The Caixin Manufacturing Purchasing Managers’ Index (PMI) is an economic indicator that measures the performance of China’s manufacturing sector. It is published by Caixin Insight Group and compiled by IHS Markit. The PMI is released at the end of each month and indicates the level of activity in the manufacturing sector compared to the previous […]
Business inventories refer to the total value of stocks held by businesses. Stocks are the accumulation of goods and services that businesses produce, purchase, or hold for production, sale, or distribution processes. Businesses maintain inventories to meet the demand for their products or services in a timely manner. Inventories act as a buffer to […]
The Building Permits Survey (BPS) is a program conducted by a government or statistical agency at the national or local level to collect and analyze data related to building permits in a country or region. The primary purpose of the BPS is to track activities in the construction sector, monitor the permit process for construction […]
A budget deficit occurs when a government’s expenditures or expenses exceed its revenues or income in a given period, typically a fiscal year. In other words, it represents a shortfall or negative balance between the money the government spends and the money it receives. Budget deficits can arise due to various factors, including: […]
Budget balance refers to the financial state of a government or organization when its income or revenue is equal to its expenses or expenditures. It is an important indicator of financial stability and sustainability. Budget balance is typically calculated over a specific period, such as a fiscal year. Income or revenue sources can include […]
The Big Mac Index is not directly related to forex trading. It is an economic indicator created by The Economist magazine to measure and compare the purchasing power parity (PPP) between different countries. However, it can indirectly provide insights into forex trading and currency valuation. The Big Mac Index is based on the theory […]
The Beige Book is a report published by the Federal Reserve System, also known as the Fed, which provides a qualitative assessment of the economic conditions in the United States. Its full name is “Summary of Commentary on Current Economic Conditions by Federal Reserve District.” The Beige Book is released eight times a year, […]
The Baltic Dry Index (BDI) is an economic indicator that measures the demand and pricing of shipping dry bulk commodities worldwide. It provides an assessment of global trade activity and is considered a leading indicator of global economic health. The BDI is published by the Baltic Exchange, which is a London-based organization that provides […]
In forex, the Balance of Trade, also known as the Trade Balance, refers to the difference between a country’s exports and imports of goods and services. It is a key component of a country’s current account in its balance of payments. The Balance of Trade is calculated by subtracting the value of imports from […]
The Baker Hughes Rig Count is a widely recognized industry benchmark that measures the number of active drilling rigs in the oil and gas sector. It is published weekly by Baker Hughes, a leading oilfield services company. The Rig Count is an important indicator of drilling activity and is closely monitored by industry professionals, […]