Tue Aug 12, 9:00pm (GMT +7:00) : USD : Low Impact Expected : IBD/TIPP Economic Optimism

Source Investor's Business Daily (latest release)

Measures Level of a diffusion index based on surveyed consumers;

Usual Effect Actual > Forecast = Good for currency;

Frequency Released monthly, around the second week of the current month;

Next Release Sep 9, 2008

FF Notes Above 50.0 indicates optimism, below indicates pessimism;

Derived Via Survey of about 900 consumers which asks respondents to rate the relative level if economic conditions including six-month economic outlook, personal financial outlook, and confidence in federal economic policies;

Also Called IBD/TIPP Consumer Confidence;

Acronyms Investor's Business Daily (IBD), TechnoMetrica Institute of Policy and Politics (TIPP);