Forex Economic Calendar
# Revised
Better / Worse
Units: k
| Impact | Actual | Forecast | Previous | Time | Date |
|---|---|---|---|---|---|
| Low | -73.80 | 02:00 | 9/2 |
Source
Instituto Nacional de Estadistica
Definition
The change in the number of unemployed workers in Spain during the previous month.
Frequency
Monthly. Usually released during the first week of the month.
Why should I care?
The number of unemployed workers is an important signal of overall economic activity since consumer spending is greatly correlated with labor-market conditions.
EUR
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
