Economic Dashboard
The Economic Dashboard provides a comprehensive view of global macroeconomic data, forex markets, and risk metrics. This powerful tool helps you monitor currency exchange rates, track key economic indicators, and assess market risk across different countries and regions.
Overview
The Economic Dashboard is organized into three main sections:
- Forex Markets: Real-time currency pair charts and exchange rates
- Economic Indicators: Key macroeconomic metrics with historical trends
- Market Risk Premium: Country-specific risk assessment metrics
This dashboard helps you:
- Monitor global currency movements and identify trends
- Track critical economic data that drives market sentiment
- Assess country-specific risk factors for international investments
- Understand macroeconomic conditions that impact financial markets
- Identify potential correlations between currencies and economic indicators
Key Components
Forex Markets
The Forex Markets section displays interactive charts for major currency pairs:
- Time Period Selection: Toggle between different timeframes (1W, 1M, 3M, 6M, 1Y, 5Y)
- Currency Pairs: Six major forex pairs displayed in a grid layout:
- EUR/USD (Euro/US Dollar)
- GBP/USD (British Pound/US Dollar)
- JPY/USD (Japanese Yen/US Dollar)
- CHF/USD (Swiss Franc/US Dollar)
- CNY/USD (Chinese Yuan/US Dollar)
- AUD/USD (Australian Dollar/US Dollar)
Each currency pair card includes:
- Currency Names: Full name of each currency (e.g., "Euro" for EUR)
- Current Exchange Rate: Latest price (e.g., 1.0803 for EUR/USD)
- Percentage Change: Daily change with color coding (e.g., +0.15% in green)
- Price Chart: Line chart showing historical exchange rate movements
- Time Scale: Date markers along the bottom of each chart
- Price Scale: Exchange rate values along the right side
- Current Value Indicator: Highlighted current exchange rate (e.g., 1.08 for EUR/USD)
The forex charts help you:
- Identify currency trends across different timeframes
- Compare relative strength between major currencies
- Spot potential trading opportunities
- Understand currency impacts on international investments
- Monitor central bank policy effects on exchange rates
Economic Indicators
The Economic Indicators section provides detailed charts and metrics for key macroeconomic data:
-
Real GDP: Gross Domestic Product with growth rate
- Current value: 23,536.293 Billion $
- Percentage change: +0.58%
- Historical trend line showing growth over time
-
Inflation Rate: Consumer price inflation metrics
- Current value: 4.116%
- Percentage change: -48.56%
- Historical trend line showing inflation fluctuations
-
Unemployment Rate: Labor market health indicator
- Current value: 4%
- Percentage change: -2.44%
- Historical trend line showing employment conditions
-
Federal Funds Rate: Central bank interest rate
- Current value: 4.33%
- Percentage change: 0.00%
- Historical trend line showing monetary policy changes
-
Retail Sales: Consumer spending indicator
- Current value: 625,280 Million $
- Percentage change: -1.16%
- Historical trend line showing consumption patterns
-
Durable Goods: Manufacturing sector health
- Current value: 286,089 Million $
- Percentage change: +3.15%
- Historical trend line showing production trends
-
Consumer Price Index: Inflation measurement
- Current value: 319.086 Index
- Percentage change: +0.47%
- Historical trend line showing price level changes
-
Nonfarm Payroll: Employment growth metric
- Current value: 159,069 Thousand
- Percentage change: +0.09%
- Historical trend line showing job creation trends
Each economic indicator includes:
- Metric Name: Clear identification of the economic measure
- Current Value: Latest reported figure with appropriate units
- Percentage Change: Recent change with color coding (green for positive, red for negative)
- Chart: Historical trend line showing data over time
- Time Scale: Date markers showing the measurement period
- Value Scale: Metric values along the right side of each chart
- Current Value Indicator: Highlighted current value on the chart
Market Risk Premium
The Market Risk Premium section provides risk assessment metrics for major global economies:
- Premium by Country: Grid of country-specific risk metrics
- Countries Included:
- China (Asia)
- Japan (Asia)
- United Kingdom (Europe)
- Australia (Oceania)
- Canada (North America)
- Germany (Europe)
- Switzerland (Europe)
- United States (North America)
Each country entry includes:
- Country Name: Nation being assessed
- Region/Continent: Geographic classification
- Total Premium: Overall risk premium percentage (e.g., 5.27% for China)
- Country Risk: Country-specific risk component (e.g., 0.94% for China)
This section helps investors:
- Compare relative investment risks across different countries
- Assess risk premiums required for international investments
- Identify countries with higher or lower risk profiles
- Make informed decisions about global asset allocation
- Understand regional risk patterns and correlations
How to Use the Economic Dashboard
Monitoring Currency Markets
- Track Exchange Rates: Monitor the Forex Markets section to stay informed about currency movements
- Compare Timeframes: Toggle between different time periods to identify short and long-term trends
- Assess Relative Strength: Compare different currency pairs to understand relative performance
- Identify Correlations: Look for relationships between currency movements and economic indicators
Analyzing Economic Conditions
- Monitor Key Metrics: Regularly check the Economic Indicators section to understand macroeconomic conditions
- Track Growth Indicators: Focus on Real GDP, Retail Sales, and Durable Goods to assess economic growth
- Watch Inflation Signals: Monitor Inflation Rate and Consumer Price Index for price stability insights
- Assess Monetary Policy: Follow the Federal Funds Rate to understand central bank positioning
- Evaluate Labor Market: Track Unemployment Rate and Nonfarm Payroll to gauge employment conditions
Evaluating Investment Risk
- Compare Country Risk: Use the Market Risk Premium section to assess relative risk across countries
- Regional Analysis: Group countries by continent to identify regional risk patterns
- Risk-Adjusted Returns: Factor in country risk premiums when evaluating international investments
- Portfolio Diversification: Use risk metrics to inform geographic diversification decisions
Data Sources and Refresh Rates
- Forex Data: Real-time or slightly delayed exchange rates from global currency markets (refreshes every 150ms)
- Economic Indicators: Official government and central bank data, updated as new reports are released:
- GDP: Quarterly updates
- Inflation: Monthly updates
- Unemployment: Monthly updates
- Federal Funds Rate: Updates following Federal Reserve meetings
- Retail Sales: Monthly updates
- Durable Goods: Monthly updates
- CPI: Monthly updates
- Nonfarm Payroll: Monthly updates
- Market Risk Premium: Calculated based on sovereign bond yields, equity risk premiums, and country risk assessments, updated weekly