News and yesterday's biggest movers

Today's Top FX Market Movers 4-19-2006

GBPJPY +0.8%
GBPUSD +0.5%
AUDUSD +0.6%

Hey, let's see what's going on in the news for the rest of this week. I trade the news, yes I do!

Thu. 04/20	4:30am	UK	Consumer Price Index m/m		0.2%	0.4%	0.3%	[read]
Investica Analysis A figure way off expectations will be needed to provoke Bank of England action. Definition The Consumer Price Index (CPI) measures the rate of inflation experienced by consumers. The reading represents the monthly change in the average price of a fixed basket of goods and services purchased by consumers. Higher inflation generally leads to higher interest rates, which tend to strengthen the country's currency.
	4:30am	UK	Retail Price Index m/m		0.4%	0.5%	0.4%	[read]
Definition The Retail Price Index (RPI) measures the rate of inflation experienced by retailers. The reading represents the monthly change in the average price of a fixed basket of goods and services purchased by retailers. Higher inflation generally leads to higher interest rates, which tend to strengthen the country's currency.
	5:00am	E-12	Consumer Price Index m/m		0.6%	0.6%	0.3%	[read]
Investica Analysis A figure above 0.6% would reinforce expectations of a tough ECB stance. Definition The Consumer Price Index (CPI) measures the rate of inflation experienced by consumers. The reading represents the monthly change in the average price of a fixed basket of goods and services purchased by consumers. Higher inflation generally leads to higher interest rates, which tend to strengthen the country's currency.
	7:00am	CAN	Consumer Price Index m/m			0.4%	-0.2%	[read]
Definition The Consumer Price Index (CPI) measures the rate of inflation experienced by consumers. The reading represents the monthly change in the average price of a fixed basket of goods and services purchased by consumers. Higher inflation generally leads to higher interest rates, which tend to strengthen the country's currency.
	7:00am	CAN	CPI excl. Volatile Items m/m			0.3%	0.3%	[read]
Investica Analysis The Bank of Canada is likely to tighten next week unless the data is very weak. Definition This indicator is a derivative of the Consumer Price Index (CPI) that excludes the eight most volatile items.
	8:30am	USA	Unemployment Claims			310K	313K	[read]
Definition Measures the number of individuals who filed for unemployment insurance for the first time over the past week. A rising trend indicates a deteriorating labor market, which can weigh on the economy.
	10:00am	USA	Leading Indicators			0.1%	-0.2%	[read]
Definition Measures overall economic activity by combining ten indicators including factory workweek, new orders for consumer goods, new orders for nondefense capital goods, stock prices, initial jobless claims, vendor performance, building permits, money supply, consumer expectations and the spread between the 10-year note and the federal funds rate. Many of the components were previously reported which minimizes the indicator's market impact. The Conference Board publishes this indicator monthly.
	12:00pm	USA	Philadelphia Fed Index			15.0	12.3	[read]
Investica Analysis The figure is vulnerable to considerable monthly volatility Definition Measures the mood of manufacturers in the Philadelphia Federal Reserve District. The Philadelphia Fed conducts a monthly survey that asks respondents to rate their business on an assortment of indicators, concerning both the present situation and future expectations. The survey results are converted into a general index of business and manufacturing conditions within the Philadelphia Federal Reserve district.
	7:50pm	JPN	Tertiary Industry Index m/m			-1.0%	2.2%	[read]
Definition Measures the monthly change in production activity in Japan's service industries. Traders watch this indicator closely, as a rising trend generally leads to higher overall economic growth.
	7:50pm	JPN	All Industries Index m/m			-1.1%	1.4%	[read]
Definition Adds data from the primary sector (including fishing, farming, forestry, mining, and manufacturing) to the Tertiary Industry Index.
	9:30pm	AUS	Import Prices m/m			0.1%	0.4%	[read]
Definition Measures the monthly rate of inflation for imported goods.
Fri. 04/21	8:30am	CAN	Wholesale Sales m/m			-0.2%	1.8%	[read]
Definition Measures the monthly change in total value of sales at the wholesale level.
	8:30am	CAN	Retail Sales m/m			0.1%	1.4%	[read]
Definition Measures the monthly change in total value of sales at the retail level. A rising trend indicates higher consumer spending, which is an important driver of the economy.
	8:30am	CAN	Retail Sales excl. Autos m/m			0.1%	1.4%	[read]