Wednesday, March 19, 2014

UK Budget Report

Location: United Kingdom

Date: 19/03/2014

Time: 12:30


Strength: 2/3

Previous:

Notes: The Treasury Chancellor presents the economic forecast for next year, containing details about GDP growth estimates, spending and borrowing forecasts as well as fiscal stimulus.

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US MBA Mortgage Applications

Location: United States

Date: 19/03/2014

Time: 11:00


Strength: 2/3

Previous: -2.1%

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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DE 10-y Bond Auction

Location: Germany

Date: 19/03/2014

Time: 10:35


Strength: 2/3

Previous: 1.64%

Notes: Displayed in the calendar is the average yield on the Federal Bonds auctioned by Deutsche Bundesbank. German Federal Bonds have maturities of above then ten years. The yield on the bonos represents the return an investor will receive by holding the bond until maturity. Investors monitor the yield

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UK Average Earnings including Bonus (3Mo/Yr)

Location: United Kingdom

Date: 19/03/2014

Time: 09:30


Strength: 2/3

Previous: 1.1%

Notes: The Average Earing Including Bonus released by the National Statistics is a key short-term indicator of how levels of pay are changing within the U.K. economy. Generally speaking, the positive earnings growth anticipates "Bullish" for the GBP, whereas a low reading is seen

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UK Claimant Count Rate

Location: United Kingdom

Date: 19/03/2014

Time: 09:30


Strength: 2/3

Previous: 3.6%

Notes: The Claimant Count Rate released by the National Statistics is a monthly measure of unemployment in the UK It indicates the health of the UK labor market. If the rate is up, it indicates a lack of expansion within the UK labor market, while it indicates economic expansion and could spark inflationary pressures if the rate is down. Generally, a decrease of the figure is seen as positive (or bullish) for the GBP, while an increase is seen as negative.

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UK ILO Unemployment Rate (3M)

Location: United Kingdom

Date: 19/03/2014

Time: 09:30


Strength: 3/3

Previous: 7.2%

Notes: The ILO Unemployment Rate released by the National Statistics is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the UK Economy. If the rate is up, it indicates a lack of expansion within the U.K. labor market. As a result, a rise leads to weaken the U.K. economy. Generally, a decrease of the figure is positive (or bullish) for the GBP, while an increase is negative.

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UK BOE MPC Vote Hike

Location: United Kingdom

Date: 19/03/2014

Time: 09:30


Strength: 3/3

Previous: 0

Notes: Interest rates are set by the Bank���s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members ��� the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

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UK Average Earnings excluding Bonus (3Mo/Yr)

Location: United Kingdom

Date: 19/03/2014

Time: 09:30


Strength: 2/3

Previous: 1%

Notes: The Average Earing Excluding Bonus released by the National Statistics is a key short-term indicator of how levels of pay are changing within the UK economy. It can be seen as a measure of growth in "basic pay". Generally speaking, the positive earnings growth anticipates positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).

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UK Bank of England Minutes

Location: United Kingdom

Date: 19/03/2014

Time: 09:30


Strength: 3/3

Previous:

Notes: The minutes of the BoE MPC meetings are published two weeks after the interest rate decision. The minutes give a full account of the policy discussion, including differences of view. They also record the votes of the individual members of the Committee. Generally speaking, if the BoE is hawkish about the inflationary outlook for the economy, then the markets see a higher possibility of a rate increase, and that is positive for the GBP.

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UK Claimant Count Change

Location: United Kingdom

Date: 19/03/2014

Time: 09:30


Strength: 2/3

Previous: -27.6K

Notes: The Claimant Count Change released by the National Statistics presents the number of unemployment people in the UK. There is a tendency to influence the GBP

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UK BOE MPC Vote Unchanged

Location: United Kingdom

Date: 19/03/2014

Time: 09:30


Strength: 3/3

Previous: 9

Notes: Interest rates are set by the Bank���s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members ��� the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

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UK BOE MPC Vote Cut

Location: United Kingdom

Date: 19/03/2014

Time: 09:30


Strength: 3/3

Previous: 0

Notes: Interest rates are set by the Bank���s Monetary Policy Committee. The MPC sets an interest rate it judges will enable the inflation target to be met. The Bank's Monetary Policy Committee (MPC) is made up of nine members ��� the Governor, the two Deputy Governors, the Bank's Chief Economist, the Executive Director for Markets and four external members appointed directly by the Chancellor. The appointment of external members is designed to ensure that the MPC benefits from thinking and expertise in addition to that gained inside the Bank of England.

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JP Leading Economic Index

Location: Japan

Date: 19/03/2014

Time: 05:00


Strength: 2/3

Previous: 111.7

Notes: The Leading Economic Index released by the Cabinet Office is an economic indicator that consists of 12 indexes such as account inventory ratios, machinery orders, stock prices and other leading economic indicators. It shows the performance of the Japanese Economy over the short and mid-term. Generally speaking, a result above 50 is positive (or bullish) for the JPY, whereas a result below 50 is seen as bearish.

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JP Coincident Index

Location: Japan

Date: 19/03/2014

Time: 05:00


Strength: 2/3

Previous: 112.3

Notes: The Coincident Index released by the Cabinet Office is a single summary statistic that tracks the current state of the Japanese economy. A rise in the index indicates an expansion of economic activity and a decline in the index indicates a contraction in economic activity. Generally speaking, a result that values above 50% signals appreciates (or is bullish for) the JPY, whereas a result that values below 50% is seen as negative (or bearish).

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JP All Industry Activity Index (MoM)

Location: Japan

Date: 19/03/2014

Time: 04:30


Strength: 2/3

Previous: -0.1%

Notes: The All Industry Activity Index released by the Ministry of Economy, Trade and Industry captures the monthly change in overall production by all industries of the Japanese economy. The index indicates the Japanese GDP and the overall growth figures, providing insight into current levels of Japanese economic expansion. Normally, 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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