Location: China
Date: 31/10/2014
Time: 01:00
Strength: 3/3
Previous: 51.1
Notes: The Manufacturing Purchasing Managers Index (PMI) released by the China Federation of Logistics and Purchasing (CFLP) studies business conditions in the Chinese manufacturing sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction. As the Chinese economy has influence on the global economy, this economic indicator would have an impact on the Forex market.
#END
Friday, October 31, 2014
CN NBS Manufacturing PMI
US Reuters/Michigan Consumer Sentiment Index
Location: United States
Date: 31/10/2014
Time: 14:55
Strength: 2/3
Previous: 84.6 / Consensus: 85.0
Notes: The Reuters/Michigan Consumer Sentiment Index released by the Reuters/University of Michigan is a survey of personal consumer confidence in economic activity. It shows a picture of whether or not consumers are willing to spend money. Generally speaking, a high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
#END
US Chicago Purchasing Managers' Index
Location: United States
Date: 31/10/2014
Time: 14:45
Strength: 2/3
Previous: 60.5 / Consensus: 59.5
Notes: The Chicago Purchasing Managers Index released by Kingsbury International captures business conditions across Illinois, Indiana and Michigan. This index is an indicator of business trends and it is interrelated with the ISM manufacturing Index. It is widely used to indicate the overall economic condition in US. A result above 50 is bullish for the USD, whereas a result below 50 is seen as bearish.
#END
CA Gross Domestic Product (MoM)
Location: Canada
Date: 31/10/2014
Time: 12:30
Strength: 2/3
Previous: 0%
Notes: The Gross Domestic Product released by the Statistics Canada is a measure of the total value of all goods and services produced by Canada. The GDP is considered as a broad measure of Canadian economic activity and health. Generally speaking, a rising trend has a positive effect on the CAD, while a falling trend is seen as negative (or bearish) for the CAD.
#END
US Personal Spending
Location: United States
Date: 31/10/2014
Time: 12:30
Strength: 2/3
Previous: 0.5% / Consensus: 0.1%
Notes: Personal spending, released by Bureau of Economic Analysis, Department of Commerce, measures purchases of goods and services by households and by nonprofit institutions that serve households from private business.
#END
US Personal Income (MoM)
Location: United States
Date: 31/10/2014
Time: 12:30
Strength: 2/3
Previous: 0.3% / Consensus: 0.3%
Notes: The Personal Income released by the Bureau of Economic Analysis, Department of Commerce measures the total income received by individuals, from all sources including wages and salaries, interest, dividends, rent, workers' compensation, proprietors' earnings, and transfer payments. This figure can provide insight on the US employment situation. A high reading is positive for the USD, whereas a low reading is negative.
#END
EMU Unemployment Rate
Location: European Monetary Union
Date: 31/10/2014
Time: 10:00
Strength: 2/3
Previous: 11.5% / Consensus: 11.5%
Notes: The Unemployment Rate released by the Eurostat is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the European Economy. If the rate is up, it indicates a lack of expansion within the European lobar market. As a result, a rise leads to weaken the European economy. Generally speaking, a decrease of the figure is seen as positive (or bullish) for the EUR, while an increase is seen as negative (or bearish).
#END
EMU Consumer Price Index (YoY)
Location: European Monetary Union
Date: 31/10/2014
Time: 10:00
Strength: 3/3
Previous: 0.3% / Consensus: 0.4%
Notes: The Euro Zone CPI released by the Eurostat captures the changes in the price of goods and services. The CPI is a significant way to measure changes in purchasing trends and inflation in the Euro Zone. Generally, a high reading anticipates a hawkish attitude which will be positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).
#END
EMU Consumer Price Index - Core (YoY)
Location: European Monetary Union
Date: 31/10/2014
Time: 10:00
Strength: 3/3
Previous: 0.8%
Notes: The core Consumer Price Index released by Eurostat is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services excluding the volatile components like food, energy, alcohol and tobacco. The core CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is seen as positive or bullish for the EUR, while a low reading is seen as negative.
#END
IT Unemployment
Location: Italy
Date: 31/10/2014
Time: 09:00
Strength: 2/3
Previous: 12.3% / Consensus: 12.4%
Notes: The Unemployment Rate released by the National Institute of Statistics is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Italian economy. If the rate is up, it indicates a lack of expansion within the Italian labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Euro, while an increase is seen as negative (or bearish).
#END
DE Retail Sales (MoM)
Location: Germany
Date: 31/10/2014
Time: 07:00
Strength: 2/3
Previous: 2.5%
Notes: The Retail Sales released by the Statistisches Bundesamt Deutschland is a measure of changes in sales of the German retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales.The changes are widely followed as an indicator of consumer spending. The positive economic growth usually anticipates "Bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR.
#END
DE Retail Sales (YoY)
Location: Germany
Date: 31/10/2014
Time: 07:00
Strength: 2/3
Previous: 0.1%
Notes: The Retail Sales released by the Statistisches Bundesamt Deutschland is a measure of changes in sales of the German retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales.The changes are widely followed as an indicator of consumer spending. The positive economic growth anticipates "Bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR.
#END
JP BoJ Press Conference
Location: Japan
Date: 31/10/2014
Time: 06:30
Strength: 2/3
Previous:
Notes: Kuroda, BoJ's governor, will give a press conference in order to communicate with investors regarding monetary policy. He talks about the factors that affected the most recent interest rate decision, the overall economic outlook, inflation, and clues regarding future monetary policy.
#END
JP BoJ outlook report
Location: Japan
Date: 31/10/2014
Time: 06:00
Strength: 2/3
Previous:
Notes: The Bank of Japan decides the text of the Outlook Report in April and October Monetary Policy Meetings and releases it semiannually, after it has presented its outlook for developments in economic activity and prices, has carefully assessed upside and downside risks, and has outlined its views on the future course of monetary policy.
#END
JP Annualized Housing Starts
Location: Japan
Date: 31/10/2014
Time: 05:00
Strength: 2/3
Previous: 0.845M
Notes: The Annualized Housing Starts released by the Ministry of Land, Infrastructure and Transport captures how many new single-family homes or buildings were constructed. It shows the strength of the Japanese housing market, which can be considered as the economy as a whole due to Housing Starts' sensitivity to changes in the business cycle. A high reading is seen as positive, or bullish for the JPY, while a low reading is seen as negative, or bearish.
#END
JP Housing Starts (YoY)
Location: Japan
Date: 31/10/2014
Time: 05:00
Strength: 2/3
Previous: -12.5%
Notes: The Housing Starts released by the Ministry of Land, Infrastructure and Transport captures how many new single-family homes or buildings were constructed. It shows the strength of the Japanese housing market, which can be considered as the economy as a whole due to Housing Starts' sensitivity to changes in the business cycle. generally speaking, a high reading is seen as positive, or bullish for the JPY, while a low reading is seen as negative, or bearish.
#END
JP BoJ Monetary Policy Statement
Location: Japan
Date: 31/10/2014
Time: 03:00
Strength: 2/3
Previous:
Notes: An official monetary policy statement is released by the Policy Board of the Bank of Japan. By communicating the committee��s vote outcome regarding interest rates and other policy measures as well as the economic conditions influencing their decision, the statement gives clue to future changes in monetary policy.
#END
Thursday, October 30, 2014
UK Gfk Consumer Confidence
Location: United Kingdom
Date: 30/10/2014
Time: 00:05
Strength: 2/3
Previous: -1 / Consensus: 0
Notes: The GfK Group Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Normally, a high reading is positive for the GBP, while a low reading is bearish.
#END
JP Jobs/applicants ratio
Location: Japan
Date: 30/10/2014
Time: 0 - F
Strength: 2/3
Previous: 1.1
Notes: The ratio released by the Japan Institute of Labour, is obtained by dividing monthly active job openings by monthly active applications.
#END
JP National CPI Ex Food, Energy (YoY)
Location: Japan
Date: 30/10/2014
Time: 0 - F
Strength: 2/3
Previous: 2.3%
Notes: The National Consumer Price Index released by the Statistics Bureau is a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services. These volatile products such as food and energy are excluded in order to capture an accurate calculation. CPI is the most significant way to measure changes in purchasing trends. The purchase power of JPY is dragged down by inflation. Generally a high reading is seen as positive for the JPY.
#END
JP Overall Household Spending (YoY)
Location: Japan
Date: 30/10/2014
Time: 0 - F
Strength: 2/3
Previous: -4.7%
Notes: The Overall Household Spending released by the Ministry of Internal Affairs and Communications is an indicator that measures the total expenditure by households. The level of spending can be used as an indicator of consumer optimism. It is also considered as a measure of economic growth. A high reading is positive (or Bullish) for the JPY, while a low reading is negative (or bearish).
#END
JP National CPI Ex-Fresh Food (YoY)
Location: Japan
Date: 30/10/2014
Time: 0 - F
Strength: 2/3
Previous: 3.1% / Consensus: 3.0%
Notes: The National Consumer Price Index is released by the Statistics Bureau and it's a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services excluding fresh food. CPI is the most significant way to measure changes in purchasing trends. The purchase power of JPY is dragged down by inflation. Generally a high reading is seen as positive for the JPY.
#END
JP Unemployment Rate
Location: Japan
Date: 30/10/2014
Time: 0 - F
Strength: 2/3
Previous: 3.5% / Consensus: 3.6%
Notes: The Unemployment Rate which comes from the Ministry of Health, Labour and Welfare and it's published by the Japan Statistics Bureau, is a measure of the percentage of unemployed in Japan. A high percentage indicates weakness in the labor market which influences the strength and direction of the Japanese economy. Therefore, a low percentage should be taken as positive or bullish for the JPY.
#END
JP National Consumer Price Index (YoY)
Location: Japan
Date: 30/10/2014
Time: 0 - F
Strength: 3/3
Previous: 3.3%
Notes: The National Consumer Price Index is released by the Statistics Bureau and it's a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services. CPI is the most significant way to measure changes in purchasing trends. The purchase power of JPY is dragged down by inflation. Generally a high reading is seen as positive for the JPY.
#END
US Gross Domestic Product Annualized
Location: United States
Date: 30/10/2014
Time: 13:30
Strength: 3/3
Previous: 4.2%
Notes: The Gross Domestic Product Annualized released by the US Bureau of Economic Analysis shows the monetary value of all the goods, services and structures produced within a country in a given period of time. GDP Annualized is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Generally speaking, a high reading or a better than expected number is seen as positive for the USD, while a low reading is negative.
#END
US Gross Domestic Product Price Index
Location: United States
Date: 30/10/2014
Time: 13:30
Strength: 2/3
Previous: 2.2%
Notes: The GDP Price Index released by the Bureau of Economic Analysis, Department of Commerce gauges the change in the prices of goods and services. Changes in the GDP price index are followed as an indicator of inflationary pressure that may anticipate interest rates to rise. A high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.
#END
US Gross Domestic Product Annualized
Location: United States
Date: 30/10/2014
Time: 13:30
Strength: 3/3
Previous: 4.2%
Notes: The Gross Domestic Product Annualized released by the US Bureau of Economic Analysis shows the monetary value of all the goods, services and structures produced within a country in a given period of time. GDP Annualized is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Generally speaking, a high reading or a better than expected number is seen as positive for the USD, while a low reading is negative.
#END
US Gross Domestic Product Price Index
Location: United States
Date: 30/10/2014
Time: 13:30
Strength: 2/3
Previous: 2.2%
Notes: The GDP Price Index released by the Bureau of Economic Analysis, Department of Commerce gauges the change in the prices of goods and services. Changes in the GDP price index are followed as an indicator of inflationary pressure that may anticipate interest rates to rise. A high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.
#END
DE Consumer Price Index (YoY)
Location: Germany
Date: 30/10/2014
Time: 13:00
Strength: 3/3
Previous: 0.8% / Consensus: 0.9%
Notes: The Germany consumer price index released by the Statistiches Bundesamt Deutschland measures the average price change for all goods and services purchased by households for consumption purposes. CPI is the main indicator to measure inflation and changes i
#END
DE Harmonised Index of Consumer Prices (YoY)
Location: Germany
Date: 30/10/2014
Time: 13:00
Strength: 3/3
Previous: 0.8% / Consensus: 0.9%
Notes: HICP is an index of consumer prices calculated and published by Destatis, the Statistical Office of the European Union, on the basis of a statistical methodology that has been harmonised across all EU member states. HICP is a measure of prices used by Governing Council of EU to define and assess price stability in the euro area as a whole in quantitative terms.
#END
DE Consumer Price Index (MoM)
Location: Germany
Date: 30/10/2014
Time: 13:00
Strength: 2/3
Previous: 0% / Consensus: 0%
Notes: The Germany consumer price index released by the Statistiches Bundesamt Deutschland measures the average price change for all goods and services purchased by households for consumption purposes. CPI is the main indicator to measure inflation and changes i
#END
DE Harmonised Index of Consumer Prices (MoM)
Location: Germany
Date: 30/10/2014
Time: 13:00
Strength: 2/3
Previous: 0% / Consensus: 0%
Notes: HICP is an index of consumer prices calculated and published by Destatis, the Statistical Office of the European Union, on the basis of a statistical methodology that has been harmonised across all EU member states. HICP is a measure of prices used by Governing Council of EU to define and assess price stability in the euro area as a whole in quantitative terms.
#END
US Personal Consumption Expenditures Prices (QoQ)
Location: United States
Date: 30/10/2014
Time: 12:30
Strength: 2/3
Previous: 2.3% / Consensus: 1.7%
Notes: Personal Consumption Expenditures, released by US Department of Commerce, measures price changes in consumer goods and services. Personal consumption expenditures consist of the actual and imputed expenditures of households; the measure includes data pertaining to durables, non-durables and services. It is essentially a measure of goods and services targeted toward individuals and consumed by individuals.
#END
US Initial Jobless Claims
Location: United States
Date: 30/10/2014
Time: 12:30
Strength: 2/3
Previous: 283K
Notes: The Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy. Generally speaking, a decreasing number should be taken as positive or bullish for the USD.
#END
US Core Personal Consumption Expenditures (QoQ)
Location: United States
Date: 30/10/2014
Time: 12:30
Strength: 2/3
Previous: 2.0% / Consensus: 1.4%
Notes: The Real Personal Consumption Expenditure released by the Bureau of Economic Analysis, Department of Commerce is an average of the amount of money the consumers spend in a month on durable goods, consumer products, and services.. It is considered as an important indicator of inflation. Generally speaking, a high reading is bullish for the USD, while a low reading is bearish.
#END
US Continuing Jobless Claims
Location: United States
Date: 30/10/2014
Time: 12:30
Strength: 2/3
Previous: 2.351M
Notes: The Continuing Jobless Claims released by the US Department of Labor measure the number of individuals who are unemployed and are currently receiving unemployment benefits. It presents the strength in the labor market. A rise in this indicator has negative implications for consumer spending which discourage economic growth. Generally speaking, a high reading is seen as negative, or bearish for the USD, while a low reading is seen as positive, or bullish.
#END
DE Unemployment Rate s.a.
Location: Germany
Date: 30/10/2014
Time: 08:55
Strength: 3/3
Previous: 6.7% / Consensus: 6.7%
Notes: The Unemployment Rate released by the Bundesagentur f��r Arbeit and published by the German Statistics Office shows, in a percent basis, the amount of unemployed people in Germany, using seasonally adjusted data. A decrease in this indicator has positive implications for consumer spending which stimulates economic growth. Normally, a decrease of the figure is bullish for the EUR, while an increase is bearish.
#END
DE Unemployment Change
Location: Germany
Date: 30/10/2014
Time: 08:55
Strength: 3/3
Previous: 13K / Consensus: 5K
Notes: The Unemployment Change released by the Bundesagentur f��r Arbeit and published by the German Statistics Office is a measure of the absolute change in the number of unemployed people in Germany using seasonally adjusted data. A rise in this indicator has negative implications for consumer spending, as there���s less people working and therefore diminishes economic growth in the country. Generally, a reading above expected is seen as negative (or bearish) for the EUR, while a low reading is seen as positive (or bullish).
#END
Wednesday, October 29, 2014
AU HIA New Home Sales (MoM)
Location: Australia
Date: 29/10/2014
Time: 01:00
Strength: 2/3
Previous: 3.3%
Notes: HIA New Home Sales released by the Housing Industry Association presents the number of new home sales in Australia. It indicates the housing market condition. House buyers spend money on furnishing and financing their homes, which stimulates the demand for goods, services, and the employees. Thus, a high reading is seen as bullish (or positive) for the AUD, whereas a low reading is seen as bearish (or negative).
#END
JP Foreign bond investment
Location: Japan
Date: 29/10/2014
Time: 0 - T
Strength: 2/3
Previous: -��1169.1B
Notes: Securities investment, released by Ministry of Finance, referrers to bonds issued in a domestic market by a foreign entity in the domestic market���s currency. The report is released by the Ministry of Finance, detailing the flows from the public sector excluding Bank of Japan. The net data shows the difference of capital inflow and outflow. A positive difference indicates net sales of foreign securities by residents (capital inflow), and a negative difference indicates net purchases of foreign securities by residents (capital outflow).
#END
JP Foreign investment in Japan stocks
Location: Japan
Date: 29/10/2014
Time: 0 - T
Strength: 2/3
Previous: -��412.6B
Notes: Securities investment, released by Ministry of Finance, referrers to bonds issued in a domestic market by a foreign entity in the domestic market���s currency. The report is released by the Ministry of Finance, detailing the flows from the public sector excluding Bank of Japan. The net data shows the difference of capital inflow and outflow. A positive difference indicates net sales of foreign securities by residents (capital inflow), and a negative difference indicates net purchases of foreign securities by residents (capital outflow).
#END
NZ RBNZ Interest Rate Decision
Location: New Zealand
Date: 29/10/2014
Time: 21:00
Strength: 3/3
Previous: 3.5%
Notes: RBNZ Interest Rate Decision is announced by the Reserve Bank of New Zealand. If the RBNZ is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the NZD.Review Alex Nekritin's Article - Trading New Zealand Dollar with RBNZ Rate Decision
#END
NZ RBNZ Interest Rate Decision
Location: New Zealand
Date: 29/10/2014
Time: 21:00
Strength: 3/3
Previous: 3.5%
Notes: RBNZ Interest Rate Decision is announced by the Reserve Bank of New Zealand. If the RBNZ is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the NZD.Review Alex Nekritin's Article - Trading New Zealand Dollar with RBNZ Rate Decision
#END
US Fed Interest Rate Decision
Location: United States
Date: 29/10/2014
Time: 19:00
Strength: 3/3
Previous:
Notes: The Board of Governors of the Federal Reserve announces an interest rate. This interest rate affects the whole range of interest rates set by commercial banks, building societies and other institutions for their own savers and borrowers. It also tends to affect the exchange rate. Generally speaking, if the Fed is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the USD.
#END
US Fed Interest Rate Decision
Location: United States
Date: 29/10/2014
Time: 19:00
Strength: 3/3
Previous:
Notes: The Board of Governors of the Federal Reserve announces an interest rate. This interest rate affects the whole range of interest rates set by commercial banks, building societies and other institutions for their own savers and borrowers. It also tends to affect the exchange rate. Generally speaking, if the Fed is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the USD.
#END
US Fed's Monetary Policy Statement
Location: United States
Date: 29/10/2014
Time: 18:00
Strength: 3/3
Previous:
Notes: Following the Fed's rate decision, the FOMC releases its statement regarding monetary policy. The statement may influence the
#END
US Fed Pace of Treasury Purchase Program
Location: United States
Date: 29/10/2014
Time: 18:00
Strength: 3/3
Previous: $10B
Notes: Quantitative easing is an unconventional monetary policy set by a Central Bank, to stimulate the local economy. Since the recession started back in 2007/8, the FED has announced three different programs, being currently active the last two: a $40 billion purchase a month in mortgage-backed securities indefinitely (MBS) from financial institutions, and a $600 billion program in long-term Treasuries. The Central Bank is expected to start reducing the pace of purchases, as a result of economic improvement. Therefore, these announcements can affect big the forex market by signaling the end of the recession in the US.
#END
US Fed's Monetary Policy Statement
Location: United States
Date: 29/10/2014
Time: 18:00
Strength: 3/3
Previous:
Notes: Following the Fed's rate decision, the FOMC releases its statement regarding monetary policy. The statement may influence the
#END
US Fed Pace of MBS Purchase Program
Location: United States
Date: 29/10/2014
Time: 18:00
Strength: 3/3
Previous: $5B
Notes: Quantitative easing is an unconventional monetary policy set by a Central Bank, to stimulate the local economy. Since the recession started back in 2007/8, the FED has announced three different programs, being currently active the last two: a $40 billion purchase a month in mortgage-backed securities indefinitely (MBS) from financial institutions, and a $600 billion program in long-term Treasuries. The Central Bank is expected to start reducing the pace of purchases, as a result of economic improvement. Therefore, these announcements can affect big the forex market by signaling the end of the recession in the US.
#END
US MBA Mortgage Applications
Location: United States
Date: 29/10/2014
Time: 11:00
Strength: 2/3
Previous: 11.6%
Notes: The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
#END
UK M4 Money Supply (MoM)
Location: United Kingdom
Date: 29/10/2014
Time: 09:30
Strength: 2/3
Previous: 0.3% / Consensus: 0.5%
Notes: M4 Money is widely referred as "broad money" or simply "money supply". The M4 Money Supply released by The Bank of England measures all the sterling in circulation, encompassing notes and coins as well as money held in bank accounts. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rates. Normally, an acceleration of the M4 money is considered as positive for the GBP, whereas a decline is negative.
#END
UK Consumer Credit
Location: United Kingdom
Date: 29/10/2014
Time: 09:30
Strength: 2/3
Previous: ��0.898B
Notes: The Consumer Credit released by the Bank of England is an amount of money that individuals borrowed in the previous month. It shows if consumers can afford large expenses, which can fuel economic growth. However, a high figure may also indicate that the economy is overheating, as consumers borrow in order to live beyond their means. A high reading is seen as positive for the GBP, whereas a low reading is seen as negative.
#END
UK Net Lending to Individuals (MoM)
Location: United Kingdom
Date: 29/10/2014
Time: 09:30
Strength: 2/3
Previous: ��3.2B / Consensus: ��2.8B
Notes: UK Net Lending to Individuals released by the Bank of England is a monthly measure of growth rates, amounts outstanding and changes in total lending to individuals, divided into lending secured on dwellings and consumer credit. It shows a picture of whether or not consumers are willing to spend money. A high reading is positive for the GBP, while a low reading is negative.
#END
UK Mortgage Approvals
Location: United Kingdom
Date: 29/10/2014
Time: 08:30
Strength: 2/3
Previous: 64.212K / Consensus: 63.000K
Notes: The Mortgage Approvals released by the Bank of England presents the number of various Mortgage Approvals. It is considered as a leading indicator of the U.K. Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall U.K. economy. Generally, a high reading is seen as positive ( or bullish ) for the GBP, while a low reading is seen as negative (or bearish )
#END
Tuesday, October 28, 2014
JP Industrial Production (YoY)
Location: Japan
Date: 28/10/2014
Time: 0 - W
Strength: 2/3
Previous: -3.3%
Notes: The Industrial Production released by the Ministry of Economy, Trade and Industry measures outputs of the Japanese factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. A high reading is seen as bullish for the JPY, whereas a low reading is seen as bearish.
#END
US Consumer Confidence
Location: United States
Date: 28/10/2014
Time: 14:00
Strength: 3/3
Previous: 86.0 / Consensus: 87.7
Notes: The Conference Board's Consumer Confidence captures the level of confidence that individuals have in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Generally, a high reading is also positive for the USD, while a low reading is negative.
#END
US Durable Goods Orders ex Transportation
Location: United States
Date: 28/10/2014
Time: 12:30
Strength: 2/3
Previous: 0.7% / Consensus: 0.6%
Notes: The Durable Goods Orders measures, released by the US Census Bureau, the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, excluding the transport sector. As those durable products often involve large investments they are sensitive to the US economic situation. Generally speaking, a high reading is bullish for the USD, while a low reading is seen as Bearish.
#END
US Durable Goods Orders
Location: United States
Date: 28/10/2014
Time: 12:30
Strength: 3/3
Previous: -18.2% / Consensus: 0.7%
Notes: The Durable Goods Orders, released by the US Census Bureau, measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, such as motor vehicles and appliances. As those durable products often involve large investments they are sensitive to the US economic situation. The final figure shows the state of US production activity. Generally speaking, a high reading is bullish for the USD.
#END
US Durable Goods Orders
Location: United States
Date: 28/10/2014
Time: 12:30
Strength: 3/3
Previous: -18.2% / Consensus: 0.7%
Notes: The Durable Goods Orders, released by the US Census Bureau, measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, such as motor vehicles and appliances. As those durable products often involve large investments they are sensitive to the US economic situation. The final figure shows the state of US production activity. Generally speaking, a high reading is bullish for the USD.
#END
US Durable Goods Orders ex Transportation
Location: United States
Date: 28/10/2014
Time: 12:30
Strength: 2/3
Previous: 0.7% / Consensus: 0.6%
Notes: The Durable Goods Orders measures, released by the US Census Bureau, the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, excluding the transport sector. As those durable products often involve large investments they are sensitive to the US economic situation. Generally speaking, a high reading is bullish for the USD, while a low reading is seen as Bearish.
#END
Monday, October 27, 2014
JP Retail Trade s.a (MoM)
Location: Japan
Date: 27/10/2014
Time: 0 - T
Strength: 2/3
Previous: 1.9%
Notes: The Retail Trade released by the Ministry of Economy, Trade and Industry captures the aggregate sales made through a business location (usually a store) in which the principal activity is the sale of merchandise and related services to the general public, for household or personal consumption. Consumer spending is a key important indicator for the Japanese economy. A high reading is positive for the JPY, while a low reading is negative.
#END
JP Retail Trade (YoY)
Location: Japan
Date: 27/10/2014
Time: 0 - T
Strength: 2/3
Previous: 1.2%
Notes: The Retail Trade released by the Ministry of Economy, Trade and Industry captures the aggregate sales made through a business location (usually a store) in which the principal activity is the sale of merchandise and related services to the general public, for household or personal consumption. Consumer spending is a key important indicator for the Japanese economy. A high reading is positive for the JPY, while a low reading is negative.
#END
JP Large Retailer's Sales
Location: Japan
Date: 27/10/2014
Time: 0 - T
Strength: 2/3
Previous: 1.6%
Notes: The Large Retailers' Sales released by the Ministry of Economy, Trade and Industry captures the total value of goods sold in large stores, chain convenience stores, and supermarkets. It indicates the level of consumption and consumer confidence. A high level of Large Retailers�� Sales stimulates economic expansion while a low level drives to economic downturn. A high reading is positive for the JPY, while a low reading is bearish.
#END
US Pending Home Sales (YoY)
Location: United States
Date: 27/10/2014
Time: 14:00
Strength: 2/3
Previous: -2.2%
Notes: The Pending Home Sales released by the National Association of Realtors is a leading indicator of trends of the housing market in the US It captures residential housing contract activity of existing single-family homes. As the housing market is considered as a sensitive factor to the US economy, it generates some
#END
US Markit PMI Composite
Location: United States
Date: 27/10/2014
Time: 13:45
Strength: 2/3
Previous: 59
Notes: The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and services companies. Data is usually released on the third working day of each month. Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month. From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).
#END
US Markit Services PMI
Location: United States
Date: 27/10/2014
Time: 13:45
Strength: 2/3
Previous: 58.9 / Consensus: 57.0
Notes: The Services Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic condition in US. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.
#END
DE IFO - Expectations
Location: Germany
Date: 27/10/2014
Time: 09:00
Strength: 2/3
Previous: 99.3 / Consensus: 98.7
Notes: The IFO Expectations released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations for the next six months, where firms rate the future outlook as better, same, or worse. An optimistic view of those 7,000 business leaders and senior managers is considered as positive, or bullish for the EUR, whereas a pessimistic view is considered as negative, or bearish.Review Alex Nekritin's Article - Trading Euro with IFO Report
#END
DE IFO - Current Assessment
Location: Germany
Date: 27/10/2014
Time: 09:00
Strength: 2/3
Previous: 110.5 / Consensus: 109.5
Notes: The IFO Current Assessment released by the CESifo Group is closely watched as an indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish).Review Alex Nekritin's Article - Trading Euro with IFO Report
#END
DE IFO - Business Climate
Location: Germany
Date: 27/10/2014
Time: 09:00
Strength: 2/3
Previous: 104.7 / Consensus: 104.1
Notes: This German business sentiment index released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish).Review Alex Nekritin's Article - Trading Euro with IFO Report
#END
Sunday, October 26, 2014
EMU Bank Stress Test Info
Location: European Monetary Union
Date: 26/10/2014
Time: 01:00
Strength: 3/3
Previous:
Notes: The objective of the extended stress test exercise, done by the Committee of European Banking Supervisors (CEBS), is to assess the overall resilience of the EU banking sector and the banks' ability to absorb further possible shocks on credit and market risks, including sovereign risks, and to assess the current dependence on public support measures.
#END
Thursday, October 23, 2014
US CB Leading Indicator (MoM)
Location: United States
Date: 23/10/2014
Time: 15:00
Strength: 2/3
Previous:
Notes: The Leading Indicators released by the Conference Board measures future trends of the overall economic activity including employment, average manufacturing workweek, initial claims, permits for new housing construction, stock prices and yield curve. It is considered as a measure for economic stability in United States. This event generates some
#END
AU Consumer Price Index (YoY)
Location: Australia
Date: 23/10/2014
Time: 02:30
Strength: 3/3
Previous: 3%
Notes: The Consumer Price Index released by the RBA and republished by the Australian Bureau of Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of AUD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. A high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or Bearish).
#END
AU Consumer Price Index (QoQ)
Location: Australia
Date: 23/10/2014
Time: 02:30
Strength: 2/3
Previous: 0.5%
Notes: The Consumer Price Index released by the RBA and republished by the Australian Bureau of Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services . The purchase power of AUD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. A high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or Bearish).
#END
AU Consumer Price Index (YoY)
Location: Australia
Date: 23/10/2014
Time: 02:30
Strength: 3/3
Previous: 3%
Notes: The Consumer Price Index released by the RBA and republished by the Australian Bureau of Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of AUD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. A high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or Bearish).
#END
AU Consumer Price Index (QoQ)
Location: Australia
Date: 23/10/2014
Time: 02:30
Strength: 2/3
Previous: 0.5%
Notes: The Consumer Price Index released by the RBA and republished by the Australian Bureau of Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services . The purchase power of AUD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. A high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or Bearish).
#END
Wednesday, October 22, 2014
CA BoC Press Conference
Location: Canada
Date: 22/10/2014
Time: 16:15
Strength: 3/3
Previous:
Notes: BOC Governor and Senior Deputy Governor hold a press conference after the release of BOC Monetary Policy Report. The press conference has 2 parts - first a prepared statement is read, then the conference is open to press questions.
#END
CA BoC Press Conference
Location: Canada
Date: 22/10/2014
Time: 16:15
Strength: 3/3
Previous:
Notes: BOC Governor and Senior Deputy Governor hold a press conference after the release of BOC Monetary Policy Report. The press conference has 2 parts - first a prepared statement is read, then the conference is open to press questions.
#END
CA Bank of Canada Monetary Policy Report
Location: Canada
Date: 22/10/2014
Time: 15:30
Strength: 3/3
Previous:
Notes: The Bank of Canada publishes a study of economic movements in Canada. It indicates a sign of new fiscal policy. Any changes in this report tend to affect the CAD
#END
CA Bank of Canada Monetary Policy Report
Location: Canada
Date: 22/10/2014
Time: 15:30
Strength: 3/3
Previous:
Notes: The Bank of Canada publishes a study of economic movements in Canada. It indicates a sign of new fiscal policy. Any changes in this report tend to affect the CAD
#END
CA BoC Interest Rate Decision
Location: Canada
Date: 22/10/2014
Time: 15:00
Strength: 3/3
Previous: 1%
Notes: BoC Interest Rate Decision is announced by the Bank of Canada. If the BoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CAD. Likewise, if the BoC has a dovish view on the Canadian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.
#END
CA BoC Interest Rate Decision
Location: Canada
Date: 22/10/2014
Time: 15:00
Strength: 3/3
Previous: 1%
Notes: BoC Interest Rate Decision is announced by the Bank of Canada. If the BoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CAD. Likewise, if the BoC has a dovish view on the Canadian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.
#END
CA BOC Rate Statement
Location: Canada
Date: 22/10/2014
Time: 15:00
Strength: 3/3
Previous:
Notes: This statement is the primary medium used by the Bank of Canada (BoC) to communicate with investors about monetary policy decisions, specifically those regarding interest rates.
#END
CA BOC Rate Statement
Location: Canada
Date: 22/10/2014
Time: 15:00
Strength: 3/3
Previous:
Notes: This statement is the primary medium used by the Bank of Canada (BoC) to communicate with investors about monetary policy decisions, specifically those regarding interest rates.
#END
US Consumer Price Index (YoY)
Location: United States
Date: 22/10/2014
Time: 13:30
Strength: 3/3
Previous:
Notes: The Consumer Price Index released by the US Bureau of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of USD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or Bearish).
#END
US Consumer Price Index (YoY)
Location: United States
Date: 22/10/2014
Time: 13:30
Strength: 3/3
Previous:
Notes: The Consumer Price Index released by the US Bureau of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of USD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or Bearish).
#END
US Consumer Price Index Ex Food & Energy (YoY)
Location: United States
Date: 22/10/2014
Time: 13:30
Strength: 3/3
Previous:
Notes: The Consumer Price Index (CPI) Ex Food & Energy released by the US Department of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. Those volatile products such as food and energy are excluded in order to capture an accurate calculation. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or Bearish).
#END
US Consumer Price Index (MoM)
Location: United States
Date: 22/10/2014
Time: 13:30
Strength: 2/3
Previous:
Notes: The Consumer Price Index released by the US Bureau of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of USD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or Bearish).
#END
US Consumer Price Index (MoM)
Location: United States
Date: 22/10/2014
Time: 13:30
Strength: 2/3
Previous:
Notes: The Consumer Price Index released by the US Bureau of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of USD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or Bearish).
#END
US Consumer Price Index Ex Food & Energy (YoY)
Location: United States
Date: 22/10/2014
Time: 13:30
Strength: 3/3
Previous:
Notes: The Consumer Price Index (CPI) Ex Food & Energy released by the US Department of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. Those volatile products such as food and energy are excluded in order to capture an accurate calculation. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or Bearish).
#END
UK Bank of England Minutes
Location: United Kingdom
Date: 22/10/2014
Time: 10:30
Strength: 3/3
Previous:
Notes: The minutes of the BoE MPC meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. Generally speaking, if the BoE is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the GBP.
#END
UK Bank of England Minutes
Location: United Kingdom
Date: 22/10/2014
Time: 10:30
Strength: 3/3
Previous:
Notes: The minutes of the BoE MPC meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. Generally speaking, if the BoE is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the GBP.
#END
UK Gross Domestic Product (QoQ)
Location: United Kingdom
Date: 22/10/2014
Time: 09:30
Strength: 3/3
Previous: 0.8%
Notes: The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).
#END
UK Gross Domestic Product (QoQ)
Location: United Kingdom
Date: 22/10/2014
Time: 09:30
Strength: 3/3
Previous: 0.8%
Notes: The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).
#END
UK Gross Domestic Product (YoY)
Location: United Kingdom
Date: 22/10/2014
Time: 09:30
Strength: 3/3
Previous: 3.2%
Notes: The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).
#END
UK BOE MPC Vote Unchanged
Location: United Kingdom
Date: 22/10/2014
Time: 09:30
Strength: 3/3
Previous: 7
Notes: Interest rates are set by the Bank���s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members ��� the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.
#END
UK BOE MPC Vote Hike
Location: United Kingdom
Date: 22/10/2014
Time: 09:30
Strength: 3/3
Previous: 2
Notes: Interest rates are set by the Bank���s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members ��� the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.
#END
UK BOE MPC Vote Cut
Location: United Kingdom
Date: 22/10/2014
Time: 09:30
Strength: 3/3
Previous: 0
Notes: Interest rates are set by the Bank���s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members ��� the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.
#END
UK Gross Domestic Product (YoY)
Location: United Kingdom
Date: 22/10/2014
Time: 09:30
Strength: 3/3
Previous: 3.2%
Notes: The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).
#END
Tuesday, October 21, 2014
CN Retail Sales (YoY)
Location: China
Date: 21/10/2014
Time: 06:30
Strength: 2/3
Previous: 11.9%
Notes: The Retail Sales report released by the National Bureau of Statistics of China measures the total receipts of the retailed consumer goods. It reflects the total consumer goods that the various industries supply to the households and social groups through various channels. It is an important indicator to study the changes in the Chinese retail market and reflecting the degree of economic prosperity. In general, A high reading is seen as positive (or bullish) CNY, while a low reading is seen as negative (or bearish) for the CNY.
#END
CN Urban investment (YTD) (YoY)
Location: China
Date: 21/10/2014
Time: 06:30
Strength: 2/3
Previous: 16.5%
Notes: The Urban investment released by the National Bureau of Statistics of China refers to the total amount money of the activities in construction and purchase of fixed assets, it is a comprehensive index which reflect the scale, pace, proportional relations and use orientation of the fixed assets investment. A large urban investment is an indicative of China's overall economic growth and strong domestic demand. As the Chinese economy has influence on the global economy, this economic indicator would have an impact on the Forex market. In general, a high reading is seen as positive (or bullish) CNY, while a low reading is seen as negative (or bearish) for the CNY.
#END
CN Retail Sales (YoY)
Location: China
Date: 21/10/2014
Time: 06:30
Strength: 2/3
Previous: 11.9%
Notes: The Retail Sales report released by the National Bureau of Statistics of China measures the total receipts of the retailed consumer goods. It reflects the total consumer goods that the various industries supply to the households and social groups through various channels. It is an important indicator to study the changes in the Chinese retail market and reflecting the degree of economic prosperity. In general, A high reading is seen as positive (or bullish) CNY, while a low reading is seen as negative (or bearish) for the CNY.
#END
CN Industrial Production (YoY)
Location: China
Date: 21/10/2014
Time: 06:30
Strength: 2/3
Previous: 6.9%
Notes: Industrial Production is released by the National Bureau of Statistics of China. It shows the volume of production of Chinese Industries such as factories and manufacturing facilities. A surge in output is regarded as inflationary which would prompt the Peopleâ s Bank of China would tighten monetary policy and fiscal policy risk. Generally speaking, if high industrial production growth comes out, this may generate a positive sentiment (or bullish) for the CNY, whereas a low reading is seen as negative (or Bearish) for the CNY.
#END
CN Industrial Production (YoY)
Location: China
Date: 21/10/2014
Time: 06:30
Strength: 2/3
Previous: 6.9%
Notes: Industrial Production is released by the National Bureau of Statistics of China. It shows the volume of production of Chinese Industries such as factories and manufacturing facilities. A surge in output is regarded as inflationary which would prompt the People���s Bank of China would tighten monetary policy and fiscal policy risk. Generally speaking, if high industrial production growth comes out, this may generate a positive sentiment (or bullish) for the CNY, whereas a low reading is seen as negative (or Bearish) for the CNY.
#END
CN Urban investment (YTD) (YoY)
Location: China
Date: 21/10/2014
Time: 06:30
Strength: 2/3
Previous: 16.5%
Notes: The Urban investment released by the National Bureau of Statistics of China refers to the total amount money of the activities in construction and purchase of fixed assets, it is a comprehensive index which reflect the scale, pace, proportional relations and use orientation of the fixed assets investment. A large urban investment is an indicative of China's overall economic growth and strong domestic demand. As the Chinese economy has influence on the global economy, this economic indicator would have an impact on the Forex market. In general, a high reading is seen as positive (or bullish) CNY, while a low reading is seen as negative (or bearish) for the CNY.
#END
JP All Industry Activity Index (MoM)
Location: Japan
Date: 21/10/2014
Time: 05:30
Strength: 2/3
Previous:
Notes: The All Industry Activity Index released by the Ministry of Economy, Trade and Industry captures the monthly change in overall production by all industries of the Japanese economy. The index indicates the Japanese GDP and the overall growth figures, providing insight into current levels of Japanese economic expansion. Normally, a high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish).
#END
AU RBA Meeting's Minutes
Location: Australia
Date: 21/10/2014
Time: 02:30
Strength: 2/3
Previous:
Notes: The minutes of the Reserve Bank of Australia meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. If the RBA is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the AUD.
#END
AU RBA Meeting's Minutes
Location: Australia
Date: 21/10/2014
Time: 02:30
Strength: 2/3
Previous:
Notes: The minutes of the Reserve Bank of Australia meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. If the RBA is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the AUD.
#END
Monday, October 20, 2014
Alderney and Guernsey are to offer dual licensing to the spread betting industry. This landmark agreement between the gambling regulator in Alderney and the financial regulator in its sister island of Guernsey will further enhance the islands' world-leading offering to the eGambling sector.
Robin Le Prevost, the Director for Business Development for Alderney commented:
'We were aware that the spread betting, CFD and binary options sector were looking for a quality jurisdiction from which to base their operations. We have often been approached, but the Alderney Gambling Control Commission has been unable to accommodate their requirements due to the investment nature of some of the products.'
'The AGCC has been in discussions with the Guernsey Financial Services Commission over the demarcation of their respective remits and this collaboration is the result.'
'The two organisations have combined their skill sets and will offer duel licensing covering the full range of products this sector specialises in. This means binary options, binary betting, contracts for differences and all types of spread betting can be covered by this dual licensing system.
'Alderney is world renowned for its beneficial commercial environment, stable government and technical prowess and these compelling elements will remain and are indeed enhanced by Guernsey's involvement. The combined benefits of the two islands offers a highly attractive location from which to base companies from this sector
Read more: http://www.sbcnews.co.uk/europe/2014/10/20/alderney-and-guernsey-to-jointly-regulate-binary-options-and-cfds/#ixzz3GiMwGZP4
UK Retail Sales ex-Fuel (YoY)
Location: United Kingdom
Date: 20/10/2014
Time: 09:30
Strength: 2/3
Previous: 4.5%
Notes: The Retail Sales ex-fuel released by the National Statistics is a measure of changes in sales of the British retail sector excluding fuel. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales. The changes are widely followed as an indicator of consumer spending. A high reading is seen as positive (or bullish) for the Pound, while a low reading is seen as negative (or bearish).
#END
JP Merchandise Trade Balance Total
Location: Japan
Date: 20/10/2014
Time: 00:50
Strength: 2/3
Previous: -��948.5B
Notes: The Merchandise Trade Balance Total released by the Ministry of Finance is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Japan is so much dependant on exports that the Japanese economy heavily relies on a trade surplus. Therefore, any variation in the figures influences the domestic economy. If a steady demand in exchange for Japanese exports is seen, that would turn into a positive.
#END
JP Adjusted Merchandise Trade Balance
Location: Japan
Date: 20/10/2014
Time: 00:50
Strength: 2/3
Previous: -��924.161B
Notes: Adjusted Merchandise Trade Balance is released by the Customs Office and it's a seasonal measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Japan is so much dependant on exports. A high reading is positive for the JPY, while a low reading is seen as negative (or bearish).
#END
Friday, October 17, 2014
20 years ago we remember seeing idiot FDs trading spread bets ahead of announcements in their own firms. Nothing changes. Plenty of educated people who are properly thick when it comes to trying to rip off both a bookmaker and a regulated OTC activity. Stick to trading in Belize!
The roll-out of ASIC's market surveillance system in 2010 made it easier and quicker to identify suspicious trading. Photo: Arsineh Houspian
A swathe of insider trader and market manipulation cases has revealed how white collar criminals are using complex financial products including contracts for difference (CFD) to avoid detection.
Lawyers said the highly leverage nature of CFDs made them particularly tempting for younger traders because they require far less capital and can reap larger profits than if the same amount was invested in underlying shares. Recent cases have reflected an increased popularity of CFDs, including that of Nigel Derek Heath, 51, of Wahroonga in Sydney who pleaded guilty to two market manipulation charges at the Downing Centre Local Court on Tuesday.
The charges against the experienced day trader – who had a $1.4 million CFD portfolio and a masters in law – concerned trades in four resource companies between February 16, 2012 and October 11, 2013.
Geoff Hoffman, partner in charge at Clayton Utz in Sydney said CFDs gave traders economic exposure to movements in a share price without actually owning shares in a particular stock.
They could be exploited by anyone who was confident about the direction a stock was going to move, he said.
Insider traders were also attracted to contracts for difference because they believed the trades would be harder for regulators to detect.
But Mr Hoffman said many came undone because the investment bank that sold the CFD would ordinarily hedge their position.
'They think they won't get caught'
"They think they won't get caught. And were it not for the hedging activity, it might be unlikely that it would be detected," Mr Hoffman said.
"It's the order the bank puts into the market to execute the hedge that throws a red flag up with the regulators about a big buy that's occurred immediately before a big announcement."
Allens partner Matthew McLennan said CFDs were attractive to young traders who did not have access to large amounts of capital.
"If you own the shares it puts a natural limit on how much you can gain," Mr McLennan said. "Whereas with a CFD, or some other form of leverage, you increase your upside substantially and risk a lot less capital."
Directors had obligations to disclose their CFDs just as any share holding. But directors could also take advantage of CFDs because they did not involve registering a transfer, and could therefore have a better chance of the trades escaping detection by the company, Mr McLennan said.
Norton Rose Fulbright partner David Porter, said the initial margin that traders took was often between 3 per cent and 30 per cent of an actual share price.
Mr Porter worked on a case involving Sonray Capital Markets, which provided advice on CFDs until it collapsed in 2010 owing more than $46 million.
Readily available, many products
The company's former sole director Russell Andrew Johnson, was sentenced to 6½ years jail for false accounting, theft and deception and conspiracy to steal in April while its former chief executive Scott Kenneth Murray, was sentenced to a non-parole period of two years and six months for 10 similar charges in October 2011.
Mr Porter said what made CFDs attractive was that they were readily available in any number of over-the-counter products including shares, currencies and futures.
"They are harder to detect because they don't involve share registers," he said. "You can just enter into some over-the-counter contract."
Ashurst partner Jonathan Gordon said another attraction of CFDs was that they could also be used to establish a short position.
For example if a person has inside information which they think will ultimately lead to a fall in the share price, the person may choose to take a short CFD position to profit from a later share price fall, Mr Gordon said.
He said while many traders might not know that the insider dealing laws applied to CFDs and other derivatives, and not just to shares, the recent success of ASIC's enforcement actions would have now made it clear.
"Traders should be aware that ASIC has very sophisticated surveillance systems in place to detect unusual trading activity, including through CFDs," Mr Gordon said.
Suspicious activity passed on
Head of compliance at provider IG Natalie Beirne said it also had legal obligations to monitor trading for market abuse and insider trading and any information about suspicious activity was passed directly to ASIC.
Ms Beirne said it needed efficient CFD markets for the products to be as transparent and viable as possible.
Though dissimilar to a share registry, IG held information about who held CFDs that could be readily provided to authorities, she said.
"Our dealing desk monitors transactions processed, they are familiar with what is going on in the market, announcements and trading halts, and will report anything that is suspicious," Ms Beirne said.
It also had an automated monitoring system that picked up unusual trading patterns and large trades.
Australian Institute of Company Directors Steve Burrell, general manager of communications said companies could impose additional prohibitions or restrictions on CFD trading and require directors to disclose trades under their internal trading policies.
"A trading policy must also be lodged with the ASX for disclosure to the market so any restrictions on trading are public knowledge," Mr Burrell said.
ASIC devoting resources to the issue
An ASIC spokesman Andre Khoury said it pursued insider trading matters involving all financial products and it was just as possible to get caught in the CFD market as in the physical market.
"ASIC is devoting its resources to confronting the issue and has the systems to effectively detect, analyse and investigate potential cases of insider trading," Mr Khoury said.
The roll-out of ASIC's market surveillance system in 2010 made it easier and quicker to identify suspicious trading by connecting patterns and relationships.
It could make inquiries into the listed derivatives space that it previously could not pursue because it did not have the information, he said.
Trading by directors was subject to more scrutiny because of the expectation they possess market sensitive information unavailable to the rest of the market.
"The message is simple – we are watching trades on Australia's financial markets and can detect misconduct faster and more easily than ever before."
ASIC had brought more than 33 cases since 2009 that resulted in more than 20 convictions.
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