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Crypto Prophecy

by isbella isla (2019-02-26)

Each country and region has its Crypto Prophecy own economic indicators that allow investors in FX trading to make estimates about whether the economy is struggling or thriving in order to wisely trade for that country's currency. Presented are some of the economic indicators for the Euro-zone. This report is presented monthly, during the last week, by the GfK Group. The German GfK Report provides information about consumer spending in three major business sectors throughout Europe, Custom Research, Retail, and Technology and Media. A survey collects information from over 340,000 retail sources and the GfK Group compiles it into a report makes estimates about the current market. The report breaks down the general growth or decline by country, shares information of particular areas that have experienced change (for example the March 2011 report states that small appliances had dynamic growth), values the worth of entire sectors of industry (such as the IT) and further breaks down what product sales are driving that industry (like personal computers for the IT sector), and compares the current consumer market with past ones to see if any historical parallels can be identified. All of these factors allow the investor to make intelligent decisions with his/her forex broker.