Forex Fundamentals
Most Influential Economic Numbers for the Forex market
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.
Interest Rates announcement for the national currency
(changed by Monetary Policy Committees of national Central Banks every month-6 weeks).
Second level Influential Economic Figures (every month)
Manufacturing PMI-ISM indicators (different names for the same indicator in different countries).
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: Machinery Orders, Tankan quarterly Survey.
Third level fundamentals important for the Forex market
monthly inflation CPI (HICP);
retail sales;
unemployment/jobless figures;
various sentiment/confidence/conditions/climate indicators;
PPI;
manufacturing production.
Less Influential Indicators - work only sometimes
current account;
Central Banks' minutes (published with delay);
money supply M2/M3;
building permits/housing starts.