Thu, 14 Jun 2012 08:44:51 +0200
Forex Trade 14 Jun, Swiss National Bank Rate Decision, Ecb Publishes June Monthly Report, Euro-Zone Consumer Price Index
Hello,
today we have some news...
1:00 AUD: Consumer Inflation Expectation
4:30 JPY: Industrial Production
Measures changes in the volume of output produced by the manufacturing, mining, and utility sectors. Because industrial production is a measure of output volume rather than dollar value, the figure is not distorted by inflation and is considered a more "pure" indicator for US industry. Though industrial production only accounts for a relatively small portion of GDP, it accounts for most of the volatility in GDP and is considered highly sensitive to changes in interest rate and consumer demand. Therefore understanding trends in this figure are important to forecasting GDP. High or rising Industrial Production figures suggest increased production and economic expansion. However, uncontrolled levels of production and consumption can spark inflation.
4:30 JPY: Capacity Utilization
6:00 EUR: German Wholesale Price Index
7:30 CHF: Swiss National Bank Rate Decision
8:00 EUR: ECB Publishes June Monthly Report
8:30 EUR: Italian General Government Debt
9:00 EUR: Euro-Zone Consumer Price Index
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.
9:00 EUR: Euro-Zone Labor Costs
12:30 USD: Consumer Price Index Ex Food & Energy
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.
12:30 USD: 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.
12:30 USD: Continuing Claims
12:30 USD: Current Account Balance
12:30 USD: Initial Jobless Claims
12:30 USD: Annual Revisions: Current Account
12:30 USD: Consumer Price Index Core Index
12:30 CAD: Capacity Utilization Rate
12:30 CAD: New Housing Price Index
14:30 USD: EIA Natural Gas Storage Change
14:30 CAD: Bank of Canada Publishes Financial System Review
22:00 JPY: Bank of Japan Rate Decision
22:30 NZD: Business NZ Performance of Manufacturing Index
And some trades:
GBP/JPY - British Pound / Yen
Entry: 123
Stop: 123.4
Resistances: 124.25 - 123.75 - 123.35
Supports: 121.45 - 122.1 - 122.6
EUR/USD - Euro / US Dollar
Resistances: 1.274 - 1.267 - 1.261
Supports: 1.2325 - 1.2445 - 1.252
USD/JPY - US Dollar / Yen
Resistances: 80.5 - 80.1 - 79.7
Supports: 77.95 - 78.6 - 79.2
GBP/USD - British Pound / US Dollar
Resistances: 1.559 - 1.553 - 1.55
Supports: 1.5325 - 1.541 - 1.547
USD/CHF - US Dollar / Swiss Franc
Resistances: 0.965 - 0.9595 - 0.9565
Supports: 0.9465 - 0.9485 - 0.953
Actualité du forex
Forex News
- Forex Trade 13 May, Advance Retail Sales
- Forex Trade 10 May, New Yuan Loans, Net Change In Employment, Unemployment Rate
- Forex Trade 09 May, Consumer Price Index, Unemployment Rate, Employment Change, Ecb Publishes Monthly Report
- Forex Trade 08 May, Unemployment Rate
- Forex Trade 07 May, Reserve Bank Of Australia Rate Decision
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