Understanding Business Inventories
Business inventories represent the stock of finished goods, work-in-progress, and raw materials held by businesses. This data is collected and reported by government agencies or industry organizations
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Understanding Pending Home Sales
Pending home sales refer to the number of homes that have a signed contract but are still in the process of closing. These sales are considered a leading indicator of the housing market, providing insights into future home sales activity
Understanding the MBA Weekly Applications Survey
The MBA Weekly Applications Survey is a widely recognized economic indicator that provides insights into the mortgage market in the United States
Understanding Retail Sales
Retail sales refer to the total sales of goods and services made by retailers to the final consumers. These sales encompass a wide range of products, including clothing, electronics, groceries, furniture, and more
Understanding University of Michigan Consumer Sentiment (MCSI)
The University of Michigan Consumer Sentiment (MCSI) is a widely recognized economic indicator that measures the level of confidence and optimism consumers have regarding the state of the economy
Trade Example: How To Trade Risk On & Risk Off Sentiment In Forex
Risk on sentiment refers to a market environment where investors are more willing to take on risk and invest in higher-yielding assets. Conversely, risk off sentiment describes a market environment where investors are more cautious and seek safer assets, typically resulting in a decrease in riskier asset prices
Understanding the Richmond Fed Manufacturing Index
The Richmond Fed Manufacturing Index is a survey-based index that measures the manufacturing activity’s strength or weakness in the Fifth Federal Reserve District
Understanding Purchasing Managers Index (PMI)
The Purchasing Managers Index (PMI) is an economic indicator that provides insights into the manufacturing and services sectors of an economy
Understanding the Redbook Index in Forex Trading
By tracking the Redbook Index, traders can assess the current and future performance of the retail sector, which can have direct implications for consumer sentiment, economic growth, and monetary policy
Understanding the ZEW Financial Market Survey
The ZEW Financial Market Survey is a widely recognized economic indicator that provides valuable insights into the economic sentiment of analysts and institutional investors in Germany