Usual effect: The previous rate was -7, and we expect the current rate to increase to -6. An increase higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️A number above 0 indicates an improvement in the situation, and below 0 indicates its worsening. A survey of about 55 Richmond-area manufacturers asks respondents to rate the relative level of business conditions, including shipments, new orders, and employment.
Usual effect: The previous rate was 714,000, and we expect the current rate to decrease to 699,000. An increase higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️This indicator shows economic health because the new or newly built house sales create a wide-reaching ripple effect. For example, furniture and appliances are purchased for the home, mortgages are sold by the financing bank, and brokers are paid to execute the transaction.
Usual effect: The previous rate was 106.1, and we expect the current rate to decrease to 105.5. An increase higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️This index shows financial certainty for consumer spending, which makes up most economic activities.
Usual effect: The previous rate was -1.2%, and we expect the current rate to increase to 0.2%. An increase higher than expected will positively affect the USD. ▶️This data is released monthly. ▶️This index shows the housing industry's health because the increase in housing prices attracts investors and stimulates this industry's activity.
Usual effect: The previous rate was -14.9, and we expect the current rate to increase to -10.3. An increase higher than expected will positively affect the EUR. ▶️This data is released monthly. ▶️A number above 0 indicates an improvement in the situation, and below 0 indicates its worsening. This survey is significant because of the source and large sample size. This index shows economic health. Businesses react to market conditions quickly, and changes in sentiment can be an early signal of future economic activity, such as spending, employment, and investment.
Usual effect: If the speech is hawkish, it will positively affect the EUR. ▶️Speaker: Christine Lagarde. ▶️The market will experience a lot of volatility during her speech as traders try to decipher the interest rate clues. She has more influence over the country's currency than anyone else as head of the European Central Bank, which controls short-term interest rates. Traders observe her public speeches because they often use them to provide clues about future monetary policy.
Usual effect: The previous rate was -44, and we expect the current rate to increase to -33. An increase higher than expected will positively affect the GBP. ▶️This data is released monthly. ▶️The number above 0 indicates higher sales volume, and below 0 indicates lower sales volume. This index is an indicator of consumer spending because the amount of retail and wholesale sales is directly influenced by consumer buying levels.
Usual effect: The previous rate was 85.7, and we expect the current rate to decrease to 85.1. An increase higher than expected will positively affect the EUR. ▶️This data is released monthly. ▶️This survey is significant due to its large sample size and historical correlation with Germany and the Eurozone's economic conditions. It creates a lot of volatility in the market after it is released. This index shows economic health. Businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity, such as spending, employment, and investment.
Usual effect: The JPY will be positively affected if the published report is hawkish. ▶️This data is released 8 times a year. ▶️The BOJ uses this index as one of the main tools to communicate with investors about monetary policy. The report includes their decision's outcome to purchase the asset and commentary on the economic conditions that impacted their decision. Most importantly, it forecasts the economic outlook and provides clues about the future votes' results.
Usual effect: The previous rate was -1.2%, and we expect this rate to increase to 0.5%. An increase higher than predicted will positively affect the GBP. ▶️This data is released monthly. ▶️This index is the main measure of consumer spending and makes up most of economic activities.