LOGARITHMIC PRICE SCALE
A price scale used on a chart that is plotted in such a way the two equal percent changes are described by the similar vertical distance on the scale, regardless what the asset price is when the change happens. There is few distance between the numbers when there is an increment in the underlying asset. Slight increases are not as significant as the price grows.
Also called log scale.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
