TOOLS TRADES - AWARDS

Apr

Philly Fed Manufacturing Index (USD) – 16/04

: Donald Herison; English; ANNOUNCEMENTS; 16 April 2015; 16

Apr; 10 February 2016; Hits: 1052

What is it? It checks the level of a diffusion index based on surveyed manufacturers in Philadelphia.

It's a leading indicator of 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, hiring, and investment.

When? April 16^th at 10:00am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

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Apr

Unemployment Claims (USD) – 16/04

: Donald Herison; English; ANNOUNCEMENTS; 16 April 2015; 16

Apr; 10 February 2016; Hits: 915

What is it? It checks the number of individuals who filed for unemployment insurance for the first time during the past week.

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.

When? April 16^th at 8:30am Eastern Time.

Trading Tip: If the actual number is lower than the forecast, you can expect the USD to rise.

Ask us about our FREE financial advice program:

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