Thursday, May 29, 2014

AU HIA New Home Sales (MoM)

Location: Australia

Date: 29/05/2014

Time: 02:00


Strength: 2/3

Previous: 0.2%

Notes: HIA New Home Sales released by the Housing Industry Association presents the number of new home sales in Australia. It indicates the housing market condition. House buyers spend money on furnishing and financing their homes, which stimulates the demand for goods, services, and the employees. Thus, a high reading is seen as bullish (or positive) for the AUD, whereas a low reading is seen as bearish (or negative).

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NZ ANZ Business Confidence

Location: New Zealand

Date: 29/05/2014

Time: 02:00


Strength: 2/3

Previous: 64.8%

Notes: The Business Confidence released by the ANZ shows the business outlook in New Zealand. The Business Confidence allows analysis of economic situation in the short term. Increasing numbers indicates increases in business investment that lead to higher levels of output. Thus, a high reading is seen as positive (or bullish) for the NZD, while a low reading is seen as negative (or bearish).

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Wednesday, May 28, 2014

JP Retail Trade (YoY)

Location: Japan

Date: 28/05/2014

Time: 00:50


Strength: 2/3

Previous: 11%

Notes: The Retail Trade released by the Ministry of Economy, Trade and Industry captures the aggregate sales made through a business location (usually a store) in which the principal activity is the sale of merchandise and related services to the general public, for household or personal consumption. Consumer spending is a key important indicator for the Japanese economy. A high reading is positive for the JPY, while a low reading is negative.

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JP Large Retailer's Sales

Location: Japan

Date: 28/05/2014

Time: 00:50


Strength: 2/3

Previous: 16.1%

Notes: The Large Retailers' Sales released by the Ministry of Economy, Trade and Industry captures the total value of goods sold in large stores, chain convenience stores, and supermarkets. It indicates the level of consumption and consumer confidence. A high level of Large Retailers�� Sales stimulates economic expansion while a low level drives to economic downturn. A high reading is positive for the JPY, while a low reading is bearish.

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UK Gfk Consumer Confidence

Location: United Kingdom

Date: 28/05/2014

Time: 00:05


Strength: 2/3

Previous: -3

Notes: The GfK Group Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Normally, a high reading is positive for the GBP, while a low reading is bearish.

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DE Gfk Consumer Confidence Survey

Location: Germany

Date: 28/05/2014

Time: 07:00


Strength: 2/3

Previous: 8.5

Notes: The GfK Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Generally speaking, a high reading is positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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DE Gfk Consumer Confidence Survey

Location: Germany

Date: 28/05/2014

Time: 07:00


Strength: 2/3

Previous: 8.5

Notes: The GfK Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Generally speaking, a high reading is positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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Tuesday, May 27, 2014

AU Westpac Leading Index (MoM)

Location: Australia

Date: 27/05/2014

Time: 01:30


Strength: 2/3

Previous: 0%

Notes: The Westpac Leading Index released by the Melbourne Institute tracks nine gauges of economic activity, including share prices and telephone installations, to provide an indication of how the economy will perform. It tends to have an impact on the AUD

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US Consumer Confidence

Location: United States

Date: 27/05/2014

Time: 15:00


Strength: 2/3

Previous: 82.3

Notes: The Conference Board's Consumer Confidence captures the level of confidence that individuals have in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Generally, a high reading is also positive for the USD, while a low reading is negative.

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US Markit Services PMI

Location: United States

Date: 27/05/2014

Time: 14:45


Strength: 2/3

Previous: 55

Notes: The Services Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic condition in US. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.

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US Durable Goods Orders

Location: United States

Date: 27/05/2014

Time: 13:30


Strength: 3/3

Previous: 2.6%

Notes: The Durable Goods Orders, released by the US Census Bureau, measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, such as motor vehicles and appliances. As those durable products often involve large investments they are sensitive to the US economic situation. The final figure shows the state of US production activity. Generally speaking, a high reading is bullish for the USD.

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US Durable Goods Orders ex Transportation

Location: United States

Date: 27/05/2014

Time: 13:30


Strength: 2/3

Previous: 2%

Notes: The Durable Goods Orders measures, released by the US Census Bureau, the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, excluding the transport sector. As those durable products often involve large investments they are sensitive to the US economic situation. Generally speaking, a high reading is bullish for the USD, while a low reading is seen as Bearish.

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Monday, May 26, 2014

NZ Trade Balance (YoY)

Location: New Zealand

Date: 26/05/2014

Time: 5 - M


Strength: 2/3

Previous: $0.8B

Notes: Trade balance, released by Statistics New Zealand, is the difference between the value of country's exports and imports, over a period of year. A positive balance means that exports exceed imports, a negative ones means the opposite. Positive trade balance illustrates high competitiveness of country's economy.

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JP BoJ Monetary Policy Meeting Minutes

Location: Japan

Date: 26/05/2014

Time: 00:50


Strength: 3/3

Previous:

Notes: The Bank of Japan publishes a study of economic movements in Japan after the actual meeting. These meetings are held to review economic developments inside and outside of Japan and indicate a sign of new fiscal policy. Any changes in this report tend to affect the JPY

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NZ Trade Balance (MoM)

Location: New Zealand

Date: 26/05/2014

Time: 5 - M


Strength: 2/3

Previous: $920M

Notes: The Trade Balance released by the Statistics New Zealand is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Any variation in the figures influences the domestic economy. If a steady demand in exchange for exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the NZD.Review Alex Nekritin's Article - Trading New Zealand Dollar with New Zealand Trade Balance

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