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A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive.Good for weekend cuz rest of the week we will be busy trading:D:p.Tap into the wisdom of the crowds by following and copying thousands of top performing traders.
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Her speeches are especially important before the next meeting of the FOMC.Alpari (UK) Ltd and FXStreet.com present: The Forex Game from 9th June 2008 Online FOREX Game starting June 9th until July 18th First Prize: Real.Because foreign goods are usually purchased using foreign currency, trade deficits usually reflect currency leaking out of the country.
Historically, when economic conditions slow, New Home Sales are one of the first indicators to reflect the change.
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No consistent effect - there are both inflationary and growth implications.
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The administrators and holders of the web resource do not warrant the accuracy of the information and shall not be liable for any damage directly or indirectly related to the content of the website.However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the most important reports out of the any country.A monthly gauge of manufacturing activity and future outlook.
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The German group GfK uses this report to show the results of their survey on business consumer confidence in order to gauge the health of the German economy.With Forex Game You Can Have Fun And Learn To Trade At The Same Time, With Real time Trading Data.
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Continuing claims refers to unemployed workers that qualify for benefits under unemployment insurance.The CIPS PMI is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies.By the same token, New Home Sales undergo substantial growth when the economy has emerged from recession and wages have begun to pick up.Download The Forex Game - So you think playing the Forex is easy.
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In addition to the high expenditure of the new home, buyers are likely to spend more money on furnishing customizing and financing their home.The retail sales index is often taken as an indicator of consumer confidence.
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The report is not very timely, coming some time after the reporting period.