What is it? This 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.

Usual Effect: If the actual number is smaller than the forecast, you can expect the USD to climb.

When? Released every week. This week at 08:30am Eastern Time.

 

Other top stories today: 

Panic in the Apple World

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The US markets dropped today, mostly because international tension. Investors try to invest in safe places and stay away from riskier assets.

The Asian and European markets were mostly mixed with some ups and downs.

The US attacks in Syria and the traders moving to safer stocks made the Gold rise. The stock market was generally low today and Gold is a pretty good alternative investment.

 

Other top stories today: 

New Home Sales Announcement

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5 Tips for Today's Trading

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  • US stocks are slowing down. After they were hitting record highs last week, US stocks are now beginning to slow down but are still in the positive.

  • The Bed Bath & Beyond (BBBY) shares are rising by 7% after the company reported a jump in quarterly sales on Tuesday.

  • The U.S. government will report new home sales made in August at 10:00am Eastern Time.

  • European markets are mostly low and the German market was at its lowest in over a year.

  • Asian markets ended in mixed results yesterday.

 

Other top stories today: 

New Home Sales Announcement

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Syria Air Strikes Cause Asia Stocks to Drop

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What is it? This New Home Sales announcement checks the annual number of homes that were sold during the previous month.

The announcement is a leading sign of economic health because the sale of a new home causes other sales as well. For example, furniture and appliances are purchased for the home, a mortgage is sold by the financing bank, and brokers are paid to execute the transaction.

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

When? The announcement will happen today at 10:00am Eastern Time.

 

 

Other top stories today: 

China Markets are Doing Poorly

Syria Air Strikes Cause Asia Stocks to Drop

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