Thursday, April 24, 2014

DE Markit Manufacturing PMI

Location: Germany

Date: 24/04/2014

Time: 08:28


Strength: 2/3

Previous: 53.7

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.

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DE Markit Services PMI

Location: Germany

Date: 24/04/2014

Time: 08:28


Strength: 2/3

Previous: 53

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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CN HSBC Manufacturing PMI

Location: China

Date: 24/04/2014

Time: 02:45


Strength: 2/3

Previous: 48

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.

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Wednesday, April 23, 2014

NZ RBNZ Interest Rate Decision

Location: New Zealand

Date: 23/04/2014

Time: 21:00


Strength: 3/3

Previous: 2.75%

Notes: RBNZ Interest Rate Decision is announced by the Reserve Bank of New Zealand. If the RBNZ is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the NZD.Review Alex Nekritin's Article - Trading New Zealand Dollar with RBNZ Rate Decision

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US New Home Sales (MoM)

Location: United States

Date: 23/04/2014

Time: 15:00


Strength: 2/3

Previous: 0.44M

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 BOE MPC Vote Cut

Location: United Kingdom

Date: 23/04/2014

Time: 09:30


Strength: 3/3

Previous: 0

Notes: Interest rates are set by the Bank���s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members ��� the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

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UK BOE MPC Vote Hike

Location: United Kingdom

Date: 23/04/2014

Time: 09:30


Strength: 3/3

Previous: 0

Notes: Interest rates are set by the Bank���s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members ��� the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

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UK Bank of England Minutes

Location: United Kingdom

Date: 23/04/2014

Time: 09:30


Strength: 3/3

Previous:

Notes: The minutes of the BoE MPC meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. Generally speaking, if the BoE is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the GBP.

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UK BOE MPC Vote Unchanged

Location: United Kingdom

Date: 23/04/2014

Time: 09:30


Strength: 3/3

Previous: 9

Notes: Interest rates are set by the Bank���s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members ��� the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

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AU RBA trimmed mean CPI (YoY)

Location: Australia

Date: 23/04/2014

Time: 02:30


Strength: 2/3

Previous: 2.6%

Notes: The Consumer Price Index released by the RBA and republished by the Australian Bureau of Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The trimmed mean is calculated as the weighted mean of the central 70% of the quarterly price change distribution of all CPI components, with the annual rates based on compounded quarterly calculations.

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AU Consumer Price Index (YoY)

Location: Australia

Date: 23/04/2014

Time: 02:30


Strength: 3/3

Previous: 2.7%

Notes: The Consumer Price Index released by the RBA and republished by the Australian Bureau of 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 AUD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. 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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AU Consumer Price Index (QoQ)

Location: Australia

Date: 23/04/2014

Time: 02:30


Strength: 2/3

Previous: 0.8%

Notes: The Consumer Price Index released by the RBA and republished by the Australian Bureau of 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 AUD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. 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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AU RBA trimmed mean CPI (QoQ)

Location: Australia

Date: 23/04/2014

Time: 02:30


Strength: 2/3

Previous: 0.9%

Notes: The Consumer Price Index released by the RBA and republished by the Australian Bureau of Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The trimmed mean is calculated as the weighted mean of the central 70% of the quarterly price change distribution of all CPI components, with the annual rates based on compounded quarterly calculations.

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Tuesday, April 22, 2014

US Existing Home Sales Change (MoM)

Location: United States

Date: 22/04/2014

Time: 15:00


Strength: 2/3

Previous: -0.4%

Notes: The Existing Home Sales, released by the National Association of Realtors provide an estimated value of housing market conditions. As the housing market is considered as a sensitive factor to the US economy, it generates some

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UK Public Sector Net Borrowing

Location: United Kingdom

Date: 22/04/2014

Time: 09:30


Strength: 2/3

Previous: ��7.478

Notes: The Net Borrowing released by the National Statistics captures an amount of new debt held by the U.K. governments (the financial deficit in the UK national accounts). Generally speaking, if the Net Borrowing is negative, it means the UK Accounts are surplus, and that should be positive for the GBP. While a deficit is generally unfavorable for the economy, a growth in the Net Borrowing is considered as negative, or bearish for the GBP.

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