Date
GMT+01:00
Event Previous Forecast Actual
May, 07 02:30
Goods Trade Balance
Goods Trade Balance
Country:
Date: May, 07 02:30
Importance: Low
Previous: 5.69
Forecast: 4.45
Actual: -
Period: Mar
Since July 2015, the US Bureau of Economic Analysis has started publishing preliminary estimate of goods trade balance. This release will be 4-7 earlier than trade balance data. Growth in the reading favors the US dollar.
5.69 4.45 -
May, 07 07:00
Factory Orders
Factory Orders
Country:
Date: May, 07 07:00
Importance: Low
Previous: 0.9%; 3.5%
Forecast: 1.1%
Actual: -
Period: Mar

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.

0.9%; 3.5% 1.1% -
May, 07 07:45
Trade Balance
Trade Balance
Country:
Date: May, 07 07:45
Importance: Low
Previous: -5.8
Forecast: -5.6
Actual: -
Period: Mar

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.

-5.8 -5.6 -
May, 07 08:00
Foreign Currency Reserves
Foreign Currency Reserves
Country:
Date: May, 07 08:00
Importance: Low
Previous: 721
Forecast: -
Actual: -
Period: Apr

This is the amount of foreign currency reserves that are held by the Central Bank of a country. In general use, foreign currency reserves also include gold and IMF reserves. Also, people may take into account liquid assets that can easily be converted into foreign currency.

721 - -
May, 07 08:00
Unemployment Rate
Unemployment Rate
Country:
Date: May, 07 08:00
Importance: Low
Previous: 3.0%; 3.0%
Forecast: 3.0%
Actual: -
Period: Apr

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.

3.0%; 3.0% 3.0% -