Mar.
6, 2009
(Allthingsforex.com)
– In the
week ahead,
traders will
focus on one of
the main gauges
of consumer
spending- the
U.S. Retail
Sales, coupled
with interest
rate
announcements
from the
Reserve Bank of
New Zealand and
the Swiss
National Bank.
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, Mar. 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, a measure of the value of all currency and liquid cash assets held by the public, also at 6:50 pm, ET.
Monday, Mar. 9 will have an early start with the Japanese Eco Watchers Survey of the sentiment of businesses in the services industry, at 12:00 am, ET, followed by the Swiss Unemployment Rate, at 1:45 am, ET.
News from the Euro-zone will bring the closely watched Sentix Investor Confidence Index of the confidence level of investors in the economy, at 4:30 am, ET.
Housing data from Canada will deliver the Canadian Housing Starts, an important measure of new residential construction and housing market activity, at 8:15 am, ET.
The first spotlight event of the week will bring the U.K. Royal Institution of Chartered Surveyors House Price Balance, measuring changes in home prices, at 7:00 pm, ET, along with the BRC- British Retail Consortium Retail Sales Monitor, an important gauge of consumer spending, also at 7:00 pm, ET.
The day will end with the Australian Business Confidence, a measure of the economic sentiment of businesses in the non-farm sector, at 7:30 pm, ET.
Tuesday, Mar. 10 will begin with the Japanese Leading Indicators of economic activity, at 12:00 am, ET, and the German Trade Balance of the difference between imports and exports of goods and services, at 2:00 am, ET.
A spotlight event from the U.K. will follow with the U.K. Industrial Production and Manufacturing Output, measuring the physical output of the nation's factories, mines and utilities, at 4:30 am, ET.
News from the Euro-zone will bring another spotlight event- the Euro-zone PPI- Producer Price Index, the main measure of wholesale inflation experienced by manufacturers and a leading indicator of consumer inflation, at 5:00 am, ET.
The only notable U.S. economic release will be the U.S. Wholesale Trade, measuring the dollar value of sales made and inventories held by merchant wholesalers, at 10:00 am, ET.
The day will conclude with a sequence of important economic data from Japan, “down under”, and the U.K., beginning with the Australian Westpac Melbourne Institute Consumer Sentiment, a measure of consumers’ financial conditions and attitudes about the economy, at 6:30 pm, ET.
News from Japan will bring 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, along with the Japanese Machinery Orders, also at 6:50 pm, ET.
The day will end with another notable event- the monthly estimate of the U.K. GDP- Gross Domestic Product, the main measure of economic activity and growth, at 7:00 pm, ET, followed by the Australian Home Loans, measuring newly-issued home purchase loans, at 7:30 pm, ET.
Wednesday, Mar. 11 will start with the U.K. Trade Balance of the difference between imports and exports of tangible goods and services, at 4:30 am, ET, and the German Manufacturers’ Orders, at 6:00 am, ET.
The U.S. economic data will include the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET, and the U.S. Treasury Budget Balance, a monthly account of the federal government’s budget, at 2:00 pm, ET.
One of the main spotlight events of the week will come from New Zealand with the announcement of the Reserve Bank of New Zealand’s Interest Rate Decision, at 3:00 pm, ET, followed by New Zealand’s Food Price Index of the rate of inflation in food prices and food services, at 4:45 pm, ET.
Another spotlight event- the Japanese GDP- Gross Domestic Product, the main measure of economic activity and growth, will be released at 6:50 pm, ET, followed by the Australian Melbourne Institute Inflation Expectations Index, at 7:00 pm, ET.
The day will end with a spotlight event- the Australian Employment Situation and Unemployment Rate, scheduled at 7:30 pm, ET.
Thursday, Mar. 12 will begin with a spotlight event- the Swiss National Bank Interest Rate Announcement, at 3:30 am, ET.
Notable reports will deliver the European Central Bank’s Bulletin of statistical data on inflation, economic activity and growth, at 4:00 am, ET, followed by the U.K. Inflation Expectations Index, at 4:30 am, ET.
More European news will bring another spotlight event- the Euro-zone Industrial Production, an important gauge of industrial activity, measuring the output of the region’s factories, mines and utilities, at 6:00 am, ET.
The U.S. economic data will bring 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, at 8:30 am, ET.
The U.S. reports 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 conclude with two important releases- New Zealand’s Retail Sales, the main measure of consumer spending, at 4:45 pm, ET, and the Japanese Industrial Production, measuring the physical output of factories, mines and utilities, at 11:30 pm, ET.
Friday, Mar. 13 will start with the Japanese Household Confidence, a measure of consumer sentiment, at 12:00 am, ET, and the Swiss PPI- Producer Price Index, the main measure of wholesale inflation experienced by manufacturers, at 3:15 am, ET.
A spotlight event will bring the Euro-zone Retail Sales, an important measure of consumer spending, at 5:00 am, ET.
Another spotlight event will follow with the release of the Canadian Employment Situation and Unemployment Rate, the main indicators of labor market and economic conditions, due at 7:00 am, ET.
A sequence of trade balance releases will start with the U.S. International Trade Balance of the difference between imports and exports of tangible goods and services, at 8:30 am, ET, and the Canadian Trade Balance, also at 8:30 am, ET.
More U.S. data will bring an important report- the U.S. Import and Export Prices, measuring price changes in products that are traded internationally, at 8:30 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 consumer sentiment 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, Mar. 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, a measure of the value of all currency and liquid cash assets held by the public, also at 6:50 pm, ET.
Monday, Mar. 9 will have an early start with the Japanese Eco Watchers Survey of the sentiment of businesses in the services industry, at 12:00 am, ET, followed by the Swiss Unemployment Rate, at 1:45 am, ET.
News from the Euro-zone will bring the closely watched Sentix Investor Confidence Index of the confidence level of investors in the economy, at 4:30 am, ET.
Housing data from Canada will deliver the Canadian Housing Starts, an important measure of new residential construction and housing market activity, at 8:15 am, ET.
The first spotlight event of the week will bring the U.K. Royal Institution of Chartered Surveyors House Price Balance, measuring changes in home prices, at 7:00 pm, ET, along with the BRC- British Retail Consortium Retail Sales Monitor, an important gauge of consumer spending, also at 7:00 pm, ET.
The day will end with the Australian Business Confidence, a measure of the economic sentiment of businesses in the non-farm sector, at 7:30 pm, ET.
Tuesday, Mar. 10 will begin with the Japanese Leading Indicators of economic activity, at 12:00 am, ET, and the German Trade Balance of the difference between imports and exports of goods and services, at 2:00 am, ET.
A spotlight event from the U.K. will follow with the U.K. Industrial Production and Manufacturing Output, measuring the physical output of the nation's factories, mines and utilities, at 4:30 am, ET.
News from the Euro-zone will bring another spotlight event- the Euro-zone PPI- Producer Price Index, the main measure of wholesale inflation experienced by manufacturers and a leading indicator of consumer inflation, at 5:00 am, ET.
The only notable U.S. economic release will be the U.S. Wholesale Trade, measuring the dollar value of sales made and inventories held by merchant wholesalers, at 10:00 am, ET.
The day will conclude with a sequence of important economic data from Japan, “down under”, and the U.K., beginning with the Australian Westpac Melbourne Institute Consumer Sentiment, a measure of consumers’ financial conditions and attitudes about the economy, at 6:30 pm, ET.
News from Japan will bring 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, along with the Japanese Machinery Orders, also at 6:50 pm, ET.
The day will end with another notable event- the monthly estimate of the U.K. GDP- Gross Domestic Product, the main measure of economic activity and growth, at 7:00 pm, ET, followed by the Australian Home Loans, measuring newly-issued home purchase loans, at 7:30 pm, ET.
Wednesday, Mar. 11 will start with the U.K. Trade Balance of the difference between imports and exports of tangible goods and services, at 4:30 am, ET, and the German Manufacturers’ Orders, at 6:00 am, ET.
The U.S. economic data will include the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET, and the U.S. Treasury Budget Balance, a monthly account of the federal government’s budget, at 2:00 pm, ET.
One of the main spotlight events of the week will come from New Zealand with the announcement of the Reserve Bank of New Zealand’s Interest Rate Decision, at 3:00 pm, ET, followed by New Zealand’s Food Price Index of the rate of inflation in food prices and food services, at 4:45 pm, ET.
Another spotlight event- the Japanese GDP- Gross Domestic Product, the main measure of economic activity and growth, will be released at 6:50 pm, ET, followed by the Australian Melbourne Institute Inflation Expectations Index, at 7:00 pm, ET.
The day will end with a spotlight event- the Australian Employment Situation and Unemployment Rate, scheduled at 7:30 pm, ET.
Thursday, Mar. 12 will begin with a spotlight event- the Swiss National Bank Interest Rate Announcement, at 3:30 am, ET.
Notable reports will deliver the European Central Bank’s Bulletin of statistical data on inflation, economic activity and growth, at 4:00 am, ET, followed by the U.K. Inflation Expectations Index, at 4:30 am, ET.
More European news will bring another spotlight event- the Euro-zone Industrial Production, an important gauge of industrial activity, measuring the output of the region’s factories, mines and utilities, at 6:00 am, ET.
The U.S. economic data will bring 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, at 8:30 am, ET.
The U.S. reports 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 conclude with two important releases- New Zealand’s Retail Sales, the main measure of consumer spending, at 4:45 pm, ET, and the Japanese Industrial Production, measuring the physical output of factories, mines and utilities, at 11:30 pm, ET.
Friday, Mar. 13 will start with the Japanese Household Confidence, a measure of consumer sentiment, at 12:00 am, ET, and the Swiss PPI- Producer Price Index, the main measure of wholesale inflation experienced by manufacturers, at 3:15 am, ET.
A spotlight event will bring the Euro-zone Retail Sales, an important measure of consumer spending, at 5:00 am, ET.
Another spotlight event will follow with the release of the Canadian Employment Situation and Unemployment Rate, the main indicators of labor market and economic conditions, due at 7:00 am, ET.
A sequence of trade balance releases will start with the U.S. International Trade Balance of the difference between imports and exports of tangible goods and services, at 8:30 am, ET, and the Canadian Trade Balance, also at 8:30 am, ET.
More U.S. data will bring an important report- the U.S. Import and Export Prices, measuring price changes in products that are traded internationally, at 8:30 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 consumer sentiment survey of 500 households on their financial conditions and attitudes about the economy, scheduled at 9:55 am, ET.
