today we have some news...
- 0:01 GBP: RICS House Price Balance
- 0:30 AUD: NAB Business Confidence
- 0:30 AUD: NAB Business Conditions
- 3:01 NZD: REINZ House Sales
- 3:01 NZD: REINZ House Price Index
- 4:30 JPY: Industrial Production
Measures changes in the volume of output produced by the manufacturing, mining, and utility sectors. Because industrial production is a measure of output volume rather than dollar value, the figure is not distorted by inflation and is considered a more "pure" indicator for US industry. Though industrial production only accounts for a relatively small portion of GDP, it accounts for most of the volatility in GDP and is considered highly sensitive to changes in interest rate and consumer demand. Therefore understanding trends in this figure are important to forecasting GDP. High or rising Industrial Production figures suggest increased production and economic expansion. However, uncontrolled levels of production and consumption can spark inflation. - 4:30 JPY: Capacity Utilization
- 7:45 EUR: French Non-Farm Payrolls
- 7:45 EUR: French Wages
- 9:30 GBP: Consumer Price Index
The Consumer Price Index is one of the leading economic gauges to measure the pace of inflation. Simply put, CPI measures the acceleration of price in a fixed basket of goods and services. Higher CPI indicates that prices of the basket as a whole have increased and as such, it costs more of the local currency to buy the same basket of goods. CPI is also broken down to a core level which strips out the volatile components of the index, which usually include food and energy, but this various by country. Usually, central banks pay far greater importance to the core numbers than the headline numbers. Excessive inflation will induce a central bank to consider raising interest rates while falling inflation would give them the flexibility to lower interest rates. - 9:30 GBP: Core Consumer Price Index
Because excessive volatility may exist for certain components of CPI, countries may release "Core" CPI figures, which control for the most volatile goods and services. Components excluded from Core CPI usually consist of fresh food and energy, but will vary from country to country. Many countries also release seasonally-adjusted CPI figures, as prices can fluctuate with seasonal regularity. - 9:30 GBP: Retail Price Index
- 9:30 GBP: DCLG UK House Prices
- 10:00 EUR: German ZEW Survey
- 10:00 EUR: Euro-Zone Industrial Production
- 10:00 EUR: Euro-Zone ZEW Survey
- 10:00 EUR: Portuguese GDP
- 12:30 USD: NFIB Small Business Optimism
- 13:30 USD: Advance Retail Sales
A monthly measurement of 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. - 13:30 USD: Retail Sales Less Autos
A monthly measurement of 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. - 13:30 USD: Retail Sales Ex Auto & Gas
A monthly measurement of 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. - 13:30 USD: Import Price Index
- 13:30 USD: Retail Sales "Control Group"
- 15:00 USD: Business Inventories
- 21:45 NZD: Retail Sales Ex Inflation
A monthly measurement of 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. - 23:00 USD: Revisions: Producer Price Index
- 23:00 JPY: Nationwide Department Store Sales
- 23:00 JPY: Tokyo Department Store Sales
- 23:00 GBP: Nationwide Consumer Confidence
Assessment of consumer sentiment regarding business conditions, employment and personal income. Based on a representative sample of thousands of mail-in surveys. Consumer Confidence levels are generally linked with consumer spending. For instance, when consumer confidence is on the rise consumer spending tends to increase. Low or falling consumer confidence on the other hand is typically associated with decreased spending and consumer demand. - 23:30 AUD: Westpac Consumer Confidence
Officially called the Consumer Sentiment Index, this figure measures the level of consumer confidence and is an average of five indexes measuring different aspects of consumer fiscal health. This is one of the few indicators that are entirely expectation based. - 23:30 AUD: Westpac Consumer Confidence Index
Officially called the Consumer Sentiment Index, this figure measures the level of consumer confidence and is an average of five indexes measuring different aspects of consumer fiscal health. This is one of the few indicators that are entirely expectation based.
And some trades:
EUR/USD - Euro / US DollarResistances: 1.331 - 1.324 - 1.3175
Supports: 1.303 - 1.3095 - 1.3145
USD/JPY - US Dollar / YenResistances: 79.5 - 78.95 - 78.25
Supports: 77.1 - 77.4 - 77.7
GBP/USD - British Pound / US DollarResistances: 1.586 - 1.579 - 1.573
Supports: 1.553 - 1.566 - 1.57
USD/CHF - US Dollar / Swiss FrancResistances: 0.926 - 0.9225 - 0.919
Supports: 0.907 - 0.909 - 0.9135
EUR/CHF - Euro / Swiss FrancResistances: 1.2115 - 1.21 - 1.2085
Supports: 1.203 - 1.206 - 1.207

Help











