What are the important economic data that may have an impact on the market (1)
- 2023/2/26 15:17:33
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The following content mainly from the U. cashback forex. economy to explain the various important forextradingmarket data forextradingtime the way to influence the market, other currency countries mainly explain the often extraordinarily influential data 1, the United States and most countries important data macroeconomic data gross domestic product (GDP) U.S. gross domestic product (GDP) forex trading session times the value of total U.S. output measured according to market prices, it is the value of all U.S. economic It is the total value of all economic activity in the United States, regardless of whether the owner of the output is a U.S. resident or a U.S. company. For example, the value created by a Japanese company investing in a factory in the United States would also be included in the U.S. GDP. Generally speaking, the first initial value is more likely to cause market volatility, while the revision and confirmation of the final value are generally not significant, or even if there is any change is more likely to be expected by the market Leading Index Leading Index is a comprehensive indicator to measure the overall economic movement of the United States, Leading Index is mainly a judgment of the economic growth prospects for the next period, usually the next 6-9 months, sustained growth can play the same effect as the acceleration of GDP growth, is an important basis for investors to the current state of economic growth, prospects, interest rate The leading index is published once a month, generally we will be the leading index for 2-3 consecutive months of decline as a recession warning signal, 2-3 months of continuous rise as a signal of economic recovery or accelerated growth signal, the accuracy of the indicator can basically reach 75% when the leading index of the economy to send a signal to turn, it is easy to cause the foreign exchange market obvious reaction to the inflation category The Producer Price Index, abbreviated PPI, is an index that measures the price of goods sold by manufacturers and farmers to goods, and is an immediate indicator of whether inflation has changed in the U.S. It is very responsive to inflation. The producer price index and the next data, the consumer price index, are both important reference data for the Feds interest rate policy. The CPI, abbreviated as CPI, is a composite measure of a fixed basket of consumer prices and an immediate indicator of whether inflation has changed. The CPI also requires the publication of a core CPI that excludes food and energy prices. The CPI has a relatively greater impact than the PPI because changes in the CPI have a more direct impact on consumer spending, which accounts for more than 70% of U.S. GDP and has a very large impact on the overall growth of the U.S. economy. The employment market data non-farm payrolls report includes a series of employment-related data, the most important of which is the U.S. non-farm payrolls population growth and unemployment rate data employment report is traditionally known as the foreign exchange market can respond to all the economic indicators of the "crown jewel", year-round are The reason why the employment report is called the "crown jewel" at the beginning of each month is that if the U.S. economy undergoes major changes, the earliest response is often issued by the job market, the economic recovery is to start with the job market recovery, the economic recession is also to start with the downturn in the job market, whether the economy is out of the recovery phase At the same time, the employment report is an important economic data initially published every month, and other economic indicators for the next month have corresponding reference significance monthly changes in non-farm payroll growth, as agricultural production and its corresponding employment situation has obvious seasonal characteristics, so the non-farm payroll changes are particularly important to check out the agricultural employment population, it can It can clearly reflect the demand for manpower in industrial countries like the U.S., which further reflects the activity of the manufacturing industry. The rise in the number of non-agricultural employment implies an increase in wage spending and an expansion of purchasing power, and new consumer demand will stimulate economic growth, which is very favorable to the trend of the dollar. The unemployment rate is the second most important economic data in the non-farm payrolls report, but the impact of the unemployment rate is relatively weak. When the number of initial jobless claims for a week is below 400,000, it indicates that the job market is in a healthy state. The weekly change in the number of initial jobless claims is more timely than the non-farm payrolls report, and the change in the number of initial jobless claims for the most recent month can have a certain predictive effect on the non-farm payrolls report to be released next month.