Friday, October 31, 2014

CN NBS Manufacturing PMI

Location: China

Date: 31/10/2014

Time: 01:00


Strength: 3/3

Previous: 51.1

Notes: The Manufacturing Purchasing Managers Index (PMI) released by the China Federation of Logistics and Purchasing (CFLP) studies business conditions 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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US Reuters/Michigan Consumer Sentiment Index

Location: United States

Date: 31/10/2014

Time: 14:55


Strength: 2/3

Previous: 84.6 / Consensus: 85.0

Notes: The Reuters/Michigan Consumer Sentiment Index released by the Reuters/University of Michigan is a survey of personal consumer confidence in economic activity. It shows a picture of whether or not consumers are willing to spend money. Generally speaking, a high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

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US Chicago Purchasing Managers' Index

Location: United States

Date: 31/10/2014

Time: 14:45


Strength: 2/3

Previous: 60.5 / Consensus: 59.5

Notes: The Chicago Purchasing Managers Index released by Kingsbury International captures business conditions across Illinois, Indiana and Michigan. This index is an indicator of business trends and it is interrelated with the ISM manufacturing Index. It is widely used to indicate the overall economic condition in US. A result above 50 is bullish for the USD, whereas a result below 50 is seen as bearish.

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CA Gross Domestic Product (MoM)

Location: Canada

Date: 31/10/2014

Time: 12:30


Strength: 2/3

Previous: 0%

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

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US Personal Spending

Location: United States

Date: 31/10/2014

Time: 12:30


Strength: 2/3

Previous: 0.5% / Consensus: 0.1%

Notes: Personal spending, released by Bureau of Economic Analysis, Department of Commerce, measures purchases of goods and services by households and by nonprofit institutions that serve households from private business.

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US Personal Income (MoM)

Location: United States

Date: 31/10/2014

Time: 12:30


Strength: 2/3

Previous: 0.3% / Consensus: 0.3%

Notes: The Personal Income released by the Bureau of Economic Analysis, Department of Commerce measures the total income received by individuals, from all sources including wages and salaries, interest, dividends, rent, workers' compensation, proprietors' earnings, and transfer payments. This figure can provide insight on the US employment situation. A high reading is positive for the USD, whereas a low reading is negative.

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EMU Unemployment Rate

Location: European Monetary Union

Date: 31/10/2014

Time: 10:00


Strength: 2/3

Previous: 11.5% / Consensus: 11.5%

Notes: The Unemployment Rate released by the Eurostat is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the European Economy. If the rate is up, it indicates a lack of expansion within the European lobar market. As a result, a rise leads to weaken the European economy. Generally speaking, a decrease of the figure is seen as positive (or bullish) for the EUR, while an increase is seen as negative (or bearish).

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EMU Consumer Price Index (YoY)

Location: European Monetary Union

Date: 31/10/2014

Time: 10:00


Strength: 3/3

Previous: 0.3% / Consensus: 0.4%

Notes: The Euro Zone CPI released by the Eurostat captures the changes in the price of goods and services. The CPI is a significant way to measure changes in purchasing trends and inflation in the Euro Zone. Generally, a high reading anticipates a hawkish attitude which will be positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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EMU Consumer Price Index - Core (YoY)

Location: European Monetary Union

Date: 31/10/2014

Time: 10:00


Strength: 3/3

Previous: 0.8%

Notes: The core Consumer Price Index released by Eurostat is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services excluding the volatile components like food, energy, alcohol and tobacco. The core 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 EUR, while a low reading is seen as negative.

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IT Unemployment

Location: Italy

Date: 31/10/2014

Time: 09:00


Strength: 2/3

Previous: 12.3% / Consensus: 12.4%

Notes: The Unemployment Rate released by the National Institute of Statistics is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Italian economy. If the rate is up, it indicates a lack of expansion within the Italian labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Euro, while an increase is seen as negative (or bearish).

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DE Retail Sales (MoM)

Location: Germany

Date: 31/10/2014

Time: 07:00


Strength: 2/3

Previous: 2.5%

Notes: The Retail Sales released by the Statistisches Bundesamt Deutschland is a measure of changes in sales of the German 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. The positive economic growth usually anticipates "Bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR.

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DE Retail Sales (YoY)

Location: Germany

Date: 31/10/2014

Time: 07:00


Strength: 2/3

Previous: 0.1%

Notes: The Retail Sales released by the Statistisches Bundesamt Deutschland is a measure of changes in sales of the German 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. 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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JP BoJ Press Conference

Location: Japan

Date: 31/10/2014

Time: 06:30


Strength: 2/3

Previous:

Notes: Kuroda, BoJ's governor, will give a press conference in order to communicate with investors regarding monetary policy. He talks about the factors that affected the most recent interest rate decision, the overall economic outlook, inflation, and clues regarding future monetary policy.

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JP BoJ outlook report

Location: Japan

Date: 31/10/2014

Time: 06:00


Strength: 2/3

Previous:

Notes: The Bank of Japan decides the text of the Outlook Report in April and October Monetary Policy Meetings and releases it semiannually, after it has presented its outlook for developments in economic activity and prices, has carefully assessed upside and downside risks, and has outlined its views on the future course of monetary policy.

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JP Annualized Housing Starts

Location: Japan

Date: 31/10/2014

Time: 05:00


Strength: 2/3

Previous: 0.845M

Notes: The Annualized Housing Starts released by the Ministry of Land, Infrastructure and Transport captures how many new single-family homes or buildings were constructed. It shows the strength of the Japanese housing market, which can be considered as the economy as a whole due to Housing Starts' sensitivity to changes in the business cycle. A high reading is seen as positive, or bullish for the JPY, while a low reading is seen as negative, or bearish.

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