Thursday, June 26, 2014

NZ Trade Balance (MoM)

Location: New Zealand

Date: 26/06/2014

Time: 5 - F


Strength: 2/3

Previous: $534M

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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NZ Trade Balance (YoY)

Location: New Zealand

Date: 26/06/2014

Time: 5 - F


Strength: 2/3

Previous: $1.19B

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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US Kansas Fed manufacturing activity

Location: United States

Date: 26/06/2014

Time: 16:00


Strength: 2/3

Previous: 14

Notes: The Federal Reserve Bank of Kansas City quarterly Survey of Manufacturers provides information on current manufacturing activity in the Tenth District (Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico, and western Missouri). The accumulated results also help trace longer term trends. The survey monitors about 300 manufacturing plants selected according to geographic distribution, industry mix, and size. Survey results reveal changes in several indicators of manufacturing activity, including production and shipments, and identify changes in prices of raw materials and finished products.The survey is conducted during the first month of each quarter.A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

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US Continuing Jobless Claims

Location: United States

Date: 26/06/2014

Time: 13:30


Strength: 2/3

Previous: 2.561M

Notes: The Continuing Jobless Claims released by the US Department of Labor measure the number of individuals who are unemployed and are currently receiving unemployment benefits. It presents the strength in the labor market. A rise in this indicator has negative implications for consumer spending which discourage economic growth. Generally speaking, a high reading is seen as negative, or bearish for the USD, while a low reading is seen as positive, or bullish.

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US Initial Jobless Claims

Location: United States

Date: 26/06/2014

Time: 13:30


Strength: 2/3

Previous: 312K

Notes: The Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy. Generally speaking, a decreasing number should be taken as positive or bullish for the USD.

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US Personal Spending

Location: United States

Date: 26/06/2014

Time: 13:30


Strength: 2/3

Previous: -0.1%

Notes: Personal spending, released by Bureau of Economic Analysis, Department of Commerce, measures purchases of goods and services by households and by nonprofit institutions that serve households from private business.

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US Personal Income (MoM)

Location: United States

Date: 26/06/2014

Time: 13:30


Strength: 2/3

Previous: 0.3%

Notes: The Personal Income released by the Bureau of Economic Analysis, Department of Commerce measures the total income received by individuals, from all sources including wages and salaries, interest, dividends, rent, workers' compensation, proprietors' earnings, and transfer payments. This figure can provide insight on the US employment situation. A high reading is positive for the USD, whereas a low reading is negative.

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UK BOE's Governor Carney speech

Location: United Kingdom

Date: 26/06/2014

Time: 10:30


Strength: 3/3

Previous:

Notes: Mark Carney is Governor of the Bank of England and Chairman of the Monetary Policy Committee, Financial Policy Committee and the Board of the Prudential Regulation Authority. His appointment as Governor was approved by Her Majesty the Queen on 26 November 2012. The Governor joined the Bank on 1 July 2013.

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UK Gross Domestic Product (QoQ)

Location: United Kingdom

Date: 26/06/2014

Time: 09:30


Strength: 3/3

Previous: 0.7%

Notes: The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).

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UK Total Business Investment (YoY)

Location: United Kingdom

Date: 26/06/2014

Time: 09:30


Strength: 2/3

Previous: 8.7%

Notes: The Total Business Investment released by the National Statistics presents the total amount of capital expenditures made by private firms. A large business investment is indicative of overall growth and demand in the UK economy. Generally speaking, 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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UK Gross Domestic Product (YoY)

Location: United Kingdom

Date: 26/06/2014

Time: 09:30


Strength: 3/3

Previous: 2.7%

Notes: The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).

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Wednesday, June 25, 2014

EMU European Council meeting

Location: European Monetary Union

Date: 25/06/2014

Time: 01:00


Strength: 2/3

Previous:

Notes: European Council meetings are chaired by Herman Van Rompuy, President of the European Council. They take place in Brussels, in the Justus Lipsius building with the assistance of the General Secretariat of the Council. The meeting will involve the Heads of State and Government of member states.

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US Markit Services PMI

Location: United States

Date: 25/06/2014

Time: 14:45


Strength: 2/3

Previous: 58.1

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 Personal Consumption Expenditures Prices (QoQ)

Location: United States

Date: 25/06/2014

Time: 13:30


Strength: 2/3

Previous: 1.4% / Consensus: 1.4%

Notes: Personal Consumption Expenditures, released by US Department of Commerce, measures price changes in consumer goods and services. Personal consumption expenditures consist of the actual and imputed expenditures of households; the measure includes data pertaining to durables, non-durables and services. It is essentially a measure of goods and services targeted toward individuals and consumed by individuals.

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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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