Calendrier Forex
Monday, 20 September 2010
| Time | Currency | Economic impact | Event | Prev. | Forecast | Fact. |
|---|---|---|---|---|---|---|
| 00:00 | JPY | nul | Respect-for-the-Aged Day Bank Holiday | |||
| Banks will be closed due to Respect-for-the-Aged Day bank holiday. | ||||||
| 08:30 | GBP | bas | M4 Money Supply (YoY) | 2.3% | 1.8% | |
| 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 | moyen | Mortgage Approvals | 47K | 46K | 45K |
| 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 | bas | M4 Money Supply (MoM) | 0.4% | 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. | ||||||
| 12:30 | CAD | bas | Wholesale Sales (MoM) | -0.3% | 0.2% | -0.1% |
| The Wholesale Sales released by the Statistic Canada shows value of sales made by wholesalers in Canada. Generally, a growing number in wholesales indicates increases in retail trade and consumption, that is seen as positive or bullish for the CAD, while a declining number indicates the weakened retail sectors, consumption, and the economy in Canada, that is seen as negative or bearish for the currency. | ||||||
| 12:30 | CAD | bas | Canadian Investment in Foreign Securities | -$4B | $2.99B | |
| The Canadian investment in foreign securities released by the Statistics Canada shows the movements of outcoming investments (money market, stocks and bonds) from Canada. It also indicates the climate of Canadian investors into foreign securities. This event causes volatility in the CAD. Normally, an increasing number of investments is seen as positive prospect of the Canadian economy (or bullish sentiment for the CAD). | ||||||
| 12:30 | CAD | bas | Foreign investment in Canadian securities | $5.39B | $8.11B | $5.48B |
| The International Securities released by the Statistics Canada shows the movements of incoming and outcoming investments (money market, stocks and bonds) from Canada. It also indicates the climate of foreign investors into Canadian securities and the CAD itself. This event causes volatility in the CAD. Generally, an increasing number of investments is seen as positive prospect of the Canadian economy (or bullish sentiment for the CAD). | ||||||
| 14:00 | USD | bas | NAHB Housing Market Index | 13 | 14 | 13 |
| NAHB Housing Market Index is released by the National Association of Home Builders. It presents home sales and expected home buildings in the future indicating housing market trend in the United States. The growth rate of the housing market affects the USD volatility. Normally, a high reading is seen as positive (or bullish) for the USD, whereas a low reading is seen as negative (or bearish). | ||||||
Tuesday, 21 September 2010
| Time | Currency | Economic impact | Event | Prev. | Forecast | Fact. |
|---|---|---|---|---|---|---|
| 01:30 | AUD | bas | RBA Meeting's Minutes | |||
| The minutes of the Reserve Bank of Australia 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 RBA 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 AUD. | ||||||
| 03:00 | NZD | moyen | Credit Card Spending SA (MoM) | -0.1% | 0.1% | |
| Credit Card Spending SA (MoM) | ||||||
| 05:00 | JPY | bas | Coincident Index | 101.3 | 103 | |
| 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). | ||||||
| 05:00 | JPY | moyen | Leading Economic Index | 99 | 100 | |
| 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. | ||||||
| 05:45 | CHF | bas | SECO Economic Forecasts | |||
| The Economic Forecasts released by the Swiss State Secretariat for Economic Affairs shows a study of forecasts of major GDP components. It is considered as a measure of market activity because it indicates the pace at which the Swiss economy is growing or decreasing. Normally, a high reading or a better than expected number is seen as positive (or bullish) for the CHF, while a low reading is seen as negative (or bearish). | ||||||
| 06:15 | CHF | bas | Trade Balance | 2.844B | 1.97B | 0.568B |
| The Trade Balance released by the Swiss Statistics Office is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Any variation in the figures influences the domestic economy. Generally speaking, if a steady demand in exchange for Swiss exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the CHF. Review Alex Nekritin's Article - Trading the Swiss Franc with the Swiss Trade Balance | ||||||
| 08:30 | GBP | bas | Public Sector Net Borrowing | £1.9 | £12. | £15. |
| The Net Borrowing released by the National Statistics captures an amount of new debt held by the U.K. governments (the financial deficit in the UK national accounts). Generally speaking, if the Net Borrowing is negative, it means the UK Accounts are surplus, and that should be positive for the GBP. While a deficit is generally unfavorable for the economy, a growth in the Net Borrowing is considered as negative, or bearish for the GBP. | ||||||
| 11:00 | CAD | bas | Consumer Price Index (YoY) | 1.8% | 1.8% | 1.7% |
| The Consumer Price Index released by the Statistics Canada is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of CAD is dragged down by inflation. The Bank of Canada aims at an inflation range (1%-3%). Generally speaking, a high reading is seen as anticipatory of a rate hike and is positive (or bullish) for the CAD. | ||||||
| 11:00 | CAD | bas | Consumer Price Index (MoM) | -0.1% | 0.2% | -0.1% |
| The Consumer Price Index released by the Statistics Canada is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of CAD is dragged down by inflation. The Bank of Canada aims at an inflation range (1%-3%). Generally speaking, a high reading is seen as anticipatory of a rate hike and is positive (or bullish) for the CAD. | ||||||
| 11:00 | CAD | moyen | Bank of Canada Consumer Price Index Core (YoY) | 1.6% | 1.7% | 1.6% |
| Consumer Price Index Core is released by the Bank of Canada. “Core” CPI excludes fruits, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, and tobacco products. These volatile core 8 are considered as the key indicator for inflation in Canada. Generally speaking, a high reading anticipates a hawkish attitude by the BoC, and that is said to be positive (or bullish) for the CAD. | ||||||
| 11:00 | CAD | moyen | Bank of Canada Consumer Price Index Core (MoM) | 0.5% | 0.1% | |
| The Consumer Price Index Core is released by the Bank of Canada. “Core” CPI excludes fruits, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, and tobacco products. These volatile core 8 are considered as the key indicator for inflation in Canada. Generally speaking, a high reading anticipates a hawkish attitude by the BoC, and that is said to be positive (or bullish) for the CAD. | ||||||
| 12:30 | USD | moyen | Building Permits (MoM) | 0.56M | 0.56M | 0.569M |
| The Building Permits released by the US Census Bureau, at the Department of Commerce shows the number of permits for new construction projects. It implies the movement of corporate investments (US economic development). It tends to cause some volatility to the USD. Normally, the more growing number of permits, the more positive (or bullish) for the USD. | ||||||
| 12:30 | USD | moyen | Housing Starts (YoY) | 0.541M | 0.55M | 0.598M |
| The Housing Starts released by the US Census Bureau, at the Department of Commerce is an indicator that tracks how many new single-family homes or buildings were constructed. For the survey each house and each single apartment are counted as one housing start. The figures include all private and publicly owned units. It indicates movements of the US housing market. Generally, a high reading anticipates positive (or bullish) for the USD, whereas a low reading is seen as negative (or bearish). | ||||||
| 18:15 | USD | haut | Fed Interest Rate Decision | 0.25% | 0.25% | 0.25% |
| The Board of Governors of the Federal Reserve announces an interest rate. This interest rate affects the whole range of interest rates set by commercial banks, building societies and other institutions for their own savers and borrowers. It also tends to affect the exchange rate. Generally speaking, if the Fed is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the USD. Review Alex Nekritin's Article - Suggested Strategies to trade the US dollar with this economic release | ||||||
| 21:00 | USD | moyen | ABC/Washington Post Consumer Confidence | -43 | ||
| 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). | ||||||
Wednesday, 22 September 2010
| Time | Currency | Economic impact | Event | Prev. | Forecast | Fact. |
|---|---|---|---|---|---|---|
| 00:30 | AUD | moyen | Westpac Leading Index (MoM) | -0.1% | 0.4% | |
| The Westpac Leading Index released by the Melbourne Institute tracks nine gauges of economic activity, including share prices and telephone installations, to provide an indication of how the economy will perform. It tends to have an impact on the AUD volatility. Generally speaking, the more positive the reading, the better for the currency, while a low reading is seen as negative (or bearish) | ||||||
| 04:30 | JPY | bas | All Industry Activity Index (MoM) | 0.2% | 1.1% | 1% |
| 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). | ||||||
| 08:30 | GBP | moyen | Bank of England Minutes | |||
| 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. | ||||||
| 09:00 | EUR | bas | Industrial New Orders (YoY) | 22.7% | 16.2% | 11.2% |
| The Industrial new orders released by the Eurostat captures the value of new contracts for goods in the manufacturing sector. An increasing number of Industrial New Orders predicts enhanced production and a growth in the GDP. Normally, 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 | bas | Industrial New Orders s.a. (MoM) | 2.4% | -1.2% | -2.4% |
| The Industrial new orders released by the Eurostat captures the value of new contracts for goods in the manufacturing sector. An increasing number of Industrial New Orders predicts enhanced production and a growth in the GDP. Normally, a high reading is seen as positive, or bullish, for the EUR, while a low reading is seen as negative, or bearish. | ||||||
| 09:30 | nul | CBI Interest Rate Decision | 7% | 6.25% | ||
| The CBI Interest Rate Decision is announced by the Central Bank of Iceland. 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 ISK, while a dovish outlook for the economy (or a rate cut) is seen as negative, or bearish, for the currency. | ||||||
| 11:00 | USD | bas | MBA Mortgage Applications | -8.9% | -1.4% | |
| 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). | ||||||
| 12:30 | CAD | moyen | Leading Indicators (MoM) | 0.4% | 0.3% | 0.5% |
| The Leading Indicators released by the Statistics Canada measures future trends of the overall economic activity including employment, average manufacturing workweek, initial claims, permits for new housing construction, stock prices and yield curve. It is considered as a measure for economic stability in Canada. Generally, 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 | moyen | Retail Sales (MoM) | 0.4% | -0.1% | |
| The Retail Sales released by the Statistics Canada is a monthly data that shows all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence. It shows the performance of the retail sector in the short term. Generally speaking, the positive economic growth anticipates bullish movements for the CAD. | ||||||
| 12:30 | CAD | moyen | Retail Sales ex Autos (MoM) | -0.6% | 0.5% | -0.4% |
| The Retail Sales ex Auto released by the Statistics Canada is a monthly data that shows all goods sold by retailers based on a sampling of retail stores of different types and sizes except the automobile sector. The retail sales index is often taken as an indicator of consumer confidence. It shows the performance of the retail sector in the short term. Generally speaking, the positive economic growth anticipates bullish movements for the CAD. | ||||||
| 14:00 | USD | bas | Housing Price Index (YoY) | -4.2% | -3.3% | |
| The Housing Price Index released by the Office of Federal Reserve Housing Enterprise Oversight provides an estimated value of housing market conditions. It is an important indicator as the housing market is considered as a sensitive factor to the US economy. Generally speaking, 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 | bas | Housing Price Index (MoM) | -1.2% | -0.1% | -0.5% |
| The Housing Price Index released by the Office of Federal Reserve Housing Enterprise Oversight provides an estimated value of housing market conditions. It is an important indicator as the housing market is considered as a sensitive factor to the US economy. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish). | ||||||
| 14:00 | EUR | bas | Consumer Confidence | -11 | -10 | -11.2 |
| 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). | ||||||
| 14:30 | USD | bas | EIA Crude Oil Stocks change | -2.5M | 0.6M | |
| 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. | ||||||
| 18:00 | USD | bas | 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). | ||||||
Thursday, 23 September 2010
| Time | Currency | Economic impact | Event | Prev. | Forecast | Fact. |
|---|---|---|---|---|---|---|
| 00:00 | JPY | nul | Autumnal Equinox Day | |||
| Banks will be closed due to Autumnal Equinox Day bank holiday. | ||||||
| 01:30 | AUD | bas | RBA Foreign Exchange Transaction | 1229M | 397M | |
| The Foreign Exchange Transactionreleased by the Reserve Bank of Australia shows the movements of the exchange of the AUD for others, likewise others for the AUD. It indicates the climate of foreign investors into the AUD itself. This event causes volatility in the AUD. Generally, an increasing number of investments is seen as positive prospect of the Australian economy (or bullish sentiment for the AUD). | ||||||
| 07:30 | EUR | moyen | Purchasing Manager Index Manufacturing | 58.2 | 57.6 | 55.3 |
| 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. | ||||||
| 07:30 | EUR | moyen | Purchasing Manager Index Services | 57.2 | 57.2 | 54.6 |
| The Services PMI released by the Markit Economics interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction. | ||||||
| 08:00 | EUR | bas | Purchasing Manager Index Services | 55.9 | 55.5 | 53.6 |
| The PMI service released by the Markit Economics is an indicator of the economic situation in the Euro Zone services sector. It captures an overview of the condition of sales and employment. It is worth noting that the European service sector does not influence, either positively or negatively, the GDP as much as the PMI manufacturing does. Any reading above 50 signals expansion, while a reading under 50 shows contraction. | ||||||
| 08:00 | EUR | moyen | Purchasing Manager Index Manufacturing | 55 | 54.5 | 53.6 |
| 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 | nul | BBA Mortgage Approvals | 34.2 | 32.3 | 31.8 |
| The Mortgage Approvals published by the British Bankers' Association (BBA) measure the number of home loans issued by the BBA during the previous quarter. 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. Normally, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish). | ||||||
| 12:30 | USD | bas | Continuing Jobless Claims | 4537K | 4480K | 4489K |
| 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 | bas | Initial Jobless Claims | 453K | 450K | 465K |
| 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 | moyen | Existing Home Sales (MoM) | -27.2% | 7.1% | 7.6% |
| The Existing Home Sales, released by the National Association of Realtors, provide an estimated value of housing market conditions. As the housing market is considered as a sensitive factor to the US economy, it generates some volatility for the USD. Generally speaking, a high reading is positive for the Dollar, while a low reading is negative. | ||||||
| 14:00 | USD | bas | Leading Indicators (MoM) | 0.1% | 0.1% | 0.3% |
| The Leading Indicators released by the Conference Board measures future trends of the overall economic activity including employment, average manufacturing workweek, initial claims, permits for new housing construction, stock prices and yield curve. It is considered as a measure for economic stability in United States. This event generates some volatility for the USD. Normally, a high reading is seen as positive (or bullish). | ||||||
| 14:00 | USD | moyen | Existing Home Sales | 3.83M | 4.11M | 4.13M |
| The Existing Home Sales, released by the National Association of Realtors provide an estimated value of housing market conditions. As the housing market is considered as a sensitive factor to the US economy, it generates some volatility for the USD. Generally speaking, a high reading is positive for the Dollar, while a low reading is negative. | ||||||
Friday, 24 September 2010
| Time | Currency | Economic impact | Event | Prev. | Forecast | Fact. |
|---|---|---|---|---|---|---|
| 08:00 | EUR | moyen | IFO - Expectations | 105.2 | 104 | 103.9 |
| The IFO Expectations released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations for the next six months, where firms rate the future outlook as better, same, or worse. An optimistic view of those 7,000 business leaders and senior managers is considered as positive, or bullish for the EUR, whereas a pessimistic view is considered as negative, or bearish. Review Alex Nekritin's Article - Trading Euro with IFO Report | ||||||
| 08:00 | EUR | moyen | IFO - Business Climate | 106.7 | 106.4 | 106.8 |
| This German business sentiment index released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish). Review Alex Nekritin's Article - Trading Euro with IFO Report | ||||||
| 08:00 | EUR | moyen | IFO - Current Assessment | 108.2 | 108.7 | 109.7 |
| The IFO Current Assessment released by the CESifo Group is closely watched as an indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish). Review Alex Nekritin's Article - Trading Euro with IFO Report | ||||||
| 12:30 | USD | moyen | Durable Goods Orders | 0.7% | -0.9% | -1.3% |
| The Durable Goods Orders, released by the US Census Bureau, measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, such as motor vehicles and appliances. As those durable products often involve large investments they are sensitive to the US economic situation. The final figure shows the state of US production activity. Generally speaking, a high reading is bullish for the USD. | ||||||
| 12:30 | USD | moyen | Durable Goods Orders ex Transportation | -2.8% | 0.9% | 2% |
| The Durable Goods Orders measures, released by the US Census Bureau, the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, excluding the transport sector. As those durable products often involve large investments they are sensitive to the US economic situation. Generally speaking, a high reading is bullish for the USD, while a low reading is seen as Bearish. | ||||||
| 14:00 | USD | moyen | New Home Sales (MoM) | -7.7% | 6.9% | |
| The number of New Home sales released by the US Census Bureau is an important measure of housing market conditions. House buyers spend money on furnishing and financing their homes so as a result the demand for goods, services and the employees is stimulated. Generally, a high reading is seen as bullish for the USD, whereas a low reading is seen as bearish. | ||||||
| 14:00 | USD | moyen | New Home Sales | 288K | 293K | 288K |
| The number of New Home Sales released by the US Census Bureau is an important measure of housing market conditions. House buyers spend money on furnishing and financing their homes so as a result the demand for goods, services and the employees is stimulated. Generally, a high reading is seen as bullish for the USD, whereas a low reading is seen as bearish. | ||||||
Sunday, 26 September 2010
| Time | Currency | Economic impact | Event | Prev. | Forecast | Fact. |
|---|---|---|---|---|---|---|
| 23:01 | GBP | bas | Hometrack Housing Prices s.a | -0.3 | -0.4 | |
| The Hometrack Housing Prices s.a. released by the Hometrack shows changes in housing prices across the UK. The housing prices show insight into key housing trends and are considered as a key indicator for inflationary pressures. A high reading is seen as positive or (bullish) for the GBP, while a low reading is seen as negative (or bearish). | ||||||
| 23:50 | JPY | moyen | Merchandise Trade Balance Total | ¥804.2 | ¥103.2 | |
| The Merchandise Trade Balance Total released by the Ministry of Finance is a measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Japan is so much dependant on exports that the Japanese economy heavily relies on a trade surplus. Therefore, any variation in the figures influences the domestic economy. If a steady demand in exchange for Japanese exports is seen, that would turn into a positive. Review Alex Nekritin's Article - Trading the Yen with Japan Trade Balance | ||||||
| 23:50 | JPY | nul | Adjusted Merchandise Trade Balance | ¥610.4 | ¥520M | ¥590M |
| The Adjusted Merchandise Trade Balance is released by the Ministry of Finance and it's a seasonal measure of balance amount between import and export. A positive value shows a trade surplus while a negative value shows a trade deficit. Japan is so much dependant on exports. A high reading is positive for the JPY, while a low reading is seen as negative (or bearish). Review Alex Nekritin's Article - Trading the Yen with Japan Trade Balance | ||||||
| 23:50 | JPY | moyen | Corporate Service Price (YoY) | -1.2% | -1.1% | |
| The Corporate Service Price Index (CSPI) released by the Bank of Japan measures the prices of services traded among companies. It presents price developments that reflect most sensitively the supply and demand conditions in the services market. It is also considered as an indicator for inflationary pressures. Normally, a high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish). | ||||||







