Usual effect: The previous rate was 63.8, and we expect this rate to decrease to 63.4. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️There are two versions of this data released 14 days apart – Preliminary and Revised. The Preliminary release is the earlier and thus tends to have the most impact. This index indicates financial certainty for consumer spending, which accounts for a majority of economic activity.
Usual effect: If the tone is more hawkish than expected, it will positively affect the EUR. ▶️Lagarde has more influence on the country's currency than anyone else as the central bank head, which controls short-term interest rates. Traders observe her public speeches and often use them to provide clues about future monetary policy.
Usual effect: The previous rate was 2310B, and we expect this rate to decrease to 650 B. An amount higher than expected will positively affect the currency. ▶️Borrowing and spending are positively correlated - consumers and businesses seek credit when confident about their future financial situation and not limited from using the money.
Usual effect: The previous rate was 0.2%, and we expect this rate to decrease to -0.1%. An amount higher than expected will positively affect the currency. ▶️This data is issued quarterly. ▶️This index is the broadest measure of economic activity and economic health's main measure.
Usual effect: The previous rate was 0.2%, and we expect this rate to decrease to 0.0%. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️This index is the broadest measure of economic activity and economic health's main measure.
Usual effect: If the tone is more hawkish than expected, it will positively affect the currency. ▶️This statement provides valuable insight into the Bank's view of economic conditions, inflation, and key factors that shape the monetary policy's future and influence their interest rate decisions.
Usual effect: If the speech is more hawkish than expected, it will positively affect the USD. ▶️Powell has more influence on the country's currency than anyone else as the central bank head, which controls short-term interest rates. Traders observe his public speeches and often use them to provide clues about future monetary policy.
Usual effect: If the speech is more hawkish than expected, it will positively affect the EUR. ▶️Lagarde has more influence on the country's currency than anyone else as the central bank head, which controls short-term interest rates. Traders observe her public speeches and often use them to provide clues about future monetary policy.
Usual effect: The previous rate was 217k, and we expect this rate to increase to 218k. An amount lower than expected will positively affect the currency. ▶️This data is issued weekly. ▶️Although unemployment claims are generally considered a lagging indicator, the number of unemployed people is a significant signal of the economy's general health because consumer spending is closely related to labor market conditions. Unemployment is also a concern for those who handle the country's monetary policy.
Usual effect: The previous rate was -2.5%, and we expect this rate to decrease to -2.8%. An amount higher than expected will positively affect the currency. ▶️This data is issued monthly. ▶️This statistic is consumer inflation's leading indicator. When businesses pay more for goods and services, the higher costs are usually passed to the consumer.