Economic Calendar
Economic calendar empowers traders to monitor crucial, potentially market-altering events, aiding in the anticipation of significant market movements.
What is
Economic Calendar?
An economic calendar is like a detailed schedule that shows important economic events, data releases, and announcements affecting financial markets. It includes crucial indicators such as unemployment rates, GDP growth, inflation rates, and central bank interest rate decisions. Traders, investors, and analysts use it to stay informed and predict market trends and movements
How to Use Economic Calendar?
Economic calendar is a schedule of key economic events, data releases, and announcements impacting financial markets. It includes indicators like unemployment rates, GDP growth, and central bank decisions, helping traders, investors, and analysts predict market trends
Differentiate between microeconomic (local) and macroeconomic (national) events. Some news may affect specific cities or countries more than others
Understand that statements from major institutions, like the European Central Bank, may impact certain markets more than others. For example, Eurozone markets may be more influenced than those in African countries
Keep an eye on leading economic indicators or combined indices of major economies. This information helps assess economic sentiment and volatility for the product you are trading
