Date
GMT+01:00
Event Previous Forecast Actual
Apr, 02 15:30
EIA Natural Gas Storage Change
EIA Natural Gas Storage Change
Country:
Date: Apr, 02 15:30
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: Apr

Weekly report about natural gas storage change in the USA.

- - -
Apr, 03 02:45
★★
Markit Services PMI
Markit Services PMI
Country:
Date: Apr, 03 02:45
Importance: Medium
Previous: 56.7
Forecast: 53.7
Actual: -
Period: Mar
The Chinese Markit Services PMI is compiled by questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy. The Markit Services PMI Index is developed for providing the most up-to-date possible indication of what is really happening in the private sector economy by tracking variables such as sales, employment, inventories and prices. A higher than expected reading should be taken as positive/bullish for the CNY , while a lower than expected reading should be taken as negative/bearish for the CNY.
56.7 53.7 -
Apr, 03 07:45
Industrial Production
Industrial Production
Country:
Date: Apr, 03 07:45
Importance: Low
Previous: 0.5%
Forecast: -0.1%
Actual: -
Period: Feb

Measures the level of production of French industries. French Industrial Production tracks relative changes in the production of goods, excluding energy and food, whether they are sold domestically or abroad. The headline figure is the percentage change in the index from the previous quarter or year.

Industrial Production is highly sensitive to the business cycle, and so can forecast changes in employment, earnings, and personal income. Consequently, Industrial Production is considered a reliable leading indicator of the overall health of the French economy.

0.5% -0.1% -
Apr, 03 13:30
★★★
Non-Farm Payrolls
Non-Farm Payrolls
Country:
Date: Apr, 03 13:30
Importance: High
Previous: -92K
Forecast: 56K
Actual: -
Period: Mar

One of the most widely anticipated reports on the US economic calendar, the Employment Situation is a timely report that gives a picture of job creation, loss, wages and working hours in the United States. Data in the report relies on the Household Survey and the Establishment (or Payroll) Survey. While the Household Survey is based on the interviews to US households, the Establishment Survey queries business establishments, making it the preferred source of data. The Employment Situation's has many significant figures such as: Change in Non Farm Payrolls, Unemployment, Manufacturing Payrolls, and Average Hourly Earnings.

The headline figures for this report are reported monthly, as the total number of new jobs in thousands (say, 120K new jobs), and the unemployment rate.

Change in Non-farm Payrolls

Monthly change in employment excluding the farming sector. Non-farm payrolls is the most closely watched indicator in the Employment Situation, considered the most comprehensive measure of job creation in the US. Such a distinction makes the NFP figure highly significant, given the importance of labor to the US economy. Specifically, political pressures come into play, as the Fed is responsible for keeping employment in a healthy range and utilizes interest rate changes to do so. A surge in new Non-farm Payrolls suggests rising employment and potential inflation pressures, which the Fed often counters with rate increases. On the other hand, a consistent decline in Non-farm Employment suggests a slowing economy, which makes a decline in rates more likely.

-92K 56K -
Apr, 03 13:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Apr, 03 13:30
Importance: High
Previous: 4.4%
Forecast: 4.4%
Actual: -
Period: Mar

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.

4.4% 4.4% -