- Retail Sales, Germany
The report displays the retail sector performance in the short term by the change in percentage. The changes are widely accepted as a consumer spending indicator. Positive economic growth indicates potential bullish sentiment for the euro, while a negative reading is seen as bearish for the euro.
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- Gross Domestic Product, eurozone
The Eurostat's Gross Domestic Product report is a measure of the total value of all goods and services produced by the eurozone. GDP is considered a broad measure of eurozone economic activity and health. A positive reading indicates potential bullish sentiment for the euro, while a negative reading is seen as bearish for the euro.
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- Unemployment Rate, New Zealand
The Unemployment Rate released by Statistics New Zealand measures the number of unemployed workers in the civilian labour force. If the rate is up, it indicates a lack of expansion within the New Zealand labour market. A rise leads to weakening the New Zealand economy. A decrease in the unemployment rate generates bullish sentiment for the New Zealand dollar, while an increase in the rate produces bearish sentiment
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- Consumer Price Index, eurozone
The eurozone CPI report released by Eurostat captures the changes in the price of goods and services. The CPI measures changes in purchasing trends and inflation in the eurozone. Generally, a high reading anticipates a hawkish attitude, which will be positive, or bullish, for the EUR, while a low reading is seen as negative, or bearish.
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- ISM Non-Manufacturing PMI, USA
The ISM Non-Manufacturing Index released by the Institute for Supply Management (ISM) shows business conditions within the U.S. non-manufacturing sector. It is worth noting that the non-manufacturing sector does not influence GDP as much as the ISM Manufacturing Index does. A result above 50 is positive, or bullish, for the dollar.
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- BoE Interest Rate Decision, UK
The BoE Interest Rate Decision is announced by the Bank of England. If the BoE is hawkish about the economy's inflationary outlook and raises the interest rates, it is positive, or bullish, for the GBP. Likewise, if the BoE has a dovish view on the U.K. economy and keeps or cuts the interest rate, it is seen as negative or bearish.
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- Nonfarm Payrolls, USA
The Nonfarm payrolls released by the U.S. Department of Labor present the number of people on all non-agricultural businesses' payrolls. The monthly changes in payrolls can be excessively volatile. Generally speaking, a high reading is seen as positive, or bullish, for the USD, while a low reading is seen as negative, or bearish.
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