NZ RBNZ Governor Wheeler Speech

Location: New Zealand

Date: 03/02/2015

Time: - Wed

Strength: 3/3

Previous:

Notes: Graeme Wheeler was appointed Governor of the Reserve Bank of New Zealand in September 2012. The Reserve Bank uses monetary policy to maintain price stability as defined in the Policy Targets Agreement (PTA). The current PTA requires the Bank to keep inflation between 1 and 3 percent on average over the medium term. The Bank implements monetary policy by setting the Official Cash Rate (OCR), which is reviewed eight times a year.

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AU AiG Performance of Services Index

Location: Australia

Date: 03/02/2015

Time: 22:30

Strength: 2/3

Previous: 47.5

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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NZ Unemployment Rate

Location: New Zealand

Date: 03/02/2015

Time: 21:45

Strength: 3/3

Previous: 5.4%

Notes: The Unemployment Rate released by the Statistics New Zealand is the number of unemployed workers divided by the total civilian labor force. If the rate is up, it indicates a lack of expansion within the New Zealand labor market. As a result, a rise leads to weaken the New Zealand economy. A decrease of the figure is seen as positive (or bullish) for the NZD, while an increase is seen as negative (or bearish).

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NZ Employment Change

Location: New Zealand

Date: 03/02/2015

Time: 21:45

Strength: 2/3

Previous: 0.8%

Notes: The Employment Change released by the Statistics New Zealand is a measure of the change in the number of employed people in New Zealand. Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth. A high reading is seen as positive (or bullish) for the NZ dollar, while a low reading is seen as negative (or bearish).

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US Factory Orders (MoM)

Location: United States

Date: 03/02/2015

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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UK PMI Construction

Location: United Kingdom

Date: 03/02/2015

Time: 09:30

Strength: 2/3

Previous: 57.6

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 Interest Rate Decision

Location: Australia

Date: 03/02/2015

Time: 03:30

Strength: 3/3

Previous: 2.5%

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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AU RBA Rate Statement

Location: Australia

Date: 03/02/2015

Time: 03:30

Strength: 3/3

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 Trade Balance

Location: Australia

Date: 02/02/2015

Time: 00:30

Strength: 2/3

Previous: -925M

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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JP Monetary Base (YoY)

Location: Japan

Date: 02/02/2015

Time: - Tue

Strength: 2/3

Previous: 38.2%

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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US Construction Spending (MoM)

Location: United States

Date: 02/02/2015

Time: 15:00

Strength: 2/3

Previous: -0.3% / Consensus: 0.7%

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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US ISM Manufacturing PMI

Location: United States

Date: 02/02/2015

Time: 15:00

Strength: 3/3

Previous: 55.5 / Consensus: 55.5

Notes: The Institute for Supply Management (ISM) Manufacturing Index shows business conditions in the US manufacturing sector It is a significant indicator of the overall economic condition in US. A result above 50 is seen as positive (or bullish) for the USD, whereas a result below 50 is seen as negative (or bearish).

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US ISM Prices Paid

Location: United States

Date: 02/02/2015

Time: 15:00

Strength: 2/3

Previous: 38.5 / Consensus: 40.0

Notes: The Institute for Supply Management ( ISM ) Manufacturing Index shows business conditions in the US manufacturing sector, taking into account expectations for future production, new orders, inventories, employment and deliveries

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US Markit Manufacturing PMI

Location: United States

Date: 02/02/2015

Time: 14:45

Strength: 2/3

Previous: 53.9

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 Personal Income (MoM)

Location: United States

Date: 02/02/2015

Time: 13:30

Strength: 2/3

Previous: 0.4% / Consensus: 0.3%

Notes: The Personal Income released by the Bureau of Economic Analysis, Department of Commerce measures the total income received by individuals, from all sources including wages and salaries, interest, dividends, rent, workers' compensation, proprietors' earnings, and transfer payments. This figure can provide insight on the US employment situation. A high reading is positive for the USD, whereas a low reading is negative.

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