Wednesday, March 04, 2015

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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EMU Retail Sales (YoY)

Location: European Monetary Union

Date: 04/03/2015

Time: 10:00


Strength: 2/3

Previous: 2.8%

Notes: The Retail Sales released by the Eurostat is a measure of changes in sales of the Euro zone 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. Usually, 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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EMU Retail Sales (YoY)

Location: European Monetary Union

Date: 04/03/2015

Time: 10:00


Strength: 2/3

Previous: 2.8%

Notes: The Retail Sales released by the Eurostat is a measure of changes in sales of the Euro zone 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. Usually, 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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UK Markit Services PMI

Location: United Kingdom

Date: 04/03/2015

Time: 09:30


Strength: 2/3

Previous: 57.2

Notes: The PMI service released by both the Chartered Institute of Purchasing & Supply and the Markit Economics is an indicator of the economic situation in the UK services sector. It captures an overview of the condition of sales and employment. It is worth noting that the UK service sector does not influence, either positively or negatively, the GDP as much as the Manufacturing PMI does. Traders want the highest possible reading as that will be taken as positive for the GBP. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

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UK Markit Services PMI

Location: United Kingdom

Date: 04/03/2015

Time: 09:30


Strength: 2/3

Previous: 57.2

Notes: The PMI service released by both the Chartered Institute of Purchasing & Supply and the Markit Economics is an indicator of the economic situation in the UK services sector. It captures an overview of the condition of sales and employment. It is worth noting that the UK service sector does not influence, either positively or negatively, the GDP as much as the Manufacturing PMI does. Traders want the highest possible reading as that will be taken as positive for the GBP. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

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Tuesday, March 03, 2015

CN HSBC China Services PMI

Location: China

Date: 03/03/2015

Time: 01:45


Strength: 2/3

Previous: 51.8

Notes: The HSBC China Services PMIĆ¢ ¢ is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy.

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CN HSBC China Services PMI

Location: China

Date: 03/03/2015

Time: 01:45


Strength: 2/3

Previous: 51.8

Notes: The HSBC China Services PMI��� is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy.

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JP Markit Services PMI

Location: Japan

Date: 03/03/2015

Time: 01:35


Strength: 2/3

Previous: 51.3

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 JPY. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.

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JP Markit Services PMI

Location: Japan

Date: 03/03/2015

Time: 01:35


Strength: 2/3

Previous: 51.3

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 JPY. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.

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AU Gross Domestic Product (QoQ)

Location: Australia

Date: 03/03/2015

Time: 00:30


Strength: 2/3

Previous: 0.3%

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: 03/03/2015

Time: 00:30


Strength: 2/3

Previous: 0.3%

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 (YoY)

Location: Australia

Date: 03/03/2015

Time: 00:30


Strength: 3/3

Previous: 2.7%

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 (YoY)

Location: Australia

Date: 03/03/2015

Time: 00:30


Strength: 3/3

Previous: 2.7%

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 AiG Performance of Services Index

Location: Australia

Date: 03/03/2015

Time: - Wed


Strength: 2/3

Previous: 49.9

Notes: AiG Performance of Services Index released by the Australian Industry Group presents business conditions in the Australian service sector. The group surveys 200 manufacturers on their assessment of the business situation including employment, production, orders, prices, and inventories, and their short-term planning. A result above 50 is seen as positive (or bullish) for the AUD, whereas a result below 50 is seen as negative (or bearish).

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AU AiG Performance of Services Index

Location: Australia

Date: 03/03/2015

Time: - Wed


Strength: 2/3

Previous: 49.9

Notes: AiG Performance of Services Index released by the Australian Industry Group presents business conditions in the Australian service sector. The group surveys 200 manufacturers on their assessment of the business situation including employment, production, orders, prices, and inventories, and their short-term planning. A result above 50 is seen as positive (or bullish) for the AUD, whereas a result below 50 is seen as negative (or bearish).

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