PLUS: A 2011 FORECAST FROM

GFT’S KATHY LIEN AND BORIS

SCHLOSSBERG.
Track the progress of markets in 2011. Read what our
analysts forecast and then see when economic indicators,
such as the Gross Domestic Product, Producer Prices,
Consumer Confidence and others, will be announced.

Q1
Q2 Q3
Q4

The contents of this economic calendar are provided for general information purposes only and do not take into account any persons objectives, financial situation or needs and are not personal advice. Global Forex Trading and the currency
research team do not provide any investment, legal, accounting, tax or other professional advice. Readers should consider the appropriateness of the contents of this economic calendar in light of their own objectives, financial situation or
needs, before acting on the content. IMPORTANT NOTE: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before
deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial 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, and seek advice from an independent financial advisor if you have any doubts. Past performance is not
necessarily
Note: This indicative
calendar only providesofgeneral
futureinformation
results. © 2010
and it Global Futures
is not meant to be& aForex,
tradingLtd. All Dates
guide. rightsarereserved.
subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
 KATHY AND BORIS’
2011 MARKET FORECAST

RECOVERY OR DOUBLE-DIP
RECESSION IN 2011?
2010 was a roller coaster year in the currency markets, marked by the sovereign debt
crisis in Europe, sluggish economic activity in the US and strong growth in Asia Pacific,
which helped to propel the other advanced economies forward. As the new year begins,
the global economy will need to rebalance in order to maintain momentum into 2011.
Therefore, the central question facing currency traders is whether G10 economies
can make the proper adjustments - or if they’ll face the possibility of a double-dip
recession.

Boris Schlossberg
GFT’s Director of Currency Research
Continued on next page

Kathy Lien
GFT’s Director of Currency Research
The contents of this economic calendar are provided for general information purposes only and do not take
into account any persons objectives, financial situation or needs and are not personal advice. Global Forex
Trading and the currency research team do not provide any investment, legal, accounting, tax or other
professional advice. Readers should consider the appropriateness of the contents of this economic calendar
in light of their own objectives, financial situation or needs, before acting on the content.
KATHY AND BORIS’
2011 MARKET FORECAST
China’s tightening monetary
policy could have global
ramifications
The excess liquidity from the Federal Reserve’s aggressive monetary policy, which
provided an additional $600 billion of quantitative easing, produced strong
inflationary pressures in China. Chinese food prices, which make up a large part of
an average consumer’s budget, skyrocketed by more than 70 percent. This forced
Chinese monetary authorities to tighten policy. The bearish scenario for 2011 is
that by trying to curb inflation, China will be forced to slow down its double-
digit GDP growth. This could have massive negative ramifications throughout the
industrialized world.
The commodity dollar economies are the most vulnerable to such an outcome,
especially Australia. The Australian dollar, which almost hit parity with the
greenback by the end of 2010, could see a major correction if China tightens.
However, if China is able to control inflationary pressures while maintaining its
double-digit growth, the recovery trade should continue into 2011, helping to
support risk currencies.
China’s status is also important for Europe. Strong demand from China is crucial
to German economic success in 2011. Europe’s largest economy is an export
powerhouse, relying on this sector to generate its growth. Given the sovereign debt
problems around it, the euro zone faces an enormous risk in 2011 if German growth
slows. Germany is the primary source of capital for most of the bailout rescues the EU
engineered in 2010. Without a robust German economy, the monetary union of the
euro zone could fragment as economies like Greece, Ireland, Portugal and Spain meet
increasingly hostile capital markets and are unable to finance their budgets.
US employment growth key issue
The key issue in the US remains employment growth. The US economy lagged in 2010,
especially as the country’s unemployment rate remained stubbornly close to the 10
percent level. However, US labor conditions showed some improvement at the end of
2010, as job creation turned positive for the first time in five months. If job growth picks
up, the US economy, which is highly leveraged to consumer spending, could prove to be
the economic surprise of 2011. The greenback could stage a sustained rally, especially
against the Japanese yen, as US yields begin to rise.
As 2011 begins, each G10 region faces its own unique challenges - but China remains the
critical factor in determining growth for Asia, Europe and North America. Although the
world’s fourth largest economy does not even have a free-floating currency, its impact
on the foreign exchange market remains immense.
The contents of this economic calendar are provided for general information purposes only and do not take
into account any persons objectives, financial situation or needs and are not personal advice. Global Forex
Trading and the currency research team do not provide any investment, legal, accounting, tax or other
professional advice. Readers should consider the appropriateness of the contents of this economic calendar
in light of their own objectives, financial situation or needs, before acting on the content.
 JANUARY2011
GFT Economic Calendar All events according to GMT
S U N D AY
1 USD, CAD, AUD, JPY, EUR, GBP, CHF
2 3 4 5 6 7 8
JPY and NZD Markets Closed
AU AiG Performance of
Mfg Index 21:30
AU AiG Performance of
Service Index 21:30
9 10 11 12 13 14 15
AU Retail Sales s.a. (MoM) 23:30
NZ QV House Prices YoY% 10:00
16 17 18 19 20 21 22
AU New Motor Vehicle Sales MoM 0:30
AU New Motor Vehicle Sales YoY 0:30
UK Rightmove House Prices (MoM) 23:01
UK Rightmove House Prices (YoY) 23:01
23 24
30 31 25 26 27 2829
AU Producer Price Index (QoQ) 23:30
AU Producer Price Index (YoY) 23:30
AU Private Sector Credit MoM% 23:30
AU Private Sector Credit YoY% 23:30
JN Industrial Production (MoM) 22:50
JN Industrial Production YOY% 22:50
JN Vehicle Production (YoY) 3:00
Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
M O N D AY
GBP Market Closed
SZ SVME-Purchasing Managers
Index 7:30
US Construction Spending MoM 14:00
US ISM Manufacturing 14:00
GE Retail Sales (MoM) 6:00
GE Retail Sales (YoY) 6:00
AU Trade Balance 23:30
CA Building Permits MoM 12:30
NZ NZIER Business Opinion
Survey 4:00
UK BRC December Retail Sales
Monitor 23:01
JN Capacity Utilization (MoM) 3:30
JN Consumer Confidence 4:00
JN Consumer Confidence
Households 4:00
JN Industrial Production (MoM) 3:30
JN Industrial Production YOY% 3:30
AU Consumer Prices (QoQ) 23:30
AU Consumer Prices (YoY) 23:30
AU RBA Trimmed Mean (QoQ) 23:30
AU RBA Trimmed Mean (YoY) 23:30
AU RBA Weighted Median (QoQ) 23:30
AU House Price Index QoQ 23:30
AU House Price Index YoY 23:30
CA Gross Domestic Product MoM 12:30
US Chicago Purchasing Manager 13:45
US Personal Spending 12:30
T U E S D AY
GE Unemployment Change (000’s) 7:55
UK Mortgage Approvals 8:30
UK PMI Manufacturing 8:30
US Factory Orders 14:00
US Minutes of FOMC Meeting 18:00
AU Home Loans 4:00
JN Coincident Index CI 4:00
JN Current Account Total 22:50
JN Trade Balance (BoP Basis) 22:50
US IBD/TIPP Economic
Optimism 14:00
CA Bank of Canada Rate 13:00
UK CPI (MoM) 8:30
UK CPI (YoY) 8:30
UK Retail Price Index 8:30
US ABC Consumer Confidence 21:00
CA Consumer Price Index MoM 11:00
CA Consumer Price Index YoY 11:00
JN BOJ Target Rate 4:00
US Consumer Confidence 14:00
US House Price Index MoM 14:00
W E D N E S D AY
AU Building Approvals (MoM) 23:30
AU Building Approvals (YoY) 0:30
UK PMI Construction 8:30
US ADP Employment Change 12:30
US MBA Mortgage Applications 11:00
AU Employment Change 23:30
AU Unemployment Rate 23:30
JN Machine Orders (MoM) 22:50
JN Machine Orders YOY% 22:50
US Import Price Index (MoM) 12:30
CA Manufacturing Sales MoM 12:30
NZ Consumer Prices (QoQ) 20:45
US Building Permits 12:30
US Building Permits MOM% 12:30
US Housing Starts 12:30
JN Adjusted Merchnds Trade Bal. 22:50
JN Merchnds Trade Balance Total 22:50
US FOMC Rate Decision 18:15
US New Home Sales 14:00
T H U R S D AY
CA Ivey Purchasing Managers Index 14:00
SZ CPI (MoM) 7:15
SZ CPI (YoY) 7:15
UK PMI Services 8:30
US Initial Jobless Claims 12:30
EC ECB Announces Interest
Rates 11:45
UK Boe Announces Rates 11:00
UK BOE Asset Purchase Target 11:00
US Initial Jobless Claims 12:30
US Trade Balance 12:30
GE Producer Prices (MoM) 6:00
GE Producer Prices (YoY) 6:00
US Existing Home Sales 14:00
US Existing Home Sales MoM 14:00
US Initial Jobless Claims 12:30
JN Jobless Rate 22:30
JN Natl CPI YoY 22:30
JN Retail Trade YoY 22:50
US Durable Goods Orderss 12:30
US Initial Jobless Claims 12:30
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F R I D AY S AT U R D AY
and NZD Markets Closed
GE Trade Balance 6:00
US Change in Manufact. Payrolls 12:30
US Change in Nonfarm Payrolls 12:30
US Change in Private Payrolls 12:30
US Unemployment Rate 12:30
GE Consumer Price Index (MoM) 6:00
GE Consumer Price Index (YoY) 6:00
US Advance Retail Sales 12:30
US Consumer Price Index (MoM) 12:30
US Consumer Price Index (YoY) 12:30
UK M4 Money Supply (MoM) 8:30
UK Retail Sales Ex Auto Fuel (MoM) 8:30
UK Retail Sales Ex Auto Fuel (YoY) 8:30
UK Retail Sales w/Auto Fuel (MoM) 8:30
UK Retail Sales w/Auto Fuel (YoY) 8:30
GE German Nov. Factory Orders
Revsions (Table) 12:00
NZ Performance Services Index 21:30
US Core PCE QoQ 12:30
US Employment Cost Index 12:30
US GDP Price Index 12:30
US Personal Consumption 12:30
US U. of Michigan Confidence 13:55
Volatile Market Event Select Markets Closed
 FEBRUARY2011
GFT Economic Calendar All events according to GMT
S U N D AY
1 2 3 4 5
6 7 8 9 10 11 12
NZD Market Closed
AU Retail Sales s.a. (MoM) 23:30
AU Retail Sales Ex Inflation
(QoQ) 0:30
13 14 15 16 17 18 19
JN GDP Deflator YoY 22:50
JN Nominal GDP (QoQ) 22:50
JN GDP Annualized 22:50
JN Gross Domestic Product (QoQ) 22:50
AU Home Loans 0:30
20 21 22 2324 25 26
AU CBAHIA House Affordability 22:30
UK Rightmove House Prices (MoM) 23:01
UK Rightmove House Prices (YoY) 23:01
JN All Industry Activity Index (MoM) 3:30
27 28
JN Industrial Production (MoM) 22:50
JN Retail Trade MoM SA 22:50
JN Retail Trade YoY 22:50
AU Inventories 23:30
JN Vehicle Production (YoY) 3:00
Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
M O N D AY
GE Factory Orders YoY (nsa) 10:00
GE Factory Orders MoM (sa) 10:00
CA Building Permits MoM 12:30
US Consumer Credit 19:00
JN Current Account Total 22:50
JN Industrial Production (MoM) 3:30
JN Industrial Production YOY% 3:30
JN Capacity Utilization (MoM) 3:30
USD and CAD Markets Closed
CA Current Account (BOP) 12:30
US Chicago Purchasing Manager 13:45
JN Jobless Rate 22:30
AU Current Account Balance 22:30
AU Retail Sales s.a. (MoM) 22:30
T U E S D AY
UK PMI Manufacturing 8:30
UK Mortgage Approvals 8:30
US Construction Spending MoM 14:00
US ISM Manufacturing 14:00
US ISM Prices Paid 14:00
JN Eco Watchers Survey: Current 4:00
JN Eco Watchers Survey: Outlook 4:00
US IBD/TIPP Economic Optimism 14:00
SZ CPI (MoM) 4:00
SZ CPI (YoY) 4:00
SZ Producer & Import Prices (MoM) 4:00
SZ Producer & Import Prices (YoY) 4:00
UK CPI (MoM) 8:30
UK CPI (YoY) 8:30
US Advance Retail Sales 12:30
AU New Motor Vehicle Sales MoM 0:30
AU New Motor Vehicle Sales YoY 0:30
SZ Trade Balance 6:15
US Consumer Confidence 14:00
US ABC Consumer Confidence 21:00
JN Merchnds Trade Balance Total 22:50
JN Merchnds Trade Exports YoY 22:50
W E D N E S D AY
UK PMI Construction 8:30
US ADP Employment Change 12:30
AU Building Approvals (MoM) 23:30
AU Building Approvals (YoY) 0:30
AU Trade Balance 23:30
US MBA Mortgage Applications 11:00
JN Housing Loans YoY 22:50
AU Employment Change 23:30
AU Participation Rate 23:30
AU Unemployment Rate 23:30
CA Manufacturing Sales MoM 12:30
US Building Permits 12:30
US Housing Starts 12:30
US Producer Price Index (MoM) 12:30
US Producer Price Index (YoY)
12:30
CA Consumer Price Index MoM 11:00
CA Consumer Price Index YoY 11:00
US MBA Mortgage Applications 11:00
US Existing Home Sales MoM 14:00
US Existing Home Sales 14:00
T H U R S D AY
EC ECB Announces Interest Rates 11:45
SZ Trade Balance 6:15
UK PMI Services 8:30
UK Official Reserves (Changes) 8:30
US Initial Jobless Claims 12:30
UK Manufacturing Production (MoM) 8:30
UK Manufacturing Production (YoY) 8:30
UK BOE Asset Purchase Target 11:00
UK BOE Announces Rates 11:00
US Initial Jobless Claims 12:30
JN BOJ Target Rate 4:00
US Consumer Price Index (MoM) 12:30
US Consumer Price Index (YoY) 12:30
US Initial Jobless Claims 12:30
US Continuing Claims (YoY) 12:30
US Durable Goods Orders 12:30
US Initial Jobless Claims 12:30
US New Home Sales 14:00
JN Tokyo CPI YoY 22:30
JN Natl CPI YoY 22:30
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F R I D AY S AT U R D AY
SZ Foreign Currency Reserves 7:00
US Change in Private Payrolls 12:30
US Change in Nonfarm Payrolls 12:30
US Unemployment Rate 12:30
CA Ivey Purchasing Managers Index 14:00
JPY Market Closed
UK PPI Input NSA (MoM) 8:30
UK PPI Input NSA (YoY) 8:30
CA Int’l Merchandise Trade 12:30
US Trade Balance 12:30
US U. of Michigan Confidence 13:55
UK Retail Sales Ex Auto Fuel (MoM) 8:30
UK Retail Sales Ex Auto Fuel (YoY) 8:30
UK Retail Sales w/Auto Fuel (MoM) 8:30
UK Retail Sales w/Auto Fuel (YoY) 8:30
SZ Retail Sales (Real) (YoY)
UK Total Business Investment(QoQ) 8:30
UK Total Business Investment(YoY) 8:30
US GDP QoQ (Annualized) 12:30
US Personal Consumption 12:30
US U. of Michigan Confidence 13:55
Volatile Market Event Select Markets Closed
 MARCH2011
GFT Economic Calendar All events according to GMT
visit gftforex.com

S U N D AY M O N D AY T U E S D AY W E D N E S D AY T H U R S D AY F R I D AY S AT U R D AY

1 2 3 4 5 UK PMI Manufacturing 8:30

CA Gross Domestic Product MoM 12:30
CA Bank of Canada Rate 13:00
AU Gross Domestic Product (QoQ) 23:30
AU Gross Domestic Product (YoY) 23:30
UK PMI Construction 8:30
US ADP Employment Change 12:30
AU Building Approvals (MoM) 23:30
AU Trade Balance 23:30
AU Building Approvals (YoY) 0:30
EC ECB Announces Interest Rates 11:45
UK PMI Services 8:30
UK Official Reserves (Changes) 8:30
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
US Change in Nonfarm Payrolls 12:30
US Change in Manufact. Payrolls 12:30
US Unemployment Rate 12:30
CA Ivey Purchasing Managers
Index 14:00
US Factory Orders 14:00

6 7 8 9 10 11 12
AU Australia Manpower Survey 23:00
CA Building Permits MoM 12:30
US Consumer Credit 19:00
US NFIB Small Business Optimism 11:30
US IBD/TIPP Economic Optimism 14:00
US ABC Consumer Confidence 21:00
AU Investment Lending 23:30
AU Home Loans 0:30
JN GDP Annualized 23:50
JN Gross Domestic Product (QoQ) 23:50
AU Employment Change 0:30
AU Participation Rate 0:30
AU Unemployment Rate 0:30
UK Industrial Production (MoM) 9:30
UK BOE Asset Purchase Target 12:00
UK BOE Announces Rates 12:00
US Initial Jobless Claims 12:30
US Trade Balance 12:30
US Advance Retail Sales 12:30
US Retail Sales Ex Auto & Gas 12:30
US Retail Sales Less Autos 12:30
US U. of Michigan Confidence 13:55
US Business Inventories 14:00

13 14 15 16 17 18 19 JN Industrial Production (MoM) 4:30

JN Industrial Production YOY% 4:30
JN Capacity Utilization (MoM) 4:30
AU New Motor Vehicle Sales MoM 1:30
AU New Motor Vehicle Sales YoY 1:30
JN BOJ Target Rate 4:00
US Import Price Index (MoM) 12:30
US Import Price Index (YoY) 12:30
US FOMC Rate Decision 18:15
US ABC Consumer Confidence 21:00
US Building Permits 12:30
US Housing Starts 12:30
US Producer Price Index (MoM) 12:30
US Producer Price Index (YoY) 12:30
US Current Account Balance 12:30
SZ The Swiss Central Bank Holds its
Monetary Policy Assessment 8:30
US Consumer Price Index (MoM) 12:30
US Consumer Price Index (YoY) 12:30
US CPI Ex Food & Energy (MoM) 12:30
US Initial Jobless Claims 12:30

20 21 22 2324 25 26
JPY Market Closed
UK Rightmove House Prices (MoM) 0:01
UK Rightmove House Prices (YoY) 0:01
JPY Market Closed
US Existing Home Sales MoM 14:00
US Existing Home Sales 14:00
SZ Trade Balance 7:15
UK Core CPI (YOY) 9:30
UK CPI (MoM) 9:30
UK CPI (YoY) 9:30
UK Retail Price Index 9:30
US ABC Consumer Confidence 21:00
US MBA Mortgage Applications 11:00
US New Home Sales 14:00
JN Merchnds Trade Balance Total 23:50
JN Merchnds Trade Exports YoY 23:50
JN Merchnds Trade Imports YoY 23:50
UK Retail Sales Ex Auto Fuel(MoM) 9:30
UK Retail Sales Ex Auto Fuel(YoY) 9:30
US Durable Goods Orders 12:30
US Initial Jobless Claims 12:30
JN Natl CPI YoY 23:30
US GDP QoQ (Annualized) 12:30
US GDP Price Index 12:30
US Core PCE QoQ 12:30
US Personal Consumption 12:30
US U. of Michigan Confidence 13:55

27 282930 31 US Personal Spending 12:30

US Personal Income 12:30
US Pending Home Sales MoM 14:00
US Pending Home Sales YoY 14:00
JN Jobless Rate 23:30
JN Retail Trade YoY 23:50
US S&P/CaseShiller Home Price Ind 13:00
US Consumer Confidence 14:00
US ABC Consumer Confidence 21:00
JN Industrial Production (MoM) 23:50
JN Industrial Production YOY% 23:50
JN Vehicle Production (YoY) 4:00A
US MBA Mortgage Applications 11:00
US ADP Employment Change 12:30
CA Industrial Product Price MoM 12:30
CA Raw Materials Price Index MoM 12:30

Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
US Initial Jobless Claims 12:30
US Chicago Purchasing Manager 13:45
US Factory Orders 14:00
JN Tankan Lge Manufacturers Index 23:50
JN Tankan Large All Indust Capex 23:50

Volatile Market Event Select Markets Closed

 APRIL2011
GFT Economic Calendar All events according to GMT
S U N D AY
1 2
3 4 5 6 7 8 9
JN Monetary Base (YoY) 23:50
10 11 12 13 14 15 16
17 18 19 20 21 22 23
NZ Consumer Prices (QoQ) 21:45
24 25 26 27 2829 30
JN Corp Service Price Index (YoY) 23:50
JN Merchnds Trade Balance Total 23:50
JN Adjusted Merchnds Trade Bal. 23:50
JN Merchnds Trade Exports YoY 23:50
JN Merchnds Trade Imports YoY 23:50
Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
M O N D AY
UK PMI Construction 8:30
JN Japan Money Stock M2 YoY 23:50
JN Japan Money Stock M3 YoY 23:50
JN Bank Lending Banks Adjust YoY 23:50
JN Bank Lending Ex-Trusts YoY 23:50
JN Bank Lending incl Trusts (YoY) 23:50
GBP, CAD, AUD, EUR, CHF and NZD
Markets Closed
US New Home Sales MoM 14:00
US New Home Sales 14:00
T U E S D AY
UK PMI Services 8:30
UK Official Reserves (Changes) 8:30
US ISM Non-Manf. Composite 14:00
US ABC Consumer Confidence 21:00
UK CPI (MoM) 8:30
UK CPI (YoY) 8:30
US Import Price Index (MoM) 12:30
US Import Price Index (YoY) 12:30
US Trade Balance 12:30
CA Bank of Canada Rate 13:00
US ABC Consumer Confidence 21:00
US Building Permits MOM% 12:30
US Housing Starts MOM% 12:30
US Building Permits 12:30
US Housing Starts 12:30
US ABC Consumer Confidence 21:00
SZ Trade Balance 6:15
US S&P/CS Composite-20 YoY 13:00
US Consumer Confidence 14:00
US ABC Consumer Confidence 21:00
W E D N E S D AY
UK Industrial Production (MoM) 8:30
UK Industrial Production (YoY) 8:30
UK Manufacturing Production (MoM) 8:30
UK Manufacturing Production (YoY) 8:30
CA Ivey Purchasing Managers
Index 14:00
US MBA Mortgage Applications 11:00
US Advance Retail Sales 12:30
US Retail Sales Ex Auto & Gas 12:30
US Retail Sales Less Autos 12:30
US Business Inventories 14:00
US MBA Mortgage Applications 11:00
US Existing Home Sales MoM 14:00
US Existing Home Sales 14:00
AU Producer Price Index (QoQ) 1:30
AU Producer Price Index (YoY) 1:30
US MBA Mortgage Applications 11:00
US Durable Goods Orders 12:30
US Durables Ex Transportation 12:30
US FOMC Rate Decision 18:15
T H U R S D AY
UK BOE Asset Purchase Target 11:00
UK BOE Announces Rates 11:00
JN BOJ Target Rate 4:00
US Initial Jobless Claims 12:30
EC ECB Announces Interest Rates 11:45
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
US Producer Price Index (MoM) 12:30
US Producer Price Index (YoY) 12:30
US PPI Ex Food & Energy (MoM) 12:30
UK Retail Sales Ex Auto Fuel(MoM) 8:30
UK Retail Sales Ex Auto Fuel(YoY) 8:30
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
US House Price Index MoM 14:00
JN Housing Starts (YoY) 5:00
JN BOJ Target Rate 4:00
US GDP QoQ (Annualized) 12:30
US Personal Consumption 12:30
US Initial Jobless Claims 12:30
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F R I D AY S AT U R D AY
UK PMI Manufacturing 8:30
US Change in Nonfarm Payrolls 12:30
US Change in Manufact. Payrolls 12:30
US Unemployment Rate 12:30
US Construction Spending MoM 14:00
UK PPI Input NSA (MoM) 8:30
UK PPI Input NSA (YoY) 8:30
UK PPI Output n.s.a. (MoM) 8:30
UK PPI Output n.s.a. (YoY) 8:30
US Wholesale Inventories 14:00
US Consumer Price Index (MoM) 12:30
US Consumer Price Index (YoY)
12:30
US Capacity Utilization 13:15
US Industrial Production 13:15
US U. of Michigan Confidence 13:55
USD, GBP, CAD, AUD, EUR, CHF and
NZD Markets Closed
JPY Market Closed
US PCE Core (MoM) 12:30
US Personal Spending 12:30
US Personal Income 12:30
US Chicago Purchasing Manager 13:45
US U. of Michigan Confidence 13:55
Volatile Market Event Select Markets Closed
 MAY2011
GFT Economic Calendar All events according to GMT
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S U N D AY M O N D AY T U E S D AY W E D N E S D AY T H U R S D AY F R I D AY S AT U R D AY

1 2 3 4 5 6 7
EUR Market Closed
GBP Market Closed
EC ECB Announces Interest Rates 11:45
US Construction Spending MoM 14:00
US ISM Manufacturing 14:00
US ISM Prices Paid 14:00
JPY and GBP Markets Closed
UK PMI Manufacturing 8:30
US Factory Orders 14:00
US ABC Consumer Confidence 21:00
JPY Market Closed
UK PMI Construction 8:30
US MBA Mortgage Applications 11:00
US ADP Employment Change 12:30
US ISM Non-Manf. Composite 14:00
JPY Market Closed
UK PMI Services 8:30
UK BOE Asset Purchase Target 11:00
UK BOE Announces Rates 11:00
US Initial Jobless Claims 12:30
CA Ivey Purchasing Managers Index 14:00
UK PPI Input NSA (MoM) 8:30
UK PPI Output n.s.a. (MoM) 8:30
US Change in Nonfarm Payrolls 12:30
US Change in Manufact. Payrolls 12:30
US Unemployment Rate 12:30

8 9 10 11 12 13 14
EUR Market Closed
US Import Price Index (MoM) 12:30
US Import Price Index (YoY) 12:30
US IBD/TIPP Economic Optimism 14:00
US Wholesale Inventories 14:00
US ABC Consumer Confidence 21:00
US MBA Mortgage Applications 11:00
US Trade Balance 12:30
JN Japan Money Stock M2 YoY 23:50
UK Industrial Production (MoM) 8:30
UK Manufacturing Production (MoM) 8:30
US Initial Jobless Claims 12:30
US Producer Price Index (MoM) 12:30
US Advance Retail Sales 12:30
US Consumer Price Index (MoM) 12:30
US CPI Ex Food & Energy (YoY) 12:30
US Consumer Price Index (YoY) 12:30
US U. of Michigan Confidence 13:55

15 16 17 18 19 20 21
JN Domestic CGPI (MoM) 23:50
JN Domestic CGPI (YoY) 23:50
US Total Net TIC Flows 13:00
US Net Long-term TIC Flows 13:00
UK CPI (MoM) 8:30
UK CPI (YoY) 8:30
UK Retail Price Index 8:30
US Building Permits 12:30
US Housing Starts 12:30
US MBA Mortgage Applications 11:00
JN Housing Loans YoY 23:50
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
US Existing Home Sales MoM 14:00
US Existing Home Sales 14:00 JN BOJ Target Rate

22 23 24 25 26 27 28 CAD Market Closed

US New Home Sales MoM 14:00
US New Home Sales 14:00
US ABC Consumer Confidence 21:00
US MBA Mortgage Applications 11:00
US Cap Goods Orders Nondef Ex Air 12:30
US Cap Goods Ship Nondef Ex Air 12:30
US Durable Goods Orders 12:30
US House Price Index MoM 14:00
SZ Trade Balance 6:15
US GDP Price Index 12:30
US Personal Consumption 12:30
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
US Personal Spending 12:30
US Personal Income 12:30
US U. of Michigan Confidence 13:55
US Pending Home Sales MoM 14:00
US Pending Home Sales YoY 14:00

2930 31 USD and GBP Markets Closed

SZ GDP (QoQ) 5:45
SZ GDP (YoY) 5:45
CA Bank of Canada Rate 13:00
US Chicago Purchasing Manager 13:45
US Consumer Confidence 14:00

Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
Volatile Market Event Select Markets Closed
 JUNE2011
GFT Economic Calendar All events according to GMT
visit gftforex.com

S U N D AY M O N D AY T U E S D AY W E D N E S D AY T H U R S D AY F R I D AY S AT U R D AY

1 2 3 4
UK PMI Manufacturing 8:30
US MBA Mortgage Applications 11:00
US ADP Employment Change 12:30
US Construction Spending MoM 14:00
US ISM Manufacturing 14:00
US ISM Prices Paid 14:00
JN Monetary Base (YoY) 23:50
JN Capital Spending excl Sftwre 23:50
JN Capital Spending 23:50
EUR and CHF Markets Closed
UK PMI Construction 8:30
US Unit Labor Costs 12:30
US Initial Jobless Claims 12:30
US Nonfarm Productivity 12:30
US Factory Orders 14:00
UK PMI Services 8:30
US Change in Private Payrolls 12:30
US Change in Nonfarm Payrolls 12:30
US Change in Manufact. Payrolls 12:30
US Unemployment Rate 12:30

5 6 7 8 9 10 11 NZD Market Closed

CA Ivey Purchasing Managers Index 14:00
SZ Foreign Currency Reserves 7:00
US Consumer Credit 19:00
JN Japan Money Stock M2 YoY 23:50
JN Bank Lending Banks Adjust YoY 23:50
JN Bank Lending incl Trusts (YoY) 23:50
US MBA Mortgage Applications 11:00
UK BOE Asset Purchase Target 11:00
UK BOE Announces Rates 11:00
EC ECB Announces Interest Rates 11:45
US Trade Balance 12:30
JN Domestic CGPI (YoY) 23:50
UK Industrial Production (YoY) 8:30
UK Manufacturing Production (YoY) 8:30
UK PPI Output n.s.a. (YoY) 8:30
UK PPI Output Core NSA (YoY) 8:30
US Import Price Index (YoY) 12:30

12 13 14 15 16 17 18 AUD, EUR and CHF Markets Closed

UK CPI (YoY) 8:30
UK Core CPI YOY 8:30
JN BOJ Target Rate 4:00
US Producer Price Index (YoY) 12:30
US Retail Sales Ex Auto & Gas 12:30
US CPI Ex Food & Energy (YoY) 12:30
US Consumer Price Index (YoY) 12:30
US CPI Core Index SA 12:30
US Consumer Price Index NSA 12:30
US Industrial Production 13:15
UK Retail Sales Ex Auto Fuel(YoY) 8:30
UK Retail Sales w/Auto Fuel (YoY) 8:30
US Initial Jobless Claims 12:30
US Housing Starts 12:30
US Current Account Balance 12:30 US U. of Michigan Confidence 13:55

19 20 21 22 2324 25
US Existing Home Sales MoM 14:00
US Existing Home Sales 14:00
US ABC Consumer Confidence 21:00
SZ Credit Suisse ZEW Survey
(Expectations) 9:00
US MBA Mortgage Applications 11:00
US House Price Index MoM 14:00
US FOMC Rate Decision 18:15
EUR Market Closed
SZ Trade Balance 6:15
US Initial Jobless Claims 12:30
US New Home Sales MoM 14:00
US New Home Sales 14:00
JN Corp Service Price Index
(YoY) 23:50
US Durable Goods Orders 12:30
US GDP QoQ (Annualized) 12:30
US GDP Price Index 12:30
US Core PCE QoQ 12:30
US Personal Consumption 12:30

26 27 282930 US PCE Core (MoM) 12:30

US Personal Spending 12:30
US PCE Core (YoY) 12:30
US PCE Deflator (YoY) 12:30
US Personal Income 12:30
US S&P/CaseShiller Home Price Ind 13:00
US S&P/CS 20 City MoM% SA 13:00
US S&P/CS Composite-20 YoY 13:00
US Consumer Confidence 14:00
US ABC Consumer Confidence 21:00
US MBA Mortgage Applications 11:00
US Pending Home Sales MoM 14:00
US Pending Home Sales YoY 14:00
JN Loans & Discounts Corp YoY 23:50

Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
US Chicago Purchasing Manager 13:45
US Bloomberg FCI Monthly 20:15

Volatile Market Event Select Markets Closed

 JULY2011
GFT Economic Calendar All events according to GMT
S U N D AY M O N D AY T U E S D AY
1 2
3 4 5 6 7 8 9 USD Market Closed
UK PMI Construction 8:30
UK PMI Services 8:30
UK Official Reserves (Changes) 8:30
US Factory Orders 14:00
US ABC Consumer Confidence 21:00
10 11 12 13 14 15 16 UK CPI (MoM) 8:30
UK CPI (YoY) 8:30
UK Core CPI YOY 8:30
UK Retail Price Index 8:30
US Trade Balance 12:30
17 18 19 20 21 22 23 US Total Net TIC Flows 13:00
US Net Long-term TIC Flows 13:00
JPY Market Closed
US Building Permits MOM% 12:30
US Housing Starts MOM% 12:30
US Building Permits 12:30
US Housing Starts 12:30
CA Bank of Canada Rate 13:00
24
31 25 26 27 2829 30
US S&P/CaseShiller Home Price Ind 13:00
US S&P/CS Composite-20 YoY 13:00
US Consumer Confidence 14:00
US New Home Sales MoM 14:00
US New Home Sales 14:00
Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
W E D N E S D AY
SZ Foreign Currency Reserves 7:00
US MBA Mortgage Applications 11:00
US ADP Employment Change 12:30
US ISM Non-Manf. Composite 14:00
US MBA Mortgage Applications 11:00
US Import Price Index (MoM) 12:30
US Import Price Index (YoY) 12:30
US MBA Mortgage Applications 11:00
US Existing Home Sales MoM 14:00
US Existing Home Sales 14:00
US MBA Mortgage Applications 11:00
US Cap Goods Orders Nondef Ex Air 12:30
US Cap Goods Ship Nondef Ex Air 12:30
US Durable Goods Orders 12:30
US Durables Ex Transportation 12:30
T H U R S D AY
UK Industrial Production (YoY) 8:30
UK Manufacturing Production (YoY) 8:30
UK BOE Asset Purchase Target 11:00
UK BOE Announces Rates 11:00
CA Ivey Purchasing Managers
Index 14:00
US Initial Jobless Claims 12:30
US PPI Ex Food & Energy (YoY) 12:30
US Producer Price Index (YoY) 12:30
US Retail Sales Ex Auto & Gas 12:30
US Business Inventories 14:00
SZ Trade Balance 6:15
UK Retail Sales Ex Auto Fuel (MoM) 8:30
UK Retail Sales Ex Auto Fuel (YoY) 8:30
UK Retail Sales w/Auto Fuel (YoY) 8:30
US Initial Jobless Claims 12:30
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
US Pending Home Sales MoM 14:00
US Pending Home Sales YoY 14:00
visit gftforex.com
F R I D AY S AT U R D AY
CAD Market Closed
EC ECB Announces Interest Rates 11:45
UK PMI Manufacturing 8:30
US U. of Michigan Confidence 13:55
US Construction Spending MoM 14:00
US ISM Manufacturing 14:00
UK PPI Output Core NSA (YoY) 8:30
US Change in Private Payrolls 12:30
US Change in Nonfarm Payrolls 12:30
US Change in Manufact. Payrolls 12:30
US Unemployment Rate 12:30
US CPI Ex Food & Energy (YoY) 12:30
US Consumer Price Index (YoY) 12:30
US CPI Core Index SA 12:30
US Consumer Price Index NSA 12:30
US Industrial Production 13:15
US GDP QoQ (Annualized) 12:30
US GDP Price Index 12:30
US Core PCE QoQ 12:30
US Personal Consumption 12:30
US Chicago Purchasing Manager 13:45
Volatile Market Event Select Markets Closed
 AUGUST2011
GFT Economic Calendar All events according to GMT
S U N D AY M O N D AY
1 2 3 4 5 6 CAD, AUD and CHF Markets Closed
UK PMI Manufacturing 8:30
US Construction Spending MoM 14:00
US ISM Manufacturing 14:00
US ISM Prices Paid 14:00
7 8 9 10 11 12 13
14 15 16 17 18 19 20 US Total Net TIC Flows 13:00
US Net Long-term TIC Flows 13:00
21 22 23 24 25 26 27
28 2930 31 GBP Market Closed
US PCE Core (YoY) 12:30
US Personal Spending 12:30
US PCE Deflator (YoY) 12:30
US Personal Income 12:30
US Pending Home Sales YoY 14:00
Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
T U E S D AY
UK PMI Construction 8:30
US Personal Spending 12:30
US PCE Core (YoY) 12:30
US PCE Deflator (YoY) 12:30
US Personal Income 12:30
UK Industrial Production (YoY) 8:30
UK Manufacturing Production (YoY) 8:30
US Nonfarm Productivity 12:30
US IBD/TIPP Economic Optimism 14:00
US FOMC Rate Decision 18:15
UK CPI (YoY) 8:30
UK Retail Price Index 8:30
US Import Price Index (YoY) 12:30
US Housing Starts 12:30
US Industrial Production 13:15
SZ Trade Balance 6:15
US New Home Sales MoM 14:00
US New Home Sales 14:00
US ABC Consumer Confidence 21:00
US S&P/CaseShiller Home Price Ind 13:00
US S&P/CS Composite-20 YoY 13:00
US S&P/Case-Shiller US HPI 13:00
US S&P/Case-Shiller US HPI YOY% 13:00
US Consumer Confidence 14:00
W E D N E S D AY
EUR Market Closed
UK PMI Services 8:30
UK Official Reserves (Changes) 8:30
US ADP Employment Change 12:30
US ISM Non-Manf. Composite 14:00
US Factory Orders 14:00
US MBA Mortgage Applications 11:00
US Wholesale Inventories 14:00
US MBA Mortgage Applications 11:00
US Producer Price Index (MoM) 12:30
US PPI Ex Food & Energy (YoY) 12:30
US Producer Price Index (YoY) 12:30
US PPI Ex Food & Energy (MoM) 12:30
US MBA Mortgage Applications 11:00
US Cap Goods Orders Nondef
Ex Air 12:30
US Cap Goods Ship Nondef Ex Air 12:30
US Durable Goods Orders 12:30
US Durables Ex Transportation 12:30
US House Price Purchase Index QoQ 14:00
US House Price Index MoM 14:00
US MBA Mortgage Applications 11:00
US ADP Employment Change 12:30
US Chicago Purchasing Manager 13:45
US Factory Orders 14:00
visit gftforex.com
T H U R S D AY F R I D AY S AT U R D AY
UK BOE Asset Purchase Target 11:00
UK BOE Announces Rates 11:00
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
EC ECB Announces Interest Rates 11:45
SZ Foreign Currency Reserves 7:00
US Change in Private Payrolls 12:30
US Change in Nonfarm Payrolls 12:30
US Change in Manufact. Payrolls 12:30
US Unemployment Rate 12:30
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
US Trade Balance 12:30
US Advance Retail Sales 12:30
US Retail Sales Ex Auto & Gas 12:30
US Retail Sales Less Autos 12:30
US U. of Michigan Confidence 13:55
US Business Inventories 14:00
UK Retail Sales w/Auto Fuel (YoY) 8:30
US Consumer Price Index (YoY) 12:30
US CPI Core Index SA 12:30
US Consumer Price Index NSA 12:30
US Initial Jobless Claims 12:30
US GDP QoQ (Annualized) 12:30
SZ Credit Suisse ZEW Survey (Expec- US GDP Price Index 12:30
tations) 9:00 US Core PCE QoQ 12:30
US Initial Jobless Claims 12:30 US Personal Consumption 12:30
US Continuing Claims 12:30 US U. of Michigan Confidence 13:55
Volatile Market Event Select Markets Closed
 SEPTEMBER2011
GFT Economic Calendar All events according to GMT
visit gftforex.com

S U N D AY M O N D AY T U E S D AY W E D N E S D AY T H U R S D AY F R I D AY S AT U R D AY

1 2 3 EUR Market Closed

SZ GDP (QoQ) 5:45
SZ GDP (YoY) 5:45
US Nonfarm Productivity 12:30
US Construction Spending MoM 14:00
US ISM Manufacturing 14:00
UK PMI Construction 8:30
US Change in Private Payrolls 12:30
US Change in Nonfarm Payrolls 12:30
US Change in Manufact. Payrolls 12:30
US Unemployment Rate 12:30

4 5 6 7 8 9 10 USD and CAD Markets Closed

UK PMI Services 8:30
UK Official Reserves (Changes) 8:30
SZ Foreign Currency Reserves 7:00
US ISM Non-Manf. Composite 14:00
US ABC Consumer Confidence 21:00
UK Industrial Production (YoY) 8:30
UK Manufacturing Production (YoY) 8:30
UK NIESR GDP Estimate 4:00
CA Bank of Canada Rate 13:00
CA Ivey Purchasing Managers
Index 14:00
UK BOE Asset Purchase Target 11:00
UK BOE Announces Rates 11:00
EC ECB Announces Interest Rates 11:45
US Trade Balance 12:30
US Consumer Credit 19:00
UK PPI Input NSA (YoY) 8:30
UK PPI Output n.s.a. (YoY) 8:30
UK PPI Output Core NSA (MoM) 8:30
UK PPI Output Core NSA (YoY) 8:30
US Wholesale Inventories 14:00

11 12 13 14 15 16 17 UK CPI (MoM) 8:30

UK CPI (YoY) 8:30
UK Core CPI YOY 8:30
US NFIB Small Business Optimism 11:30
US Import Price Index (YoY) 12:30
US Producer Price Index (MoM) 12:30
US PPI Ex Food & Energy (YoY) 12:30
US Producer Price Index (YoY) 12:30
US Advance Retail Sales 12:30
US Retail Sales Ex Auto & Gas 12:30
UK Retail Sales w/Auto Fuel 8:30
US Consumer Price Index (YoY) 12:30
US CPI Core Index SA 12:30
US Consumer Price Index NSA 12:30
US Current Account Balance 12:30
US Total Net TIC Flows 13:00
US Net Long-term TIC Flows 13:00
US U. of Michigan Confidence 13:55

18 1920 21 22 2324 JPY Market Closed

SZ Trade Balance 6:15
US Housing Starts MOM% 12:30
US Building Permits 12:30
US Housing Starts 12:30
US FOMC Rate Decision 18:15
US MBA Mortgage Applications 11:00
US Existing Home Sales MoM 14:00
US Existing Home Sales 14:00
SZ Credit Suisse ZEW Survey (Expec-
tations) 9:00
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
US House Price Index MoM 14:00 JPY Market Closed

25 26 27 282930 US New Home Sales MoM 14:00

US New Home Sales 14:00
US S&P/CaseShiller Home Price Ind 13:00
US S&P/CS 20 City MoM% SA 13:00
US S&P/CS Composite-20 YoY 13:00
US Consumer Confidence 14:00
US ABC Consumer Confidence 21:00
US MBA Mortgage Applications 11:00
US Cap Goods Orders Nondef Ex Air 12:30
US Cap Goods Ship Nondef Ex Air 12:30
US Durable Goods Orders 12:30
US Durables Ex Transportation 12:30

Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
US GDP QoQ (Annualized) 12:30
US GDP Price Index 12:30
US Core PCE QoQ 12:30
US Personal Consumption 12:30
US Initial Jobless Claims 12:30
US Personal Spending 12:30
US PCE Core (YoY) 12:30
US Personal Income 12:30
US Chicago Purchasing Manager 13:45
US U. of Michigan Confidence 13:55

Volatile Market Event Select Markets Closed

 OCTOBER2010
GFT Economic Calendar All events according to GMT
visit gftforex.com

S U N D AY M O N D AY T U E S D AY W E D N E S D AY T H U R S D AY F R I D AY S AT U R D AY

1
2 3 4 5 6 7 8
UK PMI Manufacturing 8:30
US Construction Spending MoM 14:00
US ISM Manufacturing 14:00
US ISM Prices Paid 14:00
UK PMI Construction 8:30
US Factory Orders 14:00
US ABC Consumer Confidence 21:00
UK PMI Services 8:30
UK Official Reserves (Changes) 8:30
US MBA Mortgage Applications 11:00
US ADP Employment Change 12:30
US ISM Non-Manf. Composite 14:00
SZ Foreign Currency Reserves 7:00
UK BOE Asset Purchase Target 11:00
UK BOE Announces Rates 11:00
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
CA Ivey Purchasing Managers Index 14:00
EC ECB Announces Interest Rates 11:45
UK PPI Output Core NSA (YoY) 8:30
US Change in Private Payrolls 12:30
US Change in Nonfarm Payrolls 12:30
US Change in Manufact. Payrolls 12:30
US Unemployment Rate 12:30

9 10 11 12 13 14 15 JPY Market Closed

CAD Market Closed
US IBD/TIPP Economic Optimism 14:00
US MBA Mortgage Applications 11:00
AUD Market Closed
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
US Trade Balance 12:30
US Import Price Index (YoY) 12:30
US Advance Retail Sales 12:30
US Retail Sales Ex Auto & Gas 12:30
US Retail Sales Less Autos 12:30
US U. of Michigan Confidence 13:55

16 17 18 19 20 21 22 US Capacity Utilization 13:15

US Industrial Production 13:15
UK CPI (YoY) 8:30
UK Core CPI YOY 8:30
UK Retail Price Index 8:30
US PPI Ex Food & Energy (YoY) 12:30
US Producer Price Index (YoY) 12:30
US Consumer Price Index (YoY) 12:30
US CPI Core Index SA 12:30
US Consumer Price Index NSA 12:30
US Building Permits 12:30
US Housing Starts 12:30
SZ Trade Balance 6:15
UK Retail Sales Ex Auto Fuel(YoY) 8:30
UK Retail Sales w/Auto Fuel (YoY) 8:30
US Initial Jobless Claims 12:30
US Existing Home Sales 14:00

23 24
30 31 25 26 27 2829
CHF and NZD Market Closed
US Chicago Purchasing Manager 13:45
US Bloomberg FCI Monthly 20:15
CA Bank of Canada Rate 13:00
US S&P/CaseShiller Home Price Ind 13:00
US S&P/CS 20 City MoM% SA 13:00
US S&P/CS Composite-20 YoY 13:00
US Consumer Confidence 14:00
US Cap Goods Orders Nondef Ex Air 12:30
US Durable Goods Orders 12:30
US Durables Ex Transportation
12:30
US New Home Sales MoM 14:00
US New Home Sales 14:00
US GDP QoQ (Annualized) 12:30
US GDP Price Index 12:30
US Core PCE QoQ 12:30
US Personal Consumption 12:30
US Pending Home Sales YoY 14:00
US Employment Cost Index 12:30
US Personal Spending 12:30
US PCE Core (YoY) 12:30
US PCE Deflator (YoY) 12:30
US Personal Income 12:30

Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible Volatile Market Event Select Markets Closed
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
 NOVEMBER2011
GFT Economic Calendar All events according to GMT
visit gftforex.com

S U N D AY M O N D AY T U E S D AY W E D N E S D AY T H U R S D AY F R I D AY S AT U R D AY

1 2 3 4 5 UK PMI Manufacturing 9:30

US Construction Spending MoM 14:00
US ISM Manufacturing 14:00
US ISM Prices Paid 14:00
US ABC Consumer Confidence 21:00
UK PMI Construction 8:30
US MBA Mortgage Applications 11:00
US ADP Employment Change 12:30
US FOMC Rate Decision 18:15
JPY Market Closed
UK PMI Services 8:30
UK Official Reserves (Changes) 8:30
US Unit Labor Costs 12:30
US Nonfarm Productivity 12:30
US ISM Non-Manf. Composite 14:00
SZ Foreign Currency Reserves 7:00
US Change in Private Payrolls 12:30
US Change in Nonfarm Payrolls 12:30
US Change in Manufact. Payrolls 12:30
US Unemployment Rate 12:30

6 7 8 9 10 11 12 US Consumer Credit 19:00

UK Industrial Production (YoY) 8:30
UK Manufacturing Production (YoY) 8:30
US NFIB Small Business Optimism 11:30
UK NIESR GDP Estimate 4:00
US IBD/TIPP Economic Optimism 14:00
US MBA Mortgage Applications 11:00
US Wholesale Inventories 14:00
UK BOE Asset Purchase Target 11:00
UK BOE Announces Rates 11:00
US Import Price Index (MoM) 12:30
US Import Price Index (YoY) 12:30
US Trade Balance 12:30
USD and CAD Markets Closed
UK PPI Input NSA (YoY) 8:30
UK PPI Output n.s.a. (YoY) 8:30
UK PPI Output Core NSA (MoM) 8:30
UK PPI Output Core NSA (YoY) 8:30
US U. of Michigan Confidence 13:55

13 14 15 16 17 18 19 UK CPI (YoY) 8:30

UK Core CPI YOY 8:30
US PPI Ex Food & Energy (YoY) 12:30
US Producer Price Index (YoY) 12:30
US Retail Sales Less Autos 12:30
US CPI Ex Food & Energy (YoY) 12:30
US Consumer Price Index (YoY) 12:30
US CPI Core Index SA 12:30
US Consumer Price Index NSA 12:30
US Capacity Utilization 13:15
UK Retail Sales Ex Auto Fuel(YoY) 8:30
UK Retail Sales w/Auto Fuel (YoY) 8:30
US Initial Jobless Claims 12:30
US Building Permits 12:30
US Housing Starts 12:30

20 21 22 2324 25 26 SZ Trade Balance 6:15

US GDP QoQ (Annualized) 12:30
US GDP Price Index 12:30
US Core PCE QoQ 12:30
US Personal Consumption 12:30
US Cap Goods Orders Nondef Ex Air 12:30
US Durable Goods Orders 12:30
US Personal Spending 12:30
US PCE Core (YoY) 12:30
US Personal Income 12:30 USD Market Closed

27 28 2930 US New Home Sales MoM 14:00

US New Home Sales 14:00
US S&P/CS Composite-20 YoY 13:00
US S&P/Case-Shiller US HPI 13:00
US S&P/Case-Shiller US HPI YOY% 13:00
US Consumer Confidence 14:00
US House Price Purchase Index QoQ 14:00
US ADP Employment Change 12:30
US Unit Labor Costs 12:30
US Nonfarm Productivity 12:30
US Chicago Purchasing Manager 13:45
US Pending Home Sales YoY 14:00

Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
Volatile Market Event Select Markets Closed
 DECEMBER2011
GFT Economic Calendar All events according to GMT
S U N D AY M O N D AY T U E S D AY
1 2 3
4 5 6 7 8 9 10 UK PMI Services 8:30
UK Official Reserves (Changes) 8:30
US ISM Non-Manf. Composite 14:00
US Factory Orders 14:00
SZ Foreign Currency Reserves 7:00
CA Bank of Canada Rate 13:00
US IBD/TIPP Economic Optimism 14:00
CA Ivey Purchasing Managers Index 14:00
US ABC Consumer Confidence 21:00
11 12 13 14 15 16 17 UK CPI (YoY) 8:30
UK Core CPI YOY 8:30
US Retail Sales Less Autos 12:30
US Business Inventories 14:00
US FOMC Rate Decision 18:15
18 1920 21 22 2324 SZ Trade Balance 6:15
US Housing Starts MOM% 12:30
US Building Permits 12:30
US Housing Starts 12:30
US ABC Consumer Confidence 21:00
25 26 27 282930 31
GBP, CHF, USD and NZD
Markets Closed
US S&P/CaseShiller Home Price Ind 13:00
US S&P/CS 20 City MoM% SA 13:00
US S&P/CS Composite-20 YoY 13:00
USD, CAD, AUD, EUR, and GBP CAD, EUR, GBP and NZD US Consumer Confidence 14:00
Markets Closed Markets Closed US ABC Consumer Confidence 21:00
Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
W E D N E S D AY
UK Industrial Production (YoY) 8:30
UK Manufacturing Production (MoM) 8:30
UK Manufacturing Production (YoY) 8:30
UK NIESR GDP Estimate 4:00
US Consumer Credit 19:00
SZ Credit Suisse ZEW Survey
(Expectations) 9:00
US MBA Mortgage Applications 11:00
US Import Price Index (MoM) 12:30
US Import Price Index (YoY) 12:30
US MBA Mortgage Applications 11:00
US Existing Home Sales MoM 14:00
US Existing Home Sales 14:00
US MBA Mortgage Applications 11:00
visit gftforex.com
T H U R S D AY F R I D AY S AT U R D AY
SZ GDP (QoQ 5:45
SZ GDP (YoY) 5:45
UK PMI Manufacturing 8:30
US Initial Jobless Claims 12:30
US ISM Manufacturing 14:00
UK PMI Construction 8:30
US Change in Private Payrolls 12:30
US Change in Nonfarm Payrolls 12:30
US Change in Manufact. Payrolls 12:30
US Unemployment Rate 12:30
UK BOE Asset Purchase Target 11:00
UK BOE Announces Rates 11:00
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
US Wholesale Inventories 14:00
UK PPI Input NSA (YoY) 8:30
UK PPI Output n.s.a. (YoY) 8:30
UK PPI Output Core NSA (YoY) 8:30
US Trade Balance 12:30
US U. of Michigan Confidence 13:55
UK Retail Sales Ex Auto Fuel(YoY) 8:30
UK Retail Sales w/Auto Fuel (YoY) 8:30
US Initial Jobless Claims 12:30
US Producer Price Index (YoY) 12:30
US Industrial Production 13:15
US CPI Ex Food & Energy (YoY) 12:30
US Consumer Price Index (YoY) 12:30
US CPI Core Index SA 12:30
US Consumer Price Index NSA 12:30
US Current Account Balance 12:30
US GDP QoQ (Annualized) 12:30
US GDP Price Index 12:30
US Core PCE QoQ 12:30
US Personal Consumption 12:30
US U. of Michigan Confidence 13:55
US Cap Goods Orders Nondef
Ex Air 12:30
US Durable Goods Orders 12:30
US Personal Spending 12:30
US PCE Core (YoY) 12:30
US Personal Income 12:30 EUR and AUD Markets Closed
US Initial Jobless Claims 12:30
US Continuing Claims 12:30
US Chicago Purchasing Manager 13:45
US Pending Home Sales MoM 14:00
US Pending Home Sales YoY 14:00 US Bloomberg FCI Monthly 20:15 JPY and EUR Markets Closed
Volatile Market Event Select Markets Closed
 GLOSSARY
You may have looked at the announcements in this calendar and wondered, “What
kind of impact does that event have on the market?” That’s why we gftforex.com
list of announcements and a brief explanation of what they are below.
GFT Economic Calendar All events according to GMT
ADP Employment (US)
A-C
This measures non-farm private employment in the U.S. labour market. As a payroll
services company that pays 1-in-6 private sector employees every pay period
across a broad range of industries, ADP and its report are widely respected by
traders. This release is often used to forecast other reports.
Beige Book (US)
Compiled by the Federal Reserve, this summary compiles the economic issues and
conditions of interest to bankers, businesses and other professionals in the 12 U.S.
Federal districts. Traders are interested in this report as the Federal Open Market
Committee (FOMC) will use information in this report when determining interest
rate changes.
Business Inventories
This figure reports the total value of inventory held by retailers, wholesalers,
manufacturers and other companies and compares it to previously reported
numbers. The Business Inventories release often provides an indication of the state
of an economy. Nonetheless, this number should be considered carefully. While
rising inventories may be negative in a weak economy, they may also be a positive
sign in a growing economy.
Chain Store Sales
This report measures and compares the sales performance of retail chain stores
in the U.S. Traders use this report to gauge other reports, such as consumer
confidence.
Chicago PMI (US)
This index usually surveys purchasing managers in a region on business conditions
and the economy; the Chicago PMI surveys managers in Illinois, Indiana and
Michigan. Traders mainly use this report to anticipate the results of the ISM
Manufacturing release. Usually, rising numbers mean the value of the U.S. dollar
may jump.
Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
visit included this
Construction Spending
This calculates the total amount of money spent by the construction industry in a
particular country or region. Construction data usually has an impact on a variety
of statistics that contribute to the whole economy.
Consumer Confidence
Consumer spending is a major component of a country or region’s GDP; naturally,
traders want to be able to gauge how consumers currently feel about the economy.
This report surveys consumers about their financial situation as well as their ability
to buy and compiles this data in this release.
Consumer Credit
This provides a breakdown of the total value of outstanding credit debt held by
consumers. This figure includes non-mortgage credit that is paid in installments.
Consumer credit is related to consumer confidence.
Consumer Prices
This is one of the central measures of inflation. Rising prices mean consumers need
to spend more money to purchase basics, like food, fuel, housing, and clothing. This
can have an exponential impact on products as price increases propagate through
the economy. This report measures the average price of products, compares them to
previous reports, and examines factors that may have contributed to their change.
Current Account
Current account is the combined total of a country’s trade balance (goods and services
imported to those exported), income payments (such as salaries or investment
income) and transfers (such as taxes or aid). Positive numbers suggest a current
account surplus meaning that capital is staying in or entering the economy. This is
viewed as positive for the currency. Negative numbers suggest that capital is exiting
into the economies of other countries, which is negative for an economy.
 GLOSSARY
GFT Economic Calendar All events according to GMT
Durable Goods
D-F
This totals the value of new purchase orders (P.O.s) placed with manufacturers for
goods made to last more than three years. A falling number usually has a negative
effect on a currency.
Empire State Survey (US)
G-J
This survey measures the sentiments of manufacturing executives in New York
state on business conditions and the economy. Usually, rising numbers mean the
value of the U.S. dollar may jump.
Employment
This reports statistics on the number of people in a country or region looking for
work, and/or filing for assistance. Employment is measured differently by country
or region. Improved or positive employment numbers are positive for any economy
and its currency.
Employment Cost Index (ECI) (US)
This report compiles changes in wages, salaries and employer costs for employee
benefits and calculates the change in the cost of labor. Rising or falling numbers
can indicate different things, depending on the state of the economy.
Factory Orders
When the economy of a country or region is growing, manufacturers are busy and
sell more products. This figure reports the total value of orders placed at factories
and compares that to previously reported numbers. Stronger factory orders are
positive for a currency.
Fed Survey (US)
These surveys rate the sentiments of manufacturing executives in a particular
area on the state of the industry. This calendar reports on five regions: Chicago,
Dallas, Kansas City, Philadelphia and Richmond. These reports are primarily used to
forecast other figures. Improving numbers in a Fed Survey should exhibit improved
manufacturing conditions, lifting the U.S. dollar.
Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
visit gftforex.com
FHFA HPI (Federal Housing Finance Agency House Price Index)
(US)
This measures the change in the price of single-family houses. Housing statistics
usually have an impact on a variety of statistics that contribute to the whole economy.
GDP
This combines a country’s private consumption, capital investment, government
expenditures and current account (the difference between exports and imports).
GDP data is extremely important to an economy as it has an impact on the value of a
country’s currency.
Housing Starts
This report looks at the number of newly constructed residential buildings.
Construction data usually has an impact on a variety of statistics that contribute to the
whole economy.
Housing Vacancies (US)
This calculates the number of vacant, single- and multi-family housing units on the
market. This number is broken down by region, state and metropolitan area. Traders
are interested as it has an impact on a variety of statistics that contribute to the whole
economy.
Industrial Production
This measures the production levels of the largest industries (manufacturing, mining
and energy supply) in a country or region. For traders, this provides an indication
of industry activity and GDP. Industrial Production is also used by governments and
central banks to set monetary policies, which also interests traders.
Inflation
This measures the change in consumer prices compared to the previous year’s prices.
Rising prices mean consumers need to spend more money to purchase basics, like
food, fuel, housing, and clothing. This can have an exponential impact on products as
price increases propagate through the economy.
 GLOSSARY
GFT Economic Calendar All events according to GMT
Import Prices
L-N
This tracks the change in the prices of goods being imported into a country or
region. The value of goods being imported provides an idea of how much capital is
flowing out of a particular economy. This ultimately has an impact on other statistics
and the foreign exchange rate of the country/region’s currency.
Initial Claims (U.S.)
This reports the number of qualified people who applied for unemployment benefits
for the first-time. An increase in initial claims forecasts complications in the labor
market. As the level of employment is a direct indication of economic health, higher
claims should hurt the U.S. dollar.
ISM Manufacturing (U.S.)
This rates the sentiments of manufacturing supply managers on employment,
orders and other factors contributing to the general state of the industry. It is usually
based on information they have collected from their own organizations. Higher ISM
Manufacturing figures reflect improved economic growth and expectations, which
can result in a higher U.S. dollar.
ISM Non-Manufacturing (U.S.)
Like the ISM Manufacturing, this statistic rates the sentiments of non-manufacturing
supply managers on employment, orders and other factors contributing to the
general state of the industry. Higher ISM Non-Manufacturing figures reflect improved
economic growth and expectations, which can result in a higher U.S. dollar.
IVEY PMI (CAD)
This measures the sentiments of individual purchasing managers on their
organization’s activity in purchasing, prices, deliveries, inventory and employment.
Traders use this survey to gauge the willingness of organizations to spend money
and their confidence in the direction of the Canadian economy.
JOLTS (Job Openings and Labor Turnover Survey) (U.S.)
This report measures the demand for labor. JOLTS looks at the number of job
openings and creates a snapshot of the U.S. labor market. Most traders are interested
in this as employment can have an impact on other reports.
Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
visit gftforex.com
Leading Indicators
This forecasts the direction of a country or region’s economy by creating a composite
of economic indicators that represent major GDP components. For traders, the
Leading Indicators provides a quick overview of economic conditions. Most traders
are interested in the difference between the reported numbers and those from the
previous month.
Light Vehicle Sales
This calculates the number and value of cars and light trucks (GVW Classes 1-3,
under 14,001 lbs.).Traders are interested in this report as motor vehicle sales have an
impact on retail sales. This is also used to measure the rate of consumer spending and
ultimately calculate GDP.
Minutes
This release lists key points made during the central bank meeting of a country or
region. Traders are interested in this report as the minutes may provide an indication of
upcoming policy decisions.
New Home Sales
This totals the number, sales rate and median prices of newly constructed residential
homes sold in the last month. Weaker home sales indicate strain in the housing market,
which can be bearish for a currency.
NAHB (National Association of Home Builders) Survey
(U.S.)
This compiles the sentiments of NAHB members on the state of the housing market
and the construction industry in the U.S. Traders are interested in this as it provides
insight into other reports, such as consumer spending.
NFIB (National Federation of Independent Business) Survey
(U.S.)
This surveys small business owners on the current state of the economy and their
future expectations. Traders are interested in this as it provides insight into reports
such as productivity and employment.
 GLOSSARY
GFT Economic Calendar All events according to GMT
Non-Farm Payrolls
This release compares the output to the number of hours input by workers (outside
of the farming industry). Stronger employment is positive for any economy and its
currency.
Personal Income
P-S
This release reports the change in the total value of wages, salaries and other
income that consumers receive. Weaker income could hurt consumer spending,
which in turn, has an impact on a country’s income.
PMI Manufacturing
This survey rates the sentiments of manufacturing executives on the state of the
industry in a particular country or region. Improved levels of manufacturing should
boost a nation’s currency.
PMI Services
This survey rates the sentiments of service-industry executives on current
T-Z
economic conditions in a particular country or region. As the service industry
comprises a large portion of most economies, improved levels of service sector
activity should boost the nation’s currency.
Producer Price Index
This reports the change in the cost of materials, fuels and electricity and other
items that go into the production of goods. Producer prices are a measure of
inflation; stronger inflation pressures are bullish while weaker pressures are
bearish.
Productivity and Costs
This reports the rate of non-farm, business sector labor productivity and how much it
cost. Traders use this report to gauge inflation. Positive productivity numbers bode well
for an economy as corporations are able to produce more without raising employee
wages creating consumer price consistency. Analysts consider the economy to be
expanding when labor productivity numbers increase.
Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
visit gftforex.com
Rate Decision
This release reports the decision of a country or region’s central bank to change or
maintain the interest rate. This is usually one of the most market moving events for
a currency. Rate hikes tend to be positive for a currency while rate cuts tend to be
negative.
Retail Sales
This compiles sales figures from the retail industry in a particular country or region. As
a primary input to GDP, stronger consumer spending is positive for a currency while
weaker spending is negative.
S&P/Case-Shiller House Price Index (U.S.)
This reports the change in the resale value of residential buildings in select U.S. cities.
Lower prices reflect weaker demand, which can be bearish for the dollar.
TIC (Treasure International Capital System) Data
This report collects data from banks and other financial organizations on capital
flows in and out of the U.S. This information is used in calculating the U.S. Balance
of Payment accounts.
Trade Balance
This compares the number of goods and services imported to the number exported
from a particular country or region. A stronger trade surplus is usually positive for a
currency while a larger trade deficit is negative.
U. of Michigan Confidence
This surveys consumers on the state of the economy and compiles the results. The
Survey of Consumers at the University of Michigan notes, “Economic optimism
promotes consumer confidence and a willingness to make large expenditures and
debt commitments, while economic uncertainty breeds pessimism and a desire to
curtail expenditures and rebuild financial reserves.”
 GLOSSARY
GFT Economic Calendar All events according to GMT
visit gftforex.com

Unemployment
This reports statistics related to the number of people in a country or region
looking for work, and/or filing for assistance. See Employment.

Wholesale Trade
This analyzes the performance of the wholesale trade sector based on the changes
in the prices of the products. Consistent changes in wholesale numbers eventually
have an impact on consumer prices; this affects a number of reports, such as retail
sales and consumer spending.

Note: This calendar only provides general information and it is not meant to be a trading guide. Dates are subject to change. GFT cannot be held responsible
for the eventual inaccuracies that might occur. Visit our website at fx360.com or gftforex.com. © 2010 Global Futures & Forex, Ltd. All rights reserved.
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The contents of this economic calendar are provided for general information purposes only and do not take into account
any persons objectives, financial situation or needs and are not personal advice. Global Forex Trading and the currency
research team do not provide any investment, legal, accounting, tax or other professional advice. Readers should consider EMAIL US
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before acting on the content. IMPORTANT NOTE: Trading foreign exchange on margin carries a high level of risk, and may
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trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The
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money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and
seek advice from an independent financial advisor if you have any doubts. Past performance is not necessarily indicative of
future results. © 2010 Global Futures & Forex, Ltd. All rights reserved. CD04U.145.123010.