Date
GMT+01:00
Event
Jul, 03 07:30
★★
CPI
CPI
Country:
Date: Jul, 03 07:30
Importance: Medium
Previous: 0.1%; -0.1%
Forecast: 0.0%; -0.1%
Actual: -
Period: Jun

It is the key gauge for inflation in Switzerland. Simply put, inflation reflects a decline in the purchasing power of the Franc, where each Franc buys fewer goods and services. The CPI calculates the change in the price of a predetermined basket of consumer goods and services. This basket represents the goods and services that an average household will purchase. The figure is compared to those of the previous month as well as the previous year in order to gauge changes to the costs of living on a month to month and year to year basis. The headline number is the percentage change either from the previous month's value or the previous year's value.

As the key indicator of inflation, a rising CPI may prompt the Swiss National Bank to raise interest rates in attempt to manage inflation and slow economic growth. Higher interest rates make holding the Franc more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Franc.

Jul, 03 08:15
PMI Services
PMI Services
Country:
Date: Jul, 03 08:15
Importance: Low
Previous: 51.3
Forecast: 51.1
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.

Jul, 03 08:15
Composite PMI
Composite PMI
Country:
Date: Jul, 03 08:15
Importance: Low
Previous: 51.4
Forecast: -
Actual: -
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.
Jul, 03 08:45
PMI Services
PMI Services
Country:
Date: Jul, 03 08:45
Importance: Low
Previous: 53.2
Forecast: 52.6
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.

Jul, 03 08:45
PMI Composite
PMI Composite
Country:
Date: Jul, 03 08:45
Importance: Low
Previous: 52.5
Forecast: -
Actual: -
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.
Jul, 03 08:50
★★
PMI Services
PMI Services
Country:
Date: Jul, 03 08:50
Importance: Medium
Previous: 48.7
Forecast: 48.7
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.

Jul, 03 08:50
★★
Composite PMI
Composite PMI
Country:
Date: Jul, 03 08:50
Importance: Medium
Previous: 48.5
Forecast: 48.5
Actual: -
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.
Jul, 03 08:55
★★
PMI Services
PMI Services
Country:
Date: Jul, 03 08:55
Importance: Medium
Previous: 49.4
Forecast: 49.4
Actual: -
Period: Jun

Gauge for the overall performance of the German service sector. The Services PMI interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German 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.

Jul, 03 08:55
★★
Composite PMI
Composite PMI
Country:
Date: Jul, 03 08:55
Importance: Medium
Previous: 50.4
Forecast: 50.4
Actual: -
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.
Jul, 03 09:00
★★
PMI Services
PMI Services
Country:
Date: Jul, 03 09:00
Importance: Medium
Previous: 50.0
Forecast: 50.0
Actual: -
Period: Jun

Gauge for the overall performance of the German service sector. The Services PMI interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German 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.

Jul, 03 09:00
★★
Composite PMI
Composite PMI
Country:
Date: Jul, 03 09:00
Importance: Medium
Previous: 50.2
Forecast: 50.2
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 onĀ  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.

Jul, 03 09:30
★★
PMI Services
PMI Services
Country:
Date: Jul, 03 09:30
Importance: Medium
Previous: 51.3
Forecast: 51.3
Actual: -
Period: Jun

A monthly gauge of the UK service sector that takes into account business outlook. The survey queries executives in transport and communications, financial intermediation, business services, personal services, computing and IT, hotels and restaurants.

Purchasing managers are tasked with gauging future demand, and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the service sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.

Because the contribution services makes to the economy tends to be very consistent and predictable, Services PMI figures typically do not move markets

The PMI is presented as an index with a value between 1-100.

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