An economic calendar is a schedule of key economic events and indicators that are scheduled to be released over a specific period of time. These events and indicators typically include data such as employment reports, GDP (Gross Domestic Product) figures, inflation rates, consumer spending, central bank meetings, and other economic statistics that can have a significant impact on financial markets.
Economic calendars are commonly used by traders, investors, economists, and analysts to stay informed about upcoming events that could potentially affect the performance of financial instruments such as stocks, bonds, currencies, and commodities. By tracking these events, market participants can make more informed decisions about their investment strategies and positions.
The information provided below in an economic calendar usually includes the date and time of the event, the name of the indicator or report, the previous value (if applicable), the forecasted value, and the actual value once it is released. This allows users to compare the actual results with market expectations and gauge the potential impact on market sentiment and asset prices.
