Date
GMT+00:00
Event Previous Forecast Actual
Feb, 21 08:00
ECB’s Peter Praet Speaks
ECB’s Peter Praet Speaks
Country:
Date: Feb, 21 08:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Executive board member and chief economist of the European Central Bank. Within the board, Praet is widely considered to be centrist on monetary policy, perhaps even slightly “dovish”, meaning he is more likely to take growth prospects into account in the conduct of monetary policy than strict inflation “hawks” do.
- - -
Feb, 21 08:15
★★
Composite PMI
Composite PMI
Country:
Date: Feb, 21 08:15
Importance: Medium
Previous: 48.2
Forecast: 48.8
Actual: -
Period: Feb
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.
48.2 48.8 -
Feb, 21 08:15
★★
PMI Services
PMI Services
Country:
Date: Feb, 21 08:15
Importance: Medium
Previous: 47.8
Forecast: 49.1
Actual: -
Period: Feb

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.

47.8 49.1 -
Feb, 21 08:15
★★
PMI Manufacturing
PMI Manufacturing
Country:
Date: Feb, 21 08:15
Importance: Medium
Previous: 51.2
Forecast: 51.0
Actual: -
Period: Feb

A monthly guage 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.

51.2 51.0 -
Feb, 21 08:30
★★
Composite PMI
Composite PMI
Country:
Date: Feb, 21 08:30
Importance: Medium
Previous: 52.1
Forecast: 52.0
Actual: -
Period: Feb
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.
52.1 52.0 -