An economic indicator that shows the current state of the economy of a particular area. The GDP, for example, is one of the most significant coincident indicators.
Did you know?
U.S. President Richard Nixon is credited with enabling a free-floating currency system after ending the Bretton Woods Accord.
Word of the day
"Risk Aversion" - The reluctance or unwillingness to take what are considered to be risky positions.
It’s usually better to avoid trading when market activity is low.