
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
The US Institute for Supply Management will announce the Purchasing Managers’ Index (PMI) on April 5, at 17:00 MT. The indicator measures the diffusion index level based on the info from purchasing managers, excluding manufacturing. This is a monthly release.
PMI is a leading indicator of economic health. Businesses respond quickly to market conditions, and their purchasing managers have the most up-to-date and relevant info about the companies’ views of the economy.
This data is obtained from a survey of approximately 300 purchasing managers. The survey respondents were asked to rate the relative level of business conditions, including employment, production, new orders, prices, supplier deliveries, and inventories.
PMI provides useful information to business decision-makers, market analysts, and investors. It gives an expanded view of the services sector, so that investors have a better understanding of the business environment and valuable insights into the economic background of various markets.
The previous release on March 3 didn’t beat the expectations with 56.5 vs. 61.2. That’s why the USD boost was less than usual, only 430 points or 0.43%.
PMI usually affects all pairs associated with the US dollar. Don't forget about gold. XAUUSD could experience a sharp move down if the index beats expectations.
Check the Economic Calendar.
Instruments to trade: EURUSD, GBPUSD, XAUUSD, USDJPY.
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
We prepared an outlook of major events of this week. Check it and be ready!
Here you'll find what awaits the market this week, from the CPI release to a possible gold plunge.
Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?
XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!
Oil prices are rising while the US government is on the verge of shutting down. How will it affect the market?
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!