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Tag Archive | "retail sales"

British Pound Outlook for the Week Ending June 1st


Major economic events to affect the trading of the British Pound versus the US dollar for the week ending June 1st, 2012 are as follows:

On Monday, May 28th, 2012, market in United States remained closed in observance of the Memorial Day while United Kingdom released its report on Hometrack Housing Survey.

On Tuesday, May 29th, 2012, In United States, data on S&P/Case-Shiller US Home Price Index was released along with data on consumer confidence and manufacturing activity by Dallas’ Federal Reserve. United Kingdom reported its data on UBS Consumption Indicator.

On Wednesday, May 30th, 2012, United States, released its data on MBA mortgage applications and pending home sales while US Federal Reserves’ officials, Dudley and Fisher separately spoke on economy at public events in New York and San Antonio respectively. In United Kingdom, data on M4 money supply, mortgage approvals, net consumer credit and net lending on dwellings was produced.

On Thursday, May 31st, United Kingdom will report its data on house prices and consumer confidence survey by Gfk. In United States, several reports will be published which will include data on job cuts, consume outlook index, ADP employment change, personal consumption, continuing claims, initial jobless claims, core personal consumption expenditure, gross domestic product price index, and Chicago’s purchasing managers index. Moreover, Energy Information Administration will release its inventories data on crude oil, gasoline, natural gas and distillates.

On Friday, June 1st, 2012, In United Kingdom, PMI for manufacturing sector is expected. In United States, data on unemployment rate, average hourly earnings, change in household employment, personal income, personal consumption expenditure, unemployment rate, personal spending, change in non-farm payrolls, change in private payrolls, change in manufacturing payrolls, construction spending and purchasing managers’ index will be released. Institute of Supply and Management will also report its data on manufacturing activity and prices paid.

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EUR/USD Outlook for the Week Ending June 1st


The weekly outlook for the pair EUR/USD for the period ending June 1st, 2012 is as under:

On Monday, markets in United States remained closed in observance of the Memorial Day while n the euro zone, data on Italian business confidence was reported

On Tuesday, May 29th, 2012, Germany’s import price index and consumer price index was released in the single currency region. In United States, data on S&P/Case-Shiller US Home Price Index was published along with data on consumer confidence and manufacturing activity by Dallas Federal Reserve.

On Wednesday, May 30th, 2012, data on M3 money supply, industrial confidence, economic confidence, consumer confidence, business climate indicators and service confidence was published in the euro zone while United States, released its data on MBA mortgage applications and pending home sales. The US Federal Reserves’ officials, Dudley and Fisher also separately spoke on economy at public events in New York and San Antonio respectively.

On Thursday, May 31st, Germany is expected to report its data on retail sales, unemployment change and unemployment rate. The euro zone will release its separate data on the region’s consumer price index. In the U.S., several reports are expected which will include data on job cuts, consumer outlook index, ADP employment change, personal consumption, continuing claims, initial jobless claims, core personal consumption expenditure, gross domestic product price index, and Chicago’s purchasing managers index. Further, Energy Information Administration will report its inventories data on crude oil, gasoline, natural gas and distillates.

On Friday, June 1st, 2012, Italy, France and Germany will report their purchasing managers’ index for the manufacturing sector while euro zone will publish its separate PMI for the manufacturing sector and data on unemployment rate. Italy is expected to produce its data on unemployment rate and the budget balance. In the United States, data on unemployment rate, average hourly earnings, change in household employment, personal income, personal consumption expenditure, unemployment rate, personal spending, change in non-farm payrolls, change in private payrolls, change in manufacturing payrolls, construction spending and purchasing managers’ index will be reported. Institute of Supply and Management will also report its data on manufacturing activity and prices paid.

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Outlook for the Pair EUR/USD for the Week Ending May 4th


Major economic events to affect the trading of the pair EUR/USD for the week ending May 4th, 2012 are as under:

On Monday, Germany reported its data on retail sales while Italy released its data on consumer price index. Spain released its official figure on gross domestic product while the euro zone region reported its separate data on M3 money supply and consumer price index estimate. On the other hand in United States, data on personal consumption expenditure, retail sales, personal spending, personal income and Chicago’s purchasing mangers’ index was published. Moreover, Dallas Federal Reserve also published its data on manufacturing activity.

Today on Tuesday, United States reported its data on ISM’s manufacturing data and construction spending while US Federal Reserve’s official Lockhart spoke on monetary policy at an event.

On Wednesday, May 2nd, 2012, Italy will release it purchasing managers index for manufacturing sector along with data on budget balance. France and Germany are also expected to report their data on purchasing managers index. Germany will report its data on unemployment rate and unemployment change while the euro zone will report its separate data on purchasing managers’ index and the unemployment rate.USA will release several reports including data on MBA mortgage applications, ADP employment change, factory orders, ISM for New York and inventories data for crude oil, gasoline and distillates by US Department of Energy.

On Thursday, single currency region will report its data on PPI while the European Central Bank is to release its decision on its interest rate. United States will report its data on non-farm productivity, unit labor costs, initial jobless claims, continuing claims, ISM’s non manufacturing index and data on natural gas supplies by Energy Information Administration. Moreover, US Federal Reserve’s official will also address on US economy at an event at Santa Barbara.

On Friday, Italy, France and Germany are expected to published their PMI for services sector while euro zone will publish its separate report on PMI services. The single currency region is also to release its data on retail sales on Friday. United States will report its data on average hourly earnings, household employment, change in manufacturing payrolls, change in nonfarm payrolls and unemployment rate.

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GBP/USD Outlook for Week Ending April 6th


Major economic events to affect the trading of the pair GBP/USD for the week ending April 6th, 2012 are as under:

On Monday, In United Kingdom, data on purchasing managers’ index, Lloyds Business Barometer and hometrack housing survey was released while Bank of England reported data on housing equity withdrawal. In United States, data on construction spending, unemployment rate, ISM manufacturing and ISM prices paid was reported while US Federal Reserve’s official Pianalto addressed at an event in Ohio regarding US monetary policy.

Today on Tuesday, data on producer price index was reported in the euro zone while United States published its data on factory orders and ISM for New York. Minutes of latest FOMC meeting were also expected in United States today. In United Kingdom, data on purchasing manager index for construction sector was released.

On Wednesday, United Kingdom is to report its official figure on country’s reserves along with data on BRC shop price index and purchasing managers’ index for services sector. In United States, data on domestic vehicle sales, MBA mortgage applications, employment change by ADP, ISM non manufacturing index and data on crude oil, gasoline and distillates inventories by EIA will be published.

On Thursday, in United States, several economic indicators will be published which will include, challenger job cuts, data on initial jobless claims, continuing claims and data on natural gas supplies by EIA. In United Kingdom, data on Halifax house price, manufacturing production and industrial production is expected while the Bank of England will report its assets purchase target and interest rate decision. In England estimate on gross domestic production will be also published by NIESR.

On Friday, April 6th, United States will report its data on unemployment rate, change in household employment, average hourly earnings, change in manufacturing payrolls, change in private payrolls, change in non-farm payrolls and consumer credit.

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Significant Economic Factors to Impact the Pair EUR/USD


List of major economic events to affect the trading of the pair EUR/USD for the week ending April 6th, 2012 are as under:

On Monday, April 2nd, purchasing managers’ index for Italy, Germany and France was released in euro zone while the single currency region published its separate report on unemployment rate. Italy also reported its data on new car registration and budget balance. In United States, data on construction spending, unemployment rate, ISM manufacturing and ISM prices paid was reported while US Federal Reserve’s official Pianalto addressed at an event in Ohio regarding US monetary policy.

Today on Tuesday, data on producer price index was reported in the euro zone while United States published its data on factory orders and ISM for New York. Minutes of latest FOMC meeting were also expected in United States today.

On Wednesday, April 4th, 2012, purchasing managers’ index for services sector will be released in Germany, France and Italy while the a separate figure of PMI for composite and services sector will be released in the euro zone. Germany is to report its data on Factory orders while Italy will publish its deficit to GDP ratio. Moreover, data on retail sales is also expected in the euro zone.

In United States, data on domestic vehicle sales, MBA mortgage applications, employment change by ADP, ISM non manufacturing index and data on crude oil, gasoline and distillates inventories by EIA will be published.

On Thursday, April 5th, data on German industrial production will be reported in the euro zone while in United States, several economic indicators will be published which will include, challenger job cuts, data on initial jobless claims, continuing claims and data on natural gas supplies by EIA.

On Friday, April 6th, United States will report its data on unemployment rate, change in household employment, average hourly earnings, change in manufacturing payrolls, change in private payrolls, change in non-farm payrolls and consumer credit.

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Weekly Outlook-British Pound


On Monday, in United States, data on pending home sales and Dallas Fed’s manufacturing activity was published. Chicago’s Federal Reserve Bank also reported its Nat Activity index.

On Tuesday, in United Kingdom data on nationwide house prices and CBI sales was reported while Switzerland published its consumption indicator.

In United States, data on consumer confidence, Case Shiller Home price index and manufacturing index by Richmond’s Fed was released. Moreover, US Federal Reserve’s Chairman Ben Bernanke also gave a lecture at George Washington University.

On Wednesday, in United Kingdom, data on total business investment, current account and gross domestic product will be reported. In United States, data on durable goods orders is expected while US Department of Energy will report its data on crude oil, gasoline and distillates stockpiles.

On Thursday, in United States will report its data on personal consumption, gross domestic product, initial jobless claims, continuing claims and manufacturing activity in Kansas city. Energy Information Administration will release its data on natural gas supplies while US Federal Reserve’s Chairman, Ben Bernanke will give lecture at George Washington University. In Canada, data on industrial product price is expected. in United Kingdom, data on index of services, net consumer credit, M4 money supply, mortgage approvals and net lending on dwelling will be reported.

On Friday, United States will report its data on consumer expenditure, personal spending, gross domestic product and personal income. Moreover, University of Michigan will also publish its data on consumer confidence.

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