yield on the Letras del Tesoro represents the return an investor will receive by holding the treasury 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 figures displayed in the calendar represent the average yield on the Letras del Tesoro auctioned.

Spanish Bills have maturities of less then two 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 yield on the Letras del Tesoro represents the return an investor will receive by holding the treasury 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.

European Central Bank (ECB) President Christine Lagarde (November 2019 - October 2027) is to speak. As head of the ECB, which sets short term interest rates, she has a major influence over the value of the euro. Traders watch her speeches closely as they are often used to drop subtle hints regarding future monetary policy and interest rate shifts. Her comments may determine a short-term positive or negative trend.

The figures displayed in the calendar represent the average yield on the Schatz note auctioned.

German Schatz notes have maturities of two 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 yield on the Schatz represents the return an investor will receive by holding the treasury 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 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.

Michelle W. Bowman took office as a member of the Board of Governors of the Federal Reserve System on November 26, 2018, to fill an unexpired term ending January 31, 2020. Her public engagements are often used to drop subtle clues regarding future monetary policy.

Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

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

Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

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

The consumer confidence index is based on interviews with consumers about their perceptions of the country's current and future economic situation and their tendencies to purchase. The performance of the economy of a country is reflected in macro-economic variables, such as the gross national product, external debt, interest rates, foreign exchange rates, imports, exports, stock market prices, inflation rates, real wages, unemployment rate, and so on. The state of the economy is also reflected in the micro-behavior of the consumers. The attitudes and behaviors of individual consumers affect the performance of the economy. For example, if they believe that the economy is heading in a certain direction, then they would make their savings or spending plans according.

Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in 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.

This economic calendar event refers to a public speaking engagement by one of the Members of the Bank of England's (BoE) Financial Stability Committee, Sarah Breeden. These engagements may include speeches, panel discussions or testimony before parliament.

When BoE Breeden speaks, her remarks can provide valuable insight into both the current state of the UK economy and the Bank's monetary policy stance. Market participants, such as traders and investors, pay close attention to her speeches, as they may contain hints about potential shifts in monetary policy which can have a significant impact on financial markets and currency exchange rates.

The car registrations published by the European Automobile Manufacturers’ Association (ACEA) describe the number of new passenger car registrations in the United Kingdom. If the number increases, this is a sign of increasing consumption. At the same time, British carmakers are earning more money, leading to rising profits. This generally boosts the economy - and vice versa. If car registrations are higher than expected, this usually leads to a rising pound (GBP) exchange rate on the currency markets. Conversely, the pound exchange rate (GBP) falls if new registrations are lower than expected or if expectations are missed.

The exports number provides the total US dollar amount of merchandise exports. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.

The Imports number measures any good or service brought into one country from another country in a legitimate fashion, typically for use in trade. Import goods or services are provided to domestic consumers by foreign producers. A lower than expected number should be taken as positive to the USD, while a higher than expected number as negative.

The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.

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.

The car registrations published by the European Automobile Manufacturers’ Association (ACEA) describe the number of new passenger car registrations in Italy. If the number increases, this is a sign of increasing consumption. At the same time, Italian carmakers are earning more money, leading to rising profits. This generally boosts the economy - and vice versa. If car registrations are higher than expected, this usually leads to a rising euro (EUR) exchange rate on the currency markets. Conversely, the euro exchange rate (EUR) falls if new registrations are lower than expected or if expectations are missed.

The Redbook Index is a sales-weighted of year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9,000 stores. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative.

Exports of goods and services consist of transactions in goods and services (sales, barter, gifts or grants) from residents to non-residents. Exports free on board (f.o.b.) and imports cost insurance freight (c.i.f.) are, in general, customs statistics reported under the general trade statistics according to the recommendations of the UN International Trade Statistics. For some countries imports are reported as f.o.b. instead of c.i.f. which is generally accepted. When reporting imports as f.o.b. you will have the effect of reducing the value of imports by the amount of the cost of insurance and freight.

Currency Reserves is an economic calendar event in Denmark that represents the total value of a country's foreign currency holdings and assets, including foreign banknotes, government bonds, gold reserves, and special drawing rights at the International Monetary Fund (IMF).

Foreign currency reserves are primarily held to facilitate international transactions, promote economic stability, and maintain a country's reputation in the global economy. A high level of currency reserves can help the Danish government stabilize the exchange rate and support the national currency in times of economic volatility.

Investors and analysts pay close attention to currency reserves data, as changes in these reserves can influence the relative value of the national currency, affect domestic interest rates, and impact the overall economic outlook. Sudden movements in currency reserves may signal potential government intervention in the foreign exchange market or adjustments to monetary policy.

The Investor's Business Daily (IBD), TechnoMetrica Institute of Policy and Politics (TIPP) Economic Optimism Index rates the relative level of economic conditions, including six-month economic outlook, personal financial outlook and confidence in federal economic policies. A level above 50.0 indicates optimism; below indicates pessimism.

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.

The Cbank CoD Rate is an economic calendar event in Denmark that refers to the interest rate on short-term debt instruments issued by the country's central bank, also known as the certificate of deposit rate. This rate can affect borrowing costs for businesses and consumers, and influence investment decisions, as it plays a significant role in determining the overall direction of interest rates in the Danish economy.

A change in the Cbank CoD Rate may signal a change in monetary policy, reflecting the central bank's stance on inflation and economic growth. When the central bank increases the CoD rate, borrowing becomes more expensive, which could potentially slow down economic growth and inflation. Conversely, a decrease in the rate may stimulate economic activity and might lead to higher inflation.

Investors, analysts, and businesses closely monitor changes in the Cbank CoD Rate, as it can provide critical insight into the central bank's future policy decisions, as well as the general health and direction of the Danish economy. As a time-sensitive economic event, market participants should keep a close eye on announcements and decisions related to the Cbank CoD Rate.

The Current Account Rate is one of Denmark's key economic indicators that measures the difference between the country's total imports and exports of goods and services, as well as transfers and net income from investments across national borders.

A positive Current Account Rate indicates that Denmark has a trade surplus, which means that the value of its exported goods and services exceeds the value of its imports. On the other hand, a negative Current Account Rate implies that Denmark has a trade deficit, with higher import values than its exports.

This economic calendar event is important for financial market participants, since it provides insights into the country's trade balance, as well as its overall economic health and growth prospects. Investors, businesses, and policymakers closely monitor the Current Account Rate to make informed decisions about their investments and economic policies.

The discount rate is a key economic event for Denmark, as it affects the nation's borrowing costs, investments, and overall financial markets. This significant monetary policy tool, set by Danmarks Nationalbank, represents the interest rate charged to commercial banks for short-term loans.

In addition to influencing the cost of borrowing for businesses and households, the discount rate also impacts the money supply, inflation, and employment. A higher rate typically restricts the money supply, while a lower rate encourages economic growth and lending activity. The bank's adjustments to the rate stem from its aims to ensure price stability and maintain the stability of the Danish krone.

Investors and financial analysts keep a close watch on changes to the discount rate, as it has important implications for the trajectory of economic growth and future policy decisions. As a result, fluctuations in the rate can lead to shifts in market sentiment and market performance. To stay informed about the economy and make educated financial decisions, it is crucial to monitor the discount rate's development.

The Denmark Lending Rate is a key economic calendar event that highlights the interest rate set by the Danmarks Nationalbank, which is the country's central bank. This rate affects the cost of borrowing for financial institutions, and in turn, influences various facets of the Danish economy.

When the central bank adjusts the lending rate, it can either boost economic growth by encouraging borrowing and investment or curb inflation by making borrowing more expensive. As a result, changes in the lending rate can cause significant shifts in various financial markets, including stocks, bonds, and currency exchange rates.

Investors, traders, and businesses closely monitor this event as it provides valuable insight into the stance of Denmark's monetary policy and the overall economic health of the country.

Deutsche Bundesbank President and voting member of the ECB Governing Council from Jan 2022. He's believed to be one of the most influential members of the council. ECB Governing Council members vote on where to set the Eurozone's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.

OPEC Crude Oil Production Algeria (Barrel) is an economic event that highlights the oil production in barrels for the country of Algeria. As a member of the Organization of the Petroleum Exporting Countries (OPEC), Algeria's oil production plays a crucial role in the global oil market. The data on barrels produced reflects the efficiency and potential of the country's oil industry, influencing oil prices worldwide.

Investors and traders closely monitor Algeria's crude oil production, as it may impact the global supply and demand of oil, thus affecting oil prices and potentially leading to fluctuations in the financial markets. This event is significant for understanding global oil market dynamics and the overall health of the energy sector.

The OPEC Crude Oil Production Congo (Barrel) is an economic calendar event that reports the number of barrels produced by the Congo throughout the Organization of the Petroleum Exporting Countries (OPEC). This data provides valuable insight into the country's oil production capabilities and its contribution to the overall oil reserves within the OPEC bloc,

Monitoring the Congo's oil production rates is essential as changes in oil supply can significantly impact global oil prices and affect energy markets. In addition, trends in oil production can also influence economic policies, investment decisions, and business strategies for companies within the oil and gas industry.

This economic calendar event refers to the measurement of crude oil production in Gabon, a member country of the Organization of the Petroleum Exporting Countries (OPEC). The data is reported in barrels and tracks the changes in oil production levels within a specific period.

The production levels of crude oil are significant for the global oil market and can impact the prices of oil. Higher production levels tend to exert downward pressure on oil prices, while lower production levels can result in price increases. Traders and investors often keep an eye on OPEC production numbers to gauge the direction of the oil market and make investment decisions accordingly.

In addition to influencing oil prices, crude oil production levels also reflect the economic health of a country, as it can be a significant contributor to overall GDP for oil-producing nations like Gabon. Consequently, tracking these production figures can provide insights for investors interested in the country's economy.

The OPEC Crude Oil Production Iran (Barrel) event represents the monthly update on the total quantity of crude oil produced by Iran, measured in barrels. This figure is significant because it provides insights into the oil production capacity of one of the largest OPEC (Organization of the Petroleum Exporting Countries) members. Changes in Iran's oil production can affect global oil prices and have a profound impact on both the global economy and financial markets.

The monthly OPEC Crude Oil Production Iraq (Barrel) report refers to the crude oil production volumes of Iraq as part of the Organization of the Petroleum Exporting Countries (OPEC). This data represents the number of barrels of crude oil produced per day in Iraq and is usually released by the OPEC. The production levels are significant because Iraq holds some of the largest proven oil reserves in the world.

An increase in Iraq's crude oil production typically indicates a boost in the country's economic growth, as it is one of the main drivers of its GDP. However, it can also influence global oil prices, as Iraq contributes a significant share to OPEC's overall production. Market participants monitor changes in Iraq's oil production for insights into potential shifts in the balance between oil supply and demand.

The OPEC Crude Oil Production Kuwait (Barrel) is an economic calendar event that reports the number of barrels of crude oil produced in Kuwait by the Organization of the Petroleum Exporting Countries (OPEC) members. The event takes place monthly, with data being presented in barrels per day.

Oil production levels are important indicators of the energy industry's performance and contribute significantly to the global economy. As Kuwait is one of the world's largest oil producers and a key member of OPEC, changes in the country's production levels can influence crude oil prices, affecting global energy market trends and industry developments.

Traders, investors, and analysts closely monitor this event to identify possible changes in crude oil supply and demand and make informed decisions regarding investments, future market directions, and risk management strategies. The event can also offer insights into OPEC's broader policy and decisions concerning crude oil production quotas.

The OPEC Crude Oil Production Libya (Barrel) is an economic calendar event that focuses on the total crude oil production in Libya, by the Organization of Petroleum Exporting Countries (OPEC). This figure, measured in barrels, serves as an important indicator of the country's oil production levels, as well as its ability to contribute to the overall stability of global oil market.

Libya, being an active member of OPEC, plays a significant role in the global oil market. Therefore, the data from this event has the potential to influence oil prices and affect worldwide energy strategies. Investors and market participants closely monitor OPEC Crude Oil Production Libya figures, as it provides insights into the country's oil sector performance and adds valuable information to make informed decisions in the energy industry.

The OPEC Crude Oil Production Nigeria (Barrel) is an economic calendar event that represents the total production of crude oil in Nigeria, measured in barrels. Nigeria is a key member of the Organization of the Petroleum Exporting Countries (OPEC), and this data offers insights into the country's crude oil output, which plays a significant role in global oil supply and prices.

It is essential for investors, businesses, and policymakers to monitor this metric, as it influences global oil markets and impacts Nigeria's economic growth. Fluctuations in oil production may be due to factors like geopolitical tensions, infrastructure challenges, or production quota changes within OPEC. An increase in production could potentially lower oil prices, while a decrease could lead to higher prices and may affect nations that rely heavily on oil imports.

The OPEC Crude Oil Production UAE (Barrel) is an economic calendar event that indicates the volume of crude oil produced by the United Arab Emirates (UAE) as part of the Organization of the Petroleum Exporting Countries (OPEC). This data is reported in barrels, which is a unit of volume commonly used in the global oil industry.

Oil production statistics are important for understanding the overall health of the oil market, as well as the stability of the global economy. The UAE is one of the top oil producers within OPEC, which is a group of oil-exporting countries that seeks to coordinate their policies to ensure market stability, efficient production, and fair pricing for producers and consumers. Tracking the UAE's crude oil production can help investors and analysts make informed decisions about the oil industry and its potential impact on other sectors of the global economy.

The OPEC Crude Oil Production Venezuela (Barrel) is an important economic calendar event that represents the total production of crude oil in Venezuela, measured in barrels. Venezuela is a member of the Organization of the Petroleum Exporting Countries (OPEC), and its oil production significantly influences the dynamics of global oil supply and demand.

Monitoring changes in this event can help investors and financial analysts to better understand the trends in Venezuela's oil industry, assess the impact of geopolitical events on the country's production, and formulate informed decisions in the energy market. A decline in oil production might suggest higher oil prices and signal a potential shortage, whereas an increase might indicate a future glut, potentially driving prices down.