AKFOREX CALENDAR 11 NOVEMBER 2007 - 16 NOVEMBER 2007
Date: Saturday, November 10 @ 13:43:47 GMT
Topic: Forex Daily Forecast
CALENDAR 11 NOVEMBER 2007 – 16 NOVEMBER 2007
Sunday, November 11, 2007
-GMT 23:50 JPN CGPI (m/m), (Oct) EST 0.1% PREVIOUS -0.1%
-GMT 23:50 JPN CGPI (y/y), (Oct) EST 2.3% PREVIOUS 1.7%
Definition
The domestic corporate goods price index is classified into five groups based on the Japan Standard Industrial Classification and the Annual Census of Manufacturers with reference to the Standard Commodity Classification for Japan.
The indices measure monthly average changes of prices received by producers of commodities. The indices are referred to as domestic corporate goods price indexes by source. They cover products of manufacturing industries for domestic sale (imported goods are excluded). Prices are those of inter-enterprise transactions at the primary wholesalers stage or manufacturers' shipment prices in the case of commodities directly sold to users. They are net of discounts but include a consumption tax from April 1989.
-GMT 23:50 JPN Import prices (m/m), (Oct) EST 1.4% PREVIOUS -1.1%
-GMT 23:50 JPN Import prices (y/y), (Oct) EST 4.8% PREVIOUS 2.1%
-GMT 23:50 JPN Export prices (m/m), (Oct) EST 0.5% PREVIOUS -1.0%
-GMT 23:50 JPN Export prices (y/y), (Oct) EST -0.5% PREVIOUS -0.7%
Definition
The export and import price indexes measure the transaction prices of goods and services exported from or imported into Japan.
-GMT 23:50 JPN Current account (Yen), (Sep) EST 2689.2B PREVIOUS 2081.0B
-GMT 23:50 JPN Adjusted Current Account (Yen), (Sep) EST 2100.0B PREVIOUS 2193.2B
Definition
Balance of trade plus NET investment income & transfers. The difference between what the country earns and spends overseas. The ‘current account’ more specifically deals with the daily recurring transactions in the ordinary course of business. It involves international receipts & payments including trading receipts & payments, service receipts & payments and unilateral transfers such as payment of royalties, repatriation of after-tax profits & dividends, remittance of after-tax wages & other income by foreign employees and any payment of interest on foreign debts.
-GMT 23:50 JPN Balance of Trade (Yen), (Sep) EST 1715.3B PREVIOUS 892.2B
Definition
Balance of trade figures are the sum of the money gained by a given economy by selling exports, minus the cost of buying imports. They form part of the balance of payments, which also includes other transactions such as international investment. The figures are usually split into visible and invisible balance figures. The visible balance represents the physical goods, and invisible represents other forms of trade, e.g. the service economy.
A positive balance of trade is known as a trade surplus and consists of exporting more (in financial capital terms) than one imports. A negative balance of trade is known as a trade deficit and consists of importing more than one exports. Neither is necessarily dangerous in modern economies, although large trade surpluses or trade deficits may sometimes be a sign of other economic problems.
If the balance of trade is positive, then the economy has received more money than it has spent. This may appear to be a good thing but may not always be so.
Monday, November 12, 2007
-GMT 05:00 JPN Consumer Confidence (Oct) EST 45.5% PREVIOUS 44.1%
Definition
The Consumer Confidence index attempts to gauge consumers' feelings about the current condition of the economy and their expectations about the economy's future direction.
-GMT 09:30 UK PPI output (m/m), (Oct) EST 0.2% PREVIOUS 0.1%
-GMT 09:30 UK PPI output (y/y), (Oct) EST 2.2% PREVIOUS 2.7%
-GMT 09:30 UK PPI core (m/m), (Oct) EST 0.2% PREVIOUS 0.2%
-GMT 09:30 UK PPI core (y/y), (Oct) EST 2.2% PREVIOUS 2.2%
-GMT 09:30 UK PPI input (m/m), (Oct) EST 1.5% PREVIOUS 3.2%
-GMT 09:30 UK PPI input (y/y), (Oct) EST 7.0% PREVIOUS 6.4%
Definition
The PPI gauges the average changes in prices received by domestic producers for their output at all stages of processing. The PPI data is compiled from most sectors of the economy, such as manufacturing, mining and agriculture.
-USA-Veterans Day Holiday
-GMT 23:50 JPN GDP (q/q), (Q3 P) EST 0.5% PREVIOUS -0.3%
-GMT 23:50 JPN GDP Annualized (Q3 P) EST 1.8% PREVIOUS -1.2%
Definition
Gross Domestic Product (GDP) is the total value of final goods and services produced within a country's borders in a year. It is one of the measures of national income and output. It may be used as one indicator of the standard of living in a country, but there may be limitations with this view.
-GMT 23:50 JPN GDP Deflator (y/y), (Q3 P) EST -0.3% PREVIOUS -0.3%
Tuesday, November 13, 2007
-JAPAN- BOJ Rate Decision EST 0.50% PREVIOUS 0.50%
-GMT 06:00 JPN BOJ to Release Monthly Financial and Economic Report
-GMT 06:30 JPN BOJ Governor *****ui to Speak at Regular Press Conference
-GMT 07:00 GER GDP flash (q/q), (3Q) EST % PREVIOUS 0.3%
-GMT 07:00 GER GDP flash (y/y), (3Q) EST % PREVIOUS 2.5%
Definition
Gross Domestic Product (GDP) is the total value of final goods and services produced within a country's borders in a year. It is one of the measures of national income and output. It may be used as one indicator of the standard of living in a country, but there may be limitations with this view.
-GMT 09:30 UK CPI (m/m), (Oct) EST 0.3% PREVIOUS 0.1%
-GMT 09:30 UK CPI (y/y), (Oct) EST 1.9% PREVIOUS 1.8%
Definition
The consumer price index (CPI) gauges the average change in retail prices for a fixed market basket of goods and services. The CPI data is compiled from a sample of prices for food, shelter, clothing, fuel, transportation and medical services that people purchase on daily basis.
-GMT 09:30 UK CPI-Core (y/y), (Oct) EST 1.7% PREVIOUS 1.5%
Definition
This indicator is a derivative of the CPI that excludes the volatile Food and Energy items.
-GMT 10:00 GER ZEW index (Nov) EST -20.0 PREVIOUS -18.1
-GMT 10:00 GER ZEW current (Nov) EST 67.0 PREVIOUS 70.2
-GMT 10:00 GER Euro-Zone ZEW (Nov) EST -20.0 PREVIOUS -19.0
Definition
The ZEW works in the field of user-related empirical economic research. In this context it particularly distinguished itself nationally and internationally by analysing internationally comparative issues in the European context and by compiling scientifically important data bases.
The ZEW's duty is to carry out economic research, economic counseling and knowledge transfer. The institute focuses on decision-makers in politics, economics, and administration, scientists in the national and international arena as well as the interested public. Regular interviews on the situation on the financial markets and business-related service providers as well as large-scale annual studies on technological competitiveness of and innovation activities in the economy are representative of the different types of topical information provided by the ZEW.
The ZEW is subdivided into the following five research fields:
International Finance and Financial Management;
Labour Economics, Human Resources, and Social Policy;
Industrial Economics and International Management;
Corporate Taxation and Public Business Finance;
Environmental and Resource Economics, Eco-management.
-GMT 10:00 EU Industrial prod. (m/m), (Sep) EST -0.4% PREVIOUS 1.2%
-GMT 10:00 EU Industrial prod. (y/y), (Sep) EST 4.5% PREVIOUS 4.3%
Definition
Industrial production consists of the total output of a nation’s plants, utilities, and mines. From a fundamental point of view, it is an important economic indicator that reflects the strength of the economy, and by extrapolation, the strength of a specific currency.
-GMT 14:00 USA Pending Homes Sales (Sep) EST -2.0% PREVIOUS -6.5%
Wednesday, November 14, 2007
-GMT 07:00 GER CPI final (m/m), (Oct) EST % PREVIOUS 0.1%
-GMT 07:00 GER CPI final (y/y), (Oct) EST % PREVIOUS 2.4%
-GMT 07:00 GER HICP final (m/m), (Oct) EST % PREVIOUS 0.2%
-GMT 07:00 GER HICP final (y/y), (Oct) EST % PREVIOUS 2.7%
Definition
The consumer price index (CPI) gauges the average change in retail prices for a fixed market basket of goods and services. The CPI data is compiled from a sample of prices for food, shelter, clothing, fuel, transportation and medical services that people purchase on daily basis.
- GMT 09:30 UK Av. Earnings inc bonus (3Mo/Yr), (Jun) EST 4.0% PREVIOUS 3.7%
Definition
The Average Earnings Index (AEI) measures the average wage, including bonuses, paid to employees.
- GMT 09:30 UK Average Earnings ex bonus (3Mo/Yr), (Jun) EST 3.8% PREVIOUS 3.7%
Definition
The Average Earnings Index (AEE) measures the average wage, paid to employees
-GMT 09:30 UK Claimant count Rate (Jul) EST 2.6% PREVIOUS 2.6%
Definition
The Claimant Count measures the change in number of people claiming unemployment related benefits over the previous month.
-GMT 09:30 UK ILO Unemployment Rate (3Mo),(Jun) EST 5.4% PREVIOUS 5.4%
Definition
The percentage of the people classified as unemployed as compared to the total labor force.
-GMT 10:00 EU GDP flash (q/q), (3Q) EST 0.6% PREVIOUS 0.3%
-GMT 10:00 EU GDP flash (y/y), (3Q) EST 2.6% REVIOUS 2.5%
Definition
Gross Domestic Product (GDP) is the total value of final goods and services produced within a country's borders in a year. It is one of the measures of national income and output. It may be used as one indicator of the standard of living in a country, but there may be limitations with this view.
-GMT 10:30 UK Bank of England Quarterly Inflation Report
-GMT 13:30 USA PPI (m/m), (Oct) EST 0.2% PREVIOUS 1.1%
-GMT 13:30 USA PPI (y/y), (Oct) EST 6.4% PREVIOUS 4.4%
Definition
The PPI gauges the average changes in prices received by domestic producers for their output at all stages of processing. The PPI data is compiled from most sectors of the economy, such as manufacturing, mining and agriculture.
-GMT 13:30 USA PPI Core (m/m), (Oct) EST 0.2% PREVIOUS 0.1%
-GMT 13:30 USA PPI Core (y/y), (Oct) EST 2.6% PREVIOUS 2.0%
Definition
This indicator is a derivative of the PPI that excludes the volatile Food and Energy items.
-GMT 13:30 USA Retail Sales (m/m), (Oct) EST 0.2% PREVIOUS 0.6%
Definition
The retail sales report is a measure of the total receipts of retail stores from samples representing all sizes and kinds of business in retail trade throughout the nation. It is the most timely indicator of broad consumer spending patterns and is adjusted for normal seasonal variation, holidays, and trading-day differences. Retail sales include durable and nondurable merchandise sold, and services and excise taxes incidental to the sale of merchandise. Excluded are sales taxes collected directly from the customer. It also excludes spending for services, a large component of consumer expenditures. Retail sales is a the first picture of consumer spending for a given month. Retail sales are often viewed ex-autos, as auto sales can move sharply from month-to-month. Also, gas and food component changes are often a result of price changes rather than shifting consumer demand. Retail sales can be quite volatile and the advance reports are subject to large revisions.
-GMT 13:30 USA Retail Sales ex Autos (m/m), (Oct) EST 0.3% PREVIOUS 0.4%
Definition
This indicator is a derivative of Retail Sales that excludes the volatile Automobile Sales component.
-GMT 15:00 USA Business Inventories (m/m), (Sep) EST 0.3% PREVIOUS 0.1%
Definition
Business inventories consist of items produced and held for future sale.
-GMT 23:50 JPN Tertiary Industry Index (m/m), (Sep) EST -1.0% PREVIOUS 1.3%
-GMT 23:50 JPN Tertiary Industry Index (y/y), (Sep) EST 2.6% PREVIOUS 2.1%
Definition
The tertiary index measures activity in six industries: utilities, transport and telecommunications, wholesale and retail, finance and insurance, real estate and services.
Thursday, November 15, 2007
-GMT 09:30 UK Retail sales (m/m), (Oct) EST 0.1% PREVIOUS 0.6%
-GMT 09:30 UK Retail sales (y/y), (Oct) EST 4.8% PREVIOUS 6.3%
Definition
The retail sales report is a measure of the total receipts of retail stores from samples representing all sizes and kinds of business in retail trade throughout the nation. It is the most timely indicator of broad consumer spending patterns and is adjusted for normal seasonal variation, holidays, and trading-day differences. Retail sales include durable and nondurable merchandise sold, and services and excise taxes incidental to the sale of merchandise. Excluded are sales taxes collected directly from the customer. It also excludes spending for services, a large component of consumer expenditures. Retail sales is a the first picture of consumer spending for a given month. Retail sales are often viewed ex-autos, as auto sales can move sharply from month-to-month. Also, gas and food component changes are often a result of price changes rather than shifting consumer demand. Retail sales can be quite volatile and the advance reports are subject to large revisions.
-GMT 10:00 EU HICP core (y/y), (Oct) EST 1.9% PREVIOUS 1.8%
Definition
This indicator is a derivative of the CPI that excludes the volatile Food and Energy items.
-GMT 10:00 EU HICP final (m/m), (Oct) EST 0.5% PREVIOUS 0.4%
-GMT 10:00 EU HICP final (y/y), (Oct) EST 2.6% PREVIOUS 2.6%
Definition
The consumer price index (CPI) gauges the average change in retail prices for a fixed market basket of goods and services. The CPI data is compiled from a sample of
prices for food, shelter, clothing, fuel, transportation and medical services that people purchase on daily basis.
-GMT 13:30 USA CPI (m/m), (Oct) EST 0.3% PREVIOUS 0.3%
-GMT 13:30 USA CPI (y/y), (Oct) EST 3.5% PREVIOUS 2.8%
Definition
The consumer price index (CPI) gauges the average change in retail prices for a fixed market basket of goods and services. The CPI data is compiled from a sample of prices for food, shelter, clothing, fuel, transportation and medical services that people purchase on daily basis.
-GMT 13:30 USA CPI Core (m/m), (Oct) EST 0.2% PREVIOUS 0.2%
-GMT 13:30 USA CPI Core (y/y), (Oct) EST 2.2% PREVIOUS 2.1%
Definition
This indicator is a derivative of the CPI that excludes the volatile Food and Energy items.
-GMT 13:30 USA Initial claims EST 320k PREVIOUS 317k
Definition
New unemployment claims are compiled weekly to show the number of individuals who filed for unemployment insurance for the first time. An increasing (decreasing) trend suggests a deteriorating (improving) labor market. The four-week moving average of new claims smoothes out weekly volatility.
-GMT 13:30 USA Empire Manufacturing (Nov) EST 19.5 PREVIOUS 28.8
Definition
The New York Fed conducts this monthly survey of manufacturers in New York State. Participants from across the state represent a variety of industries. On the first of each month, the same pool of roughly 175 manufacturing executives (usually the CEO or the president) is sent a questionnaire to report the change in an assortment of indicators from the previous month. Respondents also give their views about the likely direction of these same indicators six months ahead. This index is seasonally
adjusted using the Philadelphia Fed's seasonal factors because its own history is not long enough with data only going back a couple of years.
-GMT 17:00 USA Philly Fed Survey (Nov) EST 5.0 PREVIOUS 6.8
Definition
A composite diffusion index of manufacturing conditions within the Philadelphia Federal Reserve district. This survey is widely followed as an indicator of manufacturing sector trends since it is correlated with the NAPM survey and the index of industrial production.
-GMT 23:50 JPN BoJ Meeting Minutes (Oct)
Friday, November 16, 2007
-GMT 05:00 JPN Leading indicator (Sep) EST PREVIOUS 27.3
-GMT 05:00 JPN Coincident indicator (Sep) EST 66.7 PREVIOUS 85.0
Definition
An economic indicator that generally moves in line with the general business cycle such as industrial production.
-GMT 10:00 EU Trade balance (Sep) EST bn PREVIOUS 1.3bn
Definition
Balance of trade figures are the sum of the money gained by a given economy by selling exports, minus the cost of buying imports. They form part of the balance of payments, which also includes other transactions such as international investment. The figures are usually split into visible and invisible balance figures. The visible
balance represents the physical goods, and invisible represents other forms of trade, e.g. the service economy.
A positive balance of trade is known as a trade surplus and consists of exporting more (in financial capital terms) than one imports. A negative balance of trade is known as a trade deficit and consists of importing more than one exports. Neither is necessarily dangerous in modern economies, although large trade surpluses or trade deficits may sometimes be a sign of other economic problems.
If the balance of trade is positive, then the economy has received more money than it has spent. This may appear to be a good thing but may not always be so.
-GMT 14:00 USA Net Foreign Security Purchases EST $75.0B PREVIOUS $163.0B
Definition
These Treasury data track the flows of financial instruments into and out of the United States. Instruments tracked include Treasury securities, agency securities, corporate bonds, and corporate equities.
-GMT 14:15 USA Industrial Prod (m/m), (Oct) EST 0.1% PREVIOUS 0.1%
Definition
Industrial production consists of the total output of a nation’s plants, utilities, and mines. From a fundamental point of view, it is an important economic indicator that reflects the strength of the economy, and by extrapolation, the strength of a specific currency.
-GMT 14:15 USA Capacity Util. (Oct) EST 82.1% PREVIOUS 82.1%
Definition
Capacity utilization consists of total industrial output divided by total production capability. The term refers to the maximum level of output a plant can generate under
normal business conditions. A normal “figure” for a steady economy is 81.5 percent. If the figure reads 85 percent or more, the data suggests that the industrial production is overheating, that the economy is close to full capacity. High capacity utilization rates precede inflation, and expectation in the foreign exchange market is that the central bank will raise interest rates in order to avoid or fight inflation.
While AKFOREX attempts to ensure the accuracy of these data by using sources it believes to be reliable, release dates, times, items included and content are frequently subject to change, error and ommissions. These data shall not be construed as a recommendation to buy or sell any security. AKFOREX shall not assume any legal liability or responsibility for any incorrect, misleading or altered information contained herein.
|
|