The economic calendar provides a schedule of key global economic events coming in the next 5 days. Interactive graphs illustrate economic indicators' historical data, market expectations, actual values and calculated volatility. Each indicator is accompanied with a brief description, helping the novice trader get into forex and CFD trading.

DESCRIPTION

KOF Leading Indicators Index measures overall economic health by combining 25 leading indicators including consumer expectations, housing permits, stock prices, and interest rate spreads. The index is published monthly by the Swiss Institute for Business Cycle Research (KOF), a leading Swiss research group.

SOURCE

http://www.kof.ethz.ch/

http://www.deltastock.com

DESCRIPTION

The MBA Mortgage Applications Index gauges the demand for mortgage application in the USA. Tracking new home mortgages and refinances, MBA Mortgage Applications Survey serves at a current indicator for the US housing market. Growth in mortgages suggests a healthy housing market. Due to the multiplier effect housing has on the rest of the economy, rising activity suggests increased household income and economic expansion. The headline figure is the weekly percentage change in the MBA Mortgage Applications figure. Among the various indices measured in the survey, the purchase index and refinancing index most accurately reflect where the housing market is headed. The purchasing index measures the change in existing home sales in all mortgage applications, while the refinance index measures the mortgage refinancing activity in all mortgage applications.

SOURCE

http://www.mortgagebankers.org/NewsandMedia/PressCenter

http://www.deltastock.com

DESCRIPTION

In Turkey the interest rates decisions are taken by the Central Bank of the Republic of Turkey Monetary Policy Committee (Turkiye Cumhuriyet Merkez Bankasi - TCMB). Since May 18, 2010 the main interest rate is 1 Week Repo Lending Rate.

http://www.deltastock.com

DESCRIPTION

The Initial Jobless Claims shows the number of individuals who filed for unemployment insurance for the first time during the past week. The change serves as a barometer for the health of the US labor market.

SOURCE

http://www.dol.gov/opa/media/press/eta/ui/current.htm

http://www.deltastock.com

DESCRIPTION

Crude Oil Stocks measures the change in the number of barrels of crude oil held in inventory by commercial firms during the past week. It influences the price of petroleum products which affects inflation, but also impacts growth as many industries rely on oil to produce goods.

SOURCE

http://www.eia.doe.gov/

http://www.deltastock.com

DESCRIPTION

Product supplied estimate is calculated as the net gallons made available to the economy from that week’s production and imports, minus any change in that product’s stock level from the prior week, and less a model-based estimate of exports of that product. Because EIA does not directly survey domestic petroleum end-use consumption, the WPSR’s product supplied estimates serve as a proxy for weekly consumption. And while product supplied is a good proxy for consumption, supply data can fluctuate more on a weekly basis than actual consumption, since product supply estimates include stocks moving between the various levels of the supply chain. These movements include transfers from primary storage at refineries, pipelines, and bulk storage terminals—where stock levels are reported by WPSR respondents—into secondary storage for further distribution to end users.

http://www.deltastock.com

DESCRIPTION

The indicator measures the change in the number of cubic feet of natural gas held in underground storage during the past week in the USA. The indicator is released weekly, 5 days after the week ends by the Energy Information Administration.

SOURCE

http://www.eia.doe.gov/oil_gas/natural_gas/ngs/ngs.html

http://www.deltastock.com

DESCRIPTION

The Corporate Services Price Index measures prices for services purchased by Japanese corporations. It is a leading indicator of consumer inflation - when corporations pay more for services the higher costs are usually passed on to the consumer. The headline numbers are the percentage change in the index monthly and annually.

SOURCE

http://www.boj.or.jp/en/type/stat/dlong/index.htm

Country	Date	Event	Info	Market Impact	Actual Impact
	All Day	Bank Holiday		-	-
	All Day	French Bank Holiday		-	-
	All Day	German Bank Holiday		-	-
	All Day	Italian Bank Holiday		-	-
	All Day	Bank Holiday		-	-
	All Day	Bank Holiday		-	-
	All Day	Bank Holiday		-	-
	All Day	Bank Holiday		-	-
	All Day	Bank Holiday		-	-
	24.12.2014 23:50:00	Monetary Policy Meeting Minutes		Medium

Economic Calendar - 24.12.2014

Public Statements - 24.12.2014