The Balance of Trade index is an economic index that shows the difference between the value of a country’s exports and imports over a specific period. For example, a positive trade balance occurs when the value of a country’s exports is greater than its imports. A negative trade balance occurs when the value of a…
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The Crude Oil Inventory is a weekly report released by the U.S. Energy Information Administration (EIA) that measures the number of barrels of crude oil held by American companies. This index is regularly published by governments, especially in major oil-producing and consuming countries such as the United States. The crude oil inventory index is highly…
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What Is the Consumer Price Index (CPI)? The Consumer Price Index (CPI), is one of the most important economic indices that measures changes in the prices of consumer goods and services used by households. This index is published monthly and is used as a measure of inflation and consumer purchasing power. Importance of the CPI…
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The Purchasing Managers’ Index (PMI) is a leading economic index used to predict the state of expansion or contraction in the manufacturing sector of an economy. This index has diverse applications for investors and economists, as it provides deeper insights into future employment and inflation conditions. Therefore, understanding and accurately analyzing the PMI can significantly…
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GDP, or Gross Domestic Product, refers to the monetary value of goods and services produced and provided within a country. This index is typically published quarterly and compared with the annual report of the previous period. The GDP index helps you predict and analyze the overall economic growth of a country. The Impact of GDP…
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The Unemployment Claims Index is considered as an important economic index in the forex market. This report is released along with the unemployment rate and wage growth rate on the first Friday of each month. This index shows the number of individuals who have recently applied for unemployment benefits and is considered as an indicator…
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The Durable Goods Orders Index is a crucial economic index released monthly by the U.S. Census Bureau. It measures the value of new orders placed with U.S. manufacturers for goods that are expected to last for more than three years, such as automobiles, household appliances, heavy machinery, aerospace equipment, and industrial tools. Analysts and investors…
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Retail refers to the purchase of goods or the use of services by consumers. These goods and services have reached the end of the supply chain and are now sold to the final consumer. This chain starts with the producer of the goods andends with retail. What is meant by the Retail Sales Index The…
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The Job Openings and Labor Turnover Survey (JOLTS) is a crucial analytical tool in the labor market, compiled and released by the U.S. Bureau of Labor Statistics. This survey is designed to measure job vacancies and labor turnover in the U.S. labor market. Various data, including job openings, the number of people who have quit…
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The Non-Farm Payroll (NFP) report refers to the number of jobs created in the non-agricultural sector of the United States during a one-month period. In the US economy, NFP is a crucial economic indicator, often considered the most significant economic indicator influencing markets, including the Forex market. NFP data is typically released on the first…
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