ForexTicket

Fri, 14 Sep 2012 08:13:32 +0200

Forex Trade 14 Sep, Euro-Zone Consumer Price Index, Advance Retail Sales, Consumer Price Index

Hello,
today we have some news...

1:00 NZD: ANZ 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.
1:00 NZD: ANZ Consumer Confidence Index
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.
3:00 NZD: Non Resident Bond Holdings

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

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 Employment

12:30 USD: Advance Retail Sales
A monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence.
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: 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: Retail Sales Less Autos
A monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence.
12:30 USD: Retail Sales "Control Group"

12:30 USD: Retail Sales Ex Auto & Gas
A monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes. The retail sales index is often taken as an indicator of consumer confidence.
12:30 USD: Consumer Price Index Core Index

12:30 CAD: Manufacturing Shipments

13:15 USD: 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.
13:15 USD: Manufacturing

13:15 USD: Capacity Utilization

13:55 USD: U. of Michigan Confidence

14:00 USD: Business Inventories

And some trades:

Posted Image USD/CHF - US Dollar / Swiss Franc
Entry: 0.934
Stop: 0.937
Resistances: 0.9435 - 0.9405 - 0.9355
Supports: 0.9265 - 0.93 - 0.933

Posted Image EUR/GBP - Euro / British Pound
Entry: 0.805
Stop: 0.803
Resistances: 0.813 - 0.8095 - 0.806
Supports: 0.7965 - 0.8005 - 0.8035

Posted Image EUR/USD - Euro / US Dollar
Resistances: 1.3175 - 1.309 - 1.305
Supports: 1.275 - 1.288 - 1.2975

Posted Image USD/JPY - US Dollar / Yen
Resistances: 78.3 - 77.95 - 77.65
Supports: 76.5 - 77.15 - 77.5

Posted Image GBP/USD - British Pound / US Dollar
Resistances: 1.6295 - 1.624 - 1.621
Supports: 1.6085 - 1.614 - 1.6175

  • 4xp
  • saxobank
  • sunbirdfx
  • fxcm
  • skyfx
  • xemarkets
  • avafx
  • 24option
  • ioption