Economic calendar

Economic calendar

Fundamental factors are not an abstract concept. Traders face them daily in a form of economic news, published in the economic calendar.

Let’s have a look at the economic calendar. For each date, you can see a list of scheduled economic releases corresponding one of the major Forex currencies. Pay attention to the release time: make sure that you have made adjustments for your time zone. You can see that all events have different impact: the higher this impact is, the stronger move of the market is expected, so you can focus on the most important events. Most news in the calendar represent economic indicators and have numerical values. The previous reading is available in advance. The forecast is the medium forecast of 20-240 economists surveyed by big agencies like Bloomberg, Reuters, etc. The actual reading is the reading published by the official source (the nation’s statistics agency or an analytical center). For most indicators, if the actual reading is higher than the forecast one, it’s positive for the currency in question. Unemployment indicators are the exception: for them the lower the reading, the better for the currency. 

Calendar.png

By the way, there are different ways to use the economic calendar. Some market players trade “the news". It means that they open positions in accordance with their expectations for a change in economic indicators (for example, eurozone GDP is expected to improve – we buy the euro). Others, on the contrary, avoid the news as trading them is associated with risks of too rapid price movements. Such traders prefer to wait until the market “digests” the news and enter the already shaped trend. No matter what strategy you choose, we strongly recommend you following the news in order to be aware of the market moving impulses. Some data releases increase volatility and cause sudden moves on the market. The best example is the US nonfarm payrolls (NFP). The release of this indicator may lead to an unexpected closure of your position under a stop-loss order.

Popular

America will probe German and Japanese car makers over alleged patent violations

America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…

Gold edges down toward 3-week minimum after Congress hits spending deal

On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…

Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera