Economic Calendar

Time
Currency
Country
Impact
Events
Period
Actual
Forecast
Previous
01:00
EUR
Germany
Factory Orders m/m
May
10.4%
15.0%
-26.2% R (-25.8%)
02:00
EUR
Spain
Industrial Production y/y
May
-24.5%
-18.5%
-34.1% R (-33.6%)
03:30
EUR
Eurozone
SENTIX Investor Confidence
July
-18.2
-10.9
-24.8
04:00
EUR
Eurozone
Retail Sales m/m
May
17.8%
15.0%
-12.1% R (-11.7%)
04:00
EUR
Eurozone
Retail Sales y/y
May
-5.1%
-7.5%
-19.6%
09:00
USD
United States
ISM Non-Manufacturing Composite
June
66.0
49.0
41.0
09:30
CAD
Canada
Bank of Canada Business Outlook Survey
06.07.2020
 
-
-
17:00
NZD
New Zealand
NZIER Business Confidence
Q2
 
-
-70%
17:30
AUD
Australia
AIG Services Index
June
 
-
31.6
18:30
JPY
Japan
Household Spending y/y
May
 
-12.2%
-11.1%
18:30
AUD
Australia
Reserve Bank of Australia Rate Statement
 
-
-
23:30
AUD
Australia
Interest Rate Decision
07.07.2020
 
0.25%
0.25%
01:00
Factory Orders m/m
GermanyEUR
Period
May
Actual
10.4%
Forecast
15.0%
Previous
-26.2% R (-25.8%)
The total of orders received comprises the value (excluding turnover tax) of all orders definitely accepted by the local units in manufacturing with 50 employees and over in the respective reference month. These orders refer to products from own production or from contract processing by other firms. The monthly indices of orders received in manufacturing rank among the most important early indicators for monitoring and analysing the short-term economic development in Germany. This is the percentage change, compared with the previous month.
02:00
Industrial Production y/y
SpainEUR
Period
May
Actual
-24.5%
Forecast
-18.5%
Previous
-34.1% R (-33.6%)
The Industrial Production Index (IPI) is a situational indicator that measures the monthly development of productive activity of industrial branches, excluding construction. It therefore measures the joint development of quantity and quality, eliminating the influence of prices. To obtain this a continuous monthly survey is carried out, which investigates more than 13 200 industrial establishments every month. This is the percentage change compared with the corresponding period in the previous year.
03:30
SENTIX Investor Confidence
EurozoneEUR
Period
July
Actual
-18.2
Forecast
-10.9
Previous
-24.8
SENTIX is one of the leading surveys of investor opinion in Germany. It provides data about what investors think on markets. About 2 400 people (among them more than 510 institutional investors) will be asked about their opinion on 10 different markets. The poll includes the investors' expectations for one (short-term) and six months (medium-term). The sentix index of investor sentiment is calculated with the following formula: sentix = (no. of bulls - no. of bears) / (no. of all votes).
04:00
Retail Sales m/m
EurozoneEUR
Period
May
Actual
17.8%
Forecast
15.0%
Previous
-12.1% R (-11.7%)
The Retail Trade Turnover Indices are business cycle indicators which show the monthly activity of the retail sector in value and volume. The volume measure of the retail trade turnover index is more commonly referred to as the index of the volume of (retail) sales. They are short-term indicators for final domestic demand. This is the percentage change compared with the previous month.
04:00
Retail Sales y/y
EurozoneEUR
Period
May
Actual
-5.1%
Forecast
-7.5%
Previous
-19.6%
The Retail Trade Turnover Indices are business cycle indicators which show the monthly activity of the retail sector in value and volume. The volume measure of the retail trade turnover index is more commonly referred to as the index of the volume of (retail) sales. They are short-term indicators for final domestic demand. This is the percentage change compared with the corresponding period in the previous year.
09:00
ISM Non-Manufacturing Composite
United StatesUSD
Period
June
Actual
66.0
Forecast
49.0
Previous
41.0
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.
09:30
Bank of Canada Business Outlook Survey
CanadaCAD
Period
06.07.2020
Actual
 
Forecast
-
Previous
-
A summary of interviews conducted by the Bank's regional offices with the senior management of about 100 firms, selected in accordance with the composition of Canada's gross domestic product. The survey's purpose is to gather the perspectives of these businesses on topics of interest to the Bank of Canada (such as demand and capacity pressures) and their forward-looking views on economic activity.
17:00
NZIER Business Confidence
New ZealandNZD
Period
Q2
Actual
 
Forecast
-
Previous
-70%
The Quarterly Survey of Business Opinion samples manufacturers, builders, architects, wholesalers and retailers, and service sector firms. Information from these industries provides useful indicators of future investment patterns, and the likely direction and composition of economic growth in coming quarters. Firms are surveyed regarding both their recent experience and their expectations for the next three to six months. Results cover: General business conditions; Output, sales and orders; Costs, prices and profits; Investment levels; Staffing levels; Difficulty finding skilled and unskilled labour; Constraints on production. The survey is published by the NZ Institute of Economic Research Inc (NZIER) since 1961.
17:30
AIG Services Index
AustraliaAUD
Period
June
Actual
 
Forecast
-
Previous
31.6
The survey is provided by Australian Industry Group (AIG). AI Group's leading economists monitor the performance of Australia's manufacturing, services and construction sectors, provide economic forecasts and assessments of industry sectors, as well as a range of issue specific reports and surveys. The Australian Performance of Services Index (Australian PSI) is a seasonally adjusted national composite index based on the diffusion indexes for sales, new orders, employment, inventories and deliveries all with varying weights. An Australian PSI® reading above 50 points indicates that the service industry is generally expanding, below 50 that it is declining. The distance from 50 is indicative of the strength of the expansion or decline.
18:30
Household Spending y/y
JapanJPY
Period
May
Actual
 
Forecast
-12.2%
Previous
-11.1%
The survey unit is the household except one-person household of student in the entire area of Japan. The sample households are selected based on the three-stage stratified sampling method. The sampling units at three stages are namely, the municipality (i.e. city, town and village), the survey unit area and the household. Data are obtained in four kinds of questionnaires, namely, Household Schedule, Family Account Book, Yearly Income Schedule and Savings Schedule. Enumerators fill in the Household Schedule with the number of household members, occupation and industry of earners, type of the dwelling, etc. Households are requested to fill in the Family Account Books with daily income and expenditures. For workers' households and households of the head not working, both incomes and expenditures in cash and in kind are recorded, while for other households (except for households of the head not working) cash payment and consumption in kind only. This is the percentage change compared with the corresponding period in the previous year.
18:30
Reserve Bank of Australia Rate Statement
AustraliaAUD
Period
Actual
 
Forecast
-
Previous
-
23:30
Interest Rate Decision
AustraliaAUD
Period
07.07.2020
Actual
 
Forecast
0.25%
Previous
0.25%
Reserve Bank of Australia's monetary policy decisions are expressed in terms of a target for the cash rate, which is the overnight money market interest rate. Other interest rates in the economy are influenced by this interest rate to varying degrees, so that the behaviour of borrowers and lenders in the financial markets is affected by monetary policy (though not only by monetary policy). Monetary policy's principal medium-term objective is to control inflation. The formulation of monetary policy is the primary responsibility of the Reserve Bank Board. The Board usually meets eleven times each year, on the first Tuesday of the month except in January. The Reserve Bank Board's explanations of its monetary policy decisions are published on the Reserve Bank's website at 2.30 pm on the day of each Board meeting. Any change to the cash rate target will take effect from the following day.

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