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? December 4th at 8:30am Eastern Time.

 

 

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

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What is it? It's the primary method the ECB uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate and other policy decisions, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy.

When? December 4th at 8:30am Eastern Time.

 

 

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the EUR to rise.

Talk to us to get get FREE signals and start earning now: 

 

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4 Tips for Today's Trading - 03/12

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What is it? It checks the interest rate on the main refinancing operations that provide the bulk of liquidity to the banking system.

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

When? December 4th at 7:45am Eastern Time.

 

 

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

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

4 Tips for Today's Trading - 03/12

The Importance of Diversification

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

 

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What is it? It's among the primary tools the MPC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes.

When? December 4th at 7:00am Eastern Time.

 

 

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the GBP to rise.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories:

4 Tips for Today's Trading - 03/12

The Importance of Diversification

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

 

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