Location: United Kingdom
Date: 04/02/2014
Time: 09:30
Strength: 2/3
Previous: 62.1
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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Tuesday, February 04, 2014
UK PMI Construction
AU RBA Interest Rate Decision
Location: Australia
Date: 04/02/2014
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: 04/02/2014
Time: 03:30
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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Monday, February 03, 2014
AU House Price Index (QoQ)
Location: Australia
Date: 03/02/2014
Time: 00:30
Strength: 2/3
Previous: 1.9%
Notes: The House Price Index released by the Australian Bureau of Statistics shows changes in housing prices of major cities in Australia. The housing prices are considered as a key indicator for inflationary pressures. A high reading is seen as positive or ( Bullish ) for the AUD, while a low reading is seen as negative ( or Bearish ).
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AU House Price Index (YoY)
Location: Australia
Date: 03/02/2014
Time: 00:30
Strength: 2/3
Previous: 7.6%
Notes: The House Price Index released by the Australian Bureau of Statistics shows changes in housing prices of major cities in Australia. The housing prices are considered as a key indicator for inflationary pressures. A high reading is seen as positive or ( Bullish ) for the AUD, while a low reading is seen as negative ( or Bearish ).
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US ISM Manufacturing PMI
Location: United States
Date: 03/02/2014
Time: 15:00
Strength: 2/3
Previous: 57
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 Construction Spending (MoM)
Location: United States
Date: 03/02/2014
Time: 15:00
Strength: 2/3
Previous: 1%
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 Prices Paid
Location: United States
Date: 03/02/2014
Time: 15:00
Strength: 2/3
Previous: 53.5
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: 03/02/2014
Time: 13:58
Strength: 2/3
Previous:
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 Markit Manufacturing PMI
Location: United Kingdom
Date: 03/02/2014
Time: 09:28
Strength: 2/3
Previous: 57.3
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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EMU Markit Manufacturing PMI
Location: European Monetary Union
Date: 03/02/2014
Time: 08:58
Strength: 2/3
Previous: 52.7
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 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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DE Markit Manufacturing PMI
Location: Germany
Date: 03/02/2014
Time: 08:53
Strength: 2/3
Previous:
Notes: The Manufacturing Purchasing Managers Index (PMI) released by 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 Germany. Normally, a result above 50 signals is bullish for the EUR, whereas a result below 50 is seen as bearish.
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CN HSBC Manufacturing PMI
Location: China
Date: 03/02/2014
Time: 01:45
Strength: 2/3
Previous: 50.5
Notes: The HSBC Manufacturing Purchasing Managers Index (PMI) released by the Markit Economics is an early indicator of economic health in the Chinese manufacturing sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction. As the Chinese economy has influence on the global economy, this economic indicator would have an impact on the Forex market.
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CN Non-manufacturing PMI
Location: China
Date: 03/02/2014
Time: 01:00
Strength: 2/3
Previous: 54.6
Notes: The official non-manufacturing PMI, released by China Federation of Logistics and Purchasing (CFLP), is based on a survey of about 1,200 companies covering 27 industries including construction, transport and telecommunications. It's the level of a diffusion index based on surveyed purchasing managers in the services industry and if it's above 50.0 indicates industry expansion, below indicates contraction.
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AU Building Permits (YoY)
Location: Australia
Date: 03/02/2014
Time: 00:30
Strength: 2/3
Previous: 22.2%
Notes: The Building Permits released by the Australian Bureau of Statistics shows the number of permits for new construction projects. It implies the movement of corporate investments (the Australian economic development). It tends to cause some
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