ForexTicket

Thu, 31 May 2012 07:09:08 +0200

Forex Trade 31 May, Gross Domestic Product, German May Unemployment Data Released By Federal Labor Agency

Hello,
today we have some news...

1:00 NZD: NBNZ Activity Outlook

1:00 NZD: NBNZ Business Confidence

1:30 JPY: Labor Cash Earnings

1:30 AUD: Private Capital Expenditure

1:30 AUD: Private Sector Credit

1:30 AUD: Building Approvals

3:00 NZD: Money Supply M3

4:00 JPY: Vehicle Production

5:00 JPY: Annualized Housing Starts

5:00 JPY: Housing Starts

5:00 JPY: Construction Orders

5:45 CHF: Gross Domestic Product
Measures the value of goods and services produced with in a country . GDP is the most comprehensive overall measure of economic output and provides key insight as to the driving forces of the economy.
6:00 GBP: Nationwide House Prices

6:00 EUR: German Retail Sales
Measures changes in sales of the German retail sector. Given that consumption makes up a significant portion of German GDP, the Retail Sales figure can act as an indicator of domestic demand. High or rising Retail Sales may spur German consumption, translating into economic growth. However, uncontrolled growth runs the risk of inflationary pressures. Since Germany is a large part of the Euro-zone, German figures may have some impact on the market.
7:55 EUR: German May Unemployment Data Released by Federal Labor Agency

7:55 EUR: German Unemployment Change

7:55 EUR: German Unemployment Rate
The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.
9:00 EUR: Euro-Zone Consumer Price Index Estimate
CPI is the key gauge for inflation in the Euro Zone. Inflation, simply put, is a decline in the purchasing power of the Euro, where each Euro buys fewer goods and services due to higher consumer prices. The index tracks changes in the price of a basket of goods and services that a typical household might purchase. When the CPI is high, it indicates that significant inflationary pressures exist in Euro Zone economies. This puts pressure on the European Central Bank to raise interest rates. When CPI comes out lower than expected the ECB is expected to lower interest rates, or keep them lower, to encourage economic growth. As a rule, the Bank adjusts rates in order to keep Europe consumer price inflation in the 0 to 2 percent range.
11:30 USD: Challenger Job Cuts

12:00 USD: Fed's Pianalto Speaks on Monetary Policy in Cleveland

12:00 USD: RBC Consumer Outlook Index

12:15 USD: ADP Employment Change

12:30 USD: Gross Domestic Product Price Index
Measures changes in the prices of goods and services that are included in US GDP. The GDP Price Index is an indicator for inflation calculated by comparing the current GDP to GDP in the reference year. A high or rising GDP Price Index, like other indicators of inflation, puts pressure on the Federal Reserve to raise interest rates.
12:30 USD: Gross Domestic Product
Measures the value of goods and services produced with in a country . GDP is the most comprehensive overall measure of economic output and provides key insight as to the driving forces of the economy.
12:30 USD: Personal Consumption

12:30 USD: Core Personal Consumption Expenditure

12:30 USD: Initial Jobless Claims

12:30 USD: Continuing Claims

12:30 CAD: Current Account

13:45 USD: Chicago Purchasing Manager

14:00 USD: NAPM-Milwaukee

14:30 USD: EIA Natural Gas Storage Change

15:00 USD: DOE Cushing OK Crude Inventory

15:00 USD: DOE U.S. Crude Oil Inventories

15:00 USD: DOE U.S. Distillate Inventory

15:00 USD: DOE U.S. Gasoline Inventories

22:00 USD: ICSC Chain Store Sales

22:00 JPY: Official Reserve Assets

22:45 NZD: Terms of Trade Index

23:30 AUD: AiG Performance of Manufacturing Index

23:50 JPY: Capital Spending

23:50 JPY: Capital Spending excl Software

And some trades:

Posted Image EUR/USD - Euro / US Dollar
Entry: 1.2385
Stop: 1.242
Resistances: 1.2455 - 1.241 - 1.239
Supports: 1.2265 - 1.2315 - 1.2355

Posted Image GBP/USD - British Pound / US Dollar
Entry: 1.5475
Stop: 1.551
Resistances: 1.56 - 1.554 - 1.5495
Supports: 1.537 - 1.542 - 1.546

Posted Image USD/CHF - US Dollar / Swiss Franc
Entry: 0.969
Stop: 0.967
Resistances: 0.9785 - 0.975 - 0.9715
Supports: 0.962 - 0.966 - 0.969

Posted Image AUD/USD - Australian dollar / US Dollar
Entry: 0.971
Stop: 0.9735
Resistances: 0.98 - 0.9745 - 0.9715
Supports: 0.96 - 0.965 - 0.9675

Posted Image EUR/JPY - Euro / Yen
Entry: 97.65
Stop: 98
Resistances: 98.55 - 98.1 - 97.65
Supports: 96.5 - 97 - 97.35

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