NZ RBNZ Interest Rate Decision

Location: New Zealand

Date: 29/01/2014

Time: 20:00

Strength: 3/3

Previous:

Notes: RBNZ Interest Rate Decision is announced by the Reserve Bank of New Zealand. If the RBNZ is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the NZD.Review Alex Nekritin's Article - Trading New Zealand Dollar with RBNZ Rate Decision

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US Fed Pace of Treasury Purchase Program

Location: United States

Date: 29/01/2014

Time: 19:00

Strength: 3/3

Previous: $40B

Notes: Quantitative easing is an unconventional monetary policy set by a Central Bank, to stimulate the local economy. Since the recession started back in 2007/8, the FED has announced three different programs, being currently active the last two: a $40 billion purchase a month in mortgage-backed securities indefinitely (MBS) from financial institutions, and a $600 billion program in long-term Treasuries. The Central Bank is expected to start reducing the pace of purchases, as a result of economic improvement. Therefore, these announcements can affect big the forex market by signaling the end of the recession in the US.

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US Fed Interest Rate Decision

Location: United States

Date: 29/01/2014

Time: 19:00

Strength: 3/3

Previous:

Notes: The Board of Governors of the Federal Reserve announces an interest rate. This interest rate affects the whole range of interest rates set by commercial banks, building societies and other institutions for their own savers and borrowers. It also tends to affect the exchange rate. Generally speaking, if the Fed is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the USD.

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US Fed Pace of MBS Purchase Program

Location: United States

Date: 29/01/2014

Time: 19:00

Strength: 3/3

Previous: $35B

Notes: Quantitative easing is an unconventional monetary policy set by a Central Bank, to stimulate the local economy. Since the recession started back in 2007/8, the FED has announced three different programs, being currently active the last two: a $40 billion purchase a month in mortgage-backed securities indefinitely (MBS) from financial institutions, and a $600 billion program in long-term Treasuries. The Central Bank is expected to start reducing the pace of purchases, as a result of economic improvement. Therefore, these announcements can affect big the forex market by signaling the end of the recession in the US.

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US MBA Mortgage Applications

Location: United States

Date: 29/01/2014

Time: 12:00

Strength: 2/3

Previous: 4.7%

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 Gfk Consumer Confidence Survey

Location: Germany

Date: 29/01/2014

Time: 07:00

Strength: 2/3

Previous: 7.6

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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AU Westpac Leading Index (MoM)

Location: Australia

Date: 28/01/2014

Time: 0 - W

Strength: 2/3

Previous: -0.1%

Notes: The Westpac Leading Index released by the Melbourne Institute tracks nine gauges of economic activity, including share prices and telephone installations, to provide an indication of how the economy will perform. It tends to have an impact on the AUD

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US Consumer Confidence

Location: United States

Date: 28/01/2014

Time: 15:00

Strength: 2/3

Previous: 78.1 / Consensus: 78.9

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 Durable Goods Orders

Location: United States

Date: 28/01/2014

Time: 13:30

Strength: 2/3

Previous: 3.5%

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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US Durable Goods Orders ex Transportation

Location: United States

Date: 28/01/2014

Time: 13:30

Strength: 2/3

Previous: 1.2%

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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UK Gross Domestic Product (YoY)

Location: United Kingdom

Date: 28/01/2014

Time: 09:30

Strength: 3/3

Previous: 1.5%

Notes: The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).

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UK Gross Domestic Product (QoQ)

Location: United Kingdom

Date: 28/01/2014

Time: 09:30

Strength: 3/3

Previous: 0.8%

Notes: The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).

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AU National Australia Bank's Business Confidence

Location: Australia

Date: 27/01/2014

Time: 00:30

Strength: 2/3

Previous: 5

Notes: The National Australia Bank Business Confidence is a survey of the current business condition in Australia. It indicates the performance of the overall Australian economy in a short-term view. A positive economic growth anticipates bullish movements for the AUD, whereas a negative growth is seen as bearish.

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AU CB Leading Indicator

Location: Australia

Date: 27/01/2014

Time: 0 - T

Strength: 2/3

Previous: 0.5%

Notes: The Conference Board Australia leading Index released by the Conference Board measures future trends of the overall economic activity including employment, average manufacturing workweek, initial claims, permits for new housing construction, stock prices and yield curve. It forecasts short to mid-term growth in the Australian economy. Generally, 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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US Dallas Fed Manufacturing Business Index

Location: United States

Date: 27/01/2014

Time: 15:30

Strength: 2/3

Previous: 3.1

Notes: The Dallas Fed conducts the Texas Manufacturing Outlook Survey monthly to obtain a timely assessment of the state's factory activity. Firms are asked by Federal Reserve Bank of Dallas whether output, employment, orders, prices and other indicators increased, decreased or remained unchanged over the previous month. Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase.

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