Date
GMT+01:00
Event Value
May, 06 07:00
Factory Orders
Factory Orders
Country:
Date: May, 06 07:00
Importance: Low
Previous: 1.2% m/m; 5.6% y/y
Forecast: 1.5% m/m; 4.1% y/y
Actual: -
Period: Mar

Dollar volume of new orders, shipments, unfilled orders and inventories as reported by domestic manufacturers. Factory Orders is not a widely watched economic release.

Factor 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.

1.2% m/m; 5.6% y/y
May, 06 09:00
ECB Economic Bulletin
ECB Economic Bulletin
Country:
Date: May, 06 09:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
In 2015 the Economic Bulletin replaced the Monthly Bulletin. The Economic Bulletin is published two weeks after the monetary policy meeting of the Governing Council of the ECB. Issues published after the monetary policy meetings in March, June, September and December provide a comprehensive analysis of economic and monetary developments, including a discussion of the Eurosystem/ECB staff macroeconomic projections for the euro area. Other issues are shorter and provide an interim update on developments in key monthly indicators.
May, 06 09:30
PMI Services
PMI Services
Country:
Date: May, 06 09:30
Importance: Low
Previous: 60.1
Forecast: 60.1
Actual: -
Period: Apr

A monthly gauge of the UK service sector that takes into account business outlook. The survey queries executives in transport and communications, financial intermediation, business services, personal services, computing and IT, hotels and restaurants.

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 service 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.

Because the contribution services makes to the economy tends to be very consistent and predictable, Services PMI figures typically do not move markets

The PMI is presented as an index with a value between 1-100.

60.1
May, 06 09:30
Composite PMI
Composite PMI
Country:
Date: May, 06 09:30
Importance: Low
Previous: 60.0
Forecast: 60.0
Actual: -
Period: Apr
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.
60.0
May, 06 09:30
10-y Bond Auction
10-y Bond Auction
Country:
Date: May, 06 09:30
Importance: Low
Previous: 0.368%; 1.92
Forecast: -
Actual: -
Period: May
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
0.368%; 1.92
May, 06 09:30
30-Year Bonds Auction
30-Year Bonds Auction
Country:
Date: May, 06 09:30
Importance: Low
Previous: 1.056%; 1.80
Forecast: -
Actual: -
Period: May
Bonds with the longest maturity.
1.056%; 1.80
May, 06 10:00
Retail Sales
Retail Sales
Country:
Date: May, 06 10:00
Importance: Low
Previous: 3.0% m/m; -2.9% y/y
Forecast: 1.4% m/m; 9.4% y/y
Actual: -
Period: Mar

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.

3.0% m/m; -2.9% y/y
May, 06 10:00
10-y Bond Auction
10-y Bond Auction
Country:
Date: May, 06 10:00
Importance: Low
Previous: 0.00%; 1.65
Forecast: -
Actual: -
Period: May
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
0.00%; 1.65
May, 06 10:00
30-y Bond Auction
30-y Bond Auction
Country:
Date: May, 06 10:00
Importance: Low
Previous: 0.78%; 2.33
Forecast: -
Actual: -
Period: May
Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence.
0.78%; 2.33
May, 06 10:00
★★
RBA Deputy Governor Guy Debelle Speaks
RBA Deputy Governor Guy Debelle Speaks
Country:
Date: May, 06 10:00
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
Guy Debelle commenced as Deputy Governor of the Reserve Bank of Australia on 18 September 2016. He is Deputy Chair of the Reserve Bank Board and Chair of the Reserve Bank's Risk Management Committee.
May, 06 12:00
★★★
BoE Interest Rate Decision
BoE Interest Rate Decision
Country:
Date: May, 06 12:00
Importance: High
Previous: 0.10%
Forecast: 0.10%
Actual: -
Period: May

The announcement of whether the Bank of England has increased, decreased or maintained the key interest rate. The BoE meets monthly to decide on monetary policy. After each meeting policy decisions are announced. The main task of the Bank of England's Monetary Policy Committee is to set the monetary stance by fixing the overnight borrowing rate, which is incremental in determining the short-term rates. Through this mechanism, the BoE attempts to affect price levels in order to keep inflation within the target range while maintaining stable economic growth and employment.

The BOE Rate decision has great influence on financial markets. Changes in rates affect interest rates for consumer loans, mortgages, bond, and the exchange rate of the pound. Increases in rates or even expectations of increases tend to cause the pound to appreciate, while rate decreases cause the currency to depreciate.

0.10%
May, 06 12:00
★★★
Asset Purchase Facility
Asset Purchase Facility
Country:
Date: May, 06 12:00
Importance: High
Previous: 895bln
Forecast: 895bln
Actual: -
Period: May

In January 2009, the Chancellor of the Exchequer authorised the Bank to set up an Asset Purchase Facility (APF) to buy high-quality assets financed by the issue of Treasury bills and the DMO’s cash management operations. The aim of the Facility was to improve liquidity in credit markets. To ensure that the Asset Purchase Facility is operated in an open and transparent manner, the Bank will publish a quarterly report on the transactions as part of the facility, shortly after the end of each quarter.

895bln
May, 06 12:00
★★★
MPC Official Bank Rate Votes
MPC Official Bank Rate Votes
Country:
Date: May, 06 12:00
Importance: High
Previous: 0-0-9
Forecast: 0-0-9
Actual: -
Period: May

This indicator shows how the BoE's Monetary Policy Committee voted. Published monthly, 13 days after the decision on interest rate was announced

0-0-9
May, 06 12:00
★★★
MPC Asset Purchase Facility Votes
MPC Asset Purchase Facility Votes
Country:
Date: May, 06 12:00
Importance: High
Previous: 0-0-9
Forecast: 0-0-9
Actual: -
Period: May

The document is published 13 days after the decision is made. It reflects the votes of every MPC member.

0-0-9
May, 06 12:00
★★★
Monetary Policy Summary
Monetary Policy Summary
Country:
Date: May, 06 12:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
It's among the primary tools the MPC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes.
May, 06 12:00
★★★
BOE Monetary Policy Report
BOE Monetary Policy Report
Country:
Date: May, 06 12:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
The Bank of England's quarterly monetary policy report contains detailed economic analysis and price dynamics forecasts. The Bank is guided by these forecasts when deciding on interest rates and implementing a monetary policy. The report is published at the same time as the decision on monetary policy and may have an impact on the GBP rate.
May, 06 12:30
Challenger Job Cuts
Challenger Job Cuts
Country:
Date: May, 06 12:30
Importance: Low
Previous: 30.603K; -86.2%
Forecast: -
Actual: -
Period: Apr
Change in the number of job cuts announced by employers. It's extremely early data, but historically has limited short-term correlation with overall labor conditions.
30.603K; -86.2%
May, 06 13:30
Non-Farm Productivity
Non-Farm Productivity
Country:
Date: May, 06 13:30
Importance: Low
Previous: -4.2%
Forecast: 3.7%
Actual: -
Period: 1 quarter

Measures the output produced for each hour of labor worked. Non-farm Productivity is considered the most accurate gauge of overall business health, given farming data's small and volatile contribution to GDP. To businesses, higher productivity indicates efficient use of employees and capital. Given that labor costs make up more than two-thirds of the average businesses expenses, high productivity can allow a firm to fulfill consumer demand with less labor costs, boosting profitability. Thus trends in this report can precede investment spending and business growth. Also if prices for raw materials increase, improved productivity can save a firm from passing higher costs to the end consumer. Given such business effects, healthy productivity growth bodes well for the economy as a whole, signalling increased production capability and business growth.

Productivity is reported as output per hour per worker, categorized into industry figures.

On a Technical Note: The Non-Farm Productivity number is generated by comparing the number of hours worked (Employment Situation report) to Gross Domestic Product data.

-4.2%
May, 06 13:30
Labor Cost
Labor Cost
Country:
Date: May, 06 13:30
Importance: Low
Previous: 6.0%
Forecast: -0.8%
Actual: -
Period: 1 quarter

The indicator reflects the quarterly changes in salaries and other income received by working population.

6.0%
May, 06 13:30
★★
Unemployment Claims
Unemployment Claims
Country:
Date: May, 06 13:30
Importance: Medium
Previous: 553K
Forecast: 540K
Actual: -
Period: May

The indicator shows the number of unemployed people in the USA.

553K
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