Review of key events of week: December 31, 2013.« Back
December 31, 2013.
On Tuesday at 18:45 Moscow time it is expected given vent on the Index of business activity of Association of Managers in Chicago (2 bulls).
The Chicago Purchasing Managers' Index (PMI) determines the economic health of the manufacturing sector in Chicago region. A reading above 50 indicates expansion of the manufacturing sector; a reading below indicates contraction. The Chicago PMI can be of some help in forecasting the ISM manufacturing PMI.
Apparently on the screenshot given below according to the forecast reduction of such indicator with current 63,0 to 61,0 is expected.
However, if the actual value of an indicator is higher expected, it is necessary to consider the positive market for USD. That in turn can cause course fall on a currency pair of EUR/USD.
Further, at 19:00 Moscow time it is expected given vent on Trust of consumers of SV (3 bulls).
Conference Board (CB) Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. Higher readings point to higher consumer optimism.
Apparently on the screenshot given above according to the forecast the increase in such indicator with current 70,4 to 76,0 is expected.
However, if the actual value of an indicator is lower expected, it is necessary to consider the negative market for USD. That in turn can cause course increase on a currency pair of EUR/USD.
IMPORTANT! ! ! All news need to be rechecked since can be added new or are cancelled the earlier published. We look on a site Investing.com
To adjust an economic calendar under time of your city it is necessary to choose the time zone. As it becomes - you look on a screenshot below. Look for the city or the city, with which at your city identical time.
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