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Random article: Chicago PMI Definition
Purchasing Managers' Index of Chicago (Chicago PMI) represents a summary report of surveying Chicago managers specializing in industrial purchases. Obtained results allow evaluating current conditions of manufacturing orders, inventories as well as price dynamics in this manufacturing field. Should the final value be under “45-50” level, it tells about negative economic tendencies. This index is announced on a monthly basis on the last business day at 10:00 a.m EST (New York). Its market influence is strong, because forecast of PMI published later depend on the index. Growht of Chicago PMI is accompanies by consolidation of national currency.
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Popular article: Ichimoku Indicator
Ichimoku Kinko Hyo Indicator is the trading technical indicator elaborated in 1930 by Japanese analyst Goichi Hosoda under alias name Ichimoku Sanjin, who monitored movement of Japanese index Nikkei. Ichimoku Indicator is purposed for finding out a trend, resistance and support line, and for generating purchase/ sell alerts.
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