Here is the checklist of recent economic updates which may impact the Indian commodity market. Consequently, CPI Inflation comes with vital importance.
EUR: German ZEW Economic Sentiment at 3:30pm
Measures: Level of a diffusion index based on surveyed German institutional investors and analysts
Released monthly, on the second or third Tuesday of the current month
Next Release Date Jan 17, 2023
Above 0.0 indicates optimism, below indicates pessimism
It’s a leading indicator of economic health – investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity
Forecast- [-26.8]
Previous- [-36.7]
Actual- ?
Impact- The forecast figure seems to be negative for base metals and the dollar while positive for bullions. The actual figure is to release at 3:30pm.
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 Jan 12, 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- [0.3%]
Previous- [0.4%]
Actual- ?
Impact- The forecast figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure to release 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 Jan 12, 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
Forecast- [7.3%]
Previous- [7.7%]
Actual- ?
Impact- The forecast figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure to release 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 Jan 12, 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- [0.3%]
Actual- ?
Impact- The forecast figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure to release at 7:00 PM.
Source: Forex Factory
For more recent economic updates stay tuned with us !!
10 Comments
Good day! I know this is kind of off topic but I was wondering if you knew where I could find a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having problems finding one? Thanks a lot!
Hi! I could have sworn I’ve been to this blog before but after reading through some of the post I realized it’s new to me. Anyhow, I’m definitely happy I found it and I’ll be book-marking and checking back often!
I like what you guys are usually up too. Such clever work and reporting! Keep up the terrific works guys I’ve incorporated you guys to blogroll.
Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You definitely know what youre talking about, why throw away your intelligence on just posting videos to your blog when you could be giving us something informative to read?
We are a gaggle of volunteers and opening a new scheme in our community. Your web site provided us with valuable information to paintings on. You have done a formidable job and our whole community might be grateful to you.
I always was interested in this subject and still am, appreciate it for putting up.
Its like you learn my thoughts! You appear to know so much about this, such as you wrote the e-book in it or something. I feel that you just could do with some to drive the message house a bit, but instead of that, this is excellent blog. A fantastic read. I will certainly be back.
Can I just say what a relief to find someone who actually knows what theyre talking about on the internet. You definitely know how to bring an issue to light and make it important. More people need to read this and understand this side of the story. I cant believe youre not more popular because you definitely have the gift.
I would like to thank you for the efforts you have put in writing this site. I’m hoping the same high-grade web site post from you in the upcoming as well. Actually your creative writing abilities has inspired me to get my own website now. Really the blogging is spreading its wings quickly. Your write up is a good example of it.
Excellent post. I used to be checking continuously this blog and I’m impressed! Very helpful information specifically the final section 🙂 I deal with such info much. I was looking for this particular information for a very lengthy time. Thanks and best of luck.