Wednesday, September 04, 2013

DE Markit Services PMI

Location: Germany

Date: 04/09/2013

Time: 8:53 - 9:53


Strength: 2/3

Previous: 51.3

Notes: The Services PMI released by Markit Economics interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

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IT Markit Services PMI

Location: Italy

Date: 04/09/2013

Time: 8:43 - 9:43


Strength: 2/3

Previous: 48.7

Notes: The Services PMI released by the Markit Economics is an indicator of the economic situation in Italian services sector. It captures an overview of the condition of sales and employment. Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually a result above 50 is bullish for the Euro, whereas a result below 50 is seen as bearish.

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AU Gross Domestic Product (YoY)

Location: Australia

Date: 04/09/2013

Time: 2:30 - 3:30


Strength: 2/3

Previous: 2.5%

Notes: The Gross Domestic Product released by the Australian Bureau of Statistics is a measure of the total value of all goods and services produced by Australia. The GDP is considered as a broad measure of Swiss economic activity and health. A rising trend has a positive effect on the AUD, while a falling trend is seen as negative ( or bearish ) for the AUD.

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AU Gross Domestic Product (QoQ)

Location: Australia

Date: 04/09/2013

Time: 2:30 - 3:30


Strength: 2/3

Previous: 0.6%

Notes: The Gross Domestic Product released by the Australian Bureau of Statistics is a measure of the total value of all goods and services produced by Australia. The GDP is considered as a broad measure of Swiss economic activity and health. A rising trend has a positive effect on the AUD, while a falling trend is seen as negative ( or bearish ) for the AUD.

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AU Trade Balance

Location: Australia

Date: 04/09/2013

Time: 2:30 - 3:30


Strength: 2/3

Previous: 602M

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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Tuesday, September 03, 2013

US Construction Spending (MoM)

Location: United States

Date: 03/09/2013

Time: 15:00 - 16:00


Strength: 2/3

Previous: -0.6%

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 Markit Manufacturing PMI

Location: United States

Date: 03/09/2013

Time: 13:58 - 14:58


Strength: 2/3

Previous: 53.7

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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UK PMI Construction

Location: United Kingdom

Date: 03/09/2013

Time: 9:30 - 10:30


Strength: 2/3

Previous: 57

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 Rate Statement

Location: Australia

Date: 03/09/2013

Time: 5:30 - 6:30


Strength: 2/3

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 RBA Interest Rate Decision

Location: Australia

Date: 03/09/2013

Time: 5:30 - 6:30


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 Current Account Balance

Location: Australia

Date: 03/09/2013

Time: 2:30 - 3:30


Strength: 2/3

Previous: -8.5B

Notes: The Current Account Balance released by the Australian Bureau of Statistics is a net flow of current transactions, including goods, services, and interest payments into and out of Australia. A current account surplus indicates that the flow of capital into Australia exceeds the capital reduction. A high reading is seen as positive (or Bullish) for the AUD, whereas a low reading is seen as negative ( or Bearish).

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AU Retail Sales s.a. (MoM)

Location: Australia

Date: 03/09/2013

Time: 2:30 - 3:30


Strength: 2/3

Previous: 0%

Notes: The Retail Sales released by the Australian Bureau of Statistics is a survey of goods sold by retailers is based on a sampling of retail stores of different types and sizes and it's considered as an indicator of the pace of the Australian economy. It shows the

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UK Markit Manufacturing PMI

Location: United Kingdom

Date: 03/09/2013

Time: 9:28 - 10:28


Strength: 2/3

Previous: 54.6

Notes: The Manufacturing Purchasing Managers Index (PMI) released by both the Chartered Institute of Purchasing & Supply and 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 UK. A result above 50 signals is bullish for the GBP, whereas a result below 50 is seen as bearish.

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Monday, September 02, 2013

EMU Markit Manufacturing PMI

Location: European Monetary Union

Date: 02/09/2013

Time: 8:58 - 9:58


Strength: 2/3

Previous: 50.3

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 Euro Zone. Usually a result above 50 signals is bullish for the EUR, whereas a result below 50 is seen as bearish.

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AU TD Securities Inflation (YoY)

Location: Australia

Date: 02/09/2013

Time: 1:30 - 2:30


Strength: 2/3

Previous: 2.7%

Notes: TD Securities Inflation released by The University of Melbourne - Faculty of Economics and Commerce estimates inflation in the Australian economy. The higher inflation, the stronger the effect it will have on a probability of a rate hike by the RBA. Generally speaking, a high reading should be taken as positive, or bullish, for the AUD, while a low reading is seen as negative or bearish.

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