TOOLS TRADES

Jan

GDT Price Index (NZD) – 06/01

: Donald Herison; 06 January 2015; Hits: 1107

What is it? It checks the change in the average price of dairy products sold at auction.

It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income.

When? January 6^th at 8:30am Eastern Time.

Trading Tip: If the number is higher than the forecast, you can expect the NZD to rise.

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Jan

Services PMI (GBP) – 06/01

: Donald Herison; 06 January 2015; Hits: 1018

What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the services industry.

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

When? January 6^th at 4:30am Eastern Time.

Trading Tip: If the number is higher than the forecast, you can expect the GBP to rise.

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Jan

Spanish Services PMI (EUR) – 06/01

: Donald Herison; 06 January 2015; Hits: 1091

What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the services industry.

It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation.

When? January 6^th at 3:15am Eastern Time.