Economy
Gross Domestic Product (GDP) Growth
Measures the quarterly change in the inflation-adjusted value of all goods and services produced. GDP is the primary gauge of economic health. Strong, rising GDP typically leads to higher interest rate expectations and is generally bullish for the domestic currency.
Data Endpoints by Currency:
Inflation Rate (CPI/HICP)
Measures the year-over-year percentage change in the Consumer Price Index (CPI). Inflation is the single most important factor driving Central Bank policy decisions.
Trade Balance
The difference between the value of a country's exports and imports. A Trade Surplus creates demand for the currency.
Labor Market
Unemployment Rate
The percentage of the total labor force that is unemployed but actively seeking employment.
Employment Level
Total number of employed persons. Rising employment is a direct indicator of economic expansion.
Non-Farm Payrolls (NFP)
NFP is arguably the most market-moving data point in Forex. A higher-than-expected number is extremely bullish for the USD.
Monetary Policy
Central Bank Policy Rate
The primary interest rate set by the Central Bank. The biggest driver of currency valuations in the long term.
Government Bond Yields
2-Year Government Bond Yield
Highly sensitive to Central Bank policy expectations over the near term. A rising yield is typically bullish for the currency.
10-Year Government Bond Yield
Benchmark long-term yield. A proxy for long-term growth and structural inflation expectations.
Inflation-Linked Bond Yield
Measures the 'real' cost of borrowing. Crucial for calculating breakeven inflation rates.