Wednesday, March 04, 2015

US Fed's Beige Book

Location: United States

Date: 04/03/2015

Time: 19:00


Strength: 2/3

Previous:

Notes: The Beige Book reports on the current US economic situation. Through interviews with key business contacts, economists, market experts, and other sources are gathered by each of the 12 Federal Reserve Districts. The survey gives a picture of the overall US economic growth. An optimistic view of those authorities is considered as positive, or bullish for the USD, whereas a pessimistic view is considered as negative, or bearish for the Dollar.

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US Fed's Beige Book

Location: United States

Date: 04/03/2015

Time: 19:00


Strength: 2/3

Previous:

Notes: The Beige Book reports on the current US economic situation. Through interviews with key business contacts, economists, market experts, and other sources are gathered by each of the 12 Federal Reserve Districts. The survey gives a picture of the overall US economic growth. An optimistic view of those authorities is considered as positive, or bullish for the USD, whereas a pessimistic view is considered as negative, or bearish for the Dollar.

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CA BOC Rate Statement

Location: Canada

Date: 04/03/2015

Time: 15:00


Strength: 3/3

Previous:

Notes: This statement is the primary medium used by the Bank of Canada (BoC) to communicate with investors about monetary policy decisions, specifically those regarding interest rates.

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CA BoC Interest Rate Decision

Location: Canada

Date: 04/03/2015

Time: 15:00


Strength: 3/3

Previous: 0.75%

Notes: BoC Interest Rate Decision is announced by the Bank of Canada. If the BoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CAD. Likewise, if the BoC has a dovish view on the Canadian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

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US ISM Non-Manufacturing PMI

Location: United States

Date: 04/03/2015

Time: 15:00


Strength: 3/3

Previous: 56.7

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 ISM Non-Manufacturing PMI

Location: United States

Date: 04/03/2015

Time: 15:00


Strength: 3/3

Previous: 56.7

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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CA BoC Interest Rate Decision

Location: Canada

Date: 04/03/2015

Time: 15:00


Strength: 3/3

Previous: 0.75%

Notes: BoC Interest Rate Decision is announced by the Bank of Canada. If the BoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CAD. Likewise, if the BoC has a dovish view on the Canadian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

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CA BOC Rate Statement

Location: Canada

Date: 04/03/2015

Time: 15:00


Strength: 3/3

Previous:

Notes: This statement is the primary medium used by the Bank of Canada (BoC) to communicate with investors about monetary policy decisions, specifically those regarding interest rates.

#END

US Markit Services PMI

Location: United States

Date: 04/03/2015

Time: 14:45


Strength: 2/3

Previous: 54.2

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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US Markit Services PMI

Location: United States

Date: 04/03/2015

Time: 14:45


Strength: 2/3

Previous: 54.2

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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US Markit PMI Composite

Location: United States

Date: 04/03/2015

Time: 14:45


Strength: 2/3

Previous: 54.4

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 Markit PMI Composite

Location: United States

Date: 04/03/2015

Time: 14:45


Strength: 2/3

Previous: 54.4

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 ADP Employment Change

Location: United States

Date: 04/03/2015

Time: 13:15


Strength: 2/3

Previous: 213K

Notes: The Employment Change released by the Automatic Data Processing, Inc is a measure of the change in the number of employed people in the US. Generally speaking, a rise in this indicator has positive implications for consumer spending, stimulating economic growth. So a high reading is traditionally seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.

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US ADP Employment Change

Location: United States

Date: 04/03/2015

Time: 13:15


Strength: 2/3

Previous: 213K

Notes: The Employment Change released by the Automatic Data Processing, Inc is a measure of the change in the number of employed people in the US. Generally speaking, a rise in this indicator has positive implications for consumer spending, stimulating economic growth. So a high reading is traditionally seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.

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US MBA Mortgage Applications

Location: United States

Date: 04/03/2015

Time: 12:00


Strength: 2/3

Previous: -3.5%

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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