Hi,
I have a question for you guys. Hope some of you can help me to understand the market better.
Ok I know that the market moves after news are released if there is a difference between actual and forecast.
If now I go to check next week’s economic calendar I can see that the forecasts are already there but if I look next next week forecasts are not there yet. When are they released (If I am not wrong the forecast numbers should be the average of different forecasts)? Do they affect the market? Who is looking for them? Who is reacting to them? And When?
Let’s make an example:
Forecast is 5, actual come 4 and the market react with big bearish movement. But imagine now that the previous week was 0. By the time of the news release the market adapted to forecast and at the time of the new reacted to the actual. But…
But what about the forecast? When was it released? And when did the market react to it? The difference between previous and forecast sometime is big and also surprising. Does the market react to this? And if it does, when does it react to it? How? Who?
Well my English is not perfect, hope my question makes sense!
Thanks for your time!