Forex news summary for Tuesday, 15th September

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.

Forex news summary for Monday, 14th September

September 14th, 2009

Industrial Production

Time: 9:00am GMT
Currency: EUR
Impact: Medium
Source: Eurostat
Description: This is the change in the total value of inflation-adjusted output from mines, manufacturers and utilities.

FOMC Member Lacker Speaks

Time: 4:30pm GMT
Currency: USD
Impact: Medium
Source: Federal Reserve Bank of Richmond
Description: President of the Federal Reserval Bank of Richmond, Jeffrey Lacker will give a speech which may include hints on future monetary policy and questions may be taken from the audience also.

Forex news summary for London session, 7th September

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.

Forex news for London session, 26th August

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.

Forex news for London session, August 25th

August 25th, 2009

Once again, here is the high and medium impact economic news to look out for during today’s London Forex trading session.

Employment Level

Time: 7:15pm GMT
Currency: CHF
Impact: Medium
Source: Federal Statistical Office
Description: This is the number of people employed during the previous quarter and gives an indication of consumer spending.

Gov Board Member Hildebrand Speaks

Time: 8:15am GMT
Currency: CHF
Impact: Medium
Source: Swiss National Bank
Description: The vice-chairman of the SNB’s governing board will deliver a speech entitled, “Financial Crisis: Two Years Later” which may include hints about future policy.

BBA Mortgage Approvals

Time: 8:30am GMT
Currency: GBP
Impact: Medium
Source: British Banker’s Association
Description: A leading indicator of housing market demand, showing how many people are entering the market.

Gov Member Jordan Speaks

Time: 9:30am GMT
Currency: CHF
Impact: Medium
Source: Swiss National Bank
Description: This speech by a governing member of the Swiss National Bank may provide clues as to future policy.

NBB Business Climate

Time: 1:00pm
Currency: EUR
Impact: Medium
Source: National Bank of Belgium
Description: Results of a highly respected survey of manufacturers, builders, services firms and trade companies.

Standard & Poor’s Composite-20 HPI

Time: 1:00pm GMT
Currency: USD
Impact: Medium
Source: Standard & Poor
Description: This is the change in the price of single-family homes taken from 20 metropolitan areas.

CB Consumer Confidence

Time: 2:00pm
Currency: USD
Impact: High
Source: The Conference Board, Inc.
Description: A consumer confidence index based on surveyed households.

Gov Member Jordan Speaks

Time: 3:15pm GMT
Currency: CHF
Impact: Medium
Source: Swiss National Bank
Description: This speech by a governing member of the Swiss National Bank may provide clues as to future policy.

MPC Member Bean Speaks

Time: 4:15pm GMT
Currency: GBP
Impact: Medium
Source: Bank of England
Description: Voting member of the Monetary Policy Committee, Charles Bean will make a speech that may include clues to future monetary policy from the Bank of England.

Forex news for London session, August 24th

August 24th, 2009

Don’t forget to follow our forex news updates on Twitter as well!

Industrial New Orders

Time: 9:00am
Currency: EUR
Impact: Medium
Source: Eurostat
Description: Leading indicator of production, using new purchase orders as a guage.

Core Retail Sales

Time: 12:30pm
Currency: CAD
Impact: High
Source: Statistics Canada
Description: A key indicator of consumer confidence, this announcement reports the level of retail sales, excluding the automobile industry.
Notes: Released at the same time is the retail sales figure including automobiles but is seen as more volatile and has a lesser impact.

Forex economic news for London session, August 21st

August 21st, 2009

Hi traders, below is the summary of news four today. Just four items all of which will be announced on Twitter as well.

Flash Manufacturing PMI

Time: 8:00am GMT
Currency: EUR
Impact: Medium
Source: Markit
Description: Results of a survey of purchasing managers in the manufacturing industry.

Flash Services PMI

Time: 8:00am GMT
Currency: EUR
Impact: Medium
Source: Markit
Description: Results of a survey of purchasing managers in the services industry.

Existing Home Sales

Time: 2:00pm GMT
Currency: USD
Impact: High
Source: National Association of Realtors
Description: The number of new builds that were sold in the previous month, represented annually.

Fed Chairman Bernanke Speaks

Time: 2:00pm GMT
Currency: USD
Impact: High
Source: Federal Reserve
Description: The Chairman of the Federal Reserve will make a speech about the past year which may include clues as to future policy decisions.

Forex economic news summary for the London session, August 18th

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.