M3 Money Supply

The M3 Money Supply released by the Reserve Bank of India measures all the India Rupees in circulation, encompassing notes and coins as well as money held in bank accounts. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rates. An acceleration of the M3 money is considered as positive for the Rupee, whereas a decline is negative.

MBA Mortgage Applications

The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

Current Account

The current account, released by Banco Central do Brasil is a net flow of current transactions, including goods, services and interest payments into and out of Brazil. A current account surplus indicates that the flow of capital into Brazil exceeds the capital reduction. A high reading is seen as positive (or bullish) for the BRL, whereas a low reading is seen as negative (or bearish).

Current Account Balance EUR

The current account, released by the Narodna banka Slovenska is a net flow of current transactions, including goods, services and interest payments into and out of the Slovak Republic. A current account surplus indicates that the flow of capital into Slovakia exceeds the capital reduction. A high reading is seen as positive (or bullish) for the Euro, whereas a low reading is seen as negative (or bearish).

Durable Goods Orders ex Defense

The Durable Goods Orders excluding Defense, released by the US Census Bureau, measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, excluding the defense sector. As those durable products often involve large investments they are sensitive to the US economic situation. Generally speaking, a high reading is bullish for the USD, while a low reading is seen as Bearish.

Nondefense Capital Goods Orders ex Aircraft

The Nondefense Capital Goods Orders Excluding Aircraft, released by the US Census Bureau, measures the cost of orders received by manufacturers for capital goods (capital goods are durable goods used in the production of goods or services), which means goods planned to last for three years or more, excluding the defense and aircraft sectors. As those durable products often involve large investments they are sensitive to the US economic situation. Generally speaking, a high reading is bullish for the USD, while a low reading is seen as Bearish.

Durable Goods Orders ex Transportation

The Durable Goods Orders measures, released by the US Census Bureau, the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, excluding the transport sector. As those durable products often involve large investments they are sensitive to the US economic situation. Generally speaking, a high reading is bullish for the USD, while a low reading is seen as Bearish.

Durable Goods Orders

The Durable Goods Orders, released by the US Census Bureau, measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, such as motor vehicles and appliances. As those durable products often involve large investments they are sensitive to the US economic situation. The final figure shows the state of US production activity. Generally speaking, a high reading is bullish for the USD.

ECB's Lane speech

Philip Richard Lane is an Executive Board member of the European Central Bank since June 1st, 2019 and its Chief Economist. Before being appointed as an ECB member, he was the Governor of the Central Bank of Ireland.

EIA Crude Oil Stocks Change

The EIA Crude Oil stockpiles report is a weekly measure of the change in the number of barrels in stock of crude oil and its derivates, and it's released by the Energy Information Administration. This report tends to generate large price volatility, as oil prices impact on worldwide economies, affecting the most, commodity related currencies such as the Canadian dollar. Despite it has a limited impact among currencies, this report tends to affect the price of oil itself, and, therefore, had a more notorious impact on WTI crude futures.

FOMC Press Conference

The press conference is about an hour long and has 2 parts - first a prepared statement is read, then the conference is open to press questions. The questions often lead to unscripted answers that create heavy market volatility.

Fed's Monetary Policy Statement

Following the Fed's rate decision, the FOMC releases its statement regarding monetary policy. The statement may influence the volatility of USD and determine a short-term positive or negative trend. A hawkish view is considered as positive, or bullish for the USD, whereas a dovish view is considered as negative, or bearish.

Fed Interest Rate Decision

With a pre-set regularity, a nation's Central Bank has an economic policy meeting, in which board members took different measures, the most relevant one, being the interest rate that it will charge on loans and advances to commercial banks. In the US, theBoard of Governors of the Federal Reserve meets​ at intervals of five to eight weeks, in which they announce their latest decisions. A rate hike tends to boost the local currency, as it is understood as a sign of a healthy inflation. A rate cut, on the other hand, is seen as a sign of economic and inflationary woes and, therefore, tends to weaken the local currency. If rates remain unchanged, attention turns to the tone of the FOMC statement, and whether the tone is hawkish, or dovish over future developments of inflation.

BCCH Interest Rate

The interest rate and the monetary policy, announced by the Banco Central de Chile is the costo of the money and the measures adopted by the central bank to achieve major national economic goals. This interest rate affects the whole range of interest rates set by commercial banks, building societies and other institutions for their own savers and borrowers. It also tends to affect the exchange rate. Generally speaking, if the bank is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CLP.

BOK Manufacturing BSI

The Manufacturing BSI released by the Bank of Korea shows the opinion of manufacturing executives regarding production expectations, order books and finished goods inventories. A high reading is seen as positive (or bullish) for the Korean Won, while a low reading is seen as negative (or bearish).

Trade Balance NZD (MoM)

The Trade Balance released by the Statistics New Zealand is a measure of balance amount between import and export, and it is published in New Zealand dollar terms. A positive value shows a trade surplus while a negative value shows a trade deficit. Any variation in the figures influences the domestic economy. If a steady demand in exchange for exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the NZD.
Review Alex Nekritin's Article - Trading New Zealand Dollar with New Zealand Trade Balance

Trade Balance NZD (YoY)

Trade balance, released by Statistics New Zealand, is the difference between the value of country's exports and imports, over a period of year. A positive balance means that exports exceed imports, a negative ones means the opposite. Positive trade balance illustrates high competitiveness of country's economy.

Exports

Exports of goods and services, released by Statistics New Zealand, consist of transactions in goods and services (purchases, barter, gifts or grants) from residents to non-residents.

Imports

Imports of goods and services, released by Statistics New Zealand, consist of transactions in goods and services (purchases, barter, gifts or grants) from non-residents to residents.

World Economic Forum - Davos

The World Economic Forum is an economic forum annual meeting where world authorities exchange their opinions. Major topics are economic instability, climate change and equitable growth. An optimistic view of those authorities is considered as positive, or bullish for the markets, whereas a pessimistic view is considered as negative, or bearish.