Tuesday, August 06, 2013

NZ Unemployment Rate

Location: New Zealand

Date: 06/08/2013

Time: 23:45 - 0:45


Strength: 2/3

Previous: 6.2% / Consensus: 6.3%

Notes: The Unemployment Rate released by the Statistics New Zealand 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 New Zealand lobar market. As a result, a rise leads to weaken the Australian economy. A decrease of the figure is seen as positive (or bullish) for the NZD, while an increase is seen as negative (or bearish).

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NZ Employment Change

Location: New Zealand

Date: 06/08/2013

Time: 23:45 - 0:45


Strength: 2/3

Previous: 1.7% / Consensus: 0.4%

Notes: The Employment Change released by the Statistics New Zealand is a measure of the change in the number of employed people in New Zealand. Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth. A high reading is seen as positive (or bullish) for the NZ dollar, while a low reading is seen as negative (or bearish).

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US Trade Balance

Location: United States

Date: 06/08/2013

Time: 13:30 - 14:30


Strength: 2/3

Previous: -$45.03B / Consensus: -$43.10B

Notes: The Trade Balance released by the Bureau of Economic Analysis and the U.S. Census Bureau is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the USD. If a steady demand in exchange for US exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the USD.Review Alex Nekritin's Article - Trading US Dollar with US Trade Balance

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DE Factory Orders n.s.a. (YoY)

Location: Germany

Date: 06/08/2013

Time: 11:00 - 12:00


Strength: 2/3

Previous: -2.0% / Consensus: -0.2%

Notes: The Factory orders released by the Deutsche Bundesbank is an indicator that includes shipments, inventories, and new and unfilled orders. An increase in the factory order total may indicate an expansion in the German economy and could be an inflationary factor. It is worth noting that the German Factory barely influences, either positively or negatively, the total Eurozone GDP. A high reading is positive (or bullish) for the EUR, while a low reading is negative.

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JP Leading Economic Index

Location: Japan

Date: 06/08/2013

Time: 6:00 - 7:00


Strength: 2/3

Previous: 110.7 / Consensus: 108.0

Notes: The Leading Economic Index released by the Cabinet Office is an economic indicator that consists of 12 indexes such as account inventory ratios, machinery orders, stock prices and other leading economic indicators. It shows the performance of the Japanese Economy over the short and mid-term. Generally speaking, a result above 50 is positive (or bullish) for the JPY, whereas a result below 50 is seen as bearish.

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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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