Economic Calendar

Time
Currency
Country
Impact
Events
Period
Actual
Forecast
Previous
18:50
JPY
Japan
Capital Spending y/y
Q3
7.1%
-
1.9%
19:30
AUD
Australia
Building Approvals m/m
October
-8.1%
-
7.6%
19:30
JPY
Japan
Manufacturing PMI
October
48.9
-
48.6
20:45
CNY
China
Manufacturing PMI
October
51.8
51.4
51.7
18:50
Capital Spending y/y
JapanJPY
Period
Q3
Actual
7.1%
Forecast
-
Previous
1.9%
The capital spending figure represents the change in the total value of new capital expenditures made by businesses. Overall, capital spending serves as an important indicator of growth and plays large part in GDP. This means that as capital spending increases it signals a corporate expansion and leads to future growth in the Japanese economy. The headline figure is the percentage change from the corresponding quarter of the previous year.
19:30
Building Approvals m/m
AustraliaAUD
Period
October
Actual
-8.1%
Forecast
-
Previous
7.6%
This indicator shows the number of permits for new construction projects. It implies the movement of corporate investments (the Australian economic development). Building construction is important because it produces an additional economic activity - jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder. A high reading is positive for the AUD. This is the percent change from the previous month.
19:30
Manufacturing PMI
JapanJPY
Period
October
Actual
48.9
Forecast
-
Previous
48.6
The Nomura/JMMA Japan Purchasing Managers Index (PMI) is compiled by Markit Economics in association with Nomura (www.nomura.co.jp) and JMMA - Japan Materials Management Association ( www.jmma.gr.jp). Purchasing Managers' Index (PMI) is based on monthly questionnaire surveys of carefully selected companies which provide an advance indication of what is really happening in the private sector economy by tracking changes in variables such as output, new orders, stock levels, employment and prices across the manufacturing sector. The index is presented as an index with a value between 1-100. Values above 50 indicate that the economic outlook is positive. Alternately, readings below 50 mean future outlook is less favourable.
20:45
Manufacturing PMI
ChinaCNY
Period
October
Actual
51.8
Forecast
51.4
Previous
51.7
China Manufacturing Purchasing Managers’ Index (PMI) provides an early indication of the economic activities in the Chinese manufacturing sector on a monthly basis. It is jointly published by China Federation of Logistics & Purchasing (CFLP) and the National Bureau of Statistics (NBS), and is based on questionnaires sent to 3,000 manufacturing enterprises all over China. The PMI is a composite index based on the seasonally adjusted diffusion indexes for five indicators: New Orders, Output, Employment, Suppliers’ Delivery Time and Stocks of Major Inputs. A PMI reading above 50 indicates an overall expansion in the manufacturing sector.

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