{"id":9713,"date":"2010-05-26T15:27:32","date_gmt":"2010-05-26T19:27:32","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=9713"},"modified":"2010-05-26T15:27:32","modified_gmt":"2010-05-26T19:27:32","slug":"be-prepared-british-cbi-realized-sales-tomorrow-at-1000-gmt","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/05\/26\/be-prepared-british-cbi-realized-sales-tomorrow-at-1000-gmt\/","title":{"rendered":"Be Prepared! British CBI Realized Sales Tomorrow At 10:00 GMT."},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong> &#8211; We at ForexYard, encourage our customers to get involved in the most  intense market events. As such, we think you should know that British  CBI Realized Sales figures are expected tomorrow, May 27th, 10:00 (GMT),  and you need to be prepared. Market events like this one tend to create  either big changes to current trends or push current trends even  further. Generally, the majors are the ones most affected by market  events in general but Crude Oil, Gold prices, and even the price of  Silver can change dramatically in the seconds after such a publication.  For more information about the British CBI Realized Sales, please read  below.<\/p>\n<p><strong>WHAT IS THE \u201cCBI Realized Sales\u201d?<\/strong><\/p>\n<p>Confederation of British Industry (CBI) is an indicator that is being  used to measure the level of a diffusion index based on surveyed  retailers and wholesalers. It\u2019s a leading indicator of consumer spending  because retailer and wholesaler sales are directly influenced by  consumer buying levels. This indicator is released on a monthly basis  and is seasonally adjusted.<br \/>\nTraders follow this survey very closely because consumer prices account  for a majority of overall inflation. Inflation is important to currency  valuation because rising prices can force a central bank to raise  interest rates to tame inflationary pressures.<\/p>\n<p><strong>How This Survey Can Help the British Pound?<\/strong><\/p>\n<p>The government report this week is expected to show that the CBI  Realized Sales will probably rise to 14 in May, according to estimates,  from 13 during the prior month. If the CBI Realized Sales data will come  in-line with expectations or higher, the GBP may see its bullish trend  continue based on the trade balance\u2019s value. With a release of this  nature, traders may witness the GBP resume its bullish run and probably  test the 1.4600 price level against the USD once more.<\/p>\n<p><strong>How This Survey Can Hurt the British Pound?<\/strong><\/p>\n<p>However, if the number will turn out to be lower than forecasted,  this might weigh on the British currency since it would be consistent  with fears that the British economy is at risk of entering a deeper  economic recession. A negative release of this kind may actually force  the GBP into a bearish correction, testing the 1.4200 level against the  USD in the short-term.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong><em>Forex Market        Analysis<\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex                                           Yard.<\/a><\/strong><\/span><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                           may not be suitable for all         investors.       There    is  a              possibility      that             you   could       sustain a  loss   of  all   of    your                 investment and            therefore  you        should   not       invest        money  that   you            cannot afford to            lose. You         should    be      aware of     all       the     risks         associated     with     Foreign       Exchange         trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anton Eljwizat &#8211; We at ForexYard, encourage our customers to get involved in the most intense market events. As such, we think you should know that British CBI Realized Sales figures are expected tomorrow, May 27th, 10:00 (GMT), and you need to be prepared. Market events like this one tend to create either big &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/05\/26\/be-prepared-british-cbi-realized-sales-tomorrow-at-1000-gmt\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Be Prepared! British CBI Realized Sales Tomorrow At 10:00 GMT.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-9713","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=9713"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9713\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=9713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=9713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=9713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}