Location: Australia
Date: 07/01/2015
Time: 00:00
Strength: 2/3
Previous: 3.4%
Notes: The Consumer Inflation Expectation released by the Melbourne Institute presents the consumer expectations of future inflation during the next 12 months. The higher expectations, the stronger the effect they will have on a probability of a rate hike by the RBA. Therefore, a high reading should be taken as positive, or bullish, for the AUD, while a low expectations are seen as negative or bearish.
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Wednesday, January 07, 2015
AU Consumer Inflation Expectation
AU AiG Performance of Construction Index
Location: Australia
Date: 07/01/2015
Time: 22:30
Strength: 2/3
Previous: 45.4
Notes: Based on 120 interviews to companies, the HIA/AiG Performance of Construction Index, released by the Australia Industry Group and the Housing Industry Association, is considered as an indicator that measures the conditions on the short and medium term in the construction market. Companies answer questions related to production, employment, prices supplier deliveries, inventories and new orders. A high reading is seen as positive, or bullish for the AUD, while a low reading is seen as negative, or bearish.
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US FOMC Minutes
Location: United States
Date: 07/01/2015
Time: 19:00
Strength: 3/3
Previous:
Notes: FOMC stands for The Federal Open Market Committee that organizes 8 meetings in a year and reviews economic and financial conditions, determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. FOMC Minutes are released by the Board of Governors of the Federal Reserve and are a clear guide to the future US interest rate policy.
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US Trade Balance
Location: United States
Date: 07/01/2015
Time: 13:30
Strength: 2/3
Previous: -$43.4B
Notes: The Trade Balance released by the Bureau of Economic Analysis and the U.S. Census Bureau is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some
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US Trade Balance
Location: United States
Date: 07/01/2015
Time: 13:30
Strength: 2/3
Previous: -$43.4B
Notes: The Trade Balance released by the Bureau of Economic Analysis and the U.S. Census Bureau is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some
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EMU Consumer Price Index (YoY)
Location: European Monetary Union
Date: 07/01/2015
Time: 10:00
Strength: 3/3
Previous: 0.3%
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).
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EMU Consumer Price Index - Core (YoY)
Location: European Monetary Union
Date: 07/01/2015
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.
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EMU Unemployment Rate
Location: European Monetary Union
Date: 07/01/2015
Time: 08:49
Strength: 2/3
Previous: 11.5%
Notes: The Unemployment Rate released by the Eurostat is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the European Economy. If the rate is up, it indicates a lack of expansion within the European lobar market. As a result, a rise leads to weaken the European economy. Generally speaking, a decrease of the figure is seen as positive (or bullish) for the EUR, while an increase is seen as negative (or bearish).
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Tuesday, January 06, 2015
US Factory Orders (MoM)
Location: United States
Date: 06/01/2015
Time: 15:00
Strength: 2/3
Previous: -0.7%
Notes: The Factory orders released by the US Census Bureau is a measure of the total orders of durable and non durable goods such as shipments (sales), inventories and orders at the manufacturing level which can offer insight into inflation and growth in the manufacturing sector. Normally, 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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US ISM Non-Manufacturing PMI
Location: United States
Date: 06/01/2015
Time: 15:00
Strength: 3/3
Previous: 59.3
Notes: The ISM Non-Manufacturing Index released by the Institute for Supply Management (ISM) shows business conditions in the US non-manufacturing sector. It is worth noting that the non-manufacturing sector does not influence, either positively or negatively, the GDP as much as the ISM Manufacturing does. A result above 50 is positive (or bullish) for the USD.
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US Markit Services PMI
Location: United States
Date: 06/01/2015
Time: 14:45
Strength: 2/3
Previous: 56.2
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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UK Markit Services PMI
Location: United Kingdom
Date: 06/01/2015
Time: 09:30
Strength: 2/3
Previous: 58.6
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.
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Monday, January 05, 2015
CN HSBC China Services PMI
Location: China
Date: 05/01/2015
Time: 01:45
Strength: 2/3
Previous: 53
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: 05/01/2015
Time: 01:35
Strength: 2/3
Previous: 50.6
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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AU Trade Balance
Location: Australia
Date: 05/01/2015
Time: 00:30
Strength: 2/3
Previous: -1323M
Notes: The trade balance released by the Australian Bureau of Statistics is the difference in the value of its imports and exports of Australian goods. Export data can give an important reflection of Australian growth, while imports provide an indication of domestic demand. Trade Balance gives an early indication of the net export performance. If a steady demand in exchange for Australian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the AUD.Review Alex Nekritin's Article - Trading the Aussie with Australia Trade Balance
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