Forex Upcoming Calendar News

US Consumer Price Index: March 12th
The Consumer Price Index (CPI) Ex Food & Energy released by the US Department of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. Those volatile products such as food and energy are excluded in order to capture an accurate calculation. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or Bearish). Expected 0.2% and Previous 0.2%. 

Non-defense Capital Goods Orders Ex Aircraft: March 13th 
The Nondefense Capital Goods Orders Excluding Aircraft, released by the US Census Bureau, measures the cost of orders received by manufacturers for capital goods (capital goods are durable goods used in the production of goods or services), which means goods planned to last for three years or more, excluding the defense and aircraft sectors. As those durable products often involve large investments they are sensitive to the US economic situation. Generally speaking, a high reading is bullish for the USD, while a low reading is seen as Bearish. Previous reading -0.1% and expected 0.1% .

Harmonized Index of Consumer Prices (YoY): March 14th
HICP is an index of consumer prices calculated and published by Destatis, the Statistical Office of the European Union, on the basis of a statistical methodology that has been harmonized across all EU member states. HICP is a measure of prices used by Governing Council of EU to define and assess price stability in the euro area as a whole in quantitative terms.

BOJ policy meet:  March 14th and 15th 
The Bank of Japan monetary policy meet will be a significant event for markets despite the fact that a revision in rates is highly unlikely. Market awaits if BoJ follows trend. BoJ Interest Rate Decision is announced by the Bank of Japan Previous -0.1% and expected -0.1% and the same day followed by an official monetary policy statement is released by the Policy Board of the Bank of Japan and also Bank of Japan Governor Haruhiko Kuroda will hold a press conference about monetary policies in Tokyo. Mr Kuroda exercises general control over the Bank’s business. He is in charge of the Internal Auditors’ Office.

Michigan Consumer Sentiment Index United States: March 15th
The Michigan Consumer Sentiment Index released by the University of Michigan is a survey of personal consumer confidence in economic activity. It shows a picture of whether or not consumers are willing to spend money. Generally speaking, a high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish). Previous forecast 93.8 and expected 93.0.