Date
GMT+01:00
Event Value
Jul, 04 14:30
Composite PMI
Composite PMI
Country:
Date: Jul, 04 14:30
Importance: Low
Previous: 45.5
Forecast: -
Actual: -
Period: Jun

The Eurozone Composite Purchasing Managers Index (PMI) assesses business conditions in manufacturing, construction and service sectors. The Eurozone PMI is both a significant and timely indicator of business conditions and the general health of the economy. Close correlation with the business cycle, assessed on the basis of long-term statistical data, allows to use the PMI indicator for prognosis of future GDP volumes. The PMI indices are based on  selected panels of executives in companies who report each month on real events. The subindex of intangibles sector - PMI services - is of more importance because in industrialized countries around 70% of GDP is generated in non-manufacturing sector.

45.5
Jul, 04 14:30
PMI Services
PMI Services
Country:
Date: Jul, 04 14:30
Importance: Low
Previous: 45.6
Forecast: -
Actual: -
Period: Jun

Gauge for the overall performance of the country's service sector. The Services PMI interviews executives on the status of sales, employment, and their outlook. Because the performance of the country's service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. For this reason Services PMI usually causes little market movement. The survey results are quantified and presented as an index on a 1-100 scale. The headline figure is the percentage change in the index.

45.6
Jul, 04 10:00
PPI
PPI
Country:
Date: Jul, 04 10:00
Importance: Low
Previous: -2.2%; 0.7%
Forecast: -0.5%; 0.3%
Actual: -
Period: May

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

-2.2%; 0.7%
Jul, 04 09:30
★★
Construction PMI
Construction PMI
Country:
Date: Jul, 04 09:30
Importance: Medium
Previous: 47.9
Forecast: 48.6
Actual: -
Period: Jun

The Construction Purchasing Manager's Index (PMI) measures the level of activity among purchasing managers in the construction sector of the economy. Above 50 signals industry expansion; below 50 indicates a contraction. Construction figures are an important indicator of housing demand.

47.9
Jul, 04 09:00
Retail Sales
Retail Sales
Country:
Date: Jul, 04 09:00
Importance: Low
Previous: 0.7%; 3.7%
Forecast: 0.5%
Actual: -
Period: May

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures.

The headline figure is expressed as the percentage change from the same month last year.

0.7%; 3.7%
Jul, 04 08:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jul, 04 08:00
Importance: Low
Previous: 2.9%; 2.8%
Forecast: 2.9%
Actual: -
Period: Jun

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.

High unemployment translates into lower average wages and reduced consumer spending. As consumer spending is the majority of total expenditure, rising unemployment often leads to slow economic growth. In addition, high or rising unemployment puts downward pressure on interest rates and leads to a depreciating Franc.

2.9%; 2.8%
Jul, 04 07:45
Industrial Production
Industrial Production
Country:
Date: Jul, 04 07:45
Importance: Low
Previous: -1.4%
Forecast: 0.4%
Actual: -
Period: May

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.

-1.4%
Jul, 04 07:00
Factory Orders
Factory Orders
Country:
Date: Jul, 04 07:00
Importance: Low
Previous: 0.6%; 4.8%
Forecast: -0.2%
Actual: -
Period: May

Dollar volume of new orders, shipments, unfilled orders and inventories as reported by domestic manufacturers. Factory Orders is not a widely watched economic release.

Factor Orders does provide a comprehensive look at the manufacturing sector. Specifically, the New Orders figure can act as a gauge of demand across industries while Shipments are indicative of supply. The Unfilled Orders and Inventory figures reconcile the balance between New Orders and Shipments; high Shipments are indicative of an excess of demand relative to supply, high Inventories signal an excess of supply over demand.

Figures are reported in billions of dollars and also in percent change from the previous month.

On a Technical Note: The New Orders figure measures the value of orders received by manufacturers for new products from both domestic and foreign sources. The total value of products shipped is calculated in Shipments while Unfilled Orders measures the value of goods backlogged for order but not yet shipped. Lastly, Inventories gauges the amount of unsold goods held by manufacturers.

0.6%; 4.8%
Jul, 04 00:30
Household Spending
Household Spending
Country:
Date: Jul, 04 00:30
Importance: Low
Previous: -0.1%
Forecast: 1.3%
Actual: 4.7%
Period: May

A survey of both wage-earning and non-working households, such as those classified as single-member, unemployed, or retired. The headline figure is the percentage change in average spending per household from the previous year. Increases in household spending are favorable for the Japanese economy because high consumer spending generally leads to higher levels of economic growth. Higher spending is also a sign of consumer optimism, as households confident in their future outlook will spend more. At the same time accelerated growth exerts inflationary pressure, which can lead to interest rate increases in the future.

4.7%
Jul, 03 18:00
Baker Hughes U.S. Rig Count
Baker Hughes U.S. Rig Count
Country:
Date: Jul, 03 18:00
Importance: Low
Previous: 547
Forecast: -
Actual: 539
Period: Jul
The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.
539
Jul, 03 16:00
FOMC Member Raphael W. Bostic Speaks
FOMC Member Raphael W. Bostic Speaks
Country:
Date: Jul, 03 16:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Bank of Atlanta President Raphael Bostic - FOMC voting member 2018. Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy. More hawkish than expected is good for currency.
Jul, 03 15:30
EIA Natural Gas Storage Change
EIA Natural Gas Storage Change
Country:
Date: Jul, 03 15:30
Importance: Low
Previous: 96
Forecast: 48
Actual: 55bln
Period: Jul

Weekly report about natural gas storage change in the USA.

55bln
Jul, 03 15:00
Factory Orders
Factory Orders
Country:
Date: Jul, 03 15:00
Importance: Low
Previous: -3.9%; -0.6%
Forecast: 8.1%
Actual: 8.2%; 0.2%
Period: May

Dollar volume of new orders, shipments, unfilled orders and inventories as reported by domestic manufacturers. Factory Orders is not a widely watched economic release. The Advance Release on Durable Goods Activity reported one week earlier tends grab more market attention, given that durable goods make up more than half of factory orders.

Factory Orders does provide a comprehensive look at the manufacturing sector. Specifically, the New Orders figure can act as a gauge of demand across industries while Shipments are indicative of supply. The Unfilled Orders and Inventory figures reconcile the balance between New Orders and Shipments; high Shipments are indicative of an excess of demand relative to supply, high Inventories signal an excess of supply over demand.

Figures are reported in billions of dollars and also in percent change from the previous month.

On a Technical Note: The New Orders figure measures the value of orders received by manufacturers for new products from both domestic and foreign sources. The total value of products shipped is calculated in Shipments while Unfilled Orders measures the value of goods backlogged for order but not yet shipped. Lastly, Inventories gauges the amount of unsold goods held by manufacturers.

8.2%; 0.2%
Jul, 03 15:00
★★★
ISM Services PMI
ISM Services PMI
Country:
Date: Jul, 03 15:00
Importance: High
Previous: 49.9
Forecast: 50.8
Actual: 50.8
Period: Jun
ISM index for the non-manufacturing sector, a value below 50 indicates a decrease in activity compared to the previous month, above - about growth.
50.8
Jul, 03 14:45
★★
Composite PMI
Composite PMI
Country:
Date: Jul, 03 14:45
Importance: Medium
Previous: 52.8
Forecast: 52.8
Actual: 52.9
Period: Jun
An index level of 50 denotes no change since the previous month, while a level above 50 signals an increase or improvement, and below 50 indicates a decrease or deterioration.
52.9
Jul, 03 14:45
★★
Final Services PMI
Final Services PMI
Country:
Date: Jul, 03 14:45
Importance: Medium
Previous: 53.1
Forecast: 53.1
Actual: 52.9
Period: Jun
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy. Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release is the earliest and thus tends to have the most impact.
52.9
Jul, 03 13:30
★★
Trade Balance
Trade Balance
Country:
Date: Jul, 03 13:30
Importance: Medium
Previous: -7.6
Forecast: -6.0
Actual: -5.9bln
Period: May

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.

-5.9bln
Jul, 03 13:30
★★
Trade Balance
Trade Balance
Country:
Date: Jul, 03 13:30
Importance: Medium
Previous: -60.3
Forecast: -69.9
Actual: -71.5bln
Period: May

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.

-71.5bln
Jul, 03 13:30
★★
Continuing Claims
Continuing Claims
Country:
Date: Jul, 03 13:30
Importance: Medium
Previous: 1964K
Forecast: 1960K
Actual: 1964K
Period: Jul

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.

1964K
Jul, 03 13:30
★★★
Unemployment Claims
Unemployment Claims
Country:
Date: Jul, 03 13:30
Importance: High
Previous: 237K
Forecast: 240K
Actual: 233K
Period: Jul

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

233K
Jul, 03 13:30
Participation rate
Participation rate
Country:
Date: Jul, 03 13:30
Importance: Low
Previous: 62.4%
Forecast: -
Actual: 62.3%
Period: Jun

A measure of the active portion of an economy's labor force. The participation rate refers to the number of people who are either employed or are actively looking for work. The number of people who are no longer actively searching for work would not be included in the participation rate. During an economic recession, many workers often get discouraged and stop looking for employment, as a result, the participation rate decreases. The participation rate is an important metric to note when looking at unemployment data because unemployment figures reflect the number of people who are looking for jobs but are unable to secure employment.

62.3%
Jul, 03 13:30
★★
Change in Private Payrolls
Change in Private Payrolls
Country:
Date: Jul, 03 13:30
Importance: Medium
Previous: 137K
Forecast: 110K
Actual: 74K
Period: Jun

Private Nonfarm Payrolls measures the change in the number of total payrolls in any business, excluding general government employees, private household employees, employees of nonprofit organizations that provide assistance to individuals and farm employees.

74K
Jul, 03 13:30
★★
Average Hourly Earnings
Average Hourly Earnings
Country:
Date: Jul, 03 13:30
Importance: Medium
Previous: 0.4%; 3.8%
Forecast: 0.3%; 3.9%
Actual: 0.2%; 3.7%
Period: Jun

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.

0.2%; 3.7%
Jul, 03 13:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Jul, 03 13:30
Importance: High
Previous: 4.2%
Forecast: 4.3%
Actual: 4.1%
Period: Jun

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.

4.1%
Jul, 03 13:30
★★★
Non-Farm Payrolls
Non-Farm Payrolls
Country:
Date: Jul, 03 13:30
Importance: High
Previous: 144K
Forecast: 120K
Actual: 147K
Period: Jun

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.

147K
Jul, 03 12:30
★★
ECB Monetary Policy Meeting Accounts
ECB Monetary Policy Meeting Accounts
Country:
Date: Jul, 03 12:30
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
The report is published 4 weeks after the ECB Monetary Policy Meeting takes place (8 times a year). It contains the texts of the ECB Governing Council members’ speeches on detailed assessments of economic conditions that influence the interest rates decision.
Jul, 03 10:00
10-y Bond Auction
10-y Bond Auction
Country:
Date: Jul, 03 10:00
Importance: Low
Previous: 3.17%; 2.83
Forecast: -
Actual: 3.27%; 2.30
Period: Jul
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
3.27%; 2.30
Jul, 03 09:45
10-y Bond Auction
10-y Bond Auction
Country:
Date: Jul, 03 09:45
Importance: Low
Previous: 3.208%; 1.7
Forecast: -
Actual: 3.160%; 1.9
Period: Jul
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
3.160%; 1.9
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