What economic indicators should we pay attention to when speculating in foreign exchange?

What economic indicators should we pay attention to when speculating in foreign exchange? The interpretation and publication time of the main economic indicators that affect the foreign exchange rate, because of the position of the US dollar in the foreign exchange market and most foreign exchange transactions are centered on the US dollar, the economic data of the United States is the most concerned in the foreign exchange market. The following are the theoretical observation methods and conclusions of some important economic indicators, but the situation in practical application is much more complicated:

1. Gross domestic product (GDP) refers to the total value of all final products and services produced by a country in a certain period of time. It reflects the overall economic situation of a country and is closely related to economic growth. It is regarded as the most comprehensive economic dynamic indicator by many western economists. It mainly consists of four parts: consumption, personal investment, government expenditure and net export. The steady growth of data shows that the economy is booming, and the increase of national income is beneficial to the exchange rate of the US dollar. On the contrary, the profit is weak. Generally speaking, if GDP declines for two consecutive quarters, it is regarded as a recession. The data are counted by the U.S. Department of Commerce every quarter and divided into initial value, revised value and final value. Generally, the final value of the previous quarter is announced at the end of each quarter at 2 1:30 Beijing time.

2. INDUSTRIALPRODUCTION: refers to the total value of all industrial products produced by a country's industrial production departments in a certain period of time, accounting for a large proportion in the gross domestic product. Because the industrial sector employs a large number of workers, its fluctuation has a significant impact on the whole national economy and is positively related to the exchange rate, especially represented by the manufacturing industry. The data is stored and counted by AP, and every night 15 is about 2 1.

3. Unemployment rate: a barometer of economic development, closely related to the economic cycle. Rising data show that economic development is hindered, but it has a bright future. For most western countries, the unemployment rate is around 4%, but if it exceeds 9%, the economy will decline. The data is produced by the US Department of Labor and released at 2 1:30 on the first Friday of each month.

4. Trade losses: International trade is an important part of economic activities. When a country's exports exceed its imports, it is called a trade surplus, but on the contrary, it is called a deficit. American trade data has been in a deficit state, focusing on the expansion or reduction of losses. The expansion of losses is not conducive to the dollar, on the contrary, it is good. The data is produced by the US Department of Commerce and released at 2 1:30 in the middle and late of each month.