Claws and Horns
Claws and Horns
News of the day. 26.01.2017

RBNZ Governor Wheeler Speech. New Zealand, 1:00 am (GMT+2)

The RBNZ Governor Wheeler Speech is due at 1:00 am (GMT+2). Graeme Wheeler has been the Governor of the Reserve Bank of New Zealand since September 2012. In his speech, he gives commentaries regarding current economic conditions and monetary policy in the country.

Gfk Consumer Confidence Survey. Germany, 9:00 am (GMT+2)

Data on the Gfk Consumer Confidence Survey is due at 9:00 am (GMT+2). The index is expected to remain unchanged at 9.9 points. The index is released by the marketing company Gfk and is based on surveys of consumers regarding their level of their confidence in the economy of the country. Values above 0 represent optimistic moods and strengthen the EUR. Values below 0 represent pessimism and weaken the EUR.

Gross Domestic Product. UK, 11:30 am (GMT+2)

Data on the Gross Domestic Product for the fourth quarter of 2016 is due at 11:30 am (GMT+2). On a quarter-to-quarter basis, the index is expected to fall from 0.6% to 0.5% while over the year – from 2.2% to 2.1%. Represents the total value of all goods and services created in the UK. Indicates the pace of a growth/decline of the economy. A high reading strengthens the GBP. A low reading weakens the GBP.

Initial Jobless Claims. US, 3:30 pm (GMT+2)

Data on the Initial Jobless Claims for the week is due at 3:30 pm (GMT+2) in the US. The index represents the number of new unemployment claims. Published weekly on Thursdays. Allows estimating the upcoming Nonfarm Payrolls figure. A fall in the index strengthens the USD. A growth in the index weakens the USD.

New Home Sales Change. US, 5:00 pm (GMT+2)

Data on the New Home Sales Change is due at 5:00 pm (GMT+2). In December, the index is expected to fall from 5.2% to -0.3%. Important indicator of the US property market. A growth in the index represents economic growth. A high reading strengthens the USD. A low reading weakens the USD.
Claws and Horns
Claws and Horns
News of the day. 25.01.2017

Merchandise Trade Balance Total. Japan, 1:50 am (GMT+2)

Data on the Merchandise Trade Balance Total is due in Japan at 1:50 am (GMT+2). In December, the index is expected to increase from 152.5 billion to 270.0 billion Yen. The indicator represents the difference between the value of exports and imports. Positive values occur when exports exceed imports and imply the balance is in surplus. Negative values imply the balance is in deficit indicating imports exceed exports. A high reading strengthens the JPY. A low reading weakens the JPY.

Consumer Price Index. Australia, 2:30 am (GMT+2)

Data on the Consumer Price Index for the fourth quarter of 2016 is due at 2:30 am (GMT+2). On a year-to-year basis, the index is expected to grow from 1.3% to 1.6%. The index represents changes in the value of the fixed basket of goods and services. A growth in the indicator strengthens the AUD. A fall in the indicator weakens the AUD.

IFO - Business Climate. Germany, 11:00 am (GMT+2)

The IFO - Business Climate is due at 11:00 am (GMT+2). In January, the index is expected to grow from 111.0 to 111.3 points. It is based on surveys of executives of more than 7000 companies regarding their opinion on current economic conditions for businesses. A growth in the index is perceived as positive and strengthens the EUR. A fall in the index is perceived as negative and weakens the EUR.

Housing Price Index. US, 4:00 pm (GMT+2)

The Housing Price Index for November is due in the US at 4:00 pm (GMT+2). Represents property prices dynamics. A high reading strengthens the USD. A low reading weakens the USD.

Consumer Price Index. New Zealand, 11:45 pm (GMT+2)

Data on the Consumer Price Index for the fourth quarter of 2016 is due at 11:45 pm (GMT+2). On a year-to-year basis, the index is expected to increase from 0.4% to 1.2%. On a quarter-to-quarter basis, the index is forecasted to remain unchanged at 0.3%. The index represents changes in the value of the fixed basket of goods and services. It is one of the key indicators of inflation in the country. A high result strengthens the NZD. A low result weakens the NZD.
Claws and Horns
Claws and Horns
News of the day. 24.01.2017

Markit Services PMI. Germany, 10:30 am (GMT+2)

Data on the Markit Services PMI is due at 10:30 am (GMT+2). According to forecasts, in January the index will increase from 54.3 to 54.8 points. The index evaluates the state of the services sector. Is based on surveys of executives of German companies operating in the services sector regarding their opinion on current economic conditions in the sector. A reading above 50 is perceived as positive and strengthens the EUR. A reading below 50 is perceived as negative and weakens the EUR.

Markit Services PMI. EU, 11:00 am (GMT+2)

Data on the Markit Services PMI for the eurozone is due at 11:00 am (GMT+2). In January, the index is expected to grow from 53.7 to 53.8 points. The index represents current economic conditions in the sector and its future prospects. A reading above 50 is perceived as positive and strengthens the EUR. A reading below 50, on the contrary, is perceived as negative and weakens the EUR.

Public Sector Net Borrowing. UK, 11:30 am (GMT+2)

Data on the Public Sector Net Borrowing is due at 11:30 am (GMT+2). In December, the index is expected to shrink from 12.21 billion to 7.20 billion GBP. The index represents government debt. Positive values indicate a budget deficit and weaken the GBP. Negative values denote a budget surplus and strengthen the GBP.
Claws and Horns
Claws and Horns
News of the day. 20.01.2017

Industrial Production. China, 4:00 am (GMT+2)

Data on Industrial Production for December is due at 4:00 am (GMT+2) in China. On a year-to-year basis, the index is expected to fall from 6.2% to 6.1%. Represents a change in industrial output in China. Data on industrial production is one of the major indicators of the state of the national economy. A growth in the index supports the CNY. A fall in the index pressures the CNY.

Gross Domestic Product. China, 4:00 am (GMT+2)

Data on the Gross Domestic Product is due at 4:00 am (GMT+2) in China. According to forecasts, the index will fall to 1.7% in the fourth quarter from 1.8% for the previous one. Represents the value of all goods and services created in the country during a period. It is one of the major macroeconomic indicators. Being one of the largest in the world, the Chinese economy has an impact on the world economy. A growth in the index strengthens the CNY. A fall in the index weakens the CNY.

Retail Sales. UK, 11:30 am (GMT+2)

Data on Retail Sales for December is due at 11:30 am (GMT+2). On a year-to-year basis, the index is expected to grow from 5.9% to 7.3% while over the month it will remain unchanged at 0.2%. The index represents the total value of all receipts from retail shops in the country. Characterises the level of consumer spending and demand. Growth in retail sales is an important factor for the economy. A high reading strengthens the GBP. A low reading weakens the GBP.

Consumer Price Index. Canada, 3:30 pm (GMT+2)

Data on the Consumer Price Index is due at 3:30 pm (GMT+2) in Canada. In December, the index is expected to grow from 1.2% to 1.7%. Represents the change in the price for the basket of goods and services. High values can lead to an increase in interest rates. A growth in the index strengthens the CAD. A fall in the index weakens the CAD.

US President Trump speech. US, 7:00 pm (GMT+2)

US President Donald Trump speech is due at 7:00 pm (GMT+2). His speech could lead to an increase in volatility in the Dollar.
Claws and Horns
Claws and Horns
News of the day. 19.01.2017

Unemployment Rate. Australia, 02:30 (GMT+2)

The December Unemployment Rate data are due at 02:30 (GMT+2) in Australia. The data on unemployment rate represents a percentage of the total labor force that is currently unemployed. A growth in the indicator is considered a negative factor for the country’s economy and weakens the AUD. A fall in the indicator suggests economic growth and strengthens the AUD.

ECB deposit rate decision. EU, 14:45 (GMT+2)

The ECB deposit rate decision is due at 14:45 (GMT+2). The rate is expected to stay on the current level of -0.4%. The deposit rate, announced by European Central Bank, is the interest rate paid on the surplus liquidity that credit institutions may deposit overnight in an account with a national central bank that is part of the Eurosystem.

ECB interest rate decision. EU, 14:45 (GMT+2)

The ECB Interest Rate Decision is due at 14:45 (GMT+2). The ECB declares the Interest Rate according to the economical situation and the level of inflation. A rate increase strengthens the EUR, while a decrease weakens the EUR.

ECB monetary policy statement and press conference. EU, 15:30 (GMT+2)

The ECB Monetary policy statement and press conference is due at 15:30 (GMT+2). After the interest rate decision is made, the ECB Head comments on the recent monetary policy decision and answers questions about current economic conditions in the Eurozone.

Initial Jobless Claims. USA, 15:30 (GMT+2)

The weekly Initial Jobless Claims data are due at 15:30 (GMT+2) in the USA. The indicator represents the number of new unemployment claims. Published weekly on Thursdays. Allows approximating what nonfarm payrolls will be. A fall in the index strengthens the USD. A growth in the index weakens the USD.
Claws and Horns
Claws and Horns
News of the day. 18.01.2017

Consumer Price Index. EU, 12:00 (GMT+2)

The Consumer Price Index is due at 12:00 (GMT+2) in the EU. The MoM index is expected to grow to 0.5% in December from - 0.1% in the previous month. The YoY index is not expected to change and stay on the December level 1.1%. The index is the key indicator of inflation in the Eurozone. It represents the change in the value of the basket of goods and services. A growth in the indicator strengthens the EUR. A fall in the indicator weakens the EUR.

Consumer Price Index. USA, 15:30 (GMT+2)

The Consumer Price Index is due at 15:30 (GMT+2) in the USA. The YoY index is expected to grow to 2.1% in December from 1.7% in the previous month. The MoM value is expected to grow to 0.3% in December from 0.2% in the previous month. It is the key indicator of inflation in the country and represents the change in the value of the basket of goods and services. A positive reading strengthens the USD. A negative reading weakens the USD.

Capacity Utilization. USA, 16:15 (GMT+2)

The December Capacity Utilization data are due at 16:15 (GMT+2) in the USA. The December index is expected to grow to 75.3% from 75.0% in November. The index represents the percentage expression of the production capacity utilization in the economy of the country, the economic growth and the level of demand. The value of 85% is considered optimal and represents a good balance between economic growth and inflation. A value above 85% represents inflation acceleration. A growth in the index generally strengthens the USD.

Industrial Production. USA, 16:15 (GMT+2)

The Industrial Production index is due at 16:15 (GMT+2) in the USA. The MoM value is expected to grow to 0.4% in December from - 0.4% in the previous month. It represents industrial output in the US and is one of the major indicators of the state of the national economy. Has a high impact on the market. A growth in the index supports the USD. A fall in the index pressures the USD.

BoC Interest Rate Decision. Canada, 17:00 (GMT+2)

The Bank of Canada Interest Rate Decision is due at 17:00 (GMT+2). The rate is expected to stay on the same level of 0.5%. It is an important economic indicator, which influences interest rates of retail banks and the CAD exchange rate. An interest rate increase strengthens the CAD. The rate decrease weakens the CAD.

Fed's Beige Book. USA, 21:00 (GMT+2)

The Fed's Beige Book report is due at 21:00 (GMT+2) in the USA. The report is prepared by the 12 Federal Reserve Banks and evaluates current economic conditions in the US. Optimistic commentaries strengthen the USD. Pessimistic commentaries weaken the USD.

Janet Yellen Speech. USA, 22:00 (GMT+2)

The Chair of FRS Janet Yellen Speech is due at 22:00 (GMT+2) in the USA. Janet Yellen is the Chair of the Fed since 2014. She is also the Chair of the Open Market Committee.
Claws and Horns
Claws and Horns
News of the day. 17.01.2017

Industrial Production. Japan, 06:30 (GMT+2)

The Industrial Production data are due at 06:30 (GMT+2) in Japan. The November index is expected to stay on the same level of 1.5%. The indicator represents changes in industrial output in Japan. Data on industrial production is one of the major indicators of the state of the national economy. A growth in the indicator supports the JPY. A fall in the indicator pressures the JPY.

Consumer Price Index. United Kingdom, 11:30 (GMT+2)

The Consumer Price Index is due at 11:30 (GMT+2) in the UK. It is expected to grow to 1.4% YoY in December from 1.2% YoY in the previous month and to 0.3% MoM in December from 0.2% MoM in the previous month. The index is one of the key indicators of inflation in the country and represents the change in prices for goods and services. A high reading strengthens the GBP. A low reading weakens the GBP.

ZEW Survey — Economic Sentiment. Germany, 12:00 (GMT+2)

The Economic Sentiment be the ZEW is due at 12:00 (GMT+2) in Germany. The index is expected to grow to 65.0 points in January from 63.5 points in the previous month. The index is published by the Centre for European Economic Research and is based on surveys of the leading financial experts who assess current economic conditions in Europe. Positive values represent their optimistic view on the economy and strengthen the EUR. Negative values represent pessimism and weaken the EUR.
Claws and Horns
Claws and Horns
News of the day. 16.01.2017

NZIER Business Confidence. New Zealand, 23:00 (GMT+2)

The 4 quarter NZIER Business Confidence data are due at 23:00 (GMT+2) in the New Zealand. The index represents a short-term economic outlook. A growth in business confidence indicates a growth in investment in production. A high reading strengthens the NZD. A low reading weakens the NZD.

Tertiary Industry Index. Japan, 06:30 (GMT+2)

The November Tertiary Industry Index is due at 06:30 (GMT+2) in Japan. The index reflects the current state of the service sector. A high reading is positive for the JPY, while a low reading is negative.

TD Securities Inflation. Australia, 02:00 (GMT+2)

The September TD Securities Inflation data are due at 02:00 (GMT+2) in Australia. TD Securities Inflation released by The University of Melbourne - Faculty of Economics and Commerce estimates inflation in the Australian economy. The higher inflation, the stronger the effect it will have on a probability of a rate hike by the RBA. Generally speaking, a high reading should be taken as positive for the AUD, while a low reading is seen as negative.
Claws and Horns
Claws and Horns
News of the day. 13.01.2017

Producer Price Index. USA, 15:30 (GMT+2)

The Producer Price Index is due at 15:30 (GMT+2) in the USA. The index s expected to lover to 0.3% MoM in December from 0.4% in the previous month. Represents the wholesale prices change from producers. A high reading strengthens the USD. A low reading weakens the USD.

Retail Sales. USA, 15:30 (GMT+2)

The Retail Sales Index (MoM) is due at 15:30 (GMT+2) in the USA. The index is expected to grow to 0.7% MoM in December from 0.1%. Indicates consumer spending. Represents the change in the volume of retail sales. A growth in the index is the positive factor for the economy and strengthens the USD. A fall in the index weakens the USD.

Wholesale Price Index. Germany, 09:00 (GMT+2)

The December Wholesale Price Index is due at 09:00 (GMT+2) in Germany. The index measures sales volumes in the wholesale sector. A growth in the index represents an increase in consumption and retail sales and strengthen the EUR. A fall in the index weakens the EUR.
Claws and Horns
Claws and Horns
News of the day. 12.01.2017

Industrial Production. EU, 12:00 (GMT+2)

The Industrial Production data are due at 12:00 (GMT+2) in the EU. The index is expected to grow to 1.6% YoY in November from 0.6% in the previous month and to 0.5% MoM in November from - 0.1% in the previous month. Data on industrial production represents changes in industrial output and is considered as one of the major indicators of the state of the economy. It consists of the manufacturing, extractive industries and electricity. A high reading strengthens the EUR. A low reading weakens the EUR.

ECB Monetary Policy Meeting Accounts. EU, 14:30 (GMT+2)

The ECB Monetary Policy Meeting Accounts records are due at 14:30 (GMT+2). Account of the monetary policy meeting contains an overview of the current economic situation, commentaries on the recent monetary policy decisions and macroeconomic and inflation forecasts.

Initial Jobless Claims. USA, 15:30 (GMT+2)

The Initial Jobless Claims index is due at 15:30 (GMT+2) in the USA. The index is expected to grow to 255K WoW from 235K in the previous week. Represents the number of new unemployment claims. Published weekly on Thursdays. Allows approximating what nonfarm payrolls will be. A fall in the index strengthens the USD. A growth in the index weakens the USD.

Monthly Budget Statement. USA, 21:00 (GMT+2)

The Monthly Budget Statement is due at 21:00 (GMT+2) in the USA. The deficit is expected to decrease to -25 billion USD n December from -137 billion USD in the previous month. Represents the difference between the government revenue and expenditures. The budget deficit appears when expenditures exceed revenues. When the opposite happens, the budget is said to be in surplus. Positive values strengthen the USD, and negative values weaken the USD.

Electronic Card Retail Sales. New Zealand, 23:45 (GMT+2)

The December Electronic Card Retail Sales index is due at 23:45 (GMT+2) in the New Zealand. The data on electronic card retail sales measures purchases made with credit and debit cards. The data is considered as an indicator of the retail sector. A growth in electronic card retail sales strengthens the NZD. A fall in the indicator weakens the NZD.
Claws and Horns
Claws and Horns
News of the day. 11.01.2017

Industrial Groduction. UK, 11:30 (GMT+2)

At 11:30 (GMT+2) data on industrial production will be published in UK. It is predicted that on a monthly basis the indicator will rise to 0.8% in November, from -1.3% the previous month. In annual terms, growth is expected to the rate of 0.6% in November, from -1.1% the previous month. The index shows the level of the volume of production in the UK. It is one of the main indicators of the national economy. The index includes manufacturing, mining, electric power. The growth of rate leads to an increase in the national currency. Reduction causes the weakening of the national currency.

GDP Growth by NIESR. UK, 17:00 (GMT+2)

At 17:00 (GMT+2) GDP growth estimate from the National Institute of Economic and Social Research (NIESR) will be published in UK. The report tracks the growth of the UK economy over the past 3 months. Report results can influence the monetary policy of the country. The high value supports the national currency, low value, on the other hand, exerts pressure.
Claws and Horns
Claws and Horns
News of the day. 10.01.2017

Retail Sales. Australia, 02:30 (GMT+2)

The November Retail Sales s.a. (MoM) data are due at 02:30 (GMT+2) in Australia. The data on retail sales measures the volume of sales in the retail sector. The Retail Sales are a significant part of the GDP. The index is expected to lower for the third month in a row to the level of 0.4%, which can pressure the AUD greatly.

Consumer Price Index. China, 03:30 (GMT+2)

The December Consumer Price Index is due at 03:30 (GMT+2) in China. The index represents the change in prices for goods and services for households. The YoY index is expected to stay on the same level of 2.3%, as the MoM value will grow from 0.1% to 0.3%. In this case the high volatility of the currency market is possible.

Unemployment Rate. Switzerland, 08:45 (GMT+2)

The Unemployment Rate s.a (MoM) is due at in Switzerland. The rate is expected to stay on the same level of 3.3%. The rate keeps this level from the last year summer, so no significant changes in the market are expected in this scenario.

API Weekly Crude Oil Stock. USA, 23:30 (GMT+2)

The API Weekly Crude Oil Stock data are due at 23:30 (GMT+2) in the USA. This report is perceived as the outstripping indicator for the same report by EIA. The lowering of the stocks leads to the growth of the oil prices, the growth pressures it.
Claws and Horns
Claws and Horns
News of the day. 9.01.2017

Trade Balance. Germany, 9:00 am (GMT+2)

Data on the Trade Balance for November is due at 9:00 am (GMT+2) in Germany. The index represents the difference between the value of exports and imports. Positive values imply the balance is in surplus, which has a positive effect on the German economy and strengthens the EUR. Negative values represent the balance deficit and weaken the EUR.

Unemployment Rate. EU, 12:00 pm (GMT+2)

Data on the Unemployment Rate for November is due at 12:00 pm (GMT+2) in the eurozone. The unemployment rate measures the percentage of the total labour force that is unemployed. A growth in the index represents a slowdown of economic growth. A high result can pressure the EUR, while a low one, on the contrary, can strengthen the EUR.
Claws and Horns
Claws and Horns
News of the day. 6.01.2017

Retail Sales. EU, 12:00 pm (GMT+2)

Data on Retail Sales for November is due at 12:00 pm (GMT+2) in the eurozone. The index represents changes in the volume of retail sales and is considered as the major indicator of consumer spending. A high reading strengthens the EUR. A low reading weakens the EUR.

Nonfarm Payrolls. US, 3:30 pm (GMT+2)

Data on the Nonfarm Payrolls is due at 3:30 pm (GMT+2) in the US. In December, the index is expected to fall from 178 thousands to 175 thousands. One of the main indicators of employment in the US. Represents the number of employed in non-agricultural sectors. Has a high impact on the market. A high reading represents employment growth and strengthens the USD. A low reading weakens the USD.

Unemployment Rate. Canada, 3:30 pm (GMT+2)

Data on the Unemployment Rate is due at 3:30 pm (GMT+2) in Canada. In December, the index is expected to grow from 6.8% to 6.9%. Published by Statistics Canada. Represents the number of unemployed as a percentage of the total labour force. A growth in the index indicates a slowdown of the economy and weakens the CAD. A fall in the index is positive for the national economy and strengthens the CAD.

Ivey Purchasing Managers Index. Canada, 5:00 pm (GMT+2)

The Ivey Purchasing Managers Index for December is due in Canada at 5:00 pm (GMT+2). The index is published by the Richard Ivey School of Business. Assesses current economic conditions in the country. Values above 50 represent business activity growth and strengthen the CAD. Values below 50 represent a contraction in business activity in the country and weaken the CAD.
Claws and Horns
Claws and Horns
News of the day. 5.01.2017

PMI Markit Services. UK, 11:30 (GMT+2)

At 11:30 (GMT+2) index of business activity in the services sector by Markit will be published in UK. It is predicted that the rate will drop to 54.8 points in December from 55.2 points a month earlier. This indicator assesses the economic situation in the services sector. It is based on a survey of business executives working in this field. A reading above 50 is seen as a positive signal and strengthens GBP. A value below 50, on the other hand, is a negative signal, and puts pressure on the GBP.

PPI. EU, 12:00 (GMT+2)

At 12:00 (GMT+2) index of producer prices for Eurozone will be published. It is expected that the annualized rate will rise to 0.1% in November from -0.4% the previous month. It shows the change in prices for goods produced in the Eurozone. The growth of the index usually strengthens EUR.

ECB Meeting Minutes. EU, 14:30 (GMT+2)

At 14:30 (GMT+2) data on the ECB meeting on monetary policy will be published. Protocol of the ECB meeting contains information about the current economic situation, the comments regarding the monetary policy decisions, as well as macroeconomic forecasts and inflation forecasts.

Initial Jobless Claims. USA, 15:30 (GMT+2)

At 15:30 (GMT+2) data on initial applications for unemployment benefits for the week will be published in the United States. The number of claims is expected to drop to 265K from 265K the previous week. It reflects the number of new applications for unemployment benefits and is published every week on Thursdays. It gives an idea of what will be the value of NonFarm Payrolls indicator. Decrease of the number of applications is a positive factor for the US dollar. The growth, on the other hand, is perceived as a negative factor.

ISM Services. USA, 17:00 (GMT+2)

At 17:00 (GMT+2) ISM index of business activity in the services sector will be published in USA. It is predicted that December’s value will fall to 56.7 points from 57.2 points a month earlier. The index represents the results of a survey of managers in the services sector in order to assess the current economic situation in the industry. A result above 45-50 indicates a good pace of economic development. Figures below 45-50, on the contrary, suggest a slowing economy.
Claws and Horns
Claws and Horns
News of the day. 4.01.2017

Markit Services PMI. EU, 11:00 am

The Markit Services PMI for December is due at 11:00 am (GMT+2). The index is expected to remain unchanged at 53.1 points. The index represents current economic conditions in the sector and its future prospects. A reading above 50 is perceived positive and strengthens the EUR. A reading below 50, on the contrary, is perceived negative and weakens the EUR.

Consumer Credit. UK, 11:30 am

Data on Consumer Credit for November is due at 11:30 am (GMT+2) in the UK. Represents the change in the volume of consumer credits. Generally, an index increase shows readiness of consumers to spend money thus showing confidence in the economy. A high reading strengthens the GBP. A low reading weakens the GBP. Fact: a too high reading could indicate credit overconsumption, when consumers take more credit than they actually need.

Mortgage Approvals. UK, 11:30 am

Data on Mortgage Approvals for November is due at 11:30 am (GMT+2). An increase in the number of new approved mortgages represents a healthy state of the property market. A growth in the index supports the GBP. A fall in the index pressures the GBP.

Consumer Price Index. EU, 12:00 pm

The Consumer Price Index is due at 12:00 pm (GMT+2). According to forecasts, on a year-to-year basis the index will increase from 0.6% to 1.0%. The key indicator of inflation in the eurozone. Represents the change in the value of the basket of goods and services. A growth in the indicator strengthens the EUR. A fall in the indicator weakens the EUR.

FOMC Minutes. US, 9:00 pm

The FOMC Minutes are due at 9:00 pm (GMT+2). The committee gives their opinion on current economic conditions in the US and decides on the direction of monetary policy. Has a high impact on the market.
Claws and Horns
Claws and Horns
News of the day. 3.01.2017

Caixin Manufacturing PMI. China, 3:45 am

The Caixin Manufacturing PMI for December is due at 3:45 am (GMT+2) in China. The index represents the state of business activity in the manufacturing sector of the country and is based on surveys of purchasing managers of the leading national companies regarding their opinion on current economic conditions and their future perspectives. The index is expected to continue falling and would amount to 50.7 points, which is above the 50-point threshold that separates sector contraction from its expansion. However, forecasts realisation could have a negative impact on the market, as it would confirm the downward tendency in business activity in manufacturing in China.

Markit Manufacturing PMI. UK, 11:30 am

Data on the Markit Manufacturing PMI is due at 11:30 am (GMT+2) in the UK. The index represents the state of business activity in the manufacturing sector of the country and is based on surveys of purchasing managers of the leading national companies regarding their opinion on current economic conditions and their future perspectives. The index is expected to continue falling and would amount to 53.0 points that would confirm the downward tendency in manufacturing in the UK and could pressure the Pound.

Consumer Price Index. Germany, 3:00 pm

December data on the Consumer Price Index is due at 3:00 pm (GMT+2) in Germany – the locomotive of the European economy. The index represents the retail prices change for the fixed basket of goods and services. In December, the index is expected to grow both over the month and over the year, from 0.1% to 0.6% and from 0.8% to 1.5% accordingly. Forecasts realisation will support the Euro.

RBC Manufacturing PMI. Canada, 4:30 pm

The RBC Manufacturing PMI for December is due at 4:30 pm (GMT+2) in Canada. The index represents the state of business activity in the manufacturing sector of the country and is based on surveys of purchasing managers of the leading national companies regarding their opinion on current economic conditions and their future perspectives. The index has been growing for two months in a row and could continue its growth, increasing above the previous figure of 51.5 points. Its growth is supported by rising commodities prices, and in particular oil prices. Forecasts realisation could strengthen the CAD.

ISM Manufacturing PMI. US, 5:00 pm

December data on the Manufacturing PMI from the Institute for Supply Management is due at 5:00 pm (GMT+2) in the US. The index represents the state of business activity in the manufacturing sector of the country and is based on surveys of purchasing managers of the leading national companies regarding their opinion on current economic conditions and their future perspectives. The index has been gradually growing since September, showing a recovery of manufacturing in the US. In December, the growth is expected to continue from 53.2 to 53.5 points that could support the USD.
Claws and Horns
Claws and Horns
News of the day. 29.12.2016

USA

The Crude Oil Stocks change data by the US Energy Information Administration are due at 17:30 (GMT+2) in the USA. The data affect the oil prices. The crude oil stocks volume is expected to lower by 1500 million barrel, which can support the oil prices.

The weekly Initial and Continuing Jobless Claims data are due at 15:30 (GMT+2) in the USA. This indicators as averages (4-weeks or QoQ) allow approximating what nonfarm payrolls will be. The indices are expected to lower from 275K to 264K and from 2036K to 2030K, which can support the USD.

Japan

The BOJ Summary of Opinions is due at 01:50 (GMT+2) in Japan. This report includes the BOJ's projection for inflation and economic growth. It affects the marker moderately, but let the investors have some economic benchmarks for the future.
Claws and Horns
Claws and Horns
News of the day. 28.12.2016

Industrial Production. Japan, 1:50 am

Preliminary data on Industrial Production for November is due at 1:50 am (GMT+2) in Japan. The index represents the change in the volume of production of industrial goods and utility services in the country. On a month-to-month basis, industrial output will increase from 0.0% to 1.6%. On a year-to-year basis, the index will probably show growth as well that could significantly strengthen the Yen.

Retail Sales. Japan, 1:50 am

November data on Retail Sales is due in Japan at 1:50 am (GMT+2). The index measures the change in the volumes of retail sales and characterises consumer spending and demand. Usually, the index has a significant influence on the GDP. On a year-to-year basis, for the first time since February the index will leave the negative territory and show a 0.9% growth that could have a positive impact on the Yen.

Pending Home Sales. US, 5:00 pm

Data on Pending Home Sales that shows signed but unfinished deals is due at 5:00 pm (GMT+2). Usually, it takes up to two months until the deal is made and an increase in the index represents a positive development on the property market during this period. According to forecasts, on a month-to-month basis the index will increase from 0.1% to 0.5% that might strengthen the USD.
Claws and Horns
Claws and Horns
News of the day. 27.12.2016

USA

The December Consumer Confidence data are due at 17:00 (GMT+2) in the USA. The index is calculated on the basis of a household survey of consumers' opinions and calculates the degree of consumers’ optimism. It consists of opinions of current conditions and future expectations of the economy. After a great fall in October, when the index decreased to 98.6 points, the index began to grow slowly and it can reach the level of 108.1 points, which is the maximum from the year 2007. If the forecast comes true, it will strengthen the USD.

Japan

The November Unemployment Rate data is due at 01:30 (GMT+2) in Japan. Unemployment, unlike inflation, is not a problem for Japan economy. From the 2010 the index is slightly lowering. The current value is 3.0%, and, as predicted, it will stay the same in November.

The November Tokyo Consumer Price Index is due at 01:30 (GMT+2) in Japan. The index is the key indicator of inflation in Tokyo that represents changes in the value of the basket of goods and services. In October the index showed the growth of the inflation for the first time in 7 months (0.1%). If the positive trend continues, it can strengthen the JPY against the other currencies.