Thursday, January 09, 2014

CA Housing Starts s.a (YoY)

Location: Canada

Date: 09/01/2014

Time: 13:15


Strength: 2/3

Previous: 192.2K / Consensus: 196.0K

Notes: The Housing Starts released by the Canadian Mortgage and Housing Corporation captures how many new single-family homes or buildings were constructed. It shows the strength of the Canadian 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 CAD, while a low reading is seen as negative (or bearish).

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EMU ECB Interest Rate Decision

Location: European Monetary Union

Date: 09/01/2014

Time: 12:45


Strength: 3/3

Previous:

Notes: ECB Interest Rate Decision is announced by the European central Bank. Usually, if the ECB is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the EUR. Likewise, if the ECB has a dovish view on the European economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.Review Alex Nekritin's Article - Trading the Euro with the ECB Rate Decision

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UK BoE Interest Rate Decision

Location: United Kingdom

Date: 09/01/2014

Time: 12:00


Strength: 3/3

Previous:

Notes: BoE Interest Rate Decision is announced by the Bank of England. If the BoE is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the GBP. Likewise, if the BoE has a dovish view on the U.K. economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.Review Alex Nekritin's Article - Trading British Pound with BoE Rate Decision

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UK BoE Asset Purchase Facility

Location: United Kingdom

Date: 09/01/2014

Time: 12:00


Strength: 3/3

Previous:

Notes: The Asset Purchase Facility is the value of money the BoE plans to create and inject into the economy through open market bond purchases as a way to influence long-term interest rates. This monetary policy tool is also called Quantitative Easing.

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DE Industrial Production n.s.a. w.d.a. (YoY)

Location: Germany

Date: 09/01/2014

Time: 11:00


Strength: 2/3

Previous: 1%

Notes: The Industrial Production released by the Federal Ministry of Economics and Technology, measures outputs of the German factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. A high reading is seen as positive (or bullish) for the EUR, whereas a low reading is seen as negative (or bearish).

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EMU Economic Sentiment Indicator

Location: European Monetary Union

Date: 09/01/2014

Time: 10:00


Strength: 2/3

Previous: 98.5 / Consensus: 99.0

Notes: The Euro Zone Economic Confidence released by the European Commission is a survey of consumers confidence in economic activity. It indicates the trend of the overall Euro Zone economy. An optimistic view of consumers is considered as positive for the EUR, whereas a pessimistic view is considered as negative.

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EMU Industrial Confidence

Location: European Monetary Union

Date: 09/01/2014

Time: 10:00


Strength: 2/3

Previous: -3.9 / Consensus: -3.3

Notes: The Industrial Confidence released by the European Commission is an index that measures the level of industrial executives confidence in economic activity. The survey asks about orders and buildup of inventories. A high level of industrial confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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EMU Consumer Confidence

Location: European Monetary Union

Date: 09/01/2014

Time: 10:00


Strength: 2/3

Previous: -15.4

Notes: The Consumer Confidence released by the European Commission 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. A high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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CN Consumer Price Index (MoM)

Location: China

Date: 09/01/2014

Time: 02:00


Strength: 2/3

Previous: -0.1% / Consensus: 2.8%

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 People���s 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 Consumer Price Index (YoY)

Location: China

Date: 09/01/2014

Time: 02:00


Strength: 3/3

Previous: 3.0% / Consensus: -1.3%

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 People���s 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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Wednesday, January 08, 2014

CN Producer Price Index (YoY)

Location: China

Date: 08/01/2014

Time: 01:30


Strength: 2/3

Previous: -1.4% / Consensus: -1.2%

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 People���s 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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AU Retail Sales s.a. (MoM)

Location: Australia

Date: 08/01/2014

Time: 00:30


Strength: 2/3

Previous: 0.5%

Notes: The Retail Sales released by the Australian Bureau of Statistics is a survey of goods sold by retailers is based on a sampling of retail stores of different types and sizes and it's considered as an indicator of the pace of the Australian economy. It shows the

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AU Building Permits (YoY)

Location: Australia

Date: 08/01/2014

Time: 00:30


Strength: 2/3

Previous: 23.1%

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 Construction Index

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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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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