Economic news focuses on regional economies in a variety of ways. From unemployment numbers to the latest GDP figures, economic news reports cover a range of topics. For example, you can read about the state of the economy in Western New York or the U.S. economy in the Western New York Economic Update. These reports include news releases for the previous month.
The Dow Jones Newswires service offers comprehensive, market-moving news. Its expert analysis and extensive data sets help financial professionals guide investors. It also provides researchers with fast, flexible delivery options for news and information. The company’s news analytics are especially useful for quantitative investors. The service also includes an extensive database of news and executive data across industries. This means that you can get up-to-the-minute economic news from leading companies in the world.
Economic news can give you a clear picture of a country’s economy, and how that affects the currency value. Key words to pay attention to include unemployment, GDP, and interest rates. All of these indicators are used to gauge a country’s health and determine how its currency value will respond to them. Economic news is important, but political news can also impact market sentiment. While most news is related to the U.S. economy, there are some other types of economic news that are equally important to keep track of.
As an investor, you can use news to make profitable trades. One of the most popular ways to trade news is to look for a short period of consolidation leading up to a big news release. After the news is released, traders can then trade the breakout that follows it. The news can be short-term, or can last for a few days. For example, if the U.S. jobs report is not particularly impressive, the dollar will likely fall 60-pip against the euro.
While forex trading is a profitable endeavor, it requires a deep knowledge of economic news to successfully make smart decisions. By staying informed about what’s happening in different countries, you can maximize your profit margins. The currency market is a volatile place, and it can impact your trades in many ways. Keeping up with economic news is the best way to avoid unnecessary market volatility. So how can you keep your eyes open for the latest economic news?
News about the economy can affect the prices of commodities. The main factors that affect commodity prices are supply and demand. News on stockpiles, production boosts, and news from major commodity bodies are all important. Soft commodities, like oil, petroleum, and ethanol, are also affected by Mother Nature. You should also keep an eye out for the impact the US dollar has on the price of these commodities. This is because the price of commodities is linked to the US dollar.
The latest economic news is mixed. In Japan, core consumer prices rose 3.0% y/y, in line with expectations. However, China delayed its report due to the 20th National Congress in Beijing. As a result, the market fell today. But overall, the economy is doing well. A recent report on consumer confidence is positive. It’s a great sign for the economy, but you should not get too excited. The news about the economic health of Europe and Asia can also affect the market.
Meanwhile, on Friday, Italy’s new government named Giorgia Meloni as its prime minister. The government also named its cabinet. The news boosted the price of gold and silver. The yen weakened against the dollar and fell above a crucial psychological level of 150 yen to dollar. In the United States, the dollar is expected to rise next month. However, the IMF is wary of forcing down the yen permanently.