What is Japanese Housing Starts in Forex Trading?
It is leading economic indicator for Japan. According to last month report, Japanese housing starts decline by 7.6% in March 2020. This is the lowest of previous nine months. The new constructions drop to -0.3%, rented -6.6% and built for sale -16.1%. The data of Japanese housing starts released on monthly basis usually on last […]
What is Japanese Consumer Confidence in Forex Trading?
The Japanese Consumer Confidence worsened sharply in April 2020 to 21.6 from previous month 30.9. The Cabinet Office survey showed on Thursday that it is lowest on record since 1982 due to damage by coronavirus pandemic and policies of social distancing. The worsening was seen in all sub-indices. The overall livelihood tumbled to 8.1 points, […]
Who is Janet Yellen in Forex Trading?
She is an American economist born on August 13th 1946. From 2014 to 2018, she served as Chair of Federal Reserve and vice Chair from 2010 to 2014. Previously she was chief executive officer and president of the Federal Reserve Bank of San Francisco, business professor at University of Berkeley, California and Haas School of […]
What is Jamaican dollar in Forex Trading?
Since 1969, dollar is an official currency of Jamaica with currency code JMD and symbol J$, sign distinguish it from other dollar currencies. The Jamaican dollar is further divided into 100 cents. The banknotes of 50 cents, J$1, J$2 and J$10 were introduced in on September 1969. The banknotes of J$5 introduced on 20th October […]
What is Ivey Purchasing Managers Index in Forex Trading?
It is leading economic indicator which measures the change in purchasing activity made by the corporate executives. It measures the business optimism and determine economic growth, if ideal economical and business conditions are expected, the industry will expend more in order to accommodate future demand for goods and services. The report is prepared by Ivey […]
What is Ivey Purchasing Managers Index Canada in Forex Trading?
It measures the activity and level of purchasing managers in Canada. It is joint project of Richard Ivey School of Business and Purchasing Management Association of Canada. The traders and investors watch Ivey Purchasing Managers Index Canada closely because it has great impact on overall economic health of Canada. Reading above 50 is taken as […]