LAW OF SUPPLY AND DEMAND
An economic theory that shows the relationship between the supply of a certain resource and the demand for that. Generally speaking, if there is a low supply and a high demand for a commodity, there will be a price increase. But, if there is a higher supply and a lower demand, the price decreases. This law defines the availability of a product and the desire for that product on price.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:02 | Trade Balance | Nov | |
| 07:00 | Economy Watchers Survey | Nov | |
| 09:00 | Industrial Production | Oct | |
| 10:00 | SECO Consumer Confidence | Nov | |
| 11:30 | Sentix Investor Confidence | Dec | |
| 01:50 | M2 Money Supply + CD | Nov | |
| 02:01 | BRC Retail Sales Monitor | Nov | |
| 02:30 | NAB Business Confidence | Nov | |
| 05:30 | RBA Interest Rate Decision | Dec |
