From f3cd4459702a1442f46f0e70af212c64ab047d23 Mon Sep 17 00:00:00 2001 From: nic Date: Fri, 9 Aug 2024 12:25:47 -0400 Subject: Auto from nzxt - Fri 09 Aug 2024 12:25:47 PM EDT --- Finance/Fundamentals/Euro Econ Sentiment (ESI).md | 23 +++++++++++++++++++++++ 1 file changed, 23 insertions(+) create mode 100644 Finance/Fundamentals/Euro Econ Sentiment (ESI).md (limited to 'Finance/Fundamentals/Euro Econ Sentiment (ESI).md') diff --git a/Finance/Fundamentals/Euro Econ Sentiment (ESI).md b/Finance/Fundamentals/Euro Econ Sentiment (ESI).md new file mode 100644 index 0000000..d845f93 --- /dev/null +++ b/Finance/Fundamentals/Euro Econ Sentiment (ESI).md @@ -0,0 +1,23 @@ +European Economic Sentiment Indicator (ESI) + +ESI is not like PMI where above 50 is growth, instead we look at the long term trend line and wether europa is forecasted to grow above or below long term trend. + +| Survey - Confidence Indicator | Weight | +| (INDU) Industrial | 40% | +| (SERV) Service | 30% | +| (CONS) Consumer | 20% | +| (RETA) Retail Trade | 5% | +| (BUIL) Construction | 5% | +| (ESI) | 100% | + + +INDU = Equivalent of ISM PMI +SERV = Equivalent of ISM NMI +CONS = Equivalent of UMCSI +BUIL = Equivalent of Building Permits + + +Source: +Release on the last business of each month for the same month + + -- cgit v1.2.3