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Prelim GDP

Perlim GDP Prelim GDP” refers to Preliminary Gross Domestic Product, which is the initial or first estimate of Gross Domestic Product (GDP) for a specific period, such as a quarter (three months) or a year. GDP is a crucial measure of a country’s economic activity, encompassing the total value of all goods and services produced …

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ISM Services PMI

ISM Services PMI The ISM Services Purchasing Managers’ Index (PMI) is an economic indicator published by the Institute for Supply Management (ISM) in the United States. It measures the activity level of the non-manufacturing sector, which includes services such as retail, real estate, healthcare, and other industries. The ISM Services PMI is based on a …

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Federal Funds Rate

Federal Funds Rate The Federal Funds Rate is the interest rate at which banks lend funds to each other overnight in the United States. It is one of the most important benchmark interest rates in the U.S. financial system. The Federal Open Market Committee (FOMC) of the Federal Reserve sets the target for the federal …

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Doji candlestick

Doji candlestick A Doji candlestick is a type of candlestick pattern that is commonly used in technical analysis of financial markets, especially in trading. It is characterized by its unique appearance, where the opening and closing prices of an asset are very close to each other, often nearly the same or with only a small …

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Overnight Rate

Overnight Rate The overnight rate, also known as the federal funds rate in the United States, is the interest rate at which banks lend and borrow money among themselves on an overnight basis. It is a key monetary policy tool used by central banks to influence the overall level of interest rates and control the …

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