Here is the list of leading indicators which may impact the economic condition as well as the market.
USD: CPI m/m at 7:00 PM
Measures: Change in the price of goods and services purchased by consumers
Released monthly, about 16 days after the month ends
Next Release Date Feb 14, 2023
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate
The average price of various goods and services are sampled and then compared to the previous sampling
Forecast- [ -0.1% ]
Previous- [ 0.1% ]
Actual- [ ? ]
Impact: The forecast figure seems to be negative for base metals and the dollar while positive for bullions.
The actual figure to released at 7:00 PM
USD: CPI y/y at 7:00 PM
Measures: Change in the price of goods and services purchased by consumers
Released monthly, about 16 days after the month ends
Next Release Date Feb 14, 2023
This is among the few non-seasonally adjusted numbers reported on the calendar
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate
The average price of various goods and services are sampled and then compared to the previous sampling
Forecast- [ 6.5% ]
Previous- [7.1% ]
Actual- [ ? ]
Impact: The forecast figure seems to be negative for base metals and the dollar while positive for bullions.
The actual figure to released at 7:00 PM
USD: Core CPI m/m at 7:00 PM
Measures: Change in the price of goods and services purchased by consumers, excluding food and energy
Released monthly, about 16 days after the month ends
Next Release Date Feb 14, 2023
Food and energy prices account for about a quarter of CPI, but they tend to be very volatile and distort the underlying trend. The FOMC usually pays more attention to the Core data – so do traders
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate
Forecast- [ 0.3% ]
Previous- [0.2%]
Actual- [ ? ]
Impact: The forecast figure seems to be positive for base metals and the dollar while negative for bullions.
The actual figure to released at 7:00 PM
USD: Unemployment Claims at 7:00 PM
Measures: The number of individuals who filed for unemployment insurance for the first time during the past week
Released weekly, usually on the first Thursday after the week ends
Next Release Date Jan 19, 2023
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
Although it’s generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions.
Unemployment is also a major consideration for those steering the country’s monetary policy
Forecast- [ 216k ]
Previous- [ 204K]
Actual- [ ? ]
Impact: The forecast figure seems to be negative for base metals and the dollar while positive for bullions.
The actual figure to released at 7:00 PM
USD: Natural Gas Storage at 9:00 PM
Measures: Change in the number of cubic feet of natural gas held in underground storage during the past week
Released weekly, 5 days after the week ends
Next Release Date: Jan 12, 2023
Inventories are used to maintain price stability during supply shortages and periods of increasing demand
Nat Gas Stocks, Nat Gas Inventories, Working Gas
Forecast- [ -15B ]
Previous- [ -221B ]
Actual- ?
Impact: The forecast figure seems to be positive for Natural Gas
The actual figure to released at 9:00 pm.
Source: Forex Factory
For more economic leading indicators stay tuned with us!