Forex calendar
Monday, 29 March 2010
| Time | Currency | Economic impact | Event | Prev. | Forecast | Fact. |
|---|---|---|---|---|---|---|
| 02:00 | AUD | low | HIA New Home Sales (MoM) | -9.5% | -5.2% | |
| HIA New Home Sales released by the Housing Industry Association presents the number of new home sales in Australia. It indicates the housing market condition. House buyers spend money on furnishing and financing their homes, which stimulates the demand for goods, services, and the employees. Thus, a high reading is seen as bullish (or positive) for the AUD, whereas a low reading is seen as bearish (or negative). | ||||||
| 08:30 | GBP | low | Consumer Credit | -£0. | £0.4 | £0.5 |
| The Consumer Credit released by the Bank of England is an amount of money that individuals borrowed in the previous month. It shows if consumers can afford large expenses, which can fuel economic growth. However, a high figure may also indicate that the economy is overheating, as consumers borrow in order to live beyond their means. A high reading is seen as positive for the GBP, whereas a low reading is seen as negative. | ||||||
| 08:30 | GBP | low | M4 Money Supply (MoM) | 0.2% | 0.2% | |
| M4 Money is widely referred as "broad money" or simply "money supply". The M4 Money Supply released by the Bank of England measures all the sterling in circulation, encompassing notes and coins as well as money held in bank accounts. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rates. Normally, an acceleration of the M4 money is considered as positive for the GBP, whereas a decline is negative. | ||||||
| 08:30 | GBP | low | M4 Money Supply (YoY) | 5% | 3.9% | |
| M4 Money is widely referred as "broad money" or simply "money supply". The M4 Money Supply released by the Bank of England measures all the sterling in circulation, encompassing notes and coins as well as money held in bank accounts. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rates. Normally, an acceleration of the M4 money is considered as positive for the GBP, whereas a decline is negative. | ||||||
| 08:30 | GBP | medium | Mortgage Approvals | 48K | 48K | 47K |
| The Mortgage Approvals released by the Bank of England presents the number of various Mortgage Approvals. It is considered as a leading indicator of the UK Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall UK economy. Generally, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish). | ||||||
| 08:30 | GBP | low | Net Lending to Individuals | £2B | £1.8 | £2.1 |
| UK Net Lending to Individuals released by the Bank of England is a monthly measure of growth rates, amounts outstanding and changes in total lending to individuals, divided into lending secured on dwellings and consumer credit. It shows a picture of whether or not consumers are willing to spend money. A high reading is positive for the GBP, while a low reading is negative. | ||||||
| 09:00 | EUR | medium | Consumer Confidence | -17 | -17 | -17 |
| The Consumer Confidence released by the European Commision is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish). | ||||||
| 09:00 | EUR | low | Economic Confidence | 95.9 | 97 | 97.7 |
| The Euro Zone Economic Confidence released by the European Commision is a survey of consumers confidence in economic activity. It indicates the trend of the overall Euro Zone economy. An optimistic view of consumers is considered as positive for the EUR, whereas a pessimistic view is considered as negative. | ||||||
| 09:00 | EUR | low | Industrial Confidence | -13 | -11 | -10 |
| The Industrial Confidence released by the European Commission is an index that measures the level of industrial executives confidence in economic activity. The survey asks about orders and buildup of inventories. A high level of industrial confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish). | ||||||
| 12:00 | EUR | medium | Consumer Price Index (MoM) | 0.4% | 0.3% | 0.5% |
| The Germany consumer price index released by the Statistiches Bundesamt Deutschland measures the average price change for all goods and services purchased by households for consumption purposes. CPI is the main indicator to measure inflation and changes in purchasing trends. A high reading is positive (or Bullish) for the EUR, while a low reading is negative (or bearish). | ||||||
| 12:00 | EUR | high | Consumer Price Index (YoY) | 0.6% | 1.1% | |
| The Germany consumer price index released by the Statistiches Bundesamt Deutschland measures the average price change for all goods and services purchased by households for consumption purposes. CPI is the main indicator to measure inflation and changes in purchasing trends. A high reading is positive (or Bullish) for the EUR, while a low reading is negative (or bearish). | ||||||
| 12:30 | USD | medium | Core Personal Consumption Expenditure - Prices Index (MoM) | 0.1% | 0.1% | |
| The Core Personal Consumption Expenditure released by the US Bureau of Economic Analysis is an average amount of money that consumers spend in a month. "Core" excludes seasonally volatile products such as food and energy in order to capture an accurate calculation of the expenditure. It is a significant indicator of inflation. A high reading is bullish for the USD, while a low reading is bearish. | ||||||
| 12:30 | USD | medium | Core Personal Consumption Expenditure - Prices Index (YoY) | 1.4% | 1.3% | 1.3% |
| The Core Personal Consumption Expenditure released by the US Bureau of Economic Analysis is an average amount of money that consumers spend in a month. "Core" excludes seasonally volatile products such as food and energy in order to capture an accurate calculation of the expenditure. It is a significant indicator of inflation. A high reading is bullish for the USD, while a low reading is bearish. | ||||||
| 12:30 | USD | medium | Personal Consumption Expenditure Deflator | 2.1% | 1.8% | 1.8% |
| Price changes may cause consumers to switch from buying one good to another and the PCE Deflator has the ability to account for such substitutions. This makes it the preferred measure of inflation for the Federal Reserve and it's released by the Commerce Department. | ||||||
| 12:30 | USD | medium | Personal Income (MoM) | 0.3% | 0.1% | |
| 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. | ||||||
| 12:30 | USD | high | Personal Consumption Expenditures (MoM) | 0.5% | 0.3% | 0.3% |
| The Personal Spending released by the Bureau of Economic Analysis, Department of Commerce is an indicator that measures the total expenditure by individuals. The level of spending can be used as an indicator of consumer optimism. It is also considered as a measure of economic growth: While the Personal spending stimulates inflationary pressures, it could lead to rise interest rates. A high reading is positive (or Bullish) for the USD. | ||||||
| 14:00 | USD | low | Treasury's Geithner Speech | |||
| Timothy Geithner became the 75th Secretary of the US Department of Treasury in 2009. He gives a press conference as to how the Treasury Secretary observes the current US economy. His comments may determine a short-term positive or negative trend. Normally, if he shows a hawkish outlook, that is seen as positive (or bullish) for the USD, while a dovish is seen as negative (or bearish). | ||||||
| 14:00 | — | MNB Interest Rate Decision | 5.75% | 5.5% | 5.5% | |
| The Interest Rate Decision is announced by the Magyar Nemzti Bank. If the bank is hawkish about the inflationary outlook of the economy and rises the interest rates, it is seen as positive, or bullish, for the HUF, while a dovish outlook for the economy (or a rate cut) is seen as negative, or bearish, for the currency. | ||||||
| 21:45 | NZD | low | Building Permits (MoM) | -2.8% | 2.1% | 5.9% |
| The Building Permits released by the Statistics New Zealand show the number of permits for new construction projects. It is considered as a leading indicator for the housing market. The more growing number of permits, the more positive (or bullish) for the NZD, while a low reading is seen as negative, or bearish. | ||||||
| 23:30 | JPY | medium | Jobless Rate | 4.9% | 4.9% | 4.9% |
| The Jobless Rates data which comes from the Ministry of Health, Labour and welfare and it's published by the Japan Statistics Bureau, is a measure of the percentage of unemployed in Japan. A high percentage indicates weakness in the labor market which influences the strength and direction of the Japanese economy. Therefore, a low percentage should be taken as positive or bullish for the JPY. | ||||||
| 23:30 | JPY | low | Overall Household Spending (YoY) | 1.7% | 1.5% | -0.5% |
| The Overall Household Spending released by the Ministry of Internal Affairs and Communications is an indicator that measures the total expenditure by households. The level of spending can be used as an indicator of consumer optimism. It is also considered as a measure of economic growth. A high reading is positive (or Bullish) for the JPY, while a low reading is negative (or bearish). | ||||||
| 23:50 | JPY | low | Industrial Production (MoM) | 2.7% | -0.4% | -0.9% |
| The Industrial Production released by the Ministry of Economy, Trade and Industry measures outputs of the Japanese factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. A high reading is seen as bullish for the JPY, whereas a low reading is seen as bearish. | ||||||
| 23:50 | JPY | low | Industrial Production (YoY) | 18.5% | 31.7% | 31.3% |
| The Industrial Production released by the Ministry of Economy, Trade and Industry measures outputs of the Japanese factories and mines. Changes in industrial production are widely followed as a major indicator of strength in the manufacturing sector. A high reading is seen as bullish for the JPY, whereas a low reading is seen as bearish. | ||||||
Tuesday, 30 March 2010
| Time | Currency | Economic impact | Event | Prev. | Forecast | Fact. |
|---|---|---|---|---|---|---|
| 02:00 | NZD | low | M3 Money Supply (YoY) | -4.5% | -5.1% | |
| The M3 Money Supply released by the Reserve Bank of New Zealand measures all the New Zealand Dollars in circulation, encompassing notes and coins as well as money held in bank accounts. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rates. An acceleration of the M3 money is considered as positive for the NZD, whereas a decline is as negative. | ||||||
| 04:00 | JPY | low | Vehicle Production (YoY) | 8.6% | 74.9% | |
| This data, scheduled by the JAMA, measures the number of vehicle productions in Japan. As the Japanese car industry dominates a large part of total GDP,the Vehicle Production is an important indicator of business conditions and the overall economic condition in Japan. The more growing number of productions, the more positive (or bullish) for the JPY, while a low reading is seen as negative, or bearish. | ||||||
| 06:00 | EUR | low | Import Price Index (MoM) | 1.7% | 0.5% | 1% |
| The Import Price Index informs the changes in the price of import products into Germany. It's released by Destatis. The higher the cost of imported goods, the stronger the effect they will have on inflation, redounding in a higher probability of a rate rise by the ECB. Therefore, a high reading should be taken as positive for the EUR. | ||||||
| 06:00 | EUR | low | Import Price Index (YoY) | 1.4% | 2.1% | 2.6% |
| The Import Price Index informs the changes in the price of import products into Germany. It's released by Destatis. The higher the cost of imported goods, the stronger the effect they will have on inflation, redounding in a higher probability of a rate rise by the ECB. Therefore, a high reading should be taken as positive for the EUR. | ||||||
| 06:00 | CHF | medium | UBS Consumption Indicator | 1.32 | 1.2 | |
| Indicator published by UBS, is a leading indicator of private consumption trends, which is the most important component of Swiss GDP. The index is based in five components which are: new car sales, business activity in the retail sector, the number of domestic hotel overnights by Swiss nationals, the consumer sentiment index and credit card transactions via UBS points of sale in Switzerland. A higher than expected reading is bullish for the Swiss franc, while below the market consensus the result is bearish. | ||||||
| 06:00 | GBP | medium | Nationwide Housing Prices s.a (MoM) | -1% | 0.7% | |
| The Nationwide Housing Prices shows the value of the houses prices in UK and indicate current movements in the housing market that is considered as a sensitive factor to the UK's economy. A high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish). | ||||||
| 06:00 | GBP | medium | Nationwide Housing Prices n.s.a (YoY) | 9.2% | 9% | |
| The Nationwide Housing Prices shows the value of the houses prices in UK and indicate current movements in the housing market that is considered as a sensitive factor to the UK's economy. A high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish). | ||||||
| 08:30 | GBP | low | Current Account | -£5. | -£4. | -£1. |
| The Current Account released by the National Statistics is a net flow of current transactions, including goods, services, and interest payments into and out of the UK. A current account surplus indicates that the flow of capital into the UK exceeds the capital reduction. A high reading is seen as positive (or Bullish) for the GBP, whereas a low reading is seen as negative (or Bearish). | ||||||
| 08:30 | GBP | medium | Gross Domestic Product (QoQ) | -0.3% | 0.3% | 0.4% |
| The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity and health. A rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish). | ||||||
| 08:30 | GBP | medium | Gross Domestic Product (YoY) | -5.3% | -3.3% | -3.1% |
| The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity and health. A rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish). | ||||||
| 12:30 | CAD | low | Industrial Product Price (MoM) | 0.3% | ||
| The Industrial Product Price released by the Statistics Canada measure price changes for major commodities sold by Canadian manufactures. Changes in the IPP are widely followed as an indicator of commodity inflation. A high reading is seen as positive (or bullish) for the CAD, whereas a low reading is seen as negative (or bearish). | ||||||
| 12:30 | CAD | low | Raw Material Price Index | 3.3% | -1% | 0.4% |
| Raw Material Price Index released by the Statistics Canada measures the prices of key raw materials paid by Canadian manufacturers. The RMPI is an early indicator to measure inflation and changes in material prices. A high reading is seen as positive or bullish for the CAD, while a low reading is seen as negative or bearish. | ||||||
| 13:00 | USD | medium | S&P/Case-Shiller Home Price Indices | -3.1% | -0.5% | -0.7% |
| The S&P/Case-Shiller Home Price Indices released by the Standard & Poor's examines changes in the value of the residential real estate market in 20 regions across the US. This report serves as an indicator for the health of the US housing market. A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative, or bearish. | ||||||
| 14:00 | USD | high | Consumer Confidence | 46 | 50.3 | 52.5 |
| The Consumer Confidence released by the Conference Board captures the level of confidence that individuals have in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is also positive for the USD, while a low reading is negative. | ||||||
| 20:30 | USD | low | API Crude Oil Inventories | 7.514M | 421M | |
| API Crude Oil Inventories released by the API is a measure of change in crude oil storage. This report indicates the oil demand and the price volatility. As the oil prices have an impact on worldwide economy, some volatility for the currencies is expected, specially for the CAD. We usually have to take into account that Canada is the world's fourteenth largest producer of oil so a strong oil demand appreciates, or is bullish for the CAD. | ||||||
| 21:00 | USD | low | ABC/Washington Post Consumer Confidence | -44 | -45 | |
| The ABC/Washington Post Consumer Confidence released by ABC News and the Washington Post captures the level of confidence that individuals have in economic activity reflecting respondents' evaluations of their personal financial situation. Generally, a high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish). | ||||||
| 23:01 | GBP | medium | Gfk Consumer Confidence | -14 | -13 | -15 |
| The GfK Group Consumer Confidence is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is positive for the GBP, while a low reading is bearish. | ||||||
| 23:15 | JPY | low | PMI Manufacturing Index | 33.8 | 52.4 | |
| The Manufacturing Purchasing Managers Index (PMI) captures business conditions in the manufacturing sector. The Manufacturing PMI is an important indicator of business conditions and the overall economic condition in Japan. 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). | ||||||
Wednesday, 31 March 2010
| Time | Currency | Economic impact | Event | Prev. | Forecast | Fact. |
|---|---|---|---|---|---|---|
| 00:30 | AUD | low | Building Permits (MoM) | -7% | 2.2% | -3.3% |
| 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 volatility to the AUD. The more growing number of permits, the more positive (or bullish) for the AUD. | ||||||
| 00:30 | AUD | low | Building Permits (YoY) | 47.6% | 38.1% | 34.2% |
| 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 volatility to the AUD. The more growing number of permits, the more positive (or bullish) for the AUD. | ||||||
| 00:30 | AUD | low | Private Sector Credit (MoM) | 0.3% | 0.4% | 0.4% |
| The Private Sector Credit released by the Reserve Bank of Australia is an amount of money that the Australian private sector borrows. It shows if the private sector can afford large expenses, which can fuel economic growth. It is considered as an indicator of business conditions and the overall economic condition in Australia. Generally, a high reading is seen as positive (or Bullish) for the AUD, whereas a low reading is seen as negative. | ||||||
| 00:30 | AUD | low | Private Sector Credit (YoY) | 0.8 | 1.5 | 1.6 |
| The Private Sector Credit released by the Reserve Bank of Australia is an amount of money that the Australian private sector borrows. It shows if the private sector can afford large expenses, which can fuel economic growth. It is considered as an indicator of business conditions and the overall economic condition in Australia. Generally, a high reading is seen as positive (or Bullish) for the AUD, whereas a low reading is seen as negative. | ||||||
| 00:30 | AUD | medium | Retail Sales Trend (MoM) | 1.2% | 0.3% | -1.4% |
| 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 performance of the retail sector over the short and mid-term. Positive economic growth anticipates bullish trends for the AUD, while a low reading is seen as negative or bearish. | ||||||
| 02:00 | NZD | high | Business Confidence | 50.1 | 42.5 | |
| The Business Confidence released by the National Bank of New Zealand shows the business outlook in New Zealand. The Business Confidence allows analysis of economic situation in the short term. Increasing numbers indicates increases in business investment that lead to higher levels of output. Thus, a high reading is seen as positive (or bullish) for the NZD, while a low reading is seen as negative (or bearish). | ||||||
| 05:00 | JPY | low | Annualized Housing Starts | 0.863M | 0.865M | 0.794M |
| 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. | ||||||
| 05:00 | JPY | medium | Housing Starts (YoY) | -8.1% | -0.8% | -9.3% |
| The 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. Generally speaking, a high reading is seen as positive, or bullish for the JPY, while a low reading is seen as negative, or bearish. | ||||||
| 07:55 | EUR | medium | Unemployment Change | 7K | 8K | -31K |
| The Unemployment Change released by the Bundesagentur für Arbeit and published by the German Statistics Office is a measure of the change in the number of unemployed people in Germany. A rise in this indicator has negative implications for consumer spending which encourages economic growth. A high reading is seen as negative (or bearish) for the EUR, while a low reading is seen as positive (or bullish). | ||||||
| 07:55 | EUR | medium | Unemployment Rate s.a. | 8.1% | 8.4% | 8% |
| The Unemployment Rate released by the Bundesagentur für Arbeit and published by the German Statistics Office shows , in a percent basis, the amount of unemployed people in Germany. A decrease in this indicator has positive implications for consumer spending which stimulates economic growth. A decrease of the figure is bullish for the EUR, while an increase is bearish. | ||||||
| 09:00 | EUR | medium | Consumer Price Index (YoY) | 0.9% | 1.1% | 1.5% |
| 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). | ||||||
| 09:00 | EUR | medium | Unemployment Rate | 9.9% | 10% | 10% |
| 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. A decrease of the figure is seen as positive (or bullish) for the EUR, while an increase is seen as negative (or bearish). | ||||||
| 09:30 | CHF | medium | KOF Leading Indicator | 1.9 | 1.91 | 1.93 |
| The KOF Swiss Leading Indicator is released by the Konjunkturforschungsstelle Swiss Institute for Business Cycle Research and it's a joint survey with leading indicator which measures future trends of the overall economic activity. It captures the movement of GDP growth and the economic trend in Switzerland. An optimistic view is considered as bullish for the CHF, whereas a pessimistic view is considered as bearish. | ||||||
| 11:00 | USD | low | MBA Mortgage Applications | -4.2% | 1.3% | |
| 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). | ||||||
| 12:15 | USD | medium | ADP Employment Change | -24K | 41K | -23K |
| The Employment Change released by the Automatic Data Processing, Inc is a measure of the change in the number of employed people in the US Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth. Therefore, a high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish. | ||||||
| 12:30 | CAD | high | Gross Domestic Product (MoM) | 0.5% | 0.5% | 0.6% |
| 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. A rising trend has a positive effect on the CAD, while a falling trend is seen as negative (or bearish) for the CAD. | ||||||
| 13:45 | USD | medium | Chicago Purchasing Managers' Index | 62.6 | 61.9 | 58.8 |
| The Chicago Purchasing Managers Index released by the 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. | ||||||
| 14:00 | USD | medium | Factory Orders | 2.5% | 0.5% | 0.6% |
| The Factory orders released by the US Census Bureau is a measure of the total orders of durable and non durable goods such as shipments (sales), inventories and orders at the manufacturing level which can offer insight into inflation and growth in the manufacturing sector. A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish). | ||||||
| 14:30 | USD | low | EIA Crude Oil Stocks change | 7.3M | 2.4M | 2.9M |
| EIA Crude Oil Stock is a measure of change in crude oil storage and it's released by the Energy Information Administration. This report indicates the oil demand and the price volatility. As the oil prices have an impact on worldwide economy, some volatility for the currencies, specially for the CAD is expected. We have to take into account that Canada is the world's fourteenth largest producer of oil so a strong oil demand appreciates, or is bullish for the CAD. | ||||||
| 22:30 | AUD | low | AiG Performance of Mfg Index | 53.8 | 50.2 | |
| AiG performance of the Mfg Index released by the Australian Industry Group presents business conditions in the Australian manifucturing 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). | ||||||
| 23:15 | JPY | low | Nomura/ JMMA Manufacturing Puchasing Manager Index | 52.5 | ||
| The Nomura/JMMA Manufacturing PMI gives an early snapshot of the health of manufacturing sector in Japan. The Manufacturing PMI is a significant indicator of business conditions and the overall economic condition in Japan. A result above 50 signals appreciation and is bullish for the JPY, whereas a result below 50 is seen as bearish. | ||||||
| 23:50 | JPY | low | Tankan Large All Industry Capex | -10.8% | -14% | -0.4% |
| The Tankan Large All Industry Capital Expenditure released by the Bank of Japan measures capital expenditure (capex) of all the Japanese industries except the financial industry. The Capex is considered as an early indicator of productively growth. A high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish). | ||||||
| 23:50 | JPY | medium | Tankan Large Manufacturing Index | -24 | -14 | -14 |
| The Tankan Large Manufacturing Index released by the Bank of Japan presents overall business conditions of the large manufacturing companies in Japan. It is an indicator of the Japanese economy as Japan heavily relies on the manufacturing industry that leads growth for the export-oriented economy. A result above the 0 level is seen as positive (or bullish) for the JPY, whereas a result below 0 is seen as negative (or bearish). | ||||||
| 23:50 | JPY | medium | Tankan Large Manufacturing Outlook | -21 | -8 | -8 |
| The Tankan large Manufacturing Outlook released by the Bank of Japan shows forecasts of the growth in the Manufacturing sector for the next quarter. It is considered as an indicator of future business expectations. A high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish). | ||||||
| 23:50 | JPY | low | Tankan Non - Manufacturing Index | -22 | -17 | -14 |
| The Tankan Non-Manufacturing Index released by the Bank of Japan presents overall conditions of the service industry in Japan. It is an indicator for both the growth of domestic demand and the health of the non-export sector. A result above the 0 level is seen as positive (or bullish) for the JPY, whereas a result below 0 is seen as negative (or bearish). | ||||||
| 23:50 | JPY | low | Tankan Non - Manufacturing Outlook | -17 | -15 | -10 |
| The TanKan Non-manufacturing Outlook released by the Bank of Japan shows forecasts of the growth in the Non-Manufacturing sector in the next quarter. It is considered as an indicator of future business expectations. A high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish). | ||||||
Thursday, 01 April 2010
| Time | Currency | Economic impact | Event | Prev. | Forecast | Fact. |
|---|---|---|---|---|---|---|
| 00:00 | JPY | low | Vehicle Sales (YoY) | 35% | ||
| Vehicle sales released by the Japan Automobile Manufacturers Association measures vehicle sales. It is worth noting that vehicle sales are a large component of the overall Japanese economy. A high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish). | ||||||
| 00:30 | AUD | medium | Trade Balance | -1.18B | -1.37B | -1.92B |
| 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. | ||||||
| 01:00 | CNY | low | Manufacturing PMI | 52 | 55.2 | 55.1 |
| 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. | ||||||
| 02:30 | CNY | — | HSBC Manufacturing PMI | 55.8 | 57 | |
| 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. | ||||||
| 05:00 | JPY | — | Vehicle Sales (YoY) | 35.1% | 37% | |
| Vehicle sales released by the Japan Automobile Manufacturers Association measures vehicle sales. It is worth noting that vehicle sales are a large component of the overall Japanese economy. A high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish). | ||||||
| 05:30 | AUD | medium | RBA Commodity Index SDR (YoY) | -9.7% | 1.4% | |
| The RBA Commodity Price SDR released by the Reserve Bank of Australia is considered as an early indicator of export price changes. The price changes influence GDP and exchange rates. An increase in prices may indicate strength of the AUD, while a decrease in prices may indicate weakness of the AUD. A high reading is seen as bullish for the AUD, whereas a low reading is seen as bearish. | ||||||
| 06:00 | EUR | medium | Retail Sales (MoM) | 0.3% | -0.4% | |
| 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. | ||||||
| 06:00 | EUR | medium | Retail Sales (YoY) | -3.4% | -0.9% | |
| 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. | ||||||
| 07:30 | CHF | low | SVME - Purchasing Managers' Index | 57.4 | 59.1 | 65.5 |
| The SVME Manufacturing Purchasing Managers Index (PMI) released by the Schweizerischer Verband für Materialwirtschaft und Einkauf captures business conditions in the manufacturing sector. The Manufacturing PMI is an important indicator of production growth in Switzerland. A result that values above 50 signals appreciates (or is bullish for) the CHF, whereas a result that values below 50 is seen as negative (or bearish). | ||||||
| 07:55 | EUR | medium | Purchasing Manager Index Manufacturing | 59.6 | 59.6 | 60.2 |
| 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 Germany. Normally, a result above 50 signals is bullish for the EUR, whereas a result below 50 is seen as bearish. | ||||||
| 08:00 | EUR | medium | Purchasing Manager Index Manufacturing | 56.3 | 56.3 | 56.6 |
| 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. A result above 50 signals is bullish for the EUR, whereas a result below 50 is seen as bearish. | ||||||
| 08:30 | GBP | medium | Purchasing Manager Index Manufacturing | 56.6 | 56.8 | 57.2 |
| 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. | ||||||
| 12:30 | USD | low | Continuing Jobless Claims | 4648K | 4662K | |
| The Counting Jobless Claims released by the US Department of Labor measure the number of individuals who are unemployed and are currently receiving unemployment benefits. It presents the strength in the labor market. A rise in this indicator has negative implications for consumer spending which discourage economic growth. Generally speaking, a high reading is seen as negative, or bearish for the USD, while a low reading is seen as positive, or bullish. | ||||||
| 12:30 | USD | medium | Initial Jobless Claims | 445K | 444K | 439K |
| The Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance. In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy. Generally speaking, a decreasing number should be taken as positive or bullish for the USD. | ||||||
| 14:00 | USD | low | Construction Spending (MoM) | -1.4% | -1.5% | -1.3% |
| 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. | ||||||
| 14:00 | USD | high | ISM Manufacturing | 56.5 | 57.2 | 59.6 |
| 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). | ||||||
| 23:50 | JPY | low | Monetary Base (YoY) | 2.2% | 2.3% | 2.1% |
| The Monetary Base released by the Bank of Japan is the "Currency Supplied by the BoJ" including all the JPY in circulation, encompassing notes and coins as well as money held in bank accounts. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rates. An acceleration of monetary base is considered as positive for the JPY, whereas a decline is seen as negative. | ||||||
Friday, 02 April 2010
| Time | Currency | Economic impact | Event | Prev. | Forecast | Fact. |
|---|---|---|---|---|---|---|
| 00:00 | AUD | — | Good Friday | |||
| Banks will be closed due to Good Friday holiday. | ||||||
| 00:00 | CHF | — | Good Friday | |||
| Banks will be closed due to Good Friday bank holiday. | ||||||
| 00:00 | CAD | — | Good Friday | |||
| Banks will be closed in observance of Good Friday Bank Holiday. | ||||||
| 00:00 | EUR | — | Good Friday | |||
| Banks will be closed due to Good Friday bank holiday. | ||||||
| 00:00 | GBP | — | Good Friday | |||
| Banks will be closed in observance of Good Friday bank holiday. | ||||||
| 12:30 | USD | medium | Average Hourly Earnings (MoM) | 0.1% | 0.2% | -0.1% |
| The Average Hourly Earning released by the Bureau of Labor Statistics of the US Department of Labor is a significant indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to when setting interest rates. A high reading is also positive for the USD, while a low reading is negative. | ||||||
| 12:30 | USD | medium | Average Hourly Earnings (YoY) | 1.9% | 1.8% | |
| The Average Hourly Earning released by the Bureau of Labor Statistics of the US Department of Labor is a significant indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to when setting interest rates. A high reading is also positive for the USD, while a low reading is negative. | ||||||
| 12:30 | USD | low | Average Weekly Hours | 33.1 | 34 | |
| The Average Weekly Hours released by the Bureau of Labor Statistics of the US Department of Labor is an indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to when setting interest rates. Excessive volatility is expected. | ||||||
| 12:30 | USD | high | Nonfarm Payrolls | -14K | 187K | 162K |
| The nonfarm payrolls released by the Bureau of Labor Statistics of the US Department of Labor is one of the most important data. The report presents the number of people on the payrolls of all non-agricultural businesses. The monthly changes in payrolls can be excessively volatile. A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish). | ||||||
| 12:30 | USD | high | Unemployment Rate | 9.7% | 9.7% | 9.7% |
| The Unemployment Rate released by the Bureau of Labor Statistics of the US Department of Labor is the number of unemployed workers divided by the total civilian labor force. If the rate is up, it indicates a lack of expansion within the US economy. Therefore, a decrease of the figure is seen as positive (or bullish) for the USD, while an increase is seen as negative (or bearish). | ||||||
