Forex Fundamental Analysis and News

Forex Fundamental Analysis and News attempts to gauge the overall state of the economy, by evaluating factors such as interest rates, production, earnings, and investor confidence. Forex Fundamental Analysis and News attempts to determine the real value of a currency based on the condition of the factors underlying the respective economy.

Daily Forex News

Morning Briefing: Monday 02, March 2015

China cuts rates, pushes yen to two-week low

Asian stocks rallied to start the week as the Japanese yen slipped to a two-week low after China cut interest rates on Saturday

Full Briefing

Calendar

Economic Calendar: Monday 02 March 2015

Last updated at 4:02pm

  • Switzerland

    PMI Manufacturing

    Low Impact
    Previous: 48.2Forecast: 47.3Actual: 47.3

    The Manufacturing PMI Index is considered as an indicator of the economic health of the manufacturing industry. The PMI index is compiled by measuring five major sub-indicators: production, new orders, supplier deliveries, employment environment and inventory levels.

  • France

    PMI Manufacturing

    Medium Impact
    Previous: 47.7Forecast: 47.7Actual: 47.6

    The Manufacturing PMI Index is considered as an indicator of the economic health of the manufacturing industry. The PMI index is compiled by measuring five major sub-indicators: production, new orders, supplier deliveries, employment environment and inventory levels.

  • Germany

    PMI Manufacturing

    Medium Impact
    Previous: 50.9Forecast: 50.9Actual: 51.1

    The Manufacturing PMI Index is considered as an indicator of the economic health of the manufacturing industry. The PMI index is compiled by measuring five major sub-indicators: production, new orders, supplier deliveries, employment environment and inventory levels.

  • Euro Zone

    PMI Manufacturing

    Medium Impact
    Previous: 51.1Forecast: 51.1Actual: 51

    The Manufacturing PMI Index is considered as an indicator of the economic health of the manufacturing industry. The PMI index is compiled by measuring five major sub-indicators: production, new orders, supplier deliveries, employment environment and inventory levels.

  • United Kingdom

    M4

    Low Impact
    Previous: 0.1%Forecast: -Actual: -0.8%
  • United Kingdom

    Mortgage Approvals

    Medium Impact
    Previous: 60300Forecast: 61000Actual: 60800

    This is a monthly figure published by the British Bankers Association (BBA) which is considered as a leading indicator for the British economy. It shows the number of mortgage or home loans collectively approved by members of the BBA.

  • United Kingdom

    PMI Manufacturing

    Medium Impact
    Previous: 53Forecast: 53.3Actual: 54.1

    The Manufacturing PMI Index is considered as an indicator of the economic health of the manufacturing industry. The PMI index is compiled by measuring five major sub-indicators: production, new orders, supplier deliveries, employment environment and inventory levels.

  • Euro Zone

    CPI Core y/y Advance

    High Impact
    Previous: 0.6%Forecast: 0.6%Actual: 0.6%
  • Euro Zone

    Unemployment Rate

    High Impact
    Previous: 11.4%Forecast: 11.4%Actual: 11.2%
  • Euro Zone

    CPI Estimate Y/Y

    High Impact
    Previous: -Forecast: -0.5%Actual: -0.3%

    This flash estimate is based on the results from the first countries of the EU to publish their national estimates. It gives an early indication of what the HICP is likely to show when the full data set is available. According to Eurostat the aim of the flash inflation estimates is to predict as accurately as possible the actual inflation rate released later.

  • United States

    PCE Core M/M

    Medium Impact
    Previous: 0%Forecast: 0.1%Actual: 0.1%

    CPI measures changes in the cost of living and is the headline figure to calculate inflationary pressures in an economy. This is the most effective way of measuring purchasing power of a particular currency in that economy. A higher inflation reading means one unit of currency has less purchasing power and can buy fewer goods and services. The CPI reading has a direct influence on monetary policy as policymakers may alter interest rates to address rising or declining inflation.

  • United States

    Personal Spending

    Medium Impact
    Previous: -0.3%Forecast: -0.1%Actual: -0.2%

    This number includes expenses that are considered of a personal nature such as dining out or shopping. Households would first cut back on these expenses so it may be an important data point to watch.

  • United States

    Personal Income

    Medium Impact
    Previous: 0.3%Forecast: 0.4%Actual: 0.3%

    This number represents the total income of a household including salaries and rental income.

  • United States

    PCE Core Y/Y

    Medium Impact
    Previous: 1.3%Forecast: 1.3%Actual: 1.3%
  • United States

    PCE Deflator Y/Y

    Medium Impact
    Previous: 0.7%Forecast: 0.2%Actual: 0.2%
  • Canada

    Current Account

    Low Impact
    Previous: -8.4BlnForecast: -12.5BlnActual: -13.9Bln

    Current account measures trade and investment relationships of a country with the rest of the world. In case the current account balance deteriorates, the value of the currency will erode as well and vice versa.

  • United States

    PMI Manufacturing

    Medium Impact
    Previous: 54.3Forecast: 54.3Actual: 55.1

    The Manufacturing PMI Index is considered as an indicator of the economic health of the manufacturing industry. The PMI index is compiled by measuring five major sub-indicators: production, new orders, supplier deliveries, employment environment and inventory levels.

  • United States

    Construction Spending M/M

    Medium Impact
    Previous: 0.4%Forecast: 0.3%Actual: -1.1%

    This indicator gauges the overall spending in the construction sector. This is a fforward looking indicator, since builders will only invest in new construction projects if they believe overall economic conditions are good and favour investment.

  • United States

    ISM Manufacturing Survey

    High Impact
    Previous: 53.5Forecast: 53Actual: 52.9

    The Institute for Supply Management (ISM) Manufacturing Index shows business conditions in the US manufacturing sector. It is a significant indicator of the overall economic conditions in the US. This indicator is watched closely by traders since it is the first monthly report that focuses on manufacturing. A result above 50 is seen as positive (or bullish) for the USD, whereas a result below 50 is seen as negative (or bearish).

Read MoreEconomic Calendar

Forecast

Weekly Forecast: 14 May 2014

Yen slips as investors take on risk

Emman Xuereb

Global equity markets rallied at the start of the week dampening demand for safe-haven assets. The yen slipped for the third consecutive day on Tuesday versus the dollar on signs that tensions between Russia and Ukraine were abating.

Read the Article