• 11:35

    ECB President Lagarde Speech

    In the Euro Area, benchmark interest rate is set by the Governing Council of the European Central Bank. The primary objective of the ECB’s monetary policy is to maintain price stability which is to keep inflation below, but close to 2 percent over the medium term. In times of prolonged low inflation and low interest rates, ECB may also adopt non-standard monetary policy measures, such as asset purchase programmes. The official interest rate is the Main refinancing operations rate.

  • 09:30

    PPI YoY

    -2.8%

    In China, producer prices change measures the average annual change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.

  • 09:30

    Inflation Rate MoM

    0%

    Inflation Rate MoM measures month over month change in the price of goods and services.

  • 09:30

    Inflation Rate YoY

    0.4%

    In China, the most important components of the CPI basket are Food (31.8 percent of total weight) and Residence (17.2 percent). Recreation, Education and Culture Articles account for 13.8 percent; Transportation and Communication for 10 percent, Healthcare and Personal Articles for 9.6 percent, Clothing for 8.5 percent; Households Facilities, Articles and Services for 5.6 percent; Tobacco, Liquor and Articles for the remaining 3.5 percent. The CPI basket is reviewed every five years on the basis of household surveys. Revisions reflect new spending patterns and economic development, according to the National Bureau of Statistics. Last revision took place in 2011.

  • 02:00

    Baker Hughes Total Rigs Count

    US Total Rigs refer to the number of active US rigs drilling in a given week.

  • 02:00

    Baker Hughes Oil Rig Count

    US Crude Oil Rigs refer to the number of active US rigs drilling for oil in a given week.

  • 01:00

    WASDE Report

  • 12:00

    Fed Bowman Speech

    In the United States, the authority to set interest rates is divided between the Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC). The Board decides on changes in discount rates after recommendations submitted by one or more of the regional Federal Reserve Banks. The FOMC decides on open market operations, including the desired levels of central bank money or the desired federal funds market rate.

Nov 2024
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