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Macro Data API Endpoints πŸ“ˆ

A complete, categorized index of all economic and financial time-series data available via the FXMacroData API.

For interactive testing, view the full API documentation: Open Swagger Docs

Economy

Gross Domestic Product (GDP) Growth

Measures the quarterly change in the inflation-adjusted value of all goods and services produced. GDP is the primary gauge of economic health. Strong, rising GDP typically leads to higher interest rate expectations and is generally bullish for the domestic currency (e.g., USD, EUR, AUD, GBP) in Forex trading, as it attracts capital inflows. Weak GDP growth signals recession risk and is typically bearish for the currency.

Data Endpoints by Currency:

Frequency: Quarterly, Unit: Index, Quarterly Change

Inflation Rate (CPI/HICP)

Measures the year-over-year percentage change in the Consumer Price Index (CPI) or Harmonised Index of Consumer Prices (HICP). Inflation is the single most important factor driving Central Bank policy decisions. If inflation is above target, it suggests the Central Bank will raise interest rates (Hawkish), which is strongly bullish for the currency. If inflation is below target, it suggests rate cuts (Dovish), which is bearish.

Trade Balance

The difference between the value of a country's exports and imports of goods and services. A Trade Surplus (exports > imports) means foreigners need to buy the domestic currency to pay for the country's goods, creating demand for the currency (e.g., USD, EUR, AUD, GBP). A growing surplus is typically bullish for the currency, while a widening deficit is bearish.

Current Account Balance

Measures trade in goods and services, primary income (e.g., interest and dividends), and secondary income (e.g., remittances). It is a broader measure of international financial flows than the Trade Balance. A surplus implies the country is a net creditor to the world, leading to consistent demand for the currency and is generally bullish for long-term currency strength.

Labor Market

Unemployment Rate

The percentage of the total labor force that is unemployed but actively seeking employment. A low unemployment rate is a key Central Bank mandate and signals tight labor market conditions, often leading to wage inflation. Falling unemployment is bullish for the domestic currency as it increases the likelihood of higher interest rates.

Employment Level

The total number of employed persons in the economy. Rising employment is a direct indicator of economic expansion. Traders watch for increases, as they validate strong GDP and inflation outlooks, typically resulting in support for the currency.

Data Endpoints by Currency:

Frequency: Monthly, Unit: Thousands of Persons (SA)

Full-Time Employment

Total number of persons employed full-time. Full-time job creation is a sign of robust and sustainable business confidence. Higher-than-expected full-time employment numbers are generally bullish for the currency as they signal labor market strength and future income growth.

Data Endpoints by Currency:

Frequency: Monthly, Unit: Thousands of Persons (SA)

Part-Time Employment

Total number of persons employed part-time. While part-time gains add to the employment level, excessive reliance on part-time employment can signal economic weakness or underutilization of the labor force. The ratio of full-time to part-time employment is key for assessing the quality of labor market recovery.

Data Endpoints by Currency:

Frequency: Monthly, Unit: Thousands of Persons (SA)

Labor Force Participation Rate

The ratio of the labor force (employed and unemployed) to the total working-age population. A rising participation rate is crucial for sustainable economic growth. It indicates more people are confident enough to look for work. A persistent decline can signal long-term structural labor issues, which is bearish for the currency.

Non-Farm Payrolls (NFP)

The measure of the number of workers in the U.S. excluding farm workers and those who work in private households or non-profit organizations. NFP is arguably the most market-moving data point in Forex. A significantly higher-than-expected number is seen as confirming economic strength and is extremely bullish for the USD, often leading to sharp moves against other currencies.

Data Endpoints by Currency:

Frequency: Monthly, Unit: Thousands of Persons (SA)

Monetary Policy

Central Bank Policy Rate

The primary interest rate set by the Central Bank (e.g., Fed Funds Rate, ECB Refi Rate, RBA Cash Rate, BoE Bank Rate). The policy rate is the biggest driver of currency valuations in the long term. Higher rates attract foreign investment, increasing demand for the currency and making it bullish. Forex traders constantly attempt to predict changes in this rate to position their trades.

Interbank Rate / Overnight Rate

The rate banks charge each other for overnight lending (e.g., SOFR, €STR, SONIA). This rate closely tracks the Central Bank's policy rate and reflects immediate liquidity conditions in the money market. Deviations from the policy rate can signal unexpected stress or excess liquidity, providing real-time insight into the Central Bank's operations.

Government Bond Yields

2-Year Government Bond Yield

The yield on 2-year government bonds. This is highly sensitive to Central Bank policy expectations over the near term (2 years). A rising 2-year yield signals markets expect the Central Bank to hike rates, which is typically bullish for the currency. It is often used to trade interest rate differentials between two economies.

3-Year Government Bond Yield

The yield on 3-year government bonds. Similar to the 2-year, this yield reflects medium-term interest rate policy expectations. It provides an additional layer of insight into where the market believes the Central Bank's rate cycle will peak or bottom.

5-Year Government Bond Yield

The yield on 5-year government bonds. This yield incorporates both short-term policy and early signs of structural growth trends. It is a key part of the yield curve, and its changes are used by traders to forecast potential shifts in economic fundamentals and policy paths, impacting Forex outlooks.

10-Year Government Bond Yield

The benchmark long-term yield for sovereign debt. This yield is a proxy for long-term growth potential and structural inflation expectations in the economy. A higher 10-year yield relative to peers is a strong long-term bullish signal for the currency, as it represents higher expected returns for long-term investors.

Inflation-Linked Bond Yield

The real yield on inflation-indexed government bonds (e.g., TIPS in the US). This yield measures the 'real' cost of borrowing, independent of inflation. The difference between the nominal bond yield and the inflation-linked bond yield (the breakeven inflation rate) is a crucial metric that directly reflects market expectations of future inflation, which strongly influences Central Bank policy and, consequently, the currency's value.