Wednesday, December 03, 2014

DE Markit Services PMI

Location: Germany

Date: 03/12/2014

Time: 08:55


Strength: 2/3

Previous: 54.4

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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DE Markit Services PMI

Location: Germany

Date: 03/12/2014

Time: 08:55


Strength: 2/3

Previous: 54.4

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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Tuesday, December 02, 2014

CN HSBC China Services PMI

Location: China

Date: 02/12/2014

Time: 01:45


Strength: 2/3

Previous: 52.9

Notes: The HSBC China Services PMI��� is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy.

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JP Markit Services PMI

Location: Japan

Date: 02/12/2014

Time: 01:35


Strength: 2/3

Previous: 52.4

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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CN Non-manufacturing PMI

Location: China

Date: 02/12/2014

Time: 01:00


Strength: 2/3

Previous: 53.8

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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AU Gross Domestic Product (QoQ)

Location: Australia

Date: 02/12/2014

Time: 00:30


Strength: 2/3

Previous: 0.5%

Notes: The Gross Domestic Product released by the Australian Bureau of Statistics is a measure of the total value of all goods and services produced by Australia. The GDP is considered as a broad measure of Swiss economic activity and health. A rising trend has a positive effect on the AUD, while a falling trend is seen as negative ( or bearish ) for the AUD.

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AU Gross Domestic Product (YoY)

Location: Australia

Date: 02/12/2014

Time: 00:30


Strength: 3/3

Previous: 3.1%

Notes: The Gross Domestic Product released by the Australian Bureau of Statistics is a measure of the total value of all goods and services produced by Australia. The GDP is considered as a broad measure of Swiss economic activity and health. A rising trend has a positive effect on the AUD, while a falling trend is seen as negative ( or bearish ) for the AUD.

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AU Gross Domestic Product (QoQ)

Location: Australia

Date: 02/12/2014

Time: 00:30


Strength: 2/3

Previous: 0.5%

Notes: The Gross Domestic Product released by the Australian Bureau of Statistics is a measure of the total value of all goods and services produced by Australia. The GDP is considered as a broad measure of Swiss economic activity and health. A rising trend has a positive effect on the AUD, while a falling trend is seen as negative ( or bearish ) for the AUD.

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AU AiG Performance of Services Index

Location: Australia

Date: 02/12/2014

Time: 22:30


Strength: 2/3

Previous: 43.6

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).

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US Construction Spending (MoM)

Location: United States

Date: 02/12/2014

Time: 15:00


Strength: 2/3

Previous: -0.4% / Consensus: 0.5%

Notes: The Construction Spending released by the US Census Bureau is an indicator that measures the total amount of spending in the US on all types of construction. The residential construction component is useful for predicting future national new home sales and mortgage origination volume. 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 Mortgage Approvals

Location: United Kingdom

Date: 02/12/2014

Time: 09:30


Strength: 2/3

Previous:

Notes: The Mortgage Approvals released by the Bank of England presents the number of various Mortgage Approvals. It is considered as a leading indicator of the U.K. Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall U.K. economy. Generally, a high reading is seen as positive ( or bullish ) for the GBP, while a low reading is seen as negative (or bearish )

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UK PMI Construction

Location: United Kingdom

Date: 02/12/2014

Time: 09:30


Strength: 2/3

Previous: 61.4

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).

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AU RBA Rate Statement

Location: Australia

Date: 02/12/2014

Time: 03:30


Strength: 2/3

Previous:

Notes: Decisions regarding this interest rate are made by the Reserve Bank Board, and are explained in a media release which announces the decision at 2.30 pm after each Board meeting.

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AU RBA Interest Rate Decision

Location: Australia

Date: 02/12/2014

Time: 03:30


Strength: 3/3

Previous:

Notes: RBA Interest Rate Decision is announced by the Reserve Bank of Australia. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian 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 Australian Dollar with RBA Rate Decision

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Monday, December 01, 2014

JP Monetary Base (YoY)

Location: Japan

Date: 01/12/2014

Time: - Tue


Strength: 2/3

Previous: 36.9%

Notes: The Monetary Base released by the Bank of Japan is the "Currency Supplied by the BoJ" including all the JPY in circulation, encompassing notes and coins as well as money held in bank accounts. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rates. An acceleration of monetary base is considered as positive for the JPY, whereas a decline is seen as negative.

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