Checklist of Economic Data which may influence the market

Here is the checklist of economic data which may impact the commodity market. Today is the last day trading session of the week so just be cautious and trade within levels.

Economic data

EUR: French Flash Services PMI at 1:45pm

Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry

Released monthly, around 3 weeks into the current month

Next Release Date Jan 24, 2023

Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact

It’s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy

Forecast- [49.1]
Previous- [49.3]
Actual- ?

Impact- The forecast figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure is to release at 1:45pm


EUR: French Flash Manufacturing PMI at 1:45pm

Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry

Released monthly, around 3 weeks into the current month

Next Release Date Jan 24, 2023

Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact

It’s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy

Forecast- [48.1]
Previous- [48.3]
Actual- ?

Impact- The forecast figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure is to release at 1:45pm


EUR: German Flash Manufacturing PMI at 2:00pm

Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry

Released monthly, around 3 weeks into the current month

Next Release Date Jan 24, 2023

Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact

It’s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy

Forecast- [46.3]
Previous- [46.2]
Actual- ?

Impact- The forecast figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure is to release at 2:00pm


EUR: German Flash Services PMI at 2:00pm

Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry

Released monthly, around 3 weeks into the current month

Next Release Date Jan 24, 2023

Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact

It’s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy

Forecast- [46.4]
Previous- [46.1]
Actual- ?

Impact- The forecast figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure is to release at 2:00pm


USD: Flash Services PMI at 8:15pm

Measures: Level of a diffusion index based on surveyed purchasing managers in the services industry

Released monthly, around 3 weeks into the current month

Next Release Date Jan 24, 2023

Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact

It’s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy

Forecast- [46.5]
Previous- [46.2]
Actual- ?

Impact- The forecast figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure is to release at 8:15pm


USD: Flash Manufacturing PMI 8:15pm

Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry

Released monthly, around 3 weeks into the current month

Next Release Date Jan 24, 2023

Above 50.0 indicates industry expansion, below indicates contraction. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release, which the source first reported in Mar 2008, is the earliest and thus tends to have the most impact

It’s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy

Forecast- [47.7]
Previous- [47.7]
Actual- ?

Impact- The forecast figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure is to release at 8:15pm

Source: Forex factory

For more economic data stay tuned with us!!

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