{"id":722876,"date":"2023-09-28T18:52:48","date_gmt":"2023-09-28T15:52:48","guid":{"rendered":"https:\/\/www.etoro.com\/investing\/economic-factors\/"},"modified":"2026-03-17T16:54:52","modified_gmt":"2026-03-17T14:54:52","slug":"economic-factors","status":"publish","type":"page","link":"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/","title":{"rendered":"Factorii economici \u0219i cuantificarea lor"},"content":{"rendered":"\n<p class=\"is-style-summary\">Cunoa\u0219terea factorilor economici \u0219i a modului \u00een care ace\u0219tia influen\u021beaz\u0103 sectoarele economice le permite investitorilor s\u0103 anticipeze trendurile pie\u021belor financiare. Descoper\u0103 principalii factori economici, metodele de cuantificare \u0219i impactul lor asupra diferitelor clase de active.<\/p>\n\n\n\n\n\n\n<hr class=\"wp-block-separator wp-block-separator-color-dark-grey wp-block-separator-spaces-medium wp-block-separator-weight-1\"\/>\n\n\n\n<p>Factorii economici joac\u0103 un <strong>rol semnificativ \u00een modelarea pie\u021belor financiare<\/strong> \u0219i a deciziilor de investi\u021bii. Prin monitorizare, cuantificarea acestora \u0219i analizarea diferi\u021bilor indicatori economici, investitorii pot face alegeri informate, identific\u00e2nd tendin\u021bele pie\u021bei \u0219i aloc\u00e2nd capital \u00een mod eficient.<\/p>\n\n\n\n<p>Exist\u0103 o gam\u0103 divers\u0103 de indicatori precum PIB-ul, infla\u021bia, \u0219omajul, care <strong>influen\u021beaz\u0103 stabilitatea economic\u0103, alegerile de investi\u021bii \u0219i politicile guvernamentale<\/strong>. \u00cen\u021belegerea acestor factori este esen\u021bial\u0103 pentru a lua <a href=\"https:\/\/www.etoro.com\/ro\/investing\/why-should-i-start-investing\/\">decizii investi\u021bionale informate<\/a> \u0219i pentru a previziona tendin\u021bele pie\u021bei.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Economic-Factors-and-How-To-Measure-Them-Body-Image-1_-What-are-economic-factors_-4.png\" alt=\"\" class=\"wp-image-723436 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Economic-Factors-and-How-To-Measure-Them-Body-Image-1_-What-are-economic-factors_-4.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Economic-Factors-and-How-To-Measure-Them-Body-Image-1_-What-are-economic-factors_-4-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Ce sunt factorii economici?<\/h2>\n\n\n\n<p>Factorii economici influen\u021beaz\u0103 deciziile la nivel micro, precum <a href=\"https:\/\/www.etoro.com\/ro\/trading\/how-to-choose-a-trading-strategy\/\">strategiile de investi\u021bii<\/a> \u0219i pre\u021burile, \u0219i rezultatele la nivel macro, precum stabilitatea \u0219i cre\u0219terea economic\u0103. Factorii macro \u0219i microeconomici au <strong>un impact major asupra profitabilit\u0103\u021bii \u0219i eficien\u021bei opera\u021bionale ale unei companii.<\/strong><\/p>\n\n\n\n<p>Factorii economici pot fi<strong> clasifica\u021bi \u00een dou\u0103 categorii:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>Factori sub control guvernamental<\/strong> \u2014 <strong>Elemente direct influen\u021bate de politicile guvernelor \u0219i ale b\u0103ncilor centrale<\/strong>. Ace\u0219tia includ politici fiscale (impozitare \u0219i cheltuieli guvernamentale), politici monetare (ratele dob\u00e2nzilor \u0219i masa monetar\u0103), politici comerciale (tarife \u0219i acorduri comerciale).<\/li>\n\n\n\n<li><strong>Factori socio-economici <\/strong>\u2014 <strong>Variabile care nu sunt controlate direct de guverne<\/strong>, dar afecteaz\u0103 dinamica pie\u021bei, cererea consumatorilor \u0219i <a href=\"https:\/\/www.etoro.com\/ro\/trading\/trend-trading\/\">tendin\u021bele<\/a> economice pe termen lung. Ace\u0219tia includ comportamentul<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat: <\/strong>Folose\u0219te <a href=\"https:\/\/www.etoro.com\/ro\/trading\/economic-calendar\/\">calendarul economic<\/a> pentru a urm\u0103ri publicarea rapoartelor referitoare la PIB, \u0219omaj \u0219i deciziile b\u0103ncii centrale privind ratele dob\u00e2nzii.<\/p>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Cei mai cunoscu\u021bi factori economici<\/h2>\n\n\n\n<p>Exist\u0103 mai mul\u021bi factori economici care <strong>pot influen\u021ba diferit anumite sectoare<\/strong> \u0219i portofoliile investi\u021bionale. \u00cen\u021beleg\u00e2nd cum func\u021bioneaz\u0103, \u00een ce m\u0103sur\u0103 interac\u021bioneaz\u0103 \u0219i ce impact au, <a href=\"https:\/\/www.etoro.com\/ro\/investing\/what-type-of-investor-are-you\/\">investitorii<\/a> pot lua decizii informate.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Politica monetar\u0103<\/h3>\n\n\n\n<p><a href=\"https:\/\/www.bnr.ro\/Politica-monetara-2-Mobile.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">Politica monetar\u0103<\/a> se refer\u0103 la <strong>strategiile \u0219i instrumentele utilizate de banca central\u0103a unei \u021b\u0103ri<\/strong> pentru a reglementa \u0219i controla masa monetar\u0103 a acesteia. Scopul acesteia este de a men\u021bine stabilitatea economic\u0103 \u0219i a atinge obiectivele specifice stabilite.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Economic-Factors-and-How-To-Measure-Them-Body-Image-2_-Common-economic-factors-4.png\" alt=\"\" class=\"wp-image-723478 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Economic-Factors-and-How-To-Measure-Them-Body-Image-2_-Common-economic-factors-4.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Economic-Factors-and-How-To-Measure-Them-Body-Image-2_-Common-economic-factors-4-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<p>B\u0103ncile centrale influen\u021beaz\u0103 politica monetar\u0103 prin <strong>dou\u0103 mecanisme<\/strong> principale:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>Ajustarea masei monetare<\/strong> din economie prin m\u0103suri precum opera\u021biunile de pia\u021b\u0103 deschis\u0103, modificarea cerin\u021belor privind rezervele bancare sau modificarea ratelor de actualizare. Cre\u0219terea masei monetare poate stimula activitatea economic\u0103, \u00een timp ce reducerea acesteia poate diminua infla\u021bia.<\/li>\n\n\n\n<li><strong>Ajustarea dob\u00e2nzii de referin\u021b\u0103<\/strong> \u2014 dob\u00e2nda de referin\u021b\u0103 influen\u021beaz\u0103 costul \u00eemprumuturilor pentru b\u0103nci \u0219i, \u00een consecin\u021b\u0103, influen\u021beaz\u0103 condi\u021biile \u0219i volumul \u00eemprumuturilor la nivelul economiei.<\/li>\n<\/ul>\n\n\n\n<p><mark>Atunci c\u00e2nd b\u0103ncile centrale cresc <strong>dob\u00e2nda de referin\u021b\u0103<\/strong>, \u00eemprumuturile devin mai scumpe, ceea ce poate reduce cheltuielile consumatorilor \u0219i <a href=\"https:\/\/www.etoro.com\/ro\/stocks\/stock-market-for-beginners\/\">investi\u021biile<\/a>. \u00cen schimb, sc\u0103derea ratelor de dob\u00e2nd\u0103 poate stimula activitatea economic\u0103.<\/mark><\/p>\n\n\n\n<p>B\u0103ncile centrale \u00ee\u0219i <strong>comunic\u0103, de obicei, deciziile de politic\u0103 monetar\u0103 \u00een avans<\/strong> pentru a minimiza <a href=\"https:\/\/www.etoro.com\/ro\/trading\/disruptions\/\">perturb\u0103rile pie\u021bei<\/a> \u0219i a permite participan\u021bilor de pe pia\u021b\u0103 s\u0103-\u0219i ajusteze strategiile \u00een consecin\u021b\u0103. De exemplu, deciziile BNR privind politica monetar\u0103 pot fi consultate acces\u00e2nd calendarul \u0219edin\u021belor publicat de institu\u021bie.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Curba de randament<\/h3>\n\n\n\n<p>Curba randamentului este o reprezentare grafic\u0103 <strong>ce eviden\u021biaz\u0103 evolu\u021bia ratei dob\u00e2nzii la <\/strong><a href=\"https:\/\/www.etoro.com\/ro\/investing\/fixed-income\/\"><strong>obliga\u021biunile<\/strong><\/a><strong> similare ca solvabilitate \u0219i risc<\/strong>, dar cu maturit\u0103\u021bi diferite. Aceasta ilustreaz\u0103 rela\u021bia dintre ratele dob\u00e2nzii (costul \u00eemprumutului) \u0219i durata p\u00e2n\u0103 la scaden\u021b\u0103.<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat: <\/strong>Po\u021bi folosi curba randamentelor pentru a lua decizii de investi\u021bii. O curb\u0103 ascendent\u0103 sugereaz\u0103 faptul c\u0103 obliga\u021biunile pe termen lung au rate ale dob\u00e2nzii mai mari dec\u00e2t cele pe termen scurt.<\/p>\n<\/div><\/div>\n\n\n\n<p>De exemplu, <strong>curba randamentului titlurilor de stat din SUA este un indicator monitorizat pe scar\u0103 larg\u0103<\/strong>. Acesta ilustreaz\u0103 ratele dob\u00e2nzilor oferite investitorilor sau randamentele pe care ace\u0219tia le-ar putea ob\u021bine pentru de\u021binerea unor obliga\u021biuni guvernamentale din SUA cu scaden\u021be diferite.&nbsp;<\/p>\n\n\n\n<p>Curba randamentului poate previziona<strong> viitoare modific\u0103ri ale ratei dob\u00e2nzii \u0219i direc\u021bia general\u0103 a economiei<\/strong>. O curb\u0103 cu pant\u0103 ascendent\u0103 sugereaz\u0103, de obicei, c\u0103 urmeaz\u0103 o expansiune economic\u0103, pe c\u00e2nd o curb\u0103 cu pant\u0103 descendent\u0103 (inversat\u0103) poate semnala o sc\u0103dere economic\u0103 iminent\u0103.<\/p>\n\n\n\n<p>\u00cencep\u00e2nd cu cel de-al Doilea R\u0103zboi Mondial, <strong>fiecare recesiune <\/strong><strong>a fost precedat\u0103 de o inversare a curbei randamentelor<\/strong>. Dup\u0103 cum se poate observa pe graficul de mai jos, \u00een perioadele 1997-2001 \u0219i 2005-2008, curba randamentului s-a inversat de dou\u0103 sau de trei ori \u00eenainte de recesiune:<\/p>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/fred.stlouisfed.org\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/W1tL3lTRVb16mr11xHIBQqXLBDydIqslqhHCmWlAEfbOdpTVI5Tv3CLY1wQ3ct-Ge4tFiont0dS9R7CluRvTKeEG1xdoziofKYnNadYxUzFTBPwp76K2iZK5IB6aYDm7rK3Xj7WKKXSo\" alt=\"\" class=\"wp-image-desktop\"\/><\/a><\/figure>\n\n\n\n<p class=\"is-style-disclaimer\"><em>Performan\u021ba \u00eenregistrat\u0103 anterior nu reprezint\u0103 un indicator asupra rezultatelor viitoare.<\/em><\/p>\n\n\n\n<p>Sursa: <a href=\"https:\/\/fred.stlouisfed.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">FRED<\/a>&nbsp;<\/p>\n\n\n\n<p>Construirea curbei randamentului implic\u0103 <strong>utilizarea unor metodologii standard \u0219i instrumente u\u0219or accesibile<\/strong>. Acesta este \u0219i unul din motivele pentru care este un indicator urm\u0103rit pe scar\u0103 larg\u0103 pe pie\u021bele financiare pentru m\u0103surarea condi\u021biilor economice \u0219i luarea deciziilor de investi\u021bii.<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat: <\/strong>Sectoarele defensive, cum ar fi <a href=\"https:\/\/www.etoro.com\/ro\/discover\/markets\/stocks\/sector\/health-services\">asisten\u021ba medical\u0103<\/a>, utilit\u0103\u021bile \u0219i bunurile de consum, tind s\u0103 aib\u0103 rezultate mai bune \u00een perioadele de recesiune, c\u00e2nd curba randamentelor este inversat\u0103.<\/p>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Politica fiscal\u0103<\/h3>\n\n\n\n<p>Politica fiscal\u0103 include m\u0103surile adoptate de un guvern <strong>pentru a atinge obiective economice<\/strong>, referindu-se la nivelul cheltuielilor guvernamentale \u0219i ratele de impozitare. Aceste m\u0103suri influen\u021beaz\u0103 economia prin stimularea sau restr\u00e2ngerea activit\u0103\u021bii economice, \u00een func\u021bie de obiectivele stabilite.<\/p>\n\n\n\n<p>Scopul politicii fiscale este de a realiza un <strong>echilibru pe parcursul unui ciclu economic<\/strong> \u0219i de a minimiza efectele negative asupra cet\u0103\u021benilor. Este vorba despre o m\u0103sur\u0103 corectiv\u0103 a unui guvern pentru a controla expansiunea sau recesiunea economic\u0103.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Economic-Factors-and-How-To-Measure-Them-Body-Image-3_-Currency-4.png\" alt=\"\" class=\"wp-image-723499 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Economic-Factors-and-How-To-Measure-Them-Body-Image-3_-Currency-4.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/Economic-Factors-and-How-To-Measure-Them-Body-Image-3_-Currency-4-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<p>O strategie de politic\u0103 fiscal\u0103 pe termen lung<strong> ofer\u0103 claritate, coeren\u021b\u0103 \u0219i obiective m\u0103surabile<\/strong>, sporind transparen\u021ba \u0219i responsabilitatea \u00een planificarea financiar\u0103. P\u0103r\u021bile interesate, inclusiv investitorii \u0219i publicul pot monitoriza rezultatele, ceea ce contribuie la stabilitatea economic\u0103 \u0219i la o alocare eficient\u0103 a resurselor.<\/p>\n\n\n\n<p>Factorii economici sunt elemente care modeleaz\u0103 peisajul economic<strong>,<\/strong> influen\u021b\u00e2nd at\u00e2t deciziile la nivel micro, cum ar fi strategiile de investi\u021bii \u0219i pre\u021burile, c\u00e2t \u0219i rezultatele la nivel macro, precum stabilitatea \u0219i cre\u0219terea economic\u0103 per ansamblu.<\/p>\n\n\n\n<p>\u00cen cazul recesiunilor, guvernele vor adopta o <strong>politic\u0103 fiscal\u0103 expansionist\u0103 pentru a plasa mai mul\u021bi bani \u00eenapoi \u00een economie<\/strong>. Ele pot cre\u0219te cheltuielile publice \u0219i reduce impozitele. Astfel, va cre\u0219te consumul, \u0219i implicit cererea de produse \u0219i servicii, companiile fiind nevoite s\u0103-\u0219i creasc\u0103 productivitatea pentru a o acoperi.<\/p>\n\n\n\n<p>Un exemplu de politic\u0103 fiscal\u0103 expansionist\u0103 prin cre\u0219terea cheltuielilor publice este <strong>Actul American de Recuperare \u0219i Reinvestire din 2009<\/strong>. Prin aceast\u0103 m\u0103sur\u0103, guvernul SUA a direc\u021bionat fonduri \u00een valoare de 831 de miliarde de dolari, \u00een mare parte, pentru infrastructur\u0103, educa\u021bie \u0219i cre\u0219terea indemniza\u021biilor de \u0219omaj.<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat: <\/strong>Urm\u0103re\u0219te bugetele \u0219i proiectele guvernamentale pentru a identifica tendin\u021be ale anumitor sectoare. De exemplu, acordarea de stimulentele pentru locuin\u021be poate afecta pia\u021ba imobiliar\u0103 \u0219i investi\u021biile \u00een <a href=\"https:\/\/www.etoro.com\/ro\/smartportfolios\/realestatetrusts\">trusturile de investi\u021bii imobiliare<\/a> (REIT).<\/p>\n<\/div><\/div>\n\n\n\n<p>\u00cen perioadele de expansiune economic\u0103, reducerea cheltuielilor publice \u0219i m\u0103rirea impozitelor au efectul opus, reduc\u00e2nd cre\u0219terea la un nivel mai gestionabil. Aceste m\u0103suri ajut\u0103 la<strong> men\u021binerea stabilit\u0103\u021bii economice \u0219i la prevenirea supra\u00eenc\u0103lzirii economiei<\/strong>.<\/p>\n\n\n\n<p>Autorit\u0103\u021bile guvernamentale \u00een calitate de entit\u0103\u021bi publice asigur\u0103<strong> transparen\u021ba privind cheltuielile din surse publice \u0219i nivelul de impozitare <\/strong>public\u00e2nd informa\u021biile referitoare la acestea pe paginile oficiale. \u00cen cazul Rom\u00e2niei, ele pot fi accesate pe site-ul <a href=\"https:\/\/www.gov.ro\/\" rel=\"nofollow noopener noreferrer\" >gov.ro<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Valuta<\/h3>\n\n\n\n<p>Pia\u021ba valutar\u0103 este <strong>cea mai mare \u0219i mai lichid\u0103 pia\u021b\u0103 financiar\u0103 global\u0103<\/strong>, facilit\u00e2nd <a href=\"https:\/\/www.etoro.com\/ro\/trading\/forex-trading-guide\/\">tranzac\u021bionarea valutar\u0103<\/a> \u00eentre participan\u021bi din \u00eentreaga lume, inclusiv b\u0103nci, institu\u021bii financiare \u0219i guverne. Aceasta permite schimbul valutar rapid \u0219i eficient, sus\u021bin\u00e2nd comer\u021bul interna\u021bional \u0219i investi\u021biile.<\/p>\n\n\n\n<p><mark>Moneda unei \u021b\u0103ri joac\u0103 un rol esen\u021bial \u00een economia global\u0103 \u0219i pe pie\u021bele financiare, fiind adesea un <strong>barometru al economiei na\u021bionale<\/strong>. <a href=\"https:\/\/www.etoro.com\/ro\/discover\/markets\/currencies\">Valutele<\/a> puternice sunt, de obicei, asociate cu economii stabile, infla\u021bie sc\u0103zut\u0103 \u0219i dob\u00e2nzi ridicate, pe c\u00e2nd cele slabe pot fi un semn de instabilitate economic\u0103.<\/mark><\/p>\n\n\n\n<p>\u00cen\u021belegerea <a href=\"https:\/\/www.etoro.com\/ro\/trading\/forex-strategy\/\">dinamicii valutare<\/a> este esen\u021bial\u0103 pentru comer\u021bul interna\u021bional, deciziile de investi\u021bii \u0219i analiza economic\u0103. Economia unei \u021b\u0103ri influen\u021beaz\u0103 felul \u00een care moneda acesteia este perceput\u0103 de investitorii interna\u021bionali. <strong>O moned\u0103 stabil\u0103 poate atrage investi\u021bii str\u0103ine<\/strong>, stimul\u00e2nd cre\u0219terea economic\u0103.&nbsp;<\/p>\n\n\n\n<p>Condi\u021biile economice, ratele dob\u00e2nzilor \u0219i evenimentele geopolitice, pot genera <strong>fluctua\u021bii <\/strong><strong>ale cursului de schimb<\/strong>. Acestea au un impact semnificativ asupra pie\u021belor financiare \u0219i economiilor din \u00eentreaga lume. Ele afecteaz\u0103 anumite companii prin modificarea costului bunurilor care sunt achizi\u021bionate dintr-o alt\u0103 \u021bar\u0103.<\/p>\n\n\n\n<p>Mai mult dec\u00e2t at\u00e2t, investitorii efectueaz\u0103 adesea tranzac\u021bii forex<strong> <\/strong>pentru a valorifica fluctua\u021biile cursului de schimb, <strong>tranzac\u021bionarea <\/strong><a href=\"https:\/\/www.etoro.com\/ro\/trading\/currency-pairs\/\"><strong>perechilor valutare<\/strong><\/a> fiind o component\u0103 cheie a strategiilor de investi\u021bii. Printre perechile valutare cunoscute se num\u0103r\u0103 EUR\/USD, EUR\/GBP \u0219i USD\/JPY.&nbsp;<\/p>\n\n\n\n<p>B\u0103ncile centrale joac\u0103 un rol important \u00een influen\u021barea cursurilor valutare. Acestea <strong>pot interveni pe pie\u021bele valutare pentru a-\u0219i stabiliza monedele<\/strong>, pentru a ajusta ratele dob\u00e2nzilor \u0219i pentru a implementa politici monetare care au impact asupra ratelor de schimb.<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat: <\/strong>Ia \u00een considerare tranzac\u021bionarea \u00een perioadele de suprapunere a sesiunilor Forex, c\u00e2nd lichiditatea este mai mare \u0219i pie\u021bele sunt mai active.<\/p>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Al\u021bi factori<\/h3>\n\n\n\n<p>Pie\u021bele financiare ofer\u0103 informa\u021bii care \u00eei pot ajuta pe investitori s\u0103 \u00ee\u0219i<strong> <\/strong>contureze <strong>strategia de investi\u021bii<\/strong>. Totu\u0219i, volumul mare al acestora \u0219i faptul c\u0103 sunt sensibile la diver\u0219i factori economici<strong> <\/strong>poate complica uneori analiza \u0219i luarea deciziilor.<\/p>\n\n\n\n<p><strong>Al\u021bi factori economici<\/strong> care influen\u021beaz\u0103 strategia \u0219i deciziile investi\u021bionale sunt:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"wp-block-table-content\"><div class=\"wp-block-table-content-nav wp-block-table-content-nav-left\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-left\"><\/div><\/div><div class=\"wp-block-table-content-nav wp-block-table-content-nav-right\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-right\"><\/div><\/div><div class=\"wp-block-table-content-table\"><table><thead><tr><th class=\"has-text-align-center\" data-align=\"center\"><strong>Factori<\/strong><\/th><th><strong>Impact<\/strong><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Evenimentele geopolitice<\/strong><\/td><td>Tensiunile interna\u021bionale influen\u021beaz\u0103 <strong>stabilitatea pie\u021bei<\/strong>.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Dezastrele naturale<\/strong><\/td><td>Pot <strong>perturba lan\u021burile de aprovizionare.<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>PIB-ul<\/strong><\/td><td>Influen\u021beaz\u0103<strong> \u00eencrederea consumatorilor \u0219i investi\u021biile<\/strong>.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Pre\u021burile m\u0103rfurilor<\/strong><\/td><td>Afecteaz\u0103 <strong>industriile care depind de aceste resurse<\/strong>.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Tendin\u021bele demografice<\/strong><\/td><td>Schimb\u0103rile demografice pot influen\u021ba <strong>pia\u021ba for\u021bei de munc\u0103<\/strong>.<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Tendin\u021bele sociale<\/strong><\/td><td>Schimbarea preferin\u021belor poate influen\u021ba <strong>comportamentul consumatorilor.<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Concluzie<\/h2>\n\n\n\n<p>Factorii economici sunt indispensabili \u00een<strong> strategiile investi\u021bionale at\u00e2t pe termen lung, c\u00e2t \u0219i pe <\/strong><a href=\"https:\/\/www.etoro.com\/ro\/trading\/day-trading\/\"><strong>termen scurt<\/strong><\/a>. Impactul lor poate determina reac\u021bii imediate pe pia\u021b\u0103, declan\u0219\u00e2nd, de asemenea, tendin\u021be pe termen mai lung \u0219i schimb\u0103ri \u00een politicile guvernamentale.<\/p>\n\n\n\n<p>Av\u00e2nd \u00een vedere evolu\u021bia continu\u0103 a acestor factori, este important ca<strong> investitorii s\u0103 aib\u0103 mereu \u00een vedere impactul pe care \u00eel pot avea asupra portofoliului lor<\/strong>. Prin valorificarea perspectivelor economice, investitorii \u00ee\u0219i pot consolida portofoliul de investi\u021bii \u0219i pot optimiza procesul \u0219i rezultatele investi\u021bionale.<\/p>\n\n\n\n<p>Intr\u0103 pe <a href=\"https:\/\/www.etoro.com\/ro\/academy\/\">Academia eToro<\/a> \u0219i afl\u0103 mai multe despre factorii economici \u0219i cum influen\u021beaz\u0103 pia\u021ba.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Test<\/h2>\n\n\n\n<div class=\"wp-block-etoro-quizzes\">\n<div class=\"wp-block-etoro-quiz\" data-answer=\"1\"><div class=\"wp-block-etoro-quiz-body\"><div class=\"wp-block-etoro-quiz-question\">Ce tinde s\u0103 se \u00eent\u00e2mple c\u00e2nd taxele sunt reduse sau cheltuielile publice sunt m\u0103rite?<\/div>\n<div class=\"wp-block-etoro-quiz-item\">Consumul \u0219i produc\u021bia economic\u0103 scad<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Consumul \u0219i produc\u021bia economic\u0103 cresc<\/div>\n<\/div><div class=\"wp-block-etoro-quiz-result\">\u00a0<\/div><\/div>\n<\/div>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">\u00centreb\u0103ri frecvente<\/h2>\n\n\n\n<dl class=\"wp-block-etoro-faq\">\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">Cum \u00ee\u021bi dai seama ce factori economici ar trebui urm\u0103ri\u021bi?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Fiind la curent cu ultimele <a href=\"https:\/\/www.etoro.com\/ro\/news-and-analysis\/\">\u0219tiri \u0219i analize<\/a> financiare, po\u021bi identifica ce date ar putea prezenta un interes semnificativ pentru pia\u021b\u0103 \u00een viitor. De\u021binerea unor informa\u021bii \u00een avans poate permite monitorizarea modului \u00een care aceste anun\u021buri afecteaz\u0103 pre\u021burile activelor.<\/p>\n\n\n\n<p>Este important de men\u021bionat c\u0103 impactul factorilor economici variaz\u0103 \u00een func\u021bie de strategiile de tranzac\u021bionare sau de investi\u021bii. Astfel, evaluarea factorilor economici trebuie s\u0103 fie raportat\u0103 \u0219i adaptat\u0103 la obiectivele specifice ale investitorilor, orizontul investi\u021bional stabilit \u0219i toleran\u021ba la risc.<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">De ce pie\u021bele nu reac\u021bioneaz\u0103 \u00eentotdeauna a\u0219a cum era de a\u0219teptat la anumite \u0219tiri?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Pie\u021bele sunt influen\u021bate de o multitudine de factori dincolo de \u0219tirile \u00een sine. Dinamica complex\u0103 a <a href=\"https:\/\/www.etoro.com\/ro\/stocks\/most-popular-stock-exchanges\/\">pie\u021belor de valori<\/a>, conexiunea dintre variabilele care trebuie luate \u00een calcul, sentimentul investitorilor \u0219i momentul public\u0103rii pot determina reac\u021bii imprevizibile la anumite \u0219tiri.&nbsp;<\/p>\n\n\n\n<p>Mai mult dec\u00e2t at\u00e2t, factorii tehnici, evenimentele globale, circumstan\u021bele neprev\u0103zute \u0219i revizuirea datelor pot perturba \u0219i mai mult r\u0103spunsurile anticipate ale pie\u021bei.<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">Cum pot urm\u0103ri factorii economici?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Pentru a urm\u0103ri factorii economici \u00een mod eficient, acceseaz\u0103 calendarele economice, informeaz\u0103-te din surse sigure \u0219i fii la curent cu datele publicate pe site-urile web oficiale ale guvernului \u0219i ale b\u0103ncii na\u021bionale.<\/p>\n\n\n\n<p>Folose\u0219te aplica\u021bii de <a href=\"https:\/\/www.zf.ro\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u0219tiri financiare<\/a> \u0219i urm\u0103re\u0219te canale TV financiare pentru actualiz\u0103ri \u00een timp real. Platformele de tranzac\u021bionare, re\u021belele sociale \u0219i forumurile online pot oferi informa\u021bii, \u00een timp ce rapoartele de cercetare economic\u0103 \u0219i webinariile ofer\u0103 date specifice \u0219i analize detaliate.<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">Care sunt cei mai importan\u021bi factori economici care influen\u021beaz\u0103 pie\u021bele financiare?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Orice factor macroeconomic poate influen\u021ba pre\u021burile activelor. Ratele dob\u00e2nzilor, infla\u021bia, ocuparea for\u021bei de munc\u0103, cre\u0219terea PIB-ului \u0219i evenimentele geopolitice sunt factori principali care pot afecta pie\u021bele financiare \u00een ansamblu, dar este important s\u0103 iei \u00een considerare \u0219i rapoartele mai specifice, care pot influen\u021ba un anumit sector \u00een care ai investi\u021bii.<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">Care este diferen\u021ba dintre indicatorii economici de tip \u201eleading\u201d \u0219i \u201elagging\u201d?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Indicatorii de tip leading (precursori) sunt considera\u021bi utili pentru a anticipa tendin\u021bele viitoare; \u00een schimb, indicatorii de tip lagging (\u00eent\u00e2rzia\u021bi) confirm\u0103 o tendin\u021b\u0103 dup\u0103 ce aceasta s-a produs deja.<\/p>\n<\/dd><\/div>\n<\/dl>\n\n\n\n\t\t<style>\n\t\t\t.rtl .etoro-block-shortcode-disclaimer {\n\t\t\t\ttext-align:right;\n\t\t\t}\n\t\t\t.etoro-block-shortcode-disclaimer {\n\t\t\t\tmargin-bottom:18px;\n\t\t\t\ttext-align:left;\n\t\t\t}\n\t\t\t.etoro-block-shortcode-disclaimer p{\n\t\t\t\tfont-size: 12px;\n\t\t\t\tline-height: 18px;\n\t\t\t}\n\t\t\t@media (min-width: 768px) {\n\t\t\t\t.etoro-block-shortcode-disclaimer {\n\t\t\t\t\tmax-width:1176px;\n\t\t\t\t\ttext-align:center;\n\t\t\t\t}\n\t\t\t\t.etoro-block-shortcode-disclaimer p {\n\t\t\t\t\tfont-size: 14px;\n\t\t\t\t\tline-height: 20px;\n\t\t\t\t}\n\t\t\t}\n\t\t<\/style>\n\t\t<div class='etoro-block-shortcode-disclaimer'><p>Informa\u021biile din acest ghid au exclusiv scop educativ \u0219i nu ar trebui considerate drept sfaturi pentru investi\u021bii sau recomand\u0103ri personale, nici oferte sau solicit\u0103ri de cump\u0103rare sau v\u00e2nzare a oric\u0103ror instrumente financiare.<\/p>\n<p>Acest material a fost preg\u0103tit f\u0103r\u0103 a lua \u00een considerare orice fel de obiective particulare de investi\u021bii sau situa\u021bii financiare \u0219i nu a fost creat \u00een conformitate cu cerin\u021bele legale \u0219i de reglementare a promov\u0103rii cercet\u0103rii independente.<\/p>\n<p><strong>Nu toate instrumentele \u0219i serviciile financiare men\u021bionate sunt oferite de eToro<\/strong> \u0219i orice referiri la performan\u021ba anterioar\u0103 a unui instrument financiar, index sau pachet de investi\u021bii, nu sunt \u0219i nu ar trebui considerare un indicator fiabil al rezultatelor viitoare. <strong>Disponibilitatea tuturor produselor \u0219i serviciilor men\u021bionate mai sus poate varia \u00een func\u021bie de jurisdic\u021bie \u0219i \u021bar\u0103.<\/strong><\/p>\n<p>eToro nu face nicio declara\u021bie \u0219i nu \u00ee\u0219i asum\u0103 nicio responsabilitate cu privire la acurate\u021bea sau caracterul complet al con\u021binutului acestui ghid. Asigur\u0103-te c\u0103 \u00een\u021belegi riscurile implicate \u00een tranzac\u021bionare \u00eenainte de a implica capital. Nu risca niciodat\u0103 mai mult dec\u00e2t e\u0219ti preg\u0103tit s\u0103 pierzi.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cunoa\u0219terea factorilor economici \u0219i a modului \u00een care ace\u0219tia influen\u021beaz\u0103 sectoarele economice le permite investitorilor s\u0103 anticipeze trendurile pie\u021belor financiare. Descoper\u0103 principalii factori economici, metodele de cuantificare \u0219i impactul lor asupra diferitelor clase de active. Factorii economici joac\u0103 un rol semnificativ \u00een modelarea pie\u021belor financiare \u0219i a deciziilor de investi\u021bii. Prin monitorizare, cuantificarea acestora \u0219i&hellip;<\/p>\n","protected":false},"author":101,"featured_media":723595,"parent":31829,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":true,"inline_featured_image":false,"sticky_cta_settings":"","footnotes":""},"asset_type":[],"class_list":["post-722876","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<title>Ghid privind factorii economici | eToro<\/title>\n<meta name=\"description\" content=\"Care sunt elementele care au impact asupra dezvolt\u0103rii economice? Afl\u0103 ce factori pot influen\u021ba sectoarele bursiere \u0219i rolul lor \u00een modelarea strategiilor.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/722876\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghid privind factorii economici | eToro\" \/>\n<meta property=\"og:description\" content=\"Care sunt elementele care au impact asupra dezvolt\u0103rii economice? Afl\u0103 ce factori pot influen\u021ba sectoarele bursiere \u0219i rolul lor \u00een modelarea strategiilor.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/722876\" \/>\n<meta property=\"og:site_name\" content=\"eToro\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/eToro\/\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-17T14:54:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/RO-Economic-Factors-and-How-To-Measure-Them-1200x630-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@eToro\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"11 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/\",\"url\":\"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/\",\"name\":\"Ghid privind factorii economici | eToro\",\"isPartOf\":{\"@id\":\"https:\/\/www.etoro.com\/ro\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/RO-Economic-Factors-and-How-To-Measure-Them-1200x630-1.png\",\"datePublished\":\"2023-09-28T15:52:48+00:00\",\"dateModified\":\"2026-03-17T14:54:52+00:00\",\"description\":\"Care sunt elementele care au impact asupra dezvolt\u0103rii economice? Afl\u0103 ce factori pot influen\u021ba sectoarele bursiere \u0219i rolul lor \u00een modelarea strategiilor.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/#breadcrumb\"},\"inLanguage\":\"ro\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ro\",\"@id\":\"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/#primaryimage\",\"url\":\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/RO-Economic-Factors-and-How-To-Measure-Them-1200x630-1.png\",\"contentUrl\":\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/RO-Economic-Factors-and-How-To-Measure-Them-1200x630-1.png\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"ACAS\u0102\",\"item\":\"https:\/\/www.etoro.com\/ro\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Investi\u021bii\",\"item\":\"https:\/\/www.etoro.com\/ro\/investing\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Factorii economici \u0219i cuantificarea lor\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.etoro.com\/ro\/#website\",\"url\":\"https:\/\/www.etoro.com\/ro\/\",\"name\":\"eToro\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.etoro.com\/ro\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.etoro.com\/ro\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ro\"},[]]}<\/script>","yoast_head_json":{"title":"Ghid privind factorii economici | eToro","description":"Care sunt elementele care au impact asupra dezvolt\u0103rii economice? Afl\u0103 ce factori pot influen\u021ba sectoarele bursiere \u0219i rolul lor \u00een modelarea strategiilor.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/722876","og_locale":"ro_RO","og_type":"article","og_title":"Ghid privind factorii economici | eToro","og_description":"Care sunt elementele care au impact asupra dezvolt\u0103rii economice? Afl\u0103 ce factori pot influen\u021ba sectoarele bursiere \u0219i rolul lor \u00een modelarea strategiilor.","og_url":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/722876","og_site_name":"eToro","article_publisher":"https:\/\/www.facebook.com\/eToro\/","article_modified_time":"2026-03-17T14:54:52+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/RO-Economic-Factors-and-How-To-Measure-Them-1200x630-1.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_site":"@eToro","twitter_misc":{"Est. reading time":"11 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/","url":"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/","name":"Ghid privind factorii economici | eToro","isPartOf":{"@id":"https:\/\/www.etoro.com\/ro\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/#primaryimage"},"image":{"@id":"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/#primaryimage"},"thumbnailUrl":"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/RO-Economic-Factors-and-How-To-Measure-Them-1200x630-1.png","datePublished":"2023-09-28T15:52:48+00:00","dateModified":"2026-03-17T14:54:52+00:00","description":"Care sunt elementele care au impact asupra dezvolt\u0103rii economice? Afl\u0103 ce factori pot influen\u021ba sectoarele bursiere \u0219i rolul lor \u00een modelarea strategiilor.","breadcrumb":{"@id":"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/#breadcrumb"},"inLanguage":"ro","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/"]}]},{"@type":"ImageObject","inLanguage":"ro","@id":"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/#primaryimage","url":"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/RO-Economic-Factors-and-How-To-Measure-Them-1200x630-1.png","contentUrl":"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/10\/RO-Economic-Factors-and-How-To-Measure-Them-1200x630-1.png","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/www.etoro.com\/ro\/investing\/economic-factors\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"ACAS\u0102","item":"https:\/\/www.etoro.com\/ro\/"},{"@type":"ListItem","position":2,"name":"Investi\u021bii","item":"https:\/\/www.etoro.com\/ro\/investing\/"},{"@type":"ListItem","position":3,"name":"Factorii economici \u0219i cuantificarea lor"}]},{"@type":"WebSite","@id":"https:\/\/www.etoro.com\/ro\/#website","url":"https:\/\/www.etoro.com\/ro\/","name":"eToro","description":"","publisher":{"@id":"https:\/\/www.etoro.com\/ro\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.etoro.com\/ro\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ro"},[]]}},"_links":{"self":[{"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/722876"}],"collection":[{"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/users\/101"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/comments?post=722876"}],"version-history":[{"count":0,"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/722876\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/31829"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/media\/723595"}],"wp:attachment":[{"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/media?parent=722876"}],"wp:term":[{"taxonomy":"asset_type","embeddable":true,"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/asset_type?post=722876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}