Forex Economic Calendar
| Impact | Actual | Forecast | Previous | Time | Date |
|---|---|---|---|---|---|
| Med | -3.85 | -3.30 | -3.42 | 09:00 | 1/31 |
Source
Definition
S&P Case-Shiller Home Price measures the change in residential housing market prices in the US. It tracks changes in the value of real estate in 20 metropolitan areas.
Frequency
Monthly
Why should I care?
S&P Case-Shiller Home Price is considered a leading indicator of the housing market. Higher house prices usually mean more housing demand, which signals consumer confidence and spending capability.
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
