القراءة | 0.795M; -8.2% |
Period: Feb
Previous Reading: 0.802M; -7.5%
Forecast: ; -5.4%
Actual Reading: 0.795M; -8.2%
The Housing Starts figure reflects the rate of growth in housing construction. The number of housing starts is an indicator of the strength of Japan 's construction sector and a leading indicator for the direction of the economy as a whole. Housing Starts respond quickly to changes in the business cycle, promptly slowing at the onset of a recession and growing at the beginning of an economic boom. A high Housing Starts figure is generally bullish for the economy, as it indicates overall economic growth.
The headline figures are the year on year percentage change in value of housing starts, and the value of all houses started for construction that year.
hideالقراءة | 0.795M; -8.2% |
Period: Feb
Previous Reading: 0.802M; -7.5%
Forecast: ; -5.4%
Actual Reading: 0.795M; -8.2%
The Housing Starts figure reflects the rate of growth in housing construction. The number of housing starts is an indicator of the strength of Japan 's construction sector and a leading indicator for the direction of the economy as a whole. Housing Starts respond quickly to changes in the business cycle, promptly slowing at the onset of a recession and growing at the beginning of an economic boom. A high Housing Starts figure is generally bullish for the economy, as it indicates overall economic growth.
The headline figures are the year on year percentage change in value of housing starts, and the value of all houses started for construction that year.
hideالقراءة | 0.2%; 2.3% |
Period: Mar
Previous Reading: 0.9%; 3.0%
Forecast: 0.5%; 2.6%
Actual Reading: 0.2%; 2.3%
Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures. Simply put, inflation reflects a decline in the purchasing power of the Euro in France , where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical French household might purchase. An increase in the index indicates that it takes more Euros to purchase the same set of basic consumer items.
hideالقراءة | 0.2%; 2.3% |
Period: Mar
Previous Reading: 0.9%; 3.0%
Forecast: 0.5%; 2.6%
Actual Reading: 0.2%; 2.3%
Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures. Simply put, inflation reflects a decline in the purchasing power of the Euro in France , where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical French household might purchase. An increase in the index indicates that it takes more Euros to purchase the same set of basic consumer items.
hideالقراءة | 0.0% |
Period: Feb
Previous Reading: -0.6%
Forecast: 0.3%
Actual Reading: 0.0%
Change in the total value of inflation-adjusted goods expenditures by consumers.
hideالقراءة | 0.0% |
Period: Feb
Previous Reading: -0.6%
Forecast: 0.3%
Actual Reading: 0.0%
Change in the total value of inflation-adjusted goods expenditures by consumers.
hideالقراءة | 0.1%; 1.3% |
Period: Mar
Previous Reading: 0.1%; 0.8%
Forecast: 0.1%; 1.4%
Actual Reading: 0.1%; 1.3%
The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. GDP announcements generally conform to expectations as the number comes out after most production figures that lead to overall GDP have already been released. Although releases that are out of line with expectations are rare, unanticipated GDP growth can move markets simply because of its significance as an economic indicator.
hideالقراءة | 0.1%; 1.3% |
Period: Mar
Previous Reading: 0.1%; 0.8%
Forecast: 0.1%; 1.4%
Actual Reading: 0.1%; 1.3%
The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. GDP announcements generally conform to expectations as the number comes out after most production figures that lead to overall GDP have already been released. Although releases that are out of line with expectations are rare, unanticipated GDP growth can move markets simply because of its significance as an economic indicator.
hideالقراءة |
Period: Feb
Previous Reading: 0.4%; 2.8%
Forecast: 0.3%; 2.8%
Actual Reading:
Comprehensive measure of how much consumers spend each month, counting expenditures on durable goods, consumer products, and services. Personal Consumption is a comprehensive measure of GDP; consequently the figure is watched as an indicator for economic trends. Spending also has direct affect on inflationary pressures.
A healthy Personal Spending figure means that consumers are buying goods and services, fueling the economy and spurring output growth. The report is particularly valued for forecasting inflationary pressures. Taken in excess these high levels of consumption and production may lead to an overall increase in prices. Indeed, the Fed uses a measure of inflation derived from the PCE as their primary gauge of inflation.
On the other hand, persistently low Personal Spending may result in decreasing levels of output and an economic downturn.
Because income is either spent or saved, Personal Spending (when reported as a percent of income rather than the headline percent change) has an inverse relationship to personal saving. Economists watch the growth of Personal Spending in relation to income and saving to determine if consumers are living beyond their means, which would influence levels of borrowing and future consumption.
The PCE figure is released in headlines as a percent change from the previous month.
Core Personal Consumption Expenditure
Volatile items like food and energy can fluctuate widely due to seasonal and non-systemic factors. In order to provide a less erratic picture of Personal Consumption, food and energy items are excluded in the PCE core report.
The headline figure of PCE is expressed in percentage change in spending for the quarter.
Note: The Personal Consumption Expenditure figure is reported with the Personal Income and Outlays figure.
hideالقراءة |
Period: Feb
Previous Reading: 0.4%; 2.8%
Forecast: 0.3%; 2.8%
Actual Reading:
Comprehensive measure of how much consumers spend each month, counting expenditures on durable goods, consumer products, and services. Personal Consumption is a comprehensive measure of GDP; consequently the figure is watched as an indicator for economic trends. Spending also has direct affect on inflationary pressures.
A healthy Personal Spending figure means that consumers are buying goods and services, fueling the economy and spurring output growth. The report is particularly valued for forecasting inflationary pressures. Taken in excess these high levels of consumption and production may lead to an overall increase in prices. Indeed, the Fed uses a measure of inflation derived from the PCE as their primary gauge of inflation.
On the other hand, persistently low Personal Spending may result in decreasing levels of output and an economic downturn.
Because income is either spent or saved, Personal Spending (when reported as a percent of income rather than the headline percent change) has an inverse relationship to personal saving. Economists watch the growth of Personal Spending in relation to income and saving to determine if consumers are living beyond their means, which would influence levels of borrowing and future consumption.
The PCE figure is released in headlines as a percent change from the previous month.
Core Personal Consumption Expenditure
Volatile items like food and energy can fluctuate widely due to seasonal and non-systemic factors. In order to provide a less erratic picture of Personal Consumption, food and energy items are excluded in the PCE core report.
The headline figure of PCE is expressed in percentage change in spending for the quarter.
Note: The Personal Consumption Expenditure figure is reported with the Personal Income and Outlays figure.
hideالقراءة |
Period: Feb
Previous Reading: 0.2%
Forecast: 0.5%
Actual Reading:
Comprehensive measure of how much consumers spend each month, counting expenditures on durable goods, consumer products, and services. Personal Consumption is a comprehensive measure of GDP; consequently the figure is watched as an indicator for economic trends. Spending also has direct affect on inflationary pressures.
A healthy Personal Spending figure means that consumers are buying goods and services, fueling the economy and spurring output growth. The report is particularly valued for forecasting inflationary pressures. Taken in excess these high levels of consumption and production may lead to an overall increase in prices. Indeed, the Fed uses a measure of inflation derived from the PCE as their primary gauge of inflation.
On the other hand, persistently low Personal Spending may result in decreasing levels of output and an economic downturn.
Because income is either spent or saved, Personal Spending (when reported as a percent of income rather than the headline percent change) has an inverse relationship to personal saving. Economists watch the growth of Personal Spending in relation to income and saving to determine if consumers are living beyond their means, which would influence levels of borrowing and future consumption.
The PCE figure is released in headlines as a percent change from the previous month.
hideالقراءة |
Period: Feb
Previous Reading: 0.2%
Forecast: 0.5%
Actual Reading:
Comprehensive measure of how much consumers spend each month, counting expenditures on durable goods, consumer products, and services. Personal Consumption is a comprehensive measure of GDP; consequently the figure is watched as an indicator for economic trends. Spending also has direct affect on inflationary pressures.
A healthy Personal Spending figure means that consumers are buying goods and services, fueling the economy and spurring output growth. The report is particularly valued for forecasting inflationary pressures. Taken in excess these high levels of consumption and production may lead to an overall increase in prices. Indeed, the Fed uses a measure of inflation derived from the PCE as their primary gauge of inflation.
On the other hand, persistently low Personal Spending may result in decreasing levels of output and an economic downturn.
Because income is either spent or saved, Personal Spending (when reported as a percent of income rather than the headline percent change) has an inverse relationship to personal saving. Economists watch the growth of Personal Spending in relation to income and saving to determine if consumers are living beyond their means, which would influence levels of borrowing and future consumption.
The PCE figure is released in headlines as a percent change from the previous month.
hideالقراءة |
Period: Feb
Previous Reading: 1.0%
Forecast: 0.4%
Actual Reading:
Broad gauge of employee earnings in the US . Personal Income measures the pre-tax income households receive from employment, investments, and transfer payments. As wages and salaries make up the majority of Personal Income, the figure can provide insight on the US employment situation. However, because Personal Income is released after the headline employment figure and earnings figures, its impact on the market is muted. The figure is still useful in gauging the purchasing ability of consumers, though, as rising Personal Income allows for strong consumers spending. Such spending drives output growth and fuels the US economy.
hideالقراءة |
Period: Feb
Previous Reading: 1.0%
Forecast: 0.4%
Actual Reading:
Broad gauge of employee earnings in the US . Personal Income measures the pre-tax income households receive from employment, investments, and transfer payments. As wages and salaries make up the majority of Personal Income, the figure can provide insight on the US employment situation. However, because Personal Income is released after the headline employment figure and earnings figures, its impact on the market is muted. The figure is still useful in gauging the purchasing ability of consumers, though, as rising Personal Income allows for strong consumers spending. Such spending drives output growth and fuels the US economy.
hideالقراءة |
Period: Feb
Previous Reading: -90.2
Forecast: -90.1
Actual Reading:
Since July 2015, the US Bureau of Economic Analysis has started publishing preliminary estimate of goods trade balance. This release will be 4-7 earlier than trade balance data. Growth in the reading favors the US dollar. hide
القراءة |
Period: Feb
Previous Reading: -90.2
Forecast: -90.1
Actual Reading:
Since July 2015, the US Bureau of Economic Analysis has started publishing preliminary estimate of goods trade balance. This release will be 4-7 earlier than trade balance data. Growth in the reading favors the US dollar. hide
القراءة |
Period: Feb
Previous Reading: -0.3%
Forecast: 0.2%
Actual Reading:
The stock of unsold goods held by wholesalers. Wholesalers act as intermediaries between manufacturers or importers, and retailers. Wholesalers sell directly to retailers, who strive to act in accordance (ideally) with consumer demand. Consequently, high Wholesale Inventories indicate that unsold goods are piling up, suggesting that retailers are facing lagging consumer demand and unwilling to purchase goods. Conversely, declining Wholesale Inventories suggest retailers are buying more goods to meet strong or rising demand. Because Wholesale Inventories reflect the demand retailers have for their manufacturers' wares, the report offers an early indication of the potential strength of consumer spending.
Wholesale Inventories are reported in headlines as a percent change from the previous month.
hideالقراءة |
Period: Feb
Previous Reading: -0.3%
Forecast: 0.2%
Actual Reading:
The stock of unsold goods held by wholesalers. Wholesalers act as intermediaries between manufacturers or importers, and retailers. Wholesalers sell directly to retailers, who strive to act in accordance (ideally) with consumer demand. Consequently, high Wholesale Inventories indicate that unsold goods are piling up, suggesting that retailers are facing lagging consumer demand and unwilling to purchase goods. Conversely, declining Wholesale Inventories suggest retailers are buying more goods to meet strong or rising demand. Because Wholesale Inventories reflect the demand retailers have for their manufacturers' wares, the report offers an early indication of the potential strength of consumer spending.
Wholesale Inventories are reported in headlines as a percent change from the previous month.
hideالقراءة |
Period:
Previous Reading:
Forecast:
Actual Reading:
Federal Reserve Chair Jerome Powell. Fed Chair Feb 2018 - Feb 2022. Fed Governor May 2012 - Jan 2028. The testimony usually comes in 2 parts: first he reads a prepared statement (a text version is made available on the Fed's website at the start), then the committee will hold a question and answer session. Since the questions are not known beforehand they can make for some unscripted moments that lead to heavy market volatility. As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy. hide
القراءة |
Period:
Previous Reading:
Forecast:
Actual Reading:
Federal Reserve Chair Jerome Powell. Fed Chair Feb 2018 - Feb 2022. Fed Governor May 2012 - Jan 2028. The testimony usually comes in 2 parts: first he reads a prepared statement (a text version is made available on the Fed's website at the start), then the committee will hold a question and answer session. Since the questions are not known beforehand they can make for some unscripted moments that lead to heavy market volatility. As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy. hide
Leverage: 1:4 - 1:100
Regulation: SEC, NASD, NYSE, SFA, and other international agencies
Minimum account size: $10,000
Minimum lot size: 0.25 lot
Payment options: bank transfer
Spreads: 1.3 pips on EUR/USD
On-line since: 1977
Interactive Brokers is a financial services market giant. It has been successfully operating in the industry for over 40 years. The company was founded by Сhairman Thomas Peterffy. Interactive Brokers provides its services for institutional and professional traders. Around 1 million deals are made on a day-to-day basis. There is a tremendous list of instruments at clients' disposal, such as stocks, bonds, options, futures, currency pairs, and CFD.
IB’s headquarters is located in the US. The company’s full address is listed on the main website. It has branches in European and Asian countries.
Trading platforms
IB clients can choose among several types of trading terminals. TWS deserves special attention. The platform is equipped with various useful functions such as fundamental analysis and risk management. It allows traders to control deals and track trade balance. However, there is one minor problem. New entrants can face difficulty using the platform. Therefore, the broker recommends paying attention to an easy-to-use IBKR WebTrader trading platform. It has the IBKR Mobile and IBot apps.
Trading conditions
There are more than 100 trading sites in 31 countries around the world. The company provides investment and trading accounts. The trading commission is usually lower than competitors’. The clients who pay above $10 of commission per month or keep more than $100,000 in their accounts can count on a free monthly service. The company has specific conditions for traders under 26 years.
Registration
The registration process may seem complicated and time consuming. The company requests a large amount of client information and the filling procedure takes about 30 minutes. Account verification will take 2 days if all the requirements are met.
Deposit and withdrawal of funds
Deposits and withdrawals are made through a bank transfer. Deposit is always free of charge while withdrawal is only once a month. Сommission of $10 per month will be charged for all further procedures. It is available to make a deposit in 23 different world’s currencies, including the Russian ruble.
Customer service
Current IB clients can contact customer service 24/5. Potential clients can get in touch with the service by clicking the link ‘Looking for help’ in the electronic application form.