Thursday, August 22, 2013

US Existing Home Sales Change (MoM)

Location: United States

Date: 22/08/2013

Time: 15:00 - 16:00


Strength: 2/3

Previous: -1.2% / Consensus: 1.5%

Notes: The Existing Home Sales, released by the National Association of Realtors provide an estimated value of housing market conditions. As the housing market is considered as a sensitive factor to the US economy, it generates some volatility for the USD. Generally speaking, a high reading is positive for the Dollar, while a low reading is negative..

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CN HSBC Manufacturing PMI

Location: China

Date: 22/08/2013

Time: 2:45 - 3:45


Strength: 2/3

Previous: 47.7 / Consensus: 48.3

Notes: The HSBC Manufacturing Purchasing Managers Index (PMI) released by the Markit Economics is an early indicator of economic health in the Chinese manufacturing sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction. As the Chinese economy has influence on the global economy, this economic indicator would have an impact on the Forex market.

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US Jackson Hole Symposium

Location: United States

Date: 22/08/2013

Time: 1:00 - 2:00


Strength: 3/3

Previous:

Notes: The Jackson Hole Economic Policy Symposium is an annual symposium sponsored by the Federal Reserve Bank of Kansas City since 1978, and held in Jackson Hole, Wyoming, since 1981. It is a forum for central bankers, policy experts and academics to come together to focus on a topic.

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Wednesday, August 21, 2013

US FOMC Minutes

Location: United States

Date: 21/08/2013

Time: 19:00 - 20:00


Strength: 3/3

Previous:

Notes: FOMC stands for The Federal Open Market Committee that organizes 8 meetings in a year and 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. FOMC Minutes are released by the Board of Governors of the Federal Reserve and are a clear guide to the future US interest rate policy.Review Alex Nekritin's Article - Trading the US Dollar with the FOMC Minutes

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UK CBI Industrial Trends Survey - Orders (MoM)

Location: United Kingdom

Date: 21/08/2013

Time: 11:00 - 12:00


Strength: 2/3

Previous: -12 / Consensus: -8

Notes: The CBI Industrial Trends Survey is released by the Confederation of British Industry and gives expert qualitative opinion from senior manufacturing executives, on past and expected trends in output, exports, prices, costs, investment intentions, business confidence and capacity utilization. Isually, if those opinions show a hawkish outlook in the manufacturing sector, that is seen as positive, or bullish, for the GBP.

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AU Westpac Leading Index (MoM)

Location: Australia

Date: 21/08/2013

Time: 1:30 - 2:30


Strength: 2/3

Previous: 0.2%

Notes: The Westpac Leading Index released by the Melbourne Institute tracks nine gauges of economic activity, including share prices and telephone installations, to provide an indication of how the economy will perform. It tends to have an impact on the AUD volatility. Generally speaking, the more positive the reading, the better for the currency, while a low reading is seen as negative (or bearish)

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Tuesday, August 20, 2013

US Chicago Fed National Activity Index

Location: United States

Date: 20/08/2013

Time: 13:30 - 14:30


Strength: 2/3

Previous: -0.13

Notes: The Chicago Fed National Activity Index (CFNAI), released by Federal Reserve Bank of Chicago, is a monthly index designed to gauge overall economic activity and related inflationary pressure.

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JP All Industry Activity Index (MoM)

Location: Japan

Date: 20/08/2013

Time: 5:30 - 6:30


Strength: 2/3

Previous: 1.1% / Consensus: -0.5%

Notes: The All Industry Activity Index released by the Ministry of Economy, Trade and Industry captures the monthly change in overall production by all industries of the Japanese economy. The index indicates the Japanese GDP and the overall growth figures, providing insight into current levels of Japanese economic expansion. 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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NZ RBNZ Inflation Expectations (YoY)

Location: New Zealand

Date: 20/08/2013

Time: 4:00 - 5:00


Strength: 2/3

Previous: 2.1%

Notes: The Inflation Expectations released by the Reserve Bank of New Zealand measures business managers� expectations of annual CPI 2 years from now. An increase in expectations is regarded as inflationary which may anticipate a rise in interest rates. A high reading is positive (or bullish) for the NZD, while a low reading is seen as negative (or bearish).

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AU RBA Meeting's Minutes

Location: Australia

Date: 20/08/2013

Time: 2:30 - 3:30


Strength: 3/3

Previous:

Notes: The minutes of the Reserve Bank of Australia 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. If the RBA 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 AUD.

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Monday, August 19, 2013

JP Merchandise Trade Balance Total

Location: Japan

Date: 19/08/2013

Time: 0:50 - 1:50


Strength: 2/3

Previous: -�180.8B / Consensus: -�785.6B

Notes: The Merchandise Trade Balance Total released by the Ministry of Finance is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Japan is so much dependant on exports that the Japanese economy heavily relies on a trade surplus. Therefore, any variation in the figures influences the domestic economy. If a steady demand in exchange for Japanese exports is seen, that would turn into a positive.Review Alex Nekritin's Article - Trading the Yen with Japan Trade Balance

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UK Rightmove House Price Index (YoY)

Location: United Kingdom

Date: 19/08/2013

Time: 0:01 - 1:01


Strength: 2/3

Previous: 4.8%

Notes: The Rightmove House Price Index provides a sample of residential property prices in the UK. It shows the strength of the UK housing market, which can be considered as the economy as a whole due to property prices' sensitivity to changes in the business cycle. Generally speaking, a high reading is seen as positive, or bullish for the GBP, while a low reading is seen as negative, or bearish.

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Sunday, August 18, 2013

CN FDI - Foreign Direct Investment (YTD)(YoY)

Location: China

Date: 18/08/2013

Time: 3:00 - 4:00


Strength: 2/3

Previous: 4.9%

Notes: The FDI (Foreign Direct Investment) is released by the Ministry of Commerce of the Peoples Republic of China presents the total investment capital made by foreign enterprises, economic organizations and individuals (including overseas Chinese, Hong Kong and Macao compatriots, and Chinese enterprises registered abroad) in accordance with Chinese relevant policies, laws and regulations, with cash, goods, technology start-up wholly foreign-owned enterprises in China, and Chinese domestic companies or economic entities, foreign joint ventures, cooperative enterprises or joint development of resources for investment (including reinvestment of foreign investment income), and projects approved by the relevant governmental departments. A large foreign direct investment is indicative of overall growth and demand in the China economy. A high reading is seen as positive (or bullish) for the CNY, while a low reading is seen as negative (or Bearish) for the CNY.

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Friday, August 16, 2013

US Housing Starts (MoM)

Location: United States

Date: 16/08/2013

Time: 13:30 - 14:30


Strength: 2/3

Previous: 0.836M / Consensus: 0.900M

Notes: The Housing Starts released by the US Census Bureau, at the Department of Commerce is an indicator that tracks how many new single-family homes or buildings were constructed. For the survey each house and each single apartment are counted as one housing start. The figures include all private and publicly owned units. It indicates movements of the US housing market. Generally, a high reading anticipates positive (or bullish) for the USD, whereas a low reading is seen as negative (or bearish).

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US Building Permits (MoM)

Location: United States

Date: 16/08/2013

Time: 13:30 - 14:30


Strength: 2/3

Previous: 0.911M / Consensus: 0.945M

Notes: The Building Permits released by the US Census Bureau, the Department of Commerce shows the number of permits for new construction projects. It implies the movement of corporate investments (US economic development). It tends to cause some volatility to the USD. Normally, the more growing number of permits, the more positive (or bullish) for the USD.

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