{"id":1226,"date":"2022-05-02T05:05:52","date_gmt":"2022-05-02T03:05:52","guid":{"rendered":"https:\/\/www.onlinetradingplatforms.co.uk\/?page_id=1226"},"modified":"2024-02-07T16:52:25","modified_gmt":"2024-02-07T14:52:25","slug":"economic-indicators","status":"publish","type":"page","link":"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/","title":{"rendered":"Forex Economic Indicators"},"content":{"rendered":"

Forex economic indicators<\/strong>\u00a0are basically pieces of economic or financial data that are released regularly by government agencies and relevant bodies that reflect the health of the economy in general.<\/p>\n

Because this data is used by market observers to examine the economy\u2019s pulse, it is hardly surprising that everyone in the\u00a0financial markets<\/strong>\u00a0religiously follow the release of these economic indicators.<\/p>\n

Due the fact that almost everyone in the financial markets are reacting to the same information and drawing the same conclusions, these economic indicators have the ability to generate momentum in financial markets and move prices.<\/p>\n

List of the Best Forex trading platforms<\/h2>\n
\r\n\r\n
\r\n
\r\n
\r\n
\r\n \"Vantage <\/div>\r\n
\r\n

Vantage Fx<\/h2>\r\n
\r\n <\/i> 4.6\r\n <\/div>\r\n <\/div>\r\n
\r\n Demo account<\/span>\r\n <\/i>Yes<\/span>\r\n <\/div>\r\n
\r\n Minimum deposit<\/span>\r\n \u00a3 150<\/span>\r\n <\/div>\r\n
\r\n Minimum deposit: \u00a3 150\r\n <\/div>\r\n
\r\n \r\n Review<\/span>\r\n <\/a>\r\n <\/div>\r\n
\r\n \r\n Open account<\/span>\r\n <\/a>\r\n <\/div>\r\n
<\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n\r\n\r\n
\r\n
\r\n
\r\n
\r\n \"Skilling\" <\/div>\r\n
\r\n

Skilling<\/h2>\r\n
\r\n <\/i> 4.2\r\n <\/div>\r\n <\/div>\r\n
\r\n Demo account<\/span>\r\n <\/i>Yes<\/span>\r\n <\/div>\r\n
\r\n Minimum deposit<\/span>\r\n \u00a3 180<\/span>\r\n <\/div>\r\n
\r\n Minimum Deposit: \u00a3 180\r\n <\/div>\r\n
\r\n \r\n Review<\/span>\r\n <\/a>\r\n <\/div>\r\n
\r\n \r\n Open account<\/span>\r\n <\/a>\r\n <\/div>\r\n
<\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n\r\n
\r\n
\r\n
\r\n
\r\n \"Blackbull <\/div>\r\n
\r\n

Blackbull Markets<\/h2>\r\n
\r\n <\/i> 4.5\r\n <\/div>\r\n <\/div>\r\n
\r\n Demo account<\/span>\r\n <\/i>Yes<\/span>\r\n <\/div>\r\n
\r\n Minimum deposit<\/span>\r\n \u00a3 150<\/span>\r\n <\/div>\r\n
\r\n Minimum Deposit: \u00a3 150\r\n <\/div>\r\n
\r\n \r\n Review<\/span>\r\n <\/a>\r\n <\/div>\r\n
\r\n \r\n Open account<\/span>\r\n <\/a>\r\n <\/div>\r\n
<\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n\r\n\r\n
\r\n
\r\n
\r\n
\r\n \"avatrade\" <\/div>\r\n
\r\n

Avatrade<\/h2>\r\n
\r\n <\/i> 4.5\r\n <\/div>\r\n <\/div>\r\n
\r\n Demo account<\/span>\r\n <\/i>Yes<\/span>\r\n <\/div>\r\n
\r\n Minimum deposit<\/span>\r\n \u00a3 150<\/span>\r\n <\/div>\r\n
\r\n Minimum Deposit: \u00a3 150\r\n <\/div>\r\n
\r\n \r\n Review<\/span>\r\n <\/a>\r\n <\/div>\r\n
\r\n \r\n Open account<\/span>\r\n <\/a>\r\n <\/div>\r\n
<\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n\r\n
\r\n
\r\n
\r\n
\r\n \"hycm <\/div>\r\n
\r\n

HYCM<\/h2>\r\n
\r\n <\/i> 5\r\n <\/div>\r\n <\/div>\r\n
\r\n Demo account<\/span>\r\n <\/i>Yes<\/span>\r\n <\/div>\r\n
\r\n Minimum deposit<\/span>\r\n \u00a3 150<\/span>\r\n <\/div>\r\n
\r\n Minimum deposit: \u00a3 150\r\n <\/div>\r\n
\r\n \r\n Review<\/span>\r\n <\/a>\r\n <\/div>\r\n
\r\n \r\n Open account<\/span>\r\n <\/a>\r\n <\/div>\r\n
<\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n\r\n
\r\n
\r\n
\r\n
\r\n \"Easy <\/div>\r\n
\r\n

Easy Markets<\/h2>\r\n
\r\n <\/i> 4.5\r\n <\/div>\r\n <\/div>\r\n
\r\n Demo account<\/span>\r\n <\/i>Yes<\/span>\r\n <\/div>\r\n
\r\n Minimum deposit<\/span>\r\n \u00a3 150<\/span>\r\n <\/div>\r\n
\r\n Minimum deposit: \u00a3 150\r\n <\/div>\r\n
\r\n \r\n Review<\/span>\r\n <\/a>\r\n <\/div>\r\n
\r\n \r\n Open account<\/span>\r\n <\/a>\r\n <\/div>\r\n
<\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n\r\n<\/div>\n

Although these economic data may seem extremely complicated to digest without advanced financial training, the fact is traders only need to know\u00a0a few basic guidelines<\/strong>\u00a0in order to comprehend the effects these data might have on the financial markets.<\/p>\n

The Economic Calendar<\/strong><\/h2>\n

Foremost of all, all traders must be fully aware when these\u00a0economic indicators<\/strong>\u00a0are going to be released. The calendars of these economic indicators can be found at Federal Reserve Bank website at:\u00a0http:\/\/www.ny.frb.org\/.<\/p>\n

Knowing when exactly these indicators will be release will assist a trader in considering trades during these times. It will also help explain why some prices move unexpectedly during those times when these indicators are released.<\/p>\n

Implications of Economic Data
\n<\/strong><\/h2>\n

It is unnecessary for a trader to understand every bit of every data releases. A trader only needs to be able to\u00a0grasp the general concept<\/strong>\u00a0of what each indicator would mean in order to understand their implications.<\/p>\n

For example, a trader will need to know what Gross Domestic Product (GDP) measure and what it means when it falls or rises. They will also need to know what the Consumer Price Index (CPI) means with regards to the health of the economy.<\/p>\n

However it should be borne in mind that not all economic indicators carry the same weight in importance. In times of problematic economic growth, GDP figures are\u00a0more relevant to the financial market\u00a0<\/strong>than data relating to inflations. Thus traders have to be aware when each of these indicators are relevant during the current period of time.<\/p>\n

Watching Out For the Unexpected<\/strong><\/h2>\n

In most cases, the importance of the data itself is overshadowed by the expectations of the market. Unless a report is wildly different and totally unexpected to what the economists and financial market experts expect, the market is generally going to reacts calmly to the release of these data.<\/p>\n

Thus one can only expect market volatility and\u00a0potentially profitable trading<\/strong>\u00a0when the news falls outside market expectations.<\/p>\n

The Major Economic Indicators<\/strong><\/h2>\n

Some of the major indicators that a trader need to watch out for includes the following listed below:<\/p>\n

The country\u2019s Gross Domestic Product \u2013 GDP<\/strong><\/h2>\n

The GDP of a country is the aggregate of all its goods and services produced. It shows the rate which a country is growing or decreasing. It is considered as one of the broadest indicator of a country\u2019s output and growth.<\/p>\n

Industrial Production<\/strong><\/h2>\n

This indicator shows the change in the country\u2019s industrial capacity and how it is being utilized. Because one quarter of the iqoptions.co.za<\/a> of countries relies on the manufacturing sector, this indicator plays an important part in giving an overall picture of the health of these economies.<\/p>\n

Thus, indices like \u201cIndustrial production and Capacity utilization index<\/strong>\u201d and \u201cPurchasing managers index<\/strong>\u201d are crucial in helping form an overall picture of the industrial sector.<\/p>\n

The producer Price index \u2013 PPI<\/strong><\/h2>\n

This index measures the changes in prices paid by producers in the agriculture, utility, manufacturing and mining sector. It denotes the cost of input for production.<\/p>\n

The Consumer Price Index \u2013 CPI<\/strong><\/h2>\n

This index measures the average price of a basket of goods that an average household uses. The index is usually used to represent the\u00a0inflation rate of a country<\/strong>. The higher the inflation rate, the lower the purchasing power of the consumers and vice versa.<\/p>\n

The Unemployment Rates<\/strong><\/h2>\n

This indicator measures the change in the number of jobless individuals in the total labor force of the country. A higher unemployment rate will\u00a0indicate a weaker economy<\/strong>\u00a0while a lower rate will indicate the economy is more robust.<\/p>\n

Retail Sales<\/strong><\/h2>\n

This indicator shows the total revenue of retail stores from the retail sector in the country. The significance of this indicator is that it represents the most up to date figures on expenditures by consumers.<\/p>\n

Housing Statistics<\/strong><\/h2>\n

This indicator measures the number of residential and commercial units that are being constructed. Because the construction sector is one of the first sector to be affected by changes in the interest rates, it can be used to tell whether\u00a0interest rates are peaking or at the trough<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Forex economic indicators\u00a0are basically pieces of economic or financial data that are released regularly by government agencies and relevant bodies that reflect the health of the economy in general. Because this data is used by market observers to examine the economy\u2019s pulse, it is hardly surprising that everyone in the\u00a0financial markets\u00a0religiously follow the release of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1187,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/sidebar-right.php","meta":{"footnotes":""},"yoast_head":"\nForex Economic Indicators - Online trading platforms<\/title>\n<meta name=\"description\" content=\"Forex economic indicators\u00a0are basically pieces of economic or financial data that are released regularly by government agencies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forex Economic Indicators - Online trading platforms\" \/>\n<meta property=\"og:description\" content=\"Forex economic indicators\u00a0are basically pieces of economic or financial data that are released regularly by government agencies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/\" \/>\n<meta property=\"og:site_name\" content=\"Online trading platforms\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-07T14:52:25+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/\",\"url\":\"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/\",\"name\":\"Forex Economic Indicators - Online trading platforms\",\"isPartOf\":{\"@id\":\"https:\/\/www.onlinetradingplatforms.co.uk\/#website\"},\"datePublished\":\"2022-05-02T03:05:52+00:00\",\"dateModified\":\"2024-02-07T14:52:25+00:00\",\"description\":\"Forex economic indicators\u00a0are basically pieces of economic or financial data that are released regularly by government agencies.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"online trading platforms\",\"item\":\"https:\/\/www.onlinetradingplatforms.co.uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Forex trading\",\"item\":\"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Forex Economic Indicators\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.onlinetradingplatforms.co.uk\/#website\",\"url\":\"https:\/\/www.onlinetradingplatforms.co.uk\/\",\"name\":\"Online trading platforms\",\"description\":\"online trading platforms in UK\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.onlinetradingplatforms.co.uk\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Forex Economic Indicators - Online trading platforms","description":"Forex economic indicators\u00a0are basically pieces of economic or financial data that are released regularly by government agencies.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/","og_locale":"en_US","og_type":"article","og_title":"Forex Economic Indicators - Online trading platforms","og_description":"Forex economic indicators\u00a0are basically pieces of economic or financial data that are released regularly by government agencies.","og_url":"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/","og_site_name":"Online trading platforms","article_modified_time":"2024-02-07T14:52:25+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/","url":"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/","name":"Forex Economic Indicators - Online trading platforms","isPartOf":{"@id":"https:\/\/www.onlinetradingplatforms.co.uk\/#website"},"datePublished":"2022-05-02T03:05:52+00:00","dateModified":"2024-02-07T14:52:25+00:00","description":"Forex economic indicators\u00a0are basically pieces of economic or financial data that are released regularly by government agencies.","breadcrumb":{"@id":"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/economic-indicators\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"online trading platforms","item":"https:\/\/www.onlinetradingplatforms.co.uk\/"},{"@type":"ListItem","position":2,"name":"Forex trading","item":"https:\/\/www.onlinetradingplatforms.co.uk\/forex-trading\/"},{"@type":"ListItem","position":3,"name":"Forex Economic Indicators"}]},{"@type":"WebSite","@id":"https:\/\/www.onlinetradingplatforms.co.uk\/#website","url":"https:\/\/www.onlinetradingplatforms.co.uk\/","name":"Online trading platforms","description":"online trading platforms in UK","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.onlinetradingplatforms.co.uk\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.onlinetradingplatforms.co.uk\/wp-json\/wp\/v2\/pages\/1226"}],"collection":[{"href":"https:\/\/www.onlinetradingplatforms.co.uk\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.onlinetradingplatforms.co.uk\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.onlinetradingplatforms.co.uk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.onlinetradingplatforms.co.uk\/wp-json\/wp\/v2\/comments?post=1226"}],"version-history":[{"count":4,"href":"https:\/\/www.onlinetradingplatforms.co.uk\/wp-json\/wp\/v2\/pages\/1226\/revisions"}],"predecessor-version":[{"id":1380,"href":"https:\/\/www.onlinetradingplatforms.co.uk\/wp-json\/wp\/v2\/pages\/1226\/revisions\/1380"}],"up":[{"embeddable":true,"href":"https:\/\/www.onlinetradingplatforms.co.uk\/wp-json\/wp\/v2\/pages\/1187"}],"wp:attachment":[{"href":"https:\/\/www.onlinetradingplatforms.co.uk\/wp-json\/wp\/v2\/media?parent=1226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}