Forex Economic Calendar

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Factory orders close
# Revised Better / Worse Units: % m/m
Impact Actual Forecast Previous Time Date
Med -2.10 -1.70 1.10 09:00 5/2

Source

Census Bureau, Department of Commerce

Definition

The factory orders report, produced by the U.S. Census Bureau, consists of both of the durable goods report (announced earlier) along with a report detailing the events of non-durable goods orders. The report itself tends to be rather predictable with non durable goods appearing as the only new component to the previous report.

Frequency

Monthly

Why should I care?

Leading indicator of production that provides a comprehensive look at the manufacturing industry.

USD SMQ
Help

The OlsenScale (SMQ)

The Olsen Scale quantifies the market activity according to the Scale of Market Quakes (SMQ).

Similar to the Richter scale which measures the release of seismic energy during an earthquake, the SMQ relates excessive pricing along various price and time scales to historical data by assigning a single number to it. On a constant basis, the scale therefore characterizes the state of the market.

For more information visit OlsenScale.com
Released: May 2, 2012 9:00
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