XtreamForex

Economic Indicators: That you must know before you start trading

Economic Indicators: That you must know before you start trading

Every week a number of economic surveys and indicators are released. At one time, experienced professionals and economists had a distinct advantage in receiving this data in a timely fashion. Fortunately, the internet has changed this situation by providing access to anyone who wants it.

Economic indicators can have a huge impact on the market; consequently, knowing how to construe and analyze the information they contain is very important for forex traders. In this section we’ll cover some of the most important economic indicators. You’ll learn where to find them, how to read them and how you can use them to be successful in the forex market.

Top Economic Indicators

  • Beige Book
  • Business Outlook Survey
  • Consumer Confidence Index (CCI)
  • Consumer Credit Report
  • Consumer Price Index (CPI)
  • Durable Goods Report
  • Employee Cost Index (ECI)
  • Employment Situation Report
  • Existing Home Sales
  • Factory Orders Report
  • Gross Domestic Product (GDP)
  • Housing Starts
  • Industrial Production
  • Jobless Claims Report
  • Money Supply
  • Mutual Fund Flows
  • Non-Manufacturing Report
  • Personal Income and Outlays
  • Producer Price Index (PPI)
  • Productivity Report
  • Purchasing Managers Index (PMI)
  • Retail Sales Report
  • Trade Balance Report
  • Wholesale Trade Report

Coming up Next: We will describe all of these economic indicator briefly.