Friday, March 21, 2014

CA Consumer Price Index (MoM)

Location: Canada

Date: 21/03/2014

Time: 12:30


Strength: 2/3

Previous: 0.3% / Consensus: 0.6%

Notes: The Consumer Price Index (CPI) released by the Statistics Canada is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of CAD is dragged down by inflation. Bank of Canada aims at an inflation range (1%-3%). Generally speaking, a high reading is seen as anticipatory of a rate hike and is positive (or bullish) for the CAD.

#END

Thursday, March 20, 2014

EMU European Council meeting

Location: European Monetary Union

Date: 20/03/2014

Time: 00:00


Strength: 2/3

Previous:

Notes: European Council meetings are chaired by Herman Van Rompuy, President of the European Council. They take place in Brussels, in the Justus Lipsius building with the assistance of the General Secretariat of the Council. The meeting will involve the Heads of State and Government of member states.

#END

AU CB Leading Indicator

Location: Australia

Date: 20/03/2014

Time: 0 - F


Strength: 2/3

Previous: 0.8%

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).

#END

US Bank Stress Test Info

Location: United States

Date: 20/03/2014

Time: 20:30


Strength: 3/3

Previous:

Notes: Bank Stress Test result released by the Board of Governors of the Federal Reserve System presents a result of a bank stress test for the largest U.S. banking organizations. The test is conducted to determine their reactions to different financial situations. The result would affect the stance of monetary policy, and assess the risks to its long-run goals of price stability and sustainable economic growth. A high reading is seen as bullish (or postive) for the USD, whereas a low reading is seen as bearish (or negative).

#END

US Philadelphia Fed Manufacturing Survey

Location: United States

Date: 20/03/2014

Time: 15:00


Strength: 2/3

Previous: -6.3

Notes: The Philadelphia Fed Survey is a spread index of manufacturing conditions (movements of manufacturing) within the Federal Reserve Bank of Philadelphia. This survey, served as an indicator of manufacturing sector trends, is interrelated with the ISM manufacturing Index (Institute for Supply Management) and the index of industrial production. It is also used as a forecast of The ISM Index. Generally, an above-the-expectaitons reading is seen as positive for the USD.

#END

JP Bank of Japan Governor Kuroda Speech

Location: Japan

Date: 20/03/2014

Time: 07:15


Strength: 3/3

Previous:

Notes: Bank of Japan Governor Haruhiko Kuroda will hold a press conference about monetary policies in Tokyo. Mr Kuroda exercises general control over the Bank's business. He is in charge of the Internal Auditors' Office.

#END

Wednesday, March 19, 2014

AU RBA Bulletin

Location: Australia

Date: 19/03/2014

Time: 00:30


Strength: 2/3

Previous:

Notes: The Bulletin, published by Reserve Bank of Australia, contains articles and speeches that discuss economic and financial developments as well as the Bank's operations. Published monthly until December 2009 and thereafter quarterly.

#END

EMU European Council meeting

Location: European Monetary Union

Date: 19/03/2014

Time: 00:00


Strength: 2/3

Previous:

Notes: European Council meetings are chaired by Herman Van Rompuy, President of the European Council. They take place in Brussels, in the Justus Lipsius building with the assistance of the General Secretariat of the Council. The meeting will involve the Heads of State and Government of member states.

#END

JP Foreign bond investment

Location: Japan

Date: 19/03/2014

Time: 0 - T


Strength: 2/3

Previous: -��618.5B

Notes: Securities investment, released by Ministry of Finance, referrers to bonds issued in a domestic market by a foreign entity in the domestic market���s currency. The report is released by the Ministry of Finance, detailing the flows from the public sector excluding Bank of Japan. The net data shows the difference of capital inflow and outflow. A positive difference indicates net sales of foreign securities by residents (capital inflow), and a negative difference indicates net purchases of foreign securities by residents (capital outflow).

#END

JP Foreign investment in Japan stocks

Location: Japan

Date: 19/03/2014

Time: 0 - T


Strength: 2/3

Previous: ��383.8B

Notes: Securities investment, released by Ministry of Finance, referrers to bonds issued in a domestic market by a foreign entity in the domestic market���s currency. The report is released by the Ministry of Finance, detailing the flows from the public sector excluding Bank of Japan. The net data shows the difference of capital inflow and outflow. A positive difference indicates net sales of foreign securities by residents (capital inflow), and a negative difference indicates net purchases of foreign securities by residents (capital outflow).

#END

NZ Gross Domestic Product (QoQ)

Location: New Zealand

Date: 19/03/2014

Time: 21:45


Strength: 2/3

Previous: 1.4%

Notes: The Gross Domestic Product released by the Statistics New Zealand is a measure of the total value of all goods and services produced by New Zealand. The GDP is considered as a broad measure of New Zealand economic activity and health. Generally speaking, a high reading is seen as positive (or bullish) for the NZD, while a falling trend is seen as negative (or bearish) for the NZD.

#END

NZ Gross Domestic Product (YoY)

Location: New Zealand

Date: 19/03/2014

Time: 21:45


Strength: 3/3

Previous: 3.5%

Notes: The Gross Domestic Product released by the Statistics New Zealand is a measure of the total value of all goods and services produced by New Zealand. The GDP is considered as a broad measure of New Zealand economic activity and health. Generally speaking, a high reading is seen as positive (or bullish) for the NZD, while a falling trend is seen as negative (or bearish) for the NZD.

#END

US FOMC Economic Projections

Location: United States

Date: 19/03/2014

Time: 19:00


Strength: 2/3

Previous:

Notes: This report, released by Federal Reserve, includes the FOMC's projection for inflation and economic growth over the next 2 years and, more importantly, a breakdown of individual FOMC member's interest rate forecasts.

#END

US Fed Interest Rate Decision

Location: United States

Date: 19/03/2014

Time: 19:00


Strength: 3/3

Previous: 0.25%

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.

#END

US Fed Pace of MBS Purchase Program

Location: United States

Date: 19/03/2014

Time: 18:00


Strength: 3/3

Previous: $30B

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.

#END