Fundamental data comes in many different shapes and size, and is available from many different sources.

The CPI or consumer price index is a key economic indicator and measure of inflation and, just like GDP, one that is watched by all central banks and governments for signs as to the level of inflation in an economy, and is therefore a guide to future interest rates.

The KOF Swiss Economic Institute defines itself as one of the leading economic think tanks in Switzerland, and whilst this may appear somewhat egotistical, nevertheless this is one of the most important releases for Switzerland and the swiss franc, and the term economic barometer defines this well.

But which are the principle exchanges, and which indices do we need monitor, and what do they tell us about the money flow.

Staying with the commodity currencies, although New Zealand is a relatively small country, it retains a strong and vibrant export market.

In broad terms a market can only move in one of three ways, up, down or sideways.

By contrast the distribution phase is, of course, the exact opposite of the accumulation phase.

There are very few things I can guarantee in trading, but here is one.

It is one of the many ironies of life that we learn infinitely more from our mistakes and painful experiences than we do from our successes.

Every decision taken by every investor, trader or speculator, in every financial market everywhere in the world is about money. Nothing else – just money.