As a trader, have you ever wondered …
How much volatility an economic event such as, say, the US Advance GDP release, has generated in the past? Not just some yellow-orange-red indicators, but with exact averages calculated from financial data, so that they can be ranked and compared?
How wrong economists’ consensus predictions were of, say, US CPI in the latest round, relative to the average of all other times?
- How to group all economic events related to, say, inflation, together to see whether economists’ predictions as a whole are diverging from actual values?
How the US dollar has reacted historically to a better-than or worse-than expected US nonfarm employment report?
These are the types of questions we aim to explore at EcoFinLab.