Forex Dictionary

KOF Economic Barometer

KOF Economic Barometer

Measures Level of a composite index based on 25 economic indicators; Usual Effect Actual > Forecast = Good for currency; Frequency Released monthly, around the end of the current month; FF Notes This index is designed to predict the direction of the economy over the following 6 months. The impact tends to be significant but varies from month to month; Derived Via Combined reading of 25 economic indicators related to employment, production, new orders, consumer confidence, housing, stock prices, money supply, and interest rate spreads; Also Called KOF Leading Indicators, Konjunkturbarometer;