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Tuesday, March 4, 2014

Fundamental for 5th March

Indian HSBC Services PMI
The Indian HSBC Services PMI is compiled by questionnaires sent to purchasing executives in around 350 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy. Index and the Services Business Activity Index, and is based on original survey data collected from a representative panel of over 800 companies based in the Indian manufacturing and service sectors. 
A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.
Date                 5th March
Time                 10:30 AM
Importance       1 Star
Currency           INR
Actual               48.8
Forecast        
Previous            48.3

Indian M3 Money Supply
Monetary aggregates, known also as "money supply", is the quantity of currency available within the economy to purchase goods and services. M3 is a broad monetary aggregate that includes all physical currency circulating in the economy (banknotes and coins), operational deposits in central bank, money in current accounts, saving accounts, money market deposits, certificates of deposit, all other deposits and repurchase agreements. 
A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.
Date                 5th March
Time                 02:00 PM
Importance       1 Star
Currency           INR
Actual          
Forecast        
Previous            14.3

Fundamental for TODAY

Indian Exports (USD)
The exports figure provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis.. A higher than expected number should be taken as positive to the INR, while a lower than expected number as negative
Date                 4th March
Time                 12:30 PM
Importance       1 Star
Currency           INR
Actual            
Forecast          
Previous            26.75 B

Indian Imports (USD)
The Imports number measures any good or service brought into India from another country in a legitimate fashion, typically for use in trade. Import goods or services are provided to domestic consumers by foreign producers. A lower than expected number should be taken as positive to the INR, while a higher than expected number as negative
Date                 4th March
Time                 12:30 PM
Importance       1 Star
Currency           INR
Actual            
Forecast          
Previous            36.67 B

Indian Trade Balance
The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported.

A higher than expected reading should be taken as positive/bullish for the INR, while a lower than expected reading should be taken as negative/bearish for the INR.
Date                 4th March
Time                 12:30 PM
Importance       1 Star
Currency           INR
Actual            
Forecast          
Previous            -09.92 B

Monday, March 3, 2014

Again one more Fundamental for 3rd March

HSBC Markit Manufacturing PMI
The Purchasing Managers Index (PMI) is a composite indicator designed to provide an overall view of activity in the manufacturing sector and acts as an leading indicator for the whole economy. The PMI is a composite index based on the diffusion indexes for the following five indicators and their weight: New orders - 0.3, Output - 0.25 , Employment - 0.2, Suppliers delivery times - 0.15 and Stock of items purchased - 0.1 with the Delivery times index inverted so that it moves in a comparable direction. When PMI is below 50.0 this indicates that the manufacturing economy is declining and a value above 50.0 indicates an expansion of the manufacturing economy. The individual survey indexes have been seasonally adjusted using the US Bureau of Census X-11 programme. The seasonally adjusted series are then used to calculate the seasonally adjusted PMI. 
A higher than expected reading should be taken as positive/bullish for the INR , while a lower than expected reading should be taken as negative/bearish for the INR.

Date                 1st March
Time                 10:30 AM
Importance       3 Star
Currency           CNY
Actual               52:50 
Forecast             51:20
Previous            51.40

Saturday, March 1, 2014

One more Fundamental for 3rd March

Chinese Manufacturing PMI
China Manufacturing Purchasing Managers Index (PMI) provides an early indication each month of economic activities in the Chinese manufacturing sector.It is compiled by China Federation of Logistics & Purchasing (CFLP) and China Logistics Information Centre (CLIC), based on data collected by the National Bureau of Statistics (NBS).Li & Fung Research Centre is responsible for drafting and disseminating the English PMI report. Every month questionnaires are sent to over 700 manufacturing enterprises all over China. The data presented here is compiled from the enterprises responses about their purchasing activities and supply situations. The PMI should be compared to other economic data sources when used in decision-making. 
A higher than expected reading should be taken as positive/bullish for the CNY , while a lower than expected reading should be taken as negative/bearish for the CNY.

Date                 1st March
Time                 6 : 30 AM
Importance       3 Star
Currency           CNY
Actual               50.20 ( Green )
Forecast             50.10
Previous            50.50