Location: United States
Date: 03/07/2014
Time: 15:00
Strength: 2/3
Previous: 56.3
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.
#END
Thursday, July 03, 2014
US ISM Non-Manufacturing PMI
US Markit PMI Composite
Location: United States
Date: 03/07/2014
Time: 14:45
Strength: 2/3
Previous: 58.6
Notes: The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and 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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US Markit Services PMI
Location: United States
Date: 03/07/2014
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 Initial Jobless Claims
Location: United States
Date: 03/07/2014
Time: 13:30
Strength: 2/3
Previous:
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 Continuing Jobless Claims
Location: United States
Date: 03/07/2014
Time: 13:30
Strength: 2/3
Previous:
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 Average Hourly Earnings (YoY)
Location: United States
Date: 03/07/2014
Time: 13:30
Strength: 2/3
Previous:
Notes: The Average Hourly Earning released by the US Department of Labor is a significant indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to when setting interest rates. A high reading is also positive for the USD, while a low reading is negative.
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US Unemployment Rate
Location: United States
Date: 03/07/2014
Time: 13:30
Strength: 3/3
Previous:
Notes: The Unemployment Rate released by the US Department of Labor is the number of unemployed workers divided by the total civilian labor force. If the rate is up, it indicates a lack of expansion within the US economy. Therefore, a decrease of the figure is seen as positive (or bullish) for the USD, while an increase is seen as negative (or bearish).
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US Trade Balance
Location: United States
Date: 03/07/2014
Time: 13:30
Strength: 2/3
Previous: -$47.24B
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
#END
US Average Hourly Earnings (MoM)
Location: United States
Date: 03/07/2014
Time: 13:30
Strength: 2/3
Previous:
Notes: The Average Hourly Earning released by the US Department of Labor is a significant indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to when setting interest rates. A high reading is also positive for the USD, while a low reading is negative.
#END
US Nonfarm Payrolls
Location: United States
Date: 03/07/2014
Time: 13:30
Strength: 3/3
Previous:
Notes: The nonfarm payrolls released by the US Department of Labor presents the number of people on the payrolls of all non-agricultural businesses. The monthly changes in payrolls can be excessively volatile. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
#END
US Labor Force Participation Rate
Location: United States
Date: 03/07/2014
Time: 13:00
Strength: 2/3
Previous: 62.8%
Notes: The participation rate, released by Bureau of Labor Statistics, is the percentage of the total number of people of labour-force age that is in the labour force (either working or looking for a job).
#END
EMU ECB Interest Rate Decision
Location: European Monetary Union
Date: 03/07/2014
Time: 12:45
Strength: 3/3
Previous:
Notes: ECB Interest Rate Decision is announced by the European central Bank. Usually, if the ECB is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the EUR. Likewise, if the ECB has a dovish view on the European 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 the Euro with the ECB Rate Decision
#END
EMU Retail Sales (YoY)
Location: European Monetary Union
Date: 03/07/2014
Time: 10:00
Strength: 2/3
Previous: 2.4%
Notes: The Retail Sales released by the Eurostat is a measure of changes in sales of the Euro zone retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales. The changes are widely followed as an indicator of consumer spending. Usually, the positive economic growth anticipates "Bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR.
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EMU Retail Sales (MoM)
Location: European Monetary Union
Date: 03/07/2014
Time: 10:00
Strength: 2/3
Previous: 0.4%
Notes: The Retail Sales released by the Eurostat is a measure of changes in sales of the Euro zone retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales. The changes are widely followed as an indicator of consumer spending. Usually, the positive economic growth anticipates "Bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR.
#END
UK Markit Services PMI
Location: United Kingdom
Date: 03/07/2014
Time: 09:30
Strength: 2/3
Previous: 58.6
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.
#END
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