Major Economic Releases in the Forex Market
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MAJOR ECONOMIC RELEASES
FOR THE FOREX MARKET
CHECK YOUR ECONOMIC CALENDAR
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GROSS DOMESTIC PRODUCT (GDP)• GDP IS THE MARKET
VALUE OF ALL RECOGNIZED FINAL GOODS AND SERVICES PRODUCED BY COUNTRY IN A CALENDAR YEAR.
By: Richard at online-affiliate-programs.com
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UNEMPLOYMENT CLAIMS
EXTREMELY IMPORTANT FOR A COUNTRY’S GROWTH & CURRENCY. IN THE US ITS KNOWN AS NFP (NONFARM PAYROLLS).
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INDUSTRIAL PRODUCTION• IT MEASURES THE OUTPUT OF A
COUNTRY’S INDUSTRY. IT INCLUDES SECTORS SUCH AS MINING & MANUFACTURING THAT ARE EASILY AFFECTED BY CONSUMER DEMAND AND INTEREST RATES.
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CONSUMER PRICE INDEX
• CPI MEASURES CHANGES IN THE PRICES FOR GOODS AND SERVICES PURCHASED BY HOUSEHOLDS
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TRADE BALANCE• THE RELATION
BETWEEN A NATION’S IMPORTS & EXPORTS. POSITIVE BALANCE IS KNOWN AS TRADE SURPLUS AND NEGATIVE AS TRADE DEFICIT
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CURRENT ACCOUNT• SIMPLY THE DIFFERENCE
BETWEEN A COUNTRY’S SAVINGS AND EXPENDITURES. ITS ONE OF THE MOST IMPORTANT ECONOMIC INDICATORS.
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RETAIL SALES• MEASURES THE NUMBER OF
SALES FOR RETAIL GOODS OVER A SPECIFIC PERIOD OF TIME . IT INCLUDES BOTH FIXED POINT-OF-SALE AND NON-STORE BUSINESSES
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FACTORY ORDERS
• IT MEASURES DOLLAR VOLUME OF DURABLE AND NON-DURABLE GOODS REPORTED BY DOMESTIC MANUFACTURERS.
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THANK YOU!
WE HOPE YOU ENJOYED THE PRESENTATION
BY: RICHARD AT ONLINE-AFFILIATE-PROGRAMS.COM