Wednesday, August 14, 2013

DE 10-y Bond Auction

Location: Germany

Date: 14/08/2013

Time: 10:50 - 11:50


Strength: 2/3

Previous: 1.57%

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.

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EMU Gross Domestic Product s.a. (YoY)

Location: European Monetary Union

Date: 14/08/2013

Time: 10:00 - 11:00


Strength: 3/3

Previous:

Notes: The Gross Domestic Product released by the Eurostat is a measure of the total value of all goods and services produced by the Eurozone. The GDP is considered as a broad measure of the Eurozone economic activity and health. Usually, a rising trend has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

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EMU Gross Domestic Product s.a. (QoQ)

Location: European Monetary Union

Date: 14/08/2013

Time: 10:00 - 11:00


Strength: 2/3

Previous: -0.3% / Consensus: 0.1%

Notes: The Gross Domestic Product released by the Eurostat is a measure of the total value of all goods and services produced by the Eurozone. The GDP is considered as a broad measure of the Eurozone economic activity and health. Usually, a rising trend has a positive effect on the EUR, while a falling trend is seen as negative (or bearish ).

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UK ILO Unemployment Rate (3M)

Location: United Kingdom

Date: 14/08/2013

Time: 9:30 - 10:30


Strength: 2/3

Previous: 7.8% / Consensus: 7.8%

Notes: The ILO Unemployment Rate released by the National Statistics is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the UK Economy. If the rate is up, it indicates a lack of expansion within the U.K. labor market. As a result, a rise leads to weaken the U.K. economy. Generally, a decrease of the figure is positive (or bullish) for the GBP, while an increase is negative.

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UK Claimant Count Change

Location: United Kingdom

Date: 14/08/2013

Time: 9:30 - 10:30


Strength: 3/3

Previous: -21.2K / Consensus: -15.0K

Notes: The Claimant Count Change released by the National Statistics presents the number of unemployment people in the UK. There is a tendency to influence the GBP volatility. Generally speaking, a rise in this indicator has negative implications for consumer spending which discourage economic growth. Generally, a high reading is seen as negative (or bearish) for the GBP, while a low reading is seen as positive (or bullish).

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UK BOE MPC Vote Unchanged

Location: United Kingdom

Date: 14/08/2013

Time: 9:30 - 10:30


Strength: 3/3

Previous: 9 / Consensus: 9

Notes: Interest rates are set by the Banks 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.

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UK Average Earnings including Bonus (3Mo/Yr)

Location: United Kingdom

Date: 14/08/2013

Time: 9:30 - 10:30


Strength: 2/3

Previous: 1.7% / Consensus: 2.1%

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

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UK BOE MPC Vote Cut

Location: United Kingdom

Date: 14/08/2013

Time: 9:30 - 10:30


Strength: 3/3

Previous: 0 / Consensus: 0

Notes: Interest rates are set by the Banks 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.

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UK Claimant Count Rate

Location: United Kingdom

Date: 14/08/2013

Time: 9:30 - 10:30


Strength: 2/3

Previous: 4.4%

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.

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UK BOE MPC Vote Hike

Location: United Kingdom

Date: 14/08/2013

Time: 9:30 - 10:30


Strength: 3/3

Previous: 0 / Consensus: 0

Notes: Interest rates are set by the Banks 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.

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UK Bank of England Minutes

Location: United Kingdom

Date: 14/08/2013

Time: 9:30 - 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.

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DE Gross Domestic Product n.s.a (YoY)

Location: Germany

Date: 14/08/2013

Time: 7:00 - 8:00


Strength: 3/3

Previous: -1.4% / Consensus: 0.2%

Notes: The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. A high reading or a better than expected number has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

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DE Gross Domestic Product w.d.a (YoY)

Location: Germany

Date: 14/08/2013

Time: 7:00 - 8:00


Strength: 3/3

Previous: -0.2%

Notes: The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. A high reading or a better than expected number has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

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DE Gross Domestic Product s.a (QoQ)

Location: Germany

Date: 14/08/2013

Time: 7:00 - 8:00


Strength: 2/3

Previous: 0.1% / Consensus: 0.6%

Notes: The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. A high reading or a better than expected number has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

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FR Gross Domestic Product (YoY)

Location: France

Date: 14/08/2013

Time: 6:30 - 7:30


Strength: 2/3

Previous: -0.4% / Consensus: -0.1%

Notes: Gross Domestic Product shows the monetary value of all the goods, services and structures produced within a country in a given period of time. GDP includes consumption, government purchases, investments, and the trade balance (exports minus imports). It is a gross measure of market activity, because it indicates the pace at which a country's economy is growing or decreasing.

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