Ivey PMI

Business confidence indices are a big group of macroeconomic indicators, showing the current state and the prospects of doing business in the country. These are one of the earliest indicators to assess the economic situation, that’s why their role as leading indicators is especially important.

There are many different indices reflecting the conditions of doing business and manager’s expectations concerning the future: indices of the current conditions — to understand a current sentiment; expectations indices — to forecast the prospects; indices of industry and indices of the service sector; indices of new orders, employment, delivery, prices, etc.

A significant part of business planning is based on this data. The data concerning business confidence are used to forecast the necessary level of stockpiles (both raw material and final product), prices, number of staff, etc.

In general, the necessary budget for proper business functioning is based on the forecast concerning the business confidence.

Elena Berseneva 28 June 2022 887
Elena Berseneva 28 June 2022 Fundamental analysis 887

Does the Trading Signal Work Based on the Forecast Value?

Fundamental analysis
In this article, we will talk about the economic calendar and determine what is better to rely on when making a decision to open deals: forecasts or previous values of indicators.
Elena Berseneva 28 June 2022 958
Elena Berseneva 28 June 2022 Fundamental analysis 958

How Does the Market React to Revised Values in the Calendar?

Fundamental analysis
Today we will study the reaction of the foreign exchange market to the publication of revised values of economic indicators. And let's see if it's worth relying on them when making a decision to enter the market.
Elena Berseneva 25 June 2022 909
Elena Berseneva 25 June 2022 Fundamental analysis 909

Is Trading on Rollbacks Effective? Part 8. Canada

Fundamental analysis
Previous studies of rollback trading have revealed the usefulness of this strategy for a number of economic events in seven countries. Let's see if trading on rollbacks is suitable for Canada events.