Wednesday, December 04, 2013

CA BOC Rate Statement

Location: Canada

Date: 04/12/2013

Time: 15:00


Strength: 3/3

Previous:

Notes: This statement is the primary medium used by the Bank of Canada (BoC) to communicate with investors about monetary policy decisions, specifically those regarding interest rates.

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CA New Housing Price Index (YoY)

Location: Canada

Date: 04/12/2013

Time: 13:30


Strength: 2/3

Previous:

Notes: The New Housing Price Index (NHPI) released by the Statistics Canada is a monthly series that measures changes over time in the contractors' selling prices of new residential houses, where detailed specifications pertaining to each house remain the same between two consecutive periods. The growth rate of the housing market affects the CAD

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CA BoC Interest Rate Decision

Location: Canada

Date: 04/12/2013

Time: 13:00


Strength: 3/3

Previous:

Notes: BoC Interest Rate Decision is announced by the Bank of Canada. If the BoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CAD. Likewise, if the BoC has a dovish view on the Canadian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

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UK Markit Services PMI

Location: United Kingdom

Date: 04/12/2013

Time: 09:28


Strength: 2/3

Previous: 62.5

Notes: The PMI service released by both the Chartered Institute of Purchasing & Supply and the Markit Economics is an indicator of the economic situation in the UK services sector. It captures an overview of the condition of sales and employment. It is worth noting that the UK service sector does not influence, either positively or negatively, the GDP as much as the Manufacturing PMI does. Traders want the highest possible reading as that will be taken as positive for the GBP. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

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EMU Retail Sales (YoY)

Location: European Monetary Union

Date: 04/12/2013

Time: 10:00


Strength: 2/3

Previous:

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

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EMU Gross Domestic Product s.a. (YoY)

Location: European Monetary Union

Date: 04/12/2013

Time: 10:00


Strength: 3/3

Previous: -0.5%

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 Markit PMI Composite

Location: European Monetary Union

Date: 04/12/2013

Time: 08:58


Strength: 2/3

Previous:

Notes: The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on surveys of over 300 business executives in private sector manufacturing companies and also 300 private sector services companies. Data is usually released on the third working day of each month. Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month. From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).

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DE Markit Services PMI

Location: Germany

Date: 04/12/2013

Time: 08:53


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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EMU Markit Services PMI

Location: European Monetary Union

Date: 04/12/2013

Time: 07:58


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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Tuesday, December 03, 2013

AU Gross Domestic Product (YoY)

Location: Australia

Date: 03/12/2013

Time: 01:30


Strength: 3/3

Previous: 2.6%

Notes: The Gross Domestic Product released by the Australian Bureau of Statistics is a measure of the total value of all goods and services produced by Australia. The GDP is considered as a broad measure of Swiss economic activity and health. A rising trend has a positive effect on the AUD, while a falling trend is seen as negative ( or bearish ) for the AUD.

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AU Gross Domestic Product (QoQ)

Location: Australia

Date: 03/12/2013

Time: 01:30


Strength: 2/3

Previous: 0.6%

Notes: The Gross Domestic Product released by the Australian Bureau of Statistics is a measure of the total value of all goods and services produced by Australia. The GDP is considered as a broad measure of Swiss economic activity and health. A rising trend has a positive effect on the AUD, while a falling trend is seen as negative ( or bearish ) for the AUD.

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AU Trade Balance

Location: Australia

Date: 03/12/2013

Time: 00:30


Strength: 2/3

Previous: -284M

Notes: The trade balance released by the Australian Bureau of Statistics is the difference in the value of its imports and exports of Australian goods. Export data can give an important reflection of Australian growth, while imports provide an indication of domestic demand. Trade Balance gives an early indication of the net export performance. If a steady demand in exchange for Australian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the AUD.Review Alex Nekritin's Article - Trading the Aussie with Australia Trade Balance

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AU Building Permits (YoY)

Location: Australia

Date: 03/12/2013

Time: 00:30


Strength: 2/3

Previous:

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

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AU AiG Performance of Services Index

Location: Australia

Date: 03/12/2013

Time: 22:30


Strength: 2/3

Previous: 47.9

Notes: AiG Performance of Services Index released by the Australian Industry Group presents business conditions in the Australian service sector. The group surveys 200 manufacturers on their assessment of the business situation including employment, production, orders, prices, and inventories, and their short-term planning. A result above 50 is seen as positive (or bullish) for the AUD, whereas a result below 50 is seen as negative (or bearish).

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EMU Producer Price Index (YoY)

Location: European Monetary Union

Date: 03/12/2013

Time: 10:00


Strength: 2/3

Previous: -0.9%

Notes: The Producer Price Index (PPI) released by the Eurostat is an index that measures the change in prices received by domestic producers of commodities in all stages of processing (crude materials, intermediate materials, and finished goods). Generally, a high reading is seen positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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