FX.co ★ Traders economic calendar. International economic events

Foreign trade statistics include imports, imports with waiver and exports. Import figures include all direct imports to the country for domestic consumption also goods entering the customs area for temporary admission transit transhipment or to be stored in a bonded warehouse and then offered to the domestic market after modification of their import status Exports include goods produced domestically. Foreign trade statistics exclude export and import data obtained from duty-free zones and duty-free shops. A higher than expected reading should be taken as positive/bullish for the TRY , while a lower than expected reading should be taken as negative/bearish for the TRY.

The Manufacturing Purchasing Managers Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company's performance, which can be a leading indicator of overall economic performance. A higher than expected reading should be taken as positive/bullish for the SGD , while a lower than expected reading should be taken as negative/bearish for the SGD.