This article is devoted to Trade Balance, its influence on the national currency, and its use in Forex trading.
The article is devoted to the Consumer Price Index (CPI), its connection to other indices, the GDP, and unemployment. Also, the use of the index in Forex is discussed.
The influence of fundamental data on the dynamics of financial instruments is studied by a special type of analysis – fundamental analysis, an integral part of any trader training program. Fundamental analysis is applied to regularly published macroeconomic indices of certain countries and the world economy on the whole as well as to political events, relevant for the financial world.
The economic calendar has long stopped being some sort of a secret; one does not have to be a “pro” economist or trader to use it. Presently, this calendar is yet another instrument for market analysis. Or let us put it different: it is not only an instrument but also a set of signals, indicators that can tell a lot about a certain branch of world economy as well as predict the market reaction to such publications. If you divide the publications in the calendar into different categories (described below), the market reactions and fluctuations will become even more obvious.