Economic calendar

The economic calendar brings together the main economic indicators having an influence on the market of the ideas and inform us about their dates and times of exit, their previous value, their expected value, the anticipated effect on the market, the current effect and good of other relevant information.

The data is highly volatile as well, some volatility is eliminated with the Durable Goods Orders excluding Transportation figure, making it the more closely watched indicator.

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Economic data is released frequently, sometimes on a daily basis and on several occasions through the week, and all of these events can be found listed on an Economic Calendar which will also outline the scheduled time at which the release will be made/5(9).

A high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish. A result above 50 is seen as positive or bullish for the USD, whereas a result below 50 is seen as negative or bearish.

The Institute for Supply Management ISM Manufacturing Index shows business conditions in the US manufacturing sector, taking into account expectations for future production, new orders, inventories, employment and deliveries. It is a significant indicator of the overall economic condition in US. The ISM prices Paid represents business sentiment regarding future inflation. A high reading is seen as positive for the USD, while a low reading is seen as negative.

Displayed in the calendar is the average yield on the bills auctioned by US Department of Treasury. Treasury bills are short-term securities maturing in one year or less. The yield on the bills represents the return an investor will receive by holding the bond until maturity. Investors monitor the yield volatility and compare the average rate at auction to the rate at previous auctions of the same security as an indicator of the government debt situation.

The Trade Balance released by the Ministerio de Comercio is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the BRL. If a steady demand in exchange for Brazilian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive or bullish for the BRL.

The Manufacturing BSI released by the Bank of Korea shows the opinion of manufacturing executives regarding production expectations, order books and finished goods inventories. A high reading is seen as positive or bullish for the Korean Won, while a low reading is seen as negative or bearish. The Business Confidence allows analysis of economic situation in the short term.

Increasing numbers indicates increases in business investment that lead to higher levels of output. Thus, a high reading is seen as positive or bullish , while a low reading is seen as negative or bearish. Industrial Output YoY Link. The Industrial Output released by the National Statistical Office shows the volume of production of Korean industries such as factories and manufacturing. An increase is regarded as inflationary which may lead to a rise in interest rates.

High industrial production growth may generate a positive or bullish reaction from the Korean Won. Service Sector Output Link. An uptrend is regarded as inflationary which may anticipate interest rates to rise. High production growth from the service sector may generate a positive sentiment or bullish for the Won. Industrial Output Growth Link. The Industrial Output Growth released by the National Statistical Office shows the volume of production of Korean industries such as factories and manufacturing.

Monetary Base YoY Link. An acceleration of monetary base is considered as positive for the JPY, whereas a decline is seen as negative. Mahatma Gandhi Birthday Link. The EcoFin covers areas such as coordinated economic measures, budgetary policies, public finances, capital movements and financial markets.

Generally speaking, a high reading should be positive for the NZD, while a low one should be negative for the kiwi. If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish. Decisions regarding this interest rate are made by the Reserve Bank Board , and are explained in a media release which announces the decision at 2.

Consumer Confidence Index Link. The Consumer Confidence released by the Cabinet Office captures the level of sentiment that individuals have in economic activity.

A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. Normally, a result above 50 is positive or bullish for the JPY, whereas a result below 50 is seen as bearish.

Nationwide Housing Prices s. The Nationwide Housing Prices shows the value of the houses prices in UK and indicate current movements in the housing market that is considered as a sensitive factor to the UK's economy.

A high reading is seen as positive or bullish for the GBP, while a low reading is seen as negative or bearish. Nationwide Housing Prices n. The price changes influence GDP and exchange rates. A high reading is seen as bullish for the AUD, whereas a low reading is seen as bearish.

The Gross Domestic Product released by the Czech Statistical Office is a measure of the total value of all goods and services produced by the Czech Republic. The GDP is considered as a broad measure of the Czech economic activity and health. A rising trend has a positive effect on the Czech Koruna, while a falling trend is seen as negative or bearish.

The Trade Balance released by the Hungarian Central Statistical Office, is a balance between exports and imports of total goods and services. It is an event that generates some volatility for the Forint. If a steady demand in exchange for Hungarian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive or bullish for the Florint. The Unemployment Survey released by the Spanish Government shows the number of unemployed workers added during the previous month.

It is a leading indicator for the Spanish economy. If the number is negative, it indicates an expansion within the labor market. An increase in the figure is seen as negative or bearish for the Euro, while an decrease is seen as positive or bullish. The IPC Inflation released by the Instituto Brasileiro de Geografia e Estatistica is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of the BRL is dragged down by inflation.

Generally speaking, a high reading is seen as positive or bullish for the BRL, while a low reading is seen as negative or Bearish. Retail Sales, released by Census and Statistics Department , data represents total consumer purchase from retail stores. It provides valuable information about consumer spending which makes up the consumption part of GDP.

Rising retail sales indicate stronger economic growth. However, if the increase is larger than forecast, it may be inflationary. It is worth noting that the construction sector does not influence, either positively or negatively, the GDP as much as the Manufacturing sector does A result that values above 50 signals appreciates or is bullish for the GBP, whereas a result that values below 50 is seen as negative or bearish.

The Producer Price Index PPI released by the Eurostat is an index that measures the change in prices received by domestic producers of commodities in all stages of processing crude materials, intermediate materials, and finished goods. Generally, a high reading is seen positive or bullish for the EUR, while a low reading is seen as negative or bearish. Industrial Output MoM Link.

The Industrial Output released by the Instituto Brasileiro de Geografia e Estatistica shows the volume of production of Brazilian industries such as factories and manufacturing. Uptrend is regarded as inflationary which may anticipate interest rates to rise. If high industrial production growth comes out, this may generate a positive sentiment or bullish for the BRL. Redbook index YoY Link. Redbook index MoM Link.

Purchasing Managers Index Link. The Purchasing Managers Index PMI , released by the Singapore Institute of Purchasing and Materials Management , is a composite index based on the diffusion indices of leading market indicators, with varying weights applied. The index is based on data compiled from monthly replies to questions asked of purchasing executives in over industrial companies. The PMI reading above 50 per cent indicates that the manufacturing economy is generally expanding and that the economy is generally is declining when the reading falls below 50 per cent.

The survey results are compiled into three summary measures for: The survey results are compiled as diffusion indexes, which are calculated by taking the percentage of the respondents answering higher plus one-half of the percentage of respondents who answer same or no change.

A higher than expected reading should be taken as positive for the local economy, while a lower than expected reading should be taken as negative. GDT Price Indices are used to avoid the bias of a simple weighted average price, and to give a more accurate reflection of the price movements between trading events.

Fed's Quarles speech Link. His term as Vice Chairman for Supervision ends on October 13, The Currency Reserves released by the Nationalbank of Denmark present changes in the value of official reserve assets reflecting purchases and sales including swaps of foreign exchange by the Central Bank, earnings on foreign securities, and transactions with official institutions overseas.

A high reading is is seen as positive or bullish for the Danish Krone, while a low reading is seen as negative or Bearish. Fed's Powell Speech Link. Powell took office as a member of the Board of Governors of the Federal Reserve System on May 25, , to fill an unexpired term. Powell assumed office as Chair on February 5, Total Vehicle Sales Link.

Total Vehicle sales released by the Autodata Corp. It is considered as an indicator for consumer confidence. A high reading is seen as positive or bullish for the USD, while a low reading is seen as negative or bearish. The group surveys manufacturers on their assessment of the business situation including employment, production, orders, prices, and inventories, and their short-term planning. A result above 50 is seen as positive or bullish for the AUD, whereas a result below 50 is seen as negative or bearish.

The changes in the SPI are widely followed as an indicator for inflationary pressures. A high reading is seen as positive or bullish for the GBP, whereas a low reading is seen as negative or bearish.

Day of German Unity Link. National Foundation Day Link. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic conditions in Japan.

A result above 50 signals is bullish for the JPY, whereas a result below 50 is seen as bearish. A high reading is seen as bullish for the NZD, whereas a low reading is seen as bearish.

Building Permits YoY Link. The Building Permits released by the Australian Bureau of Statistics shows the number of permits for new construction projects. It implies the movement of corporate investments the Australian economic development. It tends to cause some volatility to the AUD. The more growing number of permits, the more positive or bullish for the AUD.

Building Permits MoM Link. Purchasing Manager Index Services Link. Usually a result above 50 is bullish for the Ruble, whereas a result below 50 is seen as bearish. The Producer Price Index released by TurkStat measures the average changes in prices in primary markets of Turkey by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation.

Generally speaking, a high reading is seen as positive or bullish for the Lira, whereas a low reading is seen as negative or bearish. The Consumer Price Index released by TurkStat is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services.

The purchase power of the Lira is dragged down by inflation. Generally speaking, a high reading is seen as positive or bullish for the Lira, while a low reading is seen as negative or bearish. As the services sector dominates a large part of total GDP, this PMI is an important indicator of business conditions and the overall economic condition in Spain.

Usually, a result above 50 is bullish for the Euro, whereas a result below 50 is seen as bearish. As the services sector dominates a large part of total GDP, the services PMI is an important indicator of the overall economic condition in France. The PMI monthly Composite Reports on Manufacturing and Services, released by Markit Economics , are based on a large number of business executives in private sector manufacturing and services companies.

Data is usually released on the third working day of each month. Each response is weighted according to the size of the company and its contribution to total manufacturing or services output accounted for by the sub-sector to which that company belongs. Replies from larger companies have a greater impact on the final index numbers than those from small companies. Results are presented by question asked, showing the percentage of respondents reporting an improvement, deterioration or no change since the previous month.

From these percentages, an index is derived: Because the performance of the German service sector is extremely consistent over time, services does not impact final GDP figures as much as the more volatile figure on the manufacturing sector. Generally speaking, if the reading is negative, it means the Italian accounts are in a surplus, and that should be positive or bullish for the Euro.

On the other hand, a growing public deficit is considered negative or bearish. It is worth noting that the European service sector does not influence, either positively or negatively, the GDP as much as the PMI manufacturing does. Usually a result above 50 is bullish for the EUR, whereas a result below 50 is seen as bearish. Traders want the highest possible reading as that will be taken as positive for the GBP. If the bank is hawkish about the inflationary outlook of the economy and rises the interest rates, it is seen as positive, or bullish, for the ISK, while a dovish outlook for the economy or a rate cut is seen as negative, or bearish, for the currency.

The Retail Sales released by the Eurostat is a measure of changes in sales of the Euro zone retail sector. Usually, the positive economic growth anticipates "Bullish" for the EUR, while a low reading is seen as negative, or bearish, for the EUR. The figures displayed in the calendar represent the average yield on the bonds auctioned by Agence France Tresor.

Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. Fed's Evans Speech Link. Evans is the ninth president and chief executive officer of the Federal Reserve Bank of Chicago.

It is considered as a leading indicator of the U. A Mortgage growth represents a healthy housing market that stimulates the overall US economy. Normally, a high reading is seen as positive or bullish for the USD, while a low reading is seen as negative or bearish. NBP Base rate Link. If the NBP is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the Zloty.

Likewise, if the NBP has a dovish view on the Polish economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish. Interest rate decision Link.

Monetary policy refers to the actions undertaken by a country's monetary authority, central bank or government to achieve certain national economic goals. It is based on the relationship between interest rates at which money can be borrowed and total supply of money.

Generally speaking, a rise in this indicator has positive implications for consumer spending, stimulating economic growth. So a high reading is traditionally seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.

A result above 50 signals is bullish for the USD, whereas a result below 50 is seen as bearish. It is worth noting that the non-manufacturing sector does not influence, either positively or negatively, the GDP as much as the ISM Manufacturing does. A result above 50 is positive or bullish for the USD. The EIA Crude Oil stockpiles report is a weekly measure of the change in the number of barrels in stock of crude oil and its derivates, and it's released by the Energy Information Administration.

This report tends to generate large price volatility, as oil prices impact on worldwide economies, affecting the most, commodity related currencies such as the Canadian dollar.

Despite it has a limited impact among currencies, this report tends to affect the price of oil itself, and, therefore, had a more notorious impact on WTI crude futures. Mester is the president and chief executive officer of the Federal Reserve Bank of Cleveland.

She assumed her role as president and CEO in June Foreign investment in Japan stocks Link. The report is released by the Ministry of Finance, detailing the flows from the public sector excluding Bank of Japan.

The net data shows the difference of capital inflow and outflow. Usually, when market conditions are normal, an investor can be aware of their risk on every trade, however in the event of a high impact data release, it is possible for things to change drastically, with an increased chance of worse than expected prices.

When a trader is aware that the market may be unpredictable, they can close out their position a short time before the news release and avoid entering into a new trade until after the data is known, thus limiting the high risk of loss. Economic calendars are found for free on many websites. This information allows the trader to plot a chart and to identify the possible bottoms and tops of a trend.

Online economic calendars generally incorporate numerous vital indicators which are regularly updated to help traders to make an informed trade. To become a successful trader, you need to be aware of news, market trends and global events and using an economic calendar is the best way to obtain this information at a glance.

Having this kind of information in advance allows you to predict the direction of the market, and an awareness of the factors which can affect the market will give you a better chance of making a profit. To be effective when trading, it is vital to consider the bigger picture of all of the political and economic factors that can influence the market, and an economic calendar supplies the investor with all of the important aspects that need to be borne in mind.

Although it is not always possible to correctly predict the effect of these economic indicators on market prices, having a clue about how the market could generally be expected to react is of significant value and helps the investor to make an informed trading decision.

Major Events in the Economic Calendar As an investor, one of the most important tools at your disposal is an Economic Calendar, and by looking at it every day, you can become more successful and more profitable as a trader.