Economic Data Indiors with explainations. Can someone help?
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Thread: Economic Data Indiors with explainations. Can someone help?

  1. #1
    It's always been on my mind that the economic information report that's reported everyday creates the major ups/downs on the market. But, there is some of the report I don't know what's the impact toward the particular currency. I've gathered some of the indiors using explainations here. Please kindly add in on what is missing in here (such as ZEW survey, exchange balance, producerimport prices... etc etc) together with the explainations of this influence to the FX. ( by way of instance, what happens if the consensus goes up/down compared with previous month). This listing would be helpful for newbie FX traders like me ( I hope I'm not the only one... )

    Here is the list I've gotBeige Book Chicago Purchasing Managers' Index (PMI) Consumer Confidence Index Consumer Price Index (CPI) Durable Goods Orders Employment Cost Index (ECI) Employment Situation Existing Home Sales Gross Domestic Product (GDP) Housing Starts and Building Permits Industrial Production and Capacity Utilization Initial Claims ISM Manufacturing Index ISM Services Index New Home Sales Personal Income and Consumtion Philadelphia Fed Producer Price Index (PPI) Retail Sales International Trade
    I've attached a pdf file in this thread for people who wants the explainations for over. And those seasoned locals/traders, please kindly post up whatever's left missing here Thank you ~
    https://www.forexforum.co.za/attachm...2125923661.pdf

  2. #2
    Do you have information about economic information indiors to share which is to explained in this thread thebird83?

  3. #3
    This one may have some products. I like this one because you'll see a Why traders caution associate that explains how investors usually interpret report results.

    http://www.nasdaq.com/econoday/calen...ily/index.html

    Regards,

  4. #4
    That is definitely the most complete information I have ever read. Unless, somebody else wants too to share more informations.... Thanks stockwet

  5. #5
    I have a new question .

    US Empire's Manufacturing Index (APR) dropped miserably to 15.8 by a previous month of 31.2 and a consensus of 24. This I could comprehend and charms dollar down.

    But Internet Foreign Securities Purchases (TICS) (FEB) had suddenly rose to 68.6B from previous in 66B and consensus of 60B.

    How do we judge what's more important on those economic indiors to fully know on the point of this economic data release, so we proceed to the wrong leadership and produces a major gap in our pocket. Thank you

  6. #6
    Quote Originally Posted by ;
    I've a new question from today.

    US Empire's Manufacturing Index (APR) dropped miserably to 15.8 by a previous month of 31.2 along with also a consensus of 24. This I could understand and spells dollar down.

    But Internet Foreign Securities Purchases (TICS) (FEB) had unexpectedly climbed to 68.6B from previous at 66B and consensus of both 60B.

    How do we judge on what's more important on those economic indiors to fully understand on the purpose of the economic data release, so we proceed into the wrong direction and produces a major gap in our pocket. Thanks
    I'm sure there's a fantastic explanation on which one has more weight and what not...

    The issue isn't limited to a great or bad impact. . .the NET effect is vital.

    With that said, there are a few mitigating factors. THE APR premiered a lot earlier, which caused a massive uptick during the period of time. There was a noticeable downtick when the TIC was released, but I wonder if the movement prior to the APR was so powerful the TIC became relevant. Consider it this way. . .with a lot of volatility moving in 1 direction, at times, the tendency is just that hard to break. . .thus, with more than one hour plus a 1/2 of USD weakness, TIC data just wasn't a powerful enough indior to move the trend in the other direction. Let's just say the entire world put on rose-colored glasses when it came to studying the TIC report AFTER the APR trend affirmation.

    That having been said, any indior has the potential to undo the thinking. . .but Dollar shorts were awaiting any chance to try 1.2300 for the last fourteen days. . .without Euro-bank intervention, this line-up played out just as one would have thought.

  7. #7
    I've no reason to see why EUR/USD can't break 1.2300 degree and in fact it'd and MIGHT possibly hit 1.2347 2005 Jan High because the top resistance on what I see it... I understand that this issue is out of the thread, but I truly hope to see some views from seasoned traders.

  8. #8
    Dont worry I'm in the exact same boat as you. . Haa. .

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