MDS / MACRO GUIDE
Behind the number -
meaning.
A macro reference for traders.
What was released, how to read it and what to watch.
01
Gold Benchmark
Session outlook, daily context and calculation limitations
02
US100 Benchmark
Daily scenario, US500 and release risk
03
Inflation
Prices → rate expectations → currency
04
Employment and the economy
Demand strength, jobs and revisions
NFPUS nonfarm payroll employment🇺🇸 United StatesADPUS private employment🇺🇸 United StatesJobless ClaimsUS benefit claims🇺🇸 United StatesJobless Claimsunemployment benefit claimsGeneral conceptUnemploymentthe unemployed share of the labour forceGeneral conceptWagesemployee payGeneral conceptGDPthe size of the economyGeneral conceptPMIbusiness activityGeneral conceptRetail Salesretail turnoverGeneral conceptTICUS international capital flows🇺🇸 United States
05
Central banks
Decisions, votes and the policy path
FOMCUS Federal Reserve decision🇺🇸 United StatesBoEBank of England🇬🇧 United KingdomBoJBank of Japan🇯🇵 JapanECBthe euro area's central bank🇪🇺 Euro areaHawkish / Dovishcentral bank policy toneGeneral conceptDot plotFed participants' projectionsGeneral conceptQE / QTchanges in a central bank's balance sheetGeneral concept
06
Bonds and yields
Distinguish bond prices, yields and policy rates
07
How to read a news release
Expectations, units and execution conditions