Most Important Economic Indicators to Track?

Hello

What are the most important economic indicators to track in any economy?

There are a lot of different economic reports that come out, with varying impacts on the Forex market.

I like to use the calendar at Forex Factory. It not only explains what the report is about, but also tells you whether it will have a minor, medium, or major impact on that country’s currency.

Check it out.

Terry

Different economic reports have different values at different times, one need to weight the importance of them… if a interest rate cut is predictable then it will not effect the market as much most because the market already shifted before the news even came out… you get the point.

I use dailyfx calendar, its simple and you can sort information by importance as well as by date it comes out, it also provides some info why it is important or not.

It also depends on the pair or pairs you are watching. If you’re trading crosses, obviously, then US payrolls figures don’t mean much. In general terms, though, data which relate to or are seen to impact trade and interest rates tend to be at the top of the list.