Forex Education

Preliminary (advanced estimate) GDP (published every quarter, Canada publishes monthly GDP) Good GDP is good for the currency in a long term. GDP above expectations means quick raise for the national currency to the new level. ***NOTE: Germany is the major country in the Euro-zone, next come France and Italy Interest rate developments and uncertainty in the market regarding interest rates can have a direct affect on the currency markets. When a country raises its interest rates, in general that country's currency will strengthen versus other currencies as assets are shifted to gain a higher return. (changed by Monetary Policy Committees of national Central Banks every month-6 weeks).

Manufacturing PMI-ISM indicators
Service PMI-ISM are less important.
Industrial Production
National Specific
- USA: Non-Farm Payrolls, preliminary Michigan Consumer Confidence Sentiment ;
- Germany (and Euro-Zone): West Germany IFO index ;
- Japan: Machine Orders, Tankan quarterly Survey.

monthly inflation CPI (HICP);

retail sales;

unemployment/jobless figures;

various sentiment/confidence/conditions/climate indicators;

PPI;

manufacturing production.

- current account;
- Central Banks' minutes;
- money supply
- building permits/housing starts.