Location: United States
Date: 03/10/2014
Time: 13:30
Strength: 3/3
Previous: 142K
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).
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Friday, October 03, 2014
US Nonfarm Payrolls
US Trade Balance
Location: United States
Date: 03/10/2014
Time: 13:30
Strength: 2/3
Previous: -$40.55B
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
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US Average Hourly Earnings (MoM)
Location: United States
Date: 03/10/2014
Time: 13:30
Strength: 2/3
Previous: 0.2%
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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DE Markit Services PMI
Location: Germany
Date: 03/10/2014
Time: 08:55
Strength: 2/3
Previous: 54.9 / Consensus: 55.4
Notes: The Services PMI released by Markit Economics interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction.
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EMU Retail Sales (YoY)
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.
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EMU Retail Sales (YoY)
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.
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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).
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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.
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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.
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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.
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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.
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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.
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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.
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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
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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).
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