UK Consumer Credit

Location: United Kingdom

Date: 01/05/2014

Time: 09:30

Strength: 2/3

Previous: ��0.552B

Notes: The Consumer Credit released by the Bank of England is an amount of money that individuals borrowed in the previous month. It shows if consumers can afford large expenses, which can fuel economic growth. However, a high figure may also indicate that the economy is overheating, as consumers borrow in order to live beyond their means. A high reading is seen as positive for the GBP, whereas a low reading is seen as negative.

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UK Mortgage Approvals

Location: United Kingdom

Date: 01/05/2014

Time: 09:30

Strength: 2/3

Previous: 70.309K

Notes: The Mortgage Approvals released by the Bank of England presents the number of various Mortgage Approvals. It is considered as a leading indicator of the U.K. Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall U.K. economy. 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 Markit Manufacturing PMI

Location: United Kingdom

Date: 01/05/2014

Time: 09:30

Strength: 2/3

Previous: 55.3

Notes: The Manufacturing Purchasing Managers Index (PMI) released by both the Chartered Institute of Purchasing & Supply and 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 UK. A result above 50 signals is bullish for the GBP, whereas a result below 50 is seen as bearish.

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UK Net Lending to Individuals (MoM)

Location: United Kingdom

Date: 01/05/2014

Time: 09:30

Strength: 2/3

Previous: ��2.3B

Notes: UK Net Lending to Individuals released by the Bank of England is a monthly measure of growth rates, amounts outstanding and changes in total lending to individuals, divided into lending secured on dwellings and consumer credit. It shows a picture of whether or not consumers are willing to spend money. A high reading is positive for the GBP, while a low reading is negative.

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CN HSBC Manufacturing PMI

Location: China

Date: 01/05/2014

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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CN NBS Manufacturing PMI

Location: China

Date: 01/05/2014

Time: 02:00

Strength: 2/3

Previous: 50.3

Notes: The Manufacturing Purchasing Managers Index (PMI) released by the China Federation of Logistics and Purchasing (CFLP) studies business conditions 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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AU AiG Performance of Mfg Index

Location: Australia

Date: 30/04/2014

Time: FXstr

Strength: 2/3

Previous: 47.9

Notes: AiG performance of the Mfg Index released by the Australian Industry Group presents business conditions in the Australian manufacturing 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 Fed's Monetary Policy Statement

Location: United States

Date: 30/04/2014

Time: 19:00

Strength: 3/3

Previous:

Notes: Following the Fed's rate decision, the FOMC releases its statement regarding monetary policy. The statement may influence the

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US Fed Interest Rate Decision

Location: United States

Date: 30/04/2014

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.

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US Fed Pace of Treasury Purchase Program

Location: United States

Date: 30/04/2014

Time: 19:00

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.

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US Fed Pace of MBS Purchase Program

Location: United States

Date: 30/04/2014

Time: 19:00

Strength: 3/3

Previous: $25B

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.

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US Chicago Purchasing Managers' Index

Location: United States

Date: 30/04/2014

Time: 14:45

Strength: 2/3

Previous: 55.9 / Consensus: 56.5

Notes: The Chicago Purchasing Managers Index released by Kingsbury International captures business conditions across Illinois, Indiana and Michigan. This index is an indicator of business trends and it is interrelated with the ISM manufacturing Index. It is widely used to indicate the overall economic condition in US. A result above 50 is bullish for the USD, whereas a result below 50 is seen as bearish.

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CA Gross Domestic Product (MoM)

Location: Canada

Date: 30/04/2014

Time: 13:30

Strength: 2/3

Previous: 0.5%

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

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US Gross Domestic Product Price Index

Location: United States

Date: 30/04/2014

Time: 13:30

Strength: 2/3

Previous: 1.6% / Consensus: 1.7%

Notes: The GDP Price Index released by the Bureau of Economic Analysis, Department of Commerce gauges the change in the prices of goods and services. Changes in the GDP price index are followed as an indicator of inflationary pressure that may anticipate interest rates to rise. 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 Personal Consumption Expenditures Prices (QoQ)

Location: United States

Date: 30/04/2014

Time: 13:30

Strength: 2/3

Previous: 1.1% / Consensus: 1.4%

Notes: Personal Consumption Expenditures, released by US Department of Commerce, measures price changes in consumer goods and services. Personal consumption expenditures consist of the actual and imputed expenditures of households; the measure includes data pertaining to durables, non-durables and services. It is essentially a measure of goods and services targeted toward individuals and consumed by individuals.

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