• Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 22 17:00
    Baker Hughes U.S. Rig Count
    Baker Hughes U.S. Rig Count
    Country:
    The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.
    Date: Mar, 22 17:00
    Importance: Low
    Previous: 1026
    Forecast: -
    Actual: -
    Period: Mar
    1026 - -
    Mar, 22 18:00
    Federal Budget Balance
    Federal Budget Balance
    Country:

    This is a report which measures the difference in value between the federal government's income and spending during the previous month.

    Date: Mar, 22 18:00
    Importance: Low
    Previous: 8.7bln
    Forecast: -228.0bln
    Actual: -
    Period: Feb
    8.7bln -228.0bln -
    Mar, 23 09:30
    Consumer Inflation Expectations
    Consumer Inflation Expectations
    Country:

    This report measures the percentage change in inflation expected to be paid by private consumers over the next 12 months.

    Date: Mar, 23 09:30
    Importance: Low
    Previous: 3.2%
    Forecast: -
    Actual: -
    Period: 1 quarter
    3.2% - -
    Mar, 25 04:30
    All Industry Activity Index
    All Industry Activity Index
    Country:

    Evaluates the monthly change in overall production by all sectors of the Japanese economy. The index comprises a variety of industries: service, manufacturing, construction and public sectors are included. The index closely follows Japanese GDP and overall growth figures, providing insight into current levels of Japanese economic expansion. The All Industry Activity Index is posted monthly as a percentage change from the previous month's figure.

    Date: Mar, 25 04:30
    Importance: Low
    Previous: -0.4%
    Forecast: -
    Actual: -
    Period: Jan
    -0.4% - -
    Mar, 25 09:00
    ★★
    Ifo Business Climate Index
    Ifo Business Climate Index
    Country:

    The Ifo Business Climate Index is a closely followed leading indicator for economic activity in Germany prepared by the Ifo Institute for Economic Research in Munich. It is based on ca. 7,000 monthly survey responses of firms in manufacturing, construction, wholesaling and retailing. The firms are asked to give their assessments of the current business situation and their expectations for the next six months. They can characterise their situation as "good", "satisfactorily" or "poor" and their business expectations for the next six months as "more favourable", "unchanged" or "more unfavourable". The replies are weighted according to the importance of the industry and aggregated. The balance value of the current business situation is the difference of the percentages of the responses "good" and "poor", the balance value of the expectations is the difference of the percentages of the responses "more favourable" and "more unfavourable". The business climate is a mean of the balances of the business situation and the expectations.

    Date: Mar, 25 09:00
    Importance: Medium
    Previous: 98.5
    Forecast: -
    Actual: -
    Period: Mar
    98.5 - -
  • Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 25 09:00
    ★★
    Ifo Current Assessment
    Ifo Current Assessment
    Country:

    One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP.

    Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

    The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

    Ifo Current Assessment
    Measures current German business conditions, without considering future expectations.

    Date: Mar, 25 09:00
    Importance: Medium
    Previous: 103.4
    Forecast: -
    Actual: -
    Period: Mar
    103.4 - -
    Mar, 25 09:00
    ★★
    IFO - Expectations
    IFO - Expectations
    Country:

    One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP. Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

    The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

    Ifo Expectations
    Based on firms' expectations for the next six months, where firms rate the future outlook as better, same, or worse.

    Date: Mar, 25 09:00
    Importance: Medium
    Previous: 93.8
    Forecast: -
    Actual: -
    Period: Mar
    93.8 - -
    Mar, 25 09:30
    High Street Lending
    High Street Lending
    Country:
    Number of new mortgages approved for home purchase by High Street banks during the previous month. High Street banks make up around 65% of total UK mortgage lending. It's a leading indicator of housing market demand – most home purchases are financed with a mortgage, so it provides an excellent gauge of how many qualified buyers are entering the market.
    Date: Mar, 25 09:30
    Importance: Low
    Previous: 40.6K
    Forecast: -
    Actual: -
    Period: Feb
    40.6K - -
    Mar, 25 13:00
    Leading indicators
    Leading indicators
    Country:

    Movements in these indicators are known to precede larger developments in the rest of the economy.

    The Index includes account inventory ratios, machinery orders, stock prices and other leading economic indicators. As the aggregate of many leading indices the Leading Economic Index provides a forecast of the future state of the domestic economy and is thought to predict activity that will occur 6-9 months after the reporting period.

    The index operates on a 1-100 scale, where a value lower than 50 means that most indictors are negative and a value higher than 50 means most indicators are positive. In both cases a greater distance from the midpoint (50) means that the indicators are more strongly positive or negative.

    Date: Mar, 25 13:00
    Importance: Low
    Previous: 142.0; 1.6%
    Forecast: -
    Actual: -
    Period: Feb
    142.0; 1.6% - -
    Mar, 25 14:00
    NBB Business Climate
    NBB Business Climate
    Country:

    Assesses overall business environment in a country.

    Date: Mar, 25 14:00
    Importance: Low
    Previous: -1.7
    Forecast: -
    Actual: -
    Period: Mar
    -1.7 - -
  • Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 25 21:45
    ★★
    Trade Balance
    Trade Balance
    Country:

    A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

    Surpluses and Deficits
    A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

    Ramifications of Trade Balance on Markets
    There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

    However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

    Date: Mar, 25 21:45
    Importance: Medium
    Previous: -914M; -6358M
    Forecast: -
    Actual: -
    Period: Feb
    -914M; -6358M - -
    Mar, 25 23:50
    Summary of Opinions
    Summary of Opinions
    Country:
    This report includes the BOJ's projection for inflation and economic growth. It's the primary tool the BOJ uses to communicate their economic and monetary projections to investors.
    Date: Mar, 25 23:50
    Importance: Low
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Mar, 25 23:50
    Corporate Service Price Index
    Corporate Service Price Index
    Country:

    Change in the price of services purchased by corporations. It's a leading indicator of consumer inflation - when corporations pay more for services the higher costs are usually passed on to the consumer.

    Date: Mar, 25 23:50
    Importance: Low
    Previous: 1.1%
    Forecast: -
    Actual: -
    Period: Feb
    1.1% - -
    Mar, 26 05:00
    BOJ Core CPI
    BOJ Core CPI
    Country:
    Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
    Date: Mar, 26 05:00
    Importance: Low
    Previous: 0.5%
    Forecast: -
    Actual: -
    Period: Feb
    0.5% - -
    Mar, 26 09:00
    M3 Money Supply
    M3 Money Supply
    Country:

    The broadest measure of money supply in use by Eurozone nations. It includes all currency in circulation, bank deposits, repurchase agreements, debt securities up to 2 years, and the value of money market shares. A larger money supply reduces the purchasing power of the Euro and puts downward pressure on the exchange rate. However, because an increase in M3 leads to price inflation, this figure can also be indicative of the likelihood of future interest rate hikes. The Eurozone M3 is reported in headlines as a percent change from the previous month or as a Three Month Average, which smoothes monthly volatility in the money supply.

    Date: Mar, 26 09:00
    Importance: Low
    Previous: 3.8%
    Forecast: -
    Actual: -
    Period: Feb
    3.8% - -
  • Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 26 09:00
    Private Sector Credit
    Private Sector Credit
    Country:

    Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment.

    Date: Mar, 26 09:00
    Importance: Low
    Previous: 3.2%
    Forecast: -
    Actual: -
    Period: Feb
    3.2% - -
    Mar, 26 12:30
    ★★
    Building Permits
    Building Permits
    Country:

    The number of new building projects authorized for construction. The figure is widely used as an indicator for developments in the housing market, since receiving a permit to build is the first step in the construction process. Thus growth in Building Permits reflects growth in the construction sector. Also, due to the high outlays needed for construction projects, an increase in Building Permits suggests corporate and consumer optimism. Additionally, because leading indicators for the housing market respond quickly to changes in the business cycle, the Building Permit figure can act as a leading indicator for the economy as a whole.

    The headline is the seasonally adjusted percentage change in Building Permits from the previous month.

    Date: Mar, 26 12:30
    Importance: Medium
    Previous: 1345K; 1.4%
    Forecast: -
    Actual: -
    Period: Feb
    1345K; 1.4% - -
    Mar, 26 12:30
    ★★
    Housing Starts
    Housing Starts
    Country:

    Gauges the change in the number of new houses built in the United States. Housing Starts are one of the earliest indicators of the housing market, only trailing Building Permits in timeliness.

    Because high outlays are needed to start construction projects, an increase in Housing Starts implies an increase in investment and business optimism. Finally, the Housing Starts figure gives insight into consumer activity, since new home purchases typically require a large investment for consumers. Given such connections to consumer and corporate sentiment, real estate generally leads economic developments. A sharp drop in new home construction is a warning signal of economic slowdown. Conversely, a rebound in the Housing Starts paves the way for economic recovery.

    Housing Starts data is differentiated by building types (single family houses, 2 to 4 residence units and 5 or more residence units). The single family housing starts is a more reliable economic indicator than multi family housing starts, as single family house building is driven by demand and consumer confidence, whereas multi family house building is more often motivated by speculative real estate investors. The report headline is expressed in volume of houses built. The figures are in the thousands of units.

    Date: Mar, 26 12:30
    Importance: Medium
    Previous: 1230K; 18.6%
    Forecast: -
    Actual: -
    Period: Feb
    1230K; 18.6% - -
    Mar, 26 13:00
    House Price Index
    House Price Index
    Country:

    A resumptive index of house prices reflecting prices for new constructions and resale real estate markets. As all indices connected with the construction industry it can be seasonally adjusted.

    Date: Mar, 26 13:00
    Importance: Low
    Previous: 0.3%
    Forecast: -
    Actual: -
    Period: Jan
    0.3% - -
    Mar, 26 13:00
    Case-Shiller 20 City
    Case-Shiller 20 City
    Country:
    The S&P Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions.
    Date: Mar, 26 13:00
    Importance: Low
    Previous: 4.2%
    Forecast: -
    Actual: -
    Period: Jan
    4.2% - -
  • Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 26 14:00
    ★★★
    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: Mar, 26 14:00
    Importance: High
    Previous: 131.4
    Forecast: -
    Actual: -
    Period: Mar
    131.4 - -
    Mar, 26 14:00
    Richmond Fed Manufacturing Index
    Richmond Fed Manufacturing Index
    Country:

    Assesses regional manufacturing conditions for the Richmond Fed District. Based on mail-in surveys from a representative sample of manufacturing plants, the Richmond Fed Index seeks to track industrial performance. The report puts particular emphasis on inflationary pressures.

    Though the Richmond Fed Manufacturing Survey is valued for its quick turnaround, it is still released after the ISM survey. As a result, the figure is often used to affirm or question the ISM report, and has little impact on markets. The Richmond Fed Manufacturing Survey also asks manufacturing executives to stress price expectations. Some markets participants use this data as an early gauge to CPI and PPI reports released a few days later.

    The headline figure is a three-month average, calculated by finding the percentage difference between positive and negative responses for the last three months, using a zero boom/bust centerline.

    Note: The survey covers such topics as shipments, order volume, backlog volume, capacity utilization, vendor lead time, employees, average workweek, wages, inventory levels, and capital expenditures. The Fifth District includes the District of Columbia , Maryland , both Carolinas, and most of the Virginias.

    Date: Mar, 26 14:00
    Importance: Low
    Previous: 16
    Forecast: -
    Actual: -
    Period: Mar
    16 - -
    Mar, 27 01:00
    ★★★
    Official Cash Rate
    Official Cash Rate
    Country:
    The Official Cash Rate (OCR) is the interest rate set by the Reserve Bank to meet the inflation target specified in the Policy Targets Agreement (PTA). The current PTA, signed in September 2012, defines price stability as annual increases in the Consumers Price Index (CPI) of between 1 and 3 per cent on average over the medium term, with a focus on keeping future average inflation near the 2 percent target midpoint.
    Date: Mar, 27 01:00
    Importance: High
    Previous: 1.75%
    Forecast: 1.75%
    Actual: -
    Period: Mar
    1.75% 1.75% -
    Mar, 27 01:00
    ★★★
    RBNZ Rate Statement
    RBNZ Rate Statement
    Country:

    The Reserve Bank of New Zealand (RBNZ) releases this statement in connection to its recent decision on short-term interest rates. Interest rates are a primary determinant of a currency's value and these statements are used by traders to determine future monetary policy decisions.

    Date: Mar, 27 01:00
    Importance: High
    Previous: -
    Forecast: -
    Actual: -
    Period: -
    - - -
    Mar, 27 07:00
    GfK Consumer Climate
    GfK Consumer Climate
    Country:

    The German group GfK uses this report to show the results of their survey on business consumer confidence in order to gauge the health of the German economy. It is a leading indicator of economic strength.

    Date: Mar, 27 07:00
    Importance: Low
    Previous: 10.8
    Forecast: -
    Actual: -
    Period: Apr
    10.8 - -
  • Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 27 09:00
    ZEW-CS Survey (Economic Expectations)
    ZEW-CS Survey (Economic Expectations)
    Country:

    The ZEW-CS Indicator is calculated monthly by the Centre for European Economic Research (ZEW) in cooperation with Credit Suisse (CS). The indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six-month time horizon.

    Date: Mar, 27 09:00
    Importance: Low
    Previous: -16.6
    Forecast: -
    Actual: -
    Period: Mar
    -16.6 - -
    Mar, 27 10:30
    10-y Bond Auction
    10-y Bond Auction
    Country:
    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.
    Date: Mar, 27 10:30
    Importance: Low
    Previous: 0.12%; 2.5
    Forecast: -
    Actual: -
    Period: Mar
    0.12%; 2.5 - -
    Mar, 27 11:00
    CBI retail sales volume balance
    CBI retail sales volume balance
    Country:

    Level of a diffusion index based on surveyed retailers and wholesalers: above 0 indicates higher sales volume, below indicates lower. This is a survey of about 160 retail and wholesale companies which asks respondents to rate the relative level of current sales volume. It's a leading indicator of consumer spending because retailer and wholesaler sales are directly influenced by consumer buying levels.
     

    Date: Mar, 27 11:00
    Importance: Low
    Previous: -
    Forecast: -
    Actual: -
    Period: Mar
    - - -
    Mar, 27 12:30
    ★★
    Trade Balance
    Trade Balance
    Country:

    A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

    Surpluses and Deficits
    A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

    Ramifications of Trade Balance on Markets
    There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

    However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

    Date: Mar, 27 12:30
    Importance: Medium
    Previous: -4.6bln
    Forecast: -
    Actual: -
    Period: Jan
    -4.6bln - -
    Mar, 27 12:30
    ★★
    Trade Balance
    Trade Balance
    Country:

    A country's trade balance reflects the difference between exports and imports of goods and services. The trade balance is one of the biggest components of the Balance of Payment, giving valuable insight into pressures on country's currency.

    Surpluses and Deficits
    A positive Trade Balance (surplus) indicates that exports are greater than imports. When imports exceed exports, the country experiences a trade deficit. Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country. Such currency outflows may lead to a natural depreciation unless countered by comparable capital inflows (inflows in the form of investments, FDI - where foreigners investing in local equity, bond or real estates markets). At a bare minimum, deficits fundamentally weigh down the value of the currency.

    Ramifications of Trade Balance on Markets
    There are a number of factors that work to diminish the market impact of Trade Balance upon immediate release. The report is not very timely, coming some time after the reporting period. Developments in many of the figure's components are also typically anticipated well beforehand. Lastly, since the report reflects data for a specific reporting month or quarter, any significant changes in the Trade Balance should plausibly have already been felt during that period - and not during the release of data.

    However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.

    Date: Mar, 27 12:30
    Importance: Medium
    Previous: -59.8bln
    Forecast: -
    Actual: -
    Period: Jan
    -59.8bln - -
  • Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 27 12:30
    Current Account
    Current Account
    Country:

    The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the USD.

    A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

    Date: Mar, 27 12:30
    Importance: Low
    Previous: -124.8bln
    Forecast: -
    Actual: -
    Period: 4 quarter
    -124.8bln - -
    Mar, 27 14:30
    Leading Index (Conference Board)
    Leading Index (Conference Board)
    Country:

    The Index includes account inventory ratios, machinery orders, stock prices and other leading economic indicators. As the aggregate of many leading indices the Leading Economic Index provides a forecast of the future state of the domestic economy and is thought to predict activity that will occur 6-9 months after the reporting period.

    The index operates on a 1-100 scale, where a value lower than 50 means that most indictors are negative and a value higher than 50 means most indicators are positive. In both cases a greater distance from the midpoint (50) means that the indicators are more strongly positive or negative.

    Date: Mar, 27 14:30
    Importance: Low
    Previous: 106.2; 0.1%
    Forecast: -
    Actual: -
    Period: Jan
    106.2; 0.1% - -
    Mar, 28 00:00
    ★★
    ANZ Business Confidence
    ANZ Business Confidence
    Country:

    The results of the ANZ Bank Business survey held among businesses nationwide.

    Date: Mar, 28 00:00
    Importance: Medium
    Previous: -30.9
    Forecast: -
    Actual: -
    Period: Mar
    -30.9 - -
    Mar, 28 07:00
    Nationwide House Price Index
    Nationwide House Price Index
    Country:

    Gauge for costs of homes in the United Kingdom. Mortgage data is used to provide a timely measure of the level of prices. House prices give good information current conditions in the housing market. The Index can precurse broader inflationary pressures felt in later more market moving reports should housing price pressures feed into consumer prices.
     

    Date: Mar, 28 07:00
    Importance: Low
    Previous: -0.1% m/m; 0.4% y/y
    Forecast: -
    Actual: -
    Period: Mar
    -0.1% m/m; 0.4% y/y - -
    Mar, 28 10:00
    10-y Bond Auction
    10-y Bond Auction
    Country:
    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.
    Date: Mar, 28 10:00
    Importance: Low
    Previous: 2.81%; 1.31
    Forecast: -
    Actual: -
    Period: Mar
    2.81%; 1.31 - -
  • Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 28 12:30
    ★★
    GDP
    GDP
    Country:

    The GDP for the United States is a gauge of the overall output (goods & services) of the US economy on the continental US GDP is the most comprehensive overall measure of economic output and provides key insight into the driving forces of the economy.

    GDP Influence On Markets
    If the figure increases, then the economy is improving, and thus the dollar tends to strengthen. If the number falls short of expectations or meets the consensus, dollar bearishness may be triggered. This sort of reaction is again tied to interest rates, as traders expect an accelerating economy, consumers will be affected by inflation and consequently interest rates will rise. However, much like the CPI, a negative change in GDP is more difficult to trade; just because the pace of growth has slowed does not mean it has deteriorated. On the other hand, a better than expected number will usually result in the dollar rising as it implicates that a quickly expanding economy will sooner or later require higher interest rates to keep inflation in check. Overall though, the GDP has fallen in significance and its ability to move markets since most of the components of the report are known in advance

    Due to the untimeliness of this report and because data on GDP components are available beforehand, the actual GDP figure is usually well anticipated. But given its overall significance GDP has the tendency to move the market upon release, acting to confirm or upset economic expectations. Robust GDP growth signals a heightened level of activity that is generally associated with a healthy economy. However economic expansion also raises concerns about inflationary pressures which may lead to monetary policy tightening.

    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 figure is commonly reported in headlines as an annualized percentage, based on quarterly data.

    On a technical note: The GDP can be reported in either real or nominal terms, real GDP being adjusted for inflation. GDP actually has three releases, as an Advanced, Preliminary, and Final figure. The Advanced figure is released four weeks following the quarter's end. One month later, the Preliminary GDP is released, followed by the Final GDP measure at the end of the quarter following the reporting quarter. As the most timely measure, the Advanced GDP tends to move markets the most.

    Date: Mar, 28 12:30
    Importance: Medium
    Previous: 2.6%
    Forecast: 2.6%
    Actual: -
    Period: 4 quarter
    2.6% 2.6% -
    Mar, 28 12:30
    GDP Price Index
    GDP Price Index
    Country:

    Measures changes in the prices of goods and services that are included in US GDP. The GDP Price Index is an indicator for inflation calculated by comparing the current GDP to GDP in the reference year. A high or rising GDP Price Index, like other indicators of inflation, puts pressure on the Federal Reserve to raise interest rates.

    The GDP price index differs from other more popular inflation measures like CPI, in that it includes all products accounted for by GDP and does not include the affects of changes in import prices. Furthermore, the report is only released quarterly and commands little market attention because of it lack of timeliness.

    The headline figure is the annualized percentage change.

    Date: Mar, 28 12:30
    Importance: Low
    Previous: 1.8%
    Forecast: 1.8%
    Actual: -
    Period: 4 quarter
    1.8% 1.8% -
    Mar, 28 14:00
    ★★
    Pending Home Sales
    Pending Home Sales
    Country:

    Tracks residential housing contract activity of existing single-family homes. The Pending Home Sales report is an advanced read on trends in the US housing market. Housing is typically correlated to the overall state of the economy; particularly indicative of economic turning points. A sharp drop in housing demand typically acts as a warning signal of economic slowdown as buyers are reluctant to purchase houses when interest rates are high, disposable income is low, or consumer confidence is low. Conversely, a rebound in the housing market is often a leading indicator of an economic recovery.

    The report headline is expressed in percentage change in pending home sales from previous month.

    Date: Mar, 28 14:00
    Importance: Medium
    Previous: 4.6% m/m; -3.2% y/y
    Forecast: -
    Actual: -
    Period: Feb
    4.6% m/m; -3.2% y/y - -
    Mar, 28 15:00
    Consumer Confidence
    Consumer Confidence
    Country:

    Consumer confidence is a measure of popular sentiment concerning the Eurozone economy. The figure is derived from a survey that asks thousands of consumers about personal expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Even though t he Italian economy is heavily driven by its export sector, domestic consumer confidence is an important gauge of overall economic activity and future inflationary pressures.

    A headline figure above 50 shows positive consumer sentiment, while a number below 50 shows negative consumer sentiment; the greater the distance, the stronger the sentiment.

    Date: Mar, 28 15:00
    Importance: Low
    Previous: -7.4
    Forecast: -
    Actual: -
    Period: Mar
    -7.4 - -
    Mar, 28 21:45
    Building Permits
    Building Permits
    Country:

    The number of new building projects authorized for construction New Zealand . Building Consents, or Building Permits, are issued when a building project has been authorized to begin construction. Since Building Consents serve as one of the earliest signals of expanded housing supply, the report is a leading indicator for the overall housing market. Also, because of the high outlays needed for construction projects Building Permits suggests optimism for corporate or consumer spending. Lastly, housing indicators are popular leading indicators due to the multiplier effect that they have on the rest of the economy. The headline is the percentage change in new consents for the month.

    Note: When looking deeper into the report it is important to analyze in detail what the type of projects the consents are for, as Building Consents include residential housing as well as 'big-ticket' non-residential buildings and government projects that can create large gyrations in the report month to month.

    Date: Mar, 28 21:45
    Importance: Low
    Previous: 16.5%
    Forecast: -
    Actual: -
    Period: Feb
    16.5% - -
  • Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 28 23:30
    National CPI
    National CPI
    Country:

    National Consumer Price Index (CPI) is the key gauge for inflation in Japan. Simply put, inflation reflects a decline in the purchasing power of the Yen, where each Yen buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical Japanese household might purchase. An increase in the index indicates that it takes more Yen to purchase this same set of basic consumer items.

    Markets will typically pay more attention to "CPI excluding Fresh Food," because it excludes volatile food prices that can distort overall CPI. The headline figure for CPI is the percentage change in the index on a month to month or year to year basis.

    As the most important indicator of inflation, CPI figures are closely followed by the Bank of Japan. Rising Consumer Prices may prompt the BoJ to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Yen more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Yen.

    Date: Mar, 28 23:30
    Importance: Low
    Previous: 0.6%
    Forecast: -
    Actual: -
    Period: Mar
    0.6% - -
    Mar, 28 23:30
    National CPI ex Fresh Food
    National CPI ex Fresh Food
    Country:

    National Consumer Price Index (CPI) is the key gauge for inflation in Japan. Simply put, inflation reflects a decline in the purchasing power of the Yen, where each Yen buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical Japanese household might purchase. An increase in the index indicates that it takes more Yen to purchase this same set of basic consumer items.

    Markets will typically pay more attention to "CPI excluding Fresh Food," because it excludes volatile food prices that can distort overall CPI. The headline figure for CPI is the percentage change in the index on a month to month or year to year basis.

    As the most important indicator of inflation, CPI figures are closely followed by the Bank of Japan. Rising Consumer Prices may prompt the BoJ to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Yen more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Yen.

    Date: Mar, 28 23:30
    Importance: Low
    Previous: 1.1%
    Forecast: -
    Actual: -
    Period: Mar
    1.1% - -
    Mar, 28 23:30
    Tokyo CPI ex Fresh Food & Energy
    Tokyo CPI ex Fresh Food & Energy
    Country:

    An indicator of inflation experienced by consumers living in Tokyo, excluding such volatile item as fresh food.

    Date: Mar, 28 23:30
    Importance: Low
    Previous: 0.7%
    Forecast: -
    Actual: -
    Period: Mar
    0.7% - -
    Mar, 28 23:30
    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: Mar, 28 23:30
    Importance: Low
    Previous: 2.5%
    Forecast: -
    Actual: -
    Period: Feb
    2.5% - -
    Mar, 28 23:50
    Retail Sales
    Retail Sales
    Country:

    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.

    Date: Mar, 28 23:50
    Importance: Low
    Previous: -2.3% m/m; 0.6% y/y
    Forecast: -
    Actual: -
    Period: Feb
    -2.3% m/m; 0.6% y/y - -
  • Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 29 00:01
    GfK Consumer Confidence Survey
    GfK Consumer Confidence Survey
    Country:

    Consumer Confidence measures the level of confidence households have in economic performance. Generally rising consumer confidence acts as a precursor to higher consumer expenditures which drive economic expansion. The report also breaks down results into parts of the economy, giving a detailed picture of the consumer climate in Great Britain. GfK Consumer Confidence is one of the most closely watched surveys. The survey results are quantified into index where 0 represents long term Consumer Confidence averages. The headline figure is expressed in percentage change. On a global basis, the indicator is very important for the economy, as it reflects consumers sentiments which formed the major portion of Great Britain GDP. The survey is conducted monthly by GfK, a market research organization, on behalf of the EU commission.

    Date: Mar, 29 00:01
    Importance: Low
    Previous: -13
    Forecast: -
    Actual: -
    Period: Mar
    -13 - -
    Mar, 29 00:30
    Private Sector Credit
    Private Sector Credit
    Country:
    Private Sector Credit released by the Reserve Bank of Australia is an amount of money that the Australian private sector borrows.
    Date: Mar, 29 00:30
    Importance: Low
    Previous: 0.2% m/m; 4.3% y/y
    Forecast: -
    Actual: -
    Period: Feb
    0.2% m/m; 4.3% y/y - -
    Mar, 29 05:00
    Housing Starts
    Housing Starts
    Country:

    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.

    Date: Mar, 29 05:00
    Importance: Low
    Previous: 0.872M; 1.1%
    Forecast: -
    Actual: -
    Period: Feb
    0.872M; 1.1% - -
    Mar, 29 07:00
    Import Price Index
    Import Price Index
    Country:

    This index measures changes in the prices of imports into a country per month.

    Date: Mar, 29 07:00
    Importance: Low
    Previous: -0.2% m/m; 0.8% y/y
    Forecast: -
    Actual: -
    Period: Feb
    -0.2% m/m; 0.8% y/y - -
    Mar, 29 07:00
    Retail Sales
    Retail Sales
    Country:

    Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy since private consumption makes up a large portion of German Gross Domestic Product. 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.

    Date: Mar, 29 07:00
    Importance: Low
    Previous: 3.3% m/m; 2.6% y/y
    Forecast: -
    Actual: -
    Period: Feb
    3.3% m/m; 2.6% y/y - -
  • Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 29 07:45
    Consumer Spending
    Consumer Spending
    Country:

    Change in the total value of inflation-adjusted goods expenditures by consumers.

    Date: Mar, 29 07:45
    Importance: Low
    Previous: 1.2%
    Forecast: -
    Actual: -
    Period: Feb
    1.2% - -
    Mar, 29 08:00
    ★★
    KOF Economic Barometer
    KOF Economic Barometer
    Country:

    The Swiss KOF Economic Barometer is a leading indicator which measures overall economic activity and is an excellent indicator of the direction of the Swiss economy. The KOF Economic Barometer is one or two quarters ahead of the GDP growth rate of the previous year and thus enables an initial estimate to be made of how the Swiss economy will perform in the next or in the next two quarters.

    The Barometer is ultimately adjusted to take account of seasonal fluctuations and random factors. The Barometer is published monthly.

    Date: Mar, 29 08:00
    Importance: Medium
    Previous: 92.4
    Forecast: -
    Actual: -
    Period: Mar
    92.4 - -
    Mar, 29 08:55
    ★★
    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: Mar, 29 08:55
    Importance: Medium
    Previous: 5.0%
    Forecast: -
    Actual: -
    Period: Mar
    5.0% - -
    Mar, 29 08:55
    ★★
    Unemployment Change
    Unemployment Change
    Country:

    The indicator shows the number of unemployed people in Germany.

    Date: Mar, 29 08:55
    Importance: Medium
    Previous: -21K
    Forecast: -
    Actual: -
    Period: Mar
    -21K - -
    Mar, 29 09:30
    ★★
    Current Account
    Current Account
    Country:

    The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the GBP.

    A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

    Date: Mar, 29 09:30
    Importance: Medium
    Previous: -26.5bln
    Forecast: -
    Actual: -
    Period: 4 quarter
    -26.5bln - -
  • Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 29 09:30
    ★★
    GDP
    GDP
    Country:

    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.

    Date: Mar, 29 09:30
    Importance: Medium
    Previous: 0.2% q/q; 1.3% y/y
    Forecast: 0.2% q/q; 1.3% y/y
    Actual: -
    Period: 4 quarter
    0.2% q/q; 1.3% y/y 0.2% q/q; 1.3% y/y -
    Mar, 29 09:30
    Business Investment
    Business Investment
    Country:

    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.

    Date: Mar, 29 09:30
    Importance: Low
    Previous: -1.4%q/q; -3.7% y/y
    Forecast: -1.4%q/q; -3.7% y/y
    Actual: -
    Period: 4 quarter
    -1.4%q/q; -3.7% y/y -1.4%q/q; -3.7% y/y -
    Mar, 29 09:30
    ★★
    Net Lending to Individuals
    Net Lending to Individuals
    Country:

    The amount of extra funds that a sector has available to provide for either direct and indirect lending purposes to other similar counter-parts.

    Date: Mar, 29 09:30
    Importance: Medium
    Previous: 4.8bln
    Forecast: -
    Actual: -
    Period: Feb
    4.8bln - -
    Mar, 29 09:30
    M4 Money Supply
    M4 Money Supply
    Country:

    M4 is referred to as "broad money" or simply "the money supply". It reflects cash outside banks (i.e. in circulation with the public and non-bank firms) + private-sector retail bank and building society deposits + Private-sector wholesale bank and building society deposits and Certificate of Deposit.

    Date: Mar, 29 09:30
    Importance: Low
    Previous: 0.2% m/m; 0.5% y/y
    Forecast: -
    Actual: -
    Period: Feb
    0.2% m/m; 0.5% y/y - -
    Mar, 29 09:30
    Mortgage Approvals
    Mortgage Approvals
    Country:

    Number of new mortgages approved for home purchase by BBA-represented banks during the previous month. The BBA represents major banks that make up around 60% of total UK mortgage lending.

    Date: Mar, 29 09:30
    Importance: Low
    Previous: 66.8K
    Forecast: -
    Actual: -
    Period: Feb
    66.8K - -
  • Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 29 12:30
    ★★★
    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: Mar, 29 12:30
    Importance: High
    Previous: -0.1% m/m; 1.1% y/y
    Forecast: -
    Actual: -
    Period: Jan
    -0.1% m/m; 1.1% y/y - -
    Mar, 29 12:30
    ★★
    Raw Materials Price Index
    Raw Materials Price Index
    Country:

    Measures the prices paid by Canadian manufacturers for key raw materials, including resources not produced in Canada. Also known as the Producer Price Index, the RMPI is an early measure of inflation. Although producers may not pass on changes in raw material prices to consumers immediately, the index will record these cost pressures before they reach the end consumer and affect inflation rates. The headline figure is the percentage change in the price index from the previous month and year.

    The index includes prices for raw materials like mineral fuels, vegetable products, animal and animal products, wood, ferrous materials, non-ferrous metals, and non-metallic minerals.
     

    Date: Mar, 29 12:30
    Importance: Medium
    Previous: 3.8%
    Forecast: -
    Actual: -
    Period: Feb
    3.8% - -
    Mar, 29 12:30
    Industrial Product Price Index
    Industrial Product Price Index
    Country:

    Industrial Product Price Index released by the Statistics Canada measures price changes for major commodities sold by Canadian manufactures. Changes in the IPP index are widely followed as an indicator of commodity inflation.

    Date: Mar, 29 12:30
    Importance: Low
    Previous: -0.3%
    Forecast: -
    Actual: -
    Period: Feb
    -0.3% - -
    Mar, 29 12:30
    ★★
    PCE Core
    PCE Core
    Country:

    Comprehensive measure of how much consumers spend each month, counting expenditures on durable goods, consumer products, and services. Personal Consumption is a comprehensive measure of GDP; consequently the figure is watched as an indicator for economic trends. Spending also has direct affect on inflationary pressures.

    A healthy Personal Spending figure means that consumers are buying goods and services, fueling the economy and spurring output growth. The report is particularly valued for forecasting inflationary pressures. Taken in excess these high levels of consumption and production may lead to an overall increase in prices. Indeed, the Fed uses a measure of inflation derived from the PCE as their primary gauge of inflation.

    On the other hand, persistently low Personal Spending may result in decreasing levels of output and an economic downturn.

    Because income is either spent or saved, Personal Spending (when reported as a percent of income rather than the headline percent change) has an inverse relationship to personal saving. Economists watch the growth of Personal Spending in relation to income and saving to determine if consumers are living beyond their means, which would influence levels of borrowing and future consumption.

    The PCE figure is released in headlines as a percent change from the previous month.

    Core Personal Consumption Expenditure
    Volatile items like food and energy can fluctuate widely due to seasonal and non-systemic factors. In order to provide a less erratic picture of Personal Consumption, food and energy items are excluded in the PCE core report.

    The headline figure of PCE is expressed in percentage change in spending for the quarter.

    Note: The Personal Consumption Expenditure figure is reported with the Personal Income and Outlays figure.

    Date: Mar, 29 12:30
    Importance: Medium
    Previous: 0.2% m/m; 1.9% y/y
    Forecast: -
    Actual: -
    Period: Jan
    0.2% m/m; 1.9% y/y - -
    Mar, 29 12:30
    ★★
    Personal Spending
    Personal Spending
    Country:

    Comprehensive measure of how much consumers spend each month, counting expenditures on durable goods, consumer products, and services. Personal Consumption is a comprehensive measure of GDP; consequently the figure is watched as an indicator for economic trends. Spending also has direct affect on inflationary pressures.

    A healthy Personal Spending figure means that consumers are buying goods and services, fueling the economy and spurring output growth. The report is particularly valued for forecasting inflationary pressures. Taken in excess these high levels of consumption and production may lead to an overall increase in prices. Indeed, the Fed uses a measure of inflation derived from the PCE as their primary gauge of inflation.

    On the other hand, persistently low Personal Spending may result in decreasing levels of output and an economic downturn.

    Because income is either spent or saved, Personal Spending (when reported as a percent of income rather than the headline percent change) has an inverse relationship to personal saving. Economists watch the growth of Personal Spending in relation to income and saving to determine if consumers are living beyond their means, which would influence levels of borrowing and future consumption.

    The PCE figure is released in headlines as a percent change from the previous month.

    Date: Mar, 29 12:30
    Importance: Medium
    Previous: -0.5%
    Forecast: -
    Actual: -
    Period: Jan
    -0.5% - -
  • Date
    GMT+00:00
    Event Previous Forecast Actual
    Mar, 29 12:30
    Personal Income
    Personal Income
    Country:

    Broad gauge of employee earnings in the US . Personal Income measures the pre-tax income households receive from employment, investments, and transfer payments. As wages and salaries make up the majority of Personal Income, the figure can provide insight on the US employment situation. However, because Personal Income is released after the headline employment figure and earnings figures, its impact on the market is muted. The figure is still useful in gauging the purchasing ability of consumers, though, as rising Personal Income allows for strong consumers spending. Such spending drives output growth and fuels the US economy.

    Date: Mar, 29 12:30
    Importance: Low
    Previous: -0.1%
    Forecast: -
    Actual: -
    Period: Feb
    -0.1% - -
    Mar, 29 13:45
    ★★
    Chicago Purchasing Managers Index
    Chicago Purchasing Managers Index
    Country:

    Monthly measure of the business conditions based on surveys of purchasing managers across Illinois, Indiana and Michigan. Released on the last business day of the reporting month, the report's significance has recently declined, with its only significance being that it precedes the more anticipated ISM report. Subsequently, it is used to predict the ISM report as the Chicago survey retains a high correlation with the broader economic release.

    Referring to a benchmark of 50, the report is considered to reflect expansion when printing a reading of 50 or higher. Conversely, a reading of 49 and lower would be indicative of contraction.

    Date: Mar, 29 13:45
    Importance: Medium
    Previous: 64.7
    Forecast: -
    Actual: -
    Period: Mar
    64.7 - -
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