UK Bank of England Minutes

Location: United Kingdom

Date: 17/12/2014

Time: 09:30

Strength: 2/3

Previous:

Notes: The minutes of the BoE MPC meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. Generally speaking, if the BoE is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the GBP.

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UK Claimant Count Rate

Location: United Kingdom

Date: 17/12/2014

Time: 09:30

Strength: 2/3

Previous: 2.8%

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 BOE MPC Vote Cut

Location: United Kingdom

Date: 17/12/2014

Time: 09:30

Strength: 3/3

Previous: 0 / Consensus: 0

Notes: Interest rates are set by the Bank���s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members ��� the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

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UK BOE MPC Vote Unchanged

Location: United Kingdom

Date: 17/12/2014

Time: 09:30

Strength: 3/3

Previous: 7

Notes: Interest rates are set by the Bank���s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members ��� the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

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JP Merchandise Trade Balance Total

Location: Japan

Date: 16/12/2014

Time: 0 - W

Strength: 2/3

Previous: -��710B / Consensus: -��1000B

Notes: The Merchandise Trade Balance Total released by the Ministry of Finance 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. Japan is so much dependant on exports that the Japanese economy heavily relies on a trade surplus. Therefore, any variation in the figures influences the domestic economy. If a steady demand in exchange for Japanese exports is seen, that would turn into a positive.

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JP Adjusted Merchandise Trade Balance

Location: Japan

Date: 16/12/2014

Time: 0 - W

Strength: 2/3

Previous: -��977.532B

Notes: Adjusted Merchandise Trade Balance is released by the Customs Office and it's a seasonal measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Japan is so much dependant on exports. A high reading is positive for the JPY, while a low reading is seen as negative (or bearish).

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US Markit Manufacturing PMI

Location: United States

Date: 16/12/2014

Time: 14:45

Strength: 2/3

Previous: 54.8 / Consensus: 56.4

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.

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US Housing Starts (MoM)

Location: United States

Date: 16/12/2014

Time: 13:30

Strength: 2/3

Previous: 1.009M / Consensus: 1.025M

Notes: The Housing Starts released by the US Census Bureau, at the Department of Commerce is an indicator that tracks how many new single-family homes or buildings were constructed. For the survey each house and each single apartment are counted as one housing start. The figures include all private and publicly owned units. It indicates movements of the US housing market. Generally, a high reading anticipates positive (or bullish) for the USD, whereas a low reading is seen as negative (or bearish).

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US Building Permits (MoM)

Location: United States

Date: 16/12/2014

Time: 13:30

Strength: 2/3

Previous: 1.080M / Consensus: 1.047M

Notes: The Building Permits released by the US Census Bureau, the Department of Commerce shows the number of permits for new construction projects. It implies the movement of corporate investments (US economic development). It tends to cause some

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UK BOE's Governor Carney speech

Location: United Kingdom

Date: 16/12/2014

Time: 10:30

Strength: 3/3

Previous:

Notes: Mark Carney is Governor of the Bank of England and Chairman of the Monetary Policy Committee, Financial Policy Committee and the Board of the Prudential Regulation Authority. His appointment as Governor was approved by Her Majesty the Queen on 26 November 2012. The Governor joined the Bank on 1 July 2013.

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UK Financial Stability Report

Location: United Kingdom

Date: 16/12/2014

Time: 10:30

Strength: 2/3

Previous:

Notes: The Financial Stability Report, published twice a year by the Bank of England under the guidance of the interim Financial Policy Committee, shows the Committee's assessment of the outlook for the stability and resilience of the financial sector at the time of preparation of the Report, and the policy actions it advises to reduce and mitigate risks to stability. Usually, if the BoE is hawkish about the financial outlook, it is positive, or bullish, for the GBP. Likewise, if the BoE has a dovish view on the UK economy and is concern about the financial stability it is seen as negative, or bearish.

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EMU ZEW Survey - Economic Sentiment

Location: European Monetary Union

Date: 16/12/2014

Time: 10:00

Strength: 2/3

Previous: 11

Notes: The Economic Sentiment published by the Zentrum f��r Europ��ische Wirtschaftsforschung measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimistic. A positive number means that the share of optimists outweighs the share of pessimists. usually, an optimistic view is considered as positive (or bullish) for the EUR, whereas a pessimistic view is considered as negative (or bearish).

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DE ZEW Survey - Current Situation

Location: Germany

Date: 16/12/2014

Time: 10:00

Strength: 2/3

Previous: 3.3 / Consensus: 5.0

Notes: The Economic Sentiment published by the Zentrum f��r Europ��ische Wirtschaftsforschung measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimistic. Generally speaking, an optimistic view is considered as positive (or bullish) for the EUR, whereas a pessimistic view is considered as negative (or bearish).Review Alex Nekritin's Article - Trading the Euro with Germany ZEW Survey

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DE ZEW Survey - Economic Sentiment

Location: Germany

Date: 16/12/2014

Time: 10:00

Strength: 3/3

Previous: 11.5 / Consensus: 20.0

Notes: The Economic Sentiment published by the Zentrum f��r Europ��ische Wirtschaftsforschung measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimistic. Generally speaking, an optimistic view is considered as positive (or bullish) for the EUR, whereas a pessimistic view is considered as negative (or bearish).Review Alex Nekritin's Article - Trading the Euro with Germany ZEW Survey

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UK Consumer Price Index (MoM)

Location: United Kingdom

Date: 16/12/2014

Time: 09:30

Strength: 2/3

Previous: 0.1% / Consensus: 0.1%

Notes: The Consumer Price Index released by the National Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation. The 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 GBP, while a low reading is seen as negative (or Bearish).

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