Forex Economic Calendar's forex economic calendar helps you dig deep into all the financial events, without the heartburn of forex analysis paralysis.

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Monetary Aggregates M3 close
# Revised Better / Worse Units: % y/y
Impact Actual Forecast Previous Time Date
Low 5.00 5.20 22:00 4/29


Reserve Bank of New Zealand


Broadest accounting for all New Zealand dollars in circulation and bank depostis.



Why should I care?

Shows immediate impact of monetary policy actions and can indicate future direction of inflation and interest rates


The OlsenScale (SMQ)

The Olsen Scale quantifies the market activity according to the Scale of Market Quakes (SMQ).

Similar to the Richter scale which measures the release of seismic energy during an earthquake, the SMQ relates excessive pricing along various price and time scales to historical data by assigning a single number to it. On a constant basis, the scale therefore characterizes the state of the market.

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Released: Apr 29, 2012 22:00
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