Claws and Horns
News of the day. 05.07.2017
Markit Services PMI. Eurozone, 10:00 (GMT+2)
The Markit Services PMI is due at 10:00 (GMT+2) in the EU. The index is expected to stay at the same level of 54.7 points in June. The index is based on survey responses from executives of the companies operating in the manufacturing and services sectors regarding current economic conditions in these sectors. A reading above 50 is perceived positive and strengthens the EUR. A reading below 50 is perceived negative and weakens the EUR.
Markit Services PMI. United Kingdom, 10:30 (GMT+2)
The Markit Services PMI is due at 10:30 (GMT+2) in the UK. The index is expected to fall to 53.5 points in June from 53.8 points in the previous month. The index evaluates the state of the services sector. It is based on surveys of executives of the companies operating in the services sector regarding their opinion on current economic conditions in the sector. A reading above 50 is perceived positive and strengthens the GBP. A reading below 50 is perceived negative and weakens the GBP.
Factory Orders (MoM). USA, 16:00 (GMT+2)
The Factory Orders (MoM) data is due at 16:00 (GMT+2) in the USA. The index is expected to fall to –0.5% in May from –0.2% in the previous month. The index represents the change in the volume of factory orders. It allows estimating the pace of the growth of the industrial sector.
FOMC Minutes. USA, 20:00 (GMT+2)
The FOMC Minutes is due at 20:00 (GMT+2) in the USA. The committee gives their opinion on current economic conditions in the US and decides on the direction of monetary policy and has a high impact on the market.
Markit Services PMI. Eurozone, 10:00 (GMT+2)
The Markit Services PMI is due at 10:00 (GMT+2) in the EU. The index is expected to stay at the same level of 54.7 points in June. The index is based on survey responses from executives of the companies operating in the manufacturing and services sectors regarding current economic conditions in these sectors. A reading above 50 is perceived positive and strengthens the EUR. A reading below 50 is perceived negative and weakens the EUR.
Markit Services PMI. United Kingdom, 10:30 (GMT+2)
The Markit Services PMI is due at 10:30 (GMT+2) in the UK. The index is expected to fall to 53.5 points in June from 53.8 points in the previous month. The index evaluates the state of the services sector. It is based on surveys of executives of the companies operating in the services sector regarding their opinion on current economic conditions in the sector. A reading above 50 is perceived positive and strengthens the GBP. A reading below 50 is perceived negative and weakens the GBP.
Factory Orders (MoM). USA, 16:00 (GMT+2)
The Factory Orders (MoM) data is due at 16:00 (GMT+2) in the USA. The index is expected to fall to –0.5% in May from –0.2% in the previous month. The index represents the change in the volume of factory orders. It allows estimating the pace of the growth of the industrial sector.
FOMC Minutes. USA, 20:00 (GMT+2)
The FOMC Minutes is due at 20:00 (GMT+2) in the USA. The committee gives their opinion on current economic conditions in the US and decides on the direction of monetary policy and has a high impact on the market.
Claws and Horns
News of the day. 04.07.2017
NZIER Business Sentiment Index. New Zealand, 00:00 (GMT+2)
Business sentiment index for Q2 is due at 00:00 (GMT+2). It evaluates the general economic situation in the short term. The growth of the indicator shows more investments into industry. High values of the indicator strengthen NZD, and low ones weaken it.
Retail Sales. Australia, 03:30 (GMT+2)
The data on Australian retail sales are due at 03:30 (GMT+2). The indicator is expected to drop to 0.2% in May against 1.0% a month earlier. It shows the volume of sales in the retail sector and is considered an indicator of consumer expenditure and economic growth rate. The growth of the indicator strengthens AUD, and its fall weakens the currency.
Decision of Reserve Bank of Australia on the interest rate. Australia, 06:30 (GMT+2)
The decision of Reserve Bank of Australia on the interest rate is due today at 06:30 (GMT+2). It is expected that the indicator will remain unchanged at the level of 1.5%. RBA makes the decision based on current economic situation and inflation level. Growth of this indicator strengthens the AUD. If the rate stays at the same level or goes down, the national currency rate is decreased.
Follow-up comments of Reserve Bank of Australia. Australia, 06:30 (GMT+2)
After the release of a decision on the interest rate RBA will publish a press release with comments about the made decision.
Construction Sector PMI. UK, 10:30 (GMT+2)
Construction sector PMI is due at 10:30 (GMT+2). The index shows the state of the construction sector and is built upon polls of managers of major UK construction companies to estimate current economic situation in this sector and the prospects of its development. Values above 50 are a positive signal and strengthen GBP. Values below 50 weaken the national currency.
Producer Price Index. Eurozone, 11:00 (GMT+2)
Eurozone Producer Price Index is due at 11:00 (GMT+2). The indicator shows changes in prices for the goods manufactured in the Eurozone. The growth of the indicator strengthens EUR, and its fall weakens the currency.
Manufacturing PMI. Canada, 15:30 (GMT+2)
Manufacturing PMI from Canada is due at 15:30 (GMT+2). The index is based on polls taken among the managers of 400 major companies in order to assess the current economic situation in the sector and the prospects of its development. Values above 50 reflect positive estimates and lead to the growth of CAD. Values below 50 signal about pessimistic assessment and lower CAD.
NZIER Business Sentiment Index. New Zealand, 00:00 (GMT+2)
Business sentiment index for Q2 is due at 00:00 (GMT+2). It evaluates the general economic situation in the short term. The growth of the indicator shows more investments into industry. High values of the indicator strengthen NZD, and low ones weaken it.
Retail Sales. Australia, 03:30 (GMT+2)
The data on Australian retail sales are due at 03:30 (GMT+2). The indicator is expected to drop to 0.2% in May against 1.0% a month earlier. It shows the volume of sales in the retail sector and is considered an indicator of consumer expenditure and economic growth rate. The growth of the indicator strengthens AUD, and its fall weakens the currency.
Decision of Reserve Bank of Australia on the interest rate. Australia, 06:30 (GMT+2)
The decision of Reserve Bank of Australia on the interest rate is due today at 06:30 (GMT+2). It is expected that the indicator will remain unchanged at the level of 1.5%. RBA makes the decision based on current economic situation and inflation level. Growth of this indicator strengthens the AUD. If the rate stays at the same level or goes down, the national currency rate is decreased.
Follow-up comments of Reserve Bank of Australia. Australia, 06:30 (GMT+2)
After the release of a decision on the interest rate RBA will publish a press release with comments about the made decision.
Construction Sector PMI. UK, 10:30 (GMT+2)
Construction sector PMI is due at 10:30 (GMT+2). The index shows the state of the construction sector and is built upon polls of managers of major UK construction companies to estimate current economic situation in this sector and the prospects of its development. Values above 50 are a positive signal and strengthen GBP. Values below 50 weaken the national currency.
Producer Price Index. Eurozone, 11:00 (GMT+2)
Eurozone Producer Price Index is due at 11:00 (GMT+2). The indicator shows changes in prices for the goods manufactured in the Eurozone. The growth of the indicator strengthens EUR, and its fall weakens the currency.
Manufacturing PMI. Canada, 15:30 (GMT+2)
Manufacturing PMI from Canada is due at 15:30 (GMT+2). The index is based on polls taken among the managers of 400 major companies in order to assess the current economic situation in the sector and the prospects of its development. Values above 50 reflect positive estimates and lead to the growth of CAD. Values below 50 signal about pessimistic assessment and lower CAD.
Claws and Horns
News of the day. 3.07.2017
Tankan Services PMI. Japan, 01:50 (GMT+2)
Tankan Services PMI for Q1 is due at 01:50 (GMT+2). The index is based on the estimates of business activities of over 8,000 companies and reflects general conditions in the service sector. Values over 50 are considered positive and support the strengthening of JPY. Values below 50 are viewed as a negative factor and lead to the reduction of JPY rate.
Construction Permits. Australia, 03:00 (GMT+2)
Information about Australian construction permits is due at 03:00 (GMT+2). The indicator is expected to drop to -2.0% in May from 4.4% a month earlier. It shows the number of new issued construction permits. The growth of the indicator shows general improvement of the economy and facilitates the improvement of AUD. The fall of the indicator weakens AUD.
Markit Manufacturing PMI. Germany, 09:55 (GMT+2)
Markit Manufacturing PMI is due at 09:55 (GMT+2). It is forecast that the indicator will rise to 59.4 points in June compared to 59.3 points a month earlier. The index shows economic conditions in manufacturing sector, and prospects for further development. It is one of the main indicators of the state of German economy. Values above 50 are perceived as a positive signal and strengthen EUR. Values below 50 are perceived as a negative signal and call for decreasing EUR rate.
Markit Manufacturing PMI. Eurozone, 10:00 (GMT+2)
Eurozone Markit Manufacturing PMI is due at 10:00 (GMT+2). The index shows economic conditions in manufacturing sector, and prospects for further development. Values above 50 are perceived as a positive signal and strengthen EUR. Values below 50 are perceived as a negative signal and call for decreasing EUR rate.
Markit Manufacturing PMI. UK, 10:30 (GMT+2)
UK Markit Manufacturing PMI is due at 10:30 (GMT+2). The indicator shows the state of the industrial sphere and is based on the poll of managers of major indutrial companies. Values above 50 indicate the growth of production and strengthen GBP. Values below 50 on the contrary indicate the reduction of growth rate and weaken GBP.
Unemployment rate. Eurozone, 11:00 (GMT+2)
The data on the employment rate in Eurozone is due at 11:00 (GMT+2). The indicator shows the share of the unemployed among the total number of employable Eurozone citizens. The growth of the value indicates slower economy development rates. High values of the indicator weaken EUR, and low ones strengthen it.
ISM Manufacturing PMI. USA, 16:00 (GMT+2)
The indicator is expected to grow to 55.0 points in March from 54.9 points a month earlier. The indicator shows the general state of US economy. Values above 50 indicate positive rates of economic development and strengthen USD. Values below 50 show economic slowdown and put pressure on USD rate.
Tankan Services PMI. Japan, 01:50 (GMT+2)
Tankan Services PMI for Q1 is due at 01:50 (GMT+2). The index is based on the estimates of business activities of over 8,000 companies and reflects general conditions in the service sector. Values over 50 are considered positive and support the strengthening of JPY. Values below 50 are viewed as a negative factor and lead to the reduction of JPY rate.
Construction Permits. Australia, 03:00 (GMT+2)
Information about Australian construction permits is due at 03:00 (GMT+2). The indicator is expected to drop to -2.0% in May from 4.4% a month earlier. It shows the number of new issued construction permits. The growth of the indicator shows general improvement of the economy and facilitates the improvement of AUD. The fall of the indicator weakens AUD.
Markit Manufacturing PMI. Germany, 09:55 (GMT+2)
Markit Manufacturing PMI is due at 09:55 (GMT+2). It is forecast that the indicator will rise to 59.4 points in June compared to 59.3 points a month earlier. The index shows economic conditions in manufacturing sector, and prospects for further development. It is one of the main indicators of the state of German economy. Values above 50 are perceived as a positive signal and strengthen EUR. Values below 50 are perceived as a negative signal and call for decreasing EUR rate.
Markit Manufacturing PMI. Eurozone, 10:00 (GMT+2)
Eurozone Markit Manufacturing PMI is due at 10:00 (GMT+2). The index shows economic conditions in manufacturing sector, and prospects for further development. Values above 50 are perceived as a positive signal and strengthen EUR. Values below 50 are perceived as a negative signal and call for decreasing EUR rate.
Markit Manufacturing PMI. UK, 10:30 (GMT+2)
UK Markit Manufacturing PMI is due at 10:30 (GMT+2). The indicator shows the state of the industrial sphere and is based on the poll of managers of major indutrial companies. Values above 50 indicate the growth of production and strengthen GBP. Values below 50 on the contrary indicate the reduction of growth rate and weaken GBP.
Unemployment rate. Eurozone, 11:00 (GMT+2)
The data on the employment rate in Eurozone is due at 11:00 (GMT+2). The indicator shows the share of the unemployed among the total number of employable Eurozone citizens. The growth of the value indicates slower economy development rates. High values of the indicator weaken EUR, and low ones strengthen it.
ISM Manufacturing PMI. USA, 16:00 (GMT+2)
The indicator is expected to grow to 55.0 points in March from 54.9 points a month earlier. The indicator shows the general state of US economy. Values above 50 indicate positive rates of economic development and strengthen USD. Values below 50 show economic slowdown and put pressure on USD rate.
Claws and Horns
News of the day. 30.06.2017
Unemployment Rate. Japan, 01:30 (GMT+2)
Unemployment Rate publication is due at 01:30 (GMT+2) in Japan. The index is expected to stay on the same level of 2.8% in May. The unemployment rate represents the percentage of the total labor 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.
Tokyo Consumer Price Index. Japan, 01:30 (GMT+2)
Tokyo Consumer Price Index is due at 01:30 (GMT+2) in Japan. The index is the key indicator of inflation in Tokyo that represents changes in the value of the basket of goods and services. A high result strengthens the JPY. A negative result weakens the JPY.
Industrial Production. Japan, 01:50 (GMT+2)
The Industrial Production data are due at 01:50 (GMT+2) in Japan. The MoM index is expected to be –3.2% in May against 4.0% in the previous month. The indicator represents changes in industrial output in Japan. Data on industrial production is one of the major indicators of the state of the national economy. A growth in the indicator supports the JPY. A fall in the indicator pressures the JPY.
Unemployment Rate. Germany, 09:55 (GMT+2)
Unemployment Rate publication is due at 09:55 (GMT+2) in Germany. The index is expected to stay on the same level of 5.7% in June. It represents the number of unemployed as a percentage of the total labor force. A growth in the index indicates a slowdown of the economy and weakens the EUR. A fall in the index supports the national economy growth and strengthens the EUR.
Unemployment Change. Germany, 09:55 (GMT+2)
Unemployment Change publication is due at 09:55 (GMT+2) in Germany. The index is expected to decrease to –10000 in June –9000 in the previous month. It represents the change in the number of unemployed in Germany. A growth in the index indicates a slowdown of the economy and weakens the EUR. A fall in the index supports the national economy growth and strengthens the EUR.
Gross Domestic Product. United Kingdom, 10:30 (GMT+2)
Gross Domestic Product is due at 10:30 (GMT+2) in the UK. The YoY index is expected to stay on the same level of 2%. It represents the total value of all goods and services created in the UK. It indicates the pace of a growth/decline of the economy. A high reading strengthens the GBP. A low reading weakens the GBP.
Consumer Price Index. Eurozone, 11:00 (GMT+2)
Consumer Price Index is due at 11:00 (GMT+2) in the Eurozone. The YoY index is expected to fall to 1.2% in May from 1.4% in the previous month. It is the key indicator of inflation in the Eurozone. It represents the change in the value of the basket of goods and services. A growth in the indicator strengthens the EUR. A fall in the indicator weakens the EUR.
Personal Spending. USA, 14:30 (GMT+2)
Personal Spending publication is due at 14:30 (GMT+2) in the USA. The index is expected to fall to 0.1% in May from 0.4% in the previous month. It is the personal spending by the US consumer. The index consists of spending on services, durable goods and nondurable goods.
Gross Domestic Product. Canada, 14:30 (GMT+2)
Gross Domestic Product is due at 14:30 (GMT+2) in Canada. The MoM index is expected to fall to 0.2% in April from 0.5% in the previous month. It represents the value of all goods and services created in the country during a certain period. A growth in the index strengthens the CAD. A fall in the index weakens the CAD.
Personal Income. USA, 14:30 (GMT+2)
Personal Income publication is due at 14:30 (GMT+2). The index is expected to fall to 0.3% in May from 0.4% in the previous month. The index represents an income of individuals from different sources. A high reading strengthens the USD. A low reading weakens the USD. A growth in the index indicates consumer readiness to spend money in current economic conditions.
Unemployment Rate. Japan, 01:30 (GMT+2)
Unemployment Rate publication is due at 01:30 (GMT+2) in Japan. The index is expected to stay on the same level of 2.8% in May. The unemployment rate represents the percentage of the total labor 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.
Tokyo Consumer Price Index. Japan, 01:30 (GMT+2)
Tokyo Consumer Price Index is due at 01:30 (GMT+2) in Japan. The index is the key indicator of inflation in Tokyo that represents changes in the value of the basket of goods and services. A high result strengthens the JPY. A negative result weakens the JPY.
Industrial Production. Japan, 01:50 (GMT+2)
The Industrial Production data are due at 01:50 (GMT+2) in Japan. The MoM index is expected to be –3.2% in May against 4.0% in the previous month. The indicator represents changes in industrial output in Japan. Data on industrial production is one of the major indicators of the state of the national economy. A growth in the indicator supports the JPY. A fall in the indicator pressures the JPY.
Unemployment Rate. Germany, 09:55 (GMT+2)
Unemployment Rate publication is due at 09:55 (GMT+2) in Germany. The index is expected to stay on the same level of 5.7% in June. It represents the number of unemployed as a percentage of the total labor force. A growth in the index indicates a slowdown of the economy and weakens the EUR. A fall in the index supports the national economy growth and strengthens the EUR.
Unemployment Change. Germany, 09:55 (GMT+2)
Unemployment Change publication is due at 09:55 (GMT+2) in Germany. The index is expected to decrease to –10000 in June –9000 in the previous month. It represents the change in the number of unemployed in Germany. A growth in the index indicates a slowdown of the economy and weakens the EUR. A fall in the index supports the national economy growth and strengthens the EUR.
Gross Domestic Product. United Kingdom, 10:30 (GMT+2)
Gross Domestic Product is due at 10:30 (GMT+2) in the UK. The YoY index is expected to stay on the same level of 2%. It represents the total value of all goods and services created in the UK. It indicates the pace of a growth/decline of the economy. A high reading strengthens the GBP. A low reading weakens the GBP.
Consumer Price Index. Eurozone, 11:00 (GMT+2)
Consumer Price Index is due at 11:00 (GMT+2) in the Eurozone. The YoY index is expected to fall to 1.2% in May from 1.4% in the previous month. It is the key indicator of inflation in the Eurozone. It represents the change in the value of the basket of goods and services. A growth in the indicator strengthens the EUR. A fall in the indicator weakens the EUR.
Personal Spending. USA, 14:30 (GMT+2)
Personal Spending publication is due at 14:30 (GMT+2) in the USA. The index is expected to fall to 0.1% in May from 0.4% in the previous month. It is the personal spending by the US consumer. The index consists of spending on services, durable goods and nondurable goods.
Gross Domestic Product. Canada, 14:30 (GMT+2)
Gross Domestic Product is due at 14:30 (GMT+2) in Canada. The MoM index is expected to fall to 0.2% in April from 0.5% in the previous month. It represents the value of all goods and services created in the country during a certain period. A growth in the index strengthens the CAD. A fall in the index weakens the CAD.
Personal Income. USA, 14:30 (GMT+2)
Personal Income publication is due at 14:30 (GMT+2). The index is expected to fall to 0.3% in May from 0.4% in the previous month. The index represents an income of individuals from different sources. A high reading strengthens the USD. A low reading weakens the USD. A growth in the index indicates consumer readiness to spend money in current economic conditions.
Claws and Horns
News of the day. 28.06.2017
Statement by the Bank of England Head Mark Carney. UK, 15:30 (GMT+2)
The statement by the head of the Bank of England Mark Carney is due at 15:30 (GMT+2). He is the head of the fiscal policy committee and will comment on the current economic situation in the country.
Statement by the Bank of Japan Head Kuroda. Japan, 15:30 (GMT+2)
The head of the Bank of Japan Kuroda is to make a statement on the issues of monetary policy at 15:30 (GMT+2).
Statement by the Bank of Canada Head Poloz. Canada, 15:30 (GMT+2)
The statement by the head of the Bank of Canada is due at 13:00 (GMT+2). Stephen Poloz is the head of the Central Bank of Canada and the chairman of the Board of Directors of the Bank of Canada. He will comment on the current economic situation and monetary policy. Depending on their tone, his comments may lead either to strengthening or weakening of CAD.
Statement by ECB Head Draghi. Eurozone, 15:30 (GMT+2)
The head of ECB Mario Draghi is to make a statement at 15:30 (GMT+2) and comment on the current economic situation in Eurozone. Positive comments may lead to the strengthening of EUR and negative ones weaken it.
Statement by the Bank of England Head Mark Carney. UK, 15:30 (GMT+2)
The statement by the head of the Bank of England Mark Carney is due at 15:30 (GMT+2). He is the head of the fiscal policy committee and will comment on the current economic situation in the country.
Statement by the Bank of Japan Head Kuroda. Japan, 15:30 (GMT+2)
The head of the Bank of Japan Kuroda is to make a statement on the issues of monetary policy at 15:30 (GMT+2).
Statement by the Bank of Canada Head Poloz. Canada, 15:30 (GMT+2)
The statement by the head of the Bank of Canada is due at 13:00 (GMT+2). Stephen Poloz is the head of the Central Bank of Canada and the chairman of the Board of Directors of the Bank of Canada. He will comment on the current economic situation and monetary policy. Depending on their tone, his comments may lead either to strengthening or weakening of CAD.
Statement by ECB Head Draghi. Eurozone, 15:30 (GMT+2)
The head of ECB Mario Draghi is to make a statement at 15:30 (GMT+2) and comment on the current economic situation in Eurozone. Positive comments may lead to the strengthening of EUR and negative ones weaken it.
Claws and Horns
News of the day. 23.06.2017
Markit Services PMI. Germany, 09:30 (GMT+2)
Markit Services PMI is due at 09:30 (GMT+2). The indicator is expected to grow to 55.5 points in June against 55.4 points in the previous month. The indicator evaluates the economic situation in the services sector and is based on a poll taken among the managers of German companies to estimate current economic situation in this sector. Values above 50 are perceived as a positive signal and strengthen EUR. Values below 50 are perceived as a negative signal and call for decreasing EUR rate.
Markit Services PMI. Eurozone, 10:00 (GMT+2)
Eurozone Markit Services PMI is due at 10:00 (GMT+2). The indicator is expected to drop to 56.2 points in April against 56.3 points in the previous month. The index shows economic conditions in services sector, and prospects for further development. Values above 50 are perceived as a positive signal and strengthens EUR. Values below 50 are perceived as a negative signal and call for decreasing EUR rate.
Markit Manufacturing PMI. Eurozone, 10:00 (GMT+2)
Markit Manufacturing PMI is due at 10:00 (GMT+2). The indicator is expected to fall to 56.8 points from 57.0 points in March. The index shows economic conditions in manufacturing sector, and prospects for further development. Values above 50 are perceived as a positive signal and strengthens EUR. Values below 50 are perceived as a negative signal and call for decreasing EUR rate.
Consumer Price Index. Canada, 14:30 (GMT+2)
Canadian Consumer Price Index is due at 14:30 (GMT+2). The indicator is expected to drop to 0.3% in May against 0.4% a month earlier. On year-on-year basis, the indicator is expected to drop to 1.5% from 1.6% a month earlier. The indicator shows the changes in price of the basic market basket. High values are considered an indication of rate rise. Growth of this indicator strengthens the CAD, decrease weakens the CAD.
Markit Services PMI. USA, 15:45 (GMT+2)
USA Markit Services PMI is due at 15:45 (GMT+2). The indicator is expected to grow to 53.8 points in June against 53.6 points in the previous month. The index is built upon polls of managers working in services sector to estimate current economic situation in this sector and the prospects of its future development. Values above 50 are perceived as a positive signal and strengthen USD. Values below 50 are perceived as a negative signal and call for decreasing USD rate.
Markit Services PMI. Germany, 09:30 (GMT+2)
Markit Services PMI is due at 09:30 (GMT+2). The indicator is expected to grow to 55.5 points in June against 55.4 points in the previous month. The indicator evaluates the economic situation in the services sector and is based on a poll taken among the managers of German companies to estimate current economic situation in this sector. Values above 50 are perceived as a positive signal and strengthen EUR. Values below 50 are perceived as a negative signal and call for decreasing EUR rate.
Markit Services PMI. Eurozone, 10:00 (GMT+2)
Eurozone Markit Services PMI is due at 10:00 (GMT+2). The indicator is expected to drop to 56.2 points in April against 56.3 points in the previous month. The index shows economic conditions in services sector, and prospects for further development. Values above 50 are perceived as a positive signal and strengthens EUR. Values below 50 are perceived as a negative signal and call for decreasing EUR rate.
Markit Manufacturing PMI. Eurozone, 10:00 (GMT+2)
Markit Manufacturing PMI is due at 10:00 (GMT+2). The indicator is expected to fall to 56.8 points from 57.0 points in March. The index shows economic conditions in manufacturing sector, and prospects for further development. Values above 50 are perceived as a positive signal and strengthens EUR. Values below 50 are perceived as a negative signal and call for decreasing EUR rate.
Consumer Price Index. Canada, 14:30 (GMT+2)
Canadian Consumer Price Index is due at 14:30 (GMT+2). The indicator is expected to drop to 0.3% in May against 0.4% a month earlier. On year-on-year basis, the indicator is expected to drop to 1.5% from 1.6% a month earlier. The indicator shows the changes in price of the basic market basket. High values are considered an indication of rate rise. Growth of this indicator strengthens the CAD, decrease weakens the CAD.
Markit Services PMI. USA, 15:45 (GMT+2)
USA Markit Services PMI is due at 15:45 (GMT+2). The indicator is expected to grow to 53.8 points in June against 53.6 points in the previous month. The index is built upon polls of managers working in services sector to estimate current economic situation in this sector and the prospects of its future development. Values above 50 are perceived as a positive signal and strengthen USD. Values below 50 are perceived as a negative signal and call for decreasing USD rate.
Claws and Horns
News of the day. 22.06.2017
Initial Jobless Claims. USA, 14:30 (GMT+2)
The data on initial jobless claims in the USA is due at 14:30 (GMT+2). The value is expected to grow to 240K a week against 237K in the previous week. The value indicates the number of new jobless claims. The index is published every Thursday and shows the value of nonfarm payrolls. Decreasing the amount of the claims influences the USA dollar in a positive way. Increased amount of claims, on the contrary, is considered to be a negative factor.
Consumer Confidence. Eurozone, 16:00 (GMT+2)
Consumer Confidence data is due at 16:00 (GMT+2). The indicator is expected to grow to -3.0 points in June from -3.3 points a month earlier. The indicator shows the level of consumer confidence in the current economic situation. High values are considered a positive signal and support the rate of EUR. Indicators below expectations weaken EUR.
Initial Jobless Claims. USA, 14:30 (GMT+2)
The data on initial jobless claims in the USA is due at 14:30 (GMT+2). The value is expected to grow to 240K a week against 237K in the previous week. The value indicates the number of new jobless claims. The index is published every Thursday and shows the value of nonfarm payrolls. Decreasing the amount of the claims influences the USA dollar in a positive way. Increased amount of claims, on the contrary, is considered to be a negative factor.
Consumer Confidence. Eurozone, 16:00 (GMT+2)
Consumer Confidence data is due at 16:00 (GMT+2). The indicator is expected to grow to -3.0 points in June from -3.3 points a month earlier. The indicator shows the level of consumer confidence in the current economic situation. High values are considered a positive signal and support the rate of EUR. Indicators below expectations weaken EUR.
Claws and Horns
News of the day. 21.06.2017
BoJ Monetary Policy Meeting Minutes. Japan, 01:50 (GMT+2)
The Bank of Japan releases an overview of current economic conditions in the country and assesses economic prospects.
Public Sector Net Borrowing. United Kingdom, 10:30 (GMT+2)
The Public Sector Net Borrowing publication is due at 10:30 (GMT+2) in the United Kingdom. The index is expected to fall to 7.00 billion GBP in May from 9.65 billion in the previous month. The index represents the government debt. Positive values indicate a budget deficit and weaken the GBP. Negative values denote a budget surplus and strengthen the GBP.
RBNZ Interest Rate Decision. New Zealand, 23:00 (GMT+2)
The RBNZ Interest Rate Decision is due at 23:00 (GMT+2). The index is expected to stay on the same level of 1.75%. The Reserve Bank of New Zealand announces its decision on interest rates. A rate increase strengthens the NZD. A rate decrease weakens the NZD.
BoJ Monetary Policy Meeting Minutes. Japan, 01:50 (GMT+2)
The Bank of Japan releases an overview of current economic conditions in the country and assesses economic prospects.
Public Sector Net Borrowing. United Kingdom, 10:30 (GMT+2)
The Public Sector Net Borrowing publication is due at 10:30 (GMT+2) in the United Kingdom. The index is expected to fall to 7.00 billion GBP in May from 9.65 billion in the previous month. The index represents the government debt. Positive values indicate a budget deficit and weaken the GBP. Negative values denote a budget surplus and strengthen the GBP.
RBNZ Interest Rate Decision. New Zealand, 23:00 (GMT+2)
The RBNZ Interest Rate Decision is due at 23:00 (GMT+2). The index is expected to stay on the same level of 1.75%. The Reserve Bank of New Zealand announces its decision on interest rates. A rate increase strengthens the NZD. A rate decrease weakens the NZD.
Claws and Horns
News of the day. 20.06.2017
RBA Meeting's Minutes. Australia, 03:30 (GMT+2)
The RBA Meeting's Minutes is due at 03:30 (GMT+2) in Australia. Minutes of the RBA monetary policy meetings are released two weeks after each meeting. The publication contains commentaries regarding the most recent decisions as well as information about the votes of each individual member of the Board.
Producer Price Index. Germany, 08:00 (GMT+2)
The Producer Price Index is due at 08:00 (GMT+2) in Germany. The YoY index is expected to lower to 2.8% in May from 3.4% in the previous month. The MoM index the index is expected to lower to -0.2% in May from 0.4% in the previous month. It represents the wholesale prices change from producers. A growth in the index strengthens the EUR. A fall in the index weakens the EUR.
RBA Meeting's Minutes. Australia, 03:30 (GMT+2)
The RBA Meeting's Minutes is due at 03:30 (GMT+2) in Australia. Minutes of the RBA monetary policy meetings are released two weeks after each meeting. The publication contains commentaries regarding the most recent decisions as well as information about the votes of each individual member of the Board.
Producer Price Index. Germany, 08:00 (GMT+2)
The Producer Price Index is due at 08:00 (GMT+2) in Germany. The YoY index is expected to lower to 2.8% in May from 3.4% in the previous month. The MoM index the index is expected to lower to -0.2% in May from 0.4% in the previous month. It represents the wholesale prices change from producers. A growth in the index strengthens the EUR. A fall in the index weakens the EUR.
Claws and Horns
News of the day. 16.06.2017
Decision of the Bank of Japan on the Interest Rate. Japan, 04:00 (GMT+2)
The decision of the Bank of Japan on the Interest Rate will be published at 04:00 (GMT+2). The indicator is expected to remain unchanged on the level of -0.1%. The Bank of Japan makes the decision based on current economic situation and inflation level. The growth of the indicator strengthens JPY. If the rate stays at the same level or goes down, the national currency rate is decreased.
Press Conference of the Bank of Japan. Japan, 08:30 (GMT+2)
The press conference of the Bank of Japan is due at 08:30 (GMT+2). At the press conference the head of the Bank of Japan makes comments on the made decision on the interest rate. He also explained the position of the Central Bank regarding the monetary policy.
Consumer Prices Index. Eurozone, 11:00 (GMT+2)
Eurozone Consumer Price Index is due at 11:00 (GMT+2). The indicator is expected to remain unchanged on the level of 1.4% YoY in May. On a monthly basis the indicator is expected to drop to -0.1% in May from 0.4% a month earlier. It is the key indicator of inflation in the EU which represents the change in the value of the basket of goods and services. The growth of the indicator leads to increased EUR rate, and its reduction weakens the European currency.
Decision of the Bank of Japan on the Interest Rate. Japan, 04:00 (GMT+2)
The decision of the Bank of Japan on the Interest Rate will be published at 04:00 (GMT+2). The indicator is expected to remain unchanged on the level of -0.1%. The Bank of Japan makes the decision based on current economic situation and inflation level. The growth of the indicator strengthens JPY. If the rate stays at the same level or goes down, the national currency rate is decreased.
Press Conference of the Bank of Japan. Japan, 08:30 (GMT+2)
The press conference of the Bank of Japan is due at 08:30 (GMT+2). At the press conference the head of the Bank of Japan makes comments on the made decision on the interest rate. He also explained the position of the Central Bank regarding the monetary policy.
Consumer Prices Index. Eurozone, 11:00 (GMT+2)
Eurozone Consumer Price Index is due at 11:00 (GMT+2). The indicator is expected to remain unchanged on the level of 1.4% YoY in May. On a monthly basis the indicator is expected to drop to -0.1% in May from 0.4% a month earlier. It is the key indicator of inflation in the EU which represents the change in the value of the basket of goods and services. The growth of the indicator leads to increased EUR rate, and its reduction weakens the European currency.
Claws and Horns
News of the day. 15.06.2017
Gross Domestic Product. New Zealand, 00:45 (GMT+2)
The Gross Domestic Product publication is due at 00:45 (GMT+2) in the New Zealand. The QoQ index is expected to grow to 0.7% in the 1 quarter from 0.4% in the previous period. The data on Gross Domestic Product represents the total value of goods and services created in the country in a time period. A high reading strengthens the NZD. A low reading weakens the NZD.
Employment Change s.a. Australia, 03:30 (GMT+2)
The Employment Change s.a. is due at 03:30 (GMT+2) in Australia. The index is expected to lower to 10.0K in May from 37.4K in the previous month. The Employment Change released by the Australian Bureau of Statistics is a measure of the change in the number of employed people in Australia. Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth. Therefore, a high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).
SNB Interest Rate Decision. Switzerland, 09:30 (GMT+2)
The SNB Interest Rate Decision is due at 09:30 (GMT+2) in Switzerland. The index is expected to stay on the same level of -0.75%. The Swiss National Bank announces its decision on interest rates. A rate increase strengthens the CHF, while a decrease weakens the CHF.
SNB Press Conference. Switzerland, 09:30 (GMT+2)
A press conference is held after the interest rate decision has been announced. The press conference is broken up in two parts. During the first one, the prepared statement of the Swiss National Bank is read, and then SNB representatives give their commentaries. Depending on the tone, the commentaries can have a strong impact on the market.
Retail Sales. United Kingdom, 10:30 (GMT+2)
The Retail Sales publication is due at 10:30 (GMT+2) in the UK. The YoY index is expected to lower to 1.7% in May from 4.0% in the previous month. The MoM index is expected to lower to -0.8% in May from 2.3% in the previous month. The index represents the total value of all receipts from retail shops in the country. It characterizes the level of consumer expenditure and demand. Growth in retail sales is an important factor for the economy. A high reading strengthens the GBP. A low reading weakens the GBP.
BoE Interest Rate Decision. United Kingdom, 13:00 (GMT+2)
The BoE Interest Rate Decision is due at 13:00 (GMT+2). The index is expected to stay on the same level of 0.25%. Depending on the current economic situation and the level of inflation, the Bank of England makes its decision on the interest rate. The rate increase strengthens the GBP. If rate remains unchanged or get cut, the GBP weakens.
Monetary Policy Summary. United Kingdom, 13:00 (GMT+2)
After the Interest Rate Decision the Monetary Policy Committee Minutes with the commentaries upon the decisions made is published.
Initial Jobless Claims. USA, 14:30 (GMT+2)
The Initial Jobless Claims is due at 14:30 (GMT+2) in the USA. The index is expected to lower 242K in a week from 245K in the previous week. It represents the number of new unemployment claims and is published weekly on Thursdays. It allows approximating what nonfarm payrolls will be. A fall in the index strengthens the USD. A growth in the index weakens the USD.
Industrial Production (MoM). USA, 15:15 (GMT+2)
The Industrial Production (MoM) publication is due at 15:15 (GMT+2) in the USA. The MoM index is expected to lower to 0.2% in May from 1.0% in the previous month. It represents industrial output in the US. It is one of the major indicators of the state of the national economy. It has a high impact on the market. A growth in the index supports the USD. A fall in the index pressures the USD.
Gross Domestic Product. New Zealand, 00:45 (GMT+2)
The Gross Domestic Product publication is due at 00:45 (GMT+2) in the New Zealand. The QoQ index is expected to grow to 0.7% in the 1 quarter from 0.4% in the previous period. The data on Gross Domestic Product represents the total value of goods and services created in the country in a time period. A high reading strengthens the NZD. A low reading weakens the NZD.
Employment Change s.a. Australia, 03:30 (GMT+2)
The Employment Change s.a. is due at 03:30 (GMT+2) in Australia. The index is expected to lower to 10.0K in May from 37.4K in the previous month. The Employment Change released by the Australian Bureau of Statistics is a measure of the change in the number of employed people in Australia. Generally speaking, a rise in this indicator has positive implications for consumer spending which stimulates economic growth. Therefore, a high reading is seen as positive (or bullish) for the AUD, while a low reading is seen as negative (or bearish).
SNB Interest Rate Decision. Switzerland, 09:30 (GMT+2)
The SNB Interest Rate Decision is due at 09:30 (GMT+2) in Switzerland. The index is expected to stay on the same level of -0.75%. The Swiss National Bank announces its decision on interest rates. A rate increase strengthens the CHF, while a decrease weakens the CHF.
SNB Press Conference. Switzerland, 09:30 (GMT+2)
A press conference is held after the interest rate decision has been announced. The press conference is broken up in two parts. During the first one, the prepared statement of the Swiss National Bank is read, and then SNB representatives give their commentaries. Depending on the tone, the commentaries can have a strong impact on the market.
Retail Sales. United Kingdom, 10:30 (GMT+2)
The Retail Sales publication is due at 10:30 (GMT+2) in the UK. The YoY index is expected to lower to 1.7% in May from 4.0% in the previous month. The MoM index is expected to lower to -0.8% in May from 2.3% in the previous month. The index represents the total value of all receipts from retail shops in the country. It characterizes the level of consumer expenditure and demand. Growth in retail sales is an important factor for the economy. A high reading strengthens the GBP. A low reading weakens the GBP.
BoE Interest Rate Decision. United Kingdom, 13:00 (GMT+2)
The BoE Interest Rate Decision is due at 13:00 (GMT+2). The index is expected to stay on the same level of 0.25%. Depending on the current economic situation and the level of inflation, the Bank of England makes its decision on the interest rate. The rate increase strengthens the GBP. If rate remains unchanged or get cut, the GBP weakens.
Monetary Policy Summary. United Kingdom, 13:00 (GMT+2)
After the Interest Rate Decision the Monetary Policy Committee Minutes with the commentaries upon the decisions made is published.
Initial Jobless Claims. USA, 14:30 (GMT+2)
The Initial Jobless Claims is due at 14:30 (GMT+2) in the USA. The index is expected to lower 242K in a week from 245K in the previous week. It represents the number of new unemployment claims and is published weekly on Thursdays. It allows approximating what nonfarm payrolls will be. A fall in the index strengthens the USD. A growth in the index weakens the USD.
Industrial Production (MoM). USA, 15:15 (GMT+2)
The Industrial Production (MoM) publication is due at 15:15 (GMT+2) in the USA. The MoM index is expected to lower to 0.2% in May from 1.0% in the previous month. It represents industrial output in the US. It is one of the major indicators of the state of the national economy. It has a high impact on the market. A growth in the index supports the USD. A fall in the index pressures the USD.
Claws and Horns
News of the day. 14.06.2017
Consumer Price Index. Germany, 08:00 (GMT+2)
German Consumer Prices Index is due at 08:00 (GMT+2). The indicator is expected to remain unchanged on the level of -0.2% on the monthly basis in May. The index shows the changes in household commodity and service prices and is considered the main inflation indicator. The growth of the indicator strengthens EUR, and its fall weakens the currency.
Jobless Claims. UK, 10:30 (GMT+2)
The data on the UK jobless claims is due at 10:30 (GMT+2). It is forecast that the indicator will fall to 10.0 thousand in May compared to 19.4 thousand a month earlier. The indicator shows the amount of British citizens not having a job. High values of the indicator weaken GBP, and low ones strengthen it.
ILO Unemployment Rate. UK, 10:30 (GMT+2)
The data on ILO unemployment rate are due at 10:30 (GMT+2). The indicator is expected to remain unchanged on the level of 4.6%. ILO is one of the main indicators of the UK labor market. It demonstrates the shares of employable citizens of the country that have no jobs as of the moment. The growth of the indicator is a negative factor lowering the rate of GBP. Its reduction on the contrary is perceived as a positive factor and strengthens the pound.
Industrial Output. Eurozone, 12:00 (GMT+2)
The data on Eurozone industrial output is due at 12:00 (GMT+2). The indicator is expected to grow to 0.5% in April from -0.1% a month earlier. The indicator shows changes in industrial output volume and is one of the most important indexes of the state of the economy. High results strengthen EUR, and low values weaken the European currency.
Retail Sales. USA, 14:30 (GMT+2)
The data on US retail sales are due at 14:30 (GMT+2). On a monthly basis the indicator is expected to drop to 0.1% in May from 0.4% a month earlier. The indicator shows changes in the volumes of sales in the retail sector. Growth of the index is a positive factor for the economy and strengthens the USD. Fall of the index weakens the USD.
Consumer Price Index. USA, 14:30 (GMT+2)
US Consumer Price Index is due at 14:30 (GMT+2). It is forecasted that on YoY basis, the indicator will fall to 2.0% in May from 2.2% a month earlier. It is the key indicator of inflation in the country and represents the change in the value of the basket of goods and services. A positive reading strengthens USD, and negative values weaken it.
FOMC decision on interest rate. USA, 20:00 (GMT+2)
FOMC's decision of the interest rate is due today at 20:00 (GMT+2). The indicator is expected to be increased by 0.25 percentage points to 1.25% The decision on the interest rate is announced by the fiscal policy committee of FOMC. This indicator is very important for the economy and influences interest rate levels of commercial banks and exchange rate of US dollar. Interest rate hike influences US national currency in a positive way. Rate decrease leads to USD rate falling.
FOMC Press-Conference. USA, 20:30 (GMT+2)
After announcing FOMC's decision on interest rate, Janet Yellen is going to answer questions regarding current economic situation in the USA. Comments of the head of FOMC have significant influence on the market and are able to strengthen or weaken USD rate.
Consumer Price Index. Germany, 08:00 (GMT+2)
German Consumer Prices Index is due at 08:00 (GMT+2). The indicator is expected to remain unchanged on the level of -0.2% on the monthly basis in May. The index shows the changes in household commodity and service prices and is considered the main inflation indicator. The growth of the indicator strengthens EUR, and its fall weakens the currency.
Jobless Claims. UK, 10:30 (GMT+2)
The data on the UK jobless claims is due at 10:30 (GMT+2). It is forecast that the indicator will fall to 10.0 thousand in May compared to 19.4 thousand a month earlier. The indicator shows the amount of British citizens not having a job. High values of the indicator weaken GBP, and low ones strengthen it.
ILO Unemployment Rate. UK, 10:30 (GMT+2)
The data on ILO unemployment rate are due at 10:30 (GMT+2). The indicator is expected to remain unchanged on the level of 4.6%. ILO is one of the main indicators of the UK labor market. It demonstrates the shares of employable citizens of the country that have no jobs as of the moment. The growth of the indicator is a negative factor lowering the rate of GBP. Its reduction on the contrary is perceived as a positive factor and strengthens the pound.
Industrial Output. Eurozone, 12:00 (GMT+2)
The data on Eurozone industrial output is due at 12:00 (GMT+2). The indicator is expected to grow to 0.5% in April from -0.1% a month earlier. The indicator shows changes in industrial output volume and is one of the most important indexes of the state of the economy. High results strengthen EUR, and low values weaken the European currency.
Retail Sales. USA, 14:30 (GMT+2)
The data on US retail sales are due at 14:30 (GMT+2). On a monthly basis the indicator is expected to drop to 0.1% in May from 0.4% a month earlier. The indicator shows changes in the volumes of sales in the retail sector. Growth of the index is a positive factor for the economy and strengthens the USD. Fall of the index weakens the USD.
Consumer Price Index. USA, 14:30 (GMT+2)
US Consumer Price Index is due at 14:30 (GMT+2). It is forecasted that on YoY basis, the indicator will fall to 2.0% in May from 2.2% a month earlier. It is the key indicator of inflation in the country and represents the change in the value of the basket of goods and services. A positive reading strengthens USD, and negative values weaken it.
FOMC decision on interest rate. USA, 20:00 (GMT+2)
FOMC's decision of the interest rate is due today at 20:00 (GMT+2). The indicator is expected to be increased by 0.25 percentage points to 1.25% The decision on the interest rate is announced by the fiscal policy committee of FOMC. This indicator is very important for the economy and influences interest rate levels of commercial banks and exchange rate of US dollar. Interest rate hike influences US national currency in a positive way. Rate decrease leads to USD rate falling.
FOMC Press-Conference. USA, 20:30 (GMT+2)
After announcing FOMC's decision on interest rate, Janet Yellen is going to answer questions regarding current economic situation in the USA. Comments of the head of FOMC have significant influence on the market and are able to strengthen or weaken USD rate.
Claws and Horns
News of the day. 13.06.2017
Consumer Price Index. UK, 11:30 (GMT+2)
The British Consumer Price Index is due at 11:30 (GMT+2). The indicator is expected to remain unchanged on the level of 2.7% YoY in May. On a monthly basis the indicator is expected to drop to 0.2% in May from 0.5% a month earlier. Consumer Price Index is one of the key indicators that characterizes the level of inflation and demonstrates the changes in commodity and service prices. A high value of the indicator strengthens GBP, and a low one weakens it.
ZEW Institute Business Circles Climate Index. Germany, 12:00 (GMT+2)
ZEW Institute Business Circles Climate Index is due at 12:00 (GMT+2). It is forecast that the indicator will rise to 21.5 points in June compared to 20.6 points a month earlier. The indicator is calculated by the Economic Studies Center (ZEW) on the basis of poll of the leading European financial expert that assess the current economic situation in Europe. A positive result indicates that the experts are optimistic about the economy and strengthen EUR. Values below the expected level show that the economy is assessed in pessimistic terms and weaken euro.
Consumer Price Index. UK, 11:30 (GMT+2)
The British Consumer Price Index is due at 11:30 (GMT+2). The indicator is expected to remain unchanged on the level of 2.7% YoY in May. On a monthly basis the indicator is expected to drop to 0.2% in May from 0.5% a month earlier. Consumer Price Index is one of the key indicators that characterizes the level of inflation and demonstrates the changes in commodity and service prices. A high value of the indicator strengthens GBP, and a low one weakens it.
ZEW Institute Business Circles Climate Index. Germany, 12:00 (GMT+2)
ZEW Institute Business Circles Climate Index is due at 12:00 (GMT+2). It is forecast that the indicator will rise to 21.5 points in June compared to 20.6 points a month earlier. The indicator is calculated by the Economic Studies Center (ZEW) on the basis of poll of the leading European financial expert that assess the current economic situation in Europe. A positive result indicates that the experts are optimistic about the economy and strengthen EUR. Values below the expected level show that the economy is assessed in pessimistic terms and weaken euro.
Claws and Horns
News of the day. 12.06.2017
Electronic Card Retail Sales. New Zealand, 00:45 (GMT+2)
At 00:45 (GMT+2) data on retail sales using electronic payment cards for May will be released. The indicator reflects the number of purchases made with credit and debit cards. It is also considered as an indicator of the state of the retail sector. High values of the indicator are a positive factor for NZD, low values have negative effect.
Federal Budget Balance. USA, 20:00 (GMT+2)
At 20:00 (GMT+2) data on the US budget will be published. The report shows the ratio between the state's revenues and expenditures. When spending exceeds the income, a budget deficit is formed. When income exceeds expenditure, a budget surplus is formed. A positive result strengthens the USD, a negative result weakens the USD.
Electronic Card Retail Sales. New Zealand, 00:45 (GMT+2)
At 00:45 (GMT+2) data on retail sales using electronic payment cards for May will be released. The indicator reflects the number of purchases made with credit and debit cards. It is also considered as an indicator of the state of the retail sector. High values of the indicator are a positive factor for NZD, low values have negative effect.
Federal Budget Balance. USA, 20:00 (GMT+2)
At 20:00 (GMT+2) data on the US budget will be published. The report shows the ratio between the state's revenues and expenditures. When spending exceeds the income, a budget deficit is formed. When income exceeds expenditure, a budget surplus is formed. A positive result strengthens the USD, a negative result weakens the USD.
Claws and Horns
News of the day. 8.06.2017
Balance of Trades. Australia, 03:30 (GMT+2)
The data on the Australian trade balance are due at 03:30 (GMT+2). The indicator is expected to drop to $1,950 mln in April against $3,107 mln in the previous month. Trading balance shows the difference between export and import of goods and services in monetary terms. A positive result indicates a surplus of the trading balance and strengthens AUD. A negative value means a deficite of the trading balance and weakens AUD.
Consumer Prices Index. Switzerland, 09:15 (GMT+2)
The data on the US consumer price index are due at 09:15 (GMT+2). On a monthly basis the indicator is expected to drop to 0.1% in May from 0.2% a month earlier. On YoY basis the indicator is expected to make up 0.3% in May against 0.4% a month earlier. The index shows the changes in household commodity and service prices and is considered the main inflation indicator. The growth of its value strengthens CHF, and the reduction weakens the currency.
Gross Domestic Product. Eurozone, 11:00 (GMT+2)
The data on the EU GDP are due at 11:00 (GMT+2). The indicator is expected to remain unchanged on the level of 1.7% YoY in Q1. The indicator shows market value of all goods and services produced in the EU in a year. Higher results induce euro rate increase, and low ones weaken EUR.
Decision of ECB on the Interest Rate. Eurozone, 13:45 (GMT+2)
The decision of ECB on the interest rate is due at 13:45 (GMT+2). The indicator is expected to remain unchanged on the level of 0%. ECB makes a decision on the interest rate based on the current economic situation and the level of inflation. The growth of the indicator strengthens EUR. If the rate stays at the same level or goes down, EUR rate is decreased.
Comments of ECB on Fiscal Policy. Eurozone, 14:30 (GMT+2)
After announcing a decision on the interest rate the head of ECB makes comments on it and answers questions about the current economic situation in the EU. Comments of ECB head may lead to EUR volatility.
Initial Jobless Claims. USA, 14:30 (GMT+2)
Initial Jobless Claims are due at 14:30 (GMT+2). The value indicates the number of new jobless claims. The index is published every Thursday and shows the value of nonfarm payrolls indicator. Decreasing the amount of the claims influences the USA dollar in a positive way. Increased amount of claims, on the contrary, is considered to be a negative factor.
Balance of Trades. Australia, 03:30 (GMT+2)
The data on the Australian trade balance are due at 03:30 (GMT+2). The indicator is expected to drop to $1,950 mln in April against $3,107 mln in the previous month. Trading balance shows the difference between export and import of goods and services in monetary terms. A positive result indicates a surplus of the trading balance and strengthens AUD. A negative value means a deficite of the trading balance and weakens AUD.
Consumer Prices Index. Switzerland, 09:15 (GMT+2)
The data on the US consumer price index are due at 09:15 (GMT+2). On a monthly basis the indicator is expected to drop to 0.1% in May from 0.2% a month earlier. On YoY basis the indicator is expected to make up 0.3% in May against 0.4% a month earlier. The index shows the changes in household commodity and service prices and is considered the main inflation indicator. The growth of its value strengthens CHF, and the reduction weakens the currency.
Gross Domestic Product. Eurozone, 11:00 (GMT+2)
The data on the EU GDP are due at 11:00 (GMT+2). The indicator is expected to remain unchanged on the level of 1.7% YoY in Q1. The indicator shows market value of all goods and services produced in the EU in a year. Higher results induce euro rate increase, and low ones weaken EUR.
Decision of ECB on the Interest Rate. Eurozone, 13:45 (GMT+2)
The decision of ECB on the interest rate is due at 13:45 (GMT+2). The indicator is expected to remain unchanged on the level of 0%. ECB makes a decision on the interest rate based on the current economic situation and the level of inflation. The growth of the indicator strengthens EUR. If the rate stays at the same level or goes down, EUR rate is decreased.
Comments of ECB on Fiscal Policy. Eurozone, 14:30 (GMT+2)
After announcing a decision on the interest rate the head of ECB makes comments on it and answers questions about the current economic situation in the EU. Comments of ECB head may lead to EUR volatility.
Initial Jobless Claims. USA, 14:30 (GMT+2)
Initial Jobless Claims are due at 14:30 (GMT+2). The value indicates the number of new jobless claims. The index is published every Thursday and shows the value of nonfarm payrolls indicator. Decreasing the amount of the claims influences the USA dollar in a positive way. Increased amount of claims, on the contrary, is considered to be a negative factor.
Claws and Horns
News of the day. 07.06.2017
Gross Domestic Product. Australia, 03:30 (GMT+2)
The data on the Australian Gross Domestic Product is due at 03:30 (GMT+2). The indicator is expected to drop to 1.5% YoY in Q1 from 2.4% in the previous period. In quarterly terms the indicator is expected to make 0.2% in Q1 against 1.1% in the previous quarter. The indicator shows market value of all goods and services produced in Australia and describes the rate of economic growth or fall. High results strengthen AUD, and low ones on the contrary weaken it.
Gross Domestic Product. Australia, 03:30 (GMT+2)
The data on the Australian Gross Domestic Product is due at 03:30 (GMT+2). The indicator is expected to drop to 1.5% YoY in Q1 from 2.4% in the previous period. In quarterly terms the indicator is expected to make 0.2% in Q1 against 1.1% in the previous quarter. The indicator shows market value of all goods and services produced in Australia and describes the rate of economic growth or fall. High results strengthen AUD, and low ones on the contrary weaken it.
Claws and Horns
News of the day. 05.06.2017
TD Securities Inflation Data. Australia, 03:00 (GMT+2)
May TD Securities inflation data is due at 03:00 (GMT+2). The indicator is prepared by the University of Melbourne and assesses the level of inflation. The growth of the indicator may influence the decision of RBA to increase the interest rate. When the indicator grows it positively influences the rate of AUD, and its fall on the contrary leads to the weakening of the rate.
Markit Services PMI. EU, 10:00 (GMT+2)
EU Markit Services PMI is due at 10:00 (GMT+2). The index shows economic conditions in services sector, and prospects for further development. Values above 50 are perceived as a positive signal and strengthens EUR. Values below 50 are perceived as a negative signal and call for decreasing EUR rate.
Markit Services PMI. USA, 15:45 (GMT+2)
USA Markit Services PMI is due at 15:45 (GMT+2). The index is built upon polls of managers working in services sector to estimate current economic situation in this sector and the prospects of its future development. Values above 50 are perceived as a positive signal and strengthen USD. Values below 50 are perceived as a negative signal and call for decreasing USD rate.
Production Orders. USA, 16:00 (GMT+2)
The data on US production orders is due at 16:00 (GMT+2). The index shows changes in the volumes of orders in the production sector and allows one to assess the growth rate in the production sphere. The growth of the indicator leads to the increase of USD, and its falls puts US dollar under pressure.
TD Securities Inflation Data. Australia, 03:00 (GMT+2)
May TD Securities inflation data is due at 03:00 (GMT+2). The indicator is prepared by the University of Melbourne and assesses the level of inflation. The growth of the indicator may influence the decision of RBA to increase the interest rate. When the indicator grows it positively influences the rate of AUD, and its fall on the contrary leads to the weakening of the rate.
Markit Services PMI. EU, 10:00 (GMT+2)
EU Markit Services PMI is due at 10:00 (GMT+2). The index shows economic conditions in services sector, and prospects for further development. Values above 50 are perceived as a positive signal and strengthens EUR. Values below 50 are perceived as a negative signal and call for decreasing EUR rate.
Markit Services PMI. USA, 15:45 (GMT+2)
USA Markit Services PMI is due at 15:45 (GMT+2). The index is built upon polls of managers working in services sector to estimate current economic situation in this sector and the prospects of its future development. Values above 50 are perceived as a positive signal and strengthen USD. Values below 50 are perceived as a negative signal and call for decreasing USD rate.
Production Orders. USA, 16:00 (GMT+2)
The data on US production orders is due at 16:00 (GMT+2). The index shows changes in the volumes of orders in the production sector and allows one to assess the growth rate in the production sphere. The growth of the indicator leads to the increase of USD, and its falls puts US dollar under pressure.
Claws and Horns
News of the day. 01.06.2017
AiG Performance of Mfg Index. Australia, 01:30 (GMT+2)
The AiG Performance of Mfg Index is due at 01:30 (GMT+2) in Australia. The index is released by the Australian Industry Group (AiG). The index 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 positive and strengthens the AUD. A reading below 50, on the contrary, is perceived negative and weakens the AUD.
Retail Sales s.a. Australia, 03:30 (GMT+2)
The Retail Sales s.a. (MoM) index is due at 03:30 (GMT+2) in Australia. The MoM index is expected to grow to 0.3% in April from-0.1% in the previous month. The data on retail sales measures the volume of sales in the retail sector. The data is considered an indicator of consumer spending and economic growth. An increase in retail sales strengthens the AUD. A fall in retail sales weakens the AUD.
Gross Domestic Product. Switzerland, 07:45 (GMT+2)
The Gross Domestic Product data are due at 07:45 (GMT+2) in Switzerland. 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.
Markit Manufacturing PMI. Eurozone, 10:00 (GMT+2)
The Markit Manufacturing PMI is due at 10:00 (GMT+2) in Eurozone. The index is expected to tray on the same level of 57 points. The index reflects economic situation in the manufacturing sector and its prospects. A result above 50 point represents favorable state of the sector and can strengthen the EUR. A result below 50 points, on the contrary, is seen as a negative signal and can weaken the EUR.
Markit Manufacturing PMI. United Kingdom, 10:30 (GMT+2)
Markit Manufacturing PMI is due at 10:30 (GMT+2) in the UK. The index is expected to lower to 56.5 points in May from 57.3 points in the previous month. The index reflects economic situation in the manufacturing sector and its prospects. A result above 50 point represents favorable state of the sector and can strengthen the GBP. A result below 50 points, on the contrary, is seen as a negative signal and can weaken the GBP.
ADP Employment Change. USA, 14:15 (GMT+2)
ADP Employment Change publication is due at 14:15 (GMT+2) in the USA. The index is expected to grow to 185K in May from 177K in the previous month. The index represents employment change in non-agricultural sectors. It is based on data from about 500 thousands companies in the US. A high reading strengthens the USD. A low reading and values below expectations weaken the USD.
Initial Jobless Claims. USA, 14:30 (GMT+2)
The Initial Jobless Claims publication is due at 14:30 (GMT+2) in the USA. It represents the number of new unemployment claims and is published weekly on Thursdays. Allows approximating what nonfarm payrolls will be. A fall in the index strengthens the USD. A growth in the index weakens the USD.
ISM Manufacturing PMI. USA, 16:00 (GMT+2)
The ISM Manufacturing PMI is due at 16:00 (GMT+2) in the USA. The index is expected to lower to 54.5 points in May from 54.8 in the previous month. It is 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, 01:30 (GMT+2)
The AiG Performance of Mfg Index is due at 01:30 (GMT+2) in Australia. The index is released by the Australian Industry Group (AiG). The index 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 positive and strengthens the AUD. A reading below 50, on the contrary, is perceived negative and weakens the AUD.
Retail Sales s.a. Australia, 03:30 (GMT+2)
The Retail Sales s.a. (MoM) index is due at 03:30 (GMT+2) in Australia. The MoM index is expected to grow to 0.3% in April from-0.1% in the previous month. The data on retail sales measures the volume of sales in the retail sector. The data is considered an indicator of consumer spending and economic growth. An increase in retail sales strengthens the AUD. A fall in retail sales weakens the AUD.
Gross Domestic Product. Switzerland, 07:45 (GMT+2)
The Gross Domestic Product data are due at 07:45 (GMT+2) in Switzerland. 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.
Markit Manufacturing PMI. Eurozone, 10:00 (GMT+2)
The Markit Manufacturing PMI is due at 10:00 (GMT+2) in Eurozone. The index is expected to tray on the same level of 57 points. The index reflects economic situation in the manufacturing sector and its prospects. A result above 50 point represents favorable state of the sector and can strengthen the EUR. A result below 50 points, on the contrary, is seen as a negative signal and can weaken the EUR.
Markit Manufacturing PMI. United Kingdom, 10:30 (GMT+2)
Markit Manufacturing PMI is due at 10:30 (GMT+2) in the UK. The index is expected to lower to 56.5 points in May from 57.3 points in the previous month. The index reflects economic situation in the manufacturing sector and its prospects. A result above 50 point represents favorable state of the sector and can strengthen the GBP. A result below 50 points, on the contrary, is seen as a negative signal and can weaken the GBP.
ADP Employment Change. USA, 14:15 (GMT+2)
ADP Employment Change publication is due at 14:15 (GMT+2) in the USA. The index is expected to grow to 185K in May from 177K in the previous month. The index represents employment change in non-agricultural sectors. It is based on data from about 500 thousands companies in the US. A high reading strengthens the USD. A low reading and values below expectations weaken the USD.
Initial Jobless Claims. USA, 14:30 (GMT+2)
The Initial Jobless Claims publication is due at 14:30 (GMT+2) in the USA. It represents the number of new unemployment claims and is published weekly on Thursdays. Allows approximating what nonfarm payrolls will be. A fall in the index strengthens the USD. A growth in the index weakens the USD.
ISM Manufacturing PMI. USA, 16:00 (GMT+2)
The ISM Manufacturing PMI is due at 16:00 (GMT+2) in the USA. The index is expected to lower to 54.5 points in May from 54.8 in the previous month. It is 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
News of the day. 30.05.2017
Construction Permits. Australia, 03:30 (GMT+2)
Information about Australian construction permits is due at 03:30 (GMT+2). The indicator is expected to grow to 0.3% in April from -13.4% a month earlier. It shows the number of new issued construction permits. The growth of the indicator shows general improvement of the economy and facilitates the improvement of AUD. The fall of the indicator weakens AUD.
Consumer Confidence. EU, 11:00 (GMT+2)
Consumer Confidence data is due at 11:00 (GMT+2). The indicator is expected to remain unchanged at the level of -3.3 points in May. The indicator shows the level of consumer confidence in the current economic situation. High values are considered a positive signal and support the rate of EUR. Indicators below expectations weaken EUR.
Consumer Price Index. Germany, 14:00 (GMT+2)
The data on the German consumer price index are due at 14:00 (GMT+2). The indicator is expected to fall to 1.7% YoY in March from 2.0% a month earlier. On monthly basis the indicator will remain unchanged at the level of 0.0%. The index shows the changes in household commodity and service prices and is considered the main inflation indicator. The growth of the indicator strengthens EUR, and its fall weakens the currency.
Personal Income. USA, 14:30 (GMT+2)
The data on personal income from the USA is due at 14:30 (GMT+2). The indicator is expected to grow to 0.4% in April from 0.2% a month earlier on a monthly basis. The indicator shows the income of the consumers from different sources. High results strengthen USD, and low ones weaken it. The growth of the indicator shows the readiness of the population to spend money in the current economic situation.
Personal Expenditure. USA, 14:30 (GMT+2)
The data on personal expenditure are due at 14:30 (GMT+2). The indicator is expected to grow to 0.4% in April from 0.0% in the previous month. It reflects changes in the total volume of purchased goods and services. The index consists of three components: service expenditure, durable goods expenditure, and expenditure on the goods with short period of use.
Construction Permits. Australia, 03:30 (GMT+2)
Information about Australian construction permits is due at 03:30 (GMT+2). The indicator is expected to grow to 0.3% in April from -13.4% a month earlier. It shows the number of new issued construction permits. The growth of the indicator shows general improvement of the economy and facilitates the improvement of AUD. The fall of the indicator weakens AUD.
Consumer Confidence. EU, 11:00 (GMT+2)
Consumer Confidence data is due at 11:00 (GMT+2). The indicator is expected to remain unchanged at the level of -3.3 points in May. The indicator shows the level of consumer confidence in the current economic situation. High values are considered a positive signal and support the rate of EUR. Indicators below expectations weaken EUR.
Consumer Price Index. Germany, 14:00 (GMT+2)
The data on the German consumer price index are due at 14:00 (GMT+2). The indicator is expected to fall to 1.7% YoY in March from 2.0% a month earlier. On monthly basis the indicator will remain unchanged at the level of 0.0%. The index shows the changes in household commodity and service prices and is considered the main inflation indicator. The growth of the indicator strengthens EUR, and its fall weakens the currency.
Personal Income. USA, 14:30 (GMT+2)
The data on personal income from the USA is due at 14:30 (GMT+2). The indicator is expected to grow to 0.4% in April from 0.2% a month earlier on a monthly basis. The indicator shows the income of the consumers from different sources. High results strengthen USD, and low ones weaken it. The growth of the indicator shows the readiness of the population to spend money in the current economic situation.
Personal Expenditure. USA, 14:30 (GMT+2)
The data on personal expenditure are due at 14:30 (GMT+2). The indicator is expected to grow to 0.4% in April from 0.0% in the previous month. It reflects changes in the total volume of purchased goods and services. The index consists of three components: service expenditure, durable goods expenditure, and expenditure on the goods with short period of use.
Claws and Horns
News of the day. 26.05.2017
Annual GDP Data. USA, 14:30 (GMT+2)
US annual GDP data are due at 14:30 (GMT+2). The indicator is expected to reduce to 0.9% in Q1 from 0.7% in the previous period. It shows market value of all final goods and services produced in the USA and describes the rate of economic growth or fall. High results strengthen USD, and low ones on the contrary weaken the it.
Demand for Durable Goods. USA, 14:30 (GMT+2)
Data on demand for durable goods in April are due at 14:30 (GMT+2). The index demonstrates changes in the prices for durable goods including vehicles that have been in use for over 3 years. The growth of demand is a positive signal for the economy. The fall of demand indicates slower rate of economic growth. High values strengthen USD.
Annual GDP Data. USA, 14:30 (GMT+2)
US annual GDP data are due at 14:30 (GMT+2). The indicator is expected to reduce to 0.9% in Q1 from 0.7% in the previous period. It shows market value of all final goods and services produced in the USA and describes the rate of economic growth or fall. High results strengthen USD, and low ones on the contrary weaken the it.
Demand for Durable Goods. USA, 14:30 (GMT+2)
Data on demand for durable goods in April are due at 14:30 (GMT+2). The index demonstrates changes in the prices for durable goods including vehicles that have been in use for over 3 years. The growth of demand is a positive signal for the economy. The fall of demand indicates slower rate of economic growth. High values strengthen USD.