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Australia

Building Permits 

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.

 

Employment Change 

The employment Change released by the Australian Bureau of Statistics is a measure of the change in the number of employed people in Australia. 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 AUD, while a low reading is seen as negative (or bearish).

 

National Australia Bank's Business Confidence

The National Australia Bank Business Confidence is a survey of the current business condition in Australia. It indicates the performance of the overall Australian economy in a short-term view. A positive economic growth anticipates bullish movements for the AUD, whereas a negative growth is seen as bearish.
 

National Australia Bank's Business Conditions

The NAB´s Business Conditions released by the National Australia Bank looks at trading, profitability and employment conditions in Australia. It serves as an indicator of overall economic situation in the short term. A high reading is seen as positive, or bullish for the AUD, while a low reading is seen as negative, or bearish.

 

RBA's Governor Glenn Stevens Speaks

RBA Governor Glenn Stevens gives a press conference as to how the RBA observes the current Australian economy and the value of AUD. His comments may influence the volatility of AUD and determine a short-term positive or negative trend.

 

RBA Interest Rate Decision 

RBA Interest Rate Decision is announced by the Reserve Bank of Australia. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

 

Retail Sales 

The Retail Sales released by the Reserve Bank of Australia 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.

 

Unemployment Rate

The Unemployment Rate release by the Australian Bureau of Statistics is the number of unemployed workers divided by the total civilian labor force. If the rate hikes, indicates a lack of expansion within the Australian lobar market. As a result, a rise leads to weaken the Australian economy. A decrease of the figure is seen as positive (or bullish) for the AUD, while an increase is seen as negative (or bearish).

 

Westpac Consumer Confidence

The Westpac Consumer Confidence captures the level of sentiment that individuals have in economic activity reflecting respondents' evaluations of their family finances over the past and coming year, expectations about the one-year and five-year economic conditions and views about current buying conditions for major household items. A high reading is seen as positive (or bullish) for the AUD, whereas a low reading is seen as negative (or bearish).

 

Canada

Bank of Canada Consumer Price Index Core

Consumer Price Index Core is released by the Statistic Canada. “Core” CPI includes 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. A high reading anticipates a hawkish attitude by the BoC, and that is said to be positive (or bullish) for the CAD.

 

BoC Interest Rate Announcement 

BoC Interest Rate Decision is announced by the Bank of Canada. If the BoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CAD. Likewise, if the BoC has a dovish view on the Canadian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

 

Consumer Price Index

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%). A high reading is seen as anticipatory of a rate hike and is positive (or bullish) for the CAD.

 

Foreign investment in Canadian securities

The International Securities released by 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. An increasing number of investments is seen as positive prospect of the Canadian economy (or bullish sentiment for the CAD).

 

Gross Domestic Product

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.

 

Housing Starts

The Housing Starts released by the Canadian Mortgage and Housing Corporation captures how many new single-family homes or buildings were constructed. It shows the strength of the Canadian 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 CAD, while a low reading is seen as negative (or bearish).
 

Manufacturing Sales

The Manufacturing Shipment released by the Statistic Canada examines overall Shipments of Canada. It can be seen expected market demand. A growing number of goods including unsold inventories indicates a fall in the market demand, which anticipates bearish for the CAD, while a declining number is seen as positive (or bullish) for the currency.
 

New Housing Price Index

The New Housing Price Index (NHPI) released by the Statistics Canada is a monthly series that measures changes over time in the contractors' selling prices of new residential houses, where detailed specifications pertaining to each house remain the same between two consecutive periods. The growth rate of the housing market affects the CAD volatility. A high reading is seen as positive (or Bullish) for the CAD, whereas a low reading is seen as negative (or Bearish).

 

Retail Sales

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. The positive economic growth anticipates bullish movements for the CAD.

 

Retail Sales ex Autos

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. The positive economic growth anticipates bullish movements for the CAD.

 

Germany & European Monetary Union

Current Account

The Current Account released by the Statistiches Bundesamt Deutschland is a net flow of current transactions, including goods, services, and interest payments into and out of Germany. A current account surplus indicates that the flow of capital into Germany exceeds the capital reduction. A current account deficit indicates that there is a net capital outflow from these sources. A high reading is seen as positive (or Bullish) for the EUR, whereas a low reading is seen as negative (or Bearish).

 

Consumer Confidence

The 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 seen as positive ( or bullish ) for the EUR, while a low reading is seen as negative ( or bearish ).
 

Consumer Price Index

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).
 

Consumer Price Index - Core

The Consumer Price Index released by the 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 and energy. The CPI Core is a key indicator to measure inflation and changes in purchasing trends. A high reading is seen as positive or bullish for the EUR, while a low reading is seen as negative.

 

ECB Publishes Monthly Report

The European Central Bank publishes a monthly report that contains a detailed analysis of the prevailing economic situation and the risks to price stability. It also provides articles on a wide range of topics related to the tasks of the ECB. 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.

 

Gfk Consumer Confidence Survey

The GfK 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 (ore bullish) for the EUR, while a low reading is seen as negative (or bearish).

 

Gross Domestic Product s.a.  

The Gross Domestic Product released by The Eurostat is a measure of the total value of all goods and services produced by the Eurozone. The GDP is considered as a broad measure of the Eurozone economic activity and health. A rising trend has a positive effect on the EUR, while a falling trend is seen as negative ( or bearish ).

 

Industrial Production s.a.

The Industrial Production is released by the Eurostat. It shows the volume of production of Industries such as factories and manufacturing. Up trend is regarded as inflationary which may anticipate interest rates to rise. If high industrial production growth comes out, this may generate a positive sentiment (or bullish) for the EUR, while low industrial production is seen as a negative sentiment (or bearish).

 

IFO - Business Climate

This German business sentiment index published by the CESifo Group is closely watched as an early indicator of current conditions and business expectations in the Euro Zone. 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.

 

IFO - Expectations

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.

 

PMI Manufacturing

The Manufacturing Purchasing Managers Index (PMI) released by the NTE 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.

 

Producer Price Index

The Producer Price Index released by the Statistisches Bundesamt Deutschland measures the average changes in prices in the German primary markets. Changes in the PPI are widely followed as an indicator of commodity inflation. A high reading is seen as positive (or bullish) for the EUR, whereas a low reading is seen as negative (or bearish).

 

Purchasing Manager Index Services

The PMI service released by the NTC Research 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 Services PMI does. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

 

Trade Balance

The Trade Balance released by the Statistiches Bundesamt Deutschland is a balance between exports and imports of total goods and services. A positive value shows a trade surplus, while a negative value shows a trade deficit. It is an event that generates some volatility for the EUR. If a steady demand in exchange for German exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the EUR.
 

ZEW Survey - Economic Sentiment

The Economic Sentiment published by the Zentrum für Europäische Wirtschaftsforschung measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimistic. A positive number means that the share of optimists outweighs the share of pessimists. An optimistic view is considered as positive (or bullish) for the EUR, whereas a pessimistic view is considered as negative (or bearish).

 

Unemployment Rate s.a. 

The Unemployment Rate released by the Bundesagentur für Arbeit 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.

 

Japan

Adjusted Current Account

The Current Account released by the Ministry of Finance is a net flow of current transactions, including goods, services, and interest payments into and out of Japan. A current account surplus indicates that the flow of capital into Japan exceeds the capital reduction. A current account deficit indicates that there is a net capital outflow from these sources. A high reading is seen as positive for the JPY, while a low reading is seen as negative

 

BoJ Interest Rate Decision

BoJ Interest Rate Decision is announced by the Bank of Japan. If the BoJ is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the JYP. Likewise, if the BoJ has a dovish view on the Japanese economy and keeps the ongoing interest rate, or cuts the interest rate it is negative, or bearish.

 

Capacity Utilization

The Capacity Utilization released by the Ministry of Economy, Trade and Industry is the percentage of the Japanese production capacity which is actually used over the short-time period. It is indicative of overall growth and demand in the Japanese economy. A high capacity utilization stimulates inflationary pressures. A high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or Bearish).

 

Consumer Confidence Households

The Consumer Confidence released by the Cabinet Office captures the level of confidence that house holds have in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A result above 50 is positive (or bullish) for the JPY, whereas a result below 50 is seen as bearish.
 

Domestic Corporate Goods Price Index

The Domestic Corporate Goods Price Index released by the Bank of Japan is a measure of prices for goods purchased by domestic corporates in Japan. The DCGPI is correlated with the CPI (Consumer Price Index) and is a way to measure changes in manufacturing cost and inflation in Japan. A high reading is seen as anticipatory of a rate hike and is positive (or bullish) for the JPY, while a low reading is seen as negative (or Bearish).

 

Coincident Index

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. Thus, 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).

 

Leading Economic Index

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. A result above 50 is positive (or bullish) for the JPY, whereas a result below 50 is seen as bearish.

 

Nomura/ JMMA Manufacturing Puchasing Manager Index 

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.

 

Industrial Production

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.

 

Jobless Rate 

The Jobless Rates released by Ministry of Health, Labour and welfare 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.

 

Machine Tool Orders

The machine Tool Orders released by the Japan Machine Tool Builders' Association shows movements in tool orders by manufacturers. It indicates business conditions and the overall economic condition in Japan. If a large number of tool orders come out, this may generate a positive sentiment (or bullish) for the JPY. On the other hand, a small number is seen as negative (or bearish).
 

Tokyo Condominium Sales

The Tokyo Condominium Sales released by the Japan Real Estate Institute present changes in the value of condominiums sold in Tokyo. As Tokyo is the capital city of Japan, this report serves as an indicator for the health of the overall Japanese Housing Market. A high reading is seen as positive (or bearish) for the JPY, while a low reading is seen as negative, or bearish.
 

Tankan All Industries Capital Expenditure (Capex)

Measures capital expenditure (capex) by all Japanese industries except the financial industry. Capital expenditure is an early indicator for production since companies usually make capital investments in order to expand operational productivity. Thus increasing capex figures can forecast economic growth, particularly if they are accompanied by high capacity utilization rates. The headline number is the annualized percentage change in spending from the previous quarter.

 

Tankan Large Manufacturers Index

Tracks overall business conditions for large manufacturing enterprises. The Tankan's main component, the Large Manufacturer's Index is indicative of the sentiment of leading manufacturing companies. The index uses zero as the centerline between positive and negative outlooks; the farther the value from zero the stronger the sentiment. High positive values signify favorable business conditions and suggest increased levels of production in the future. Low values suggest an ongoing or future contraction in the manufacturing sector. This measure is especially important for Japan because manufacturing firms are a primary driver of growth for the export-oriented economy.

 

Tankan Large Manufacturers Outlook

A forecast of the next quarter's Large Manufacturer's Index. The figure is a measure of future business expectations, providing an indication of economic trends based on factors like projected profits and capital investment. The headline number is the projected value of the Large Manufacturer's Index for the next quarter.

 

Tankan Non-Manufacturing Index

Reflects the prevailing sentiment of firms in the service sector on current business conditions. Business confidence among non-manufacturing firms, which conduct most of their business within Japan, reflects both the strength of domestic demand and the health of the non-export sector. The Non-Manufacturing Index is also important as a measure of overall economic health. The index uses zero as a centerline between positive and negative outlooks; the further the value is from zero the stronger the sentiment. High positive figures are indicative of a healthy and growing domestic economy.

 

Tankan Non-Manufacturing Outlook

Forecasts the value of the Non-Manufacturing Index in the next quarter. The Non-Manufacturing Outlook is a good measure of future business expectations, providing an indication of economic trends based on factors like projected profits, capital investment, and consumer demand. The headline number is the projected value of the Non-Manufacturing Diffusion Index for the next quarter.
 

 

New Zealand

ANZ- Business NZ PMI

The ANZ Business NZ PMI released by the Business NZ presents business conditions in New Zealand. The Business PMI is an important indicator of the overall economic condition. A result that values above 50 signals appreciates (or is bullish for ) the NZD, whereas a result that values below 50 is seen as negative (or bearish).

 

ANZ Commodity Price 

The ANZ Commodity Price released by the Australia and New Zealand Banking Group Ltd. 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 NZD, while a decrease in prices may indicate weakness of the NZD. A high reading is seen as bullish for the NZD, whereas a low reading is seen as bearish.

 

Food Price Index

The Food Price Index (FPI) released by the Statistics New Zealand measures price changes of food bought by households. New Zealand depends upon exporting agricultural goods and food products. Thus, high food prices relatively suggest an increase of trade interests. A high reading is seen as positive (or bullish) for the NZD, while a low reading is negative (or Bearish)

 

Producer and Import Prices

The Producer and Import Prices is an indicator of consumer price inflation provided by the Federal Statistical Office. The higher the cost of imported goods, the stronger the effect they will have on inflation, redunding in a higher probability of a rate rise by the SNB. Therefore, a high reading should be taken as positive, or bullish, for the CHF.

 

Gross Domestic Product

The Gross Domestic Product released by the Statistics New Zealand is a measure of the total value of all goods and services produced by New Zealand. The GDP is considered as a broad measure of New Zealand economic activity and health. A rising trend has a positive effect on the NZD, while a falling trend is seen as negative (or bearish) for the NZD.

 

Retail Sales

The retail Sales released by the Statistics New Zealand measures the total receipts of retail stores. Monthly percent changes reflect the rate of changes of such sales. Changes in Retail Sales are widely followed as an indicator of consumer spending. A high reading is seen as positive (or bullish) for the NZD, while a low reading is seen as negative (or bearish).
 

Retail Sales ex Autos

The retail Sales released by the Statistics New Zealand measures the total receipts of retail stores except the automobile sector. Monthly percent changes reflect the rate of changes of such sales. Changes in Retail Sales are widely followed as an indicator of consumer spending. A high reading is seen as positive (or bullish) for the NZD, while a low reading is seen as negative (or bearish).

 

Trade Balance

The Trade Balance released by the Swiss National Bank 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. 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.

 

Switzerland

Adjusted Real Retail Sales

The Adjusted retail Sales is conducted by the Swiss Federal Statistical Office. This survey of goods sold in the last month is considered as an indicator of the Swiss Economy and it shows the performance of the retail sector over the short and mid-term. The positive economic growth anticipates "Bullish" for the CHF.

 

Consumer Price Index 

The Consumer Price Index 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.The purchase power of CHF is dragged down by inflation. A high reading is positive for the CHF, while a low reading is negative.

 

KOF Swiss Leading Indicator 

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.

 

SNB Interest Rate Decision

The Swiss National Bank conducts the country’s monetary policy as an independent central bank. It is obliged by the Constitution and by statute to act in accordance with the interests of the country as a whole. Its primary goal is to ensure price stability, while taking due account of economic developments. In so doing, it creates an appropriate environment for economic growth.

 

ZEW Survey - Expectations

The ZEW Survey Expectations published by the Zentrum für Europäische Wirtschaftsforschung presents business conditions, employment conditions and other elements affecting the day to day running of a business in Switzerland. A high reading is seen as positive (or bullish) for the CHF, whereas a low reading is seen as negative (or bearish).
 

United Kingdom

Average Earnings excluding Bonus

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 U.K. economy. It can be seen as a measure of growth in `basic pay'. The positive earnings growth anticipates positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).
 

Average Earnings including Bonus

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 UK economy. The positive earnings growth anticipates positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).

 

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. 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.

 

BRC Shop Price Index 

The British Retail Consortium (BRC) Shop Price Index measures price changes in the popular retail outlets in the UK. The changes in the SPI are widely followed as an indicator for inflationary pressures. A high reading is seen as positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).

 

Claimant Count Rate

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 lobar market, while it indicates economic expansion and could spark inflationary pressures if the rate is down. A decrease of the figure is seen as positive (or bullish) for the GBP, while an increase is seen as negative.

 

CBI Distributive Trades Survey - Realized

The CBI Distributive Trades Survey released by the Confederation of British Industry is an indicator of short-term trends in the UK retail and wholesale distribution sector carries significant weight in the formulation of economic policy at the Bank of England and within Government. A high reading is seen as positive, or bullish for the GBP, while a low reading is seen as negative, or bearish.

 

Consumer Price Index

The Consumer Price Index released by the National Statistics 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 GBP is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. A high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or Bearish).

 

Core Consumer Price Index

The Core Consumer Price Index released by the National Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. "Core" excludes seasonally volatile products such as food and energy in order to capture an accurate calculation. The CPI is a key indicator to measure inflation and changes in purchasing trends. A high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or Bearish).

 

Gross Domestic Product

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).

 

Producer Price Index - Input s.a

The Producer Price Index Input released by the National Statistics is a monthly measurement of the rate of inflation experienced by the UK manufactures when buying goods and services. It captures changes in the average price of a fixed basket of goods and services purchased by the UK Manufactures. A high reading is positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish).
 

Producer Price Index - Output n.s.a

The Producer Price Index Out released by the National Statistics is a monthly measurement of the price changes of goods produced by UK manufacturers. Generally speaking, a price hike generates higher retail prices for consumers. Thus, a high reading is positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish).


Leading Indicator Index

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 UK. A high reading is seen as positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).

 

Retail Sales

The retail Sales released by the National Statistics measures the total receipts of retail stores. Monthly percent changes reflect the rate of changes of such sales. Changes in Retail Sales are widely followed as an indicator of consumer spending. A high reading is seen as positive, or bullish for the GBP, while a low reading is seen as negative or bearish.

 

Total Trade Balance

The trade balance released by the National Statistics is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the GBP. If a steady demand in exchange for UK exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the GBP.
 

ILO Unemployment Rate

The ILO Unemployment Rate released by the International Labour Organization is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the U.K. 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 U.K. economy. A decrease of the figure is positive (or bullish) for the GBP, while an increase is negative.
 

Jobless Claims Change

The Claimant Change released by the National Statistics presents the number of unemployment people in the UK. There is a tendency to influence the GBP volatility. Generally speaking, a rise in this indicator has negative implications for consumer spending which discourage economic growth. Therefore, a high reading is seen as negative (or bearish) for the GBP, while a low reading is seen as positive (or bullish).

 

M4 Money Supply 

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. An acceleration of the M4 money is considered as positive for the GBP, whereas a decline is negative.

 

M4 Sterling Lending 

This is sterling lending released by the Bank of England to the M4 private sector. The M4 private sector consists of all UK residents other than the public sector and MFIs (Monetary Financial Institutions). If the UK industry can afford large expenses, that can fuel economic growth. However, a high figure may also indicate that the UK economy is overheating. Generally, a high reading is positive for the GBP, whereas a low reading is negative.

 

Nationwide Housing Prices n.s.a 

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 positive for the GBP, while a low reading is negative.

 

PMI Manufacturing 

The Manufacturing Purchasing Managers Index (PMI) released by the Chartered Institute of Purchasing & Supply 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.


Purchasing Manager Index Services 

PMI service released by the Chartered Institute of Purchasing & Supply 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.

 

RICS House Price Balance

The RICS Housing Price Balance released by the Royal Institution of Chartered Surveyors presents housing costs in tehe UK. It shows the strength of the UK housing market, which can be considered as the economy as a whole, as the housing market is sensitive to the business cycle. A high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish).

 

CBI Distributive Trades Survey - Realized 

The CBI Distributive Trades Survey released by the Confederation of British Industry is an indicator of short-term trends in the UK retail and wholesale distribution sector carries significant weight in the formulation of economic policy at the Bank of England and within Government. A high reading is seen as positive, or bullish for the GBP, while a low reading is seen as negative, or bearish.

 

Gfk Consumer Confidence 

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.

 

Nationwide Consumer Confidence 

The Nationwide Consumer Confidence captures the level of confidence that individuals have in current and future UK's economy. 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 GBP, while a low reading is negative.
 

CBI Industrial Trends Survey - Orders

The CBI Industrial Trends Survey is released by the Confederation of British Industry and gives expert qualitative opinion from senior manufacturing executives, on past and expected trends in output, exports, prices, costs, investment intentions, business confidence and capacity utilization. If those opinions show a hawkish outlook in the manufacturing sector, that is seen as positive, or bullish, for the GBP.
 

Rightmove House Price Index

The RightMove House Price Index released by the Rightmove.co.uk provides a sample of residential property prices in the U.K. It shows the strength of the U.K. housing market, which can be considered as the economy as a whole due to property prices´ sensitivity to changes in the business cycle. A high reading is seen as positive, or bullish for the GBP, while a low reading is seen as negative, or bearish.

 

United States

ABC Consumer Confidence

The ABC Consumer Confidence released by the ABC News captures the level of confidence that individuals have in economic activity reflecting respondents' evaluations of their personal financial situation . 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 USD, while a low reading is seen as negative (or bearish).

 

Average Hourly Earnings 

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.

 

Core Personal Consumption Expenditure - Prices Index

The Core Personal Consumption Expenditure released by the US Bureau of Economic Analysis is an average of the amount of money the 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.

 

Consumer Confidence 

The Conference Board's Consumer Confidence 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.

 

Nonfarm Payrolls 

The most important piece of data contained in the employment report generally and the establishment survey specifically is the non-farm payrolls released by the Bureau of Labor Statistics of the US Department of Labor. The nonfarm payrolls measure the number of people on the payrolls of all non-agricultural businesses. The monthly changes in payrolls can be quite volatile. A high reading is also positive for the USD, while a low reading is negative.

 

Nonfarm Productivity 

The non-farm Productivity released by the Bureau of Labor Statistics of the US Department of Labor shows the output per Hour of labor worked. Non-farm Productivity indicates the overall business health in the US, which has an influence on GDP. A high reading is positive (or bullish) for the USD, while a low reading is negative (or bearish).

 

Existing Home Sales

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. A high reading is positive for the Dollar, while a low reading is negative.

 

Factory Orders 

The Factory orders released by the US Census Bureau is a measure of the total orders of durable and nondurable 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).

 

Pending Home Sales

The Pending Home Sales released by the National Association of Retailers is a leading indicator of trends of the housing market in the US It captures residential housing contract activity of existing single-family homes. As the housing market is considered as a sensitive factor to the US economy, it generates some volatility for the USD. A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

 

Personal Income

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.

 

Personal Spending

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.
 

Wholesale Inventories

The Wholesale Inventories captures sales and inventory statistics from the second stage of the manufacturing process. The sales figures do not move the market as they do not reflect personal consumption while wholesale inventories may change the aggregate inventory profile which can influence the GDP forecast. A high reading is seen as positive (or Bullish) for the USD, whereas a low reading is seen as negative ( or Bearish).
 

Fed Interest Rate Decision

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. 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.

 

Chicago Purchasing Managers' Index 

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.

 

Fed's Beige Book 

The Beige Book reports on the current US economic situation. Through interviews with key business contacts, economists, market experts, and other sources are gathered by each of the 12 Federal Reserve Districts. The survey gives a picture of the overall US economic growth. An optimistic view of those authorities is considered as positive, or bullish for the USD, whereas a pessimistic view is considered as negative, or bearish for the Dollar.

 

ISM Non-Manufacturing 

The ISM Non-Manufacturing Index released by the Institute for Supply Management (ISM) shows business conditions in the US non-manufacturing sector. It is worth noting that the non-manufacturing sector does not influence, either positively or negatively, the GDP as much as the ISM Manufacturing does. A result above 50 is positive (or bullish) for the USD.

 

New Home Sales 

The number of New Home sales (released by The U.S. 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. A high reading is seen as bullish for the USD, whereas a low reading is seen as bearish.
 

ABC Consumer Confidence

The ABC Consumer Confidence released by the ABC News captures the level of confidence that individuals have in economic activity reflecting respondents' evaluations of their personal financial situation . 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 USD, while a low reading is seen as negative (or bearish).

 

Building Permits

This report released by the US Census Bureaushows 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. The more growing number of permits, the more positive (or bullish) for the USD.
 

MBA Mortgage Applications

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. Thus, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

 

NY Empire State Manufacturing Index

Survey of manufactures in New York conducted by Federal Reserve Bank of New York. It indicates the overall manufactures in the United Sates. A positive result indicates bullish for US Dollar. A negative result shows poor growth of US Dollar.

 

NAHB Housing Market Index

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. A high reading is seen as positive (or bullish) for the USD, whereas a low reading is seen as negative (or bearish).
 

Housing Starts

The Housing Start released by the US Census Bureau 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. A high reading anticipates positive (or bullish) for the EUR, whereas a low reading is seen as negative (or bearish).

 

Gross Domestic Product Annualized

The Gross Domestic Product annualized released by the US Bureau of Economic Analysis shows the monetary value of all the goods, services and structures produced within a country in a given period of time. It is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. A high reading or a better than expected number is seen as positive for the USD, while a low reading is negative.

 

Leading Indicators

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. A high reading is seen as positive (or bullish).

 

Import Price Index

The Import Price Index released by The U.S. Department of labor informs the changes in the price of imported products into the U.S.The higher the cost of imported goods, the stronger the effect they will have on inflation, redunding in a higher probability of a rate rise. Therefore, a high reading should be taken as positive, or bullish, for the USD, while a low reading is seen as negative, or bearish.

 

ISM Manufacturing 

The Institute for Supply Management (ISM) Manufacturing Index shows business conditions in the US manufacturing sector, taking into account expectations for future production, new orders, inventories, employment and deliveries. It is a significant indicator of the overall economic condition in US. A result above 50 is bullish for the USD, whereas a result below 50 is seen as bearish.
 

Trade Balance

The trade balance is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the USD. If a steady demand in exchange for U.S. exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the USD.
 

Continuing Jobless Claims

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. Therefore, a high reading is seen as negative, or bearish for the USD, while a low reading is seen as positive, or bullish.
 

Initial Jobless Claims

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. Therefore, a decreasing number should be taken as positive or bullish for the USD.
 

Producer Price Index

The Producer Price Index released by the Bureau of Labor statistics, Department of Labor measures the average changes in prices in primary markets of the US by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. A high reading is seen as positive (or bullish) for the USD, whereas a low reading is seen as negative (or bearish).
 

Producer Price Index ex Food & Energy

The Producer Price Index ex Food & energy released by the Bureau of Labor statistics, Department of Labor measures the average changes in prices in primary markets of the US by producers of commodities in all states of processing. Those volatile products such as food and energy are excluded in order to capture an accurate calculation. A high reading is seen as positive (or bullish) for the USD, whereas a low reading is seen as negative (or bearish).
 

Retail Sales

The retail Sales released by the US Census Bureau measures the total receipts of retail stores. Monthly percent changes reflect the rate of changes of such sales. Changes in Retail Sales are widely followed as an indicator of consumer spending. A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

 

Retail Sales ex Autos

The Retail Sales ex Autos released by the US Census Bureau 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. This report is the "advance" report, which can be revised fairly significantly after the final numbers are calculated. The positive economic growth anticipates bullish movements for the USD.

 

Reuters/Michigan Consumer Sentiment Index

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. A high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
 

Business Inventories

The business inventories released by the US Census Bureau measures the monthly percentage changes in inventories from manufacturers, retailers, and wholesalers. The sales figures do not move the markets as they do not reflect personal consumption; while wholesale inventories may change the aggregate inventory profile which can influence the GDP forecast.
 

Consumer Price Index

The Consumer Price Index released by the US Department of Labor 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 USD is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or Bearish).
 

Consumer Price Index Ex Food & Energy

The Consumer Price Index Ex Food & Energy released by the US Department of Labor is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. Those volatile products such as food and energy are excluded in order to capture an accurate calculation. A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or Bearish).
 

Capacity Utilization

The Capacity Utilization released by the Federal Reserve Board is the percentage of the US production capacity which is actually used over the short-time period. It is indicative of overall growth and demand in the U.S. economy. A high capacity utilization stimulates inflationary pressures. A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or Bearish).
 

Durable Goods Orders 

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. A high reading is bullish for the USD.

 

Durable Goods Orders ex Transportation 

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. A high reading is bullish for the USD, while a low reading is seen as Bearish.

 

Industrial Production

The Industrial Production released by the Board of Governors of the Federal Reserve shows the volume of production of US industries such as factories and manufacturing. Up trend is regarded as inflationary which may anticipate interest rates to rise. If High industrial production growth comes out, this may generate a positive sentiment (or bullish) for the USD.

 

Unemployment Rate 

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 bullish for the USD, while an increase is bearish.

 

 

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