Mon Jul 30, 7:30pm (GMT +7:00) : CAD : Low Impact Expected : IPPI m/m

Source Statistics Canada (latest release)
Measures Change in the price of goods sold by manufacturers;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, about 30 days after the month ends;
Next Release Aug 29, 2008
FF Notes This is one of the few non-seasonally adjusted numbers reported on the calendar, as it's the primary calculation for this indicator. Only includes goods produced domestically;
Also Called Factory Gate Prices, Producer Prices;
Acronyms Industrial Product Price Index (IPPI);

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Mon Jul 30, 7:15pm (GMT +7:00) : USD : High Impact Expected : ADP Nonfarm Employment Change

Source Automatic Data Processing, Inc. (latest release)
Measures Estimated change in the number of employed people during the previous month, excluding the farming industry and government;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, around the end of the current month;
Next Release Sep 4, 2008
FF Notes Leads the government-released employment data by 2 days, and has slowly demonstrated its predictive qualities since its May 2006 debut;
Why Traders
Care Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;
Derived Via ADP provides payroll services to many corporations in the US. They use the data collected from their customers to derive the overall employment estimations;
Acronyms Automatic Data Processing, Inc. (ADP);

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Mon Jul 30, 4:00pm (GMT +7:00) : EUR : Low Impact Expected : Consumer Confidence

Measures the mood of consumers in regard to economic conditions. The reading is derived from a monthly survey that asks respondents to evaluate the prospects for the economy in the future. Higher readings point to higher consumer optimism. When consumers are optimistic they tend to purchase more goods and services, which stimulates the economy.

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Mon Jul 30, 8:30am (GMT +7:00) : AUD : High Impact Expected : Building Approvals m/m

Source Australian Bureau of Statistics (latest release)

Measures Change in the number of new building approvals issued;

Usual Effect Actual > Forecast = Good for currency;

Frequency Released monthly, about 30 days after the month ends;

Next Release Sep 2, 2008

Why Traders
Care It's an excellent gauge of future construction activity because obtaining government approval is one of the first steps in constructing a new building. Building construction is important because it produces a wide-reaching ripple effect - for example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder;

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