Major Market Events
WEEK 18.10.2021 - 22.10.2021
- Mon. Oct. 18. 04:00 CNYChina Gross Domestic Product (GDP) YoY
Gross Domestic Product (GDP) is the broadest measure of economic activity and the primary indicator of the economy's health.
A higher than expected reading should be taken as positive for the CNY, while a lower than expected reading should be taken as negative for the CNY.
- Tue. Oct. 19. 14:30 USDU.S. Building Permits
Building Permits are a key indicator of demand in the housing market.
A higher than expected reading should be taken as positive for the USD, while a lower than expected reading should be taken as negative for the USD.
- Wed. Oct. 20. 16:30 USD U.S. Crude Oil Inventories
The level of inventories influences the price of petroleum products, which can have an impact on inflation.
If the increase in crude inventories is more than expected, it implies weaker demand and is bearish for crude prices. The same can be said if a decline in inventories is less than expected.
If the increase in crude is less than expected, it implies greater demand and is bullish for crude prices. The same can be said if a decline in inventories is more than expected.
- Thu. Oct. 21. 14:30 USDInitial Jobless Claims
Initial Jobless Claims measures the number of individuals who filed for unemployment insurance for the first time during the past week. This is the earliest U.S. economic data, but the market impact varies from week to week.
- Fri. Oct. 22. 08:00 GBPU.K. Retail Sales MoM
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Latest economic events
What does the economic calendar show?
How to read the economic calendar?
The “forecast” value can be expressed as a percentage or as a currency value and it shows how the event will impact the market. “Actual” value is the value of the event at the time of reading and the “prior” value is the value it was before the “actual” one.
Additionally, in the economic calendar, you can filter events by country.
Why is the economic calendar important?
Since some events can show the upcoming volatility, following the economic calendar, traders can prepare for it.
The economic calendar is especially important for day traders and we recommend them to keep track of it frequently.