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| author | nic <ra@afu.re> | 2024-08-09 12:25:47 -0400 |
|---|---|---|
| committer | nic <ra@afu.re> | 2024-08-09 12:25:47 -0400 |
| commit | f3cd4459702a1442f46f0e70af212c64ab047d23 (patch) | |
| tree | 5083daf48b4140d2442e2a1e4bbb15564c6e8755 /Finance/Fundamentals/Euro Econ Sentiment (ESI).md | |
| parent | 955f0f1b28e5252b412a1aae5700116311e70a16 (diff) | |
Auto from nzxt - Fri 09 Aug 2024 12:25:47 PM EDT
Diffstat (limited to 'Finance/Fundamentals/Euro Econ Sentiment (ESI).md')
| -rw-r--r-- | Finance/Fundamentals/Euro Econ Sentiment (ESI).md | 23 |
1 files changed, 23 insertions, 0 deletions
diff --git a/Finance/Fundamentals/Euro Econ Sentiment (ESI).md b/Finance/Fundamentals/Euro Econ Sentiment (ESI).md new file mode 100644 index 0000000..d845f93 --- /dev/null +++ b/Finance/Fundamentals/Euro Econ Sentiment (ESI).md @@ -0,0 +1,23 @@ +European Economic Sentiment Indicator (ESI) + +ESI is not like PMI where above 50 is growth, instead we look at the long term trend line and wether europa is forecasted to grow above or below long term trend. + +| Survey - Confidence Indicator | Weight | +| (INDU) Industrial | 40% | +| (SERV) Service | 30% | +| (CONS) Consumer | 20% | +| (RETA) Retail Trade | 5% | +| (BUIL) Construction | 5% | +| (ESI) | 100% | + + +INDU = Equivalent of ISM PMI +SERV = Equivalent of ISM NMI +CONS = Equivalent of UMCSI +BUIL = Equivalent of Building Permits + + +Source: +Release on the last business of each month for the same month + + |