Machinery Orders

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may, 2019

21may11:50 pm11:50 pmMachinery OrdersTRADERS CAN HOLD ALL POSITIONS THROUGH THIS RELEASE11:50 pm - 11:50 pm UTC Event Type :Low Impact Time has ran out! Better luck next time!

Event Details

What is this event?

It’s a leading indicator of production – rising purchase orders signal that manufacturers will increase activity as they work to fill the orders.

Measures

Change in the total value of new private-sector purchase orders placed with manufacturers for machines, excluding ships and utilities.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for the currency.

Frequency of event

Released monthly, about 40 days after the month ends.

Source of Data

Cabinet Office (latest release)

Time

(Tuesday) 11:50 pm - 11:50 pm

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