ForexTicket

Tue, 22 May 2012 07:52:43 +0200

Forex Trade 22 May, Reserve Bank Of New Zealand 2-Year Inflation Expectation, Consumer Price Index

Hello,
today we have some news...

2:00 CNY: Conference Board China April Leading Economic Index

3:00 NZD: Reserve Bank of New Zealand 2-Year Inflation Expectation

5:00 JPY: Supermarket Sales

8:30 GBP: Consumer Price Index
The Consumer Price Index is one of the leading economic gauges to measure the pace of inflation. Simply put, CPI measures the acceleration of price in a fixed basket of goods and services. Higher CPI indicates that prices of the basket as a whole have increased and as such, it costs more of the local currency to buy the same basket of goods. CPI is also broken down to a core level which strips out the volatile components of the index, which usually include food and energy, but this various by country. Usually, central banks pay far greater importance to the core numbers than the headline numbers. Excessive inflation will induce a central bank to consider raising interest rates while falling inflation would give them the flexibility to lower interest rates.
8:30 GBP: Core Consumer Price Index
Because excessive volatility may exist for certain components of CPI, countries may release "Core" CPI figures, which control for the most volatile goods and services. Components excluded from Core CPI usually consist of fresh food and energy, but will vary from country to country. Many countries also release seasonally-adjusted CPI figures, as prices can fluctuate with seasonal regularity.
8:30 GBP: Public Finances

8:30 GBP: Public Sector Net Borrowing

8:30 GBP: Retail Price Index

8:30 GBP: DCLG UK House Prices

8:30 GBP: PSNB ex Interventions

9:00 EUR: EC OECD Economic Outlook

10:15 USD: Fed's Lockhart Speaks on Monetary Policy in Hong Kong

14:00 USD: Existing Home Sales

14:00 USD: Richmond Fed Manufacturing Index

14:00 EUR: Euro-Zone Consumer Confidence
Assessment of consumer sentiment regarding business conditions, employment and personal income. Based on a representative sample of thousands of mail-in surveys. Consumer Confidence levels are generally linked with consumer spending. For instance, when consumer confidence is on the rise consumer spending tends to increase. Low or falling consumer confidence on the other hand is typically associated with decreased spending and consumer demand.
22:00 JPY: Bank of Japan Rate Decision

23:50 JPY: Adjusted Merchandise Trade Balance
A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.
23:50 JPY: Merchandise Trade Balance Total
A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.
23:50 JPY: Merchandise Trade Exports

23:50 JPY: Merchandise Trade Imports

And some trades:

Posted Image GBP/USD - British Pound / US Dollar
Entry: 1.5825
Stop: 1.5855
Resistances: 1.593 - 1.589 - 1.584
Supports: 1.57 - 1.573 - 1.5785

Posted Image AUD/USD - Australian dollar / US Dollar
Entry: 0.991
Stop: 0.988
Resistances: 1.0015 - 0.996 - 0.992
Supports: 0.98 - 0.986 - 0.989

Posted Image USD/CAD - US Dollar / Canadian Dollar
Entry: 1.0155
Stop: 1.018
Resistances: 1.0245 - 1.0205 - 1.018
Supports: 1.0055 - 1.0105 - 1.0145

Posted Image GBP/JPY - British Pound / Yen
Entry: 125.7
Stop: 126.2
Resistances: 127.15 - 126.3 - 125.8
Supports: 124.6 - 125.1 - 125.45

Posted Image EUR/USD - Euro / US Dollar
Resistances: 1.291 - 1.287 - 1.2825
Supports: 1.27 - 1.2735 - 1.278

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