US New Home Sales (MoM)

Location: United States

Date: 25/09/2013

Time: 15:00 - 16:00

Strength: 2/3

Previous:

Notes: The number of New Home Sales released by the US Census Bureau is an important measure of housing market conditions. House buyers spend money on furnishing and financing their homes so as a result the demand for goods, services and the employees is stimulated. Generally, a high reading is seen as bullish for the USD, whereas a low reading is seen as bearish.

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US Durable Goods Orders ex Transportation

Location: United States

Date: 25/09/2013

Time: 13:30 - 14:30

Strength: 2/3

Previous:

Notes: The Durable Goods Orders measures, released by the US Census Bureau, the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, excluding the transport sector. As those durable products often involve large investments they are sensitive to the US economic situation. Generally speaking, a high reading is bullish for the USD, while a low reading is seen as Bearish.

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US Durable Goods Orders

Location: United States

Date: 25/09/2013

Time: 13:30 - 14:30

Strength: 2/3

Previous:

Notes: The Durable Goods Orders, released by the US Census Bureau, measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, such as motor vehicles and appliances. As those durable products often involve large investments they are sensitive to the US economic situation. The final figure shows the state of US production activity. Generally speaking, a high reading is bullish for the USD.

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DE Gfk Consumer Confidence Survey

Location: Germany

Date: 25/09/2013

Time: 7:00 - 8:00

Strength: 2/3

Previous:

Notes: The GfK Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Generally speaking, a high reading is positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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US Markit Manufacturing PMI

Location: United States

Date: 25/09/2013

Time: 13:58 - 14:58

Strength: 2/3

Previous:

Notes: The Manufacturing Purchasing Managers Index (PMI) released by the Markit Economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in the United States. Readings above 50 imply the economy is expanding, making investors understood it as a bullish for the USD, whereas a result below 50 points for an economic contraction, and weighs negatively on the currency.

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US Consumer Confidence

Location: United States

Date: 24/09/2013

Time: 15:00 - 16:00

Strength: 2/3

Previous:

Notes: The Conference Board's Consumer Confidence captures the level of confidence that individuals have in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Generally, a high reading is also positive for the USD, while a low reading is negative.

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US Housing Price Index (MoM)

Location: United States

Date: 24/09/2013

Time: 14:00 - 15:00

Strength: 2/3

Previous:

Notes: The Housing Price Index released by the Office of Federal Reserve Housing Enterprise Oversightprovides an estimated value of housing market conditions. It is an important indicator as the housing market is considered as a sensitive factor to the US economy. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

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CA Retail Sales (MoM)

Location: Canada

Date: 24/09/2013

Time: 13:30 - 14:30

Strength: 2/3

Previous:

Notes: The Retail Sales released by the Statistics Canada is a monthly data that shows all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence. It shows the performance of the retail sector in the short term. Generally speaking, the positive economic growth anticipates bullish movements for the CAD.

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UK BBA Mortgage Approvals

Location: United Kingdom

Date: 24/09/2013

Time: 9:30 - 10:30

Strength: 2/3

Previous:

Notes: The Mortgage Approvals published by the British Bankers' Association (BBA) measure the number of home loans issued by the BBA during the previous quarter. It is considered as a leading indicator of the UK Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall UK economy. Normally, 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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EMU Markit Manufacturing PMI

Location: European Monetary Union

Date: 24/09/2013

Time: 8:58 - 9:58

Strength: 2/3

Previous: 50.3

Notes: The Manufacturing Purchasing Managers Index (PMI) released by the Markit Economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in the Euro Zone. Usually a result above 50 signals is bullish for the EUR, whereas a result below 50 is seen as bearish.

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EMU Markit Services PMI

Location: European Monetary Union

Date: 24/09/2013

Time: 8:58 - 9:58

Strength: 2/3

Previous:

Notes: The PMI service released by the Markit Economics is an indicator of the economic situation in the Euro Zone services sector. It captures an overview of the condition of sales and employment. It is worth noting that the European service sector does not influence, either positively or negatively, the GDP as much as the Services PMI does. Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually a result above 50 is bullish for the EUR, whereas a result below 50 is seen as bearish.

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DE Markit Manufacturing PMI

Location: Germany

Date: 24/09/2013

Time: 8:28 - 9:28

Strength: 2/3

Previous: 50.7

Notes: The Manufacturing Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the Manufacturing PMI is an important indicator of business conditions and the overall economic condition in Germany. Normally, a result above 50 signals is bullish for the EUR, whereas a result below 50 is seen as bearish.

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DE Markit Services PMI

Location: Germany

Date: 24/09/2013

Time: 8:28 - 9:28

Strength: 2/3

Previous:

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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CN HSBC Manufacturing PMI

Location: China

Date: 24/09/2013

Time: 2:45 - 3:45

Strength: 2/3

Previous: 47.7

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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DE Federal election

Location: Germany

Date: 22/09/2013

Time: 1:00 - 2:00

Strength: 3/3

Previous:

Notes: In 2013 German federal election will be held to choose the 598 members of the 18th Bundestag, the main federal legislative house of Germany.

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