Thursday, April 03, 2014

EMU ECB Interest Rate Decision

Location: European Monetary Union

Date: 03/04/2014

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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EMU Retail Sales (YoY)

Location: European Monetary Union

Date: 03/04/2014

Time: 10:00


Strength: 2/3

Previous: 1.3%

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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UK Markit Services PMI

Location: United Kingdom

Date: 03/04/2014

Time: 09:28


Strength: 2/3

Previous: 58.2

Notes: The PMI service released by both the Chartered Institute of Purchasing & Supply and the Markit Economics is an indicator of the economic situation in the UK services sector. It captures an overview of the condition of sales and employment. It is worth noting that the UK service sector does not influence, either positively or negatively, the GDP as much as the Manufacturing PMI does. Traders want the highest possible reading as that will be taken as positive for the GBP. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

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EMU Markit Services PMI

Location: European Monetary Union

Date: 03/04/2014

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.

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DE Markit Services PMI

Location: Germany

Date: 03/04/2014

Time: 08:53


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.

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IT Markit Services PMI

Location: Italy

Date: 03/04/2014

Time: 08:43


Strength: 2/3

Previous: 52.9

Notes: The Services PMI released by the Markit Economics is an indicator of the economic situation in Italian services sector. It captures an overview of the condition of sales and employment. Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually a result above 50 is bullish for the Euro, whereas a result below 50 is seen as bearish.

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AU Building Permits (YoY)

Location: Australia

Date: 03/04/2014

Time: 02:30


Strength: 2/3

Previous: 34.6%

Notes: The Building Permits released by the Australian Bureau of Statistics shows the number of permits for new construction projects. It implies the movement of corporate investments (the Australian economic development). It tends to cause some

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CN Non-manufacturing PMI

Location: China

Date: 03/04/2014

Time: 02:00


Strength: 3/3

Previous: 55

Notes: The official non-manufacturing PMI, released by China Federation of Logistics and Purchasing (CFLP), is based on a survey of about 1,200 companies covering 27 industries including construction, transport and telecommunications. It's the level of a diffusion index based on surveyed purchasing managers in the services industry and if it's above 50.0 indicates industry expansion, below indicates contraction.

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Wednesday, April 02, 2014

AU Retail Sales s.a. (MoM)

Location: Australia

Date: 02/04/2014

Time: 01:30


Strength: 2/3

Previous: 1.2%

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 AiG Performance of Services Index

Location: Australia

Date: 02/04/2014

Time: 00:30


Strength: 2/3

Previous: 55.2

Notes: AiG Performance of Services Index released by the Australian Industry Group presents business conditions in the Australian service sector. The group surveys 200 manufacturers on their assessment of the business situation including employment, production, orders, prices, and inventories, and their short-term planning. A result above 50 is seen as positive (or bullish) for the AUD, whereas a result below 50 is seen as negative (or bearish).

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US Factory Orders (MoM)

Location: United States

Date: 02/04/2014

Time: 15:00


Strength: 2/3

Previous: -0.7%

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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US ADP Employment Change

Location: United States

Date: 02/04/2014

Time: 13:15


Strength: 2/3

Previous: 139K

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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EMU Gross Domestic Product s.a. (QoQ)

Location: European Monetary Union

Date: 02/04/2014

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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EMU Gross Domestic Product s.a. (YoY)

Location: European Monetary Union

Date: 02/04/2014

Time: 10:00


Strength: 3/3

Previous: -0.3%

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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UK PMI Construction

Location: United Kingdom

Date: 02/04/2014

Time: 09:30


Strength: 2/3

Previous: 62.6

Notes: The PMI Construction released by the Chartered Institute of Purchasing & Supply and Markit Economics shows business conditions in the UK construction sector. It is worth noting that the construction sector does not influence, either positively or negatively, the GDP as much as the Manufacturing sector does A result that values above 50 signals appreciates (or is bullish for ) the GBP, whereas a result that values below 50 is seen as negative (or bearish).

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