July
24, 2009
(Allthingsforex.com)
– The
U.S. GDP,
Durable Goods
Orders and
corporate
earnings,
coupled with
inflation
reports from
Japan and the
Euro-zone, will
add more pieces
to the global
economic
recovery
puzzle.
In preparation for the new trading week, here is a look at the most important economic events that every currency trader should pay attention to.
Sunday, July 26 will start the trading session with the Japanese CSPI- Corporate Services Price Index, a measure of inflation experienced by corporations when purchasing services, at 7:50 pm, ET.
Monday, July 27 will begin with the German Gfk Group Consumer Climate Survey, an early indicator of current economic conditions and consumer expectations, at 2:00 am, ET.
News from the Euro-zone will bring the Euro-zone M3 Money Supply, the European Central Bank's broadest measure of money supply growth, at 4:00 am, ET.
The first spotlight event of the week- the U.S. New Home Sales, a gauge of housing market conditions measuring the number of newly constructed homes with a committed sale during the previous month, will be released at 10:00 am, ET.
The day will conclude with several notable reports from “down under”, beginning with the New Zealand Trade Balance of the difference between imported and exported goods and services, at 6:45 pm, ET.
The Australian Leading Indicators of economic activity, at 8:00 pm, ET, and the Australian Business Confidence Survey of the sentiment and outlook of businesses on current and future economic conditions, at 9:30 pm, ET, will wrap up the day.
Tuesday, July 28 will start with the Swiss Consumption Indicator of consumer spending, at 2:00 am, ET.
Important report from the U.K. will bring the CBI- Confederation of British Industry Distributive Trades Survey of realized sales made by retailers and wholesalers, scheduled at 6:00 am, ET.
The U.S. economic data will begin with the S&P/Case-Shiller National Home Price Index of the monthly changes in the average price of single-family homes in 20 metropolitan areas, at 9:00 am, ET.
A spotlight event will follow with the release of the U.S. Consumer Confidence Index of consumer attitudes on present economic conditions and expectations of future conditions, at 10:00 am, ET, along with the Richmond Fed Index of manufacturing activity in the Richmond Federal Reserve district, also at 10:00 am, ET.
The day will end with two notable economic releases- the Japanese Retail Sales, the main measure of consumer spending, at 7:50 pm, ET, and the New Zealand Business Confidence Survey of the sentiment and outlook of businesses on current and future economic conditions, at 11:00 pm, ET.
Wednesday, July 29 will begin with the preliminary estimate of the German CPI- Consumer Price Index, the main measure of inflation in the Euro-zone’s largest economy, expected around 2:00 am, ET.
A leading indicator of the U.K. housing market- the Bank of England’s Mortgage Approvals Report, measuring the number of issued home loans, will be released at 4:30 am, ET, along with the U.K. Consumer Lending, a measure of newly issued consumer credit, also at 4:30 am, ET.
The U.S economic data will bring a spotlight event- the U.S. Durable Goods Orders, a leading indicator of economic activity, measuring orders placed with domestic manufacturers for immediate and future delivery of factory hard goods, at 8:30 am, ET, followed by the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.
Another important U.S. economic release that day will be the Fed’s Beige Book, a comprehensive report on economic conditions based on data and anecdotal evidence gathered from each of the 12 Federal Reserve districts, at 2:00 pm, ET.
One of the main spotlight events of the week will come from New Zealand with the Reserve Bank of New Zealand’s Interest Rate Announcement, at 5:00 pm, ET.
The day will end with another spotlight event- the preliminary estimate of the Japanese Industrial Production, the main gauge of industrial activity measuring the physical output of the nation's factories, mines and utilities, at 7:50 pm, ET, followed by the Australian Building Approvals, a leading indicator of housing market conditions, at 9:30 pm, ET.
Thursday, July 30 will start with the German Retail Sales, the main gauge of consumer spending, expected around 2:00 am, ET, and the German Unemployment Rate, at 3:55 am, ET.
A spotlight event will bring the Euro-zone Consumer Confidence, a measure of consumers’ outlook on economic conditions, at 5:00 am, ET.
News from Canada will deliver a notable economic report- the Canadian IPPI- Industrial Product Price Index and RMPI- Raw Materials Price Index, the main measures of inflation experienced by manufacturers, at 8:30 am, ET.
The U.S economic releases will include the weekly Jobless Claims, a gauge of labor market conditions measuring new unemployment claims, at 8:30 am, ET, and the EIA- Energy Information Administration Natural Gas Inventories, at 10:30 am, ET.
Later that evening, the U.K. Consumer Confidence, a survey of consumers’ outlook on economic conditions, will be released at 7:00 pm, ET.
A major spotlight event- the Japanese CPI- Consumer Price Index, the main measure of inflation, will hit the newswires at 7:30 pm, ET, along with the Japanese Unemployment Rate and Household Spending, also at 7:30 pm, ET.
The day will end with another spotlight event- the Australian TD Securities Melbourne Institute Inflation Gauge, a measure of consumer inflation used as a leading monthly indicator of the main gauge of inflation, the quarterly released CPI- Consumer Price Index, scheduled at 8:30 pm, ET.
Friday, July 31 will begin with the Japanese Housing Starts, a leading indicator of housing market activity measuring construction of new residential properties, at 1:00 am, ET.
News from the Euro-zone will bring a spotlight event- the Euro-zone Flash HICP- Harmonized Index of Consumer Prices, a preliminary flash estimate of 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 Unemployment Rate, also at 5:00 am.
Another spotlight event- the Canadian GDP- Gross Domestic Product, the main gauge of economic activity and growth, will be released at 8:30 am, ET.
The U.S. economic data will deliver one of the major spotlight events of the week- the U.S. GDP- Gross Domestic Product, the main measure of economic activity and growth in the world’s largest economy, at 8:30 am, ET.
The trading week will conclude with the U.S. Employment Cost Index, a measure of total employee compensation costs, including wages, salaries and benefits, at 8:30 am, ET, and the National Association of Purchasing Management – Chicago Index of economic conditions in the Chicago area, at 9:45 am, ET.
In preparation for the new trading week, here is a look at the most important economic events that every currency trader should pay attention to.
Sunday, July 26 will start the trading session with the Japanese CSPI- Corporate Services Price Index, a measure of inflation experienced by corporations when purchasing services, at 7:50 pm, ET.
Monday, July 27 will begin with the German Gfk Group Consumer Climate Survey, an early indicator of current economic conditions and consumer expectations, at 2:00 am, ET.
News from the Euro-zone will bring the Euro-zone M3 Money Supply, the European Central Bank's broadest measure of money supply growth, at 4:00 am, ET.
The first spotlight event of the week- the U.S. New Home Sales, a gauge of housing market conditions measuring the number of newly constructed homes with a committed sale during the previous month, will be released at 10:00 am, ET.
The day will conclude with several notable reports from “down under”, beginning with the New Zealand Trade Balance of the difference between imported and exported goods and services, at 6:45 pm, ET.
The Australian Leading Indicators of economic activity, at 8:00 pm, ET, and the Australian Business Confidence Survey of the sentiment and outlook of businesses on current and future economic conditions, at 9:30 pm, ET, will wrap up the day.
Tuesday, July 28 will start with the Swiss Consumption Indicator of consumer spending, at 2:00 am, ET.
Important report from the U.K. will bring the CBI- Confederation of British Industry Distributive Trades Survey of realized sales made by retailers and wholesalers, scheduled at 6:00 am, ET.
The U.S. economic data will begin with the S&P/Case-Shiller National Home Price Index of the monthly changes in the average price of single-family homes in 20 metropolitan areas, at 9:00 am, ET.
A spotlight event will follow with the release of the U.S. Consumer Confidence Index of consumer attitudes on present economic conditions and expectations of future conditions, at 10:00 am, ET, along with the Richmond Fed Index of manufacturing activity in the Richmond Federal Reserve district, also at 10:00 am, ET.
The day will end with two notable economic releases- the Japanese Retail Sales, the main measure of consumer spending, at 7:50 pm, ET, and the New Zealand Business Confidence Survey of the sentiment and outlook of businesses on current and future economic conditions, at 11:00 pm, ET.
Wednesday, July 29 will begin with the preliminary estimate of the German CPI- Consumer Price Index, the main measure of inflation in the Euro-zone’s largest economy, expected around 2:00 am, ET.
A leading indicator of the U.K. housing market- the Bank of England’s Mortgage Approvals Report, measuring the number of issued home loans, will be released at 4:30 am, ET, along with the U.K. Consumer Lending, a measure of newly issued consumer credit, also at 4:30 am, ET.
The U.S economic data will bring a spotlight event- the U.S. Durable Goods Orders, a leading indicator of economic activity, measuring orders placed with domestic manufacturers for immediate and future delivery of factory hard goods, at 8:30 am, ET, followed by the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.
Another important U.S. economic release that day will be the Fed’s Beige Book, a comprehensive report on economic conditions based on data and anecdotal evidence gathered from each of the 12 Federal Reserve districts, at 2:00 pm, ET.
One of the main spotlight events of the week will come from New Zealand with the Reserve Bank of New Zealand’s Interest Rate Announcement, at 5:00 pm, ET.
The day will end with another spotlight event- the preliminary estimate of the Japanese Industrial Production, the main gauge of industrial activity measuring the physical output of the nation's factories, mines and utilities, at 7:50 pm, ET, followed by the Australian Building Approvals, a leading indicator of housing market conditions, at 9:30 pm, ET.
Thursday, July 30 will start with the German Retail Sales, the main gauge of consumer spending, expected around 2:00 am, ET, and the German Unemployment Rate, at 3:55 am, ET.
A spotlight event will bring the Euro-zone Consumer Confidence, a measure of consumers’ outlook on economic conditions, at 5:00 am, ET.
News from Canada will deliver a notable economic report- the Canadian IPPI- Industrial Product Price Index and RMPI- Raw Materials Price Index, the main measures of inflation experienced by manufacturers, at 8:30 am, ET.
The U.S economic releases will include the weekly Jobless Claims, a gauge of labor market conditions measuring new unemployment claims, at 8:30 am, ET, and the EIA- Energy Information Administration Natural Gas Inventories, at 10:30 am, ET.
Later that evening, the U.K. Consumer Confidence, a survey of consumers’ outlook on economic conditions, will be released at 7:00 pm, ET.
A major spotlight event- the Japanese CPI- Consumer Price Index, the main measure of inflation, will hit the newswires at 7:30 pm, ET, along with the Japanese Unemployment Rate and Household Spending, also at 7:30 pm, ET.
The day will end with another spotlight event- the Australian TD Securities Melbourne Institute Inflation Gauge, a measure of consumer inflation used as a leading monthly indicator of the main gauge of inflation, the quarterly released CPI- Consumer Price Index, scheduled at 8:30 pm, ET.
Friday, July 31 will begin with the Japanese Housing Starts, a leading indicator of housing market activity measuring construction of new residential properties, at 1:00 am, ET.
News from the Euro-zone will bring a spotlight event- the Euro-zone Flash HICP- Harmonized Index of Consumer Prices, a preliminary flash estimate of 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 Unemployment Rate, also at 5:00 am.
Another spotlight event- the Canadian GDP- Gross Domestic Product, the main gauge of economic activity and growth, will be released at 8:30 am, ET.
The U.S. economic data will deliver one of the major spotlight events of the week- the U.S. GDP- Gross Domestic Product, the main measure of economic activity and growth in the world’s largest economy, at 8:30 am, ET.
The trading week will conclude with the U.S. Employment Cost Index, a measure of total employee compensation costs, including wages, salaries and benefits, at 8:30 am, ET, and the National Association of Purchasing Management – Chicago Index of economic conditions in the Chicago area, at 9:45 am, ET.
