CALENDER FOR 8 JAN 2007
CALENDER FOR 8 JANUARY 2007
Mon. 01/08
all day JPY Holiday: Coming of Age Day
Definition
Japanese financial markets will be closed in observance of Coming of Age Day.
1:45am CHF Unemployment Rate 3.1%(forecast) 3.1% (previus)
Definition
Measures the percentage of the total work force that is unemployed and actively seeking employment. A falling trend has a positive effect on the nation's currency. Working people tend to spend more, and consumer spending is a major driver of the economy. However, unemployment usually draws little attention because traders view it as a lagging indicator.
2:00am EUR German Retail Sales m/m 0.6% (forecast) -0.5% (previus)
Definition
Measures the value of sales at the retail level. A rising trend has a positive effect on the nation's currency because Retail Sales make up a large portion of consumer spending, which is a major driver of the economy and has a sizable impact on GDP. Traders pay close attention to Retail Sales because it is usually the first significant indicator of the month that relates to consumer behavior and is susceptible to surprises.
6:00am EUR German Factory Orders m/m 0.9% (forecast) -1.1% (previus)
Definition
Measures the value of new purchase orders placed with domestic manufacturers for durable and non-durable goods.
10:30am CAD BOC Business Outlook Survey
Definition
Measures general business conditions through a quarterly survey, conducted by the Bank of Canada (BOC), that asks 100 firms to rate their company's 12 month forecast for items such as sales growth, investment in machinery, employment, inflation, and ability to meet demand. The 100 firms are selected in accordance with the composition of the nation's GDP.
12:45pm USD Fed Governor Kohn Speaks
Definition
Federal Reserve Governor Donald Kohn will speak about the economic outlook, in Atlanta Georgia. Audience questions expected.
3:00pm USD Consumer Credit m/m 5.4B (forecast) -1.2B (previus)
Definition
Measures the total value of outstanding consumer installment debt, such as credit cards and auto loans. A rising trend has a positive effect on the nation's currency because historically consumer borrowing and spending have a high degree of correlation.
7:01pm GBP BRC Retail Sales y/y 1.9% (forecast) 2.5% (previus)
Definition
The British Retail Consortium (BRC) Retail Monitor measures the change in value of sales at surveyed retailers.
7:30pm AUD Retail Sales m/m 0.3% (forecast) 0.8% (previus)
Mon. 01/08
all day JPY Holiday: Coming of Age Day
Definition
Japanese financial markets will be closed in observance of Coming of Age Day.
1:45am CHF Unemployment Rate 3.1%(forecast) 3.1% (previus)
Definition
Measures the percentage of the total work force that is unemployed and actively seeking employment. A falling trend has a positive effect on the nation's currency. Working people tend to spend more, and consumer spending is a major driver of the economy. However, unemployment usually draws little attention because traders view it as a lagging indicator.
2:00am EUR German Retail Sales m/m 0.6% (forecast) -0.5% (previus)
Definition
Measures the value of sales at the retail level. A rising trend has a positive effect on the nation's currency because Retail Sales make up a large portion of consumer spending, which is a major driver of the economy and has a sizable impact on GDP. Traders pay close attention to Retail Sales because it is usually the first significant indicator of the month that relates to consumer behavior and is susceptible to surprises.
6:00am EUR German Factory Orders m/m 0.9% (forecast) -1.1% (previus)
Definition
Measures the value of new purchase orders placed with domestic manufacturers for durable and non-durable goods.
10:30am CAD BOC Business Outlook Survey
Definition
Measures general business conditions through a quarterly survey, conducted by the Bank of Canada (BOC), that asks 100 firms to rate their company's 12 month forecast for items such as sales growth, investment in machinery, employment, inflation, and ability to meet demand. The 100 firms are selected in accordance with the composition of the nation's GDP.
12:45pm USD Fed Governor Kohn Speaks
Definition
Federal Reserve Governor Donald Kohn will speak about the economic outlook, in Atlanta Georgia. Audience questions expected.
3:00pm USD Consumer Credit m/m 5.4B (forecast) -1.2B (previus)
Definition
Measures the total value of outstanding consumer installment debt, such as credit cards and auto loans. A rising trend has a positive effect on the nation's currency because historically consumer borrowing and spending have a high degree of correlation.
7:01pm GBP BRC Retail Sales y/y 1.9% (forecast) 2.5% (previus)
Definition
The British Retail Consortium (BRC) Retail Monitor measures the change in value of sales at surveyed retailers.
7:30pm AUD Retail Sales m/m 0.3% (forecast) 0.8% (previus)
source : FOREX FACTORY
posted by selangorde at
11:05 AM
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