Economic Calendar Digest: 2026-08-05
Today's calendar features several US economic releases, with the ISM Non-Manufacturing Index (Services PMI) as the highest-impact event. Traders should monitor for potential volatility in USD pairs around the 14:00 UTC release.
High-Impact Events Today (★★★)
| Time (UTC) | Country | Event | Forecast | Previous | Affected Pairs |
|---|---|---|---|---|---|
| 14:00 | 🇺🇸 US | ISM Non-Manufacturing Index (Services PMI) | — | — | USD/JPY, EUR/USD, GBP/USD, Gold |
Note: Forecast and Previous values were not available in the research sources for this date.
Per-Event Educational Context
ISM Non-Manufacturing Index (Services PMI)
- What it is: A monthly survey of purchasing managers in the US services sector, covering business activity, new orders, employment, and supplier deliveries. A reading above 50 indicates expansion, below 50 indicates contraction.
- Why it matters: The services sector accounts for roughly 80% of US GDP. This index is a key gauge of economic health and can move USD pairs significantly, especially when it diverges from expectations or from the manufacturing PMI.
- Markets to watch: USD/JPY, EUR/USD, GBP/USD, Gold (XAU/USD). The US Dollar Index (DXY) is also sensitive.
- Source: Morningstar, ForexFactory
Mid-Impact Events (★★)
| Time (UTC) | Country | Event | Forecast | Previous | Affected Pairs |
|---|---|---|---|---|---|
| 11:00 | 🇺🇸 US | MBA Mortgage Applications Index (Aug 1) | — | -6.4% | USD pairs (indirect) |
Source: Morningstar
Trader's Checklist for Today
✅ Risk Management: The ISM Non-Manufacturing Index is a high-impact event. Consider reducing position sizes or using stop-losses ahead of the 14:00 UTC release. ✅ Spread Widening: Expect spreads to widen on USD pairs, particularly USD/JPY and EUR/USD, during and immediately after the release. ✅ Review Position Sizing: Ensure your trade sizes are appropriate for the expected volatility. Avoid trading through the news if you are not prepared for rapid price swings.
Compliance Footer
⚠️ Disclaimer: This page summarizes scheduled economic events for educational purposes. We do not predict market direction or recommend trades. Forecasts shown are market consensus from third-party sources. Verify all data with official central bank / statistics agency sources. Trading is risky. This is not investment advice.
Last updated: 2026-08-05 | Sources: SignalPro, Morningstar, ForexFactory, BLS, BMO Economics