Thursday, May 01, 2014

US ISM Prices Paid

Location: United States

Date: 01/05/2014

Time: 15:00


Strength: 2/3

Previous: 59

Notes: The Institute for Supply Management ( ISM ) Manufacturing Index shows business conditions in the US manufacturing sector, taking into account expectations for future production, new orders, inventories, employment and deliveries

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US Construction Spending (MoM)

Location: United States

Date: 01/05/2014

Time: 15:00


Strength: 2/3

Previous: 0.1%

Notes: The Construction Spending released by the US Census Bureau is an indicator that measures the total amount of spending in the US on all types of construction. The residential construction component is useful for predicting future national new home sales and mortgage origination volume. 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 ISM Manufacturing PMI

Location: United States

Date: 01/05/2014

Time: 15:00


Strength: 3/3

Previous: 53.7

Notes: The Institute for Supply Management (ISM) Manufacturing Index shows business conditions in the US manufacturing sector It is a significant indicator of the overall economic condition in US. A result above 50 is seen as positive (or bullish) for the USD, whereas a result below 50 is seen as negative (or bearish).

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US Markit Manufacturing PMI

Location: United States

Date: 01/05/2014

Time: 14:45


Strength: 2/3

Previous: 55.5

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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US Initial Jobless Claims

Location: United States

Date: 01/05/2014

Time: 13:30


Strength: 2/3

Previous: 329K

Notes: The Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy. Generally speaking, a decreasing number should be taken as positive or bullish for the USD.

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US Personal Spending

Location: United States

Date: 01/05/2014

Time: 13:30


Strength: 2/3

Previous: 0.3% / Consensus: 0.6%

Notes: Personal spending, released by Bureau of Economic Analysis, Department of Commerce, measures purchases of goods and services by households and by nonprofit institutions that serve households from private business.

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US Personal Income (MoM)

Location: United States

Date: 01/05/2014

Time: 13:30


Strength: 2/3

Previous: 0.3% / Consensus: 0.4%

Notes: The Personal Income released by the Bureau of Economic Analysis, Department of Commerce measures the total income received by individuals, from all sources including wages and salaries, interest, dividends, rent, workers' compensation, proprietors' earnings, and transfer payments. This figure can provide insight on the US employment situation. A high reading is positive for the USD, whereas a low reading is negative.

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US Fed's Yellen Speech

Location: United States

Date: 01/05/2014

Time: 13:30


Strength: 2/3

Previous:

Notes: Janet L. Yellen took office as Chair of the Board of Governors of the Federal Reserve System on February 3, 2014, for a four-year term ending February 3, 2018. Dr. Yellen also serves as Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body.

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US Continuing Jobless Claims

Location: United States

Date: 01/05/2014

Time: 13:30


Strength: 2/3

Previous: 2.68M

Notes: The Continuing Jobless Claims released by the US Department of Labor measure the number of individuals who are unemployed and are currently receiving unemployment benefits. It presents the strength in the labor market. A rise in this indicator has negative implications for consumer spending which discourage economic growth. Generally speaking, a high reading is seen as negative, or bearish for the USD, while a low reading is seen as positive, or bullish.

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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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