Track the UK CB Leading Index m/m to gauge future economic trends, despite its subtle market impact.
This index aims to forecast economic direction, though its influence is often limited as most of the indicators used have already been published.
What it Measures
Change in the level of a composite index derived from seven economic indicators.
Usual Effect
'Actual' results exceeding 'Forecast' are favorable for the currency.
Source & Frequency
The Conference Board Inc. (latest release) - https://www.conference-board.org/ • Published monthly, approximately 45 days after the conclusion of the month.
How Data is Derived
Combined reading of 7 economic indicators related to production, new orders, consumer confidence, stock prices, and interest rate spreads
Also Known As
Leading Indicators
Acronym
The Conference Board (CB)