Date
GMT+01:00
Event
Jun, 03 13:15
★★★
ADP Non-Farm Employment Change
ADP Non-Farm Employment Change
Country:
Date: Jun, 03 13:15
Importance: High
Previous: 109K
Forecast: 116K
Actual: -
Period: May

The ADP Non-Farm Employment Change measures the change in the number of newly employed people in the USA, excluding workers in the farming industry.

Jun, 03 13:30
Labor Productivity
Labor Productivity
Country:
Date: Jun, 03 13:30
Importance: Low
Previous: -0.1%
Forecast: 0.7%
Actual: -
Period: 1 quarter

The average productivity level of Canadian workers. Labour Productivity is calculated by dividing the gross domestic product (GDP) by the number of hours worked, yielding output per hour, which is the key measure of productivity growth. The availability of better technology and higher levels of education among the workforce are factors commonly attributed to increased productivity. Growth in labour productivity is usually seen as a sign of a healthy economy because higher productivity allows higher output for a fixed population. Rising Labour Productivity can also offset inflationary pressures associated with economic growth and spending. Economic expansion attributed to increased Labour Productivity will not result in inflation, meaning that central banks will not need to increase interest rates during times of high growth.

The headline figure is the percentage change in output per hour.

Jun, 03 14:45
Final Services PMI
Final Services PMI
Country:
Date: Jun, 03 14:45
Importance: Low
Previous: 50.9
Forecast: 50.9
Actual: -
Period: May
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy. Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release is the earliest and thus tends to have the most impact.
Jun, 03 14:45
Composite PMI
Composite PMI
Country:
Date: Jun, 03 14:45
Importance: Low
Previous: 51.7
Forecast: 51.7
Actual: -
Period: May
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.
Jun, 03 15:00
★★★
ISM Services PMI
ISM Services PMI
Country:
Date: Jun, 03 15:00
Importance: High
Previous: 53.6
Forecast: 53.8
Actual: -
Period: May
ISM index for the non-manufacturing sector, a value below 50 indicates a decrease in activity compared to the previous month, above - about growth.
Jun, 03 15:00
Factory Orders
Factory Orders
Country:
Date: Jun, 03 15:00
Importance: Low
Previous: 1.5%; 1.6%
Forecast: 4.6%
Actual: -
Period: Apr

Dollar volume of new orders, shipments, unfilled orders and inventories as reported by domestic manufacturers. Factory Orders is not a widely watched economic release. The Advance Release on Durable Goods Activity reported one week earlier tends grab more market attention, given that durable goods make up more than half of factory orders.

Factory 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.

Jun, 03 15:30
★★
Crude Oil Inventories
Crude Oil Inventories
Country:
Date: Jun, 03 15:30
Importance: Medium
Previous: -3327K
Forecast: -2900K
Actual: -
Period: Jun

The actual inventories of crude oil, gasoline, and distillate, such as jet fuel, as reported on a weekly basis. The numbers are watched closely by the energy markets, and if the results differ greatly from the expected inventory levels, the market can react strongly. The inventory data can be skewed by holidays and seasonal factors. Weekly data can be unreliable and should be viewed as a part of longer-term trends, so a four-week moving average may be more useful.

Jun, 03 19:00
Beige Book
Beige Book
Country:
Date: Jun, 03 19:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -

Report on current economic conditions in each of the 12 Federal Reserve districts covering the entire US. Regional Banks in the Federal Reserve System gather anecdotal information based on surveys of executives, economist and market participants. The Beige Book summarizes this data into a relatively short document, giving a picture of economic trends and challenges faced by different parts of the nation.

In addition to providing useful information on the economy, the report is also a window into how FOMC members may vote at the next interest rate policy meeting. Because each report is based on anecdotal information as much as statistics, it is subjective and may reflect opinions of district governors. As the only comprehensive report made available to the public, the Beige Book provides a rare opportunity for markets to better understand the Federal Reserve and its views on the economy.

Jun, 04 02:00
ANZ Commodity Prices
ANZ Commodity Prices
Country:
Date: Jun, 04 02:00
Importance: Low
Previous: -0.8%
Forecast: -
Actual: -
Period: May

The Australia and New Zealand Banking Group Limited (ANZ)Commodity Prices Indicator, also called the Commoditiy Price Index, measures the change in the price of exported commodities. Since Australia and New Zealand depend heavily upon commodity exports, this figure acts as a primary gauge of the two nations' GDP and economic strength.

Jun, 04 02:30
Goods Trade Balance
Goods Trade Balance
Country:
Date: Jun, 04 02:30
Importance: Low
Previous: -1.84
Forecast: -1.61
Actual: -
Period: Apr
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.
Jun, 04 07:30
★★
CPI
CPI
Country:
Date: Jun, 04 07:30
Importance: Medium
Previous: 0.3%; 0.6%
Forecast: 0.3%
Actual: -
Period: May

It is the key gauge for inflation in Switzerland. Simply put, inflation reflects a decline in the purchasing power of the Franc, where each Franc buys fewer goods and services. The CPI calculates the change in the price of a predetermined basket of consumer goods and services. This basket represents the goods and services that an average household will purchase. The figure is compared to those of the previous month as well as the previous year in order to gauge changes to the costs of living on a month to month and year to year basis. The headline number is the percentage change either from the previous month's value or the previous year's value.

As the key indicator of inflation, a rising CPI may prompt the Swiss National Bank to raise interest rates in attempt to manage inflation and slow economic growth. Higher interest rates make holding the Franc more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Franc.

Jun, 04 08:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jun, 04 08:00
Importance: Low
Previous: 3.0%; 3.0%
Forecast: 3.0%
Actual: -
Period: May

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.

Jun, 04 09:30
★★
Construction PMI
Construction PMI
Country:
Date: Jun, 04 09:30
Importance: Medium
Previous: 39.7
Forecast: 40.1
Actual: -
Period: May

The Construction Purchasing Manager's Index (PMI) measures the level of activity among purchasing managers in the construction sector of the economy. Above 50 signals industry expansion; below 50 indicates a contraction. Construction figures are an important indicator of housing demand.

Jun, 04 10:00
Retail Sales
Retail Sales
Country:
Date: Jun, 04 10:00
Importance: Low
Previous: -0.1%; 1.2%
Forecast: -0.3%
Actual: -
Period: Apr

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures.

The headline figure is expressed as the percentage change from the same month last year.

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