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Event Previous Forecast Actual
Feb, 23 18:00
Baker Hughes U.S. Rig Count
Baker Hughes U.S. Rig Count
Country:
Date: Feb, 23 18:00
Importance: Low
Previous: 621
Forecast: -
Actual: 626
Period: Feb
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.
621 - 626
Feb, 23 14:00
NBB Business Climate
NBB Business Climate
Country:
Date: Feb, 23 14:00
Importance: Low
Previous: -16.4
Forecast: -16.0
Actual: -12.8
Period: Feb

Assesses overall business environment in a country.

-16.4 -16.0 -12.8
Feb, 23 13:30
Corporate Profits
Corporate Profits
Country:
Date: Feb, 23 13:30
Importance: Low
Previous: 4.2%
Forecast: -
Actual: 2.7%
Period: 4 quarter
Shows the dynamics in the amount of profit by the corresponding period. Growth reflects improvements in the corporate sector, which can support a course on speculation about stronger labor market performance in the future and a higher capital inflow in the country.
4.2% - 2.7%
Feb, 23 09:00
★★
IFO - Expectations
IFO - Expectations
Country:
Date: Feb, 23 09:00
Importance: Medium
Previous: 83.5
Forecast: 84.0
Actual: 84.1
Period: Feb

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP. Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Expectations
Based on firms' expectations for the next six months, where firms rate the future outlook as better, same, or worse.

83.5 84.0 84.1
Feb, 23 09:00
★★
Ifo Current Assessment
Ifo Current Assessment
Country:
Date: Feb, 23 09:00
Importance: Medium
Previous: 86.9
Forecast: 86.7
Actual: 86.9
Period: Feb

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP.

Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Current Assessment
Measures current German business conditions, without considering future expectations.

86.9 86.7 86.9
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