Wednesday, June 25, 2014

US Gross Domestic Product Annualized

Location: United States

Date: 25/06/2014

Time: 13:30


Strength: 3/3

Previous: 2.6%

Notes: The Gross Domestic Product Annualized released by the US Bureau of Economic Analysis shows the monetary value of all the goods, services and structures produced within a country in a given period of time. GDP Annualized is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Generally speaking, a high reading or a better than expected number is seen as positive for the USD, while a low reading is negative.

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US Gross Domestic Product Price Index

Location: United States

Date: 25/06/2014

Time: 13:30


Strength: 2/3

Previous: 1.6%

Notes: The GDP Price Index released by the Bureau of Economic Analysis, Department of Commerce gauges the change in the prices of goods and services. Changes in the GDP price index are followed as an indicator of inflationary pressure that may anticipate interest rates to rise. 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 Durable Goods Orders ex Transportation

Location: United States

Date: 25/06/2014

Time: 13:30


Strength: 2/3

Previous: 0.1%

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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US Core Personal Consumption Expenditures (QoQ)

Location: United States

Date: 25/06/2014

Time: 13:30


Strength: 2/3

Previous: 1.2% / Consensus: 1.2%

Notes: The Real Personal Consumption Expenditure released by the Bureau of Economic Analysis, Department of Commerce is an average of the amount of money the consumers spend in a month on durable goods, consumer products, and services.. It is considered as an important indicator of inflation. Generally speaking, a high reading is bullish for the USD, while a low reading is bearish.

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US Durable Goods Orders

Location: United States

Date: 25/06/2014

Time: 13:30


Strength: 2/3

Previous: 0.8%

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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UK Financial Stability Report

Location: United Kingdom

Date: 25/06/2014

Time: 10:30


Strength: 2/3

Previous:

Notes: The Financial Stability Report, published twice a year by the Bank of England under the guidance of the interim Financial Policy Committee, shows the Committee's assessment of the outlook for the stability and resilience of the financial sector at the time of preparation of the Report, and the policy actions it advises to reduce and mitigate risks to stability. Usually, if the BoE is hawkish about the financial outlook, it is positive, or bullish, for the GBP. Likewise, if the BoE has a dovish view on the UK economy and is concern about the financial stability it is seen as negative, or bearish.

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DE Gfk Consumer Confidence Survey

Location: Germany

Date: 25/06/2014

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, June 24, 2014

US Richmond Fed Manufacturing Index

Location: United States

Date: 24/06/2014

Time: 15:00


Strength: 2/3

Previous: 7

Notes: The survey including information on shipments, new orders, order backlogs, and inventories conducted by Federal Reserve Bank of Richmond provides information on current activity in the manufacturing sector (mailing 220 business organizations). The industry inflation can been seen from the survey. Generally speaking, a high reading appreciates (or is bullish for) the USD, whereas a low reading is seen as negative (or bearish for) the USD.

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US New Home Sales Change (MoM)

Location: United States

Date: 24/06/2014

Time: 15:00


Strength: 2/3

Previous: 6.4%

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.

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US Treasury Sec Lew Speech

Location: United States

Date: 24/06/2014

Time: 15:00


Strength: 2/3

Previous:

Notes: Jacob Lew is the US Secretary of the Treasury, and among other matters, his faculties include communicating the US President's economic policies. Therefore, his words may affect the forex market, as investors attempt to gauge the Presidential stance on key economic issues. His speech impact is proportionally related to the subject under discussion, and only those particularly relevant for the FX markets are being shown in this calendar.

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US Consumer Confidence

Location: United States

Date: 24/06/2014

Time: 15:00


Strength: 2/3

Previous: 83

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 New Home Sales (MoM)

Location: United States

Date: 24/06/2014

Time: 15:00


Strength: 2/3

Previous: 0.433M / Consensus: 0.450M

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.

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US Markit Manufacturing PMI

Location: United States

Date: 24/06/2014

Time: 14:45


Strength: 2/3

Previous:

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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UK Inflation Report Hearings

Location: United Kingdom

Date: 24/06/2014

Time: 09:30


Strength: 3/3

Previous:

Notes: The Treasury Committee is appointed by the House of Commons to examine the expenditure, administration and policy of HM Treasury, HM Revenue & Customs, and associated public bodies, including the Bank of England and the Financial Services Authority.

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UK BBA Mortgage Approvals

Location: United Kingdom

Date: 24/06/2014

Time: 09:30


Strength: 2/3

Previous: 42.2K

Notes: The Mortgage Approvals published by the British Bankers' Association (BBA) measure the number of home loans issued by the BBA during the previous quarter. It is considered as a leading indicator of the UK Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall UK economy. Normally, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish)

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