Manufacturing 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 the 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 the business planning is based on this data. The data concerning the business confidence are used to forecast the necessary level of stock (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 600
Elena Berseneva 28 June 2022 Fundamental analysis 600

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 692
Elena Berseneva 28 June 2022 Fundamental analysis 692

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 10 June 2022 703
Elena Berseneva 10 June 2022 Fundamental analysis 703

Is Trading on Rollbacks Effective? Part 1. USA

Fundamental analysis
The presented to your attention article opens a series of articles on trading on price rollbacks related to the publication of economic indicators. These articles will contain a unified analysis methodology, but the subject of consideration will be various economic indicators of the main economies of the world.