Location: European Monetary Union
Date: 03/06/2014
Time: 10:00
Strength: 3/3
Previous: 1%
Notes: The core Consumer Price Index released by Eurostat is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services excluding the volatile components like food, energy, alcohol and tobacco. The core CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is seen as positive or bullish for the EUR, while a low reading is seen as negative.
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Tuesday, June 03, 2014
EMU Consumer Price Index - Core (YoY)
EMU Unemployment Rate
Location: European Monetary Union
Date: 03/06/2014
Time: 10:00
Strength: 2/3
Previous: 11.8%
Notes: The Unemployment Rate released by the Eurostat is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the European Economy. If the rate is up, it indicates a lack of expansion within the European lobar market. As a result, a rise leads to weaken the European economy. Generally speaking, a decrease of the figure is seen as positive (or bullish) for the EUR, while an increase is seen as negative (or bearish).
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EMU Consumer Price Index (YoY)
Location: European Monetary Union
Date: 03/06/2014
Time: 10:00
Strength: 3/3
Previous: 0.7%
Notes: The Euro Zone CPI released by the Eurostat captures the changes in the price of goods and services. The CPI is a significant way to measure changes in purchasing trends and inflation in the Euro Zone. Generally, a high reading anticipates a hawkish attitude which will be positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).
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UK PMI Construction
Location: United Kingdom
Date: 03/06/2014
Time: 09:30
Strength: 2/3
Previous: 60.8
Notes: The PMI Construction released by the Chartered Institute of Purchasing & Supply and Markit Economics shows business conditions in the UK construction sector. It is worth noting that the construction sector does not influence, either positively or negatively, the GDP as much as the Manufacturing sector does A result that values above 50 signals appreciates (or is bullish for ) the GBP, whereas a result that values below 50 is seen as negative (or bearish).
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AU RBA Interest Rate Decision
Location: Australia
Date: 03/06/2014
Time: 05:30
Strength: 3/3
Previous: 2.5%
Notes: RBA Interest Rate Decision is announced by the Reserve Bank of Australia. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.Review Alex Nekritin's Article -Trading Australian Dollar with RBA Rate Decision
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AU RBA Rate Statement
Location: Australia
Date: 03/06/2014
Time: 05:30
Strength: 2/3
Previous:
Notes: Decisions regarding this interest rate are made by the Reserve Bank Board, and are explained in a media release which announces the decision at 2.30 pm after each Board meeting.
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Monday, June 02, 2014
US Construction Spending (MoM)
Location: United States
Date: 02/06/2014
Time: 15:00
Strength: 2/3
Previous: 0.2%
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 Markit Manufacturing PMI
Location: United States
Date: 02/06/2014
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.
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EMU Markit Manufacturing PMI
Location: European Monetary Union
Date: 02/06/2014
Time: 09:00
Strength: 2/3
Previous: 53.4
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 Euro Zone. Usually 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 Manufacturing PMI
Location: Germany
Date: 02/06/2014
Time: 08:55
Strength: 2/3
Previous: 54.1
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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IT Markit Manufacturing PMI
Location: Italy
Date: 02/06/2014
Time: 08:45
Strength: 2/3
Previous: 54
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 Italy. A result above 50 signals is bullish for the Euro, whereas a result below 50 is seen as bearish.
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CN HSBC Manufacturing PMI
Location: China
Date: 02/06/2014
Time: 02:45
Strength: 2/3
Previous: 48.1
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: 02/06/2014
Time: 02:00
Strength: 2/3
Previous: 50.4
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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JP Capital Spending
Location: Japan
Date: 02/06/2014
Time: 00:50
Strength: 2/3
Previous: 4%
Notes: Capital Spending released by the Ministry of Finance Japan measures change in the total value of capital expenditures by enterprises. It is considered as an early indicator of economic health in Japan. A high reading is seen as positive or bullish for the JPY, while a low reading is seen as negative or bearish.
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AU AiG Performance of Mfg Index
Location: Australia
Date: 02/06/2014
Time: 00:30
Strength: 2/3
Previous: 44.8
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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