There are a number of factors that work to diminish the market impact of US Trade Balance. The report is not very timely, coming some time after the reporting period.
Developments in many of the figure's components are also typically well anticipated. Lastly, since the report reflects data for a specific reporting month, any significant changes in the Trade Balance should plausibly have already been felt during that month and not during the release of data.
However, because of the overall significance of Trade Balance data in forecasting trends in the Forex Market, the release has historically been one of the more important reports out of the US .
Saturday, March 14, 2009
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