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Do the Consumer Reports Drive the Gold Price?

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    GDP, employment and inflation are a Holy Trinity of economic indicators. However, reports on consumer activity are also extremely important for the financial markets. It is not surprising: consumers are the ultimate rulers of the economy and their actions affect GDP, corporate profits and stock prices, labor market, inflation, the housing market and so on. There are several ways of measuring consumer activity, but it is the Personal Income and Outlays report that is the most widely watched

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