Starting with macro-related alternative data, we investigate the appeal of web search data to predict macroeconomic indicators which in academic literature shows some promising results.
Trade nowcasting indicators provide valuable insights into international trade and industrial production.
The data provides unparalleled granularity on shipping trends in a very timely fashion. This has demonstrated a strong relationship with multiple economic variables including trade balances and company revenues.
There are several advantages to using search data as a determinant of economic activity. The data is very timely, it has over 10 years of history, it is unique and offers unparalleled flexibility in terms of variety issues that can be analyzed.
Trade nowcasting indicators provide valuable insights into international trade and industrial production.
Card spend on new houses increased across all Tier cities in September 2016, according to Eagle Alpha’s Chinese credit card data partner.
Eagle Alpha has spent over 2 years perfecting proprietary indices using a Principal Component Analysis (PCA) approach.
While traditionally considered a relatively safe investment, recent municipal bankruptcies and defaults have resulted in restructurings of bond obligations.
