Wednesday, November 26, 2014

DE Gfk Consumer Confidence Survey

Location: Germany

Date: 26/11/2014

Time: 07:00


Strength: 2/3

Previous: 8.5

Notes: The GfK 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. Generally speaking, a high reading is positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

#END

Tuesday, November 25, 2014

NZ Trade Balance (YoY)

Location: New Zealand

Date: 25/11/2014

Time: 21:45


Strength: 2/3

Previous: $0.65B

Notes: Trade balance, released by Statistics New Zealand, is the difference between the value of country's exports and imports, over a period of year. A positive balance means that exports exceed imports, a negative ones means the opposite. Positive trade balance illustrates high competitiveness of country's economy.

#END

NZ Trade Balance (YoY)

Location: New Zealand

Date: 25/11/2014

Time: 21:45


Strength: 2/3

Previous: $0.65B

Notes: Trade balance, released by Statistics New Zealand, is the difference between the value of country's exports and imports, over a period of year. A positive balance means that exports exceed imports, a negative ones means the opposite. Positive trade balance illustrates high competitiveness of country's economy.

#END

NZ Trade Balance (MoM)

Location: New Zealand

Date: 25/11/2014

Time: 21:45


Strength: 2/3

Previous: -$1350M

Notes: The Trade Balance released by the Statistics New Zealand is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Any variation in the figures influences the domestic economy. If a steady demand in exchange for exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the NZD.Review Alex Nekritin's Article - Trading New Zealand Dollar with New Zealand Trade Balance

#END

US Markit Services PMI

Location: United States

Date: 25/11/2014

Time: 14:45


Strength: 2/3

Previous:

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 US. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.

#END

US Consumer Confidence

Location: United States

Date: 25/11/2014

Time: 15:00


Strength: 3/3

Previous: 94.5

Notes: The Conference Board's Consumer Confidence captures the level of confidence that individuals have in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Generally, a high reading is also positive for the USD, while a low reading is negative.

#END

US Consumer Confidence

Location: United States

Date: 25/11/2014

Time: 15:00


Strength: 3/3

Previous: 94.5

Notes: The Conference Board's Consumer Confidence captures the level of confidence that individuals have in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Generally, a high reading is also positive for the USD, while a low reading is negative.

#END

US Markit PMI Composite

Location: United States

Date: 25/11/2014

Time: 14:45


Strength: 2/3

Previous:

Notes: The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and services companies. Data is usually released on the third working day of each month. Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month. From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).

#END

US Markit Manufacturing PMI

Location: United States

Date: 25/11/2014

Time: 14:45


Strength: 2/3

Previous:

Notes: The Manufacturing Purchasing Managers Index (PMI) released by the Markit Economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in the United States. Readings above 50 imply the economy is expanding, making investors understood it as a bullish for the USD, whereas a result below 50 points for an economic contraction, and weighs negatively on the currency.

#END

US Markit Services PMI

Location: United States

Date: 25/11/2014

Time: 14:45


Strength: 2/3

Previous:

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 US. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.

#END

US Housing Price Index (MoM)

Location: United States

Date: 25/11/2014

Time: 14:00


Strength: 2/3

Previous: 0.5%

Notes: The Housing Price Index released by the Office of Federal Reserve Housing Enterprise Oversightprovides an estimated value of housing market conditions. It is an important indicator as the housing market is considered as a sensitive factor to the US economy. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

#END

US Housing Price Index (MoM)

Location: United States

Date: 25/11/2014

Time: 14:00


Strength: 2/3

Previous: 0.5%

Notes: The Housing Price Index released by the Office of Federal Reserve Housing Enterprise Oversightprovides an estimated value of housing market conditions. It is an important indicator as the housing market is considered as a sensitive factor to the US economy. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

#END

US Gross Domestic Product Annualized

Location: United States

Date: 25/11/2014

Time: 13:30


Strength: 3/3

Previous:

Notes: The Gross Domestic Product Annualized released by the US Bureau of Economic Analysis shows the monetary value of all the goods, services and structures produced within a country in a given period of time. GDP Annualized is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Generally speaking, a high reading or a better than expected number is seen as positive for the USD, while a low reading is negative.

#END

CA Retail Sales (MoM)

Location: Canada

Date: 25/11/2014

Time: 13:30


Strength: 2/3

Previous: -0.3%

Notes: The Retail Sales released by the Statistics Canada is a monthly data that shows all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence. It shows the performance of the retail sector in the short term. Generally speaking, the positive economic growth anticipates bullish movements for the CAD.

#END

US Gross Domestic Product Price Index

Location: United States

Date: 25/11/2014

Time: 13:30


Strength: 2/3

Previous:

Notes: The GDP Price Index released by the Bureau of Economic Analysis, Department of Commerce gauges the change in the prices of goods and services. Changes in the GDP price index are followed as an indicator of inflationary pressure that may anticipate interest rates to rise. A high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.

#END