Claws and Horns
News of the day. 8.11.2016
Trade Balance. China, 04:00 (GMT+2)
At 04:00 (GMT+2) data on the trade balance will be published. It is predicted that the surplus of the balance will rise to 51.7 billion in October from 41.989 billion dollars a month earlier. The indicator represents the difference between imports and exports of goods and services in monetary terms. A positive indicator value indicates a trade surplus, i.e., export predominance over import. A negative number indicates a deficit and shows a predominance of imports over exports. Increasing exports has a positive effect on China's economy. The high value is positive for the CNY. Low value, on the contrary, is a negative factor for the CNY.
Unemployment Rate. Switzerland, 08:45 (GMT+2)
At 08:45 (GMT+2) data on the unemployment rate in October will be published in Switzerland. The indicator shows the percentage of the unemployed among the total number of able-bodied citizens of Switzerland. The growth rate shows a slowdown of the economy. Higher values of this indicator weaken CHF. Low values strengthen national currency.
Trade Balance. Germany, 09:00 (GMT+2)
At 09:00 (GMT+2) data on the trade balance of Germany will be published. It is expected that the surplus of the balance will rise to 22.4 billion euros in September from 22.2 billion euros a month earlier. The indicator represents the difference between imports and exports of goods and services in monetary terms. A positive value indicates a trade surplus, i.e., export predominance over import. A negative number indicates a deficit and shows the predominance of imports over exports. The increase in exports has a positive effect on the German economy. High value contribute to the strengthening of EUR. Low values weaken the EUR.
Estimation of GDP growth NIESR. UK, 17:00 (GMT+2)
At 17:00 (GMT+2) estimate of GDP growth for the quarter will be published by the NIESR. This is a report of the National Institute of Economic and Social Research (NIESR). It keeps track of the dynamics of the UK economy over the past 3 months. Report results can influence the monetary policy of the country. The high value of the results supports the national currency; low, on the contrary, exerts pressure.
Trade Balance. China, 04:00 (GMT+2)
At 04:00 (GMT+2) data on the trade balance will be published. It is predicted that the surplus of the balance will rise to 51.7 billion in October from 41.989 billion dollars a month earlier. The indicator represents the difference between imports and exports of goods and services in monetary terms. A positive indicator value indicates a trade surplus, i.e., export predominance over import. A negative number indicates a deficit and shows a predominance of imports over exports. Increasing exports has a positive effect on China's economy. The high value is positive for the CNY. Low value, on the contrary, is a negative factor for the CNY.
Unemployment Rate. Switzerland, 08:45 (GMT+2)
At 08:45 (GMT+2) data on the unemployment rate in October will be published in Switzerland. The indicator shows the percentage of the unemployed among the total number of able-bodied citizens of Switzerland. The growth rate shows a slowdown of the economy. Higher values of this indicator weaken CHF. Low values strengthen national currency.
Trade Balance. Germany, 09:00 (GMT+2)
At 09:00 (GMT+2) data on the trade balance of Germany will be published. It is expected that the surplus of the balance will rise to 22.4 billion euros in September from 22.2 billion euros a month earlier. The indicator represents the difference between imports and exports of goods and services in monetary terms. A positive value indicates a trade surplus, i.e., export predominance over import. A negative number indicates a deficit and shows the predominance of imports over exports. The increase in exports has a positive effect on the German economy. High value contribute to the strengthening of EUR. Low values weaken the EUR.
Estimation of GDP growth NIESR. UK, 17:00 (GMT+2)
At 17:00 (GMT+2) estimate of GDP growth for the quarter will be published by the NIESR. This is a report of the National Institute of Economic and Social Research (NIESR). It keeps track of the dynamics of the UK economy over the past 3 months. Report results can influence the monetary policy of the country. The high value of the results supports the national currency; low, on the contrary, exerts pressure.
Claws and Horns
News of the day. 7.11.2016
Consumer Price Index. Switzerland, 13:15 (GMT+2)
At 13:15 (GMT+2) index of consumer prices for October will be published in Switzerland. The index reflects the change in prices of goods and services to households and is considered the main indicator of inflation. The growth of the index strengthens CHF, decrease – weakens.
The index of conditions in the labor market. USA, 19:00 (GMT+2)
At 19:00 (GMT+2) index of conditions in the labor market for October will be published in the US. The index was developed by economists of the Fed and is composed of 19 different indicators describing the labor market. This index is one of the key indicators of economic development of the USA. The high value of the index has a positive effect on the rate of USD, low value – negative effect.
Consumer Credits. USA, 22:00 (GMT+2)
At 22:00 (GMT+2) the dynamics of consumer lending volumes will be published in the US for September. The indicator shows the change in the volume of outstanding consumer loans in the United States. The high value of the index has a positive impact on the exchange rate USD, low value – negative effect. Sometimes, a high value can indicate a situation of "overconsumption" when consumers borrow more than is objectively necessary for the normal standard of living.
Consumer Price Index. Switzerland, 13:15 (GMT+2)
At 13:15 (GMT+2) index of consumer prices for October will be published in Switzerland. The index reflects the change in prices of goods and services to households and is considered the main indicator of inflation. The growth of the index strengthens CHF, decrease – weakens.
The index of conditions in the labor market. USA, 19:00 (GMT+2)
At 19:00 (GMT+2) index of conditions in the labor market for October will be published in the US. The index was developed by economists of the Fed and is composed of 19 different indicators describing the labor market. This index is one of the key indicators of economic development of the USA. The high value of the index has a positive effect on the rate of USD, low value – negative effect.
Consumer Credits. USA, 22:00 (GMT+2)
At 22:00 (GMT+2) the dynamics of consumer lending volumes will be published in the US for September. The indicator shows the change in the volume of outstanding consumer loans in the United States. The high value of the index has a positive impact on the exchange rate USD, low value – negative effect. Sometimes, a high value can indicate a situation of "overconsumption" when consumers borrow more than is objectively necessary for the normal standard of living.
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Claws and Horns
News of the day. 4.11.2016
RBA Monetary Policy Statement. Australia, 06:30 (GMT + 2)
At 06:30 (GMT + 2) comments from Reserve Bank of Australia on its monetary policy will be released. Comments provide an overview of the current economic situation and the factors that influenced the choice of a particular course of monetary policy. Comments affect future interest rate decision the RBA.
Producer Price Index, YoY. EC, 15:00 (GMT + 2)
At 15:00 (GMT + 2) the index of producer prices will be published. It is predicted that the index will decline from -2.1% to -1.8% YoY. The index shows the change in prices of goods produced in the Eurozone. The growth usually strengthens EUR. The decline weakens European currency.
Non-Farm Payrolls (NFPR). USA, 17:30 (GMT + 2)
At 17:30 (GMT + 2) the data on the number of new jobs in non-agricultural sector will be published. It is predicted that the figure will rise to 175K from 156K in October. Non-Farm Payrolls (NFPR) is one of the main indicators of employment in the United States, it shows the number of wage earners outside agriculture and has a strong impact on the market. A high result indicates employment growth and strengthens the USD. Poor results weaken national currency.
Unemployment Rate. Canada, 17:30 (GMT + 2)
At 17:30 (GMT + 2) the data on the unemployment rate will be published. It is predicted, that the rate will remain unchanged at 7%. The indicator shows the percentage of unemployed people among the total number of able-bodied citizens. The growth of the rate shows a slowdown in economic growth and weakens the CAD. The decline, in contrast, is a positive signal for the economy and strengthens the CAD.
Net Change in Employment. Canada, 17:30 (GMT + 2)
At 17:30 (GMT + 2) the data on changes in the number of employees will be published. It is expected, that in October the indicator will decline by 10K, while the previous month it rose by 67,2K. The indicator shows the change in the number of employed people. The growth of the rate indicates the growth of the economy and strengthens the CAD, the decline of the rate weakens national currency.
RBA Monetary Policy Statement. Australia, 06:30 (GMT + 2)
At 06:30 (GMT + 2) comments from Reserve Bank of Australia on its monetary policy will be released. Comments provide an overview of the current economic situation and the factors that influenced the choice of a particular course of monetary policy. Comments affect future interest rate decision the RBA.
Producer Price Index, YoY. EC, 15:00 (GMT + 2)
At 15:00 (GMT + 2) the index of producer prices will be published. It is predicted that the index will decline from -2.1% to -1.8% YoY. The index shows the change in prices of goods produced in the Eurozone. The growth usually strengthens EUR. The decline weakens European currency.
Non-Farm Payrolls (NFPR). USA, 17:30 (GMT + 2)
At 17:30 (GMT + 2) the data on the number of new jobs in non-agricultural sector will be published. It is predicted that the figure will rise to 175K from 156K in October. Non-Farm Payrolls (NFPR) is one of the main indicators of employment in the United States, it shows the number of wage earners outside agriculture and has a strong impact on the market. A high result indicates employment growth and strengthens the USD. Poor results weaken national currency.
Unemployment Rate. Canada, 17:30 (GMT + 2)
At 17:30 (GMT + 2) the data on the unemployment rate will be published. It is predicted, that the rate will remain unchanged at 7%. The indicator shows the percentage of unemployed people among the total number of able-bodied citizens. The growth of the rate shows a slowdown in economic growth and weakens the CAD. The decline, in contrast, is a positive signal for the economy and strengthens the CAD.
Net Change in Employment. Canada, 17:30 (GMT + 2)
At 17:30 (GMT + 2) the data on changes in the number of employees will be published. It is expected, that in October the indicator will decline by 10K, while the previous month it rose by 67,2K. The indicator shows the change in the number of employed people. The growth of the rate indicates the growth of the economy and strengthens the CAD, the decline of the rate weakens national currency.
Claws and Horns
News of the day. 03.11.2016
Trade Balance. Australia, 2:30 am
Data on the Trade Balance for September is due in Australia at 2:30 am (GMT+2). Australia’s trade deficit is expected to narrow from 2 010 to 1 700 million. 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.
Unemployment Rate. EU, 12:00 pm
Data on the unemployment rate in the eurozone for September is due at 12 pm (GMT+2). The indicator is expected to fall from 10.1% to 10.0%. It is the percentage of the total labour force that are currently unemployed. A growth in the indicator suggests a slowdown of economic growth. A high reading pressures the EUR. A low reading, on the contrary, strengthens the EUR.
BoE Interest Rate Decision. UK, 2:00 pm
The Bank of England announces its decision on the interest rate. The indicator is expected to be kept at 0.25%. Depending on the current economic situation and the level of inflation, the Bank of England makes its decision on the interest rate. A rate increase strengthens the GBP. If the rate remains unchanged or gets cut, the GBP weakens.
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 remain unchanged at 258 000. The number of new unemployment claims. The 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.
BOE's Governor Carney speech
At 2:30 pm (GMT+2), Mark Carney, Bank of England Governor, is giving his commentaries regarding current economic conditions in the country.
Factory Orders. US, 5:00 pm
Data on the Factory Orders for September is due in the US at 5:00 pm (GMT+2). Factory orders are expected to remain unchanged at 0.2%. The indicator represents the change in the volume of factory orders and allows estimating the pace of growth of the industrial sector. A growth in the indicator strengthens the USD. A fall in the indicator pressures the USD.
Trade Balance. Australia, 2:30 am
Data on the Trade Balance for September is due in Australia at 2:30 am (GMT+2). Australia’s trade deficit is expected to narrow from 2 010 to 1 700 million. 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.
Unemployment Rate. EU, 12:00 pm
Data on the unemployment rate in the eurozone for September is due at 12 pm (GMT+2). The indicator is expected to fall from 10.1% to 10.0%. It is the percentage of the total labour force that are currently unemployed. A growth in the indicator suggests a slowdown of economic growth. A high reading pressures the EUR. A low reading, on the contrary, strengthens the EUR.
BoE Interest Rate Decision. UK, 2:00 pm
The Bank of England announces its decision on the interest rate. The indicator is expected to be kept at 0.25%. Depending on the current economic situation and the level of inflation, the Bank of England makes its decision on the interest rate. A rate increase strengthens the GBP. If the rate remains unchanged or gets cut, the GBP weakens.
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 remain unchanged at 258 000. The number of new unemployment claims. The 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.
BOE's Governor Carney speech
At 2:30 pm (GMT+2), Mark Carney, Bank of England Governor, is giving his commentaries regarding current economic conditions in the country.
Factory Orders. US, 5:00 pm
Data on the Factory Orders for September is due in the US at 5:00 pm (GMT+2). Factory orders are expected to remain unchanged at 0.2%. The indicator represents the change in the volume of factory orders and allows estimating the pace of growth of the industrial sector. A growth in the indicator strengthens the USD. A fall in the indicator pressures the USD.
Claws and Horns
News of the day. 2.11.2016
Markit Manufacturing PMI. EU, 09:00 (GMT+2)
At 09:00 (GMT+2), the index of business activity in the manufacturing sector will be published by Markit. It is predicted that the rate will remain unchanged at the level of 53.3 points in October. The index reflects the economic conditions in the manufacturing sector, as well as prospects for its development. Readings above 50 are seen as a positive signal and strengthen EUR. A value below 50, on the contrary, is a negative signal and exerts pressure on the rate EUR.
PMI Construction. UK, 11:30 (GMT+2)
At 11:30 (GMT+2) PMI will be published in the construction sector. It is expected that in October the index will decrease to 51.8 points from 52.3 points a month earlier. The index evaluates the state of the construction sector. It 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 positive and strengthens the GBP. A reading below 50 is perceived negative and weakens the GBP.
US Fed's decision on interest rates. USA, 20:00 (GMT+2)
At 20:00 (GMT+2) Fed's decision on US interest rates will be announced. An important economic indicator. It has an impact on the level of interest rates of commercial banks and the exchange rate of US dollar. A rate increase strengthens the USD, the decrease – weakens the USD.
Markit Manufacturing PMI. EU, 09:00 (GMT+2)
At 09:00 (GMT+2), the index of business activity in the manufacturing sector will be published by Markit. It is predicted that the rate will remain unchanged at the level of 53.3 points in October. The index reflects the economic conditions in the manufacturing sector, as well as prospects for its development. Readings above 50 are seen as a positive signal and strengthen EUR. A value below 50, on the contrary, is a negative signal and exerts pressure on the rate EUR.
PMI Construction. UK, 11:30 (GMT+2)
At 11:30 (GMT+2) PMI will be published in the construction sector. It is expected that in October the index will decrease to 51.8 points from 52.3 points a month earlier. The index evaluates the state of the construction sector. It 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 positive and strengthens the GBP. A reading below 50 is perceived negative and weakens the GBP.
US Fed's decision on interest rates. USA, 20:00 (GMT+2)
At 20:00 (GMT+2) Fed's decision on US interest rates will be announced. An important economic indicator. It has an impact on the level of interest rates of commercial banks and the exchange rate of US dollar. A rate increase strengthens the USD, the decrease – weakens the USD.
Claws and Horns
News of the day. 1.11.2016
Caixin Manufacturing PMI. China, 3:45 am
The Caixin Manufacturing PMI for October is due in China at 3:45 am (GMT+2). The indicator is expected to grow from 50.1 to 50.2 points. The index represents the current state of the manufacturing sector. A reading above 50 is perceived as positive for the Chinese economy. A reading below 50 is perceived as negative.
BoJ Interest Rate Decision. Japan, 5:00 am
The Bank of Japan announces its decision on the interest rate at 5:00 am (GMT+2). A rate increase strengthens the JPY, while a decrease weakens the JPY.
RBA Interest Rate Decision. Australia, 5:30 am
The Reserve Bank of Australia announces its decision on the interest rate at 5:30 am (GMT+2). A rate increase strengthens the AUD. If the rate remains unchanged or gets cut, the AUD weakens.
Real Retail Sales. Switzerland, 10:15 am
Data on the Real Retail Sales for October is due in Switzerland at 10:15 am (GMT+2). The indicator represents the change in the volume of retail sales. It is one of the indicators of consumer confidence. 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 as a negative factor for the economy. A high reading strengthens the CHF. A low reading weakens the CHF.
ISM Prices Paid. US, 4:00 pm
Data on the ISM Prices Paid for October is due in the US at 4:00 pm (GMT+2). The indicator is expected to grow from 53 to 54 points. The index is based on surveys of executives of manufacturing companies and represents current economic conditions in the manufacturing sector.
ISM Manufacturing PMI. US, 5:00 pm
Data on the ISM Manufacturing PMI for October is due in the US at 5:00 pm (GMT+2). The indicator is expected to remain unchanged at 51.5 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.
Unemployment Rate. New Zealand, 11:45 pm
Data on the Unemployment Rate for the third quarter is due in New Zealand at 11:45 pm (GMT+2). It is one of the major indicators of the labour market. The unemployment rate represents a percentage of the total labour force of the country which are currently unemployed. A growth in the indicator is considered as a negative factor and weakens the NZD. A fall in the indicator, on the contrary, is considered as a positive factor and strengthens the NZD.
Caixin Manufacturing PMI. China, 3:45 am
The Caixin Manufacturing PMI for October is due in China at 3:45 am (GMT+2). The indicator is expected to grow from 50.1 to 50.2 points. The index represents the current state of the manufacturing sector. A reading above 50 is perceived as positive for the Chinese economy. A reading below 50 is perceived as negative.
BoJ Interest Rate Decision. Japan, 5:00 am
The Bank of Japan announces its decision on the interest rate at 5:00 am (GMT+2). A rate increase strengthens the JPY, while a decrease weakens the JPY.
RBA Interest Rate Decision. Australia, 5:30 am
The Reserve Bank of Australia announces its decision on the interest rate at 5:30 am (GMT+2). A rate increase strengthens the AUD. If the rate remains unchanged or gets cut, the AUD weakens.
Real Retail Sales. Switzerland, 10:15 am
Data on the Real Retail Sales for October is due in Switzerland at 10:15 am (GMT+2). The indicator represents the change in the volume of retail sales. It is one of the indicators of consumer confidence. 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 as a negative factor for the economy. A high reading strengthens the CHF. A low reading weakens the CHF.
ISM Prices Paid. US, 4:00 pm
Data on the ISM Prices Paid for October is due in the US at 4:00 pm (GMT+2). The indicator is expected to grow from 53 to 54 points. The index is based on surveys of executives of manufacturing companies and represents current economic conditions in the manufacturing sector.
ISM Manufacturing PMI. US, 5:00 pm
Data on the ISM Manufacturing PMI for October is due in the US at 5:00 pm (GMT+2). The indicator is expected to remain unchanged at 51.5 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.
Unemployment Rate. New Zealand, 11:45 pm
Data on the Unemployment Rate for the third quarter is due in New Zealand at 11:45 pm (GMT+2). It is one of the major indicators of the labour market. The unemployment rate represents a percentage of the total labour force of the country which are currently unemployed. A growth in the indicator is considered as a negative factor and weakens the NZD. A fall in the indicator, on the contrary, is considered as a positive factor and strengthens the NZD.
Claws and Horns
News of the day. 31.10.2016
TD Securities Inflation. Australia, 1:30 am
Data on the TD Securities Inflation for October is due in Australia at 1:30 am (GMT+2). The indicator is released by Melbourne Institute and represents the change in inflation. A growth in inflation can result in RBA’s decision to raise interest rates. A growth in the indicator strengthens the AUD. A fall in the indicator, on the contrary, weakens the AUD.
Retail Trade. Japan, 1:50 am
Data on the Retail Trade for September is due in Japan at 1:50 am (GMT+2). The indicator represents the change in the volume of sales at large retailers. A growth in the indicator suggests a growth in consumption and has a positive impact on the economy. A fall in the indicator is seen as a negative factor for the economy. A high reading strengthens the JPY. A low reading weakens the JPY.
Industrial Production. Japan, 1:50 am
Data on the Industrial Production for September is due in Japan at 1:50 am (GMT+2). The indicator represents the change in Japan’s industrial output. It is one of the major indicators of the state of the national economy. A growth in the indicator strengthens the JPY. A fall in the indicator pressures the JPY.
Gross Domestic Product. EU, 12:00 pm
Data on the eurozone’s GDP for the third quarter is due at 12:00 pm (GMT+2). The indicator represents the value of all goods and services produced by the eurozone in a time period. A high reading strengthens the EUR. A low reading pressures the EUR.
Consumer Price Index. EU, 12:00 pm
Data on the eurozone’s Consumer Price Index for October is due at 12:00 pm (GMT+2). It is the key indicator of inflation which 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 pressures the EUR.
Personal Income. US, 2:30 pm
Data on the Personal Income for September is due in the US at 2:30 pm (GMT+2). The indicator is expected to grow from 0.2% to 0.4% in monthly terms. The index represents the change in the income of individuals from various sources. A high reading strengthens the USD. A low reading weakens the USD. A growth in the index suggests consumers are ready to spend money in current economic conditions.
Personal Spending. US, 2:30 pm
Data on the Personal Spending for September is due in the US at 2:30 pm (GMT+2). The indicator is expected to grow from 0.0% to 0.4% in monthly terms. The index includes spending on services, durable goods and nondurable goods.
TD Securities Inflation. Australia, 1:30 am
Data on the TD Securities Inflation for October is due in Australia at 1:30 am (GMT+2). The indicator is released by Melbourne Institute and represents the change in inflation. A growth in inflation can result in RBA’s decision to raise interest rates. A growth in the indicator strengthens the AUD. A fall in the indicator, on the contrary, weakens the AUD.
Retail Trade. Japan, 1:50 am
Data on the Retail Trade for September is due in Japan at 1:50 am (GMT+2). The indicator represents the change in the volume of sales at large retailers. A growth in the indicator suggests a growth in consumption and has a positive impact on the economy. A fall in the indicator is seen as a negative factor for the economy. A high reading strengthens the JPY. A low reading weakens the JPY.
Industrial Production. Japan, 1:50 am
Data on the Industrial Production for September is due in Japan at 1:50 am (GMT+2). The indicator represents the change in Japan’s industrial output. It is one of the major indicators of the state of the national economy. A growth in the indicator strengthens the JPY. A fall in the indicator pressures the JPY.
Gross Domestic Product. EU, 12:00 pm
Data on the eurozone’s GDP for the third quarter is due at 12:00 pm (GMT+2). The indicator represents the value of all goods and services produced by the eurozone in a time period. A high reading strengthens the EUR. A low reading pressures the EUR.
Consumer Price Index. EU, 12:00 pm
Data on the eurozone’s Consumer Price Index for October is due at 12:00 pm (GMT+2). It is the key indicator of inflation which 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 pressures the EUR.
Personal Income. US, 2:30 pm
Data on the Personal Income for September is due in the US at 2:30 pm (GMT+2). The indicator is expected to grow from 0.2% to 0.4% in monthly terms. The index represents the change in the income of individuals from various sources. A high reading strengthens the USD. A low reading weakens the USD. A growth in the index suggests consumers are ready to spend money in current economic conditions.
Personal Spending. US, 2:30 pm
Data on the Personal Spending for September is due in the US at 2:30 pm (GMT+2). The indicator is expected to grow from 0.0% to 0.4% in monthly terms. The index includes spending on services, durable goods and nondurable goods.
Claws and Horns
News of the day. 28.10.2016
KOF Leading Indicator. Switzerland, 9:00 am
The KOF Leading Indicator for October is due in Switzerland at 9:00 am (GMT+2). The indicator is expected to grow from 101.3 to 101.8 points.
Consumer Price Index. Germany, 2:00 pm
Data on the Consumer Price Index for October is due in Germany at 2:00 pm (GMT+2). The indicator is expected to remain unchanged at 0.7% (YoY). 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.
Gross Domestic Product Annualized. US, 2:30 pm
Data on the Gross Domestic Product Annualized for the third quarter is due in the US at 2:30 pm (GMT+2). The indicator is expected to grow from 1.4% to 2.7%. The index represents the total value of goods and services created in the country during the year and is considered the indicator of the pace of economic growth/decline. A high reading strengthens the USD. A low reading weakens the USD.
Personal Consumption Expenditures Prices. US, 2:30 pm
Data on the Personal Consumption Expenditures Prices for the third quarter is due in the US at 2:30 pm (GMT+2). The indicator is expected to fall from 2.0% to 1.3%. The index represents the change in prices for consumer goods and services and is considered an indicator of consumer trends and inflation in the US. A growth in the index strengthens the USD. A fall in the index weakens the USD.
KOF Leading Indicator. Switzerland, 9:00 am
The KOF Leading Indicator for October is due in Switzerland at 9:00 am (GMT+2). The indicator is expected to grow from 101.3 to 101.8 points.
Consumer Price Index. Germany, 2:00 pm
Data on the Consumer Price Index for October is due in Germany at 2:00 pm (GMT+2). The indicator is expected to remain unchanged at 0.7% (YoY). 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.
Gross Domestic Product Annualized. US, 2:30 pm
Data on the Gross Domestic Product Annualized for the third quarter is due in the US at 2:30 pm (GMT+2). The indicator is expected to grow from 1.4% to 2.7%. The index represents the total value of goods and services created in the country during the year and is considered the indicator of the pace of economic growth/decline. A high reading strengthens the USD. A low reading weakens the USD.
Personal Consumption Expenditures Prices. US, 2:30 pm
Data on the Personal Consumption Expenditures Prices for the third quarter is due in the US at 2:30 pm (GMT+2). The indicator is expected to fall from 2.0% to 1.3%. The index represents the change in prices for consumer goods and services and is considered an indicator of consumer trends and inflation in the US. A growth in the index strengthens the USD. A fall in the index weakens the USD.
Claws and Horns
News of the day. 27.10.2016
Gross Domestic Product. UK, 10:30 am
Data on the Gross Domestic Product for the third quarter is due in the UK at 10:30 am (GMT+2). The pace of UK’s economic growth is projected to slow down from 0.7% to 0.3% in quarterly terms and to remain unchanged at 2.1% in annual terms. The indicator represents the total value of all goods and services created in the UK during a period. It is the indicator of the pace of a growth/decline of the economy. A high reading strengthens the GBP. A low reading 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 fall from 260 000 to 255 000. The indicator represents the number of new unemployment claims. The data is published weekly on Thursdays and allows approximating what the Nonfarm Payrolls will be. A fall in the index strengthens the USD. A growth in the index weakens the USD.
Durable Goods Orders. US, 2:30 pm
Data on the Durable Goods Orders for September is due in the US at 2:30 pm (GMT+2). The indicator is expected to grow from 0.0% to 0.1%. The data represents the value change for durable goods (including transportations), which last for more than 3 years. A growth in orders for durable goods is considered positive for the economy. A fall in orders for durable goods represents a slowdown of the economy. A high reading strengthens the USD.
Gross Domestic Product. UK, 10:30 am
Data on the Gross Domestic Product for the third quarter is due in the UK at 10:30 am (GMT+2). The pace of UK’s economic growth is projected to slow down from 0.7% to 0.3% in quarterly terms and to remain unchanged at 2.1% in annual terms. The indicator represents the total value of all goods and services created in the UK during a period. It is the indicator of the pace of a growth/decline of the economy. A high reading strengthens the GBP. A low reading 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 fall from 260 000 to 255 000. The indicator represents the number of new unemployment claims. The data is published weekly on Thursdays and allows approximating what the Nonfarm Payrolls will be. A fall in the index strengthens the USD. A growth in the index weakens the USD.
Durable Goods Orders. US, 2:30 pm
Data on the Durable Goods Orders for September is due in the US at 2:30 pm (GMT+2). The indicator is expected to grow from 0.0% to 0.1%. The data represents the value change for durable goods (including transportations), which last for more than 3 years. A growth in orders for durable goods is considered positive for the economy. A fall in orders for durable goods represents a slowdown of the economy. A high reading strengthens the USD.
Claws and Horns
News of the day. 26.10.2016
Consumer Price Index. Australia, 2:30 am
Data on the Consumer Price Index for the third quarter is due in Australia at 2:30 am (GMT+2). The indicator is expected to grow from 1.0% to 1.1% in annual terms and to remain unchanged at 0.4% in quarterly terms. The index represents changes in the value of the basket of goods and services. A growth in the indicator strengthens the AUD. A fall in the indicator weakens the AUD.
Markit Services PMI. US, 3:45 pm
Data on the Markit Services PMI for October is due in the US at 3:45 pm (GMT+2). The indicator is expected to grow from 52.3 to 52.4 points. The index is based on surveys of executives of the companies operating in the service sector regarding their opinion on economic conditions in the sector. A reading above 50 is perceived as positive and strengthens the USD. A reading below 50 is perceived as negative and weakens the USD.
Trade Balance. New Zealand, 11:45 pm
Data on New Zealand’s Trade Balance for September is due at 11:45 pm (GMT+2). The index represents the difference between the value of exports and imports. Positive values imply the balance is in surplus and strengthen the NZD. Negative values indicate the balance deficit and weaken the NZD.
Consumer Price Index. Australia, 2:30 am
Data on the Consumer Price Index for the third quarter is due in Australia at 2:30 am (GMT+2). The indicator is expected to grow from 1.0% to 1.1% in annual terms and to remain unchanged at 0.4% in quarterly terms. The index represents changes in the value of the basket of goods and services. A growth in the indicator strengthens the AUD. A fall in the indicator weakens the AUD.
Markit Services PMI. US, 3:45 pm
Data on the Markit Services PMI for October is due in the US at 3:45 pm (GMT+2). The indicator is expected to grow from 52.3 to 52.4 points. The index is based on surveys of executives of the companies operating in the service sector regarding their opinion on economic conditions in the sector. A reading above 50 is perceived as positive and strengthens the USD. A reading below 50 is perceived as negative and weakens the USD.
Trade Balance. New Zealand, 11:45 pm
Data on New Zealand’s Trade Balance for September is due at 11:45 pm (GMT+2). The index represents the difference between the value of exports and imports. Positive values imply the balance is in surplus and strengthen the NZD. Negative values indicate the balance deficit and weaken the NZD.