Location: Germany
Date: 01/12/2014
Time: 08:55
Strength: 2/3
Previous: 51.4
Notes: The Manufacturing Purchasing Managers Index (PMI) released by 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 Germany. Normally, a result above 50 signals is bullish for the EUR, whereas a result below 50 is seen as bearish.
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Monday, December 01, 2014
DE Markit Manufacturing PMI
CN NBS Manufacturing PMI
Location: China
Date: 01/12/2014
Time: 01:00
Strength: 3/3
Previous:
Notes: The Manufacturing Purchasing Managers Index (PMI) released by the China Federation of Logistics and Purchasing (CFLP) studies business conditions in the Chinese manufacturing sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction. As the Chinese economy has influence on the global economy, this economic indicator would have an impact on the Forex market.
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JP BSI Large Manufacturing (QoQ)
Location: Japan
Date: 01/12/2014
Time: 0 - M
Strength: 2/3
Previous: 12.7
Notes: The Business Survey Index (BSI) Large Manufacturing released by the Ministry of Finance studies business authorities' assessments of and forecasts for the economy to seize information for keeping track of economic trends. The BSI is the percentage of firms that say domestic economic conditions are rising compared with the previous quarter, minus the percentage of firms that say domestic economic conditions are declining compared with the previous quarter. Normally, a high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish).
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JP Capital Spending
Location: Japan
Date: 01/12/2014
Time: 0 - M
Strength: 2/3
Previous: 3%
Notes: Capital Spending released by the Ministry of Finance Japan measures change in the total value of capital expenditures by enterprises. It is considered as an early indicator of economic health in Japan. A high reading is seen as positive or bullish for the JPY, while a low reading is seen as negative or bearish.
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JP Capital Spending
Location: Japan
Date: 01/12/2014
Time: 0 - M
Strength: 2/3
Previous: 3%
Notes: Capital Spending released by the Ministry of Finance Japan measures change in the total value of capital expenditures by enterprises. It is considered as an early indicator of economic health in Japan. A high reading is seen as positive or bullish for the JPY, while a low reading is seen as negative or bearish.
#END
AU AiG Performance of Mfg Index
Location: Australia
Date: 01/12/2014
Time: 22:30
Strength: 2/3
Previous: 49.4
Notes: AiG performance of the Mfg Index released by the Australian Industry Group presents business conditions in the Australian manufacturing 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
AU AiG Performance of Mfg Index
Location: Australia
Date: 01/12/2014
Time: 22:30
Strength: 2/3
Previous: 49.4
Notes: AiG performance of the Mfg Index released by the Australian Industry Group presents business conditions in the Australian manufacturing 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
NZ RBNZ Governor Wheeler Speech
Location: New Zealand
Date: 01/12/2014
Time: 19:45
Strength: 3/3
Previous:
Notes: Graeme Wheeler was appointed Governor of the Reserve Bank of New Zealand in September 2012. The Reserve Bank uses monetary policy to maintain price stability as defined in the Policy Targets Agreement (PTA). The current PTA requires the Bank to keep inflation between 1 and 3 percent on average over the medium term. The Bank implements monetary policy by setting the Official Cash Rate (OCR), which is reviewed eight times a year.
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Friday, November 28, 2014
LeapRate Exclusive… LeapRate has learned, in discussions with various retail forex brokers in different locations around the globe, that November FX trading volumes will be somewhat lower than the record / near-record volumes reported by many in the industry during September and October. After two months of near nonstop volatility, the industry standard EURUSD has spent most of November in a fairly tight 1.24-1.25 trading band.
However a lot of that slack has apparently been picked up by CFD trading – in particular oil and gold CFDs, as those commodities took over the volatility baton during November.
In particular crude oil – as OPEC decided against a production cut on Thursday, crude prices dropped by more than 6% and traded below $70 per barrel for the first time in more than four years. This marks a more than 30% drop in crude prices since the summer, as demonstrated by the chart below, which has made commodity CFDs a leading trade vehicle during much of the past month.
WTI crude oil prices, past five years. Source: CNBC.
With a number of leading oil industry analysts and observers calling for further volatility and drops in oil prices – with several looking at the possibility of $30-$40 per bbl oil – this might be just the beginning of a growing CFD trading trend.
We'll begin to see actual trading results for November early next week. Stay tuned to LeapRate…
US Reuters/Michigan Consumer Sentiment Index
Location: United States
Date: 28/11/2014
Time: 14:55
Strength: 2/3
Previous:
Notes: The Reuters/Michigan Consumer Sentiment Index released by the Reuters/University of Michigan is a survey of personal consumer confidence in economic activity. It shows a picture of whether or not consumers are willing to spend money. Generally speaking, a high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
#END
US Reuters/Michigan Consumer Sentiment Index
Location: United States
Date: 28/11/2014
Time: 14:55
Strength: 2/3
Previous:
Notes: The Reuters/Michigan Consumer Sentiment Index released by the Reuters/University of Michigan is a survey of personal consumer confidence in economic activity. It shows a picture of whether or not consumers are willing to spend money. Generally speaking, a high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
#END
US Chicago Purchasing Managers' Index
Location: United States
Date: 28/11/2014
Time: 14:45
Strength: 2/3
Previous:
Notes: The Chicago Purchasing Managers Index released by Kingsbury International captures business conditions across Illinois, Indiana and Michigan. This index is an indicator of business trends and it is interrelated with the ISM manufacturing Index. It is widely used to indicate the overall economic condition in US. A result above 50 is bullish for the USD, whereas a result below 50 is seen as bearish.
#END
CA Gross Domestic Product (MoM)
Location: Canada
Date: 28/11/2014
Time: 13:30
Strength: 2/3
Previous:
Notes: The Gross Domestic Product released by the Statistics Canada is a measure of the total value of all goods and services produced by Canada. The GDP is considered as a broad measure of Canadian economic activity and health. Generally speaking, a rising trend has a positive effect on the CAD, while a falling trend is seen as negative (or bearish) for the CAD.
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EMU Consumer Price Index - Core (YoY)
Location: European Monetary Union
Date: 28/11/2014
Time: 10:00
Strength: 3/3
Previous: 0.7%
Notes: The core Consumer Price Index released by Eurostat is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services excluding the volatile components like food, energy, alcohol and tobacco. The core CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is seen as positive or bullish for the EUR, while a low reading is seen as negative.
#END
EMU Consumer Price Index (YoY)
Location: European Monetary Union
Date: 28/11/2014
Time: 10:00
Strength: 3/3
Previous: 0.4%
Notes: The Euro Zone CPI released by the Eurostat captures the changes in the price of goods and services. The CPI is a significant way to measure changes in purchasing trends and inflation in the Euro Zone. Generally, a high reading anticipates a hawkish attitude which will be positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).
#END
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