News article prediction for medium impact news as on 25/01/13

NEWS ARTICLE PREDICTION FOR MEDIUM IMPACT NEWS AS ON 25/01/13
Note:
This is medium impact news. The forecast and previous released earlier, where as the actual release sometime afterwards. Due to the actual release, if the actual greater than forecast means the result is positive, while the actual less than forecast means the result is negative. If the market rate is up it is good for economic health, where as the market rate is down it is not good for economic health.

 CPI (MoM)
CURRENCY: CAD
IMPACT: MEDIUM IMPACT
ACTUAL>FORECAST: GOOD FOR CURRENCY
FORECAST: -0.2%
PREVIOUS: -0.2%
Its measures the change in the price of goods and services purchased by consumers. It is a keyway to measure changes in purchasing trends and inflation,
Consumer prices account for a majority of overall inflation. Inflation important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
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.
 CPI (YoY)
CURRENCY: CAD
IMPACT: MEDIUM IMPACT
ACTUAL>FORECAST: GOOD FOR CURRENCY
FORECAST: 1.0%
PREVIOUS: 0.8%

Its measures the change in the price of goods and services purchased by consumers. It is a keyway to measure changes in purchasing trends and inflation,
Consumer prices account for a majority of overall inflation. Inflation important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
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.

 GERMAN BUSINESS EXPECTATIONS
CURRENCY: EUR
IMPACT: MEDIUM IMPACT
ACTUAL>FORECAST: GOOD FOR CURRENCY
FORECAST: 99.0
PREVIOUS: 97.9

German Business Expectations rates the expectations of businesses in Germany for the following six months. It is a sub-index of the German Ifo Business Climate Index.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
 GERMAN CURRENT ASSESSMENT
CURRENCY: EUR
IMPACT: MEDIUM IMPACT
ACTUAL>FORECAST: GOOD FOR CURRENCY
FORECAST: 107.2
PREVIOUS: 107.1

The German Current Assessment rates current business conditions in Germany, without considering future expectations. It is a sub-index of the German Ifo Business Climate Index.

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