Date
GMT+01:00
Event Value
May, 03 18:00
Baker Hughes U.S. Rig Count
Baker Hughes U.S. Rig Count
Country:
Date: May, 03 18:00
Importance: Low
Previous: 613
Forecast: -
Actual: 605
Period: May
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.
605
May, 03 15:00
★★★
ISM Services PMI
ISM Services PMI
Country:
Date: May, 03 15:00
Importance: High
Previous: 51.4
Forecast: 52.0
Actual: 49.4
Period: Apr
ISM index for the non-manufacturing sector, a value below 50 indicates a decrease in activity compared to the previous month, above - about growth.
49.4
May, 03 14:45
★★
Composite PMI
Composite PMI
Country:
Date: May, 03 14:45
Importance: Medium
Previous: 50.9
Forecast: 50.9
Actual: 51.3
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.
51.3
May, 03 14:45
★★
Final Services PMI
Final Services PMI
Country:
Date: May, 03 14:45
Importance: Medium
Previous: 50.9
Forecast: 50.9
Actual: 51.3
Period: Apr
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.
51.3
May, 03 14:30
Composite PMI
Composite PMI
Country:
Date: May, 03 14:30
Importance: Low
Previous: 47.0
Forecast: -
Actual: -
Period: Apr

The Eurozone Composite Purchasing Managers Index (PMI) assesses business conditions in manufacturing, construction and service sectors. The Eurozone PMI is both a significant and timely indicator of business conditions and the general health of the economy. Close correlation with the business cycle, assessed on the basis of long-term statistical data, allows to use the PMI indicator for prognosis of future GDP volumes. The PMI indices are based on  selected panels of executives in companies who report each month on real events. The subindex of intangibles sector - PMI services - is of more importance because in industrialized countries around 70% of GDP is generated in non-manufacturing sector.

47.0
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