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: Tuesday 30, September 2014

Dollar operates a healthy pullback

US equity market struggled in vain to close in the green yesterday and Asian bourses also encountered difficulties to perform due to a return of risk off sentiment amongst investors around the globe.

Full Briefing

Calendar

Economic Calendar: Tuesday 30 September 2014

Last updated at 4:02pm

  • France

    Consumer Spending

    Low Impact
    Previous: -0.7%Forecast: -0.2%Actual: 0.7%

    This indicator measures the overall expenditure by households in an economy by consumers. Consumer spending makes up a large portion of the economy, and is an excellent measure for short-term demand.

  • France

    PPI Y/Y

    Low Impact
    Previous: -0.6%Forecast: -0.5%Actual: -1.4%

    The Producer Price Index (PPI) measures the average change over time in the selling prices for goods and services which domestic producers charge for their output. PPI is used as an early measure for inflation as higher costs at the production stage are passed onto consumers as higher retail prices.

  • France

    PPI M/M

    Low Impact
    Previous: -0.3%Forecast: 0%Actual: -0.3%

    The Producer Price Index (PPI) measures the average change over time in the selling prices for goods and services which domestic producers charge for their output. PPI is used as an early measure for inflation as higher costs at the production stage are passed onto consumers as higher retail prices.

  • Switzerland

    KOF Leading Indicator

    Medium Impact
    Previous: 99.5Forecast: 99Actual: 99.1

    The KOF Swiss Leading Indicator is released by the Konjunkturforschungsstelle Swiss Institute for Business Cycle Research and is a measure of the overall economic activity conducted together with the leading indicator. It calculates the degree of GDP growth and prevailing economic trends in Switzerland.

  • Germany

    Unemployment Change

    High Impact
    Previous: 2000Forecast: -2000Actual: 12000

    This indicator shows the change in unemployment for that measured period.

  • Germany

    Unemployment Rate

    High Impact
    Previous: 6.7%Forecast: 6.7%Actual: 6.7%
  • United Kingdom

    GDP Final Y/Y

    High Impact
    Previous: 3.2%Forecast: 3.2%Actual: 3.2%
  • United Kingdom

    GDP Final q/q

    High Impact
    Previous: 0.8%Forecast: 0.8%Actual: 0.9%
  • United Kingdom

    Current Account

    High Impact
    Previous: -18.5BlnForecast: -18BlnActual: -23.1Bln

    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.

  • Euro Zone

    CPI Core y/y Advance

    High Impact
    Previous: 0.9%Forecast: 0.9%Actual: 0.7%
  • Euro Zone

    CPI Estimate Y/Y

    High Impact
    Previous: 0.4%Forecast: 0.3%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.

  • Euro Zone

    Unemployment Rate

    High Impact
    Previous: 11.5%Forecast: 11.5%Actual: 11.5%
  • Canada

    GDP m/m

    High Impact
    Previous: 0.3%Forecast: 0.3%Actual: 0%
  • Canada

    GDP Y/Y

    High Impact
    Previous: 3.1%Forecast: -Actual: 2.5%
  • United States

    Chicago Purchasing Manager Index (PMI)

    Medium Impact
    Previous: 64.3Forecast: 62Actual: 60.5

    This indicator is a business barometer which measures business conditions in the regions of Illinois, Indiana and Michigan. The Chicago Fed PMI is based on surveys of purchasing managers’ across these regions.

  • United States

    Consumer Confidence Index

    High Impact
    Previous: 92.4Forecast: 92.5Actual: 86

    This survey shows how consumers feel about business conditions, their spending and their employment conditions. Rising consumer confidence, points at more spending by consumers and at improved business conditions. A slowing consumer confidence figure on the other hand indicates lower spending and decreased business activity.

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