CA Unemployment Rate

Location: Canada

Date: 07/03/2014

Time: 13:30

Strength: 3/3

Previous: 7%

Notes: The Unemployment Rate released by the Statistics Canada is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Canadian Economy. If the rate is up, it indicates a lack of expansion within the Canadian labor market. As a result, a rise leads to weaken the Canadian economy. Normally, a decrease of the figure is seen as positive (or bullish) for the CAD, while an increase is seen as negative or bearish.

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US Average Hourly Earnings (YoY)

Location: United States

Date: 07/03/2014

Time: 13:30

Strength: 2/3

Previous:

Notes: The Average Hourly Earning released by the US Department of Labor is a significant indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to when setting interest rates. A high reading is also positive for the USD, while a low reading is negative.

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CA Housing Starts s.a (YoY)

Location: Canada

Date: 07/03/2014

Time: 13:15

Strength: 2/3

Previous: 180.2K

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

Location: Germany

Date: 07/03/2014

Time: 11:00

Strength: 2/3

Previous: 2.6%

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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JP BoJ Monthly Economic Survey

Location: Japan

Date: 07/03/2014

Time: 05:00

Strength: 2/3

Previous:

Notes: The BoJ Monthly Economic Survey released by the Bank of Japan presents a study of economic movements in Japan. It reviews economic developments inside and outside of Japan and indicate a sign of new fiscal policy. Any changes in this report tend to affect the JPY

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JP Coincident Index

Location: Japan

Date: 07/03/2014

Time: 05:00

Strength: 2/3

Previous: 111.7

Notes: The Coincident Index released by the Cabinet Office is a single summary statistic that tracks the current state of the Japanese economy. A rise in the index indicates an expansion of economic activity and a decline in the index indicates a contraction in economic activity. Generally speaking, a result that values above 50% signals appreciates (or is bullish for) the JPY, whereas a result that values below 50% is seen as negative (or bearish).

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JP Leading Economic Index

Location: Japan

Date: 07/03/2014

Time: 05:00

Strength: 2/3

Previous: 111.3

Notes: The Leading Economic Index released by the Cabinet Office is an economic indicator that consists of 12 indexes such as account inventory ratios, machinery orders, stock prices and other leading economic indicators. It shows the performance of the Japanese Economy over the short and mid-term. Generally speaking, a result above 50 is positive (or bullish) for the JPY, whereas a result below 50 is seen as bearish.

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AU AiG Performance of Construction Index

Location: Australia

Date: 06/03/2014

Time: 22:30

Strength: 2/3

Previous: 48.2

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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US Factory Orders (MoM)

Location: United States

Date: 06/03/2014

Time: 15:00

Strength: 2/3

Previous: -1.5% / Consensus: -0.3%

Notes: The Factory orders released by the US Census Bureau is a measure of the total orders of durable and non durable goods such as shipments (sales), inventories and orders at the manufacturing level which can offer insight into inflation and growth in the manufacturing sector. 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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CA Ivey Purchasing Managers Index s.a

Location: Canada

Date: 06/03/2014

Time: 15:00

Strength: 2/3

Previous: 56.8

Notes: The Ivey PMI released by the Richard Ivey School of Business captures business conditions in Canada. The Ivey PMI is an important indicator of business conditions and the overall economic condition in Canada. A result above 50 signals is seen positive, or bullish for the CAD, whereas a result below 50 is seen as negative, or bearish.

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CA Ivey Purchasing Managers Index

Location: Canada

Date: 06/03/2014

Time: 15:00

Strength: 2/3

Previous: 53.6

Notes: The Ivey PMI released by the Richard Ivey School of Business captures business conditions in Canada. The Ivey PMI is an important indicator of business conditions and the overall economic condition in Canada. A result above 50 signals is seen positive , or bullish for the CAD, whereas a result below 50 is seen as negative, or bearish.

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US Continuing Jobless Claims

Location: United States

Date: 06/03/2014

Time: 13:30

Strength: 2/3

Previous: 2.964M

Notes: The Continuing Jobless Claims released by the US Department of Labor measure the number of individuals who are unemployed and are currently receiving unemployment benefits. It presents the strength in the labor market. A rise in this indicator has negative implications for consumer spending which discourage economic growth. Generally speaking, a high reading is seen as negative, or bearish for the USD, while a low reading is seen as positive, or bullish.

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US Initial Jobless Claims

Location: United States

Date: 06/03/2014

Time: 13:30

Strength: 2/3

Previous: 348K

Notes: The Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy. Generally speaking, a decreasing number should be taken as positive or bullish for the USD.

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EMU ECB Interest Rate Decision

Location: European Monetary Union

Date: 06/03/2014

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 Asset Purchase Facility

Location: United Kingdom

Date: 06/03/2014

Time: 12:00

Strength: 3/3

Previous: ��375B

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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