Economic calendar

Tuesday, August 5th 2008

7:01 PM EDT   GBP   Nationwide Consumer Confidence     Forecast 69     Prior 63

7:01 PM EDT   GBP   NIESR GDP Estimate   Prior   +0.2%

9:30 PM EDT   AUD   Home Loans m/m        Forecast -2.1%   Prior -7.9%

The GBP Consumer confidence number is a leading indicator of consumer spending, which is closely tied to economic activity.  It is derived from a survey of about 1,000 consumers, that askss them to rate the relative level of current and future economic conditions.  A positive number over the forecast could bode well for GBP

6:45 PM EDT  NZD    Current Account     High Impact     Forecast   -1.7N     Prev  -3.4B

8:00 PM EDT  AUD    Leading Index m/m  Low Impact       Previous -.4%

Wednesday, June 11th

Time                       Currency         Event                               Impact               Forecast             Previous

6:45PM EST         NZD           FPI m/m                     Medium                                 +.3%

8:00PM EST         NZD   Performance of Manufacturing Index     Medium                   51.4

United Kindom RICS House Price Balance

Forecast for May at -97.2% Pevious -95.1%

Actual -92.9&

This number reflects no sign in distressed sales for UK zone.  The number itself is a monthly number which equals the proportion of surveyors reporting a rise in price minuse those reporting a fall in price.