Economic Calendar

  • Nov
    3
    Sun
  • Nov
    4
    Mon
  • Nov
    5
    Tue
  • Nov
    6
    Wed
  • Nov
    7
    Thu
  • Nov
    8
    Fri
  • Nov
    9
    Sat
Nov
6
WednesdayImpactActualForecastPreviousDetails
00:30
JPY
Composite PMI
med
49.149.8
00:30
JPY
Services PMI
med
49.750.3
07:00
EUR
German Factory orders (sa) (m/m)
med
0.3%0.5%-0.6%
08:50
EUR
French Composite PMI
low
52.652.652.6
08:50
EUR
French Services PMI
low
52.952.952.9
08:55
EUR
German Composite PMI
low
48.948.648.8
08:55
EUR
German Services PMI
med
51.651.251.2
09:00
EUR
Composite PMI
low
50.650.250.2
09:00
EUR
Services PMI
med
52.251.851.8

Services PMI

09:00
EUR
ImpactActualForecastPrevious
med
52.251.851.8

Details

Source
Markit
Measures
The Eurozone Services Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the services sector. Any reading above 50 signals expansion, while a reading under 50 shows contraction.
Usual Effect
A higher than expected reading should be taken as positive/bullish for the EUR , while a lower than expected reading should be taken as negative/bearish for the EUR.
Frequency
Monthly
Next Release
Nov 22, 2019
Why Traders Care
Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. It is worth noting that the European service sector does not influence, either positively or negatively, the GDP as much as the PMI manufacturing does.
Acro Expanded
Purchasing Managers' Index (PMI)
09:00
EUR
ECB's Guindos speaks in Frankfurt
med
09:30
EUR
ECB's Mersch speaks in Frankfurt
med
10:00
EUR
Retail Sales (m/m)
low
0.1%0.0%0.3%
10:00
EUR
Retail Sales (y/y)
med
3.1%2.4%2.1%
13:00
USD
Fed's Evans speaks in New York
med
13:30
USD
Non Farm Productivity (q/q ann)
low
-0.3%0.3%2.5%*
13:30
USD
Unit Labor Costs (q/q)
med
3.6%2.9%2.4%*
14:30
USD
Fed's Williams speaks in moderated Q+A
med
15:00
CAD
Ivey PMI
med
48.248.7

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