Forex News – Five Economic News Releases to Keep an Eye On
Economic news is a valuable source of information for investors. It provides information about economic indicators, such as consumer spending, inflation, unemployment, interest rates, and the Federal Reserve. By analyzing these reports, investors can make informed decisions. The following are five economic news releases to keep an eye on. They provide an overview of the economic climate, and can help investors decide how to invest their money. Read on for more information. This article outlines some of the most important economic news releases of the day.
Leading economists typically agree on the level of importance given to a particular economic announcement. Changes in GDP, non-farm payrolls, and inflation can all have an impact on market sentiment. While low unemployment is a good indicator of a strong economy, low interest rates can lead to currency weakness compared to other world currencies. Despite these concerns, investors should continue to monitor economic news and data released by leading companies. While economic news can be overwhelming and confusing, it is critical to follow all economic reports closely.
Currency trading is highly dependent on the release of economic news. Economic news releases affect the value of currencies around the world, especially in the forex market. Currency traders must be aware of when these releases are expected, which ones are the most important, and how to trade according to the prevailing market sentiment. They should stay on top of economic news releases to make informed trading decisions. If you do not, you’re missing out on valuable opportunities. And the best way to stay on top of economic news is to follow these four tips and keep an eye on them.
The most common way to trade news is by searching for a consolidation period before a big number is released. Traders then trade the breakout after the number has been released. Traders can trade news on a short term basis or multiple days. One recent example is the Euro holding its breath as investors digest the October release. While this trading strategy is relatively risky, it can be lucrative in the long run. Traders can even make huge profits trading the economic news.
Traders should also monitor seasonality. The prices of many commodities rise and fall with the seasons. These effects will most likely affect agricultural and energy commodities, but not precious metals. A chart of the key commodity and resource currencies is a helpful forex news trading signal. In addition to seasonality, economic news can impact a currency’s price. Traders should be aware of the economic news release schedule before investing. By following these rules, they can ensure that they are making money even in the face of volatile markets.
Economists can also monitor monetary policy. Various countries may use different names for the same data. Interest rate decisions will likely be bullish for the U.S. Dollar. However, interest rate decisions will likely be bearish for the USD/JPY pair. Another important source of economic news is the nonfarm payrolls report, which measures the number of new jobs in the corporate sector in the U.S. The nonfarm payrolls report is an important leading indicator of the employment situation in the U.S.
Despite the heightened volatility, European equities finished mostly in green on Tuesday, as investors awaited the Fed’s monetary policy announcement. Analysts expect the Fed to increase rates 75 basis points, and after this, the markets are anticipating earnings results in the second half. Credit Suisse Aktiengesellschaft and Adidas Aktiengesellschaft cut their outlooks, while Visa and MasterCard rose even after weaker-than-expected trading results. Other economic news released this week includes a weaker than-expected advance goods trade deficit and wholesale inventories.
The United States will release its preliminary durable goods orders report on Thursday, which shows the rise in demand for manufactured goods. The report was revised lower from the previous week, but it remains above market expectations. The U.S. import and export prices have increased 10.7 percent and 18.2 percent over the past year, respectively. The figures are encouraging and provide a good foundation for a more positive outlook. So, what are the next economic news releases?
The Federal Reserve’s policymakers unanimously agreed to raise interest rates again this month, but this time by a half percentage point. The Federal Reserve’s decision to raise rates is likely to boost economic activity, but experts say the pace of home price growth will remain moderate for the next year. Meanwhile, Barclays, a bank based in the U.K., will give its 35,000 U.K. employees a $1460 pay raise. In other news, Celsius Network has frozen withdrawals. This news has triggered a frenzy among digital-asset companies.