Economic Data:Impact on Indian Equity & Commodity Market
GDP indicates the total value of all the goods and services produced in a country within a specific time period. It is one of the major indicators used to analyze the condition of a country's economy.
Interest rate decision is taken by the Central Bank (US= FED, India = RBI) of the particular country. For short tern point of view Interest Rate Decision is important factor to decide the valuation of the currency.
The Energy Information Administration's (EIA) gives the weekly update on US Crude Oil Inventory. It influences the crude price across the globe. It also shows its impact on inflation.
U.S. Nonfarm Payroll data indicates the number of people gets a job in comparison to previous month excluding Farm Sector. It is closely watched by Federal Bank of USA and the trader from both equity and commodity market.
The Philadelphia Fed manufacturing Index measures the changes in business condition among manufacturers. The report is based on data collected from a survey of approx 250 manufacturers in the Philadelphia Federal Reserve district.
Unemployment Rate is the percentage of people in the workforce who want to work but do not have a job. It is generally calculated by dividing the number of people who are unemployed by the total workforce.
Initial Jobless Claims is a report issued by the U.S. Department of Labour on a weekly basis. The data shows the number of people who claim for unemployment insurance for the first time in the past week.
Consumer Price Index (CPI) is one of the most important economic indicators to examine the Inflation or deflation. It indicates the current prices of a basket of goods and services from the perspective of the consumer.
Wholesale Price Index is another important indicator to examine the Inflation or deflation. The WPI indicates the current prices of a wholesale goods sold by hole sellers across country.It measure the inflation of wholesale items sold by whole sellers.
The Energy Information Administration's (EIA) gives the weekly update on US Natural Gas inventory. The Natural gas inventory is a very crucial data for the natural gas trader as it affects the Natural Gas price globally.
Industrial Production Index (IPI) is one of the important Economic indexes. It measures the change in output in manufacturing, mining, and construction etc in a given period with respect to the volume of production with a base period.