currencies

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

Economic events scheduled for today 01:30:00   AUD   Producer Price Index (QoQ)   0.30% The Producer Price Index released by the Australian Bureau of Statistics measures the average changes in prices in the Australian markets by producers of commodities. Changes in the PPI are widely followed as an indicator of commodity inflation. A high reading is seen as

Economic events scheduled for today 06:00:00   EUR   Producer Price Index (MoM)   0.40%   0.40% The Producer Price Index released by the Statistisches Bundesamt Deutschland measures the average changes in prices in the German primary markets. Changes in the PPI are widely followed as an indicator of commodity inflation. Generally speaking, a high reading is seen as positive (or

Economic events scheduled for today 14:00:00   EUR   Consumer Confidence The Consumer Confidence released by the European Commission is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish)