US MBA Mortgage Applications

Location: United States

Date: 04/02/2015

Time: 12:00

Strength: 2/3

Previous: -3.2%

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).

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EMU Retail Sales (YoY)

Location: European Monetary Union

Date: 04/02/2015

Time: 10:00

Strength: 2/3

Previous: 1.5%

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.

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UK Markit Services PMI

Location: United Kingdom

Date: 04/02/2015

Time: 09:30

Strength: 2/3

Previous: 55.8

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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IT Gross Domestic Product (YoY)

Location: Italy

Date: 04/02/2015

Time: 09:00

Strength: 2/3

Previous: -0.5%

Notes: The Gross Domestic Product released by the National Institute of Statistics is a measure of the total value of all goods and services produced by Italy. The GDP is considered as a broad measure of economic activity and health. Generally speaking, a high reading is seen as positive (or bullish) for the Euro, while a negative trend is seen as negative (or bearish).

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EMU Non-monetary policy's ECB meeting

Location: European Monetary Union

Date: 04/02/2015

Time: 08:00

Strength: 3/3

Previous:

Notes: The European Central Bank (ECB) announced on july that the Governing Council meetings dedicated to monetary policy will change to a new six-week cycle, from January 2015. Non-monetary policy meetings will continue to be held at least once a month.

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CN HSBC China Services PMI

Location: China

Date: 03/02/2015

Time: 01:45

Strength: 2/3

Previous: 53.4

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 Labor Cash Earnings (YoY)

Location: Japan

Date: 03/02/2015

Time: 01:30

Strength: 2/3

Previous: -1.5%

Notes: Indicator released by the Ministry of Health, Labour and Welfare, shows the average income, before taxes, per regular employee. It includes overtime pay and bonuses but it doesn't take into account earnings from holding financial assets nor capital gains. Higher income puts upward pressures over consumption, therefore an increasing trend in earnings is inflationary for the Japanese economy. A higher than expected reading is bullish for the yen, while below the market consensus the result is bearish.

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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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