Date
GMT+01:00
Event Value
Mar, 31 02:30
★★★
PMI Manufacturing
PMI Manufacturing
Country:
Date: Mar, 31 02:30
Importance: High
Previous: 49.0
Forecast: 50.2
Actual: -
Period: Mar

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.

49.0
Mar, 31 02:30
★★
Non-Manufacturing PMI
Non-Manufacturing PMI
Country:
Date: Mar, 31 02:30
Importance: Medium
Previous: 49.5
Forecast: 49.9
Actual: -
Period: Mar

It is a major indicator of the strength of the non-manufacturing sector of China.

49.5
Mar, 31 06:00
Housing Starts
Housing Starts
Country:
Date: Mar, 31 06:00
Importance: Low
Previous: 0.775M; -0.4%
Forecast: ; -4.6%
Actual: -
Period: Feb

The Housing Starts figure reflects the rate of growth in housing construction. The number of housing starts is an indicator of the strength of Japan 's construction sector and a leading indicator for the direction of the economy as a whole. Housing Starts respond quickly to changes in the business cycle, promptly slowing at the onset of a recession and growing at the beginning of an economic boom. A high Housing Starts figure is generally bullish for the economy, as it indicates overall economic growth.

The headline figures are the year on year percentage change in value of housing starts, and the value of all houses started for construction that year.

0.775M; -0.4%
Mar, 31 07:00
GDP
GDP
Country:
Date: Mar, 31 07:00
Importance: Low
Previous: 0.1%; 1.0%
Forecast: 0.1%; 1.0%
Actual: -
Period: 4 quarter

The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets.

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 lead monetary authorities to increase interest rates. Thus better than expected GDP figures are generally bullish for the Euro, while negative readings are generally bearish.

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.

French GDP figures, officially called Quarterly National Accounts, are released quarterly. The headline figures are annualized percentage changes in real and nominal GDP.

0.1%; 1.0%
Mar, 31 07:00
Business Investment
Business Investment
Country:
Date: Mar, 31 07:00
Importance: Low
Previous: -2.7%; 2.0%
Forecast: -2.7%; 2.0%
Actual: -
Period: 4 quarter

The change in capital expenditures made by private firms. Businesses only invest when they are optimistic about future economic growth and expect a profitable return on their investments. Because of this, increased capital expenditures usually reflect a higher level of consumer demand that induces companies to expand their productive capacity. Current Business Investment usually allow for higher GDP in the future. For these reasons Business Investment may lead economic growth.

The headline number is the percentage change in investment from the previous quarter.

-2.7%; 2.0%
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