Thursday 27 February 2014
Monday 24 February 2014
Monday 3 February 2014
FX weekly Out Look GBP, EURJPY , USDJPY
After reaching the highs of GBPUSD 1.66659 the GBP / USD has
hesitated and is now pulling back
With a bearish engulfing on the daily chart and a pullback
test the GBPUSD falls further at the
beginning of the week on worst number out
from the Manufacturing Purchasing Managers Index
56.7 Actual Consensus 57.0 Previous 57.2
MONDAY:
The Manufacturing Purchasing Managers Index (PMI)
Tuesday:
Halifax HPI: Tuesday, 4th-7th. This housing inflation indicator
is an important gauge of activity in the UK housing industry.
Wednesday
: The British
Retail Consortium (BRC) Shop Price Index measures price changes
in the popular retail outlets in the UK.
Markit
Service PMI captures an overview of the condition of sales and employment.
Thursday
: BoE Interest Rate Decision is announced by the Bank of England. If the
BoE is hawkish about the inflationary outlook of the economy and rises the
interest rates it is positive, or bullish, for the GBP.
Friday:
The Industrial Production released by the National
Statistics measures outputs of the UK factories and mines.
EURJPY
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Monday:
The Monetary Base
PMI Germany Actual ... Cons: 56.3 Previous 54.3
Tuesday:
10.00 The Producer Price Index (PPI) released by the Eurostat
Wednesday:
Jap labour cash Earnings : shows the average income, before taxes, per regular
employee.
Euro
: The Retail Sales released by the Eurostat is a measure of changes in sales of the Euro
zone retail sector.
USDJPY:
1.
Monetary Base: Monday, 23:50. Monetary Base dropped in December to
46.6%, short of the estimate of 55.2%. No significant change is expected in the
upcoming reading, as the Bank of Japan maintains its aggressive monetary policy.
The estimate for the January release stands at 47.2%.
2. The Construction Spending released by the US Census
Bureau is an indicator that
measures the total amount of spending in the US on all types of construction.
3. Actual... Cons: 0.2% Previous 1.0%
4. The Institute for
Supply Management (ISM) Manufacturing
Index shows business conditions in the US manufacturing sector It is a
significant indicator of the overall economic condition in US. Actual
... Cons 56 Previous 57
5. 10-year Bond Auction: Tuesday, 3:45. The average yield on
10-year bonds continues to creep upwards, with the previous yield rising to
0.72%. No change is expected in the January release.
6. The Factory orders released by the US Census
Bureau is a measure of the total
orders of durable and non durable goods
Actual... ONs -1.9% Previous 1.8%
7. Average Cash Earnings: Wednesday, 1:30. This indicator is an
important gauge of consumer spending. The indicator jumped to 0.5% last month,
its biggest gain in almost a year. The markets are expecting the upward trend
to continue, with the January estimate standing at 0.7%.
8.
The ISM Non-Manufacturing
Index released by the15.00 Institute for Supply
Management (ISM) shows business
conditions in the US non-manufacturing sector.
9. Actual ... Cons 53.8 Previous 53.0
10. 30-year Bond Auction: Thursday, 3:45. The average
yield on 30-year bonds has been quite steady, with a yield of 1.67% in
December. No change is expected in the upcoming release.
11. 13.00 The Counting Jobless Claims released by the US Department
of Labor measure the number of individuals who are
unemployed and are currently receiving unemployment benefits. actual
cons - Previous 2.991M
12. Friday: 13.00pm : The Unemployment Rate released by the US Department of Labor is the number of unemployed workers divided by the total
civilian labor force.
13. Actua; ... cons:6.7% Previous 6.7%
14. Leading Indicators: Friday, 5:00. Leading indicators is
based on 11 economic indicators. Still, it is considered a minor event since
most of the data has been previously released. The indicator has been steadily
improving and reached 110.8% last month. Further improvement is expected in the
January reading, with the estimate standing at 111.9%.
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