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Economic Calendar

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What does the economic calendar show?

All information in the economic calendar are well organized and provides important scheduled economic events, news and announcement that affect specific security or the global market as a whole. GDP, non-farm payroll and interest rates are just some of the few that are presented in the economic calendar.

How to read the economic calendar?

The economic calendar we have provides a short description of each event and its “actual,” “forecast,” and “prior” values. Events are organized chronologically and you can choose to see only those of high importance. 
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?

For traders, the economic calendar is a very important and helpful tool, whether they are planning new investments or are observing existing portfolios. They are using it as a trading indicator to potentially increase profit. 
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.

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