Currency: GBP Importance: 3 Forecast: 0.10% Previous: 0.50% Notes: Gross Domestic Product (GDP) gauges the inflation-adjusted value of all goods and services produced within the economy. It is the most comprehensive measure of economic activity and an important indicator of economic health.

A reading that is stronger than forecast is generally supportive (bullish) for the GBP, while a weaker than forecast reading is generally negative (bearish) for the GBP.

Historical Impact: GBPJPY

Currency: GBP Importance: 3 Forecast: 1.00% Previous: 0.70% Notes: Gross Domestic Product (GDP) gauges the inflation-adjusted value of all goods and services produced within the economy. It is the most comprehensive measure of economic activity and an important indicator of economic health.

A reading that is stronger than forecast is generally supportive (bullish) for the GBP, while a weaker than forecast reading is generally negative (bearish) for the GBP.

Historical Impact: GBPJPY

Currency: USD Importance: 3 Forecast: 113.00 Previous: 111.70 Notes: Conference Board (CB) Consumer Confidence measures the level of confidence consumers have in the economy. When consumers are optimistic, they tend to spend more which increases consumption and overall economic growth.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.

Historical Impact: USDJPY

Currency: Global

Currency: USD Importance: 3 Forecast: -0.40% Previous: 0.20% Notes: Durable Goods Orders reports the change in the total value of new orders for long-lasting manufactured goods, including transportation items.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.

Historical Impact: USDJPY

Currency: USD Importance: 3 Forecast: 650K Previous: 610K Notes: New Home Sales measures the annualised number of new single-family homes that were sold during the prior month. When it's released ahead of Existing Home Sales, this report tends to have more impact because the two reports are highly correlated.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.

Historical Impact: USDJPY

Currency: Global Importance: 3

Currency: USD Importance: 3 Forecast: 220K Notes: Initial Jobless Claims measures the number of people who filed for unemployment insurance for the first time during the past week. This is the most timely U.S. economic data, but the market impact varies from week to week.

A reading that is higher than forecast is generally negative (bearish) for the USD, while a lower than forecast reading is generally supportive (bullish) for the USD.

Historical Impact: USDJPY

Currency: USD Importance: 3 Previous: -0.934M Notes: The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation.

If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected.

If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected.

Historical impact on Assets: USOILRoll
Historical Impact: USDJPY

Currency: USD Importance: 3 Forecast: 4.33% Previous: 4.62% Notes: A continued easing of inflation and robust labour market could give the Fed more room to implement rate cuts without stoking inflation fears, supporting the case for a soft landing.