Date
GMT+01:00
Event Previous Forecast Actual
May, 06 09:00
★★
PMI Services
PMI Services
Country:
Date: May, 06 09:00
Importance: Medium
Previous: 52.9
Forecast: 52.9
Actual: -
Period: Apr

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.

52.9 52.9 -
May, 06 09:00
★★
Composite PMI
Composite PMI
Country:
Date: May, 06 09:00
Importance: Medium
Previous: 51.4
Forecast: 51.4
Actual: -
Period: Apr

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 on  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.

51.4 51.4 -
May, 06 09:30
Sentix Investor Confidence
Sentix Investor Confidence
Country:
Date: May, 06 09:30
Importance: Low
Previous: -5.9
Forecast: -4.8
Actual: -
Period: May

Level of a diffusion index based on surveyed investors and analysts. Above 0.0 indicates optimism, below indicates pessimism. This is a survey of about 2,800 investors and analysts which asks respondents to rate the relative 6-month economic outlook for the Eurozone.
 

-5.9 -4.8 -
May, 06 10:00
PPI
PPI
Country:
Date: May, 06 10:00
Importance: Low
Previous: -1.0%; -8.3%
Forecast: -0.4%
Actual: -
Period: Mar

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

-1.0%; -8.3% -0.4% -
May, 06 20:00
Loan Officer Survey
Loan Officer Survey
Country:
Date: May, 06 20:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Quarterly survey of the study of moods and state of affairs among credit institutions in the US, conducted by the Federal Reserve. Published at the end of the first month of each quarter, giving signals about whether the credit conditions have softened or tightened, as well as the demand for loans. Has a low impact on the market.
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