Forex Economic Calendar
| Impact | Actual | Forecast | Previous | Time | Date |
|---|---|---|---|---|---|
| Low | 3.10 | 3.10 | 3.10 | 18:50 | 2/8 |
Source
Definition
The total amount of money in circulation in the economy at a particular time. M2 is a measure that reflects money's function as a store of value. It is comprised of notes and coins in circulation, other checkable deposits, and savings and time deposits.
Frequency
Monthly. At the end of the following month.
Why should I care?
The report shows the immediate effect of monetary policies and usuallyhints at the future direction of inflation. Higher figures are usually inflationary.
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
