FX Trader's "Adult Economics" Basic Course for Adults — Episode 6: How to Strategize US Economic Indicators ~ Predicting Ahead with Soft Data ~ [Koichiro Amayo]
This企画 enables systematic study of fundamentals (analysis). This time, in the practical part, you will learn how to攻略法 US economic indicators by leveraging soft data. This is essential knowledge for fundamental analysis, so be sure to grasp the points without missing them.
Table of Contents for Episode 6
1. First, understand economic indicators accurately
2. What is hard data?
3. What is soft data?
4. University of Michigan Index
5. Regional Federal Reserve index
6. Other soft data
7. Leading indicators of employment statistics
8. How to read the US business cycle
9. Soft data for Japan and Europe
10. GDP Now
11. Summary of Episode 6
※This article is a reprint and edit of FX-Strategy.com’s November 2017 issue
Koichiro Amaya Profile
With over 20 years of experience, he has held key foreign exchange positions at major foreign banks such as UBS, JP Morgan, and BNP Paribas. He has been ranked among Tokyo’s popular FX dealers in the financial magazine Euro Money. In 2006, he became a freelance financial analyst, providing currency market insights to FX companies and portal sites from his sharp, independent perspective.
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First, understand economic indicators accurately
This time, we will delve into the content and discuss practical methods for攻略法 US economic indicators that are useful in practice. There will be some slightly technical arguments, but we would be grateful if you endure and read until the end.
The basics of fundamental analysis are to read economic indicators. In particular, indicators from the US, the world’s economic hub, are the biggest factors that determine global interest rate trends and have direct and indirect significant impacts on the Forex and stock markets. Therefore, it is important not only to grasp the trend but also to understand the meaning of the indicators and how to read them correctly.
