Monitor the AU CB Leading Index m/m to gauge future economic trends, despite its subtle impact.
This index aims to forecast economic trends, though its influence is often limited since most indicators utilized in its calculation are published beforehand.
What it Measures
It reflects changes in the level of a composite index derived from seven economic indicators.
Usual Effect
When the 'Actual' figure exceeds the 'Forecast', it is generally positive for the currency.
Source & Frequency
The Conference Board Inc. (latest release) - https://www.conference-board.org/ • The index is published monthly, approximately 50 days after the end of the relevant month.
How Data is Derived
Combined reading of 7 economic indicators related to money supply, building approvals, profits, exports, inventories, and interest rate spreads
Also Known As
Leading Indicators
Acronym
The Conference Board (CB)