TOOLS TRADES - AWARDS

Nov

Unemployment Rate (NZD) – 04/11

: Donald Herison; English; ANNOUNCEMENTS; 04 November 2014; 04

Nov; 10 February 2016; Hits: 1595

What is it? It checks the percentage of total work force that is unemployed and actively seeking employment during the previous quarter.

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.

When? November 4^th at 4:45pm Eastern Time.

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

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Nov

Employment Change (NZD) – 04/11

: Donald Herison; English; ANNOUNCEMENTS; 04 November 2014; 04

Nov; 10 February 2016; Hits: 1499

What is it? In checks the change in the number of employed people.

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

When? November 4^th at 4:45pm Eastern Time.

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

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

Other top stories:

3 Tips for Today's Trading

The Importance of Diversification

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Nov

Trade Balance (USD) – 04/11

: Donald Herison; English; ANNOUNCEMENTS; 04 November 2014; 04

Nov; 10 February 2016; Hits: 1376

What is it? It checks the difference in value between imported and exported goods during the reported month.

Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.

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