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
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
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
The Commodity Research Bureau Index (CRB Index) is a widely recognized economic indicator that tracks the overall price movement of a basket of commodities
Initial jobless claims refer to the number of individuals who have filed for unemployment benefits for the first time during a specified period
The Ivey PMI is an economic indicator specific to Canada. It provides valuable insights into the purchasing activities of Canadian businesses, offering a snapshot of the overall health of the country’s manufacturing and non-manufacturing sectors
The Kansas City Manufacturing Survey, also known as the KC Fed Manufacturing Survey, is a monthly report published by the Federal Reserve Bank of Kansas City
The Westpac-MI Leading Index is a widely recognized economic indicator that aims to predict changes in the Australian economy. It is a collaborative effort between Westpac Banking Corporation and the Melbourne Institute of Applied Economic and Social Research
The nfib Small Business Optimism Index measures the overall optimism and outlook of small business owners regarding the economic conditions, sales expectations, hiring plans, and capital expenditures
Non-Farm Payrolls (NFP) is a key economic indicator that holds great importance in forex trading. NFP refers to the total number of paid workers in the U.S., excluding farm employees, government employees, private household employees, and employees of non-profit organizations
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Our products and commentary provides general advice that do not take into account your personal objectives, financial situation or needs. The content of this website must not be construed as personal advice.