Location: European Monetary Union
Date: 03/10/2014
Time: 10:00
Strength: 2/3
Previous: 0.8%
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
Friday, October 03, 2014
EMU Retail Sales (YoY)
US Factory Orders (MoM)
Location: United States
Date: 03/10/2014
Time: 15:00
Strength: 2/3
Previous: 10.5%
Notes: The Factory orders released by the US Census Bureau is a measure of the total orders of durable and non durable goods such as shipments (sales), inventories and orders at the manufacturing level which can offer insight into inflation and growth in the manufacturing sector. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
#END
UK Markit Services PMI
Location: United Kingdom
Date: 03/10/2014
Time: 09:30
Strength: 2/3
Previous: 60.5
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
UK Markit Services PMI
Location: United Kingdom
Date: 03/10/2014
Time: 09:30
Strength: 2/3
Previous: 60.5
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
US Initial Jobless Claims
Location: United States
Date: 03/10/2014
Time: 13:30
Strength: 2/3
Previous: 293K
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.
#END
US Continuing Jobless Claims
Location: United States
Date: 03/10/2014
Time: 13:30
Strength: 2/3
Previous: 2.439M
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.
#END
CN Non-manufacturing PMI
Location: China
Date: 03/10/2014
Time: 02:00
Strength: 2/3
Previous: 54.4
Notes: The official non-manufacturing PMI, released by China Federation of Logistics and Purchasing (CFLP), is based on a survey of about 1,200 companies covering 27 industries including construction, transport and telecommunications. It's the level of a diffusion index based on surveyed purchasing managers in the services industry and if it's above 50.0 indicates industry expansion, below indicates contraction.
#END
JP Markit Services PMI
Location: Japan
Date: 03/10/2014
Time: 02:35
Strength: 2/3
Previous: 49.9
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 JPY. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.
#END
EMU ECB Interest Rate Decision
Location: European Monetary Union
Date: 03/10/2014
Time: 12:45
Strength: 3/3
Previous: 0.05%
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
US Factory Orders (MoM)
Location: United States
Date: 03/10/2014
Time: 15:00
Strength: 2/3
Previous: 10.5%
Notes: The Factory orders released by the US Census Bureau is a measure of the total orders of durable and non durable goods such as shipments (sales), inventories and orders at the manufacturing level which can offer insight into inflation and growth in the manufacturing sector. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
#END
CN Non-manufacturing PMI
Location: China
Date: 03/10/2014
Time: 02:00
Strength: 2/3
Previous: 54.4
Notes: The official non-manufacturing PMI, released by China Federation of Logistics and Purchasing (CFLP), is based on a survey of about 1,200 companies covering 27 industries including construction, transport and telecommunications. It's the level of a diffusion index based on surveyed purchasing managers in the services industry and if it's above 50.0 indicates industry expansion, below indicates contraction.
#END
AU AiG Performance of Services Index
Location: Australia
Date: 03/10/2014
Time: 00:30
Strength: 2/3
Previous: 49.4
Notes: AiG Performance of Services Index released by the Australian Industry Group presents business conditions in the Australian service sector. The group surveys 200 manufacturers on their assessment of the business situation including employment, production, orders, prices, and inventories, and their short-term planning. A result above 50 is seen as positive (or bullish) for the AUD, whereas a result below 50 is seen as negative (or bearish).
#END
Thursday, October 02, 2014
EMU ECB Interest Rate Decision
Location: European Monetary Union
Date: 02/10/2014
Time: 12:45
Strength: 3/3
Previous: 0.05%
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
UK PMI Construction
Location: United Kingdom
Date: 02/10/2014
Time: 09:30
Strength: 2/3
Previous: 64
Notes: The PMI Construction released by the Chartered Institute of Purchasing & Supply and Markit Economics shows business conditions in the UK construction sector. It is worth noting that the construction sector does not influence, either positively or negatively, the GDP as much as the Manufacturing sector does A result that values above 50 signals appreciates (or is bullish for ) the GBP, whereas a result that values below 50 is seen as negative (or bearish).
#END
UK PMI Construction
Location: United Kingdom
Date: 02/10/2014
Time: 09:30
Strength: 2/3
Previous: 64
Notes: The PMI Construction released by the Chartered Institute of Purchasing & Supply and Markit Economics shows business conditions in the UK construction sector. It is worth noting that the construction sector does not influence, either positively or negatively, the GDP as much as the Manufacturing sector does A result that values above 50 signals appreciates (or is bullish for ) the GBP, whereas a result that values below 50 is seen as negative (or bearish).
#END
Subscribe to:
Posts (Atom)