Monday, October 29, 2012

Economic indicators

Gross Domestic Product (GDP)
GDP Deflator
Trade balance
Unemployment rate
Non-Farm Payrolls (NFP)
Average hourly earnings
Consumer price index (CPI)
Producer price index (PPI)
Employment cost index
Tan Kan, BOJ (Bank of Japan report)
Business climate index (IFO)
Humphrey-Hawkins testimony
Consumer confidence
Industrial production index
Capacity utilisation
Durable goods orders
Factory orders
Leading indicators index
Productivity
Retail sales
Confederation of British Industries (CBI)
Money supply M1, M2, M3
Atlanta Fed index
Average Workweek
Beige book
Building permits
Business Inventories
Chicago PMI (Purchasing Managers Index)
Construction spending
Consumer credit
Current account (Balance of payments)
Existing home sales
Export prices
Help-Wanted Index
Housing starts
Import prices
Jobless claims
Michigan consumer sentiment index
ISM services index
New Home Sales
Personal income
Personal Spending, Consumption
Philadelphia Fed index
Real Earnings
Redbook
Unit Labour Cost
Wholesale inventories
NAPM or PMI (National Association of Purchasing Managers Index)




Macroeconomic performance characterises economic development, indicating economic growth or decline. Based on these measures, price shift trends may be predicted. Thus, it may be said with certainty that publishing of favourable data may lead to considerable and long-term shift in exchange rates. These performance indicators include Nonfarm Payrolls, GDP, Industrial Production, CPI, PPI and a number of other marcoeconomic performance indicators.

The date and time of a specific indicator being published are known in advance. There are so-called calendars of economic indicators and major events in the functioning of some countries (noting specific dates or approximate release time). The market prepares for such events. There are expectations and forecasts on the value of a given indicator and its interpretation.

The release of data may lead to sharp exchange rate fluctuations. Depending on how market participants interpret a given indicator, an exchange rate may swing either way. This swing may either reinforce or adjust an existing trend, or even start a new one. A given outcome depends on several factors: the market situation, the economic situation of countries hosting the currencies, prior expectations and attitudes, and, finally, the value of a given indicator.

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