EMU Retail Sales (YoY)

Location: European Monetary Union

Date: 05/08/2013

Time: 10:00 - 11:00

Strength: 2/3

Previous: -0.1% / Consensus: -1.3%

Notes: The Retail Sales released by the Eurostat is a measure of changes in sales of the Euro zone 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. Usually, the positive economic growth anticipates "Bullish for the EUR, while a low reading is seen as negative, or bearish, for the EUR.

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UK Markit Services PMI

Location: United Kingdom

Date: 05/08/2013

Time: 9:28 - 10:28

Strength: 2/3

Previous: 56.9 / Consensus: 57.4

Notes: The PMI service released by both the Chartered Institute of Purchasing & Supply and the Markit Economics is an indicator of the economic situation in the UK services sector. It captures an overview of the condition of sales and employment. It is worth noting that the UK service sector does not influence, either positively or negatively, the GDP as much as the Manufacturing PMI does. Traders want the highest possible reading as that will be taken as positive for the GBP. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

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EMU Markit PMI Composite

Location: European Monetary Union

Date: 05/08/2013

Time: 8:58 - 9:58

Strength: 2/3

Previous: 48.7 / Consensus: 50.5

Notes: The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on surveys of over 300 business executives in private sector manufacturing companies and also 300 private sector 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).

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DE Markit Services PMI

Location: Germany

Date: 05/08/2013

Time: 8:53 - 9:53

Strength: 2/3

Previous: 50.4 / Consensus: 52.5

Notes: The Services PMI released by Markit Economics interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

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IT Markit Services PMI

Location: Italy

Date: 05/08/2013

Time: 8:43 - 9:43

Strength: 2/3

Previous: 45.8 / Consensus: 47.0

Notes: The Services PMI released by the Markit Economics is an indicator of the economic situation in Italian services sector. It captures an overview of the condition of sales and employment. Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually a result above 50 is bullish for the Euro, whereas a result below 50 is seen as bearish.

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JP Bank of Japan Monthly Economic Survey

Location: Japan

Date: 05/08/2013

Time: 6:00 - 7:00

Strength: 2/3

Previous:

Notes: The BoJ Monthly Economic Survey released by the Bank of Japan presents a study of economic movements in Japan. It reviews economic developments inside and outside of Japan and indicate a sign of new fiscal policy. Any changes in this report tend to affect the JPY volatility. Normally, a high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish).

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CN HSBC China Services PMI

Location: China

Date: 05/08/2013

Time: 2:45 - 3:45

Strength: 2/3

Previous: 51.3

Notes: The HSBC China Services PMI" is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy.

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AU Retail Sales s.a. (MoM)

Location: Australia

Date: 05/08/2013

Time: 2:30 - 3:30

Strength: 2/3

Previous: 0.1% / Consensus: 0.4%

Notes: The Retail Sales released by the Australian Bureau of Statistics is a survey of goods sold by retailers is based on a sampling of retail stores of different types and sizes and it's considered as an indicator of the pace of the Australian economy. It shows the

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AU TD Securities Inflation (YoY)

Location: Australia

Date: 05/08/2013

Time: 1:30 - 2:30

Strength: 2/3

Previous: 2.4%

Notes: TD Securities Inflation released by The University of Melbourne - Faculty of Economics and Commerce estimates inflation in the Australian economy. The higher inflation, the stronger the effect it will have on a probability of a rate hike by the RBA. Generally speaking, a high reading should be taken as positive, or bullish, for the AUD, while a low reading is seen as negative or bearish.

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CN Non-manufacturing PMI

Location: China

Date: 04/08/2013

Time: 2:00 - 3:00

Strength: 2/3

Previous: 53.9

Notes: The official non-manufacturing PMI, released by China Federation of Logistics and Purchasing (CFLP), is based on a survey of about 1,200 companies covering 27 industries including construction, transport and telecommunications. It's the level of a diffusion index based on surveyed purchasing managers in the services industry and if it's above 50.0 indicates industry expansion, below indicates contraction.

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US Average Hourly Earnings (YoY)

Location: United States

Date: 02/08/2013

Time: 13:30 - 14:30

Strength: 2/3

Previous: 2.2% / Consensus: 2.2%

Notes: The Average Hourly Earning released by the US Department of Labor is a significant indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to when setting interest rates. A high reading is also positive for the USD, while a low reading is negative.

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US Unemployment Rate

Location: United States

Date: 02/08/2013

Time: 13:30 - 14:30

Strength: 3/3

Previous: 7.6% / Consensus: 7.5%

Notes: The Unemployment Rate released by the US Department of Labor is the number of unemployed workers divided by the total civilian labor force. If the rate is up, it indicates a lack of expansion within the US economy. Therefore, a decrease of the figure is seen as positive (or bullish) for the USD, while an increase is seen as negative (or bearish).

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US Nonfarm Payrolls

Location: United States

Date: 02/08/2013

Time: 13:30 - 14:30

Strength: 3/3

Previous: 195K / Consensus: 184K

Notes: The nonfarm payrolls released by the US Department of Labor presents the number of people on the payrolls of all non-agricultural businesses. The monthly changes in payrolls can be excessively volatile. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

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US Personal Income (MoM)

Location: United States

Date: 02/08/2013

Time: 13:30 - 14:30

Strength: 2/3

Previous: 0.5% / Consensus: 0.5%

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.

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US Personal Spending

Location: United States

Date: 02/08/2013

Time: 13:30 - 14:30

Strength: 2/3

Previous: 0.3% / Consensus: 0.5%

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.

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