|Date||Time||Country||Event||Current||Forecast||Affected Instrument||Above Forecast||Below Forecast||Description|
|09-08-2016||11:30||United Kingdom||Manufacturing Production MoM||-0.5%||-0.2%||GBP||GBP supportive||GBP negative||
Manufacturing Production measures the change in the total inflation-adjusted value of output produced by manufacturers. Manufacturing accounts for approximately 80% of overall Industrial Production.
|11-08-2016||00:00||New Zealand||Interest Rate Decision||2.25%||2.00%||NZD||NZD supportive||NZD negative||
The Reserve Bank of New Zealand (RBNZ) governor decides where to set the rate after consulting senior bank staff and external advisers. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.
|12-08-2016||09:00||Germany||Gross Domestic Product (GDP) QoQ||0.7%||0.3%||EUR||EUR supportive||EUR negative||
Gross Domestic Product (GDP) is the broadest measure of economic activity and is a key indicator of economic health. The quarterly percent changes in GDP show the growth rate of the economy as a whole.
|12-08-2016||15:30||United States||Core Retail Sales MoM||0.7%||0.2%||USD||USD supportive||USD negative||
Core Retail Sales measures the change in the total value of sales at the retail level in the U.S., excluding automobiles. It is an important indicator of consumer spending and is also considered as a pace indicator for the U.S. economy.