PU Prime App

Exclusive deals on mobile

  • Analysis

28 December 2020,08:08

Analysis

Economic Release

28 December 2020, 08:08

Share on:
FacebookLinkedInTwitterShare

Every given period of time, each country around the world will have what is called an economic release. A data release is the periodic publication of economic data and or news of a qualitative and quantitative nature.

These data or news releases help paint a picture of the overall health of a company or country’s economy.  A stronger outlook for a company or country’s economy should be reflected by a higher company stock price or stronger domestic currency.

This data/news can have both a short and long term impact on prices and traders will look to benefit from any movement created by these economic data releases. So investors will make investment decisions based on their interpretation of the economic data which has been released.

Key Points of Economic Data

  • The key to trading data is to look at the outcome of the data/news release in relation to the expected forecast.
  • The larger the difference between the actual figure and the forecast figure, the greater the likely hood of a larger change in prices.
  • The strength of importance of the data will also be a factor in determining strength of price moves.

An example of an economic data release is as follows;

U.S. Non-Farm Payrolls – [Released monthly] Measures the number of jobs created or lost each month excluding the agricultural sector.

For the month of July we can see that… – –
The forecasted figure is = -65k
The prior figure is = -125k
The actual figure is = -131k
And finally the revised figure is = -221k

We can see here that the actual figure is more than two times the forecasted figure – and as we mentioned before the bigger the difference the more likely the fluctuation.

In this case, higher than expected unemployment rates is bad news, so there was an initial sell off on the Dollar.

Start trading with an edge today

Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.

  • Start trading with deposits as low as $50 on our standard accounts.
  • Get access to 24/7 support.
  • Access hundreds of instruments, free educational tools, and some of the best promotions around.
Join Now

Latest Posts

Fast And Easy Account Opening

Create Live Account
  • 1

    Register

    Sign up for a PU Prime Live Account with our hassle-free process.

  • 2

    Fund

    Effortlessly fund your account with a wide range of channels and accepted currencies.

  • 3

    Start Trading

    Access hundreds of instruments under market-leading trading conditions.

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!