ANZ Commodity Price

ANZ commodity prices released by National Bank ANZ are considered an early indicator of change. exchange prices of exported goods. The change in the price of exported goods affects the GDP and the exchange rate. Rising export prices may indicate the strength of NZD, while falling prices may indicate the weakness of NZD. A high index is considered positive (or uptrend) for NZD, while a low index is considered negative (or a downtrend).

BRC Shop Price Index (YoY)

The British Retail Consortium (BRC) Shop Price Index measures price changes in the popular retail outlets in the UK. The changes in the SPI are widely followed as an indicator for inflationary pressures. A high reading is seen as positive (or bullish) for the GBP, whereas a low reading is seen as negative (or bearish).

Nikkei Manufacturing PMI

The PMI released by the Markit Economics is an indicator of the economic situation in Hong Kong. It captures an overview of the condition of sales and employment. Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually a result above 50 is bullish, whereas a result below 50 is seen as bearish.

Jibun Bank Services PMI

The Jibun Bank Services Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic conditions in Japan. A result above 50 signals is bullish for the JPY, whereas a result below 50 is seen as bearish.

Gross Domestic Product (YoY)

The Gross Domestic Product released by the Australian Bureau of Statistics is a measure of the total value of all goods and services produced by Australia. The GDP is considered as a broad measure of economic activity and health. A rising trend has a positive effect on the AUD, while a falling trend is seen as negative (or bearish) for the AUD.

Gross Domestic Product (QoQ)

The Gross Domestic Product released by the Australian Bureau of Statistics is a measure of the total value of all goods and services produced by Australia. The GDP is considered as a broad measure of the economic activity and health. A rising trend has a positive effect on the AUD, while a falling trend is seen as negative (or bearish) for the AUD.

Purchasing Manager Index Services

The Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. The manufacturing PMI is an important indicator of business conditions and the overall economic condition in Ireland. A result above 50 signals is bullish for the Euro, whereas a result below 50 is seen as bearish.

Caixin Services PMI

The Caixin Services PMI™, released by Markit Economics, is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy.

Purchasing Manager Index Services

The PMI service released by the Markit Economics is an indicator of the economic situation in the Russian Federation services sector. It captures an overview of the condition of sales and employment.   Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually a result above 50 is bullish for the Ruble, whereas a result below 50 is seen as bearish.

Current Account

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

Producer Price Index (MoM)

The Producer Price Index released by TurkStat measures the average changes in prices in primary markets of Turkey 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 Lira, whereas a low reading is seen as negative (or bearish).

Producer Price Index (YoY)

The Producer Price Index released by TurkStat measures the average changes in prices in primary markets of Turkey 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 Lira, whereas a low reading is seen as negative (or bearish).

Consumer Price Index (YoY)

The Consumer Price Index released by TurkStat is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of the Lira is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the Lira, while a low reading is seen as negative (or bearish).

Consumer Price Index (MoM)

The Consumer Price Index released by TurkStat is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of the Lira is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the Lira, while a low reading is seen as negative (or bearish).

Consumer Price Index (YoY)

The Consumer Price Index, issued by the Swiss Federal Statistical Office, measures the average price change for all goods and services purchased by households for consumption purposes. CPI is the main indicator to measure inflation and changes in purchasing trends.The purchase power of CHF is dragged down by inflation. A high reading is positive for the CHF, while a low reading is negative.

Consumer Price Index (MoM)

The Consumer Price Index, issued by the Swiss Federal Statistical Office, measures the average price change for all goods and services purchased by households for consumption purposes. CPI is the main indicator to measure inflation and changes in purchasing trends.The purchase power of CHF is dragged down by inflation. A high reading is positive for the CHF, while a low reading is negative.

Budget

The Budget Balance released by MINEFA is the difference between income and expenditure at the end of the budget's period . If the amount is positive then the balance shows a surplus, to the contrary, if it is negative, the balance is in deficit, therefore unveiling borrowing needs. Generally, a surplus is seen as positive (or bullish) for the Euro and a deficit is seen as negative (or bearish).

Markit Services PMI

The Purchasing Managers Index (PMI) Services released by Markit Economics captures business conditions in the services sector. As the services sector dominates a large part of total GDP, this PMI is an important indicator of business conditions and the overall economic condition in Spain. A result above 50 signals bullish sentiment for the Euro, whereas a result below 50 is seen as bearish.

Retail Sales

Retail Sales, released by Census and Statistics Department, data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP. Rising retail sales indicate stronger economic growth. However, if the increase is larger than forecast, it may be inflationary.

Markit Services PMI

The Services PMI released by the Markit Economics is an indicator of the economic situation in Italian services sector. It captures an overview of the condition of sales and employment. Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually, a result above 50 is bullish for the Euro, whereas a result below 50 is seen as bearish.

Markit Services PMI

The Services Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic condition in France. A result above 50 signals is bullish for the Euro, whereas a result below 50 is seen as bearish.

Markit PMI Composite

The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and services companies. Data is usually released on the third working day of each month. Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month. From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).

Markit Services PMI

The Services PMI released by the Markit Economics interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

Markit PMI Composite

The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and services companies. Data is usually released on the third working day of each month. Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month. From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).

Markit Services PMI

The PMI service released by the Markit Economics is an indicator of the economic situation in the Euro Zone services sector. It captures an overview of the condition of sales and employment. It is worth noting that the European service sector does not influence, either positively or negatively, the GDP as much as the PMI manufacturing does. Any reading above 50 signals expansion, while a reading under 50 shows contraction. Usually a result above 50 is bullish for the EUR, whereas a result below 50 is seen as bearish.

NBP Base rate

The Base Rate is announced by the National Bank of Poland . If the NBP is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the Zloty. Likewise, if the NBP has a dovish view on the Polish economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

Markit PMI Composite

The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and services companies. Data is usually released on the third working day of each month. Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month. From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).

Gross Domestic Product (YoY)

The Gross Domestic Product released by the National Institute of Statistics is a measure of the total value of all goods and services produced by Italy. 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).

Gross Domestic Product (QoQ)

The Gross Domestic Product released by the National Institute of Statistics is a measure of the total value of all goods and services produced by Italy. 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).

Markit Services PMI

The PMI service released by both the Chartered Institute of Purchasing & Supply and the Markit Economics is an indicator of the economic situation in the UK services sector. It captures an overview of the condition of sales and employment. It is worth noting that the UK service sector does not influence, either positively or negatively, the GDP as much as the Manufacturing PMI does. Traders want the highest possible reading as that will be taken as positive for the GBP. Any reading above 50 signals expansion, while a reading under 50 shows contraction.

Business Confidence Index

The Business Confidence Index published by the South African Chamber of Commerce & Industry captures the sentiment of the business community. Respondents deal with their businesses' spending, employment, consumption and investment situation. It is followed as it flags potential changes in economic growth. Generally, a high reading is seen as positive (or bullish) for the Rand, while a low reading is negative (or bearish).

Producer Price Index (YoY)

The Producer Price Index (PPI) released by the Eurostat is an index that measures the change in prices received by domestic producers of commodities in all stages of processing (crude materials, intermediate materials, and finished goods). Generally, a high reading is seen positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

Producer Price Index (MoM)

The Producer Price Index (PPI) released by the Eurostat is an index that measures the change in prices received by domestic producers of commodities in all stages of processing (crude materials, intermediate materials, and finished goods). Generally, a high reading is seen positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

German Buba President Weidmann speech

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Gross Domestic Product (YoY)

The Gross Domestic Product released by the Instituto Brasileiro de Geografia e Estatistica is a measure of the total value of all goods and services produced by Brazil. The GDP is considered as a broad measure of the Brazilian economic activity and health. A rising trend has a positive effect on the BRL, while a falling trend is seen as negative (or bearish ).

Gross Domestic Product (QoQ)

The Gross Domestic Product released by the Instituto Brasileiro de Geografia e Estatistica is a measure of the total value of all goods and services produced by Brazil. The GDP is considered as a broad measure of the Brazilian economic activity and health. A rising trend has a positive effect on the BRL, while a falling trend is seen as negative (or bearish ).

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).

Budget Report

The Treasury Chancellor presents the economic forecast for next year, containing details about GDP growth estimates, spending and borrowing forecasts as well as fiscal stimulus.

ECB's Panetta speech

Fabio Panetta is a member of the European Central Bank's executive board since January 2020. He was the Senior Deputy Governor of the Bank of Italy before getting appointed to his current ECB position.

ADP Employment Change

The Employment Change released by the Automatic Data Processing, Inc, Inc is a measure of the change in the number of employed people in the US. Generally speaking, a rise in this indicator has positive implications for consumer spending, stimulating economic growth. So a high reading is traditionally seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.