| Date GMT+00:00 |
Event | Previous | Forecast | Actual | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar, 04 00:30 |
★★★ |
Gross Domestic Product
Gross Domestic Product
A comprehensive measure of Australia's overall production and consumption of goods and services. GDP is a significant reportserving as one of the primary indicators of a country's overall economic health. Robust GDP growth signals a heightened level of economic activity and often a higher demand for the domestic currency. At the same time, economic expansion raises concerns about inflationary pressures which may prompt monetary authorities to increase interest rates. Thus positive GDP readings are generally bullish for the Australian Dollar, while negative readings are generally bearish. Most production reports that lead to Australian GDP are released before the official GDP number. Therefore, actual GDP figures usually confirm expectations. However, an unexpected release can move markets due to the significance of the figure. Technically, Gross Domestic Product is calculated in the following way: GDP = C + I + G + (EX - IM) where The headline figures for GDP are the percentage growth rate from the previous quarter and the annualized percentage change in GDP. Prices used are benchmarked to 1997 prices. |
0.4%; 2.1% | 0.7% | - | ||||||||||||||
| Mar, 04 00:30 |
★ |
Tertiary Industry Index
Tertiary Industry Index
Evaluates the monthly change in output produced by Japan's service sector. Because this report excludes manufacturing and only measures service industries catering mainly to domestic needs, the Tertiary Industry Index is a key indicator of domestic activity. The index incorporates data from firms involved in wholesale and retail trade, financial services, health care, real estate, leisure and utilities. The report excludes industrial manufacturing sectors that tend to be influenced by foreign demand. The tertiary industry index is posted monthly as a percentage change from the previous month's figure. |
53.8 | 53.8 | - | ||||||||||||||
| Mar, 04 00:30 |
★ |
PMI Composite
PMI Composite
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. |
53.8 | 53.8 | - | ||||||||||||||
| Mar, 04 01:30 |
★★★ |
PMI Manufacturing
PMI Manufacturing
A monthly gauge of manufacturing activity and future outlook. The CIPS PMI is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. 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 manufacturing 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. The PMI is presented as an index with a value between 1-100. |
49.3 | 49.1 | - | ||||||||||||||
| Mar, 04 01:30 |
★★ |
Non-Manufacturing PMI
Non-Manufacturing PMI
It is a major indicator of the strength of the non-manufacturing sector of China. |
49.4 | 49.7 | - | ||||||||||||||