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.