Latest news Market News

Important Forex News On 13 January 2017

Important Forex News On 13 January 2017

Important Forex News On 13 January 2017

Important Forex News – Core Retail Sales m/m

Currency NameNews Name     Actual   Forecast  Previous
USDCore Retail Sales m/m???0.5%0.2%
SourceLatest Release
MeasureChange in the total value of sales at the retail level, excluding automobiles;
Usual EffectActual > Forecast = Good for currency;
FrequencyReleased monthly, about 13 days after the month ends;
Why Trade CareAutomobile sales account for about 20% of Retail Sales, but they tend to be very volatile and distort the underlying trend. The Core data is therefore thought to be a better gauge of spending trends;
Derived ViaRetail Sales Ex Autos;

PPI m/m

Currency NameNews Name     Actual   Forecast  Previous
USDPPI m/m???0.1%0.4%
SourceLatest Release
MeasureChange in the price of finished goods and services sold by producers;
Usual EffectActual > Forecast = Good for currency;
FrequencyReleased monthly, about 14 days after the month ends;
Why Trade CareIt’s a leading indicator of consumer inflation – when producers charge more for goods and services the higher costs are usually passed on to the consumer;
Derived ViaFinished Goods PPI, Wholesale Prices, PPI for Final Demand;

Retail Sales m/m

Currency NameNews Name     Actual   Forecast  Previous
USDRetail Sales m/m???0.5%0.1%
SourceLatest Release
MeasureChange in the total value of sales at the retail level;
Usual EffectActual > Forecast = Good for currency;
FrequencyReleased monthly, about 13 days after the month ends;
Why Trade CareIt’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity;
Derived ViaThis is the earliest and broadest look at vital consumer spending data;

Prelim UoM Consumer Sentiment

Currency NameNews Name     Actual   Forecast  Previous
USDPrelim UoM Consumer Sentiment???98.698.2
SourceLatest Release
MeasureLevel of a composite index based on surveyed consumers;
Usual EffectActual > Forecast = Good for currency;
FrequencyReleased monthly, around the middle of the current month;
Why Trade CareFinancial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity;
Derived ViaSurvey of about 500 consumers which asks respondents to rate the relative level of current and future economic conditions;

About the author

Saimon Akash

Add Comment

Click here to post a comment

Your email address will not be published. Required fields are marked *


Topics

forexing24-ad-1

forexing24-ad-2

  • analystfx-small.jpg
  • analystfx-small.jpg
  • medium.jpg
  • medium.jpg
  • medium.jpg
  • medium.jpg

Recommended Forex Broker

  • banner-300x250-gif-animation-2.gif