Factors affecting Forex Markets
There are many important news and announcements made worldwide which can impact the Forex market. These are also referred to as the Major Indicators. So which ones are they? Here below are the most important ones :
APICS Survey – Composite diffusion index of national manufacturing conditions. Detailed insight into the manufacturing sector.
Business Inventories – Dollar amount of inventories held by manufacturers, wholesalers and retailers
Chain Stores Sales – Monthly sales volumes from department, chain, discount and apparel stores. stores” in case of company mergers
Construction Spending – Dollar value of the new construction activity on residential, non-residential and public projects.
Consumer Confidence – Survey of consumer attitudes concerning both the present situation as well as expectations regarding economic conditions conducted by The Conference Board.
Consumer Price Index (CPI) – Measure of the average price level of a fixed basket of goods and services purchased by consumers.
Current account – Measure of the country’s international trade balance in goods, services and unilateral transfers.
Durable goods order – The durable goods orders reflect the new orders placed with domestic manufacturers for immediate and future delivery of factory hardwoods.
Existing home sales – Number of previously constructed homes with a closed sale during the month.
Factory orders – Dollar level of new orders for manufacturing durable goods and nondurable goods.
Gross Domestic Product (GDP) – The sum of all goods and services produced either by domestic or foreign companies.
Housing starts – Housing starts measure the number of residential units on which construction is begun each month.
IFO Business Climate in industry and trade – The IFO Business Climate Index is a widely early indicator for economic development in Germany.
Import and export prices – The prices of goods that are brought in the United States but produced abroad and the prices of goods sold abroad but produced domestically.
Industrial production and capacity utilization – The Index of Industrial Production is a chain-weight measure of the physical output of the nation’s factories, mines and utilities.
International Trade – Measures the difference between imports and exports of both tangible goods and services.
Institute for Supply Management (ISM) – Formerly known as the NAPM it is a composite diffusion index of national manufacturing conditions.
Jobless Claims – A weekly compilation of the number of individuals who filed for unemployment insurance for the first time.
Leading Indicators – A composite index of ten economic indicators that typically lead overall economic activity.
Money supply – The monetary aggregates are alternative measures of the money supply by degree of liquidity.
New home sales – The number of newly constructed homes with a committed sale during the month.
Non farm Payroll – The employment situation is a set of labor market indicators. It is personally seen to be a very important metric and catalyst for changes in the Forex market
Personal Income – Personal income is the dollar value of income received from all sources by individuals.
Philadelphia Fed Survey – A composite diffusion index of manufacturing conditions within the Philadelphia Federal Reserve district.
Producer Price Index (PPI) – PPI is a measure of the average price level for a fixed basket of capital and consumer goods paid by producers.
Retail Sales – Retail sales measure the total receipts at stores that sell durable and nondurable goods.
Retail Prices Index (RPI) - The RPI is the UK’s principal measure of consumer price inflation.
Trade Balance - The balance of trade is a statement of a country’s trade in goods (merchandise) and services.
Unemployment rate - Percentage of employable people actively seeking work, out of the total number of employable people determined in a monthly survey by the Bureau of Labor Statistics.