Location: United States
Date: 04/03/2015
Time: 14:45
Strength: 2/3
Previous: 54.2
Notes: The Services Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic condition in US. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.
#END
Wednesday, March 04, 2015
US Markit Services PMI
US Markit Services PMI
Location: United States
Date: 04/03/2015
Time: 14:45
Strength: 2/3
Previous: 54.2
Notes: The Services Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic condition in US. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.
#END
US Markit PMI Composite
Location: United States
Date: 04/03/2015
Time: 14:45
Strength: 2/3
Previous: 54.4
Notes: The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and services companies. Data is usually released on the third working day of each month. Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month. From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).
#END
US Markit PMI Composite
Location: United States
Date: 04/03/2015
Time: 14:45
Strength: 2/3
Previous: 54.4
Notes: The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics, are based on a large number of business executives in private sector manufacturing and services companies. Data is usually released on the third working day of each month. Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month. From these percentages, an index is derived: a level of 50.0 signals no change since the previous month, above 50.0 signals an increase (or improvement), below 50.0 a decrease (or contraction).
#END
US ADP Employment Change
Location: United States
Date: 04/03/2015
Time: 13:15
Strength: 2/3
Previous: 213K
Notes: The Employment Change released by the Automatic Data Processing, Inc is a measure of the change in the number of employed people in the US. Generally speaking, a rise in this indicator has positive implications for consumer spending, stimulating economic growth. So a high reading is traditionally seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.
#END
US ADP Employment Change
Location: United States
Date: 04/03/2015
Time: 13:15
Strength: 2/3
Previous: 213K
Notes: The Employment Change released by the Automatic Data Processing, Inc is a measure of the change in the number of employed people in the US. Generally speaking, a rise in this indicator has positive implications for consumer spending, stimulating economic growth. So a high reading is traditionally seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.
#END
US MBA Mortgage Applications
Location: United States
Date: 04/03/2015
Time: 12:00
Strength: 2/3
Previous: -3.5%
Notes: The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
#END
US MBA Mortgage Applications
Location: United States
Date: 04/03/2015
Time: 12:00
Strength: 2/3
Previous: -3.5%
Notes: The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
#END
EMU Retail Sales (YoY)
Location: European Monetary Union
Date: 04/03/2015
Time: 10:00
Strength: 2/3
Previous: 2.8%
Notes: The Retail Sales released by the Eurostat is a measure of changes in sales of the Euro zone retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales. The changes are widely followed as an indicator of consumer spending. Usually, the positive economic growth anticipates "Bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR.
#END
EMU Retail Sales (YoY)
Location: European Monetary Union
Date: 04/03/2015
Time: 10:00
Strength: 2/3
Previous: 2.8%
Notes: The Retail Sales released by the Eurostat is a measure of changes in sales of the Euro zone retail sector. It shows the performance of the retail sector in the short term. Percent changes reflect the rate of changes of such sales. The changes are widely followed as an indicator of consumer spending. Usually, the positive economic growth anticipates "Bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR.
#END
UK Markit Services PMI
Location: United Kingdom
Date: 04/03/2015
Time: 09:30
Strength: 2/3
Previous: 57.2
Notes: The PMI service released by both the Chartered Institute of Purchasing & Supply and the Markit Economics is an indicator of the economic situation in the UK services sector. It captures an overview of the condition of sales and employment. It is worth noting that the UK service sector does not influence, either positively or negatively, the GDP as much as the Manufacturing PMI does. Traders want the highest possible reading as that will be taken as positive for the GBP. Any reading above 50 signals expansion, while a reading under 50 shows contraction.
#END
UK Markit Services PMI
Location: United Kingdom
Date: 04/03/2015
Time: 09:30
Strength: 2/3
Previous: 57.2
Notes: The PMI service released by both the Chartered Institute of Purchasing & Supply and the Markit Economics is an indicator of the economic situation in the UK services sector. It captures an overview of the condition of sales and employment. It is worth noting that the UK service sector does not influence, either positively or negatively, the GDP as much as the Manufacturing PMI does. Traders want the highest possible reading as that will be taken as positive for the GBP. Any reading above 50 signals expansion, while a reading under 50 shows contraction.
#END
Tuesday, March 03, 2015
CN HSBC China Services PMI
Location: China
Date: 03/03/2015
Time: 01:45
Strength: 2/3
Previous: 51.8
Notes: The HSBC China Services PMIâ ¢ is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy.
#END
CN HSBC China Services PMI
Location: China
Date: 03/03/2015
Time: 01:45
Strength: 2/3
Previous: 51.8
Notes: The HSBC China Services PMI��� is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy.
#END
JP Markit Services PMI
Location: Japan
Date: 03/03/2015
Time: 01:35
Strength: 2/3
Previous: 51.3
Notes: The Services Purchasing Managers Index (PMI) released by Markit Economics captures business conditions in the services sector. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic condition in JPY. A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish.
#END
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