What is it? It checks the change in the price of goods and raw materials purchased by manufacturers.

It's a leading indicator of consumer inflation - when manufacturers pay more for goods the higher costs are usually passed on to the consumer.

When? February 18^th at 4:45pm Eastern Time

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

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What is it? It's a detailed record of the FOMC's most recent meeting, providing in-depth insights into the economic and financial conditions that influenced their vote on where to set interest rates.

When? February 18^th at 2:00pm Eastern Time

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the USD to rise.

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What is it? It checks the change in the price of finished goods and services sold by producers.

It's a leading indicator of consumer inflation - when producers charge more for goods and services the higher costs are usually passed on to the consumer.

When? February 18^th at 8:30am Eastern Time

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

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What is it? It checks the annualized number of new residential building permits issued during the previous month.

It's an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building.

When? February 18^th at 8:30am Eastern Time

If the actual number is higher than the forecast, you can expect the USD to rise.

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What is it? It checks the change in the total value of sales at the wholesale level.

It's a leading indicator of consumer spending - retailers generally order more goods from wholesalers when they expect consumer sales to increase.

When? February 18^th at 8:30am Eastern Time

If the actual number is higher than the forecast, you can expect the CAD to rise.

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What is it? The BOE's MPC meeting minutes contain the interest rate vote for each MPC member during the most recent meeting. The breakdown of votes provides insight into which members are changing their stance on interest rates and how close the committee is to enacting a rate change in the future.

When? February 18^th at 4:30am Eastern Time

If the announcement will hint towards higher interest rates, you can expect the GBP to rise.

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What is it? It checks the Change in the number of people claiming unemployment-related benefits during the previous month.

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.

When? February 18^th at 4:30am Eastern Time

If the actual number is lower than the forecast, you can expect the GBP to rise.

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What is it? It checks the change in the price businesses and the government pay for labor, including bonuses.

It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer.

When? February 18^th at 4:30am Eastern Time

If the actual number is higher than the forecast, you can expect the GBP to rise.

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During today’s early trading session, Asian markets traded lower as concerns over Greece continued to weigh down on sentiment. Yesterday talks between Greece and the European Union ended without reaching a compromise over extending the current bailout agreement, which is due to expire on February 28th.

During the European session, the Euro rebounded against the Dollar after yesterday’s sharp decline. On Tuesday the Euro dropped after talks between Greece and the EU collapsed without forming an agreement on the current €240 Billion Bailout. However, today trader’s sentiment was boosted after the release of positive data showing better than expected figures for the German ZEW Current Conditions and the release of the overall European ZEW Economic Sentiment. European stocks traded lower amid Greek concerns.

During today’s early US session, the USD index remained under pressure after the release of negative data.

Traders should await a number of important economic events taking place tomorrow including the BoJ Press conference, UK Average earnings index, USD PPI and the The Federal Open Market Committee (FOMC) Meeting Minutes.

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