6 Top reasons why traders fail
- Donald Herison
- English
- TRADING STRATEGY
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The forex market is the largest and most accessible financial market in the world.
The forex market is the largest and most accessible financial market in the world.
What is it? It checks the Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
It's a leading indicator of economic health - production is the dominant driver of the economy and reacts quickly to ups and downs in the business cycle.
When? April 14th at 10:00pm Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the CNY to rise.
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What is it? It checks the change in the inflation-adjusted value of all goods and services produced by the economy.
It's the broadest measure of economic activity and the primary gauge of the economy's health.
When? April 14th at 10:00pm Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the CNY to rise.
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What is it? It checks the change in the total value of sales at the retail level.
It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
When? April 14th at 8:30am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.
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What is it? It checks the change in the price of finished goods and services sold by producers.
It's a leading indicator of consumer inflation - when producers charge more for goods and services the higher costs are usually passed on to the consumer.
When? April 14th at 8:30am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.
Ask us about our FREE financial advice program:
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What is it? It checks the change in the total value of sales at the retail level, excluding automobiles.
Automobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends.
When? April 14th at 8:30am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.
Ask us about our FREE financial advice program:
Other top stories:
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Countless Already Joined and Made a Profit - What About You?
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook: