Thursday, March 06, 2014

UK BoE Interest Rate Decision

Location: United Kingdom

Date: 06/03/2014

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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DE Factory Orders n.s.a. (YoY)

Location: Germany

Date: 06/03/2014

Time: 11:00


Strength: 2/3

Previous: 6%

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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JP Consumer Confidence Index

Location: Japan

Date: 06/03/2014

Time: 05:00


Strength: 2/3

Previous: 40.5

Notes: The Consumer Confidence released by the Cabinet Office captures the level of sentiment that individuals have in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Normally, a result above 50 is positive (or bullish) for the JPY, whereas a result below 50 is seen as bearish.

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Wednesday, March 05, 2014

AU Retail Sales s.a. (MoM)

Location: Australia

Date: 05/03/2014

Time: 00:30


Strength: 2/3

Previous: 0.5% / Consensus: 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 Trade Balance

Location: Australia

Date: 05/03/2014

Time: 00:30


Strength: 2/3

Previous: 468M / Consensus: 270M

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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US Fed's Beige Book

Location: United States

Date: 05/03/2014

Time: 19:00


Strength: 2/3

Previous:

Notes: The Beige Book reports on the current US economic situation. Through interviews with key business contacts, economists, market experts, and other sources are gathered by each of the 12 Federal Reserve Districts. The survey gives a picture of the overall US economic growth. An optimistic view of those authorities is considered as positive, or bullish for the USD, whereas a pessimistic view is considered as negative, or bearish for the Dollar.

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US ISM Non-Manufacturing PMI

Location: United States

Date: 05/03/2014

Time: 15:00


Strength: 2/3

Previous: 54 / Consensus: 54

Notes: The ISM Non-Manufacturing Index released by the Institute for Supply Management (ISM) shows business conditions in the US non-manufacturing sector. It is worth noting that the non-manufacturing sector does not influence, either positively or negatively, the GDP as much as the ISM Manufacturing does. A result above 50 is positive (or bullish) for the USD.

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CA BoC Interest Rate Decision

Location: Canada

Date: 05/03/2014

Time: 14:00


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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US Markit Services PMI

Location: United States

Date: 05/03/2014

Time: 13:58


Strength: 2/3

Previous: 56.7

Notes: The Services Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic condition in US. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.

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US ADP Employment Change

Location: United States

Date: 05/03/2014

Time: 13:15


Strength: 2/3

Previous: 175K / Consensus: 153K

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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CA BOC Rate Statement

Location: Canada

Date: 05/03/2014

Time: 13:00


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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UK Inflation Report Hearings

Location: United Kingdom

Date: 05/03/2014

Time: 10:00


Strength: 3/3

Previous:

Notes: The Treasury Committee is appointed by the House of Commons to examine the expenditure, administration and policy of HM Treasury, HM Revenue & Customs, and associated public bodies, including the Bank of England and the Financial Services Authority.

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EMU Gross Domestic Product s.a. (YoY)

Location: European Monetary Union

Date: 05/03/2014

Time: 10:00


Strength: 3/3

Previous:

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 Retail Sales (YoY)

Location: European Monetary Union

Date: 05/03/2014

Time: 10:00


Strength: 2/3

Previous: -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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EMU Gross Domestic Product s.a. (QoQ)

Location: European Monetary Union

Date: 05/03/2014

Time: 10:00


Strength: 2/3

Previous:

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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