Wednesday, September 17, 2014

US MBA Mortgage Applications

Location: United States

Date: 17/09/2014

Time: 12:00


Strength: 2/3

Previous: -7.2%

Notes: The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, 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 MBA Mortgage Applications

Location: United States

Date: 17/09/2014

Time: 12:00


Strength: 2/3

Previous: -7.2%

Notes: The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, 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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UK Bank of England Minutes

Location: United Kingdom

Date: 17/09/2014

Time: 10:30


Strength: 3/3

Previous:

Notes: The minutes of the BoE MPC meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. Generally speaking, if the BoE is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the GBP.

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EMU Consumer Price Index - Core (YoY)

Location: European Monetary Union

Date: 17/09/2014

Time: 10:00


Strength: 3/3

Previous: 0.8% / Consensus: 0.9%

Notes: The core Consumer Price Index released by Eurostat is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services excluding the volatile components like food, energy, alcohol and tobacco. The core CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is seen as positive or bullish for the EUR, while a low reading is seen as negative.

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EMU Consumer Price Index (YoY)

Location: European Monetary Union

Date: 17/09/2014

Time: 10:00


Strength: 3/3

Previous: 0.4% / Consensus: 0.3%

Notes: The Euro Zone CPI released by the Eurostat captures the changes in the price of goods and services. The CPI is a significant way to measure changes in purchasing trends and inflation in the Euro Zone. Generally, a high reading anticipates a hawkish attitude which will be positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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EMU Consumer Price Index (YoY)

Location: European Monetary Union

Date: 17/09/2014

Time: 10:00


Strength: 3/3

Previous: 0.4% / Consensus: 0.3%

Notes: The Euro Zone CPI released by the Eurostat captures the changes in the price of goods and services. The CPI is a significant way to measure changes in purchasing trends and inflation in the Euro Zone. Generally, a high reading anticipates a hawkish attitude which will be positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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EMU Consumer Price Index - Core (YoY)

Location: European Monetary Union

Date: 17/09/2014

Time: 10:00


Strength: 3/3

Previous: 0.8% / Consensus: 0.9%

Notes: The core Consumer Price Index released by Eurostat is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services excluding the volatile components like food, energy, alcohol and tobacco. The core CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is seen as positive or bullish for the EUR, while a low reading is seen as negative.

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EMU Consumer Price Index (MoM)

Location: European Monetary Union

Date: 17/09/2014

Time: 10:00


Strength: 2/3

Previous: -0.7% / Consensus: 0.1%

Notes: The Euro Zone CPI released by the Eurostat captures the changes in the price of goods and services. The CPI is a significant way to measure changes in purchasing trends and inflation in the Euro Zone. Generally, a high reading anticipates a hawkish attitude which will be positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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EMU Consumer Price Index (MoM)

Location: European Monetary Union

Date: 17/09/2014

Time: 10:00


Strength: 2/3

Previous: -0.7% / Consensus: 0.1%

Notes: The Euro Zone CPI released by the Eurostat captures the changes in the price of goods and services. The CPI is a significant way to measure changes in purchasing trends and inflation in the Euro Zone. Generally, a high reading anticipates a hawkish attitude which will be positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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UK Average Earnings excluding Bonus (3Mo/Yr)

Location: United Kingdom

Date: 17/09/2014

Time: 09:30


Strength: 2/3

Previous: 0.6% / Consensus: 0.7%

Notes: The Average Earing Excluding Bonus released by the National Statistics is a key short-term indicator of how levels of pay are changing within the UK economy. It can be seen as a measure of growth in "basic pay". Generally speaking, the positive earnings growth anticipates positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).

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UK BOE MPC Vote Hike

Location: United Kingdom

Date: 17/09/2014

Time: 09:30


Strength: 3/3

Previous: 2

Notes: Interest rates are set by the Bankâ s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members â the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

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UK BOE MPC Vote Unchanged

Location: United Kingdom

Date: 17/09/2014

Time: 09:30


Strength: 3/3

Previous: 7

Notes: Interest rates are set by the Bankâ s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members â the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

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UK Claimant Count Rate

Location: United Kingdom

Date: 17/09/2014

Time: 09:30


Strength: 2/3

Previous: 3%

Notes: The Claimant Count Rate released by the National Statistics is a monthly measure of unemployment in the UK It indicates the health of the UK labor market. If the rate is up, it indicates a lack of expansion within the UK labor market, while it indicates economic expansion and could spark inflationary pressures if the rate is down. Generally, a decrease of the figure is seen as positive (or bullish) for the GBP, while an increase is seen as negative.

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UK BOE MPC Vote Hike

Location: United Kingdom

Date: 17/09/2014

Time: 09:30


Strength: 3/3

Previous: 2

Notes: Interest rates are set by the Bank���s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members ��� the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

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UK ILO Unemployment Rate (3M)

Location: United Kingdom

Date: 17/09/2014

Time: 09:30


Strength: 2/3

Previous: 6.4% / Consensus: 6.3%

Notes: The ILO Unemployment Rate released by the National Statistics is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the UK Economy. If the rate is up, it indicates a lack of expansion within the U.K. labor market. As a result, a rise leads to weaken the U.K. economy. Generally, a decrease of the figure is positive (or bullish) for the GBP, while an increase is negative.

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