Tuesday, August 06, 2013

AU RBA Monetary Policy Statement

Location: Australia

Date: 06/08/2013

Time: 5:30 - 6:30


Strength: 3/3

Previous:

Notes: The RBA Monetary Policy Statement released by the Reserve bank of Australia reviews economic and financial conditions, determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. It is considered as a clear guide to the future RBA interest rate policy. Any changes in this report affect the AUD volatility. If the RBA statement shows a hawkish outlook, that is seen as positive (or bullish) for the AUD, while a dovish outlook is seen as negatvie (or bearish).

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AU RBA Interest Rate Decision

Location: Australia

Date: 06/08/2013

Time: 5:30 - 6:30


Strength: 3/3

Previous: 2.75% / Consensus: 2.75%

Notes: RBA Interest Rate Decision is announced by the Reserve Bank of Australia. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.Review Alex Nekritin's Article -Trading Australian Dollar with RBA Rate Decision

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AU Trade Balance

Location: Australia

Date: 06/08/2013

Time: 2:30 - 3:30


Strength: 2/3

Previous: 670M / Consensus: 810M

Notes: The trade balance released by the Australian Bureau of Statistics is the difference in the value of its imports and exports of Australian goods. Export data can give an important reflection of Australian growth, while imports provide an indication of domestic demand. Trade Balance gives an early indication of the net export performance. If a steady demand in exchange for Australian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the AUD.Review Alex Nekritin's Article - Trading the Aussie with Australia Trade Balance

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AU House Price Index (YoY)

Location: Australia

Date: 06/08/2013

Time: 2:30 - 3:30


Strength: 2/3

Previous: 2.6% / Consensus: 3.0%

Notes: The House Price Index released by the Australian Bureau of Statistics shows changes in housing prices of major cities in Australia. The housing prices are considered as a key indicator for inflationary pressures. A high reading is seen as positive or ( Bullish ) for the AUD, while a low reading is seen as negative ( or Bearish ).

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AU House Price Index (QoQ)

Location: Australia

Date: 06/08/2013

Time: 2:30 - 3:30


Strength: 2/3

Previous: 0.1% / Consensus: 1.3%

Notes: The House Price Index released by the Australian Bureau of Statistics shows changes in housing prices of major cities in Australia. The housing prices are considered as a key indicator for inflationary pressures. A high reading is seen as positive or ( Bullish ) for the AUD, while a low reading is seen as negative ( or Bearish ).

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Monday, August 05, 2013

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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Sunday, August 04, 2013

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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