Monday, September 09, 2013

JP BoJ Monetary Policy Meeting Minutes

Location: Japan

Date: 09/09/2013

Time: 0:50 - 1:50


Strength: 3/3

Previous:

Notes: The Bank of Japan publishes a study of economic movements in Japan after the actual meeting. These meetings are held to review 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. Generally speaking, if the BoJ minutes show a hawkish outlook, that is seen as positive (or bullish) for the JPY, while a dovish outlook is seen as negative (or bearish).

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US Consumer Credit Change

Location: United States

Date: 09/09/2013

Time: 20:00 - 21:00


Strength: 2/3

Previous: $13.8B

Notes: The Consumer Credit released by the Board of Governors of the Federal Reserve is an amount of money that individuals borrowed. It shows if consumers can afford large expenses, which can fuel economic growth. However, a high figure may also indicate that the economy is overheating, as consumers borrow in order to live beyond their means. A high reading is seen as positive (or Bullish) for the USD, whereas a low reading is seen as negative.

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CA Building Permits (MoM)

Location: Canada

Date: 09/09/2013

Time: 13:30 - 14:30


Strength: 2/3

Previous: -10.3%

Notes: The Building Permits released by the Statistics Canada shows the number of permits for new construction projects. It implies the movement of corporate investments (the Canadian economic development). It tend to cause some volatility to the CAD. The more g

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EMU Sentix Investor Confidence

Location: European Monetary Union

Date: 09/09/2013

Time: 9:30 - 10:30


Strength: 2/3

Previous: -4.9

Notes: With among 1600 financial analysts and institutional investors, the Sentix Investor Confidence is a monthly survey which shows the market opinion about the current economic situation and the expectations for the next semester. The index, released by the Sentix GmbH, is composed by 36 different indicators. Usually a higher reading is seen as positive for the Euro zone, that means positive, or bullish, for the Euro, While a lower number is seen negative or bearish for the unique currency.Review Alex Nekritin's Article - Trading Euro with ESI

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JP Eco Watchers Survey: Outlook

Location: Japan

Date: 09/09/2013

Time: 6:00 - 7:00


Strength: 2/3

Previous: 53.6

Notes: The Eco Watchers Survey released by the Cabinet Office closely watches region-by-region economic trends. The survey is considered as basic material for assessing short-term economic trends in Japan. A high reading is seen as positive (or bullish) for the JPY, whereas a low reading is seen as negative (or negative).

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JP Eco Watchers Survey: Current

Location: Japan

Date: 09/09/2013

Time: 6:00 - 7:00


Strength: 2/3

Previous: 52.3

Notes: The Eco Watchers Survey released by the Cabinet Office closely watches region-by-region economic trends. The survey is considered as basic material for assessing short-term economic trends in Japan. A high reading is seen as positive (or bullish) for the JPY, whereas a low reading is seen as negative (or negative).

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JP Consumer Confidence Index

Location: Japan

Date: 09/09/2013

Time: 6:00 - 7:00


Strength: 2/3

Previous: 43.6

Notes: The Consumer Confidence released by the Cabinet Office captures the level of sentiment that individuals have in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Normally, a result above 50 is positive (or bullish) for the JPY, whereas a result below 50 is seen as bearish.

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CN Urban investment (YTD) (YoY)

Location: China

Date: 09/09/2013

Time: 6:30 - 7:30


Strength: 2/3

Previous: 20.1%

Notes: The Urban investment released by the National Bureau of Statistics of China refers to the total amount money of the activities in construction and purchase of fixed assets, it is a comprehensive index which reflect the scale, pace, proportional relations and use orientation of the fixed assets investment. A large urban investment is an indicative of China's overall economic growth and strong domestic demand. As the Chinese economy has influence on the global economy, this economic indicator would have an impact on the Forex market. In general, a high reading is seen as positive (or bullish) CNY, while a low reading is seen as negative (or bearish) for the CNY.

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CN Retail Sales (YoY)

Location: China

Date: 09/09/2013

Time: 6:30 - 7:30


Strength: 2/3

Previous: 13.2%

Notes: The Retail Sales report released by the National Bureau of Statistics of China measures the total receipts of the retailed consumer goods. It reflects the total consumer goods that the various industries supply to the households and social groups through various channels. It is an important indicator to study the changes in the Chinese retail market and reflecting the degree of economic prosperity. In general, A high reading is seen as positive (or bullish) CNY, while a low reading is seen as negative (or bearish) for the CNY.

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JP Machinery Orders (YoY)

Location: Japan

Date: 09/09/2013

Time: 0:50 - 1:50


Strength: 2/3

Previous: 4.9%

Notes: New orders, released by the Cabinet Office, are the total value of machinery orders placed at major manufacturers in Japan. They are legally binding contracts between consumers and producers for delivering goods and services. The report is considered the best leading indicator of business capital spending, and increases are indicative of stronger business confidence and therefore, as larger the number is, the positive it tends to be for the currency, while a negative reading is understood as a drop down in growth.

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JP Bank lending (YoY)

Location: Japan

Date: 09/09/2013

Time: 0:50 - 1:50


Strength: 2/3

Previous: 2%

Notes: Bank lending, released by Bank of Japan, is the value of all outstanding loans with Japanese banks. It is important because lending increases with increased business confidence and investment. It is particularly insightful for the Japanese economy because of the weakness that has plagued the Japanese banking sector. The headline number is for total loans and discounts and is a percentage change from the previous year.

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UK RICS Housing Price Balance

Location: United Kingdom

Date: 09/09/2013

Time: 0:01 - 1:01


Strength: 2/3

Previous: 36%

Notes: The RICS Housing Price Balance survey released by the Royal Institution of Chartered Surveyors presents housing costs in the UK. It shows the strength of the UK housing market, which can be considered as the economy as a whole, as the housing market is sensitive to the business cycle. 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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CN Industrial Production (YoY)

Location: China

Date: 09/09/2013

Time: 6:30 - 7:30


Strength: 2/3

Previous: 9.7%

Notes: Industrial Production is released by the National Bureau of Statistics of China. It shows the volume of production of Chinese Industries such as factories and manufacturing facilities. A surge in output is regarded as inflationary which would prompt the Peoples Bank of China would tighten monetary policy and fiscal policy risk. Generally speaking, if high industrial production growth comes out, this may generate a positive sentiment (or bullish) for the CNY, whereas a low reading is seen as negative (or Bearish) for the CNY.

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CN Consumer Price Index (MoM)

Location: China

Date: 09/09/2013

Time: 2:30 - 3:30


Strength: 3/3

Previous: 0.1%

Notes: The Consumer Price Index is released by the National Bureau of Statistics of China. It is a measure of retail price variations within a representative basket of goods and services. The result is a comprehensive summary of the results extracted from the urban consumer price index and rural consumer price index. The purchase power of the CNY is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. A substantial consumer price index increase would indicate that inflation has become a destabilizing factor in the economy, potentially prompting The Peoples Bank of China to tighten monetary policy and fiscal policy risk. Generally speaking, 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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CN Producer Price Index (YoY)

Location: China

Date: 09/09/2013

Time: 2:30 - 3:30


Strength: 2/3

Previous: -2.3%

Notes: The Producer Price Index released by the National Bureau of Statistics of China is a measurement of the rate of inflation experienced by producers. It captures the average changes in prices received by Chinese domestic producers of commodities in all stages of processing (crude materials, intermediate materials, and finished goods). Changes in the PPI are widely considered as an indicator of commodity inflation. If the Producer Price Index increase is excesive, it would indicate that inflation has become a destabilizing factor in the economy, The Peoples Bank of China would tighten monetary policy and fiscal policy risk. Generally speaking, a high reading is seen as positive (or bullish) for the CNY, whereas a low reading is seen as negative (or bearish) for the CNY.

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