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.
When? January 26th at 4:00am Eastern Time.
Trading Tip: If the actual higher is lower than the forecast, you can expect the EUR to rise.
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