Economic Calendar

Time
Currency
Country
Impact
Events
Period
Actual
Forecast
Previous
02:00
NOK
Norway
Current Account
Q3
23.9 B NOK
-
30.6 B NOK
02:30
SEK
Sweden
Services PMI
November
47.9
-
49.4 R (49.5)
03:15
EUR
Spain
Services PMI
November
53.2
51.9
52.7
03:30
SEK
Sweden
Current Account
Q3
68.8 B SEK
-
37.0 B SEK
03:45
EUR
Italy
Services PMI
November
50.4
51.2
52.2
03:50
EUR
France
Final Services PMI
November
52.2
-
52.9
03:55
EUR
Germany
Final Services PMI
November
51.7
51.3
51.6
04:00
EUR
Eurozone
Final Services PMI
November
51.9
51.5
52.2
04:30
GBP
United Kingdom
Markit/CIPS Services PMI
November
49.3
48.6
48.6
07:00
USD
United States
MBA Mortgage Applications
Week ending 27.11.2019
-9.2%
-
1.5%
08:15
USD
United States
ADP Employment Change
November
67 000
140 000
125 000
09:45
USD
United States
Markit US Services PMI - final data
September
51.6
51.6
50.6
10:00
CAD
Canada
Interest Rate Decision
04.12.2019
1.75%
1.75%
1.75%
10:00
USD
United States
ISM Non-Manufacturing Composite
November
53.9
54.5
54.7
10:30
USD
United States
Crude Oil Inventories
Week ending 27.11.2019
447.1 M Barrels
-
452.0 M Barrels
19:30
AUD
Australia
Retail Sales m/m
October
0.0%
0.3%
0.2%
19:30
AUD
Australia
Trade Balance
October
4.502 B AUD
6.100 B AUD
7.180 B AUD
02:00
Current Account
NorwayNOK
Period
Q3
Actual
23.9 B NOK
Forecast
-
Previous
30.6 B NOK
The current account shows Norway's export and import of goods, salaries and returns on investments and transfers (gifts, development aid etc.). If the current account shows a surplus (positive balance) this means that Norway's revenues from trade and investments have been higher than the costs, including gifts we have given.
02:30
Services PMI
SwedenSEK
Period
November
Actual
47.9
Forecast
-
Previous
49.4 R (49.5)
Silf and Swedbank AB made the first joint – internal – calculation of the Purchasing Managers’ Index for the service sector of the four indexes (PMI) during 2005. The models for PMI Services are the US-based Non-Manufacturing Index and the Swedish PMI, which has been published since November 1994. About 200 purchasing managers in the service sector are surveyed about New orders, Business activity, Employment and Suppliers' Delivery Times. The dividing line between growth and decline has been drawn at a total index of 50.
03:15
Services PMI
SpainEUR
Period
November
Actual
53.2
Forecast
51.9
Previous
52.7
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 service sector. The PMI is the first economic indicators for each month, providing accurate evidence of changing economic conditions well ahead of comparable government statistics. 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.
03:30
Current Account
SwedenSEK
Period
Q3
Actual
68.8 B SEK
Forecast
-
Previous
37.0 B SEK
The balance of payments is a compilation of Sweden's real and financial transactions with the rest of the world, and can be divided into the current account, the capital account and the financial account. The current account balance comprises net transactions in goods and services and net income from investments and transfers. The transactions are for the most part between residents and non-residents of the economy. The transactions included comprise: goods, services, and income; those involving financial claims on and liabilities to the rest of the world; and transfers. A transaction is defined as an economic flow that reflects the creation, transformation, exchange, transfer, or extinction of economic value and involves changes in ownership, of goods or assets, the provision of services, labour or capital.
03:45
Services PMI
ItalyEUR
Period
November
Actual
50.4
Forecast
51.2
Previous
52.2
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 service sector. The PMI is the first economic indicators for each month, providing accurate evidence of changing economic conditions well ahead of comparable government statistics. 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. The survey is compiled by Markit Economics in association with ADACI (www.adaci.it).
03:50
Final Services PMI
FranceEUR
Period
November
Actual
52.2
Forecast
-
Previous
52.9
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 service 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. The survey is compiled by Markit Economics in association with CDAF (www.cdaf.asso.fr). This is the final estimate.
03:55
Final Services PMI
GermanyEUR
Period
November
Actual
51.7
Forecast
51.3
Previous
51.6
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 service 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. The survey is compiled by Markit Economics in association with BME (www.bme.de). This is the final estimate.
04:00
Final Services PMI
EurozoneEUR
Period
November
Actual
51.9
Forecast
51.5
Previous
52.2
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 service 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. The survey is compiled by Markit Economics. This is the final estimate.
04:30
Markit/CIPS Services PMI
United KingdomGBP
Period
November
Actual
49.3
Forecast
48.6
Previous
48.6
Services CIPS (The Chartered Institute of Purchasing and Supply): 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 asked about the future demand, and adjusting orders for materials accordingly. 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.
07:00
MBA Mortgage Applications
United StatesUSD
Period
Week ending 27.11.2019
Actual
-9.2%
Forecast
-
Previous
1.5%
The Weekly Mortgage Applications Survey contains 15 indices covering application activity for fixed rate, adjustable rate, conventional and government loans for home purchases and refinances. A new report is posted every Wednesday with the previous week's market activity. The weekly data dates back from 1990 through the most current week. The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry.
08:15
ADP Employment Change
United StatesUSD
Period
November
Actual
67 000
Forecast
140 000
Previous
125 000
The ADP National Employment Report is a measure of non-farm private employment, based on a subset of aggregated and anonymous payroll data that represents approximately 400 000 of ADP's 500 000 U.S. business clients and roughly 24 million employees working in all 19 of the major North American Industrial Classification (NAICS) private industrial sectors. Automatic Data Processing, Inc. (ADP) is a premier provider of payroll-related services. The report is constructed from ADP's data on payrolls following a procedure similar to that used by the Bureau of Labour Statistics (BLS) to process its monthly survey of Current Employment Statistics into the 'official' estimates of establishment employment. The ADP National Employment Report is released two days prior to the Employment Situation by the BLS. The ADP National Employment Report first launched on May 2006.
09:45
Markit US Services PMI - final data
United StatesUSD
Period
September
Actual
51.6
Forecast
51.6
Previous
50.6
The US Services PMI (Purchasing Managers’ Index) is based on original survey data collected from a representative panel of over 400 companies in the US service sector. It is a composite index based on five of the individual indexes: New Orders, Output, Employment, Suppliers’ Delivery Times, Stocks of Items Purchased. An index reading above 50 indicates an overall increase in that variable. The final US Services PMI follows on from the flash estimate and is designed to provide an accurate advance indication of the final PMI data. Data is collected and published by Markit Economics (www.markiteconomics.com).
10:00
Interest Rate Decision
CanadaCAD
Period
04.12.2019
Actual
1.75%
Forecast
1.75%
Previous
1.75%
The Bank carries out monetary policy by influencing short-term interest rates. It does this by raising and lowering the target for the overnight rate. The overnight rate is the interest rate at which major financial institutions borrow and lend one-day (or 'overnight') funds among themselves; the Bank sets a target level for that rate. Changes in the target for the overnight rate influence other interest rates, such as those for consumer loans and mortgages. The goal of Canadian monetary policy is to keep the rate of inflation, as measured by the annual rate of increase in the consumer price index, inside a target range established jointly with the government. Since 1995, the target range has been 1 to 3 per cent. In November 2000, the Bank introduced a system of eight 'fixed' dates each year on which it announces whether or not it will change the key policy rate. On the Friday before the fixed action date, the Governing Council begins its own deliberations in earnest. The Council operates on a consensus basis. The Council begins by developing a common view on the most likely future path for the economy and the underlying trend in inflation. The Council reconvenes the following Monday, and by the end of the day reaches a consensus decision on the setting of the rate. With support from a senior communications staff member, they prepare the press release that outlines the reasons behind the decision.
10:00
ISM Non-Manufacturing Composite
United StatesUSD
Period
November
Actual
53.9
Forecast
54.5
Previous
54.7
The Non-Manufacturing ISM Report On Business is based on data compiled from purchasing and supply executives nationwide. Membership of the Non-Manufacturing Business Survey Committee is diversified by NAICS, based on each industry's contribution to gross domestic product (GDP). Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (Business Activity, New Orders, Backlog of Orders, New Export Orders, Inventory Change, Inventory Sentiment, Imports, Prices, Employment and Supplier Deliveries), this report shows the percentage reporting each response, and the diffusion index.. 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. Diffusion indexes have the properties of leading indicators and are convenient summary measures showing the prevailing direction of change and the scope of change. An index reading above 50 percent indicates that the non-manufacturing economy in that index is generally expanding; below 50 percent indicates that it is generally declining. Supplier Deliveries is an exception. A Supplier Deliveries Index above 50 points indicates slower deliveries and below 50 points indicates faster deliveries. The Non-Manufacturing ISM Report On Business® is published monthly by the Institute for Supply Management, the largest supply management research and education organization in the United States.
10:30
Crude Oil Inventories
United StatesUSD
Period
Week ending 27.11.2019
Actual
447.1 M Barrels
Forecast
-
Previous
452.0 M Barrels
The Weekly Petroleum Status Report (WPSR) provides timely information on supply and prices of crude oil and principal petroleum products in the context of historical data and forecasts. Crude oil stocks include those domestic and Customs-cleared foreign crude oil stocks held at refineries, in pipelines, in lease tanks, and in transit to refineries. Does not include those held in the Strategic Petroleum Reserve (SPR). The supply data are based primarily on company submissions for the week ending 12:00 GMT the preceding Friday. Data are released electronically after 15:30 GMT each Wednesday. 1 barrel (US) = 42 gallons (US) = 159 litres.
19:30
Retail Sales m/m
AustraliaAUD
Period
October
Actual
0.0%
Forecast
0.3%
Previous
0.2%
This indicator measures the total sales of goods and services made by retail stores in Australia. Because a large portion of consumer spending is accounted for in this indicator, it gives a good look at the consumer spending situation, which will account for approximately half of GDP (Gross Domestic Product). This is the percent change from the previous month.
19:30
Trade Balance
AustraliaAUD
Period
October
Actual
4.502 B AUD
Forecast
6.100 B AUD
Previous
7.180 B AUD
This indicator represents the difference (in AUD) in value between imported and exported goods and services during the reported month; This is the largest component of a country's balance of payments. When a country's exports are greater than their imports, a Trade Surplus exists. Similarly, when imports are greater than exports, a Trade Deficit exists. Countries with a severe imbalance are not self-sufficient, either because they rely heavily on foreign markets to purchase their goods (in the case of a Surplus) or because they don't produce enough goods internally to meet demand (in the case of a Deficit).

This information is not to be interpreted as an investment advice, recommendation, or inducement to buy or sell financial instruments. Trading 212 takes no responsibility and is not to be held accountable for any use that may be made of the information provided and for any consequences that may result therefrom. No express warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Please be advised that trading CFDs involves a significant risk of loss.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Risk warning
Icons/ic_arrow_downCreated with Sketch.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.