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According to the Composite Leading Business Cycle Indicator in South Africa, real economic activity is being tracked to track the movement in which it is moving in real-time. Among the components used in its calculation are: building plans approved, new passenger vehicles sold, commodity price index for main export commodities, index of prices of all classes of shares traded on the JSE, job advertisements, the volume of orders in manufacturing, real M1, average hours worked per factory worker in manufacturing, interest rate spread, composite leading business cycle indicator of main trading partners, business confidence index, gross operating surplus as a percentage of gross domestic product. As of 2010, the index has a base value of 100.

A higher than expected figure should be seen as positive (bullish) for the ZAR while a lower than expected figure should be seen as negative (bearish) for the ZAR.

Category:  Leading Economic Index
Units:  Percent
Details
Impact: Low
Country:
Currency: ZAR
Latest Release
Previous: 0.4%
Consensus: -1%
Actual: 0.6%
Next Release
Date: Dec 19, 07:00
Time left: 7 days
Consensus: 0.3%

Forex Sentiment (ZAR)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
USDZAR
18.1593
-9119 pips
18.5624
+5088 pips
19.0712
Symbol Action Percentage Volume Positions
USDZAR Short 97% 24.87 lots 65
Long 3% 0.80 lots 10
0% of traders are currently trading USDZAR.
EURZAR
18.8541
-16877 pips
19.7217
+8201 pips
20.5418
Symbol Action Percentage Volume Positions
EURZAR Short 99% 9.65 lots 375
Long 1% 0.05 lots 5
0% of traders are currently trading EURZAR.
ZARJPY
7.7540
+10 pips
7.9467
-29 pips
7.6558
Symbol Action Percentage Volume Positions
ZARJPY Short 0% 0.01 lots 1
Long 100% 5.09 lots 55
0% of traders are currently trading ZARJPY.