Location: United Kingdom
Date: 25/03/2014
Time: 09:30
Strength: 3/3
Previous: 1.9%
Notes: The Consumer Price Index released by the National Statistics 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 GBP is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or Bearish).
#END
Tuesday, March 25, 2014
UK Consumer Price Index (YoY)
UK BBA Mortgage Approvals
Location: United Kingdom
Date: 25/03/2014
Time: 09:30
Strength: 2/3
Previous: 50K
Notes: The Mortgage Approvals published by the British Bankers' Association (BBA) measure the number of home loans issued by the BBA during the previous quarter. It is considered as a leading indicator of the UK Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall UK economy. Normally, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish)
#END
DE IFO - Current Assessment
Location: Germany
Date: 25/03/2014
Time: 09:00
Strength: 2/3
Previous: 114.4
Notes: The IFO Current Assessment released by the CESifo Group is closely watched as an indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish).Review Alex Nekritin's Article - Trading Euro with IFO Report
#END
DE IFO - Expectations
Location: Germany
Date: 25/03/2014
Time: 09:00
Strength: 2/3
Previous: 108.3
Notes: The IFO Expectations released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations for the next six months, where firms rate the future outlook as better, same, or worse. An optimistic view of those 7,000 business leaders and senior managers is considered as positive, or bullish for the EUR, whereas a pessimistic view is considered as negative, or bearish.Review Alex Nekritin's Article - Trading Euro with IFO Report
#END
DE IFO - Business Climate
Location: Germany
Date: 25/03/2014
Time: 09:00
Strength: 2/3
Previous: 111.3
Notes: This German business sentiment index released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish).Review Alex Nekritin's Article - Trading Euro with IFO Report
#END
Monday, March 24, 2014
US Markit Manufacturing PMI
Location: United States
Date: 24/03/2014
Time: 13:58
Strength: 2/3
Previous: 57.1
Notes: The Manufacturing Purchasing Managers Index (PMI) released by the Markit Economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in the United States. Readings above 50 imply the economy is expanding, making investors understood it as a bullish for the USD, whereas a result below 50 points for an economic contraction, and weighs negatively on the currency.
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EMU Markit Services PMI
Location: European Monetary Union
Date: 24/03/2014
Time: 08:58
Strength: 2/3
Previous: 52.6
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.
#END
DE Markit Services PMI
Location: Germany
Date: 24/03/2014
Time: 08:28
Strength: 2/3
Previous: 55.9
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.
#END
DE Markit Manufacturing PMI
Location: Germany
Date: 24/03/2014
Time: 08:28
Strength: 2/3
Previous: 54.8
Notes: The Manufacturing Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the Manufacturing PMI is an important indicator of business conditions and the overall economic condition in Germany. Normally, a result above 50 signals is bullish for the EUR, whereas a result below 50 is seen as bearish.
#END
CN HSBC Manufacturing PMI
Location: China
Date: 24/03/2014
Time: 01:45
Strength: 2/3
Previous: 48.5
Notes: The HSBC Manufacturing Purchasing Managers Index (PMI) released by the Markit Economics is an early indicator of economic health in the Chinese manufacturing sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction. As the Chinese economy has influence on the global economy, this economic indicator would have an impact on the Forex market.
#END
Friday, March 21, 2014
EMU Consumer Confidence
Location: European Monetary Union
Date: 21/03/2014
Time: 15:00
Strength: 2/3
Previous: -12.7
Notes: The Consumer Confidence released by the European Commission 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. A high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).
#END
CA Bank of Canada Consumer Price Index Core (MoM)
Location: Canada
Date: 21/03/2014
Time: 13:30
Strength: 2/3
Previous: 0.2%
Notes: The Consumer Price Index Core is released by the Bank of Canada. ���Core��� CPI excludes fruits, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, and tobacco products. These volatile core 8 are considered as the key indicator for inflation in Canada. Generally speaking, a high reading anticipates a hawkish attitude by the BoC, and that is said to be positive (or bullish) for the CAD.
#END
CA Bank of Canada Consumer Price Index Core (YoY)
Location: Canada
Date: 21/03/2014
Time: 13:30
Strength: 3/3
Previous: 1.4%
Notes: Consumer Price Index Core is released by the Bank of Canada. ���Core��� CPI excludes fruits, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, and tobacco products. These volatile core 8 are considered as the key indicator for inflation in Canada. Generally speaking, a high reading anticipates a hawkish attitude by the BoC, and that is said to be positive (or bullish) for the CAD.
#END
CA Consumer Price Index (YoY)
Location: Canada
Date: 21/03/2014
Time: 13:30
Strength: 3/3
Previous: 1.5%
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 ( http://www.bankofcanada.ca/en/index.html ) 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
CA Retail Sales (MoM)
Location: Canada
Date: 21/03/2014
Time: 13:30
Strength: 2/3
Previous: -1.8%
Notes: The Retail Sales released by the Statistics Canada is a monthly data that shows all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence. It shows the performance of the retail sector in the short term. Generally speaking, the positive economic growth anticipates bullish movements for the CAD.
#END
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