US Treasury Sec Lew Speech

Location: United States

Date: 31/10/2013

Time: 13:00

Strength: 2/3

Previous:

Notes: Jacob Lew is the US Secretary of the Treasury, and among other matters, his faculties include communicating the US President's economic policies. Therefore, his words may affect the forex market, as investors attempt to gauge the Presidential stance on key economic issues. His speech impact is proportionally related to the subject under discussion, and only those particularly relevant for the FX markets are being shown in this calendar.

#END

US Initial Jobless Claims

Location: United States

Date: 31/10/2013

Time: 12:30

Strength: 2/3

Previous:

Notes: The Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy. Generally speaking, a decreasing number should be taken as positive or bullish for the USD.

#END

EMU Unemployment Rate

Location: European Monetary Union

Date: 31/10/2013

Time: 10:00

Strength: 2/3

Previous:

Notes: The Unemployment Rate released by the Eurostat is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the European Economy. If the rate is up, it indicates a lack of expansion within the European lobar market. As a result, a rise leads to weaken the European economy. Generally speaking, a decrease of the figure is seen as positive (or bullish) for the EUR, while an increase is seen as negative (or bearish).

#END

EMU Consumer Price Index (YoY)

Location: European Monetary Union

Date: 31/10/2013

Time: 10:00

Strength: 3/3

Previous:

Notes: The Euro Zone CPI released by the Eurostat captures the changes in the price of goods and services. The CPI is a significant way to measure changes in purchasing trends and inflation in the Euro Zone. Generally, a high reading anticipates a hawkish attitude which will be positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

#END

EMU Consumer Price Index - Core (YoY)

Location: European Monetary Union

Date: 31/10/2013

Time: 10:00

Strength: 3/3

Previous:

Notes: The core Consumer Price Index released by Eurostat is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services excluding the volatile components like food, energy, alcohol and tobacco. The core CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is seen as positive or bullish for the EUR, while a low reading is seen as negative.

#END

IT Unemployment

Location: Italy

Date: 31/10/2013

Time: 09:00

Strength: 2/3

Previous: 12.2%

Notes: The Unemployment Rate released by the National Institute of Statistics is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Italian economy. If the rate is up, it indicates a lack of expansion within the Italian labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Euro, while an increase is seen as negative (or bearish).

#END

DE Retail Sales (YoY)

Location: Germany

Date: 31/10/2013

Time: 07:00

Strength: 2/3

Previous: 0.3% / Consensus: 0.5%

Notes: The Retail Sales released by the Statistisches Bundesamt Deutschland is a measure of changes in sales of the German 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. The positive economic growth anticipates "Bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR.

#END

DE Gfk Consumer Confidence Survey

Location: Germany

Date: 31/10/2013

Time: 07:00

Strength: 2/3

Previous: 7.1 / Consensus: 7.2

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).

#END

UK Nationwide Housing Prices n.s.a (YoY)

Location: United Kingdom

Date: 31/10/2013

Time: 07:00

Strength: 2/3

Previous: 5%

Notes: The Nationwide Housing Prices shows the value of the houses prices in UK and indicate current movements in the housing market that is considered as a sensitive factor to the UK's economy. A high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish).

#END

JP Annualized Housing Starts

Location: Japan

Date: 31/10/2013

Time: 05:00

Strength: 2/3

Previous: 0.96M

Notes: The Annualized Housing Starts released by the Ministry of Land, Infrastructure and Transport captures how many new single-family homes or buildings were constructed. It shows the strength of the Japanese housing market, which can be considered as the economy as a whole due to Housing Starts' sensitivity to changes in the business cycle. A high reading is seen as positive, or bullish for the JPY, while a low reading is seen as negative, or bearish.

#END

JP Housing Starts (YoY)

Location: Japan

Date: 31/10/2013

Time: 05:00

Strength: 2/3

Previous: 8.8% / Consensus: 12.7%

Notes: The Housing Starts released by the Ministry of Land, Infrastructure and Transport captures how many new single-family homes or buildings were constructed. It shows the strength of the Japanese housing market, which can be considered as the economy as a whole due to Housing Starts' sensitivity to changes in the business cycle. generally speaking, a high reading is seen as positive, or bullish for the JPY, while a low reading is seen as negative, or bearish.

#END

JP BoJ Interest Rate Decision

Location: Japan

Date: 31/10/2013

Time: 03:00

Strength: 3/3

Previous:

Notes: BoJ Interest Rate Decision is announced by the Bank of Japan. Generally, if the BoJ is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the JPY. Likewise, if the BoJ has a dovish view on the Japanese economy and keeps the ongoing interest rate, or cuts the interest rate it is negative, or bearish.

#END

AU Building Permits (YoY)

Location: Australia

Date: 30/10/2013

Time: 00:30

Strength: 2/3

Previous: 7.7%

Notes: The Building Permits released by the Australian Bureau of Statistics shows the number of permits for new construction projects. It implies the movement of corporate investments (the Australian economic development). It tends to cause some

#END

UK Gfk Consumer Confidence

Location: United Kingdom

Date: 30/10/2013

Time: 00:05

Strength: 2/3

Previous: -10

Notes: The GfK Group 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. Normally, a high reading is positive for the GBP, while a low reading is bearish.

#END

NZ ANZ Business Confidence

Location: New Zealand

Date: 30/10/2013

Time: 00:00

Strength: 2/3

Previous: 54.1%

Notes: The Business Confidence released by the ANZ shows the business outlook in New Zealand. The Business Confidence allows analysis of economic situation in the short term. Increasing numbers indicates increases in business investment that lead to higher levels of output. Thus, a high reading is seen as positive (or bullish) for the NZD, while a low reading is seen as negative (or bearish).

#END