Before you start
What this module changes in your trading process.
You can read a research note without stopping at every key term.
CPINFPPMIHawkishDovishReal yieldPositioningSafe haven
A quick reference for fundamental, macro, central bank, and risk sentiment terms that appear regularly in Metavulus research.
Module outline
Before you start
You can read a research note without stopping at every key term.
Lesson 1
Memahami istilah ekonomi yang paling sering dipakai trader.
CPI mengukur inflasi konsumen. Core CPI menghapus komponen volatile seperti makanan dan energi. NFP membaca perubahan pekerjaan di Amerika.
PMI memberi sinyal aktivitas bisnis. Retail sales membaca konsumsi. GDP membaca output ekonomi tetapi sering lebih lagging dibanding data bulanan.
Forecast dan previous selalu penting karena market bereaksi terhadap perubahan ekspektasi.
Example
CPI headline turun tetapi Core CPI sticky bisa tetap dianggap hawkish.
Key points
Practice checkpoint
Tulis definisi satu kalimat untuk CPI, NFP, PMI, GDP, dan retail sales.
Before continuing
Lesson 2
Membedakan hawkish, dovish, guidance, terminal rate, dan cut pricing.
Hawkish berarti bank sentral cenderung ketat karena inflasi atau overheating. Dovish berarti bank sentral lebih mendukung growth atau pelonggaran.
Forward guidance adalah sinyal tentang arah kebijakan berikutnya. Terminal rate adalah level puncak suku bunga yang diperkirakan market atau bank sentral.
Cut pricing berarti market mulai menghitung kemungkinan penurunan suku bunga.
Example
Hold rate bisa tetap hawkish jika bank sentral menyatakan inflasi belum cukup turun.
Key points
Practice checkpoint
Cari satu komentar bank sentral dan tandai kata yang hawkish atau dovish.
Before continuing
Lesson 3
Memahami terms seperti risk-on, safe haven, yield, real yield, dan positioning.
Yield adalah imbal hasil obligasi. Real yield memperhitungkan inflasi. Gold sering sensitif terhadap real yield dan risk premium.
Safe haven adalah aset atau currency yang dicari saat ketidakpastian tinggi, seperti USD, JPY, CHF, atau gold tergantung rezim.
Positioning menggambarkan bagaimana pelaku pasar sudah terpapar. Positioning yang terlalu ramai bisa memperbesar reversal.
Example
Gold bisa naik saat real yield turun, atau saat geopolitical risk premium meningkat.
Key points
Practice checkpoint
Tulis lima istilah market yang paling sering kamu lihat di riset dan buat definisi sendiri.
Before continuing
Fieldwork
Build a personal mini glossary of 25 terms you encounter while reading the Digest.
Glossary
Checkpoint quiz
Quiz results can add XP when you are signed in.
Progress action
Marking complete saves the module, updates streak activity, and awards XP only once per module.
Previous module
A framework for comparing currencies across policy stance, growth, inflation, yield differential, positioning, and event risk.
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Risk note: Metavulus learning content is for education and market preparation only. It is not financial advice, investment advice, or a trading recommendation.