Usual effect: The previous rate was 50.1, and we expect the new rate to decrease to 49.9. An amount higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️Services PMI is a leading indicator of the economy's health in the services sector - businesses react quickly to market conditions, and their purchasing managers have the most recent and relevant insight into the company's economic view.
Usual effect: The previous rate was 49.8, and we expect the new rate to decrease to 49.5. An amount higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️Manufacturing PMI is a leading indicator of the economy's health in the manufacturing sector - businesses react quickly to market conditions, and their purchasing managers have the most recent and relevant insight into the company's economic view.
Usual effect: If the tone is more hawkish than expected, it will positively affect the EUR. ▶️Lagarde has more influence on the country's currency than anyone else as the central bank head, which controls short-term interest rates. Traders observe her public speeches and often use them to provide clues about future monetary policy.
Usual effect: The previous rate was 49.3, and we expect the new rate to increase to 49.4. An amount higher than expected will positively affect the GBP. ▶️This data is released monthly. ▶️Services PMI is a leading indicator of the economy's health in the services sector - businesses react quickly to market conditions, and their purchasing managers have the most recent and relevant insight into the company's economic view.
Usual effect: The previous rate was 44.3, and we expect the new rate to increase to 44.7. An amount higher than expected will positively affect the GBP. ▶️This data is released monthly. ▶️Manufacturing PMI is a leading indicator of the economy's health in the manufacturing sector - businesses react quickly to market conditions, and their purchasing managers have the most recent and relevant insight into the company's economic view.
Usual effect: The previous rate was 48.7, and we expect the new rate to remain constant. An amount higher than expected will positively affect the EUR. ▶️This data is released monthly. ▶️Services PMI is a leading indicator of the economy's health in the services sector - businesses react quickly to market conditions, and their purchasing managers have the most recent and relevant insight into the company's economic view.
Usual effect: The previous rate was 43.4, and we expect the new rate to increase to 43.6. An amount higher than expected will positively affect the EUR. ▶️This data is released monthly. ▶️Manufacturing PMI is a leading indicator of the economy's health in the manufacturing sector - businesses react quickly to market conditions, and their purchasing managers have the most recent and relevant insight into the company's economic view.
Usual effect: If the tone is more hawkish than expected, it will positively affect the AUD. ▶️Bullock has more influence on the country's currency than anyone else as the central bank head, which controls short-term interest rates. Traders observe his public speeches and often use them to provide clues about future monetary policy.
Usual effect: The previous rate was 50.3, and we expect the new rate to decrease to 50.1. An amount higher than expected will positively affect the EUR. ▶️This data is released monthly. ▶️Services PMI is a leading indicator of the economy's health in the services sector - businesses react quickly to market conditions, and their purchasing managers have the most recent and relevant insight into the company's economic view.
Usual effect: The previous rate was 39.6, and we expect the new rate to increase to 40.1. An amount higher than expected will positively affect the EUR. ▶️This data is released monthly. ▶️Manufacturing PMI is a leading indicator of the economy's health in the manufacturing sector - businesses react quickly to market conditions, and their purchasing managers have the most recent and relevant insight into the company's economic view.