DailyFX - FXstreet.com

ECONOMIC RELEASES
Last 24 Hours
Daily Effects
March 7, 2007
Currency GMT Release Actual Previous Comments
AUD 22:30
AiG Performance of Construction Index
(FEB)
51.7 48.4 Moved higher on employment and spending.
AUD 22:30 Reserve Bank of Australia Rate Decision 6.25% 6.25%
Rates unchanged on lack of present
inflationary concern.
JPY 23:50 Official Reserve Assets (FEB) $905.0B $895.4B New record, second-largest to China.
AUD CashCard Retail Index (MoM) (FEB) -0.6% 0.9% Signs of lower credit card borrowing.
GBP 0:01 Nationwide Consumer Confidence (FEB) 85 84 Britons expected economy to stay strong.
AUD 0:30 Gross Domestic Product (QoQ) (4Q) 1.0% 0.3% Quarterly growth doubled estimates on
AUD 0:30 Gross Domestic Product (YoY) (4Q) 2.8% 2.2% capital expenditure and consumption.
NZD 2:00 ANZ Commodity Price Index (FEB) 1.6% 1.3% Raw material prices inched higher.
JPY 5:00 Coincident Index (JAN P) 55.6% 75.0% Lower leading indicator suggested growth
JPY 5:00 Leading Economic Index (JAN P) 35.0% 31.8% will slow from previously torrid pace.
AUD 5:30 Foreign Reserves (Australian dollars) (FEB) $68B 76.8B Fall on foreign exchange holdings.
CHF 6:45 Unemployment Rate (FEB) 3.2% 3.3% Reached fresh 4-year lows, supported solid
CHF 6:45 Unemployment Rate sa (FED) 3.0% 3.0% spending and economic growth.
EUR 11:00 German Factory Orders sa (MoM) (JAN) -1.0% -0.2% Results were mixed as prior month adjusted
EUR 11:00 German Factory Orders nsa (YoY) (JAN) 7.8% 1.7% higher.
USD 12:00 MBA Mortgage Applications (MAR 2) 7.3% 3.2%
Rose as lower borrowing costs boosted
home purchases and refinancing.
USD 13:15 ADP Employment Change (FEB) 57K 126K Levels drop on seasonal employment shifts.
USD 15:30 EIA Crude Oil Stocks -- 1.4M
Stocks fell on short crude demands during
the summer.
USD 20:00 Consumer Credit (JAN) $6.4B $6.0B
Price concessions on goods boosted
spending.
NZD 20:00 Reserve Bank of New Zealand Rate Decision 7.50% 7.25% Rate hike was introduced to fight inflation.
NZD 21:45 Terms of Trade Index (QoQ) (4Q) 2.4% -1.9%
Falling import prices has helped drive terms
of trade higher from previous quarter.
GLOBAL MARKETS
Markets Close Change Comments
Dow 12192.45 -15.14 Market fell as the nation's second-largest homebuilder darkened the outlook on
S&P 500 1391.97 -3.44 housing.
Nikkei 16764.62 -79.88 Japanese stocks fell, led by weaker earnings growth on Canon and Sony.
FTSE 6156.50 +18.00
DAX 6617.75 +22.75
European stocks advanced for a second day as investors bet takeovers will increase
retail and gaming industries.
Gold 649.10 +2.60 Rises on expectations rebounding equity markets will lead to demand for risky metal.
Crude Oil (WTI) 61.79 +1.10 Energy complex receives a boost on depleted inventory numbers
USD Index 83.75 -0.29 Extends decline as Beige Book shows weak expansion in several sectors.
US 10-Year (Yld) 4.487 -4bp Treasury advanced as investors seek refuge from falling stocks.
Bund - 10 Year
(Yld)
Gilt - 10 Year (Yld)
3.912
4.76
+0bp
+0bp
European bonds drop for a third day on the speculation that raising interest rates is
likely.
JGB - 10 Year (Yld) 1.610 +0bp Japanese bond futures gained as stock slump revives debt demand.
The information contained herein is derived from sources we believe to be reliable, but of which we have not independently verified. FXCM, L.L.C.® assumes no responsibility for errors, inaccuracies or
omissions in these materials, nor shall it be liable for damages arising out of any person’s reliance upon this information. FXCM, L.L.C.® does not warrant the accuracy or completeness of the information, text,
graphics, links or other items contained within these materials. FXCM, L.L.C.® shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues,
or lost profits that may result from these materials. Opinions and estimates constitute our judgment and are subject to change without notice. Past performance is not indicative of future results.