Location: European Monetary Union
Date: 04/06/2014
Time: 09:00
Strength: 2/3
Previous: 54
Notes: The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on surveys of over 300 business executives in private sector manufacturing companies and also 300 private sector services companies. Data is usually released on the third working day of each month. Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month. From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).
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Wednesday, June 04, 2014
EMU Markit PMI Composite
IT Markit Services PMI
Location: Italy
Date: 04/06/2014
Time: 08:45
Strength: 2/3
Previous: 51.1
Notes: The Services PMI released by the Markit Economics is an indicator of the economic situation in Italian services sector. It captures an overview of the condition of sales and employment. Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually a result above 50 is bullish for the Euro, whereas a result below 50 is seen as bearish.
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AU Gross Domestic Product (QoQ)
Location: Australia
Date: 04/06/2014
Time: 02:30
Strength: 2/3
Previous: 0.8%
Notes: The Gross Domestic Product released by the Australian Bureau of Statistics is a measure of the total value of all goods and services produced by Australia. The GDP is considered as a broad measure of Swiss economic activity and health. A rising trend has a positive effect on the AUD, while a falling trend is seen as negative ( or bearish ) for the AUD.
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AU Retail Sales s.a. (MoM)
Location: Australia
Date: 04/06/2014
Time: 02:30
Strength: 2/3
Previous: 0.1%
Notes: The Retail Sales released by the Australian Bureau of Statistics is a survey of goods sold by retailers is based on a sampling of retail stores of different types and sizes and it's considered as an indicator of the pace of the Australian economy. It shows the
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AU Building Permits (YoY)
Location: Australia
Date: 04/06/2014
Time: 02:30
Strength: 2/3
Previous: 20%
Notes: The Building Permits released by the Australian Bureau of Statistics shows the number of permits for new construction projects. It implies the movement of corporate investments (the Australian economic development). It tends to cause some
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AU Gross Domestic Product (YoY)
Location: Australia
Date: 04/06/2014
Time: 02:30
Strength: 3/3
Previous: 2.8%
Notes: The Gross Domestic Product released by the Australian Bureau of Statistics is a measure of the total value of all goods and services produced by Australia. The GDP is considered as a broad measure of Swiss economic activity and health. A rising trend has a positive effect on the AUD, while a falling trend is seen as negative ( or bearish ) for the AUD.
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AU Trade Balance
Location: Australia
Date: 04/06/2014
Time: 02:30
Strength: 2/3
Previous: 731M
Notes: The trade balance released by the Australian Bureau of Statistics is the difference in the value of its imports and exports of Australian goods. Export data can give an important reflection of Australian growth, while imports provide an indication of domestic demand. Trade Balance gives an early indication of the net export performance. If a steady demand in exchange for Australian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the AUD.Review Alex Nekritin's Article - Trading the Aussie with Australia Trade Balance
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Tuesday, June 03, 2014
US Factory Orders (MoM)
Location: United States
Date: 03/06/2014
Time: 15:00
Strength: 2/3
Previous: 1.1%
Notes: The Factory orders released by the US Census Bureau is a measure of the total orders of durable and non durable goods such as shipments (sales), inventories and orders at the manufacturing level which can offer insight into inflation and growth in the manufacturing sector. Normally, 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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EMU Consumer Price Index - Core (YoY)
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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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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