AWARDS

What is it? It checks the change in the average price of dairy products sold at auction.

It's a leading indicator of the nation's trade balance with other countries because rising commodity prices boost export income.

When? January 6^th at 8:30am Eastern Time.

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

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What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the services industry.

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

When? January 6^th at 4:30am Eastern Time.

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

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What is it? It checks the level of a diffusion index based on surveyed purchasing managers in the services industry.

It's positively correlated with interest rates - early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation.

When? January 6^th at 3:15am Eastern Time.

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

Ask us about our FREE signals program: 

Other top stories:

Countless Already Joined and Made a Profit - What About You?

The Importance of Diversification

How I Made Over $30,000 a Year by Investing in Binary Options

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