1. DAILY I FOREX REPORT
22ND FEBRUARY 2013
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2. HEADLINES
Dollar Sees Biggest Rally In
8 Months After FOMC
Minutes
GBP/USD Collapses And
EUR/USD On The Verge
Awaiting Risk
TRADING TIPS EUR/USD- Trading the U.S.
Consumer Price Report
SELL EURUSD BELOW
1.3177 tgs Euro Declines as the Output Index
1.3163/1.3149 sl 1.3197 Ceases to Uptrend
The Euro declined about 70 points
against the US Dollar as the Euro-zone
SELL USDJPY BELOW composite output index reversed
direction following four months of
93.14 tgt 93.00/92.85 improved results. The composite index
SL 93.34 for output fell to 47.3 in February,
disappointing expectations for 49.0 and
down from 48.6 in January. The
Purchasing Managers’ Index for
SELL GBPUSD BELOW manufacturing was reported at 47.8, and
1.5131 tgt the PMI for services came in at 47.3, as
both indexes were worse than expected.
1.5111/1.5091 SL Markit’s PMI measures the expansion or
1.5161 contraction in sector activity, based on a
50.0 neutral point.
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8. ECONOMIC CALENDER
Date Time Currency Event Importance Actual Forecast Previous Notes
Sun NZD Performance Services
Feb 17
21:30 Low 52.6 51.5
Index (JAN)
Mon CNY Actual FDI (YoY)
Medium -4.2% -4.5%
Feb 18 (JAN)
GBP Rightmove House
00:01 Medium 1.1% 2.4%
Prices (YoY) (FEB)
GBP Rightmove House
00:01 Low 2.8% 0.2%
Prices (MoM) (FEB)
AUD New Motor Vehicle
00:30 Low 10.8% 17.9%
Sales (YoY) (JAN)
AUD New Motor Vehicle
00:30 Low -2.4% 2.2%
Sales (MoM) (JAN)
JPY Machine Tool Orders
06:00 Medium -26.4% -26.1%
(YoY) (JAN F)
EUR Bank of Spain
09:00 Publishes Bad Loans Data Medium 10.44% 11.38%
(Dec)
EUR Euro-Zone Current
09:00 Low 13.9B 15.9B
Account s.a. (euros) (DEC)
EUR Euro-Zone Current
09:00 Account n.s.a. (euros) Low 27.0B 20.8B
(DEC)
EUR EU President Van
Rompuy Speaks to
13:00 High
Parliament on Proposed
Budget
EUR ECB's Draghi Speaks
14:30 High
at EU Parliament
JPY BOJ Minutes for
23:50 High
Meeting on Jan. 21-22
Tue AUD RBA Policy Meeting -
Feb 19
00:30 High
February Minutes
05:00 JPY Leading Index (DEC F) Medium 93.4
JPY Coincident Index (DEC
05:00 Low 92.7
F)
JPY Tokyo Department
05:30 Low -1.1%
Store Sales (YoY) (JAN)
JPY Nationwide
05:30 Department Store Sales Low -1.3%
(YoY) (JAN)
EUR EU 25 New Car
07:00 Low -16.3%
Registrations (JAN)
9. EUR German ZEW Survey
10:00 (Economic Sentiment) High 35 31.5
(FEB)
EUR German ZEW Survey
10:00 Medium 9 7.1
(Current Situation) (FEB)
EUR Euro-Zone ZEW
10:00 Survey (Economic Medium 31.2
Sentiment) (FEB)
EUR Euro-Zone
10:00 Construction Output w.d.a. Low -4.7%
(YoY) (DEC)
EUR Euro-Zone
10:00 Construction Output s.a. Low -0.4%
(MoM) (DEC)
CAD Wholesale Sales
13:30 Low -0.4% 0.7%
(MoM) (DEC)
CAD International
13:30 Securities Transactions Low 6.75B 5.62B
(Canadian dollar) (DEC)
USD NAHB Housing
15:00 Low 48 47
Market Index (FEB)
NZD Producer Prices-
21:45 Low -0.9%
Outputs (QoQ) (4Q)
NZD Producer Prices-
21:45 Low -1.0%
Inputs (QoQ) (4Q)
AUD Conference Board
23:00 Medium -0.2%
Leading Index (DEC)
AUD Westpac Leading
23:30 Low 0.6%
Index (MoM) (DEC)
JPY Merchandise Trade
23:50 Medium -¥1384.0B -¥641.5B
Balance Total (Yen) (JAN)
JPY Merchandise Trade
23:50 Low 2.1 1.9
Imports (YoY) (JAN)
JPY Merchandise Trade
23:50 Low 5.6 -5.8
Exports (YoY) (JAN)
JPY Adjusted Merchandise
23:50 Low -¥586.7B -¥800.7B
Trade Balance (Yen) (JAN)
Wed USD Mortgage
Feb 20
Low 7.4%
Delinquencies (4Q)
USD MBA Mortgage
Low 4.1%
Foreclosures (4Q)
AUD Wage Cost Index
00:30 Low 0.8% 0.7%
(QoQ) (4Q)
AUD Wage Cost Index
00:30 Low 3.4% 3.7%
(YoY) (4Q)
JPY Bank Of Japan Board
01:30 Member Morimoto Speaks Low
in Kochi
JPY All Industry Activity
04:30 Medium 1.6% -0.3%
Index (MoM) (DEC)
EUR German Consumer
07:00 High 1.7% 1.7%
Price Index (YoY) (JAN F)
10. EUR German Consumer
07:00 Price Index - EU High 1.9% 1.9%
Harmonised (YoY) (JAN F)
EUR German Producer
07:00 Medium 1.2% 1.5%
Prices (YoY) (JAN)
EUR German Consumer
07:00 Medium -0.5% -0.5%
Price Index (MoM) (JAN F)
EUR German Consumer
07:00 Price Index - EU Medium -0.7% -0.7%
Harmonised (MoM) (JAN F)
JPY Convenience Store
07:00 Low -2.0%
Sales (YoY) (JAN)
EUR German Producer
07:00 Low 0.3% -0.3%
Prices (MoM) (JAN)
GBP Jobless Claims
09:30 High -5.5K -12.1K
Change (JAN)
GBP Bank of England
09:30 Releases Monetary Policy High
Committee Minutes
GBP ILO Unemployment
09:30 Medium 7.7% 7.7%
Rate (3M) (DEC)
GBP Employment Change
09:30 Medium 117K 90K
(3M/3M) (DEC)
GBP Claimant Count Rate
09:30 Medium 4.8% 4.8%
(JAN)
GBP Average Weekly
09:30 Medium 1.4% 1.5%
Earnings (3M/YoY) (DEC)
GBP Weekly Earnings
09:30 Low 1.3% 1.4%
exBonus (3M/YoY) (DEC)
CHF ZEW Survey
10:00 Medium -6.9
(Expectations) (FEB)
USD MBA Mortgage
12:00 Low -6.4%
Applications (FEB 15)
USD Producer Price Index
13:30 Medium 1.5% 1.3%
(YoY) (JAN)
USD Producer Price Index
13:30 Medium 0.4% -0.3%
(MoM) (JAN)
USD Producer Price Index
13:30 Ex Food & Energy (YoY) Medium 1.7% 2.0%
(JAN)
USD Housing Starts (MoM)
13:30 Medium -3.6% 12.1%
(JAN)
USD Producer Price Index
13:30 Ex Food & Energy (MoM) Low 0.2% 0.1%
(JAN)
13:30 USD Housing Starts (JAN) Low 920K 954K
USD Building Permits
13:30 Low 1.2% 1.0%
(MoM) (JAN)
USD Building Permits
13:30 Low 920K 909K
(JAN)
11. CAD Teranet/National Bank
14:00 Low 153.45
HP Index (JAN)
CAD Teranet/National Bank
14:00 Low 3.1%
HPI (YoY) (JAN)
CAD Teranet/National Bank
14:00 Low -0.2% -0.4%
HPI (MoM) (JAN)
EUR Euro-Zone Consumer
15:00 Medium -23.2 -23.9
Confidence (FEB A)
USD Fed Releases Minutes
19:00 from Jan 29-30 FOMC High
Meeting
NZD ANZ NZ Job Ads
21:00 Low 0.4%
(MoM) (JAN)
JPY Japan Buying Foreign
23:50 Low -¥228.6B
Stocks (Yen) (FEB 15)
JPY Japan Buying Foreign
23:50 Low -¥645.0B
Bonds (Yen) (FEB 15)
JPY Foreign Buying Japan
23:50 Low ¥212.9B
Stocks (Yen) (FEB 15)
JPY Foreign Buying Japan
23:50 Low -¥261.6B
Bonds (Yen) (FEB 15)
AUD RBA Foreign
Thu
00:30 Exchange Transaction Low 752M
Feb 21
(Australian dollar) (JAN)
CNY MNI February Flash
01:35 Business Sentiment Low
Indicator
CNY Conference Board
02:00 China January Leading Low
Economic Index
JPY Supermarket Sales
05:00 Low -1.5%
(YoY) (JAN)
CHF Trade Balance (Swiss
07:00 Medium 1.70B 1.00B
franc) (JAN)
07:00 CHF Imports (MoM) (JAN) Low 5.5%
07:00 CHF Exports (MoM) (JAN) Low 0.3% -1.5%
EUR French Purchasing
08:00 Manager Index Services Low 44.4 43.6
(FEB P)
EUR French Purchasing
08:00 Manager Index Low 43.8 42.9
Manufacturing (FEB P)
CHF Real Estate Index
08:00 Low 413.1
Family Homes (4Q)
CHF Money Supply M3
08:00 Low 9.8%
(YoY) (JAN)
EUR German Purchasing
08:30 Manager Index Services Medium 55.5 55.7
(FEB A)
EUR German Purchasing
08:30 Medium 50.5 49.8
Manager Index
12. Manufacturing (FEB A)
EUR Euro-Zone Purchasing
09:00 Manager Index Services Medium 49 48.6
(FEB A)
EUR Euro-Zone Purchasing
09:00 Manager Index Medium 48.5 47.9
Manufacturing (FEB A)
EUR Euro-Zone Purchasing
09:00 Manager Index Composite Medium 49 48.6
(FEB A)
GBP Public Sector Net
09:30 Medium -9.5B 13.2B
Borrowing (Pounds) (JAN)
GBP Public Finances
09:30 Medium -35.0B 1.3B
(PSNCR) (Pounds) (JAN)
GBP PSNB ex
09:30 Medium -8.7B 15.4B
Interventions (JAN)
GBP CBI Trends Selling
11:00 Low 15 21
Prices (FEB)
GBP CBI Trends Total
11:00 Low -15 -20
Orders (FEB)
USD Consumer Price Index
13:30 High 1.6% 1.7%
(YoY) (JAN)
USD Consumer Price Index
13:30 Ex Food & Energy (YoY) High 1.8% 1.9%
(JAN)
USD Initial Jobless Claims
13:30 Medium 355K 341K
(FEB 16)
USD Consumer Price Index
13:30 Medium 0.1% 0.0%
(MoM) (JAN)
USD Consumer Price Index
13:30 Ex Food & Energy (MoM) Medium 0.2% 0.1%
(JAN)
USD Continuing Claims
13:30 Low 3150K 3114K
(FEB 9)
USD Consumer Price Index
13:30 Low 230.304 229.601
n.s.a. (JAN)
USD Consumer Price Index
13:30 Low 231.938 231.475
Core Index s.a. (JAN)
USD Markit US PMI
13:58 Medium 55.5
Preliminary (FEB)
USD Philadelphia Fed.
15:00 Medium 1 -5.8
(FEB)
USD Leading Indicators
15:00 Medium 0.2% 0.5%
(JAN)
USD Existing Home Sales
15:00 Medium -0.8% -1.0%
(MoM) (JAN)
USD Existing Home Sales
15:00 Low 4.90M 4.94M
(JAN)
USD API Monthly Statistical
15:00 Low
Report
13. USD EIA Natural Gas
15:30 Low -157
Storage Change (FEB 15)
USD DOE U.S. Distillate
16:00 Low -3677K
Inventory (FEB 15)
USD DOE U.S. Crude Oil
16:00 Low 560K
Inventories (FEB 15)
USD DOE Cushing OK
16:00 Low -1118K
Crude Inventory (FEB 15)
USD DOE U.S. Gasoline
16:00 Low -803K
Inventories (FEB 15)
USD Fed's Bullard Speaks
17:30 About Monetary Policy in Low
New York
USD Fed's Williams Speaks
18:00 on Monetary Policy in New Low
York
Fri CNY China January
01:30 Medium
Feb 22 Property Prices
NZD Credit Card Spending
02:00 Medium 1.0%
s.a. (MoM) (JAN)
NZD Credit Card Spending
02:00 Medium 4.6%
(YoY) (JAN)
USD Fed's Fisher Speaks
02:15 Low
on Economy in Dallas ()
EUR German Gross
07:00 Domestic Product w.d.a. High 0.4% 0.4%
(YoY) (4Q F)
EUR German Gross
07:00 Domestic Product s.a. High -0.6% -0.6%
(QoQ) (4Q F)
EUR German Gross
07:00 Domestic Product n.s.a. High 0.1% 0.1%
(YoY) (4Q F)
EUR German Private
07:00 Low 0.1% 0.3%
Consumption (4Q)
07:00 EUR German Imports (4Q) Low -1.0% 1.0%
EUR German Government
07:00 Low 0.2% 0.4%
Spending (4Q)
07:00 EUR German Exports (4Q) Low -2.0% 1.4%
EUR German Domestic
07:00 Low -0.1% 0.0%
Demand (4Q)
EUR German Construction
07:00 Low -0.8% 1.5%
Investment (4Q)
EUR German Capital
07:00 Low -1.3% 0.2%
Investment (4Q)
EUR German IFO - Current
09:00 Medium 108.5 108
Assessment (FEB)
EUR German IFO -
09:00 Medium 104.9 104.2
Business Climate (FEB)
14. EUR German IFO -
09:00 Medium 101.4 100.5
Expectations (FEB)
EUR EU Issues Winter
10:00 Economic Forecasts in Medium
Brussels
CAD Consumer Price Index
13:30 High 0.7% 0.8%
(YoY) (JAN)
CAD Bank Canada
13:30 Consumer Price Index Core High 1.1% 1.1%
(YoY) (JAN)
CAD Retail Sales (MoM)
13:30 Medium -0.4% 0.2%
(DEC)
CAD Consumer Price Index
13:30 Medium 0.2% -0.6%
(MoM) (JAN)
CAD Bank Canada
13:30 Consumer Price Index Core Medium 0.2% -0.6%
(MoM) (JAN)
CAD Retail Sales Less
13:30 Low 0.1% -0.3%
Autos (MoM) (DEC)
CAD Core CPI s.a. (MoM)
13:30 Low 0.1%
(JAN)
CAD Consumer Price Index
13:30 Low -0.1%
s.a. (MoM) (JAN)
CAD Consumer Price Index
13:30 Low 121.2
(JAN)
USD Fed's Powell,
15:15 Rosengren Speak in New Low
York
USD Fed's Tarullo Speaks
23:30 Low
on Regulation in New York
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