Economic Calendar

Time
Currency
Country
Impact
Events
Period
Actual
Forecast
Previous
02:00
EUR
Germany
Factory Orders m/m
January
1.4%
0.7%
-2.2% R (-1.9%)
02:45
EUR
France
Current Account
January
-1.60 B EUR
-
-1.00 B EUR R (-1.20 B EUR)
02:45
EUR
France
Trade Balance
January
-4.0 B EUR
-
-3.6 B EUR R (-3.4 B EUR)
04:00
EUR
Italy
Retail Sales m/m
January
-3.0%
-
2.4% R (2.5%)
04:00
EUR
Italy
Retail Sales y/y
January
-6.8%
-
-3.2% R (-3.1%)
08:30
USD
United States
Change in Non-Farm Payrolls
February
379 000
182 000
166 000 R (49 000)
08:30
USD
United States
Unemployment Rate
February
6.2%
6.3%
6.3%
08:30
USD
United States
Average Hourly Earnings m/m
February
0.2%
0.2%
0.1% R (0.2%)
08:30
USD
United States
Average Weekly Hours
February
34.6 hours
34.9 hours
34.9 hours R (35.0 hours)
08:30
USD
United States
Trade Balance
January
-68.20 B USD
-67.50 B USD
-67.00 B USD R (-66.60 B USD)
10:00
CAD
Canada
IVEY PMI
February
60.0
-
48.4
15:00
USD
United States
Consumer Credit
January
 
12.00 B USD
9.73 B USD
02:00
Factory Orders m/m
GermanyEUR
Period
January
Actual
1.4%
Forecast
0.7%
Previous
-2.2% R (-1.9%)
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.
02:45
Current Account
FranceEUR
Period
January
Actual
-1.60 B EUR
Forecast
-
Previous
-1.00 B EUR R (-1.20 B EUR)
It measures economic transactions of an economy with the rest of the world, for a specific time period. 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.
02:45
Trade Balance
FranceEUR
Period
January
Actual
-4.0 B EUR
Forecast
-
Previous
-3.6 B EUR R (-3.4 B EUR)
It measures the difference between imports and exports data in billions of EUR. Imports of goods measures the value of goods that enter the domestic territory of a country irrespective of their final destination. Exports of goods similarly measures the value of goods which leave the domestic territory of a country, irrespective of whether they have been processed in the domestic territory or not.
04:00
Retail Sales m/m
ItalyEUR
Period
January
Actual
-3.0%
Forecast
-
Previous
2.4% R (2.5%)
The index measures monthly changes in the value of sales of major retail outlets. The value of sales is defined as the total amount billed to consumers including VAT, interest on credit sales and additional charges for delivery but excluding discounts. The total sample includes about 8 000 enterprises distributed in 16 000 sale centres in the national territory in order to guarantee that main geographical areas are represented in the sample. Large retail outlets are covered. These are department stores, chain stores and co-operatives with 20 employees and more. Hard discount stores and mini markets are included in the survey. This is the percentage change compared with the previous month.
04:00
Retail Sales y/y
ItalyEUR
Period
January
Actual
-6.8%
Forecast
-
Previous
-3.2% R (-3.1%)
The index measures monthly changes in the value of sales of major retail outlets. The value of sales is defined as the total amount billed to consumers including VAT, interest on credit sales and additional charges for delivery but excluding discounts. The total sample includes about 8 000 enterprises distributed in 16 000 sale centres in the national territory in order to guarantee that main geographical areas are represented in the sample. Large retail outlets are covered. These are department stores, chain stores and co-operatives with 20 employees and more. Hard discount stores and mini markets are included in the survey. This is the percentage change compared with the corresponding period in the previous year.
08:30
Change in Non-Farm Payrolls
United StatesUSD
Period
February
Actual
379 000
Forecast
182 000
Previous
166 000 R (49 000)
The Current Employment Statistics (CES) program, also known as the payroll survey or the establishment survey, is a monthly sample of nearly 400 000 business establishments nationwide. An establishment is an economic unit that produces goods or services, such as a factory, mine, or store. The survey series are estimates of nonfarm wage and salary jobs, not an estimate of employed persons; an individual with two jobs is counted twice by the payroll survey. The CES employment series excludes workers in agriculture and private households and the self-employed. Employment is the total number of persons employed full or part time in nonfarm establishments during a specified payroll period. Temporary employees are included. CES first preliminary estimates of employment, hours, and earnings are published each month approximately 3 weeks after the reference period. Estimates are then revised twice before being held constant until the annual benchmarking process. Second preliminary estimates for a given month are published the month following the initial release, and final sample-based estimates are published 2 months after the initial release.
08:30
Unemployment Rate
United StatesUSD
Period
February
Actual
6.2%
Forecast
6.3%
Previous
6.3%
People are classified as unemployed if they meet all of the following criteria: They had no employment during the reference week; they were available for work at that time; and they made specific efforts to find employment sometime during the 4-week period ending with the reference week. Persons laid off from a job and expecting recall need not be looking for work to be counted as unemployed. The unemployment data derived from the household survey in no way depend upon the eligibility for or receipt of unemployment insurance benefits. The civilian labour force is the sum of employed and unemployed persons. Those not classified as employed or unemployed are not in the labour force. The unemployment rate is the number unemployed as a percent of the labour force. The labour force participation rate is the labour force as a percent of the population, and the employment-population ratio is the employed as a percent of the population.
08:30
Average Hourly Earnings m/m
United StatesUSD
Period
February
Actual
0.2%
Forecast
0.2%
Previous
0.1% R (0.2%)
Average hourly earnings series, derived by dividing gross payrolls by total hours, reflect the actual earnings of workers, including premium pay. They differ from wage rates, which are the amounts stipulated for a given unit of work or time. Average hourly earnings do not represent total labour costs per hour for the employer, because they exclude retroactive payments and irregular bonuses, employee benefits, and the employer's share of payroll taxes. This is the percentage change compared with the previous month.
08:30
Average Weekly Hours
United StatesUSD
Period
February
Actual
34.6 hours
Forecast
34.9 hours
Previous
34.9 hours R (35.0 hours)
Total hours during the pay period include all hours worked (including overtime hours), hours paid for standby or reporting time, and equivalent hours for which employees received pay directly from the employer for sick leave, holidays, vacations, and other leave. The average weekly hours derived from paid total hours reflect the effects of such factors as unpaid absenteeism, labor turnover, part-time work, and strikes, as well as fluctuations in work schedules.
08:30
Trade Balance
United StatesUSD
Period
January
Actual
-68.20 B USD
Forecast
-67.50 B USD
Previous
-67.00 B USD R (-66.60 B USD)
Record of the difference between exports of goods and services and imports of goods and services. In the broad sense, this balance is conceptually equal to net exports of goods and services, which is a component of gross domestic product (GDP). Exports are compiled from Shippers' Export Declarations. Imports are compiled from the US Custom Services' Automated Commercial System (ACS). Data refer to general trade and exclude transactions with the US military stationed abroad. Exports include exports of US merchandise plus re-exports of foreign merchandise and exclude in-transit shipments and low value non-commercial shipments. Exports are valued on a f.a.s. basis (free along side). Imports include both entries for immediate consumption and entries into bonded warehouses. Reimports are included and attributed to the country of exportation. Imports are valued on a c.i.f. basis (cost, insurance, freight). Imports are reported in US dollars with an exchange rate given by the US Custom Service. The geographic area covered is the United States Customs area (includes the 50 states, the District of Columbia and Puerto Rico), the US Virgin Islands and US Foreign Trade Zones.
10:00
IVEY PMI
CanadaCAD
Period
February
Actual
60.0
Forecast
-
Previous
48.4
The Ivey PMI (Purchasing Manager's Index), sponsored by the Richard Ivey School of Business and the Purchasing Management Association of Canada, shows month to month variation in economic activity. The Ivey Purchasing Manager's Index measures changes in dollars of purchases as indicated by a panel of purchasing managers from across Canada. The 175 participants in this survey have been carefully selected geographically and by sector of activity to match the Canadian economy as a whole. The index includes both the public and private sectors. Index panel members indicate whether their organizations activity is higher than the same as, or lower than the previous month across the following five categories: purchases, employment, inventories, supplier deliveries and prices. The Ivey PMI shows responses to one question: "Were your purchases last month in dollars higher, the same, or lower than the previous month?" A figure above 50 shows an increase while below 50 shows a decrease.
15:00
Consumer Credit
United StatesUSD
Period
January
Actual
 
Forecast
12.00 B USD
Previous
9.73 B USD
It covers most short - and intermediate-term credit extended to individuals, excluding loans secured by real estate.

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