Event Analysis

Description

:

-

Source

:

https://www.richmondfed.org/research/regional_economy/surveys_of_business_conditions/manufacturing

Next Release

:

2024-10-22

Measures

:

Level of a composite index based on surveyed manufacturers in Richmond

Usual Efect

:

'Actual' greater than 'Forecast' is good for currency

FF Notes

:

Above 0 indicates improving conditions, below indicates worsening conditions. Tends to have a muted impact because there are earlier regional indicators related to manufacturing conditions

Derived Via

:

Survey of about 75 manufacturers in the Richmond area which asks respondents to rate the relative level of business conditions including shipments, new orders, and employment

Also Called

:

Richmond Fed Index, Manufacturing Activity Index, Composite Manufacturing Index

Acro Expand

:

-

Why Traders Care

:

-

History

:

Description

:

-

Source

:

http://www.conference-board.org/data/consumerconfidence.cfm

Next Release

:

2024-10-29

Measures

:

Level of a composite index based on surveyed households

Usual Efect

:

'Actual' greater than 'Forecast' is good for currency

FF Notes

:

-

Derived Via

:

Survey of about 3,000 households which asks respondents to rate the relative level of current and future economic conditions including labor availability, business conditions, and overall economic situation

Also Called

:

-

Acro Expand

:

The Conference Board (CB)

Why Traders Care

:

Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity

History

:

Description

:

-

Source

:

https://www.fhfa.gov/data/hpi

Next Release

:

2024-10-29

Measures

:

Change in the purchase price of homes with mortgages backed by Fannie Mae and Freddie Mac

Usual Efect

:

'Actual' greater than 'Forecast' is good for currency

FF Notes

:

Source began m/m frequency in Mar 2008

Derived Via

:

-

Also Called

:

-

Acro Expand

:

House Price Index (HPI)

Why Traders Care

:

It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity

History

:

Description

:

-

Source

:

https://www.spglobal.com/spdji/en/indices/indicators/sp-corelogic-case-shiller-20-city-composite-home-price-nsa-index/#news-research

Next Release

:

2024-10-29

Measures

:

Change in the selling price of single-family homes in 20 metropolitan areas

Usual Efect

:

'Actual' greater than 'Forecast' is good for currency

FF Notes

:

This is one of the few non-seasonally adjusted numbers reported on the calendar, as it's the primary calculation for this indicator

Derived Via

:

-

Also Called

:

S&P Corelogic CS Indices

Acro Expand

:

Standard & Poor's (S&P), Case-Shiller (CS), House Price Index (HPI)

Why Traders Care

:

It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity

History

:

Description

:

-

Source

:

https://www.pmi.spglobal.com/Public/Release/PressReleases

Next Release

:

2024-10-24

Measures

:

Level of a diffusion index based on surveyed purchasing managers in the services industry

Usual Efect

:

'Actual' greater than 'Forecast' is good for currency

FF Notes

:

Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Nov 2013, is the earliest and thus tends to have the most impact

Derived Via

:

Survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories

Also Called

:

-

Acro Expand

:

Purchasing Managers' Index (PMI)

Why Traders Care

:

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy

History

:

Description

:

-

Source

:

https://www.pmi.spglobal.com/Public/Release/PressReleases

Next Release

:

2024-10-24

Measures

:

Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry

Usual Efect

:

'Actual' greater than 'Forecast' is good for currency

FF Notes

:

Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in May 2012, is the earliest and thus tends to have the most impact

Derived Via

:

Survey of about 800 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories

Also Called

:

-

Acro Expand

:

Purchasing Managers' Index (PMI)

Why Traders Care

:

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy

History

:

Description

:

-

Source

:

http://www.eia.doe.gov/oil_gas/natural_gas/ngs/ngs.html

Next Release

:

2024-09-26

Measures

:

Change in the number of cubic feet of natural gas held in underground storage during the past week

Usual Efect

:

'Actual' less than 'Forecast' is good for currency

FF Notes

:

Inventories are used to maintain price stability during supply shortages and periods of increasing demand

Derived Via

:

-

Also Called

:

Nat Gas Stocks, Nat Gas Inventories, Working Gas

Acro Expand

:

Energy Information Administration (EIA)

Why Traders Care

:

-

History

:

Description

:

-

Source

:

http://www.conference-board.org/data/bcicountry.cfm?cid=1

Next Release

:

2024-10-21

Measures

:

Change in the level of a composite index based on 10 economic indicators

Usual Efect

:

'Actual' greater than 'Forecast' is good for currency

FF Notes

:

This index is designed to predict the direction of the economy, but it tends to have a muted impact because most of the indicators used in the calculation are released previously. Source changed series calculation formula as of Jan 2012

Derived Via

:

Combined reading of 10 economic indicators related to employment, new orders, consumer confidence, housing, stock market prices, credit trends, and interest rate spreads

Also Called

:

Leading Indicators

Acro Expand

:

The Conference Board (CB)

Why Traders Care

:

-

History

:

Description

:

-

Source

:

https://www.nar.realtor/topics/existing-home-sales

Next Release

:

2024-10-23

Measures

:

Annualized number of residential buildings that were sold during the previous month, excluding new construction

Usual Efect

:

'Actual' greater than 'Forecast' is good for currency

FF Notes

:

While this is monthly data, it's reported in an annualized format (monthly figure x12)

Derived Via

:

-

Also Called

:

Home Resales

Acro Expand

:

-

Why Traders Care

:

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

History

:

Description

:

-

Source

:

https://www.dol.gov/newsroom/releases

Next Release

:

2024-09-26

Measures

:

The number of individuals who filed for unemployment insurance for the first time during the past week

Usual Efect

:

'Actual' less than 'Forecast' is good for currency

FF Notes

:

This is the nation's earliest economic data. The market impact fluctuates from week to week - there tends to be more focus on the release when traders need to diagnose recent developments, or when the reading is at extremes

Derived Via

:

-

Also Called

:

Jobless Claims, Initial Claims

Acro Expand

:

-

Why Traders Care

:

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

History

:

Description

:

-

Source

:

http://www.bea.gov/newsreleases/international/transactions/transnewsrelease.htm

Next Release

:

2024-12-18

Measures

:

Difference in value between imported and exported goods, services, income flows, and unilateral transfers during the previous quarter

Usual Efect

:

'Actual' greater than 'Forecast' is good for currency

FF Notes

:

The goods and services portion has no impact because it's a duplicate of the monthly Trade Balance data

Derived Via

:

-

Also Called

:

International Transactions

Acro Expand

:

-

Why Traders Care

:

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 country

History

:

Description

:

-

Source

:

https://www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey

Next Release

:

2024-10-17

Measures

:

Level of a diffusion index based on surveyed manufacturers in Philadelphia

Usual Efect

:

'Actual' greater than 'Forecast' is good for currency

FF Notes

:

Above 0.0 indicates improving conditions, below indicates worsening conditions

Derived Via

:

Survey of about 250 manufacturers in the Philadelphia Federal Reserve district which asks respondents to rate the relative level of general business conditions

Also Called

:

Philadelphia Fed Business Outlook Survey

Acro Expand

:

-

Why Traders Care

:

It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment

History

: