US Housing Price Index (MoM)

Location: United States

Date: 23/07/2013

Time: 14:00 - 15:00

Strength: 2/3

Previous: 0.7% / Consensus: 0.8%

Notes: The Housing Price Index released by the Office of Federal Reserve Housing Enterprise Oversightprovides an estimated value of housing market conditions. It is an important indicator as the housing market is considered as a sensitive factor to the US economy. 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 BBA Mortgage Approvals

Location: United Kingdom

Date: 23/07/2013

Time: 9:30 - 10:30

Strength: 2/3

Previous: 36.1K / Consensus: 38.5K

Notes: The Mortgage Approvals published by the British Bankers' Association (BBA) measure the number of home loans issued by the BBA during the previous quarter. It is considered as a leading indicator of the UK Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall UK economy. Normally, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish)

#END

UK Public Sector Net Borrowing

Location: United Kingdom

Date: 19/07/2013

Time: 9:30 - 10:30

Strength: 2/3

Previous: �10.535B / Consensus: �9.400B

Notes: The Net Borrowing released by the National Statistics captures an amount of new debt held by the U.K. governments (the financial deficit in the UK national accounts). Generally speaking, if the Net Borrowing is negative, it means the UK Accounts are surplus, and that should be positive for the GBP. While a deficit is generally unfavorable for the economy, a growth in the Net Borrowing is considered as negative, or bearish for the GBP.

#END

UK Retail Sales ex-Fuel (YoY)

Location: United Kingdom

Date: 18/07/2013

Time: 9:30 - 10:30

Strength: 2/3

Previous: 2.1% / Consensus: 1.6%

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

UK Retail Sales (YoY)

Location: United Kingdom

Date: 18/07/2013

Time: 9:30 - 10:30

Strength: 2/3

Previous: 1.9% / Consensus: 1.7%

Notes: The retail Sales released by the National Statistics measures the total receipts of retail stores. Monthly percent changes reflect the rate of changes of such sales. Changes in Retail Sales are widely followed as an indicator of consumer spending. Generally speaking, a high reading is seen as positive, or bullish for the GBP, while a low reading is seen as negative or bearish.

#END

UK Claimant Count Rate

Location: United Kingdom

Date: 18/07/2013

Time: 9:30 - 10:30

Strength: 2/3

Previous: 4.5% / Consensus: 4.5%

Notes: The Claimant Count Rate released by the National Statistics is a monthly measure of unemployment in the UK It indicates the health of the UK labor market. If the rate is up, it indicates a lack of expansion within the UK labor market, while it indicates economic expansion and could spark inflationary pressures if the rate is down. Generally, a decrease of the figure is seen as positive (or bullish) for the GBP, while an increase is seen as negative.

#END

DE 10-y Bond Auction

Location: Germany

Date: 18/07/2013

Time: 10:30 - 11:30

Strength: 2/3

Previous: 1.55%

Notes: Displayed in the calendar is the average yield on the Federal Bonds auctioned by Deutsche Bundesbank. German Federal Bonds have maturities of above then ten years. The yield on the bonos represents the return an investor will receive by holding the bond until maturity. Investors monitor the yield volatility and compare the average rate at auction to the rate at previous auctions of the same security as an indicator of the government debt situation.

#END

US Fed's Beige Book

Location: United States

Date: 17/07/2013

Time: 19:00 - 20:00

Strength: 3/3

Previous:

Notes: The Beige Book reports on the current US economic situation. Through interviews with key business contacts, economists, market experts, and other sources are gathered by each of the 12 Federal Reserve Districts. The survey gives a picture of the overall US economic growth. An optimistic view of those authorities is considered as positive, or bullish for the USD, whereas a pessimistic view is considered as negative, or bearish for the Dollar.

#END

UK Average Earnings including Bonus (3Mo/Yr)

Location: United Kingdom

Date: 17/07/2013

Time: 9:30 - 10:30

Strength: 2/3

Previous: 1.3% / Consensus: 1.4%

Notes: The Average Earing Including Bonus released by the National Statistics is a key short-term indicator of how levels of pay are changing within the U.K. economy. Generally speaking, the positive earnings growth anticipates "Bullish for the GBP, whereas a low reading is seen

#END

US Net Long-Term TIC Flows

Location: United States

Date: 16/07/2013

Time: 14:00 - 15:00

Strength: 2/3

Previous: -$37.3B / Consensus: $14.3B

Notes: The Net Long-Term TIC Flows is released by the US Department of Treasury. TIC stands for Treasury International Capital. It shows in and out flows of financial resources in the United States. The TIC flows is one of the major events in the market, as it is seen by most participants as the Government resource for offsetting the current Trade Deficit. Generally speaking, a high reading is positive (or bullish) for the USD, while a low reading is negative (or bearish).

#END

US Consumer Price Index (YoY)

Location: United States

Date: 16/07/2013

Time: 13:30 - 14:30

Strength: 3/3

Previous: 1.4% / Consensus: 1.5%

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 (MoM)

Location: United States

Date: 16/07/2013

Time: 13:30 - 14:30

Strength: 2/3

Previous: 0.2% / Consensus: 0.2%

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: 16/07/2013

Time: 13:30 - 14:30

Strength: 2/3

Previous: 0.1% / Consensus: 0.3%

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: 16/07/2013

Time: 13:30 - 14:30

Strength: 3/3

Previous: 1.7% / Consensus: 1.6%

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 BOE Inflation Letter

Location: United Kingdom

Date: 16/07/2013

Time: 11:00 - 12:00

Strength: 3/3

Previous:

Notes: BOE inflation letter is issued if the earlier-released CPI y/y is above 3.0% or below 1.0%. If CPI is not above 3.0% or below 1.0% this event will be removed from the calendar immediately following the CPI release. Otherwise the Tentative mark will be discarded when the exact timing of the letter is known.

#END