What is Personal Income and Spending in Forex Trading?
The personal income and spending report are generated by the Bureau of Economic Analysis to track income level and spending by United States consumers. The personal gain is the total value of earnings from all sources by U.S. individuals while spending is purchases of both durable and non-durable goods and services. The personal income and […]
What is Personal Consumption Expenditure in Forex Trading?
The personal consumption expenditure is assigned as domestic consumptions defined for some time. The readings of personal consumption expenditures, personal income and PCE Price Index are released monthly basis in the Bureau of Economic Analysis’ (BEA) Personal Income and Outlays report. The PCE Price index measures the change in the price of consumer goods and […]
What is People’s Bank of China (PBOC)?
PBOC or People’s Bank of China (PBOC) is the central bank of the People’s Republic of China, accountable for carrying out regulation and monetary policy of financial institutions in mainland China as determined by Commercial Bank Law and People’s Bank Law. Since July 2017, the People’s Bank of China (PBOC) had the most significant fiscal […]
What is Pennants in Forex Trading?
In technical analysis, the pennant is a continuation chart pattern moulded when there is hefty movement in a currency or security followed by a consolidation period with layer trend lines, the flag, which is followed by a breakout movement similarly as the original massive movement. In the consolidation period the covering trend lines, the pennants […]
What is Pending Home Sales in Forex Trading?
The pending home sales is the main gauge for the housing division created on pending sales of existing homes. The home sale is marked as pending when an agreement has signed, but the business deal has not closed, however, sale typically completed within one or two months of signing. The pending home sales index is […]
What is PCE Price Index in Forex Trading?
The personal consumption expenditure is accredited, and actual expenses of the family unit and includes statistics relating to durable and non-durable goods and services. The PCE Price Index is a measure of goods and services directed towards individuals and consumed by individuals. The measurements for feeding in the gross domestic product is collected by the […]