Location: Australia
Date: 08/01/2014
Time: 22:30
Strength: 2/3
Previous:
Notes: Based on 120 interviews to companies, the HIA/AiG Performance of Construction Index, released by the Australia Industry Group and the Housing Industry Association, is considered as an indicator that measures the conditions on the short and medium term in the construction market. Companies answer questions related to production, employment, prices supplier deliveries, inventories and new orders. A high reading is seen as positive, or bullish for the AUD, while a low reading is seen as negative, or bearish.
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Wednesday, January 08, 2014
AU AiG Performance of Construction Index
NZ Building Permits s.a. (MoM)
Location: New Zealand
Date: 08/01/2014
Time: 21:45
Strength: 2/3
Previous:
Notes: The Building Permits s.a. released by the Statistics New Zealand show the number of permits for new construction projects. It is considered as a leading indicator for the housing market. The more growing number of permits, the more positive (or bullish) for the NZD, while a low reading is seen as negative, or bearish.
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US Consumer Credit Change
Location: United States
Date: 08/01/2014
Time: 20:00
Strength: 2/3
Previous: $18.19B
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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US FOMC Minutes
Location: United States
Date: 08/01/2014
Time: 19:00
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.
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US ADP Employment Change
Location: United States
Date: 08/01/2014
Time: 13:15
Strength: 2/3
Previous: 215K / Consensus: 200K
Notes: The Employment Change released by the Automatic Data Processing, Inc is a measure of the change in the number of employed people in the US. Generally speaking, a rise in this indicator has positive implications for consumer spending, stimulating economic growth. So a high reading is traditionally seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.
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CN NBS Press Conference
Location: China
Date: 08/01/2014
Time: 12:00
Strength: 2/3
Previous:
Notes: As an agency directly under the State Council, the National Bureau of Statistics is in charge of statistics and economic accounting in China.
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US MBA Mortgage Applications
Location: United States
Date: 08/01/2014
Time: 12:00
Strength: 2/3
Previous: -6.3%
Notes: The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, 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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DE Factory Orders n.s.a. (YoY)
Location: Germany
Date: 08/01/2014
Time: 11:00
Strength: 2/3
Previous: 1.9%
Notes: The Factory orders released by the Deutsche Bundesbank is an indicator that includes shipments, inventories, and new and unfilled orders. An increase in the factory order total may indicate an expansion in the German economy and could be an inflationary factor. It is worth noting that the German Factory barely influences, either positively or negatively, the total Eurozone GDP. A high reading is positive (or bullish) for the EUR, while a low reading is negative.
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EMU Unemployment Rate
Location: European Monetary Union
Date: 08/01/2014
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).
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EMU Retail Sales (YoY)
Location: European Monetary Union
Date: 08/01/2014
Time: 10:00
Strength: 2/3
Previous: -0.1%
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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IT Unemployment
Location: Italy
Date: 08/01/2014
Time: 09:00
Strength: 2/3
Previous: 12.5% / Consensus: 12.5%
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).
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DE Trade Balance s.a.
Location: Germany
Date: 08/01/2014
Time: 07:00
Strength: 2/3
Previous: ���16.8B
Notes: The Trade Balance released by the Statistiches Bundesamt Deutschland is a balance between exports and imports of total goods and services. A positive value shows a trade surplus, while a negative value shows a trade deficit. It is an event that generates some
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CN Retail Sales (YoY)
Location: China
Date: 08/01/2014
Time: 05:30
Strength: 2/3
Previous: 13.7%
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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CN Industrial Production (YoY)
Location: China
Date: 08/01/2014
Time: 05:30
Strength: 2/3
Previous: 10%
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 People���s 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 Urban investment (YTD) (YoY)
Location: China
Date: 08/01/2014
Time: 05:30
Strength: 2/3
Previous: 19.9%
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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