NEWS ARTICLE FOR MEDIUM IMPACT NEWS AS 

ON 18/01/13

MANUFACTURING SALES (MoM)

CURRENCY: CAD

IMPACT: MEDIUM IMPACT

ACTUAL>FORECAST: GOOD FOR CURRENCY

This is the medium impact news. The forecast is 1.0% and the 

previous is -1.4%.After the actual is released, if the actual greater 

than forecast means the result is positive. While actual value is less 

than forecast means the result is negative. The actual is release on 

today. Due to the actual release the market value will be predicted 

either up or down. If the market is up it is good for economic health, 

where as the market is down it is not good for economic health• The manufacturing sales measure the change in the total value of 

sales made by manufacturers.

• The traders become care, because it is a leading indicator of 

economic health. Manufacturers are quickly affected by market 

conditions, and changes in their sales can be an early signal of 

future activity such as spending, hiring, and investment.

• A higher than expected reading should be taken as positive/bullish 

for the CAD, while a lower than expected reading should be taken 

as negative/bearish for the CAD.• MICHIGAN CONSUMER SENTIMENT

• CURRENCY: USD

• IMPACT: MEDIUM IMPACT

• ACTUAL>FORECAST: GOOD FOR CURRENCY

• This is the medium impact news. The forecast is 75 and the previous 

is 72.9 .After the actual is released, if the actual greater than forecast 

means the result is positive. While actual value is less than forecast 

means the result is negative. The actual is release on today. Due to 

the actual release the market value will be predicted either up or 

down. If the market is up it is good for economic health, where as 

the market is down it is not good for economic health.• A survey of consumer confidence conducted by the University of 

Michigan. The Michigan consumer sentiment index (MCSI) uses 

telephone surveys to gather information on consumer expectations 

regarding the overall economy.

• The university of Michigan consumer sentiment index rates the 

relative level of current and future economic conditions. There are 

two versions of this data released two weeks apart, preliminary and 

revised. The preliminary data tends to have a greater impact. The 

reading is compiled from a survey of around 500 consumers.

• A higher than expected reading should be taken as positive/bullish 

for the USD, while a lower than expected reading should be taken 

as negative/bearish for the USD.