Forex Economic Calendar
# Revised
Better / Worse
Units: k
| Impact | Actual | Forecast | Previous | Time | Date |
|---|---|---|---|---|---|
| Med | 472.00 | 475.00 | 478.00 | 07:30 | 9/2 |
Source
Definition
The report counts the number of individuals who have filed for state unemployment benefits during the previous week.
Frequency
Weekly
Why should I care?
An increase in jobless claims signals slow job growth and additional unemployment. The lack of jobs can affect the consumer spending and confidence.
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
