[{"year":"2024","date":"2024-04-16","time":"01:00am","currency":"EUR","impact":"Low Impact Expected","name":"German WPI m/m","actual":"0.2%","forecast":"0.1%","previous":"-0.1%","description":"","source":"https://www.destatis.de/EN/Home/","source_last_release":"https://www.destatis.de/SiteGlobals/Forms/Suche/Presse/EN/Pressesuche_Formular.html","next_release_date":"May 13, 2024","measures":"Change in the price of goods sold by wholesalers;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"","derived_via":"","also_called":"","acro_expand":"Wholesale Price Index (WPI);","why_traders_care":"It's a leading indicator of consumer inflation - when wholesalers charge more for goods and services the higher costs are usually passed on to the consumer;","history_data":"[{\"history\": \"Mar 13, 2024\", \"actual\": \"-0.1%\", \"forecast\": \"0.2%\", \"previous\": \"0.1%\"}, {\"history\": \"Feb 16, 2024\", \"actual\": \"0.1%\", \"forecast\": \"-0.4%\", \"previous\": \"-0.6%\"}, {\"history\": \"Jan 15, 2024\", \"actual\": \"-0.6%\", \"forecast\": \"0.2%\", \"previous\": \"-0.2%\"}, {\"history\": \"Dec 12, 2023\", \"actual\": \"-0.2%\", \"forecast\": \"-0.1%\", \"previous\": \"-0.7%\"}, {\"history\": \"Nov 15, 2023\", \"actual\": \"-0.7%\", \"forecast\": \"0.2%\", \"previous\": \"0.2%\"}]"},{"year":"2024","date":"2024-04-16","time":"01:00am","currency":"GBP","impact":"High Impact Expected","name":"Claimant Count Change","actual":"10.9K","forecast":"17.2K","previous":"4.1K","description":"","source":"https://www.gov.uk/government/statistics","source_last_release":"http://www.ons.gov.uk/ons/rel/lms/labour-market-statistics/index.html","next_release_date":"May 14, 2024","measures":"Change in the number of people claiming unemployment-related benefits during the previous month;","usual_effect":"'Actual' less than 'Forecast' is good for currency;","ff_notes":"It's the first indication of the employment situation, released a month earlier than the Unemployment Rate. Source changed series calculation formula as of Jun 2015;","derived_via":"","also_called":"Jobless Claims, Unemployment Change;","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_data":"[{\"history\": \"Mar 12, 2024\", \"actual\": \"16.8K\", \"forecast\": \"20.3K\", \"previous\": \"3.1K\"}, {\"history\": \"Feb 13, 2024\", \"actual\": \"14.1K\", \"forecast\": \"15.2K\", \"previous\": \"5.5K\"}, {\"history\": \"Jan 16, 2024\", \"actual\": \"11.7K\", \"forecast\": \"18.1K\", \"previous\": \"0.6K\"}, {\"history\": \"Dec 12, 2023\", \"actual\": \"16.0K\", \"forecast\": \"20.3K\", \"previous\": \"8.9K\"}, {\"history\": \"Nov 14, 2023\", \"actual\": \"17.8K\", \"forecast\": \"15.0K\", \"previous\": \"9.0K\"}]"},{"year":"2024","date":"2024-04-16","time":"01:00am","currency":"GBP","impact":"Medium Impact Expected","name":"Average Earnings Index 3m/y","actual":"5.6%","forecast":"5.5%","previous":"5.6%","description":"","source":"https://www.gov.uk/government/statistics","source_last_release":"http://www.ons.gov.uk/ons/rel/lms/labour-market-statistics/index.html","next_release_date":"May 14, 2024","measures":"Change in the price businesses and the government pay for labor, including bonuses;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"Data represents the 3-month moving average compared to the same period a year earlier. A figure that excludes bonuses is also released, but not included for lack of significance. Source changed series calculation formula as of Jan 2010;","derived_via":"","also_called":"Average Earnings Including Bonuses;","acro_expand":"","why_traders_care":"It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer;","history_data":"[{\"history\": \"Mar 12, 2024\", \"actual\": \"5.6%\", \"forecast\": \"5.7%\", \"previous\": \"5.8%\"}, {\"history\": \"Feb 13, 2024\", \"actual\": \"5.8%\", \"forecast\": \"5.6%\", \"previous\": \"6.7%\"}, {\"history\": \"Jan 16, 2024\", \"actual\": \"6.5%\", \"forecast\": \"6.8%\", \"previous\": \"7.2%\"}, {\"history\": \"Dec 12, 2023\", \"actual\": \"7.2%\", \"forecast\": \"7.7%\", \"previous\": \"8.0%\"}, {\"history\": \"Nov 14, 2023\", \"actual\": \"7.9%\", \"forecast\": \"7.4%\", \"previous\": \"8.2%\"}]"},{"year":"2024","date":"2024-04-16","time":"01:00am","currency":"GBP","impact":"Low Impact Expected","name":"Unemployment Rate","actual":"4.2%","forecast":"4.0%","previous":"3.9%","description":"","source":"https://www.gov.uk/government/statistics","source_last_release":"http://www.ons.gov.uk/ons/rel/lms/labour-market-statistics/index.html","next_release_date":"May 14, 2024","measures":"Percentage of total work force that is unemployed and actively seeking employment during the past 3 months;","usual_effect":"'Actual' less than 'Forecast' is good for currency;","ff_notes":"","derived_via":"","also_called":"ILO Unemployment Rate, Jobless Rate;","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_data":"[{\"history\": \"Mar 12, 2024\", \"actual\": \"3.9%\", \"forecast\": \"3.8%\", \"previous\": \"3.8%\"}, {\"history\": \"Feb 13, 2024\", \"actual\": \"3.8%\", \"forecast\": \"4.0%\", \"previous\": \"4.2%\"}, {\"history\": \"Jan 16, 2024\", \"actual\": \"4.2%\", \"forecast\": \"4.2%\", \"previous\": \"4.2%\"}, {\"history\": \"Dec 12, 2023\", \"actual\": \"4.2%\", \"forecast\": \"4.2%\", \"previous\": \"4.2%\"}, {\"history\": \"Nov 14, 2023\", \"actual\": \"4.2%\", \"forecast\": \"4.2%\", \"previous\": \"4.2%\"}]"},{"year":"2024","date":"2024-04-16","time":"04:00am","currency":"EUR","impact":"Low Impact Expected","name":"Italian Trade Balance","actual":"6.03B","forecast":"3.44B","previous":"2.50B","description":"","source":"https://www.istat.it/en/","source_last_release":"https://www.istat.it/en/external-trade","next_release_date":"May 13, 2024","measures":"Difference in value between imported and exported goods during the reported month;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"A positive number indicates that more goods were exported than imported. 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":"","acro_expand":"","why_traders_care":"","history_data":"[{\"history\": \"Mar 15, 2024\", \"actual\": \"2.66B\", \"forecast\": \"6.22B\", \"previous\": \"5.53B\"}, {\"history\": \"Feb 15, 2024\", \"actual\": \"5.61B\", \"forecast\": \"3.65B\", \"previous\": \"3.88B\"}, {\"history\": \"Jan 15, 2024\", \"actual\": \"3.89B\", \"forecast\": \"5.20B\", \"previous\": \"4.73B\"}, {\"history\": \"Dec 15, 2023\", \"actual\": \"4.70B\", \"forecast\": \"3.45B\", \"previous\": \"2.39B\"}, {\"history\": \"Nov 16, 2023\", \"actual\": \"2.35B\", \"forecast\": \"3.45B\", \"previous\": \"1.95B\"}]"},{"year":"2024","date":"2024-04-16","time":"04:00am","currency":"EUR","impact":"Low Impact Expected","name":"Trade Balance","actual":"17.9B","forecast":"27.3B","previous":"27.1B","description":"","source":"https://ec.europa.eu/eurostat/web/main/home","source_last_release":"https://ec.europa.eu/eurostat/news/euro-indicators","next_release_date":"May 21, 2024","measures":"Difference in value between imported and exported goods and services during the reported month;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. Tends to have a muted impact because Germany and France, which account for about half of the Eurozone's economy, release earlier trade data. A positive Trade Balance indicates that more goods and services were exported than imported;","derived_via":"","also_called":"","acro_expand":"","why_traders_care":"","history_data":"[{\"history\": \"Mar 18, 2024\", \"actual\": \"28.1B\", \"forecast\": \"14.2B\", \"previous\": \"14.3B\"}, {\"history\": \"Feb 15, 2024\", \"actual\": \"13.0B\", \"forecast\": \"15.7B\", \"previous\": \"15.1B\"}, {\"history\": \"Jan 15, 2024\", \"actual\": \"14.8B\", \"forecast\": \"11.2B\", \"previous\": \"11.1B\"}, {\"history\": \"Dec 15, 2023\", \"actual\": \"10.9B\", \"forecast\": \"10.3B\", \"previous\": \"8.7B\"}, {\"history\": \"Nov 15, 2023\", \"actual\": \"9.2B\", \"forecast\": \"6.6B\", \"previous\": \"11.1B\"}]"},{"year":"2024","date":"2024-04-16","time":"04:00am","currency":"EUR","impact":"Low Impact Expected","name":"German ZEW Economic Sentiment","actual":"42.9","forecast":"35.9","previous":"31.7","description":"","source":"https://www.zew.de/en","source_last_release":"http://www.zew.de/en/presse/pressearchiv/","next_release_date":"May 14, 2024","measures":"Level of a diffusion index based on surveyed German institutional investors and analysts;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"Above 0.0 indicates optimism, below indicates pessimism;","derived_via":"Survey of about 300 German institutional investors and analysts which asks respondents to rate the relative 6-month economic outlook for Germany;","also_called":"","acro_expand":"Zentrum fur Europaische Wirtschaftsforschung (ZEW);","why_traders_care":"It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity;","history_data":"[{\"history\": \"Mar 19, 2024\", \"actual\": \"31.7\", \"forecast\": \"20.6\", \"previous\": \"19.9\"}, {\"history\": \"Feb 13, 2024\", \"actual\": \"19.9\", \"forecast\": \"17.4\", \"previous\": \"15.2\"}, {\"history\": \"Jan 16, 2024\", \"actual\": \"15.2\", \"forecast\": \"11.6\", \"previous\": \"12.8\"}, {\"history\": \"Dec 12, 2023\", \"actual\": \"12.8\", \"forecast\": \"9.6\", \"previous\": \"9.8\"}, {\"history\": \"Nov 14, 2023\", \"actual\": \"9.8\", \"forecast\": \"4.9\", \"previous\": \"-1.1\"}]"},{"year":"2024","date":"2024-04-16","time":"04:00am","currency":"EUR","impact":"Low Impact Expected","name":"ZEW Economic Sentiment","actual":"43.9","forecast":"37.8","previous":"33.5","description":"","source":"https://www.zew.de/en","source_last_release":"http://www.zew.de/en/presse/pressearchiv/","next_release_date":"May 14, 2024","measures":"Level of a diffusion index based on surveyed German institutional investors and analysts;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"Above 0.0 indicates optimism, below indicates pessimism. The ZEW survey is historically focused on the German economy, and Germany tends to lead the Eurozone economy, so this overall Eurozone outlook tends to be overshadowed by the German data released at the same time;","derived_via":"Survey of about 275 German institutional investors and analysts which asks respondents to rate the relative 6-month economic outlook for the Eurozone;","also_called":"","acro_expand":"Zentrum fur Europaische Wirtschaftsforschung (ZEW);","why_traders_care":"It's a leading indicator of economic health - investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity;","history_data":"[{\"history\": \"Mar 19, 2024\", \"actual\": \"33.5\", \"forecast\": \"25.4\", \"previous\": \"25.0\"}, {\"history\": \"Feb 13, 2024\", \"actual\": \"25.0\", \"forecast\": \"20.1\", \"previous\": \"22.7\"}, {\"history\": \"Jan 16, 2024\", \"actual\": \"22.7\", \"forecast\": \"20.2\", \"previous\": \"23.0\"}, {\"history\": \"Dec 12, 2023\", \"actual\": \"23.0\", \"forecast\": \"13.3\", \"previous\": \"13.8\"}, {\"history\": \"Nov 14, 2023\", \"actual\": \"13.8\", \"forecast\": \"6.1\", \"previous\": \"2.3\"}]"},{"year":"2024","date":"2024-04-16","time":"07:15am","currency":"CAD","impact":"Low Impact Expected","name":"Housing Starts","actual":"242K","forecast":"244K","previous":"260K","description":"","source":"https://www.cmhc-schl.gc.ca/en","source_last_release":"https://www.cmhc-schl.gc.ca/en/media-newsroom","next_release_date":"May 15, 2024","measures":"Annualized number of new residential buildings that began construction during the previous month;","usual_effect":"'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":"","acro_expand":"Canada Mortgage and Housing Corporation (CMHC);","why_traders_care":"It's a leading indicator of economic health because building construction produces a wide-reaching ripple effect.  For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder;","history_data":"[{\"history\": \"Mar 15, 2024\", \"actual\": \"253K\", \"forecast\": \"227K\", \"previous\": \"223K\"}, {\"history\": \"Feb 15, 2024\", \"actual\": \"224K\", \"forecast\": \"236K\", \"previous\": \"249K\"}, {\"history\": \"Jan 16, 2024\", \"actual\": \"249K\", \"forecast\": \"245K\", \"previous\": \"211K\"}, {\"history\": \"Dec 15, 2023\", \"actual\": \"213K\", \"forecast\": \"262K\", \"previous\": \"272K\"}, {\"history\": \"Nov 16, 2023\", \"actual\": \"275K\", \"forecast\": \"255K\", \"previous\": \"271K\"}]"},{"year":"2024","date":"2024-04-16","time":"07:30am","currency":"CAD","impact":"High Impact Expected","name":"CPI m/m","actual":"0.6%","forecast":"0.7%","previous":"0.3%","description":"","source":"https://www.statcan.gc.ca/en/","source_last_release":"https://www150.statcan.gc.ca/n1/dai-quo/index-eng.htm?HPA=1","next_release_date":"May 21, 2024","measures":"Change in the price of goods and services purchased by consumers;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"This is the most important inflation-related release due to its earliness and broad scope. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported;","derived_via":"The average price of various goods and services are sampled and then compared to the previous sampling;","also_called":"All Items CPI;","acro_expand":"Consumer Price Index (CPI);","why_traders_care":"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;","history_data":"[{\"history\": \"Mar 19, 2024\", \"actual\": \"0.3%\", \"forecast\": \"0.6%\", \"previous\": \"0.0%\"}, {\"history\": \"Feb 20, 2024\", \"actual\": \"0.0%\", \"forecast\": \"0.4%\", \"previous\": \"-0.3%\"}, {\"history\": \"Jan 16, 2024\", \"actual\": \"-0.3%\", \"forecast\": \"-0.3%\", \"previous\": \"0.1%\"}, {\"history\": \"Dec 19, 2023\", \"actual\": \"0.1%\", \"forecast\": \"-0.1%\", \"previous\": \"0.1%\"}, {\"history\": \"Nov 21, 2023\", \"actual\": \"0.1%\", \"forecast\": \"0.1%\", \"previous\": \"-0.1%\"}]"},{"year":"2024","date":"2024-04-16","time":"07:30am","currency":"CAD","impact":"High Impact Expected","name":"Median CPI y/y","actual":"2.8%","forecast":"3.0%","previous":"3.0%","description":"","source":"https://www.statcan.gc.ca/en/","source_last_release":"https://www150.statcan.gc.ca/n1/dai-quo/index-eng.htm?HPA=1","next_release_date":"May 21, 2024","measures":"Change in the median price of goods and services purchased by consumers;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"Source first released in Dec 2016;","derived_via":"The average price of various goods and services are sampled and then compared to the previous sampling;","also_called":"","acro_expand":"Consumer Price Index (CPI);","why_traders_care":"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;","history_data":"[{\"history\": \"Mar 19, 2024\", \"actual\": \"3.1%\", \"forecast\": \"3.3%\", \"previous\": \"3.3%\"}, {\"history\": \"Feb 20, 2024\", \"actual\": \"3.3%\", \"forecast\": \"3.6%\", \"previous\": \"3.5%\"}, {\"history\": \"Jan 16, 2024\", \"actual\": \"3.6%\", \"forecast\": \"3.3%\", \"previous\": \"3.6%\"}, {\"history\": \"Dec 19, 2023\", \"actual\": \"3.4%\", \"forecast\": \"3.3%\", \"previous\": \"3.4%\"}, {\"history\": \"Nov 21, 2023\", \"actual\": \"3.6%\", \"forecast\": \"3.6%\", \"previous\": \"3.9%\"}]"},{"year":"2024","date":"2024-04-16","time":"07:30am","currency":"CAD","impact":"High Impact Expected","name":"Trimmed CPI y/y","actual":"3.1%","forecast":"3.2%","previous":"3.2%","description":"","source":"https://www.statcan.gc.ca/en/","source_last_release":"https://www150.statcan.gc.ca/n1/dai-quo/index-eng.htm?HPA=1","next_release_date":"May 21, 2024","measures":"Change in the price of goods and services purchased by consumers, excluding the most volatile 40% of items;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"Source first released in Dec 2016;","derived_via":"The average price of various goods and services are sampled and then compared to the previous sampling;","also_called":"","acro_expand":"Consumer Price Index (CPI);","why_traders_care":"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;","history_data":"[{\"history\": \"Mar 19, 2024\", \"actual\": \"3.2%\", \"forecast\": \"3.4%\", \"previous\": \"3.4%\"}, {\"history\": \"Feb 20, 2024\", \"actual\": \"3.4%\", \"forecast\": \"3.6%\", \"previous\": \"3.7%\"}, {\"history\": \"Jan 16, 2024\", \"actual\": \"3.7%\", \"forecast\": \"3.4%\", \"previous\": \"3.5%\"}, {\"history\": \"Dec 19, 2023\", \"actual\": \"3.5%\", \"forecast\": \"3.4%\", \"previous\": \"3.5%\"}, {\"history\": \"Nov 21, 2023\", \"actual\": \"3.5%\", \"forecast\": \"3.6%\", \"previous\": \"3.7%\"}]"},{"year":"2024","date":"2024-04-16","time":"07:30am","currency":"CAD","impact":"Medium Impact Expected","name":"Common CPI y/y","actual":"2.9%","forecast":"3.1%","previous":"3.1%","description":"","source":"https://www.statcan.gc.ca/en/","source_last_release":"https://www150.statcan.gc.ca/n1/dai-quo/index-eng.htm?HPA=1","next_release_date":"May 21, 2024","measures":"Change in the price of goods and services, purchased by consumers, which have similar price variations over time;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"Source first released in Dec 2016;","derived_via":"The average price of various goods and services are sampled and then compared to the previous sampling;","also_called":"","acro_expand":"Consumer Price Index (CPI);","why_traders_care":"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;","history_data":"[{\"history\": \"Mar 19, 2024\", \"actual\": \"3.1%\", \"forecast\": \"3.4%\", \"previous\": \"3.3%\"}, {\"history\": \"Feb 20, 2024\", \"actual\": \"3.4%\", \"forecast\": \"3.8%\", \"previous\": \"3.9%\"}, {\"history\": \"Jan 16, 2024\", \"actual\": \"3.9%\", \"forecast\": \"3.8%\", \"previous\": \"3.9%\"}, {\"history\": \"Dec 19, 2023\", \"actual\": \"3.9%\", \"forecast\": \"4.0%\", \"previous\": \"4.2%\"}, {\"history\": \"Nov 21, 2023\", \"actual\": \"4.2%\", \"forecast\": \"4.3%\", \"previous\": \"4.4%\"}]"},{"year":"2024","date":"2024-04-16","time":"07:30am","currency":"CAD","impact":"Low Impact Expected","name":"Core CPI m/m","actual":"0.5%","forecast":"","previous":"0.1%","description":"","source":"https://www.statcan.gc.ca/en/","source_last_release":"https://www150.statcan.gc.ca/n1/dai-quo/index-eng.htm?HPA=1","next_release_date":"May 21, 2024","measures":"Change in the price of goods and services purchased by consumers, excluding the 8 most volatile items;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"Volatile items account for about a quarter of CPI but they tend to be very volatile and distort the underlying trend. This is among the few non-seasonally adjusted numbers reported on the calendar, as it's the calculation most commonly reported;","derived_via":"","also_called":"CPI Ex Volatile Items;","acro_expand":"Consumer Price Index (CPI);","why_traders_care":"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;","history_data":"[{\"history\": \"Mar 19, 2024\", \"actual\": \"0.1%\", \"forecast\": \"\", \"previous\": \"0.1%\"}, {\"history\": \"Feb 20, 2024\", \"actual\": \"0.1%\", \"forecast\": \"\", \"previous\": \"-0.5%\"}, {\"history\": \"Jan 16, 2024\", \"actual\": \"-0.5%\", \"forecast\": \"\", \"previous\": \"0.1%\"}, {\"history\": \"Dec 19, 2023\", \"actual\": \"0.1%\", \"forecast\": \"\", \"previous\": \"0.3%\"}, {\"history\": \"Nov 21, 2023\", \"actual\": \"0.3%\", \"forecast\": \"\", \"previous\": \"-0.1%\"}]"},{"year":"2024","date":"2024-04-16","time":"07:30am","currency":"USD","impact":"Medium Impact Expected","name":"Building Permits","actual":"1.46M","forecast":"1.51M","previous":"1.52M","description":"","source":"https://www.census.gov/","source_last_release":"https://www.census.gov/construction/bps/","next_release_date":"May 16, 2024","measures":"Annualized number of new residential building permits issued during the previous month;","usual_effect":"'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":"Residential Building Permits;","acro_expand":"","why_traders_care":"It's an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building;","history_data":"[{\"history\": \"Mar 19, 2024\", \"actual\": \"1.52M\", \"forecast\": \"1.50M\", \"previous\": \"1.49M\"}, {\"history\": \"Feb 16, 2024\", \"actual\": \"1.47M\", \"forecast\": \"1.51M\", \"previous\": \"1.49M\"}, {\"history\": \"Jan 18, 2024\", \"actual\": \"1.50M\", \"forecast\": \"1.47M\", \"previous\": \"1.47M\"}, {\"history\": \"Dec 19, 2023\", \"actual\": \"1.46M\", \"forecast\": \"1.47M\", \"previous\": \"1.50M\"}, {\"history\": \"Nov 17, 2023\", \"actual\": \"1.49M\", \"forecast\": \"1.45M\", \"previous\": \"1.47M\"}]"},{"year":"2024","date":"2024-04-16","time":"07:30am","currency":"USD","impact":"Low Impact Expected","name":"Housing Starts","actual":"1.32M","forecast":"1.48M","previous":"1.55M","description":"","source":"https://www.census.gov/","source_last_release":"http://www.census.gov/starts","next_release_date":"May 16, 2024","measures":"Annualized number of new residential buildings that began construction during the previous month;","usual_effect":"'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). This data is slightly overshadowed by Building Permits because they are tightly correlated and a permit must be issued before a house can begin construction;","derived_via":"","also_called":"","acro_expand":"","why_traders_care":"It's a leading indicator of economic health because building construction produces a wide-reaching ripple effect.  For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder;","history_data":"[{\"history\": \"Mar 19, 2024\", \"actual\": \"1.52M\", \"forecast\": \"1.43M\", \"previous\": \"1.37M\"}, {\"history\": \"Feb 16, 2024\", \"actual\": \"1.33M\", \"forecast\": \"1.45M\", \"previous\": \"1.56M\"}, {\"history\": \"Jan 18, 2024\", \"actual\": \"1.46M\", \"forecast\": \"1.43M\", \"previous\": \"1.53M\"}, {\"history\": \"Dec 19, 2023\", \"actual\": \"1.56M\", \"forecast\": \"1.36M\", \"previous\": \"1.36M\"}, {\"history\": \"Nov 17, 2023\", \"actual\": \"1.37M\", \"forecast\": \"1.35M\", \"previous\": \"1.35M\"}]"},{"year":"2024","date":"2024-04-16","time":"08:00am","currency":"USD","impact":"Low Impact Expected","name":"FOMC Member Jefferson Speaks","actual":"","forecast":"","previous":"","description":"Due to speak at the Fed's International Research Forum on Monetary Policy, in Washington DC;","source":"https://www.federalreserve.gov/","source_last_release":"https://www.federalreserve.gov/newsevents/speeches.htm","next_release_date":"","measures":"","usual_effect":"More hawkish than expected is good for currency;","ff_notes":"FOMC voting member May 2022 - Jan 2036;","derived_via":"","also_called":"","acro_expand":"Federal Open Market Committee (FOMC);","why_traders_care":"Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy;","history_data":"[]"},{"year":"2024","date":"2024-04-16","time":"08:15am","currency":"USD","impact":"Medium Impact Expected","name":"Industrial Production m/m","actual":"0.4%","forecast":"0.4%","previous":"0.4%","description":"","source":"https://www.federalreserve.gov/","source_last_release":"http://www.federalreserve.gov/releases/g17/current/default.htm","next_release_date":"May 16, 2024","measures":"Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"","derived_via":"","also_called":"Factory Output;","acro_expand":"","why_traders_care":"It's a leading indicator of economic health - production reacts quickly to ups and downs in the business cycle and is correlated with consumer conditions such as employment levels and earnings;","history_data":"[{\"history\": \"Mar 15, 2024\", \"actual\": \"0.1%\", \"forecast\": \"0.0%\", \"previous\": \"-0.5%\"}, {\"history\": \"Feb 15, 2024\", \"actual\": \"-0.1%\", \"forecast\": \"0.2%\", \"previous\": \"0.0%\"}, {\"history\": \"Jan 17, 2024\", \"actual\": \"0.1%\", \"forecast\": \"-0.1%\", \"previous\": \"0.0%\"}, {\"history\": \"Dec 15, 2023\", \"actual\": \"0.2%\", \"forecast\": \"0.3%\", \"previous\": \"-0.9%\"}, {\"history\": \"Nov 16, 2023\", \"actual\": \"-0.6%\", \"forecast\": \"-0.4%\", \"previous\": \"0.1%\"}]"},{"year":"2024","date":"2024-04-16","time":"08:15am","currency":"USD","impact":"Low Impact Expected","name":"Capacity Utilization Rate","actual":"78.4%","forecast":"78.5%","previous":"78.2%","description":"","source":"https://www.federalreserve.gov/","source_last_release":"http://www.federalreserve.gov/releases/g17/current/default.htm","next_release_date":"May 16, 2024","measures":"Percentage of available resources being utilized by manufacturers, mines, and utilities;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"","derived_via":"","also_called":"","acro_expand":"","why_traders_care":"It's a leading indicator of consumer inflation - when producers are nearing full capacity they respond by raising prices, and the higher costs are usually passed on to the consumer;","history_data":"[{\"history\": \"Mar 15, 2024\", \"actual\": \"78.3%\", \"forecast\": \"78.5%\", \"previous\": \"78.3%\"}, {\"history\": \"Feb 15, 2024\", \"actual\": \"78.5%\", \"forecast\": \"78.8%\", \"previous\": \"78.7%\"}, {\"history\": \"Jan 17, 2024\", \"actual\": \"78.6%\", \"forecast\": \"78.7%\", \"previous\": \"78.6%\"}, {\"history\": \"Dec 15, 2023\", \"actual\": \"78.8%\", \"forecast\": \"79.1%\", \"previous\": \"78.7%\"}, {\"history\": \"Nov 16, 2023\", \"actual\": \"78.9%\", \"forecast\": \"79.4%\", \"previous\": \"79.5%\"}]"},{"year":"2024","date":"2024-04-16","time":"08:30am","currency":"GBP","impact":"Low Impact Expected","name":"CB Leading Index m/m","actual":"-0.3%","forecast":"","previous":"0.0%","description":"","source":"https://www.conference-board.org/","source_last_release":"http://www.conference-board.org/data/bcicountry.cfm?cid=2","next_release_date":"May 14, 2024","measures":"Change in the level of a composite index based on 7 economic indicators;","usual_effect":"'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;","derived_via":"Combined reading of 7 economic indicators related to production, new orders, consumer confidence, stock prices, and interest rate spreads;","also_called":"Leading Indicators;","acro_expand":"The Conference Board (CB);","why_traders_care":"","history_data":"[{\"history\": \"Mar 12, 2024\", \"actual\": \"-0.3%\", \"forecast\": \"\", \"previous\": \"-0.3%\"}, {\"history\": \"Feb 14, 2024\", \"actual\": \"-0.1%\", \"forecast\": \"\", \"previous\": \"-0.3%\"}, {\"history\": \"Jan 19, 2024\", \"actual\": \"-0.1%\", \"forecast\": \"\", \"previous\": \"-0.5%\"}, {\"history\": \"Dec 13, 2023\", \"actual\": \"-0.5%\", \"forecast\": \"\", \"previous\": \"-0.4%\"}, {\"history\": \"Nov 13, 2023\", \"actual\": \"-0.4%\", \"forecast\": \"\", \"previous\": \"-0.7%\"}]"},{"year":"2024","date":"2024-04-16","time":"Day 2","currency":"All","impact":"Low Impact Expected","name":"IMF Meetings","actual":"","forecast":"","previous":"","description":"Due to meet about a range of global economic issues, including inflation, economic impact of the wars in Gaza and Ukraine, and the impact of artificial intelligence on the world economy, in Washington DC;","source":"https://www.imf.org/","source_last_release":"http://www.imf.org/external/am/index.htm","next_release_date":"Apr 17, 2024","measures":"","usual_effect":"","ff_notes":"IMF meetings are usually held twice a year and are attended by the representatives of IMF and the World Bank. Meetings are open to the press and officials usually talk with reporters throughout the day. A formal statement covering policy shifts and meeting objectives is released after the meetings have concluded. Both the comments and statement can create market volatility;","derived_via":"","also_called":"","acro_expand":"International Monetary Fund (IMF);","why_traders_care":"","history_data":"[]"},{"year":"2024","date":"2024-04-16","time":"09:17am","currency":"NZD","impact":"Low Impact Expected","name":"GDT Price Index","actual":"0.1%","forecast":"","previous":"2.8%","description":"","source":"https://www.globaldairytrade.info/","source_last_release":"https://www.globaldairytrade.info/en/product-results/","next_release_date":"May 7, 2024","measures":"Change in the average price of dairy products sold at auction;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"Source does not give an exact release time - this event will be listed as 'Tentative' until the data is released. Source changed release frequency from monthly to twice per month as of Sep 2010;","derived_via":"The weighted-average price of the 9 dairy products sold at auction are sampled and then compared to the previous sampling;","also_called":"","acro_expand":"GlobalDairyTrade (GDT);","why_traders_care":"It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income;","history_data":"[{\"history\": \"Apr 2, 2024\", \"actual\": \"2.8%\", \"forecast\": \"\", \"previous\": \"-2.8%\"}, {\"history\": \"Mar 19, 2024\", \"actual\": \"-2.8%\", \"forecast\": \"\", \"previous\": \"-2.3%\"}, {\"history\": \"Mar 5, 2024\", \"actual\": \"-2.3%\", \"forecast\": \"\", \"previous\": \"0.5%\"}, {\"history\": \"Feb 20, 2024\", \"actual\": \"0.5%\", \"forecast\": \"\", \"previous\": \"4.2%\"}, {\"history\": \"Feb 6, 2024\", \"actual\": \"4.2%\", \"forecast\": \"\", \"previous\": \"2.3%\"}]"},{"year":"2024","date":"2024-04-16","time":"09:30am","currency":"AUD","impact":"Low Impact Expected","name":"CB Leading Index m/m","actual":"-0.3%","forecast":"","previous":"0.3%","description":"","source":"https://www.conference-board.org/","source_last_release":"http://www.conference-board.org/data/bcicountry.cfm?cid=7","next_release_date":"May 15, 2024","measures":"Change in the level of a composite index based on 7 economic indicators;","usual_effect":"'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;","derived_via":"Combined reading of 7 economic indicators related to money supply, building approvals, profits, exports, inventories, and interest rate spreads;","also_called":"Leading Indicators;","acro_expand":"The Conference Board (CB);","why_traders_care":"","history_data":"[{\"history\": \"Mar 20, 2024\", \"actual\": \"0.2%\", \"forecast\": \"\", \"previous\": \"0.4%\"}, {\"history\": \"Feb 15, 2024\", \"actual\": \"0.3%\", \"forecast\": \"\", \"previous\": \"0.0%\"}, {\"history\": \"Jan 18, 2024\", \"actual\": \"0.2%\", \"forecast\": \"\", \"previous\": \"-0.3%\"}, {\"history\": \"Dec 22, 2023\", \"actual\": \"-0.3%\", \"forecast\": \"\", \"previous\": \"-0.6%\"}, {\"history\": \"Nov 20, 2023\", \"actual\": \"-0.3%\", \"forecast\": \"\", \"previous\": \"-0.3%\"}]"},{"year":"2024","date":"2024-04-16","time":"09:30am","currency":"EUR","impact":"Low Impact Expected","name":"German Buba President Nagel Speaks","actual":"","forecast":"","previous":"","description":"Due to participate in a panel discussion titled \"Digital Euro: Vision, Advancements and Challenges\" at the Massachusetts Institute of Technology, in Cambridge;","source":"https://www.bundesbank.de/en","source_last_release":"https://www.bundesbank.de/en/press/speeches","next_release_date":"Apr 18, 2024","measures":"","usual_effect":"More hawkish than expected is good for currency;","ff_notes":"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;","derived_via":"","also_called":"","acro_expand":"Deutsche Bundesbank (Buba), European Central Bank (ECB);","why_traders_care":"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;","history_data":"[]"},{"year":"2024","date":"2024-04-16","time":"11:30am","currency":"USD","impact":"Low Impact Expected","name":"FOMC Member Williams Speaks","actual":"","forecast":"","previous":"","description":"Due to participate in a panel discussion at the Economic Club of New York. Audience questions expected;","source":"https://www.newyorkfed.org/","source_last_release":"https://www.newyorkfed.org/press/index.html#speeches","next_release_date":"Apr 18, 2024","measures":"","usual_effect":"More hawkish than expected is good for currency;","ff_notes":"FOMC voting member 2012, 2015, 2018, 2019, 2020, 2021, 2022, 2023, and 2024. In Jun 2018 his title changed from Federal Reserve Bank of San Francisco President to Federal Reserve Bank of New York President;","derived_via":"","also_called":"","acro_expand":"Federal Open Market Committee (FOMC);","why_traders_care":"Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy;","history_data":"[]"},{"year":"2024","date":"2024-04-16","time":"12:00pm","currency":"GBP","impact":"High Impact Expected","name":"BOE Gov Bailey Speaks","actual":"","forecast":"","previous":"","description":"Due to speak at the International Monetary Fund Spring Meetings, in Washington DC;","source":"https://www.bankofengland.co.uk/","source_last_release":"https://www.bankofengland.co.uk/news/speeches","next_release_date":"Apr 17, 2024","measures":"","usual_effect":"More hawkish than expected is good for currency;","ff_notes":"BOE Governor Mar 2020 - Mar 2028. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues;","derived_via":"","also_called":"","acro_expand":"Bank of England (BOE);","why_traders_care":"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;","history_data":"[]"},{"year":"2024","date":"2024-04-16","time":"12:00pm","currency":"USD","impact":"Medium Impact Expected","name":"FOMC Member Barkin Speaks","actual":"","forecast":"","previous":"","description":"Due to speak about the economic outlook at the Rotary Club of Winston-Salem, in North Carolina.  Audience questions expected;","source":"https://www.richmondfed.org/","source_last_release":"https://www.richmondfed.org/press_room/speeches","next_release_date":"","measures":"","usual_effect":"More hawkish than expected is good for currency;","ff_notes":"FOMC voting member 2018, 2021, and 2024;","derived_via":"","also_called":"","acro_expand":"Federal Open Market Committee (FOMC);","why_traders_care":"Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy;","history_data":"[]"},{"year":"2024","date":"2024-04-16","time":"12:15pm","currency":"CAD","impact":"High Impact Expected","name":"BOC Gov Macklem Speaks","actual":"","forecast":"","previous":"","description":"Due to participate in a fireside chat about economic trends in North America at the Wilson Center’s Washington Forum, in Washington DC;","source":"https://www.bankofcanada.ca/","source_last_release":"https://www.bankofcanada.ca/press/speeches/?profile_post%5B%5D=13399","next_release_date":"May 1, 2024","measures":"","usual_effect":"More hawkish than expected is good for currency;","ff_notes":"BOC Governor Jun 2020 - Jun 2027. Volatility is sometimes experienced during his speeches as traders attempt to decipher interest rate clues;","derived_via":"","also_called":"","acro_expand":"Bank of Canada (BOC);","why_traders_care":"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;","history_data":"[]"},{"year":"2024","date":"2024-04-16","time":"12:15pm","currency":"USD","impact":"High Impact Expected","name":"Fed Chair Powell Speaks","actual":"","forecast":"","previous":"","description":"Due to participate in a fireside chat about economic trends in North America at the Wilson Center’s Washington Forum, in Washington DC;","source":"https://www.federalreserve.gov/","source_last_release":"https://www.federalreserve.gov/newsevents/speeches.htm","next_release_date":"","measures":"","usual_effect":"More hawkish than expected is good for currency;","ff_notes":"Fed Chair Feb 2018 - Feb 2026. Fed Governor May 2012 - Jan 2018. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues;","derived_via":"","also_called":"","acro_expand":"Federal Reserve (Fed);","why_traders_care":"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;","history_data":"[]"},{"year":"2024","date":"2024-04-16","time":"03:00pm","currency":"CAD","impact":"Low Impact Expected","name":"Annual Budget Release","actual":"","forecast":"","previous":"","description":"","source":"https://www.canada.ca/en/department-finance.html","source_last_release":"https://www.canada.ca/en/department-finance.html","next_release_date":"","measures":"","usual_effect":"","ff_notes":"This document outlines the Federal government's budget for the year, including expected spending and income levels, borrowing levels, financial objectives, and planned investments;","derived_via":"","also_called":"","acro_expand":"","why_traders_care":"Domestic government spending and borrowing levels can have a significant impact on the economy - increased spending generates work for contractors and creates jobs, while borrowing levels impact the nations credit rating and provide insight into the nation's underlying fiscal position;","history_data":"[]"},{"year":"2024","date":"2024-04-16","time":"05:45pm","currency":"NZD","impact":"High Impact Expected","name":"CPI q/q","actual":"0.6%","forecast":"0.6%","previous":"0.5%","description":"","source":"https://www.stats.govt.nz/","source_last_release":"https://www.stats.govt.nz/insights?filters=Consumers%20price%20index%20%28CPI%29%2CInformation%20releases","next_release_date":"Jul 16, 2024","measures":"Change in the price of goods and services purchased by consumers;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"This is extremely late relative to inflation data from other countries, but it's the primary gauge of consumer prices and tends to create hefty market impacts;","derived_via":"The average price of various goods and services are sampled and then compared to the previous sampling;","also_called":"","acro_expand":"Consumer Price Index (CPI);","why_traders_care":"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;","history_data":"[{\"history\": \"Jan 23, 2024\", \"actual\": \"0.5%\", \"forecast\": \"0.5%\", \"previous\": \"1.8%\"}, {\"history\": \"Oct 16, 2023\", \"actual\": \"1.8%\", \"forecast\": \"1.9%\", \"previous\": \"1.1%\"}, {\"history\": \"Jul 18, 2023\", \"actual\": \"1.1%\", \"forecast\": \"0.9%\", \"previous\": \"1.2%\"}, {\"history\": \"Apr 19, 2023\", \"actual\": \"1.2%\", \"forecast\": \"1.5%\", \"previous\": \"1.4%\"}, {\"history\": \"Jan 24, 2023\", \"actual\": \"1.4%\", \"forecast\": \"1.3%\", \"previous\": \"2.2%\"}]"},{"year":"2024","date":"2024-04-16","time":"06:50pm","currency":"JPY","impact":"Low Impact Expected","name":"Trade Balance","actual":"-0.70T","forecast":"-0.30T","previous":"-0.57T","description":"","source":"https://www.mof.go.jp/english/index.htm","source_last_release":"https://www.customs.go.jp/toukei/shinbun/sadj_e.html","next_release_date":"May 14, 2024","measures":"Difference in value between imported and exported goods during the reported month;","usual_effect":"'Actual' greater than 'Forecast' is good for currency;","ff_notes":"This is the seasonally adjusted data (as most FF numbers are), not to be confused with the non-seasonally adjusted number reported by some news agencies. A positive number indicates that more goods were exported than imported;","derived_via":"","also_called":"Adjusted Merchandise Trade Balance;","acro_expand":"","why_traders_care":"Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports.  Export demand also impacts production and prices at domestic manufacturers;","history_data":"[{\"history\": \"Mar 20, 2024\", \"actual\": \"-0.45T\", \"forecast\": \"-0.83T\", \"previous\": \"0.01T\"}, {\"history\": \"Feb 20, 2024\", \"actual\": \"0.24T\", \"forecast\": \"-0.23T\", \"previous\": \"-0.44T\"}, {\"history\": \"Jan 23, 2024\", \"actual\": \"-0.41T\", \"forecast\": \"-0.45T\", \"previous\": \"-0.35T\"}, {\"history\": \"Dec 19, 2023\", \"actual\": \"-0.41T\", \"forecast\": \"-0.76T\", \"previous\": \"-0.50T\"}, {\"history\": \"Nov 15, 2023\", \"actual\": \"-0.46T\", \"forecast\": \"-0.69T\", \"previous\": \"-0.42T\"}]"},{"year":"2024","date":"2024-04-16","time":"07:30pm","currency":"AUD","impact":"Low Impact Expected","name":"MI Leading Index m/m","actual":"-0.1%","forecast":"","previous":"0.1%","description":"","source":"https://melbourneinstitute.unimelb.edu.au/","source_last_release":"http://melbourneinstitute.unimelb.edu.au/publications/macroeconomic-reports/media-releases","next_release_date":"May 28, 2024","measures":"Change in the level of a composite index based on 9 economic indicators;","usual_effect":"'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. Full reports are only available to Melbourne Institute subscribers;","derived_via":"Combined reading of 9 economic indicators related to consumer confidence, housing, stock market prices, unemployment expectations, hours worked, commodity prices, and interest rate spreads;","also_called":"Westpac/MI Indexes of Economic Activity, Westpac Leading Index;","acro_expand":"Melbourne Institute (MI);","why_traders_care":"","history_data":"[{\"history\": \"Mar 26, 2024\", \"actual\": \"0.1%\", \"forecast\": \"\", \"previous\": \"-0.1%\"}, {\"history\": \"Feb 20, 2024\", \"actual\": \"-0.1%\", \"forecast\": \"\", \"previous\": \"0.0%\"}, {\"history\": \"Jan 23, 2024\", \"actual\": \"0.0%\", \"forecast\": \"\", \"previous\": \"0.1%\"}, {\"history\": \"Dec 19, 2023\", \"actual\": \"0.1%\", \"forecast\": \"\", \"previous\": \"0.0%\"}, {\"history\": \"Nov 21, 2023\", \"actual\": \"0.0%\", \"forecast\": \"\", \"previous\": \"0.1%\"}]"}]