Germany Bundesbank Mauderer Speech

Info

History

Chart

Impact:

Medium

Next Release:

Forecast:

Period: Jan 2019

What Does It Measure?

The Germany Bundesbank Mauderer Speech typically measures the perspective and anticipated direction of monetary policy as conveyed by a member of the Bundesbank. It reflects key areas affecting the economy such as inflation trends, economic growth, and the central bank's stance on interest rates, thereby signaling potential shifts in economic policy.

Frequency

The speech is delivered at irregular intervals, often aligned with significant economic events or forums, and can be considered a preliminary statement on monetary policy; the exact release date can vary.

Why Do Traders Care?

Traders pay close attention to these speeches as they provide insights into the central bank's economic outlook and policy directions, which can affect currencies, stocks, and bonds. A hawkish tone may strengthen the euro, while a dovish perspective could lead to a weaker currency and more bullish equity markets.

What Is It Derived From?

The content of the speech is derived from the Bundesbank's analysis and policy considerations, often reflecting detailed economic data, fiscal conditions, and broader macroeconomic indicators through the lens of the speaker's expertise and the bank's objectives.

Description

The Bundesbank Mauderer Speech functions as a commentary on prevailing economic conditions and anticipated monetary policy actions, providing investors with cues on potential interest rate adjustments and economic health indicators. While not a comprehensive report, it acts as a valuable signal in the context of monetary policy discussions, guiding market expectations accordingly.

Additional Notes

This speech is important as a leading economic measure, providing hints about future monetary policy that could influence market behavior. It is closely watched in relation to other economic indicators and can serve to reinforce or contradict prevailing trends.

Bullish or Bearish for Currency and Stocks

The impact of the speech will depend on its content. If the speech indicates a hawkish tone with a focus on tightening policy due to inflation concerns, it could be classified as bullish for the euro and bearish for stocks; conversely, a dovish tone may lead to a bearish outlook for the euro and bullish conditions for equities.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Time	Actual	Forecast	Previous	Surprise