Everything about Forex

Calendario Económico
Calendario economico se presenta en cooperación con Dukascopy

Fecha (GMT-6) País Evento Para Unidad Imp. Reali. Esper. Último
Sep 05 – 17:30 AU  AU AIG Performance of Construction Aug index 43.3
Sep 05 – 18:00 JP  JP BoJ MPC meeting (6th-7th)
Sep 05 – 18:00 US  US Market Holiday- Labor Day
Sep 05 – 18:00 EU  EU EU President Van Rompuy meets with Finance Ministers to discuss reforms to Euro-region Management
Sep 05 – 18:00 CA  CA Market Holiday- Labour Day
Sep 05 – 18:00 NO  NO Norges Bank Governor Gjedrem gives a speech
Sep 05 – 18:30 AU  AU TD-MI Inflation GaugeA monthly estimate of inflation in the Australian economy. The report replicates the methodology used by the Australian Bureau of Statistics to calculate quarterly CPI, striving to correspond closely with official government numbers. The figure is important because it acts as a timelier indicator of inflation, coming out monthly instead of the quarterly CPI figures. Released one day before interest rate decisions are made, the figure may influence RBA considerations for rate hikes or reductions.

As with any gauge of inflation in Australia , a high value in the figure is bullish for the Australian dollar, since real inflationary pressures are usually met by the Reserve Bank of Australia with bullish rate hikes. The headline figure is the month-over-month or annualized inflation rate.
Aug % m/m 0.1
Sep 06 – 03:00 EU  EU Trade balance (nsa)The difference between the value of exports and imports in Germany. Trade Balance is one of the biggest components of Germany ’s Balance of Payment. As Germany is Europe’s largest economy and given Germany’s export oriented economy, trade data can give critical insight into pressures on the value of the Euro.

In order to gauge the effect of German Trade Balance on the Euro, German trade is separated into intra-Euro-zone trades and extra-Euro-zone trades. Intra-trades between Germany and Euro-zone member countries have no affect on the overall valuation of Euro. Extra-trades between Germany and other countries outside of Euro-zone do impact the overall Euro-zone trade balance. Given Germany’s large share of Euro-zone exports, the figure tends to move the market upon release.

Trade surpluses reflect funds coming into Germany in exchange for goods and services. Such currency inflows may lead to a natural appreciation of a Euro, unless countered by similar capital outflows. At a bare minimum, surpluses will boost up the value of the currency.

This is the the non-seasonally adjusted (nsa) data.
Jul EUR bn 2.4 2.4
Sep 06 – 03:00 EU  EU Trade balance (sa)The difference between the value of exports and imports in Germany. Trade Balance is one of the biggest components of Germany’s Balance of Payment. As Germany is Europe’s largest economy and given Germany’s export oriented economy, trade data can give critical insight into pressures on the value of the Euro.

In order to gauge the effect of German Trade Balance on the Euro, German trade is separated into intra-Euro-zone trades and extra-Euro-zone trades. Intra-trades between Germany and Euro-zone member countries have no affect on the overall valuation of Euro. Extra-trades between Germany and other countries outside of Euro-zone do impact the overall Euro-zone trade balance. Given Germany’s large share of Euro-zone exports, the figure tends to move the market upon release.

Trade surpluses reflect funds coming into Germany in exchange for goods and services. Such currency inflows may lead to a natural appreciation of a Euro, unless countered by similar capital outflows. At a bare minimum, surpluses will boost up the value of the currency.

This is the seasonally adjusted (sa) data, not to be confused with the non-seasonally adjusted (nsa) number.
Jul EUR bn -1.6
Sep 06 – 03:00 EU  EU ECB Executive Board Member Stark participates in a conference on the stability of the Euro (6th-7th Sept)
Sep 06 – 17:01 GB  GB BRC Retail Sales Monitor Aug % y/y 2.6
Sep 06 – 18:00 JP  JP BoJ MPC interest rate decision (Followed by press conference with BoJ Governor Shirakawa)
Sep 06 – 18:00 EU  EU EU FinMins hold meeting
Sep 06 – 22:30 AU  AU RBA Interest Rate announcement
Sep 06 – 22:30 AU  AU RBA Board Meeting outcome announced
Sep 06 – 23:00 JP  JP Leading indicator (Prelim) Jul index 98.2 99
Sep 06 – 23:45 CH  CH Unemployment Rate (sa) Aug % 3.8
Sep 06 – 23:45 CH  CH Unemployment Rate Aug % 3.6 3.6
Sep 07 – 00:00 EU  EU ECB Executive Board Member Smaghi speaks on “From Crisis to Opportunities” in Beijing
Sep 07 – 00:30 NO  NO Consumer Confidence Q3 index 15.8
Sep 07 – 01:00 EU  EU EU President Barroso speaks on policy priorities to the European Parliament
Sep 07 – 01:30 SE  SE Budget Balance Aug SEK bn 12.5
Sep 07 – 13:00 US  US Consumer Credit Jul $ bn -5.4 -1.34
Sep 07 – 17:01 GB  GB BRC Shop price indexA monthly indicator of price changes at the most popular retail outlets in the United Kingdom. The index takes into account five hundred of the most commonly purchased goods and gives insight into consumer-price inflation. Shop Prices differentiate themselves from British CPI by coming out days before the headline inflation figure. Increases in the BRC Shop Price Index are bullish for the Pound, given that the Bank of England usually raises interest rates to control inflation reflected in the BRC. Conversely, a falling BRC Shop Price Index suggests falling price pressures.

BRC appear in the headlines as the monthly percentage change for the BRC Shop Price Index.
Aug % y/y 1.5
Sep 07 – 17:01 GB  GB KPMG/REC Report on Jobs (Permanent placements) Aug Index 60.2
Sep 07 – 17:50 JP  JP M2 Money Supply Aug % y/y 2.6 2.7
Sep 07 – 17:50 JP  JP Bank Lending DataThe value of all outstanding loans with Japanese banks. Bank lending is important because lending increases with increased business confidence and investment. It is particularly insightful for the Japanese economy because of the weakness that has plagued the Japanese banking sector. The headline number is for total loans and discounts and is a percentage change from the previous year. Aug % y/y -1.8
Sep 07 – 18:00 EU  EU ECB Governing Council Member Weber speaks at the Handelsblatt Jahrestagung
Sep 08 – 00:00 DE  DE Current Account (nsa)The German Current Account acts as a gauge for how Germany’s economy interacts with the rest of the world. Current account is one of the three components (Financial Account, Capital Account and Current Account) that make up a country’s Balance of Payments, the detailed accounting of all international interactions. Where the other side of the Balance of Payments, Capital and Financial Accounts, deals mainly with financial assets and investments, the Current Account gives a detailed breakdown of how the country intermingles with rest of the global economy on a routine, non-investment basis.

The Current Account tracks the trade balance (exports and imports for goods and services), income payments (such as interest, dividends and salaries) and unilateral transfers (aid, taxes, and one-way.pngts). A positive value (current account surplus) records that the flow of capital from these components into Germany exceeds the capital leaving the country. A negative value (current account deficit) means that there is a net capital outflow from these sources. Since the German economy is by far the largest in the EU, German Current Account has significant weight on the Euro. Persistent Current Account surpluses may lead to a natural appreciation of a currency, as trade, income and transfer payments usually reflect Euros coming into the country (just as underlying deficit act as depreciating weight).

There are a number of factors that often work to diminish the impact of the Current Account release on the market. The report is not very timely, released monthly about two weeks after the reporting period. In addition, many of the components that lead to the final Current Account, such as production and trade figures, are known well in advance. Lastly, since the report reflect data for a specific reporting month, any significant developments in the Current Account should plausibly have been already felt during that month and not during the release of data. But due to the significance of German Current Account in tracking foreign exchange developments, the report has a history of moving markets upon release.

The headline number is the Current Account balance and the percentage change in the Current Account from the previous month.
Jul EUR bn 11.8 12.9
Sep 08 – 00:00 DE  DE Trade BalanceThe difference between the value of exports and imports in Germany. Trade Balance is one of the biggest components of Germany ’s Balance of Payment. As Germany is Europe’s largest economy and given Germany’s export oriented economy, trade data can give critical insight into pressures on the value of the Euro.

In order to gauge the effect of German Trade Balance on the Euro, German trade is separated into intra-Euro-zone trades and extra-Euro-zone trades. Intra-trades between Germany and Euro-zone member countries have no affect on the overall valuation of Euro. Extra-trades between Germany and other countries outside of Euro-zone do impact the overall Euro-zone trade balance. Given Germany’s large share of Euro-zone exports, the figure tends to move the market upon release.

Trade surpluses reflect funds coming into Germany in exchange for goods and services. Such currency inflows may lead to a natural appreciation of a Euro, unless countered by similar capital outflows. At a bare minimum, surpluses will boost up the value of the currency.
Jul EUR bn 13 14.1
Sep 08 – 00:30 FR  FR BoF Business Sentiment Aug Index 101 101
Sep 08 – 00:45 FR  FR Trade BalanceThe French Current Account is the sum of the trade balance on goods and services, net income payments, and net current transfers. The trade balance on goods and services is the value of exports minus the value of imports. Net income payments is the amount of income generated for French nationals from foreign assets, like stocks and bonds, minus the amount paid to foreign nationals who own French assets. Lastly, transfer payments represent unilateral payments to and from the country, such as foreign aid donations and foreign worker salaries being sent home. Current account is one of the three components (Financial Account, Capital Account and Current Account) that make up a country’s Balance of Payments.

The flow of goods and services (trade balance) usually makes up most of the Current Account. Hence, a trade surplus is likely to contribute to a Current Account surplus while a trade deficit will likely cause a Current Account deficit. Generally the French current account is a useful measure of international trade flows that directly affect the value of Euro. A French current account surplus means that more Euros are flowing into France and this puts upward pressure on the value of the Euro. On the contrary a current account deficit reflects Euros leaking out of France; this can exert downward pressure on value of the Euro.
Jul EUR bn -4.1 -3.8
Sep 08 – 00:45 FR  FR Central Govt. Balance Jul EUR bn -90.2 -61.7
Sep 08 – 01:00 ES  ES Industrial production (wda) Jul % y/y 3
Sep 08 – 01:30 SE  SE GDP (sa) (Final) Q2 % q/q 1.2 1.2
Sep 08 – 01:30 SE  SE GDP (wda) (Final) Q2 % y/y 3.7 3.7
Sep 08 – 07:00 CA  CA BoC announce key policy interest rate
Sep 08 – 07:00 BE  BE GDP (Final) Q2 % q/q 0.7
Sep 08 – 07:00 BE  BE GDP (Final) Q2 % y/y 2.2
Sep 08 – 10:00 LU  LU Prime Minister Juncker, ECB Council Member Mersch and European Investment Bank President Maystsdt speak at the Economic and Monetary Union
Sep 08 – 12:00 US  US Fed release Beige Book
Sep 08 – 12:30 US  US Federal Reserve Bank of Minneapolis President Kocherlakota gives speech on “Inside the FOMC” at a business leader’s luncheon
Sep 08 – 18:00 GB  GB BoE MPC interest rate announcement
Sep 08 – 21:00 AU  AU RBA Assistant Governor Debelle gives a speech
Sep 09 – 00:00 DE  DE CPI (Final) Aug % m/m
Sep 09 – 00:00 DE  DE CPI (Final) Aug % y/y 1 1
Sep 09 – 01:30 NL  NL CPI Aug % y/y 1.7 1.6
Sep 09 – 01:30 NL  NL CPI Aug % m/m 0.3 -0.3
Sep 09 – 01:30 NL  NL Industrial Production Jul % y/y 6.4 7
Sep 09 – 01:30 NL  NL Industrial Production Jul % m/m 0.5 -1.2
Sep 09 – 02:00 EU  EU ECB release Monthly Bulletin
Sep 09 – 06:30 US  US Initial ClaimsThe number of individuals who filed for unemployment insurance for the first time during the past week. 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. 04-Sep k 472
Sep 09 – 06:30 US  US Trade BalanceThe US Trade Balance refers to the difference between exports of goods and services out of the US, and imports to America. The trade balance is one of the biggest components of the US’s Balance of Payment, which gives valuable insight and heavy pressure on the value of the dollar.

A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the US experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect dollars leaking out of the country. Such currency outflows may lead to a natural depreciation of a dollar, unless countered by comparable capital inflows (US Net Foreign Security Purchases, or TICs data reports on such capital flows). At a bare minimum, deficits fundamentally weigh down the value of the currency.

There are a number of factors that work to diminish the market impact of US Trade Balance. The report is not very timely, coming some time after the reporting period. Developments in many of the figure’s components are also typically well anticipated. Lastly, since the report reflects data for a specific reporting month, any significant changes in the Trade Balance should plausibly have already been felt during that month and not during the release of data. However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the more important reports out of the US.
Jul $ bn -48.1 -49.9
Sep 09 – 06:30 CA  CA House Price IndexA component of the Consumer Price Index (CPI) that measures changes in prices for new homes. Higher housing prices suggest stronger consumer demand and growth in the housing market. At the same time, higher housing prices that accompany economic expansion often lead to inflationary pressures. The headline number is the percentage change in the index.

Note: The New Housing Price Index takes into account the quality and features of the new homes sold. For example, if selling prices for new homes are unchanged, but the features and quality of housing have increased (e.g. added swimming pool and better construction materials), then the price for new homes is considered to have fallen.
Jul % m/m 0.1 0.1
Sep 09 – 06:30 CA  CA Merchandise tradeThe difference between imports and exports of goods. Merchandise Trade differentiates itself from Trade Balance because it does not record intangibles like services, only reporting on physical goods. Because exports of tangibles like oil, gold and manufacturing contribute to a large part of Canada ’s GDP, trade data can give critical insight into developments in the economy and into foreign exchange rates.

Negative International Merchandise Trade (deficit) indicates that imports of goods are greater than exports. When exports are greater than imports, Canada experiences a trade surplus. Trade surpluses indicate that funds are coming into Canada in exchange for exported goods. Because such exported goods are usually purchased with Canadian dollars, trade surpluses usually reflect currency flowing into Canada, such currency inflows may lead to a natural appreciation of a the Canadian dollar, unless countered by similar capital outflows (Canadian International Securities Transactions tracks such capital flows). At a bare minimum, surpluses will buoy the value of the currency.

There are a number of factors that work to diminish the market impact of Canadian Merchandise Trade on markets. The report is not very timely, released about three months after the reporting quarter. Developments in many of the components that comprise the figure are also usually well anticipated. Lastly, since the report reflect data for a specific reporting quarter, any significant changes in the Merchandise Trade should plausibly have been already felt during that quarter and not during the release of data. But because of the overall significance of Trade on Foreign Exchange Rates, the figure has a history of being one of the more important reports out of Canada .
Jul CA $ bn -1 -1.1
Sep 09 – 17:50 JP  JP CGPI Aug % y/y -0.1
Sep 09 – 18:00 JP  JP BoJ release minutes from prior (9-10th August) MPC Meeting
Sep 09 – 18:00 WLD  WLD Market Holiday- Eid-Ul-Fitr (End of Ramadan) in India, Indonesia, Malaysia, Pakistan, Philippines and Singapore
Sep 09 – 18:00 CA  CA BoC Governor Carney, former Federal Reserve Chairman Vocker and IMF representative Zhu attend the Economic Round Table
Sep 09 – 23:00 JP  JP Consumer ConfidenceConsumer confidence is a measure of popular sentiment concerning the Japanese economy. The figure is derived from a survey that asks thousands of Japanese consumers about personal expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Even though t he Japanese economy is heavily driven by its export sector, domestic consumer confidence is an important gauge of overall economic activity and future inflationary pressures.

A headline figure above 50 shows positive consumer sentiment, while a number below 50 shows negative consumer sentiment; the greater the distance, the stronger the sentiment.
Aug index 43.6 43.3
Sep 10 – 00:45 FR  FR Manufacturing Production Jul % m/m 0.7 -1.3
Sep 10 – 00:45 FR  FR Manufacturing Production Jul % y/y 4.4 7.1
Sep 10 – 01:00 ES  ES CPI (Final) Aug % y/y 1.9
Sep 10 – 01:00 ES  ES HICP (Final) Aug % m/m -0.4
Sep 10 – 01:00 ES  ES HICP (Final) Aug % y/y 1.9
Sep 10 – 01:00 ES  ES CPI (Final) Aug % m/m -0.4
Sep 10 – 01:30 SE  SE Industrial Orders Jul % y/y 15.5
Sep 10 – 01:30 SE  SE Industrial Orders Jul % m/m 1.5 -2.5
Sep 10 – 01:30 DK  DK HICP Aug % y/y 2 2.1
Sep 10 – 01:30 DK  DK CPI Aug % m/m 0.2
Sep 10 – 01:30 DK  DK CPI Aug % y/y 2.1 2.3
Sep 10 – 01:30 DK  DK HICP Aug % m/m 0.2 -0.1
Sep 10 – 02:30 GB  GB Output Prices Core (unadj)A monthly survey that measures the price changes of goods produced by UK manufacturers. The figure is also known as “Factory Gate Price” because it usually matches the price of goods when they first leave the factory. Increased prices in manufacturing typically lead to higher retail prices for consumers. However, it is also likely that higher output prices are caused by manufacturers charging a higher premium due to higher demand for their goods. Consequently, market trends in consumption should be considered with Output PPI to avoid data misinterpretation.

There is also a Core Output PPI, which excludes volatile items such as food and energy. The Core PPI is generally a better measure of inflation because it excludes those items whose short-term price fluctuations can distort inflationary data.

The headline is the percentage change in the Producer Price Index (Output) from the previous quarter and previous year.
Aug % m/m 0.2
Sep 10 – 02:30 GB  GB Input Prices (unadj)A monthly survey that measures change in input prices as incurred by UK manufacturers. Input prices include the cost of materials used plus operation costs of running the business. The index can be used as a measure of inflation, given that higher input costs will likely be passed on from producers to consumers in the form of higher retail prices. Th e figure is also calculated as Core Input PPI, which excludes volatile inputs such as food and energy that may distort the data. As such, the core figure is a more appropriate measure of inflation.

The headline is the percentage change in the Producer Price Index (Input) from the previous quarter and previous year
Aug % y/y 9 10.8
Sep 10 – 02:30 GB  GB Output Prices (unadj)A monthly survey that measures the price changes of goods produced by UK manufacturers. The figure is also known as “Factory Gate Price” because it usually matches the price of goods when they first leave the factory. Increased prices in manufacturing typically lead to higher retail prices for consumers. However, it is also likely that higher output prices are caused by manufacturers charging a higher premium due to higher demand for their goods. Consequently, market trends in consumption should be considered with Output PPI to avoid data misinterpretation.

There is also a Core Output PPI, which excludes volatile items such as food and energy. The Core PPI is generally a better measure of inflation because it excludes those items whose short-term price fluctuations can distort inflationary data.

The headline is the percentage change in the Producer Price Index (Output) from the previous quarter and previous year.
Aug % m/m 0.1 0.1
Sep 10 – 02:30 GB  GB Output Prices (unadj)A monthly survey that measures the price changes of goods produced by UK manufacturers. The figure is also known as “Factory Gate Price” because it usually matches the price of goods when they first leave the factory. Increased prices in manufacturing typically lead to higher retail prices for consumers. However, it is also likely that higher output prices are caused by manufacturers charging a higher premium due to higher demand for their goods. Consequently, market trends in consumption should be considered with Output PPI to avoid data misinterpretation.

There is also a Core Output PPI, which excludes volatile items such as food and energy. The Core PPI is generally a better measure of inflation because it excludes those items whose short-term price fluctuations can distort inflationary data.

The headline is the percentage change in the Producer Price Index (Output) from the previous quarter and previous year.
Aug % y/y 4.8 5
Sep 10 – 02:30 GB  GB Input Prices (unadj)A monthly survey that measures change in input prices as incurred by UK manufacturers. Input prices include the cost of materials used plus operation costs of running the business. The index can be used as a measure of inflation, given that higher input costs will likely be passed on from producers to consumers in the form of higher retail prices. Th e figure is also calculated as Core Input PPI, which excludes volatile inputs such as food and energy that may distort the data. As such, the core figure is a more appropriate measure of inflation.

The headline is the percentage change in the Producer Price Index (Input) from the previous quarter and previous year
Aug % m/m 0.2 -0.1
Sep 10 – 03:00 IT  IT Current Account Jul EUR mn
Sep 10 – 08:00 US  US Wholesale InventoriesThe stock of unsold goods held by wholesalers. Wholesalers act as intermediaries between manufacturers or importers, and retailers. Wholesalers sell directly to retailers, who strive to act in accordance (ideally) with consumer demand. Consequently, high Wholesale Inventories indicate that unsold goods are piling up, suggesting that retailers are facing lagging consumer demand and unwilling to purchase goods. Conversely, declining Wholesale Inventories suggest retailers are buying more goods to meet strong or rising demand. Because Wholesale Inventories reflect the demand retailers have for their manufacturers’ wares, the report offers an early indication of the potential strength of consumer spending.

Wholesale Inventories are reported in headlines as a percent change from the previous month.
Jul % m/m 0.4 0.1

Muchas veces leyendo la prensa oímos la palabra calendario económico y no sabemos exactamente a que se están refiriendo. Puede incluso que aunque sepamos a que se están refiriendo no conozcamos el término en si cuando se refiere a un sector concreto, el mercado de las divisas internacionales, o mercado forex.

En este contexto podemos encontrar muchas veces el término calendario económico ya que es uno de los instrumentos fundamentales para interpretar este mercado a nivel internacional. Se trata de un mercado donde se compran y se venden divisas. Para acceder a este tipo de mercados, o para acceder a su información basta con una conexión a Internet.

A pesar de que no seamos economistas o financieros y ni tampoco profesionales de bolsa (brokers), seguramente estemos interesados en este tipo de mercado para realizar nuestras pequeñas inversiones en divisas, y para ello podremos acudir al mercado internacional de divisas, más conocido como Forex, en el que una de las herramientas fundamentales para manejarse y conocer la información de primera mano que sea relevante para el estado de las divisas es el llamado calendario económico, que se refiere a una especie de calendario como otro cualquiera en el que la característica principal es que informa a los usuarios de la agenda y de la evolución de la mayoría de los más importantes y relevantes indicadores de la economía, así como también se incluyen en el calendario económico otra serie de informaciones como las declaraciones de las personas relevantes en todo el mundo de las fianzas, así como también declaraciones de los gobiernos a escala mundial. Todos estos datos conforman la estructura y la razón de ser del calendario económico, que tiene como especial característica es que se actualiza cada hora con información relevante para sus usuarios.

Al hablar de indicadores económicos estamos hablando de ciertos índices, informes de la capacidad de ahorro y de endeudamiento, resúmenes económicos, etc. Son en definitiva una serie de indicadores acerca de la economía de un país o región determinada, así como de un mercado concreto. Se manejan cifras de especial relevancia para la información económica, como la cifra de paro, el nivel de endeudamiento de un país, la capacidad productiva de ese país, lo que conocemos como el Producto Interior Bruto, la situación financiera de las entidades más relevantes e influyentes a nivel global, los precios de los artículos, el Indice de Precios al Consumo (IPC), las cifras de la inflación, los precios de los bonos del Estado y de las acciones, etc. Estos son algunos de los índices que se incluyen en el calendario economico.

Queremos señalar que Forexinvestor.es no podrá ser considerado responsable por las pérdidas relacionadas con los actos, que se llevan a cabo a partir del contenido en este sitio web.
Contacto | Publicidad
Cotizacion del dolar Dolar Cambio Cotizacion dolar Precio del dolar Dolar paralelo

Nota: Utilizando este portal acepta nuestra política de uso. Por favor lea nuestra información legal y política de protección de datos

© 2009 Forexinvestor ApS - "Everything about forex". All rights reserved.