Economic Indicators Basics

by Mervin Campued

Economic indicators are pieces of financial and economic data published regularly by governmental agencies and the private sector. These statistics help market observers monitor the economys pulse -

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Know when the data is going to be released
The reports and their effect on the overall economy
Not all economic data moves currency markets

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Review on Economic Indicators Basics

Many times, the data itself may not be as important as whether or not it is within the expectations set forth by the analyst, experts and pundits. If a specific report differs widely and unexpectedly from what economists and market gurus were expecting, market volatility and potential trading opportunities may result.

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