Forex encyclopedia

Productivity index represents production output of the state per one worker. This index is widely applied in analysis of current economic conditions of the state. Productivity value is published once every three months, till 10th of every month at 08:30 a.m EST (New York). Market respond to publication is rather significant. Though sometimes this value is able to misguide about real economic conditions. For example, during strikes or under stagnancy the number of employees decreases leading to growth of productivity despite negative processes in the economy. As for the rest, growth of index is positive for national currency and progressive development of the economy.

Jobless claims is an economic indicator used in fundamental analysis of the Forex market. It shows number of people in the USA, who submitted their initial claim for unemployment benefit. The data on initial claims is published every week on Thursdays at 08:30 a.m EST. The statistics on other countries is also published on a weekly basis, but at present are less indicative for experts than the US data. In particular, analysts pay attention to Jobless claims figure in Great Britain, which is published at 08:30 a.m at London time.