Location: Canada
Date: 05/08/2014
Time: 13:15
Strength: 2/3
Previous: 198.2K
Notes: The Housing Starts released by the Canadian Mortgage and Housing Corporation captures how many new single-family homes or buildings were constructed. It shows the strength of the Canadian housing market, which can be considered as the economy as a whole due to Housing Starts' sensitivity to changes in the business cycle. A high reading is seen as positive (or bullish) for the CAD, while a low reading is seen as negative (or bearish).
#END
Tuesday, August 05, 2014
CA Housing Starts s.a (YoY)
EMU Retail Sales (YoY)
Location: European Monetary Union
Date: 05/08/2014
Time: 10:00
Strength: 2/3
Previous:
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
EMU Retail Sales (MoM)
Location: European Monetary Union
Date: 05/08/2014
Time: 10:00
Strength: 2/3
Previous:
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: 05/08/2014
Time: 09:30
Strength: 2/3
Previous:
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
EMU Markit Services PMI
Location: European Monetary Union
Date: 05/08/2014
Time: 09:00
Strength: 2/3
Previous:
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.
#END
EMU Markit PMI Composite
Location: European Monetary Union
Date: 05/08/2014
Time: 09:00
Strength: 2/3
Previous:
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).
#END
IT Markit Services PMI
Location: Italy
Date: 05/08/2014
Time: 08:45
Strength: 2/3
Previous:
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.
#END
AU RBA Interest Rate Decision
Location: Australia
Date: 05/08/2014
Time: 05:30
Strength: 3/3
Previous:
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
#END
AU RBA Rate Statement
Location: Australia
Date: 05/08/2014
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.
#END
CN HSBC China Services PMI
Location: China
Date: 05/08/2014
Time: 02:45
Strength: 2/3
Previous:
Notes: The HSBC China Services PMI��� is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy.
#END
AU Building Permits (YoY)
Location: Australia
Date: 05/08/2014
Time: 02:30
Strength: 2/3
Previous:
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
#END
AU Trade Balance
Location: Australia
Date: 05/08/2014
Time: 02:30
Strength: 2/3
Previous:
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
#END
AU House Price Index (QoQ)
Location: Australia
Date: 05/08/2014
Time: 02:30
Strength: 2/3
Previous: 1.7%
Notes: The House Price Index released by the Australian Bureau of Statistics shows changes in housing prices of major cities in Australia. The housing prices are considered as a key indicator for inflationary pressures. A high reading is seen as positive or ( Bullish ) for the AUD, while a low reading is seen as negative ( or Bearish ).
#END
Monday, August 04, 2014
EMU Producer Price Index (YoY)
Location: European Monetary Union
Date: 04/08/2014
Time: 10:00
Strength: 2/3
Previous:
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).
#END
EMU Producer Price Index (MoM)
Location: European Monetary Union
Date: 04/08/2014
Time: 10:00
Strength: 2/3
Previous:
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 ).
#END
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