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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).
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.
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.
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.
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).
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. |