UK Markit Services PMI

Location: United Kingdom

Date: 05/03/2014

Time: 09:28

Strength: 2/3

Previous: 58.3

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 Markit PMI Composite

Location: European Monetary Union

Date: 05/03/2014

Time: 08:58

Strength: 2/3

Previous: 52.9 / Consensus: 52.7

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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EMU Markit Services PMI

Location: European Monetary Union

Date: 05/03/2014

Time: 08:58

Strength: 2/3

Previous: 51.6 / Consensus: 51.7

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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DE Markit Services PMI

Location: Germany

Date: 05/03/2014

Time: 08:53

Strength: 2/3

Previous: 53.1 / Consensus: 55.4

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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CN HSBC China Services PMI

Location: China

Date: 04/03/2014

Time: 01:45

Strength: 2/3

Previous: 50.7

Notes: The HSBC China Services PMI��� is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy.

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AU Gross Domestic Product (YoY)

Location: Australia

Date: 04/03/2014

Time: 00:30

Strength: 3/3

Previous: 2.3%

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: 04/03/2014

Time: 00:30

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 AiG Performance of Services Index

Location: Australia

Date: 04/03/2014

Time: 22:30

Strength: 2/3

Previous: 49.3

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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UK PMI Construction

Location: United Kingdom

Date: 04/03/2014

Time: 09:30

Strength: 2/3

Previous: 64.6

Notes: The PMI Construction released by the Chartered Institute of Purchasing & Supply and Markit Economics shows business conditions in the UK construction sector. It is worth noting that the construction sector does not influence, either positively or negatively, the GDP as much as the Manufacturing sector does A result that values above 50 signals appreciates (or is bullish for ) the GBP, whereas a result that values below 50 is seen as negative (or bearish).

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AU RBA Interest Rate Decision

Location: Australia

Date: 04/03/2014

Time: 04:30

Strength: 3/3

Previous:

Notes: RBA Interest Rate Decision is announced by the Reserve Bank of Australia. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian 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 Australian Dollar with RBA Rate Decision

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AU RBA Rate Statement

Location: Australia

Date: 04/03/2014

Time: 03:30

Strength: 2/3

Previous:

Notes: Decisions regarding this interest rate are made by the Reserve Bank Board, and are explained in a media release which announces the decision at 2.30 pm after each Board meeting.

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AU Building Permits (YoY)

Location: Australia

Date: 03/03/2014

Time: 00:30

Strength: 2/3

Previous: 21.8%

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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JP Capital Spending

Location: Japan

Date: 02/03/2014

Time: 00:50

Strength: 2/3

Previous: 1.5%

Notes: Capital Spending released by the Ministry of Finance Japan measures change in the total value of capital expenditures by enterprises. It is considered as an early indicator of economic health in Japan. A high reading is seen as positive or bullish for the JPY, while a low reading is seen as negative or bearish.

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US Gross Domestic Product Annualized

Location: United States

Date: 28/02/2014

Time: 13:30

Strength: 3/3

Previous: 4.1%

Notes: The Gross Domestic Product Annualized released by the US Bureau of Economic Analysis shows the monetary value of all the goods, services and structures produced within a country in a given period of time. GDP Annualized is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Generally speaking, a high reading or a better than expected number is seen as positive for the USD, while a low reading is negative.

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US Gross Domestic Product Price Index

Location: United States

Date: 28/02/2014

Time: 13:30

Strength: 2/3

Previous: 2%

Notes: The GDP Price Index released by the Bureau of Economic Analysis, Department of Commerce gauges the change in the prices of goods and services. Changes in the GDP price index are followed as an indicator of inflationary pressure that may anticipate interest rates to rise. 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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