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Random article: Productivity
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.
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Popular article: Relative Vigor Index
Relative Vigor Index (RVI) – is an oscillator used for technical analysis in Forex. An author of this index is John Enlers known for application of cycles in technical analysis of the market. The first time RVI indicator was mentioned in Stocks and Commodities magazine in 2002. In this article author says that during growth close price of bar is higher than open price and the opposite tendency was observed by him in descending market. RVI index is built on the basis of this statement.
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