Economic Calendar

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Apr
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WednesdayImpactActualForecastPreviousDetails
00:30
JPY
Services PMI
med
50.951.7
01:30
AUD
Retail Trade (m/m)
high
0.6%0.3%0.1%
01:30
AUD
Building approvals (m/m)
high
-6.2%-5.0%17.1%
09:00
EUR
Core CPI (y/y)
med
1.0%1.1%1.0%
09:00
EUR
Unemployment Rate
med
8.5%8.5%8.6%
12:15
USD
ADP National Employment Report
med
241.0k210.0k246.0k*
14:00
USD
Factory Orders (m/m)
low
1.2%1.7%-1.3%*
14:00
USD
ISM Non-Manufacturing
high
58.859.059.5

ISM Non-Manufacturing

14:00
USD
ImpactActualForecastPrevious
high
58.859.059.5

Details

Source
Institute for Supply Management
Measures
The Institute of Supply Management (ISM) Non-Manufacturing Purchasing Managers' Index (PMI) report on Business, a composite index is calculated as an indicator of the overall economic condition for the non-manufacturing sector. The NMI is a composite index based on the diffusion indexes for four of the indicators with equal weights: Business Activity (seasonally adjusted), New Orders (seasonally adjusted), Employment (seasonally adjusted) and Supplier Deliveries. A reading above 50 percent indicates the non-manufacturing sector economy is generally expanding; below 50 percent indicates the non-manufacturing sector is generally contracting.
Usual Effect
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.
Next Release
May 3, 2018
Why Traders Care
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.
Also Called
Services PMI, Non-Manufacturing ISM Report On Business
Acro Expanded
The Institute for Supply Management (ISM), Purchasing Managers' Index (PMI)
22:30
AUD
AIG Services PMI
med
56.954.0

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