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New Zealand General Election

The 2017 New Zealand general election will take place on Saturday 23 September 2017 to determine the membership of the 52nd New Zealand Parliament.

Heritage Day

Banks will be closed due to Heritage Day.

Federal election

German federal election will be held to choose the 598 members of the Bundestag, the main federal legislative house of Germany. The new Bundestag will have to elect a Chancellor with an absolute majority of its members, who will form a new government.

Nikkei Manufacturing PMI

The Nikkei Manufacturing PMI gives an early snapshot of the health of manufacturing sector in Japan. The Manufacturing PMI is a significant indicator of business conditions and the overall economic condition in Japan. A result above 50 signals appreciation and is bullish for the JPY, whereas a result below 50 is seen as bearish.

Bank Indonesia Rate

Interest Rate Decision is announced by the Bank Indonesia. Monitary policy refers to the actions undertaken by a country's monetary authority, central bank or government to achieve certain national economic goals. It is based on the relationship between interest rates at which money can be borrowed and total supply of money.

Consumer Price Index (YoY)

The Consumers Price Index (CPI), released by Statistics Singapore, measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. Consumer Price Index is the most frequently used indicator of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.

Leading Economic Index

The Leading Economic Index released by the Cabinet Office is an economic indicator that consists of 12 indexes such as account inventory ratios, machinery orders, stock prices and other leading economic indicators. It shows the performance of the Japanese Economy over the short and mid-term. Generally speaking, a higher-than-previous reading is considered positive (or bullish) for the JPY, whereas a result worse than the previous is seen as bearish.

Coincident Index

The Coincident Index released by the Cabinet Office is a single summary statistic that tracks the current state of the Japanese economy. A rise in the index indicates an expansion of economic activity and a decline in the index indicates a contraction in economic activity. Generally speaking, a result that values above 50% signals appreciates (or is bullish for) the JPY, whereas a result that values below 50% is seen as negative (or bearish).

Industrial Production (YoY)

The Industrial Production released by Statistics Austria shows the volume of production of Austrian industries such as factories and manufacturing. An uptrend is regarded as inflationary which may anticipate interest rates to rise. If high industrial production growth comes out, this may generate a positive sentiment (or bullish) for the Euro.

Producer Price Index (YoY)

The Producer Price Index released by the Statistics Finland measures the average changes in prices in primary markets of Finland by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. Generally speaking, a high reading is seen as positive (or bullish) for the EUR, whereas a low reading is seen as negative (or bearish).

Export Prices (YoY)

The Export Price Index released by Statistics Finland informs of the changes in the price of Finnish export goods and services. A rise in prices is a threat over the mid-term as higher prices mean lower demands to be expected.

Import Prices (YoY)

The Import Price Index released by Statistics Finland informs the changes in the price of imported products into the Finland. The higher the cost of imported goods, the stronger the effect they will have on inflation, making a higher probability of a rate rise. Therefore, a high reading should be taken as positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

IFO - Business Climate

This German business sentiment index released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish).

IFO - Current Assessment

The IFO Current Assessment released by the CESifo Group is closely watched as an indicator of current conditions and business expectations in Germany. The Institute surveys more than 7,000 enterprises on their assessment of the business situation and their short-term planning. The positive economic growth anticipates bullish movements for the EUR, while a low reading is seen as negative (or bearish).
Review Alex Nekritin's Article - Trading Euro with IFO Report

IFO - Expectations

The IFO Expectations released by the CESifo Group is closely watched as an early indicator of current conditions and business expectations for the next six months, where firms rate the future outlook as better, same, or worse. An optimistic view of those 7,000 business leaders and senior managers is considered as positive, or bullish for the EUR, whereas a pessimistic view is considered as negative, or bearish.
Review Alex Nekritin's Article - Trading Euro with IFO Report

Gross Domestic Product (QoQ)

The Gross Domestic Product released by Statistics Austria is a measure of the total value of all goods and services produced by Ausria. The GDP is considered as a broad measure of economic activity and health. Generally speaking, a high reading is seen as positive (or bullish) for the Euro, while a negative trend is seen as negative (or bearish).

FPC Statement

Financial Policy Committee Statement includes detailed analysis on the stability of the financial system, an assessment of potential risks to financial stability, and recommendations to protect and enhance the resilience of the UK financial system.

Manufacturing Confidence

The Manufacturing Confidence released by the Central Bank of Turkey 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 Lira, while a low reading is seen as negative (or bearish).

Capacity Utilization

The Capacity Utilization released by TurkStat is the percentage of the Turkish production capacity which is actually used over the short-time period. It is indicative of overall growth and demand in the Turkish economy. A high capacity utilization stimulates inflationary pressures. Generally speaking, a high reading is seen as positive (or bullish) for the Lira, while a low reading is seen as negative (or Bearish).

Chicago Fed National Activity Index

The Chicago Fed National Activity Index (CFNAI), released by Federal Reserve Bank of Chicago, is a monthly index designed to gauge overall economic activity and related inflationary pressure.

Dallas Fed Manufacturing Business Index

The Dallas Fed conducts the Texas Manufacturing Outlook Survey monthly to obtain a timely assessment of the state's factory activity. Firms are asked by Federal Reserve Bank of Dallas whether output, employment, orders, prices and other indicators increased, decreased or remained unchanged over the previous month. Survey responses are used to calculate an index for each indicator. Each index is calculated by subtracting the percentage of respondents reporting a decrease from the percentage reporting an increase.

Consumer Sentiment Index

The Consumer Sentiment Index released by the Bank of Korea is a leading survey that measures the level of consumer confidence in economic activity. A high level of consumer sentiment stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the Korean Won, while a low reading is seen as negative (or bearish).

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.

Trade Balance (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.

Trade Balance (MoM)

The Trade Balance released by the Statistics New Zealand is a measure of balance amount between import and export. 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

Corporate Service Price (YoY)

The Corporate Service Price Index (CSPI) released by the Bank of Japan measures the prices of services traded among companies. It presents price developments that reflect most sensitively the supply and demand conditions in the services market. It is also considered as an indicator for inflationary pressures. Normally, a high reading is seen as positive (or bullish) for the JPY, while a low reading is seen as negative (or bearish).

BoJ Monetary Policy Meeting Minutes

The Bank of Japan publishes a study of economic movements in Japan after the actual meeting. These meetings are held to review economic developments inside and outside of Japan and indicate a sign of new fiscal policy. Any changes in this report tend to affect the JPY volatility. Generally speaking, if the BoJ minutes show a hawkish outlook, that is seen as positive (or bullish) for the JPY, while a dovish outlook is seen as negative (or bearish).

ANZ Activity Outlook

The business outlook, released by The National Bank of New Zealand, is designed to provide a snapshot of business opinions regarding the expecting future state of their business and the New Zealand economy overall.

ANZ Business Confidence

The Business Confidence released by the ANZ shows the business outlook in New Zealand. The Business Confidence allows analysis of economic situation in the short term. Increasing numbers indicates increases in business investment that lead to higher levels of output. Thus, a high reading is seen as positive (or bullish) for the NZD, while a low reading is seen as negative (or bearish).

Unemployment Rate

The Unemployment Rate released by the Statistics Finland is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Finnish economy. If the rate is up, it indicates a lack of expansion within the Finnish labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the EUR, while an increase is seen as negative (or bearish).

Producer Price Index (MoM)

The Producer Price Index released by the SCB - Statistics Sweden measures the average changes in prices in primary markets of Sweden by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. Generally speaking, a high reading is seen as positive (or bullish) for the Krona, whereas a low reading is seen as negative (or bearish).

Producer Price Index (YoY)

The Producer Price Index released by the SCB - Statistics Sweden measures the average changes in prices in primary markets of Sweden by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. Generally speaking, a high reading is seen as positive (or bullish) for the Krona, whereas a low reading is seen as negative (or bearish).

BBA Mortgage Approvals

The Mortgage Approvals published by the British Bankers' Association (BBA) measure the number of home loans issued by the BBA during the previous quarter. It is considered as a leading indicator of the UK Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall UK economy. Normally, a high reading is seen as positive (or bullish) for the GBP, while a low reading is seen as negative (or bearish).

Inflation Report Hearings

The Treasury Committee is appointed by the House of Commons to examine the expenditure, administration and policy of HM Treasury, HM Revenue & Customs, and associated public bodies, including the Bank of England and the Financial Services Authority.

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).

Redbook index (YoY)

The Johnson Redbook Index, released by Redbook Research Inc., is a sales-weighted of year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9.000 stores. By dollar value, the index represents over 80% of the equivalent "official" retail sales series collected and published by the US Department of Commerce.

Redbook index (MoM)

The Johnson Redbook Index, released by Redbook Research Inc., is a sales-weighted of year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9.000 stores. By dollar value, the index represents over 80% of the equivalent "official" retail sales series collected and published by the US Department of Commerce.

Jobless Rate s.a

The Jobless Rate figure released by INEGI is the number of unemployed workers in the economy. If the number rises, it indicates a lack of expansion within the Mexican labor market and thus a weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Mexican Peso, while an increase is seen as negative (or bearish).