Friday, May 23, 2014

US New Home Sales (MoM)

Location: United States

Date: 23/05/2014

Time: 15:00


Strength: 2/3

Previous: 0.384M

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.

#END

CA Bank of Canada Consumer Price Index Core (MoM)

Location: Canada

Date: 23/05/2014

Time: 13:30


Strength: 2/3

Previous: 0.3%

Notes: The Consumer Price Index Core is released by the Bank of Canada. ���Core��� CPI excludes fruits, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, and tobacco products. These volatile core 8 are considered as the key indicator for inflation in Canada. Generally speaking, a high reading anticipates a hawkish attitude by the BoC, and that is said to be positive (or bullish) for the CAD.

#END

CA Consumer Price Index (YoY)

Location: Canada

Date: 23/05/2014

Time: 13:30


Strength: 3/3

Previous: 1.5%

Notes: The Consumer Price Index (CPI) released by the Statistics Canada 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 CAD is dragged down by inflation. Bank of Canada ( http://www.bankofcanada.ca/en/index.html ) aims at an inflation range (1%-3%). Generally speaking, a high reading is seen as anticipatory of a rate hike and is positive (or bullish) for the CAD.

#END

CA Consumer Price Index (MoM)

Location: Canada

Date: 23/05/2014

Time: 13:30


Strength: 2/3

Previous: 0.6%

Notes: The Consumer Price Index (CPI) released by the Statistics Canada 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 CAD is dragged down by inflation. Bank of Canada aims at an inflation range (1%-3%). Generally speaking, a high reading is seen as anticipatory of a rate hike and is positive (or bullish) for the CAD.

#END

CA Bank of Canada Consumer Price Index Core (YoY)

Location: Canada

Date: 23/05/2014

Time: 13:30


Strength: 3/3

Previous: 1.3%

Notes: Consumer Price Index Core is released by the Bank of Canada. ���Core��� CPI excludes fruits, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, and tobacco products. These volatile core 8 are considered as the key indicator for inflation in Canada. Generally speaking, a high reading anticipates a hawkish attitude by the BoC, and that is said to be positive (or bullish) for the CAD.

#END

DE IFO - Expectations

Location: Germany

Date: 23/05/2014

Time: 09:00


Strength: 2/3

Previous: 107.3

Notes: The IFO Expectations released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations for the next six months, where firms rate the future outlook as better, same, or worse. An optimistic view of those 7,000 business leaders and senior managers is considered as positive, or bullish for the EUR, whereas a pessimistic view is considered as negative, or bearish.Review Alex Nekritin's Article - Trading Euro with IFO Report

#END

DE IFO - Current Assessment

Location: Germany

Date: 23/05/2014

Time: 09:00


Strength: 2/3

Previous: 115.3

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

#END

DE IFO - Business Climate

Location: Germany

Date: 23/05/2014

Time: 09:00


Strength: 2/3

Previous: 111.2

Notes: This German business sentiment index released by the CESifo Group is closely watched as an early 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

#END

DE Gross Domestic Product n.s.a (YoY)

Location: Germany

Date: 23/05/2014

Time: 07:00


Strength: 2/3

Previous: 1.3% / Consensus: 2.2%

Notes: The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. A high reading or a better than expected number has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

#END

DE Gross Domestic Product s.a (QoQ)

Location: Germany

Date: 23/05/2014

Time: 07:00


Strength: 3/3

Previous: 0.4% / Consensus: 0.8%

Notes: The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. A high reading or a better than expected number has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

#END

DE Gross Domestic Product w.d.a (YoY)

Location: Germany

Date: 23/05/2014

Time: 07:00


Strength: 2/3

Previous: 1.4%

Notes: The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. A high reading or a better than expected number has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

#END

Thursday, May 22, 2014

US CB Leading Indicator (MoM)

Location: United States

Date: 22/05/2014

Time: 15:00


Strength: 2/3

Previous: 0.8%

Notes: The Leading Indicators released by the Conference Board measures future trends of the overall economic activity including employment, average manufacturing workweek, initial claims, permits for new housing construction, stock prices and yield curve. It is considered as a measure for economic stability in United States. This event generates some

#END

US Existing Home Sales Change (MoM)

Location: United States

Date: 22/05/2014

Time: 15:00


Strength: 2/3

Previous: -0.2%

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

#END

US Markit Manufacturing PMI

Location: United States

Date: 22/05/2014

Time: 14:45


Strength: 2/3

Previous: 55.4

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.

#END

US Continuing Jobless Claims

Location: United States

Date: 22/05/2014

Time: 13:30


Strength: 2/3

Previous: 2.667M

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.

#END