Daily Economic Calender 27/09/2019 We only show you the most important economic events during this day with some information about each econ...
Daily Economic Calender 27/09/2019
We only show you the most important economic events during this day with some information about each economic event and its impact on the market.
This economic calendar is in US time.
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Friday 27/09
(1)
Core Durable Goods Orders m/m : 2:30pm
Currency : USD
Forecast : 0.2%
Previous : -0.4%
Measures the change in the total value of new purchase orders on durable goods by manufacturers excluding transportation on a monthly basis. The data at its base value gives a better picture of the trends of the orders. A higher reading means more manufacturing activity. The index also measures the cost of durable goods orders received by manufacturers except for the transport sector. Durable goods make significant investments in the US economy.
Impact
Real larger than expected good for the currency
Notes
Aircraft orders are volatile. It may affect the underlying trend. Therefore, the data at its base value is the best measure of the trend of purchase orders...
Also known as
European Central Bank (ECB).
The importance of the event for traders
It is a leading indicator of production measurement and the increase in purchase orders indicates an increase in manufacturing activity as they work to meet those orders.
Also known as
Durable goods orders excluding transportation..
Details of issuance dates
Issued monthly within 26 days after the end of the month.
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(2)
Personal Spending m/m : 2:30pm
Currency : USD
Actual : ..............
Forecast : 0.3%
Previous : 0.6%
Measures the change in inflation on the basis of total consumer spending on a monthly basis. It also reflects the performance of economic activity in general. However, the impact of these data is moderate as the government released the retail sales index data, which includes consumer spending, two weeks ago. It also includes purchases of households and non-profit organizations that serve families through private business.
Impact
Real larger than expected good for the currency
The importance of the event for traders
It reflects consumer spending data for economic activity in general. It is one of the key indicators of measuring the health of the economy due to the strong impact of consumer purchases on the economy.
Also known as
Consumer spending, personal consumption expenditure.
Details of issuance dates
Issued monthly within 30 days after the end of the month.
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