How to Trade the US ISM Services PMI: A Comprehensive Guide
The ISM Services PMI (Purchasing Managers’ Index) is an economic indicator that measures the activity level of the services sector in the United States
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Understanding the ISM Manufacturing Survey (PMI)
The ISM Manufacturing Survey (PMI) is a key economic indicator that measures the performance of the manufacturing sector in the United States
Understanding MBA Mortgage Applications
MBA mortgage applications refer to the data collected by the Mortgage Bankers Association (MBA) on a weekly basis. These applications include requests for new mortgages, as well as applications for refinancing existing mortgages
Understanding New Home Sales
New home sales refer to the process of selling newly constructed residential properties to buyers. These properties can range from single-family homes to condominiums and townhouses
Understanding Industrial Production
Industrial production is an essential economic indicator that measures the output of manufacturing, mining, and utilities sectors within a country
Understanding the Unemployment Rate
The unemployment rate measures the percentage of the labor force that is currently unemployed and actively seeking employment. It is calculated by dividing the number of unemployed individuals by the total labor force and multiplying the result by 100
Understanding the ZEW Indicator of Economic Sentiment
The ZEW Indicator is based on a monthly survey conducted by the Center for European Economic Research (ZEW) in Germany. The survey collects data from a panel of financial experts, including analysts and institutional investors, who provide their assessments of the economic situation and expectations for the future
How To Trade Forex With An Economic News Event
As you navigate the world of forex trading, understanding how to incorporate economic news events into your trading strategy is crucial. By staying informed and utilizing fundamental analysis, you can enhance your ability to identify trading opportunities and make more informed trading decisions
Understanding the Commodity Research Bureau Index (CRB Index)
The Commodity Research Bureau Index (CRB Index) is a widely recognized economic indicator that tracks the overall price movement of a basket of commodities
Understanding Initial Jobless Claims
Initial jobless claims refer to the number of individuals who have filed for unemployment benefits for the first time during a specified period