Thursday, June 05, 2014

DE Factory Orders s.a. (MoM)

Location: Germany

Date: 05/06/2014

Time: 07:00


Strength: 2/3

Previous: -2.8%

Notes: The Factory orders released by Deutsche Bundesbank is an indicator that includes shipments, inventories, and new and unfilled orders. An increase in the factory order total may indicate an expansion in the German economy and could be an inflationary factor. It is worth noting that the German Factory barely influences, either positively or negatively, the total Eurozone GDP. A high reading is positive (or bullish) for the EUR, while a low reading is negative.

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DE Factory Orders n.s.a. (YoY)

Location: Germany

Date: 05/06/2014

Time: 07:00


Strength: 2/3

Previous: 1.5%

Notes: The Factory orders released by the Deutsche Bundesbank is an indicator that includes shipments, inventories, and new and unfilled orders. An increase in the factory order total may indicate an expansion in the German economy and could be an inflationary factor. It is worth noting that the German Factory barely influences, either positively or negatively, the total Eurozone GDP. A high reading is positive (or bullish) for the EUR, while a low reading is negative.

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Wednesday, June 04, 2014

AU AiG Performance of Construction Index

Location: Australia

Date: 04/06/2014

Time: 00:30


Strength: 2/3

Previous: 45.9

Notes: Based on 120 interviews to companies, the HIA/AiG Performance of Construction Index, released by the Australia Industry Group and the Housing Industry Association, is considered as an indicator that measures the conditions on the short and medium term in the construction market. Companies answer questions related to production, employment, prices supplier deliveries, inventories and new orders. A high reading is seen as positive, or bullish for the AUD, while a low reading is seen as negative, or bearish.

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US Fed's Beige Book

Location: United States

Date: 04/06/2014

Time: 19:00


Strength: 2/3

Previous:

Notes: The Beige Book reports on the current US economic situation. Through interviews with key business contacts, economists, market experts, and other sources are gathered by each of the 12 Federal Reserve Districts. The survey gives a picture of the overall US economic growth. An optimistic view of those authorities is considered as positive, or bullish for the USD, whereas a pessimistic view is considered as negative, or bearish for the Dollar.

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US ISM Non-Manufacturing PMI

Location: United States

Date: 04/06/2014

Time: 15:00


Strength: 2/3

Previous: 55.2

Notes: The ISM Non-Manufacturing Index released by the Institute for Supply Management (ISM) shows business conditions in the US non-manufacturing sector. It is worth noting that the non-manufacturing sector does not influence, either positively or negatively, the GDP as much as the ISM Manufacturing does. A result above 50 is positive (or bullish) for the USD.

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US Markit Services PMI

Location: United States

Date: 04/06/2014

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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CA BOC Rate Statement

Location: Canada

Date: 04/06/2014

Time: 14:00


Strength: 3/3

Previous:

Notes: This statement is the primary medium used by the Bank of Canada (BoC) to communicate with investors about monetary policy decisions, specifically those regarding interest rates.

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CA BoC Interest Rate Decision

Location: Canada

Date: 04/06/2014

Time: 14:00


Strength: 3/3

Previous:

Notes: BoC Interest Rate Decision is announced by the Bank of Canada. If the BoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CAD. Likewise, if the BoC has a dovish view on the Canadian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

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US Trade Balance

Location: United States

Date: 04/06/2014

Time: 13:30


Strength: 2/3

Previous: -$40.38B

Notes: The Trade Balance released by the Bureau of Economic Analysis and the U.S. Census Bureau is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some

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US ADP Employment Change

Location: United States

Date: 04/06/2014

Time: 13:15


Strength: 2/3

Previous: 220K

Notes: The Employment Change released by the Automatic Data Processing, Inc is a measure of the change in the number of employed people in the US. Generally speaking, a rise in this indicator has positive implications for consumer spending, stimulating economic growth. So a high reading is traditionally seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.

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EMU Gross Domestic Product s.a. (QoQ)

Location: European Monetary Union

Date: 04/06/2014

Time: 10:00


Strength: 2/3

Previous: 0.2%

Notes: The Gross Domestic Product released by the Eurostat is a measure of the total value of all goods and services produced by the Eurozone. The GDP is considered as a broad measure of the Eurozone economic activity and health. Usually, a rising trend has a positive effect on the EUR, while a falling trend is seen as negative (or bearish ).

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EMU Producer Price Index (YoY)

Location: European Monetary Union

Date: 04/06/2014

Time: 10:00


Strength: 2/3

Previous: -1.6%

Notes: The Producer Price Index (PPI) released by the Eurostat is an index that measures the change in prices received by domestic producers of commodities in all stages of processing (crude materials, intermediate materials, and finished goods). Generally, a high reading is seen positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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EMU Gross Domestic Product s.a. (YoY)

Location: European Monetary Union

Date: 04/06/2014

Time: 10:00


Strength: 3/3

Previous: 0.5%

Notes: The Gross Domestic Product released by the Eurostat is a measure of the total value of all goods and services produced by the Eurozone. The GDP is considered as a broad measure of the Eurozone economic activity and health. Usually, a rising trend has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

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UK Markit Services PMI

Location: United Kingdom

Date: 04/06/2014

Time: 09:30


Strength: 2/3

Previous: 58.7

Notes: The PMI service released by both the Chartered Institute of Purchasing & Supply and the Markit Economics is an indicator of the economic situation in the UK services sector. It captures an overview of the condition of sales and employment. It is worth noting that the UK service sector does not influence, either positively or negatively, the GDP as much as the Manufacturing PMI does. Traders want the highest possible reading as that will be taken as positive for the GBP. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

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EMU Markit Services PMI

Location: European Monetary Union

Date: 04/06/2014

Time: 09:00


Strength: 2/3

Previous: 53.1

Notes: The PMI service released by the Markit Economics is an indicator of the economic situation in the Euro Zone services sector. It captures an overview of the condition of sales and employment. It is worth noting that the European service sector does not influence, either positively or negatively, the GDP as much as the Services PMI does. Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually a result above 50 is bullish for the EUR, whereas a result below 50 is seen as bearish.

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