September 17th, 2009
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Retail Sales
Time: 8:30am GMT
Currency: GBP
Impact: High
Source: National Statistics
Description: The change in the total value of retail sales, adjusted for inflation.
Consumer Inflation Expectations
Time: 8:30am GMT
Currency: GBP
Impact: Medium
Source: Bank of England
Description: The amount that consumers expect prices to change as a percentage.
CBI Industrial Order Expectations
Time: 10:00am GMT
Currency: GBP
Impact: Medium
Source: Confederation of British Industry
Description: A diffusion index level based on a survery of manufacturers.
CPI & Core CPI
Time: 11:00am GMT
Currency: CAD
Impact: High
Source: Statistics Canada
Description: The change in the price of goods and services as purchased by consumers.
Libor Rate
Time: 12:00pm GMT
Currency: CHF
Impact: High
Source: Swiss National Bank
Description: This is the London interest rate for the 3-month Swiss Franc deposits.
SNB Monetary Policy Assessment
Time: 12:00pm GMT
Currency: CHF
Impact: High
Source: Swiss National Bank
Description: The SNB’s decision making about interest rates and clues as to future policy.
Leading Index
Time: 12:30pm GMT
Currency: CAD
Impact: Medium
Source: Statistics Canada
Description: This is the change in the level of a composite index which is based upon 10 economic factors.
Building Permits
Time: 12:30pm GMT
Currency: USD
Impact: High
Source: Census Bureau
Description: The number of new building permits issued in the previous month, represented annually.
Unemployment Claims
Time: 12:30pm GMT
Currency: USD
Impact: High
Source: Department of Labor
Description: The number of individuals who have filed for unemployment insurance during the previous week.
Housing Starts
Time: 12:30pm GMT
Currency: USD
Impact: Medium
Source: Census Bureau
Description: The number of new house builds that have begun construction during the previous month.
Philadelphia Federal Reserve Manufacturing Index
Time: 2:00pm GMT
Currency: USD
Impact: Medium
Source: Federal Reserve Bank of Philadelphia
Description: The level of a diffusion index which is based on a survey of manufacturing companies in Philadelphia.
Tags: Bank of England, BoE, Building Permits, CAD, CBI, CBI Industrial Order Expectations, Census Bureau, CHF, Confederation of British Industry, Consumer Inflation Expectations, Core CPI, CPI, Department of Labor, Federal Reserve Bank of Philadelphia, GBP, Housing Starts, Leading Index, Libor Rate, Manufacturing Index, National Statistics, Retail sales, SNB, SNB Monetary Policy Assessment, Statistics Canada, Swiss National Bank, Unemployment Claims
Posted in Economic News | No Comments »
September 8th, 2009
Halifax HPI
Time: 8th-11th September
Currency: GBP
Impact: High
Source: Halifax Bank of Scotland
Description: This is the change in the prices of homes financed by HBOS. The exact release date and time is unknown until close to the announcement itself.
Manufacturing Production
Time: 8:30am GMT
Currency: GBP
Impact: High
Source: National Statistics
Description: This is the change in the total (inflation-adjusted) value of manufacturing output.
German Industrial Production
Time: 10:00am GMT
Currency: EUR
Impact: Medium
Source: Destatis
Description: This is the change in the total (inflation-adjusted) value of manufacturing, mine and utilities output.
Building Permits
Time: 12:30pm GMT
Currency: CAD
Impact: High
Source: Statistics Canada
Description: The change in the total value of new building permits issued.
Tags: Building Permits, CAD, Destatis, EUR, GBP, German Industrial Production, Halifax Bank of Scotland, Halifax HPI, HBOS, Manufacturing production, National Statistics, Statistics Canada
Posted in Economic News | No Comments »
August 18th, 2009
Good morning traders. Below is a summary of all the high and medium impact news to be aware of during today’s London session. Look out for my Twitter alerts, too. You can now also click on the time to be shown the equivalent time for the different trading sessions.
CPI
Time: 8:30am GMT
Currency: GBP
Impact: High
Source: National Statistics
Description: The change in the prices of good and services that are purchased by consumers.
Core CPI
Time: 8:30am GMT
Currency: GBP
Impact: Medium
Source: National Statistics
Description: As CPI, above, but excluding volatile goods such as food, alcohol, tobacco and energy.
German ZEW Economic Sentiment
Time: 9:00am GMT
Currency: EUR
Impact: High
Source: ZEW
Description: A leading indicator of economic health based on a survey of German institutional investors and analysts.
ZEW Economic Sentiment
Time: 9:00am GMT
Currency: EUR
Impact: Medium
Source: ZEW
Description: A leading indicator of economic health based on a survey of German institutional investors and analysts.
Foreign Securities Purchases
Time: 12:30pm GMT
Currency: CAD
Impact: Medium
Source: Statistics Canada
Description: This shows the strength of the currency as it reports the level of domestic bonds, stocks and other money market assets purchased by foreigners.
Building Permits
Time: 12:30pm GMT
Currency: USD
Impact: High
Source: Census Bureau
Description: The number of new building permits issued in the previous month, released as an annual equivalent figure.
PPI
Time: 12:30pm GMT
Currency: USD
Impact: High
Source: Department of Labor
Description: This is the change to the price of the goods and services sold by American producers.
Core PPI
Time: 12:30pm GMT
Currency: USD
Impact: Medium
Source: Department of Labor
Description: This is the change to the price of the goods and services sold by American producers except for food and energy.
Housing Starts
Time: 12:30pm GMT
Currency: USD
Impact: Medium
Source: Census Bureau
Description: The number of new residential build projects that began during the previous month, represented as an annual figure.
Tags: Building Permits, CAD, Census Bureau, Core CPI, Core PPI, CPI, Department of Labor, EUR, Foreign Securities Purchases, GBP, German ZEW Economic Statement, Housing Starts, National Statistics, PPI, Statistics Canada, USD, ZEW, ZEW Economic Statement
Posted in Economic News | No Comments »
August 5th, 2009
Good morning traders, here’s the news you’ll need to look out for during the London session today and it’s relative impact. I’ll be sending out a tweet 30 minutes before each one of these is announced as a reminder so make sure you’re following me on Twitter. I’ll also try and tweet the results as soon as they come out.
German Factory Orders
Time: 10:00am GMT
Impact: Medium
Currency: EUR
Source: Deutsche Bundersbank
This is the percentage change in new factory orders, indicating the strength of the economy based on it’s manufacturing output.
Official Bank Rate
Time: 11:00am GMT
Impact: High
Currency: GBP
Source: Bank of England
This is the interest rate issued by the Bank of England. The interest rate is the leading factor in the valuation of a currency so this is a very high impact announcement. If the rate is changed, an statement will be made by the Monetary Policy Committee (MPC) which could have a significant impact on the markets.
Minimum Bid Rate
Time: 11:45am GMT
Impact: High
Currency: EUR
Source: European Central Bank
This is the interest rate again but this time applies to much of Europe. A press conference takes place 45 minutes after this announcement and often has more of an impact.
Building Permits
Time: 12:30pm GMT
Impact: High
Currency: CAD
Source: Statistics Canada
This announcement reveals the number of new building permits issued and is a good indicator of economic health because a building permit is one of the first steps for a construction project.
ECB Press Conference
Time: 12:30pm GMT
Impact: High
Currency: EUR
Source: European Central Bank
This is the press conference that follows the rate announcement. Questions that come from the press can often result in market volatility based on the answers of the ECB.
Unemployment Claims
Time: 12:30pm
Impact: High
Currency: USD
Source: Department of Labor
This shows the past week’s unemployment figures. A good indicator of economic health because it directly relates the level of unemployment.
Tags: Bank of England, BoE, Building Permits, CAD, ECB, EUR, European Central Bank, GBP, German Factory Orders, Interest Rates, Minimum Bid Rate, Unemployment Claims, USD
Posted in Economic News | No Comments »
