Due to the important position of the US dollar in the foreign exchange market, and most of the foreign exchange transactions are centered on the US dollar, the US economic data is the most eye -catching in the foreign exchange market.LTG Goldrock first introduced the theoretical methods and conclusions of five important economic indicators in the United States, but the situation in actual use will be much more complicated.
1. GDP
GDP (GDP) refers to the total value of all the final products and services provided by a certain country in a certain period of time. It reflects the quality of a country's overall economic situation and is closely related to economic growth.Economists are regarded as "the most comprehensive economic dynamic indicators".GDP is composed of four parts: consumption, private investment, and government expenditure net exports.The steady growth of domestic GDP data in one country shows that the country's economy is booming and the increase in national income, which is conducive to the exchange rate of the country's currency.Under normal circumstances, if a country's GDP has declined for two consecutive quarters, it is considered an economic recession.The GDP of the United States is statistics per quarter by the US Department of Commerce, which is divided into the initial value correction and final value.The United States generally announces the final value of domestic GDP in the previous quarter at the end of each quarter.
2. GDP
Industrial GDP refers to the total value of all industrial products produced by a certain country produced in a certain period of time in a certain period of time, which occupies a large proportion of the total industrial products produced in a certain country.As the industrial sector hired a large number of workers, changes in the gross industrial production value had a significant impact on the entire national economy, and there was a positive relationship with the exchange rate. Especially the data on behalf of the Federal Reserve by the manufacturing industry was statistics.Essence
3. Unemployment rate
UNEMPLOYMENT RATE is a "barometer" for economic development, which is closely related to the economic cycle.The rise in unemployment rate data indicates that economic development is blocked; on the contrary, the decline in the unemployment rate data indicates that economic development is better.For most Western countries, the unemployment rate is about 4%at a normal level, but if the unemployment rate exceeds 9%, it means that the economy is in the stage of recession.The U.S. unemployment data data is statistics from the US Department of Labor and announced at 21:30 Beijing time on the first Friday of each month.
4. Trade deficit
International trade is an important part of economic activities.When the export of a country is greater than the import, it is called a trade surplus; on the contrary, when the export of a country is less than imported, it is called a trade deficit.For a long time, the US trade data has become the normal state of the deficit. It focuses on the expansion or reduction of trade deficits.The expansion of US trade deficits is not conducive to the US dollar. Conversely, the reduction of US trade deficits is conducive to the US dollar.The data of the US trade deficit is statistics from the US Department of Commerce and announced the data of the first month before the mid -to -late month.
5. Frequent revenue and expenditure
Frequent accounts are the main items on the revenue and expenditure sheet of a country. The content is to record the flow of funds generated by foreign countries and foreign countries, including import and export and export of goods and labor services, investment income, other goods and labor income, and one -sided transfer.EssenceIf the current project revenue and expenditure of a country is a positive number, it is a surplus, which is conducive to the local currency; otherwise, if the current project revenue and expenditure of a country is negative, the deficit is not conducive to the local currency.U.S. U.S.'s revenue and expenditure data is statistics from the US Department of Commerce and announced the data of the first month before the middle of the month.
