oussama94
05-28-2017, 02:37
Governments gather economic activity statistics and release reports almost every day.
The challenge is figuring out which reports may have an effect on Forex prices. Below
is a short list of the most widely followed reports. Remember that not all countries offer
every report, and it is a good idea to monitor how certain reports affect Forex prices
before trying to trade based on news and government reports.
Gross Domestic Product (GDP) – The sum of all goods and services produced
in a country by both domestic and foreign companies. Increasing GDP indicates a
growing economy.
Industrial Production – The change in production or capacity of the nation’s
factories, mines and utilities. Increasing production generally indicates a growing
economy.
Consumer Price Index (CPI) – A measure of the average price level paid by
consumers. Increasing CPI may indicate a growing economy. Changes in CPI can
also affect nominal interest rates.
Non-Farm Payrolls – The number of new jobs created by the economy during the
previous month and the percentage of workers seeking employment who remain
unemployed. Increasing employment generally indicates a growing economy.
The challenge is figuring out which reports may have an effect on Forex prices. Below
is a short list of the most widely followed reports. Remember that not all countries offer
every report, and it is a good idea to monitor how certain reports affect Forex prices
before trying to trade based on news and government reports.
Gross Domestic Product (GDP) – The sum of all goods and services produced
in a country by both domestic and foreign companies. Increasing GDP indicates a
growing economy.
Industrial Production – The change in production or capacity of the nation’s
factories, mines and utilities. Increasing production generally indicates a growing
economy.
Consumer Price Index (CPI) – A measure of the average price level paid by
consumers. Increasing CPI may indicate a growing economy. Changes in CPI can
also affect nominal interest rates.
Non-Farm Payrolls – The number of new jobs created by the economy during the
previous month and the percentage of workers seeking employment who remain
unemployed. Increasing employment generally indicates a growing economy.