Forex encyclopedia

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.

Saving became a part of the way for the people looking for how to survive the economic collapse. Start thinking on how to control your money and survive the economic collapse, for example, choose a financial adviser or planner. Financial planning is required for a family including children. For example, make savings purposed for children's education. Under healthy financial condition, you can save your assets to  survive the economic collapse and save money for the next generation. Grow your money by investing Select investment products that can optimize your money. There are still many people who equate forex and forex market investing with the money changers used to exchange the currencies of various countries. Forex transactions are not made physically. As the unique investment business, Forex has been introduced in the 1970s. At that time, floating currencies and free exchange were announced. However, only certain people were able to perform these transactions at that time.

 

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