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Perlim GDP Prelim GDP” refers to Preliminary Gross Domestic Product, which is the initial or first estimate of Gross Domestic Product (GDP) for a specific period, such as a quarter (three months) or a year. GDP is a crucial measure of a country’s economic activity, encompassing the total value of all goods and services produced
Consumer Price Index (CPI) CPI stands for Consumer Price Index. It is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. CPI is one of the most commonly used indicators for measuring inflation and is released regularly by government statistical
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ISM Services PMI The ISM Services Purchasing Managers’ Index (PMI) is an economic indicator published by the Institute for Supply Management (ISM) in the United States. It measures the activity level of the non-manufacturing sector, which includes services such as retail, real estate, healthcare, and other industries. The ISM Services PMI is based on a
Federal Funds Rate The Federal Funds Rate is the interest rate at which banks lend funds to each other overnight in the United States. It is one of the most important benchmark interest rates in the U.S. financial system. The Federal Open Market Committee (FOMC) of the Federal Reserve sets the target for the federal
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Employment Cost Index The Employment Cost Index (ECI) is a measure of the total compensation paid to employees for their work, including wages and salaries, as well as benefits. It is a key economic indicator used to assess changes in labor costs over time. The ECI is often used by policymakers, economists, and analysts to
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Doji candlestick A Doji candlestick is a type of candlestick pattern that is commonly used in technical analysis of financial markets, especially in trading. It is characterized by its unique appearance, where the opening and closing prices of an asset are very close to each other, often nearly the same or with only a small
Overnight Rate The overnight rate, also known as the federal funds rate in the United States, is the interest rate at which banks lend and borrow money among themselves on an overnight basis. It is a key monetary policy tool used by central banks to influence the overall level of interest rates and control the
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Risk Warning : Trading Forex and CFD’s a high level of risk since leverage can work both to your advantage and disadvantage. You should not invest more than you can afford to lose and should ensure that you are fully understand the risk involved. Trading leveraged products may not be suitable for all investors. Before trading, you need to ensure your level of experience, investment objectives and get financial advice if necessary. We cannot and will not be liable for any loss or damage arising.
