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Economic Weekly Calendar:12 June- 16 June'17

Tuesday, 13 June, 01:30pm (Local time)

Consumer Price Index (CPI); (GBP)

 Impact Level: High

Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;

Tuesday, 13 June, 05.30pm (Local time)

ISM Non-Manufacturing PMI (USD)

Impact Level: High

It's a leading indicator of consumer inflation - when producers charge more for goods and services the higher costs are usually passed on to the consumer;

Wednesday, 14 June, 01:30pm (Local time)

Average Earnings Including Bonuses (GBP)

Impact Level: High

It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer;

Wednesday, 14 June, 05:30am (Local time)

Consumer Price Index (CPI) (USD)

Impact Level: High

Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;

Wednesday, 14 June, 07:30pm (Local time)

Energy Information Administration (EIA) (GDP) (USD)

Impact Level: High

It influences the price of petroleum products which affects inflation, but also impacts growth as many industries rely on oil to produce goods.

Wednesday, 14 June, 11:00pm (Local time)

Federal Open Market Committee (FOMC) (USD)

Impact Level: High

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future;

Wednesday, 14 June, 11:00pm (Local time)

Federal Open Market Committee (FOMC)(USD)

Impact Level: High

It's among the primary methods the Fed uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, along with commentary about economic conditions such as the future growth outlook and inflation. Most importantly, it provides clues regarding future monetary policy.

Thursday, 15 June, 06:30am (Local time)

Employment Change (AUD)

Impact Level: High

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;

Thursday, 15 June, 06:30am (Local time)

Jobless Rate; (AUD)

Impact Level: High

although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions;

Thursday, 15 June, 12:30pm (Local time)

Swiss National Bank (SNB) (AUD)

Impact Level: High

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

Thursday, 15 June, 01:30pm (Local time)

Sales Volume, All Retailers sales (GBP)

Impact Level: High

It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.


Thursday, 15 June, 04:00am (Local time)

Bank of England (BOE)(GBP)

Impact Level: High

The BOE's MPC meeting minutes contain the interest rate vote for each MPC member during the most recent meeting. The breakdown of votes provides insight into which members are changing their stance on interest rates and how close the committee is to enacting a rate change in the future.

Thursday, 15 June, 04:00am (Local time)

Bank of England (BOE)(GBP)

Impact Level: High

It's among the primary tools the MPC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes;

Thursday, 15 June, 04:00am (Local time)

Bank of England (BOE)(GBP)

Impact Level: High

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

Thursday, 15 June, 05:30pm (Local time)

Unemployment claims (USD)

Impact Level: High

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.

Friday, 16 June, 01:30am (Local time)

Bank of England (BOE) (GBP)

Impact Level: High

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.

Friday, 16 June, Tentative (Local time)

Bank of Japan (BOJ) (JPY)

 Impact Level: High

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

Friday, 16 June, 5.30pm (Local time)

Residential Building Permits (USD)

 Impact Level: High

It's an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building.