Date
GMT+07:00
Event Value
Apr, 02 19:30
★★★
Unemployment Claims
Unemployment Claims
Country:
Date: Apr, 02 19:30
Importance: High
Previous: 210K
Forecast: 212K
Actual: -
Period: Apr

The indicator shows the number of unemployed people in the USA.

210K
Apr, 02 19:30
★★
Continuing Claims
Continuing Claims
Country:
Date: Apr, 02 19:30
Importance: Medium
Previous: 1819K
Forecast: 1840K
Actual: -
Period: Apr

Continuing claims refers to unemployed workers that qualify for benefits under unemployment insurance. In order to be included in continuing claims, the person must have been covered by unemployment insurance and be currently receiving benefits. Data on unemployment claims is published by the Department of Labor on a weekly basis, allowing for frequent updates on the levels of unemployment.

1819K
Apr, 02 19:30
★★
Trade Balance
Trade Balance
Country:
Date: Apr, 02 19:30
Importance: Medium
Previous: -54.5
Forecast: -59.8
Actual: -
Period: Feb

A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

Surpluses and Deficits
A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

Ramifications of Trade Balance on Markets
There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

-54.5
Apr, 02 19:30
★★
Trade Balance
Trade Balance
Country:
Date: Apr, 02 19:30
Importance: Medium
Previous: -3.6
Forecast: -1.9
Actual: -
Period: Apr

A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

Surpluses and Deficits
A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

Ramifications of Trade Balance on Markets
There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

-3.6
Apr, 02 21:30
EIA Natural Gas Storage Change
EIA Natural Gas Storage Change
Country:
Date: Apr, 02 21:30
Importance: Low
Previous: -54
Forecast: 38
Actual: -
Period: Apr

Weekly report about natural gas storage change in the USA.

-54
Apr, 03 08:45
★★
Markit Services PMI
Markit Services PMI
Country:
Date: Apr, 03 08:45
Importance: Medium
Previous: 56.7
Forecast: 53.7
Actual: -
Period: Mar
The Chinese Markit Services PMI is compiled by questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy. The Markit Services PMI Index is developed for providing the most up-to-date possible indication of what is really happening in the private sector economy by tracking variables such as sales, employment, inventories and prices. A higher than expected reading should be taken as positive/bullish for the CNY , while a lower than expected reading should be taken as negative/bearish for the CNY.
56.7
Apr, 03 13:45
Industrial Production
Industrial Production
Country:
Date: Apr, 03 13:45
Importance: Low
Previous: 0.5%
Forecast: -0.1%
Actual: -
Period: Feb

Measures the level of production of French industries. French Industrial Production tracks relative changes in the production of goods, excluding energy and food, whether they are sold domestically or abroad. The headline figure is the percentage change in the index from the previous quarter or year.

Industrial Production is highly sensitive to the business cycle, and so can forecast changes in employment, earnings, and personal income. Consequently, Industrial Production is considered a reliable leading indicator of the overall health of the French economy.

0.5%
Apr, 03 19:30
★★★
Non-Farm Payrolls
Non-Farm Payrolls
Country:
Date: Apr, 03 19:30
Importance: High
Previous: -92K
Forecast: 56K
Actual: -
Period: Mar

One of the most widely anticipated reports on the US economic calendar, the Employment Situation is a timely report that gives a picture of job creation, loss, wages and working hours in the United States. Data in the report relies on the Household Survey and the Establishment (or Payroll) Survey. While the Household Survey is based on the interviews to US households, the Establishment Survey queries business establishments, making it the preferred source of data. The Employment Situation's has many significant figures such as: Change in Non Farm Payrolls, Unemployment, Manufacturing Payrolls, and Average Hourly Earnings.

The headline figures for this report are reported monthly, as the total number of new jobs in thousands (say, 120K new jobs), and the unemployment rate.

Change in Non-farm Payrolls

Monthly change in employment excluding the farming sector. Non-farm payrolls is the most closely watched indicator in the Employment Situation, considered the most comprehensive measure of job creation in the US. Such a distinction makes the NFP figure highly significant, given the importance of labor to the US economy. Specifically, political pressures come into play, as the Fed is responsible for keeping employment in a healthy range and utilizes interest rate changes to do so. A surge in new Non-farm Payrolls suggests rising employment and potential inflation pressures, which the Fed often counters with rate increases. On the other hand, a consistent decline in Non-farm Employment suggests a slowing economy, which makes a decline in rates more likely.

-92K
Apr, 03 19:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Apr, 03 19:30
Importance: High
Previous: 4.4%
Forecast: 4.4%
Actual: -
Period: Mar

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

4.4%
Apr, 03 19:30
★★
Average Hourly Earnings
Average Hourly Earnings
Country:
Date: Apr, 03 19:30
Importance: Medium
Previous: 0.4%; 3.8%
Forecast: 0.3%
Actual: -
Period: Mar

An indicator of how the average level of pay is changing. The Average Hourly Earnings figure provides insight into future spending and inflation. A High Average Hourly Earnings bodes well for future consumption, as workers have more disposable income. High figures may indicate inflationary pressures due to employee's additional potential to spend. The figure is either measured in hourly or weekly averages or as a percent change from the previous month.

0.4%; 3.8%
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