Reading | 49.9 |
Period: Apr
Previous Reading: 48.2
Forecast: 48.0
Actual Reading: 49.9
A monthly gauge of manufacturing activity and future outlook. The CIPS PMI is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Purchasing managers are tasked with gauging future demand, and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.
The PMI is presented as an index with a value between 1-100.
hideReading | 54.6 |
Period: Apr
Previous Reading: 54.1
Forecast:
Actual Reading: 54.6
Evaluates the monthly change in output produced by Japan's service sector. Because this report excludes manufacturing and only measures service industries catering mainly to domestic needs, the Tertiary Industry Index is a key indicator of domestic activity. The index incorporates data from firms involved in wholesale and retail trade, financial services, health care, real estate, leisure and utilities. The report excludes industrial manufacturing sectors that tend to be influenced by foreign demand. The tertiary industry index is posted monthly as a percentage change from the previous month's figure.
hideReading | 52.6 |
Period: Apr
Previous Reading: 51.7
Forecast:
Actual Reading: 52.6
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.
hideReading | 11.0bln; 11.9bln |
Period: Mar
Previous Reading: 8.6bln; 9.5bln
Forecast: 8.9
Actual Reading: 11.0bln; 11.9bln
In the U.K., the amount of expenditures less the total receipts taken in by the government. Public sector net borrowing is the measure of fiscal surpluses and deficits along with the amount of new debt created. If this number is positive, it means the U.K. is running a fiscal deficit, while a negative number represents a fiscal surplus. hide
Reading | 44.9 |
Period: Apr
Previous Reading: 46.2
Forecast: 46.9
Actual Reading: 44.9
A monthly guage of manufacturing activity and future outlook. The CIPS PMI is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Purchasing managers are tasked with gauging future demand, and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.
The PMI is presented as an index with a value between 1-100.
hideReading | 50.5 |
Period: Apr
Previous Reading: 48.3
Forecast: 48.9
Actual Reading: 50.5
Gauge for the overall performance of the country's service sector. The Services PMI interviews executives on the status of sales, employment, and their outlook. Because the performance of the country's service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. For this reason Services PMI usually causes little market movement. The survey results are quantified and presented as an index on a 1-100 scale. The headline figure is the percentage change in the index.
hideReading | 49.9 |
Period: Apr
Previous Reading: 48.3
Forecast:
Actual Reading: 49.9
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. hide
Reading | 42.2 |
Period: Apr
Previous Reading: 41.9
Forecast: 42.8
Actual Reading: 42.2
Gauge for overall performance of the German manufacturing sector. Through asking executives about sales and employment outlook, the survey strives to provide useful information about the business climate that can lead to developments in employment, output and consumption. The PMI survey results are the result of interviews with business executives. Manufacturing is an important sector in Germany , which is why changes in Manufacturing PMI can provide a good indicator to the overall economic condition in Germany as well as Euro-zone. However, despite the timeliness of the report, Manufacturing PMI is not a big market mover.
The survey results are quantified into index where 0 represents long term manufacturing business conditions. The headline figure is expressed in percentage change.
Reading | 53.3 |
Period: Apr
Previous Reading: 50.1
Forecast: 50.6
Actual Reading: 53.3
Gauge for the overall performance of the German service sector. The Services PMI interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. For this reason Services PMI usually causes little market movement. The survey results are quantified and presented as an index on a 1-100 scale. The headline figure is the percentage change in the index.
hideReading | 50.5 |
Period: Apr
Previous Reading: 47.7
Forecast: 48.6
Actual Reading: 50.5
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. hide
Reading | 45.6 |
Period: Apr
Previous Reading: 46.1
Forecast: 46.5
Actual Reading: 45.6
The Euro-zone Manufacturing Purchasing Managers Index (PMI) assesses business conditions in the manufacturing sector. Because the manufacturing sector represents nearly a quarter of total Euro-zone GDP, the Euro-zone Manufacturing PMI is both a significant and timely indicator of business conditions and the general health of the economy. Results are quantified in an index in which values above 50 indicate an expected increase of business conditions and values below 50 signal an expected deterioration.
hideReading | 52.9 |
Period: Apr
Previous Reading: 51.5
Forecast: 51.8
Actual Reading: 52.9
Gauge for the overall performance of the German service sector. The Services PMI interviews German executives on the status of sales, employment, and their outlook. Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. For this reason Services PMI usually causes little market movement. The survey results are quantified and presented as an index on a 1-100 scale. The headline figure is the percentage change in the index.
hideReading | 51.4 |
Period: Apr
Previous Reading: 50.3
Forecast: 50.8
Actual Reading: 51.4
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.
hideReading | 48.7 |
Period: Apr
Previous Reading: 50.3
Forecast: 50.3
Actual Reading: 48.7
A monthly gauge of manufacturing activity and future outlook. It is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Purchasing managers are tasked with gauging future demand and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.
The PMI is presented as an index with a value between 1-100.
hideReading | 54.9 |
Period: Apr
Previous Reading: 53.1
Forecast: 53.0
Actual Reading: 54.9
A monthly gauge of the UK service sector that takes into account business outlook. The survey queries executives in transport and communications, financial intermediation, business services, personal services, computing and IT, hotels and restaurants.
Purchasing managers are tasked with gauging future demand, and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the service sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.
Because the contribution services makes to the economy tends to be very consistent and predictable, Services PMI figures typically do not move markets
The PMI is presented as an index with a value between 1-100.
hideReading | 54.0 |
Period: Apr
Previous Reading: 52.8
Forecast:
Actual Reading: 54.0
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. hide
Reading |
Period: Apr
Previous Reading: 51.9
Forecast: 52.0
Actual Reading:
A monthly index released by the Institute of Supply Management which tracks the amount of manufacturing activity that occurred in the previous month.ISM Manufacuring assesses the state of US industry by surveying executives on expectations for future production, new orders, inventories, employment and deliveries. This data is considered a very important and trusted economic measure. If the index has a value below 50, due to a decrease in activity, it tends to indicate an economic recession, especially if the trend continues over several months. A value substantially above 50 likely indicates a time of economic growth. The values for the index can be between 0 and 100.
Values over 50 generally indicate an expansion, while values below 50 indicate contraction.
hideReading |
Period: Apr
Previous Reading: 51.7
Forecast: 52.0
Actual Reading:
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. hide
Reading |
Period: Apr
Previous Reading: 52.1
Forecast:
Actual Reading:
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. hide
Reading |
Period: Mar
Previous Reading: 662K; -0.3%
Forecast: 668K
Actual Reading:
Records sales of newly constructed residences in the United States. The figure is a timely gauge of housing market conditions counting home sales when initial housing contracts are signed. Because New Home Sales usually trigger a sequence of consumption, they have significant market impact upon release. In addition to the high expenditure of the new home, buyers are likely to spend more money on furnishing customizing and financing their home. Consequently, growth in the housing market spurs more consumption, generating demand for goods, services and the employees who provide them.
Generally, the housing market is tracked by a number of reports that mark different stages of the construction and home sale process. The first stage is Building Permits, which precede Housing Starts, which lead to Construction Spending, MBA Mortgage Applications and, finally, New Home Sales and Existing Home Sales. As the headline housing figure, New Home Sales are believed to control some of the volatility of other data. For instance, Building Permits and Housing Starts are considered more indicative of business confidence and production rather than consumer spending. And while Existing Home Sales figures are more indicative of consumer expenditures, they are lagging indicators with less predictive value. New Home Sales numbers are considered confirmatory of housing trends and still predictive of consumer spending.
New Home Sales is also a good indicator of economic turning points due to its sensitivity to consumer income. Buying a house is always a major expenditure, typically only undertaken when consumers have sufficient savings or are optimistic about future earnings. Historically, when economic conditions slow, New Home Sales are one of the first indicators to reflect the change. By the same token, New Home Sales undergo substantial growth when the economy has emerged from recession and wages have begun to pick up.
The report headline is the total amount of properties sold.
hideCalculator of forex volatility
What is volatility on Forex?
Volatility is a statistical measure to gauge fluctuations on Forex. This term reflects a size of changes in a security’s value for a certain time interval. Besides, it is an important financial barometer, which determines an amount of risk for a particular deal. For instance, currency pairs with a low volatility are less risky as their values do not fluctuate dramatically. On the contrary, currency pairs with a high volatility require a well-grounded trading strategy.
Volatility calculator
The average volatility calculator is created to assess a price volatility of a particular currency pair for a certain period. A trader can estimate volatility of major, exotic, and cross currency pairs. A calculation is based on an intraday change in pips and percent according to a certain time frame from 1 to 52 weeks. The volatility calculator helps traders evaluate the degree of their investment risks.
Why do traders need a time frame?
Traders should be aware of an average volatility for every currency pair. The calculator enables traders to measure a standard volatility for different time frames as well as deviations from an average level. Thus, traders can recognize a favorable period for trading. Importantly, too “old” data can be unimportant to make a forecast.
How to calculate volatility?
The average true range (ATR) indicator is used to measure market volatility. Please follow the formula below:
Formula: Variation = Average (Higher — Lower)
Interpretation: Variation equals an average value of a difference between the highest and lowest prices of a currency pair over a particular period.