Leading events defines the economic health of the country


Here is the checklist of leading events which may define the economic health of the country thereby defining the purchasing power and job openings.

leading events

USD: ISM Manufacturing PMI at 7:30 PM

Measures: Level of a diffusion index based on surveyed purchasing managers in the manufacturing industry

Released monthly, on the first business day after the month ends

Next Release Date Dec 1, 2022

Above 50.0 indicates industry expansion, below indicates contraction

It’s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy

Forecast- [50.0]
Previous- [50.9]
Actual- ?

Impact- The forecast figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure to release at 7:30 PM.


USD: JOLTS Job Openings at 7:30 PM

Measures: Number of job openings during the reported month, excluding the farming industry

Released monthly, about 35 days after the month ends

Next Release Date Nov 30, 2022

It’s released late, but can impact the market because job openings are a leading indicator of overall employment

Forecast- [9.75M]
Previous- [10.05M]
Actual- ?

Impact- The actual figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure to release at 7:30 PM

Source: Forex Factory

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