Usual effect: The previous rate was 0.8%, and we expect this rate to increase to 1.3%. An amount higher than expected will positively affect the currency. ▶️This data is a leading indicator of consumer inflation. Higher costs are usually passed on to consumers when businesses pay higher wages for labor.
Usual effect: The previous rate was 3.7%, and we expect this rate to decrease to 3.3%. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️Consumer prices account for the majority of inflation. Inflation is essential for currency valuation because rising prices cause the central bank to raise interest rates to curb inflation.
Usual effect: The previous rate was 0.4%, and we expect this rate to decrease to 0.1%. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️Consumer prices account for the majority of inflation. Inflation is essential for currency valuation because rising prices cause the central bank to raise interest rates to curb inflation.
Usual effect: The previous rate was 0.3%, and we expect this rate to remain constant at 0.3%. An amount higher than expected will positively affect the currency. ▶️This rate is issued monthly. ▶️Food and energy prices account for about a quarter of the CPI. However, these prices are highly volatile and distort the underlying trend. The FOMC and traders usually pay more attention to the underlying data. Consumer prices account for the majority of inflation. Inflation is essential for currency valuation because rising prices cause the central bank to raise interest rates to curb inflation.
Usual effect: If the speech is more hawkish than expected, it will positively affect the CHF. ▶️Speaker: Thomas Jordan ▶️The market will experience a lot of volatility during Jordan's speech as traders try to decipher the interest rate clues. Jordan has more influence on the country's currency than anyone else as the central bank head, which controls short-term interest rates. Traders observe his public speeches and often use them to provide clues about future monetary policy.
Usual effect: The previous rate was 8.1%, and we expect this rate to decrease to 7.5%. An amount higher than expected will positively affect the currency. ▶️This rate is issued monthly. ▶️This data is a leading indicator of consumer inflation. Higher costs are usually passed on to consumers when businesses pay more for labor.
Usual effect: The previous rate was 20.4K, and we expect this rate to decrease to 15.0 K. An amount lower than expected will positively affect the currency. ▶️This rate is issued monthly. ▶️Although unemployment claims are generally considered a lagging indicator, the number of unemployed people is a significant signal of the economy's general health because consumer spending is closely related to labor market conditions. Unemployment is also a concern for those who handle the country's monetary policy.
Usual effect: The previous rate was 1. An amount higher than expected will positively affect the currency. ▶️Above 0 shows the improvement of conditions, and below 0 indicates the conditions' deterioration. ▶️This data is 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.
Usual effect: The previous rate was 2310B, and we expect this rate to decrease to 660 B. An amount higher than expected will positively affect the CNY. ▶️This data is issued monthly. ▶️Borrowing and spending have a positive correlation. Consumers and businesses seek credit when confident about their future finances and feel comfortable spending money.
Usual effect: The previous rate was 4.2%. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️There are two versions of this data released 14 days apart – Preliminary and Revised. The Preliminary release is the earlier and thus tends to have the most impact. Expectations of future inflation can manifest into actual inflation, primarily because workers tend to push for higher wages when they believe prices will rise.