Wednesday, March 25, 2015

UK BBA Mortgage Approvals

Location: United Kingdom

Date: 25/03/2015

Time: 09:30


Strength: 2/3

Previous: 36.4K

Notes: The Mortgage Approvals published by the British Bankers' Association (BBA) measure the number of home loans issued by the BBA during the previous quarter. It is considered as a leading indicator of the UK Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall UK economy. Normally, 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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Tuesday, March 24, 2015

NZ Trade Balance (YoY)

Location: New Zealand

Date: 24/03/2015

Time: 21:45


Strength: 2/3

Previous: -$1.41B

Notes: Trade balance, released by Statistics New Zealand, is the difference between the value of country's exports and imports, over a period of year. A positive balance means that exports exceed imports, a negative ones means the opposite. Positive trade balance illustrates high competitiveness of country's economy.

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NZ Trade Balance (MoM)

Location: New Zealand

Date: 24/03/2015

Time: 21:45


Strength: 2/3

Previous: $56M

Notes: The Trade Balance released by the Statistics New Zealand is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Any variation in the figures influences the domestic economy. If a steady demand in exchange for exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the NZD.Review Alex Nekritin's Article - Trading New Zealand Dollar with New Zealand Trade Balance

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US New Home Sales Change (MoM)

Location: United States

Date: 24/03/2015

Time: 15:00


Strength: 2/3

Previous: -0.2%

Notes: The number of New Home sales released by the US Census Bureau is an important measure of housing market conditions. House buyers spend money on furnishing and financing their homes so as a result the demand for goods, services and the employees is stimulated. Generally, a high reading is seen as bullish for the USD, whereas a low reading is seen as bearish.

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US Consumer Confidence

Location: United States

Date: 24/03/2015

Time: 15:00


Strength: 3/3

Previous: 96.4

Notes: The Conference Board's Consumer Confidence captures the level of confidence that individuals have in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Generally, a high reading is also positive for the USD, while a low reading is negative.

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US Markit Manufacturing PMI

Location: United States

Date: 24/03/2015

Time: 14:45


Strength: 2/3

Previous: 55.1

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 Consumer Price Index Ex Food & Energy (YoY)

Location: United States

Date: 24/03/2015

Time: 13:30


Strength: 3/3

Previous:

Notes: The Consumer Price Index (CPI) Ex Food & Energy released by the US Department of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. Those volatile products such as food and energy are excluded in order to capture an accurate calculation. Generally speaking, 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 Consumer Price Index Ex Food & Energy (MoM)

Location: United States

Date: 24/03/2015

Time: 13:30


Strength: 2/3

Previous:

Notes: The Consumer Price Index (CPI) Ex Food & Energy released by the US Department of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. Those volatile products such as food and energy are excluded in order to capture an accurate calculation. Generally speaking, 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 Consumer Price Index (MoM)

Location: United States

Date: 24/03/2015

Time: 13:30


Strength: 2/3

Previous:

Notes: The Consumer Price Index released by the US Bureau of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of USD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, 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 Consumer Price Index (YoY)

Location: United States

Date: 24/03/2015

Time: 13:30


Strength: 3/3

Previous:

Notes: The Consumer Price Index released by the US Bureau of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of USD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, 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 CBI Distributive Trades Survey - Realized (MoM)

Location: United Kingdom

Date: 24/03/2015

Time: 11:00


Strength: 2/3

Previous: 1

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 Producer Price Index - Output (YoY) n.s.a

Location: United Kingdom

Date: 24/03/2015

Time: 09:30


Strength: 2/3

Previous: -1.8%

Notes: The Producer Price Index released by the National Statistics is a monthly measurement of the price changes of goods produced by UK manufacturers. Generally speaking, a price hike generates higher retail prices for consumers. Thus, a high reading is positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish).

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UK Consumer Price Index (YoY)

Location: United Kingdom

Date: 24/03/2015

Time: 09:30


Strength: 3/3

Previous: 0.3%

Notes: The Consumer Price Index released by the National Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation. The 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 GBP, while a low reading is seen as negative (or Bearish).

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UK Consumer Price Index (MoM)

Location: United Kingdom

Date: 24/03/2015

Time: 09:30


Strength: 2/3

Previous: -0.9%

Notes: The Consumer Price Index released by the National Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation. The 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 GBP, while a low reading is seen as negative (or Bearish).

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UK PPI Core Output (YoY) n.s.a

Location: United Kingdom

Date: 24/03/2015

Time: 09:30


Strength: 2/3

Previous: 0.5%

Notes: Producer Prices Index Core Output, released by National Statistics, excludes volatile items such as food and energy. The Core PPI is generally a better measure of inflation because it excludes those items whose short-term price fluctuations can distort inflationary data.

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