What is an economic calendar? The economic calendar is a calendar of dates of significant pre-scheduled events that may affect movement of individual security prices or markets in part or as a whole. An economic calendar is one which is designed to help traders and investors learn about forthcoming major economic information, such as Gross Domestic Product (GDP), Purchasing Managers Index (PMI), Unemployment Rate, Retail Sales Report, and Consumer Price Index (CPI).

Investors and traders use economic calendars to conduct investment transactions or plan portfolios to alert them to financial market trends that may be affected by these data metrics. Economic calendars are available on multiple financial and market websites.

How to interpret data

• The Forex trading calendar shows the relevance or importance of the released data
• Technical analysis shows where a currency pair goes
• If published actual data differs from forecast data, you can expect volatility in the respective currency
• A higher difference is likely to cause higher volatility
• Impact indicator shows how much volatility is expected

Market Opinions

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