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Economic calendar

The economic calendar informs about the most important regular events that affect the dynamics of exchange rates. It displays not only the dates of these events but also gives a forecast of the impact on financial markets.

In most cases, traders take into account the predicted values ​​in advance, adjusting the structure of their open positions, which reduces potential losses. 

However, at the time of the announcement of important news, sharp and significant shifts in exchange rates can occur, which leads to increased market volatility and can cause margin calls if the trader does not have enough free funds.

Careful tracking of the economic calendar can prevent the undesirable consequences of jumps in the exchange rates of currency pairs.

Time Country Period Event Sense Forecast Previous
May 17, 2022
04:30 AUD calender forex May Monetary Policy Meeting Minutes
Name:

Monetary Policy Meeting Minutes

  • Source:

    Reserve Bank of Australia

07:30 JPY calender forex April Tertiary Industry Activity m/m 1.2% -1.3%
09:00 GBP calender forex April Average Earnings Index 3m/y 5.4% 5.4%
09:00 GBP calender forex April Claimant Count Change -42.3K -46.9K
09:00 GBP calender forex April Unemployment Rate 3.8% 3.8%
11:00 EUR calender forex April Italian Trade Balance 0.79B -1.66B
12:00 EUR calender forex Flash Employment Change q/q 0.5% 0.5%
12:00 EUR calender forex Flash GDP q/q 0.2% 0.2%
13:05 GBP calender forex 30-y Bond Auction 1.58|2.3
13:05 GBP calender forex MPC Member Cunliffe Speaks
15:00 USD calender forex FOMC Member Bullard Speaks
15:30 CAD calender forex April Foreign Securities Purchases 9.49B 7.44B
15:30 USD calender forex April Core Retail Sales 0.4% 1.1%
Name:

Core Retail Sales m/m

Essence:

Core Retail Sales measures the change in the total value of sales at retail outlets, excluding automobiles. Automobile sales are substantial part of Retail Sales, but due to high volatility they tend to distort the true picture. Core Retail Sales is considered to be a better gauge of of consumption and consumer confidence.

Why imprtant:

It is an important indicator of consumer spending and consumer confidence. Thought to be used to forecast near-term economic developments. 

  • Better if:

    Sense > Forecast

  • Source:

    Census Bureau

15:30 USD calender forex April Retail Sales m/m 1.0% 0.5%
Name:

Retail Sales m/m

  • Better if:

    Sense > Forecast

  • Source:

    Census Bureau

16:15 USD calender forex April Capacity Utilization Rate 78.5% 78.3%
16:15 USD calender forex April Industrial Production m/m 0.4% 0.9%
17:00 USD calender forex April Business Inventories m/m 1.9% 1.5%
17:00 USD calender forex April NAHB Housing Market Index 75 77
17:00 NZD calender forex GDT Price Index -8.5%
20:00 EUR calender forex ECB President Lagarde Speaks
21:00 USD calender forex Fed Chair Powell Speaks
Name:

Fed Chair Powell Speaks

21:30 USD calender forex FOMC Member Mester Speaks

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