Wednesday, March 26, 2014

NZ Trade Balance (MoM)

Location: New Zealand

Date: 26/03/2014

Time: 21:45


Strength: 2/3

Previous: $306M

Notes: The Trade Balance released by the Statistics New Zealand is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Any variation in the figures influences the domestic economy. If a steady demand in exchange for exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the NZD.Review Alex Nekritin's Article - Trading New Zealand Dollar with New Zealand Trade Balance

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US Bank Stress Test Info

Location: United States

Date: 26/03/2014

Time: 20:00


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).

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US Markit Services PMI

Location: United States

Date: 26/03/2014

Time: 13:58


Strength: 2/3

Previous: 53.3

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 Durable Goods Orders ex Transportation

Location: United States

Date: 26/03/2014

Time: 13:30


Strength: 2/3

Previous: 1.1%

Notes: The Durable Goods Orders measures, released by the US Census Bureau, the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, excluding the transport sector. As those durable products often involve large investments they are sensitive to the US economic situation. Generally speaking, a high reading is bullish for the USD, while a low reading is seen as Bearish.

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US MBA Mortgage Applications

Location: United States

Date: 26/03/2014

Time: 11:00


Strength: 2/3

Previous:

Notes: The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. 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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UK Gross Domestic Product (QoQ)

Location: United Kingdom

Date: 26/03/2014

Time: 09:30


Strength: 3/3

Previous: 0.8%

Notes: The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).

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UK Gross Domestic Product (YoY)

Location: United Kingdom

Date: 26/03/2014

Time: 09:30


Strength: 3/3

Previous: 1.9%

Notes: The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).

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UK Total Business Investment (YoY)

Location: United Kingdom

Date: 26/03/2014

Time: 09:30


Strength: 2/3

Previous: -5.3%

Notes: The Total Business Investment released by the National Statistics presents the total amount of capital expenditures made by private firms. A large business investment is indicative of overall growth and demand in the UK economy. Generally speaking, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or Bearish).

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DE Gfk Consumer Confidence Survey

Location: Germany

Date: 26/03/2014

Time: 07:00


Strength: 2/3

Previous: 8.5

Notes: The GfK Consumer Confidence 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. Generally speaking, a high reading is positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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Tuesday, March 25, 2014

US Consumer Confidence

Location: United States

Date: 25/03/2014

Time: 14:00


Strength: 2/3

Previous: 78.1

Notes: The Conference Board's Consumer Confidence captures the level of confidence that individuals have in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Generally, a high reading is also positive for the USD, while a low reading is negative.

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US New Home Sales (MoM)

Location: United States

Date: 25/03/2014

Time: 14:00


Strength: 2/3

Previous: 468K

Notes: The number of New Home Sales released by the US Census Bureau is an important measure of housing market conditions. House buyers spend money on furnishing and financing their homes so as a result the demand for goods, services and the employees is stimulated. Generally, a high reading is seen as bullish for the USD, whereas a low reading is seen as bearish.

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UK Core Consumer Price Index (YoY)

Location: United Kingdom

Date: 25/03/2014

Time: 09:30


Strength: 3/3

Previous: 1.6%

Notes: The Core 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. "Core" excludes seasonally volatile products such as food and energy in order to capture an accurate calculation. 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).

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UK Consumer Price Index (YoY)

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).

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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)

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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

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