Currency : GBP - Manufacturing PMI
Impact : High Impact Expected
Time : 4:30am
Previous : 45.5
Forecast : 45.8
Description :
The Chartered Institute of Purchasing and Supply (CIPS) Manufacturing Purchasing Manager's Index (PMI) measures the activity level of purchasing managers in the manufacturing sector, with a reading above 50 indicating expansion. A rising trend has a positive effect on the nation's currency. To produce the index, purchasing managers are surveyed on a number of subjects including employment, production, new orders, supplier deliveries, and inventories. Traders watch these surveys closely because purchasing managers, by virtue of their jobs, have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
Showing posts with label Economic Calendar. Show all posts
Showing posts with label Economic Calendar. Show all posts
Friday, August 1, 2008
Saturday, April 26, 2008
GBPJPY : News impact (Result)
8:20 PM GMT +8
Please refer the picture for news analysis result...
Please refer the picture for news analysis result...The actual result exactly same as forecast .... the GBP streghthen by 0.4%
Friday, April 25, 2008
Economic Calendar
Date/Time : April, 25 2008 4:30 AM GMT (12:30 PM GMT +8)
Currency : GBP
Impact : High Impact Expected - GDP q/q (p)
Previous : 0.6 %
Forecast : 0.4 %
Actual : 0.4% <<-- Result : GBP Strenghthen
Details :
Gross Domestic Product (GDP) measures the total value of all goods and services produced by the economy. A rising trend has a positive effect on the nation's currency. GDP is the broadest measure of activity and the primary gauge of the economy's health. To foreign investors, a strong economy is viewed favorably because it spurs investment opportunities in the domestic stock and bond markets. More importantly, the central bank is more likely to raise interest rates in the face of a strong and growing economy. The combination of these effects can have a large impact on the demand for the nation's currency.
Currency : GBP
Impact : High Impact Expected - GDP q/q (p)
Previous : 0.6 %
Forecast : 0.4 %
Actual : 0.4% <<-- Result : GBP Strenghthen
Details :
Gross Domestic Product (GDP) measures the total value of all goods and services produced by the economy. A rising trend has a positive effect on the nation's currency. GDP is the broadest measure of activity and the primary gauge of the economy's health. To foreign investors, a strong economy is viewed favorably because it spurs investment opportunities in the domestic stock and bond markets. More importantly, the central bank is more likely to raise interest rates in the face of a strong and growing economy. The combination of these effects can have a large impact on the demand for the nation's currency.
Economic Calendar
Date/Time : April, 24 2008 4:30 AM GMT (12:30 PM GMT +8)
Currency : GBP
Impact : High Impact Expected - Retail Sales m/m
Previous : 1.0 %
Forecast : -0.3 %
Date/Time : April, 24 2008 6:00 AM GMT (2:00 PM GMT +8)
Currency : GBP
Impact : Medium Impact Expected - CBI Industrial Trends Orders
Previous : 7
Forecast : 4
Date/Time : April, 24 2008 7:50 AM GMT (3:50 PM GMT +8)
Currency : JPY
Impact : Medium Impact Expected - Core CPI y/y
Previous : 1.0 %
Forecast : 1.2 %
Date/Time : April, 24 2008 7:50 AM GMT (3:50 PM GMT +8)
Currency : JPY
Impact : Low Impact Expected - Core Tokyo y/y
Previous : 0.6 %
Forecast : 0.5 %
Currency : GBP
Impact : High Impact Expected - Retail Sales m/m
Previous : 1.0 %
Forecast : -0.3 %
Date/Time : April, 24 2008 6:00 AM GMT (2:00 PM GMT +8)
Currency : GBP
Impact : Medium Impact Expected - CBI Industrial Trends Orders
Previous : 7
Forecast : 4
Date/Time : April, 24 2008 7:50 AM GMT (3:50 PM GMT +8)
Currency : JPY
Impact : Medium Impact Expected - Core CPI y/y
Previous : 1.0 %
Forecast : 1.2 %
Date/Time : April, 24 2008 7:50 AM GMT (3:50 PM GMT +8)
Currency : JPY
Impact : Low Impact Expected - Core Tokyo y/y
Previous : 0.6 %
Forecast : 0.5 %
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