AWARDS

What is it? It checks the change in the number of homes under contract to be sold but still awaiting the closing transaction, excluding new construction.

It's a leading indicator of economic health because the sale of a home triggers a wide-reaching ripple effect. For example, renovations are done by the new owners, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction.

Usual Effect: If the number is higher than the forecast, you can expect the USD to rise.

When? October 27th at 10:00am Eastern Time.

Trading Tip: This announcement can greatly affect the USD, make sure to make your trades before.

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What is it? It checks the level of a diffusion index based on surveyed retailers and wholesalers.

It's a leading indicator of consumer spending because retailer and wholesaler sales are directly influenced by consumer buying levels.

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

When? October 27th at 7:00am Eastern Time.

Trading Tip: This announcement can greatly affect the GBP, make sure to make your trades before.

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What is it? It checks the level of a composite index based on surveyed manufacturers, builders, wholesalers, and retailers.

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.

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

When? October 27th at 5:00am Eastern Time.

Trading Tip: This announcement can greatly affect the EUR, make sure to make your trades before.

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

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