May
8, 2009
(Allthingsforex.com)
– With a
number of
industrial
activity and
inflation
indexes due
from major
economies
around the
globe, traders
will continue
to look for
signs of global
economic
recovery in the
week ahead.
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, May 10 will begin the trading session with the Australian Business Confidence Survey on the economic outlook of businesses, at 9:30 pm, ET.
Monday, May 11 will start with the German Wholesale Price Index, a gauge of inflation in wholesale goods, at 2:00 am, ET, and the French Industrial Production, the main gauge of industrial activity in the Euro-zone’s second largest economy, at 2:45 am, ET.
News from Canada will bring the National Housing Price Index, a measure of changes in home prices, at 8:30 am, ET.
The day will conclude with three important reports- the U.K. RICS- Royal Institution of Chartered Surveyors House Price Balance of changes in home prices, at 7:00 pm, ET, and the British Retail Consortium Retail Sales Monitor, measuring weekly changes in retail sales, also at 7:00 pm, ET, followed by the Australian Home Loans, a leading indicator of housing market conditions measuring the number of issued loans for home purchases, at 9:30 pm, ET.
Tuesday, May 12 will begin with the Japanese Leading Indicators of economic activity, at 1:00 am, ET, and the German CPI- Consumer Price Index, the main measure of inflation in the Euro-zone’s largest economy, at 2:00 am, ET.
The U.K. economic reports will bring the first spotlight event of the week- the U.K. Industrial Production and Manufacturing Output, the main gauge of industrial activity measuring the physical output of factories, mines and utilities, at 4:30 am, ET, along with U.K. Trade Balance of the difference between imported and exported goods and services, at 4:30 am, ET, and the U.K. Department for Communities and Local Government House Price Index, a measure of the U.K. housing market conditions and home price changes, also at 4:30 am, ET.
Another spotlight event will come with the release of the U.S. International Trade Balance of the difference between imports and exports of tangible goods and services, at 8:30 am, ET, along with the Canadian Trade Balance, also at 8:30 am, ET.
The U.S. economic data will continue with the Federal Budget Balance, a U.S. Treasury statement of income and spending by the government, scheduled at 2:00 pm, ET.
Later that evening, the Reserve Bank of New Zealand’s Financial Stability Report on monetary policy, inflation and economic conditions, will be released at 5:00 pm, ET, followed by the U.K. National Institute of Economic and Social Research GDP- Gross Domestic Product Estimate of the main measure of economic activity and growth in the U.K., at 7:00 pm, ET.
The day will end with the Japanese Current Account of goods, services and transfer of payments into and out of the country, at 7:50 pm, ET, and the Australian Consumer Sentiment Survey of consumers’ outlook on the economy, at 8:30 pm, ET.
Wednesday, May 13 will start with the Japanese Eco Watchers Survey of economic conditions and consumer spending, at 12:00 am, ET.
A sequence of spotlight events will begin with the release of the U.K. Jobless Claims, Unemployment Rate and Average Earnings, important gauges of labor market conditions, all scheduled at 4:30 am, ET.
Another spotlight event- the Euro-zone Industrial Production, the main measure of industrial activity and the physical output of factories, mines and utilities will come at 5:00 am, ET.
More U.K. news will bring the closely watched Bank of England Inflation Report, containing detailed analysis and future estimates for inflation in the U.K., at 5:30 am, ET.
The U.S. economic data will deliver one of the most important spotlight events for the week- the U.S. Retail Sales, the main gauge of consumer spending, measuring the total receipts at stores that sell durable and nondurable goods, due at 8:30 am, ET, along with the U.S. Import and Export Price indexes of price changes in domestic and foreign-produces goods, also at 8:30 am, ET.
More U.S. economic reports will include the U.S. Business Inventories, a measure of the total amount of inventories held by manufacturers, wholesalers, and retailers, at 10:00 am, ET, and the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.
The day will end with New Zealand’s Manufacturing Index of activity in the manufacturing sector of the economy, at 6:30 am, ET, and the Australian Melbourne Institute Inflation Expectations survey on consumers’ expectations of future inflation, at 9:30 pm, ET.
Thursday, May 14 will begin with two important economic reports- the Swiss PPI- Producers Price Index, the main measure of wholesale inflation experienced by manufacturers, at 3:15 am, ET, and the European Central Bank’s Monthly Bulletin on monetary policy, inflation and economic conditions in the Euro-zone, at 4:00 am, ET.
The U.S. releases will bring a spotlight event- the U.S. PPI- Producers Price Index, the main measure of wholesale inflation experienced by manufacturers and a leading indicator of consumer inflation, at 8:30 am, ET, along with the U.S. Weekly Jobless Claims, also at 8:30 am, ET.
The day will conclude with two notable economic releases- the New Zealand Retail Sales, the main gauge of consumer spending, measuring the total receipts at stores that sell durable and nondurable goods, at 6:45 pm, ET, and the Japanese CGPI- Corporate Goods Price Index, an equivalent to a PPI- Producers Price Index as a measure of inflation experienced by manufacturers, at 7:50 pm, ET.
Friday, May 15 will be the busiest trading session of the week, filled with important economic data, starting with the German GDP- Gross Domestic Product Estimate of the main measure of economic activity and growth, at 2:00 am, ET, and the Swiss Retail Sales, the main measure of consumer spending, at 3:15 am, ET.
More European news will deliver a major spotlight event- the Euro-zone HICP- Harmonized Index of Consumer Prices, the main measure of inflation in the Euro-zone and the European equivalent to the CPI- Consumer Price Index, at 5:00 am, ET, along with the Euro-zone GDP- Gross Domestic Product Flash Estimate of the main measure of economic activity and growth, also at 5:00 am, ET.
The U.S. economic data will bring a sequence of spotlight events, beginning with the U.S. CPI- Consumer Price Index, the main measure of inflation in the world’s largest economy, at 8:30 am, ET, along with the Empire State Manufacturing Survey of manufacturing conditions in the state of New York, also at 8:30 am, ET.
The U.S. economic reports will continue with the U.S. TIC- Treasury International Capital, a measure of the attractiveness of the U.S. Dollar, tracking the flows of financial instruments into and out of the United States, at 9:00 am, ET.
A major spotlight event will follow with the release of the U.S. Industrial Production and Capacity Utilization, the main gauge of industrial activity measuring the physical output of factories, mines and utilities, at 9:15 am, ET.
The busy 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 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, May 10 will begin the trading session with the Australian Business Confidence Survey on the economic outlook of businesses, at 9:30 pm, ET.
Monday, May 11 will start with the German Wholesale Price Index, a gauge of inflation in wholesale goods, at 2:00 am, ET, and the French Industrial Production, the main gauge of industrial activity in the Euro-zone’s second largest economy, at 2:45 am, ET.
News from Canada will bring the National Housing Price Index, a measure of changes in home prices, at 8:30 am, ET.
The day will conclude with three important reports- the U.K. RICS- Royal Institution of Chartered Surveyors House Price Balance of changes in home prices, at 7:00 pm, ET, and the British Retail Consortium Retail Sales Monitor, measuring weekly changes in retail sales, also at 7:00 pm, ET, followed by the Australian Home Loans, a leading indicator of housing market conditions measuring the number of issued loans for home purchases, at 9:30 pm, ET.
Tuesday, May 12 will begin with the Japanese Leading Indicators of economic activity, at 1:00 am, ET, and the German CPI- Consumer Price Index, the main measure of inflation in the Euro-zone’s largest economy, at 2:00 am, ET.
The U.K. economic reports will bring the first spotlight event of the week- the U.K. Industrial Production and Manufacturing Output, the main gauge of industrial activity measuring the physical output of factories, mines and utilities, at 4:30 am, ET, along with U.K. Trade Balance of the difference between imported and exported goods and services, at 4:30 am, ET, and the U.K. Department for Communities and Local Government House Price Index, a measure of the U.K. housing market conditions and home price changes, also at 4:30 am, ET.
Another spotlight event will come with the release of the U.S. International Trade Balance of the difference between imports and exports of tangible goods and services, at 8:30 am, ET, along with the Canadian Trade Balance, also at 8:30 am, ET.
The U.S. economic data will continue with the Federal Budget Balance, a U.S. Treasury statement of income and spending by the government, scheduled at 2:00 pm, ET.
Later that evening, the Reserve Bank of New Zealand’s Financial Stability Report on monetary policy, inflation and economic conditions, will be released at 5:00 pm, ET, followed by the U.K. National Institute of Economic and Social Research GDP- Gross Domestic Product Estimate of the main measure of economic activity and growth in the U.K., at 7:00 pm, ET.
The day will end with the Japanese Current Account of goods, services and transfer of payments into and out of the country, at 7:50 pm, ET, and the Australian Consumer Sentiment Survey of consumers’ outlook on the economy, at 8:30 pm, ET.
Wednesday, May 13 will start with the Japanese Eco Watchers Survey of economic conditions and consumer spending, at 12:00 am, ET.
A sequence of spotlight events will begin with the release of the U.K. Jobless Claims, Unemployment Rate and Average Earnings, important gauges of labor market conditions, all scheduled at 4:30 am, ET.
Another spotlight event- the Euro-zone Industrial Production, the main measure of industrial activity and the physical output of factories, mines and utilities will come at 5:00 am, ET.
More U.K. news will bring the closely watched Bank of England Inflation Report, containing detailed analysis and future estimates for inflation in the U.K., at 5:30 am, ET.
The U.S. economic data will deliver one of the most important spotlight events for the week- the U.S. Retail Sales, the main gauge of consumer spending, measuring the total receipts at stores that sell durable and nondurable goods, due at 8:30 am, ET, along with the U.S. Import and Export Price indexes of price changes in domestic and foreign-produces goods, also at 8:30 am, ET.
More U.S. economic reports will include the U.S. Business Inventories, a measure of the total amount of inventories held by manufacturers, wholesalers, and retailers, at 10:00 am, ET, and the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.
The day will end with New Zealand’s Manufacturing Index of activity in the manufacturing sector of the economy, at 6:30 am, ET, and the Australian Melbourne Institute Inflation Expectations survey on consumers’ expectations of future inflation, at 9:30 pm, ET.
Thursday, May 14 will begin with two important economic reports- the Swiss PPI- Producers Price Index, the main measure of wholesale inflation experienced by manufacturers, at 3:15 am, ET, and the European Central Bank’s Monthly Bulletin on monetary policy, inflation and economic conditions in the Euro-zone, at 4:00 am, ET.
The U.S. releases will bring a spotlight event- the U.S. PPI- Producers Price Index, the main measure of wholesale inflation experienced by manufacturers and a leading indicator of consumer inflation, at 8:30 am, ET, along with the U.S. Weekly Jobless Claims, also at 8:30 am, ET.
The day will conclude with two notable economic releases- the New Zealand Retail Sales, the main gauge of consumer spending, measuring the total receipts at stores that sell durable and nondurable goods, at 6:45 pm, ET, and the Japanese CGPI- Corporate Goods Price Index, an equivalent to a PPI- Producers Price Index as a measure of inflation experienced by manufacturers, at 7:50 pm, ET.
Friday, May 15 will be the busiest trading session of the week, filled with important economic data, starting with the German GDP- Gross Domestic Product Estimate of the main measure of economic activity and growth, at 2:00 am, ET, and the Swiss Retail Sales, the main measure of consumer spending, at 3:15 am, ET.
More European news will deliver a major spotlight event- the Euro-zone HICP- Harmonized Index of Consumer Prices, the main measure of inflation in the Euro-zone and the European equivalent to the CPI- Consumer Price Index, at 5:00 am, ET, along with the Euro-zone GDP- Gross Domestic Product Flash Estimate of the main measure of economic activity and growth, also at 5:00 am, ET.
The U.S. economic data will bring a sequence of spotlight events, beginning with the U.S. CPI- Consumer Price Index, the main measure of inflation in the world’s largest economy, at 8:30 am, ET, along with the Empire State Manufacturing Survey of manufacturing conditions in the state of New York, also at 8:30 am, ET.
The U.S. economic reports will continue with the U.S. TIC- Treasury International Capital, a measure of the attractiveness of the U.S. Dollar, tracking the flows of financial instruments into and out of the United States, at 9:00 am, ET.
A major spotlight event will follow with the release of the U.S. Industrial Production and Capacity Utilization, the main gauge of industrial activity measuring the physical output of factories, mines and utilities, at 9:15 am, ET.
The busy 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 financial conditions and attitudes about the economy, scheduled at 9:55 am, ET.
