The Household Confidence determines the mood of households regarding economic activity.
It is a leading indicator as it can predict the consumer spending, which is a major
part in the total economic activity.
The reading is concluded from a survey of about 5000 households.
Higher readings point to higher consumer optimism.
A higher than expected reading should be taken as positive/bullish for the JPY,
while a lower than expected reading should be taken as negative/bearish for the JPY.
The German Consumer Price Index (CPI) measures the changes in the price of goods
and services. The CPI measures price change from the perspective of the consumer.
It is a key way to measure changes in purchasing trends and inflation in Germany.
A higher than expected reading should be taken as positive/bullish for the EUR
(as the common way to fight inflation is raising rates, which may attract foreign investment), while a lower than expected reading should be taken as negative/bearish for the EUR.
The Machine Tool Orders measures the change in tool orders by manufacturers.
It indicates manufacturers' activity and therefore the business conditions in Japan.
A rise trend in the number of orders indicates expansion of the Japanese economy.
A higher than expected reading should be taken as positive/bullish for the JPY,
while a lower than expected reading should be taken as negative/bearish for the JPY.
The French Nonfarm Payrolls measures the change in the number of employed people during the last month of all non-farming businesses.
A rise trend indicates strength in the labor market
and has a positive affect on consumer spending and therefore on the economic growth. A higher than expected reading should be taken as positive/bullish for the EUR,
while a lower than expected reading should be taken as negative/bearish for the EUR.
The ECB (European Central Bank) report provides monthly information regarding money market interests, growth outlook, saving trends and various economic issues. It is released monthly, 7 days after the Interest Rate Decision release.
The Trade Balance index measures the difference in worth between exported and imported goods (exports minus imports).
This is the largest component of a country's balance of payments.
Export data can give reflection on the UK growth.
Imports provide an indication of domestic demand.
Because foreigners must buy the domestic currency to pay for the nation's exports,
it may have sizable affect on the GBP.
A higher than expected reading should be taken as positive/bullish for the GBP,
while a lower than expected reading should be taken as negative/bearish for the GBP.
The Bank of England (BOE) decision on short term interest rate.
The decision on where to set interest rates depends mostly on growth outlook and inflation.
The primary objective of the central bank is to achieve price stability.
High interest rates attract foreigners looking for the best "risk-free" return on their money, which can dramatically increases demand for the nation's currency.
A higher than expected rate is positive/bullish for the GBP,
while a lower than expected rate is negative/bearish for the GBP.
The Housing Starts captures annualized number of the new homes or buildings began construction in the given month.
It shows the strength of the Canadian housing market, which helps to analysis the
economy as a whole as the housing market is a key factor in the economy.
A higher than expected reading should be taken as positive/bullish for the CAD,
while a lower than expected reading should be taken as negative/bearish for the CAD.
The Trade Balance index measures the difference in worth between exported and imported goods (exports minus imports).
This is the largest component of a country's balance of payments.
Export data can give reflection on Canada's growth.
Imports provide an indication of domestic demand.
Because foreigners must buy the domestic currency to pay for the nation's exports,
it may have sizable affect on the CAD.
A higher than expected reading should be taken as positive/bullish for the CAD,
while a lower than expected reading should be taken as negative/bearish for the CAD.
The New Housing Price Index (NHPI) measures the change in prices for new homes.
It is a component of the Consumer Price Index.
This report helps to analyze the strength of the Canadian
housing market, which helps to analysis the economy as a whole.
A higher than expected reading should be taken as positive/bullish for the CAD,
while a lower than expected reading should be taken as negative/bearish for the CAD.
The Trade Balance index measures the difference in worth between exported and imported goods (exports minus imports).
This is the largest component of a country's balance of payments.
Export data can give reflection on the US growth.
Imports provide an indication of domestic demand.
Because foreigners must buy the domestic currency to pay for the nation's exports,
it may have sizable affect on the USD.
A higher than expected reading should be taken as positive/bullish for the USD,
while a lower than expected reading should be taken as negative/bearish for the USD.
The Initial Jobless Claims is a seasonally adjusted measure of the number of people who file for unemployment benefits for the first time during the given week.
This data is collected by the Department of Labor, and published as a weekly report.
The number of jobless claims is used as a measure of the health of the job market, as a series of increases indicates that there are fewer people being hired.
On a week-to-week basis, claims are quite volatile.
Usually, a move of at least 35K in claims, is required to signal a meaningful change in job growth.
A higher than expected reading should be taken as negative/bearish for the USD,
while a lower than expected reading should be taken as positive/bullish for the USD.
The EIA (Energy Information Administration) Natural Gas Storage measures the change in the number of cubic feet of natural gas held in underground storage during the past week.
The Energy Information Administration's (EIA) Crude Oil Inventories measures the weekly increase in barrels of commercial crude oil held in inventory by US firms. The level of inventories influences the price of petroleum products, which can have an impact on inflation and other economic forces.
The Terms Of Trade Index is a measure of the changes in the levels of both prices and volumes of imports and exports of merchandise trade to and from New Zealand.
Because New Zealand's economy relies so highly on exports, this number gives an important indication of the nation's growth.
A higher than expected reading should be taken as positive/bullish for the NZD,
while a lower than expected reading should be taken as negative/bearish for the NZD.
The Gross Domestic Product (GDP) is the broadest measure of economic activity
and is a key indicator for the economy's health.
The quarterly percent changes in GDP shows the growth rate of the economy as a whole. A higher than expected reading should be taken as positive/bullish for the JPY,
while a lower than expected reading should be taken as negative/bearish for the JPY.
The Corporate Goods Price Index (CGPI) measures the change in the selling prices of goods purchased by Japanese corporations.
The CPGI measures the change in the rate of inflation in Japan from the perspective of the manufacturer and is correlated with the CPI.
A higher than expected reading should be taken as positive/bullish for the JPY
(as the common way to fight inflation is raising rates, which may attract foreign investment), while a lower than expected reading should be taken as negative/bearish for the JPY.
The GDP Price Index measures the change in the price of all goods and services included in GDP.
Therefore - the GDP Price Index is a key inflation measure.
A higher than expected reading should be taken as positive/bullish for the JPY
(as the common way to fight inflation is raising rates, which may attract foreign investment), while a lower than expected reading should be taken as negative/bearish for the JPY.
