World economic calendar
World economic calendar of forex is macroeconomic statistics of forex, reporting of state
committees, departments and departments, schedule of speeches of heads of state and central
banks. Daily dozens of important data are published that affect the exchange rates and the value
of various financial instruments.
Working with the economic calendar is an integral part of fundamental analysis. Having learned
to correctly interpret the published data, you can objectively assess the current situation in the
When working with the calendar, first of all, you should pay attention to events that are the most
significant and most affect the value or the exchange rate of a particular financial instrument.
Such data and events include the publication of the unemployment rate in the US or Europe, the
growth or fall of GDP, the size of interest rates of banks, interventions and quantitative easing,
inflation data and the pace of production development.
Also, when working with statistics, you should pay attention to the predicted by experts and
analysts values. If the actual data differ significantly from the forecasts, then, as a rule, market
Important indicators have a stronger impact on the exchange rate and lead to a sharp increase in
volatility in the market. Data of medium importance have a mediocre influence and lead to small
fluctuations. Indicators with a low value practically do not affect the change in quotations.
Economic institutions always make inquiries of economists according to forecasts of this or that
indicator. All forecast values are published in the forex calendar in advance, so they are already
included in the price on the chart.
Traders wait until the publication of statistics and compare the real data with the forecast and on
the basis of this make their trading decisions.