TopOption has collected the top market indicators you can follow, to stay up-to-date and in-the-know about the major factors that are influencing global markets.
What Are Market Indicators?
Market indicators are reports that are issued on a regular basis, which help determine the strength of an economy. Some market indicators, such as the GDP (Gross Domestic Product), relate to the entire economy, while other indicators, such as Retail, or Home Sales relate specifically to a particular market sector.
Market indicators and the Economic Calendar
All the primary market moving events listed below appear on the TopOption Economic Calendar.
An economic calendar is a critical tool for traders, listing hour by hour, each of the main market-shaping events of the day ahead.
The calendar shows when the market indicator reports are published, explaining their significance, rating the importance of each report, and showing their real and predicted impact on affected currencies.
To see when each of the upcoming market indicators will be published, and how they are likely to influence the various assets traded on the binary options market click here.
To find out more about each market indicator, click on the relevant item in the list:
Consumer spending makes up more than 65% of GDP and can help predict the general health of the economy and the direction of the stocks and bonds markets. The stock market is strengthened by high levels of consumer spending, yet inflation, stemming from strong spending can negatively impact the bonds market.
Three versions of the GDP report are released, an advance report, a preliminary report the following month, and the final report another month later. Any significant discrepancies in those numbers can impact the movement of markets.
The report presents the results in two separate formats. One is the Current Dollar GDP, which shows the market value of goods and services produced over the year, according to today’s rates. The other is the Constant Dollar GDP, or Real GDP, which calculates the quantity of goods and services that make up the year’s economic output. It converts the results into a standard permanent dollar value, which allows for comparisons between years, without having to take factors such as inflation into account.