UK Net Lending to Individuals (MoM)

Location: United Kingdom

Date: 29/09/2014

Time: 09:30

Strength: 2/3

Previous: ��3.4B

Notes: UK Net Lending to Individuals released by the Bank of England is a monthly measure of growth rates, amounts outstanding and changes in total lending to individuals, divided into lending secured on dwellings and consumer credit. It shows a picture of whether or not consumers are willing to spend money. A high reading is positive for the GBP, while a low reading is negative.

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UK Mortgage Approvals

Location: United Kingdom

Date: 29/09/2014

Time: 09:30

Strength: 2/3

Previous: 66.569K / Consensus: 65.000K

Notes: The Mortgage Approvals released by the Bank of England presents the number of various Mortgage Approvals. It is considered as a leading indicator of the U.K. Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall U.K. economy. Generally, 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 Consumer Credit

Location: United Kingdom

Date: 29/09/2014

Time: 09:30

Strength: 2/3

Previous: ��1.1B / Consensus: ��0.9B

Notes: The Consumer Credit released by the Bank of England is an amount of money that individuals borrowed in the previous month. It shows if consumers can afford large expenses, which can fuel economic growth. However, a high figure may also indicate that the economy is overheating, as consumers borrow in order to live beyond their means. A high reading is seen as positive for the GBP, whereas a low reading is seen as negative.

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JP Retail Trade s.a (MoM)

Location: Japan

Date: 29/09/2014

Time: 00:50

Strength: 2/3

Previous: -0.5%

Notes: The Retail Trade released by the Ministry of Economy, Trade and Industry captures the aggregate sales made through a business location (usually a store) in which the principal activity is the sale of merchandise and related services to the general public, for household or personal consumption. Consumer spending is a key important indicator for the Japanese economy. A high reading is positive for the JPY, while a low reading is negative.

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JP Industrial Production (YoY)

Location: Japan

Date: 29/09/2014

Time: 00:50

Strength: 2/3

Previous: -0.7%

Notes: The Industrial Production released by the Ministry of Economy, Trade and Industry measures outputs of the Japanese factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. A high reading is seen as bullish for the JPY, whereas a low reading is seen as bearish.

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JP Large Retailer's Sales

Location: Japan

Date: 29/09/2014

Time: 00:50

Strength: 2/3

Previous: -0.6%

Notes: The Large Retailers' Sales released by the Ministry of Economy, Trade and Industry captures the total value of goods sold in large stores, chain convenience stores, and supermarkets. It indicates the level of consumption and consumer confidence. A high level of Large Retailers´ Sales stimulates economic expansion while a low level drives to economic downturn. A high reading is positive for the JPY, while a low reading is bearish.

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JP Retail Trade (YoY)

Location: Japan

Date: 29/09/2014

Time: 00:50

Strength: 2/3

Previous: 0.5%

Notes: The Retail Trade released by the Ministry of Economy, Trade and Industry captures the aggregate sales made through a business location (usually a store) in which the principal activity is the sale of merchandise and related services to the general public, for household or personal consumption. Consumer spending is a key important indicator for the Japanese economy. A high reading is positive for the JPY, while a low reading is negative.

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JP National Consumer Price Index (YoY)

Location: Japan

Date: 29/09/2014

Time: 00:30

Strength: 3/3

Previous: 3.4%

Notes: The National Consumer Price Index is released by the Statistics Bureau and it's a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services. CPI is the most significant way to measure changes in purchasing trends. The purchase power of JPY is dragged down by inflation. Generally a high reading is seen as positive for the JPY.

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JP National CPI Ex-Fresh Food (YoY)

Location: Japan

Date: 29/09/2014

Time: 00:30

Strength: 2/3

Previous: 3.3%

Notes: The National Consumer Price Index is released by the Statistics Bureau and it's a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services excluding fresh food. CPI is the most significant way to measure changes in purchasing trends. The purchase power of JPY is dragged down by inflation. Generally a high reading is seen as positive for the JPY.

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JP Jobs/applicants ratio

Location: Japan

Date: 29/09/2014

Time: 00:30

Strength: 2/3

Previous: 1.1

Notes: The ratio released by the Japan Institute of Labour, is obtained by dividing monthly active job openings by monthly active applications.

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JP Overall Household Spending (YoY)

Location: Japan

Date: 29/09/2014

Time: 00:30

Strength: 2/3

Previous: -5.9%

Notes: The Overall Household Spending released by the Ministry of Internal Affairs and Communications is an indicator that measures the total expenditure by households. The level of spending can be used as an indicator of consumer optimism. It is also considered as a measure of economic growth. A high reading is positive (or Bullish) for the JPY, while a low reading is negative (or bearish).

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JP Unemployment Rate

Location: Japan

Date: 29/09/2014

Time: 00:30

Strength: 3/3

Previous: 3.8%

Notes: The Unemployment Rate which comes from the Ministry of Health, Labour and Welfare and it's published by the Japan Statistics Bureau, is a measure of the percentage of unemployed in Japan. A high percentage indicates weakness in the labor market which influences the strength and direction of the Japanese economy. Therefore, a low percentage should be taken as positive or bullish for the JPY.

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UK Gfk Consumer Confidence

Location: United Kingdom

Date: 29/09/2014

Time: 00:05

Strength: 2/3

Previous: 1

Notes: The GfK Group 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. Normally, a high reading is positive for the GBP, while a low reading is bearish.

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US Former Fed's Bernanke speech

Location: United States

Date: 29/09/2014

Time: 17:15

Strength: 2/3

Previous:

Notes: Ben Shalom Bernanke was born in 1953. He graduated from Harvard University and a Ph.D. in economics in 1979 from the Massachusetts Institute of Technology. In 2006 he became the Chairman of the Federal Reserve System, until February 2014.

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BERLIN (Reuters) - Germany could grow less in 2014 than the 1.8 percent forecast by the government early this year, Economy Minister Sigmar Gabriel said in an interview published on Sunday, although he added the country was still in good shape compared to euro zone peers.

Gabriel told Deutschlandfunk radio in an interview that the Russia/Ukraine crisis had hit the investment climate in Germany, affecting not only firms that had direct business with Russia but also the wider business mood.

"We could see growth this year lower than our forecast of 1.8 percent... but we still have very strong growth momentum and the labour market is robust," he said.

The government typically issues a revised annual growth forecast in autumn. Some economic institutes and analysts have already scaled back their growth forecasts for 2014.

The German economy steamed ahead at the start of the year thanks to an unusually mild winter which boosted construction activity. But it contracted by 0.2 percent in the second quarter, leading some to warn of the risk of recession.

The crisis in Ukraine and a faltering European economic recovery are seen as the main factors behind the weakness.