Claws and Horns / Profil
![Claws and Horns Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F_big.png)
Claws and Horns
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
Claws and Horns
News of the day. 08.09.2016
Trade Balance. Australia, 3:30 am
Data on the Trade Balance for July is due in Australia at 3:30 am (GMT+2). Australia’s trade deficit is expected to narrow from 3.195 billion to 2.750 billion. The indicator represents the difference between the value of exports and imports. Positive values imply the balance is in surplus and strengthen the AUD. Negative values indicate the balance deficit and weaken the AUD.
Eco Watchers Survey: Outlook. Japan, 07:00 am
The Eco Watchers Survey Outlook for August is due in Japan at 07:00 am (GMT+2). The index is based on survey responses from employees of the largest companies regarding their opinion on current and future economic trends. A reading above 50 represents a positive assessment of short-term economic prospects and strengthens the JPY. A reading below 50 weakens the JPY suggesting that experts are generally pessimistic about short-term economic prospects.
Foreign Direct Investment. China, 7:30 am
Data on the Foreign Direct Investment for August is due in China at 7:30 am (GMT+2). The indicator represents the general volume of investment capital accumulated by international companies, individuals and economic organizations.
ECB Interest Rate Decision. EU, 1:45 pm
The ECB announces its decision on interest rates at 1:45 pm (GMT+2). The indicator is expected to remain unchanged at 0%. A rate increase strengthens the EUR. A rate decrease weakens the EUR.
ECB Deposit Rate Decision. EU, 1:45 pm
The ECB announces its decision on deposit rates at 1:45 pm (GMT+2). The indicator is expected to remain unchanged at -0.4%. The deposit rate is the interest rate paid on the liquidity that commercial banks may deposit in an account with a national central bank.
ECB Monetary Policy Statement and Press Conference. EU, 2:30 pm
The ECB Monetary Policy Statement and Press Conference are due at 2:30 pm (GMT+2). After the interest rate decision is announced, ECB President gives commentaries and answers questions regarding the most recent monetary policy decisions and current economic conditions in the eurozone.
Initial Jobless Claims. US, 2:30 pm
Data on the Initial Jobless Claims is due in the US at 2:30 pm (GMT+2). The indicator is expected to grow from 263 000 to 265 000. The indicator represents the number of new unemployment claims. The data is published every Thursday and allows approximating what the Nonfarm Payrolls will be. A fall in the indicator strengthens the USD. A growth in the indicator weakens the USD.
New Housing Price Index. Canada, 2:30 pm
The New Housing Price Index for July is due in Canada at 2:30 pm (GMT+2). The indicator represents the price dynamics for new houses. A growth in the index strengthens the CAD. A fall in the index weakens the CAD.
Consumer Credit Change. US, 9:00 pm
Data on the Consumer Credit Change for August is due in the US at 9:00 pm (GMT+2). The indicator is expected to grow from $12.32 billion to $16.00 billion. The indicator represents the change in the volume of outstanding consumer credit in the US. A high reading strengthens the USD. A low reading weakens the USD. Sometimes, a too high reading can indicate credit overconsumption, when consumers take more credit than they actually need.
Trade Balance. Australia, 3:30 am
Data on the Trade Balance for July is due in Australia at 3:30 am (GMT+2). Australia’s trade deficit is expected to narrow from 3.195 billion to 2.750 billion. The indicator represents the difference between the value of exports and imports. Positive values imply the balance is in surplus and strengthen the AUD. Negative values indicate the balance deficit and weaken the AUD.
Eco Watchers Survey: Outlook. Japan, 07:00 am
The Eco Watchers Survey Outlook for August is due in Japan at 07:00 am (GMT+2). The index is based on survey responses from employees of the largest companies regarding their opinion on current and future economic trends. A reading above 50 represents a positive assessment of short-term economic prospects and strengthens the JPY. A reading below 50 weakens the JPY suggesting that experts are generally pessimistic about short-term economic prospects.
Foreign Direct Investment. China, 7:30 am
Data on the Foreign Direct Investment for August is due in China at 7:30 am (GMT+2). The indicator represents the general volume of investment capital accumulated by international companies, individuals and economic organizations.
ECB Interest Rate Decision. EU, 1:45 pm
The ECB announces its decision on interest rates at 1:45 pm (GMT+2). The indicator is expected to remain unchanged at 0%. A rate increase strengthens the EUR. A rate decrease weakens the EUR.
ECB Deposit Rate Decision. EU, 1:45 pm
The ECB announces its decision on deposit rates at 1:45 pm (GMT+2). The indicator is expected to remain unchanged at -0.4%. The deposit rate is the interest rate paid on the liquidity that commercial banks may deposit in an account with a national central bank.
ECB Monetary Policy Statement and Press Conference. EU, 2:30 pm
The ECB Monetary Policy Statement and Press Conference are due at 2:30 pm (GMT+2). After the interest rate decision is announced, ECB President gives commentaries and answers questions regarding the most recent monetary policy decisions and current economic conditions in the eurozone.
Initial Jobless Claims. US, 2:30 pm
Data on the Initial Jobless Claims is due in the US at 2:30 pm (GMT+2). The indicator is expected to grow from 263 000 to 265 000. The indicator represents the number of new unemployment claims. The data is published every Thursday and allows approximating what the Nonfarm Payrolls will be. A fall in the indicator strengthens the USD. A growth in the indicator weakens the USD.
New Housing Price Index. Canada, 2:30 pm
The New Housing Price Index for July is due in Canada at 2:30 pm (GMT+2). The indicator represents the price dynamics for new houses. A growth in the index strengthens the CAD. A fall in the index weakens the CAD.
Consumer Credit Change. US, 9:00 pm
Data on the Consumer Credit Change for August is due in the US at 9:00 pm (GMT+2). The indicator is expected to grow from $12.32 billion to $16.00 billion. The indicator represents the change in the volume of outstanding consumer credit in the US. A high reading strengthens the USD. A low reading weakens the USD. Sometimes, a too high reading can indicate credit overconsumption, when consumers take more credit than they actually need.
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
Claws and Horns
News of the day. 07.09.2016
Gross Domestic Product. Australia, 3:30 am
Data on the Gross Domestic Product for the second quarter is due in Australia at 3:30 am (GMT+2). The indicator is expected to grow from 3.1% to 3.2% in annual terms and to fall from 1.1% to 0.4% in quarterly terms. The indicator represents the value of all goods and services created in Australia during a time period. It is an indicator of the pace of economic growth. A high reading strengthens the AUD. A low reading weakens the AUD.
Industrial Production. Germany, 8:00 am
Data on the Industrial Production for July is due in Germany at 8:00 am (GMT+2). The indicator represents the change in the industrial output in Germany. It is one of the major indicators of the state of the national economy. A growth in the indicator strengthens the EUR. A fall in the indicator weakens the EUR.
Industrial Production. UK, 10:30 am
Data on the Industrial Production for July is due in the UK at 10:30 am (GMT+2). UK industrial production is expected to grow from 1.6% to 1.9% in annual terms. The indicator represents the change in the industrial output in the UK. It is one of the major indicators of the state of the national economy which includes manufacturing, mining and utilities. A growth in the indicator strengthens the GBP. A fall in the indicator weakens the GBP.
Inflation Report Hearings. UK, 11:00 am
The Inflation Report Hearings are due in the UK at 11:00 am (GMT+2). The Governor of the Bank of England and members of the Monetary Policy Committee speak in the Parliament regarding current economic conditions and economic growth prospects.
MBA Mortgage Applications. US, 1:00 pm
Data on the MBA Mortgage Applications is due in the US at 1:00 pm (GMT+2). The indicator shows the number of mortgage approvals for the week. It is the major indicator of the property market. A growth in the indicator represents economic growth and strengthens the USD. A fall in the indicator weakens the USD.
NIESR GDP Estimate. UK, 4:00 pm
The National Institute for Economic and Social Research (NIESR) releases its GDP Estimate at 4:00 pm (GMT+2). The indicator tracks the UK economy growth for the last three months. The report has the potential to influence monetary policy in the country. A high reading strengthens the GBP. A low reading weakens the GBP.
BoC Interest Rate Decision. Canada, 4:00 pm
The Bank of Canada releases its decision on interest rates at 4:00 pm (GMT+2). The indicator is expected to remain unchanged at 0.5%. It is an important economic indicator which influences interest rates of commercial banks and the CAD exchange rate. An interest rate increase strengthens the CAD. If the rate is cut or remains unchanged, the CAD comes under pressure.
Fed's Beige Book. US, 8:00 pm
The Federal Reserve releases its Beige Book at 8:00 pm (GMT+2). The report is prepared by the 12 Federal Reserve Banks and evaluates current economic conditions in the US. Optimistic commentaries strengthen the USD. Pessimistic commentaries weaken the USD.
Gross Domestic Product. Australia, 3:30 am
Data on the Gross Domestic Product for the second quarter is due in Australia at 3:30 am (GMT+2). The indicator is expected to grow from 3.1% to 3.2% in annual terms and to fall from 1.1% to 0.4% in quarterly terms. The indicator represents the value of all goods and services created in Australia during a time period. It is an indicator of the pace of economic growth. A high reading strengthens the AUD. A low reading weakens the AUD.
Industrial Production. Germany, 8:00 am
Data on the Industrial Production for July is due in Germany at 8:00 am (GMT+2). The indicator represents the change in the industrial output in Germany. It is one of the major indicators of the state of the national economy. A growth in the indicator strengthens the EUR. A fall in the indicator weakens the EUR.
Industrial Production. UK, 10:30 am
Data on the Industrial Production for July is due in the UK at 10:30 am (GMT+2). UK industrial production is expected to grow from 1.6% to 1.9% in annual terms. The indicator represents the change in the industrial output in the UK. It is one of the major indicators of the state of the national economy which includes manufacturing, mining and utilities. A growth in the indicator strengthens the GBP. A fall in the indicator weakens the GBP.
Inflation Report Hearings. UK, 11:00 am
The Inflation Report Hearings are due in the UK at 11:00 am (GMT+2). The Governor of the Bank of England and members of the Monetary Policy Committee speak in the Parliament regarding current economic conditions and economic growth prospects.
MBA Mortgage Applications. US, 1:00 pm
Data on the MBA Mortgage Applications is due in the US at 1:00 pm (GMT+2). The indicator shows the number of mortgage approvals for the week. It is the major indicator of the property market. A growth in the indicator represents economic growth and strengthens the USD. A fall in the indicator weakens the USD.
NIESR GDP Estimate. UK, 4:00 pm
The National Institute for Economic and Social Research (NIESR) releases its GDP Estimate at 4:00 pm (GMT+2). The indicator tracks the UK economy growth for the last three months. The report has the potential to influence monetary policy in the country. A high reading strengthens the GBP. A low reading weakens the GBP.
BoC Interest Rate Decision. Canada, 4:00 pm
The Bank of Canada releases its decision on interest rates at 4:00 pm (GMT+2). The indicator is expected to remain unchanged at 0.5%. It is an important economic indicator which influences interest rates of commercial banks and the CAD exchange rate. An interest rate increase strengthens the CAD. If the rate is cut or remains unchanged, the CAD comes under pressure.
Fed's Beige Book. US, 8:00 pm
The Federal Reserve releases its Beige Book at 8:00 pm (GMT+2). The report is prepared by the 12 Federal Reserve Banks and evaluates current economic conditions in the US. Optimistic commentaries strengthen the USD. Pessimistic commentaries weaken the USD.
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
Claws and Horns
News of the day. 06.09.2016
RBA Interest Rate Decision. Australia, 6:30 am
The Reserve Bank of Australia releases it decision on interest rates at 6:30 am (GMT+2). The rate is expected to remain at 1.5%. A rate increase strengthens the AUD. If the rate remains unchanged or gets cut, the AUD weakens.
Gross Domestic Product. Switzerland, 7:45 am
Data on the Gross Domestic Product for the second quarter is due in Switzerland at 7:45 am (GMT+2). The indicator is expected to grow in both annual and quarterly terms, from 0.7% to 0.9% and from 0.1% to 0.4% respectively. The indicator represents the total value of goods and services produced in Switzerland in a time period. A high reading strengthens the CHF. A low reading weakens the CHF.
Consumer Price Index. Switzerland, 9:15 am
The Consumer Price Index for August is due in Switzerland at 9:15 am (GMT+2). The indicator is expected to grow from -0.2% to -0.1% on a year-over-year basis. The index represents the price change for goods and services for household consumption. It is the major indicator of inflation. A growth in the index strengthens the CHF. A fall in the index weakens the CHF.
Gross Domestic Product. EU, 11:00 am
Data on the Gross Domestic Product for the second quarter is due in the EU at 11:00 am (GMT+2). The indicator is expected to remain at 1.6%. The indicator represents the total value of goods and services produced in the eurozone in a time period. A high reading strengthens the CHF. A low reading weakens the CHF.
ISM Non-Manufacturing PMI. US, 4:00 pm
The ISM Non-Manufacturing PMI for August is due in the US at 4:00 pm (GMT+2). The indicator is expected to grow from 55.5 to 55.7 points. The index is based on surveys of executives of the companies operating in the service sector regarding their opinion on current economic conditions in the sector. A reading above 45-50 points represents economic growth. A reading below 45-50 points represents a slowdown of the economy. A growth in the index strengthens the USD.
SNB Chairman Jordan Speech. Switzerland, 4:15 pm
At 4:15 pm (GMT+2), the Chairman of the Swiss National Bank Thomas Jordan is giving his speech on current economic conditions and monetary policy. Depending on the tone, his commentaries can lead to an increase in market volatility.
RBA Interest Rate Decision. Australia, 6:30 am
The Reserve Bank of Australia releases it decision on interest rates at 6:30 am (GMT+2). The rate is expected to remain at 1.5%. A rate increase strengthens the AUD. If the rate remains unchanged or gets cut, the AUD weakens.
Gross Domestic Product. Switzerland, 7:45 am
Data on the Gross Domestic Product for the second quarter is due in Switzerland at 7:45 am (GMT+2). The indicator is expected to grow in both annual and quarterly terms, from 0.7% to 0.9% and from 0.1% to 0.4% respectively. The indicator represents the total value of goods and services produced in Switzerland in a time period. A high reading strengthens the CHF. A low reading weakens the CHF.
Consumer Price Index. Switzerland, 9:15 am
The Consumer Price Index for August is due in Switzerland at 9:15 am (GMT+2). The indicator is expected to grow from -0.2% to -0.1% on a year-over-year basis. The index represents the price change for goods and services for household consumption. It is the major indicator of inflation. A growth in the index strengthens the CHF. A fall in the index weakens the CHF.
Gross Domestic Product. EU, 11:00 am
Data on the Gross Domestic Product for the second quarter is due in the EU at 11:00 am (GMT+2). The indicator is expected to remain at 1.6%. The indicator represents the total value of goods and services produced in the eurozone in a time period. A high reading strengthens the CHF. A low reading weakens the CHF.
ISM Non-Manufacturing PMI. US, 4:00 pm
The ISM Non-Manufacturing PMI for August is due in the US at 4:00 pm (GMT+2). The indicator is expected to grow from 55.5 to 55.7 points. The index is based on surveys of executives of the companies operating in the service sector regarding their opinion on current economic conditions in the sector. A reading above 45-50 points represents economic growth. A reading below 45-50 points represents a slowdown of the economy. A growth in the index strengthens the USD.
SNB Chairman Jordan Speech. Switzerland, 4:15 pm
At 4:15 pm (GMT+2), the Chairman of the Swiss National Bank Thomas Jordan is giving his speech on current economic conditions and monetary policy. Depending on the tone, his commentaries can lead to an increase in market volatility.
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
Claws and Horns
News of the day. 5.09.2016
TD Securities Inflation. Australia, 3:00 am
Data on the TD Securities Inflation for August is due in Australia at 3:00 am (GMT+2). The indicator, released by Melbourne Institute, measures the change in inflation. A rise in inflation might result in RBA’s decision to introduce higher interest rates. A growth in the indicator strengthens the AUD. A fall in the indicator weakens the AUD.
Caixin China Services PMI. China, 3:45 am
The Caixin China Services PMI for August is due in China at 3:45 am (GMT+2). The index evaluates the state of the services sector. The index is based on surveys of executives of Chinese companies operating in the services sector regarding their opinion on current economic conditions in the sector. A reading above 50 is perceived as positive for the Chinese economy. A reading below 50 is perceived as negative.
Markit Services PMI. EU, 10:00 am
The Markit Eurozone Services PMI for August is due at 10:00 am (GMT+2). The indicator is expected to remain unchanged at 53.1 points. The index represents current economic conditions in the sector and its future prospects. A reading above 50 is perceived as positive and strengthens the EUR. A reading below 50 is perceived as negative and weakens the EUR.
TD Securities Inflation. Australia, 3:00 am
Data on the TD Securities Inflation for August is due in Australia at 3:00 am (GMT+2). The indicator, released by Melbourne Institute, measures the change in inflation. A rise in inflation might result in RBA’s decision to introduce higher interest rates. A growth in the indicator strengthens the AUD. A fall in the indicator weakens the AUD.
Caixin China Services PMI. China, 3:45 am
The Caixin China Services PMI for August is due in China at 3:45 am (GMT+2). The index evaluates the state of the services sector. The index is based on surveys of executives of Chinese companies operating in the services sector regarding their opinion on current economic conditions in the sector. A reading above 50 is perceived as positive for the Chinese economy. A reading below 50 is perceived as negative.
Markit Services PMI. EU, 10:00 am
The Markit Eurozone Services PMI for August is due at 10:00 am (GMT+2). The indicator is expected to remain unchanged at 53.1 points. The index represents current economic conditions in the sector and its future prospects. A reading above 50 is perceived as positive and strengthens the EUR. A reading below 50 is perceived as negative and weakens the EUR.
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
Claws and Horns
News of the day. 2.09.2016
PMI Construction. UK, 11:30 am
The PMI Construction for August is due in the UK at 11:30 am (GMT+2). The indicator is expected to grow from 45.9 to 46.1 points. The index evaluates the state of the construction sector. Data is based on surveys of executives of the biggest construction companies regarding their opinion on current economic conditions in the sector and its prospects. A reading above 50 is perceived as positive and strengthens the GBP. A reading below 50 is perceived as negative and weakens the GBP.
Nonfarm Payrolls. US, 3:30 pm
Data on the Nonfarm Payrolls for August is due in the US at 3:30 pm (GMT+2). The indicator is expected to fall from 255 000 to 180 000. It is one of the main indicators of employment in the US which represents the number of employed in non-agricultural sectors. A high reading indicates employment growth and strengthens the USD. A low reading weakens the USD.
Unemployment Rate. US, 3:30 pm
Data on the Unemployment Rate for August is due in the US at 3:30 pm (GMT+2). The indicator is expected to fall from 4.9% to 4.8%. It is one of the key macroeconomic indicators which represents the share of the unemployed in the total labour force. A growth in the indicator weakens the USD. A fall in the indicator strengthens the USD.
Trade Balance. US, 3:30 pm
Data on the Trade Balance for July is due in the US at 3:30 pm (GMT+2). US trade deficit is expected to narrow from $44.5 billion to $43.0 billion. The indicator represents the difference between the value of exports and imports. Positive values imply the balance is in surplus and strengthen the USD. Negative values represent the balance deficit and weaken the USD.
Factory Orders. US, 5:00 pm
Data on the Factory Orders for July is due in the US at 5:00 pm (GMT+2). The indicator is expected to grow from -1.5% to 2.0%. The indicator represents the change in the volume of factory orders and allows estimating the pace of the growth of the industrial sector. A growth in the indicator strengthens the USD. A fall in the indicator weakens the USD.
PMI Construction. UK, 11:30 am
The PMI Construction for August is due in the UK at 11:30 am (GMT+2). The indicator is expected to grow from 45.9 to 46.1 points. The index evaluates the state of the construction sector. Data is based on surveys of executives of the biggest construction companies regarding their opinion on current economic conditions in the sector and its prospects. A reading above 50 is perceived as positive and strengthens the GBP. A reading below 50 is perceived as negative and weakens the GBP.
Nonfarm Payrolls. US, 3:30 pm
Data on the Nonfarm Payrolls for August is due in the US at 3:30 pm (GMT+2). The indicator is expected to fall from 255 000 to 180 000. It is one of the main indicators of employment in the US which represents the number of employed in non-agricultural sectors. A high reading indicates employment growth and strengthens the USD. A low reading weakens the USD.
Unemployment Rate. US, 3:30 pm
Data on the Unemployment Rate for August is due in the US at 3:30 pm (GMT+2). The indicator is expected to fall from 4.9% to 4.8%. It is one of the key macroeconomic indicators which represents the share of the unemployed in the total labour force. A growth in the indicator weakens the USD. A fall in the indicator strengthens the USD.
Trade Balance. US, 3:30 pm
Data on the Trade Balance for July is due in the US at 3:30 pm (GMT+2). US trade deficit is expected to narrow from $44.5 billion to $43.0 billion. The indicator represents the difference between the value of exports and imports. Positive values imply the balance is in surplus and strengthen the USD. Negative values represent the balance deficit and weaken the USD.
Factory Orders. US, 5:00 pm
Data on the Factory Orders for July is due in the US at 5:00 pm (GMT+2). The indicator is expected to grow from -1.5% to 2.0%. The indicator represents the change in the volume of factory orders and allows estimating the pace of the growth of the industrial sector. A growth in the indicator strengthens the USD. A fall in the indicator weakens the USD.
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
Claws and Horns
News of the day. 1.09.2016
AiG Performance of Mfg Index. Australia, 1:30 am
The AiG Performance of Mfg Index for August is due in Australia at 1:30 am (GMT+2). The index, released by the Australian Industry Group (AiG), is constructed from survey data collected from executives of 200 manufacturing companies regarding their assessment of current business conditions in the sector. The index is based on such indicators as sales, production, new orders, supplier deliveries and employment. A reading above 50 is perceived as positive and strengthens the AUD. A reading below 50, on the contrary, is perceived as negative and weakens the AUD.
NBS Manufacturing PMI. China, 3:00 am
The NBS Manufacturing PMI for August is due in China at 3:00 am (GMT+2). The indicator is expected to remain unchanged at 49.9 points. The index evaluates the state of the manufacturing sector in China. A reading above 50 gives a positive sign. A reading below 50 represents negative dynamics.
Retail Sales. Australia, 3:30 am
Data on the Retail Sales for July is due in Australia at 3:30 am (GMT+2). In monthly terms, the indicator is expected to grow from 0.1% to 0.3%. The indicator measures the volume of sales in the retail sector. It is also an indicator of consumer spending and economic growth. A growth in the indicator strengthens the AUD. A fall in the indicator weakens the AUD.
Caixin Manufacturing PMI. China, 3:45 am
The Caixin Manufacturing PMI for August is due in China at 3:45 am (GMT+2). The indicator is expected to fall from 50.6 to 50.1 points. The index evaluates the state of the manufacturing industry. A reading above 50 is perceived as positive for the Chinese economy. A reading below 50 is perceived as negative.
Real Retail Sales. Switzerland, 9:15 am
Data on the Real Retail Sales for August is due in Switzerland at 9:15 am (GMT+2). In annual terms, the indicator is expected to rise from -3.9% to -3.1%. The indicator represents the change in the volume of retail sales and is seen as an indicator of consumer spending. A growth in retail sales suggests a growth in consumption and has a positive impact on the economy. A fall in retail sales is considered to be a negative factor for the economy. A high reading strengthens the CHF. A low reading weakens the CHF.
Markit Manufacturing PMI. Germany, 9:55 am
The Markit Manufacturing PMI for August is due in Germany at 9:55 am (GMT+2). The indicator is expected to remain unchanged at 53.6 points. The index represents the state of the manufacturing sector and its growth perspectives. It is one of the key indicators of the state of the German economy. A reading above 50 is perceived as positive and strengthens the EUR. A reading below 50 is perceived as negative and weakens the EUR.
Markit Manufacturing PMI. EU, 10:00 am
The Markit eurozone Manufacturing PMI for August is due at 10:00 am (GMT+2). The indicator is expected to remain unchanged at 51.8 points. The index represents the state of the manufacturing sector and its growth perspectives. A reading above 50 is perceived as positive and strengthens the EUR. A reading below 50 is perceived as negative and weakens the EUR.
Markit Manufacturing PMI. UK, 10:30 am
The Markit Manufacturing PMI for August is due in the UK at 10:30 am (GMT+2). The indicator is expected to grow from 48.2 to 49.0 points. The index is based on surveys of executives of the biggest manufacturing companies and evaluates the state of the sector. A reading above 50 is perceived as positive and strengthens the GBP. A reading below 50 is perceived as negative and weakens the GBP.
Initial Jobless Claims. US, 2:30 pm
Data on the Initial Jobless Claims is due in the US at 2:30 pm (GMT+2). The indicator is expected to grow from 261 000 to 265 000. The indicator represents the number of new unemployment claims. Data is published weekly on Thursdays and allows approximating what the Nonfarm Payrolls will be. A fall in the indicator strengthens the USD. A growth in the indicator weakens the USD.
ISM Prices Paid. US, 4:00 pm
Data on the ISM Prices Paid for August is due in the US at 4:00 pm (GMT+2). The indicator is expected to remain unchanged at 55 points. The index is based on surveys of executives of manufacturing companies. It evaluates current economic conditions in the manufacturing sector.
ISM Manufacturing PMI. US, 4:00 pm
The ISM Manufacturing PMI for August is due in the US at 4:00 pm (GMT+2). The indicator is expected to fall from 52.6 to 52.2 points. It is the indicator of the general state of the US economy. Values above 50 represent economic growth and strengthen the USD. Values below 50 indicate a slowdown of the economy and weaken the USD.
AiG Performance of Mfg Index. Australia, 1:30 am
The AiG Performance of Mfg Index for August is due in Australia at 1:30 am (GMT+2). The index, released by the Australian Industry Group (AiG), is constructed from survey data collected from executives of 200 manufacturing companies regarding their assessment of current business conditions in the sector. The index is based on such indicators as sales, production, new orders, supplier deliveries and employment. A reading above 50 is perceived as positive and strengthens the AUD. A reading below 50, on the contrary, is perceived as negative and weakens the AUD.
NBS Manufacturing PMI. China, 3:00 am
The NBS Manufacturing PMI for August is due in China at 3:00 am (GMT+2). The indicator is expected to remain unchanged at 49.9 points. The index evaluates the state of the manufacturing sector in China. A reading above 50 gives a positive sign. A reading below 50 represents negative dynamics.
Retail Sales. Australia, 3:30 am
Data on the Retail Sales for July is due in Australia at 3:30 am (GMT+2). In monthly terms, the indicator is expected to grow from 0.1% to 0.3%. The indicator measures the volume of sales in the retail sector. It is also an indicator of consumer spending and economic growth. A growth in the indicator strengthens the AUD. A fall in the indicator weakens the AUD.
Caixin Manufacturing PMI. China, 3:45 am
The Caixin Manufacturing PMI for August is due in China at 3:45 am (GMT+2). The indicator is expected to fall from 50.6 to 50.1 points. The index evaluates the state of the manufacturing industry. A reading above 50 is perceived as positive for the Chinese economy. A reading below 50 is perceived as negative.
Real Retail Sales. Switzerland, 9:15 am
Data on the Real Retail Sales for August is due in Switzerland at 9:15 am (GMT+2). In annual terms, the indicator is expected to rise from -3.9% to -3.1%. The indicator represents the change in the volume of retail sales and is seen as an indicator of consumer spending. A growth in retail sales suggests a growth in consumption and has a positive impact on the economy. A fall in retail sales is considered to be a negative factor for the economy. A high reading strengthens the CHF. A low reading weakens the CHF.
Markit Manufacturing PMI. Germany, 9:55 am
The Markit Manufacturing PMI for August is due in Germany at 9:55 am (GMT+2). The indicator is expected to remain unchanged at 53.6 points. The index represents the state of the manufacturing sector and its growth perspectives. It is one of the key indicators of the state of the German economy. A reading above 50 is perceived as positive and strengthens the EUR. A reading below 50 is perceived as negative and weakens the EUR.
Markit Manufacturing PMI. EU, 10:00 am
The Markit eurozone Manufacturing PMI for August is due at 10:00 am (GMT+2). The indicator is expected to remain unchanged at 51.8 points. The index represents the state of the manufacturing sector and its growth perspectives. A reading above 50 is perceived as positive and strengthens the EUR. A reading below 50 is perceived as negative and weakens the EUR.
Markit Manufacturing PMI. UK, 10:30 am
The Markit Manufacturing PMI for August is due in the UK at 10:30 am (GMT+2). The indicator is expected to grow from 48.2 to 49.0 points. The index is based on surveys of executives of the biggest manufacturing companies and evaluates the state of the sector. A reading above 50 is perceived as positive and strengthens the GBP. A reading below 50 is perceived as negative and weakens the GBP.
Initial Jobless Claims. US, 2:30 pm
Data on the Initial Jobless Claims is due in the US at 2:30 pm (GMT+2). The indicator is expected to grow from 261 000 to 265 000. The indicator represents the number of new unemployment claims. Data is published weekly on Thursdays and allows approximating what the Nonfarm Payrolls will be. A fall in the indicator strengthens the USD. A growth in the indicator weakens the USD.
ISM Prices Paid. US, 4:00 pm
Data on the ISM Prices Paid for August is due in the US at 4:00 pm (GMT+2). The indicator is expected to remain unchanged at 55 points. The index is based on surveys of executives of manufacturing companies. It evaluates current economic conditions in the manufacturing sector.
ISM Manufacturing PMI. US, 4:00 pm
The ISM Manufacturing PMI for August is due in the US at 4:00 pm (GMT+2). The indicator is expected to fall from 52.6 to 52.2 points. It is the indicator of the general state of the US economy. Values above 50 represent economic growth and strengthen the USD. Values below 50 indicate a slowdown of the economy and weaken the USD.
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
Claws and Horns
News of the day. 31.08.2016
Industrial Production. Japan, 1:50 am
Data on the Industrial Production for July is due in Japan at 1:50 am (GMT+2). In monthly terms, the indicator is expected to fall from 2.3% to 0.8%. The indicator represents the change in industrial output in Japan. It is one of the main indicators of the state of the national economy. A growth in the indicator supports the JPY. A fall in the indicator pressures the JPY.
RBA Assist Gov Debelle Speech. Australia, 3:00 am
Assistant Governor at the Reserve Bank of Australia Guy Debelle is giving his speech at 3:00 am (GMT+2). He has oversight of the Bank's operations in the domestic and global financial markets.
UBS Consumption Indicator. Switzerland, 8:00 am
The UBS Consumption Indicator for July is due in Switzerland at 8:00 am (GMT+2). The data is based on 5 economic indicators of consumption: car sales, consumer confidence, retail sales, the number of domestic overnight hotel stays, credit card transactions volumes.
Unemployment Rate. Germany, 9:55 am
Data on the Unemployment Rate for August is due in Germany at 9:55 am (GMT+2). The indicator is expected to remain unchanged at 6.1%. The indicator represents the number of unemployed as a percentage of the total labour force. A growth in the indicator suggests a slowdown of the economy and weakens the EUR. A fall in the indicator supports the national economy growth and strengthens the EUR.
Consumer Price Index. EU, 11:00 am
The eurozone’s Consumer Price Index for August is due at 11:00 am (GMT+2). The indicator is expected to grow from 0.2% to 0.3%. It is the key indicator of inflation in the eurozone which represents the change in the value of the basket of goods and services. A growth in the index strengthens the EUR. A fall in the index weakens the EUR.
Unemployment Rate. EU, 11:00 am
Data on the Unemployment Rate in the eurozone for July is due at 11:00 am (GMT+2). The indicator is expected to fall from 10.1% to 10.0%. The indicator represents the number of unemployed as a percentage of the total labour force. A growth in the indicator suggests a slowdown of the economy. A high reading pressures the EUR. A low reading supports the EUR.
ADP Employment Change. US, 2:15 pm
Data on the ADP Employment Change for August is due in the US at 2:15 pm (GMT+2). The indicator is expected to fall 179 000 to 171 000. The indicator is based on data from about 500 000 companies in the US and represents employment change in non-agricultural sectors. A high reading strengthens the USD. A low reading weakens the USD.
Gross Domestic Product Annualized. Canada, 2:30 pm
Data on the Gross Domestic Product Annualized for the second quarter is due in Canada at 2:30 pm (GMT+2). In quarterly terms, the indicator is expected to fall from 2.4% to -1.5%. The indicator represents the value of all goods and services created in the country during a certain period. A growth in the indicator strengthens the CAD. A fall in the indicator weakens the CAD.
Chicago Purchasing Managers' Index. US, 3:45 pm
The Chicago Purchasing Managers' Index for August is due at 3:45 pm (GMT+2). The indicator is expected to fall from 55.8 to 54.3 points. The index evaluates economic conditions in Indiana, Michigan and Illinois. A reading above 50 strengthens the USD. A growth in the index strengthens the USD. A fall in the index weakens the USD.
Pending Home Sales. US, 4:00 pm
Data on the Pending Home Sales for July is due in the US at 4:00 pm (GMT+2). In monthly terms, the indicator is expected to grow from 0.2% to 0.6%. It is one of the main indicators of the property market which is also one of the indicators of the general state of the economy. A high reading strengthens the USD. A low reading weakens the USD.
Industrial Production. Japan, 1:50 am
Data on the Industrial Production for July is due in Japan at 1:50 am (GMT+2). In monthly terms, the indicator is expected to fall from 2.3% to 0.8%. The indicator represents the change in industrial output in Japan. It is one of the main indicators of the state of the national economy. A growth in the indicator supports the JPY. A fall in the indicator pressures the JPY.
RBA Assist Gov Debelle Speech. Australia, 3:00 am
Assistant Governor at the Reserve Bank of Australia Guy Debelle is giving his speech at 3:00 am (GMT+2). He has oversight of the Bank's operations in the domestic and global financial markets.
UBS Consumption Indicator. Switzerland, 8:00 am
The UBS Consumption Indicator for July is due in Switzerland at 8:00 am (GMT+2). The data is based on 5 economic indicators of consumption: car sales, consumer confidence, retail sales, the number of domestic overnight hotel stays, credit card transactions volumes.
Unemployment Rate. Germany, 9:55 am
Data on the Unemployment Rate for August is due in Germany at 9:55 am (GMT+2). The indicator is expected to remain unchanged at 6.1%. The indicator represents the number of unemployed as a percentage of the total labour force. A growth in the indicator suggests a slowdown of the economy and weakens the EUR. A fall in the indicator supports the national economy growth and strengthens the EUR.
Consumer Price Index. EU, 11:00 am
The eurozone’s Consumer Price Index for August is due at 11:00 am (GMT+2). The indicator is expected to grow from 0.2% to 0.3%. It is the key indicator of inflation in the eurozone which represents the change in the value of the basket of goods and services. A growth in the index strengthens the EUR. A fall in the index weakens the EUR.
Unemployment Rate. EU, 11:00 am
Data on the Unemployment Rate in the eurozone for July is due at 11:00 am (GMT+2). The indicator is expected to fall from 10.1% to 10.0%. The indicator represents the number of unemployed as a percentage of the total labour force. A growth in the indicator suggests a slowdown of the economy. A high reading pressures the EUR. A low reading supports the EUR.
ADP Employment Change. US, 2:15 pm
Data on the ADP Employment Change for August is due in the US at 2:15 pm (GMT+2). The indicator is expected to fall 179 000 to 171 000. The indicator is based on data from about 500 000 companies in the US and represents employment change in non-agricultural sectors. A high reading strengthens the USD. A low reading weakens the USD.
Gross Domestic Product Annualized. Canada, 2:30 pm
Data on the Gross Domestic Product Annualized for the second quarter is due in Canada at 2:30 pm (GMT+2). In quarterly terms, the indicator is expected to fall from 2.4% to -1.5%. The indicator represents the value of all goods and services created in the country during a certain period. A growth in the indicator strengthens the CAD. A fall in the indicator weakens the CAD.
Chicago Purchasing Managers' Index. US, 3:45 pm
The Chicago Purchasing Managers' Index for August is due at 3:45 pm (GMT+2). The indicator is expected to fall from 55.8 to 54.3 points. The index evaluates economic conditions in Indiana, Michigan and Illinois. A reading above 50 strengthens the USD. A growth in the index strengthens the USD. A fall in the index weakens the USD.
Pending Home Sales. US, 4:00 pm
Data on the Pending Home Sales for July is due in the US at 4:00 pm (GMT+2). In monthly terms, the indicator is expected to grow from 0.2% to 0.6%. It is one of the main indicators of the property market which is also one of the indicators of the general state of the economy. A high reading strengthens the USD. A low reading weakens the USD.
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
Claws and Horns
News of the day. 30.08.2016
Unemployment Rate. Japan, 1:30 am
Data on the Unemployment Rate for July is due in Japan at 1:30 am (GMT+2). The indicator is expected to remain unchanged at 3.1%. The indicator represents the percentage of the total labour force that is unemployed. A growth in the indicator is a negative factor for the economy and pressures the JPY. A fall in the indicator represents economic growth and strengthens the JPY.
Overall Household Spending. Japan, 1:30 am
Data on the Overall Household Spending for July is due in Japan at 1:30 am (GMT+2). The indicator is expected to grow from -2.2% to -0.9%. The indicator represents household spending dynamics. The data is seen as an indicator of consumer optimism. A high reading strengthens the JPY. A low reading weakens the JPY.
Retail Trade. Japan, 1:50 am
Data on the Retail Trade for July is due in Japan at 1:50 am (GMT+2). In annual terms, the indicator is expected to grow from -1.4% to -0.9%. The indicator represents the change in the volume of sales at large retailers. A growth in the indicator represents a growth in consumption and has a positive impact on the economy. A fall in the indicator is a negative factor for the economy. A high reading strengthens the JPY. A low reading weakens the JPY.
KOF Leading Indicator. Switzerland, 9:00 am
The KOF Leading Indicator for August is due in Switzerland at 9:00 am (GMT+2). The indicator is expected to fall from 102.7 to 102.4 points. The indicator, based on 12 economic indicators, is used to assess economic conditions in Switzerland. A high reading is considered as a positive factor for the economy and strengthens the CHF. A low reading, on the contrary, is perceived negative and weakens the CHF.
Consumer Credit. UK, 10:30 am
Data on the Consumer Credit for July is due in the UK at 10:30 am (GMT+2). The indicator is expected to fall from 1.837 to 1.600 billion pounds. The indicator represents the change in the volume of consumer credit. Generally, an index increase suggests readiness of consumers to spend money and their confidence in the economy. A high reading strengthens the GBP. A low reading weakens the GBP.
Fact: a too high reading can indicate credit overconsumption, when consumers take more credit than they actually need.
Mortgage Approvals. UK, 10:30 am
Data on the Mortgage Approvals for July is due in the UK at 10:30 am (GMT+2). The indicator is expected to fall from 64 766 to 62 000. The indicator represents the number of new approved mortgages and is seen as a leading indicator of the property market. A growth in the indicator supports the GBP. A fall in the indicator pressures the GBP.
Consumer Price Index. Germany, 2:00 pm
The Consumer Price Index for August is due in Germany at 2:00 pm (GMT+2). The index represents the change in prices for goods and services for households and is considered the main indicator of inflation. A growth in the index strengthens the EUR. A fall in the index weakens the EUR.
Current Account. Canada, 2:30 pm
Data on the Current Account for the second quarter is due in Canada at 2:30 pm (GMT+2). The indicator represents the difference between the amount of payments flowing into the country and the amount of payments leaving the country. The current account is in surplus when payments into the country exceed payments out. Otherwise, the current account is in deficit. A high reading strengthens the CAD. A low reading weakens the CAD.
Consumer Confidence. US, 4:00 pm
Data on the Consumer Confidence for August is due in the US at 4:00 pm (GMT+2). The indicator is expected to remain unchanged at 97.3 points. The indicator represents consumer confidence in current economic conditions. A high reading strengthens the USD. A reading below forecasts weakens the USD.
Unemployment Rate. Japan, 1:30 am
Data on the Unemployment Rate for July is due in Japan at 1:30 am (GMT+2). The indicator is expected to remain unchanged at 3.1%. The indicator represents the percentage of the total labour force that is unemployed. A growth in the indicator is a negative factor for the economy and pressures the JPY. A fall in the indicator represents economic growth and strengthens the JPY.
Overall Household Spending. Japan, 1:30 am
Data on the Overall Household Spending for July is due in Japan at 1:30 am (GMT+2). The indicator is expected to grow from -2.2% to -0.9%. The indicator represents household spending dynamics. The data is seen as an indicator of consumer optimism. A high reading strengthens the JPY. A low reading weakens the JPY.
Retail Trade. Japan, 1:50 am
Data on the Retail Trade for July is due in Japan at 1:50 am (GMT+2). In annual terms, the indicator is expected to grow from -1.4% to -0.9%. The indicator represents the change in the volume of sales at large retailers. A growth in the indicator represents a growth in consumption and has a positive impact on the economy. A fall in the indicator is a negative factor for the economy. A high reading strengthens the JPY. A low reading weakens the JPY.
KOF Leading Indicator. Switzerland, 9:00 am
The KOF Leading Indicator for August is due in Switzerland at 9:00 am (GMT+2). The indicator is expected to fall from 102.7 to 102.4 points. The indicator, based on 12 economic indicators, is used to assess economic conditions in Switzerland. A high reading is considered as a positive factor for the economy and strengthens the CHF. A low reading, on the contrary, is perceived negative and weakens the CHF.
Consumer Credit. UK, 10:30 am
Data on the Consumer Credit for July is due in the UK at 10:30 am (GMT+2). The indicator is expected to fall from 1.837 to 1.600 billion pounds. The indicator represents the change in the volume of consumer credit. Generally, an index increase suggests readiness of consumers to spend money and their confidence in the economy. A high reading strengthens the GBP. A low reading weakens the GBP.
Fact: a too high reading can indicate credit overconsumption, when consumers take more credit than they actually need.
Mortgage Approvals. UK, 10:30 am
Data on the Mortgage Approvals for July is due in the UK at 10:30 am (GMT+2). The indicator is expected to fall from 64 766 to 62 000. The indicator represents the number of new approved mortgages and is seen as a leading indicator of the property market. A growth in the indicator supports the GBP. A fall in the indicator pressures the GBP.
Consumer Price Index. Germany, 2:00 pm
The Consumer Price Index for August is due in Germany at 2:00 pm (GMT+2). The index represents the change in prices for goods and services for households and is considered the main indicator of inflation. A growth in the index strengthens the EUR. A fall in the index weakens the EUR.
Current Account. Canada, 2:30 pm
Data on the Current Account for the second quarter is due in Canada at 2:30 pm (GMT+2). The indicator represents the difference between the amount of payments flowing into the country and the amount of payments leaving the country. The current account is in surplus when payments into the country exceed payments out. Otherwise, the current account is in deficit. A high reading strengthens the CAD. A low reading weakens the CAD.
Consumer Confidence. US, 4:00 pm
Data on the Consumer Confidence for August is due in the US at 4:00 pm (GMT+2). The indicator is expected to remain unchanged at 97.3 points. The indicator represents consumer confidence in current economic conditions. A high reading strengthens the USD. A reading below forecasts weakens the USD.
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
Claws and Horns
News of the day. 29.08.2016
Personal Income. US, 2:30 pm
Data on the Personal Income for July is due in the US at 2:30 pm (GMT+2). In monthly terms, the indicator is expected to grow from 0.2% to 0.4%. The indicator represents income of individuals from different sources. A growth in the indicator strengthens the USD. A fall in the indicator weakens the USD. A growth in personal income suggests consumer readiness to spend money in current economic conditions.
Personal Spending. US, 2:30 pm
Data on the Personal Spending for July is due in the US at 2:30 pm (GMT+2). In monthly terms, the indicator is expected to fall from 0.4% to 0.3%. The indicator consists of spending on services, durable goods and nondurable goods.
Dallas Fed Manufacturing Business Index. US, 4:30 pm
The Dallas Fed Manufacturing Business Index for August is due in the US at 4:30 pm (GMT+2). The index is released by the FRB of Dallas and is based on a monthly survey of manufacturing companies in Texas. It includes factors such as output volume, number of orders and prices.
Personal Income. US, 2:30 pm
Data on the Personal Income for July is due in the US at 2:30 pm (GMT+2). In monthly terms, the indicator is expected to grow from 0.2% to 0.4%. The indicator represents income of individuals from different sources. A growth in the indicator strengthens the USD. A fall in the indicator weakens the USD. A growth in personal income suggests consumer readiness to spend money in current economic conditions.
Personal Spending. US, 2:30 pm
Data on the Personal Spending for July is due in the US at 2:30 pm (GMT+2). In monthly terms, the indicator is expected to fall from 0.4% to 0.3%. The indicator consists of spending on services, durable goods and nondurable goods.
Dallas Fed Manufacturing Business Index. US, 4:30 pm
The Dallas Fed Manufacturing Business Index for August is due in the US at 4:30 pm (GMT+2). The index is released by the FRB of Dallas and is based on a monthly survey of manufacturing companies in Texas. It includes factors such as output volume, number of orders and prices.
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
![Claws and Horns](https://c.mql5.com/avatar/2015/6/55756E01-672F.png)
Claws and Horns
News of the day. 26.08.2016
National Consumer Price Index. Japan, 1:30
The National Consumer Price Index for July is due in Japan at 1:30 (GMT+2). On a year-on-year basis, the indicator is expected to remain unchanged at -0.4%. It is the key indicator of inflation in the country which represents the value change of the basket of goods and services. A growth in the index strengthens the JPY. A fall in the index weakens the JPY.
Gfk Consumer Confidence Survey. Germany, 8:00 am
The Gfk Consumer Confidence Survey for September is due in Germany at 8:00 am (GMT+2). The indicator is expected to fall from 10.0 to 9.9 points. The index is released by the marketing company Gfk and is based on surveys of consumers regarding their level of confidence in the economy of the country. Values above 0 represent optimistic moods and strengthen the EUR. Values below 0 represent pessimistic moods and weaken the EUR.
Gross Domestic Product. UK, 10:30 am
Data on the Gross Domestic Product in the second quarter is due in the UK at 10:30 am (GMT+2). The indicator is expected to remain unchanged at 2.2% in annual terms and at 0.6% in quarterly terms. GDP represents the total value of all goods and services created in the UK during a period; it is also the indicator of the pace of the economy’s growth/decline. A high reading strengthens the GBP. A low reading weakens the GBP.
Gross Domestic Product Annualized. US, 2:30 pm
Data on the Gross Domestic Product Annualized in the second quarter is due in the US at 2:30 pm (GMT+2). The indicator is expected to fall from 1.2% to 1.1%. The indicator represents the total value of all goods and services created in the US during a year; it is also the indicator of the pace of the economy’s growth/decline. A high reading strengthens the USD. A low reading weakens the USD.
Goods Trade Balance. US, 2:30 pm
Data on the Goods Trade Balance in July is due in the US at 2:30 pm (GMT+2). The indicator is expected to come out at $-62.3 billion from $-63.3 in the preceding month. The indicator represents the difference in value between imported and exported goods during a certain month. Values below 0 indicate that imports exceed exports. Values above 0, on the contrary, indicate that exports exceed imports. A growth in exports supports the USD.
Fed's Yellen Speech. US, 4:00 pm
Federal Reserve Chair Janet Yellen is giving her speech at 4:00 pm (GMT+2).
National Consumer Price Index. Japan, 1:30
The National Consumer Price Index for July is due in Japan at 1:30 (GMT+2). On a year-on-year basis, the indicator is expected to remain unchanged at -0.4%. It is the key indicator of inflation in the country which represents the value change of the basket of goods and services. A growth in the index strengthens the JPY. A fall in the index weakens the JPY.
Gfk Consumer Confidence Survey. Germany, 8:00 am
The Gfk Consumer Confidence Survey for September is due in Germany at 8:00 am (GMT+2). The indicator is expected to fall from 10.0 to 9.9 points. The index is released by the marketing company Gfk and is based on surveys of consumers regarding their level of confidence in the economy of the country. Values above 0 represent optimistic moods and strengthen the EUR. Values below 0 represent pessimistic moods and weaken the EUR.
Gross Domestic Product. UK, 10:30 am
Data on the Gross Domestic Product in the second quarter is due in the UK at 10:30 am (GMT+2). The indicator is expected to remain unchanged at 2.2% in annual terms and at 0.6% in quarterly terms. GDP represents the total value of all goods and services created in the UK during a period; it is also the indicator of the pace of the economy’s growth/decline. A high reading strengthens the GBP. A low reading weakens the GBP.
Gross Domestic Product Annualized. US, 2:30 pm
Data on the Gross Domestic Product Annualized in the second quarter is due in the US at 2:30 pm (GMT+2). The indicator is expected to fall from 1.2% to 1.1%. The indicator represents the total value of all goods and services created in the US during a year; it is also the indicator of the pace of the economy’s growth/decline. A high reading strengthens the USD. A low reading weakens the USD.
Goods Trade Balance. US, 2:30 pm
Data on the Goods Trade Balance in July is due in the US at 2:30 pm (GMT+2). The indicator is expected to come out at $-62.3 billion from $-63.3 in the preceding month. The indicator represents the difference in value between imported and exported goods during a certain month. Values below 0 indicate that imports exceed exports. Values above 0, on the contrary, indicate that exports exceed imports. A growth in exports supports the USD.
Fed's Yellen Speech. US, 4:00 pm
Federal Reserve Chair Janet Yellen is giving her speech at 4:00 pm (GMT+2).
: