Date
GMT+01:00
Event
Jul, 02 09:30
30-Year Bonds Auction
30-Year Bonds Auction
Country:
Date: Jul, 02 09:30
Importance: Low
Previous: 1.673%; 1.17
Forecast: -
Actual: -
Period: Jul
Bonds with the longest maturity.
Jul, 02 09:30
10-y Bond Auction
10-y Bond Auction
Country:
Date: Jul, 02 09:30
Importance: Low
Previous: 0.528%; 3.94
Forecast: -
Actual: -
Period: Jul
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
Jul, 02 10:00
PPI
PPI
Country:
Date: Jul, 02 10:00
Importance: Low
Previous: -2.0% m/m; -4.5% y/y
Forecast: -0.4% m/m; -4.8% y/y
Actual: -
Period: May

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

Jul, 02 10:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jul, 02 10:00
Importance: Low
Previous: 7.3%
Forecast: 7.6%
Actual: -
Period: May

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

Jul, 02 10:00
10-y Bond Auction
10-y Bond Auction
Country:
Date: Jul, 02 10:00
Importance: Low
Previous: 0.02%; 2.42
Forecast: -
Actual: -
Period: Jul
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
Jul, 02 10:00
30-y Bond Auction
30-y Bond Auction
Country:
Date: Jul, 02 10:00
Importance: Low
Previous: 0.79%; 2.16
Forecast: -
Actual: -
Period: Jul
Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence.
Jul, 02 13:30
★★★
Unemployment Rate
Unemployment Rate
Country:
Date: Jul, 02 13:30
Importance: High
Previous: 13.3%
Forecast: 12.4%
Actual: -
Period: Jun

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

Jul, 02 13:30
★★★
Non-Farm Payrolls
Non-Farm Payrolls
Country:
Date: Jul, 02 13:30
Importance: High
Previous: 2509K
Forecast: 3037K
Actual: -
Period: Jun

One of the most widely anticipated reports on the US economic calendar, the Employment Situation is a timely report that gives a picture of job creation, loss, wages and working hours in the United States. Data in the report relies on the Household Survey and the Establishment (or Payroll) Survey. While the Household Survey is based on the interviews to US households, the Establishment Survey queries business establishments, making it the preferred source of data. The Employment Situation's has many significant figures such as: Change in Non Farm Payrolls, Unemployment, Manufacturing Payrolls, and Average Hourly Earnings.

The headline figures for this report are reported monthly, as the total number of new jobs in thousands (say, 120K new jobs), and the unemployment rate.

Change in Non-farm Payrolls

Monthly change in employment excluding the farming sector. Non-farm payrolls is the most closely watched indicator in the Employment Situation, considered the most comprehensive measure of job creation in the US. Such a distinction makes the NFP figure highly significant, given the importance of labor to the US economy. Specifically, political pressures come into play, as the Fed is responsible for keeping employment in a healthy range and utilizes interest rate changes to do so. A surge in new Non-farm Payrolls suggests rising employment and potential inflation pressures, which the Fed often counters with rate increases. On the other hand, a consistent decline in Non-farm Employment suggests a slowing economy, which makes a decline in rates more likely.

Jul, 02 13:30
★★
Change in Private Payrolls
Change in Private Payrolls
Country:
Date: Jul, 02 13:30
Importance: Medium
Previous: 3094K
Forecast: 2900K
Actual: -
Period: Jun

Private Nonfarm Payrolls measures the change in the number of total payrolls in any business, excluding general government employees, private household employees, employees of nonprofit organizations that provide assistance to individuals and farm employees.

Jul, 02 13:30
★★
Change in Manufacturing Payrolls
Change in Manufacturing Payrolls
Country:
Date: Jul, 02 13:30
Importance: Medium
Previous: 225K
Forecast: 311K
Actual: -
Period: Jun

Manufacturing Payrolls in the United States is reported by the U.S. Bureau of Labor Statistics. The indicator shows employment in manufacturing sector.

Jul, 02 13:30
★★
Average Hourly Earnings
Average Hourly Earnings
Country:
Date: Jul, 02 13:30
Importance: Medium
Previous: -1.0% m/m; 6.7% y/y
Forecast: -0.8% m/m; 5.3% y/y
Actual: -
Period: Jun

An indicator of how the average level of pay is changing. The Average Hourly Earnings figure provides insight into future spending and inflation. A High Average Hourly Earnings bodes well for future consumption, as workers have more disposable income. High figures may indicate inflationary pressures due to employee's additional potential to spend. The figure is either measured in hourly or weekly averages or as a percent change from the previous month.

Jul, 02 13:30
Average Weekly Hours
Average Weekly Hours
Country:
Date: Jul, 02 13:30
Importance: Low
Previous: 34.7
Forecast: 34.5
Actual: -
Period: Jun
The Average Weekly Hours released by the US Department of Labor is an indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to when setting interest rates. Excessive volatility is expected.
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