Citi Economic Surprises

Citi Economic Surprises is a long-standing series published by Citi’s FX research department to gauge whether the economy is “beating expectations” of economic forecasters - this is very much the concept of a company beating analyst expectations, applied to a whole economy.

Several economic indicators are included in the basket and the weights are based on the impact that economic surprises have on FX crosses.

Economic surprises are meant to be used mostly in FX trading, but most investors use them to gauge whether the economy is on an uptrend or downtrend for broader economic allocation.