Feb.
6, 2009
(Allthingsforex.com)
– With
the U.S. Retail
Sales and
Consumer
Sentiment
survey
scheduled for
release in the
week ahead,
traders will
focus on the
main gauges of
consumer
spending and
sentiment.
In preparation for the new trading week, here is a quick look at the most important economic events that every currency trader should pay attention to.
Sunday, Feb. 8 will begin the trading session with the Japanese Current Account of goods, services and transfer of payments into and out of the country, at 6:50 pm, ET, along with the Japanese Money Supply, Bank Lending, and Machinery Orders, also at 6:50 pm, ET.
Monday, Feb. 9 will have an early start with the Japanese Eco Watchers Index, a survey of the economic sentiment of workers, at 12:00 am, ET, and the Japanese Machine Tool Orders, at 1:00 am, ET, followed by the German Trade Balance of the difference between imported and exported goods and services, at 2:00 am, ET.
News from the Euro-zone will bring the closely watched Sentix Investor Confidence Index of the confidence level of investors in the Euro-zone’s economy, at 4:30 am, ET.
Important housing data from Canada will deliver the Canadian Housing Starts, a measure of new residential construction, at 8:15 am, ET.
The day will end with the first spotlight event of the week- the U.K. RICS- Royal Institution of Chartered Surveyors House Price Balance, a measure of changes in home prices, at 7:00 pm, ET, along with the U.K. BRC- British Retail Consortium Retail Sales Monitor, an important gauge of consumer spending, also at 7:00 pm, ET, followed by the Australian Business Confidence of small and large companies in the economy, at 7:30 pm, ET.
Tuesday, Feb. 10 will begin with the Japanese Household Confidence, a survey of the economic sentiment of households, at 12:00 am, ET, and the French Industrial Production in the Euro-zone’s second-largest economy, at 2:45 am, ET.
A spotlight event will come with the Swiss CPI- Consumer Price Index, the main measure of inflation, at 3:15 am, ET, followed by The U.K. Trade Balance of the difference between imported and exported goods and services, at 4:30 am, ET, along with the U.K. Leading Indicators of economic conditions, also at 4:30 am, ET.
The only U.S. economic report for the day will be the U.S. Wholesale Trade, a measure of sales made and inventories held by merchant wholesalers, at 10:00 am, ET.
The day will end with a spotlight event- the Australian Consumer Sentiment, a survey of consumers’ financial conditions and attitudes about the economy, at 6:30 pm, ET, followed by the Australian Home Loans, measuring the total number of issued home loans, at 7:30 pm, ET.
Wednesday, Feb. 11 will start with the German CPI- Consumer Price Index, the main gauge of inflation in the Euro-zone’s largest economy, at 2:00 am, ET.
A spotlight event will follow with the release of the U.K. Jobless Claims, measuring the number of people claiming unemployment, the U.K. Unemployment Rate, and Average Earnings, scheduled at 4:30 am, ET.
More U.K. news will bring a report that will be watched closely- the Bank of England’s Inflation Report, containing detailed analysis and future estimates for inflation in the U.K., at 5:30 am, ET.
Data from Canada will include the Canadian New Housing Price Index, measuring the changes in prices of new residential construction, at 8:30 am, ET, and the Canadian Trade Balance, also at 8:30 am, ET.
The U.S. economic releases will begin a spotlight event- the U.S. International Trade Balance of the difference between imported and exported goods and services, at 8:30 am, ET, followed by the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET, and the U.S. Treasury Budget, a monthly account of the surplus or deficit of the federal government, at 2:00 pm, ET.
News from New Zealand will bring the Index of Manufacturing Activity, at 4:30 pm, ET, and New Zealand’s Food Price Index of inflation in prices of food and food services, at 4:45 pm, ET.
The day will conclude with several important economic reports- the Japanese CGPI- Corporate Goods Price Index, an equivalent to a PPI- Producers Price Index as a measure of inflation experienced by manufacturers, at 6:50 pm, ET, and the Australian Inflation Expectations Survey of consumers’ expectations for inflation, at 7:00 pm, ET.
The day will end with a spotlight event- the Australian Employment Change and Unemployment Rate, indicators of labor market conditions, jobs creation and employment trends, scheduled at 7:30 pm, ET.
Thursday, Feb. 12 will begin with the Swiss Consumer Climate survey of consumer confidence, at 1:45 am, ET, followed by the European Central Bank’s Bulletin of statistical data on inflation, economic activity and growth, at 4:00 am, ET.
More European data will bring a spotlight event- the Euro-zone Industrial Production of the region’s factories, mines, and utilities, at 5:00 am, ET.
The main spotlight event of the week- the U.S. Retail Sales, an important gauge of consumer spending, measuring the total receipts at stores that sell durable and nondurable goods, will hit the newswires at 8:30 am, ET.
The U.S. releases will continue with the Weekly Jobless Claims, at 8:30 am, ET, and the U.S. Business Inventories held by manufacturers, wholesalers, and retailers, at 10:00 am, ET.
The day will end with another spotlight event- the New Zealand Retail Sales, an important gauge of consumer spending, measuring the total receipts at stores that sell durable and nondurable goods, at 4:45 pm, ET.
Friday, Feb. 13 will start with the preliminary estimate of the German GDP- Gross Domestic Product, the main measure of economic activity and growth in the Euro-zone’s largest economy, at 2:00 am, ET, and the Swiss PPI- Producers Price Index, the main measure of inflation experienced by manufacturers, at 3:15 am, ET.
A spotlight event will follow with the flash estimate of the Euro-zone GDP- Gross Domestic Product, the main measure of economic activity and growth, at 5:00 am, ET.
The trading week will end with another spotlight event- the preliminary estimate of the U.S. Consumer Sentiment, the University of Michigan's monthly survey of 500 households on their financial conditions and attitudes about the economy, scheduled at 9:55 am, ET.
In preparation for the new trading week, here is a quick look at the most important economic events that every currency trader should pay attention to.
Sunday, Feb. 8 will begin the trading session with the Japanese Current Account of goods, services and transfer of payments into and out of the country, at 6:50 pm, ET, along with the Japanese Money Supply, Bank Lending, and Machinery Orders, also at 6:50 pm, ET.
Monday, Feb. 9 will have an early start with the Japanese Eco Watchers Index, a survey of the economic sentiment of workers, at 12:00 am, ET, and the Japanese Machine Tool Orders, at 1:00 am, ET, followed by the German Trade Balance of the difference between imported and exported goods and services, at 2:00 am, ET.
News from the Euro-zone will bring the closely watched Sentix Investor Confidence Index of the confidence level of investors in the Euro-zone’s economy, at 4:30 am, ET.
Important housing data from Canada will deliver the Canadian Housing Starts, a measure of new residential construction, at 8:15 am, ET.
The day will end with the first spotlight event of the week- the U.K. RICS- Royal Institution of Chartered Surveyors House Price Balance, a measure of changes in home prices, at 7:00 pm, ET, along with the U.K. BRC- British Retail Consortium Retail Sales Monitor, an important gauge of consumer spending, also at 7:00 pm, ET, followed by the Australian Business Confidence of small and large companies in the economy, at 7:30 pm, ET.
Tuesday, Feb. 10 will begin with the Japanese Household Confidence, a survey of the economic sentiment of households, at 12:00 am, ET, and the French Industrial Production in the Euro-zone’s second-largest economy, at 2:45 am, ET.
A spotlight event will come with the Swiss CPI- Consumer Price Index, the main measure of inflation, at 3:15 am, ET, followed by The U.K. Trade Balance of the difference between imported and exported goods and services, at 4:30 am, ET, along with the U.K. Leading Indicators of economic conditions, also at 4:30 am, ET.
The only U.S. economic report for the day will be the U.S. Wholesale Trade, a measure of sales made and inventories held by merchant wholesalers, at 10:00 am, ET.
The day will end with a spotlight event- the Australian Consumer Sentiment, a survey of consumers’ financial conditions and attitudes about the economy, at 6:30 pm, ET, followed by the Australian Home Loans, measuring the total number of issued home loans, at 7:30 pm, ET.
Wednesday, Feb. 11 will start with the German CPI- Consumer Price Index, the main gauge of inflation in the Euro-zone’s largest economy, at 2:00 am, ET.
A spotlight event will follow with the release of the U.K. Jobless Claims, measuring the number of people claiming unemployment, the U.K. Unemployment Rate, and Average Earnings, scheduled at 4:30 am, ET.
More U.K. news will bring a report that will be watched closely- the Bank of England’s Inflation Report, containing detailed analysis and future estimates for inflation in the U.K., at 5:30 am, ET.
Data from Canada will include the Canadian New Housing Price Index, measuring the changes in prices of new residential construction, at 8:30 am, ET, and the Canadian Trade Balance, also at 8:30 am, ET.
The U.S. economic releases will begin a spotlight event- the U.S. International Trade Balance of the difference between imported and exported goods and services, at 8:30 am, ET, followed by the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET, and the U.S. Treasury Budget, a monthly account of the surplus or deficit of the federal government, at 2:00 pm, ET.
News from New Zealand will bring the Index of Manufacturing Activity, at 4:30 pm, ET, and New Zealand’s Food Price Index of inflation in prices of food and food services, at 4:45 pm, ET.
The day will conclude with several important economic reports- the Japanese CGPI- Corporate Goods Price Index, an equivalent to a PPI- Producers Price Index as a measure of inflation experienced by manufacturers, at 6:50 pm, ET, and the Australian Inflation Expectations Survey of consumers’ expectations for inflation, at 7:00 pm, ET.
The day will end with a spotlight event- the Australian Employment Change and Unemployment Rate, indicators of labor market conditions, jobs creation and employment trends, scheduled at 7:30 pm, ET.
Thursday, Feb. 12 will begin with the Swiss Consumer Climate survey of consumer confidence, at 1:45 am, ET, followed by the European Central Bank’s Bulletin of statistical data on inflation, economic activity and growth, at 4:00 am, ET.
More European data will bring a spotlight event- the Euro-zone Industrial Production of the region’s factories, mines, and utilities, at 5:00 am, ET.
The main spotlight event of the week- the U.S. Retail Sales, an important gauge of consumer spending, measuring the total receipts at stores that sell durable and nondurable goods, will hit the newswires at 8:30 am, ET.
The U.S. releases will continue with the Weekly Jobless Claims, at 8:30 am, ET, and the U.S. Business Inventories held by manufacturers, wholesalers, and retailers, at 10:00 am, ET.
The day will end with another spotlight event- the New Zealand Retail Sales, an important gauge of consumer spending, measuring the total receipts at stores that sell durable and nondurable goods, at 4:45 pm, ET.
Friday, Feb. 13 will start with the preliminary estimate of the German GDP- Gross Domestic Product, the main measure of economic activity and growth in the Euro-zone’s largest economy, at 2:00 am, ET, and the Swiss PPI- Producers Price Index, the main measure of inflation experienced by manufacturers, at 3:15 am, ET.
A spotlight event will follow with the flash estimate of the Euro-zone GDP- Gross Domestic Product, the main measure of economic activity and growth, at 5:00 am, ET.
The trading week will end with another spotlight event- the preliminary estimate of the U.S. Consumer Sentiment, the University of Michigan's monthly survey of 500 households on their financial conditions and attitudes about the economy, scheduled at 9:55 am, ET.
