Market Reviews

Economic Data for May 10 2012 The calendar has been thin all week; today kicks off with Australia Unemployment numbers and Chinese Manufacturing and Trade Balance and continues to Japan for current account data and trade balance. In Europe, we will see a lot of data coming from the UK including the Bank of England […]

Economic Events for May 9, 2012 for the European and US Markets Today’s eco calendar is virtually bear, with only some local and regional released, which will not have any market affects. The main events coming up are begin on the 10th, when things begin to get exciting. We will see lots of data from

Economic Events for May 8, 2012 for the European and US Markets 00:01   GBP   RICS House Price Balance   -10%   -10% The Royal Institution of Chartered Surveyors (RICS) House Price Balance measures the percentage of surveyors reporting a house price increase in their designated area. A level above 0.0% indicates more surveyors reported a rise in

Economic Events for May 7, 2012 for the European and US Markets 01:30   AUD   NAB Business Confidence   3 The National Australia Bank (NAB) Business Confidence Index rates the current level of business conditions in Australia. Changes in business sentiment can be an early signal of future economic activity such as spending, hiring, and investment. The

Economic Events for May 4, 2012 for the European and US Markets 08:15   CHF   Retail Sales Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity. 10:00   EUR   Retail Sales Retail Sales

Economic Events for May 3, 2012 for the European and US Markets GBP   Nationwide HPI Change in the selling price of homes with mortgages backed by Nationwide. It’s a leading indicator of the housing industry’s health because rising house prices attract investors and spur industry activity EUR   French Industrial Production It’s a leading indicator of

Economic events scheduled for today 01:30  JPY    Labor Cash Earnings Indicator released by the Ministry of Health, Labour and Welfare shows the average income, before taxes, per regular employee. It includes overtime pay and bonuses but it doesn’t take into account earnings from holding financial assets or capital gains. Higher income puts upward pressures over consumption; therefore

Economic events scheduled for today 02:00   CNY   Chinese Manufacturing PMI   53.60   53.10 China Manufacturing Purchasing Managers Index (PMI) provides an early indication each month of economic activities in the Chinese manufacturing sector. It is compiled by China Federation of Logistics & Purchasing (CFLP) and China Logistics Information Centre (CLIC), based on data collected by the

Economic events scheduled for today 08:30   CAD   GDP Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy’s health. Canada releases fresh GDP data on a monthly basis. 13:30  

Economic events scheduled for today 02:30   AUD   CPI (QoQ)   0.6% The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation. 07:00   EUR   Finnish Unemployment Rate   7.40% The unemployment rate represents the