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Wednesday, May 4, 2016

Major data to be released today (04 May 2016)






Time
Region
Economic Data
Previous
Forecast
Impact
Interpretation
05:45 P.M
US
ADP Non-Farm Payroll
200K
205K
High
If Actual comes greater than forecast it will have positive impact Dollar and will be negative for bullions and vice - versa.
06:00 P.M
US
Prelim Nonfarm Productivity q/q
-2.2%
-1.3%
Medium
If Actual comes less than forecast it will have positive impact Dollar and will be negative for bullions and vice - versa
06:00 P.M
US
Trade Balances
-47.1B
-45.6B
Medium
If Actual comes greater than forecast it will have positive impact Dollar and will be negative for bullions and vice - versa.
07:15 P.M
US
Final Service PMI
52.1
52.1
Low
If Actual comes greater than forecast it will have positive impact Dollar and will be negative for bullions and vice - versa.
07:30 P.M
US
ISM Non-Manufacturing PMI
54.5
54.9
High
If Actual comes greater than forecast it will have positive impact Dollar and will be negative for bullions and vice - versa.
07:30 P.M
US
Factory Orders m/m
-1.7%
0.7%
Medium
If Actual comes greater than forecast it will have positive impact Dollar and will be negative for bullions and vice - versa.
08:00 P.M
US
Crude Oil Inventories
2.0M
0.6M
High
If Actual comes greater than forecast it will have negative impact on crude oil prices, high inventory indicates supply exceeding demand or vice-versa.