What is it? It checks the level of a composite index based on surveyed manufacturers, builders, wholesalers, and retailers.

It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.

Usual Effect: If the number is higher than the forecast, you can expect the EUR to rise.

When? October 27th at 5:00am Eastern Time.

Trading Tip: This announcement can greatly affect the EUR, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

Amazon is Doing Badly this Year and it's Showing

Asian Markets are Mixed

4 Tips for Today Trading - 24/10

Follow us and SHARE this story on Facebook/Twitter:

US stocks climbed following strong earnings and positive data. Caterpillar and 3M reported stronger than expected results causing a rally throughout the day. Initial Jobless Claims were slightly worse than expected, however, they remained below 300,000 for a sixth week.

Asian markets were mixed today. The Nikkei gained 1.01% as the Yen weakened against the US Dollar and this boosted exporters.

European markets are lower today as markets are skittish following news of an Ebola case in New York. Markets shrugged off positive data from Germany where the Gfk Consumer Climate beating expectations.

Oil climbed after strong data was released from the EU. The German Manufacturing PMI, overall Manufacturing PMI and Services PMI all beat expectations and pushed up demand for the commodity.  News that Saudi Arabia reduced oil supplies also added support. However, prices are once again falling as fears of slower global growth still hover on the market.

Gold is trading choppy after dropping yesterday following the positive data from the EU. Positive sentiment on the stock market has also cut demand for the metal. Traders should watch the US New Home Sales data at 2pm GMT as it may cause short term movement for the commodity.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

Asian Markets are Mixed

4 Tips for Today Trading - 24/10

New Home Sales (USD)

Follow us and SHARE this story on Facebook/Twitter:

Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

 1) Amazon Disappoints

Investors are getting fed up with the constant stream of losses at Amazon (AMZN, Tech30). Shares in the online retailer fell by about 10% premarket after the company reported a loss of $437 million in the last quarter, even though revenue was up 20%.

2) Market Moves

US stock futures were edging lower ahead of the start of trading after stock markets rallied the previous session.

European markets were all dipping lower in early trading. Asian markets ended mixed. The standout performer was the Nikkei in Japan, which rose by 1% after a volatile week.

3) Earnings

The flow of quarterly results continues into Friday. Ford (F), Bristol-Myers (BMY), Shire (SHPG), Colgate-Palmolive (CL) and Procter & Gamble (PG) are all set to report ahead of the open.

Meanwhile, investors are pushing Microsoft (MSFT, Tech30) shares up by 3% premarket in reaction to the company's latest earnings.

4) Economics

The US Census Bureau will release monthly data on new home sales for September.

In the UK, preliminary data show the British economy slowed a bit in the third quarter compared to the second. GDP grew by 0.7%, which was roughly in line with expectations, and by 3% over the same period last year.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

New Home Sales (USD)

Ebola Causes Dollar to Fall

Best Boobs Pranks

Follow us and SHARE this story on Facebook/Twitter:

What is it? It checks the annualized number of new single-family homes that were sold during the previous month.

It's a leading indicator of economic health because the sale of a new home triggers a wide-reaching ripple effect. For example, furniture and appliances are purchased for the home, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction.

Usual Effect: If the number is higher than the forecast, you can expect the USD to rise.

When? October 24th at 10:00am Eastern Time.

Trading Tip: This announcement can greatly affect the USD, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

Ebola Causes Dollar to Fall

Best Boobs Pranks

Prelim GDP (GBP)

Follow us and SHARE this story on Facebook/Twitter:

What is it? It checks the change in the inflation-adjusted value of all goods and services produced by the economy.

It's the broadest measure of economic activity and the primary gauge of the economy's health.

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

When? October 24th at 4:30am Eastern Time.

Trading Tip: This announcement can greatly affect the GBP, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

Amazon Lost Around $3billion Recently

Trade Balance (NZD)

Unemployment Claims (USD)

Follow us and SHARE this story on Facebook/Twitter:

US stocks dropped following mixed data and earnings reports while Asian markets also declined across the region.

European markets are mixed today after mixed data. Positive data was released from Europe including positive Manufacturing PMI data from Germany. However, data from the UK was disappointing.

Oil dropped sharply yesterday and reached its lowest price since 2012. Recent news of a slowdown in global demand coupled with falling demand are supporting the downwards movement. The price has now rebounded slightly as strong data from China and Europe boosted sentiment slightly.

Gold is falling as the Dollar strengthens. Positive economic data has also reduced fears of a slowdown resulting in less demand for safe haven assets.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

4 Tips for Today's Trading

Trade Balance (NZD)

Unemployment Claims (USD)

Follow us and SHARE this story on Facebook/Twitter:

Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

 1) Earnings

Quarterly results are due to come thick and fast Thursday. This morning, we'll hear from industrial giants, airlines and food firms.

There's more to watch after the close of trading. Tech heavyweights Amazon (AMZN, Tech30) and Microsoft (MSFT, Tech30), and famed casino giant Wynn Resorts (WYNN) will also be releasing results after the closing bell.

But that's not all! European bank Credit Suisse (CS) just reported better-than-expected third quarter results. Shares were edging high in morning trading.

2) Buffett's Bad Week Continues

Warren Buffett just can't seem to catch a break this week as another big investment hits the skids.

British grocery chain Tesco (TESO) just revealed a bigger-than-expected £263 million ($421 million) profit hole due to an accounting bungle. Its sales in the first half were also down. Buffett, through his investment company Berkshire Hathaway (BRKA), owns a significant stake.

Shares in Tesco fell by 5% in London. They're down 48% so far this year.

Buffett lost $2 billion in the first two days of this week on investments in IBM (IBM, Tech30) and Coca-Cola (KO).

3) Market Moves

US stock futures were pointing higher ahead of the open. The major indexes all fell by nearly 1% over the previous trading session.

European markets were mixed in early trading, while Asian markets ended with losses.

4) Economic Data

The US Department of Labor will be releasing data on weekly jobless claims at 8:30am ET.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

Trade Balance (NZD)

Unemployment Claims (USD)

Retail Sales (GBP)

Follow us and SHARE this story on Facebook/Twitter:

What is it? It checks the difference in value between imported and exported goods during the reported month.

Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.

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

When? October 23rd at 5:45pm Eastern Time.

Trading Tip: This announcement can greatly affect the NZD, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

Unemployment Claims (USD)

Retail Sales (GBP)

German Flash Manufacturing PMI (EUR)

Follow us and SHARE this story on Facebook/Twitter: