Manage Watchlist
Watchlist Name:
Add Symbol:
 
Manage All Watchlists
Symbol 1
Close
Save to ...
New Watchlist Manage All Watchlists
Watch List 1
Close
Manage All Watchlists
Order Symbols By:
Most Recent Alphabetical
New Watchlist
Watch List 1
Close
Symbol Search
Symbol
Description
All sources
Sources
Simply start typing while on the chart to pull up this search box
Germany EUR

Germany Labour Day

Impact:
Low

Latest Release:

Date:
Actual:
 
Forecast:
Previous/Revision:  
Period:
What Does It Measure?
Germany's Labour Day, celebrated on May 1st, measures the recognition of labor rights and achievements of workers, as well as the broader economic sentiment regarding employment levels and labor relations within the country. It primarily focuses on indicators related to employment rates, productivity, and labor market conditions at a national level.
Frequency
Labour Day is an annual event, occurring once a year on May 1st, and does not follow a release schedule like economic reports; it is a celebrated public holiday.
Why Do Traders Care?
Traders monitor Labour Day as it highlights labor conditions and public sentiment, which can influence economic forecasts and consumer spending patterns. In a country with strong labor movements like Germany, positive celebrations can boost confidence in the economy, potentially affecting the euro currency and European stock markets.
What Is It Derived From?
Labour Day's significance is derived from historical labor movements aimed at securing workers' rights, with events organized by trade unions and their supporters. The day often includes speeches, demonstrations, and various activities that advocate for labor rights and highlight issues such as wage growth and job security.
Description
While Labour Day itself does not produce measurable economic data, it serves as a barometer of worker sentiment and public attitudes towards employment rights and economic conditions in Germany. Observations and discussions that take place during this event may influence future economic policies and labor regulations, although they are more qualitative in nature than quantitative.
Additional Notes
Labour Day serves as a coincident economic measure, reflecting the current state of labor relations and public sentiment about working conditions. It also alerts economists and policy-makers to broader trends in the labor market, which can tie into global economic discussions on labor rights and employment standards.
Bullish or Bearish for Currency and Stocks
Labour Day's impact on currency and stocks is generally indirect, as there are no numerical expectations or data forecasts associated with the event. However, positive public sentiment and strong labor support can be seen as bullish for the euro and European equities, reflecting confidence in the EU economy.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
May 01, 2019
 
  
May 01, 2018
 
  
May 01, 2017
 
  
May 01, 2016