Location: United States
Date: 03/12/2014
Time: 14:45
Strength: 2/3
Previous: 57.1
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
Wednesday, December 03, 2014
US Markit Services PMI
US ADP Employment Change
Location: United States
Date: 03/12/2014
Time: 13:15
Strength: 2/3
Previous: 230K
Notes: The Employment Change released by the Automatic Data Processing, Inc is a measure of the change in the number of employed people in the US. Generally speaking, a rise in this indicator has positive implications for consumer spending, stimulating economic growth. So a high reading is traditionally seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.
#END
US MBA Mortgage Applications
Location: United States
Date: 03/12/2014
Time: 12:00
Strength: 2/3
Previous: -4.3%
Notes: The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
#END
US MBA Mortgage Applications
Location: United States
Date: 03/12/2014
Time: 12:00
Strength: 2/3
Previous: -4.3%
Notes: The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
#END
UK Autumn Forecast Statement
Location: United Kingdom
Date: 03/12/2014
Time: 11:15
Strength: 3/3
Previous:
Notes: Autumn Forecast Statement is is one of the two statements HM Treasury makes each year to Parliament upon publication of economic forecasts. This document provides an updated economic outlook and previews the government's budget for the coming year, including expected spending and income levels, borrowing levels, and financial objectives. It also contains comments on the latest independent economic forecasts prepared by the OBR.
#END
EMU Gross Domestic Product s.a. (YoY)
Location: European Monetary Union
Date: 03/12/2014
Time: 10:00
Strength: 3/3
Previous: 0.7%
Notes: The Gross Domestic Product released by the Eurostat is a measure of the total value of all goods and services produced by the Eurozone. The GDP is considered as a broad measure of the Eurozone economic activity and health. Usually, a rising trend has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).
#END
EMU Retail Sales (YoY)
Location: European Monetary Union
Date: 03/12/2014
Time: 10:00
Strength: 2/3
Previous: 0.6%
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.
#END
EMU Gross Domestic Product s.a. (QoQ)
Location: European Monetary Union
Date: 03/12/2014
Time: 10:00
Strength: 2/3
Previous: 0.2%
Notes: The Gross Domestic Product released by the Eurostat is a measure of the total value of all goods and services produced by the Eurozone. The GDP is considered as a broad measure of the Eurozone economic activity and health. Usually, a rising trend has a positive effect on the EUR, while a falling trend is seen as negative (or bearish ).
#END
UK Markit Services PMI
Location: United Kingdom
Date: 03/12/2014
Time: 09:30
Strength: 2/3
Previous: 56.2
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.
#END
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.
#END
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.
#END
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.
#END
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.
#END
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.
#END
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.
#END
Subscribe to:
Posts (Atom)