The interest-rate announcement specifies the short-term target rate that the central bank will try to maintain in the future. Interest rates are one of the most important economic announcements on the calendar because the interest rate...
Housing announcements report on how healthy the housing sector of the economy is. Because such a large amount of the average person’s net worth is tied up in the value of her home, the...
Employment announcements report on the number of new jobs that have been created in an economy and the percentage of workers who are unemployed. The employment announcements rank right up there with interest-rate announcements...
Inflation announcements report on how quickly or slowly the general price level in the economy is rising. Monitoring inflation is important because inflation erodes buying power. Rising inflation is a sign that an economy...
This concept of a currency getting stronger when the country has trade surplus and getting weaker when it has a trade deficit is he basic premise of a currency-pricing model called the balance of payments theory....
Forex traders keep a close watch on the economic calendar because they know that economic announcements provide the data that analysts and traders use to develop their outlooks on where they believe currency values are going...
Economic growth announcements report on how well a country’s economy is doing. Economies can move in one of three directions: they can be growing, they can be stagnating, or they can be contracting. When...
Trade balance announcements report on how much a country is exporting compared to how much it is importing. Countries that export more than they import have trade surpluses, while countries that import more than...
Consumer confidence announcements report on how confident the consumers within an economy are. Confident consumers tend to spend more because they believe that the economy is going to continue to grow, and that therefore...
Business confidence announcements report on how confident the business managers within an economy are. Confident business managers tend to hire more people and invest in business expansion, new products, and more inventory. Insecure business...
