CA Bank of Canada Consumer Price Index Core (YoY)

Location: Canada

Date: 19/12/2014

Time: 13:30

Strength: 3/3

Previous: 2.3% / Consensus: 2.4%

Notes: Consumer Price Index Core is released by the Bank of Canada. ���Core��� CPI excludes fruits, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, and tobacco products. These volatile core 8 are considered as the key indicator for inflation in Canada. Generally speaking, a high reading anticipates a hawkish attitude by the BoC, and that is said to be positive (or bullish) for the CAD.

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UK CBI Distributive Trades Survey - Realized (MoM)

Location: United Kingdom

Date: 19/12/2014

Time: 11:00

Strength: 2/3

Previous: 27 / Consensus: 30

Notes: The CBI Distributive Trades Survey released by the Confederation of British Industry is an indicator of short-term trends in the UK retail and wholesale distribution sector. This survey tend to have an impact on the formulation of economic policy at the Bank of England and within Government. Usually, 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 Public Sector Net Borrowing

Location: United Kingdom

Date: 19/12/2014

Time: 09:30

Strength: 2/3

Previous: ��7.055B / Consensus: ��6.700B

Notes: The Net Borrowing released by the National Statistics captures an amount of new debt held by the U.K. governments (the financial deficit in the UK national accounts). Generally speaking, if the Net Borrowing is negative, it means the UK Accounts are surplus, and that should be positive for the GBP. While a deficit is generally unfavorable for the economy, a growth in the Net Borrowing is considered as negative, or bearish for the GBP.

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DE Gfk Consumer Confidence Survey

Location: Germany

Date: 19/12/2014

Time: 07:00

Strength: 2/3

Previous: 8.7 / Consensus: 8.6

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).

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JP BoJ Press Conference

Location: Japan

Date: 19/12/2014

Time: 06:30

Strength: 3/3

Previous:

Notes: Kuroda, BoJ's governor, will give a press conference in order to communicate with investors regarding monetary policy. He talks about the factors that affected the most recent interest rate decision, the overall economic outlook, inflation, and clues regarding future monetary policy.

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JP Coincident Index

Location: Japan

Date: 19/12/2014

Time: 05:00

Strength: 2/3

Previous: 109.8

Notes: The Coincident Index released by the Cabinet Office is a single summary statistic that tracks the current state of the Japanese economy. A rise in the index indicates an expansion of economic activity and a decline in the index indicates a contraction in economic activity. Generally speaking, a result that values above 50% signals appreciates (or is bullish for) the JPY, whereas a result that values below 50% is seen as negative (or bearish).

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JP Leading Economic Index

Location: Japan

Date: 19/12/2014

Time: 05:00

Strength: 2/3

Previous: 105.6

Notes: The Leading Economic Index released by the Cabinet Office is an economic indicator that consists of 12 indexes such as account inventory ratios, machinery orders, stock prices and other leading economic indicators. It shows the performance of the Japanese Economy over the short and mid-term. Generally speaking, a result above 50 is positive (or bullish) for the JPY, whereas a result below 50 is seen as bearish.

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JP All Industry Activity Index (MoM)

Location: Japan

Date: 19/12/2014

Time: 04:30

Strength: 2/3

Previous: 1%

Notes: The All Industry Activity Index released by the Ministry of Economy, Trade and Industry captures the monthly change in overall production by all industries of the Japanese economy. The index indicates the Japanese GDP and the overall growth figures, providing insight into current levels of Japanese economic expansion. 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 BoJ Monetary Policy Statement

Location: Japan

Date: 19/12/2014

Time: 03:00

Strength: 2/3

Previous:

Notes: An official monetary policy statement is released by the Policy Board of the Bank of Japan. By communicating the committee��s vote outcome regarding interest rates and other policy measures as well as the economic conditions influencing their decision, the statement gives clue to future changes in monetary policy.

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UK Gfk Consumer Confidence

Location: United Kingdom

Date: 18/12/2014

Time: 00:05

Strength: 2/3

Previous: -2 / Consensus: -1

Notes: The GfK Group 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. Normally, a high reading is positive for the GBP, while a low reading is bearish.

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US Philadelphia Fed Manufacturing Survey

Location: United States

Date: 18/12/2014

Time: 15:00

Strength: 2/3

Previous: 40.8 / Consensus: 25.0

Notes: The Philadelphia Fed Survey is a spread index of manufacturing conditions (movements of manufacturing) within the Federal Reserve Bank of Philadelphia. This survey, served as an indicator of manufacturing sector trends, is interrelated with the ISM manufacturing Index (Institute for Supply Management) and the index of industrial production. It is also used as a forecast of The ISM Index. Generally, an above-the-expectaitons reading is seen as positive for the USD.

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US CB Leading Indicator (MoM)

Location: United States

Date: 18/12/2014

Time: 15:00

Strength: 2/3

Previous: 0.9% / Consensus: 0.5%

Notes: The Leading Indicators released by the Conference Board measures future trends of the overall economic activity including employment, average manufacturing workweek, initial claims, permits for new housing construction, stock prices and yield curve. It is considered as a measure for economic stability in United States. This event generates some

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US Markit Services PMI

Location: United States

Date: 18/12/2014

Time: 14:45

Strength: 2/3

Previous: 56.2 / Consensus: 56.8

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.

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US Markit PMI Composite

Location: United States

Date: 18/12/2014

Time: 14:45

Strength: 2/3

Previous: 56.1

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).

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US Continuing Jobless Claims

Location: United States

Date: 18/12/2014

Time: 13:30

Strength: 2/3

Previous: 2.514M

Notes: The Continuing Jobless Claims released by the US Department of Labor measure the number of individuals who are unemployed and are currently receiving unemployment benefits. It presents the strength in the labor market. A rise in this indicator has negative implications for consumer spending which discourage economic growth. Generally speaking, a high reading is seen as negative, or bearish for the USD, while a low reading is seen as positive, or bullish.

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