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The Importance of Unemployment over the Currency Exchange Rate

The Importance of Unemployment over the ...

The rate of unemployment represents the report between the number of the employed and unemployed citizens of a country. If you want to understand the dynamics of this rate, you will have to follow two important indicators: The number of work applications The number of the newly created jobs (Employment Change or Nonfarm Payrolls) The applications to obtain unemployment help show how many citizens will be unemployed in the next period. The Workforce Department publishes that information every Thursday. The number of requests has an influence over the exchange rate....
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The Gross Domestic Product (GDP)

The Gross Domestic Product (GDP)

GDP is the most consistent and relevant indicator for the economy. However, don’t expect major changes on the short term because the evolution of this indicator. As a fundamental concept, the GDP is really important in planning the long term investments, along with the monetary politics. The two indicators are strictly correlated. The GDP is a trimester indicator, but its revised value appears every month. However, not the final value is the most important, but the first one (Advance GDP), being the most wanted and also the most difficult to anticipate. The GDP is the...