Forex Economic Calendar
# Revised
Better / Worse
Units: % m/m
| Impact | Actual | Forecast | Previous | Time | Date |
|---|---|---|---|---|---|
| Med | 0.10 | 0.10 | 07:30 | 8/3 |
Source
U.S. Bureau of Economic Analysis
Definition
Change in the price of goods and services excluding food and energy
Frequency
Monthly
Why should I care?
Since the PCE is more closely watched by the Fed than the CPI, a rise in PCE can signal inflationary pressures for an interest rate hike.
USD
SMQ
Help
The OlsenScale (SMQ)
The Olsen Scale quantifies the market activity according to the Scale of Market Quakes (SMQ).
Similar to the Richter scale which measures the release of seismic energy during an earthquake, the SMQ relates excessive pricing along various price and time scales to historical data by assigning a single number to it. On a constant basis, the scale therefore characterizes the state of the market.
For more information visit OlsenScale.com
