ISM:The Manufacturing ISM Report On Business is based on data compiled from purchasing and supply executives nationwide. Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (New Orders, Backlog of Orders, New Export Orders, Imports, Production, Supplier Deliveries, Inventories, Customers' Inventories, Employment and Prices), the report shows the percentage reporting each response, the net difference between the number of responses in the positive economic direction and the negative economic direction, and the diffusion index. A PMI reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally declining.
ISM:The Non-Manufacturing ISM Report On Business® is based on data compiled from purchasing and supply executives nationwide. Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (Business Activity, New Orders, Backlog of Orders, New Export Orders, Inventory Change, Inventory Sentiment, Imports, Prices, Employment and Supplier Deliveries) this report shows the percentage reporting each response, and the diffusion index. An index reading above 50 percent indicates that the non-manufacturing economy in that index is generally expanding; below 50 percent indicates that it is generally declining. Orders to the service producers make up about 90 percent of the US economy.
The University of Michigan's Consumer Sentiment a.k.a. CONSUMER SENTIMENT
The Index of Consumer Expectations focuses on three areas: how consumers view prospects for their own financial situation, how they view prospects for the general economy over the near term, and their view of prospects for the economy over the long term. Each monthly survey contains approximately 50 core questions, each of which tracks a different aspect of consumer attitudes and expectations. The samples for the Surveys of Consumers are statistically designed to be representative of all American households, excluding those in Alaska and Hawaii. Each month, a minimum of 500 interviews are conducted by telephone.
Building Permits refer to the approvals given by a local jurisdictions before the construction of a new or existing building can legally occur. Not all areas of the United States require a permit for construction.
Since the Global Crisis, many central banks have used balance sheet interventions – including quantitative easing, credit easing, and emergency lending assistance – to pursue their monetary policy objectives and address concerns with financial system stability. Changes in both the size and composition of central banks’ balance sheets have since become an indicator of the stance of monetary policy.
Current Employment Statistics (CES) program from the U.S. Department of Labor Bureau of Labor Statistics, surveys about 141,000 businesses and government agencies, representing approximately 486,000 individual work sites, in order to provide detailed industry data on employment, hours, and earnings of workers on non-farm payrolls.
In the United States, unadjusted Consumer Price Index for All Urban Consumers is based on the prices of a market basket of: food (14% of total weight), energy (9.3%), commodities less food and energy commodities (19.4%) and services less energy services (57.3%). The last category is divided by: shelter (32.1 percent), medical care services (5.8%) and transportation services (5.5%).
It is the consumer and producer price index (CPI and PPI) excluding energy and food prices. This method has become the most widely used because food and energy prices can be very volatile, and this wide amount of movement would unfairly bias the measure of inflation.
On the expenditure side, personal consumption expenditures accounts for 68% of total GDP out of which purchases of goods constitute 23% and services 45%. Private investment accounts for 16% of GDP and government consumption and investment for 18%. As the value of goods exported (13.5%) is lower than the value of goods imported (16.5%), net exports subtracts 3% from the total GDP value.
The authority to set interest rates is divided between the Board of Governors of the Federal Reserve (Board) and the Federal Open Market Committee (FOMC). The Board decides on changes in discount rates after recommendations submitted by one or more of the regional Federal Reserve Banks. The FOMC decides on open market operations, including the desired levels of central bank money or the desired federal funds market rate.
The United States has been running consistent trade deficits since 1976 due to high imports of oil and consumer products. In 2017, the biggest trade deficits were recorded with China, Mexico, Japan, Germany, Vietnam, Ireland and Italy and the biggest trade surpluses with Hong Kong, Netherlands, United Arab Emirates, Belgium, Australia, Singapore and Brazil. Mexico is the United States' 2nd largest export market and the 3rd largest supplier of imports.
Misiunea noastră este de a ne crește fondurile într-un ritm constant, poziționându-ne în piață pentru a prinde mișcările macro de peste 5 - 10% într-o perioada de timp de 1 - 3 luni. Totodată ne propunem să educăm cât mai mulți traderi care își doresc să facă performață alături de noi.