Economic indicators for the U.S., part 2

Import prices - prices of imports - The index reflects the change in import prices for the month. Is an indicator of inflation. Since when calculating the consumer price index (CPI) recorded the prices of imported goods and services, then this value characterizes the contribution of import prices in the overall picture of change in retail prices of a basket of goods and services. Have limited influence on the market. In the standby increase in policy interest rates increase the index value leads to an increase in the base currency. As the U.S. is published each month around the 10 th number in the 13:30 GMT at the same time with the exponent "Export prices". In Germany published in the 20's of each month at 07:00 GMT.

Interest rate - The interest rate (in the general concept) - in each country (region) are the basic interest rates, which are one of the instruments of monetary policy of the state and determined by a special governing body (committee, commission), the central bank of the country (region). The meetings of these bodies (committees, commissions) conducted a number of times a year (monthly), on certain days, and the solution of such meetings shall be made in time. The level of interest rates directly affect the economy of the country (region). High interest rates slow economic activity, and low - encourage her. Have a significant impact on the market. A few weeks before (the decision) of such a meeting market participants speculate about what decision will be made (to leave / change the bid (s) or regulation and monetary policy), and depending on the expectations and immediate solutions formed by the main reaction of investors, and accordingly , the movement of the exchange rate. Published after the meeting of the authorized body of the central bank.

ISM index - index of business activity of the National Association of Managers - It is a survey of purchasing managers in industry. This index is used to assess changes in the new manufacturing orders, industrial output, employment, and inventories and the speed of the suppliers. The numbers below the "45-50" are an indicator of a slowing economy. Often the value of this index is more influenced by psychological factors rather than the actual state of affairs. In calculating the index does not include California. Since the volume of industrial production is not automatically a source of consumer demand, then this indicator approach with caution. Have a significant impact on the market. The growth index value leads to an increase in the dollar. Published in the first business day of each month at 15:00 GMT.

ISM Services index - The index of business activity of the National Association of Managers in the services sector - It is a survey of managers in services in order to assess changes in the industry. The numbers below the "45-50" are an indicator of a slowing economy. Often the value of this index is more influenced by psychological factors rather than the actual state of affairs. The process of consumption of services tends to change with a relatively constant rate, so the dramatic changes the value of this index is influenced by psychological factors. Therefore, when analyzing an index on a pay particular attention. Have a significant impact on the market. The growing importance of this index is a favorable factor for the growth of the dollar. Published in the first days of each month at 15:00 GMT the day after the publication of the index of the National Association of Managers in industry (ISM index).

Jobless claims - Applications for unemployment benefits - Shows the change in the number of weekly applications for unemployment benefits. These figures do not always reflect the real picture of events. They are sometimes distorted by short-term factors, such as federal or local holidays. This indicator can give an idea of how the next time will measure "Nonfarm payrolls". For example, if during the month the indicator value "Jobless claims" consistently decreases, then the chances are that the indicator "Nonfarm payrolls" will increase. Have limited influence on the market. Reducing the number of applications for unemployment benefits is a favorable factor for the growth of the dollar. Published weekly on Thursdays at 13:30 GMT.

Leading Indicators - The index of leading indicators - It is a weighted average index of indicators such as: "production orders", "number of applications for unemployment benefits", "indicators of money supply M, the average working week", "building permits real estate "Prices for basic actions, orders for durable goods", "index of consumer confidence." It is believed that it characterizes the development of the economy over the next 6 months. There is also a rule of thumb that the output value of the indicator in the negative region for three consecutive months is an indicator of a slowdown of the economy. Have limited influence on the market. Its limited impact due to the fact that the index value goes through a month after the reporting period, when virtually all the major indexes have been published. The growth index value leads to an increase in the dollar. Published in the first days of each month at 15:00 GMT.

Michigan sentiment index - index of consumer sentiment University of Michigan - This index is a survey of consumers on the subject of confidence in the current economic situation. The survey carried out by personnel of the University of Michigan USA. The report is published twice a month: the second week (usually Friday) about 15 of the reporting month (preliminary), and two weeks (final). Have limited influence on the market. The growth index value leads to an increase in the dollar. This indicator - nothing but a reflection of the willingness of consumers to spend their money. Published twice a month (preliminary and final) at 15:00 GMT.

New home sales - Sales of new homes - The figure shows the number of sold or offered for sale houses designed for one family for a year - this number tends to increase when increasing the rate on loans secured by real estate, which is connected with the main interest rates in the country . These data, by reason of the real estate market, subject to seasonal fluctuations. Therefore, when analyzing the target "New home sales" use "moving averages" (moving average). Have limited influence on the market. The increase its value has a positive impact on the currency. Published in the first days of each month at 15:00 GMT.

Nonfarm payrolls - Number of new jobs created in non-agricultural sectors of the economy for a month - Payroll - a payroll for which salary is given to employees. This is a very strong indicator that shows the change in the level of employment in the country. Have a significant impact on the market. The growth of this indicator characterizes the increase in employment and leads to an increase in the dollar. It is called "indicator that moves the markets." There is a rule of thumb that an increase in its value at 200 000 per month is equivalent to an increase in GDP at 3.0%. Published the first Friday of each month at 13:30 GMT.

NY Fed Empire State Index - Production Index of New York - Calculated as a weighted average of the nine regional indices (new orders, deliveries, backlog, delivery time, inventory, prices paid, price orders, unemployment, average times during the working week). Calculated on the information industry of the New York region. Have limited influence on the market. The growth of this indicator is good for the dollar. Published in the middle of each month at 13:30 GMT

Personal income - personal income - change in this indicator characterizes the state of people's purchasing power. The growth of its value at a normal level of spending can lead to an increase in the volume of retail sales, which is a positive factor for the development of national economy and leads to an increase in the dollar. Have limited influence on the market. Published after the 20 th of each month at 13:30 GMT.

Personal spending - Personal expenses - The index reflects changes in the level of funds to meet personal needs. The index includes three components: the cost of purchasing durable goods, nondurable and services. On the consumption of durable goods and nondurable provides an indicator of "Retail sales" (retail sales). The process of consumption of services, in turn, varies with a relatively constant rate, so the value of this indicator is often predictable. Thus, the only significant deviation of this index and the predicted values can influence the rate of national currency. Have a significant impact on the market. The growth of its value is a positive factor for the development of national economy and leads to an increase in the dollar. Published after the 20 th of each month at 13:30 GMT at the same time with the exponent "Personal income".

Philadelphia Fed index - The index of business activity of the Federal Reserve Bank of Philadelphia - It is a survey of producers in Philadelphia for their relationship to the current economic situation. The numbers below the "0" are an indicator of a slowing economy. Have a significant impact on the market. Behind him is closely watched, because this index is published before the index "ISM", and may give an idea of how will an indicator of business activity at the national level. The growing importance of this index leads to an increase in the dollar. Published on the third Thursday of each month at 17:00 GMT.

Productivity - Productivity - The index shows the change in volume of output per one worker. Productivity is a very important indicator to analyze the state of the economy. Have a significant impact on the market. However, it is necessary to follow closely, as it from time to time may be misleading. For example, a decrease in the number employed in manufacturing during the stagnation in the economy leads to increased productivity. The same may also occur as a result of strikes. The growth of the index value is a positive factor for the development of national economy and leads to an increase in the dollar. Published every quarter, to 10 th of the month of publication in 13:30 GMT.

Unit labor cost - Cost per unit of output - The index characterizes the costs associated with the production per unit of output. It is an important indicator of the efficiency of the economy. Have a significant impact on the market. It serves as a good indicator of inflationary pressures associated with salary increases. The standard analysis of this index is carried out in the context of the figures reflecting the value of index "Productivity" (Productivity). The growth of value per unit of output, along with the growth of labor productivity may lead to the increase in policy interest rates, which is a positive factor for the growth of the dollar. Published every quarter, to 10 th of the month of publication in the 13:30 GMT at the same time with the exponent "Productivity".

Wholesale inventories - Inventories at warehouses wholesale - index characterizes the relationship between wholesalers and retailers. Gives an overview of trends in these sectors, which can be projected on the economy as a whole. "Overstocking" warehouses may indicate the presence of stagnation in the economy. Have limited influence on the market. Stable trends in its dynamics has a great influence on the market. Growth index value has a negative impact on the dollar. Published 10 th of each month at 15:00 GMT.

U.S. Economic Indicators, Part 1

Key indicators of the U.S.:

Average hourly earnings - hourly average earnings - is expressed in absolute value and as an index relative to the previous review period. Is an indicator of potential inflation-related increases in the cost of labor. Have limited influence on the market. In the standby increase the basic interest rate increase in its value could lead to an increase in the dollar. Published the first Friday of each month at 13:30 GMT at the same time with the exponent "Nonfarm payrolls".

Average workweek - Average length of the workweek - The indicator shows the average workweek during the month. The market has almost no effect. Used for long-term analysis of the employment in the country. It is an informative indicator of the labor market at different stages of economic cycle. He is considered one of the key indicators for indicators such as "Industrial production" (Industrial Production) and "Personal income" (Personal Income), the values of which are published later. Published the first Friday of each month at 13:30 GMT at the same time with the exponent "Nonfarm payrolls".

Building permits - Building Permits - The indicator shows the number of permits for new homes. Have limited influence on the market. The increase its value has a positive impact on the currency. The indicator is very sensitive to changes in policy interest rates, since the construction is necessary to take bank loans. These data, by reason of the real estate market, subject to seasonal fluctuations. The construction process is directly related to state income. Therefore, the increase in the volume of construction is characterized by improving their well-being and healthy development of the economy. Published in the third week of each month at 13:30 GMT at the same time with the exponent "Housing starts".

Business inventories - stocks of goods, components and semi-finished products in storage - There is the following pattern: an increase in stock for several months may indicate the presence of stagnation in the economy. Have limited influence on the market. However, the steady trend in its dynamics has a great influence on the market. Growth index value has a negative impact on the dollar. Published in the middle of each month at 13:30 GMT.

Capacity utilization - Capacity utilization - Defines the degree of utilization of productive capacity of the economy. The level of 85% indicates a good balance between economic growth and inflation. Exceeding this level causes inflation in the economy. Have limited influence on the market. The growth of this index leads to a growth rate of national currency. Published in the middle of each month at 14:15 GMT at the same time with the indicator "Industrial production".

Chicago PMI - the index of activity of the Association of Managers in Chicago - It is a survey of purchasing managers in the industry in Chicago. This index affects the status of production orders, the prices of their products and inventory in warehouses. The numbers below the "45-50" are an indicator of a slowing economy. Behind him is closely watched because it is published shortly before the index of business activity of the National Association of Managers (NAPM). Have a significant impact on the market. It can give an idea of how will the indicator of business activity at the national level (ISM). The growth index value leads to an increase in the dollar. Published in the last business day of each month at 15:00 GMT.

Consumer confidence - The index of consumer confidence - This survey is an attempt to measure consumer optimism. The index is calculated since 1967. First, it was equal to "100". Have limited influence on the market, because it can not reflect the real state of the economy. However, it is traditionally used to predict trends in employment and the general state of the economy. The growth of the index value is a positive factor for the development of national economy and leads to an increase in the dollar. Published after the 20 th of each month at 15:00 GMT.

Construction spending - construction costs - The indicator is expressed as an index relative to the previous review period and in terms of absolute values of costs. The indicator is very sensitive to changes in policy interest rates, since the construction is necessary to take bank loans. These data, by reason of the real estate market, subject to seasonal fluctuations. The construction process is directly related to state income. Therefore, the increase in the volume of construction is characterized by improving their well-being and healthy development of the economy. Have limited influence on the market. The increase its value has a positive impact on the dollar. Published in the first business day of each month at 15:00 GMT.

Crude Stocks - Crude oil in the U.S. - shows the changes of oil reserves in the U.S. for a week. Also this figure went as data for individual types of energy. On the currency markets directly, not affecting. Published every Wednesday at 15:30 GMT.

Durable goods order - Orders for durable goods - For durable goods, those goods to the service life over three years - cars, furniture, etc. To highlight the variability inherent in the military and transportation orders, an indicator of this distinguished figures who are not take into account the orders for the defense industry (Durable goods orders excluding defence) and transport orders (Durable goods orders excluding transportation). This indicator is important for the market, as it gives an indication of confidence of consumers of these products in the current economic situation. Since durable goods are quite expensive, the increase in the number of orders for these shows willingness of consumers to spend on them more than their money. The growth of this indicator is a positive factor for economic development and leads to the growth rate of national currency. Published at the fourth week of each month at 13:30 GMT.

Export prices - prices for export - Index reflects price changes in exports for the month. Is an indicator of inflation. Have limited influence on the market. In the standby increase in policy interest rates increase the index value leads to an increase in the dollar. Published every month around the 10 th number in the 13:30 GMT at the same time with the exponent "Import prices".

Factory orders - Production Orders - Production orders include orders for durable goods (more than 50% of all orders) and short-term use. K-durable goods include food, clothing, light industry goods and products designed for operation with durable goods. For durable goods are products with a lifetime of more than three years - cars, furniture, etc. has had a limited impact on the market. Particular attention is paid to trends in its development. The growth of the index value is a positive factor for the development of national economy and leads to an increase in the dollar. Published in the first days of each month at 15:00 GMT.

Fed Beige Book - Economic Review Federal Reserve "Beige beech" - Produced by twelve U.S. Federal Reserve Bank. The review covers the sphere of industrial production, services, agriculture, financial institutions, labor market, real estate market. Have limited influence on the market. When the market there are rumors of a possible change in interest rates, then pay attention to that part of the review, which refers to the status of wages and prices. Review is helpful for confirming an already established trend in the economy. Published 8 times a year, on Wednesday, two weeks before the next FOMC meeting in the U.S. 17:00 GMT.

Federal budget - the state budget - measures the relationship between state income and expenditures. By exceeding the level of state revenues over expenditures generated a surplus. By exceeding the level of state expenditures over the income generated negative balance (deficit). Have little influence on the market. Usually it is used for long-term analysis of the economy. Budget deficit seen in the context of other indicators: the index of industrial prices (PPI), consumer price index (CPI), monetary aggregates (M1, M2, M3), and others published around the 20 th of each month at 19:00 GMT.

FOMC meeting results - decision of the meeting of the Federal Open Market Committee - As a rule, traders pay attention to the decision to change monetary policy, referred to several proposals in the statement (statement). Have limited influence on the market, but it happens that certain words (phrases) of the statement can have a significant impact on the market. Published immediately after the meeting at 19:15 GMT.

Foreign Capital Inflow (TIC) - Net inflow of foreign capital - Factor has become very important recently, because it shows the financing of the trade deficit. If the inflow exceeds the deficit, it is considered positive for the economy, whereas the reverse situation shows that the U.S. is unable to cover their perepotreblenie. Inflows of capital is divided into inflow from private investors (investment funds, hedge funds, etc.) and public investors (central banks). Also provides a breakdown by instruments: equities, government bonds, corporate bonds and agency bonds (Freddie Mae, Freddie Mac and others). Inflows of capital goes in the middle of the month after the trade balance. Time to 14:00 GMT.

FRB of Atlanta Index - The index of business activity of the Federal Reserve Bank of Atlanta - Represents the results of a survey of producers in Atlanta for their attitudes to the current economic situation. The numbers below the "0" are an indicator of a slowing economy. Its value is published after the 10 th of each month at 16:00 (GMT +2). This index has a limited impact on the market, as published after the indicator of business activity at the national level (NAPM index). The growing importance of this index is a favorable factor for the growth of the dollar.

GDP (advance) - Gross domestic product (GDP), a preliminary value - This indicator is the first step of the three levels of GDP data, which are published every quarter. Have a significant impact on the market. GDP growth leads to an increase rate of national currency. Published each quarter after the 20 th of the month at 13:30 GMT.

GDP (final) - Gross domestic product (GDP), the final value - This update of the revised value "GDP (provisional). Most of the differences between them are minimal. Therefore, these figures do not surprise the market. Have a significant impact on the market. GDP growth leads to an increase of the national currency. Published in the following month after the publication of "GDP provisional" after the 20 th number in 13:30 GMT.

GDP (revised) - Gross domestic product (GDP), the revised value - This update (revised) "prior value" GDP (advance). Have a significant impact on the market. GDP growth leads to an increase of the national currency. Published in the following month after the publication of "GDP advance" after the 20 th of a 13:30 GMT.

Help-wanted index - index number of required workers - measures the volume of published advertisements in newspapers on the hiring of workers and employees. 1987 was adopted for the base, then its value was "100". In his analysis of the use of "moving averages" (moving average). If the moving average shows a change in trend of the index for several months, it could be a sign of the changing situation on the labor market. Also, the index can give an idea of possible change in the economic situation in different regions of the country. Virtually no effect on the market. Its influence is limited to what is taken into account only a limited number of major regional newspapers. Its value is published, usually the last Thursday of each month at 17:00 (GMT +2).

Home sales - houses for sale on the secondary housing market - Indicator shows how the number of homes sold on the secondary real estate market. This segment is about 85% of the U.S. housing market.

Housing starts - Construction of new homes - The indicator shows the number of new homes, construction of which has already begun. He is very sensitive to changes in policy interest rates in the country, since the construction is necessary to take bank loans. These data, by reason of the real estate market, subject to seasonal fluctuations. The construction process is directly related to state income. Therefore, increasing the volume of construction is characterized by improving their well-being and healthy development of the economy. Have limited influence on the market. The increase its value has a positive impact on the currency. Published in the third week of each month at 13:30 GMT at the same time with the exponent "Building permits".

Economic indicators and Idex 1 article

Key Indicators of Great Britain

Average earnings (including bonus) - The average earnings - The indicator is calculated by taking into account earnings growth over the past three months (taking into account all payments that were actually made, not "assessed") - This is a good indicator of future inflation, as growth in earnings, if it is not offset by productivity growth is the cause of rising prices. He is one of the defining indicators, according to which the Bank of England determines the level of interest rates.

CBI monthly industrial trends - Economic Survey of the British Confederation of Industrialists - Overview (in the form of digits) reflects business sentiment of businessmen about the state of the manufacturing sector of the economy. Review has no direct connection with the real prospects of economic development. Published monthly. The indicator is taken into account the market.

CBI retail sales volume balance - Economic Report on trade of British Confederation of Industrialists - Overview (in the form of digits) reflects business sentiment of businessmen on trade sphere. Review has no direct connection with the real prospects of economic development. The indicator is taken into account market. Published in the first days of each month at 11:00 GMT.

Claimant count rate - Unemployment - Claimant count - the number of applications for employment of unemployed in employment centers. The lower unemployment rate, the more people are paid, which may cause inflation. Have limited influence on the market. Published in the middle of each month at 09:30 GMT.

Consumer credit - consumer credit - reflects the extent of use by the public system of credit through credit cards, personal loan and hire purchase. Is an indicator of consumer demand. Great importance of this indicator shows that consumers are not afraid to "get into debt" to meet their material needs. However, the figures are often revised and have considerable seasonal variations. For example, the value of consumer credit is growing in anticipation of Christmas and New Year. Have limited influence on the market. The growth of the index value is a positive factor for the development of national economy and leads to a corresponding growth rate currencies. Published every month about 7-th number in the 20:00 GMT in the U.S. and in the end at 09:30 in the UK.

Gfk consumer confidence - consumer confidence index - The index measures the optimism of consumers. It may not reflect the real state of the economy. Have limited influence on the market. The growth of the index value is a positive factor for the development of national economy and leads to increased appreciation of the pound. Published in the last days of each month at 10:30 GMT.

Halifax house price index - The index of housing prices from the "Halifax" - represents a change in the level of housing prices and real estate. Calculated agency "Halifax", and may differ from the national indicator. Have limited influence on the market. Published in the last days of each month at 07:00 GMT.

M4 money supply - Monetary aggregate M4 (a measure of the money supply) - Includes the amount of cash currency in circulation, the total amount of loans issued by banks, as well as the amount of borrowing governments. M4 is considered a good indicator for the level of inflation. Is for informational purposes. Published in the last days of each month at 09:30 GMT.

Nationwide house price index - national index of house prices - represents a change in the level of house prices and property in the UK. Have limited influence on the market. Published in the last days of each month at 07:00 GMT.

PMI (CIPS manufacturing index) - index of business activity in the industrial sphere - It is a survey of purchasing managers in the industry. This index is used to assess changes in the new industrial orders, industrial output, employment, and inventories and the speed of the suppliers. Numbers below the "45-50" are an indicator of a slowing economy. Often the value of this index is more influenced by psychological factors rather than the actual state of affairs. Since the volume of industrial production is not automatically a source of consumer demand, then this indicator approach with caution. Has limited market influence. The growth index value leads to an increase in appreciation of the pound. Published in the first business day of each month at 09:30 GMT.

PMI (CIPS services index) - index of business activity in the services sector - It is a survey of managers in the services sector in order to assess changes in the industry. The numbers below the "45-50" are an indicator of a slowing economy. Often the value of this index is more influenced by psychological factors rather than the actual state of affairs. The process of consumption of services tends to change with a relatively constant rate, so the dramatic changes the value of this index is influenced by psychological factors. Therefore, when analyzing an index on a pay particular attention. Have limited influence on the market, although at times reverse the trend in the economy can play a significant role as a leading indicator. The growing importance of this index is a favorable factor for the rise of the pound. Published in the first days of each month at 09:30 GMT the day after the publication of the index in the industry.

PSNCR (Public Sector Net Cash Requirement) - The budget deficit - difference between income and expenditure budget. The indicator has little influence on the market. Published monthly in the 20x numbers in 09:30 GMT.

RPI - retail price index - Specifies the change level of prices for a basket of consumer goods. An indicator of inflation is the retail price index excluding interest payments on loans to purchase real estate (RPI-X). The retail price index, calculated on a uniform formula for comparison with similar indices in other countries, called harmonized (HICP). If the growth index exceeds the planned value, usually the Bank of England raises interest rates. Have a significant impact on the market. Published in the 20th of each month at 09:30 GMT.

Trade in goods - merchandise trade balance - a specific figure for the UK, because shows the balance of trade in goods only. The market pays more attention on this indicator, rather than the entire balance of trade. The index is published in the middle of each month.

Key Indicators in Germany

Export prices - prices for export - Index reflects price changes in exports for the month. Is an indicator of inflation. It has no effect on the market. Published every month since the 20 th number in the 07:00 GMT at the same time with the exponent "Import prices".

IFO - business activity index from the IFO - Review assesses the level of business activity in the country. The indicator value can vary from 80 to 120, 100 taken as the level of business activity in 1991. Have a significant impact on the market. The growth of this index leads to the growth of the euro. Published monthly on the third week of the month at 09:00 GMT.

Import prices - prices of imports - The index reflects the change in import prices for the month. Is an indicator of inflation. Since when calculating the consumer price index (CPI) recorded the prices of imported goods and services, then this value characterizes the contribution of import prices in the overall picture of change in retail prices of a basket of goods and services. Have limited influence on the market. In the standby increase in policy interest rates increase the index value leads to an increase in the base currency. In Germany, after being published in the 20's of each month at 07:00 GMT.

Industrial orders - orders in the manufacturing industry - The indicator shows the change in the number of orders for German companies. Reflect the perspectives of economic development. Have limited influence on the market. The growing importance of this index is a favorable factor for the growth of the euro. Published in the first ten days of each month at 11:00 GMT.

Wholesale prices - wholesale price index - reflects the change in the price level of large consignments. It is calculated as a weighted average of three components: domestic wholesale prices, wholesale prices for export and wholesale prices for imports. WPI is considered the best indicator of inflation than the CPI, as directly reflects the state of the business sector. Is an indicator of inflation. Have limited influence on the market. Growth index value has a negative impact on the euro. Published monthly in the second decade of 07:00 GMT.

Key Indicators of Japan

Leading and Coincident indicators - indices of leading and coincident indicators - Index of leading indicators is a weighted average of 13 major different indicators. Used to determine the future state of the economy. The index of coincident indicators is composed of 11 indicators and is designed to assess the current state of the economy (50% level indicator is a "zero"). Have little effect on the market. The final values are published in the middle of each month at 05:00 GMT.

Machinery orders - orders for engineering products - indicator reflects the level of investment firms and business activity. Shall be based on assessments of more than 300 industrial manufacturers. Have a significant impact on the market. Published in the middle of each month at 05:00 GMT

Tankan survey - Overview Readings - Quarterly Economic Review published by the Department of Research and Statistics of the Bank of Japan. Review is based on estimates of more than 8000 companies, firms and institutions on the following economic parameters: 1) the business environment, 2) the production and marketing, and 3) supply and demand, price level, 4) income, 5) direct investments, 6) employment 7) the tax conditions. Tankan is the most important indicator of the Japanese. Have a significant impact on the market. Issued quarterly.

Tokyo-area CPI - Consumer Price Index in the Tokyo area - in fact, measured by consumer prices in metropolitan Tokyo. The calculation is carried on the same principle as the national index. Published in the 20's of each month.

Key indicators of EMU:

HICP - Harmonised index of consumer prices - the official measure of inflation in the euro area and countries that it contains. Identifies change in the level of prices for a basket of goods and services. In calculating the index takes into account the prices of imported goods and services. Target mark on euro area inflation at the level of 2.0% per year. The European Central Bank believes that this quantity will reflect the price stability in the region. In addition, the growth index is much higher than 2.0%, the possibility of raising interest rates also increases.

Industrial orders - orders in the manufacturing industry - The indicator shows the change in the number of orders for production enterprises. Reflect the perspectives of economic development. Have limited influence on the market. The growing importance of this index is a favorable factor for the growth of the euro. Published in the last third of each month at 11:00 GMT.

Labor (Employment) cost index - Employment Cost Index - Indicator includes wages and unemployment benefits. It can serve as an indicator of the presence of inflation in the economy. Employment Cost Index is one of those indicators for which the ECB is closely monitoring the conduct of its monetary policy. Have limited influence on the market. In the standby increase in policy interest rates increase its value leads to an increase in the exchange rate. It is used for medium-and long-term forecasts.

M3 money supply - Monetary aggregate M3 (a measure of money supply) - Includes the amount of cash currency in circulation, money in checking deposits, deposits with maturities of less than 4 years. Bundesbank and European Central Bank consider it one of the most important indicators of inflation. Usually set the maximum acceptable value of the indicator (defined acceptable level of inflation), and in case of exceeding this value indicator, usually there is an increase in interest rates. Is for informational purposes. Published in the last days of each month at 09:00 GMT.

PMI - The index of business activity in the industrial sector - It is a survey of purchasing managers in the industrial sector. This index is used to assess changes in the new manufacturing orders, industrial output, employment, and inventories and the speed of the suppliers. The numbers below the "45-50" are an indicator of a slowing economy. Often the value of this index is more influenced by psychological factors rather than the actual state of affairs. Since the volume of industrial production is not automatically a source of consumer demand, then this indicator approach with caution. Have limited influence on the market. The growth index value leads to the growth of the euro. The composite index for the euro area is published in the first business day of each month at 09:00 GMT.

PMI (services) - The index of business activity in the services sector - It is a survey of managers in the services sector in order to assess changes in the industry. The numbers below the "45-50" are an indicator of a slowing economy. Often the value of this index is more influenced by psychological factors rather than the actual state of affairs. The process of consumption of services tends to change with a relatively constant rate, so the dramatic changes the value of this index is influenced by psychological factors. Therefore, when analyzing an index on a pay particular attention. Have limited influence on the market. The growing importance of this index is a favorable factor for the growth of the euro. The composite index for the euro area is published in the first days of each month at 09:00 GMT the day after the publication of the index in the industry.

A list of all the economic indicators

Online Trading

Many have heard about online trading. Those who have never met him, and think that it is selling or purchasing anything via the Internet. But originally the concept points to the foreign exchange market, or the securities market.

Let's define some positives and negatives of online trading.

Pluses:

Internet trading can be practiced anywhere in the world.

Internet trading can be regarded as business, where you play the role of the owner of this business.

Internet trading provides a decent income, and the amount depends on your desires and abilities.

A person engaged in online trading, released from the pressure of the authorities, he does not need to manage subordinates, he is his own man.

A person engaged in online trading takes wit.

Cons:

Internet trading takes a sufficient number of times, but this time highly paid.

Internet trading requires a permanent presence on the computer (although this depends on the strategy you use on the Stock Exchange).

Internet trading is constantly checks the man of strength, mental strength. You need to be strong, to withstand losses without which the trader can not do the work.

Not everyone is able to engage in online trading. Many people can not control themselves psychologically, and the slightest failure affects very much on the psyche. But if you can overcome yourself, then eventually you will become much easier to accept losses.

Despite the psychological pressure, Internet trading gives many advantages. The trader receives financial freedom (given that he does not need to live from paycheck to paycheck, and the amount is ten times more than the usual work), the set of skills that help a lot in my life when making decisions (for each rate trader to make responsible decisions that affects his deposit), freedom of movement (the opportunity to go anywhere in the world and sell out with a laptop or even a handheld computer), a sense of confidence from knowing that he secured himself, his family with everything needed for a decent life.

Internet trading gives man great opportunities. To deal with them, do not need big investments. It is enough to start reading books, playing on a demo account in a company where you plan to play for real money, and in parallel to start putting money aside to pay. For example, it took 6 months, you have read 8 books, 4 months, played on a demo account in his spare time, developed a strategy for themselves (for 4 months of play, will necessarily thinking about how you would like to play in what way) and after it would bring you a positive balance on a demo account, you could start playing for real money.

At the moment, companies that provide access to the forex market for Internet trading, offer to play for rubles. Anyone can allocate an amount of 10-100 dollars, and that is enough to check themselves and their strategy for durability.

Internet trading is a way out of financial problems, but to reach it, you need to devote your time.