Tuesday, October 14, 2014

JP Industrial Production (YoY)

Location: Japan

Date: 14/10/2014

Time: 05:30


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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Monday, October 13, 2014

UK Claimant Count Rate

Location: United Kingdom

Date: 13/10/2014

Time: 09:30


Strength: 2/3

Previous: 2.9%

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 Claimant Count Change

Location: United Kingdom

Date: 13/10/2014

Time: 09:30


Strength: 2/3

Previous: -37.2K

Notes: The Claimant Count Change released by the National Statistics presents the number of unemployment people in the UK. There is a tendency to influence the GBP

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UK Average Earnings excluding Bonus (3Mo/Yr)

Location: United Kingdom

Date: 13/10/2014

Time: 09:30


Strength: 2/3

Previous: 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 Average Earnings including Bonus (3Mo/Yr)

Location: United Kingdom

Date: 13/10/2014

Time: 09:30


Strength: 2/3

Previous: 0.6%

Notes: The Average Earing Including Bonus released by the National Statistics is a key short-term indicator of how levels of pay are changing within the U.K. economy. Generally speaking, the positive earnings growth anticipates "Bullish" for the GBP, whereas a low reading is seen

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UK ILO Unemployment Rate (3M)

Location: United Kingdom

Date: 13/10/2014

Time: 09:30


Strength: 2/3

Previous: 6.2%

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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Sunday, October 12, 2014

Highlights the issue that power lies with banks and managers with the FCA but in Cyprus it is with the OTC brokers. Ever stricter EU compliance is just going to steer more firms to Cyprus. 

LeapRate Exclusive – Plus500 to get CySEC CIF license as a Market Maker in CFDs

Plus500 was advised by Limassol-based regulatory consultant MAP S.Platis in obtaining its CySEC license.


It hasn't been formally announced yet, but we understand that retail forex and CFD broker Plus500 (LON:PLUS) is about to be awarded a CFD market maker license by Cyprus' financial regulator CySEC.

Plus500 is already regulated by the FCA in the United Kingdom and by ASIC in Australia.

So why the CySEC license?

Well, Plus500 won't be able to do any more than they already do (across the EEA) with their existing FCA license, thanks to MiFID. But having CFD trading clients register with their new Cyprus subsidiary instead of their UK subsidiary will make things a lot less expensive for Plus500, with lower variable capital requirements and less expensive overall reporting costs.

The FCA has also become an issue lately for Plus500. Last month Plus500 shares took a dive after reports surfaced that the FCA was investigating Plus500 regarding customer signup procedures.

Plus500 was advised by Limassol-based regulatory consultant MAP S.Platis in obtaining its CySEC license. MAP S.Platis has worked on about 85 successful CIF licenses for clients which have included Saxo Bank, Alpari, iForex, ForexClub, EXNESS, and AvaTrade.

Friday, October 10, 2014

US Monthly Budget Statement

Location: United States

Date: 10/10/2014

Time: 19:00


Strength: 2/3

Previous: -$129B

Notes: The Monthly Budget Statement released by the Financial Management Service summarizes the financial activities of federal entities, disbursing officers, and Federal Reserve banks. A positive budget statement that receipts exceed budgetary outlays is seen as bullish for the USD. On the other hands, a negative figure (deficit) that indicates government debt is seen as bearish.

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US Monthly Budget Statement

Location: United States

Date: 10/10/2014

Time: 19:00


Strength: 2/3

Previous: -$129B

Notes: The Monthly Budget Statement released by the Financial Management Service summarizes the financial activities of federal entities, disbursing officers, and Federal Reserve banks. A positive budget statement that receipts exceed budgetary outlays is seen as bullish for the USD. On the other hands, a negative figure (deficit) that indicates government debt is seen as bearish.

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CA Bank of Canada Business Outlook Survey

Location: Canada

Date: 10/10/2014

Time: 15:30


Strength: 2/3

Previous:

Notes: The Business Outlook Survey released by the Bank of Canada shows the business outlook in Canada. The Business Confidence allows analysis of economic situation in the short term interviewing with 100 business executives. An optimistic view of those executives is considered as positive, or bullish for the CAD, whereas a pessimistic view is considered as negative, or bearish.

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CA Bank of Canada Business Outlook Survey

Location: Canada

Date: 10/10/2014

Time: 15:30


Strength: 2/3

Previous:

Notes: The Business Outlook Survey released by the Bank of Canada shows the business outlook in Canada. The Business Confidence allows analysis of economic situation in the short term interviewing with 100 business executives. An optimistic view of those executives is considered as positive, or bullish for the CAD, whereas a pessimistic view is considered as negative, or bearish.

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CA Ivey Purchasing Managers Index s.a

Location: Canada

Date: 10/10/2014

Time: 15:00


Strength: 2/3

Previous: 50.9

Notes: The Ivey PMI released by the Richard Ivey School of Business captures business conditions in Canada. The Ivey PMI is an important indicator of business conditions and the overall economic condition in Canada. A result above 50 signals is seen positive, or bullish for the CAD, whereas a result below 50 is seen as negative, or bearish.

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CA Ivey Purchasing Managers Index s.a

Location: Canada

Date: 10/10/2014

Time: 15:00


Strength: 2/3

Previous: 50.9

Notes: The Ivey PMI released by the Richard Ivey School of Business captures business conditions in Canada. The Ivey PMI is an important indicator of business conditions and the overall economic condition in Canada. A result above 50 signals is seen positive, or bullish for the CAD, whereas a result below 50 is seen as negative, or bearish.

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CA Ivey Purchasing Managers Index

Location: Canada

Date: 10/10/2014

Time: 15:00


Strength: 2/3

Previous: 49.1

Notes: The Ivey PMI released by the Richard Ivey School of Business captures business conditions in Canada. The Ivey PMI is an important indicator of business conditions and the overall economic condition in Canada. A result above 50 signals is seen positive , or bullish for the CAD, whereas a result below 50 is seen as negative, or bearish.

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CA Ivey Purchasing Managers Index

Location: Canada

Date: 10/10/2014

Time: 15:00


Strength: 2/3

Previous: 49.1

Notes: The Ivey PMI released by the Richard Ivey School of Business captures business conditions in Canada. The Ivey PMI is an important indicator of business conditions and the overall economic condition in Canada. A result above 50 signals is seen positive , or bullish for the CAD, whereas a result below 50 is seen as negative, or bearish.

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