Economic Calendar

In this informative section we will give you information about one of the most common and most used resources by investors, both by beginner investors and by expert investors. We will explain what an economic calendar is and why it is important to use one in our day to day.

What is an economic calendar?

It is a journal of all data announcements and news related to finance, financial events of interest. As the words economic calendar well mention it, an economic calendar. It is usually divided by countries or regions. These financial events can be events such as inflation, interest rates, unemployment rates, data from highly influential companies, all kinds of events that can affect the economy of a region or country.

Why are we interested in these events? Why should we use an economic calendar?

Because these events can potentially affect the markets where we are investing (Forex, CFDs, and other types of financial products, including cryptocurrencies). As investors (or also called traders) it is our duty to be aware, to be informed of financial events, ESPECIALLY if we have money already invested in a certain position, action, raw material, etc.

 

Real-time economic calendar provided by Investing.com.

For example, we have money invested in the GBP / USD currency pair or say, in the financial index FTSE 100 (financial index of the London Stock Exchange) and they will announce today the UK unemployment rate, this can potentially affect The British Pound, it is our duty to be aware and have as much information as we believe necessary to be able to try to anticipate movements in the financial markets and make money, or at least not lose money.

Another important piece of information is the patterns, a large financial event can dramatically change a pattern that we are following to invest. Keep it in mind.

Do you want to know if a broker is reliable? Just take a look at our section with more than 400 reviews of different forex brokers, CFDs, Critical currencies, Binary Options and more. Can't find your broker? Leave us a comment with the name and website of the broker and we will make a review as soon as possible.

Do not you agree with our section? Do you have any doubts or questions about the economic calendar? Leave us a comment and we will get back to you as soon as possible.

Your score
Our Score
1star1star1star1star1star
User Score
4.5 udgangspunkt 3 votes
Broker
Economic Calendar
Broker Type
Explanation

2 comments on "Economic Calendar"

  1. Hello, how are you, I am Milton, I want to start in this world of trading or trader I am going to register with the broker xm, please it is reliable and it is regulated. Thank you

    1. Hi Milton, so far everyone who has worked with them has had no complaints, it is a good option.

      Greetings and luck.

Leave an answer

Your email address will not be published. Required fields are marked with *