• Date
    GMT+01:00
    Event Previous Forecast Actual
    Jun, 01 15:00
    ★★★
    ISM Manufacturing
    ISM Manufacturing
    Country:

    A monthly index released by the Institute of Supply Management which tracks the amount of manufacturing activity that occurred in the previous month.ISM Manufacuring assesses the state of US industry by surveying executives on expectations for future production, new orders, inventories, employment and deliveries. This data is considered a very important and trusted economic measure. If the index has a value below 50, due to a decrease in activity, it tends to indicate an economic recession, especially if the trend continues over several months. A value substantially above 50 likely indicates a time of economic growth. The values for the index can be between 0 and 100.

    Values over 50 generally indicate an expansion, while values below 50 indicate contraction.

    Date: Jun, 01 15:00
    Importance: High
    Previous: 57.3
    Forecast: -
    Actual: -
    Period: May
    57.3 - -
    Jun, 01 13:30
    ★★★
    Non-Farm Payrolls
    Non-Farm Payrolls
    Country:

    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.

    Date: Jun, 01 13:30
    Importance: High
    Previous: 164K
    Forecast: -
    Actual: -
    Period: May
    164K - -
    Jun, 01 13:30
    ★★★
    Unemployment Rate
    Unemployment Rate
    Country:

    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.

    Date: Jun, 01 13:30
    Importance: High
    Previous: 3.9%
    Forecast: -
    Actual: -
    Period: May
    3.9% - -
    Jun, 01 09:30
    ★★★
    PMI Manufacturing
    PMI Manufacturing
    Country:

    A monthly gauge of manufacturing activity and future outlook. It 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.

    Date: Jun, 01 09:30
    Importance: High
    Previous: 53.9
    Forecast: -
    Actual: -
    Period: May
    53.9 - -
    May, 31 13:30
    ★★★
    Gross Domestic Product
    Gross Domestic Product
    Country:

    A comprehensive measure of Canada's overall production and consumption of goods and services. GDP is a significant report in FX Market, serving as one of the primary indicators of a country's overall economic health.

    Robust GDP growth signals a heightened level of economic activity and often a higher demand for the domestic currency. At the same time, economic expansion raises concerns about inflationary pressures which may prompt monetary authorities to increase interest rates. Thus positive GDP readings are generally bullish for the Canadian Dollar, while negative readings are generally bearish.

    Most production reports that lead to Canadian GDP are released before the official GDP number. Therefore, actual GDP figures usually confirm expectations. However, an unexpected release can move markets due to the significance of the figure.

    Technically, Gross Domestic Product is calculated in the following way:

    GDP = C + I + G + (EX - IM)

    where
    C = private consumption
    I = private investment
    G = government expenditure
    EX = exports of goods and services
    IM = imports of goods and services

    The headline figures for GDP are the percentage growth rate from the previous quarter and the annualized percentage change in GDP. Prices used are benchmarked to 1997 prices.

    Date: May, 31 13:30
    Importance: High
    Previous: 0.4% m/m; 3.0% y/y
    Forecast: -
    Actual: -
    Period: Mar
    0.4% m/m; 3.0% y/y - -
    May, 31 10:00
    ★★★
    Consumer Price Index
    Consumer Price Index
    Country:

    CPI is the key gauge for inflation in the Eurozone. Inflation, simply put, is a decline in the purchasing power of the Euro, where each Euro buys fewer goods and services due to higher consumer prices. The index tracks changes in the price of a basket of goods and services that a typical household might purchase. When the CPI is high, it indicates that significant inflationary pressures exist in Eurozone economies. This puts pressure on the European Central Bank to raise interest rates. When CPI comes out lower than expected, the ECB is expected to lower interest rates, or keep them lower, to encourage economic growth. As a rule, the Bank adjusts rates in order to keep Europe consumer price inflation in the 0 to 2 percent range.

    Date: May, 31 10:00
    Importance: High
    Previous: 1.2% y/y
    Forecast: -
    Actual: -
    Period: May
    1.2% y/y - -
    May, 31 02:30
    ★★★
    Private Capital Expenditure
    Private Capital Expenditure
    Country:

    The release is published every quarter, and about 60 days after the quarter ends. It is published by the Australian Bureau of Statistics, and measures the alteration in the overall inflation-amended value (real value) of new capital investments produced by private businesses. The data release is important for traders, as it is a top indicator of Australia’s economic health. Additionally, a change in the investment levels for businesses is usually a sign for future economic movement, including earning, spending and hiring.

    Date: May, 31 02:30
    Importance: High
    Previous: -0.2%q/q
    Forecast: -
    Actual: -
    Period: 1 quarter
    -0.2%q/q - -
    May, 31 02:00
    ★★★
    PMI Manufacturing
    PMI Manufacturing
    Country:

    A monthly gauge 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.

    Date: May, 31 02:00
    Importance: High
    Previous: 51.4
    Forecast: -
    Actual: -
    Period: May
    51.4 - -
    May, 30 15:00
    ★★★
    BOC Rate Statement
    BOC Rate Statement
    Country:

    This statement is the primary medium used by the Bank of Canada (BoC) to communicate with investors about monetary policy decisions, specifically those regarding interest rates.

    Date: May, 30 15:00
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    May, 30 15:00
    ★★★
    Overnight Rate
    Overnight Rate
    Country:

    BoC Interest Rate Decision is announced by the Bank of Canada. If the BoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CAD. Likewise, if the BoC has a dovish view on the Canadian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.

    Date: May, 30 15:00
    Importance: High
    Previous: 1.25%
    Forecast: 1.25%
    Actual: -
    Period: May
    1.25% 1.25% -
    May, 30 13:15
    ★★★
    ADP Non-Farm Employment Change
    ADP Non-Farm Employment Change
    Country:

    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.

    Date: May, 30 13:15
    Importance: High
    Previous: 204K
    Forecast: -
    Actual: -
    Period: May
    204K - -
    May, 29 22:00
    ★★★
    RBNZ Financial Stability Report
    RBNZ Financial Stability Report
    Country:

    The Reserve Bank published its first Financial Stability Report (FSR) in October 2004. The Financial Stability Report is published six-monthly. In the Financial Stability Report we assess and report on the soundness and efficiency of the New Zealand financial system.

    Date: May, 29 22:00
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    May, 29 15:00
    ★★★
    Consumer Confidence
    Consumer Confidence
    Country:

    Assessment of consumer sentiment regarding business conditions, employment and personal income. Based on a representative sample of thousands of mail-in surveys, the Conference Board index has the largest pooling sample of any US measure of consumer confidence. Consumer Confidence levels are generally linked with consumer spending. For instance, when consumer confidence is on the rise consumer spending tends to increase. Low or falling consumer confidence on the other hand is typically associated with decreased spending and consumer demand.

    Some analysts criticize the Consumer Confidence figure for its volatile tendencies and weak connection to household expenditure, turning instead to the University of Michigan Consumer Confidence numbers. The volatility of the Consumer Confidence figure is attributed to two factors: its pooling size and the survey time frame focus. The Conference Board surveys an entirely new group of people each month, resulting in more erratic month to month figures. Additionally, the survey queries respondents on expectations for the following six months, a relatively short term evaluation. Conversely, the University of Michigan survey will re-poll many individuals and focuses on expectations for the next one to five years. The long term focus has a stabilizing effect on consumer confidence.

    Survey results are printed in the headlines where 100 reflects a recent base year.

    Date: May, 29 15:00
    Importance: High
    Previous: 128.7
    Forecast: -
    Actual: -
    Period: May
    128.7 - -
    May, 25 14:20
    ★★★
    Federal Reserve Chairman Jerome Powell Speaks
    Federal Reserve Chairman Jerome Powell Speaks
    Country:
    Federal Reserve Chair Jerome Powell. Fed Chair Feb 2018 - Feb 2022. Fed Governor May 2012 - Jan 2028. The testimony usually comes in 2 parts: first he reads a prepared statement (a text version is made available on the Fed's website at the start), then the committee will hold a question and answer session. Since the questions are not known beforehand they can make for some unscripted moments that lead to heavy market volatility. As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.
    Date: May, 25 14:20
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    May, 25 14:15
    ★★★
    BOE Governor Mark Carney Speaks
    BOE Governor Mark Carney Speaks
    Country:

    Mark Joseph Carney is the current Governor of the Bank of England and the Chairman of the G20's Financial Stability Board. He was also the eighth Governor of the Bank of Canada. Carney achieved these positions by working his way up the ranks of Goldman Sachs, the Canadian Department of Finance, and the Bank of Canada as Deputy Governor.

    Date: May, 25 14:15
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
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