Tradays — forex economic calendar

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). As those durable products often involve large investments they are sensitive to the US economic situation. Generally speaking, a high reading is bullish for the USD, while a low reading is seen as Bearish.

The Tokyo Consumer Price Index is released by the Statistics Bureau and it’s a measure of price movements obtained by comparison of the retail prices of a representative shopping basket of goods and services. The Initial Jobless Claims released by the US Department of Labor is a measure of the number of people filing first-time claims for state unemployment insurance.

As such I would like to summarize some of the more important points to keep in mind when using the news calendar. By now you should know how to configure your Forex Factory calendar as well as how to manage news events. Let’s finish up this tutorial by discussing how price action plays a role in all of this. The reason we want to use the Forex Factory calendar is to know when market-moving news is expected and thereby avoid or prepare for periods of high volatility.

forex calendar

Forexpeacearmy.com the website where almost every expert advisors to trading system and trading signals services are reviewed apparently also has a forex calendar. Alpari is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. Knowing how to set up the Forex Factory calendar is one thing, knowing how to use it properly is quite another. The first thing to understand is that you only want to focus on the market-moving events.

FXCM Markets Limited (“FXCM Markets”) is incorporated in Bermuda as an operating subsidiary within the FXCM group of companies (collectively, the “FXCM Group” or “FXCM”). FXCM Markets is not required to hold any financial services license or authorization in Bermuda to offer its products and services. The industry consensus is the market’s “best guess” regarding a pending economic event.

forex calendar

The Housing Price Index released by the Federal Housing Finance Agency provides an estimated value of housing market conditions. It is an important indicator as the housing market is considered as a sensitive factor to the US economy. The S&P/Case-Shiller Home Price Indices released by the Standard & Poor’s https://en.forexrobotron.info/roboforex-forex-broker-review-forex/ examines changes in the value of the residential real estate market in 20 regions across the US. This report serves as an indicator for the health of the US housing market. Generally speaking, a high reading is seen as positive (or bullish) for the USD, while a low reading 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).

The Euro Zone Economic Confidence released by the European Commission is a survey of consumers confidence in economic activity. An optimistic view of consumers is considered as positive for the EUR, whereas a pessimistic view is considered as negative. Services sentiment indicator, released by European Comission, measures business sentiment in the services sector. The figure is derived from a survey asking firms in the service sector about current and expected demand.

Step 4: Selecting the Desired Time Frame

The survey monitors about 300 manufacturing plants selected according to geographic distribution, industry mix, and size. A higher than expected reading should be taken as positive/bullish for the USD, while https://en.forexrobotron.info/ a lower than expected reading should be taken as negative/bearish for the USD. The Consumer Confidence released by the Istituto Nazionale di Statistica is a survey of the consumer opinions in Italy.

  • Reserves can be a precautionary measure for countries susceptible to financial crisis.
  • Get the latest breaking foreign exchange trade news and current updates from active traders daily.
  • The Unemployment Rate released by the Hungarian Central Statistical Office,is the number of unemployed workers divided by the total civilian labor force.
  • Normally, a decrease in the figure is seen as positive (or bullish) for the EUR, while an increase is seen as negative (or bearish).
  • You can also watch our daily free Forex and CFD trading webinarto expand your knowledge about trading the markets.
  • Knowing how to set up the Forex Factory calendar is one thing, knowing how to use it properly is quite another.

The Consumer Confidence released by the ANZ is a leading index that measures the level of consumer confidence in economic activity. A high level of consumer confidence stimulates economic expansion while a low level drives to economic downturn. A high reading is seen as positive (or bullish) for the NZD, while a low reading is seen as negative (or bearish). The Central Bank Reserves released by The Central Bank of the Russian Federation present reserves in foreign currency and gold The Central Bank holds. Reserves can be a precautionary measure for countries susceptible to financial crisis.

forex calendar

The forex economic calendar is an event based calendar that traders use to keep current with upcoming financial information. An forex calendar contains information for future and past economic events of different countries and can clue the trader in on potential volatility expansions of certain currency pairs. Each currency is representative of the economic, political, and social stability of a country.

In other words, it provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy. Generally speaking, a decreasing number should be taken as positive or bullish for the USD. This indicator measures the average number for the last four releases of the Initial Jobless Claims, which are released every Thursday. It is published by the US Department of Labor as a measure of the number of people filing first-time claims for state unemployment insurance.

The number of New Home Sales released by the US Census Bureau is an important measure of housing market conditions. House buyers spend money on furnishing and financing their homes so as a result the demand for goods, services and the employees is stimulated. Generally, a high reading is seen as bullish for the USD, whereas a low reading is seen as bearish. The number of New Home sales released by the US Census Bureau is an important measure of housing market conditions.

The Trade Balance released by the SCB – Statistics Sweden 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 Swedish Krona. If a steady demand in exchange for Swedish exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the Krona.

If the rate is up, it indicates a lack of expansion within the Polish labor market. Normally, a decrease in the figure is seen as positive (or bullish) for the Polish Zloty, while an increase is seen as negative (or bearish). The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is considered as a broad measure of the German economic activity and health. A high reading or a better than expected number has a positive effect on the EUR, while a falling trend is seen as negative (or bearish).

The Unemployment Rate released by the Statistics Finland is the number of unemployed workers divided by the total civilian labor force. If the rate is up, it indicates a lack of expansion within the Finnish labor market. Normally, a decrease in the figure is seen as positive (or bullish) for the EUR, while an increase is seen as negative (or bearish).

Analysis

A valuable research device, the Economic Calendar provides forex traders and investors a structured method of identifying when and how an economic event may potentially affect the marketplace. If you are trading stocks of well-known companies, forex currencies (EURUSD, GBPUSD, USDJPY, EURCHF, etc.) and other financial symbols, this economic calendar will be extremely useful for you. It features hundreds of macroeconomic indicators, which daily influence financial symbol quotes, including currencies, stocks, bonds, futures and options, among others. Whatever financial market you choose, Tradays can help you improve your trading strategy. Each event is graded depending on which economic calendar website you use.

Normally, a decrease in the figure is seen as positive (or bullish) for the Mexican Peso, while an increase is seen as negative (or bearish). The Jobless Rate figure released by INEGI is the number of unemployed workers in the economy.