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While the Institute for Supply Management released a report on Monday showing modest growth in U.S. manufacturing activity in the month of January, the pace of growth slowed much more than economists had been anticipating. The ISM said its purchasing managers index fell to 51.3 in January from a revised 56.5 in December.

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2013-02-03 15:00 GMT (or 16:00 MQ MT5 time) | [USD - ISM Manufacturing PMI]

• past data is 57.0
• forecast data is 56.0
• actual data is 51.3 according to the latest press release

if actual > forecast = good for currency (for USD in our case)

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The jobless rate in New Zealand was 6.0 percent in the fourth quarter of 2013, Statistics New Zealand said on Wednesday.

That was in line with expectations and down from 6.2 percent in the third quarter.

"We're seeing strength across the labor market, particularly in the industries that provide services," industry and labor statistics manager Diane Ramsay said. "The unemployment rate has been falling and employment rising for the last 18 months, with both now at levels last seen in early 2009."

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2013-02-04 21:45 GMT | [NZD - Unemployment Rate]

• past data is 6.2%
• forecast data is 6.0%
• actual data is 6.0% according to the latest press release

if actual < forecast = good for currency (for NZD in our case)

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NZDUSD M5 : 33 pips price movement by NZD - Unemployment Rate news event :





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The Reserve Bank of Australia raised its economic growth and inflation forecasts on Friday, stating that a weaker currency is driving up exports while also restraining imports. Releasing the Statement on Monetary Policy, the central bank said it now expects the gross domestic product to grow 2.75 percent in the year ending June 2014 and 2.25-3.25 percent in the year through December 2014.



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U.S. job growth accelerated in the month of January compared to the anemic growth seen in December, according to a report released by the Labor Department on Friday, although the pace of growth still fell well short of economist estimates. Despite the weaker than expected job growth, the unemployment rate still edged down to 6.6 percent.

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Japan posted a current account deficit of 638.6 billion yen in December, the Ministry of Finance said on Monday - sliding into the red for the third straight month.

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Australia posted a seasonally adjusted unemployment rate of 6.0 percent in January, the Australian Bureau of Statistics said on Thursday.



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With auto sales showing another notable decrease, the Commerce Department released a report on Thursday showing an unexpected drop in U.S. retail sales in the month of January. The report said retail sales dropped by 0.4 percent in January following a revised 0.1 percent decrease in December. Economists had expected sales to come in unchanged.





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International lenders will return to Greece later this week or in the coming days, to review the progress made by the nation in executing its economic reforms, Dutch Finance Minister Jeroen Dijsselbloem, who also presides over the Eurozone finance ministers said late Monday. The lenders are returning to Athens, but there is no guarantee on a positive outcome, Dijsselbloem told reporters.

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The International Monetary Fund urged advanced economies to avoid a quick exit from monetary stimulus, as capital outflows and sharp currency depreciation in the emerging economies pose a risk to recovery. In a note prepared for the G-20 meeting in Sydney on February 22 and 23, the lender said Wednesday the recovery is still weak and significant downside risks remain.

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Public sector finances and retail sales figures from the U.K. are due on Friday, headlining a light day for the European economic news.

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