Series: Event Jargon
A practical guide to the economic indicators and events that move the forex market: what they are, why they matter and how to read them. One term per post, explained for traders.
What is the Gross Domestic Product (GDP)?
Gross Domestic Product (GDP) is the total monetary value of all finished goods and services produced within a country's borders in a period — usually a quarter or a year.…
What is the Unemployment Rate?
The Unemployment Rate measures the percentage of the total labor force that is out of work but actively seeking a job, giving a snapshot of labor-market health and the broader…
What is the Purchasing Managers Index (PMI)?
The Purchasing Managers Index (PMI) is a monthly economic indicator built from surveys of purchasing managers in a country's manufacturing and services sectors, tracking new orders, production, inventories, supplier deliveries,…
What is the FOMC rate decision (Federal Open Market Committee)?
The Federal Open Market Committee (FOMC) is the monetary policymaking body of the U.S. central bank, the Federal Reserve. Its "Rate Decision" is the highly anticipated…
What is the Consumer Price Index (CPI)?
The Consumer Price Index (CPI) is a key economic indicator that measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods…
What are Non-Farm Payrolls (NFP)?
The Non-Farm Payrolls (NFP) report is a crucial monthly economic indicator released by the U.S. Department of Labor, measuring the total number of paid employees in the U.S…
