Events of the day 26 Jul 2013

1- Japan is to release official data on consumer price inflation in less than 1 hour – 11:30 PM GMT – 25 Jul 2013, the Tokyo Core Consumer Price Index (CPI) measures the change in the price of goods and services purchased by consumers in Tokyo, excluding fresh food.
A higher than 0.3% reading should be taken as positive/bullish for the JPY, while a lower than 0.3% reading should be taken as negative/bearish for the JPY.

2- At 06:00 am GMT, Germany is to release data on German Import Price Index (MoM), the German Import Price Index measures the change in the price of imported goods purchased domestically.

A higher than -0.3% reading should be taken as positive/bullish for the EUR, while a -0.3%than expected reading should be taken as negative/bearish for the EUR.

3- At 01:55 PM GMT, U.S will end the week with data on Michigan Consumer Sentiment, the University of Michigan Consumer Sentiment Index rates the relative level of current and future economic conditions.

A higher than 84.0 reading should be taken as positive/bullish for the USD, while a lower than 84.0 reading should be taken as negative/bearish for the USD.

MARKET DATA

UPCOMING ECONOMIC EVENTS