Fundamental analysis is the use and study of these factors.
It is the study of what’s going on in the world and around us, economically and financially speaking, and it tends to focus on how macroeconomic elements (such as the growth of the economy, inflation, and unemployment) affect whatever we’re trading.
The most important economic data to watch for include:
- Interest Rates
- Inflation
- GDP (Gross Domestic Product)
- Employment Data