September 17th, 2009
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 15th, 2009
Industrial Production
Time: 7:15am GMT
Currency: CHF
Impact: Medium
Source: Federal Statistical Office
Description: This is the change in the total value of inflation-adjusted output from mines, manufacturers and utilities.
CPI
Time: 8:30am GMT
Currency: GBP
Impact: High
Source: National Statistics
Description: The Consumer Price Index is the leading indicator of inflation and is used by the British Government as their primary measure.
RPI
Time: 8:30am GMT
Currency: GBP
Impact: Medium
Source: National Statistics
Description: The Retail Price Index is the change in the price of goods and services purchased by consumers and is a significant indicator of economic health.
Inflation Report Hearings
Time: 8:45am GMT
Currency: GBP
Impact: High
Source: Parliament
Description: The Bank of England Governor and members of the Monetary Policy Committee testify to the Treasury Committee on the state of the economy, including direct references to the money markets. These can last a few hours, producing sustained periods of volatility.
German ZEW Economic Sentiment
Time: 9:00am GMT
Currency: EUR
Impact: High
Source: ZEW
Description: A diffusion index based on a survey of German institutional investors and analysts.
Labor Productivity
Time: 12:30pm GMT
Currency: CAD
Impact: Medium
Source: Statistics Canada
Description: The change in the efficiency of labour when producing goods and services.
Core Retail Sales
Time: 12:30pm GMT
Currency: USD
Impact: High
Source: Census Bureau
Description: The change in the total value of retail sales excluding the automotive industry.
Retail Sales
Time: 12:30pm GMT
Currency: USD
Impact: High
Source: Census Bureau
Description: The change in the total value of retail sales.
PPI
Time: 12:30pm GMT
Currency: USD
Impact: High
Source: Department of Labour
Description: The change in price of goods and services sold by their producers. At the same time, Core PPI is released which excludes food and energy.
Empire State Manufacturing Index
Time: 12:30pm GMT
Currency: USD
Impact: Medium
Source: Federal Reserve Bank of New York
Description: A diffusion index based on a survey of manufacturing companies in New York state.
Governing Council Member Murrary Speaks
Time: 1:15pm GMT
Currency: CAD
Impact: Medium
Source: Bank of Canada
Description: Bank of Canada Deputy Governor, John Murray will deliver a speech on the health of Canada’s economy.
Federal Reserve Chairman Bernanke Speaks
Time: 2:00pm GMT
Currency: USD
Impact: High
Source: Federal Reserve
Description: The Chairman of the Federal Reserve Bank, Ben Bernanke will deliver a speech on the economy.
Business Inventories
Time: 2:00pm GMT
Currency: USD
Impact: Medium
Source: Census Bureau
Description: The change in the total value of inventory held by retailers, manufacturers and wholesalers.
Tags: Bank of Canada, Ben Bernanke, Business Inventories, CAD, Census Bureau, CHF, Core Retail Sales, CPI, Department of Labor, Empire State Manufacturing Index, EUR, Federal Reserve, Federal Reserve Bank of New York, Federal Statistical Office, GBP, German ZEW Economic Sentiment, Governor John Murray, Industrial Production, Inflation Report Hearings, Labor Productivity, National Statistics, Parliament, PPI, Retail sales, RPI, Statistics Canada, USD, ZEW
Posted in Economic News | No Comments »
August 26th, 2009
Some fairly high impact news out today so watch out for movement if your Forex trading strategy includes USD or EUR. Don’t forget to follow updates on Twitter, too.
German Ifo Business Climate
Time: 8:00am GMT
Currency: EUR
Impact: High
Source: Ifo Institute for Economic Research
Description: A leading indicator of economic health, this is the results of a survey of manufacturers, wholesalers, retailers and builders.
Core Durable Goods Orders
Time: 12:30pm GMT
Currency: USD
Impact: High
Source: Census Bureau
Description: This is the change in the total value of purchases recorded by manufacturers for durable goods, not including transportation. Durable goods figures (including transportation) are released simultaneously but with a lesser impact.
New Home Sales
Time: 2:00pm GMT
Currency: USD
Impact: High
Source: Census Bureau
Description: This is the number of new homes purchased in the previous month, represented as an annual figure.
Crude Oil Inventories
Time: 2:30pm GMT
Currency: USD
Impact: Medium
Source: Energy Information Administration
Description: The change in the amount of barrells of oil held by US companies.
FOMC Member Lockhart Speaks
Time: 4:00pm GMT
Currency: USD
Impact: Medium
Source: Federal Reserve Bank of Atlanta
Description: Dennis Lockhart, member of the Federal Open Market Committee will make a speech where he could give clues as to future monetary policy.
Tags: Census Bureau, Core Durable Goods Orders, Crude oil inventories, Energy Information Administration, EUR, Federal Open Market Committee, Federal Reserve Bank of Atlanta, FOMC, FOMC Member Lockhart Speaks, German Ifo Business Climate, Ifo Institute for Economic Research, New Home Sales, USD
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 »
