Activities You Can Take Advantage Of In The Pre-Market And After-Hours Trading Sessions | Investopedia
Economic indicators are a main driver of price action in the pre-market trading session. A majority of important economic releases are issued at 8:30am EST, an hour before the New York open. Market reaction to the data can cause substantial price moves and set the trading tone for the day.
The U.S. Employment Report, issued by the Bureau of Labor Statistics on the first Friday of every month at 8:30am EST, is the release with the highest impact on the market.
Using Base Metals As An Economic Indicator | Investopedia
Copper, zinc, aluminum, steel, tin and lead are the common base metals.
"Investors who want to know where global economies are headed should keep an eye on base metals. Base metals are a great precursor for signaling economic growth. They are used by many professional traders as a leading economic indicator. Famed trader Dennis Gartman has been known to watch copper, steel and aluminum indexes to judge the appetite of consumers around the world. Gartman stated that many base metals "moved downwards long before the data signaled weakness in the global economy."
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