What is it? It checks the change in the total value of sales made by manufacturers.
It's a leading indicator of economic health - manufacturers are quickly affected by market conditions, and changes in their sales can be an early signal of future activity such as spending, hiring, and investment.
When? June 15th at 8:30am Eastern Time.
Trading Tip: If the actual number is higher than the forecast, you can expect the CAD to rise.
Ask us about our FREE financial advice program:
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
This is how our trades look after the NFP announcement
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook: