Usual effect: The previous rate was 0.0%, and we expect the new rate to decrease to -0.2%. An amount higher than expected will positively affect the currency. ▶️This data is issued every quarter, about 45 days after the end of the quarter. ▶️This index is the economic activity's broadest measure and the economic health's primary measure.
Usual effect: The previous rate was 3.5%, and we expect the new rate to increase to 3.8%. An amount higher than expected will positively affect the currency. ▶️This index is issued monthly. ▶️Consumer price index constitutes the majority of inflation. Inflation is essential for currency valuation because the price rise causes the central bank to increase interest rates to control inflation.
Usual effect: The previous rate was 0.3%, and we expect the new rate to decrease to 0.2%. An amount higher than expected will positively affect the currency. ▶️This index is issued monthly. ▶️This index is made up of 6 German states' data that report their CPI during the day. Preliminary and final are two versions of CPI published with a 15-day interval.
Usual effect: The previous rate was 0.2%, and we expect the new rate to increase to 0.3%. An amount higher than expected will positively affect the AUD. ▶️The retail sales report published by the Australian Bureau of Statistics is a survey of goods sold by retailers based on surveys of various types and sizes of retail stores and is considered an indicator of the Australian economy's speed, and shows the retail sector's performance in the short and mid-term. Positive economic growth predicts bullish trends for the AUD, while a low rate is negative or bearish.
Usual effect: The previous rate was 63, and we expect the new rate to remain stable. An amount higher than expected will positively affect the USD. ▶️This index is issued monthly. ▶️Consumer sentiment is a leading indicator for measuring consumer spending, which makes up a large part of economic activity.
Usual effect: The previous rate was 0.1%, and we expect the new rate to increase to 0.3%. An amount higher than expected will positively affect the USD. ▶️This index is issued monthly. ▶️This index is the inflation rate's main measure done by the Federal Reserve. Inflation is essential for currency valuation because ascending prices cause the central bank to raise interest rates to curb inflation.
Usual effect: The previous rate was 2.5%, and we expect the new rate to remain stable. An amount higher than expected will positively affect the JPY. ▶️This index is issued monthly. ▶️Consumer prices make up the majority of overall inflation. Inflation is essential for currency valuation because ascending prices cause the central bank to raise interest rates to curb inflation.
Usual effect: If the tone is more hawkish than expected, it will positively affect the AUD. ▶️Bullock 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: The previous rate was -7.1%, and we expect the new rate to increase to -1.7%. An amount higher than expected will positively affect the USD. ▶️This index is issued monthly. ▶️Changes in the number of homes pending sales are economic health's leading indicator because a home's sale creates a widespread ripple effect. For example, new owners make renovations, financing banks sell mortgages, and brokers get paid to make the transaction.
Usual effect: If the tone is more hawkish than expected, it will positively affect the USD. ▶️Federal Reserve members decide on the time and size of setting interest rates and how to execute monetary policies. That is why the more aggressive the speech, the stronger the USD.