Macroeconomic data (indicators)
What is macroeconomic data?
Macroeconomic data - These are the most important economic indicators of different countries used by analysts, investors, traders to forecast the market situation. Macrostatistics reflects important aspects of the economic situation in a particular country or region. Such data include information on the level of employment and production volumes, GDP, Inflation et al.
Why does a trader need macroeconomic data?
Макроэкономические показатели страны являются важнейшим индикатором состояния экономики государства и, как следствие, индикатором силы государственной валюты по принципу «чем сильнее экономика, тем крепче национальная валюта». Макроэкономические данные являются одним из основных инструментов фундаментального анализа рынка .
The release of macroeconomic data affects all types of trading: both intraday and medium to long term trading.
Before, during and after the release of the most important economic indicators, currency pairs demonstrate increased volatility and in intraday, short-term trading can easily close a position on a stop-loss.
In medium- and long-term trading, macroeconomic statistics are used to forecast the outlook for the Central Bank's monetary policy and, accordingly, long-term currency trends.
Where to look for macroeconomic indicators?
Most macroeconomic data is released according to a certain schedule set by the issuing organization, for example, once a week or once a month. Most brokers and resources dedicated to trading publish a calendar of economic events, where the results of the most important macroeconomic data releases are updated online.
What are the most important macroeconomic data?
Since the main currency is the US dollar, some of the most anticipated macro statistics are reports on performance in the US, which is currently the world's leading economy and the importer that many industries and countries rely on.
Самыми важными показателями для любой валюты можно считать данные, которые позволяют оценить дальнейшие действия ЦБ страны (снижение/повышение процентной ставки, смягчение/ужесточение кредитно-денежной политики, проведение валютных интервенций). Это — темпы роста ВВП, изменение уровня инфляции и уровень безработицы.
Macroeconomic data online
Useful articles on the topic
- More about some macroeconomic indicators
- How do I calculate and predict the real U.S. Federal Reserve interest rate?
- America's Macroeconomic Indicators
- Economic calendar: the main events of the month, which have an impact on the markets
- The economic calendar and features of trading on the fundamental analysis at