The Macroeconomics indicator can give us an instant view of the most important economic indicators. The indicator displays different tables in different sectors:
- Money : It give us a basic information about the money indicators in USA;
- Surveys: They are usually used as leading indicators.
- Inflation: It is showing overall inflation in the country
- Employment: Provides deep information about the current labor market
- Government: Usually legging indicators, but providing very good information about the USA
- Others: Few important indicators, for example GDP.
How we can use the indicator:
1) The indicator can be used to help traders, getting an instant overview of the economic indicators, helping them to create the Macroeconomic analysis.
2) The indicator can be use as a preparation before the high-impact news.
Note:
Yellow colour - leading indicators
Orange colour - legging indicators
Tables are showing the current data, also 12 months high and low. This is very important information, because it shows the extremes and normally if the current data is 12 months high or low it will be observed by the big players.
Before use this indicator, traders need basic macroeconomic understanding. A good knowledge is required in order to take advantage of the indicators and create the economic analysis or bias.