img-news

Today's announcements and data releases, 4/12/2018

  • Regular
  • Economic Calender
  • 6 months ago
  • 86

All times in GMT+7, Jakarta, Bangkok

 

 

 

15:15

CHF Consumer Price Index (MoM) (NOV)

 

It is the key gauge for inflation in Switzerland . Simply put, inflation reflects a decline in the purchasing power of the Franc, where each Franc buys fewer goods and services. The CPI calculates the change in the price of a predetermined basket of consumer goods and services. This basket represents the goods and services that an average household will purchase. The figure is compared to those of the previous month as well as the previous year in order to gauge changes to the costs of living on a month to month and year to year basis. The headline number is the percentage change either from the previous month's value or the previous year's value. As the key indicator of inflation, a rising CPI may prompt the Swiss National Bank to raise interest rates in attempt to manage inflation and slow economic growth. Higher interest rates make holding the Franc more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Franc.

 

15:15

CHF Consumer Price Index (YoY) (NOV)

 

15:15

CHF CPI EU Harmonized (MoM) (NOV)

 

15:15

CHF CPI EU Harmonized (YoY) (NOV)

 

15:15

CHF CPI Core (YoY) (NOV)

 

16:15

GBP BOE Governor Carney Speaks at U.K. Parliament

 

16:30

GBP Markit/CIPS UK Construction PMI (NOV)

 

17:00

EUR Euro-Zone Producer Price Index (MoM) (OCT)

Measures changes in the selling prices of goods and services used by Euro-zone producers. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is an early indicator of inflation. A higher PPI, especially when combined with high figures for other measures of inflation, will make the European Central Bank more inclined to raise interest rates. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown. The Index headline is expressed as a month over month or annualized percentage change. Note: The Euro-zone PPI excludes construction industry because it is vulnerable to seasonal price volatility that can distort index results

 

17:00

EUR Euro-Zone Producer Price Index (YoY) (OCT)

 

20:30

CAD Labor Productivity (QoQ) (3Q)

The average productivity level of Canadian workers. Labour Productivity is calculated by dividing the gross domestic product (GDP) by the number of hours worked, yielding output per hour, which is the key measure of productivity growth. The availability of better technology and higher levels of education among the workforce are factors commonly attributed to increased productivity. Growth in labour productivity is usually seen as a sign of a healthy economy because higher productivity allows higher output for a fixed population. Rising Labour Productivity can also offset inflationary pressures associated with economic growth and spending. Economic expansion attributed to increased Labour Productivity will not result in inflation, meaning that central banks will not need to increase interest rates during times of high growth. The headline figure is the percentage change in output per hour

 

22:00

USD Williams Holds Press Briefing at New York Fed

 

23:00

NZD QV House Prices (YoY) (NOV)

 

23:30

USD U.S. to Sell 8-Week Bills

 

23:30

USD U.S. to Sell 4-Week Bills