Economic Events - February 14 2008

Forex Calendar Time Zone

Select your time zone to display the Forex Calendar and the expected economic events according to your own time.

Finotec provides you with an Economic Calendar in which you can check upcoming economic events in real time. Find out which indicators are to be released, how they will impact the forex and other financial markets and make you own forex calendar accordingly.

The Economic Calendar provides you with relevant information about major economic releases such as dates, times and market predictions. As such, the Forex Calendar is a determining trading tool used in fundamental analysis of all sorts of financial products including stocks, currency pairs and commodities. For example, when certain economic statistics are released, currency rates realign themselves accordingly.

News Trading

In most financial markets, the release of economic data and statistics tends to trigger short-term movements. The forex market is particularly reactive to economic news from all over the world. Considering the wide range of major and cross currencies available at Finotec, as well as their derivatives, there is always some piece of economic information slated for publication that traders may use to take on a new position. An average of seven indicators and other economic data which have an impact on the majors are released each day, providing many opportunities for those who trade the news. To find out what those data are, browse through the Forex calendar below:

Print Version

Date	Event	Currency	Period	Previous	Forecast	Actual
2008-02-14 21:45:00	Retail Sales m/m	NZD		2.0%	0.1%	0.1%
Measures the value of sales at the retail level. A rising trend has a positive effect on the nation's currency because Retail Sales make up a large portion of consumer spending, which is a major driver of the economy and has a sizable impact on GDP. Traders pay close attention to Retail Sales because it is usually the first significant indicator of the month that relates to consumer behavior and is susceptible to surprises.
2008-02-14 13:30:00	Trade Balance	CAD	Dec	3.7b		2.4b
Measures the difference in value between imported and exported goods and services. A positive Trade Balance indicates that more goods and services were exported than imported over a given period. A rising trend has a positive effect on the nation's currency. When higher levels of exports are sold to the world, demand for the nation's currency is elevated as foreigners convert their native currency to purchase the exports. The Trade Balance also has a sizable impact on GDP because high demand for exports creates increased employment and production, as domestic factories work to fill this demand.
2008-02-14 13:30:00	Trade Balance	USD	Dec	-63.12b		-58.8b
Measures the difference in value between imported and exported goods and services. A positive Trade Balance indicates that more goods and services were exported than imported over a given period. A rising trend has a positive effect on the nation's currency. When higher levels of exports are sold to the world, demand for the nation's currency is elevated as foreigners convert their native currency to purchase the exports. The Trade Balance also has a sizable impact on GDP because high demand for exports creates increased employment and production, as domestic factories work to fill this demand.
2008-02-14 13:30:00	Unemployment Claims	USD	Weekly	357K		348K
Measures the number of individuals who filed for unemployment insurance for the first time over the past week. A falling trend has a positive effect on the nation's currency. Working people tend to spend more, and consumer spending is a major driver of the economy. However, unemployment usually draws little attention because traders view it as a lagging indicator.
2008-02-14 10:00:00	GDP q/q	EUR	Quarterly	0.7%		0.4%
Gross Domestic Product (GDP) measures the total value of all goods and services produced by the economy.
2008-02-14 07:45:00	GDP q/q	EUR	Quarterly	0.7%		0.3%
French Gross Domestic Product (GDP) measures the total value of all goods and services produced by the economy.
2008-02-14 07:00:00	GDP q/q	EUR	Quarterly	0.7%		0.3%
German Gross Domestic Product (GDP) measures the total value of all goods and services produced by the economy.
2008-02-14 04:30:00	Industrial Production m/m	JPY		1.4%		1.4%
Measures the total value of output produced by factories, mines, and utilities. A rising trend has a positive effect on the nation's currency because high levels of production are a sign of a strong economy. Industrial Production reacts quickly to the ups and downs of the business cycle and can be a leading indicator of manufacturing employment, average earnings, and personal income.
2008-02-14 00:30:00	Employment Change	AUD		20.1K		26.8K
Measures the change in number of employed people during the previous month, excluding the farming industry. A rising trend has a positive effect on the nation\'s currency. Job creation is an important indicator of economic health because consumer spending, which is highly correlated with labor conditions, makes up a large portion of GDP.

Print Version

Economic Calendar key

Event: refers to the nature of the released data and indicators.
Country: refers to the country for which the figures and indicators are released. It is expressed in the country's currency.
Period: represents the period for which the indicator was released.
Previous: lists the previous figure for each indicator as it was reported.
Forecast: gives our experts' forecasts for each given indicator.
Significance: is an indication of the data's relevancy and its impact on the markets.
Actual: refers to the actual data released for each given indicator.
More information: click on this icon to learn more about the released indicator.

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Economic Events - February 14 2008

Economic Calendar

Forex Calendar Time Zone

News Trading

Economic Calendar key

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