- 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
- Institute For Supply Management (ISM)
- 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)
Forex measures
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.
No comments:
Post a Comment